# Drew Houston: portfolio, investments and team

> Drew Houston is a vc firm based in United States. 13 investments on record, latest Jun 2022. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/drew-houston (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Drew Houston

Last cheque observed Jun 2022. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed Series A Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 13 on record

Since the last cheque **1580** days **00** hrs **00** min **00** sec

Median round **$9.4M** Rounds led **0 of 13** Mostly in **United States, 100%**

Pitch Drew Houston

## Drew Houston highlights

- 01 13 rounds on record
- 02 Mostly Seed and Series A: 75% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **13 appearances**

- **2022** 1 round
- **Jun** **[Regard](https://millionrounds.com/company/regard)** Series A · US · Foundry Group **$15M** With 5 others
- **2017** 1 round
- **Nov** **[Sourceress](https://millionrounds.com/company/sourceress)** US · FinSMEs **$3.5M** With 4 others
- **2015** 6 rounds
- **Oct** **[Convoy](https://millionrounds.com/company/convoy)** Seed · US **$2.5M** With 18 others
- **Sept** **[Triplebyte](https://millionrounds.com/company/triplebyte)** Venture · US **$3.0M** With 29 others
- **Sept** **[NextLesson](https://millionrounds.com/company/nextlesson)** Seed · US **$2.9M** With 9 others
- **Jun** **[HackerOne](https://millionrounds.com/company/hackerone)** Series B · US **$25M** With 7 others
- **Apr** **[Color Genomics](https://millionrounds.com/company/color-genomics)** Series A · US **$15M** With 13 others
- **Mar** **[Highfive](https://millionrounds.com/company/highfive)** Series B · US **$32M** With 7 others
- **2014** 1 round
- **Aug** **[Vurb](https://millionrounds.com/company/vurb)** Series A · US **$8.0M** With 21 others
- **2013** 2 rounds
- **Oct** **[Highfive](https://millionrounds.com/company/highfive)** Series A · US · techcrunch.com **$9.4M** With 5 others
- **Feb** **[Vurb](https://millionrounds.com/company/vurb)** Seed · US · techcrunch.com **$2.0M** With 16 others
- **2012** 1 round
- **Dec** **[Gusto](https://millionrounds.com/company/gusto)** Seed · US · techcrunch.com **$6.1M** With 25 others
- **2011** 1 round
- **Nov** **[Incident Technologies](https://millionrounds.com/company/incident-technologies)** Seed · US **$745K** With 12 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Seed Series A Series B

Median round joined **$9.4M** the round, not its cheque

Led 0 of 13 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2022

Rounds by stage said on their site

- Seed *5*
- Series A *4*
- Series B *2*
- Venture *1*

Cheques by year Led Joined

2011 2022

Often in the room with

- [Marc Benioff](https://millionrounds.com/fund/marc-benioff) 6
- [Aaron Levie](https://millionrounds.com/fund/aaron-levie) 4
- [Adrian Aoun](https://millionrounds.com/fund/adrian-aoun) 3
- [DCVC](https://millionrounds.com/fund/data-collective) 3
- [Jeremy Stoppelman](https://millionrounds.com/fund/jeremy-stoppelman) 3
- [Max Levchin](https://millionrounds.com/fund/max-levchin) 3

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## Who they invest alongside

The investors most often in the same rounds as Drew Houston. A count of rooms they were both in, not a relationship either has claimed.

[**Marc Benioff** VC firm **6** rounds together](https://millionrounds.com/fund/marc-benioff)[**Aaron Levie** VC firm **4** rounds together](https://millionrounds.com/fund/aaron-levie)[**Adrian Aoun** Angel **3** rounds together](https://millionrounds.com/fund/adrian-aoun)[**DCVC** VC firm **3** rounds together](https://millionrounds.com/fund/data-collective)[**Jeremy Stoppelman** Angel **3** rounds together](https://millionrounds.com/fund/jeremy-stoppelman)[**Max Levchin** VC firm **3** rounds together](https://millionrounds.com/fund/max-levchin)[**Naval Ravikant** VC firm **3** rounds together](https://millionrounds.com/fund/naval-ravikant)[**Raymond Tonsing** VC firm **3** rounds together](https://millionrounds.com/fund/raymond-tonsing)[**SV Angel** VC firm **3** rounds together](https://millionrounds.com/fund/sv-angel)[**Susa Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/susa-ventures)[**TenOneTen Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/tenoneten-ventures)[**Andreessen Horowitz** VC firm **2** rounds together](https://millionrounds.com/fund/andreessen-horowitz)

## Recently backed

The latest companies Drew Houston put money into.

