GGV Capital

GGV Capital is a venture capital firm that seeks globally minded founders and provides them with leadership development, talent networks, global perspective, and capital to succeed in the market. The firm follows a sector-focused investment strategy and aims to nurture local champions in new markets by applying global knowledge to local markets. GGV Capital is particularly interested in enterprise tech, smart tech, social/internet, and new technology sectors.

One of the key focuses of GGV Capital is shaping the digital transformation. They believe that the internet has fundamentally changed the world and there is still significant untapped potential. GGV Capital supports the next generation of technology companies that solve problems, overcome challenges, and contribute to digital infrastructure for people, enterprises, and communities worldwide. While digital transformation is already underway in the US and China, GGV Capital recognizes the emerging opportunities in Southeast Asia, India, and Latin America to reach the "next billion" internet users and companies.

GGV Capital has a diverse portfolio and invests across various stages, including seed capital, early venture, growth venture, and late stage/IPO. The typical investment size ranges from $500,000 to $30 million, although they may go beyond these limits for compelling opportunities. As of the latest available information, GGV Capital manages approximately $6.2 billion in assets.

GGV Capital has a rich history that spans over two decades, marked by its evolution and success in the venture capital industry. The firm, formerly known as Granite Global Ventures, was founded in 2000 with a mission to identify and support visionary founders and disruptive companies across the globe.

From its early beginnings, GGV Capital recognized the potential of technology to transform industries and create new opportunities. The firm quickly established itself as a leader in the venture capital space, attracting top-tier talent and building a strong investment team led by its managing partners.

With its dual headquarters in Singapore and Silicon Valley, GGV Capital positioned itself at the intersection of Asian and Western markets. This strategic positioning allowed the firm to gain unique insights into emerging trends, technologies, and consumer behaviours across different regions.

Over the years, GGV Capital has consistently demonstrated its ability to identify promising startups and help them navigate the challenges of scaling and growth. The firm's investment focus expanded to encompass a wide range of sectors, including Consumer/New Retail, Social/Internet, Enterprise/Cloud, and Smart Tech.

GGV Capital's investment portfolio grew rapidly, and it became known for its investments in game-changing companies that revolutionized industries. The firm has been involved in more than 200 active investments, with a significant presence in regions such as the United States, Latin America, Israel, Southeast Asia, China, and India. Notably, GGV Capital has supported over 56 companies that have achieved valuations exceeding $1 billion, solidifying its reputation as a key player in the venture capital ecosystem.

With a commitment to fostering transformative social and economic opportunities, GGV Capital has been instrumental in shaping the digital landscape and supporting the next generation of technology companies. The firm has actively funded startups that leverage technology to address real-world problems, disrupt traditional industries, and drive digital transformation.

In addition to its financial support, GGV Capital provides its portfolio companies with invaluable expertise, guidance, and strategic networks. The firm's managing partners and investment professionals work closely with founders, offering mentorship and leadership development to help them navigate the complexities of building successful companies in today's competitive market.

As GGV Capital continues to grow and expand its presence, it remains focused on its mission of supporting globally-minded founders who are ready to change the world. With its vast experience, deep industry knowledge, and global perspective, GGV Capital is well-positioned to identify and nurture the next wave of innovative startups that will shape the future.

GGV Capital has well-defined investment criteria that guide its decision-making process when considering potential investments. The firm seeks out companies and founders that align with its strategic focus and have the potential to create transformative impact in their respective industries. Here are key elements of GGV Capital's investment criteria:

• Sector Focus: GGV Capital employs a sector-thesis-driven approach to investing. The firm focuses on specific sectors, including Consumer/New Retail, Social/Internet, Enterprise/Cloud, and Smart Tech. By honing in on these sectors, GGV Capital leverages its expertise and deep industry knowledge to identify innovative companies with high growth potential.
• Stage of Investment: GGV Capital invests in companies at various stages of their growth journey, from seed to growth stages. This flexible approach allows the firm to support startups from their early stages and continue to provide capital and guidance as they scale and expand their operations.
• Global Perspective: As a global venture capital firm, GGV Capital seeks globally-minded founders and companies that have the potential to make an impact on a global scale. The firm actively looks for companies that can leverage technology to address local market needs and expand into new geographies.
• Market Potential: GGV Capital evaluates the market potential of a company's product or service. They look for companies that are targeting large addressable markets with significant growth opportunities. The firm assesses factors such as market size, market trends, competition, and potential barriers to entry.
• Strong Founding Team: GGV Capital places great importance on the founding team of a company. They seek out founders who are visionary, open-minded, and have a deep understanding of their industry. The firm looks for founders with a track record of execution, leadership skills, and the ability to attract and retain top talent.
• Technology and Innovation: GGV Capital is particularly interested in companies that leverage technology to create innovative solutions and disrupt traditional industries. They look for companies with differentiated technology, unique intellectual property, or a novel approach to solving problems. GGV Capital values companies that can drive digital transformation and shape the future of their industries.
• Scalability and Potential for Growth: GGV Capital seeks companies that have the potential for rapid growth and scalability. They assess a company's business model, revenue growth, customer acquisition strategies, and competitive advantage. GGV Capital looks for companies that can achieve market leadership and create sustainable value over the long term.

