Venture capital firm
DST Global portfolio
dst-global.comDST Global is a venture capital firm based in Cayman Islands, Cayman Islands, founded in 2009. It has invested in 179 venture-backed companies across 244 funding rounds on VCMC, and led 62 of those rounds. 31 of them were in the last 12 months.
179
Venture-backed companies
in its portfolio on VCMC
244
Funding rounds
led 62
31
Last 12 months
rounds, Oct 2025 to Sep 2026
100
With a disclosed valuation
of 179 companies
$2.26T
Combined value of its private companies
the whole companies, not what DST Global owns
170 private companies DST Global has backed have a VCMC valuation; together they are worth $2.26T. That is the value of the whole companies, not what DST Global owns. Anthropic is 48% of the total. 9 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
DST Global's most valuable portfolio companies
The 10 most valuable private companies DST Global has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Anthropic Tech Companies, San Francisco $1.09T range $838.9B – $1.51T Joined at Series H+, 2026
- 2 Databricks Tech Companies, San Francisco $193.6B range $165.2B – $240.4B Joined at Series H+, 2024
- 3 Stripe Payment Processing & Point of Sale, Paris $173.0B range $138.2B – $207.9B Led at Growth, 2018
- 4 Waymo Car Rental, Mountain View $155.4B range $109.5B – $193.5B Led at Series D, 2026
- 5 Revolut Banks & ATMs, London $78.1B range $61.5B – $91.0B Led at Series C, 2018
- 6 Safe Superintelligence Tech Companies, Palo Alto $50.2B range $35.1B – $77.7B Joined at Series A, 2024
- 7 Flipkart Online Marketplace, Bengaluru $46.9B range $6.5B – $60.4B Led at Growth, 2014
- 8 Checkout.com Payment Processing & Point of Sale, London $32.6B range $4.9B – $59.2B Joined at Series B, 2020
- 9 Mistral AI Software Development Services, Paris $25.2B range $21.2B – $36.6B Joined at Series C, 2025
- 10 Whatnot Tech Companies, San Francisco $21.1B range $17.4B – $29.9B Led at Series D, 2022
Portfolio
Full DST Global portfolio (179 companies)
179 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ola Corporate Ridesharing · since Series F, 2015 | Series J Dec 2021 $139M | $9.3B | $727M – $10.7B | $8.6B (-8%) | $1.4B | 0% | 29,717 | flat | D | |
| 2 | Stripe Payment Processing & Point of Sale · led at Growth, 2018 | Growth Equity Feb 2026 $159.00B | $173.0B | $138.2B – $207.9B | $180.8B (+4%) | $17.7B | 0% | 16,600 | growing | A | |
| 3 | Anthropic Tech Companies · since Series H+, 2026 | Series H May 2026 $65.00B | $1.09T | $838.9B – $1.51T | $1.31T (+20%) | $144.0B | 0% | 6,076 | growing | A | |
| 4 | Revolut Banks & ATMs · led at Series C, 2018 | Growth Equity Sep 2025 $2.00B | $78.1B | $61.5B – $91.0B | $67.8B (-13%) | $8.0B | 35% | 20,310 | flat | A | |
| 5 | Databricks Tech Companies · since Series H+, 2024 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 6 | Waymo Car Rental · led at Series D, 2026 | Debt Oct 2026 $5.00B | $155.4B | $109.5B – $193.5B | $168.2B (+8%) | $18.5B | 0% | 4,831 | growing | A | |
| 7 | Safe Superintelligence Tech Companies · since Series A, 2024 | Growth Equity Jul 2026 $5.00B | $50.2B | $35.1B – $77.7B | $54.7B (+9%) | $4.9B | 0% | 35 | growing | B | |
| 8 | Mistral AI Software Development Services · since Series C, 2025 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 9 | Flipkart Online Marketplace · led at Growth, 2014 | Growth Equity Jul 2021 $3.60B | $46.9B | $6.5B – $60.4B | $46.3B (-1%) | $5.6B | 0% | 96,913 | up | D | |
