DFJ
Growth equityActively deployingSan Mateo · Growth–Late Stage · 23 people tracked
Also known as DFJ 2006 Continuation · DFJ 2016 · DFJ AI Investors · DFJ ANDL Investors · DFJ Continuation · DFJ GROWTH MANAGEMENT, LLC · DFJ NL Investors · DFJ Resiliency · DFJ SPX Investors · DFJ Unity Investors
Deal analysis
- DroneDeploy × Procore: who got the money home
An estimated liquidation waterfall of the $845m all-cash exit: every class converted — seed money made ~33x, founders took ~$127m, and the 2025 insider round returned ~1.4x in ten months.
Read the analysis →
Investment thesis
DFJ Growth backs visionary founders defining the future, focusing on the growth stage of a company's scaling journey. The firm sees the combination of bold vision and disciplined execution as the source of outsized outcomes and aims to be an active partner to founders and their teams during rapid expansion.
Source: firm website, verified Aug 25, 2026.
Team · 23 people
from the firm's websiteWhat they invest in
from 23 of 29 portfolio companiesSaaS ×10AI & Machine Learning ×9Enterprise Software ×8Healthtech ×6Data & Infrastructure ×5Developer Tools ×4Cloud Computing ×3Deep Tech ×3
HQs:United States×20United Arab Emirates×1
Investments · 29 tracked
founders shown can be your intro pathBy year:2025 · 32024 · 12021 · 22020 · 12016 · 12014 · 19 dated
Aladdin is a B2B matchmaking and events platform that connects buyers, suppliers, and business partners through qualified meetings—held in person, online, or hybrid.
B2B MarketplacesData & InfrastructureEnterprise SoftwareSaaS
Alaa Ismail(Founder)inIsmail Alaa
Co-investorsDraper Associates500 Global
Outreach provides sales engagement and revenue intelligence software for enterprise sales teams to improve customer relationships and close deals more effectively.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSales TechSeattle, US
Manny Medina(Founder)inManuel Medina(Executive Officer, Director)Wesley Hather(Executive Officer, Director)Gordon L. Hempton(Executive Officer, Director)Andrew Kinzer(Executive Officer)inGordon Hempton(Co-Founder and Former Chief Technology Officer)in
Co-investorsSalesforce Ventures408 VenturesBonfire VenturesElevate VenturesFelicis VenturesFloodgate+12 more
Palo Alto, US
Board seatJustin Kao· per SEC Form D · $60M raise · filed Dec 2025
New York, US
Matthieu Aimonetti(Executive Officer, Director)Steve Martocci(Executive Officer, Director)
BoardAdam D'Augelli(Director)inAndrew Weissman(Director)Jared Hecht(Director)
Board seatRandall S. Glein· per SEC Form D · $55M raise · filed Dec 2020
Co-investorsTrue Ventures
Earli develops a biotechnology platform that uses genetic constructs to detect cancer and produce therapeutic proteins by reprogramming cancer cells.
AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesSouth San Francisco, US
Dr. Sam Gambhir(Founder)Cyriac Roeding(Co-founder)inDr. David Suhy(Co-founder & Chief Scientific Officer)
BoardJorge Conde(Director)in
Board seatJustin Kao· per SEC Form D · $40M raise · filed Jan 2021
Co-investorsAndreessen HorowitzBreyer CapitalHan River PartnersMenlo VenturesMBX Capital
Hidden Level develops advanced RF (radio frequency) sensing technology for defense, aviation, and intelligence applications.
Data & InfrastructureDeep TechDefense TechGovTechHardwareSyracuse, US
Jeffrey A. Cole(Executive Officer, Director)Brad Garber(Executive Officer)Gary Dominicos(Executive Officer)Tim Graham(Executive Officer)Mike Goll(Executive Officer)Gary S. Dominicos(Executive Officer, Director)
Board seatRandy Glein· per SEC Form D · $66.5M raise · filed Apr 2025
Co-investorsBooz Allen VenturesClaritas CapitalDRONE FUNDFounders Circle CapitalIronGate Capital AdvisorsLauder Partners+10 more
Inflammatix develops host-response-based molecular diagnostics tests to identify acute infections and sepsis in emergency and critical care settings.