GGV Capital is driven by a set of core values that guide its investment philosophy and approach. These values shape the firm's interactions with founders, portfolio companies, and the broader entrepreneurial ecosystem. Here are the key values that define GGV Capital:

• Global Perspective: GGV Capital believes that talent and innovation are not confined to any specific location. The firm embraces a global mindset and actively seeks out founders and opportunities from around the world. GGV Capital recognizes the potential for game-changing ideas to emerge from diverse geographies and aims to support globally-minded entrepreneurs who are ready to make a positive impact on a global scale.
• Entrepreneur-Centric: GGV Capital puts founders at the centre of its investment strategy. The firm believes in partnering with visionary entrepreneurs who have the passion, drive, and commitment to build great companies. GGV Capital works closely with founders, providing them with the leadership development, talent networks, and capital needed to navigate the challenges of scaling their businesses.
• Sector Expertise: GGV Capital follows a sector-thesis-driven approach to investments. The firm develops deep expertise in specific sectors, such as enterprise tech, smart tech, social/internet, and new technology, allowing it to identify trends, opportunities, and potential disruptors within those industries. GGV Capital's sector-focused approach enables it to provide valuable insights and strategic guidance to its portfolio companies.
• Long-Term Partnership: GGV Capital is committed to building long-term partnerships with the founders it backs. The firm takes a patient and supportive approach, understanding that building a successful company takes time. GGV Capital works alongside founders, offering not just financial support but also mentorship, operational expertise, and access to its extensive network of industry leaders and resources.
• Digital Transformation: GGV Capital recognizes the transformative power of technology and the ongoing digital revolution. The firm actively seeks out companies that are driving digital transformation and shaping the future of industries. GGV Capital invests in companies that are solving complex problems, overcoming challenges, and supporting digital infrastructure to enhance the lives of people, enterprises, and communities globally.
• Emerging Market Focus: GGV Capital sees immense potential in emerging markets such as Southeast Asia, India, and Latin America. The firm believes that these regions are at the early stages of digital transformation and present significant growth opportunities. GGV Capital focuses on these markets to discover the "next billion" internet users and companies, supporting entrepreneurs who are at the forefront of driving innovation and economic development in these regions.

GGV Capital's mission is to partner with globally-minded founders and provide them with the support and resources they need to change the world through their innovative ideas and entrepreneurial spirit. The firm is committed to identifying and investing in companies that have the potential to drive significant social and economic impact, while also delivering strong financial returns.

At the core of GGV Capital's mission is the belief that great talent can come from anywhere. The firm actively seeks out founders from diverse backgrounds and geographies, recognizing that innovation knows no boundaries. GGV Capital aims to be a catalyst for growth and success, offering not just capital but also leadership development, access to talent networks, and a global perspective that helps founders navigate the complexities of today's market.

GGV Capital boasts a diverse and impressive portfolio of investments across a range of sectors and geographies. The firm has a keen eye for identifying innovative startups and visionary founders, supporting them on their growth journey, and helping them achieve their full potential. Here are some notable companies within GGV Capital's portfolio:

• Airbnb: GGV Capital was an early investor in Airbnb, the global online marketplace for lodging and experiences. The firm recognized the disruptive potential of Airbnb's platform, which revolutionized the travel and hospitality industry. Today, Airbnb is a household name and a dominant player in the sharing economy.
• Slack: GGV Capital invested in Slack, the popular team collaboration and communication platform. Slack transformed how teams collaborate and communicate in the workplace, becoming a leading player in the enterprise software market. The company went public in 2019 and has continued to grow its user base and expand its product offerings.
• Xiaomi: GGV Capital was an early investor in Xiaomi, a Chinese electronics company known for its smartphones, smart home devices, and Internet of Things (IoT) products. Xiaomi has become one of the largest smartphone manufacturers in the world and has expanded into various technology-driven consumer electronics markets.
• Peloton: GGV Capital invested in Peloton, the fitness technology company known for its interactive exercise equipment and subscription-based workout classes. Peloton disrupted the fitness industry by bringing immersive and convenient workout experiences to people's homes. The company went public in 2019 and has experienced significant growth.
• Grab: GGV Capital backed Grab, a Southeast Asian ride-hailing and on-demand delivery company. Grab has evolved into a super app, providing various services such as transportation, food delivery, digital payments, and financial services across Southeast Asia. The company has achieved remarkable success in a highly competitive market.
• HashiCorp: GGV Capital invested in HashiCorp, a software company that provides tools for cloud infrastructure automation, enabling organizations to manage their IT infrastructure efficiently. HashiCorp's open-source tools, such as Terraform and Vault, have gained widespread adoption in the DevOps community.
• Didi Chuxing: GGV Capital supported Didi Chuxing, a Chinese ride-hailing company that has become the dominant player in the Chinese market. Didi Chuxing offers a range of transportation services, including taxis, private cars, and bike-sharing. The company has expanded globally and has strategic partnerships with leading ride-hailing companies worldwide.

These are just a few examples of the companies in GGV Capital's portfolio. The firm's investment portfolio includes over 200 active companies across diverse sectors, including technology, e-commerce, software, consumer goods, and more. GGV Capital's portfolio showcases its ability to identify and invest in transformative companies that have redefined industries and created significant value for their customers and stakeholders.