Venture Capital Fund Index
Benchmark your fund against 427 venture firms’ latest raises, and see the LPs behind them.
- Size your fund against your peers. Every firm’s latest fund, its vintage and size, ranked, by region and stage.
- See who backs them. The LPs that report holding each firm’s funds, and how each fund performs where public LPs report it.
- Trust every number. Each figure links to its public source, so you can cite it in your deck.
$268B in disclosed capital across the latest funds of 427 firms
The numbers
| Latest fund | Firms |
|---|---|
| Under $50M | 51 |
| $50–100M | 41 |
| $100–250M | 86 |
| $250–500M | 63 |
| $500M–1B | 43 |
| $1–5B | 45 |
| $5B+ | 11 |
Also: 171 accelerators and startup programs, firms near you in venture capital by state, the whole index as CSV, and the free weekly email for managers raising.
| # | Firm | Headquarters | Latest fund | Fund size | AUM |
|---|---|---|---|---|---|
| 1 | SoftBank Vision FundSB Investment Advisers, SVF | London | SoftBank Vision Fund 2 | $30B | — |
| 2 | Andreessen Horowitza16z | Menlo Park | 2026 fund family (Growth, Apps, Infrastructure, American Dynamism, Bio + Health, other strategies) | $15B | $90B |
| 3 | Insight PartnersInsight Venture Partners | New York | Fund XIII + buyout co-invest fund + Opportunities Fund II | $12.5B | $90B |
| 4 | Thrive CapitalThrive | New York | Thrive X (early + growth) | $10B | — |
| 5 | Lightspeed Venture PartnersLightspeed, LSVP | Menlo Park | 2025 fund family (Venture XV-A, XV-B, Select VI, Opportunity III, co-invest) | $9B | $40B |
| 6 | General CatalystGC | Cambridge | Fund XII (core venture, Creation strategy, and SMAs) | $8B | $43B |
| 7 | Sequoia CapitalSequoia | Menlo Park | Expansion fund (US/Europe later-stage) | $7B | $56.3B |
| 8 | New Enterprise AssociatesNEA | Menlo Park | NEA 18 + NEA 18 Venture Growth Equity | $6.2B | $28B |
| 9 | Founders FundFF | San Francisco | Founders Fund Growth IV | $6B | — |
| 10 | Bessemer Venture PartnersBVP, Bessemer | San Francisco | 2026 fund family (seed/early + growth) | $5.8B | $20B |
| 11 | ICONIQ GrowthICONIQ, ICONIQ Capital | San Francisco | ICONIQ Growth Fund VII | $5.8B | $26B |
| 12 | Khosla VenturesKV | Menlo Park | 2025 fund family (seed, venture, opportunity) | $4B | — |
| 13 | Flagship PioneeringFlagship | Cambridge | Fund VIII + strategic partnership capital | $3.6B | $14B |
| 14 | AccelAccel Partners | Palo Alto | 2026 early-stage fund family (US, Europe/Israel, India, global expansion) | $3.5B | — |
| 15 | Kleiner PerkinsKP, Kleiner Perkins Caufield & Byers, KPCB | Menlo Park | KP22 + KP Select IV | $3.5B | — |
| 16 | Spark CapitalSpark | Boston | 2026 fund family (early + growth) | $3.3B | — |
| 17 | Battery VenturesBattery | Boston | Battery Ventures XV | $3.2B | — |
| 18 | ARCH Venture PartnersARCH | Chicago | ARCH Venture Fund XIII | $3B | — |
| 19 | Menlo VenturesMenlo | Menlo Park | Menlo Ventures XVII + Menlo Inflection IV | $3B | $8.5B |
| 20 | Norwest Venture PartnersNorwest, NVP | Palo Alto | NVP XVII | $3B | $15.5B |
| 21 | Granite AsiaGGV Capital (Asia) | Singapore | GGV Capital VIII fund family (pre-split, global) | $2.5B | $8.5B |
