DAG Ventures
Institutional venture firm, based in Palo Alto, California, reporting $466M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
14 additional team members, 37 additional co-investors and affiliates, 96 additional investments, funds and LPs, 47 events, 2 verified contacts (1 general firm email, 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
- 10 dealswith Sequoia Capital
Invests most often alongside Sequoia Capital (10 shared deals) and Glynn Capital Management (6 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 recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Managing Director, Dag Ventures Management Vi, LlcWhy: Managing directorNo route on file yet
- Managing Director, Dag Ventures Management, LlcWhy: Managing directorNo route on file yet
- Member, Dag Ventures Management Iv, LlcWhy: Named with investment responsibilityNo route on file yet
Relationship network
157 connected entities13 observed rounds7 repeat counterparties2 dated rounds shown here, 2009 to 2010
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.
- 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 DAG Ventures: 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 DAG Ventures
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
67 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Upfort | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Company website |
| Branch | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Point | portfolio listing | lead | unknown | unknown | unknown | Sep 27, 2026 | Fact Company website |
Stated thesis versus observed behaviour
- Sectors
- ai, logistics, industrial
- Stages
- early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
19 current, 0 departed
Decision makers
- Nicholas Kwasi Pianim · Managing Director, Dag Ventures Management Vi, LlcWhy this person: Managing director; Named with investment responsibility
- R Thomas Goodrich · Managing Director, Dag Ventures Management, LlcWhy this person: Managing director; Named with investment responsibility
- Kendra Harris Ragatz · Member, Dag Ventures Management Iv, LlcWhy this person: 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Director, Dag Ventures Management Vi, Llc · 5 deals attributed
- Member, Dag Ventures Management Iv, Llc · 4 deals attributed
- Managing Director, Dag Ventures Management, Llc · 2 deals attributed
Contacts
1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
17 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| DAG Ventures Vi-S, LLC | Fund | 2016 adv first reported | Harvest | $13.6M Apr 14, 2026 | 5 | unknown | unknown |
| DAG Ventures VI, L.P. | Fund | 2015 adv first reported | Harvest | $185M Apr 14, 2026 | 56 | $0 of $300M | Nov 25, 2014 |
| DAG Ventures IV, L.P. | Fund | 2008 form d first sale | Harvest | $22.0M Apr 14, 2026 | 16 | $47.8M of $47.8M | Feb 22, 2010 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | DAG Ventures Iii-Qp, L.P. | $21,405 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | DAG Ventures VI, L.P. | $6.8M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | DAG Ventures Ii-Qp, L.P. | $119,880 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
65 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-0110 shared deals · very strong
- 2026-10-016 shared deals · strong
- 2026-10-015 shared deals · strong
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
DAG Ventures is the same institution as 2 records in Allocators and RIA and Wealth.
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…
DAG Ventures sits on 3 traced paths of capital across the graphs.
DFX traced 3 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
52 dated events, 74 observations from 3 sources
Timeline
- Apr 3, 2024DAG Coinvestment Fund Ii-D, LLC no longer reported on Form ADV by DAG Ventures
- Apr 3, 2024DAG Ventures GP Fund, LLC no longer reported on Form ADV by DAG Ventures
- Apr 3, 2024DAG Ventures Coinvestment Fund - Am, LLC no longer reported on Form ADV by DAG Ventures
- Apr 3, 2024DAG Ventures Coinvestment Fund - Armstrong Equity Partners L.P. and Armstrong Equity Advisors, L.P., LLC no longer reported on Form ADV by DAG VenturesFund no longer reportedFundsInferenceDAG Ventures Coinvestment Fund - Armstrong Equity Partners L.P. and Armstrong Equity Advisors, L.P., LLCForm ADV
- Apr 3, 2024DAG Ventures Iii-A, LLC no longer reported on Form ADV by DAG Ventures
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 14, 2026 · 12 private fundsShowHide
- Headquarters
- Palo Alto, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- DAGVENTURES.COM
- 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 14, 2026
- Private funds reported
- 12 (12 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $465Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $466M across 17 vehicles
- Sep 15, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $562M across 17 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $143M across 8 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Apr 14, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 14, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 3, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 14, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 14, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 3, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Apr 14, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Apr 3, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-14 | Apr 14, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-14 | Apr 14, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-04-03 | Apr 3, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Apr 14, 2026 | Fact | Form ADV |
| SEC status effective | 2012-03-29 | Apr 14, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 14, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 3, 2024 | Fact | Form ADV |
| Business phone | Apr 14, 2026 | Fact | Form ADV | |
| Business phone | Apr 3, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Headquarters | Palo Alto, CA | Apr 14, 2026 | Fact | Form ADV |
| Headquarters | Palo Alto, CA | Apr 3, 2024 | Fact | Form ADV |
| Office address | Apr 14, 2026 | Fact | Form ADV | |
| Office address | Apr 3, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 30, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 12, 2026 | Fact | |
| Legal form | Limited Liability Company | Apr 14, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Apr 3, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 12, 2026 | Fact | ||
| Private funds reported | 12 | Apr 14, 2026 | Fact | Form ADV |
| Private funds reported | 12 | Apr 14, 2026 | Fact | Form ADV |
| Private funds reported | 17 | Apr 3, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $465M | Apr 14, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $465M | Apr 14, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $562M | Apr 3, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Apr 14, 2026 | Fact | Form ADV |
| Stated sectors | AI, logistics, industrial “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 12, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 12 | Apr 14, 2026 | Fact | Form ADV |
| Venture funds reported | 12 | Apr 14, 2026 | Fact | Form ADV |
| Venture funds reported | 17 | Apr 3, 2024 | Fact | Form ADV |
| Website | Apr 14, 2026 | Fact | Form ADV | |
| Website | Apr 3, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 12, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $466M across 17 vehicles
- importance
- gav: 0.51 · funds: 1 · people: 1 · investments: 0.7 · co investors: 0.73
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
- emerging manager
- fund count: 33 · reported gav: $466M · first adv filing: 2012-03-29 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2012-03-29source 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.