CapitalG logo
CapitalG logo

Insights

OpenRouter founders Chris Clark, Alex Atallah, and Louis Vichy, pictured left to right. Alphabet growth fund CapitalG invested in OpenRouter, the AI model exchange which enables developers and enterprises to access, route, and optimize across hundreds of AI models through a single API.

Leading OpenRouter’s Series B

May 26, 2026

CapitalG invested in OpenRouter, the AI model exchange enabling developers and enterprises to access, route, and optimize across hundreds of models through a single API.

Photo of Whatnot's Grant LaFontaine at Fortune Brainstorm Tech 2026.

In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion

August 7, 2026 | Fortune

Alphabet’s CapitalG is back, having led three previous rounds in Whatnot dating back to its $150 million Series C, closed at a $1.5 billion valuation in 2021.

Aerial view of a large blue Hadrian industrial facility with a flat white roof, set against a desert city and mountains.

Defense tech Hadrian raises $1.37B at $8B valuation

August 6, 2026 | TechCrunch

Defense tech Hadrian announced that it had raised a fresh $1.37 billion round at a valuation of $7.87 billion from a list of well-known investors.

Lovable founders pose in side by side in front of a blue background.

Lovable: Software Built for the 99%

December 18, 2025

CapitalG co-led Lovable's Series B round of $330M. Lovable is becoming the place where companies are born and dreams–even among the non-technical–turn into reality.

A welder wearing a helmet crouches in a dark industrial workshop, using a torch to weld steel with bright sparks.

Satellite Startup K2 Space Raises $500 Million at $6.8 Billion Value

July 20, 2026 | Bloomberg

Startup K2 Space, which builds large satellites for high-power tasks like data-heavy communications and defense missions, has raised $500 million in a new round of…

Clay is the product CapitalG partner Jane Alexander wishes she'd had as CMO of Carta.

Inside Clay’s $5 Billion, AI-Powered Bid to Make Lead Gen Fun

March 4, 2026 | Inc.

“Clay is the product I wish I’d had when I was operating in sales and marketing,” says Jane Alexander, a partner at Alphabet venture firm CapitalG.

Abstract dark blue background with glowing curved lines of soft blue and warm orange light forming a diamond silhouette.

Verkada: The Operating System for the Physical World

December 3, 2025

CapitalG backs Verkada to protect people and places in a privacy-sensitive way.

CapitalG invests in Duna, a fintech transforming how businesses verify their identity.

Duna: The Business Identity Network

February 5, 2026

CapitalG invests in Duna, a fintech transforming how businesses verify their identity.

CapitalG's Alex Nichols, Laela Sturdy, and Jill Chase in front of logo wall at CapitalG offices.

Celebrating CapitalG's Newest General Partners: Jill Chase and Alex Nichols

January 21, 2026

The work that Jill and Alex do every day helps make CapitalG the partner of choice for the world’s most ambitious entrepreneurs.

Bedrock sensor suite with a glowing blue beacon light mounted on the cab roof of a yellow construction excavator.

Bedrock Robotics: Autonomy for the Built World

February 4, 2026

CapitalG co-led a Series B investment in Bedrock Robotics, the autonomy platform for construction equipment. Bedrock is building towards fully autonomous fleets as the…

3D biological model of a translucent peach protein complex interacting with a yellow nucleic acid helix.

DeepMind Spinout Isomorphic Labs Raises $2.1 Billion to Design Drugs With AI

February 12, 2026 | Bloomberg

London-based Isomorphic Labs was formed in 2021 out from Google DeepMind with the goal of commercializing the lab’s breakthrough AlphaFold protein-folding model.

Robotic grippers with bright yellow fingertips precisely insert a small pin into a mechanical component during assembly.

Physical Intelligence: Bringing AI Into the Physical World

November 20, 2025

CapitalG leads Physical Intelligence's $600M round to bring AI into the physical world.

