IDG Ventures

ActiveVenture Capital

Updated: Dec 5, 2025 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jul 1, 2025	Firestorm	$35.0M Series A	—	Afore Capital, Alumni Ventures, Craft Ventures, DN Capital, Floodgate, Giant Ventures, Harpoon, LAUNCH, McCarthy Capital, Aaron Jacobson, New Enterprise Associates, Alexander Rosen, Scout Ventures, SignalFire, Slow Ventures, Y Combinator, Drew Houston, Emmett Shear, Kyle Vogt
Jan 1, 2025	Medsender	$5.0M Series A	—	Altair Capital Management, Ballast Point Ventures, B Capital Group, DNX Ventures, Alexander Rosen, Thayer Ventures, Erik Blachford, Vivek Garipalli
Oct 1, 2024	Enrola	$800K Seed	—	AfterWork Ventures, Avalanche VC, Canvas Ventures, Meritech Capital Partners, Pareto Holdings, Alexander Rosen, Bradley Horowitz, Frederic Kerrest, Jeremy Stoppelman, Kevin Stumpf, Michael Stoppelman, Ron Pragides, Ryan Carlson, Tushar Garg
Aug 1, 2024	Besty AI	$2.0M Seed	—	Alchemist Accelerator, Bungalow Capital, Jackson Square Ventures, Akriti Dokania, Alexander Rosen, Ridge Ventures, Saga
Mar 1, 2024	Edunoor	$12.0M Series C	—	FasterCapital, Alexander Rosen, Sure, The Hit Forge, Don Hutchison, Gil Elbaz
Mar 1, 2024	PipeDreams	$26.0M Seed	—	2xN, AfterWork Ventures, Allison Pickens Ventures, formerly The New Normal Fund, Alumni Ventures, Avalanche VC, Bond, Canvas Ventures, Conviction Partners, Scott Hartley, Flexcap, Flucas Ventures, Founders Fund, Incisive Ventures, Meritech Capital Partners, Modern Venture Partners, Paradigm, Pareto Holdings, Pear VC, Alexander Rosen, Social Capital, Stellar Capital, Unpopular Ventures, bill weathersby, Bradley Horowitz, Claire Diaz-Ortiz, Elad Gil, Frederic Kerrest, George Godula, Jeremy Stoppelman, John Collison, Julian Shapiro, Karim Atiyeh, Kevin Stumpf, Mandeep Singh, Michael Stoppelman, Ron Pragides, Ryan Carlson, Tushar Garg
Feb 1, 2024	Pitch Warrior	$30K Seed	—	FasterCapital, Alexander Rosen, Sure, The Hit Forge, Don Hutchison, Gil Elbaz
Nov 1, 2023	OfferFit	$25.0M Series B	—	8-Bit Capital, Atomico, Broadway Angels, Canvas Ventures, Cherry Ventures, DST Global, EQT Ventures, Fortress Investment Group, Founders Fund, Menlo Ventures, Philip Chopin, Scott Sandell, Recursive Ventures, Alexander Rosen, Ridge Ventures, Sapphire Ventures, super{set}, The Hit Forge, Uncorrelated Ventures, Y Combinator, Adam D'Angelo, Eric Chernoff, Jonathan Swanson, Kim Perell, Nicolas Berggruen
Oct 1, 2023	Espresa	$23.0M Series A	—	Clear Ventures, Alexander Rosen, WestWave Capital
Sep 1, 2023	Pixis	$85.0M Series C	—	Airtree Ventures, Amasia, Amplify Partners, Audrey Capital, Avalon Ventures, Cedar Capital Group, Celesta, Dell Technologies Capital, Five Sigma, Fuel Capital, Genoa Ventures, Heavybit, Madrona Ventures, Alexander Rosen, Gil Penchina, Salesforce Ventures, Softbank Group, SoftBank Investment Advisers, Tiger Global Management, Vertex Ventures, Alex Payne, Eric Ries, Jeremy LaTrasse, Kyle York, Mark Williamson
