D
DCM
Venture Capital · Founded 1996 · Menlo Park, United States
DCM’s biggest current holdings.
The most valuable companies DCM still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Where a cap table names DCM directly, the stake and its estimated value are shown too.
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1
xAI
—
$250B
—
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2
Beijing EasyShare Technology
9%
$3.0B
$270M
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3
Amber Group
—
$2.9B
—
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4
Moove
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$2.1B
—
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5
DXY
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$2.0B
—
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6
EvenUp
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$2.0B
—
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7
Akulaku
5%
$1.8B
$88M
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8
Yongche
—
$1.7B
—
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9
Maimai
—
$1.0B
—
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10
PicsArt
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$1.0B
—
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11
YunQuNa
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$1.0B
—
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12
Assured Insurance Technologies
—
$1.0B
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Estimated value = DCM’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. DCM also appears inside investor groups in Amber Group, EvenUp, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →
DCM’s biggest exits.
Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from DCM’s transaction record.


Where DCM’s portfolio is concentrated.
Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 310 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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USA213
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China131
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Japan35
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South Korea6
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Singapore4
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Canada3
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Indonesia3
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Australia2
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Cuba2
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Hong Kong2
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Israel2
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Taiwan2
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Enterprise Software64
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Fintech53
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Media49
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Marketing29
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Transportation28
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Telecom27
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Health26
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Food18
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Education17
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Gaming17
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Semiconductors14
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Real Estate13
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Series A134
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Series B+97
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Seed76
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Breakout Stage169
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Early Growth122
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Late Growth116
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Mature7
Inside DCM’s portfolio.
The 60 highest-funded portfolio companies, of 310 tracked.
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Ku
So
UN
SM
Li
Cl
Ux
Pl
Ak
Yo
Ca
Po
DX
Ke
Am
Tu
Ab
EN
Ya
Mo
Yo
Ma
Fi
Ev
BI
AI
Ph
Te
UC
Fo
Ma
Wo
Se
Ha
Ne
Hi
Za
CA
Re
Br
Un
Be
Cy
Fr
EK
Sh
Gr
Fo
Mo
VI
Tu
Ja
Pi
Sh
Co
Yu
Ea
UJ
SkWhere DCM’s portfolio founders come from.
145 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.
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United States59
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China43
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Japan15
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Singapore6
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Hong Kong3
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Bangladesh2
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Canada2
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Mexico2
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Netherlands2
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United Arab Emirates2
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Stanford University8
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Tsinghua University8
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Wharton School of the University of Pennsylvania5
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Carnegie Mellon University4
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Harvard University4
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Stanford University Graduate School of Business4
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University of California, Berkeley4
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Keio University3
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London School of Economics and Political Science3
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UC Berkeley, Haas Business School3
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Alphabet | Google9
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McKinsey & Company5
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Microsoft4
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Bain & Company3
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Goldman Sachs3
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Google DeepMind3
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Lycos Europe3
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Stanford University3
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Accenture2
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Baidu2
Similar investors.
Peers the API surfaces as most similar by portfolio shape, with Dealroom investor rank and portfolio scale.