Investing in AI, The View From One Big Investor

Investing in AI, The View From One Big Investor

November 10, 2025 | Wall Street Journal

CapitalG’s Laela Sturdy on where she’s putting her money, and why investing in AI startups requires a ‘strong stomach’

3D objects including a green backpack, baby onesie, pet bowl, open book, and guitar amplifier on a yellow background.

Tripling Down On Whatnot: Taking Live Commerce Mainstream

October 28, 2025

We are thrilled to triple down on Whatnot, co-leading its Series F. Whatnot has become the clear leader in live commerce across the US, the UK and Europe.

Justin Lopas, Co-founder and COO, and Zach Dell, Co-founder and CEO, of Base Power pose together in a workshop filled with tools, pegboards, and organized storage bins.

Base Power: Scaling the Grid

October 8, 2025

CapitalG invested in Base Power, a first-of-its-kind energy company powering America with reliable and affordable electricity.

Laela Sturdy, CapitalG Managing Partner, poses in front of a red background.

100 Top Women in Finance: Blazing New Trails in the Markets, the Economy, and Industry

March 14, 2024 | Barron's

Sturdy's promotion last year to managing partner of CapitalG makes her one of just a handful of women leading an established venture firm of this size.

An excavator pours earth into the bed of a dump truck at a sunlit highway construction site. The New York Times logo overlaid on image.

Bedrock, an A.I. Start-Up for Construction, Raises $270 Million

February 4, 2026 | New York Times

The two-year-old company, founded by veterans of the autonomous vehicle business Waymo, is seeking to automate excavators and other building equipment.

Fortune logo

Alphabet’s CapitalG names Jill Chase and Alex Nichols as general partners

January 21, 2026 | Fortune

For the first time since the firm was started in 2013, it’s promoting two general partners, Chase and Alex Nichols

Dimly lit perspective inside a long pipe or tunnel with dark parallel lines and curved walls receding into the distance.

Celero: Bringing Coherence to AI-Scale Networking

November 17, 2025

CapitalG backs Celero to bring coherence to AI-scale networking.

Textured background vertically split into dark teal on the left and light turquoise on the right.

Partnering with Pennylane

April 7, 2025

Partnering with Pennylane to empower accountants and SMEs across Europe.

Baseten co-founders Amir Haghighat, Tuhin Srivastava, Phil Howes, and Pankaj Gupta standing side by side outdoors on a rooftop terrace with plants in the background.

Baseten: The Foundation for Production AI

September 5, 2025

We believe that Baseten will be the foundational platform powering the next generation of AI innovators.

Co-founders Kareem Amin (CEO) and Varun Anand of Clay in yellow high-backed chairs against an orange wall, looking directly at the camera.

Clay: The Go-To-Market Platform for the AI Era

August 5, 2025

CapitalG leads Clay's Series C round of $100M.

White Google G logo centered on a grainy background blending red, yellow, and green with glowing lights.

Introducing the CapitalG 2026 Advisory Board

March 3, 2026

Alphabet independent growth fund CapitalG announces its 2026 Advisory Board of Google experts.

CapitalG managing partner Laela Sturdy speaks while seated in an armchair in front of a blue WSJ Tech Live conference backdrop.

WSJ Tech Live Keynote Video: CapitalG's Laela Sturdy On Investing In The Age Of AI

November 5, 2025 | Wall Street Journal

Listen to Laela Sturdy, managing partner of CapitalG, as she offers advice for tech execs and discusses how AI is reshaping the investment landscape and how we…

A man with glasses gestures with his hand while speaking at a podium in front of a Humanoids Summit backdrop.

Robotics Startup Physical Intelligence Valued At $5.6 Billion In New CapitalG-Led Funding

November 20, 2025 | Bloomberg

Physical Intelligence raised a $600 million CapitalG-led round of funding to develop AI software to help robots learn a wide range of tasks.

Heavily blurred silhouettes in a dimly lit room illuminated by a warm reddish-orange and yellow glow.

