Golden
DBL Partners

DBL Partners

DBL Partners is a San Francisco-based venture capital firm that focuses on impact investing. Its name is an abbreviation of Double Bottom Line. DBL Partners was founded in 2015 when DBL Investors combined with the clean tech practice of Technology Partners.

History

In 2004, J.P. Morgan & Co created a venture fund (the $75M Bay Area Equity Fund I) led by Nancy Pfund which made a number of impact investments including in Tesla Motors in 2006. The fund spun out of JP Morgan in 2008. In 2008, Pfund and Cynthia Ringo partnered and raised Fund II (the $150.8M DBL Equity Fund – BAEF II). In 2015 DBL partnered with Ira Ehrenpreis who led the clean tech practice of Technology Partners to found DBL Partners and successfully raise a $400m impact fund.

People

DBL’s Managing Partners are Nancy Pfund, Ira Ehrenpreis and Cynthia Ringo.

Investments

DBL has invested in a range of companies primarily with a focus on four sectors:

  • Clean tech
  • Health care
  • Information technology
  • Sustainable products & services sectors



DBL has invested in all three companies in which Elon Musk is substantially involved: Tesla Motors, SpaceX and SolarCity something Pfund has said is "not for the faint of heart”.

Timeline

Funded Companies

7 Results
Company
Company
Description
Description
Website
Website
Industry
Industry
Location
Location

A company offering an ecologically friendly commercial coffee roaster. It was founded in 2013 and is located in Berkeley, California. 

Farmers Business Network is a startup in San Carlos, CA utilizing data to provide enterprise solutions for farmers.

Andela is a cloud computing company creating distributed software engineering teams in Africa.

American geospatial technology company that produces tools for map designers and application developers

BrainScope is a Bethesda, Maryland-based company.

Wheels Labs is an Hollywood-based company.

Associated investment funds

2 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Total sold (USD)
Total sold (USD)
Location
Location
Date signed
Date signed
125,000,000
December 10, 2018
300,000,000
December 10, 2014

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