Investors by sector

Who funds what, sector by sector

1224 active venture and growth firms, grouped by the sectors they actually invest in. Each firm was read against its own website: advisories, lenders, recruiters and operating companies with fund-sounding names were removed, as were funds that have wound down.

Firms that invest across several sectors appear under each of them, so the numbers below add up to more than 1224.

Software and Internet1038 firms Healthcare and Life Sciences425 firms Financial Services296 firms Consumer and Retail238 firms Energy and Utilities204 firms Environmental and Safety173 firms Industrials and Manufacturing122 firms Transportation and Logistics93 firms Education87 firms Media and Communications82 firms Business and Professional Services77 firms Food and Beverage58 firms Agriculture42 firms Real Estate39 firms Materials and Chemicals25 firms Construction10 firms

By stage

Firms often invest across more than one stage, so a firm can appear in several of these counts.

156

Pre-seed

414

Seed

525

Series A

615

Series B and later

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Counts are distinct firms as of 2026-09-27. Sector and stage focus is as stated by the firm. We do not publish fund sizes or check-size ranges, because most firms do not publish them and we will not estimate one.