
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.
Average disclosed round size is $60.9M (across 180 rounds with reported amounts).
Portfolio
132
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
203 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $15M | Jun 2026 | |
| Series A | $5M | Jan 2026 | |
| Unknown | $360M | Jan 2026 | |
| Series A | $10M | Nov 2025 | |
| Series D | $24M | Apr 2025 | |
| Series A | $14M | Feb 2025 | |
| LLingopal | Series A | $14M | Jan 2025 |
| Seed | — | Oct 2024 | |
| Series C | $50M | Apr 2024 | |
| Seed | $10M | Feb 2024 | |
| Seed | $3.9M | Jan 2024 | |
| Series C | $89M | Jul 2023 | |
| Seed | $9M | Jun 2023 | |
| Series C | $89M | Jan 2023 | |
| Series C | $38M | Jan 2023 | |
| Series A | $15M | Sep 2022 | |
| Series C | $100M | Jun 2022 | |
| Series B | $40M | Apr 2022 | |
| Series D | $50M | Jan 2022 | |
| Series A | — | Jan 2022 | |
| Series D | $50M | Jan 2022 | |
| Seed | $5M | Nov 2021 | |
| Series B | $19.4M | Oct 2021 | |
| Series A | $16M | Oct 2021 | |
| Series B | $78M | Oct 2021 |
Page 1 of 9
Top Co-Investors
Legend Capital11 shared
Sequoia Capital10 shared
Tiger Global Management, LLC10 shared
Lightspeed Venture Partners10 shared
GGV Capital9 shared
Coatue Management LLC9 shared
Y Combinator9 shared
Endeavor8 shared
Bain Capital Ventures6 shared
IDG Capital5 shared
Qualcomm Ventures5 shared
500 Global5 shared
Khosla Ventures5 shared
Shunwei Capital5 shared
Greylock Partners4 shared
Global Brain Corporation4 shared
GV4 shared
Menlo Ventures4 shared
Nyca Partners4 shared
General Catalyst4 shared
Last updated: 27 September 2026