CapitalG is Alphabet's independent growth fund, focusing on investing capital and expertise in growth-stage technology companies across consumer and enterprise sectors that have achieved product-market fit and are ready to scale. Their strategy involves providing substantial funding and hands-on operational support, leveraging Google's resources to accelerate the growth of their concentrated portfolio companies.
Deal activity increased 100% year-over-year (4 deals in the last 12 months). Average disclosed round size is $260.5M (across 11 rounds with reported amounts).
Portfolio
11
Fund Size
$7B
Top Stage
Growth
Last 12 Mo
4
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| AAxiomatic AI | Seed | $18M | Mar 2026 |
 Kalshi | Series E | $1B | Dec 2025 |
| MMixx Technologies Inc | Series A | $33M | Dec 2025 |
 Physical Intelligence | Growth | $600M | Nov 2025 |
 Pennylane | Growth | $75M | Apr 2025 |
 Magic | Growth | $320M | Aug 2024 |
 AlphaSense | Series E | $150M | Sep 2023 |
 Solv | Series C | $45M | May 2022 |
 Unqork | Series C | $207M | Oct 2020 |
 Robinhood | Series D | $363M | May 2018 |
 Practo | Series D | $55M | Jan 2017 |
Top Co-Investors
Sequoia Capital5 shared
DST Global2 shared
Thrive Capital2 shared
Kleiner Perkins2 shared
Goldman Sachs2 shared
Meritech Capital1 shared
Paradigm1 shared
Andreessen Horowitz1 shared
Tencent Investment1 shared
Matrix Partners1 shared
Altimeter Capital1 shared
Ru-net1 shared
Sofina1 shared
Lux Capital1 shared
Emergence Capital1 shared
Index Ventures1 shared
T. Rowe Price1 shared
Iconiq Capital1 shared
BlackRock1 shared
Hewlett Packard Enterprise1 shared
Last updated: 16 April 2026