Venture capital in California
826 venture firms are based in California, from SEC filings and the fund index. Below them are California’s other sources of capital, the LPs based here that report holding venture funds, and its SEC-registered family offices. How California ranks for startup raises and new funds: its Venture Ecosystem Index page.
On this page: 826 venture firms 141 new funds 274 other sources of capital 188 LPs 12 family offices.
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Venture firms based in California
110 firms in the Venture Capital Fund Index, by latest fund, then 716 advisers that report a venture fund on Form ADV, largest estimated venture assets first, from the Venture Adviser Directory. Each one’s page has its funds and, where an LP reports holding them, its LPs.
| # | Firm | Headquarters | Latest fund | Fund size | AUM |
|---|---|---|---|---|---|
| 1 | Andreessen Horowitza16z | Menlo Park | 2026 fund family (Growth, Apps, Infrastructure, American Dynamism, Bio + Health, other strategies) | $15B | $90B |
| 2 | Lightspeed Venture PartnersLightspeed, LSVP | Menlo Park | 2025 fund family (Venture XV-A, XV-B, Select VI, Opportunity III, co-invest) | $9B | $40B |
| 3 | Sequoia CapitalSequoia | Menlo Park | Expansion fund (US/Europe later-stage) | $7B | $56.3B |
| 4 | New Enterprise AssociatesNEA | Menlo Park | NEA 18 + NEA 18 Venture Growth Equity | $6.2B | $28B |
| 5 | Founders FundFF | San Francisco | Founders Fund Growth IV | $6B | — |
| 6 | Bessemer Venture PartnersBVP, Bessemer | San Francisco | 2026 fund family (seed/early + growth) | $5.8B | $20B |
| 7 | ICONIQ GrowthICONIQ, ICONIQ Capital | San Francisco | ICONIQ Growth Fund VII | $5.8B | $26B |
| 8 | Khosla VenturesKV | Menlo Park | 2025 fund family (seed, venture, opportunity) | $4B | — |
| 9 | AccelAccel Partners | Palo Alto | 2026 early-stage fund family (US, Europe/Israel, India, global expansion) | $3.5B | — |
| 10 | Kleiner PerkinsKP, Kleiner Perkins Caufield & Byers, KPCB | Menlo Park | KP22 + KP Select IV | $3.5B | — |
| 11 | Menlo VenturesMenlo | Menlo Park | Menlo Ventures XVII + Menlo Inflection IV | $3B | $8.5B |
| 12 | Norwest Venture PartnersNorwest, NVP | Palo Alto | NVP XVII | $3B | $15.5B |
| 13 | GreenoaksGreenoaks Capital | San Francisco | Greenoaks Fund VI | $2.5B | — |
| 14 | Y CombinatorYC | San Francisco | 2021 early-stage funds (two funds) | $2.2B | — |
| 15 | BenchmarkBenchmark Capital | San Francisco | Benchmark XII + first growth fund | $2B | — |
| 16 | BONDBond Capital | San Francisco | BOND Fund II | $2B | — |
| 17 | IVPInstitutional Venture Partners | Menlo Park | IVP XVIII | $1.6B | — |
| 18 | Sapphire VenturesSapphire | Menlo Park | Sapphire Ventures Fund VII | $1.5B | $8.8B |
| 19 | GreylockGreylock Partners | Menlo Park | Greylock 18 | $1.5B | — |
| 20 | TCVTechnology Crossover Ventures | Menlo Park | TCV XII | $1.4B | — |
| 21 | Craft VenturesCraft | San Francisco | Craft Ventures IV + Growth II | $1.3B | $3.3B |
| 22 | Pantera CapitalPantera | Menlo Park | Pantera Blockchain Fund (Fund IV) | $1.3B | — |
| 23 | Paradigm | San Francisco | Paradigm venture fund (fourth fund overall) | $1.2B | — |
| 24 | Meritech CapitalMeritech, Meritech Capital Partners | Palo Alto | Meritech Capital Partners VIII | $1.1B | — |
| 25 | Emergence CapitalEmergence | San Francisco | Emergence VII | $1B | — |
| 26 | Haun Ventures | San Francisco | Two new funds (early + acceleration) | $1B | — |
| 27 | SignalFire | San Francisco | 2025 funds (Seed, Early, XIR, Opportunities) | $1B | $3B |
| 28 | MayfieldMayfield Fund | Menlo Park | Mayfield XVII + Mayfield Select III | $955M | $3B |
| 29 | FelicisFelicis Ventures | Menlo Park | Felicis Fund X | $900M | — |
| 30 | Scale Venture PartnersScaleVP, BA Venture Partners | Foster City | Scale Venture Partners VIII | $900M | — |
| 31 | DCM VenturesDCM | Menlo Park | DCM IX + DCM A-Fund III | $880M | — |
| 32 | Headlinee.ventures | San Francisco | Headline Growth IV | $865M | $4B |
| 33 | Canaan PartnersCanaan | Menlo Park | Canaan XIII + additional commitments | $850M | $6.8B |
| 34 | Ribbit CapitalRibbit | Palo Alto | Ribbit Capital X | $800M | — |
| 35 | CRVCharles River Ventures | Palo Alto | CRV XX | $750M | — |
| 36 | March CapitalMarch Capital Partners | Santa Monica | March Capital Fund IV | $650M | $1.6B |
| 37 | Redpoint VenturesRedpoint | Woodside | Redpoint Ventures X (early stage) | $650M | — |
| 38 | Upfront VenturesUpfront | Los Angeles | Upfront VII + Growth III + Continuation Fund | $650M | — |
| 39 | DCVCData Collective | Palo Alto | DCVC VII | $602M | — |
| 40 | Foundation Capital | Palo Alto | Fund 11 | $600M | — |
| 41 | Forerunner VenturesForerunner | San Francisco | Fund VII | $500M | $3B |
| 42 | VenrockVenrock Associates | Palo Alto | Venrock Healthcare Capital Partners XP | $500M | — |
| 43 | Unusual VenturesUnusual | Menlo Park | Fund III | $485M | — |
| 44 | Pear VCPear | Menlo Park | Fund IV | $432M | $800M |
| 45 | Amplify PartnersAmplify | Menlo Park | Amplify Partners V | $400M | — |
| 46 | U.S. Venture PartnersUSVP | Menlo Park | USVP XIII | $400M | — |
| 47 | Obvious VenturesObvious | San Francisco | Obvious Ventures V | $360M | — |
| 48 | Altos Ventures | Menlo Park | Altos Korea Opportunity Fund 7 | $350M | — |
| 49 | Costanoa VenturesCostanoa | Palo Alto | Fund IV + Opportunity Fund II | $340M | — |
| 50 | DecibelDecibel Partners, Decibel VC | Menlo Park | Decibel Partners III | $317M | — |
| 51 | B CapitalB Capital Group | San Francisco | B Capital Ascent Fund III | $307M | $12B |
| 52 | Draper Associates | San Mateo | Draper Associates VIII, L.P. | $301M | $2.3B |
| 53 | South Park CommonsSPC | San Francisco | South Park Commons Fund III | $275M | — |
| 54 | Cowboy VenturesCowboy | Palo Alto | Cowboy Ventures Fund IV + Cowboy Mustang Fund I | $260M | — |
| 55 | Village Global | San Francisco | Village Global III | $250M | — |
| 56 | Basis Set VenturesBasis Set | San Francisco | Basis Set Ventures IV | $250M | — |
| 57 | Bonfire VenturesBonfire | Los Angeles | Bonfire Ventures IV | $245M | $1B |
| 58 | Neo | San Francisco | Early-stage fund + Opportunities fund | $235M | $600M |
| 59 | ConvictionConviction Partners | San Francisco | Fund II | $230M | — |
| 60 | UP.PartnersUP, UP Partners | Santa Monica | UP.Partners Future Mobility Fund I | $230M | — |
| 61 | Uncork CapitalUncork, SoftTech VC | San Francisco | Uncork VIII | $225M | — |
| 62 | AI Fund | Mountain View | AI Fund II | $190M | $370M |
| 63 | Kindred VenturesKindred | San Francisco | Kindred Ventures IV | $190M | — |
| 64 | True VenturesTrue | San Francisco | True Ventures IX | $172M | $2.8B |
| 65 | Vertex Ventures USVertex US | Palo Alto | Vertex Ventures US Fund III | $170M | — |
| 66 | Fika VenturesFika | Los Angeles | Fika Ventures Fund IV | $160M | — |
| 67 | Category VenturesCategory | San Francisco | Category Ventures I | $158M | — |