| 22 | GreenoaksGreenoaks Capital | San Francisco | Greenoaks Fund VI | $2.5B | — |
| 23 | HongShanSequoia Capital China, HSG | Beijing | HongShan RMB fund (2024) | $2.5B | $55B |
| 24 | Tiger Global ManagementTiger Global | New York | Private Investment Partners XVI (PIP 16) | $2.2B | — |
| 25 | Y CombinatorYC | San Francisco | 2021 early-stage funds (two funds) | $2.2B | — |
| 26 | BenchmarkBenchmark Capital | San Francisco | Benchmark XII + first growth fund | $2B | — |
| 27 | BONDBond Capital | San Francisco | BOND Fund II | $2B | — |
| 28 | Index VenturesIndex | London | Index Origin (seed) + Venture + Growth top-up (2026) | $2B | $13.2B |
| 29 | Bain Capital VenturesBCV | Boston | Bain Capital Ventures Fund XI | $1.6B | — |
| 30 | IVPInstitutional Venture Partners | Menlo Park | IVP XVIII | $1.6B | — |
| 31 | MPCiMatrix Partners China | Beijing | Matrix Partners China VII | $1.6B | $9.6B |
| 32 | Altimeter CapitalAltimeter | Boston | Altimeter Premier Growth VIII | $1.6B | — |
| 33 | Sapphire VenturesSapphire | Menlo Park | Sapphire Ventures Fund VII | $1.5B | $8.8B |
| 34 | 8VCEight VC | Austin | 8VC Fund VII | $1.5B | $6B |
| 35 | GreylockGreylock Partners | Menlo Park | Greylock 18 | $1.5B | — |
| 36 | Lux CapitalLux | New York | Lux Capital Fund IX | $1.5B | $7B |
| 37 | TCVTechnology Crossover Ventures | Menlo Park | TCV XII | $1.4B | — |
| 38 | GeorgianGeorgian Partners | Toronto | Georgian Growth Fund VI + Georgian Alignment Fund II | $1.4B | — |
| 39 | Craft VenturesCraft | San Francisco | Craft Ventures IV + Growth II | $1.3B | $3.3B |
| 40 | Balderton CapitalBalderton | London | Balderton Early Stage Fund IX + Growth Fund II | $1.3B | — |
| 41 | Pantera CapitalPantera | Menlo Park | Pantera Blockchain Fund (Fund IV) | $1.3B | — |
| 42 | Peak XV PartnersSequoia Capital India & SEA | Bengaluru | Peak XV 2026 funds (India Seed, India Venture, APAC) | $1.3B | $10B |
| 43 | Highland Europe | London | Highland Europe Fund VI | $1.2B | $4.3B |
| 44 | Atomico | London | Atomico Venture VI + Growth VI | $1.2B | — |
| 45 | Shunwei Capital顺为资本 | Beijing | Shunwei China Internet Fund IV + Opportunity Fund III | $1.2B | $3B |
| 46 | Paradigm | San Francisco | Paradigm venture fund (fourth fund overall) | $1.2B | — |
| 47 | Gaorong VenturesGaorong Capital, Banyan Capital, 高榕资本 | Beijing | Gaorong USD Fund V | $1.1B | $4B |
| 48 | EQT Ventures | Stockholm | EQT Ventures III | $1.1B | — |
| 49 | Meritech CapitalMeritech, Meritech Capital Partners | Palo Alto | Meritech Capital Partners VIII | $1.1B | — |
| 50 | Third Rock VenturesThird Rock | Boston | Fund VI | $1.1B | — |
| 51 | Emergence CapitalEmergence | San Francisco | Emergence VII | $1B | — |
| 52 | Haun Ventures | San Francisco | Two new funds (early + acceleration) | $1B | — |
| 53 | Northzone | London | Northzone X | $1B | — |
| 54 | Radical Ventures | Toronto | Radical Breakouts Fund | $1B | — |
| 55 | SignalFire | San Francisco | 2025 funds (Seed, Early, XIR, Opportunities) | $1B | $3B |
| 56 | Source Code Capital源码资本 | Beijing | Source Code Venture Fund V & Growth Fund II (USD) | $1B | $5.2B |
