CapitalG
| Company type | Subsidiary |
|---|---|
| Industry | Private equity, Growth equity |
| Founded | 2013 |
| Founder | David Lawee |
| Headquarters | San Francisco , United States |
Key people | Laela Sturdy (Managing Partner), David Lawee (Founder), Gene Frantz, Derek Zanutto, Jesse Wedler |
| Parent | Alphabet Inc. |
CapitalG Management Company LLC (previously known as Google Capital) operates as the autonomous growth equity fund within Alphabet Inc.. Established in 2013, its investment focus centers on sizable, growth-stage tech enterprises, prioritizing financial returns rather than strategic connections to Google. In addition to funding, CapitalG offers its portfolio companies access to Google's skilled workforce, domain knowledge, and corporate culture to aid expansion and provide strategic advice.
History
The firm has been active since 2013 and officially commenced operations in February 2014, with its main office located in San Francisco's Ferry Building. Following Alphabet's reorganization, Google Capital was rebranded as CapitalG on November 4, 2016.
Team
CapitalG is headed by managing partner Laela Sturdy and was initiated in 2013 by David Lawee, who previously served as Google's Vice President of Corporate Development and was its inaugural Vice President of Marketing. The founding partners consist of Gene Frantz (formerly with TPG), Laela Sturdy (ex-Managing Director of Emerging Businesses at Google), Derek Zanutto (with prior experience at TPG, Hellman & Friedman, GIC), and Jesse Wedler (a Stanford Graduate School of Business alumnus).
The firm leverages a network of over 50 advisors with senior experience at Google, delivering expertise in areas such as data science, engineering, marketing, and product management to support its portfolio companies.
Investments
2016 Snap Inc. Social media January 2016 Pindrop Information security March 2016 CarDekho Car marketplace June 2016 Care.com Care provider platform September 2016 Airbnb Lodging November 2016 Stripe Payments technology January 2017 Cuemath Education March 2017 Looker Data analytics October 2017 Lyft Transportation March 2018 UiPath Robotics process automation April 2018 Manbang Transportation May 2018 Robinhood Personal finance June 2018 Aye Finance Finance July 2018 (third round) Freshworks Business software September 2018 Convoy Trucking technology October 2018 Applied Insurance software January 2019 Collibra Data intelligence January 2019 (second round) CarDekho Car marketplace March 2019 Cloudflare Web performance and security October 2019 Unqork Software development October 2019 (second round) Convoy Trucking technology November 2019 (fourth round) Freshworks Business software December 2019 (second round) Duolingo Language education December 2019 Dataiku Data science software January 2020 Armis Cybersecurity March 2020 Albert Finance March 2020 Everlaw Electronic discovery April 2020 (second round) Collibra (second round) Data intelligence May 2020 Expel Cybersecurity June 2020 (second round) Aye Finance (second round) Finance August 2020 (second round) Dataiku (second round) Data science software September 2020 NEXT Insurance Insurance December 2020 (second round) Cuemath (second round) Education| Date | Company | Industry |
|---|---|---|
| Unknown | MultiPlan | Healthcare |
| January 2013 | SurveyMonkey | Survey tool |
| May 2013 | LendingClub | Finance |
| February 2014 | Renaissance Learning | Education |
| March 2014 | Auction.com | Real estate |
| March 2014 | Credit Karma | Finance |
| June 2014 | Freshdesk | Business software |
| July 2014 | MapR | Business software |
| August 2014 | Thumbtack | Service marketplace |
| September 2014 | InnoLight | Data center optics |
| September 2014 | Credit Karma (second round) | Finance |
| January 2015 | Glassdoor | Job platform |
| January 2015 | CommonFloor | Real estate |
| April 2015 | ZenPayroll (now Gusto) | Payroll and employee management |
| April 2015 (second round) | Freshdesk (second round) | Business software |
| June 2015 | Duolingo | Language education |
| July 2015 | CrowdStrike | Cybersecurity |
| July 2015 | FanDuel | Fantasy sport |
| August 2015 | Practo | Healthcare |
| September 2015 | Oscar Health | Health insurance |
| September 2015 | Zscaler | Cybersecurity |
Connection with GV
While CapitalG focuses on growth equity and investments at later stages, GV engages in funding across a wide range of industries and developmental phases. Strategic acquisitions and investments that complement Google's products and overall business are managed by Google's Corporate Development team.
External links
- CapitalG profile on Index