Venture capital firm
DFJ Growth portfolio
dfjgrowth.comDFJ Growth is a venture capital firm based in San Mateo, United States, founded in 2005. It has invested in 51 venture-backed companies across 77 funding rounds on VCMC, and led 22 of those rounds. 6 of them were in the last 12 months.
51
Venture-backed companies
in its portfolio on VCMC
77
Funding rounds
led 22
6
Last 12 months
rounds, Oct 2025 to Sep 2026
35
With a disclosed valuation
of 51 companies
$217.0B
Combined value of its private companies
the whole companies, not what DFJ Growth owns
48 private companies DFJ Growth has backed have a VCMC valuation; together they are worth $217.0B. That is the value of the whole companies, not what DFJ Growth owns. Anduril is 32% of the total. 3 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
DFJ Growth's most valuable portfolio companies
The 10 most valuable private companies DFJ Growth has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Anduril Aerospace and Defence, Costa Mesa $68.6B range $53.0B – $91.2B Joined at Series E, 2022
- 2 Cohesity Tech Companies, Santa Clara $28.4B range $9.6B – $40.4B Led at Series E, 2020
- 3 The Boring Company Construction Services, Las Vegas $23.8B range $20.0B – $35.0B Joined at Series C, 2022
- 4 Neuralink Medical Supply Manufacturers, Fremont $13.1B range $8.1B – $15.1B Led at Series C, 2021
- 5 RingCentral Tech Companies, Belmont $11.8B range $1.2B – $21.0B Joined at Series B, 2020
- 6 Saronic Technologies Aerospace and Defence, Austin $11.1B range $8.0B – $14.7B Joined at Series D, 2026
- 7 Tech Companies $9.9B range $805M – $18.5B Joined at Series B, 2021
- 8 Positron Device Manufacturing, Reno $5.2B range $4.3B – $7.5B Led at Series A, 2025
- 9 Impulse Space Aerospace and Defence, Redondo Beach $4.9B range $3.7B – $6.9B Joined at Series C, 2025
- 10 Tech Companies, Seattle $4.5B range $723M – $6.5B Joined at Series G, 2021
Portfolio
Full DFJ Growth portfolio (51 companies)
51 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Anduril Aerospace and Defence · since Series E, 2022 | Series H May 2026 $5.00B | $68.6B | $53.0B – $91.2B | $79.3B (+16%) | $8.7B | 0% | 9,860 | growing | A | |
| 2 | The Boring Company Construction Services · since Series C, 2022 | Series D Sep 2026 $3.00B | $23.8B | $20.0B – $35.0B | $30.4B (+28%) | $3.3B | 0% | 800 | up | A | |
| 3 | Cohesity Tech Companies · led at Series E, 2020 | Series H Dec 2024 $2.00B | $28.4B | $9.6B – $40.4B | $28.3B (0%) | $3.1B | 1% | 7,802 | flat | C | |
| 4 | Saronic Technologies Aerospace and Defence · since Series D, 2026 | Series D Mar 2026 $1.75B | $11.1B | $8.0B – $14.7B | $12.8B (+15%) | $1.4B | 0% | 1,363 | growing | B | |
| 5 | Neuralink Medical Supply Manufacturers · led at Series C, 2021 | Series E Jun 2025 $650M | $13.1B | $8.1B – $15.1B | $13.1B (0%) | $1.4B | 0% | 672 | up | B | |
| 6 | DataRobot Tech Companies · since Series D, 2018 | Series G Jul 2021 $300M | $2.6B | $460M – $8.0B | $2.3B (-11%) | $855M | 48% | 868 | flat | D | |
| 7 | Positron Device Manufacturing · led at Series A, 2025 | Series C Sep 2026 $875M | $5.2B | $4.3B – $7.5B | $6.5B (+26%) | $715M | 0% | 100 | growing | A | |
| 8 | Impulse Space Aerospace and Defence · since Series C, 2025 | Series D Jun 2026 $500M | $4.9B | $3.7B – $6.9B | $6.0B (+23%) | $664M | 0% | 554 | growing | B | |