| 57 | KaszekKaszek Ventures | São Paulo | Kaszek Ventures VI + Kaszek Ventures Opportunity III | $975M | — |
| 58 | MayfieldMayfield Fund | Menlo Park | Mayfield XVII + Mayfield Select III | $955M | $3B |
| 59 | Shenzhen Capital Group深创投, SCGC, 深圳市创新投资集团 | Shenzhen | SCGC Hongtu No. 1 Fund (红土一号基金) | $950M | — |
| 60 | Qiming Venture Partners启明创投 | Shanghai | Qiming RMB Fund VII | $935M | — |
| 61 | Lightspeed China PartnersLuminous Ventures, LCP | Shanghai | Lightspeed China Partners V + Select II | $920M | — |
| 62 | FelicisFelicis Ventures | Menlo Park | Felicis Fund X | $900M | — |
| 63 | Scale Venture PartnersScaleVP, BA Venture Partners | Foster City | Scale Venture Partners VIII | $900M | — |
| 64 | DCM VenturesDCM | Menlo Park | DCM IX + DCM A-Fund III | $880M | — |
| 65 | Headlinee.ventures | San Francisco | Headline Growth IV | $865M | $4B |
| 66 | Canaan PartnersCanaan | Menlo Park | Canaan XIII + additional commitments | $850M | $6.8B |
| 67 | Breakthrough Energy VenturesBEV | Kirkland | Breakthrough Energy Ventures III | $839M | — |
| 68 | 5Y CapitalMorningside Venture Capital, 五源资本 | Shanghai | 5Y Capital Evolution Fund III (with co-investment vehicle) | $800M | $5B |
| 69 | Ribbit CapitalRibbit | Palo Alto | Ribbit Capital X | $800M | — |
| 70 | HV CapitalHoltzbrinck Ventures | Munich | HV Capital Fund IX (Venture + Growth) | $781M | — |
| 71 | EurazeoEurazeo Venture, Idinvest | Paris | Eurazeo Growth Fund IV | $760M | — |
| 72 | CRVCharles River Ventures | Palo Alto | CRV XX | $750M | — |
| 73 | OMERS Ventures | Toronto | OMERS Ventures Fund IV (transatlantic fund) | $750M | — |
| 74 | Dawn CapitalDawn | London | Dawn V + Dawn Opportunities III | $700M | $2B |
| 75 | Nexus Venture Partners | Mumbai | Nexus Ventures VIII | $700M | $3.2B |
| 76 | Blackbird VenturesBlackbird | Sydney | Blackbird 2025 Funds (Fund 6) | $693M | — |
| 77 | A91 Partners | Mumbai | A91 Emerging Fund III | $665M | — |
| 78 | JAFCO GroupJAFCO, Japan Associated Finance Co. | Tokyo | JAFCO SV7 Fund Series (V7 venture + BO7 buyout) | $656M | — |
| 79 | Accel IndiaAccel Partners India | Bengaluru | Accel India Fund VIII | $650M | — |
| 80 | March CapitalMarch Capital Partners | Santa Monica | March Capital Fund IV | $650M | $1.6B |
| 81 | Redpoint VenturesRedpoint | Woodside | Redpoint Ventures X (early stage) | $650M | — |
| 82 | Upfront VenturesUpfront | Los Angeles | Upfront VII + Growth III + Continuation Fund | $650M | — |
| 83 | Atinum Investment에이티넘인베스트먼트 | Seoul | Atinum Growth Investment Fund 2023 (에이티넘성장투자조합2023) | $647M | — |
| 84 | Primary Venture PartnersPrimary | New York | Fund V | $625M | — |
| 85 | Counterpoint GlobalCounterpoint Global (Morgan Stanley), Morgan Stanley Counterpoint Global, Counterpoint Ventures | New York | Counterpoint Ventures Master Fund | $620M | — |
| 86 | DCVCData Collective | Palo Alto | DCVC VII | $602M | — |
| 87 | Foundation Capital | Palo Alto | Fund 11 | $600M | — |
| 88 | BoxGroup | New York | BoxGroup Seven + BoxGroup Leaven | $550M | — |
| 89 | Z47Matrix Partners India, DZ47 | Bengaluru | Matrix Partners India Fund IV | $550M | — |