| 10 | Wayflyer Loans & Financing · led at Series A, 2021 | Debt Sep 2026 $50M | $5.9B | $1.3B – $12.3B | $5.8B (-1%) | $854M | 0% | 443 | up | D | |
| 11 | Guazi Used Car Automobile Dealers & Manufacturers · since Series C, 2018 | Growth Equity Feb 2019 $1.50B | $4.9B | $423M – $10.4B | $4.9B (0%) | $1.0B | 0% | 110 | flat | D | |
| 12 | Flexport Trucking and Logistics · led at Series B, 2016 | Debt Jan 2023 $260M | $6.3B | $698M – $11.0B | $5.9B (-5%) | $1.3B | 20% | 2,949 | flat | D | |
| 13 | Reflection AI Tech Companies · since Growth, 2025 | Growth Equity Oct 2025 $2.00B | $8.8B | $6.8B – $10.1B | $8.8B (0%) | $863M | 0% | 1 | unknown | A | |
| 14 | Baseten Software Development Services · since Series E, 2026 | Series F Jun 2026 $1.50B | $14.7B | $11.3B – $21.5B | $18.7B (+27%) | $2.1B | 0% | 419 | growing | B | |
| 15 | Kavak Hosting & Cloud Infrastructure Providers · since Series C, 2020 | Series F Feb 2026 $300M | $10.4B | $7.6B – $13.0B | $11.3B (+9%) | $1.2B | 0% | 4,100 | unknown | A | |
| 16 | Checkout.com Payment Processing & Point of Sale · since Series B, 2020 | Series D Jan 2022 $1.00B | $32.6B | $4.9B – $59.2B | $30.9B (-5%) | $6.9B | 0% | 2,477 | up | D | |
| 17 | CRED Payment Processing & Point of Sale · led at Series B, 2019 | Series H Jun 2026 $900M | $4.9B | $3.9B – $6.7B | $5.8B (+19%) | $739M | 0% | 2,252 | up | A | |
| 18 | Harvey Tech Companies · since Series E, 2025 | Growth Equity Sep 2026 $550M | $15.7B | $13.5B – $19.6B | $17.1B (+9%) | $1.5B | 0% | 1,847 | growing | A | |
| 19 | ShareChat Tech Companies · since Growth, 2018 | Debt Aug 2024 $16M | $3.6B | $574M – $6.8B | $3.2B (-12%) | $814M | 30% | 1,717 | flat | D | |
| 20 | Whatnot Tech Companies · led at Series D, 2022 | Series G Aug 2026 $545M | $21.1B | $17.4B – $29.9B | $26.0B (+23%) | $2.9B | 0% | 2,162 | growing | A | |
| 21 | Dream Sports Tech Companies · led at Growth, 2021 | Growth Equity Nov 2021 $840M | $8.0B | $695M – $9.2B | $8.0B (0%) | $911M | 0% | 108 | flat | D | |
| 22 | Udaan Groceries · led at Series B, 2018 | Series G Jun 2025 $114M | $2.1B | $1.3B – $2.6B | $2.0B (-7%) | $295M | 24% | 10,651 | flat | B | |
| 23 | BYJU'S Learning, Tutoring & Courses · since Series F, 2020 | Growth Equity May 2023 $250M | $10.0B | $3.6B – $19.8B | $7.8B (-22%) | $2.1B | 57% | 19,062 | flat | C | |
| 24 | Airwallex Payment Processing & Point of Sale · led at Series C, 2019 | Series H Jun 2026 $320M | $12.0B | $9.6B – $16.7B | $14.5B (+20%) | $1.8B | 0% | 2,937 | growing | A | |
| 25 | Alan Insurance - Agents, Carriers & Brokers · since Series B, 2019 | Series G Jun 2026 $550M | $6.9B | $5.5B – $9.6B | $8.3B (+20%) | $997M | 0% | 1,609 | up | A | |
| 26 | Wealthsimple Investment Consultants & Financial Advisors · since Growth, 2021 | Growth Equity Oct 2025 $540M | $8.5B | $6.2B – $9.8B | $8.5B (0%) | $763M | 0% | 2,493 | growing | A | |
| 27 | Faire General Retail & Merchandise · since Series C, 2018 | Series G Nov 2021 $400M | $20.3B | $8.0B – $29.3B | $20.3B (0%) | $2.8B | 4% | 7,705 | growing | C | |
| 28 | Perk Tech Companies · since Series C, 2018 | Debt Sep 2026 $34M | $3.6B | $1.6B – $4.2B | $3.5B (-1%) | $402M | 4% | 49 | flat | B | |
| 29 | Lovable Tech Companies · since Series B, 2025 | Series C Aug 2026 $400M | $14.0B | $11.6B – $19.9B | $17.3B (+23%) | $2.1B | 0% | 1,139 | growing | A | |
| 30 | Quince Clothing Stores · since Series E, 2026 | Series E Mar 2026 $500M | $12.0B | $8.8B – $15.4B | $13.4B (+11%) | $1.5B | 0% | 1,957 | growing | A | |
