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DFJ Growth

Growth investorSEC venture capital fund adviserRaising· San Mateo, CaliforniaDFJGROWTH.COM

DFJ Growth is a prominent investor in emerging technology leaders during their scaling phase of development. Founded in 2005, DFJ Growth partners with extraordinary, mission-driven entrepreneurs disrupting the status quo with game-changing innovations that become iconic companies. DFJ Growth is a fearless investor and steadfast partner to founders who imagine the future and execute on their bold visions to define it.

In the firm's own words, from its website.

Reported fund assets
$16B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
21
Latest vintage
2025
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (16)Team (31)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

22 additional team members, 37 additional co-investors and affiliates, 31 additional investments, funds and LPs, 21 events, 29 verified contacts (28 professional url, 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. 2 vehicles
    on Form D, 18 months

    $63.7M 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. 1 company
    new in 12 months

    1 new company in the last 12 months. Latest round Positron AI round ($875M round) on 10 Sep 2026.

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

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  3. 8 deals
    with Clarus Ventures

    Invests most often alongside Clarus Ventures (8 shared deals) and Khosla Ventures (3 shared deals).

    pair last observed on record 13 May 2013, 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
  • Barry Schuler
    Managing Member Interest)
    Why: Named with investment responsibility
    Profile
  • Mark Bailey
    Managing Member Interest)
    Why: Named with investment responsibility
    Profile
  • Randy S. Glein
    Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

112 connected entities5 observed rounds1 dated round shown here, 2026

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
  • Capital provider
  • 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 Growth: 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 Growth

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

Investing

16 companies on record, 1 new in 12 months
Investments on record
16 companies, 5 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Dotportfolio listingleadunknownunknownunknownSep 26, 2026Fact Company website
Fundersclubportfolio listingunknownunknownunknownunknownSep 24, 2026Fact Company website
Positron AI, Inc.Funding roundparticipantunknown$875MunknownSep 10, 2026Fact Press release
Stated thesis versus observed behaviour
9 observed deals
Stated (the firm’s website)
Sectors
ai, energy, deep tech, space
Stages
growth
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 78%Other 11%Other Technology 11%
lead rate 50%follow-on rate 0%new companies, 12 months 1

Team

31 current, 7 departed
Decision makers
who to call first, and why; then everyone else by function
  • Barry Schuler · Managing Member Interest)
    Why this person: Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Mark Bailey · Managing Member Interest)
    Why this person: Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Randy S. Glein · Managing Member
    Why 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. 2 with a route on file. 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
31 current, 7 departed
2 departed (kept with end dates)
  • Steve Tinklenberg Jurvetson · Managing Member (Draper Fisher Jurvetson Growth Fund 2006 Management Company, Llc) · Aug 1, 2006 to Mar 25, 2014 Inference
  • Timothy Cook Draper · Managing Member (Draper Fisher Jurvetson Growth Fund 2006 Management Company, Llc) · Aug 1, 2006 to Mar 25, 2014 Inference
Contacts
1 firm phone, 28 professional url

1 firm phone, 28 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

23 vehicles, 1 LPs disclosed
Funds and vehicles
23 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
DFJ Growth NL Investors II, L.P.Growth fund2025 form d first saleNewly closed$45.7M
Mar 30, 2026
2$45.7M
of $45.7M
Aug 12, 2025
DFJ Growth AI Investors III, L.P.Growth fund2025 form d first saleNewly closed$18.0M
Mar 30, 2026
3$18.0M
of $18.0M
Jan 8, 2026
DFJ Growth AI Investors, L.P.Growth fund2024 form d first saleEarly deployment$498M
Mar 30, 2026
3$101M
of $101M
May 16, 2024
Limited partners
1 LPs, 2 disclosed commitments
Known LPs and allocators
8 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Los Angeles City Employees' Retirement SystemMUNICIPAL RETIREMENT SYSTEMDFJ Growth 2013, L.P.$25.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Los Angeles City Employees' Retirement SystemMUNICIPAL RETIREMENT SYSTEMDFJ Growth III, L.P.$15.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Fred & Barbara Erb Family FoundationFOUNDATIONDFJ Growth IV, LP$2.7M
fair value on the foundation's return
reported as of Jun 30, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

92 co-investors · on 2 other DFX graphs
Co-investors
92 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 19 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

