Dragoneer Investment Group

Dragoneer is based in San Francisco and was founded in 2012 by Marc Stad.{{Cite web |title=Charting their own course to giving back |url=https://alumni.harvard.edu/community/stories/charting-their-own-course-to-giving-back-marc-ab-01-and-elisa-stad |access-date=February 5, 2023 |website=Harvard Alumni |language=en |archive-date=February 5, 2023 |archive-url=https://web.archive.org/web/20230205105720/https://alumni.harvard.edu/community/stories/charting-their-own-course-to-giving-back-marc-ab-01-and-elisa-stad |url-status=live }}{{Cite web |title=Marc Stad |url=https://www.forbes.com/profile/marc-stad/ |access-date=February 5, 2023 |website=Forbes |language=en |archive-date=February 5, 2023 |archive-url=https://web.archive.org/web/20230205105718/https://www.forbes.com/profile/marc-stad/ |url-status=live }} Stad was an investment professional who had previously worked at the Investment Group of Santa Barbara, TPG Capital and McKinsey & Company.

Dragoneer describes itself as a growth-oriented investment firm with more than $17 billion in long-duration capital from institutional funds such as endowments, foundations, sovereign wealth funds and family offices.{{Cite web |last=Tan |first=Gillian |date=July 7, 2021 |title=Dragoneer, Altimeter Look to New Funds as Unicorns Burgeon |url=https://www.bloomberg.com/news/articles/2021-07-06/dragoneer-altimeter-eye-raising-new-funds-as-unicorns-burgeon |url-status=live |archive-url=https://web.archive.org/web/20210709193727/https://www.bloomberg.com/news/articles/2021-07-06/dragoneer-altimeter-eye-raising-new-funds-as-unicorns-burgeon |archive-date=July 9, 2021 |access-date=July 8, 2021 |website=www.bloomberg.com}}

For public markets, Dragoneer manages long-only strategy funds that invests in technology companies.

For private markets, Dragoneer manages private growth equity funds that provides funding to private technology companies. The firm avoids going through the traditional fundraising method and instead tries other methods such as secondary stock sales or using convertible debt notes.{{Cite web |last=Schleifer |first=Theodore |date=December 6, 2017 |title=Marc Stad, behind the scenes, is winning ownership stakes in Silicon Valley's hottest companies |url=https://www.vox.com/2017/12/6/16692134/marc-stad-dragoneer-recode-100-investment |access-date=February 5, 2023 |website=Vox |language=en}}

In August 2020, Dragoneer Growth Opportunities Corp was listed on the New York Stock Exchange (Ticker: DGNR) raising $600 million.{{Cite web |date=August 14, 2020 |title=Dragoneer Growth Opportunities Corp. Announces Pricing of $600,000,000 Initial Public Offering |url=https://www.businesswire.com/news/home/20200813005845/en/Dragoneer-Growth-Opportunities-Corp.-Announces-Pricing-of-600000000-Initial-Public-Offering |access-date=July 8, 2021 |website=www.businesswire.com |language=en |archive-date=July 9, 2021 |archive-url=https://web.archive.org/web/20210709190239/https://www.businesswire.com/news/home/20200813005845/en/Dragoneer-Growth-Opportunities-Corp.-Announces-Pricing-of-600000000-Initial-Public-Offering |url-status=live }} DGNR is a SPAC which is a blank-check company. On February 3, 2021, it was announced that Auto-insurance IT provider, CCC Information Services would become a listed company by merging with DGNR in a deal worth $7 billion.{{Cite news |last=Scism |first=Maureen Farrell and Leslie |date=February 3, 2021 |title=WSJ News Exclusive {{!}} CCC Information Services to Go Public in $6.5 Billion SPAC Merger |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/ccc-information-services-to-go-public-in-6-5-billion-spac-merger-11612353600 |access-date=July 8, 2021 |issn=0099-9660 |archive-date=July 9, 2021 |archive-url=https://web.archive.org/web/20210709185749/https://www.wsj.com/articles/ccc-information-services-to-go-public-in-6-5-billion-spac-merger-11612353600 |url-status=live }}

In November 2020, a second SPAC, Dragoneer Growth Opportunities Corp II was listed on the Nasdaq (Ticker: DGNS) raising $240 million.{{Cite web |last=Capital |first=Renaissance |title=Dragoneer's second SPAC Dragoneer Growth Opportunities II prices upsized $240 million IPO at $10 |url=https://www.nasdaq.com/articles/dragoneers-second-spac-dragoneer-growth-opportunities-ii-prices-upsized-%24240-million-ipo |access-date=July 8, 2021 |website=www.nasdaq.com |language=en}} In July 2021, Cvent became a listed company by merging with DGNS in a deal worth $5.3 billion.{{Cite news |last=Niket |first=Nishant |date=July 23, 2021 |title=Tech firm Cvent to return to public markets via $5.3 bln blank-check deal |language=en |work=Reuters |url=https://www.reuters.com/technology/tech-firm-cvent-go-public-53-bln-blank-check-deal-2021-07-23/ |access-date=February 5, 2023 |archive-date=February 5, 2023 |archive-url=https://web.archive.org/web/20230205105725/https://www.reuters.com/technology/tech-firm-cvent-go-public-53-bln-blank-check-deal-2021-07-23/ |url-status=live }}

In March 2021, a third SPAC, Dragoneer Growth Opportunities Corp III was listed on the Nasdaq (Ticker: DGNU) raising $400 million.