Jan 1, 2023	Frontrow Health	$3.0M Seed	—	Arrive, John Lyman, Hilltop Venture Partners, Humba Ventures, Next Coast Ventures, PVCP, Alexander Rosen, Tectonic Capital
Jun 1, 2022	Personio	$200.0M Series E	—	468 Capital, Accel, AfterWork Ventures, AngelList Syndicator, Animoca Brands, Antler, Atypical Ventures, Avalanche VC, Canvas Ventures, Cherry Ventures, Citi Ventures, CRV, Ali Tamaseb, Double Prime LLP, Earlybird Venture Capital, Founders Fund, Fuse Venture Partners, Global Founders Capital, Greenoaks Capital, HV Capital, Index Ventures, Insight Partners, Insignia Ventures Partners, Iris Capital, LAUNCHub Ventures, LEA Partners, Lightspeed Venture Partners, lool ventures, Meritech Capital Partners, Northzone, Notion Capital, Paradigm, Pareto Holdings, QED Investors, Alexander Rosen, Scalar Capital, Sequoia Capital, Singular, Streamlined Ventures, The Hit Forge, TLV Partners, Vera Equity, Visionaries Club, WestCap, Wing Venture Capital, Andrew Robb, Augusto Marietti, Berkay Mollamustafaoglu, Bradley Horowitz, Frederic Kerrest, Gokul Rajaram, Ivan Mazour, Jeremy Stoppelman, Kevin Stumpf, Konstantin von Unger, Louis Beryl, Maria Raga, Michael Stoppelman, Mike Vernal, Nedelcho Spasov, Roland Berger, Ron Pragides, Ryan Carlson, Stanimir Vassilev, Svetozar Georgiev, Tobin Ireland, Tushar Garg, Vitalik Buterin
Jun 1, 2022	Outlier	$4.0M Seed	—	Arrive, John Lyman, Hilltop Venture Partners, Humba Ventures, Next Coast Ventures, PVCP, Alexander Rosen, Tectonic Capital, Scot Wingo
Mar 1, 2022	Swiftly	$100.0M Series B	—	Altair Capital Management, Ballast Point Ventures, B Capital Group, DNX Ventures, Alexander Rosen, Thayer Ventures, Erik Blachford
Jan 1, 2022	Pixis	$100.0M Series C	—	Access Industries, AirAngels, Amplify Partners, Audrey Capital, Avalon Ventures, Celesta, Dell Technologies Capital, Fuel Capital, Genoa Ventures, Heavybit, Oak HC/FT, Alexander Rosen, Gil Penchina, SoftBank Investment Advisers, Vertex Ventures, Alex Payne, Bill Ackman, Eric Ries, Jeremy LaTrasse, Kyle York, Mark Williamson
Jan 1, 2022	Skippet	$2.0M Seed	—	Adverb Ventures, AfterWork Ventures, Avalanche VC, Broadway Angels, Canvas Ventures, Canyon Creek, DX Ventures, Freestyle Capital, Haystack, LGF, Mangrove Capital Partners, Meritech Capital Partners, Moxxie Ventures, NEO, One Planet Group, Pareto Holdings, Pitbull Ventures, Renegade Partners, Alexander Rosen, Root Ventures, Scribble Ventures, Sequoia Capital, Silicon Valley Connect, Think + Ventures, YLEM, Aston Motes, Bradley Horowitz, Christian Reber, Farhad Mohit, Frederic Kerrest, Gokul Rajaram, Jeff Seibert, Jeremy Stoppelman, Kevin Stumpf, Michael Stoppelman, Moshe Lifschitz, Ron Pragides, Russell Cook, Ryan Carlson, Scott Banister, Tushar Garg, Wayne Chang
