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Playground Global

Institutional venture firmSEC venture capital fund adviser· Palo Alto, Californiaplayground.vc

Institutional venture firm, based in Palo Alto, California, reporting $3.3B of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$3.3B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
2
Investment team
19
Latest vintage
2025
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

36 additional team members, 36 additional co-investors and affiliates, 23 additional investments, funds and LPs, 22 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 5 vehicles
    on Form D, 18 months

    $536M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 2 companies
    new in 12 months

    2 new companies in the last 12 months. Took 1 board seat on new Form D filings in 90 days (Qudara).

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageInvestments →
  3. 2 departures
    people, 12 months

    A team member departed (seen on or before 30 Sep 2026, the day it happened is not on record). 2 departures on record in 12 months.

    A partner leaving or arriving changes who decides, and who a founder or LP should call.

    InferenceVenture organization websites (about, team, portfolio, thesis, news pages)Team →
  4. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 1 May 2026 ($5.25M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  5. 2 deals
    with Y Combinator

    Invests most often alongside Y Combinator (2 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordCo-investors →

People to know

View all people
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Managing Director Of Playground Global Llc
    Why: Managing director
    No route on file yet

Relationship network

105 connected entities4 observed rounds1 repeat counterparty

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Playground Global: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Playground Global

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

9 companies on record, 2 new in 12 months

Investments on record

9 companies, 8 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Studioportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Dotportfolio listingunknownunknownunknownunknownSep 26, 2026Fact Company website
Qudara Inc.board seatunknown · boardDaniel Yum (strongly supported)unknownunknownAug 18, 2026Inference Form D

Stated thesis versus observed behaviour

10 observed deals
Stated (the firm’s website)
Sectors
ai, biotech, climate, energy, deep tech, quantum, biology
Stages
not stated or not yet read
Geography
global
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 56%Other Technology 33%Biotechnology 11%
lead rate no observed dealsfollow-on rate 33%new companies, 12 months 2

Team

37 current, 6 departed

Decision makers

who to call first, and why; then everyone else by function
  • Benjamin Kim · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Daniel Yum · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Jory Bell · Managing Director Of Playground Global Llc
    Why this person: Managing director; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

37 current, 6 departed
5 departed (kept with end dates)
  • Andy Rubin · Managing Director Of Playground Global, Llc And Playground Ventures Gp, Llc · Jan 1, 2015 to Mar 28, 2020 Inference
  • Matt Hershenson · Managing Director Of Playground Global, Llc And Playground Ventures Gp, Llc · Jan 1, 2015 to Mar 27, 2024 Inference
  • Laurie Jean Yoler · Managing Director Of Playground Global · Jul 1, 2019 to Mar 27, 2024 Inference

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

20 vehicles, 0 LPs disclosed

Funds and vehicles

20 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Playground Helix, L.P.Fund2025 form d first saleNewly closedunknownunknown$5.0M
of $5.0M
May 30, 2025
Playground Omega, L.P.Fund2025 form d first saleNewly closedunknownunknown$3.7M
of $3.7M
Jul 8, 2025
Playground Omega 2, L.P.Fund2025 form d first saleNewly closedunknownunknown$2.2M
of $2.2M
Jul 8, 2025

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

3 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Anne Wojcicki FoundationFOUNDATIONPlayground Ventures III, LP$1.9M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Vinik Family FoundationFOUNDATIONPlayground Ventures Affiliates II, L.P.$3.6M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Vinik Family FoundationFOUNDATIONPlayground Ventures III, LP$168,021
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

39 co-investors · on 2 other DFX graphs

Co-investors

39 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 2 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Playground Global is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Playground Global sits on 2 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 2 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

27 dated events, 66 observations from 4 sources

Timeline

27 dated events
  1. seen on or beforeSep 30, 2026
    Nate Chang (About us Portfolio People Careers News Events) no longer on the team page of Playground Global
    Person leftPeopleInferenceNate ChangFirm website
  2. seen on or beforeSep 30, 2026
    Gael Huynh (Executive Assistant) no longer on the team page of Playground Global
    Person leftPeopleInferenceGael HuynhFirm website
  3. Jul 2, 2026
    Playground Ventures IV, L.P.: the Form D filed 2026-07-02 reports the offering fully sold ($475.0M of $475.0M, 79 investors); a final close is inferred
    Fund close inferredderived signalInferencePlayground Ventures IV, L.P.
  4. Apr 7, 2026
    Playground Omega, L.P. first reported on Form ADV by Playground Global (Venture Capital Fund), GAV $3,678,156
    Fund first reported on Form ADVFundsInferencePlayground Omega, L.P.Form ADV
  5. Apr 7, 2026
    Playground Omega 2, L.P. first reported on Form ADV by Playground Global (Venture Capital Fund), GAV $2,206,999
    Fund first reported on Form ADVFundsInferencePlayground Omega 2, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Apr 7, 2026 · 16 private fundsShow
Headquarters
Palo Alto, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Apr 7, 2026
Private funds reported
16 (16 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$3.3Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $3.3B across 20 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $2.8B across 15 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $2.8B across 10 vehicles

Evidence

67 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedApr 7, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 7, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2024FactForm ADV
SEC adviser typeExempt reporting adviserApr 7, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 7, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2024FactForm ADV
First Form ADV filing2015-06-15Apr 7, 2026FactForm ADV
First Form ADV filing2015-06-15Mar 27, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-04-07Apr 7, 2026FactForm ADV
Latest Form ADV filing2026-04-07Apr 7, 2026FactForm ADV
Latest Form ADV filing2024-03-27Mar 27, 2024FactForm ADV
SEC statusApr 7, 2026FactForm ADV
SEC status effective2015-06-15Apr 7, 2026FactForm ADV
Venture share of reported funds1Apr 7, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2024FactForm ADV
Business phoneApr 7, 2026FactForm ADV
Business phoneMar 27, 2024FactForm ADV
HeadquartersPalo Alto, CAApr 7, 2026FactForm ADV
HeadquartersPalo Alto, CAMar 27, 2024FactForm ADV
Office addressApr 7, 2026FactForm ADV
Office addressMar 27, 2024FactForm ADV
Legal formLimited Liability CompanyApr 7, 2026FactForm ADV
Legal formLimited Liability CompanyMar 27, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported16Apr 7, 2026FactForm ADV
Private funds reported16Apr 7, 2026FactForm ADV
Private funds reported10Mar 27, 2024FactForm ADV
Private fund gross assets (reported)$3.3BApr 7, 2026FactForm ADV
Private fund gross assets (reported)$3.3BApr 7, 2026FactForm ADV
Private fund gross assets (reported)$2.8BMar 27, 2024FactForm ADV
Schedule a diffsadiff-1Apr 7, 2026FactForm ADV
Stated geographyglobal
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 12, 2026Fact
Stated sectorsAI, biotech, climate, energy, deep tech, quantum, biology
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, biotech, climate, energy, deep tech, quantum, biology
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, biotech, climate, energy, deep tech, quantum, biology
“sector words on the home page”
Sep 12, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported16Apr 7, 2026FactForm ADV
Venture funds reported16Apr 7, 2026FactForm ADV
Venture funds reported10Mar 27, 2024FactForm ADV
WebsiteMar 27, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
74
high
Active deployment
33
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $3.3B across 20 vehicles

The inputs behind each score
importance
gav: 0.76 · funds: 1 · people: 0.96 · investments: 0.39 · co investors: 0.64
active deployment
investments 12m: 0.25 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-08-18
emerging manager
fund count: 20 · reported gav: $3.3B · first adv filing: 2015-06-15 · years since first filing: 11.3

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2015-06-15source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.