The Startup Investor List for North America

No entry matches that filter. Try a shorter word, or clear the filter.

This is the North American half of the reference. The European list covers DACH and the rest of Europe; this one covers the United States and Canada.

The structure is different on this side of the Atlantic. Europe is a set of national scenes with national funds. North America is one market with a handful of metros in it, and most large funds write cheques into all of them. So the useful split here is by stage first, metro second.

Every link below was checked before publishing. Where a fund has no working public site, it is listed without one.

Multi-stage funds

These lead rounds from seed to growth. Most have a dedicated seed practice and a separate growth vehicle.

Fund Base Stage Notes
Sequoia Capital Menlo Park Seed to Growth Separate seed, venture and growth funds
Andreessen Horowitz Menlo Park Seed to Growth Vertical teams for AI, crypto, bio, American Dynamism
Benchmark San Francisco Series A Equal-partner model, deliberately small fund sizes
Greylock Menlo Park Seed to Series B Enterprise and consumer, strong incubation practice
Accel Palo Alto Seed to Growth Separate US, London and India funds
Lightspeed Menlo Park Seed to Growth Registered as an investment adviser, so it can hold public stock
Index Ventures SF and London Seed to Growth The most transatlantic of the large funds
Khosla Ventures Menlo Park Seed to Growth Deep tech, climate, hard science
Founders Fund San Francisco Seed to Growth Contrarian mandate, defense and space
General Catalyst Cambridge, MA Seed to Growth Health system and “global resilience” strategy
Bessemer Venture Partners SF and NYC Seed to Growth Publishes the State of the Cloud benchmarks
NEA Menlo Park Seed to Growth One of the largest funds by AUM, tech and healthcare
IVP San Francisco Series B+ Late-stage growth only
Insight Partners New York Growth Software buyouts and growth equity at scale
Thrive Capital New York Seed to Growth Concentrated positions, very few deals per year
Kleiner Perkins Menlo Park Seed to Series B Rebuilt around early stage after 2019
Redpoint Ventures Menlo Park Seed to Growth Separate early and growth funds
GV Mountain View Seed to Growth Alphabet’s venture arm, invests off its own balance sheet
Menlo Ventures San Francisco Seed to Growth Early AI positions, separate Anthology seed fund
Battery Ventures Boston and SF Seed to Growth Application software and infrastructure
Norwest Menlo Park Seed to Growth Evergreen fund, no fixed fund life

Seed and early-stage specialists

Funds that lead the first institutional round and stop there.

Fund Base Typical Check Focus
First Round Capital SF and NYC $1M-$3M Seed only, strong founder community product
Union Square Ventures New York $1M-$5M Network-effect businesses, thesis-driven
Initialized Capital San Francisco $1M-$5M Seed, founded by early YC partners
Uncork Capital Palo Alto $1M-$3M One of the oldest dedicated seed funds
Amplify Partners Menlo Park $1M-$5M Technical infrastructure, ML and developer tools
Felicis Menlo Park $1M-$10M Seed and Series A, global mandate
Craft Ventures San Francisco $1M-$5M SaaS and marketplaces, operator-led
Scale Venture Partners Foster City $3M-$15M Early go-to-market stage B2B
Emergence Capital San Mateo $5M-$20M Enterprise SaaS only
Village Global San Francisco $250K-$1M Network-led seed, backed by well-known founders
Pillar VC Boston $1M-$5M Boston seed, takes common stock alongside preferred
Glasswing Ventures Boston $1M-$5M AI-native enterprise and security
Lerer Hippeau New York $500K-$3M The most active NYC seed fund
FirstMark New York $1M-$10M NYC early stage, runs the Data Driven community
RRE Ventures New York $1M-$5M Long-running NYC fund
Brooklyn Bridge Ventures New York $400K-$600K First cheque, New York companies only
Notation Capital New York $250K-$750K Pre-seed, technical founders
Work-Bench New York $1M-$3M Enterprise software, sells into the NYC Fortune 500
Upfront Ventures Los Angeles $500K-$5M The anchor LA fund, runs Upfront Summit
Mucker Capital Los Angeles $500K-$2M Pre-seed and seed outside the Bay Area
Madrona Seattle $1M-$10M The Seattle institution, early Amazon backer
Pioneer Square Labs Seattle Studio + fund Company studio plus a separate venture fund
FUSE Seattle $2M-$10M Pacific Northwest B2B
LiveOak Venture Partners Austin $1M-$5M Texas-first, leads seed and Series A
Next Coast Ventures Austin $1M-$8M Texas and the middle of the country
S3 Ventures Austin $1M-$10M The largest Texas-only fund
Hyde Park Venture Partners Chicago $1M-$5M Midwest Series A
Chicago Ventures Chicago $500K-$3M Chicago and the Midwest, seed
M25 Chicago $250K-$1M Midwest only, very high deal volume
Drive Capital Columbus $1M-$50M Built specifically to fund the Midwest
Foundry Boulder $1M-$10M Colorado anchor fund, close to Techstars
Access Venture Partners Denver $500K-$3M Rocky Mountain early stage
Album VC Utah $1M-$5M Utah’s main early-stage fund
Kickstart Utah and Colorado $500K-$3M Pre-seed and seed in the Mountain West
Fuel Venture Capital Miami $1M-$10M The largest Miami-headquartered fund
BIP Ventures Atlanta $1M-$10M Southeast B2B software

