# CapitalG

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

| Date | Company | Industry |
| Unknown | MultiPlan | Healthcare |
| January 2013 | SurveyMonkey | Survey tool |
| May 2013 | LendingClub | Finance |
| February 2014 | Renaissance | Education |
| March 2014 | Auction.com | Real estate |
| March 2014 | Credit Karma | Finance |
| June 2014 | Freshdesk | Business software |
| July 2014 | MapR | Business software |
| August 2014 | Thumbtack | Service marketplace |
| September 2014 | InnoLight | Data center optics |
| September 2014 | Credit Karma | Finance |
| January 2015 | Glassdoor | Job platform |
| January 2015 | CommonFloor | Real estate |
| April 2015 | ZenPayroll | Payroll and employee management |
| April 2015 | Freshdesk | Business software |
| June 2015 | Duolingo | Language education |
| July 2015 | Crowdstrike | Cybersecurity |
| July 2015 | FanDuel | Fantasy sport |
| August 2015 | Practo | Healthcare |
| September 2015 | Oscar Health | Health insurance |
| September 2015 | Zscaler | Cybersecurity |
| 2016 | Snap Inc. | Social media |
| January 2016 | Pindrop | Information security |
| March 2016 | CarDekho | Car marketplace |
| June 2016 | Care.com | Care provider platform |
| September 2016 | Airbnb | Lodging |
| November 2016 | Stripe | Payments technology |
| January 2017 | Cuemath | Education |
| March 2017 | Looker | Data analytics |
| October 2017 | Lyft | Transportation |
| March 2018 | UiPath | Robotics process automation |
| April 2018 | Manbang | Transportation |
| May 2018 | Robinhood | Personal finance |
| June 2018 | Aye Finance | Finance |
| July 2018 | Freshworks | Business software |
| September 2018 | Convoy | Trucking technology |
| October 2018 | Applied | Insurance software |
| January 2019 | Collibra | Data intelligence |
| January 2019 | CarDekho | Car marketplace |
| March 2019 | Cloudflare | Web performance and security |
| October 2019 | Unqork | Software development |
| October 2019 | Convoy | Trucking technology |
| November 2019 | Freshworks | Business software |
| December 2019 | Duolingo | Language education |
| December 2019 | Dataiku | Data science software |
| January 2020 | Armis | Cybersecurity |
| March 2020 | Albert | Finance |
| March 2020 | Everlaw | Electronic discovery |
| April 2020 | Collibra | Data intelligence |
| May 2020 | Expel | Cybersecurity |
| June 2020 | Aye Finance | Finance |
| August 2020 | Dataiku | Data science software |
| September 2020 | NEXT Insurance | Insurance |
| December 2020 | Cuemath | Education |
* 1 2 3 4 5 6 7 8 Second investment in the company by CapitalG
* ↑ Third investment in the company by CapitalG
* ↑ Fourth investment in the company by CapitalG

## 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.