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DCM

2420 Sand Hill Road Suite 200, Menlo Park, CA, 94025, United States

Overview

DCM Ventures assists entrepreneurs in building companies that will change how institutions and people use and live with technology. DCM Ventures focuses on the size of its team, the money they raise, and the investments they make all so that it can focus on the business of helping portfolio companies succeed. Collectively, the DCM investing partners have over a century of investing and operational experience and each DCM partner has experience building hyper-growth startups into billion-dollar businesses. DCM Ventures manages ten funds totaling $4.0 billion and has made investments in more than 400 technology companies across the United States and Asia. With offices in Silicon Valley, Beijing, and Tokyo, DCM provides hands-on operational guidance and a vast network of global business and financial resources to its portfolio companies.

Total investments
232
Lead investments
76
Investments · 12mo
7
Active investors
8

Sector focus

  • Finance
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Trovy

    Participated · Series A · Jun 2026

    Trovy builds a consumer fintech platform that gives homeowners access to low-cost capital by turning home equity into on-demand financing via its flagship home equity–backed credit card. The platform pairs financing with a homeowner hub offering maintenance reminders, document storage, and rewards tailored to homeowner spending. Trovy launched its first product in June 2025, is live in 27 states and licensed in 30, and issues its card through Cross River Bank under a Mastercard license. The company plans to launch a second product, the 1Loan HELOC for purchases and refinances, and to deepen its product suite and team as it scales nationally. Trovy positions itself as a financial home base for America's homeowners, aiming to serve the roughly 85 million homeowners referenced in its materials.

  • TextQL

    Participated · Equity · Apr 2026

    TextQL builds agentic analytics software that lets enterprises query messy, fragmented data environments without requiring large-scale migrations, operating across on-prem systems and cloud data warehouses while respecting existing permissions. The company has focused engineering efforts on reinventing role-based access control across heterogeneous systems and creating runtime concepts to scale to complex Fortune 50 data ecosystems. Since its most recent financing, TextQL reports 9x year-over-year revenue growth and has booked consecutive six-figure contracts for six weeks running. Deployments include Blackstone, Scale, Dropbox, and a growing list of G2000 enterprises. The company positions itself as the interface between executives and enterprise data and plans to use the funding to further develop its agentic analytics capabilities and scale deployments.

  • Dots

    Led · Series A · Feb 2026

    Dots provides a unified, developer-friendly API that handles onboarding, compliance and disbursements so companies can pay workers and creators anywhere in their preferred payment rail. The platform currently processes more than $150 million in payouts each month and has moved over $1 billion to more than one million gig workers, creators and contractors worldwide. Dots reports 400 % year-over-year revenue growth and is already profitable. Recent product releases include a fully self-serve integration flow and Dots Control, an anti-fraud tool that lets customers set custom rules to flag suspicious activity. With the fresh capital, the company plans to add adjacent financial services such as credit-card processing, accounts payable and accounts receivable, while also expanding internationally and hiring additional engineers. By focusing equally on developer experience and payee satisfaction, Dots aims to become the default payout layer for the rapidly growing global gig and creator economy.

  • OpenArt

    Participated · Series A · Jan 2026

    OpenArt provides end-to-end graphic design services spanning event collateral (brochures, flyers, invitations, posters), full corporate identity packages (logos, business cards, letterheads), and personal event stationery. The agency also produces calendars, photo books, and editorial layouts for periodicals and books, complemented by professional photography services for businesses. Known for its focus on style and simplicity, OpenArt positions itself as a creative partner capable of delivering cohesive visual messaging across channels. The company has earned a reputation for original, effective advertising concepts that help clients communicate clearly. Following its recent $30 million capital raise, OpenArt intends to accelerate growth by expanding its service portfolio, investing in advanced design technologies, and broadening market reach. The new resources are expected to bolster operational capacity and reinforce the firm’s standing as a leader in creative communication solutions.

  • Enechain

    Participated · Series B · Jan 2026

    enechain provides eSquare Live, an online marketplace where market participants can buy and sell electricity, fuels, and environmental value products. The platform has handled more than ¥3 trn in cumulative wholesale electricity transactions, and its screen‐based trading volume via eSquare Live grew more than 25× year-on-year. To reduce counterparty and settlement risk, the company runs joint ventures eClear (with MUFG Bank) for power-trade clearing and eXstend (with Sumitomo Mitsui Financial Group) for fuel-price hedging. Following its latest financing, enechain’s paid-in capital has reached roughly ¥10 bn and group-wide funding now totals several hundred billion yen. The new capital will be used to upgrade eSquare Live to global-class UX and reliability standards, aggregate additional products and data, deepen ecosystem integrations, and embed advanced AI capabilities through a newly created AI lab. The company will also invest heavily in cybersecurity and consider M&A to accelerate energy-sector digital transformation.

Team