# Capital G

CapitalG Management Company LLC (formerly Google Capital) is Alphabet Inc.'s independent growth fund, investing in growth-stage technology companies. It operates with Alphabet as its sole limited partner, focusing on financial returns and leveraging Google's expertise.

CapitalG Management Company LLC, formerly known as Google Capital, is the independent growth fund under Alphabet Inc. that invests in growth-stage technology companies. The fund operates with Alphabet as its sole limited partner, allocating capital through annual funds. CapitalG describes its mandate as financial return, distinct from Google's Corporate Development group, which makes acquisitions aligned with Google's products. In addition to capital investment, CapitalG's approach includes giving portfolio companies access to Google's people, knowledge, and culture to support the companies' growth and offer them guidance.

## History

The fund began operating in 2013 but was only officially unveiled on February 19, 2014. The firm operates out of the Ferry Building in San Francisco. Following the Alphabet restructuring, Google Capital was renamed CapitalG on November 4, 2016.

## Team

CapitalG is led by managing partner Laela Sturdy. It was founded in 2013 by David Lawee, formerly Google's Vice President of Corporate Development, and before that, Google's first Vice President of Marketing. Lawee was joined by partners Gene Frantz (formerly a partner at private equity firm TPG), Laela Sturdy (now managing partner; before joining CapitalG she was a Managing Director of Emerging Businesses at Google), Derek Zanutto (formerly at TPG, Hellman & Friedman and GIC) and Jesse Wedler (who joined CapitalG in 2013 out of Stanford business school).

CapitalG also comprises over 50 advisors from senior positions within Google, who offer portfolio companies guidance in business areas such as data science, engineering, marketing, and product management.

## Investments

CapitalG has made notable investments in a range of growth-stage technology companies. These include [Waymo](https://www.wikiprompt.org/wiki/waymo), the autonomous driving unit that was part of Google, as well as [Intuitive Surgical](https://www.wikiprompt.org/wiki/intuitive-surgical), a leader in robotic-assisted surgery. The fund has also invested in [TomTom](https://www.wikiprompt.org/wiki/tomtom), a navigation and mapping company, and [BigBear.ai](https://www.wikiprompt.org/wiki/bigbear-ai), a provider of AI-powered analytics. Other portfolio companies include [Commure](https://www.wikiprompt.org/wiki/commure), a healthcare technology platform, and [Halcyon](https://www.wikiprompt.org/wiki/halcyon), a cybersecurity firm. CapitalG's investment strategy focuses on companies that can benefit from Google's expertise in areas like [artificial intelligence](https://www.wikiprompt.org/wiki/artificial-intelligence), [machine learning](https://www.wikiprompt.org/wiki/machine-learning), and cloud computing, while maintaining a primary goal of financial returns.

## Relationship to GV

CapitalG focuses on later-stage and growth equity investments, while GV invests in companies across all stages and industries. Another corporate division, Google's Corporate Development group, does acquisitions and investments that are strategic for Google's products and business. This separation allows CapitalG to pursue financial returns independently, without the strategic constraints that apply to other Alphabet investment arms. The fund's portfolio companies often gain access to Google's engineering and product teams, which can accelerate their growth in areas such as [generative AI](https://www.wikiprompt.org/wiki/generative-ai) and [large language models](https://www.wikiprompt.org/wiki/large-language-model).

## References

## External links

Official website
CapitalG on Index
CapitalG on LittleSis, a website that publishes data on who-knows-who between government, donors and business

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Source: https://www.wikiprompt.org/wiki/capital-g
License: CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/)
Last updated: 2026-09-09T01:56:17.97377+00:00