| 9 | RingCentral Tech Companies · since Series B, 2020 | Series D Aug 2021 $450M | $11.8B | $1.2B – $21.0B | $11.2B (-5%) | $2.0B | 24% | 310 | unknown | D | |
| 10 | Katerra Building Material Manufacturers · since Series C, 2017 | Series D Jan 2018 $865M | $30.0M | $0 – $30.0M | $30.0M (0%) | – | 100% | 1,400 | unknown | dead | |
| 11 | Sysdig Tech Companies · since Series F, 2021 | Series G Dec 2021 $350M | $717M | $215M – $3.7B | $708M (-1%) | $362M | 82% | 558 | down | D | |
| 12 | Collective Health Insurance - Agents, Carriers & Brokers · since Series E, 2019 | Series F May 2021 $280M | $1.8B | $277M – $2.2B | $1.7B (-5%) | $244M | 0% | 791 | up | D | |
| 13 | Dutchie Tech Companies · since Series C, 2021 | Series D Oct 2021 $350M | $1.5B | $231M – $4.9B | $1.4B (-11%) | $518M | 40% | 468 | flat | D | |
| 14 | Cellares Pharmaceutical Products · since Series C, 2023 | Series D Jan 2026 $257M | $4.0B | $2.3B – $6.1B | $4.3B (+8%) | $470M | 0% | 327 | up | B | |
| 15 | Mapbox Tech Companies · led at Series B, 2015 | Series E Sep 2023 $280M | $1.8B | $598M – $2.1B | $1.7B (-4%) | $205M | 0% | 983 | up | C | |
| 16 | Patreon Tech Companies · since Series D, 2019 | Series F Aug 2021 $155M | $4.3B | $644M – $6.5B | $4.0B (-5%) | $710M | 0% | 1,228 | up | D | |
| 17 | Tech Companies · since Series B, 2021 | Series C Feb 2022 $200M | $9.9B | $805M – $18.5B | $9.3B (-6%) | $2.0B | 0% | 357 | flat | D | |
| 18 | Tech Companies · led at Series C, 2014 | Growth Equity Jan 2020 $100M | $361M | $86.9M – $1.3B | $361M (0%) | $99.0M | 97% | 518 | down | D | |
| 19 | Tech Companies · since Series D, 2021 | Series D Jul 2021 $235M | $1.3B | $192M – $2.9B | $1.2B (-9%) | $317M | 36% | 762 | down | D | |
| 20 | Tech Companies · since Series E, 2014 | Growth Equity Jun 2022 $115M | $194M | $126M – $553M | $155M (-20%) | $136M | 97% | 328 | shrinking | C | |
| 21 | Tech Companies · since Series D, 2016 | Series F Oct 2018 $33M | $231M | $33.9M – $519M | $231M (0%) | $55.8M | 46% | 523 | flat | D | |
| 22 | Tech Companies · since Series C, 2019 | Series D Feb 2021 $55M | $502M | $44.5M – $645M | $496M (-1%) | $79.0M | 2% | 330 | flat | D | |
| 23 | Tech Companies · led at Series B, 2022 | Series B May 2022 $40M | $130M | $21.7M – $381M | $121M (-7%) | $37.6M | 46% | 76 | up | D | |
| 24 | Tech Companies · since Seed, 2017 | Growth Equity Apr 2018 $36M | $179M | $10.5M – $254M | $179M (0%) | $12.6M | 0% | 315 | up | D | |
| 25 | Software Development Services · since Series F, 2024 | Acquisition Jun 2025 $14.30B | $17.9B acquired 2025 | $11.9B – $20.6B | – | – | 0% | 3,100 | up | A | |
| 26 | Loans & Financing · since Series D, 2014 | Debt Dec 2022 $250M | $2.2B | $228M – $4.2B | $2.2B (0%) | $431M | 5% | 996 | up | D | |
| 27 | Tech Companies · since Series C, 2025 | Acquisition Jun 2026 $3.92B | $2.0B acquired 2026 | $1.4B – $2.5B | – | – | 0% | 373 | growing | A | |
| 28 | Telecommunications · since Series C, 2019 | Series D Feb 2022 $200M | $903M | $66.4M – $1.8B | $903M (0%) | $172M | 0% | 120 | unknown | D | |
| 29 | Medical Laboratories · led at Series B, 2018 | Series C Jun 2021 $50M | $618M | $70.9M – $1.0B | $585M (-5%) | $87.6M | 0% | 621 | up | D | |
| 30 | Food Production · since Series D, 2021 | Series D Jul 2021 $235M | $1.1B | $129M – $2.8B | $1.0B (-6%) | $321M | 21% | 816 | flat | D | |
