Venture Capital

DCM Ventures

DCM Ventures (formerly Doll Capital Management, and commonly known as DCM) is an early-stage venture capital firm founded in 1996 by Dixon Doll, a former Accel partner, and David Chao, and headquartered at 2420 Sand Hill Road in Menlo Park, California with additional offices in Beijing and Tokyo. DCM was among the first Silicon Valley firms to build a cross-border, US-Asia investing practice, and typically leads early-stage rounds with checks in the roughly $1M-$5M range, deploying capital into a small group of category-defining companies each year rather than investing broadly. The firm's thesis has evolved from its original focus on communications and semiconductors toward consumer internet and SaaS, and today centers on vertical SaaS, fintech, cross-border innovation, and AI-native applications across the United States, China, Japan, and Southeast Asia. As of 2025 DCM manages approximately $4.5 billion in assets and reports 400+ portfolio companies, 35+ unicorns, and over $150 billion in aggregate market value, with notable investments including SoFi, Bill.com, Kuaishou, Matterport, 51job, Careem, and Sansan.

151 portfolio companies 16 publish APIs here 10 properties
Venture CapitalSeedSeries AEarly StageVertical SaaSFintechConsumerEnterpriseArtificial IntelligenceCross-BorderUnited StatesChinaJapanAsia

DCM Ventures has 151 portfolio companies tracked on the APIs.io network, of which 16 (11%) publish APIs indexed here.

Its highest-rated API providers on the network are Ustream, TikTok, BentoML, Wrike, Symantec.

Portfolio on the Network

Portfolio companies that publish APIs indexed on APIs.io, grouped by their API Evangelist rating. Exemplar and Strong are expanded by default.

Strong 2 Solid coverage with minor gaps
Developing 4 Usable, with meaningful gaps to close
Thin 3 Limited public surface area
Emerging 7 Early or largely undocumented

Rest of Portfolio

135 further portfolio companies that don’t yet have a provider page on the network.

1 Mainstream51job51Talk58.com99BillAkulakuAmber GroupAqrose TechnologyArt19AssuredBaletuBitautoBitTorrentBlindBooheeBrandCTBreathwrkBrigitButtonCADDiCareemCherryChia NetworkCoffee Meets BagelCyclone RoboticsDangdangDerbySoftDevvDisczDocSendDXYEazeEkuaibaoenechainEvenUpEVERSTEELEvery.tvExplomarEZRFancy TechnologyFenxiang LifeFigure MarketsFigure Technology SolutionsFloSportsFlowGPTFondfuboTVFull Truck AllianceFxiaokeGAGO GroupGigaCloud TechnologyGlintsHappy ElementsHERPHims & Hers HealthHireRightHorizonIQHuaunHuixiaoerimbeeInfluenxioJackpocketJubilee TVKezaihuiKuaidian ReadingKuaishouLARQLeapStackLiangzi ZhigeLife360LighthouseLingopalLingXi (Linc Well)Magic MomentMaimaiMendelMetafyMobileumModern AnimalMollyBoxMooveMuselynewmoNok Nok LabsOpenArtOpusPawpPharmaronPicsartPitziPLAYSTUDIOSPlentyPokelaboPony.aiProvenanceRealScoutRenrenRoomiRoostSansanSensors DataSequoiaDBSigFigSirenSkyloSoundCommerceStailerStride HealthTantanTapingoTheta NetworkTiamatTiebaobeiTopXGunTravelBankTumblbugTuniuUCloudUdeskUJETUniUniUrtopiaUxinVendavoVindiciaVIPShopVisasQWandoujiaWeCookWeekend Health (Found)WeshineXinhe TechnologyYaoshibangYQNZ-Trip

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Properties

Portfolio

Where the firm publishes its investments

Team

Partners and investing staff

Firm

The firm itself

Source (apis.yml)

apis.yml Raw ↑
aid: dcm-ventures
name: DCM Ventures
description: >-
  DCM Ventures (formerly Doll Capital Management, and commonly known as DCM) is an early-stage venture
  capital firm founded in 1996 by Dixon Doll, a former Accel partner, and David Chao, and headquartered
  at 2420 Sand Hill Road in Menlo Park, California with additional offices in Beijing and Tokyo. DCM was
  among the first Silicon Valley firms to build a cross-border, US-Asia investing practice, and typically
  leads early-stage rounds with checks in the roughly $1M-$5M range, deploying capital into a small group
  of category-defining companies each year rather than investing broadly. The firm's thesis has evolved
  from its original focus on communications and semiconductors toward consumer internet and SaaS, and today
  centers on vertical SaaS, fintech, cross-border innovation, and AI-native applications across the United
  States, China, Japan, and Southeast Asia. As of 2025 DCM manages approximately $4.5 billion in assets and
  reports 400+ portfolio companies, 35+ unicorns, and over $150 billion in aggregate market value, with
  notable investments including SoFi, Bill.com, Kuaishou, Matterport, 51job, Careem, and Sansan.
image: https://www.dcm.com/favicon.ico
x-type: venture-capital
x-category: Venture Capital
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.20'
tags:
  - Venture Capital
  - Seed
  - Series A
  - Early Stage
  - Vertical SaaS
  - Fintech
  - Consumer
  - Enterprise
  - Artificial Intelligence
  - Cross-Border
  - United States
  - China
  - Japan
  - Asia
apis: []
common:
  - type: Website
    url: https://www.dcm.com/
  - type: Portfolio
    url: https://www.dcm.com/companies
  - type: Portfolio
    url: portfolio/dcm-ventures-portfolio.yml
  - type: Team
    url: https://www.dcm.com/team
  - type: Team
    url: team/dcm-ventures-team.yml
  - type: InvestmentThesis
    url: https://www.dcm.com/about
  - type: Contact
    url: https://www.dcm.com/contact
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/dcm
  - type: LinkedIn
    url: https://www.linkedin.com/company/dcm/
  - type: Twitter
    url: https://twitter.com/dcm_vc
  - type: Features
    data:
      - "Stage: Seed, Series A, Early Stage"
      - "Typical check: ~$1M-$5M (leads early-stage rounds)"
      - "Sectors: vertical SaaS, fintech, consumer internet, enterprise, cross-border, AI-native applications"
      - "Geography: United States, China, Japan, Southeast Asia (US-Asia cross-border)"
      - "AUM: ~$4.5B (as of 2025)"
      - "Portfolio: 400+ companies, 35+ unicorns, $150B+ aggregate market value (self-reported)"
      - "Founded: 1996"
      - "HQ: 2420 Sand Hill Road, Menlo Park, California, USA (offices in Beijing and Tokyo)"
    sources:
      - https://www.dcm.com/about
      - https://en.wikipedia.org/wiki/DCM_Ventures
      - https://www.dcm.com/companies
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: info@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: DCM Ventures
    url: https://www.dcm.com/