| 31 | SpotOn Payment Processing & Point of Sale · led at Series C, 2020 | Series F May 2022 $300M | $3.8B | $411M – $5.0B | $3.5B (-8%) | $537M | 8% | 2,675 | flat | D | |
| 32 | Rappi Groceries Delivery · led at Growth, 2018 | Series F Jul 2021 $500M | $6.8B | $456M – $7.9B | $6.8B (0%) | $916M | 0% | – | unknown | D | |
| 33 | Weee! Groceries · led at Series C, 2020 | Series E Feb 2022 $425M | $4.2B | $361M – $6.2B | $3.9B (-7%) | $682M | 0% | 916 | flat | D | |
| 34 | CARS24 Automobile Dealers & Manufacturers · led at Series D, 2019 | Debt Nov 2021 $20M | $1.4B | $119M – $1.7B | $1.4B (0%) | $238M | 0% | 10,252 | flat | D | |
| 35 | GoStudent Learning, Tutoring & Courses · led at Series C, 2021 | Growth Equity Aug 2023 $95M | $1.4B | $573M – $3.7B | $1.1B (-21%) | $356M | 59% | 2,679 | flat | C | |
| 36 | OpenEvidence Tech Companies · led at Series D, 2026 | Series D Apr 2026 $250M | $14.2B | $10.4B – $18.7B | $16.2B (+15%) | $1.8B | 0% | 140 | growing | A | |
| 37 | Glean Tech Companies · led at Series E, 2024 | Series F Jun 2025 $150M | $10.0B | $6.1B – $11.5B | $10.0B (0%) | $1.1B | 0% | 1,632 | up | B | |
| 38 | Upgrade Loans & Financing · led at Series F, 2021 | Series G Oct 2025 $165M | $9.5B | $6.3B – $10.9B | $9.5B (0%) | $1.0B | 0% | 1,602 | flat | A | |
| 39 | Aspire Payment Processing & Point of Sale · led at Series B, 2021 | Growth Equity Jan 2024 $79M | $930M | $196M – $1.4B | $878M (-6%) | $96.2M | 0% | 1,112 | flat | C | |
| 40 | AUTO1.com Automobile Dealers & Manufacturers · since Series C, 2014 | Series F Jan 2018 $560M | $952M | $174M – $2.0B | $952M (0%) | $312M | 43% | 22 | flat | D | |
| 41 | Kurly Groceries · led at Series C, 2018 | Growth Equity Dec 2021 $210M | $3.3B | $287M – $3.8B | $3.3B (0%) | $376M | 0% | 640 | flat | D | |
| 42 | Poolside Software Development Services · since Series B, 2024 | Series B Oct 2024 $500M | $6.1B | $3.7B – $7.0B | $6.1B (0%) | $669M | 0% | 330 | growing | B | |
| 43 | Noom Nutritionists & Weight Loss Specialists · since Series E, 2019 | Series F May 2021 $540M | $2.4B | $263M – $7.5B | $2.2B (-7%) | $684M | 30% | 1,200 | flat | D | |
| 44 | WeLab Banks & ATMs · since Series A, 2015 | Series D Jan 2026 $220M | $2.8B | $1.6B – $4.6B | $2.9B (+2%) | $392M | 14% | 205 | flat | B | |
| 45 | Omio Travel Agencies · since Series B, 2015 | Other Jul 2026 $10M | $725M | $60.4M – $1.8B | $670M (-7%) | $158M | 7% | 441 | flat | D | |
| 46 | Houzz Tech Companies · since Series D, 2014 | Series E Jun 2017 $400M | $1.8B | $342M – $4.1B | $1.8B (0%) | $572M | 46% | 1,365 | flat | D | |
| 47 | Fetch Tech Companies · since Series C, 2020 | Debt Mar 2024 $50M | $1.6B | $242M – $2.8B | $1.5B (-3%) | $248M | 26% | 1,131 | flat | D | |
| 48 | Qonto Payment Processing & Point of Sale · since Series D, 2022 | Series D Jan 2022 $550M | $8.3B | $1.2B – $9.5B | $7.9B (-4%) | $1.1B | 0% | 2,450 | up | D | |
| 49 | Perk Travel Agencies · since Series C, 2018 | Debt Jun 2026 $300M | $3.7B | $2.2B – $4.3B | $3.7B (0%) | $449M | 0% | 2,155 | up | B | |
| 50 | Greenlight Payment Processing & Point of Sale · since Series C, 2020 | Series D Apr 2021 $260M | $2.6B | $237M – $3.8B | $2.5B (-4%) | $447M | 6% | 687 | flat | 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 DST Global invests: stages, industries and countries
Most of its rounds are Series C and later (51%). Its companies span 47 industries, most in Tech Companies, Payment Processing & Point of Sale and Banks & ATMs, across 35 countries.