| 68 | Bloomberg Beta | San Francisco | Bloomberg Beta Fund IV + first opportunity fund | $150M | $450M |
| 69 | MaC Venture CapitalMaC VC | Los Angeles | MaC Venture Capital Fund III | $150M | $600M |
| 70 | Sunflower Capital | United States | Sunflower Capital Investment Fund II | $150M | — |
| 71 | Flex Capital | San Francisco | Flex Capital Fund II, L.P. | $149M | — |
| 72 | Threshold VenturesThreshold, DFJ Venture | Palo Alto | Threshold Ventures III | $147M | — |
| 73 | FloodgateFloodgate Fund | Palo Alto | Fund VII | $146M | — |
| 74 | Ballistic Ventures | Menlo Park | Ballistic Ventures Fund A | $130M | — |
| 75 | Initialized CapitalInitialized | San Francisco | Initialized VII | $114M | $3.2B |
| 76 | Crosscut VenturesCrossCut Ventures, Crosscut | Los Angeles | Crosscut Ventures VI | $100M | — |
| 77 | Polychain CapitalPolychain | San Francisco | Polychain Ventures IV | $85M | $5B |
| 78 | Boost VCBoost | San Mateo | Boost VC Deep Tech Fund 4 | $84M | $400M |
| 79 | LatticeLattice Capital, Lattice Fund | San Francisco | Lattice Capital II | $71M | — |
| 80 | Precursor VenturesPrecursor | San Francisco | Precursor Ventures V | $63M | — |
| 81 | Benhamou Global VenturesBGV | Menlo Park | BGV Opportunity Fund II (incl. II-A) | $50M | — |
| 82 | Plug and Play VenturesPlug and Play, Plug & Play, Plug and Play Tech Center | Sunnyvale | Plug and Play Fintech & AI Fund | $50M | $500M |
| 83 | 47th Street Partners47th Street | Menlo Park | 47th Street Partners I | $40M | — |
| 84 | Chapter OneChapter One Ventures | Santa Monica | Chapter One, Page Two | $40M | — |
| 85 | SV Angel | San Francisco | SV Angel X | $40M | — |
| 86 | 500 Global500 Startups | San Francisco | 500 Global Flagship VI | $34M | $2.3B |
| 87 | Hustle Fund | San Francisco | Hustle Fund IV | $33M | $125M |
| 88 | Root Ventures | San Francisco | Root Ventures I | $31M | — |
| 89 | HF0HF0 Residency | San Francisco | HF0 Fund IV, LP | $16M | — |
| 90 | Abstract VenturesAbstract | San Francisco | — | — | |
| 91 | Alif | San Francisco | — | — | |
| 92 | AmaranthineAmaranthine Partners, Amaranthine Fund I, LP | San Francisco | — | — | |
| 93 | Amity VenturesAmity | San Francisco | — | $2.3B | |
| 94 | Analog VenturesAnalog | San Francisco | — | — | |
| 95 | Backstage CapitalBackstage | Los Angeles | — | — | |
| 96 | BDev VenturesBdev Ventures | Mountain View | — | — | |
| 97 | Chamaeleon | San Mateo | — | — | |
| 98 | Dragoneer Investment GroupDragoneer | San Francisco | — | — | |
| 99 | Emerson CollectiveEmerson Collective, LLC | Palo Alto | — | — | |
| 100 | First Round CapitalFirst Round | San Francisco | — | — | |
| 101 | Garage Technology VenturesGarage.com | Palo Alto | — | — | |
| 102 | GVGoogle Ventures | Mountain View | — | $13B | |
| 103 | Heavybit | San Francisco | — | — | |
| 104 | Homebrew | San Francisco | — | — | |
| 105 | Notable CapitalGGV Capital (US) | United States | — | $5B | |
| 106 | Outcast Ventures | San Francisco | — | — | |
| 107 | Sutter Hill VenturesSHV | Palo Alto | — | — | |
| 108 | Unshackled VenturesUnshackled | San Francisco | — | — | |
| 109 | Visa Ventures | San Francisco | — | — | |
| 110 | WiLWorld Innovation Lab | Palo Alto | — | — |
| # | Adviser | Location | Venture funds | Private fund assets | Registered |
|---|---|---|---|---|---|
| 1 | DFJ GrowthDFJ Growth Management, LLC | San Mateo | 21 | $16.3B | 2012 |
| 2 | Horsley Bridge Partners LLC | San Francisco | 28 | $25.4B | 1997 |
| 3 | FTV CapitalFTV Management Company LP | San Francisco | 18 | $11.9B | 2026 |
| 4 | Draper Fisher JurvetsonDFJ Management, LLC | San Mateo | 4 | $11.6B | 2012 |
| 5 | Stepstone Group LP | La Jolla | 37 | $123B | 2007 |
| 6 | DBL PartnersDBL Management LLC | San Francisco | 8 | $9.2B | 2015 |
| 7 | CRV, LLC | Palo Alto | 20 | $8B | 2012 |
| 8 | EclipseEclipse Operations, LLC | Palo Alto | 42 | $7.4B | 2015 |
| 9 | Cosmic Management, LLC | West Hollywood | 21 | $7.3B | 2020 |
| 10 | Quid Capital Group Holdings, LLC | Santa Monica | 31 | $7.8B | 2020 |
| 11 | Future VenturesFuture Ventures Management, LLC | Los Altos | 16 | $6.6B | 2019 |
| 12 | Goodwater CapitalGoodwater Capital, LLC | Burlingame | 29 | $5.4B | 2014 |
| 13 | Quiet Capital Management, LLC | San Francisco | 61 | $5.4B | 2020 |
| 14 | Openai Startup Fund Management, LLC | San Francisco | 7 | $4.8B | 2021 |
| 15 | Next Legacy Management, LLC | Portola Valley | 47 | $4.5B | 2012 |
| 16 | Human CapitalHuman Capital Investment Management LLC | San Francisco | 40 | $4.2B | 2020 |
| 17 | Zeev VenturesZeev Ventures, LLC | Palo Alto | 13 | $4.1B | 2019 |
| 18 | Versant Venture Management, LLC | San Francisco | 28 | $3.9B | 2012 |
| 19 | Institutional Venture Management XVII, LLC | Menlo Park | 9 | $3.8B | 2020 |
| 20 | Sound Development, LLC | Santa Monica | 14 | $3.7B | 2016 |
| 21 | LGFM, LLC | West Hollywood | 34 | $3.6B | 2019 |
| 22 | Frazier Life Sciences Management, LP | Palo Alto | 4 | $7B | 2021 |
| 23 | Pinegrove Venture Partners, LLC | Menlo Park | 10 | $22.6B | 2023 |
| 24 | Playground GlobalPlayground Global, LLC | Palo Alto | 16 | $3.3B | 2015 |
| 25 | The Column GroupThe Column Group Management LP | San Francisco | 15 | $3.3B | 2012 |
| 26 | Foresite CapitalForesite Capital Management, LLC | West Hollywood | 9 | $3.2B | 2014 |
| 27 | Green Bay Advisors, LLC | Menlo Park | 15 | $3.2B | 2014 |
| 28 | Enigma Global, LLC | West Hollywood | 6 | $3.1B | 2025 |
| 29 | Ares Management LLC | Los Angeles | 5 | $418B | 2005 |
| 30 | Owl VenturesOwl Ventures, LLC | San Francisco | 19 | $2.9B | 2026 |
| 31 | Nexus Ventures Management, LLC | Menlo Park | 3 | $2.9B | 2021 |
| 32 | Tribe CapitalTribe Capital Management, Inc. | San Mateo | 61 | $3.8B | 2020 |
| 33 | Blockchain Capital, LLC | San Francisco | 12 | $2.9B | 2021 |
| 34 | Neo Ventures, LLC | San Francisco | 18 | $2.8B | 2018 |
| 35 | K1 Investment Management LLC | Manhattan Beach | 3 | $24.4B | 2016 |
| 36 | Wing Venture PartnersWing Venture Management, L.L.C. | Palo Alto | 14 | $2.7B | 2013 |
| 37 | Bedrock Fund Management, LLC | Los Angeles | 13 | $2.6B | 2018 |
| 38 | A.Capital VenturesA Capital Management, LLC | San Francisco | 9 | $2.6B | 2021 |
| 39 | Pegasus Tech Ventures, Inc. | San Jose | 43 | $2.6B | 2024 |
| 40 | Section 32, LLC | Palo Alto | 6 | $2.5B | 2017 |
| 41 | Crosslink Capital, Inc. | Menlo Park | 21 | $3.9B | 2000 |
| 42 | Westbridge Capital US Advisors, LP | San Mateo | 1 | $17.2B | 2012 |
| 43 | Vivo Capital, LLCVivo Capital LLC | Palo Alto | 6 | $6.5B | 2014 |
| 44 | Longitude Capital Management Co., LLC | Menlo Park | 6 | $2.4B | 2014 |
| 45 | DC Global VenturesDecheng Capital LLC | Menlo Park | 7 | $2.7B | 2020 |
| 46 | Fisher Lynch Capital, LLC | Burlingame | 3 | $9.5B | 2012 |
| 47 | Cendana CapitalCendana Capital Management, LLC | San Francisco | 17 | $2.3B | 2015 |
| 48 | Revelation Capital Management, LLC | Sausalito | 7 | $2.3B | 2016 |
| 49 | Lobby Capital and August CapitalAugust Capital Master Management Company, LLC | Palo Alto | 11 | $2.3B | 2022 |
