Dallas Venture Capital: A Cross-Border Investor in B2B Technology
Dallas Venture Capital is a cross-border venture capital firm investing from pre-seed through Series C in B2B SaaS, AI, cloud infrastructure, data, cybersecurity, and fintech. Its portfolio covers several technology sectors and investment stages. DVC reports $121 million in cumulative AUM for DVC Fund II and the DVC India Fund, with 24 investments recorded from 2021 onward.
Overview
Dallas Venture Capital, also known as DVC, is a venture capital firm operating from Dallas, Texas, and Hyderabad, India. The firm invests in technology companies across the US and India. Its areas include B2B SaaS, cloud infrastructure, AI and machine learning, data, cybersecurity, and other technology categories.
Investment Focus and Stage
DVC invests across pre-seed, seed, Series A, Series B, and Series C stages. Its portfolio includes companies working in AI, data infrastructure, platform engineering, fintech, cybersecurity, cloud operations, business intelligence, and application software.
The firm's portfolio includes investments at seed, pre-Series A, Series A, Series B, and Series C stages. Its stated investment range for Series A investments has been $2 million to $5 million.
Fund Size and Portfolio
DVC's firm information records $121 million in cumulative AUM and $50.5 million in cumulative capital deployed for DVC Fund II and the DVC India Fund from 2021 onward. It records 24 investments within this period.
DVC announced an $80 million Fund II in 2022. Its portfolio includes Kore.ai, HyperVerge, CoreStack, Fiddler, Prophecy, Alkira, AmplifAI, IntelleWings, and iTuring.ai.
Leadership
Dayakar Puskoor is the Founder and Managing Director of Dallas Venture Capital. His background includes work in technology and venture investing.
The firm's leadership team includes Gokul Dixit, Kiran Kalluri, Ravish Ailinani, and Shyam Penumaka. Abidali Neemuchwala is listed as an IC Member and Strategic Advisor. Earlier DVC materials identified Puskoor and Neemuchwala as co-founders.
