Growth Equity

Dragoneer Investment Group

Dragoneer Investment Group is a San Francisco-based growth-oriented investment firm founded in 2012 by Marc Stad, a former TPG Capital and McKinsey investor. Dragoneer deploys long-duration capital across both public and private markets, concentrating on late-stage, high-growth technology companies rather than early-stage seed bets. In private markets it runs growth-equity funds that back category-leading private technology companies; in public markets it manages long-only strategy funds invested in listed technology businesses. Its capital comes from institutional limited partners including endowments, foundations, sovereign wealth funds, and family offices, and the firm is known for a patient, concentrated, founder-friendly approach that avoids traditional turnover. Dragoneer manages roughly $22B-$30B+ in assets under management (2024-2025), with sector focus spanning enterprise software, fintech and financial services, consumer internet, and artificial intelligence. The firm also sponsored a series of Dragoneer Growth Opportunities SPACs (which took CCC Intelligent Solutions and Cvent public) and is headquartered at the Letterman Digital Arts Center in San Francisco. Notable investments include Uber, Airbnb, Snowflake, Databricks, Slack, Spotify, DoorDash, Nubank, OpenAI, and Anthropic.

41 portfolio companies 41 publish APIs here 5 properties
Venture CapitalGrowth EquityLate StageCrossoverArtificial IntelligenceFintechEnterpriseConsumer InternetTechnologySan FranciscoNorth America
Portfolio Strength across 41 profiled portfolio companies on the network
11 top-rated API companies 3 exemplar · 8 strong
15 agent-ready companies 1 agent-native · 14 agent-ready
Average quality of the book:
Composite thin 36.2
Agent-Readiness agent-aware 20.0

Firms are ranked by cumulative portfolio strength — how many highly-rated API companies they've backed, weighted by tier across composite quality and agent-readiness. The averages below are a secondary read on the typical company in the book.

Dragoneer Investment Group has 41 portfolio companies tracked on the APIs.io network, of which 41 (100%) publish APIs indexed here.

Its highest-rated API providers on the network are OpenAI, Anthropic, Klarna, Instacart, Slack.

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.

Exemplar 3 Complete, well-documented, and agent-ready
Strong 8 Solid coverage with minor gaps
Developing 10 Usable, with meaningful gaps to close
Thin 7 Limited public surface area
Emerging 8 Early or largely undocumented
Minimal 5 Almost no public developer surface

Properties

Portfolio

Where the firm publishes its investments

Firm

The firm itself

Cohort brief

Auto-generated

The 41 portfolio companies with APIs in the catalog, backed by Dragoneer Investment Group, scored on the Kin Score. Every figure below is computed from the catalog — nothing here is written.

Providers
41
all scored
Mean Kin Score
34.7
+14.0 vs catalog 20.7
Mean Agent Readiness
20.1
+10.4 vs catalog 9.7
Spread
2.5–68.6
median 34.7 · σ 19.7
How the 41 split by band
Exemplar 1Strong 9Developing 7Thin 10Emerging 8Minimal 6
Facet averages, against the whole catalog
FacetThis cohortCatalogDifferenceScored
Contract Quality 42.8 17.5 +25.3 41
Access Clarity 36.1 22.3 +13.8 41
Operational Transparency 24.3 11.3 +13 41
Developer Ergonomics 30 17.9 +12.1 41
Contract Governance 11.4 6.4 +5 41
Discoverability 64.9 60.4 +4.5 41

A facet is averaged over the members that carry it, not over the whole cohort — the “Scored” column is that count. Averaging an absent facet as zero would score our own coverage gaps as the providers’ posture.

What this cohort publishes
ArtifactThis cohortCatalogDifference
MCP server (any) 22% 16% +6
MCP server (first-party) 5% 7% -2
Agent Skills 0% 0% 0
OAuth scopes 27% 9% +18
Security 100% 88% +12
Arazzo workflows 22% 2% +20
Governance rules 51% 13% +38

mcp_pct counts any mcp/ artifact including ones API Evangelist derived from the provider OpenAPI; mcp_first_party_pct counts only servers the provider publishes. Prefer the latter.

