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At a glance
Dragoneer Investment Group appears in 4 funding rounds tracked by ValueAddVC since 2026, leading 3. Its most recent tracked deal was Ramp's $1.85B round (Oct 15, 2026). It co-invests most often with Coatue Management, D1 Capital Partners and DST Global. ValueAddVC also tracks 6 funds managed by Dragoneer Investment Group.
Strategy
Stages
Series BGrowth
Sectors
EnterpriseConsumer
Geographies
USASan Francisco, California, USA
Check size
$25M-$200MRecent changes
- Oct 15, 2026Oct 15, 2026Invested in Ramp (primary financing, $1.85B) Morningstar
- Jul 13, 2026Jul 13, 2026Invested in Helsing (Series E, $1.8B) CNBC
- May 28, 2026May 28, 2026Invested in Anthropic (Series H, $65B) TechCrunch
- Feb 2, 2026Feb 2, 2026Invested in Waymo ($16B) Waymo
- Jul 15, 2025Jul 15, 2025New fund: Dragoneer Investment Group Opportunity Fund VII SEC EDGAR Form D
Earlier changes (5)
- Sep 29, 2021Sep 29, 2021New fund: Dragoneer Investment Group Opportunity Fund VI SEC EDGAR Form D
- Apr 15, 2020Apr 15, 2020New fund: Dragoneer Opportunities Fund V SEC EDGAR Form D
- Oct 11, 2018Oct 11, 2018New fund: Dragoneer Investment Group Opportunity Fund IV SEC EDGAR Form D
- May 17, 2017May 17, 2017New fund: Dragoneer Investment Group Opportunity Fund III SEC EDGAR Form D
- Jun 25, 2015Jun 25, 2015New fund: Dragoneer Investment Group Opportunity Fund II SEC EDGAR Form D
Funds
6| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Dragoneer Investment Group Opportunity Fund VII | 2025 | — | Opportunity | As of Jul 15, 2025SEC EDGAR Form D |
| Dragoneer Investment Group Opportunity Fund VI | 2021 | — | Opportunity | As of Sep 29, 2021SEC EDGAR Form D |
| Dragoneer Opportunities Fund V | 2020 | — | Opportunity | As of Apr 15, 2020SEC EDGAR Form D |
| Dragoneer Investment Group Opportunity Fund IV | 2018 | — | Opportunity | As of Oct 11, 2018SEC EDGAR Form D |
| Dragoneer Investment Group Opportunity Fund III | 2017 | — | Opportunity | As of May 17, 2017SEC EDGAR Form D |
Show 1 earlier fund
| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Dragoneer Investment Group Opportunity Fund II | 2015 | — | Opportunity | As of Jul 23, 2015SEC EDGAR Form D |
Portfolio
5 totalRecent Investment Activity
4Track record: led 3 and participated in 1 of 4 tracked venture rounds · 4 in the last 12 months · led 1 primary financing, 1 Series H
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Oct 15, 2026 | Ramp | primary financing | Led | $1.85B | $60B | Dragoneer Investment GroupLeadunverifiedThrive CapitalunverifiedFounders FundunverifiedSands CapitalunverifiedFidelity InvestmentsunverifiedT. Rowe PriceunverifiedD1 Capital PartnersunverifiedGreenoaksunverifiedIconiq CapitalunverifiedGICunverified8VCunverifiedCoatue ManagementunverifiedFirstMark CapitalunverifiedGeneral CatalystunverifiedKhosla VenturesunverifiedLightspeed Venture PartnersunverifiedStripes GroupunverifiedAvenir GrowthD.E. Shaw | Morningstar |
| Jul 13, 2026 | Helsing | Series E | Participated | $1.8B | $18 billion | Thrive CapitalLeadunverifiedDragoneer Investment GroupunverifiedLightspeed Venture PartnersunverifiedDisruptiveunverifiedIconiq CapitalunverifiedGoldman Sachs AlternativesunverifiedJPMorganunverifiedCPP Investments | Pulse story |
| May 28, 2026 | Anthropic | Series H | Led | $65B | $965B | TechCrunch | |
| Feb 2, 2026 | Waymo | funding round | Led | $16B | $126B | Waymo |
Sector / Stage Activity
By sector (portfolio)
AI infra
1 · 20%
Enterprise SaaS
1 · 20%
Defense
1 · 20%
Fintech
1 · 20%
Robotics
1 · 20%
By stage (tracked rounds)
primary financing
1 · 25%
Series E
1 · 25%
Series H
1 · 25%
Co-Investors
12Blackstone · 3 sharedFidelity Investments · 3 sharedGeneral Catalyst · 3 sharedIconiq Capital · 3 sharedLightspeed Venture Partners · 3 sharedAccel · 2 sharedAlkeon Capital · 2 sharedAlpha Wave Global · 2 sharedJosh James · 1 sharedPrima Materia (Daniel Ek) · 1 sharedRyan Smith · 1 sharedTodd Pedersen · 1 shared
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Latest Pulse
- Oct 17, 2026Pulse Tracker Tops $196B, Yet Median Round Is Just $110MValue Add Pulse's funding tracker has logged $196.2 billion across 521 disclosed deals in 2026, but the median round is just $110 million -- a sign capital is concentrating in a handful of giant checks.→
- Oct 16, 2026Value Add Pulse Tracker Tops $196B As Mega-Rounds Pile UpValue Add Pulse's funding tracker has logged $196.2 billion across 521 deals, separate from $44 billion in VC fund closes -- and this week alone added Ramp's $60B valuation and OrbiMed's $3B in new funds.→
- Oct 15, 2026Ramp Hits $60B Valuation | Revenue Tops $2B AnnualizedRamp raised a $1.85 billion primary round led by Dragoneer Investment Group, valuing the corporate card and spend-management startup at $60 billion as its annualized revenue passed $2 billion.→
- Oct 8, 2026Waymo Takes On $5B In Debt To Fuel Robotaxi ExpansionWaymo secured its first-ever debt financing -- a $5 billion loan led by Goldman Sachs with PIMCO, Blackstone and Sixth Street -- to fund robotaxi expansion beyond its 15 current markets without diluting equity holders.→
- Jul 13, 2026Helsing Raises $1.8B, Europe's Biggest Defense RoundMunich-based Helsing closed a $1.8 billion Series E at an $18 billion valuation, Europe's biggest-ever defense-tech round, with Goldman Sachs Alternatives, CPPIB and JPMorgan joining as new investors amid oversubscribed demand.→
Dragoneer Investment Group FAQ
What companies has Dragoneer Investment Group invested in?
Dragoneer Investment Group's portfolio includes Anthropic, Ramp, Waymo, Helsing, Entrata.
Who does Dragoneer Investment Group co-invest with most?
In the rounds Value Add tracks, Dragoneer Investment Group most often invests alongside Blackstone (3 shared deals), Fidelity Investments (3 shared deals), General Catalyst (3 shared deals), Iconiq Capital (3 shared deals), Lightspeed Venture Partners (3 shared deals).
Sources & methodologyshow
Where these figures come from
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- Waymoprimary source1 fact
- CNBCmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.