| 31 | Medical Supply Manufacturers · led at Series B, 2022 | Series B Jul 2022 $225M | $407M | $146M – $2.1B | $324M (-20%) | $259M | 91% | 152 | down | D | |
| 32 | Tech Companies · since Series C, 2021 | Series D Feb 2022 $140M | $1.1B | $118M – $2.0B | $1.0B (-7%) | $215M | 15% | 209 | flat | D | |
| 33 | Tech Companies · led at Series B, 2018 | Series E Jun 2022 $100M | $394M | $101M – $1.4B | $341M (-13%) | $138M | 63% | 190 | down | D | |
| 34 | Industrial Machinery & Supplies · led at Series A, 2013 | Series E May 2021 $150M | $1.3B | $163M – $2.8B | $1.2B (-9%) | $306M | 27% | 774 | flat | D | |
| 35 | Laboratory Equipment & Supplies · since Series B, 2024 | Series C Jun 2026 $76M | $757M | $454M – $1.4B | $897M (+19%) | $98.7M | 0% | 130 | growing | B | |
| 36 | Tech Companies · since Series G, 2021 | Series G Jun 2021 $200M | $4.5B | $723M – $6.5B | $4.3B (-6%) | $717M | 5% | 1,524 | up | D | |
| 37 | Tech Companies · led at Series C, 2026 | Series C Mar 2026 $120M | $1.2B | $869M – $1.5B | $1.3B (+11%) | $143M | 0% | – | flat | A | |
| 38 | Payment Processing & Point of Sale · led at Series B, 2024 | Series B Jul 2024 $75M | $838M | $283M – $1.3B | $734M (-12%) | $97.4M | 7% | 342 | up | C | |
| 39 | Tech Companies · led at Series B, 2025 | Series B Apr 2025 $93M | $1.1B | $489M – $1.5B | $1.1B (0%) | $119M | 0% | 213 | up | B | |
| 40 | Tech Companies · led at Series B, 2018 | Series C Jun 2019 $81M | $125M | $47.1M – $326M | $125M (0%) | $95.6M | 97% | 81 | shrinking | C | |
| 41 | Alarms, Surveillance & Security Systems · led at Series D, 2017 | Series D Jan 2017 $109M | $381M | $53.2M – $2.2B | $381M (0%) | $108M | 97% | 1,325 | down | D | |
| 42 | Biotechnology · led at Series C, 2026 | Series C Sep 2026 $75M | $688M | $448M – $1.2B | $751M (+9%) | $97.5M | 59% | 96 | flat | B | |
| 43 | Medical Devices · led at Series D, 2020 | Other Jan 2024 $20M | $91.0M | $47.7M – $236M | $69.8M (-23%) | $44.0M | 97% | 114 | shrinking | C | |
| 44 | Tech Companies · led at Series C, 2019 | Series C Jun 2019 $80M | $388M | $42.0M – $795M | $388M (0%) | $85.7M | 25% | 441 | flat | D | |
| 45 | Loans & Financing · led at Growth, 2015 | Growth Equity Oct 2015 $90M | $1.1B | $65.7M – $1.7B | $1.1B (0%) | $99.0M | 0% | – | unknown | D | |
| 46 | Tech Companies · since Series B, 2023 | Series B Jan 2023 $75M | $177M | $67.8M – $1.0B | $106M (-40%) | $89.4M | 97% | 192 | down | D | |
| 47 | Aerospace and Defence · led at Series A, 2021 | Series C Feb 2025 $65M | $732M | $430M – $842M | $732M (0%) | $80.5M | 0% | 137 | up | B | |
| 48 | Industrial Machinery & Supplies · led at Series E, 2023 | Series E May 2023 $20M | $59.7M | $29.0M – $191M | $41.4M (-31%) | $27.9M | 97% | 58 | shrinking | C | |
| 49 | Tech Companies · led at Series E, 2015 | Acquisition Sep 2020 $220M | $655M acquired 2020 | $35.5M – $930M | – | – | 0% | – | unknown | D | |
| 50 | Tech Companies · since Series B, 2022 | Series B Feb 2022 $50M | $75.7M | $22.4M – $456M | $73.1M (-3%) | $47.9M | 97% | 85 | down | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How DFJ Growth invests: stages, industries and countries
Most of its rounds are Series C and later (74%). Its companies span 20 industries, most in Tech Companies, Aerospace and Defence and Industrial Machinery & Supplies, all in United States.