| 90 | Creandum | Stockholm | Creandum VII | $540M | $2B |
| 91 | Foundry GroupFoundry | Boulder | Foundry 2022 | $503M | — |
| 92 | Cherry VenturesCherry | Berlin | Cherry V (Early Stage + Opportunity) | $500M | — |
| 93 | Elevation CapitalSAIF Partners India | Gurugram | Elevation Fund IX | $500M | — |
| 94 | Forerunner VenturesForerunner | San Francisco | Fund VII | $500M | $3B |
| 95 | Glilot Capital PartnersGlilot Capital | Israel | Glilot Capital Seed + Glilot+ funds | $500M | $1B |
| 96 | Lightspeed IndiaLightspeed India Partners | New Delhi | Lightspeed India Partners IV | $500M | — |
| 97 | LocalGlobePhoenix Court, Latitude | London | Phoenix Court funds (LocalGlobe + Latitude + Solar + Basecamp) | $500M | — |
| 98 | Pelion Venture PartnersPelion, Pelion Ventures, Utah Ventures | Salt Lake City | Pelion Ventures VIII (Fund 8) | $500M | — |
| 99 | VenrockVenrock Associates | Palo Alto | Venrock Healthcare Capital Partners XP | $500M | — |
| 100 | Madrona Venture GroupMadrona | Seattle | Madrona Venture Fund X | $490M | — |
| 101 | Monolith Management砺思资本 | Beijing | Monolith Venture Fund II + debut RMB fund | $488M | — |
| 102 | Unusual VenturesUnusual | Menlo Park | Fund III | $485M | — |
| 103 | Atlas Venture | Cambridge | Atlas Venture Fund XIV | $450M | — |
| 104 | Northern Light Venture Capital北极光创投 | Beijing | Northern Light Venture Fund V | $450M | $4.5B |
| 105 | Alpha JWC Ventures | Jakarta | Alpha JWC Ventures III | $439M | — |
| 106 | Blossom CapitalBlossom | London | Blossom Capital Fund III | $432M | — |
| 107 | Pear VCPear | Menlo Park | Fund IV | $432M | $800M |
| 108 | PluralPlural Platform | London | Plural Fund II | $432M | — |
| 109 | AirTree VenturesAirtree | Sydney | Airtree Fund V (Seed A$250M + Growth A$400M) | $423M | — |
| 110 | Earlybird Venture CapitalEarlybird | Berlin | Earlybird Fund VIII | $418M | $2.9B |
| 111 | Fortune Capital达晨财智, 达晨创投, Fortune Venture Capital | Shenzhen | Fortune SME Fund II (达晨财智中小基金二期) | $413M | $7B |
| 112 | 20VCThe Twenty Minute VC, 20VC Fund | London | 20VC Fund III | $400M | — |
| 113 | 468 Capital | Berlin | 468 Capital Fund II | $400M | — |
| 114 | Amplify PartnersAmplify | Menlo Park | Amplify Partners V | $400M | — |
| 115 | U.S. Venture PartnersUSVP | Menlo Park | USVP XIII | $400M | — |
| 116 | Vertex Ventures Israel | Tel Aviv | Vertex VI + Vertex Opportunity II | $400M | — |
| 117 | YL Ventures | Tel Aviv | YL Ventures Fund V | $400M | $800M |
| 118 | Speedinvest | Vienna | Speedinvest 4 | $382M | $1.1B |
| 119 | Cyberstarts | Tel Aviv | Cyberstarts Opportunity Fund II | $380M | $1.4B |
| 120 | FirstMark CapitalFirstMark | New York | FirstMark V | $380M | $3.5B |
| 121 | Project A VenturesProject A | Berlin | Project A Fund V | $377M | $1.4B |
| 122 | AlvenAlven Capital | Paris | Alven VI | $375M | $2.1B |
| 123 | Team8Team8 Capital | Tel Aviv | Team8 Capital Fund III + follow-on capital | $365M | $2B |
| 124 | Obvious VenturesObvious | San Francisco | Obvious Ventures V | $360M | — |
| 125 | 1315 Capital | Philadelphia | 1315 Capital III | $350M | $1B |
| 126 | Altos Ventures | Menlo Park | Altos Korea Opportunity Fund 7 | $350M | — |
