Type Subsidiary Key people David Krane (CEO) Founder Bill Maris Total assets 2.4 billion USD | Industry Venture Capital Website www.gv.com Founded 2009 Parent organization Alphabet Inc. | |
 | ||
Formerly called Google Ventures
(2009–2015) Headquarters Mountain View, California, United States Profiles | ||
GV, formerly Google Ventures, is the venture capital investment arm of Alphabet Inc. and provides seed, venture, and growth stage funding to technology companies. The firm operates independently from Google and makes financially driven investment decisions. GV seeks to invest in startup companies in a variety of fields ranging from the Internet, software, and hardware to life science, healthcare, artificial intelligence, transportation, cyber security and agriculture.
Contents
The group was founded on March 31, 2009, with a $100 million capital commitment. In 2012, that commitment was raised to $300 million annually, and the fund has $2 billion under management. In 2014, the group announced $125 million to invest in promising European startups.
GV has offices in Mountain View, San Francisco, New York City, Cambridge, and London.
History
GV was founded as Google Ventures in 2009. In December 2015, the company was renamed GV and introduced a new logo.
Services model
GV was one of the first venture capital firms to employ the venture capital services model. It provides portfolio companies with access to operational help after making a financial investment. Full-time partners at GV work with portfolio companies on design and product management, marketing, engineering, and recruiting.
GV has developed an intensive, five-day design process, called a Design Sprint, which helps startups solve problems quickly.