CapitalG

(Redirected from David Lawee)

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
FormerlyGoogle Capital
Company typeSubsidiary
IndustryVenture capital
Founded2013; 11 years ago (2013) (as Google Capital)
Headquarters
ParentGoogle (2013–2015)
Alphabet Inc. (2015–present)
Websitecapitalg.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

DateCompanyIndustryRefs
UnknownMultiPlanHealthcare[11]
January 2013SurveyMonkeySurvey tool[12][13]
May 2013LendingClubFinance[13][14]
February 2014RenaissanceEducation[13]
March 2014Auction.comReal estate[15]
March 2014Credit KarmaFinance[16]
June 2014FreshdeskBusiness software[17]
July 2014MapRBusiness software[18]
August 2014ThumbtackService marketplace[19]
September 2014InnoLightData center optics[20]
September 2014Credit KarmaFinance[21]
January 2015GlassdoorJob platform[22]
January 2015CommonFloorReal estate[23]
April 2015ZenPayrollPayroll and employee management[24]
April 2015[a]FreshdeskBusiness software[25]
June 2015DuolingoLanguage education[26]
July 2015CrowdstrikeCybersecurity[27]
July 2015FanDuelFantasy sport[28]
August 2015PractoHealthcare[29]
September 2015Oscar HealthHealth insurance[30]
September 2015ZscalerCybersecurity[31]
2016Snap Inc.Social media[32]
January 2016PindropInformation security[33]
March 2016CarDekhoCar marketplace[34]
June 2016Care.comCare provider platform[35]
September 2016AirbnbLodging[36]
November 2016StripePayments technology[37]
January 2017CuemathEducation[38]
March 2017LookerData analytics[39]
October 2017LyftTransportation[40][41]
March 2018UiPathRobotics process automation[42]
April 2018ManbangTransportation[43]
May 2018RobinhoodPersonal finance[44]
June 2018Aye FinanceFinance[45]
July 2018[b]FreshworksBusiness software[46]
September 2018ConvoyTrucking technology[47]
October 2018AppliedInsurance software[48]
January 2019Collibra [nl]Data intelligence[49]
January 2019[a]CarDekhoCar marketplace[50]
March 2019CloudflareWeb performance and security[51]
October 2019UnqorkSoftware development[citation needed]
October 2019[a]ConvoyTrucking technology[52]
November 2019[c]FreshworksBusiness software[53]
December 2019[a]DuolingoLanguage education[54]
December 2019DataikuData science software[55]
January 2020ArmisCybersecurity[56]
March 2020AlbertFinance[57]
March 2020EverlawElectronic discovery[58]
April 2020[a]CollibraData intelligence[59]
May 2020ExpelCybersecurity[60]
June 2020[a]Aye FinanceFinance[61]
August 2020[a]DataikuData science software[citation needed]
September 2020NEXT InsuranceInsurance[62]
December 2020[a]CuemathEducation[63]

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

External links