Fundraising Fox

DCM Ventures

Venture capital

Menlo Park · Seed–Series A · 23 people tracked

Also known as DCM MANAGEMENT, L.P.

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Investment thesis

DCM Ventures approaches investing from first principles, favoring fundamental reasoning over analogies or conventions to help founders build durable, innovative companies. The firm leads rounds and concentrates on a small group of early-stage companies each year, committing significant time, network, and resources where it can have meaningful impact. It emphasizes enduring partnerships built on trust, radical transparency, and shared values. Its global team brings diverse perspectives and cross-border experience, helping companies access ideas, talent, and markets worldwide. The investment philosophy is driven by conviction and a pursuit of unconventional ideas and visionary founders.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
Check
$250K – $15M
HQ
Menlo Park, CA, US
Leads rounds
Leads
Instruments
Equity
Founded
1996
AUM
$4.2B
VC funds
20
Tracked investments
47

Team · 23 people

from the firm's website & public directories
Andre Levi· Partnerin
André Levi· Chief Financial Officer & Partner
Fiona Huang· Partner
Matthew C. Bonner· COO and Legal Partner
Osuke Honda· General Partnerin
Nan Bai· Principalin
David Cheng· Investorin𝕏
George Zhou· Investment Vice President
Gloria Zhang· Investment VP
Jeffery Wang· Investment Vice President
Qi Wang· Associate

What they invest in

from 23 of 47 portfolio companies

Fintech ×8AI & Machine Learning ×6Marketplaces ×6SaaS ×5Enterprise Software ×4B2B Marketplaces ×3Consumer ×3Gaming ×3

HQs:United States×17France×1Indonesia×1Japan×1Singapore×1

Investments · 47 tracked

founders shown can be your intro path
Bill.com Holdings, Inc.bill.comin𝕏NYSE: BILL

BILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses.

AI & Machine LearningEnterprise SoftwareFintechSaaSSan Jose, US

Stephen Fisher(Director)Rene A. Lacerte(Executive Officer, Director)Steven Piaker(Director)Bora Chung(Executive Officer)Colleen Taylor(Director)Allison Mnookin(Director)

FuboTVfubo.tvNYSE: FUBO
GigaCloud Technologygigacloud.comNASDAQ: GCT
PlayStudiosplaystudios.comin𝕏NASDAQ: MYPS

PlayStudios is a global gaming studio that develops award-winning game titles and operates a network of business partnerships with a player community across three continents.

GamingLas Vegas, US

Marcus Sanford(Director)Andrew Pascal(Executive Officer, Director)William Hornbuckle IV(Director)Paul Mathews(Executive Officer)

SoFisofi.comNASDAQ: SOFI
VipshopNYSE: VIPS
Chompy, Inc.chompy-inc.com✓ verified

Chompy builds a food delivery service and offers a free service (beta) that lets restaurants and food retail brands create their own official app and website.

FoodTechMarketplacesSaaSTokyo, JP

大見 周平(代表取締役)八木 達也(取締役CTO)

Glintsglints.comin𝕏✓ verified

Glints operates a talent ecosystem platform in Southeast Asia that connects job seekers with employment opportunities and enables organizations to recruit talent across the region.

B2B MarketplacesHR TechMarketplacesSingapore, SG

Ying CongOswaldQin En

AugmedixSEC filingmedium confidence

HealthtechSan Francisco, US

Emmanuel Krakaris(Executive Officer, Director)Ian Shakil(Executive Officer, Director)Paul Ginocchio(Executive Officer)Sandra Breber(Executive Officer)Joseph Marks(Director)Gerard van Hamel Platerink(Director)

Board seatJason Krikorian· per SEC Form D · $12M raise · filed May 2023

BlockIDSEC filingmedium confidence

Miami, US

DEVEN ORIE(Executive Officer, Director)CASEY SCHNEIDER(Executive Officer)

BoardCHRISTOPHER L EWING(Director)

Board seatHurst Lin· per SEC Form D · $11M raise · filed Feb 2025

CirrentSEC filingmedium confidence

San Mateo, US

Jason Krikorian(Director)Robert Conant(Executive Officer, Director)

Board seatJason Krikorian· per SEC Form D · $8.8M raise · filed Apr 2016

Matterportmatterport.comin𝕏

Matterport provides 3D imaging and digital twin technology for real estate, construction, facilities management, and property marketing, enabling clients to visualize spaces remotely and make data-driven decisions.

