CapitalG Management Company LLC (formerly Google Capital) is the independent growth fund under Alphabet Inc. Founded in 2013, it focuses on larger, growth-stage technology companies, and invests for profit rather than strategically for Google. 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.

History

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

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).

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.

Investments

DateCompanyIndustryRef.
UnknownMultiPlanHealthcare
January 2013SurveyMonkeySurvey tool
May 2013LendingClubFinance
February 2014RenaissanceEducation
March 2014Auction.comReal estate
March 2014Credit KarmaFinance
June 2014FreshdeskBusiness software
July 2014MapRBusiness software
August 2014ThumbtackService marketplace
September 2014InnoLightData center optics
September 2014Credit KarmaFinance
January 2015GlassdoorJob platform
January 2015CommonFloorReal estate
April 2015ZenPayrollPayroll and employee management
April 2015FreshdeskBusiness software
June 2015DuolingoLanguage education
July 2015CrowdstrikeCybersecurity
July 2015FanDuelFantasy sport
August 2015PractoHealthcare
September 2015Oscar HealthHealth insurance
September 2015ZscalerCybersecurity
2016Snap Inc.Social media
January 2016PindropInformation security
March 2016CarDekhoCar marketplace
June 2016Care.comCare provider platform
September 2016AirbnbLodging
November 2016StripePayments technology
January 2017CuemathEducation
March 2017LookerData analytics
October 2017LyftTransportation
March 2018UiPathRobotics process automation
April 2018ManbangTransportation
May 2018RobinhoodPersonal finance
June 2018Aye FinanceFinance
July 2018FreshworksBusiness software
September 2018ConvoyTrucking technology
October 2018AppliedInsurance software
January 2019CollibraData intelligence
January 2019CarDekhoCar marketplace
March 2019CloudflareWeb performance and security
October 2019UnqorkSoftware development[citation needed]
October 2019ConvoyTrucking technology
November 2019FreshworksBusiness software
December 2019DuolingoLanguage education
December 2019DataikuData science software
January 2020ArmisCybersecurity
March 2020AlbertFinance
March 2020EverlawElectronic discovery
April 2020CollibraData intelligence
May 2020ExpelCybersecurity
June 2020Aye FinanceFinance
August 2020DataikuData science software[citation needed]
September 2020NEXT InsuranceInsurance
December 2020CuemathEducation
August 2025ClaySales automation
February 2026Bedrock RoboticsVehicular automation

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.

External links

  • on Index
  • on LittleSis, a website that publishes data on who-knows-who between government, donors and business