Dropbox Ventures

Dropbox Ventures is a part of the cloud storage company Dropbox. It specializes in making investments in start-ups that are developing tools and solutions using artificial intelligence (AI).

Dropbox Ventures is a funding program for strategic partnerships that was launched in June 2023 in conjunction with the launch of two new AI tools from Dropbox. According to the organization's website, it intends to provide financial support and business mentorship to its portfolio companies. Furthermore, the portfolio companies may have access to Dropbox's large user base to develop and test AI experiences to aid with the process of launching a new AI product or solution.

Dropbox Ventures is initially pledging to invest up to $50 million across various start-ups that focus on AI. According to the branch's website, Dropbox Ventures is looking for start-ups that transform current workflows and processes and teams with documented instances of success and innovation. Start-ups that are interested in receiving funding from Dropbox Ventures can initiate the process by emailing the company.