Jan 1, 2022	Prof Jim	$1.0M Seed	—	AfterWork Ventures, Avalanche VC, Canvas Ventures, Meritech Capital Partners, Pareto Holdings, Alexander Rosen, Bradley Horowitz, Frederic Kerrest, Jeremy Stoppelman, Kevin Stumpf, Michael Stoppelman, Ron Pragides, Ryan Carlson, Tushar Garg
Jan 1, 2022	Walnut	$35.0M Series B	—	2.12 Angels, A Capital, AfterWork Ventures, Avalanche VC, Cadenza Capital Management, Canvas Ventures, Castle Island Ventures, Cyberstarts VC, Eight Roads Ventures, Felicis Ventures, Meritech Capital Partners, NFX, Pareto Holdings, Alexander Rosen, Sanofi Ventures, SV Angel, The Hit Forge, Twenty Two Ventures, Webtalk Ltd, Y Combinator, Adrian Aoun, Alex Sok, Ameet Patel, Ariel Maislos, Bradley Horowitz, Frederic Kerrest, Jeremy Stoppelman, Kevin Stumpf, Michael Ma, Michael Stoppelman, Ronny Conway, Ron Pragides, Scott Belsky, Sumon Sadhu, Tushar Garg, Yuval Weisglass
Jan 1, 2022	Modumate	$3.0M Seed	—	AfterWork Ventures, Avalanche VC, Canvas Ventures, Meritech Capital Partners, Pareto Holdings, Alexander Rosen, Bradley Horowitz, Frederic Kerrest, Kevin Stumpf, Michael Stoppelman, Ron Pragides, Ryan Carlson, Tushar Garg
Dec 1, 2021	Casa	$21.0M Series A	—	AfterWork Ventures, AirAngels, Alt Capital, Avalanche VC, Awesome People Ventures, Balderton Capital, Canvas Ventures, Castle Island Ventures, Citi Ventures, Earl Grey Capital, Footwork, Gigafund, Gradient Ventures, Great Oaks Venture Capital, Hoxton Ventures, ICONIQ Capital, Insight Partners, Lowercarbon Capital, Meritech Capital Partners, Not Boring Capital, Pareto Holdings, Preston-Werner Ventures, Radical Ventures, Alexander Rosen, Spero Ventures, Supercharge.vc, The Hit Forge, Tribe Capital, UpHonest Capital, Vibe Capital, Zigg Capital, Allison Pickens (Allison Pickens Ventures), Arash Ferdowsi, Bradley Horowitz, Christian Reber, Derrick Li, Ed Zimmerman, James Beshara, Jeremy Stoppelman, Josh Spear, Justin Mateen, Kevin Stumpf, Michael Stoppelman, Mike Greenfield, Ron Pragides, Ryan Carlson, Scott Belsky, Tushar Garg
Dec 1, 2021	Smartling	$160.0M Series E	—	Accelerator Ventures, Angular Ventures, Battery Ventures, CoinFund, CRV, Felicis Ventures, Greylock, Insight Partners, Alexander Rosen, Tenaya Capital, Steve Krausz, Daniel Shinar
Dec 1, 2021	LiveFlow	$4.0M Seed	—	20VC, 2xN, 99 Startups, AfterWork Ventures, ALLVP, Alpha4 ventures, Alumni Ventures, Animoca Brands, Avalanche VC, BITKRAFT Ventures, Bond, Canaan Partners, Canvas Ventures, Cherry Ventures, Coatue, Credo Ventures, Curious Capital, Double Prime LLP, Dunce Capital, Earlybird Venture Capital, eCapital Entrepreneurial Partners, Element Ventures, Jenny Fielding, Scott Hartley, FasterCapital, Flexcap, Flucas Ventures, foobar.vc, Gecad Ventures, Global Founders Capital, Incisive Ventures, Infinity Ventures Crypto, La Famiglia, Latitud, Lightspeed Venture Partners, Mechanism Capital, Meritech Capital Partners, MMC Ventures, Modern Venture Partners, monashees, Moonfire Ventures, Ann Bordetsky, New Enterprise Associates, Night Ventures, Hans Tung, Outrun Ventures, Pareto