Investments
227Portfolio Exits
28Funds
5Partners & Customers
1About Draper Associates
Draper Associates is the personal investment fund of Tim Draper, founder of Draper Fisher Jurvetson (DFJ). DJF is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $5 billion in capital commitments. The firm has funded well-known technology companies including Baidu, Hotmail (acquired by Microsoft), Overture (acquired by Yahoo), Skype (acquired by eBay) and Glam Media. DFJ was founded in 1985 by Timothy C. Draper as Draper Associates.

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CB Insights Intelligence Analysts have mentioned Draper Associates in 1 CB Insights research brief, most recently on Nov 10, 2021.
Latest Draper Associates News
May 17, 2023
Funderbeam – an angel investing and trading platform – announced a deal with VentureWave in which they have agreed to enter into a transaction to create a leading global entity that will serve institutional and angel investors in venture deal execution and secondaries. As part of the deal, VentureWave led the $40 million investment in Funderbeam. Mistletoe, Draper Associates, and Ruusalepp also joined the funding round. VentureWave is going to take an active and strategic leadership role in scaling Funderbeam’s ground-breaking technology across venture assets. And the Group now has an evolved US market entry strategy through Vestiver, the institutional venture platform. Following the completion of the deal, the group will target the entire life cycle of global venture investments and secondaries, from early-stage angel funding until pre-IPO secondaries. Funderbeam is going to continue to serve investor networks and provide Private Market as a service; ‘Angel Market’. Following the transaction with VentureWave, it will now additionally serve institutional clients: VC funds, family offices, brokers, and investment banks. Until the transaction is approved by the regulators in the UK, Singapore, and Estonia, no further corporate-level actions and decisions will be made. KEY QUOTES: “This transaction creates a powerful platform to fast forward Funderbeam’s vision which is to serve venture investments across borders and create a unique secondary market for private assets. The timing of the transaction couldn’t be better – we are strong at a time when the market is ready for our solution.” – Kaidi Ruusalepp, founder and CEO of Funderbeam “VentureWave’s investment in Funderbeam is a game-changer for the industry, shaping the future of venture markets and enabling access to global venture deals and secondaries. Together, we have the necessary assets, technology, and capital to take on the entire venture investment life cycle. This represents a transformative moment to put impact at the centre of the investment industry.” – Alan Foy, VentureWave Chairman “Private companies from venture investments have a long history of difficult liquidity. Our portfolio company, Funderbeam together with VentureWave allow venture backed start-ups to be liquid. This is a major breakthrough and the new liquidity will allow for GPs and LPs to more easily trade otherwise illiquid positions.” – Tim Draper, founder of Draper Associates “Mistletoe is supporting impact companies. Companies that introduce change for the better in a way we live and do business. Funderbeam has been a pioneer in changing the way that the venture market works – democratising investments in startups and enabling exits when needed. Solution that puts founders first in their mission. It takes endurance and resilience to introduce novel models in the financial sector and we are very happy that the other impact investor, VentureWave, is joining in.” – Taizo Son, founder of Mistletoe
Draper Associates Investments
227 Investments
Draper Associates has made 227 investments. Their latest investment was in Ten63 Therapeutics as part of their Series A on May 5, 2023.

Draper Associates Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/2/2023 | Series A | Ten63 Therapeutics | $15.9M | Yes | Alexandria Venture Investments, Draper Associates, Hatteras Venture, Morpheus Ventures, SOSV, The Sigma Group, and Undisclosed Investors | 3 |
4/25/2023 | Seed VC | Amboss Technologies | $4M | Yes | Draper Associates, Fulgur Ventures, Ride Wave Ventures, Stillmark, Undisclosed Venture Investors, and Valor Equity Partners | 2 |
4/21/2023 | Seed VC | Consensus | $3M | Yes | 1 | |
3/8/2023 | Seed VC | |||||
2/13/2023 | Seed VC |
Date | 5/2/2023 | 4/25/2023 | 4/21/2023 | 3/8/2023 | 2/13/2023 |
---|---|---|---|---|---|
Round | Series A | Seed VC | Seed VC | Seed VC | Seed VC |
Company | Ten63 Therapeutics | Amboss Technologies | Consensus | ||
Amount | $15.9M | $4M | $3M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Alexandria Venture Investments, Draper Associates, Hatteras Venture, Morpheus Ventures, SOSV, The Sigma Group, and Undisclosed Investors | Draper Associates, Fulgur Ventures, Ride Wave Ventures, Stillmark, Undisclosed Venture Investors, and Valor Equity Partners | |||
Sources | 3 | 2 | 1 |
Draper Associates Portfolio Exits
28 Portfolio Exits
Draper Associates has 28 portfolio exits. Their latest portfolio exit was Lantern on May 11, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
5/11/2023 | Acquired | 1 | |||
5/9/2023 | Acquired | 1 | |||
11/17/2022 | Acquired | 25 | |||
Date | 5/11/2023 | 5/9/2023 | 11/17/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 | 25 |
Draper Associates Acquisitions
1 Acquisition
Draper Associates acquired 1 company. Their latest acquisition was Funderbeam on May 04, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
5/4/2023 | Private Equity | $21.53M | Acq - Fin | 6 |
Date | 5/4/2023 |
---|---|
Investment Stage | Private Equity |
Companies | |
Valuation | |
Total Funding | $21.53M |
Note | Acq - Fin |
Sources | 6 |
Draper Associates Fund History
5 Fund Histories
Draper Associates has 5 funds, including Draper Associates Partners VI.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
11/16/2021 | Draper Associates Partners VI | $230M | 2 | ||
4/19/2021 | Draper Frontier OppTech Fund III | ||||
12/29/2015 | Draper Associates Partners V | ||||
Draper Associates V | |||||
Draper Associates VI |
Closing Date | 11/16/2021 | 4/19/2021 | 12/29/2015 | ||
---|---|---|---|---|---|
Fund | Draper Associates Partners VI | Draper Frontier OppTech Fund III | Draper Associates Partners V | Draper Associates V | Draper Associates VI |
Fund Type | |||||
Status | |||||
Amount | $230M | ||||
Sources | 2 |
Draper Associates Partners & Customers
1 Partners and customers
Draper Associates has 1 strategic partners and customers. Draper Associates recently partnered with BongoHive on May 5, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/5/2022 | Partner | Zambia | Draper Startup House launches in Zambia via BongoHive partnership Draper Startup House has established its first location in Southern Africa in Lusaka , Zambia through a partnership with BongoHive , the country 's first technology and innovation hub . | 1 |
Date | 5/5/2022 |
---|---|
Type | Partner |
Business Partner | |
Country | Zambia |
News Snippet | Draper Startup House launches in Zambia via BongoHive partnership Draper Startup House has established its first location in Southern Africa in Lusaka , Zambia through a partnership with BongoHive , the country 's first technology and innovation hub . |
Sources | 1 |
Draper Associates Team
2 Team Members
Draper Associates has 2 team members, including current Founder, Managing Partner, Timothy Cook Draper.
Name | Work History | Title | Status |
---|---|---|---|
Timothy Cook Draper | Founder, Managing Partner | Current | |
Name | Timothy Cook Draper | |
---|---|---|
Work History | ||
Title | Founder, Managing Partner | |
Status | Current |
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