DRAPERDRAGON MANAGEMENT, LLC
DRAPERDRAGON MANAGEMENT, LLC is a Pre-seed, Seed and Series A fund in the US and Asia writing $10M–$50M checks into AI, Climate, Consumer, Fintech, Healthcare, web3, gaming, logistics, blockchain and digital-assets.
- Stages
- Pre-seed, Seed, Series A
- Sectors
- AI, Climate, Consumer, Fintech, Healthcare, web3, gaming, logistics, blockchain, digital-assets
- Check size
- $10M–$50M
- Invests in
- US-wide, Asia
- Actively investing
- Yes
- Founded
- 2006
- Assets under management
- $80 million
Thesis
Draper Dragon Management, LLC, founded in 2006, is a cross-border venture capital firm with a global presence, including offices in San Mateo, Shanghai, Toronto, Hong Kong, Singapore, and Bangalore. As a member of the Draper Venture Network, they focus on early-stage investments (pre-seed, seed, Series A) in companies with innovative technologies and business models. Their sector focus is broad, encompassing Web3, AI, fintech, healthcare, biotech, consumer, gaming, energy, climate, and logistics, with a particular emphasis on blockchain, digital assets, PayFi, ZK solutions, and GameFi. They seek to back disruptive founders and aim to foster industry-changing enterprises, leveraging their expertise to add value. While specific AUM is not consistently public, they have managed multiple USD and RMB funds. The firm actively seeks companies with market appeal in both Silicon Valley and China. The typical investment round size is reported to be around $28 million, with checks commonly ranging from $10 million to $50 million.
Common questions
Does DRAPERDRAGON MANAGEMENT, LLC invest at the Pre-seed stage?
Yes. DRAPERDRAGON MANAGEMENT, LLC lists Pre-seed, Seed and Series A among the stages it invests in.
What check size does DRAPERDRAGON MANAGEMENT, LLC write?
DRAPERDRAGON MANAGEMENT, LLC writes $10M–$50M checks.
Where does DRAPERDRAGON MANAGEMENT, LLC invest?
DRAPERDRAGON MANAGEMENT, LLC invests in the US and Asia.