| 50 | Allocate Management Company, LLC | Palo Alto | 98 | $2.3B | 2022 |
| 51 | Institutional Venture Management XVI, LLC | Menlo Park | 2 | $2.2B | 2017 |
| 52 | 137 Ventures Management, LLC137 Ventures Management LLC | San Francisco | 7 | $13.1B | 2015 |
| 53 | NFX Capital Management, LLC | San Francisco | 12 | $2.2B | 2019 |
| 54 | Electric Capital Partners, LLC | Palo Alto | 23 | $2.7B | 2021 |
| 55 | WCM Investment ManagementWCM Investment Management, LLC | Laguna Beach | 3 | $9.9B | 1976 |
| 56 | Sierra Ventures Management III, L.L.C. | San Mateo | 14 | $2B | 2012 |
| 57 | Dragonfly Digital Management, LLC | San Francisco | 4 | $3.5B | 2022 |
| 58 | Formation8 Partners, LLC | Los Altos | 7 | $1.9B | 2012 |
| 59 | Institutional Venture Management XVIII, LLC | Menlo Park | 3 | $1.9B | 2022 |
| 60 | Base10 Partners Management LLC | San Francisco | 21 | $1.9B | 2017 |
| 61 | Fifth Wall Asset Management, LLC | Santa Monica | 20 | $1.9B | 2020 |
| 62 | Avf Management LLC | San Francisco | 12 | $1.8B | 2019 |
| 63 | Venbio Partners LLC | San Francisco | 5 | $1.8B | 2017 |
| 64 | Logos Global Management, L.P. | San Francisco | 4 | $2.3B | 2019 |
| 65 | Geodesic Investments, L.L.C | Foster City | 5 | $1.7B | 2015 |
| 66 | Social CapitalThe Social+capital Partnership LLC | Menlo Park | 8 | $1.7B | 2024 |
| 67 | Uprising Management, LLC | San Francisco | 18 | $1.7B | 2015 |
| 68 | Institutional Venture Management XV, LLC | Menlo Park | 2 | $1.7B | 2015 |
| 69 | Redmile GroupRedmile Group, LLC | Larkspur | 7 | $4.6B | 2007 |
| 70 | Greatpoint Investment Management, LLC | San Francisco | 13 | $1.6B | 2018 |
| 71 | Storm VenturesStorm Ventures, L.L.C. | Palo Alto | 10 | $1.6B | 2012 |
| 72 | Slow Ventures, LLC | San Francisco | 14 | $1.5B | 2023 |
| 73 | Wil, LLC | Palo Alto | 5 | $2.3B | 2022 |
| 74 | G2vp, LLC | Portola Valley | 10 | $1.5B | 2017 |
| 75 | Carte Verte Management LLC | San Francisco | 22 | $1.4B | 2021 |
| 76 | Carrick Capital PartnersCarrick Capital Management Company, LLC | San Francisco | 21 | $2B | 2020 |
| 77 | Tenaya CapitalTenaya Capital, LLC | Palo Alto | 4 | $1.4B | 2020 |
| 78 | Pvglobal LLC | San Francisco | 15 | $1.4B | 2018 |
| 79 | Westlake Biopartners, LLC | Westlake Village | 4 | $1.4B | 2018 |
| 80 | M13 Holdings Company, LLC | Los Angeles | 9 | $1.3B | 2020 |
| 81 | M13 Ventures Management, LLC | Los Angeles | 9 | $1.3B | 2020 |
| 82 | Walden InternationalPacven Walden Management Co., Ltd. | San Francisco | 20 | $1.3B | 2018 |
| 83 | Founders Circle Capital, LLC | Campbell | 18 | $1.7B | 2014 |
| 84 | 010118 Management, L.P. | San Francisco | 13 | $1.3B | 2019 |
| 85 | Sofinnova Investments, Inc. | Menlo Park | 4 | $2.3B | 2017 |
| 86 | Susa Ventures Management, LLC | San Francisco | 20 | $1.3B | 2014 |
| 87 | Draper Management Company, LLC | San Mateo | 9 | $1.3B | 2017 |
| 88 | Galvanize Climate Solutions LLC | San Francisco | 3 | $6.7B | 2021 |
| 89 | A-Star Partners, LLC | San Francisco | 8 | $1.2B | 2021 |
| 90 | Defy Partners Management, LLC | Woodside | 5 | $1.2B | 2017 |
| 91 | Acrew Capital Management, L.P. | San Francisco | 9 | $1.2B | 2020 |
| 92 | Buckley Ventures Management Company LLC | San Francisco | 16 | $1.2B | 2021 |
| 93 | Forgepoint Capital Management, L.L.C. | San Mateo | 8 | $1.2B | 2016 |
| 94 | Olive Technology Ventures Management, LLC | Palo Alto | 31 | $1.2B | 2021 |
| 95 | Questa Capital Management, L.L.C. | San Francisco | 7 | $1.2B | 2016 |
| 96 | Telegraph Hill PartnersTelegraph Hill Partners Management Company LLC | San Francisco | 6 | $1.2B | 2012 |
| 97 | Ecor1 Capital, LLC | San Francisco | 1 | $3.4B | 2015 |
| 98 | Fifth Wall Ventures Management, LLC | Santa Monica | 9 | $1.1B | 2016 |
| 99 | At One Ventures Opco, LLC | Menlo Park | 6 | $1.1B | 2021 |
| 100 | Jazz Venture Partners, LLC | San Francisco | 6 | $1.1B | 2015 |
| 101 | Anthos CapitalAnthos Management, L.P. | Santa Monica | 7 | $1.4B | 2020 |
| 102 | Health Velocity Mgmt LLC | San Francisco | 7 | $1.1B | 2017 |
| 103 | Activate Capital PartnersActivate Capital Management, LP | San Francisco | 6 | $1.1B | 2020 |
| 104 | Northgate Capital, L.P. | Danville | 38 | $1.8B | 2006 |
| 105 | Congruent Management, LLC | San Francisco | 12 | $1B | 2017 |
| 106 | Factorial Funds Management LLC | San Francisco | 20 | $1.3B | 2025 |
| 107 | Dayton Craft Manager, LLC | Santa Monica | 3 | $1B | 2026 |
| 108 | Group 11Ursus Ventures | Beverly Hills | 23 | $971M | 2022 |
| 109 | Sozo VenturesSozo Ventures LLC | Redwood City | 5 | $950M | 2017 |
| 110 | Riot Ventures Management, LLC | Venice | 28 | $948M | 2022 |
| 111 | Nava Ventures, LLC | San Francisco | 7 | $939M | 2022 |
| 112 | Freestyle Capital Management, LLC | San Rafael | 12 | $935M | 2012 |
| 113 | NGP Capital US, LLC | Palo Alto | 4 | $934M | 2012 |
| 114 | Telescope Partners LLC | San Francisco | 13 | $934M | 2025 |
| 115 | Aspect Management, LLC | Palo Alto | 4 | $931M | 2015 |
| 116 | Toyota VenturesToyota A.I. Ventures Advisors, LLC | Los Altos | 7 | $928M | 2019 |
| 117 | Fundersclub Inc. | San Francisco | 179 | $920M | 2016 |
| 118 | Sigma Management 6, LLC | Campbell | 9 | $909M | 2012 |
| 119 | Commerce VenturesCommerce Ventures Management, LLC | San Francisco | 38 | $889M | 2021 |
| 120 | GGP Management, L.P. | Santa Monica | 13 | $868M | 2020 |
| 121 | Smash Ventures Management Company LP | West Hollywood | 5 | $3.6B | 2020 |
| 122 | Fifty Years Industries, LLC | San Francisco | 5 | $855M | 2022 |
| 123 | Javelin Venture Partners Management, LLC | San Francisco | 13 | $852M | 2012 |
| 124 | CelestaMNS Global Capital Managers, LLC | San Mateo | 9 | $850M | 2020 |
| 125 | Define Ventures Management, LLC | San Francisco | 6 | $849M | 2018 |
| 126 | TCG LabsTCG Labs Management, LP | San Francisco | 2 | $846M | 2023 |
| 127 | Vertex VenturesHC Capital Management, LLC | Palo Alto | 9 | $837M | 2015 |
| 128 | Liquid 2 Ventures, LLC | San Francisco | 7 | $830M | 2019 |
| 129 | LJV Management Company, LLC | San Francisco | 13 | $829M | 2024 |
| 130 | Informed Ventures Advisors, LLC | Menlo Park | 5 | $828M | 2020 |
| 131 | Artis Ventures Management, L.P. | San Francisco | 14 | $824M | 2023 |
| 132 | 3l Capital Management, LLC | Los Angeles | 9 | $915M | 2020 |
| 133 | Neotribe Management Company, LLC | Menlo Park | 7 | $823M | 2018 |
| 134 | Ten Eleven Ventures, LLC | Burlingame | 6 | $807M | 2015 |
| 135 | Aditum Bio Management Company, LLC | Oakland | 3 | $773M | 2019 |
| 136 | Diffusion Holdings LLC | San Francisco | 2 | $769M | 2026 |
| 137 | Core Venture CapitalCore Venture Capital, LLC | West Hollywood | 7 | $768M | 2012 |
| 138 | Clocktower Group, L.P. | Santa Monica | 6 | $2.3B | 2015 |
| 139 | Wndrco Capital Management LLC | San Francisco | 8 | $761M | 2026 |
| 140 | Bullpen Management, LLC | San Francisco | 20 | $754M | 2016 |
| 141 | Vida Ventures ManagementVida Ventures Management Co. LLC | Los Angeles | 2 | $752M | 2021 |
