# Draper Associates

> Draper Associates is a global venture capital firm founded by Tim Draper in 1985. It primarily backs pre-seed through Series A technology companies, combining capital with introductions and strategic support. Its current focus spans AI, robotics, blockchain, biotechnology and aerospace; its website reports $2.3 billion in assets under management and more than 400 companies backed.

- **Founded:** 1985
- **Headquarters:** San Mateo, United States
- **Founders:** Tim Draper (Founder and Managing Partner)
- **Products:** Early-stage venture capital, Portfolio support, BitcoinFi Accelerator, Pitch Lens / AI Pitch Coach
- **Notable:** Website reports $2.3 billion AUM as checked October 2026., Website reports 400+ companies backed across the brand’s investment history., Closed a $190 million fund with outside limited partners, announced April 2016.

## Products & services

- **Early-stage venture capital** — Equity investment primarily from pre-seed through Series A, with selected later-stage participation.
- **Portfolio support** — Strategic guidance, introductions, network access and support for subsequent financing.
- **BitcoinFi Accelerator** — Six-week Bitcoin startup program launched with Thesis and Boost VC; combines investment, mentorship and network access.
- **Pitch Lens / AI Pitch Coach** — Public-facing AI feedback tool for startup pitch decks, linked from the contact page.

## Achievements

- Website reports $2.3 billion AUM as checked October 2026.
- Website reports 400+ companies backed across the brand’s investment history.
- Closed a $190 million fund with outside limited partners, announced April 2016.
- Closed a $230 million sixth fund, announced November 2021.
- Launched Fund 8 in June 2026.

## Latest updates

- **2026-09** — Published an account of centralizing company records and building AI-assisted investment workflows.
- **2026-06** — Announced the launch of DA8 on June 22.
- **2026-04** — Announced leading HexemBio’s $10.4 million seed round; the figure is total round size.
- **2026-02** — Announced leading Natilus’s $28 million Series A; the figure is total round size.

## Links

- Website: https://www.draper.vc/
- LinkedIn: https://www.linkedin.com/company/draper-associates
- Twitter/X: https://x.com/DraperVC

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Profile page: https://yespress.io/draper-associates
Published by YesPress — https://yespress.io
Last updated: 2026-10-27