{{Cite web |last=Capital |first=Renaissance Capital |title=SPAC Dragoneer Growth Opportunities III prices $400 million IPO |url=https://www.nasdaq.com/articles/spac-dragoneer-growth-opportunities-iii-prices-%24400-million-ipo-2021-03-23 |access-date=July 8, 2021 |website=www.nasdaq.com |language=en}}

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• Airbnb{{Cite news|title=Airbnb closes $475 million funding round|language=en|work=Fortune|url=https://fortune.com/2014/08/01/airbnb-closes-475-million-funding-round/|access-date=July 8, 2021|archive-date=May 14, 2021|archive-url=https://web.archive.org/web/20210514130201/https://fortune.com/2014/08/01/airbnb-closes-475-million-funding-round/|url-status=live}}
• Alibaba Group{{Cite web|last=Gaffney|first=Mark|date=January 25, 2021|title=Best large hedge funds to clone?WhaleRock, SCGE and Dragoneer lead the pack.|url=https://whalewisdomalpha.com/best-large-hedge-funds-to-clone/|access-date=July 8, 2021|website=WhaleWisdom Alpha|language=en-US}}
• AppFolio
• Atlassian
• Chime
• Compass, Inc.{{citation needed|date=July 2021}}
• CRED
• Databricks
• Discord{{cite news |last1=Roof |first1=Katie |title=Dragoneer Expected to Lead Discord Round at $15 Billion Value |url=https://www.bloomberg.com/news/articles/2021-08-25/dragoneer-said-to-be-leading-discord-round-at-15-billion-value |newspaper=Bloomberg.com |date=August 25, 2021 |access-date=August 28, 2021}}
• Dollar Shave Club
• Domo
• DoorDash
• Etsy
• Flipkart{{Cite web|title=Flipkart Raises $160M From Dragoneer Investment, Morgan Stanley Investment & Others {{!}} MediaNama|url=https://www.medianama.com/2013/10/223-flipkart-160m-investment/|access-date=July 8, 2021|website=www.medianama.com|date=October 9, 2013|language=en-US}}
• Glassdoor
• Gusto
• HackerOne{{Cite web|date=February 8, 2017|title=HackerOne Raises $40 Million to Make the Internet Safer for Everyone|url=https://www.businesswire.com/news/home/20170208005334/en/HackerOne-Raises-40-Million-to-Make-the-Internet-Safer-for-Everyone|access-date=July 8, 2021|website=www.businesswire.com|language=en|archive-date=July 9, 2021|archive-url=https://web.archive.org/web/20210709185602/https://www.businesswire.com/news/home/20170208005334/en/HackerOne-Raises-40-Million-to-Make-the-Internet-Safer-for-Everyone|url-status=live}}
• Hortonworks
• Instacart
• Klarna{{Cite web|title=Klarna raises $460 million, looks to expand its payments presence in the US|url=https://techcrunch.com/2019/08/06/klarna-raises-460-million-looks-to-expand-its-payments-presence-in-the-u-s/|access-date=July 8, 2021|website=TechCrunch|date=August 6, 2019|language=en-US}}
• MercadoLibre
• Metropolis Technologies
• New Relic
• Nubank
• Procore
• Redfin
• ResearchGate
• Roblox{{Cite news|last=Sen|first=Joshua Franklin, Anirban|date=January 6, 2021|title=Gaming site Roblox valued at $30 bln, plans direct listing|language=en|work=Reuters|url=https://www.reuters.com/article/us-roblox-ipo-idUSKBN29B30M|access-date=July 8, 2021|archive-date=February 5, 2021|archive-url=https://web.archive.org/web/20210205045215/https://www.reuters.com/article/us-roblox-ipo-idUSKBN29B30M|url-status=live}}
• Slack
• Snapchat
• Snowflake
• Spotify
• Strava
• Tekion Corp
• Uber
• UiPath
• Wealthfront
• Whatfix{{Cite web|title=Whatfix nabs $90M to help workers onboard and get the most out of their IT stacks|url=https://techcrunch.com/2021/06/08/whatfix-nabs-90m-to-help-workers-onboard-and-get-the-most-out-of-their-it-stacks/|access-date=July 8, 2021|website=TechCrunch|date=June 8, 2021|language=en-US}}

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{{reflist}}

• [https://www.dragoneer.com/ www.dragoneer.com] (Company Website)
• [https://www.dragoneergrowth.com/ www.dragoneergrowth.com] (Capital Markets Platform)

{{Hedge funds}}{{Private equity and venture capital}}

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Category:Financial services companies established in 2012

Category:Financial services companies based in California

Category:Companies based in San Francisco

Category:Hedge fund firms of the United States

Category:Venture capital firms of the United States