AI & Machine LearningBiotechHealthtechMedical DevicesBurlingame, US
Tim Sweeney(Co-Founder and CEO)Purvesh Khatri(Co-Founder and Chief Scientist)JONATHAN ROMANOWSKY(Executive Officer)
BoardKENNETH BAHK(Director)MICHAEL RUBIN(Director)DAVID PERSING(Director)
Board seatJustin Kao· per SEC Form D · $102.4M raise · filed Mar 2021
Co-investorsKhosla VenturesNorthpond VenturesOSF Ventures
Formlabs designs and manufactures professional desktop 3D printers using stereolithography (SLA) and selective laser sintering (SLS) technologies, along with proprietary materials and software.
Advanced ManufacturingDeep TechHardwareNew MaterialsSomerville, US
Natan Linder(Director)Maxim Lobovsky(Founder)inMax Lobovsky(Co-founder & CEO)Shirley Paley(Executive Officer)Dávid Lakatos(Chief Product Officer)Nick Graham(Chief Revenue Officer)
Board seatBarry Schuler· per SEC Form D · $392.9K raise · filed Jul 2024
Co-investorsAcequia Capital (AceCap)C4 VenturesFounder CollectiveFoundryKapor CapitalKima Ventures+5 more
A Place for Mom is a U.S. and Canadian senior care referral marketplace connecting families with senior living and home care providers.
Vernon Hills, US
Jonathan Stevens(Executive Officer)Thomas Richards(Executive Officer, Director)Christine Leahy(Executive Officer)Dennis Berger(Executive Officer)Neal Campbell(Executive Officer)Christina Rother(Executive Officer)
Co-investorsBain Capital Double Impact Fund LPBain Capital Life SciencesBain Capital Tech OpportunitiesBlue Sea CapitalClayton Dubilier & RiceCore Venture Capital+10 more
Alchemy is an infrastructure-as-code tool that lets developers define their entire cloud setup as a TypeScript program, with commands to plan, deploy, and destroy resources across providers like Cloudflare and AWS.
Cloud ComputingDeveloper ToolsSaaS
Co-investorsCrucible CapitalAdditionAndreessen HorowitzCoatue ManagementLightspeed Venture Partners
Diamanti provides a Kubernetes platform with container-native networking and distributed storage for on-premises, hybrid, and multi-cloud deployments, including Kubernetes-native VMs, self-service Postgres, and AI/ML (LLMOps) solutions.
Cloud ComputingData & InfrastructureEnterprise Software
Co-investorsClearSkyNeva Sgr.Threshold VenturesTransLink CapitalCRV (Charles River Ventures)Goldman Sachs+1 more
Divvy Homes offers a rent-to-own platform that allows prospective homebuyers to build equity while renting, with the option to purchase the property later.
FintechPropTech
Alex Klarfeld(Cofounder)
Co-investorsAndreessen HorowitzNotable CapitalThreshold VenturesCaffeinated CapitalGICTiger Global Management
AI & Machine LearningEnterprise SoftwareHR TechSaaSNew York, US
Joe Essenfeld(Executive Officer, Director)
BoardNilanjana Bhowmik(Director)Ross Goldstein(Director)Peter Flint(Director)R. Douglas Higgins(Director)Jim Baum(Director)
Co-investorsConvergeMontage CapitalRunway Growth CapitalSapphire VenturesGotham VenturesPolaris Partners+1 more
Livongo offers a chronic condition management program combining connected health-monitoring devices (blood glucose meters, blood pressure monitors, scales), certified health coaches, and clinical support to help members manage diabetes, hypertension, and weight, including GLP-1 medication access.
