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CorporateVentureCapital.com

CapitalG

Profile, fund size and portfolio

Parent Alphabet Inc.HQ San Francisco, United StatesFounded 2013

CapitalG is the corporate venture arm of Alphabet Inc. (technology). It was founded in 2013 and is based in San Francisco, United States. It invests from Series A to Series C+ in software, security, fintech.

Assets under managementS16
USD 7bn
Companies backedS3
96
IPOsS3
16
M&A exitsS3
13

Every figure links to its source

Snapshot

Investment stage: Series A to Series C+
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeries A to Series C+
SectorsSoftware, Security, Fintech, Data, AI, Infrastructure
GeographyNorth America, Europe
OfficesSan Francisco, United States

Sources: S4 CapitalG portfolio detail pages (initial investment year and round); S12 CapitalG conversation with Managing Partner Laela Sturdy (30 Aug 2023).

Graphic 1 of 3

Investment stage: Series A to Series C+

Investment stage: Series A to Series C+Bar showing CapitalG invests from series a to series c+. Sector chips: software, security, fintech, data, ai, infrastructure. Geography: North America, Europe.Investment stage: Series A to Series C+CapitalGSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stagePORTFOLIO MIXPortfolio by the firm's own tags, share of 96 companiesInitial round: Series B12.5% (12)Initial round: Not stated12.5% (12)Initial round: Series D9.4% (9)Initial round: Series C6.3% (6)Initial round: Series A3.1% (3)GEOGRAPHYNorth AmericaEuropeCorporateVentureCapital.comSources: S4, S12, listed on the profile
Data behind this graphic
ItemValue
Stage rangeSeries A to Series C+
SectorsSoftware, Security, Fintech, Data, AI, Infrastructure
GeographyNorth America, Europe
OfficesSan Francisco, United States

Sources: S4 CapitalG portfolio detail pages (initial investment year and round); S12 CapitalG conversation with Managing Partner Laela Sturdy (30 Aug 2023).

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Investments closed by company type
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
Initial round: Series B1226.1%
Initial round: Not stated1226.1%
Initial round: Series D919.6%
Initial round: Series C613%
Initial round: Series A36.5%
Initial round: Series E24.3%
Initial round: Series G12.2%
Initial round: Series F12.2%

A company can carry more than one tag

Sources: S4 CapitalG portfolio detail pages (initial investment year and round).

Graphic 2 of 3

Investments closed by company type

Investments closed by company typeDonut chart of portfolio by the firm's own tags: Initial round: Series B 26.1%, Initial round: Not stated 26.1%, Initial round: Series D 19.6%, Initial round: Series C 13%, Initial round: Series A 6.5%, Initial round: Series E 4.3%, Other (2 tags) 4.3%.Investments closed by company typeCapitalG · Portfolio by the firm's own tags46TAGS ON 96 COMPANIESInitial round: Series B26.1% 12Initial round: Not stated26.1% 12Initial round: Series D19.6% 9Initial round: Series C13% 6Initial round: Series A6.5% 3Initial round: Series E4.3% 2Other (2 tags)4.3% 2CorporateVentureCapital.comSource: CapitalG portfolio detail pages (initial investment year and round)
Data behind this graphic
ItemCompaniesShare
Initial round: Series B1226.1%
Initial round: Not stated1226.1%
Initial round: Series D919.6%
Initial round: Series C613%
Initial round: Series A36.5%
Initial round: Series E24.3%
Initial round: Series G12.2%
Initial round: Series F12.2%

A company can carry more than one tag

Sources: S4 CapitalG portfolio detail pages (initial investment year and round).

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 7bnAssets under managementStated by the firm or its parentS16
Companies backed96companiesStated by the firmS3
IPOs16IPOsStated by the firmS3
M&A exits13exitsStated by the firmS3
Companies on the firm's portfolio page96companiesCounted from the firm's own listS3

Sources: S16 TechCrunch: inside Alphabet's $7 billion growth-stage arm CapitalG (16 Feb 2024); S3 CapitalG portfolio (IPO and ACQUIRED tags).

