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Draper Associates

North America, California, United States, San Mateo

Description

Draper Associates, based in San Mateo, California, stands as a distinguished early-stage venture capital firm founded by the renowned investor Tim Draper. The firm is celebrated for its forward-thinking approach and its readiness to back groundbreaking technologies and unconventional business models. It embodies Tim Draper's enduring philosophy of empowering entrepreneurs who are poised to disrupt and redefine industries, with a particular focus on sectors ripe for significant transformation.

The firm primarily targets seed and early Series A stage companies, demonstrating a robust appetite for innovation across a wide array of sectors, including fintech, artificial intelligence, blockchain, SaaS, and consumer technology. Draper Associates actively seeks out companies characterized by strong founding teams, scalable business models, and the potential to achieve substantial global impact. Their investment strategy is centered on identifying nascent trends and providing crucial support to companies that can emerge as market leaders in developing categories.

Draper Associates typically writes initial checks ranging from $500,000 to $5,000,000, primarily for seed and early Series A funding rounds. This flexible investment range enables them to support promising startups at various critical junctures of their growth. The firm maintains a diverse portfolio and possesses a notable track record of identifying future unicorns and industry giants. While the broader Draper ecosystem is famously associated with iconic investments such as Tesla, SpaceX, and Coinbase, Draper Associates, as a distinct entity, continues this legacy by actively investing in over 250 companies globally, cultivating a dynamic network of innovative ventures.

Beyond providing capital, Draper Associates offers its portfolio companies invaluable access to a vast global network, mentorship from seasoned venture capitalists, and strategic guidance. Their involvement extends to assisting startups in navigating operational challenges, scaling their businesses, and connecting with potential partners and follow-on investors. The firm's dedication to fostering entrepreneurial ecosystems is further underscored by its close association with Draper University, which offers immersive programs designed for aspiring founders.

Investor Profile

Draper Associates has backed more than 415 startups, with 25 new investments in the last 12 months alone. The firm has led 108 rounds, about 26% of its total and boasts 64 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, FinTech, Information Technology.
  • Led 10 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (39%)
  • Series A (25%)
  • Series B (11%)
  • Series Unknown (9%)
  • Pre Seed (7%)
  • Series C (4%)
  • Non Equity Assistance (1%)
  • Convertible Note (1%)

Country Focus

  • United States (78%)
  • United Kingdom (3%)
  • Canada (1%)
  • France (1%)
  • Argentina (1%)
  • India (1%)
  • Singapore (1%)
  • Australia (1%)
  • Austria (1%)
  • Sweden (1%)

Industry Focus

  • Software
  • Fintech
  • Information Technology
  • Artificial Intelligence (Ai)
  • Blockchain
  • Financial Services
  • Enterprise Software
  • Cryptocurrency
  • Saas
  • Aerospace
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Draper Associates frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 9
Draper Dragon
North America, California, United States, San Mateo
Co-Investments: 11
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 8
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 8
500 Global
North America, California, United States, San Francisco
Co-Investments: 20
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 9
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 17
Boost VC
North America, California, United States, San Mateo
Co-Investments: 24
Techstars Ventures
North America, Colorado, United States, Boulder
Co-Investments: 7
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 10

Which angels does Draper Associates often collaborate with?

KC
North America, California, United States, San Francisco
Shared Deals: 2
BW
North America, California, United States, Los Angeles
Shared Deals: 4
TD
North America, California, United States, San Francisco
Shared Deals: 16
RR
North America, California, United States, Hayward
Shared Deals: 2
PC
North America, California, United States, Los Angeles
Shared Deals: 6
RM
North America, California, United States, San Francisco
Shared Deals: 2
TT
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
PL
Europe, Ile-de-France, France, Paris
Shared Deals: 2
EJ
North America, United States
Shared Deals: 2
RI
North America, Texas, United States, Dallas
Shared Deals: 2

What are some of recent deals done by Draper Associates?

MIDL

Dover, Delaware, United States

MIDL is a digital finance company that offers EVM compatibility, functionality of Ethereum dApps to Bitcoin users.

BlockchainCryptocurrencyFinancial Services
SeedJul 30, 2025
Amount Raised: $2,400,000

Venture Capital & Private Equity Principals

SeedJul 11, 2025
Amount Raised: $14,000,000
Grifin

Tampa, Florida, United States

Buy Stock Where You Shop

AppsE-CommerceFinanceMobile AppsPersonal Finance
Series AJun 18, 2025
Amount Raised: $11,000,000
Allia

Oxford, Oxfordshire, United Kingdom

Alliauk is a patient management platform that uses AI for mental health insights.

Artificial Intelligence (AI)Data CenterMental Health
SeedJun 18, 2025
Amount Raised: $2,000,000
Roxom Global

Buenos Aires, Distrito Federal, Argentina

Roxom Global is a Bitcoin Ecosystem and Treasury Company. It is the parent co of Roxom (Exchange) & Roxom TV (24/7 Bitcoin Media Network).

BitcoinBlockchainCryptocurrencyFinTech
Pre SeedMay 22, 2025
Amount Raised: $17,900,000
Near Space Labs

Brooklyn, New York, United States

Near Space Labs provides aerial imagery using zero-emission balloons to support mapping, urban planning, and environmental monitoring.

AerospaceComputer VisionGeospatialRoboticsSoftware
Series BApr 29, 2025
Amount Raised: $20,000,000
myco

Dubai, Dubai, United Arab Emirates

myco is a content streaming super dApp that smoothly integrates AVOD and SVOD capabilities into a decentralized ecosystem.

Media and Entertainment
Series UnknownApr 20, 2025
1Fort

New York, New York, United States

AI platform for business insurance

Artificial Intelligence (AI)B2BInsuranceRisk ManagementSaaSSoftware
SeedApr 17, 2025
Amount Raised: $9,853,517
Scout AI

Sunnyvale, California, United States

Scout AI Building the robotic foundation model for defense.

Artificial Intelligence (AI)
SeedApr 16, 2025
Amount Raised: $15,000,000
Phantom Neuro

Austin, Texas, United States

Phantom Neuro develops muscle-machine interfaces for robotic limb rehabilitation solutions.

BiotechnologyMedicalNeuroscienceRobotics
Series AApr 15, 2025
Amount Raised: $19,000,000