Digital HealthHealthtechWellness & FitnessMountain View, US
JOSEPH E. CAREY(Executive Officer)BRIAN VANDENBERG(Executive Officer)MARIO CHRISTOPHER(Executive Officer)
BoardBETH SEIDENBERG(Board Director (Kleiner Perkins))inLEE SHAPIRO(Director)inHEMANT TANEJA(Director)in
Co-investors7wire VenturesCorewell Health VenturesGeneral CatalystHuman CapitalKleiner PerkinsSapphire Ventures+4 more
Lyst is an online fashion shopping platform that aggregates clothing and accessories, including designer brands such as Saint Laurent, for consumers to browse and buy.
ConsumerE-commerceMarketplaces
Co-investorsAccelAglae VenturesBalderton CapitalMolten Ventures14WDraper Esprit
Metropolis develops an AI-driven recognition platform that enables real-time understanding and personalized responses for physical world interactions.
AI & Machine LearningPropTechSanta Monica, US
Travis Kell(Executive Officer, Director)inAlex Israel(Executive Officer, Director)inCourtney Fukuda(Executive Officer)Peter Fisher(Executive Officer, Director)
Co-investors01 AdvisorsAssembly VenturesBeyond CapitalHalogen Ventures Management Company LlcKing River CapitalSlow Ventures+6 more
San Diego, US
Amir Khosrowshahi(Executive Officer, Director)Naveen Rao(Executive Officer, Director)
BoardSteve Jurveston(Director)
Co-investorsAME Cloud VenturesDCVC (Data Collective)
Periscope Data was a San Francisco analytics platform for data scientists, combining SQL, Python and R; it merged with Sisense in 2019.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS
Ariel Katz(Chief Executive Officer)
Co-investorsBessemer Venture PartnersInsight PartnersAngelPadBling CapitalExpansion Venture CapitalThreshold Ventures
Reflect is an AI-powered, no-code testing platform that allows developers and testers to write automated tests for web applications faster.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSVillanova, US
Fitz Nowlan(Founder)inTodd McNeal(Founder)in
Co-investorsY Combinator
Remitly is an international money transfer service that enables customers to send money across borders to multiple countries.
FintechSeattle, US
Matthew B Oppenheimer(Executive Officer, Director, Promoter)Joshua Hug(Executive Officer, Director, Promoter)Matt Oppenheimer(Founder)inHilton Hewitt(Executive Officer)Andrew Larson(Executive Officer)
BoardWilliam Bryant(Director)
Co-investorsDN CapitalPrime VenturesQED InvestorsScalare PartnersStripesTechstars+7 more
RethinkDB is a distributed document database that enables developers to query JSON documents across multiple programming languages and integrates with modern web frameworks for real-time applications.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
Michael Glukhovsky(Founder)inSlava Akhmechet(Founder)in
Co-investorsY CombinatorAndreessen HorowitzAvalon Ventures Management, LlcHighland Capital Partners
Spiral Genetics develops software for analyzing and comparing whole human genome data across large populations to identify genetic patterns and variants.
AI & Machine LearningHealthtechSeattle, US
Adina Mangubat(Founder)inJeremy Bruestle(Director)Alindrina Mangubat(Executive Officer, Director)
BoardRichard Jacroux(Director)
Co-investorsSeaChangeY Combinator
Splice is a music creation platform providing a library of high-quality audio samples with AI-powered discovery tools, alongside a rent-to-own marketplace for music production software and digital audio workstations.
AI & Machine LearningCreator EconomySaaS
Steve Martocci(Founder)in
Co-investorsFlybridge Capital PartnersFounders Circle CapitalGeek VenturesLerer HippeauTrue VenturesUnion Square Ventures (USV)
SaaSPortland, US
Co-investorsPortland Seed FundTechstarsPIPELINE CAPITAL PARTNERSVoyager Capital
Wellframe provides digital member engagement and care management solutions for health plans.
Digital HealthHealthtechSaaS
Jacob Sattelmair(Founder)inDr Trishan Panch(Founder)in
Co-investorsBlue Venture FundsF-Prime CapitalThreshold VenturesBlueCross BlueShield Venture Partners
Xealth offers an orchestration platform for Digital Care Execution that lets clinicians prescribe digital health programs directly from the EHR, coordinate care across patients and partners, and centralize engagement and outcome data.
