Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / Dcm

Dcm

Institutional venture firmMenlo Park, CAdcm.comSEC venture capital fund adviser

venture manager, reported GAV $3,068M across 22 vehicles

Importance
49
elevated
Active deployment
4
low
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
7
low
Identity and regulatory footprint
Headquarters
Menlo Park, CAadviserinfo.sec.gov
Office address
2420 SAND HILL ROAD #200, Menlo Park, CA, 94025adviserinfo.sec.gov
Business phone
650-233-1400adviserinfo.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
Mar 31, 2026
Private funds reported
20 (20 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$2.7Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
DCM Management International, Ltd (General Partner), NA
business email
hello@dcm.comdcm.compublished by the subject
business email
contact@dcm.comdcm.compublished by the subject
business phone
650-233-1400adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
Sectors
ai, fintech, marketplaces, space, logistics, gaming, media, b2b
Stages
early
Geography
asia, global, globally, worldwide
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
Biotechnology 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
22 reported, 11 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Fund 1496750Fund2022 adv first reportedActive deployment$3.3M
Jul 31, 2024
14unknownunknown
Fund 557018Fund2020 adv first reportedMature$4.0M
Jul 31, 2024
5unknownunknown
Fund 428156Fund2019 adv first reportedMature$709M
Jul 31, 2024
80unknownunknown
Fund 452424Fund2019 adv first reportedMature$58.9M
Jul 31, 2024
17unknownunknown
Fund 436878Fund2019 adv first reportedMature$9.0M
Jul 31, 2024
15unknownunknown
Fund 391038Fund2018 adv first reportedHarvest$124M
Jul 31, 2024
18$0
of $100M
Nov 30, 2017
Fund 862087Fund2017 adv first reportedHarvest$13.7M
Jul 31, 2024
9unknownunknown
Fund 895237Fund2016 adv first reportedHarvest$499M
Jul 31, 2024
41unknownunknown
Fund 666273Fund2016 adv first reportedHarvest$41.1M
Jul 31, 2024
6unknownunknown
Fund 067759Fund2016 adv first reportedHarvest$8.4M
Jul 31, 2024
15unknownunknown
Fund 782009Fund2015 adv first reportedHarvest$157M
Jul 31, 2024
24$0
of $170M
Sep 8, 2014
Fund 759381Fund2015 adv first reportedHarvest$127M
Jul 31, 2024
23$0
of $100M
Dec 11, 2014
Fund 824427Feeder or parallel2015 adv first reportedHarvest$5.2M
Jul 31, 2024
12$0
of $10.0M
Dec 24, 2014
Fund 119396Fund2014 adv first reportedHarvest$848M
Jul 31, 2024
33unknownunknown
Fund 125650Fund2014 adv first reportedHarvest$81.7M
Jul 31, 2024
5unknownunknown
Fund 136514FundunknownUnknown$151M
Jul 31, 2024
71unknownunknown
Fund 823908FundunknownUnknown$130M
Jul 31, 2024
66unknownunknown
Fund 304214FundunknownUnknown$45.5M
Jul 31, 2024
19unknownunknown
Fund 221855FundunknownUnknown$35.2M
Jul 31, 2024
71unknownunknown
Fund 214825FundunknownUnknown$12.1M
Jul 31, 2024
10unknownunknown
Fund 523455FundunknownUnknown$3.3M
Jul 31, 2024
73unknownunknown
Fund 337911FundunknownUnknown$1.2M
Jul 31, 2024
74unknownunknown
Fund 330374Fund2016 adv first reportedWound down$38.1M
Mar 28, 2017
2unknownunknown
Fund 417046Fund2016 adv first reportedWound down$2.9M
Mar 29, 2023
3unknownunknown
Fund 553276FundunknownWound down$55.7M
Mar 29, 2023
146unknownunknown
Fund 365417FundunknownWound down$29.3M
Mar 25, 2014
3unknownunknown
Fund 218739FundunknownWound down$2.7M
Mar 29, 2023
95unknownunknown
Fund 742545FundunknownWound down$1.5M
Mar 29, 2023
37unknownunknown
Fund 672722FundunknownWound down$1.1M
Mar 30, 2016
95unknownunknown
Fund 926682FundunknownWound down$204,341
Mar 30, 2016
46unknownunknown
Fund 239640FundunknownWound down$119,398
Mar 30, 2016
15unknownunknown
Fund 143107FundunknownWound down$74,297
Mar 30, 2016
68unknownunknown
Fund 323681FundunknownWound down$64,143
Mar 30, 2016
2unknownunknown
GAV 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.
Investment team
14 current, 7 departed
Andre Levi
Chief Financial Officer & Partner · since Jan 1, 2013
Platform and operations
Matthew C. Bonner
Chief Operating Officer & Legal Partner · since Jul 1, 2010
Platform and operations
7 departed (kept with end dates)
Investments on record
1 edges, 1 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Rakuten Medical, Inc.board seatunknown · boardDavid Chao (strongly supported)unknownunknownApr 13, 2026Inference SEC EDGAR Form D data sets (quarterly)
“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.
Co-investors
1 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
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.
Timeline
56 dated events
  1. Mar 28, 2024
    Fund 553276 no longer reported on Form ADV by Dcm
  2. Mar 28, 2024
    Fund 742545 no longer reported on Form ADV by Dcm
  3. Mar 28, 2024
    Fund 218739 no longer reported on Form ADV by Dcm
  4. Mar 28, 2024
    Fund 489734 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $135,656,566
  5. Mar 28, 2024
    Fund 417046 no longer reported on Form ADV by Dcm
  6. Mar 31, 2022
    Jason G. Krikorian (Partner) no longer on Schedule A of Dcm
  7. Mar 31, 2022
    Fund 1496750 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $3,350,428
  8. Mar 31, 2022
    Katsujin(david) Chao (Partner) no longer on Schedule A of Dcm
  9. Mar 28, 2020
    Fund 557018 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $5,247,932
  10. Mar 29, 2019
    Fund 428156 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $614,874,540
  11. Mar 29, 2019
    Fund 452424 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $49,046,295
  12. Mar 29, 2019
    Fund 436878 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $6,746,487
  13. Mar 28, 2018
    Fund 391038 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $15,000,000
  14. Mar 28, 2018
    Fund 330374 no longer reported on Form ADV by Dcm
  15. Mar 28, 2017
    Fund 672722 no longer reported on Form ADV by Dcm
  16. Mar 28, 2017
    Fund 862087 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $11,155,025
  17. Mar 28, 2017
    Fund 926682 no longer reported on Form ADV by Dcm
  18. Mar 28, 2017
    Fund 323681 no longer reported on Form ADV by Dcm
  19. Mar 28, 2017
    Fund 143107 no longer reported on Form ADV by Dcm
  20. Mar 28, 2017
    Fund 239640 no longer reported on Form ADV by Dcm
  21. Mar 28, 2017