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedCapitalG headline size USD 7bn, basis: Assets under management. Dot strip of 4 published counts: Companies backed 96; IPOs 16; M&A exits 13; Companies on the firm's portfolio page 96.Scale and capital allocatedCapitalGUSD 7bnASSETS UNDER MANAGEMENTCOUNTS THE FIRM AND ITS PAGES PUBLISH10100Companies backed96 companiesIPOs16 IPOsM&A exits13 exitsCompanies on the firm's portfolio page96 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSources: S16, S3, listed on the profile
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 7bnAssets under managementStated by the firm or its parentS16
Companies backed96companiesStated by the firmS3
IPOs16IPOsStated by the firmS3
M&A exits13exitsStated by the firmS3
Companies on the firm's portfolio page96companiesCounted from the firm's own listS3

Firms and databases count companies, rounds and investments differently.

Sources: S16 TechCrunch: inside Alphabet's $7 billion growth-stage arm CapitalG (16 Feb 2024); S3 CapitalG portfolio (IPO and ACQUIRED tags).

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Where it invests and who leads it

Geography

Headquarters
San Francisco, United States
Offices
  • San Francisco, United States

Investment regionsS4S12

  • North America
  • Europe

LeadersS5S6S7S8S9

CapitalG on LinkedIn

Key facts

FactValueStatusSource
Parent companyAlphabet Inc. (Nasdaq: GOOGL, GOOG)Single sourceS12
Parent industryTechnologySingle sourceS12
Founded2013Single sourceS19
HeadquartersSan Francisco, United StatesSingle sourceS16
StatusActiveSingle sourceS1
Capital sourceParent company onlySingle sourceS12
Headline sizeUSD 7bn (Assets under management)Single sourceS16
Companies backed96Single sourceS3
Exits29 total, 16 IPOs, 13 M&ASingle sourceS3
People on the team page22Single sourceS2
StagesSeries A, Series B, Series C+Single sourceS4

Portfolio

The firm's portfolio page lists 96 companies: 29 exited.S3

Portfolio by the firm's own tags. A company can carry more than one tagS4
TagCompaniesShare
Initial round: Series B1212.5%
Initial round: Not stated1212.5%
Initial round: Series D99.4%
Initial round: Series C66.3%
Initial round: Series A33.1%
Initial round: Series E22.1%
Initial round: Series G11%
Initial round: Series F11%

Shared portfolio with other corporate VCs

26 companies on the CapitalG portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company name across the firms' own lists.

FirmSharedCompanies in common
GV9Gusto, Robinhood, Stripe, Cribl, Isomorphic Labs, Monzo, and 3 more
Salesforce Ventures6Lovable, Gusto, Robinhood, Stripe, Databricks, SurveyMonkey
NVentures4Lovable, Abridge, Physical Intelligence, Bedrock Robotics
Databricks Ventures3Lovable, LangChain, OpenRouter
Cisco Investments3LangChain, Expel, Orca Security
HubSpot Ventures2Lovable, Clay
Comcast Ventures2Lyft, FanDuel
Kaiser Permanente Ventures1Abridge
Rakuten Capital1Lyft
Amazon Industrial Innovation Fund1Physical Intelligence
Qualcomm Ventures1Cloudflare
LG Technology Ventures1K2 Space

Companies backed by the most corporate VCs

Every company on the CapitalG list

96 companies, as listed on the firm's own website: 67 listed, 29 exited.S3 Read the firm's list.