Canada

Canadian rounds are smaller than US equivalents at the same stage, and the non-dilutive programs are considerably better.

Fund Base Stage Notes
Inovia Capital Montreal Seed to Growth The largest Canadian venture platform
Real Ventures Montreal Pre-seed, Seed Canada’s most active early-stage fund
Golden Ventures Toronto Pre-seed, Seed Toronto seed, generalist
Radical Ventures Toronto Seed to Growth AI only, one of the largest AI-specific funds globally
Georgian Toronto Series A+ Applied AI in B2B software
OMERS Ventures Toronto Series A+ Pension-backed, invests in Canada, US and Europe
Version One Ventures Vancouver Pre-seed, Seed Marketplaces, SaaS and crypto
Panache Ventures Vancouver Pre-seed Canada’s most active pre-seed fund
Relay Ventures Toronto Seed to Series B Mobile and sports technology
BDC Capital Canada-wide Seed to Growth Government-owned, invests directly and into funds

Accelerators

Program Base Investment Terms
Y Combinator San Francisco $500K $125K for 7%, plus $375K on an uncapped MFN SAFE
Techstars 40+ cities $120K $20K for 6%, plus a $100K convertible note
500 Global San Francisco $150K Flagship accelerator, 5,000+ companies backed
AngelPad SF and NYC $120K Small cohorts, consistently high seed conversion
Alchemist Accelerator San Francisco $25K-$100K Enterprise revenue only
HF0 San Francisco $500K Residency for repeat founders
Neo San Francisco Varies Talent-first, scouts engineers before they found
Z Fellows Remote $10K One week, aimed at very early founders
SOSV Global $150K-$500K Deep tech, runs HAX for hardware and IndieBio for bio
Entrepreneurs Roundtable Accelerator New York $100K+ The largest New York accelerator

Angel networks

Network Coverage Notes
AngelList Global Syndicates and rolling funds, the default US angel infrastructure
Angel Capital Association US-wide The umbrella body. Its directory lists every accredited group
Tech Coast Angels Southern California One of the largest angel groups in the US
Band of Angels Silicon Valley The oldest seed-stage angel group in the Valley
Golden Seeds US-wide Invests in companies with women in leadership

Non-dilutive funding

Americans underuse these the way Germans underuse EXIST.

Program Country Amount Details
SBIR / STTR US $50K-$2M+ Federal R&D grants across 11 agencies. No equity, no repayment
NSF America’s Seed Fund US Up to $2M The NSF’s SBIR track, deep tech and science
Small Business Administration US Varies Loan guarantees and the SBIC programme
NRC IRAP Canada Up to CAD 10M Advisory services plus non-repayable R&D contributions

Where to go next

If a fund is missing or something here is out of date, tell us and we will fix it.