CapitalG

This article is about the venture capital company. For the Nine Inch Nails song, see Capital G. For the Latin letter, see G. For the Canadian electoral area, see Capital G, British Columbia.

CapitalG Management Company LLC^[1][2] (formerly Google Capital) is the independent growth fund under Alphabet Inc.^[3] Founded in 2013, it focuses on larger, growth-stage technology companies, and invests for profit rather than strategically for Google.^[4] In addition to capital investment, CapitalG's approach includes giving portfolio companies access to Google's people, knowledge, and culture to support the companies' growth and offer them guidance.^[4]

CapitalG

Formerly	Google Capital
Company type	Subsidiary
Industry	Venture capital
Founded	2013; 11 years ago (2013) (as Google Capital)
Headquarters	San Francisco, California, U.S.
Parent	Google (2013–2015) Alphabet Inc. (2015–present)
Website	capitalg.com

History

The fund began operating in 2013^[5] but was only officially unveiled on February 19, 2014.^[6][7] The firm operates out of the Ferry Building in San Francisco.^[3][4] Following the Alphabet restructuring, Google Capital was renamed CapitalG on November 4, 2016.^[8]

Team

CapitalG is led by managing partner Laela Sturdy. It was founded in 2013 by David Lawee, formerly Google's Vice President of Corporate Development, and before that, Google's first Vice President of Marketing. Lawee was joined by partners Gene Frantz (formerly a partner at private equity firm TPG), Laela Sturdy (now managing partner; before joining CapitalG she was a Managing Director of Emerging Businesses at Google), Derek Zanutto (formerly at TPG, Hellman & Friedman and GIC) and Jesse Wedler (who joined CapitalG in 2013 out of Stanford business school).^[4][9]

CapitalG also comprises over 50 advisors from senior positions within Google, who offer portfolio companies guidance in business areas such as data science, engineering, marketing, and product management.^[10]

Investments

Date	Company	Industry	Refs
Unknown	MultiPlan	Healthcare	[11]
January 2013	SurveyMonkey	Survey tool	[12][13]
May 2013	LendingClub	Finance	[13][14]
February 2014	Renaissance	Education	[13]
March 2014	Auction.com	Real estate	[15]
March 2014	Credit Karma	Finance	[16]
June 2014	Freshdesk	Business software	[17]
July 2014	MapR	Business software	[18]
August 2014	Thumbtack	Service marketplace	[19]
September 2014	InnoLight	Data center optics	[20]
September 2014	Credit Karma	Finance	[21]
January 2015	Glassdoor	Job platform	[22]
January 2015	CommonFloor	Real estate	[23]
April 2015	ZenPayroll	Payroll and employee management	[24]
April 2015[lower-alpha 1]	Freshdesk	Business software	[25]
June 2015	Duolingo	Language education	[26]
July 2015	Crowdstrike	Cybersecurity	[27]
July 2015	FanDuel	Fantasy sport	[28]
August 2015	Practo	Healthcare	[29]
September 2015	Oscar Health	Health insurance	[30]
September 2015	Zscaler	Cybersecurity	[31]
2016	Snap Inc.	Social media	[32]
January 2016	Pindrop	Information security	[33]
March 2016	CarDekho	Car marketplace	[34]
June 2016	Care.com	Care provider platform	[35]
September 2016	Airbnb	Lodging	[36]
November 2016	Stripe	Payments technology	[37]
January 2017	Cuemath	Education	[38]
March 2017	Looker	Data analytics	[39]
October 2017	Lyft	Transportation	[40][41]
March 2018	UiPath	Robotics process automation	[42]
April 2018	Manbang	Transportation	[43]
May 2018	Robinhood	Personal finance	[44]
June 2018	Aye Finance	Finance	[45]
July 2018[lower-alpha 2]	Freshworks	Business software	[46]
September 2018	Convoy	Trucking technology	[47]
October 2018	Applied	Insurance software	[48]
January 2019	Collibra	Data intelligence	[49]
January 2019[lower-alpha 1]	CarDekho	Car marketplace	[50]
March 2019	Cloudflare	Web performance and security	[51]
October 2019	Unqork	Software development	[citation needed]
October 2019[lower-alpha 1]	Convoy	Trucking technology	[52]
November 2019[lower-alpha 3]	Freshworks	Business software	[53]
December 2019[lower-alpha 1]	Duolingo	Language education	[54]
December 2019	Dataiku	Data science software	[55]
January 2020	Armis	Cybersecurity	[56]
March 2020	Albert	Finance	[57]
March 2020	Everlaw	Electronic discovery	[58]
April 2020[lower-alpha 1]	Collibra	Data intelligence	[59]
May 2020	Expel	Cybersecurity	[60]
June 2020[lower-alpha 1]	Aye Finance	Finance	[61]
August 2020[lower-alpha 1]	Dataiku	Data science software	[citation needed]
September 2020	NEXT Insurance	Insurance	[62]
December 2020[lower-alpha 1]	Cuemath	Education	[63]

1. Second investment in the company by CapitalG
2. Third investment in the company by CapitalG
3. Fourth investment in the company by CapitalG

Relationship to GV

CapitalG focuses on later-stage and growth equity investments, while GV invests in companies across all stages and industries. Another corporate division, Google's Corporate Development group, does acquisitions and investments that are strategic for Google's products and business.

References

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External links

• Official website
• CapitalG on Index