Top by Kin Score
  1. 1 Anthropic 68.6
  2. 2 OpenAI 64.2
  3. 3 Etsy 64.1
  4. 4 Slack 62.3
  5. 5 UiPath 61.7
  6. 6 Databricks 59.1
  7. 7 Microsoft Azure 57.3
  8. 8 Atlassian 54.7
  9. 9 Snowflake 54.6
  10. 10 Snap 54.5
Top by Agent Readiness
  1. 1 Microsoft Azure 49.6
  2. 2 Atlassian 41.9
  3. 3 Snap 41.4
  4. 4 Databricks 40.1
  5. 5 Anthropic 38.1
  6. 6 OpenAI 37.7
  7. 7 Klarna 37.3
  8. 8 doordash 36
  9. 9 Snowflake 35.8
  10. 10 Etsy 33.8
All 41 members of this roster resolve to a scored provider in the catalog.Generated from the catalog build of 25 August 2026, across 26891 providers, using the same computation served by the APIs.io cohort API. Briefs are published for rosters of 5 or more scored providers; below that a distribution is not meaningful.

Source (apis.yml)

apis.yml Raw ↑
aid: dragoneer
name: Dragoneer Investment Group
description: >-
  Dragoneer Investment Group is a San Francisco-based growth-oriented investment firm founded in 2012 by
  Marc Stad, a former TPG Capital and McKinsey investor. Dragoneer deploys long-duration capital across both
  public and private markets, concentrating on late-stage, high-growth technology companies rather than
  early-stage seed bets. In private markets it runs growth-equity funds that back category-leading private
  technology companies; in public markets it manages long-only strategy funds invested in listed technology
  businesses. Its capital comes from institutional limited partners including endowments, foundations,
  sovereign wealth funds, and family offices, and the firm is known for a patient, concentrated,
  founder-friendly approach that avoids traditional turnover. Dragoneer manages roughly $22B-$30B+ in assets
  under management (2024-2025), with sector focus spanning enterprise software, fintech and financial
  services, consumer internet, and artificial intelligence. The firm also sponsored a series of Dragoneer
  Growth Opportunities SPACs (which took CCC Intelligent Solutions and Cvent public) and is headquartered at
  the Letterman Digital Arts Center in San Francisco. Notable investments include Uber, Airbnb, Snowflake,
  Databricks, Slack, Spotify, DoorDash, Nubank, OpenAI, and Anthropic.
deliveryModel:
  model: unknown
  open_source: false
  commercial: false
  callable_host: false
  label: Delivery model not determined — needs a product licence on record
  confidence: low
  source:
  - none
  generated: '2026-08-28'
  method: derived
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://cdn.prod.website-files.com/67d468571abba14b3eeb3ed0/67e3fcd6515adb64f6692812_Dragoneer.svg
x-type: venture-capital
x-category: Growth Equity
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.23'
tags:
  - Venture Capital
  - Growth Equity
  - Late Stage
  - Crossover
  - Artificial Intelligence
  - Fintech
  - Enterprise
  - Consumer Internet
  - Technology
  - San Francisco
  - North America
apis: []
common:
  - type: Website
    url: https://www.dragoneer.com/
  - type: Portfolio
    url: portfolio/dragoneer-portfolio.yml
  - type: Contact
    url: https://www.dragoneer.com/contact
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/dragoneer-investment-group
  - type: LinkedIn
    url: https://www.linkedin.com/company/dragoneer-investment-group-llc
  - type: Features
    data:
      - "Stage: Growth / Late-stage (private growth equity + public long-only)"
      - "Sectors: enterprise software, fintech & financial services, consumer internet, artificial intelligence"
      - "Geography: Global technology; HQ United States"
      - "AUM: ~$22.6B (2024), reported $30B+ (late 2025)"
      - "Founded: 2012"
      - "Founder: Marc Stad"
      - "HQ: Letterman Digital Arts Center, San Francisco, California, USA"
      - "Structure: Long-duration institutional capital (endowments, foundations, sovereign wealth funds, family offices)"
    sources:
      - https://www.dragoneer.com/
      - https://en.wikipedia.org/wiki/Dragoneer_Investment_Group
      - https://www.linkedin.com/company/dragoneer-investment-group-llc
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: info@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Dragoneer Investment Group
    email: information@dragoneer.com
    url: https://www.dragoneer.com/

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