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Dropbox Ventures

San Francisco, California · Invests in US; Europe · Website

Pre-SeedSeedSeries AB2B SaaSAI & Machine LearningDeveloper ToolsCybersecurityLegal TechEnterprise SoftwareDeveloper Tools & InfrastructureSecurity & CybersecurityLegal & Regtech

Thesis

The next generation of transformative work applications will be powered by AI. We seek to back founders building unique, innovative AI-powered tools that reshape how people collaborate, create, and manage information. Strategic integration with Dropbox ecosystem amplifies value.

Likely not a fit for

No consumer social networks, hardware/robotics, or non-AI businesses. Not suitable for companies requiring large seed checks or those seeking pure financial returns without product collaboration.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Observer
Fund status
Actively deploying
Assets under mgmt
$50M
Decision process
Partnership vote

Partners & team

4 contacts on file

LB

Lauren Baron

PartnerPartner · Primary contact

+ Pitch

l•••@dr•••.com

LinkedIn profile

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MM

Morris May

PartnerPartner

+ Pitch

m•••@dr•••.com

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DT

Donald Tucker

Head of Corporate Development and Ventures

+ Pitch
DH

Drew Houston

General PartnerCEO and Co-founder

+ Pitch

LinkedIn profile

X profile

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Portfolio

Aug X LabsMedia Entertainment

Aug X Labs is dedicated to democratizing video creation through AI technologies, offering an AI-assisted video creator called Augie that transforms scripts and recordings into engaging videos.

LlamaIndexEnterprise Software

LlamaIndex provides industry-leading document processing solutions and AI workflows, enabling businesses to automate and optimize their operations across various sectors.

Lightbeam AISecurity Cyber

Lightbeam AI provides solutions for data security posture management, access governance, privacy operations, and data classification, focusing on protecting sensitive information across various industries.

Bardeen.aiEnterprise Software

Bardeen is an AI automation software that helps users find and reach leads efficiently, offering tools for web scraping, lead enrichment, and integration with major productivity apps.

LakeraSecurity Cyber

Lakera is an AI-native security platform focused on securing generative AI applications and managing associated risks.

HighnoteFintech Payments

Highnote is a unified platform for embedded finance, providing solutions for issuing cards, accepting payments, and managing credit programs through a single API.

JustPaidEnterprise Software

JustPaid is an AI-powered revenue operations platform designed to streamline billing automation for B2B businesses. The platform simplifies complex workflows, enabling teams to manage their invoicing and payment processes more efficiently, ultimately reducing the hassle of chasing invoices.

MultimodalFintech Payments

Multimodal provides an AI platform tailored for finance and insurance, automating end-to-end workflows to enhance operational efficiency and turnaround times.

HalcyonSecurity Cyber

Halcyon is a leading anti-ransomware solution provider that specializes in protecting organizations from ransomware attacks through its dedicated platform and 24/7 expert support.

OnlookDeveloper Tools Infra

Onlook is a next-generation visual code editor that lets designers and product managers craft web experiences with AI. It is an open-source platform that allows teams to create and style prototypes and websites without any coding knowledge, bridging the gap between design and development.

FastinoEnterprise Software

Fastino is the market leader in agent personalization — providing the world’s most advanced API for user-level memory, retrieval, and adaptive reasoning. Fastino enables LLMs, agents, and AI platforms to understand users, remember context, and act with personalized intent across any workflow.

TextQLEnterprise Software

TextQL provides an AI-powered data analytics platform that enables users to query data from various sources in plain English, breaking down data silos and improving access to insights.

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Research briefRead more
Dropbox Ventures Research Document Executive Summary Dropbox Ventures is a $50 million venture capital fund launched by Dropbox, Inc. (public company, NASDAQ: DBX) dedicated to investing in early-stage AI-powered startups that are reimagining how work gets done. The fund leverages Dropbox's founder-led expertise and access to 700+ million registered users to provide strategic value beyond capital.

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