Holdings, Picus Capital, Play Ventures, Presight Capital, Alexander Rosen, Seedcamp, Seed Club Ventures, Shorea Ventures, Silence, Social Capital, Target Global, Torch Capital, Tribe Capital, Unpopular Ventures, Valar Ventures, Ryan Zurrer, XAnge, Xochi Ventures, Y Combinator, Aleksander Leonard Larsen, Alexis Bonillo, Andrew Jones, Anna Yuan, Antoine Martin, Ariel Lambrecht, Bastian Nominacher, Bradley Horowitz, Brandon Krieg, Chris Murphy, Chris Schagen, Christian Reber, Claire Diaz-Ortiz, David Vélez, Felix Jahn, Frederic Kerrest, George Godula, Gloria Baeuerlein, Gokul Rajaram, Guillaume Princen, Hanno Renner, Hubert Thieblot, Jeppe Rindom, Jeremy Stoppelman, Johan Lorenzen, Julian Shapiro, Justin Mateen, Karim Atiyeh, Kevin Stumpf, Laurent Ritter, Mads Fosselius, Mandeep Singh, Manolo Atala, Michael Levinthal, Michael Stoppelman, Mik Attisani, Nicky Goulimis, Oleg Tscheltzoff, Oliver Jung, Philippe Teixeira da Mota, Phillip Chambers, Raffael Johnen, Ricardo Weder, Ron Pragides, Ryan Carlson, Sahin Boydas, Sebastien Borget, Sergio Furio, Thomas Vu, Tushar Garg, Victor Jacobsson, Vlad Ionescu
Nov 1, 2021	Outlier	$2.0M Seed	—	Arrive, John Lyman, Hilltop Venture Partners, Humba Ventures, Next Coast Ventures, PVCP, Alexander Rosen, Tectonic Capital
Oct 1, 2021	Dragos	$200.0M Series D	—	Accel, BMW i Ventures, Canaan Partners, Cisco Investments, Clearvision Ventures, Energy Impact Partners, Foundation Capital, Greylock, Ignition Partners, Microsoft, National Grid Partners, NewView Capital, Norwest Venture Partners, Plug & Play Ventures, Alexander Rosen, rocketship.vc, Telstra Ventures, TotalEnergies Ventures, Verve Ventures, Wing Venture Capital, Alexander Weiss, Munish Varma, Susana Quintana-Plaza
Oct 1, 2021	Personio	$270.0M Series E	—	468 Capital, Accel, AfterWork Ventures, AngelList Syndicator, Animoca Brands, Antler, Atypical Ventures, Avalanche VC, Canvas Ventures, Cherry Ventures, Citi Ventures, CRV, Ali Tamaseb, Double Prime LLP, Earlybird Venture Capital, Founders Fund, Fuse Venture Partners, Global Founders Capital, Greenoaks Capital, HV Capital, Index Ventures, Insight Partners, Insignia Ventures Partners, Iris Capital, LAUNCHub Ventures, LEA Partners, Lightspeed Venture Partners, lool ventures, Meritech Capital Partners, Northzone, Notion Capital, Paradigm, Pareto Holdings, QED Investors, Alexander Rosen, Scalar Capital, Sequoia Capital, Singular, Streamlined Ventures, The Hit Forge, TLV Partners, Vera Equity, Visionaries Club, WestCap, Wing Venture Capital, Andrew Robb, Augusto Marietti, Berkay Mollamustafaoglu, Bradley Horowitz, Frederic Kerrest, Gokul Rajaram, Ivan Mazour, Jeremy Stoppelman, Kevin Stumpf, Konstantin von Unger, Louis Beryl, Maria Raga, Michael Stoppelman, Mike Vernal, Nedelcho Spasov, Roland Berger, Ron Pragides, Ryan Carlson, Stanimir Vassilev, Svetozar Georgiev, Tobin Ireland, Tushar Garg, Vitalik Buterin