Digital HealthHealthtechSaaSSeattle, US
Michael McSherry(Executive Officer, Director)Aaron Sheedy(Executive Officer, Director)Sundar Balasubramanian(Executive Officer, Director)William Bryant(Director)Eric Fu(Executive Officer)
BoardAaron Martin(Director)
Co-investorsLRVHealthMemorialCare Innovation Fund
Engineers microbes that make useful molecules for everyday materials (acquired by Ginkgo Bioworks).
Emeryville, US
Erik (Jed) Dean(Executive Officer)Joshua Hoffman(Executive Officer, Director)Zachariah Serber(Executive Officer, Director)Josh Hoffman(Founder)inEnakshi Singh(Executive Officer)Aaron Kimball(Executive Officer)
Co-investorsAME Cloud VenturesCota CapitalDCVC (Data Collective)Hemisphere Ventures LLCKindred VenturesMission Biocapital+5 more
Digital TV demodulator chips and SoC solutions
Co-investorsDFJ DragonFundDraper AssociatesDraper DragonWestSummit Capital
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.
Exits · 4
IPOs and acquisitions across the tracked portfolioJibeacq. by iCIMSPeriscope Dataacq. by SisenseReflectacq. by PuppetSpiral Geneticsacq. by Omicia
Portfolio news
latest coverage across their companiesSomerville, MA · 3dprintingjournal.com · Aug 18, 2026


Zymergen · claimdepot.com · Jul 27, 2026
Remitly · simplywall.st · Jul 18, 2026
Reflect · abc.net.au · Jul 18, 2026

Outreach · magistralconsulting.com · Jul 9, 2026
高拓讯达 · umatechnology.org · May 24, 2026
Metropolis · axios.com · Nov 7, 2025
Public market activity · per SEC filings
what is this? ⓘDisclosed stake · filed Jan 2018
Disclosed stake · filed Jan 2017
Disclosed stake · filed Feb 2015
Disclosed stake · filed Feb 2014
39 insider ownership filings (Forms 3/4/5)
From the firm's own SEC EDGAR filings — stakes and insider roles in public companies, typically portfolio companies after an IPO. Not a portfolio list published by the firm.
Frequently asked questions
- What stage does DFJ invest at?
- DFJ invests at the Growth, Late Stage stages.
- What sectors does DFJ focus on?
- DFJ focuses on Sector Agnostic.
- Where is DFJ located?
- DFJ is headquartered in San Mateo, US.
- Who does DFJ co-invest with?
- DFJ most often shares deals with Core Venture Capital, Frazier Life Sciences, Keensight Capital, among 15 tracked co-investors.
Media · Podcasts & interviews
featuring the teamJocelyn Kinsey | DFJ Growth
Brian Hollins · Jocelyn Kinsey
Co-investors · 14
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Menlo Ventures is a venture capital firm that invests in transformative, early-stage AI companies across every layer of the modern AI stack, from applications and middleware to data infrastructure and foundation models.
F-Prime Capital is an early-stage-focused investment firm backing companies across life sciences, technology, healthtech and services, and crypto.
Han River Partners is a venture capital firm investing at the intersection of global markets, culture, and technology, backing technically ambitious founders across Silicon Valley and Asia, particularly the Korea-US corridor.
GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.
DST Global is a global internet-focused investment firm that backs fast-growing, high-value internet companies. It does not solicit or accept retail investors.
Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.
Lux Capital is a venture capital firm that backs founders building transformative deep technologies, having been among the first investors in category-defining companies across AI, robotics, biotech, defense, and infrastructure.
Abstract is a San Francisco-based venture capital firm managing $1.8 billion in assets, investing in seed and early-stage companies across all sectors.
ARCH Venture Partners is a venture capital firm that invests in and helps build transformational companies, with a strong focus on the life sciences and biotechnology sector.
▶2 more co-investors
Firms observed investing alongside DFJ, from public investor directories. Shared companies are the overlap with DFJ's recorded portfolio.
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