DBL PARTNERS
DBL PARTNERS is a Seed, Series B and Series C+ fund in the US writing $100K–$5M checks into Climate, information-technology, healthcare-tech, advanced-materials, logistics, agriculture, space-tech and sustainable-products-and-services.
- Stages
- Seed, Series B, Series C+
- Sectors
- Climate, information-technology, healthcare-tech, advanced-materials, logistics, agriculture, space-tech, sustainable-products-and-services
- Check size
- $100K–$5M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2004
- Assets under management
- $1B+
Thesis
DBL Partners, founded in 2004 and headquartered in San Francisco, CA, is a venture capital firm with over $1 billion in AUM. They pioneered the 'Double Bottom Line' (DBL) investment strategy, aiming for both top-tier financial returns and significant social/environmental impact. The firm focuses on mission-driven founders addressing social and environmental challenges, with investments spanning cleantech, IT, sustainable products, healthcare, advanced materials, logistics, agriculture, and space technology, with a particular emphasis on climate tech and battery innovations. DBL Partners invests across seed to growth equity stages, primarily in North America, with a focus on the Bay Area. They offer capital, strategic guidance, and operational support. Fund IV closed at $600 million in 2021, and Fund III is $404 million. Typical check sizes range from $100,000 to $5 million for seed-stage investments, with a sweet spot around $1.5 million. The firm emphasizes collaboration and co-investing.
Common questions
Does DBL PARTNERS invest at the Seed stage?
Yes. DBL PARTNERS lists Seed, Series B and Series C+ among the stages it invests in.
What check size does DBL PARTNERS write?
DBL PARTNERS writes $100K–$5M checks.
Where does DBL PARTNERS invest?
DBL PARTNERS invests in the US.