Dropbox Ventures
San Francisco, California · Invests in US; Europe · Website
Check size
🔒 $•• – $••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
Portfolio
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.
LlamaIndex provides industry-leading document processing solutions and AI workflows, enabling businesses to automate and optimize their operations across various sectors.
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 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.
Lakera is an AI-native security platform focused on securing generative AI applications and managing associated risks.
Highnote is a unified platform for embedded finance, providing solutions for issuing cards, accepting payments, and managing credit programs through a single API.
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.
Multimodal provides an AI platform tailored for finance and insurance, automating end-to-end workflows to enhance operational efficiency and turnaround times.
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.
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.
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.
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.
Recent activity
- Feb 2026
Spellbook
Seed · Lead
- Jan 2026
Kaya
Seed · Lead
- Dec 2025
Momentic
Seed · Lead
- Nov 2025
TextQL
Seed · Lead
- Oct 2025
Fastino
Seed · Lead
- Sep 2025
Onlook
Seed · Lead
- Aug 2025
Halcyon
Seed · Lead
- Jul 2025
Multimodal
Seed · Lead
Dropbox Ventures in the news
Telangana Today
KTR lauds Hyderabad entrepreneur Aarav Garg’s AI startup success
1 month ago
Axios
Model ML raises again, gene-editing gains backers and Solventum's wound care buy
9 months ago
TechCrunch
Momentic raises $15M to automate software testing
9 months ago
AlleyWatch
The Weekly Notable Startup Funding Report: 5/12/25
May 2025
boldstart ventures
Dropbox’s Drew Houston: Startups still need to stick to fundamentals in spite of AI hype
Mar 2025
The Business Journals
Austin cybersecurity firm Halcyon raises $100M at $1B valuation
Nov 2024
Global Venturing
Corporate AI funds: The list
Oct 2024
Digital Music News
Highnote Scores $2.5M Raise from Dropbox Ventures and Others
Oct 2024
The SaaS News
Bardeen Raises $3 Million in Funding
Aug 2024
TechCrunch
AI business agent startup Bardeen pulls in strategic investment from Dropbox and HubSpot
Aug 2024
Startupticker.ch
Lakera banks $20 million in series A round
Jul 2024
Sifted
How 'Gandalf' helped Atomico-backed AI security startup Lakera raise $20m
Jul 2024
Business Insider
Lakera, a Swiss cybersecurity for generative AI startup, just raised $20 million using this 10-slide pitch deck
Jul 2024
ADWEEK
12 Hot AI Startups That Brands Are Working With
Apr 2024
AlleyWatch
The Weekly Notable Startup Funding Report: 2/5/24
Feb 2024
businessinsider.com
Lightbeam.ai helps companies manage AI governance. It just raised $17.8 million with this 16-slide pitch deck.
Feb 2024
SiliconANGLE
AI-powered data security and privacy automation startup LightBeam.ai raises $17.8M
Feb 2024
Pulse 2.0
Aug X Labs: $3.1 Million Raised To Democratize Commercial Video Production for Businesses And Consumers
Oct 2023
AI Business
AI Startup Roundup: AI Voices That Sound Almost Human
Jun 2023
Global Venturing
Dropbox joins the AI rush with $50m fund
Jun 2023
Indiatimes
Cloud storage firm dropbox announces new ai powered tools 50 mn ai focused venture
Jun 2023
TechCrunch
Dropbox launches $50M AI-focused venture fund, intros AI features
Jun 2023
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