DCM Ventures is an American venture capital firm founded in 1996, headquartered in Menlo Park, California. The firm specializes in early-stage investments (seed through Series B) in technology companies across the US, China, and Japan, with sector focus including consumer internet, enterprise software, fintech, semiconductors, and AI-native applications.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Average disclosed round size is $86.6M (across 112 rounds with reported amounts).
Portfolio
93
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
118 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Trovy | Series A | $15M | Jun 2026 |
 OpenArt | Series A | $5M | Jan 2026 |
 FloSports | Series D | $24M | Apr 2025 |
 Lingopal AI | Series A | $14M | Feb 2025 |
| LLingopal | Series A | $14M | Jan 2025 |
 UniUni | Series C | $50M | Apr 2024 |
 FlowGPT | Seed | $10M | Feb 2024 |
 Reforged Labs | Seed | $3.9M | Jan 2024 |
 CADDi Inc | Series C | $89M | Jul 2023 |
 BentoML | Seed | $9M | Jun 2023 |
 CADDi | Series C | $89M | Jan 2023 |
 Brelyon | Series A | $15M | Sep 2022 |
 Fountain | Series C | $100M | Jun 2022 |
 Mendel AI | Series B | $40M | Apr 2022 |
 Metafy | Unknown | $25M | Jan 2022 |
 Activeloop | Seed | $5M | Nov 2021 |
 Brigit | Series B | $19.4M | Oct 2021 |
 Productfy | Series A | $16M | Oct 2021 |
 Teachmint | Series B | $78M | Oct 2021 |
| Teachmint | Series B | $20M | Jul 2021 |
| Teachmint | Series A | $16.5M | May 2021 |
 Supersapiens | Seed | $13.5M | Apr 2021 |
 Influenxio | Series A | $2M | Mar 2021 |
 BlackCart | Series A | $8.8M | Jan 2021 |
 Full Truck Alliance | Unknown | $1.5B | Jan 2021 |
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Top Co-Investors
Lightspeed Venture Partners8 shared
Legend Capital5 shared
500 Global5 shared
Khosla Ventures5 shared
Qualcomm Ventures4 shared
Y Combinator4 shared
Bain Capital Ventures4 shared
Nyca Partners4 shared
Ribbit Capital4 shared
SoftBank Vision Fund4 shared
Sequoia Capital3 shared
GGV Capital3 shared
Coatue Management LLC3 shared
IDG Capital3 shared
Founders Fund3 shared
Menlo Ventures3 shared
Union Square Ventures3 shared
Redpoint Ventures3 shared
Goodwater Capital3 shared
Morningside3 shared
Last updated: 7 September 2026