About DFJ Growth
DFJ Growth is a venture capital firm founded in 2005. It is primarily based out of Menlo Park, United States. As of Mar 2026, DFJ Growth is an active investor, having invested in 96 companies, with 6 new investments in the last 12 months. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series D round of Saronic Overall, DFJ Growth portfolio has seen 24 unicorns, 6 IPOs and 30 acquisitions including key companies like Tesla, Coinbase and Patreon. A lot of funds co-invest with DFJ Growth, with names like Bessemer Venture Partners sharing a substantial percentage of its portfolio. DFJ Growth has team of 25 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 5 more
Portfolio Soonicorns
DFJ Growth's List of Top Investments
DFJ Growth has a portfolio of 96 companies, including 24 unicorns. Their most notable investments are in Helix and Helix.Their portfolio spans across United States, Israel, Chile and 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 25 other sectors, across stages such as Series C, Series B and 5 more. Here is the list of top investments by DFJ Growth:
1. OpenAI
Research and development organization focused on artificial intelligence. It is a research and deployment company focused on developing artificial general intelligence, a system that can solve human-level problems. Its research efforts aim to create safe and beneficial AI tools that empower people and drive progress. The company's API platform enables interaction with its products, including ChatGPT, a conversational AI model.
Key facts about OpenAI
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $180B
- Employee Count: 8,821 as on Apr 30, 2026
- Investors: Glynn Capital, Fidelity Investments and 71 Others
- Latest Funding Round: Series G, Apr 22, 2026, $*****
- Highlight: Editors' Pick
2. Tesla
Electric vehicle and clean energy solutions provider. It manufactures electric vehicles and energy storage systems for consumers. The company designs, develops, manufactures, and sells electric vehicles. It also produces energy generation and storage systems. These products are offered to residential, commercial, and utility-scale customers. The company operates a network of service locations and charging stations.
Key facts about Tesla
- Founded Year: 2003
- Location: Austin (United States)
- Stage: Public
- Total Funding till date: $408M
- Employee Count: 134,785 as on Dec 31, 2025
- Investors: SeedFord Partners, Sprout Capital Partners and 71 Others
- Latest Funding Round: Post IPO, Feb 05, 2024, $*****
- Highlight: Public
3. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $7.18B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,494 as on Apr 30, 2026
- Investors: TrueBridge, Galtymore Partners and 144 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
4. Stripe
Provider of financial infrastructure solutions for revenue growth and payment processing. It offers tools designed for individual or combined use to grow businesses. These tools enable payment acceptance and optimisation globally, both online and in person. The company facilitates various billing models and provides access to borderless money movement. It also offers resources for startups and platforms to build and scale their operations.
Key facts about Stripe
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series I
- Total Funding till date: $9.81B
- Employee Count: 15,142 as on Apr 30, 2026
- Investors: TrueBridge, Glynn Capital and 123 Others
- Latest Funding Round: Series I, Apr 08, 2024, $*****
- Highlight: Editors' Pick
5. Google
Provider of online platform offering diverse services, including search, email, productivity tools, and storage solutions, to individuals and organizations. It is a multifaceted technology company that offers a wide range of services including search, email, cloud storage, and productivity software, providing a comprehensive platform for personal and professional use.
Key facts about Google
- Founded Year: 1998
- Location: Mountain View (United States)
- Annual Revenue: $350B as on Dec 31, 2024
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $35M
- Employee Count: 337,774 as on Mar 31, 2026
- Investors: Black Capital Investments, Greyrock Investments and 31 Others
- Latest Funding Round: Post IPO, Jun 18, 2010, $*****
DFJ Growth's Year-on-Year Investment Trends
DFJ Growth has invested in 96 companies over the last 20 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 8 investments, while as of Mar 2026, it has made 3 investments in this year. Its most recent first time investment was in Saronic and most recent follow-on round was in Cellares.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 8 | 0 | 8 |
2024 | 1 | 0 | 1 |
2023 | 2 | 1 | 3 |
2022 | 6 | 4 | 10 |
2021 | 8 | 9 | 17 |
2020 | 4 | 5 | 9 |
2019 | 5 | 4 | 9 |
2018 | 4 | 5 | 9 |
2017 | 6 | 2 | 8 |
DFJ Growth's Investments by Stage
DFJ Growth is primarily an Late Stage Investor investor majorly investing in Series C (22) rounds where average round size is $2.16B, Series B (20) rounds where average round size is $3.18B and Series D (14) rounds where average round size is $3.42B.Stage of entry | No. of Investments |
|---|---|
Series C | 22 |
Series B | 20 |
Series D | 14 |
Series E | 13 |
Series A | 6 |
Others | 5 |
Note: We have considered here, only first round of investments
DFJ Growth's Investments by Sector
DFJ Growth has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Consumer and FinTech. Notably, it has invested in 88 Tech companies, 80 Enterprise (B2B) companies, 65 Software companies and at least 35 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 46 |
High Tech | 29 |
Enterprise Infrastructure | 19 |
Consumer | 10 |
FinTech | 9 |
Others | 74 |
Note: We have considered here, only first round of investments
DFJ Growth's Investments by Geography