Tebi: The Operating System for Hospitality & Retail

June 10, 2025

CapitalG leads Tebi's Series B round

Laela Sturdy and Accel's Rich Wong sit on a sofa with moderator at Bloomberg's tech conference

Bloomberg Tech Conference 2025 Keynote: CapitalG's Sturdy & Accel's Wong on the VC Landscape

June 5, 2025 | Bloomberg

CapitalG's Laela Sturdy and Accel's Rich Wong discuss market volatility and private capital at Bloomberg's annual flagship tech conference.

CapitalG Managing Partner Laela Sturdy and General Partner James Luo.

Celebrating CapitalG’s Newest General Partner, James Luo

March 10, 2025

We are excited to announce the promotion of longtime CapitalG investor James Luo to General Partner.

Macro close-up of a black textured fabric mesh with a pattern of tiny white dots and a shallow depth of field.

nEye: Illuminating AI Datacenter Networking

April 10, 2025

CapitalG is leading a $58M Series B in nEye Systems, an optical circuit switch platform revolutionizing data center infrastructure.

White Google logo centered on a textured, colorful gradient background blending blue, red, and yellow with glowing specks.

Expert Guidance for Growth: Introducing CapitalG’s 2025 Advisory Board

March 17, 2025

CapitalG announces its 2025 Advisory Board of Google experts to support founders across multiple functional areas.

Abstract dark teal and navy background with smooth, overlapping layered chevron folds and soft shadows.

NinjaOne: Empowering Modern IT Teams

February 24, 2025

CapitalG co-led $500 million funding NinjaOne, the leading automated endpoint management platform for IT teams and managed service providers.

The New York Times logo

A One-Stop Shop for A.I. Models Raises $113 Million

May 25, 2026 | New York Times

CapitalG, an investment arm of Alphabet, is backing OpenRouter, which helps companies choose among hundreds of models for different software tasks.

Motif co-founders Brian Mathews (CTO) and Amar Hanspal (CEO), and CapitalG General Partner Jill Chase smiling and posing together in front of a wall of tech company logos. CapitalG first invested in Motif in 2025 (Series A).

Motif: A Revolution in Building Design

January 30, 2025

CapitalG led the Series A in Motif, a company on a mission to bring 21st-century design tools to 21st-century buildings.

CapitalG partner Jill Chase is pictured with Dreamer Co-founder and CEO David Singleton in front of the CapitalG office logo wall.

Dreamer: The Operating System for AI Agents

November 26, 2024

CapitalG is co-leading a $56M Seed round in Dreamer (previously known as /dev/agents), a new company building an operating system for AI agents.

Bright blue background framed with a large hand-drawn turquoise oval loop.

Odoo: Rebundling Application Software

November 20, 2024

CapitalG backs Odoo to rebundle business application software.

Photo of Co-founders Taylor Matthews (CEO) and Brad Genser (CTO) of Farther. CapitalG invested in Farther, the nation’s leading technology-centric wealth management firm.

Farther: Ushering in a New Era of Wealth Management

October 10, 2024

CapitalG invested in Farther, the nation’s leading technology-centric wealth management firm.

White Google "G" logo centered over a grainy, abstract gradient background with glowing dots in blue, green, and yellow.

Introducing the CapitalG 2024 Advisory Board

March 20, 2024

Introducing the CapitalG 2024 Advisory Board.

Marshall Heilman, CEO of DTEX Systems
 wearing a black blazer and blue shirt against a blurred green background.

DTEX: Powering Your Trusted Workforce

March 5, 2024

Announcing CapitalG’s lead investment in DTEX’s Series E. DTEX is revolutionizing the way that organizations secure their most valuable data and assets.

Photo of CapitalG Managing Partner Laela Sturdy in a chair smiling in front of a beige wall.

CapitalG’s Laela Sturdy Is Paving the Way for Women Leaders in VC

June 13, 2023 | Fast Company

Sturdy, No. 9 on Fast Company’s Queer 50 list, shares strategies for investing during periods of economic instability and helping diverse VCs rise through the ranks.

CapitalG managing partner Laela Sturdy speaking at the Upfront Summit

Alphabet's CapitalG Names Laela Sturdy as New Leader

March 1, 2023 | Bloomberg

Sturdy will become one of the only women to lead a major venture firm.