DFJ Growth 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

DFJ Growth sits on 19 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 19 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

26 dated events, 74 observations from 3 sources
Timeline
26 dated events
  1. Mar 30, 2026
    DFJ Growth Ai Investors II, L.P. first reported on Form ADV by DFJ Growth (Venture Capital Fund), GAV $84,120,267
    Fund first reported on Form ADVFundsInferenceDFJ Growth AI Investors II, L.P.Form ADV
  2. Mar 30, 2026
    DFJ Growth Ai Investors, L.P. first reported on Form ADV by DFJ Growth (Venture Capital Fund), GAV $498,493,904
    Fund first reported on Form ADVFundsInferenceDFJ Growth AI Investors, L.P.Form ADV
  3. Mar 30, 2026
    DFJ Growth Ai Investors III, L.P. first reported on Form ADV by DFJ Growth (Venture Capital Fund), GAV $17,999,867
    Fund first reported on Form ADVFundsInferenceDFJ Growth AI Investors III, L.P.Form ADV
  4. Mar 30, 2026
    DFJ Growth Nl Investors II, L.P. first reported on Form ADV by DFJ Growth (Venture Capital Fund), GAV $45,660,871
    Fund first reported on Form ADVFundsInferenceDFJ Growth NL Investors II, L.P.Form ADV
  5. Mar 29, 2024
    DFJ Growth V, L.P. first reported on Form ADV by DFJ Growth (Venture Capital Fund), GAV $363,775,000
    Fund first reported on Form ADVFundsFactDFJ Growth V, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 21 private fundsShow
Headquarters
San Mateo, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
DFJGROWTH.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
Mar 30, 2026
Private funds reported
21 (21 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$16Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Growth investor (confirmed, 95%)
    Growth or late-stage vehicles only
Evidence
81 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserAug 9, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserAug 9, 2024FactForm ADV
First Form ADV filing2012-03-28Mar 30, 2026FactForm ADV
First Form ADV filing2012-03-28Aug 9, 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 filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-08-09Aug 9, 2024FactForm ADV
SEC statusMar 30, 2026FactForm ADV
SEC status effective2012-03-28Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Aug 9, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneAug 9, 2024FactForm ADV
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
HeadquartersSan Mateo, CAMar 30, 2026FactForm ADV
HeadquartersSan Mateo, CAAug 9, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressAug 9, 2024FactForm ADV
Self-described typeVenture capitalSep 30, 2026Factno URL
Self-described typeVenture capitalSep 16, 2026Factno URL
Self-described typeVenture capitalSep 15, 2026Factno URL
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Legal formLimited Liability CompanyAug 9, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 15, 2026Factno URL
Private funds reported21Mar 30, 2026FactForm ADV
Private funds reported21Mar 30, 2026FactForm ADV
Private funds reported17Aug 9, 2024FactForm ADV
Private fund gross assets (reported)$16BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$16BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$5.1BAug 9, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated sectorsAI, energy, deep tech, space
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsAI, energy, deep tech, space
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, energy, deep tech, space
“sector words on the home page”
Sep 15, 2026Factno URL
Stated stagesgrowth
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesgrowth
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesgrowth
“stage words on the home page”
Sep 15, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported21Mar 30, 2026FactForm ADV
Venture funds reported21Mar 30, 2026FactForm ADV
Venture funds reported17Aug 9, 2024FactForm ADV
WebsiteMar 30, 2026FactForm ADV
WebsiteAug 9, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersGrowth investor, confirmed · 2 filing advisers share this firmShow
Importance
83
high
Active deployment
64
high
Emerging
0
low
Freshness
100
high
Growth investorSEC exempt reporting adviser

Growth or late-stage vehicles only

This firm files as 2 advisers on dfjgrowth.com: Draper Fisher Jurvetson. 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: $1 · funds: 1 · people: 1 · investments: 0.35 · co investors: 0.79
active deployment
investments 12m: 0.13 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-10
emerging manager
fund count: 24 · reported gav: $16B · 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

Fits

7 scored matches, best firstas of
  • score 51.9confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 34.6confidence 90%
    Why: sector fit; geography fit; activity
  • score 34.6confidence 90%
    Why: sector fit; geography fit; activity

+4 more scored matches

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

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

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.