[**Regard** $15M · Jun 2022](https://millionrounds.com/company/regard)[**Sourceress** $3.5M · Nov 2017](https://millionrounds.com/company/sourceress)

## On podcasts

6 episodes naming Drew Houston in the title, and 4 more that mention it.

- [TBPN](https://millionrounds.com/podcasts/tbpn) 23 Oct 2025 · 3h 23m AI Buildout Meets Capex Wall, The Browser Company Effect | Drew Houston, Jacob Andreou, Adam Fry, Ian Rogers, Molly Cantillon, Jonny Dyer, Mike Shebat With [Ian Rogers](https://millionrounds.com/person/ian-rogers)[Jacob Andreou](https://millionrounds.com/person/jacob-andreou) Mentions [Drew Houston](https://millionrounds.com/fund/drew-houston) Apple PodcastsShow page
- [Crucible Moments](https://millionrounds.com/podcasts/crucible-moments) 9 Jan 2025 · 51 min Dropbox ft. Drew Houston - How the Cloud Pioneer Reinvented Itself Mentions [Drew Houston](https://millionrounds.com/fund/drew-houston)[Akhil Gupta](https://millionrounds.com/person/akhil-gupta) Apple Podcasts
- [The Logan Bartlett Show](https://millionrounds.com/podcasts/logan-bartlett-show) 18 Oct 2024 · 1h 35m EP 119: Drew Houston (CEO, Dropbox): Reflections on the 17+ Year Battle Against Big Tech Mentions [Drew Houston](https://millionrounds.com/fund/drew-houston) Apple Podcasts
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 17 Oct 2022 · 44 min 20VC: Dropbox's Drew Houston on Leadership; Hiring, Firing, Breakpoints in Company Scaling, The Story of Nearly Getting Acquired by Steve Jobs and Apple, How Founders Should Think Through Potential Investors and Acquisitions Mentions [Drew Houston](https://millionrounds.com/fund/drew-houston)[Greylock](https://millionrounds.com/fund/greylock-partners)[Paul Graham](https://millionrounds.com/fund/paul-graham) *+1* Apple PodcastsShow page
- [Masters of Scale](https://millionrounds.com/podcasts/masters-of-scale) 12 Nov 2020 · 31 min Rapid Response: A virtual-first workplace, w/Dropbox's Drew Houston Mentions [Drew Houston](https://millionrounds.com/fund/drew-houston) Apple Podcasts
- [How I Built This](https://millionrounds.com/podcasts/how-i-built-this) 9 Nov 2020 · 51 min Dropbox: Drew Houston Mentions [Drew Houston](https://millionrounds.com/fund/drew-houston)[Arash Ferdowsi](https://millionrounds.com/fund/arash-ferdowsi) Apple Podcasts

### Mentioned in

- [Grit](https://millionrounds.com/podcasts/grit) 25 Aug 2025 · 1h 33m How Dropbox Beat Big Tech in the Cloud Wars Apple PodcastsShow page
- [Grit](https://millionrounds.com/podcasts/grit) 17 Mar 2025 · 1h 11m Bootstrapped to $12B: Mailchimp’s Ben Chestnut on Life After the Exit Apple PodcastsShow page
- [Crucible Moments](https://millionrounds.com/podcasts/crucible-moments) 22 Aug 2024 · 3 min Crucible Moments Season 2: Coming August 29 Apple Podcasts
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 15 Mar 2024 · 54 min Encore Episode: John Donahoe’s Lessons on Leadership and Being a Better CEO Apple PodcastsShow page

## Quick answers about Drew Houston

### What does Drew Houston invest in?

Drew Houston invests most often at Seed and Series A (75% of the rounds on record).

### How active is Drew Houston?

13 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2022.

### What has Drew Houston invested in recently?

Its most recent investments on record: Regard (Series A, Jun 2022) and Sourceress (Undisclosed round, Nov 2017).

### How big are Drew Houston's cheques?

The median round it joins is $9.4M.

### Does Drew Houston lead rounds?

Rarely, if at all: none of its 13 investments on record names it as the lead.

### Where does Drew Houston invest?

Most of the companies it backs are in the United States (100%).

### Is Drew Houston investing now?

No investments in the last 12 months; the latest was in Jun 2022.

### Who does Drew Houston invest alongside?

Most often Marc Benioff (6 rounds together), Aaron Levie (4 rounds together) and Adrian Aoun (3 rounds together).

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