White Google "G" logo centered on a grainy abstract background transitioning from deep blue to white.White Google "G" logo centered on a grainy, colorful abstract gradient background with glowing light flares.

Meet CapitalG’s 2023 Advisory Board

March 29, 2023

CapitalG’s 2023 Advisory Board of Google and Alphabet leaders will advise portfolio leaders across a variety of functions.

Photo of former Monzo CEO TS Anil

Monzo: Making Money Work for Everyone

March 5, 2024

CapitalG partners with Monzo, a leading UK-based digital bank, as we lead its latest fundraise.

Photo of Magic co-founder and CEO Eric Steinberger and co-founder and CTO Sebastian De Ro.

Magic: Reimagining Software Engineering with AI

February 6, 2023

CapitalG invests in Magic, developing an “AI colleague” for software engineering to transform the way all developers write code.

Split screen showing a woman and a man speaking into microphones while recording a podcast in a studio.

Heart and Hustle: A Conversation with Managing Partner Laela Sturdy

August 30, 2023

In an expansive interview, Laela broke down CapitalG’s fund structure, investment decision-making process, and her own path from operator to managing partner.

CapitalG Partners Mo Jomaa, Jane Alexander, and Alex Nichols in front of the CapitalG logo wall at their SF offices.

CapitalG’s Next Generation: Alex Nichols, Mo Jomaa, and Jane Alexander

February 7, 2024

Mo Jomaa and Alex Nichols are being promoted after six years with the firm, and Jane Alexander is joining us as the newest member of the CapitalG family.

Photo of Laela Sturdy with the SF ferry building interior in the background.

A peek inside Alphabet’s $7B growth-stage investing arm, CapitalG

February 16, 2024 | TechCrunch

CapitalG managing partner Laela Sturdy sits down with TechCrunch editor-in-chief to discuss the firm's investment approach and relationship to its LP, Alphabet.

Photo of Lauren Illovsky, Talent Partner at CapitalG, smiling in front of flowers.

What to Know About Hiring in Tech Right Now, According to CapitalG's Lauren Illovsky

October 29, 2023 | Fast Company

CapitalG’s Lauren Illovsky talks about what she’s seeing in the hiring market and how return-to-office policies are redefining company culture.

CapitalG Managing Partner Laela Sturdy in a blue blazer smiling in the CapitalG offices.

The brand new head of Alphabet’s growth-stage fund lays out what comes next

March 2, 2023 | Fortune

It’s a notable development for venture as a whole, where few women hold general partner roles, not to mention the helm of a multibillion-dollar fund.

Jaakko (Jack) Kokko, Co-founder and CEO, and Raj Neervannan, Co-founder and CTO, of AlphaSense, smiling and laughing together while standing side by side against a plain white background.

AlphaSense: The Emerging Leader in AI-Enabled Market Intelligence

April 11, 2023

Announcing CapitalG’s lead investment in AlphaSense, the emerging leader in market intelligence and research.

Jill and CP

Meet CapitalG’s Newest Partners: Jill Chase and Chengpeng Mou

January 19, 2023

AI may have become all the rage in VC this year, but investor Jill Chase has been immersing herself in the sector for years.

Photo of Lauren Illovsky outdoors.

How Lauren Illovsky’s Matchmaking Strengthens Talent Networks

March 17, 2022

How Lauren Illovsky’s Matchmaking Strengthens Talent Networks

Whatnot co-founders Grant LaFontaine (CEO) and Logan Head (CTO) stand together.

Doubling Down on Whatnot: Making Online Shopping Fun and Social

July 21, 2022

CapitalG co-leads Whatnot’s Series D just 10 months after co-leading the company’s Series C.

CapitalG managing partner Laela Sturdy discusses the firm's investment approach on Bloomberg TV

Video: Alphabet’s CapitalG Names Laela Sturdy as New Leader

March 1, 2023 | Bloomberg TV

CapitalG's Managing Partner Laela Sturdy joins Bloomberg's Ed Ludlow and Caroline Hyde to discuss her new role and CapitalG's investment focuses.