| 142 | Factory HQFactory HQ Advisors, LLC | Menlo Park | 3 | $752M | 2021 |
| 143 | Afore Capital Management, LLC | San Francisco | 17 | $732M | 2017 |
| 144 | Lmdagg, L.L.C. | West Hollywood | 2 | $728M | 2018 |
| 145 | Makers Investment Advisor II US Inc. | Woodland Hills | 9 | $718M | 2021 |
| 146 | Translink Capital, LLC | Palo Alto | 8 | $712M | 2012 |
| 147 | 5am Ventures5am Venture Management, LLC | San Francisco | 9 | $947M | 2021 |
| 148 | Theory Ventures Management, LLC | Portola Valley | 2 | $709M | 2023 |
| 149 | Cervin Ventures Management, LLC | Palo Alto | 14 | $706M | 2016 |
| 150 | Pruven Management Company, LLC | Palo Alto | 2 | $703M | 2020 |
| 151 | Ridge VenturesAudion Management Company, LLC | San Francisco | 11 | $699M | 2012 |
| 152 | Av Capital Management, L.L.C. | Menlo Park | 3 | $688M | 2017 |
| 153 | Altman Capital Management, LLCAlt Capital Management, LLC | San Francisco | 5 | $684M | 2023 |
| 154 | Nightdragon Management Company, LLC | San Francisco | 3 | $681M | 2023 |
| 155 | Fin CapitalFin Venture Capital Management LLC | San Francisco | 9 | $1.6B | 2022 |
| 156 | DBL Investors, LLC | San Francisco | 1 | $673M | 2014 |
| 157 | Haystack Management Company, LLC | San Francisco | 17 | $671M | 2018 |
| 158 | Matter Venture PartnersMatter Venture Partners, LLC | Los Altos | 2 | $670M | 2023 |
| 159 | Navitas Capital Management, LLC | Culver City | 12 | $669M | 2020 |
| 160 | Morpheus AdvisorsMorpheus Advisors, LLC | Sherman Oaks | 14 | $668M | 2016 |
| 161 | 1sharpe Capital LLC | San Francisco | 1 | $2.7B | 2017 |
| 162 | Jackson Square Ventures Management Company, LLC | San Francisco | 8 | $661M | 2022 |
| 163 | Ylv Management LLC | Mill Valley | 5 | $648M | 2013 |
| 164 | Illumina VenturesIif Management Company, LLC | Foster City | 3 | $643M | 2016 |
| 165 | Innovation Endeavors III Advisers LLC | Palo Alto | 3 | $636M | 2018 |
| 166 | Alpha Edison Management Company, LLC | Los Angeles | 31 | $635M | 2016 |
| 167 | Reach Management, LLC | San Francisco | 9 | $625M | 2018 |
| 168 | Hunniwell Lake VenturesHunniwell Lake Ventures, LLC | Palo Alto | 6 | $622M | 2026 |
| 169 | Builders VC, LLC | San Francisco | 12 | $606M | 2017 |
| 170 | Harpoon Management, LLC | San Diego | 10 | $604M | 2019 |
| 171 | Propel Venture Partners Management Co.Propel Venture Partners Management Co., LLC | San Carlos | 6 | $704M | 2022 |
| 172 | Nanodimension, Inc. | Woodside | 7 | $594M | 2020 |
| 173 | Pivotal Bioventure PartnersPivotal Bioventure Partners Investment Advisor LLC | San Francisco | 2 | $586M | 2017 |
| 174 | The GP Manager, LLC | San Francisco | 6 | $586M | 2022 |
| 175 | Sway Ventures Management LLC | Newport Beach | 24 | $577M | 2014 |
| 176 | Type One ManagementType One Management LLC | Malibu | 47 | $572M | 2024 |
| 177 | Ion Pacific, Inc. | Venice | 38 | $700M | 2025 |
| 178 | Shield Capital, LLC | Burlingame | 3 | $563M | 2021 |
| 179 | AcmeAcme, LLC | San Francisco | 15 | $710M | 2017 |
| 180 | Be Better Tomorrow, LLC | San Francisco | 8 | $560M | 2021 |
| 181 | Autotech Management, L.L.C. | Menlo Park | 7 | $555M | 2016 |
| 182 | Lightstone VenturesLSV Capital Management, LLC | Portola Valley | 6 | $553M | 2013 |
| 183 | Glynn Capital Management, LLC | Menlo Park | 4 | $1.5B | 1992 |
| 184 | BRV Management Co, L.L.C. | San Francisco | 5 | $550M | 2012 |
| 185 | Clear Venture Management, LLC | Palo Alto | 3 | $540M | 2016 |
| 186 | Danhua Capital Management, LLC | Menlo Park | 2 | $538M | 2016 |
| 187 | Acrew Diversify Capital Management, L.P. | San Francisco | 11 | $534M | 2022 |
| 188 | Amp Foundry Management LLC | San Francisco | 1 | $531M | 2026 |
| 189 | Innovation Endeavors IV Advisers LLC | Palo Alto | 3 | $524M | 2021 |
| 190 | Yosemite Management, LLC | San Francisco | 3 | $523M | 2023 |
| 191 | Resolute.Vc, LLC | San Francisco | 15 | $523M | 2014 |
| 192 | RPS Management LLC | Los Altos | 4 | $522M | 2020 |
| 193 | Lyfe U.S LLC | Menlo Park | 2 | $519M | 2019 |
| 194 | Sempervirens Ventures LLC | San Mateo | 10 | $517M | 2019 |
| 195 | Icon Management Associates VI, LLC | Palo Alto | 3 | $512M | 2016 |
| 196 | Angeleno Group, LLC | Beverly Hills | 8 | $577M | 2021 |
| 197 | Woori Venture Partners US, Inc. | Palo Alto | 5 | $509M | 2020 |
| 198 | MVP Ventures LLC | Menlo Park | 102 | $498M | 2024 |
| 199 | Gron Ventures, LLC | Newport Beach | 3 | $497M | 2020 |
| 200 | Bow Capital Management, LLC | Menlo Park | 3 | $494M | 2024 |
| 201 | S28 Capital LLC | San Francisco | 3 | $490M | 2022 |
| 202 | Moneta Ventures, LLC | Folsom | 9 | $481M | 2023 |
| 203 | Voyager Partners Management LLC | San Francisco | 4 | $478M | 2021 |
| 204 | Walden Catalyst Management, LLC | San Francisco | 3 | $477M | 2021 |
| 205 | Andra Capital LLC | San Francisco | 1 | $477M | 2026 |
| 206 | Blueprint Equity Management, LLC | La Jolla | 4 | $472M | 2021 |
| 207 | Vida Ventures AdvisorsVida Ventures Advisors, LLC | Los Angeles | 4 | $469M | 2019 |
| 208 | Westly Capital Management III, L.L.C. | Menlo Park | 5 | $468M | 2024 |
| 209 | Vertical Venture PartnersVertical Venture Partners, LLC | Palo Alto | 16 | $468M | 2024 |
| 210 | Wonder Ventures Management, LLC | Santa Monica | 12 | $466M | 2023 |
| 211 | Arrowroot Capital Management, LLC | Marina Del Rey | 9 | $466M | 2018 |
| 212 | Dag VenturesDag Ventures, LLC | Palo Alto | 12 | $465M | 2012 |
| 213 | Oss Capital, LLC | San Francisco | 6 | $462M | 2022 |
| 214 | Smith Point Capital Management, LLC | San Francisco | 1 | $457M | 2024 |
| 215 | Cobalt Investment Management LLC | Santa Monica | 12 | $452M | 2019 |
| 216 | Race Capital Management Company, L.L.C. | Palo Alto | 5 | $449M | 2023 |
| 217 | Evantic Capital, LLC | Beverly Hills | 4 | $444M | 2025 |
| 218 | BGV VC Management LLC | Menlo Park | 12 | $433M | 2026 |
| 219 | Cota Capital Management, LLC | San Francisco | 4 | $1.8B | 2018 |
| 220 | Footwork Management, LLC | San Francisco | 2 | $424M | 2021 |
| 221 | Standard Capital VenturesSCV Management LLC | Palo Alto | 1 | $423M | 2025 |
| 222 | Manhattan West Asset Management, LLC | Los Angeles | 44 | $502M | 2016 |
| 223 | Urban Innovation Management LLC | San Francisco | 9 | $416M | 2023 |
| 224 | Refactor Capital Management, LLC | Burlingame | 12 | $416M | 2023 |
| 225 | Ulu Ventures Management Company, LLC | Palo Alto | 3 | $415M | 2018 |
| 226 | Omega Venture PartnersOmega Venture Management, LLC | Menlo Park | 3 | $415M | 2021 |
| 227 | Aliment Capital, LLC | Los Angeles | 5 | $413M | 2017 |
| 228 | Artiman VenturesArtiman Management, L.L.C | Palo Alto | 12 | $411M | 2012 |
| 229 | Eso Management Services LLC | San Mateo | 5 | $411M | 2017 |
| 230 | Regalis Solutions LLC | Menlo Park | 1 | $408M | 2020 |
| 231 | Science Ventures Management, LLC | Vista | 11 | $405M | 2024 |
| 232 | Aix Ventures LLC | San Francisco | 3 | $402M | 2022 |
| 233 | Mosaik PartnersMosaik Partners, LP | San Francisco | 7 | $401M | 2022 |
