DAG VENTURES
DAG VENTURES is a Series A, Series B and Series C+ fund in the US writing $10M–$67M checks into AI, Climate, Enterprise, Fintech, Healthcare, Security, financial-tech, consumer-internet, mobility and web3.
- Stages
- Series A, Series B, Series C+
- Sectors
- AI, Climate, Enterprise, Fintech, Healthcare, Security, financial-tech, consumer-internet, mobility, web3
- Check size
- $10M–$67M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2004
- Assets under management
- $1.8B
- Website
- dagventures.com
Thesis
DAG Ventures is a venture capital firm founded in 2004, based in Palo Alto, California, with approximately $1.8 billion in AUM. They focus on providing mid-stage and growth financing to technology startups, primarily in the United States. Their investment strategy involves leading funding rounds from Series A through growth equity, with a preference for Series B and C rounds, targeting companies that have demonstrated product-market fit and are poised for scaling. DAG Ventures invests across a diverse range of technology sectors including enterprise software, fintech, cybersecurity, consumer internet, clean technology, AI, healthcare, SaaS, biotech, energy, climate, mobility, and web3. The firm typically deploys checks ranging from $10 million to $30 million, with historical average checks around $20 million and historical maximum checks reaching $67 million. They also participate in later-stage deals, co-investing with prominent early-stage VC firms. DAG Ventures was a spin-off from Duff Ackerman & Goodrich, a private equity firm established in 1991.
Common questions
Does DAG VENTURES invest at the Series A stage?
Yes. DAG VENTURES lists Series A, Series B and Series C+ among the stages it invests in.
What check size does DAG VENTURES write?
DAG VENTURES writes $10M–$67M checks.
Where does DAG VENTURES invest?
DAG VENTURES invests in the US.