Drew Houston
Description
Drew Houston, co-founder and CEO of Dropbox, is a highly influential figure in the technology industry, extending his impact beyond his primary role through active angel investing. Since co-founding Dropbox in 2007, he has scaled the company to become a leading global collaboration platform, achieving a market capitalization of approximately $9.2 billion at its IPO in 2018 and reporting over $2.5 billion in revenue in 2023. His entrepreneurial success and deep understanding of software and enterprise solutions position him as a sought-after investor for early-stage companies.
Houston's investment portfolio largely mirrors his expertise, focusing on B2B SaaS, developer tools, productivity software, and increasingly, artificial intelligence. He has a notable track record of backing companies that have achieved significant scale and valuations, often becoming industry leaders. His investments include some of the most prominent names in recent tech history, such as Figma, Notion, Airtable, Stripe, Zoom, and leading AI firms like Anthropic and OpenAI. These investments highlight his keen eye for disruptive technologies and strong founding teams.
As an angel investor, Houston is known for providing more than just capital; he often offers strategic guidance, leveraging his extensive experience in scaling a global tech company. His involvement can be particularly valuable for founders navigating product-market fit, team building, and growth challenges. While specific check sizes are rarely disclosed publicly for individual angel investors, his participation in many high-profile seed and Series A rounds suggests he typically contributes meaningful capital. He has made over 70 investments, demonstrating a consistent commitment to fostering innovation across the tech ecosystem.
Investor Profile
Drew Houston has backed more than 36 startups, with 2 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 8 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.
- Strong thematic focus on Software, Artificial Intelligence (AI), Internet.
- Typical check size: $50K – $500K.
Stage Focus
- Seed (42%)
- Series A (36%)
- Series B (17%)
- Series C (3%)
- Angel (3%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Internet
- Enterprise Software
- Saas
- Machine Learning
- Fintech
- Human Resources
- Health Care
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.