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Draper Associates

North America, California, United States, San Mateo

Description

Draper Associates, based in San Mateo, California, stands as a distinguished early-stage venture capital firm founded by the renowned investor Tim Draper. The firm is celebrated for its forward-thinking approach and its readiness to back groundbreaking technologies and unconventional business models. It embodies Tim Draper's enduring philosophy of empowering entrepreneurs who are poised to disrupt and redefine industries, with a particular focus on sectors ripe for significant transformation.

The firm primarily targets seed and early Series A stage companies, demonstrating a robust appetite for innovation across a wide array of sectors, including fintech, artificial intelligence, blockchain, SaaS, and consumer technology. Draper Associates actively seeks out companies characterized by strong founding teams, scalable business models, and the potential to achieve substantial global impact. Their investment strategy is centered on identifying nascent trends and providing crucial support to companies that can emerge as market leaders in developing categories.

Draper Associates typically writes initial checks ranging from $500,000 to $5,000,000, primarily for seed and early Series A funding rounds. This flexible investment range enables them to support promising startups at various critical junctures of their growth. The firm maintains a diverse portfolio and possesses a notable track record of identifying future unicorns and industry giants. While the broader Draper ecosystem is famously associated with iconic investments such as Tesla, SpaceX, and Coinbase, Draper Associates, as a distinct entity, continues this legacy by actively investing in over 250 companies globally, cultivating a dynamic network of innovative ventures.

Beyond providing capital, Draper Associates offers its portfolio companies invaluable access to a vast global network, mentorship from seasoned venture capitalists, and strategic guidance. Their involvement extends to assisting startups in navigating operational challenges, scaling their businesses, and connecting with potential partners and follow-on investors. The firm's dedication to fostering entrepreneurial ecosystems is further underscored by its close association with Draper University, which offers immersive programs designed for aspiring founders.

Investor Profile

Draper Associates has backed more than 415 startups, with 25 new investments in the last 12 months alone. The firm has led 108 rounds, about 26% of its total and boasts 64 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, FinTech, Information Technology.
  • Led 10 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (39%)
  • Series A (25%)
  • Series B (11%)
  • Series Unknown (9%)
  • Pre Seed (7%)
  • Series C (4%)
  • Non Equity Assistance (1%)
  • Convertible Note (1%)

Country Focus

  • United States (78%)
  • United Kingdom (3%)
  • Canada (1%)
  • France (1%)
  • Argentina (1%)
  • India (1%)
  • Singapore (1%)
  • Australia (1%)
  • Austria (1%)
  • Sweden (1%)

Industry Focus

  • Software
  • Fintech
  • Information Technology
  • Artificial Intelligence (Ai)
  • Blockchain
  • Financial Services
  • Enterprise Software
  • Cryptocurrency
  • Saas
  • Aerospace
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Draper Associates frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 9
Draper Dragon
North America, California, United States, San Mateo
Co-Investments: 11
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 8
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 8
500 Global
North America, California, United States, San Francisco
Co-Investments: 20
Wavemaker Partners
Asia, Central Region, Singapore, Singapore
Co-Investments: 9
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 17
Boost VC
North America, California, United States, San Mateo
Co-Investments: 24
Techstars Ventures
North America, Colorado, United States, Boulder
Co-Investments: 7
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 10

Which angels does Draper Associates often collaborate with?

KC
North America, California, United States, San Francisco
Shared Deals: 2
BW
North America, California, United States, Los Angeles
Shared Deals: 4
TD
North America, California, United States, San Francisco
Shared Deals: 16
RR
North America, California, United States, Hayward
Shared Deals: 2
PC
North America, California, United States, Los Angeles
Shared Deals: 6
RM
North America, California, United States, San Francisco
Shared Deals: 2
TT
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
PL
Europe, Ile-de-France, France, Paris
Shared Deals: 2
EJ
North America, United States
Shared Deals: 2
RI
North America, Texas, United States, Dallas
Shared Deals: 2

What are some of recent deals done by Draper Associates?

heXem bio

Los Angeles, California, United States

heXem bio specializes in recording solutions for the early development of humans for longevity.

Life Science
SeedMar 28, 2026
Amount Raised: $10,400,000
Satellites on Fire

Buenos Aires, Distrito Federal, Argentina

Satellites on Fire helps to detect the real time forest fire through satellite imagery.

Artificial Intelligence (AI)ForestryReal TimeSatellite Communication
SeedMar 24, 2026
Amount Raised: $2,700,000
Nyad

Birmingham, Alabama, United States

Nyad is an AI-powered software platform that assists wastewater treatment plants in more efficiently testing and treating conditions.

Artificial Intelligence (AI)Waste ManagementWater
SeedMar 10, 2026
Amount Raised: $1,300,000
NODA AI

Austin, Texas, United States

NODA AI builds defense focused algorithm using software for collaborative autonomous systems.

Software
Series AFeb 26, 2026
Amount Raised: $25,000,000
Ten63 Therapeutics

Durham, North Carolina, United States

Ten63 Therapeutics is a venture-backed startup developing durable therapeutics against some of the world’s most lethal diseases.

BiotechnologyHealth CareMedicalPharmaceutical
Series UnknownFeb 19, 2026
MightyFly

San Francisco, California, United States

Autonomous, Expedited, Unmatched Aerial Deliveries

AerospaceAutonomous VehiclesDelivery ServiceDronesFreight ServiceGreenTechLogisticsRoboticsTransportation
SeedFeb 12, 2026
Amount Raised: $10,000,000
Natilus

San Diego, California, United States

Natilus is develops a hyper-efficient blended wing body aircraft aimed at making commercial aviation more sustainable and efficient.

AerospaceAir TransportationManufacturing
Series AFeb 10, 2026
Amount Raised: $28,000,000
Feltsense Holdings

South San Francisco, Pennsylvania, United States

Feltsense Holdings develops AI agents that act as autonomous startup founders.

Agentic AIArtificial Intelligence (AI)Autonomous VehiclesBusiness Process Automation (BPA)Enterprise SoftwareInnovation ManagementMachine LearningSoftware
SeedFeb 4, 2026
Amount Raised: $5,100,000
Radiant

El Segundo, California, United States

Radiant develops portable nuclear microreactors designed to generate electricity and heat in a compact, factory-built form.

Clean EnergyEnergyEnergy EfficiencyRenewable Energy
Series DDec 17, 2025
Amount Raised: $300,000,000
Autolane

Palo Alto, California, United States

Autolane creates the operating system for curbside autonomy.

Series UnknownDec 3, 2025
Amount Raised: $7,400,000

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