| 127 | PartechPartech Partners, Partech Ventures | Paris | Partech Impact Fund | $348M | $3.5B |
| 128 | Costanoa VenturesCostanoa | Palo Alto | Fund IV + Opportunity Fund II | $340M | — |
| 129 | AlleyCorp | New York | AlleyCorp Partners II | $335M | — |
| 130 | Coatue ManagementCoatue | New York | Coatue Ventures III | $331M | $70B |
| 131 | UTECThe University of Tokyo Edge Capital Partners, 東京大学エッジキャピタルパートナーズ | Tokyo | UTEC 6 | $326M | $1B |
| 132 | AtomicAtomic Venture Studio | Miami | Atomic Fund IV | $320M | $750M |
| 133 | Seedcamp | London | Seedcamp VII + Seedcamp Select | $320M | — |
| 134 | DecibelDecibel Partners, Decibel VC | Menlo Park | Decibel Partners III | $317M | — |
| 135 | B CapitalB Capital Group | San Francisco | B Capital Ascent Fund III | $307M | $12B |
| 136 | SOSV | Princeton | SOSV V | $306M | $1.5B |
| 137 | daphni | Paris | daphni Blue | $304M | — |
| 138 | Main Sequence VenturesMain Sequence | Sydney | Main Sequence Fund 3 | $302M | $670M |
| 139 | Draper Associates | San Mateo | Draper Associates VIII, L.P. | $301M | $2.3B |
| 140 | AlephAleph VC | Tel Aviv | Aleph IV | $300M | $850M |
| 141 | Entrée Capital | Tel Aviv | Entrée Capital core seed fund + Series A/B fund | $300M | $1.5B |
| 142 | Inovia CapitalInovia | Montreal | Inovia Growth Fund III | $300M | $2.2B |
| 143 | Lakestar | Zurich | Lakestar Resilience I | $300M | $6B |
| 144 | Partech Africa | Dakar | Partech Africa II | $300M | — |
| 145 | PitangoPitango Venture Capital | Herzliya | Pitango First + Pitango HealthTech (new funds) | $300M | $3B |
| 146 | Stellaris Venture Partners | Bengaluru | Stellaris Venture Partners Fund III | $300M | — |
| 147 | Oriza Chongyuan元禾重元 | Suzhou | Chongyuan No. 2 AI Fund (重元贰号基金) | $287M | $1.1B |
| 148 | P101P101 SGR, P101 Ventures | Milan | Programma 103 | $285M | $690M |
| 149 | Picus CapitalPicus | Munich | Picus Venture Fund II | $285M | — |
| 150 | monashees | São Paulo | monashees fund (2019) | $280M | — |
| 151 | Qumra Capital | Tel Aviv | Qumra Capital Fund IV | $275M | — |
| 152 | South Park CommonsSPC | San Francisco | South Park Commons Fund III | $275M | — |
| 153 | .406 VenturesPoint 406 Ventures | Boston | .406 Ventures Fund V | $265M | — |
| 154 | Cowboy VenturesCowboy | Palo Alto | Cowboy Ventures Fund IV + Cowboy Mustang Fund I | $260M | — |
| 155 | Village Global | San Francisco | Village Global III | $250M | — |
| 156 | Basis Set VenturesBasis Set | San Francisco | Basis Set Ventures IV | $250M | — |
| 157 | Boldstart VenturesBoldstart | New York | Boldstart Ventures VII | $250M | — |
| 158 | Lowercarbon CapitalLowercarbon | United States | Fusion fund | $250M | — |
| 159 | S3 Ventures | Austin | S3 Ventures Fund VIII | $250M | $1B |
| 160 | TLV Partners | Tel Aviv | TLV Partners Fund V | $250M | $1B |
| 161 | Viola VenturesViola, Viola Group | Herzliya | Viola Ventures VII + Viola Conviction Fund I | $250M | $1.5B |
| 162 | White Star Capital | — | White Star Capital Fund IV | $250M | — |
| 163 | Silverton Partners | Austin | Silverton Partners VII | $248M | $950M |
| 164 | Bonfire VenturesBonfire | Los Angeles | Bonfire Ventures IV | $245M | $1B |
