Founded in 2015 by Trevor Kiviat and his classmates under the guidance of professor Kip Frey, DCP was initially known as the Duke Angel Network.

Since becoming managing director in 2019, Kurt Schmidt has significantly expanded DCP's reach, with over a thousand startups contacting the organization annually for funding.

Duke Capital Partners (DCP) is celebrating its 10th anniversary in 2025, having successfully invested $105 million in over 60 startups.

DCP evaluates around 200 startups each year, with a select few undergoing extensive testing before being presented to investors.

Beyond financial investment, DCP emphasizes mentorship and strategic guidance for startups, enhancing their chances of success.

The initiative connects Duke investors with Duke-affiliated startups, resulting in a portfolio valued at over $10 billion.

This portfolio has grown to include companies on four continents, reflecting DCP's expanding global influence.

DCP has established itself as a reputable player in the venture capital landscape, co-investing alongside major firms like Sequoia Capital and Google.

Highlighting its success, seven DCP portfolio companies made it to Forbes' 2025 list of America’s Best Startup Employers.

Notably, DCP boasts a significant contribution from faculty-founded startups, which, despite being less than 1% of reviewed companies, account for half of the investment capital.

The DCP Associates Program trains Duke students in venture capital, providing them with hands-on experience and unique opportunities in the industry.

Dr. Neil Roth, a DCP member, collaborates with startups like restor3d, showcasing the practical support DCP offers beyond funding.

Reflecting on his journey, Kiviat, now an investor member, emphasizes the community aspect of DCP and his growth from a student associate to a contributor.