# Dropbox funding: rounds and investors

> Dropbox has raised $1.7B across 7 rounds since 2007. Investors include Sequoia Capital, Accel and QueensBridge Venture Partners. Every round with its source.

Source: https://millionrounds.com/company/dropbox (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Dropbox*

7 rounds we have observed, with the 26 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise

Y Combinator: S07

Funding summary Updated 26 Oct 2026

**$1.7B** raised across 7 rounds since 2007, from 7 sources

**$15K** Seed **$1.2M** Seed **$6.0M** Series A **$250M** Series B **$350M** Series C **$500M** Debt **$600M** Round

- **Latest round:** Round, $600M Mar 2017
- **Step-up i:** 1.2×
- **Investors:** 26

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007 2009 2011 2013 2015 2017

**$15K** Seed

**$1.2M** Seed

**$6.0M** Series A

**$250M** Series B

**$350M** Series C

**$500M** Debt

**$600M** Round

- **First round:** Seed, $15K
- **Biggest round:** $600M
- **Usual gap between rounds:** 2.3 years

[**Dropbox** Enterprise 1 / 22 Their pitch deck **Dropbox's pitch deck, 22 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/dropbox)

## The rounds

- **Mar 2017** Round **$600M** *1 new* [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Reported by Bloomberg
- **Apr 2014** Debt **$500M** *1 new* *1 returning* [JP Morgan](https://millionrounds.com/fund/jpmorgan) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) From a historical funding record SEC filing: $325M sold, first sale Jan 2014
- **Jan 2014** Series C **$350M** *6 new* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [BlackRock](https://millionrounds.com/fund/blackrock) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [ESO Fund](https://millionrounds.com/fund/eso-fund) [Innovation Department](https://millionrounds.com/fund/innovation-department) From a historical funding record SEC filing: $325M sold, first sale Jan 2014
- **Oct 2011** Series B **$250M** *10 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [SV Angel](https://millionrounds.com/fund/sv-angel) [Accel](https://millionrounds.com/fund/accel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Greylock](https://millionrounds.com/fund/greylock-partners) [Benchmark](https://millionrounds.com/fund/benchmark) [IVP](https://millionrounds.com/fund/ivp) [Glynn Capital Management](https://millionrounds.com/fund/glynn-capital) [AFSquare](https://millionrounds.com/fund/afsquare) [Valiant Capital Partners](https://millionrounds.com/fund/valiant-capital-partners) [RIT Capital Partners](https://millionrounds.com/fund/rit-capital-partners) Reported by techcrunch.com
- **Nov 2008** Series A **$6.0M** *1 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Accel](https://millionrounds.com/fund/accel) Reported by techcrunch.com
- **Sept 2007** Seed **$1.2M** *6 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Cota Capital](https://millionrounds.com/fund/cota-capital) [Signatures Capital](https://millionrounds.com/fund/signatures-capital) [Ali Partovi](https://millionrounds.com/fund/ali-partovi) [Amidzad Partners](https://millionrounds.com/fund/amidzad-partners) [Hadi Partovi](https://millionrounds.com/fund/hadi-partovi) Reported by techcrunch.com
- **Jun 2007** Seed **$15K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) From a historical funding record

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Andrew Houston** Executive Officer, Director i
- **Arash Ferdowsi** Executive Officer, Director i

On the board, as filed i *Bryan Schreier*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2007 **Seed** 2007 **Series A** 2008 **Series B** 2011 **Series C** 2014 **Debt** 2014 **Round** 2017 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Accel](https://millionrounds.com/fund/accel) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Greylock](https://millionrounds.com/fund/greylock-partners) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Benchmark](https://millionrounds.com/fund/benchmark)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[Accel](https://millionrounds.com/fund/accel) VC firm **2** rounds

[QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Greylock](https://millionrounds.com/fund/greylock-partners) VC firm **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round

[BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[IVP](https://millionrounds.com/fund/ivp) VC firm **1** round

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **1** round

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **1** round

[T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **1** round

[Signatures Capital](https://millionrounds.com/fund/signatures-capital) VC firm **1** round

[Ali Partovi](https://millionrounds.com/fund/ali-partovi) VC firm **1** round

[Amidzad Partners](https://millionrounds.com/fund/amidzad-partners) VC firm **1** round

[Glynn Capital Management](https://millionrounds.com/fund/glynn-capital) VC firm **1** round

[AFSquare](https://millionrounds.com/fund/afsquare) VC firm **1** round

[Hadi Partovi](https://millionrounds.com/fund/hadi-partovi) Angel **1** round

[Valiant Capital Partners](https://millionrounds.com/fund/valiant-capital-partners) VC firm **1** round

[ESO Fund](https://millionrounds.com/fund/eso-fund) Company **1** round

[Innovation Department](https://millionrounds.com/fund/innovation-department) VC firm **1** round

[RIT Capital Partners](https://millionrounds.com/fund/rit-capital-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dropbox).

## Quick answers about Dropbox

### Who invested in Dropbox?

Dropbox's investors include Sequoia Capital, Accel, QueensBridge Venture Partners, Y Combinator and SV Angel, and 21 more on record.

### How much has Dropbox raised?

Dropbox has raised $1.7B across 7 rounds since 2007.

### When did Dropbox last raise?

Dropbox's most recent round was an Undisclosed round of $600M in Mar 2017.

### What was Dropbox's biggest round?

Its most recent round, $600M in Mar 2017, is also its largest on record.

### Who backed Dropbox first?

Dropbox's first round on record, in Jun 2007, was backed by Y Combinator.

### What stage is Dropbox at?

Dropbox's latest named round is an Undisclosed round, in Mar 2017.

### Where is Dropbox based?

Dropbox is based in the United States.

## Companies like Dropbox

In the same sector, and raised in the last eighteen months.

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