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DBL Partners is a venture capital firm that employs a "Double Bottom Line" investment strategy, focusing on generating top-tier financial returns alongside positive social, environmental, and economic impact. They believe these two objectives are inherently connected and mutually reinforcing, investing in high-growth companies across sectors such as clean energy, information technology, sustainable products and services, and healthcare.
Average disclosed round size is $62.9M (across 16 rounds with reported amounts).
Portfolio
18
Fund Size
$2.3B
Top Stage
Series B
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Agtonomy | Series B | $18M | Oct 2025 |
| CChestnut Carbon | Series D | $160M | Feb 2025 |
 Airspace | Growth | $70M | May 2022 |
| MMenlo Microsystems | Series C | $150M | Mar 2022 |
 DroneSeed | Series A | $36M | Sep 2021 |
| WWheels | Series C | $50M | Oct 2019 |
 Bellwether Coffee | Series B | $40M | Sep 2019 |
 Andela | Series C | $40M | Oct 2017 |
 Mapbox | Series C | $164M | Oct 2017 |
 The Muse | Series B | $16M | Jun 2016 |
 Juicero | Series B | $70M | Mar 2016 |
| Mapbox | Series B | $52.5M | Jun 2015 |
 Farmers Business Network | Series A | $15M | May 2015 |
| The Muse | Series A | $10M | May 2015 |
 Trove | Series B | $45M | — |
| DroneSeed | Unknown | — | — |
| RR-Zero | Unknown | — | — |
| Airspace | Series C | $70M | — |
Top Co-Investors
GV (Google Ventures)3 shared
Thrive Capital3 shared
Kleiner Perkins Caufield & Byers2 shared
Foundry Group2 shared
DFJ Growth2 shared
Telstra Ventures2 shared
HarbourVest Partners2 shared
Scale Venture Partners2 shared
Defy2 shared
Qualcomm Ventures2 shared
Prologis2 shared
Prelude Ventures1 shared
Techstars1 shared
CRE Venture Capital1 shared
Amplo1 shared
Salesforce1 shared
TLcom Capital1 shared
Chan Zuckerberg Initiative1 shared
Spark Capital1 shared
Last updated: 13 March 2026