Listed 67

  • Abridge
  • Albert
  • AlphaSense
  • Applied Systems
  • Aye
  • Base Power
  • Baseten
  • Bedrock Robotics
  • BMI
  • Canva
  • CarDekho
  • Celero Communications
  • Chief
  • Clay
  • Clio
  • Collibra
  • Constant Contact
  • Coupa
  • Cribl
  • Databricks
  • Dataiku
  • Digital Currency Group
  • DTEX
  • Duck Creek Technologies
  • Duna
  • Everlaw
  • Expel
  • Farther
  • Fireblocks
  • Grafana Labs
  • Gusto
  • Hadrian
  • ID.me
  • Isomorphic Labs
  • K2 Space
  • Kalshi
  • LangChain
  • Lovable
  • Magic
  • Monzo
  • Motif
  • MX
  • New Relic
  • Newfold Digital
  • nEye
  • NinjaOne
  • Odoo
  • OMNIA Partners
  • OpenRouter
  • Orca Security
  • Pennylane
  • Physical Intelligence
  • Pindrop
  • Ping Identity
  • Proof
  • Rippling
  • Salt Security
  • Stripe
  • Strive Health
  • TeamSystem
  • Tebi
  • Thumbtack
  • Unqork
  • Verkada
  • Waymo
  • Webflow
  • Whatnot

Exited 29

  • Airbnb
  • Armis
  • Astound
  • Care.com
  • Cloudflare
  • Credit Karma
  • CrowdStrike
  • Dreamer
  • Duolingo
  • Empower Semiconductor
  • FanDuel
  • Freshworks
  • Full Truck Alliance
  • Glassdoor
  • Innolight
  • LendingClub
  • Looker
  • Lyft
  • MANTL
  • MultiPlan
  • Next Insurance
  • Niantic
  • Oscar
  • Renaissance
  • Robinhood
  • Snap
  • SurveyMonkey
  • UiPath
  • Zscaler

Investments by year

YearNewFollow-onTotalSource
20141S4
20153S4
20161S4
20181S4
20194S4
20202S4
20213S4
20221S4
20233S4
20246S4
202513S4
20268S4

For founders

ItemWhat the firm saysSource
StagesSeries A, Series B, Series C+S4
Check size, GrowthUSD 50M to USD 200MS16
Check size, GrowthFrom USD 75MS12
Leads roundsYes. "Led by CapitalG"S14

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2026-05-26OpenRouterSeries BNot statedYesS14

History

  1. Operating from 2013 as Google Capital.S19
  2. Google Capital publicly announced 19 Feb 2014 with three launch partners.S17
  3. Renamed CapitalG on 4 Nov 2016.S18
  4. Laela Sturdy becomes head of the fund.S16
  5. Jill Chase and Alex Nichols named General Partners (21 Jan 2026); 2026 advisory board announced 3 Mar.S13

Official pages

Read the firm's own pages for current information.

Sources

  1. S1CapitalG homeFirm
  2. S2CapitalG teamFirm
  3. S3CapitalG portfolio (IPO and ACQUIRED tags)Firm
  4. S4CapitalG portfolio detail pages (initial investment year and round)Firm
  5. S5CapitalG: Laela Sturdy pageFirm
  6. S6CapitalG: Gene Frantz pageFirm
  7. S7CapitalG: James Luo pageFirm
  8. S8CapitalG: Jill Greenberg Chase pageFirm
  9. S9CapitalG: Alex Nichols pageFirm
  10. S12CapitalG conversation with Managing Partner Laela Sturdy (30 Aug 2023)Firm
  11. S13CapitalG: newest general partners Jill Chase and Alex Nichols (21 Jan 2026)Firm
  12. S14CapitalG: leading OpenRouter's Series B (26 May 2026)Firm
  13. S16TechCrunch: inside Alphabet's $7 billion growth-stage arm CapitalG (16 Feb 2024)Press
  14. S17Google blog: Google Capital, investing in growth (19 Feb 2014)Parent company
  15. S18TechCrunch: Google Capital changes its name to CapitalG (4 Nov 2016)Press
  16. S19Wikipedia: CapitalGPress
  17. S21SEC EDGAR submissions: Alphabet Inc. (CIK 0001652044)Filing

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by CapitalG or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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