Construction TechConsumerEnterprise SoftwarePropTechSunnyvale, US

Matt Bell(Founder)David Gausebeck(Founder/CTO)inRJ Pittman(CEO)inPeter Hebert(Director)Patrick Eggen(Director)Jason Krikorian(Director)

Board seatJason Krikorian· per SEC Form D

NvestSEC filingmedium confidence

San Francisco, US

JASON KRIKORIAN(Director)MARK BRITTO(Director)Michael Sha(Executive Officer, Director)JOHN BUTTRICK(Director)

Board seatJason Krikorian· per SEC Form D · $33M raise · filed Jun 2016

S.C NetworksSEC filingmedium confidence

New York, US

Daniel Leff(Director)David Gandler(Director, Chief Executive Officer and Secretary.)Jason Krikorian(Director)Michael Lousteau(Director)

Board seatJason Krikorian· per SEC Form D · $4M raise · filed Aug 2015

Akulakuakulaku.com𝕏

Akulaku is a payment and digital banking solutions platform serving 33 million customers, offering payment processing, digital banking services, and free shop setup with dedicated traffic support.

B2B MarketplacesFintech

Bill.com
Brigithellobrigit.com𝕏

Brigit is a mobile financial health app that helps low-income Americans avoid overdrafts, access emergency cash, build credit, and budget for savings.

Fintech

Zuben Mathews(Co-founder)Hamel Kothari(Co-founder)

Cherrywithcherry.com

Cherry is a point-of-sale financing platform that enables healthcare practices to offer patients buy-now-pay-later payment plans with instant approval and competitive rates.

FintechHealthtechSaaS

Coffeemeetsbagelcoffeemeetsbagel.comin𝕏

Coffee Meets Bagel is a dating app that matches singles seeking serious relationships through curated daily batches of potential partners based on detailed profile information and stated preferences.

ConsumerMarketplacesSocialNew York, US

Arum Kang(CEO & Co-Founder)

eKuaibao
EvenUpevenuplaw.comin𝕏

EvenUp provides an AI-powered claims intelligence platform for personal injury law firms to draft, review, and strengthen cases.

AI & Machine LearningLegalTech

Rami Karabibar(Chief Executive Officer)inRaymond Mieszaniec(Chief Operating Officer)inSaam Mashhad(Chief of Product & Legal Operations)in

Figuremarketsfiguremarkets.comin𝕏

Figure Certificate Company issues unsecured certificates backed by debt securities, serving investors seeking fixed-income products in the financial services sector.

Crypto & Web3FintechMarketplaces

Mike Cagney(Co-founder and CEO)

FinTech Figure San Francisco, CAfigure.com

Figure is a lending platform that offers residential and commercial loan products including home equity lines of credit, cash-out refinances, DSCR loans, and crypto-backed loans for borrowers.

AI & Machine LearningCrypto & Web3FintechCharlotte, US

Mike Cagney(Co-Founder, Executive Chairman)inJune Ou(Co-Founder, Advisor, Board Member)inJin Woo Park(Executive Officer, Director)

Fountainfountain.comin𝕏

Fountain provides an applicant tracking system designed specifically for hiring hourly workers at scale.

AI & Machine LearningEnterprise SoftwareHR TechMarketplacesSaaSSan Francisco, US

Keith Ryu(Founder/CEO)in

Gigacloudtechgigacloudtech.comin

GigaCloud Technology is an online B2B marketplace that connects wholesale suppliers and resellers of large parcel merchandise globally.

B2B MarketplacesCloud ComputingE-commerceLogistics & Supply Chain

Gigaloud
Hauto
Hims & Hershims.com
Huochebang
Koalateachwithkoala.comin𝕏

Koala is an interactive online learning platform that provides a collaborative classroom environment for teachers and students, featuring co-browsing, content uploading, and integrated invoicing for tutors.