| 234 | Red Tree Management, LLC | Redwood City | 5 | $399M | 2024 |
| 235 | Chemistry Ventures Management, LLC | San Francisco | 1 | $383M | 2024 |
| 236 | Sazze Partners, Inc. | Burlingame | 4 | $380M | 2025 |
| 237 | Wi Harper Group Inc | San Francisco | 6 | $379M | 2012 |
| 238 | Strong Ventures, LLC | Los Angeles | 16 | $369M | 2021 |
| 239 | Rocketship.Vc, LLC | Sunnyvale | 6 | $368M | 2019 |
| 240 | Calibrate Ventures Management, LLC | Pasadena | 18 | $368M | 2017 |
| 241 | Scribble Ventures Management, LLC | Portola Valley | 6 | $365M | 2021 |
| 242 | Clearstone Venture PartnersClearstone Venture Management Services, L.L.C | Santa Monica | 6 | $359M | 2012 |
| 243 | Strategy Capital LLC | Los Altos | 1 | $1.4B | 2018 |
| 244 | Otherwise Fund Management, LLC | Mill Valley | 14 | $348M | 2020 |
| 245 | Alsop Louie PartnersAlsop Louie Management LLC | San Francisco | 3 | $341M | 2012 |
| 246 | Aligned PartnersAligned Partners Venture Services LLC | Los Altos | 3 | $340M | 2024 |
| 247 | Correlation Management, LLC | San Diego | 6 | $340M | 2012 |
| 248 | Cantos Ventures, LLC | San Francisco | 14 | $340M | 2023 |
| 249 | Operator Collective Management, L.L.C. | Palo Alto | 10 | $339M | 2019 |
| 250 | Bison Ventures Management Company, LLC | San Francisco | 2 | $334M | 2022 |
| 251 | LeitmotifLeitmotif Management, LLC | Palo Alto | 1 | $329M | 2023 |
| 252 | Dbafc, L.L.C. | San Francisco | 3 | $327M | 2020 |
| 253 | Monograph Capital Advisors, L.P. | San Francisco | 2 | $325M | 2021 |
| 254 | Spero Management Company, LLC | Burlingame | 3 | $323M | 2024 |
| 255 | Right Side Capital Management, LLC | San Francisco | 10 | $323M | 2023 |
| 256 | Mohr Davidow VenturesMDV Management Co. L.L.C | San Mateo | 5 | $322M | 2024 |
| 257 | K Fund Capital Management, LLC | Los Angeles | 6 | $536M | 2023 |
| 258 | Energy Innovation Capital Management, LLC | Orinda | 7 | $318M | 2016 |
| 259 | The House Fund, LLC | Berkeley | 19 | $315M | 2015 |
| 260 | Hack VC Management, LLC | Palo Alto | 6 | $823M | 2022 |
| 261 | TVC Capital Management, LLC | La Jolla | 6 | $307M | 2012 |
| 262 | Institutional Venture Management XIV, LLC | Menlo Park | 1 | $306M | 2012 |
| 263 | Amp Foundry GP, L.L.C. | San Francisco | 1 | $300M | 2026 |
| 264 | K9 Ventures, LLC | Palo Alto | 3 | $299M | 2022 |
| 265 | Ankona Management, LLC | Newport Beach | 5 | $299M | 2021 |
| 266 | Semianalysis Capital Management LLC | San Francisco | 1 | $297M | 2026 |
| 267 | Plus CapitalPlus Capital Management, L.L.C. | Venice | 15 | $294M | 2023 |
| 268 | Amino Capital Management Company, LLC | Palo Alto | 8 | $293M | 2021 |
| 269 | Breakout Management, LLC | San Francisco | 4 | $290M | 2016 |
| 270 | Xfund Management Company, LLC | Palo Alto | 6 | $289M | 2015 |
| 271 | Scrum Ventures LLC | San Francisco | 7 | $287M | 2016 |
| 272 | Offline Ventures, LLC | Mill Valley | 4 | $287M | 2022 |
| 273 | MHS Capital Management III, LLC | San Francisco | 2 | $284M | 2020 |
| 274 | THVC, LLC | San Francisco | 29 | $278M | 2021 |
| 275 | Civ Investment Management, LLC | Venice | 3 | $276M | 2024 |
| 276 | Critical FrontierYield Capital Partners LLC | Montecito | 12 | $274M | 2024 |
| 277 | Interlagos Capital, LLC | El Segundo | 5 | $272M | 2024 |
| 278 | Carbide VenturesCarbide Ventures Management, LLC | Palo Alto | 3 | $272M | 2023 |
| 279 | Audacious Management Company, LLC | San Francisco | 6 | $272M | 2021 |
| 280 | Noosphere Ventures Management Company, LLC | Mountain View | 1 | $268M | 2023 |
| 281 | CRCM L.P. | San Francisco | 4 | $735M | 2012 |
| 282 | Asset Management Ventures, LLC | Menlo Park | 4 | $265M | 2012 |
| 283 | Taiwania Capital Management USA, Inc. | Santa Clara | 4 | $263M | 2018 |
| 284 | Coral Tree Management, LP | Los Angeles | 3 | $350M | 2021 |
| 285 | Shangbay Capital Management Company, LLC | Palo Alto | 6 | $262M | 2021 |
| 286 | DNX VenturesDNX III, LLC | San Mateo | 2 | $262M | 2019 |
| 287 | Point Olema Capital Partners, L.P. | San Francisco | 2 | $776M | 2019 |
| 288 | Brick & Mortar Ventures Management, LLC | San Francisco | 7 | $254M | 2018 |
| 289 | Counterpart VenturesCounterpart Management Company, LLC | San Francisco | 2 | $254M | 2023 |
| 290 | Interwest PartnersInterwest Venture Management Company | San Francisco | 2 | $251M | 2012 |
| 291 | First Harmonic Group LLC | San Francisco | 2 | $251M | 2025 |
| 292 | Alpine Space Ventures GP, LLC | Los Angeles | 1 | $250M | 2026 |
| 293 | Innovation Endeavors Management Company, LLC | Palo Alto | 2 | $250M | 2014 |
| 294 | Foundersx Ventures, LLC | Menlo Park | 5 | $250M | 2025 |
| 295 | Gonow Securities, Inc. | Los Angeles | 1 | $250M | 2021 |
| 296 | Four Rivers Managers LLC Emerging | San Francisco | 4 | $245M | 2020 |
| 297 | Magnetic Super Angel Fund Management LLC EmergingMagnetic Super Angel Fund Management, LLC | San Francisco | 12 | $241M | 2019 |
| 298 | Mediatech Administrative V, LLC Emerging | Palo Alto | 12 | $241M | 2019 |
| 299 | Spider Capital EmergingSpider Capital Partners Management, LLC | San Francisco | 4 | $239M | 2016 |
| 300 | VL Fund Management, LLC Emerging | San Francisco | 1 | $238M | 2025 |
| 301 | Eos Venture Partners (Investment Adviser) Inc Emerging | Santa Monica | 3 | $236M | 2022 |
| 302 | Avalon Ventures Management, LLC Emerging | La Jolla | 8 | $236M | 2012 |
| 303 | Azure91 Management, LLC Emerging | Palo Alto | 3 | $233M | 2021 |
| 304 | Hanabi Capital Management, LLC Emerging | Palo Alto | 1 | $231M | 2025 |
| 305 | Fuel Capital EmergingFuel Capital Management Company, LLC | Covina | 5 | $230M | 2025 |
| 306 | Allegis Capital Management Company LLC Emerging | Palo Alto | 3 | $228M | 2024 |
| 307 | Icon Management Associates VII, LLC Emerging | Palo Alto | 1 | $227M | 2022 |
| 308 | Mantis Capital Management, LLC Emerging | Santa Monica | 5 | $227M | 2021 |
| 309 | Kuos Investment II LLC Emerging | Palo Alto | 7 | $226M | 2017 |
| 310 | Katalyst.Ventures EmergingKatalyst.Ventures Management, LLC | San Francisco | 6 | $226M | 2018 |
| 311 | Highlandx EmergingHighlandx Management, LLC | Menlo Park | 2 | $222M | 2021 |
| 312 | Maven Ventures EmergingMaven Ventures Growth Labs Management Company, LLC. | Palo Alto | 6 | $221M | 2013 |
| 313 | CSC Upshot Ventures Management, LLC Emerging | Palo Alto | 1 | $216M | 2020 |
| 314 | Opus Capital Group LLC Emerging | Burlingame | 2 | $216M | 2012 |
| 315 | Gigascale Capital EmergingGigascale Capital Advisors, L.P. | Palo Alto | 1 | $215M | 2026 |
| 316 | Hanwha Asset Management (USA) Ltd. Emerging | San Francisco | 2 | $213M | 2017 |
| 317 | Growth Street Management, LLC Emerging | San Francisco | 3 | $212M | 2017 |
| 318 | Stamos Capital Partners, L.P. | Menlo Park | 1 | $2.8B | 2005 |
| 319 | Mcmorgan & Company LLC | San Francisco | 1 | $1.7B | 2001 |
| 320 | Montage Ventures EmergingMontage Ventures, LLC | Menlo Park | 3 | $210M | 2025 |
| 321 | Pebblebed Management, LLC Emerging | San Francisco | 6 | $209M | 2024 |
