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Draper Dragon

55 East 3rd Avenue, San Mateo, CA, 94401, United States

Overview

Sector-agnostic early-stage venture capital fund for innovative companies.

Founded

2006

Deals ยท 12mo

3

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Financial Services
Venture Capital

Investment portfolio

45rounds
NAMEDATESIZE
UpRock
Jul 2026Participated
$4 MSeed
AEON
May 2026Participated
$8 MSeed
Helios Finance
Mar 2026Participated
$1 MOther Equity
Midl
Aug 2025Led
$2 MSeed
Veda
Jun 2025Participated
$18 MOther Equity
Sats Terminal
Apr 2025Participated
$2 MSeed
Imua
Feb 2025Led
$5 MSeed
Maestro
Feb 2025Participated
$3 MSeed
CUDIS
Sep 2024Participated
$5 MSeed
Holonym
Aug 2024Participated
$6 MSeed
Coinflow Labs
May 2024Participated
$2 MSeed
Carv
Apr 2024Participated
$10 MSeries A
UpRock
Jul 2026Participated
$4 MSeed
AEON
May 2026Participated
$8 MSeed
Helios Finance
Mar 2026Participated
$1 MOther Equity
Midl
Aug 2025Led
$2 MSeed
Veda
Jun 2025Participated
$18 MOther Equity
Sats Terminal
Apr 2025Participated
$2 MSeed
Imua
Feb 2025Led
$5 MSeed
Maestro
Feb 2025Participated
$3 MSeed
CUDIS
Sep 2024Participated
$5 MSeed
Holonym
Aug 2024Participated
$6 MSeed
Coinflow Labs
May 2024Participated
$2 MSeed
Carv
Apr 2024Participated
$10 MSeries A
45
Items
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Draper Dragon: 45 funding rounds are recorded in the selected participation categories.All available history.
Draper Dragon: 45 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed518
Series A16
Series B02
Series C+02
Other Equity110

Monthly Deal Activity

Draper Dragon: 45 deals are recorded across 115 months.All available history.
Draper Dragon: 45 deals are recorded across 115 months. All available history
MonthDeals
Apr '171
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '171
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '191
Nov '190
Dec '190
Jan '201
Feb '200
Mar '200
Apr '200
May '200
Jun '202
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '210
Feb '211
Mar '210
Apr '211
May '210
Jun '211
Jul '212
Aug '211
Sep '211
Oct '212
Nov '211
Dec '210
Jan '220
Feb '221
Mar '220
Apr '221
May '220
Jun '221
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '231
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '233
Dec '230
Jan '240
Feb '242
Mar '241
Apr '245
May '241
Jun '240
Jul '240
Aug '241
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '252
Mar '250
Apr '251
May '250
Jun '251
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '261
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Draper Dragon: Crypto & Blockchain is the largest displayed sector by deal count (26 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Draper Dragon: Crypto & Blockchain is the largest displayed sector by deal count (26 deals). All available history
SectorDeals
Crypto & Blockchain26
Fintech18
Enterprise Software11
Networks, Cloud & Communication9
Media & Entertainment5
AI & Machine Learning5
Hardware & Robotics4
Cybersecurity & Privacy3
E-Commerce & Retail3
Data, Analytics & IT3
Gaming & eSports3
Real Estate & Construction2
Marketing & Advertising2
Health & Life Sciences2
Social & Community Platforms2
Education & Workforce1
AR/VR1
Consumer & Lifestyle1
Professional Services1
Developer Tools1

Deal Size Distribution

Draper Dragon: 45 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Draper Dragon: 45 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M21
$5M-$10M9
$10M-$25M7
$25M-$50M3
$50M-$100M2
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Draper Dragon: United States has the largest recorded deal count among the displayed regions (30 deals).All available history.

Top 10 of 12 regions; European countries are grouped as Europe.

Draper Dragon: United States has the largest recorded deal count among the displayed regions (30 deals). All available history
RegionDeals
United States30
Europe3
India2
Hong Kong2
Sri Lanka1
Puerto Rico1
South Korea1
Japan1
100011
Canada1
Draper Dragon: 20 co-investors are shown, with Draper Associates sharing 13 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Draper Dragon: 20 co-investors are shown, with Draper Associates sharing 13 recorded deals. All available history
Co-investorShared deals
Draper Associates13
Arrington Capital5
Coinbase Ventures5
Animoca Brands4
Galaxy Digital3
HashKey Capital3
Multicoin Capital3
NGC Ventures3
No Limit Holdings3
OKX Ventures3
Sfermion3
The Artemis Fund3
Unlock Venture Partners3
3Commas Capital2
Anthos Capital2
Aquanow2
AY Ventures2
Band of Angels2
BitcoinFi Accelerator2
Blizzard Fund2

Investment Strategy

Draper Dragon: Led accounts for 16% and participating for 84% of round participation.All available history.
Draper Dragon: Led accounts for 16% and participating for 84% of round participation. All available history
CategoryDeals (count)Share (%)
Led716%
Participating3884%
Draper Dragon: Single-lead accounts for 29% and co-led for 71% of lead dynamics.All available history.
Draper Dragon: Single-lead accounts for 29% and co-led for 71% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead229%
Co-led571%

Team

Andrew Tang

Managing Director

Bobby Chao

Co-Founder & Managing Director

Larry Li

Managing Director