
DRW Venture Capital
540 W Madison St, Suite 2500, Chicago, IL, 60661, United States
Overview
Venture capital firm investing in financial and enterprise technology.
Deals · 12mo
10
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Silicon Data | Aug 2026Participated | $31 MSeries A | |
Databento | Jul 2026Participated | $97 MSeries B | |
Rowan | Mar 2026Led | $3 MSeed | |
Crossover Markets Group | Mar 2026Participated | $31 MSeries B | |
TRM Labs | Feb 2026Participated | $70 MSeries C | |
Nasdaq Private Market | Jan 2026Participated | $38 MSeries C | |
Alpaca | Jan 2026Participated | $190 MSeries D | |
Kraken | Nov 2025Led | $800 MOther Equity | |
Tharimmune | Nov 2025Led | $540 MOther Equity | |
Lemon Cash | Oct 2025Participated | $20 MSeries B | |
Mantic | Aug 2025Participated | $4 MSeed | |
TensorZero | Aug 2025Participated | $7 MSeed | |
Silicon Data | Aug 2026Participated | $31 MSeries A | |
Databento | Jul 2026Participated | $97 MSeries B | |
Rowan | Mar 2026Led | $3 MSeed | |
Crossover Markets Group | Mar 2026Participated | $31 MSeries B | |
TRM Labs | Feb 2026Participated | $70 MSeries C | |
Nasdaq Private Market | Jan 2026Participated | $38 MSeries C | |
Alpaca | Jan 2026Participated | $190 MSeries D | |
Kraken | Nov 2025Led | $800 MOther Equity | |
Tharimmune | Nov 2025Led | $540 MOther Equity | |
Lemon Cash | Oct 2025Participated | $20 MSeries B | |
Mantic | Aug 2025Participated | $4 MSeed | |
TensorZero | Aug 2025Participated | $7 MSeed |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 2 | 5 |
| Series A | 2 | 5 |
| Series B | 5 | 15 |
| Series C+ | 0 | 10 |
| Other Equity | 7 | 5 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Nov '14 | 1 |
| Dec '14 | 0 |
| Jan '15 | 0 |
| Feb '15 | 1 |
| Mar '15 | 0 |
| Apr '15 | 1 |
| May '15 | 0 |
| Jun '15 | 0 |
| Jul '15 | 1 |
| Aug '15 | 0 |
| Sep '15 | 0 |
| Oct '15 | 0 |
| Nov '15 | 1 |
| Dec '15 | 0 |
| Jan '16 | 0 |
| Feb '16 | 0 |
| Mar '16 | 0 |
| Apr '16 | 0 |
| May '16 | 2 |
| Jun '16 | 1 |
| Jul '16 | 0 |
| Aug '16 | 0 |
| Sep '16 | 0 |
| Oct '16 | 0 |
| Nov '16 | 1 |
| Dec '16 | 0 |
| Jan '17 | 1 |
| Feb '17 | 1 |
| Mar '17 | 0 |
| Apr '17 | 0 |
| May '17 | 0 |
| Jun '17 | 0 |
| Jul '17 | 0 |
| Aug '17 | 0 |
| Sep '17 | 2 |
| Oct '17 | 0 |
| Nov '17 | 0 |
| Dec '17 | 1 |
| Jan '18 | 0 |
| Feb '18 | 0 |
| Mar '18 | 0 |
| Apr '18 | 0 |
| May '18 | 2 |
| Jun '18 | 0 |
| Jul '18 | 0 |
| Aug '18 | 0 |
| Sep '18 | 0 |
| Oct '18 | 1 |
| Nov '18 | 0 |
| Dec '18 | 1 |
| Jan '19 | 0 |
| Feb '19 | 0 |
| Mar '19 | 0 |
| Apr '19 | 1 |
| May '19 | 1 |
| Jun '19 | 0 |
| Jul '19 | 0 |
| Aug '19 | 0 |
| Sep '19 | 0 |
| Oct '19 | 0 |
| Nov '19 | 1 |
| Dec '19 | 1 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 0 |
| Apr '20 | 0 |
| May '20 | 0 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 1 |
| Feb '21 | 0 |
| Mar '21 | 0 |
| Apr '21 | 1 |
| May '21 | 0 |
| Jun '21 | 0 |
| Jul '21 | 2 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 2 |
| Jan '22 | 0 |
| Feb '22 | 2 |
| Mar '22 | 0 |
| Apr '22 | 1 |
| May '22 | 1 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 1 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 1 |
| Mar '23 | 1 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 1 |
| Feb '24 | 1 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 1 |
| Jul '24 | 1 |
| Aug '24 | 1 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 1 |
| Dec '24 | 1 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 1 |
| Jun '25 | 1 |
| Jul '25 | 0 |
| Aug '25 | 2 |
| Sep '25 | 0 |
| Oct '25 | 1 |
| Nov '25 | 2 |
| Dec '25 | 0 |
| Jan '26 | 2 |
| Feb '26 | 1 |
| Mar '26 | 2 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 1 |
| Aug '26 | 1 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Fintech | 34 |
| Enterprise Software | 18 |
| Data, Analytics & IT | 17 |
| Crypto & Blockchain | 17 |
| Networks, Cloud & Communication | 9 |
| Professional Services | 9 |
| AI & Machine Learning | 7 |
| Cybersecurity & Privacy | 5 |
| Clean Energy & Sustainability | 4 |
| Marketing & Advertising | 4 |
| Hardware & Robotics | 4 |
| Travel & Hospitality | 3 |
| E-Commerce & Retail | 3 |
| Health & Life Sciences | 3 |
| Developer Tools | 2 |
| Real Estate & Construction | 1 |
| Food & Agriculture | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 5 |
| $5M-$10M | 12 |
| $10M-$25M | 14 |
| $25M-$50M | 10 |
| $50M-$100M | 7 |
| $100M-$250M | 4 |
| $250M-$500M | 1 |
| $500M-$1B | 3 |
| $1B+ | 0 |
Deals By Geography
Top 7 of 7 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 43 |
| Europe | 7 |
| Australia | 2 |
| Argentina | 1 |
| Israel | 1 |
| 92647 | 1 |
| Cayman Islands | 1 |
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.
| Co-investor | Shared deals |
|---|---|
| Jump Capital | 7 |
| Valor Equity Partners | 7 |
| CMT Digital | 6 |
| Goldman Sachs | 6 |
| Nasdaq Ventures | 6 |
| Bain Capital Ventures | 5 |
| Virtu Financial | 5 |
| Castle Island Ventures | 4 |
| Illuminate Financial | 4 |
| Mobile Financial Partners | 4 |
| Pivot Investment Partners | 4 |
| Polychain Capital | 4 |
| Wells Fargo | 4 |
| Alumni Ventures | 3 |
| Bessemer Venture Partners | 3 |
| Citadel Securities | 3 |
| Euclid Opportunities | 3 |
| F-Prime Capital | 3 |
| Flow Traders | 3 |
| J.P. Morgan | 3 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 16 | 29% |
| Participating | 40 | 71% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 7 | 44% |
| Co-led | 9 | 56% |
Team
Founder and CEO
Head of DRW Venture Capital