DCM
DCM is a Seed, Series A and Series B fund in the US, China, Japan, South Korea, Southeast Asia, Latin America, Middle East and Europe writing $5M–$25M checks into AI, Enterprise, Fintech, Healthcare, Security, consumer-internet, mobile-platforms, e-commerce and ai-native-applications.
- Stages
- Seed, Series A, Series B
- Sectors
- AI, Enterprise, Fintech, Healthcare, Security, consumer-internet, mobile-platforms, e-commerce, ai-native-applications
- Check size
- $5M–$25M
- Invests in
- US-wide, China, Japan, South Korea, Southeast Asia, Latin America, Middle East, Europe
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1996
- Assets under management
- $4.5B
- Website
- dcm.com
Thesis
DCM Ventures, founded in 1996 and formerly known as Doll Capital Management, is a global venture capital firm headquartered in Menlo Park, California. With approximately $4.5 billion in assets under management, DCM specializes in early-stage investments, focusing on Seed, Series A, and Series B rounds across technology sectors including consumer internet, mobile platforms, e-commerce, enterprise software, fintech, AI-native applications, healthcare, and cybersecurity. The firm employs a 'depth over breadth' strategy, leading rounds and offering substantial operational guidance and network resources to a curated portfolio of companies. DCM has a significant global presence, with investments in the United States, China, Japan, South Korea, and selective opportunities in Southeast Asia, Latin America, the Middle East, and Europe. They were among the first US VC firms to invest in emerging Asian tech markets.
Common questions
Does DCM invest at the Seed stage?
Yes. DCM lists Seed, Series A and Series B among the stages it invests in.
What check size does DCM write?
DCM writes $5M–$25M checks.
Where does DCM invest?
DCM invests in the US, China, Japan, South Korea, Southeast Asia, Latin America, Middle East and Europe.