Rounds by stage
- Seed 1
- Series A 4
- Series B 15
- Series C and later 57
Investments by industry
- Tech Companies 26
- Aerospace and Defence 4
- Industrial Machinery & Supplies 2
- Loans & Financing 2
- Medical Supply Manufacturers 2
- Alarms, Surveillance & Security Systems 1
- Biotechnology 1
- Building Material Manufacturers 1
Investments by country
- United States 51
Recent rounds
DFJ Growth's latest investments
DFJ Growth's most recent funding rounds, newest first. 6 rounds in the last 12 months.
- Series C, led $75M 24 Sep 2026
- Positron Series C $875M 10 Sep 2026
- Saronic Technologies Series D $1.75B 31 Mar 2026
- Series C, led $120M 18 Mar 2026
- Positron Series B $230M 4 Feb 2026
- Cellares Series D $257M 28 Jan 2026
- Series C $250M 24 Sep 2025
- Positron Series A, led $52M 28 Jul 2025
- Impulse Space Series C $300M 3 Jun 2025
- Neuralink Series E, led $650M 2 Jun 2025
Co-investors
DFJ Growth's top co-investors
The investors that most often join the same rounds as DFJ Growth. Founders Fund leads, with 10 rounds together.
- Founders Fund 10 rounds together
- Thrive Capital 10 rounds together
- Valor 9 rounds together
- Andreessen Horowitz 9 rounds together
- Sequoia Capital 8 rounds together
- Tiger Global 8 rounds together
- General Catalyst 8 rounds together
- Premji Invest 6 rounds together
- Salesforce Ventures 6 rounds together
- SoftBank Vision Fund 6 rounds together
About
About DFJ Growth
DFJ Growth is a United States venture capital company that invests in emerging technology companies, focusing on supporting the growth and development of startups. The company provides capital and operational support to founders and their teams, with an emphasis on scaling and company-building. DFJ Growth operates in Silicon Valley and is part of the DFJ family, which has a history in the venture capital industry.
Description from Veridion's company data.
- Founded
- 2005
- Based in
- San Mateo, United States
- Team
- 42 people, +2% in a year
- Type
- Venture capital firm
Focus markets
- Technology
What DFJ Growth offers
- Venture Capital Investment Services
- Early-Stage Technology Company Investment
- Growth Stage Company Scaling
- Startup Founders Partnership Services
- Company Building Support Services
- Innovation Fostering Services
- Capital Raising and Fund Management
Questions
DFJ Growth: frequently asked questions
How many companies has DFJ Growth invested in?
51 venture-backed companies on VCMC, across 77 funding rounds.
What are DFJ Growth's most valuable private companies?
Anduril ($68.6B), Cohesity ($28.4B), The Boring Company ($23.8B), by VCMC's valuation.
What was DFJ Growth's latest investment?
BigHat Biosciences, a Series C round in Sep 2026 of $75M, which DFJ Growth led.
Which stages does DFJ Growth invest in?
DFJ Growth invests most often at Series C and later (57 rounds), followed by Series B (15) and Series A (4). It has also joined 1 seed round.
What is DFJ Growth's portfolio worth?
Its private companies with a VCMC valuation are worth $217.0B together. That is the sum of the companies' values, not what DFJ Growth owns.
Who does DFJ Growth invest alongside?
Founders Fund (10 rounds), Thrive Capital (10 rounds), Valor (9 rounds).