| 322 | Kairos Venture Investments, LLC Emerging | Beverly Hills | 19 | $209M | 2016 |
| 323 | Civilization Ventures Management, LLC Emerging | Tiburon | 20 | $208M | 2023 |
| 324 | Morado Ventures, LLC Emerging | Los Altos | 4 | $206M | 2015 |
| 325 | Kreate Capital Management, LLC Emerging | West Hollywood | 11 | $206M | 2020 |
| 326 | Anacapa Capital Management LLC Emerging | San Mateo | 6 | $204M | 2013 |
| 327 | Four Rivers Group EmergingFour Rivers Group, LLC | San Francisco | 4 | $202M | 2012 |
| 328 | Mischief Capital Management, LLC Emerging | San Francisco | 4 | $202M | 2021 |
| 329 | Authentic Ventures Investment Manager, LLC Emerging | Oakland | 14 | $201M | 2024 |
| 330 | Walkabout Ventures LLC Emerging | Santa Barbara | 10 | $201M | 2024 |
| 331 | DNX Ventures EmergingDNX Japan IV LLC | San Mateo | 1 | $200M | 2024 |
| 332 | J17 US Management Inc. Emerging | San Francisco | 1 | $200M | 2026 |
| 333 | Innovius Capital Management, LLC | San Francisco | 4 | $350M | 2023 |
| 334 | Valo Ventures Management, L.P. Emerging | San Francisco | 2 | $199M | 2018 |
| 335 | Bee Partners Management Company, LLC Emerging | Lafayette | 6 | $198M | 2012 |
| 336 | Verified Capital EmergingVerified Capital LLC | San Francisco | 1 | $197M | 2025 |
| 337 | Tuesday Capital Management, L.L.C. Emerging | San Francisco | 5 | $194M | 2022 |
| 338 | Graphene Ventures LLC Emerging | Palo Alto | 14 | $194M | 2015 |
| 339 | XPV Management LLC Emerging | El Segundo | 8 | $194M | 2025 |
| 340 | Series X Capital EmergingSeries X Capital Management LLC | San Francisco | 3 | $193M | 2025 |
| 341 | National Venture Development Emerging | Oakland | 11 | $193M | 2012 |
| 342 | Ai Ventures EmergingAi Ventures Management II, LLC | Mountain View | 1 | $191M | 2025 |
| 343 | Anv Management, LLC Emerging | San Francisco | 1 | $189M | 2024 |
| 344 | Translink Capital Japan, LLC Emerging | Palo Alto | 4 | $188M | 2019 |
| 345 | Mango Capital Management LLC Emerging | Los Altos | 5 | $188M | 2019 |
| 346 | Goahead Mage Company, L.L.C. Emerging | Menlo Park | 6 | $186M | 2012 |
| 347 | Kittyhawk Ventures, LLC Emerging | Los Angeles | 27 | $184M | 2026 |
| 348 | Cip II Administrative, LLC Emerging | Palo Alto | 1 | $181M | 2019 |
| 349 | Base Case Management, LLC Emerging | San Francisco | 5 | $180M | 2025 |
| 350 | Bam Ventures Management, LLC EmergingBam Ventures M Anagement, LLC | Los Angeles | 6 | $179M | 2024 |
| 351 | Cloud Apps Capital Partners EmergingCloud Apps Management, LLC | Menlo Park | 2 | $178M | 2014 |
| 352 | Mercurius Media Capital LLC Emerging | Redwood City | 1 | $178M | 2024 |
| 353 | Mtech Capital EmergingMtech Capital Management LLC | Santa Monica | 4 | $175M | 2024 |
| 354 | First Spark Ventures, LLC Emerging | Menlo Park | 2 | $175M | 2022 |
| 355 | Seifdune Management, LP Emerging | San Francisco | 2 | $174M | 2026 |
| 356 | Ocv Management, LLC Emerging | Los Angeles | 1 | $173M | 2018 |
| 357 | Amberstone EmergingAmberstone Management LLC | San Francisco | 9 | $173M | 2021 |
| 358 | SK Telecom Venture Capital, LLC Emerging | Santa Clara | 1 | $172M | 2018 |
| 359 | Vauban Advisers LLC Emerging | San Francisco | 327 | $172M | 2022 |
| 360 | Ev Management Company EmergingEv Management Co, LLC | Santa Barbara | 41 | $171M | 2019 |
| 361 | Upwest Labs Management, LLC Emerging | Palo Alto | 7 | $170M | 2018 |
| 362 | Elefund Management Company, LLC Emerging | Mountain View | 8 | $170M | 2018 |
| 363 | Ai Ventures Management, LLC Emerging | Mountain View | 2 | $169M | 2017 |
| 364 | Striker Management, LLC Emerging | San Francisco | 1 | $168M | 2025 |
| 365 | Overture Climate LLC Emerging | Santa Monica | 4 | $167M | 2024 |
| 366 | Vantagepoint Capital Partners EmergingVantagepoint Management, Inc. | Carpenteria | 2 | $166M | 2012 |
| 367 | Thayer Ventures EmergingThayer Ventures Management Company, L.L.C. | San Francisco | 7 | $165M | 2016 |
| 368 | Terpsi Capital LP Emerging | Hermosa Beach | 9 | $165M | 2024 |
| 369 | Shima Capital Management LLC Emerging | Irvine | 3 | $165M | 2022 |
| 370 | JBV Capital, LLC Emerging | San Francisco | 8 | $164M | 2023 |
| 371 | Grdnt LLC Emerging | San Francisco | 1 | $162M | 2025 |
| 372 | Autilus Partners LLC | Santa Monica | 2 | $403M | 2025 |
| 373 | Sanderling Management Company, LLC Emerging | San Mateo | 8 | $161M | 2012 |
| 374 | Ataraxia Partners, LLC Emerging | Pacifica | 10 | $160M | 2023 |
| 375 | Section Partners Management, LLC | Palo Alto | 3 | $526M | 2021 |
| 376 | Coreline Management LLC Emerging | Redwood City | 3 | $156M | 2025 |
| 377 | Bluebird Ventures GP I, LLC Emerging | Palo Alto | 1 | $155M | 2019 |
| 378 | Good Friends, LLC. Emerging | San Francisco | 7 | $153M | 2019 |
| 379 | Scop Ventures, LLC Emerging | Santa Barbara | 2 | $151M | 2024 |
| 380 | Sonder Capital Management, LLC Emerging | San Carlos | 8 | $151M | 2021 |
| 381 | DNX Venture Partners IV EmergingDNX Venture Partners IV, LLC | San Mateo | 1 | $150M | 2024 |
| 382 | Stcap Management LLC Emerging | Palo Alto | 1 | $150M | 2020 |
| 383 | Three-Sixty Health Venture Partners, LLC Emerging | Pasadena | 12 | $150M | 2025 |
| 384 | Expa Ec3 Mgmt, LLC Emerging | West Hollywood | 2 | $148M | 2023 |
| 385 | Modern Capital Ventures Management, LLC Emerging | San Francisco | 1 | $146M | 2026 |
| 386 | Westbound Equity Management, LLC Emerging | Palo Alto | 5 | $146M | 2026 |
| 387 | Casa Verde Capital, LLC Emerging | West Hollywood | 9 | $146M | 2018 |
| 388 | Impact America Management, LLC Emerging | Irvine | 3 | $145M | 2016 |
| 389 | Webb Investment Network Management, LLC Emerging | San Francisco | 3 | $144M | 2020 |
| 390 | Clearvision Ventures Management, LLC Emerging | Menlo Park | 3 | $144M | 2018 |
| 391 | Super{set} EmergingSuperset Capital Management, LLC | San Francisco | 4 | $142M | 2020 |
| 392 | Mitsui & Co. Global Investment, Inc. Emerging | Menlo Park | 3 | $142M | 2023 |
| 393 | Firebolt Ventures Management Company, LLC Emerging | Los Altos | 18 | $140M | 2014 |
| 394 | Stratim Partners LLC Emerging | San Francisco | 7 | $140M | 2014 |
| 395 | B37 Ventures EmergingCondesa Capital Management, LLC | San Francisco | 7 | $137M | 2022 |
| 396 | Dreamers Management LLC Emerging | El Segundo | 1 | $135M | 2025 |
| 397 | Icp Services, LLC Emerging | Burlingame | 6 | $135M | 2012 |
| 398 | Fyrfly Venture Partners, LLC Emerging | San Francisco | 8 | $135M | 2021 |
| 399 | Oriza Ventures Management, LLC Emerging | San Jose | 2 | $134M | 2020 |
| 400 | Phoenix Venture Partners EmergingPhoenix Venture Partners, LLC | San Mateo | 3 | $133M | 2012 |
| 401 | Megalith EmergingMegalith Technology, LLC | Tiburon | 2 | $133M | 2022 |
| 402 | Dolby Family Capital Management LLC Emerging | San Francisco | 6 | $132M | 2021 |
| 403 | Tippet Venture Partners (GP), LLC Emerging | Palo Alto | 4 | $132M | 2022 |
| 404 | Wildcat Venture Partners, LLC Emerging | San Mateo | 5 | $132M | 2017 |
