DFJ Dragon

Institutional venture firmSEC venture capital fund adviser· San Mateo, CaliforniaDFJDRAGON.COM

Institutional venture firm, based in San Mateo, California, reporting $87.9M of fund assets on its funds' Form ADV filings.

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

Reported fund assets
$87.9M
sum of its funds' Form ADV filings, last 30 months
Investment team
10
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsFundsInvestmentsTeam (10)
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

1 additional team member, 1 additional co-investor or affiliate, 1 event, 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.

Nothing material in the last 180 days.

People to know

View all people
  • John Herbert Newall Fisher
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • K. Bobby Chao
    Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Larry Guangxin Li
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

7 connected entities

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
  • Fund or vehicle
  • Person

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 DFJ Dragon: 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 DFJ Dragon

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

Investing

0 companies on record, 0 new in 12 months
Investments on record
0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
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: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

10 current, 6 departed
Decision makers
who to call first, and why; then everyone else by function

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
10 current, 6 departed
2 departed (kept with end dates)
Contacts
1 firm phone

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

Funds and LPs

3 vehicles, 0 LPs disclosed
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
DFJ Dragonfund China, L.P.FundunknownUnknown$41.6M
Apr 1, 2026
99unknownunknown
DFJ Dragonfund China II, L.P.FundunknownUnknown$37.3M
Apr 1, 2026
31unknownunknown
DFJ Dragonfund Partners, LLCFundunknownUnknown$9.1M
Apr 1, 2026
23unknownunknown
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
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 1 other DFX graph
Co-investors
0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

DFJ Dragon is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

6 dated events, 60 observations from 3 sources
Timeline
6 dated events
  1. Mar 29, 2024
    Tony C. Luh (Managing Member) no longer on Schedule A of DFJ Dragon
    Person leftPeopleInferenceTony C. LuhForm ADV
  2. Mar 22, 2019
    Steve Tinklenberg Jurvetson (Managing Member) no longer on Schedule A of DFJ Dragon
    Person leftPeopleInferenceSteve Tinklenberg JurvetsonForm ADV
  3. Mar 28, 2012
    DFJ Dragon first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  4. Mar 28, 2012
    DFJ Dragonfund China, L.P. first reported on Form ADV by DFJ Dragon (Venture Capital Fund), GAV $80,744,000
    Fund first reported on Form ADVFundsFactDFJ Dragonfund China, L.P.Form ADV
  5. Mar 28, 2012
    DFJ Dragonfund Partners, LLC first reported on Form ADV by DFJ Dragon (Venture Capital Fund), GAV $9,756,351
    Fund first reported on Form ADVFundsFactDFJ Dragonfund Partners, LLCForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 1, 2026 · 3 private fundsShow
Headquarters
San Mateo, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
DFJDRAGON.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 1, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$87.9Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
DFJ Network Affiliate Ix, LLC (Shareholder Class A (Dfj Dragonfund Ii Ltd.)), owns 5% to 10%; Dragonfund China II, LLC (Shareholder Class B (Dfj Dragonfund Ii Ltd.)), owns 75% or more; DFJ Network Affiliate Viii, LLC (Shareholder Class A), owns 25% to 50%
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $88M across 3 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $96M across 3 vehicles
Evidence
60 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedApr 1, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 1, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMay 8, 2024FactForm ADV
SEC adviser typeExempt reporting adviserApr 1, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 1, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMay 8, 2024FactForm ADV
First Form ADV filing2012-03-28Apr 1, 2026FactForm ADV
First Form ADV filing2012-03-28May 8, 2024FactForm 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 filing2026-04-01Apr 1, 2026FactForm ADV
Latest Form ADV filing2026-04-01Apr 1, 2026FactForm ADV
Latest Form ADV filing2024-05-08May 8, 2024FactForm ADV
SEC statusERA - ActiveApr 1, 2026FactForm ADV
SEC status effective2012-03-28Apr 1, 2026FactForm ADV
Venture share of reported funds1Apr 1, 2026FactForm ADV
Venture share of reported funds1May 8, 2024FactForm ADV
Business phoneApr 1, 2026FactForm ADV
Business phoneMay 8, 2024FactForm ADV
HeadquartersSan Mateo, CAApr 1, 2026FactForm ADV
HeadquartersSan Mateo, CAMay 8, 2024FactForm ADV
Office addressApr 1, 2026FactForm ADV
Office addressMay 8, 2024FactForm ADV
Legal formOther (specify)Apr 1, 2026FactForm ADV
Legal formOther (specify)May 8, 2024FactForm ADV
Private funds reported3Apr 1, 2026FactForm ADV
Private funds reported3Apr 1, 2026FactForm ADV
Private funds reported3May 8, 2024FactForm ADV
Private fund gross assets (reported)$87.9MApr 1, 2026FactForm ADV
Private fund gross assets (reported)$87.9MApr 1, 2026FactForm ADV
Private fund gross assets (reported)$96.3MMay 8, 2024FactForm ADV
Schedule a diffsadiff-1Apr 1, 2026FactForm ADV
Venture funds reported3Apr 1, 2026FactForm ADV
Venture funds reported3Apr 1, 2026FactForm ADV
Venture funds reported3May 8, 2024FactForm ADV
WebsiteApr 1, 2026FactForm ADV
WebsiteMay 8, 2024FactForm ADV
Website statusunreachable
“home page did not answer with HTML”
Sep 16, 2026Factno URL
Website statusunreachable
“home page did not answer with HTML”
Sep 13, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 3 filing advisers share this firmShow
Importance
19
moderate
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $88M across 3 vehicles

This firm files as 3 advisers on dfjdragon.com: DFJ Jaic Venture Partners, LLC, DFJ Vinacapital. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: $0 · funds: 0.25 · people: 0.36 · investments: 0 · co investors: 0
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: 3 · reported gav: $87.9M · first adv filing: 2012-03-28 · years since first filing: 14.5

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
    2012-03-28source 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.

Not yet on record: new companies, 12 mo, latest vintage.