    Rong Lu (Partner) no longer on Schedule A of Dcm
  22. Mar 30, 2016
    Fund 666273 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $32,676,768
  23. Mar 30, 2016
    Fund 895237 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $405,277,778
  24. Mar 30, 2016
    Fund 330374 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $38,154,520
  25. Mar 30, 2016
    Fund 417046 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $5,111,515
  26. Mar 30, 2016
    Fund 067759 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $6,449,344
  27. Dec 1, 2015
  28. Aug 4, 2015
    Thomas B. Blaisdell (Partner) no longer on Schedule A of Dcm
  29. Aug 4, 2015
    Peter W. Moran (Partner) no longer on Schedule A of Dcm
  30. Mar 27, 2015
    Dixon R. Doll (Partner) no longer on Schedule A of Dcm
  31. Mar 27, 2015
    Fund 782009 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $176,064,629
  32. Mar 27, 2015
    Fund 824427 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $10,358,780
  33. Mar 27, 2015
    Fund 759381 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $100,000,000
  34. Mar 27, 2015
    Carlton G. Amdahl (Partner) no longer on Schedule A of Dcm
  35. Mar 27, 2015
    Fund 365417 no longer reported on Form ADV by Dcm
  36. Jan 1, 2015
  37. Mar 25, 2014
    Fund 125650 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $29,292,900
  38. Mar 25, 2014
    Fund 119396 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $304,040,100
  39. Jan 1, 2013
    Andre Levi joined Schedule A of Dcm as Chief Financial Officer
  40. Mar 30, 2012
    Fund 304214 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $148,762,456
  41. Mar 30, 2012
    Dcm first filed Form ADV (ERA, venture capital fund adviser exemption)
  42. Mar 30, 2012
    Fund 672722 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $20,095,326
  43. Mar 30, 2012
    Fund 239640 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $2,016,493
  44. Mar 30, 2012
    Fund 365417 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $29,673,252
  45. Mar 30, 2012
    Fund 337911 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $17,824,986
  46. Mar 30, 2012
    Fund 143107 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $1,507,501
  47. Mar 30, 2012
    Fund 218739 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $14,817,737
  48. Mar 30, 2012
    Fund 323681 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $1,099,733
  49. Mar 30, 2012
    Fund 742545 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $6,390,007
  50. Mar 30, 2012
    Fund 214825 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $62,085,033
  51. Mar 30, 2012
    Fund 553276 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $243,777,140
  52. Mar 30, 2012
    Fund 823908 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $387,384,085
  53. Mar 30, 2012
    Fund 523455 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $10,798,283
  54. Mar 30, 2012
    Fund 926682 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $6,861,127
  55. Mar 30, 2012
    Fund 136514 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $455,866,628
  56. Mar 30, 2012
    Fund 221855 first reported on Form ADV by Dcm (Venture Capital Fund), GAV $694,475,847
Classification history
  1. Sep 15, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $3,068M across 22 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $339M across 5 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%, cls-1)
    venture manager, reported GAV $475M across 6 vehicles
Evidence
55 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserJul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserJul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2012-03-30Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-31Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-07-31Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2012-03-30Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone650-233-1400Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone650-233-1400Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://www.dcm.com/contact
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
HeadquartersMenlo Park, CAMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersMenlo Park, CAJul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address2420 SAND HILL ROAD #200, Menlo Park, CA, 94025Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address2420 SAND HILL ROAD #200, Menlo Park, CA, 94025Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited PartnershipMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited PartnershipJul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://www.dcm.com/companies
1 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://www.dcm.com/companies
1 entries read
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported20Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported23Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$2.7BMar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$3.2BJul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyasia,global,globally,worldwide
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyasia,global,globally,worldwide
geography words on the home page
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,fintech,marketplaces,space,logistics,gaming,media,b2b
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsai,fintech,marketplaces,space,logistics,gaming,media,b2b
sector words on the home page
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesearly
stage words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesearly
stage words on the home page
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.dcm.com/team
9 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://www.dcm.com/team
9 name/title pairs read
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported20Mar 31, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported23Jul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTP://WWW.DCM.COMJul 31, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleDCM | Unconventional ideas shape progress
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleDCM | Unconventional ideas shape progress
title tag
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)