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GV (company)

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GV Management Company, L.L.C.
FormerlyGoogle Ventures (2010–2015)
TypeSubsidiary
IndustryVenture capital
FoundedMarch 31, 2010; 16 years ago (2010-03-31)
FounderBill Maris (founding CEO)[1][2]
Headquarters
Key peopleDavid Krane (CEO)
ProductsInvestments
Total assetsapproximately $10 billion[3]
Owner
Websitewww.gv.com

GV Management Company, L.L.C.[4] is a venture capital investment arm of Alphabet Inc., founded by Bill Maris,[5] that provides seed, venture, and growth stage funding to technology companies. Founded as Google Ventures in 2009,[6] the firm has operated independently of Google, Alphabet's search and advertising division, since 2015. GV invests in startup companies in a variety of fields ranging from the Internet, software, and hardware to life science, healthcare, artificial intelligence, transportation, cyber security and agriculture.[7]

History

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Logo when known as Google Ventures (2009–2015)

The group was founded as Google Ventures on March 31, 2009, with an initial $100 million capital commitment,[8] by Bill Maris who also became its first CEO.[9][10][11] In 2012, that commitment was raised to $300 million annually, and the fund has $2 billion under management.[12] In 2014, the group announced $125 million to invest in promising European startups, with the European operations led by Tom Hulme since 2014.

By 2014, it had invested in companies such as Shape Security.[13] In December 2015, the company was renamed GV and introduced a new logo.[14]

As of 2016, GV has been less active as a seed investor, instead shifting its attention to more mature companies.[15][16]

In 2020, GV promoted Terri Burns from principal to the firm’s first black female partner.[17] Since 2023, GV has had a focus on investing in AI native startups led by Michael McBride who joined from Gitlab and has invested in startups including Vercel, Lightmatter, Harvey, OpenEvidence, Synthesia and Attio. As of 2026, GV Europe reported that approximately 80% of its new investments were in AI or AI-native companies.[18][19][20] It had invested more than $1 billion in European startups, with notable investments including Neuralink and Q.ai, the latter of which was acquired by Apple.[21][22][23]

In 2026, GV participated as an existing investor in Stipple Bio's oversubscribed $100 million Series A financing, a precision oncology company focused on developing targeted cancer therapies.[24]

Structure

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In 2013, GV developed an intensive, five-day design process, called a Design Sprint, which helps startups solve problems quickly.[25][26][better source needed] In addition, GV provides portfolio companies with access to operational help after making a financial investment.[27] Full-time partners at GV work with portfolio companies on design and product management, marketing, engineering, and recruiting.[28]

See also

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References

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  1. ↑ Team
  2. ↑ "Team | Google Ventures". March 26, 2014. Archived from the original on March 26, 2014.
  3. ↑ Smith, Anne Kates. "The Private Assets Held in Public Companies". Kiplinger. Retrieved April 10, 2026.
  4. ↑ "Delaware Corporate Entity Search". Archived from the original on September 21, 2015. Retrieved March 5, 2022. (file no. 4726690)
  5. ↑ Bill Maris, CEO Profile
  6. ↑ Hartmans, Avery. "The founder of Google Ventures is launching a new venture fund". Business Insider. Retrieved June 1, 2026.
  7. ↑ "GV". gv.com. Retrieved December 16, 2015.
  8. ↑ Schonfeld, Erick (April 4, 2009). "The Google Ventures Cheat Sheet". TechCrunch. Retrieved April 15, 2009.
  9. ↑ "Google Ventures founder Bill Maris is back. Again". Axios. March 14, 2017.
  10. ↑ "Google Ventures and the Search for Immortality". Bloomberg.com. March 9, 2015.
  11. ↑ "Bill Maris Steps Down as CEO of Google Ventures". Fortune.
  12. ↑ "Exclusive: Google Ventures beefs up fund size to $300 million a year". Reuters. November 8, 2012.
  13. ↑ Primack, Dan. "Deals of the day: Shape Security raises $40 million". Fortune. Retrieved May 14, 2015.
  14. ↑ "Google Ventures Launches Rebranding Initiative". PYMNTS.com. December 7, 2015. Retrieved December 9, 2015.
  15. ↑ Chernova, Yuliya (December 6, 2015). "Google Ventures Dials Down Seed Deals, Urges Mature Startups to Go Public". WSJ. Retrieved April 11, 2018.
  16. ↑ Wong, Joon Ian (August 12, 2016). "Google's (GOOG) not investing in young startups anymore — Quartz". qz.com. Retrieved April 11, 2018.
  17. ↑ Courtney Connley (October 22, 2020). "Meet Terri Burns, the youngest and first black female partner at GV, formerly known as Google Ventures". CNBC. Retrieved June 23, 2021.
  18. ↑ Sullivan, Laurie (March 20, 2026). "Google Ventures Europe Mostly Invests In AI-Related Start-ups". MediaPost. Retrieved April 10, 2026.
  19. ↑ Hu, Krystal; Hu, Krystal (December 13, 2023). "Google Ventures adds general partner to back AI, open source startups". Reuters. Retrieved September 5, 2025.
  20. ↑ "GV - Portfolio". GV. Retrieved September 5, 2025.
  21. ↑ Sullivan, Laurie (March 20, 2026). "Google Ventures Europe Mostly Invests In AI-Related Start-ups". MediaPost. Retrieved April 10, 2026.
  22. ↑ Oscar Williams-Grut (October 28, 2014). "Bill Maris interview: Google Ventures into Europe". The Independent.
  23. ↑ "Google Ventures invests in Europe". July 9, 2014.
  24. ↑ "Stipple Bio Emerges From Stealth with Oversubscribed $100 Million Series A Financing". GlobeNewswire. April 6, 2026. Retrieved April 10, 2026.
  25. ↑ "How Google Ventures does rapid prototyping 'design sprints' with its 170 startups". VentureBeat. August 14, 2013.
  26. ↑ "Inside A Google Ventures Design Sprint". TechCrunch. October 23, 2013.
  27. ↑ "Will Google Ventures disrupt venture capital?". onstartups.com. Retrieved February 3, 2014.
  28. ↑ Manjoo, Farhad (April 16, 2012). "Google's Creative Destruction". Fast Company.
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