White Google G logo centered against a grainy, multi-colored abstract gradient background with glowing light spots.

Introducing CapitalG’s 2022 Go-to-Market Advisory Board

April 5, 2022

Introducing CapitalG's 2022 Advisory Board.

Salt Co-founders Roey Eliyahu (CEO) and Michael Nicosia (CEO). CapitalG leads Salt Security's $140M Series D to protect the growing API ecosystem.

Salt Security: Protecting the Growing API Ecosystem

February 10, 2022

CapitalG leads Salt Security's $140M Series D to protect the growing API ecosystem.

Fireblocks founders pose together, each wearing matching black Fireblocks logo t-shirts.

Fireblocks: The Gatekeeper Unlocking Institutional Access to Crypto

January 28, 2022

CapitalG backs Fireblocks to unlock institutional access to crypto.

Two women holding laptops with coworkers and an illuminated Expel sign in the background. Just 18 months after we led its Series D, we’re delighted to co-lead its Series E.

Doubling Down on Expel: Still Defending Customers from Cyber Criminals

November 22, 2021

CapitalG backs Expel to protect enterprises from cyber threats.

Large red UiPath banner hanging over the New York Stock Exchange building facade flanked by American flags. CapitalG congratulates Daniel and the entire UiPath team on becoming a publicly traded company on the NYSE.

UiPath: Accelerating Human Achievement

April 21, 2021

CapitalG congratulates Daniel and the entire UiPath team on becoming a publicly traded company on the NYSE.

Freshworks leadership team stands behind a Nasdaq podium during their FRSH public listing ceremony.

Freshworks: Making History and Delighting Customers

September 20, 2021

Huge congratulations to Girish, Shan and the entire Freshworks team on making history as the first B2B SaaS company founded in India to go public in the U.S.

Whatnot co-founders Grant LaFontaine (CEO) and Logan Head (CTO) with a large Pikachu figurine and collectible shelves in the background. CapitalG is thrilled to triple down on Whatnot, co-leading its Series F. Whatnot has become the clear leader in live commerce across the US, the UK and Europe.

Whatnot: Ecommerce + Entertainment and Social

September 15, 2021

Partnering with Whatnot to enable anyone to turn their passion into a business.

Duolingo executives and team celebrate ringing the Nasdaq bell in front of a large green Duolingo logo backdrop. Huge congratulations to Luis, Severin and the entire Duolingo team on becoming a publicly traded company on the Nasdaq.

Duolingo: From Early Monetization to IPO and Beyond

July 27, 2021

Huge congratulations to Luis, Severin and the entire Duolingo team on becoming a publicly traded company on the Nasdaq.

Robinhood team and founders celebrate at the Nasdaq podium against large green digital screens during their IPO.

Congratulations to Robinhood, the Company That Created a New Generation of Investors

July 6, 2021

Huge congratulations to Vlad, Baiju and the entire Robinhood team as they become a publicly traded company.

Photo of Laela Sturdy, CapitalG Managing Partner

CNBC: Meet Top CapitalG Investor Laela Sturdy

March 30, 2021 | CNBC

CapitalG's Laela Sturdy has backed UiPath, Stripe and Duolingo, and has upended expectations of what one of the world's top investors looks like.

Insider: Laela Sturdy and UiPath's Daniel Dines on Partnership

Laela Sturdy and UiPath's Daniel Dines on Partnership

April 21, 2021 | Business Insider

To nab a stake of UiPath, CapitalG's Laela Sturdy chased CEO Daniel Dines around the globe. Now that stake is worth $2 billion.

Full Truck Alliance executives and guests clap behind the New York Stock Exchange balcony against a red backdrop.

Full Truck Alliance: Revolutionizing China’s Massive Logistics Sector

June 21, 2021

CapitalG backs Full Truck Alliance to revolutionize China's massive logistics sector.

White Google "G" logo centered on a vibrant, grainy gradient of red, yellow, green, and blue with glowing points of light.

Meet CapitalG's 2021 Go-To-Market Advisory Board

May 19, 2021

Meet CapitalG's 2021 Go-To-Market Advisory Board.