DFJ Growth has made most investments in United States (78), followed by Israel where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 78 |
Israel | 2 |
Chile | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
DFJ Growth's recent investments
DFJ Growth has made 3 investments in 2026 so far. Saronic and Cellares are the latest among them.Here are the most recent investments by DFJ Growth:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 27, 2026 | United States | Series D | 7197 | [+8] | |
Jan 28, 2026 | United States | Series D | 3766 | [+11] | |
Jan 16, 2026 | United States | Series B | 2686 | ||
Dec 17, 2025 | United States | Series B | 6738 | [+7] | |
Dec 04, 2025 | United States | Series B | 8132 |
Unicorns in DFJ Growth's Portfolio
DFJ Growth has 24 unicorns in its portfolio - Goodfire, Positron, Metropolis and others. The most recent unicorn in their portfolio is Goodfire. It became a unicorn in 2026.Here is a list of unicorns in DFJ Growth's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Interpretability tooling for generative AI models | 2024 | San Francisco | Series B | piabjrp | ||
63 | Developer of purpose-built hardware to accelerate multimodal AI | 2023 | Reno | Series B | ycibyle | ||
61 | AI company developing computer vision–powered systems to make parking spaces frictionless | 2017 | Santa Monica | Series D | sss{mla | ||
67 | Developing next-generation AI development platform | 2017 | Mountain View | Series C | kub{fnw | ||
67 | Developer of autonomous surface vessels for naval and maritime forces | 2022 | Austin | Series D | gfrlybd |
IPOs and Publicly Listed companies in DFJ Growth's Portfolio
6 of DFJ Growth's portfolio companies have become public. Planet got listed on the New York Stock Exchange (NYSE), in Apr 2021 and Coinbase got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $28.7B.Here are DFJ Growth's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2021 | - | - | 7633 | |
Apr 14, 2021 | Jan 20, 2015 | Series C | 5322 | |
Sep 18, 2020 | Jul 13, 2016 | Series C | 4957 | |
Jan 23, 2015 | Oct 11, 2011 | Series D | 7451 | |
Jun 27, 2013 | Apr 28, 2010 | Series D | 9419 |
Acquired companies in DFJ Growth's Portfolio
30 companies from DFJ Growth's portfolio have been acquired. The most recent acquisition was xAI in Feb 2026 by SpaceX for $*****.Here are DFJ Growth's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 02, 2026 | - | - | 7535 | |
Dec 23, 2025 | - | - | 6725 | |
Sep 24, 2025 | - | - | 8962 | |
May 28, 2025 | Aug 05, 2013 | Series D | 9768 | |
Mar 29, 2025 | May 05, 2014 | Post IPO | 3856 |
Team profile of DFJ Growth
DFJ Growth has a team of 25 members including 10 Partners, 1 Venture Partner and 3 Principals located in United States and Mexico. DFJ Growth's team sits on the board of 2 companies.Here is a list of top team members in DFJ Growth:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | |||
Partner | San Francisco | - | ||
Partner | - | - | ||
Partner | San Francisco | - | ||
Partner | United States | - | ||
Partner | Mexico | - | ||
Partner | San Francisco | - |
Co-investors of DFJ Growth
Over the past 20 years, 903 investors have co-invested in DFJ Growth's portfolio companies. This includes funds and angels.
- Invested before DFJ Growth: General Catalyst, Sequoia Capital and 425 others have invested in rounds before DFJ Growth. There are 8 companies where General Catalyst has invested before DFJ Growth and 7 companies where Sequoia Capital has invested before DFJ Growth.
- Top Co-investors of DFJ Growth: 205 investors entered a company along with DFJ Growth. These include investors like Bessemer Venture Partners (6 companies).
- Invested after DFJ Growth: A total of 271 investors have invested in DFJ Growth's portfolio after their investments. Top Investors include DFJ (5 companies), Tiger Global Management (5 companies) and Silver Lake (4 companies).
Recent News related to DFJ Growth
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Saronic Closes $1.75B Series D FundingMarinelink•Mar 31, 2026•Saronic, Kleiner Perkins, Caffeinated, Franklin Templeton Investments and 9 others
•
XBOW Secures $120M in Series C Funding to Scale AI-Powered HackerBusinessFortNight•Mar 18, 2026•XBOW, DFJ Growth, Northzone
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Goodfire Secures $150M to Advance AI Interpretability PlatformSiliconAngle•Feb 06, 2026•Goodfire, B Capital, Salesforce, Cimulate and 10 others
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Positron AI Nets $230 Million Series BMassinvestor•Feb 05, 2026•1517, Resilience Reserve, Positron, AWM and 15 others
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Cellares Raises $257M to Fund Global Expansion, Eyes 2027 IPOEndpoints•Jan 28, 2026•Cellares, Eclipse, BlackRock, Eclipse and 8 others
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Atavistik Bio Raises $120M in Series B FinancingFinSMEs•Dec 21, 2025•Nextech Invest, Lux Capital, Atavistik, Regeneron Ventures and 7 others
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Paradigm Health Raises $78M Series BMassinvestor•Dec 04, 2025•Paradigm Health, Arch Venture Partners, BrightEdge, Mubadala Capital and 5 others
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Modular raises $250M to simplify AI deployment across hardwareSiliconAngle•Sep 25, 2025•Usitfund, Modular, DFJ Growth, Google Ventures and 2 others
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Positron AI Raises $51.6M in Series A to Advance Inference-Optimized Hardwareintelligence360•Aug 05, 2025•Positron, DFJ Growth, Atreides Management, Valor Equity Partners
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Positron AI Gets $51.6M in Series A to Boost Inference-Optimized HardwareYahoo•Jul 28, 2025•Positron, Valor Equity Partners, Atreides Management, DFJ Growth and 2 others