| 165 | Neo | San Francisco | Early-stage fund + Opportunities fund | $235M | $600M |
| 166 | SerenaSerena Capital | Paris | Serena IV | $234M | $1.2B |
| 167 | Air Street CapitalAir Street | London | Air Street Capital Fund III | $232M | — |
| 168 | Stonebridge Ventures스톤브릿지벤처스 | Seoul | Stonebridge AI Global Investment Partnership (Funds No. 1 and No. 2) | $232M | $1.2B |
| 169 | ConvictionConviction Partners | San Francisco | Fund II | $230M | — |
| 170 | UP.PartnersUP, UP Partners | Santa Monica | UP.Partners Future Mobility Fund I | $230M | — |
| 171 | Vsquared VenturesVsquared | Munich | Vsquared Ventures II | $228M | — |
| 172 | Fireside Ventures | Bengaluru | Fireside Ventures Fund III | $225M | — |
| 173 | Uncork CapitalUncork, SoftTech VC | San Francisco | Uncork VIII | $225M | — |
| 174 | CDP Venture CapitalCDP Venture Capital SGR, Fondo Nazionale Innovazione | Rome | Fondo Rilancio | $220M | $5.6B |
| 175 | Nauta CapitalNauta | Barcelona | Nauta Tech Invest V | $220M | $640M |
| 176 | Hoxton VenturesHoxton | London | Hoxton Ventures III | $215M | — |
| 177 | LiveOak Venture PartnersLiveOak | Austin | LiveOak Venture Partners III | $210M | — |
| 178 | Global BrainGlobal Brain Corporation | Tokyo | Global Brain Flagship Fund IX | $207M | $2.7B |
| 179 | Norrsken22 | Johannesburg | Norrsken22 African Tech Growth Fund | $205M | — |
| 180 | Hashed해시드 | Seoul | Hashed Venture Fund II | $204M | — |
| 181 | 3one4 Capital | Bengaluru | 3one4 Capital Fund IV | $200M | $525M |
| 182 | Frontline VenturesFrontline | Dublin | Frontline Seed + Frontline Growth (2024) | $200M | — |
| 183 | Glasswing VenturesGlasswing | Boston | Glasswing Ventures Fund III | $200M | — |
| 184 | Lerer Hippeau | New York | Fund IX | $200M | $1.4B |
| 185 | Redalpine | Zurich | Redalpine Capital VII | $200M | $1.4B |
| 186 | Osage University PartnersOUP | Bala Cynwyd | Osage University Partners IV | $196M | — |
| 187 | Next Coast VenturesNCV | Austin | Next Coast Ventures III | $195M | — |
| 188 | AI Fund | Mountain View | AI Fund II | $190M | $370M |
| 189 | Kindred VenturesKindred | San Francisco | Kindred Ventures IV | $190M | — |
| 190 | AENU | Berlin | AENU fund (Fund I) | $189M | — |
| 191 | Grove Ventures | Tel Aviv | Grove III | $185M | $500M |
| 192 | b2venturebtov Partners, BrainsToVentures, btov | St. Gallen | b2venture Fund V | $175M | — |
| 193 | Blume Ventures | Mumbai | Blume Ventures Fund V | $175M | — |
| 194 | Pillar VCPillar | Boston | Pillar IV | $175M | $500M |
| 195 | Point NinePoint Nine Capital | Berlin | Point Nine Fund VI | $175M | — |
| 196 | True VenturesTrue | San Francisco | True Ventures IX | $172M | $2.8B |
| 197 | Vertex Ventures USVertex US | Palo Alto | Vertex Ventures US Fund III | $170M | — |
| 198 | MissionOG | Philadelphia | MissionOG Fund III | $167M | — |
| 199 | Beyond Next VenturesBNV, ビヨンド・ネクスト・ベンチャーズ | Tokyo | BNV Fund 3 | $164M | $306M |
| 200 | Oriza Hua元禾璞华, Oriza Puhua, Hua Capital Oriza Management | Suzhou | Oriza Hua Industrial M&A Fund (元禾璞华产业并购基金) | $164M | $1.4B |
No firms match. Try a shorter search or clear the filters.