EdTechFuture of WorkGamingMarketplacesSaaSSan Francisco, US

Xavier Lesage Moretti(Founder)inBenjamin Roux(Founder)in

Koalahikoala.coin

Koala provides travel protection and insurance products designed for simplicity and transparency.

FintechInsurTechTravel & HospitalityParis, FR

Koala Healthkoala.healthin

Koala is an online pharmacy that sells vet-approved medications, supplements, and health products for pets, with free shipping on orders over $45.

E-commerceHealthtechMelrose, US

Josh Kopelman(Director)Gavin Cotter(Executive Officer, Director)Greg Yap(Director)

Kuaishou

Asian social media and content sharing platform for creating and sharing short videos and live streams with e-commerce integration

Location-based social app ipolife360.comin𝕏

Life360 is a family safety mobile application that enables families and friends to share real-time location information, receive driving safety alerts, and check in with loved ones to maintain peace of mind about their whereabouts and well-being.

ConsumerIoT

Luxin
Pharmaron
Picsartpicsart.comin𝕏

Picsart offers a command-line interface that provides access to over 130 AI models for generating images, videos, and audio content, integrating tools from leading providers like Flux, Sora, Runway, and ElevenLabs.

AI & Machine LearningCreator EconomyDeveloper ToolsMiami Beach, US

Michael Vernal(Director)Hovhannes Avoyan(Executive Officer, Director)Tammy Nam(Executive Officer)Mikayel Vardanyan(Executive Officer)Kevin Boon(Executive Officer)Serena Dayal(Director)

Plentyplenty.agin

Plenty builds controlled environment farms that use vertical growing methods to produce food using significantly less land and water than conventional agriculture.

AgTechFoodTechVirginia, US

Mary S Moore(Executive Officer, Director)

QuantaSing
Reforged Labsreforgedlabs.comin𝕏

Reforged Labs provides AI-powered solutions for user acquisition and creative experimentation for mobile apps and games.

AdTechAI & Machine LearningEnterprise SoftwareGamingMarketing TechSan Francisco, US

Robert Huynh(Founder)inOscar Xing Luo(Cofounder)

Trovytrovy.comin𝕏

Trovy provides homeowners with simple access to low-cost credit secured by home equity, allowing them to consolidate high-rate debts and access their home's equity for financing needs.

Fintech

TJ Milani(Founder, CEO)Ashley Harris(Founder, COO)

Udesk
Yaoshibang
YQNygn.com

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does DCM Ventures invest at?
DCM Ventures invests at the Seed, Series A stages.
What is DCM Ventures's typical check size?
DCM Ventures typically writes checks of $250K – $15M.
What sectors does DCM Ventures focus on?
DCM Ventures focuses on AI & Machine Learning, B2B Marketplaces, Consumer, E-commerce, Enterprise Software, Fintech, Logistics & Supply Chain, Marketplaces, Media & Entertainment, PropTech, Sector Agnostic, Social, Travel & Hospitality.
Where is DCM Ventures located?
DCM Ventures is headquartered in Menlo Park, US.
Does DCM Ventures lead rounds?
Yes, DCM Ventures leads investment rounds.

Images

DCM Ventures photoDCM Ventures photoDCM Ventures photoDCM Ventures photoDCM Ventures photoDCM Ventures photo

Co-investors · 132

Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

$500K – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

$4.4M – $214M
General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning companies since its early days, building a global portfolio spanning AI infrastructure, life sciences, and applications.

$250K – $50M
Founders Fund

Founders Fund is a venture capital firm that invests in technology companies across sectors, backing companies such as Anduril and Palantir.

$500K – $5M
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.

$1.7M – $87M
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

$5M – $100M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

$1.6M – $70M
Greylock Partners

Greylock Partners is a venture capital firm that backs founders at the earliest stages, often as their first investor before a product exists.

$100K – $200M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

$200K – $40M
Long Journey Ventures

Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.

$100K – $1M
120 more co-investors

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Firms observed investing alongside DCM Ventures, from public investor directories.

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