Organization · Venture Capital
DCM Ventures
DCM Ventures is a venture capital firm founded in 1996, with offices in Silicon Valley, Beijing, and Tokyo. It invests in early-stage technology companies across the U.S. and Asia, focusing on sectors like fintech, vertical SaaS, and AI.
Overview
What DCM Ventures does
What DCM Ventures is
DCM Ventures is a venture capital firm founded in 1996, with offices in Silicon Valley, Beijing, and Tokyo. It invests in early-stage technology companies across the U.S. and Asia, focusing on sectors like fintech, vertical SaaS, and AI.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 1996
- Approximate age
- About 30 years
- Structured capabilities
- Funder
- Last reviewed
- February 28, 2026
Official channels
Find DCM Ventures elsewhere
Open the official website or a supported primary organization account.
Capability profile
DCM Ventures as a funder
Investment thesis
Advance global connectivity through technology by investing in early-stage ventures with exceptional team quality and market potential across consumer, enterprise, healthtech, fintech, and deep tech.
Focus narrative
Series A and B focused with seed capacity. Takes significant positions targeting 20%+ ownership. DCM IX Global Fund ($780M), DCM A-Fund for seed stage ($100M). 125 Series A investments (avg $12M), 62 Series B (avg $24.7M), 45 Seed (avg $4.09M).
Value beyond capital
Hands-on operational involvement and strategic guidance. Extensive US-Asia network for market expansion. Follow-on funding support. Portfolio synergies across consumer and enterprise.
Terms and economics
- Typical check
- $5,000,000–$25,000,000
- Sweet spot
- $10,000,000
Focus and fit
- Stages
- Seed · Series A · Series B · Series C
- Regions
- Cn · Jp · Kr · Southeast Asia · United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 370
- Investments in the last 12 months
- 3
- Last recorded investment
- February 12, 2025
Portfolio context
370+ companies. 13 unicorns, 37+ IPOs, 106+ acquisitions. Notable: Kuaishou, Bill.com, SoFi, Hims, Modern Animal. Recent: Lingopal.ai ($14M Series A, Feb 2025), FANCY TECH Series B.
Common questions
What to know about DCM Ventures
Upseed classifies DCM Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
February 28, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.