| 405 | Maple VC Management LLC Emerging | Menlo Park | 7 | $131M | 2025 |
| 406 | DNX Ventures EmergingDraper Nexus Venture Partners II, LLC | San Mateo | 2 | $131M | 2014 |
| 407 | Maiden Lane Ventures II , LLC Emerging | San Francisco | 1 | $131M | 2017 |
| 408 | Digitx Management Co., LLC Emerging | San Francisco | 2 | $130M | 2019 |
| 409 | Watchfire Ventures, LLC Emerging | Montecito | 6 | $130M | 2023 |
| 410 | Mighty Capital Management LLC Emerging | San Francisco | 7 | $148M | 2018 |
| 411 | Restive Investment Management, LLC Emerging | San Jose | 6 | $129M | 2018 |
| 412 | MFV Partners Management, LLC Emerging | Palo Alto | 11 | $129M | 2022 |
| 413 | Mindset Consulting (US) LLC Emerging | San Francisco | 5 | $129M | 2024 |
| 414 | Breyer Zou Ventures Management, LLC Emerging | Palo Alto | 1 | $128M | 2026 |
| 415 | Avalon Bioventures Management, LLC Emerging | La Jolla | 1 | $128M | 2021 |
| 416 | Schematic Ventures, LLC Emerging | San Francisco | 3 | $126M | 2022 |
| 417 | Visionnaire Ventures, LLC Emerging | San Francisco | 1 | $126M | 2016 |
| 418 | VR Fund Management, L.L.C Emerging | Redwood City | 2 | $125M | 2024 |
| 419 | Awesome Enablers, L.L.C. Emerging | San Francisco | 1 | $125M | 2018 |
| 420 | Inspiration Venture Partners EmergingInspiration Venture Partners, LLC | San Francisco | 5 | $147M | 2022 |
| 421 | Acorn Pacific Ventures EmergingAcorn Pacific Ventures, LLC | San Mateo | 5 | $122M | 2015 |
| 422 | Time Bio Management, LLC Emerging | Los Angeles | 4 | $122M | 2020 |
| 423 | Convective Capital Management, LLC Emerging | San Francisco | 2 | $122M | 2023 |
| 424 | Scenic Management LLC Emerging | San Francisco | 5 | $145M | 2026 |
| 425 | X/Seed Capital EmergingX/Seed Management Company, LLC | San Francisco | 3 | $120M | 2012 |
| 426 | Westwave Capital LLC Emerging | Redwood City | 5 | $118M | 2017 |
| 427 | Maiden Lane Ventures, LLC Emerging | San Francisco | 1 | $118M | 2014 |
| 428 | Caa Connect, LLC Emerging | Los Angeles | 1 | $118M | 2020 |
| 429 | Search Fund Partners EmergingSearch Fund Management, LLC | Menlo Park | 6 | $117M | 2024 |
| 430 | Spruce Capital Partners EmergingSpruce Capital Partners LLC | South San Francisco | 1 | $117M | 2014 |
| 431 | Highbar Partners EmergingHighbar Management, LLC | Menlo Park | 3 | $115M | 2020 |
| 432 | Transcend Management, LLC Emerging | San Francisco | 3 | $114M | 2020 |
| 433 | Swift Ventures EmergingSwift Ventures Management, LLC | Lafayette | 8 | $113M | 2021 |
| 434 | Eighty-Seven Capital Management, LLC Emerging | Menlo Park | 3 | $113M | 2020 |
| 435 | Quest Venture Partners EmergingQuest Venture Partners Management, LLC | Menlo Park | 4 | $111M | 2015 |
| 436 | Canterbury Consulting Incorporated | Newport Beach | 1 | $1.8B | 1989 |
| 437 | Vamosventures Management Company, LLC Emerging | Los Angeles | 3 | $111M | 2024 |
| 438 | Hanover (HNVR) EmergingHNVR Technology Investment Management, LLC | Portola Valey | 2 | $110M | 2018 |
| 439 | Groundforce Capital Management, LLC | Mill Valley | 1 | $439M | 2021 |
| 440 | Atinc, LLC Emerging | Los Altos | 7 | $109M | 2024 |
| 441 | Center15 Capital LLC Emerging | Los Angeles | 4 | $109M | 2025 |
| 442 | Novirian Capital LLC Emerging | San Francisco | 5 | $109M | 2014 |
| 443 | Arca Investment Management, LLC | Marina Del Rey | 3 | $289M | 2022 |
| 444 | Better Ventures Central LLC Emerging | Oakland | 3 | $107M | 2022 |
| 445 | Sigma Prime Ventures, LLC Emerging | Campbell | 3 | $106M | 2012 |
| 446 | Fellows Fund Management LLC Emerging | Campbell | 2 | $106M | 2025 |
| 447 | The Space Between Mgmt LLC Emerging | San Francisco | 7 | $105M | 2024 |
| 448 | Thompson Hutton, LLC Emerging | Menlo Park | 1 | $105M | 2020 |
| 449 | Dolby Family Ventures LLC Emerging | San Francisco | 2 | $104M | 2021 |
| 450 | 3spoke Management, LLC | Irvine | 3 | $379M | 2026 |
| 451 | Arcadian Capital Management, LLC Emerging | Beverly Hills | 4 | $103M | 2019 |
| 452 | Powerhouse Capital EmergingPowerhouse Capital Management LLC | Los Angeles | 6 | $103M | 2021 |
| 453 | Genoa Ventures, LLC Emerging | San Francisco | 8 | $103M | 2019 |
| 454 | Illuminate Ventures EmergingIlluminate Management, L.L.C. | St. Helena | 5 | $102M | 2012 |
| 455 | Accelerate Investment Group Holdings LLC Emerging | Palo Alto | 4 | $101M | 2026 |
| 456 | L'Attitude Management EmergingL'Attitude Management, LLC | San Diego | 2 | $100M | 2021 |
| 457 | PNP Scale Management LLC Emerging | Sunnyvale | 1 | $100M | 2019 |
| 458 | Castle Creek Launchpad EmergingCastle Creek Launchpad I GP LLC | Oakland | 1 | $100M | 2022 |
| 459 | Healthier Capital, LLC Emerging | Menlo Park | 1 | $99M | 2025 |
| 460 | Kapor Capital Management Company L.L.C. Emerging | Oakland | 1 | $99M | 2021 |
| 461 | TSVC Management LLC Emerging | Los Altos | 3 | $98M | 2024 |
| 462 | Gree Capital Partners, LLC Emerging | San Francisco | 7 | $98M | 2025 |
| 463 | Thiel Bio, L.L.C. Emerging | West Hollywood | 1 | $98M | 2023 |
| 464 | NHS GP, LLC Emerging | Long Beach | 1 | $97M | 2020 |
| 465 | Han River Partners EmergingHan River Development LLC | Menlo Park | 1 | $97M | 2022 |
| 466 | Doepfner Capital Management, L.P. Emerging | Los Angeles | 1 | $97M | 2025 |
| 467 | E12 Venture Capital, LLC Emerging | Los Altos | 1 | $97M | 2023 |
| 468 | Goat Capital Management, LLC Emerging | San Francisco | 6 | $144M | 2022 |
| 469 | Ambix Venture Management, LLC Emerging | Mountain View | 3 | $95M | 2022 |
| 470 | Red Glass Management, LLC Emerging | Menlo Park | 1 | $95M | 2025 |
| 471 | Wave Capital EmergingWave Capital LLC | San Francisco | 3 | $94M | 2021 |
| 472 | Venture Capital Investment Management EmergingHambrecht Partners Holdings, LLC | San Francisco | 10 | $94M | 2021 |
| 473 | Friends & Family Capital Management, LLC | Menlo Park | 2 | $794M | 2021 |
| 474 | Blank Ventures EmergingMultiples Capital, LLC | San Francisco | 7 | $93M | 2024 |
| 475 | Anar Management LLC Emerging | Palo Alto | 7 | $90M | 2019 |
| 476 | Stillmark Management LLC Emerging | Los Angeles | 5 | $90M | 2020 |
| 477 | Wefunder EmergingWefunder Advisors, LLC | San Francisco | 82 | $132M | 2013 |
| 478 | Regeneration.Vc, LLC Emerging | Redondo Beach | 3 | $89M | 2022 |
| 479 | Waverley Capital Management, LLC Emerging | Palo Alto | 3 | $88M | 2021 |
| 480 | 49 Palms Ventures Emerging49 Palms Ventures Management, LLC | Palo Alto | 1 | $88M | 2026 |
| 481 | DFJ Dragon EmergingDFJ Dragonfund Ltd. | San Mateo | 3 | $88M | 2012 |
| 482 | Switch Venture Management, LLC EmergingSwitch Ventures Management, LLC | San Francisco | 5 | $88M | 2021 |
| 483 | Nahkoda Capital Management USA, LLC Emerging | Palo Alto | 6 | $87M | 2023 |
| 484 | Firework Ventures Management LLC Emerging | Sacramento | 1 | $87M | 2022 |
| 485 | Leadout Capital Management, LLC Emerging | Portola Valley | 2 | $87M | 2019 |
| 486 | BSF II GP, LLC Emerging | Berkeley | 2 | $85M | 2025 |
