XG Ventures

XG Ventures is a Menlo Park-based seed and pre-seed venture capital firm founded in March 2008 by Pietro Dova and Andrea Zurek, both ex-Googlers who had strategic early-employee roles at Google. The firm's thesis is that exceptional early-stage teams need operator capital, not just dollars, and the partners actively advise founders on scaling, monetization, distribution and hiring, drawing on their experience inside one of the most successful technology platforms ever built. Its investment focus skews to consumer internet, mobile, video, gaming, social media and online media, but XG has also been an active B2B and SaaS investor, generally as a co-investor. Check sizes range from $250,000 to $1 million per round, deployed across a portfolio of approximately 109 companies. Outcomes have been strong for a small firm of its size: three unicorns in the portfolio, Genies, Carta and Rappi, three IPOs, including Box on the NYSE and Shift Technologies on NASDAQ in June 2019, and 45 acquisitions. Notable historical investments include Facebook, Box, Carta and Tynker, which was acquired by CodeHS in June 2025. The firm's most recent reported investment was in February 2024 in VectorShift, a software-development applications company; other recent bets include Metoro and Gently. The most recent portfolio exit prior to the Tynker acquisition was Science Exchange in September 2024. By pairing operator capital with the founders' Google pedigree, XG Ventures backs exceptional early-stage consumer-internet, B2B and SaaS teams and has built a track record featuring multiple unicorns, IPOs and dozens of acquisitions.