Rounds by stage
- Pre-seed 1
- Seed 17
- Series A 55
- Series B 46
- Series C and later 124
- Other venture 1
Investments by industry
- Tech Companies 65
- Payment Processing & Point of Sale 24
- Banks & ATMs 7
- Investment Consultants & Financial Advisors 7
- Loans & Financing 7
- Groceries 5
- Software Development Services 5
- Cryptocurrency 4
Investments by country
- United States 73
- India 15
- France 10
- United Kingdom 9
- Indonesia 7
- Singapore 6
Recent rounds
DST Global's latest investments
DST Global's most recent funding rounds, newest first. 31 rounds in the last 12 months.
- Series D $115M 9 Sep 2026
- Mistral AI Series D $3.50B 8 Sep 2026
- Series A $50M 2 Sep 2026
- Lovable Series C $400M 12 Aug 2026
- Whatnot Series G $545M 10 Aug 2026
- Proxima Fusion Growth $468M 7 Jul 2026
- Series B, led $50M 23 Jun 2026
- Series A $35M 23 Jun 2026
- Anthropic Series H+ $65.00B 28 May 2026
- Series A, led $40M 16 Apr 2026
Co-investors
DST Global's top co-investors
The investors that most often join the same rounds as DST Global. Sequoia Capital leads, with 36 rounds together.
- Sequoia Capital 36 rounds together
- Tiger Global 32 rounds together
- Andreessen Horowitz 30 rounds together
- Lightspeed Venture Partners 27 rounds together
- Y Combinator 26 rounds together
- Coatue 25 rounds together
- Founders Fund 19 rounds together
- Dragoneer Investment Group 18 rounds together
- Accel 17 rounds together
- General Catalyst 17 rounds together
About
About DST Global
DST Global, also known as Digital Sky Technologies Global, is a Cayman Islands-based financial services company engaged in venture capital and private equity investments in late-stage internet companies. The company operates globally, with a focus on international markets, particularly in emerging markets such as China. DST Global serves institutional investors and does not solicit or accept retail investors.
Description from Veridion's company data.
- Founded
- 2009
- Based in
- Cayman Islands, Cayman Islands
- Team
- 150 people, +14% in a year
- Type
- Venture capital firm
Focus markets
- Financial Services
- Investment Management
What DST Global offers
- Venture Capital Investment Services
- Private Equity Investment Services
- Internet Company Investment Services
- Late-Stage Internet Company Investment Services
- International Investment Services
- Emerging Market Investment Services
- High-Growth Company Investment Services
Questions
DST Global: frequently asked questions
How many companies has DST Global invested in?
179 venture-backed companies on VCMC, across 244 funding rounds.
What are DST Global's most valuable private companies?
Anthropic ($1.09T), Databricks ($193.6B), Stripe ($173.0B), by VCMC's valuation.
What was DST Global's latest investment?
Clay, a Series D round in Sep 2026 of $115M.
Which stages does DST Global invest in?
DST Global invests most often at Series C and later (124 rounds), followed by Series A (55) and Series B (46). It has also joined 17 seed, 1 pre-seed and 1 other venture rounds.
What is DST Global's portfolio worth?
Its private companies with a VCMC valuation are worth $2.26T together. That is the sum of the companies' values, not what DST Global owns.
Who does DST Global invest alongside?
Sequoia Capital (36 rounds), Tiger Global (32 rounds), Andreessen Horowitz (30 rounds).