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Investor profile

DFJ Growth

Venture Capital · Founded 1985 · Menlo Park, United States

Invests in early and late growth disruptive tech companies

95 portfolio companies Venture Capital · $20B invested · 150 investments · Investor rank #123 · Last investment 8/2026
Portfolio companies 95 ↑ 25% 5y
Decacorns 9 ↑ 33% 5y
Thoroughbreds 34 ↑ 11% 5y
01 · Biggest holdings

DFJ Growth’s biggest current holdings.

The most valuable companies DFJ Growth 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 DFJ Growth directly, the stake and its estimated value are shown too.

#CompanyEst. stakeValuationEst. value
  1. 1 AndurilDecacorn · Security · USA $61.0B
  2. 2 AlchemyDecacorn · Fintech · USA $10.2B
  3. 3 NeuralinkUnicorn · Health · USA 1% $9.7B $96M
  4. 4 Saronic TechnologiesUnicorn · Robotics · USA $9.2B
  5. 5 The Boring CompanyUnicorn · Real Estate · USA 1% $7.0B $70M
  6. 6 CohesityUnicorn · Security · USA $7.0B
  7. 7 DataRobotUnicorn · Enterprise Software · USA $6.3B
  8. 8 BetterUPUnicorn · Education · USA $4.7B
  9. 9 OutreachUnicorn · Telecom · USA 4.5% $4.4B $198M
  10. 10 Impulse SpaceUnicorn · Space · USA $4.3B
  11. 11 Commonwealth Fusion SystemsUnicorn · Energy · USA $4.0B
  12. 12 PatreonUnicorn · Music · USA $4.0B

Estimated value = DFJ Growth’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. DFJ Growth also appears inside investor groups in Dutchie, MapBox, NotCo, Sysdig, where a standalone stake isn’t disclosed. See the underlying cap tables on Dealroom →

02 · Exits

DFJ Growth’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 DFJ Growth’s transaction record.

$1.7B IPO · 2010
Entered Series B+Now $1.3TEnergy
$86B IPO · 2021
Entered Series B+Now $38BFintech
$25B IPO · 2013
Now $33BMedia
$29B acquisition · 2025
Entered Series B+Enterprise Software
$14B IPO · 2020
Entered Series B+Now $19BGaming
$2.5B IPO · 2019
Entered Series B+Now $14BHealth
$1.4B IPO · 2018
Entered Series B+Now $11BEnterprise Software
$7.8B acquisition · 2025
Security
$1.7B IPO · 2015
Entered Series B+Now $5.2BSecurity
BlackBerry
IPO · 1999
Entered Series B+Now $5.1BTelecom
$4.0B acquisition · 2026
Entered Series B+Enterprise Software
$584M IPO · 2012
Entered Series ANow $2.6BEnergy
03 · Portfolio analysis

Where DFJ Growth’s portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 95 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA94
  2. China3
  3. Israel2
  4. UK2
  5. Canada1
  6. Chile1
  7. India1
By sectorCount
  1. Enterprise Software30
  2. Security16
  3. Fintech12
  4. Health12
  5. Media9
  6. Energy7
  7. Marketing7
  8. Robotics6
  9. Telecom6
  10. Education4
  11. Semiconductors4
  12. Transportation4
By stage enteredCount
  1. Series B+82
  2. Series A12
By growth stageCount
  1. Late Growth73
  2. Breakout Stage20
  3. Early Growth9
  4. Mature2
04 · Portfolio market map

Inside DFJ Growth’s portfolio.

The 60 highest-funded portfolio companies, of 95 tracked.

Anduril
Security · Decacorn
$61B
The Boring Company
Real Estate · Unicorn
$7.0B
Commonwealth Fusion Systems
Energy · Unicorn
$4.0B
Saronic Technologies
Robotics · Unicorn
$9.3B
X.
Media · Decacorn
$33B
Scale
Enterprise Software · Decacorn
$29B
Katerra
Real Estate
Neuralink
Health · Unicorn
$9.7B
Armis
Security · Unicorn
$7.8B
Impulse Space
Space · Unicorn
$4.3B
DataRobot
Enterprise Software · Unicorn
$6.3B
Hopin
Event Tech
$38M
Unity Technologies
Gaming · Decacorn
$19B
Cohesity
Security · Unicorn
$7.0B
BrightSource Energy
Energy
$320M
Avant
Fintech · Unicorn
$2.0B
Sysdig
Security · Unicorn
$1.2B
Collective Health
Health · Unicorn
$1.5B
Cellares
Health · Unicorn
$1.3B
MapBox
Transportation · Unicorn
$1.3B
Dutchie
Fintech · Unicorn
$3.8B
BetterUP
Education · Unicorn
$4.7B
Box
Security · Unicorn
$5.2B
Alchemy
Fintech · Decacorn
$10B
Coinbase
Fintech · Decacorn
$38B
Outreach
Telecom · Unicorn
$4.4B
DataStax
Enterprise Software · Unicorn
$1.6B
Cambridge Aerospace
Security · Unicorn
$3.4B
NotCo
Food · Unicorn
$1.5B
Helix
Health · Unicorn
$1.0B
Foursquare
Marketing
$600M
SolarCity
Energy · Unicorn
$2.6B
Modular AI
Enterprise Software · Unicorn
$4.0B
Patreon
Music · Unicorn
$4.0B
Oosto
Security
$125M
Sumo Logic
Security · Unicorn
$1.2B
Innovium
Semiconductors · Unicorn
$1.1B
Delfi Diagnostics
Health
$900M
BlackBerry
Telecom · Unicorn
$5.1B
Amount
Fintech · Unicorn
$1.1B
Positron
Semiconductors · Unicorn
$1.0B
Anaplan
Enterprise Software · Decacorn
$11B
Cylance
Security · Unicorn
$1.4B
Silver Spring Networks
Energy
$830M
Paradigm
Health · Unicorn
$1.0B
Sisense
Enterprise Software · Unicorn
$1.0B
SimpliVity
Enterprise Software
$650M
XBOW
Security · Unicorn
$1.0B
Salt Security
Security · Unicorn
$1.4B
Immuta
Security · Unicorn
$1.0B
Formlabs
Engineering and Manufacturing Equipment · Unicorn
$2.0B
Yellowbrick Data
Enterprise Software
$405M
Livongo Health
Health · Decacorn
$14B
Tesla
Energy · Gigacorn
$1.3T
ring
Real Estate · Unicorn
$1.0B
ClinChoice ( formally Fountain Medical Development)
Health
$600M
Goodfire
Enterprise Software · Unicorn
$1.3B
Front
Marketing · Unicorn
$1.7B
Endor Labs
Enterprise Software
$372M
Neocis
Health
$360M
05 · Portfolio founders

Where DFJ Growth’s portfolio founders come from.

151 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.

LocationCount
  1. United States121
  2. United Kingdom7
  3. Argentina2
  4. Canada2
  5. Chile2
  6. Israel2
  7. Australia1
  8. Denmark1
  9. France1
  10. Germany1
UniversityCount
  1. Stanford University14
  2. Massachusetts Institute of Technology6
  3. Stanford University Graduate School of Business6
  4. Harvard University5
  5. University of Southern California5
  6. Harvard Business School4
  7. University of Oxford4
  8. University of Pennsylvania4
  9. Cornell University3
  10. New York University3
Previous companyCount
  1. Alphabet | Google10
  2. Microsoft6
  3. Stanford University4
  4. Palantir3
  5. 42Six Solutions2
  6. Adallom2
  7. Amazon2
  8. BEA Systems2
  9. Boxer2
  10. CEINT2