About the data
Fund size is the firm’s most recent disclosed venture fund, or the combined total when several vehicles were announced together. Figures marked “first close” or “interim close” are not final and may grow. Amounts in other currencies are converted to US dollars at approximately the exchange rate when the fund closed. AUM is total assets under management as last reported by the firm or the press.
Fund performance comes from fund-level disclosures by public LPs (Alameda County Employees' Retirement Association (ACERA), Alaska Permanent Fund Corporation (APFC), Alaska Retirement Management Board (ARMB), Andra AP-fonden (AP2), Arkansas Teacher Retirement System (ATRS), CalPERS, CalSTRS, Chicago Teachers' Pension Fund (CTPF), Colorado Public Employees' Retirement Association (Colorado PERA), Connecticut Retirement Plans and Trust Funds (CRPTF), Contra Costa County Employees' Retirement Association (CCCERA), District of Columbia Retirement Board (DCRB), Employees' Retirement System of Rhode Island (ERSRI), Employees' Retirement System of the State of Hawaii (HIERS), Enterprise Ireland (Seed and Venture Capital Scheme), European Investment Fund (EIF), Fire and Police Pension Association of Colorado (FPPA), Greater Manchester Pension Fund (GMPF), Illinois Growth and Innovation Fund (Illinois State Treasurer), International Finance Corporation (IFC), Ireland Strategic Investment Fund, Kentucky Public Pensions Authority (KPPA), KfW Capital, Korea Venture Investment Corp. (Foreign VC Investment Fund), LACERA, Los Angeles City Employees' Retirement System (LACERS), Maine Public Employees Retirement System (MainePERS), Merseyside Pension Fund, Minnesota State Board of Investment, Montana Board of Investments, NYC Board of Education Retirement System (BERS), NYC Employees' Retirement System (NYCERS), NYC Fire Pension Fund, NYC Police Pension Fund, NYC Teachers' Retirement System, Nebraska Investment Council, New Hampshire Retirement System (NHRS), New Jersey Division of Investment, New Mexico Educational Retirement Board (NMERB), New Mexico State Investment Council, New York State Common Retirement Fund, New York Ventures (Empire State Development), New Zealand Superannuation Fund, Norfund (Norwegian Investment Fund for Developing Countries), North Carolina Retirement Systems (NCRS), Orange County Employees Retirement System (OCERS), Oregon Growth Account (Oregon Growth Board), Oregon State Treasury (OPERF), Pennsylvania PSERS, Pennsylvania SERS, Public Employee Retirement System of Idaho (PERSI), Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS), San Bernardino County Employees' Retirement Association (SBCERA), San Diego County Employees Retirement Association (SDCERA), South Carolina Retirement System Investment Commission (RSIC), South Dakota Investment Council (South Dakota Retirement System), State Universities Retirement System of Illinois (SURS), State of Michigan Retirement System (SMRS), State of Wisconsin Investment Board (SWIB), Teachers' Retirement System of Oklahoma (OTRS), Teachers' Retirement System of the State of Illinois (TRS), Teachers' Retirement System of the State of Kentucky (TRS), Texas Municipal Retirement System, US International Development Finance Corporation (DFC), UTIMCO (Permanent University Fund), University of California, Washington State Investment Board, West Yorkshire Pension Fund (WYPF)) and is shown on firm pages. Every figure links to its public source. Firms without a disclosed fund are listed last. Compiled from public reports as of October 9, 2026; may be incomplete.
Where the money goes: our Venture Ecosystem Index ranks US metro areas by startup raises and new venture funds in SEC Form D filings. For a global view, PitchBook’s Global VC Ecosystem Rankings (August 2026) place San Francisco first among VC hubs worldwide, followed by New York and Boston, with Austin growing fastest.