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at IDG Ventures.

Leadership Team

Key people at IDG Ventures.

Deep Dive

High-Level Overview

IDG Ventures is a global venture capital firm specializing in early-stage investments across a broad range of sectors including technology, media, telecommunications, healthcare, financial services, consumer products, and clean tech. Founded in 1996, the firm focuses on identifying and nurturing innovative companies with high growth potential by combining deep local expertise with a global perspective. IDG Ventures supports its portfolio companies not only with capital but also through strategic guidance, business development, marketing, and recruitment assistance to help them scale internationally and achieve sustainable growth. The firm has a strong track record, having funded more than half of all Chinese unicorns in their early rounds, with notable investments in companies like Baidu, Tencent, Xiaomi, Meituan, and iQiyi[1][3].

Origin Story

IDG Ventures was established in 1996 by International Data Group (IDG) as a family of venture funds initially funded solely by IDG. The first fund was launched in San Francisco, followed by expansions into Europe, Asia (Vietnam, India, Korea), and the United States (Boston). Over time, the Boston fund rebranded as Flybridge Capital Partners and separated from IDG Ventures. In 2017, IDG Capital and China Oceanwide Holdings Group acquired IDG and its subsidiaries, making IDG Capital the controlling shareholder of IDG Ventures. This acquisition marked a significant evolution, with IDG Capital operating independently from the original IDG publishing and media businesses[1][2][3].

Core Differentiators

Global Footprint with Local Expertise: IDG Ventures operates multiple locally-managed funds across China, Vietnam, India, Korea, and the United States, leveraging deep regional knowledge combined with global resources[3][5].
Broad Sector Focus: Unlike many VCs that specialize narrowly, IDG Ventures invests across diverse industries including technology, healthcare, media, financial services, clean tech, and consumer sectors[1].
Strong Track Record: The firm has backed numerous high-profile companies that became market leaders and unicorns, demonstrating its ability to identify disruptive innovation early[1][3].
Comprehensive Support: Beyond capital, IDG Ventures offers portfolio companies strategic guidance, marketing, recruitment, and global scaling support, enhancing their growth trajectory[1][2].
Network Strength: The firm’s connection to IDG’s extensive industry resources and strategic partners worldwide provides a robust ecosystem for portfolio companies[1][2].

Role in the Broader Tech Landscape

IDG Ventures rides the wave of globalization and digital transformation by investing in startups that leverage technology to disrupt traditional industries. Its timing aligns with the rapid growth of emerging markets, especially in Asia, where digital adoption and consumer markets are expanding swiftly. The firm’s global-local hybrid model allows it to capitalize on market forces such as increasing internet penetration, mobile technology adoption, and rising middle-class consumer demand. By supporting companies that become regional and global leaders, IDG Ventures influences the broader startup ecosystem by fostering innovation, creating jobs, and driving technological advancement across multiple continents[1][3][5].

Quick Take & Future Outlook

Looking ahead, IDG Ventures is poised to continue leveraging its global presence and sector diversity to capitalize on emerging trends such as AI, healthcare innovation, clean technology, and consumer digital services. As markets evolve, the firm’s ability to provide not just capital but also operational support and international scaling expertise will be critical. Its influence is likely to grow as it backs the next generation of disruptive companies, particularly in fast-growing Asian markets where digital transformation is accelerating. The firm’s evolution from a single-source IDG-funded entity to a global, multi-sector venture capital powerhouse reflects its adaptability and forward-looking investment philosophy[1][2][3].

Sources

High-Level Overview

Origin Story

Core Differentiators

Global Footprint with Local Expertise: IDG Ventures operates multiple locally-managed funds across China, Vietnam, India, Korea, and the United States, leveraging deep regional knowledge combined with global resources[3][5].
Broad Sector Focus: Unlike many VCs that specialize narrowly, IDG Ventures invests across diverse industries including technology, healthcare, media, financial services, clean tech, and consumer sectors[1].
Strong Track Record: The firm has backed numerous high-profile companies that became market leaders and unicorns, demonstrating its ability to identify disruptive innovation early[1][3].
Comprehensive Support: Beyond capital, IDG Ventures offers portfolio companies strategic guidance, marketing, recruitment, and global scaling support, enhancing their growth trajectory[1][2].
Network Strength: The firm’s connection to IDG’s extensive industry resources and strategic partners worldwide provides a robust ecosystem for portfolio companies[1][2].