The DCG team smiles together on a grassy field with forested mountains and ski lifts in the background.

DCG: Building Web 3.0's Leading Financial Services Company

November 2, 2021

Founded in 2015, DCG is a financial services holding company providing critical financial and infrastructure-level services to the digital asset industry.

Three smartphone mockups displaying the step-by-step mobile UI for opening and funding a new bank account.

Mantl: Turbocharging Banks into the Digital Age

April 19, 2021

Turbocharging Banks Into the Digital Age

CapitalG Talent Partner Lauren Illovsky pictured outside

Three Questions With CapitalG Talent Partner Lauren Illovsky

May 3, 2023 | Wall Street Journal

What does the startup jobs market look like these days? WSJ Pro put the question to Ms. Illovsky.

Orca Co-founders Gil Geron (CEO) and Avi Shua (Chief Innovation Officer) in matching black Orca Security T-shirts standing in front of a wall with a geometric orca illustration.

Our Investment in Cloud Security: Meet Orca

March 23, 2021

Ushering In The Future of Cloud Security: Our Investment in Orca Security

Photo of Blake Hall

The Digital Identity Process is Broken. ID.me Will Fix It.

March 22, 2021

Why the Digital Identity Process is Broken—and How ID.me Will Fix It

Glass entrance doors frosted with the Strive Health logo open into a modern office with desks, chairs, and large windows. CapitalG is partnering with Strive Health to improve outcomes for unmanaged kidney disease.

Strive Health: Improving Outcomes for Unmanaged Kidney Disease

March 16, 2021

Partnering with Strive Health to improve outcomes for unmanaged kidney disease.

Photo of Gene Frantz (left) and James Luo (right), general partners at CapitalG

Why Zero Trust is the Future for Corporate Security

March 2, 2021

Gene Frantz and James Luo of CapitalG share how 2020 killed traditional corporate security — and why zero trust is the future.

Nasdaq billboard in Times Square displaying an Airbnb listing day ad, surrounded by skyscrapers and street traffic.

Redefining Travel: The Vision Behind Airbnb’s Growth

December 10, 2020

CapitalG celebrates Airbnbs's IPO as it redefines global travel experiences.

Webflow founders stand side by side in front of a gray industrial building.

Webflow: Empowering Everyone To Build For The Web

January 26, 2021

CapitalG backs Webflow to empower everyone to build for the web.

Abstract gradient background transitioning from deep navy blue at the top to bright royal blue and pale blue at the bottom.

Making Financial Data Useful: The Power of MX

January 13, 2021

CapitalG backs MX as they drive towards transforming the way we leverage financial data.

Next Insurance Co-founders Alon Huri, Guy Goldstein, and Nissim Tapiro (from left to right).

Next Insurance: Empowering Small Businesses With The Insurance They Need To Survive And Thrive

September 22, 2020

CapitalG backs Next Insurance to empower small businesses with the insurance they need to survive and thrive.

The Expel team posing in front of a window.

Expel - Defending Enterprises from Cyber Criminals and Overused Buzzwords

May 12, 2020

Doubling down on Expel as it defends customers from cyber criminals.

Photo of CapitalG General Partner Derek Zanutto

How growth investing grew so big so quickly

November 5, 2020 | TechCrunch

How funds that invest in companies that have achieved product-market fit have become significant forces in the tech ecosystem.

Unqork’s $207M Series C underscores growing enterprise demand for no-code apps

Unqork’s $207M Series C underscores growing enterprise demand for no-code apps

October 7, 2020 | TechCrunch

Unqork, a CapitalG portfolio company, raises a $207 million Series C at a $2 billion valuation.

Bringing the legal industry into the digital age: How Everlaw is advancing ediscovery and the search for truth

Bringing the legal industry into the digital age: How Everlaw is advancing ediscovery and the search for truth

March 11, 2020 | Medium

The legal industry spends $14 billion a year on ediscovery, and most of it is still manual. Here's how Everlaw is using AI to accelerate document review and…