| 487 | Creative Ventures Management, LLC Emerging | Oakland | 12 | $85M | 2023 |
| 488 | Montage Capital EmergingMontage Capital Holdings, LLC | Campbell | 4 | $85M | 2012 |
| 489 | MHS Capital Management, LLC Emerging | San Mateo | 4 | $84M | 2012 |
| 490 | Acero Capital EmergingAcero Capital Management, LLC | San Francisco | 1 | $83M | 2012 |
| 491 | Mangusta Capital Emerging | San Francisco | 1 | $83M | 2026 |
| 492 | Powerhouse Ventures EmergingPowerhouse Ventures Management Company LLC | Oakland | 2 | $83M | 2023 |
| 493 | Earthshot Ventures EmergingEarthshot Ventures LLC | San Francisco | 1 | $81M | 2022 |
| 494 | Cerracap, LLC Emerging | Costa Mesa | 3 | $80M | 2022 |
| 495 | Okapi Capital, LLC Emerging | Newport Beach | 3 | $80M | 2020 |
| 496 | Anorak Ventures Management, LLC Emerging | Los Angeles | 1 | $80M | 2026 |
| 497 | Novawave Capital EmergingNovawave Capital LLC | Menlo Park | 1 | $80M | 2025 |
| 498 | Syon Capital LLC Emerging | San Francisco | 6 | $103M | 2022 |
| 499 | Gumi Cryptos Capital LLC Emerging | San Mateo | 2 | $77M | 2021 |
| 500 | Tau Ventures, LLC Emerging | Palo Alto | 4 | $76M | 2024 |
| 501 | Moment Ventures, LLC Emerging | San Mateo | 3 | $76M | 2016 |
| 502 | Portfolia Venture Management, LLC Emerging | San Mateo | 35 | $75M | 2021 |
| 503 | Trident Capital, Inc. Emerging | San Mateo | 4 | $75M | 2016 |
| 504 | Applied Ventures, LLC Emerging | Santa Clara | 3 | $73M | 2025 |
| 505 | Pointguard Ventures EmergingPointguard Management, LLC | Los Altos | 1 | $73M | 2014 |
| 506 | Upside Partnership EmergingUp Holdings, LLC | Mill Valley | 3 | $73M | 2024 |
| 507 | Trinity Alps CapitalTrinity Alps Capital Partners, LP | San Francisco | 1 | $652M | 2019 |
| 508 | Shakti Capital, LLC Emerging | San Francisco | 3 | $72M | 2021 |
| 509 | 8-Bit Capital Management, LLC Emerging | San Francisco | 4 | $72M | 2022 |
| 510 | Ovn Capital LLC Emerging | Palo Alto | 2 | $71M | 2021 |
| 511 | Aiim Partners EmergingAlpha Impact Investment Management Partners LLC | Palo Alto | 7 | $71M | 2024 |
| 512 | Yes VC Management Company, LLC Emerging | San Francisco | 3 | $71M | 2022 |
| 513 | Healthy Ventures Management, LLC Emerging | Mill Valley | 4 | $71M | 2025 |
| 514 | Generator Ventures EmergingGenerator Ventures, LLC | El Dorado Hills | 1 | $70M | 2024 |
| 515 | Berkeley Skydeck Fund I GP, LLC Emerging | Berkeley | 1 | $69M | 2025 |
| 516 | Burst Capital Management, LLC Emerging | San Francisco | 2 | $69M | 2024 |
| 517 | SHV Management, LLC Emerging | Long Beach | 1 | $69M | 2020 |
| 518 | B. Riley Venture Capital, LLC Emerging | Los Angeles | 12 | $69M | 2024 |
| 519 | Life Line Family Heritage Fund Management, LLC Emerging | Beverly Hills | 3 | $69M | 2021 |
| 520 | A-Grade Management LLC Emerging | Los Angeles | 1 | $68M | 2013 |
| 521 | TGF Management Company, LLC Emerging | Palo Alto | 1 | $67M | 2024 |
| 522 | Overwater Ventures LLC Emerging | Palo Alto | 5 | $67M | 2024 |
| 523 | Draperdragon Management Company II, LLC Emerging | San Mateo | 4 | $66M | 2024 |
| 524 | Endurance MC, LLC Emerging | San Francisco | 1 | $132M | 2026 |
| 525 | Sunstone Advisors, LLC Emerging | Irvine | 7 | $74M | 2023 |
| 526 | Shorewind Capital LLC Emerging | San Francisco | 2 | $64M | 2024 |
| 527 | Pier 88 Investment Partners, LLC Emerging | San Francisco | 6 | $74M | 2016 |
| 528 | Auxin Capital Management, LLC Emerging | San Francisco | 2 | $95M | 2025 |
| 529 | Fusionx Ventures Management II, LLC Emerging | San Diego | 12 | $63M | 2023 |
| 530 | Adverb Ventures Management, LLC Emerging | San Francisco | 2 | $62M | 2023 |
| 531 | Icon Management Associates V, LLC Emerging | Palo Alto | 1 | $62M | 2012 |
| 532 | Artisanal Ventures Management, LLC Emerging | Tiburon | 1 | $62M | 2022 |
| 533 | Hawktail Management, LLC Emerging | Palo Alto | 3 | $61M | 2025 |
| 534 | Acvc Management, LLC Emerging | Palo Alto | 2 | $61M | 2021 |
| 535 | Gilmartin Capital LLC Emerging | Larkspur | 1 | $61M | 2021 |
| 536 | Salience Capital Partners Management, LLC Emerging | San Francisco | 1 | $61M | 2025 |
| 537 | Wilshire Lane Capital EmergingWilshire Lane Capital LP | Los Angeles | 4 | $60M | 2024 |
| 538 | Draperdragon Management, LLC Emerging | San Mateo | 2 | $60M | 2023 |
| 539 | BBQ Opportunity Ventures LLC Emerging | San Francisco | 19 | $104M | 2025 |
| 540 | Fall Line Capital, LLC Emerging | San Mateo | 1 | $238M | 2020 |
| 541 | Lionheart Fund Management LLC Emerging | San Francisco | 15 | $59M | 2023 |
| 542 | Axial Partners EmergingAxial Partners, LLC | San Francisco | 14 | $59M | 2025 |
| 543 | Garuda Ventures Management, LLC Emerging | Orinda | 11 | $58M | 2024 |
| 544 | Unity Angels Management Inc. Emerging | Los Angeles | 20 | $57M | 2026 |
| 545 | Clear Creek Investments, LLC Emerging | Solana Beach | 2 | $86M | 2024 |
| 546 | Nti Managers, LLC Emerging | Mountain View | 9 | $56M | 2024 |
| 547 | Connect Ventures Management Company, LLC Emerging | Los Angeles | 1 | $56M | 2026 |
| 548 | Felicitas Global Partners, LLC | Pasadena | 1 | $666M | 2018 |
| 549 | Output Capital Management, LLC Emerging | Palo Alto | 13 | $55M | 2026 |
| 550 | Transmedia Capital, LLC Emerging | San Francisco | 1 | $55M | 2015 |
| 551 | Yk Bioventures EmergingYk Bioventures Capital Partners LLC | Burlingame | 2 | $55M | 2024 |
| 552 | Blue Lion Global Management, L.P. Emerging | South San Francisco | 2 | $55M | 2022 |
| 553 | Stellar Ventures Management, LLC Emerging | Los Altos | 6 | $54M | 2024 |
| 554 | Ahoy CapitalAhoy Capital Management LLC | Palo Alto | 1 | $540M | 2019 |
| 555 | SV Tech Ventures, Inc. Emerging | Sunnyvale | 3 | $54M | 2019 |
| 556 | Steamboat Ventures Asia Management, Ltd. Emerging | Burbank | 2 | $54M | 2012 |
| 557 | Starshot Capital, LLC Emerging | Los Angeles | 4 | $53M | 2024 |
| 558 | DNX Ventures EmergingDNX Annex Japan Iii,llc | San Mateo | 1 | $53M | 2024 |
| 559 | General Inception Management, LLC Emerging | Palo Alto | 1 | $52M | 2023 |
| 560 | Ocvc, LLC Emerging | Newport Beach | 1 | $51M | 2018 |
| 561 | Cherryrock Capital EmergingCherryrock Capital Management, LLC | San Francisco | 1 | $51M | 2023 |
| 562 | Miramar Venture Partners EmergingBrick Management, LLC | Corona Del Mar | 2 | $51M | 2012 |
| 563 | Watertower Ventures Management, LLC Emerging | Beverly Hills | 1 | $51M | 2021 |
| 564 | Blue Forest Asset Management EmergingBlue Forest Asset Management, LLC | Sacramento | 1 | $51M | 2025 |
| 565 | TC Works, LLC Emerging | San Francisco | 1 | $50M | 2018 |
| 566 | Amboy Street Ventures, LLC Emerging | Venice | 11 | $50M | 2025 |
| 567 | Byers Capital Investment Advisory, LLC Emerging | Menlo Park | 3 | $50M | 2025 |
| 568 | The Hive EmergingHive Group Management, LLC | Santa Monica | 4 | $50M | 2021 |
| 569 | Brave Capital Management LLC Emerging | San Rafael | 11 | $49M | 2024 |
| 570 | BV Mgmt, LLC Emerging | San Francisco | 3 | $48M | 2024 |
| 571 | 500 Kimchi Management Company LLC Emerging | Pleasant Hill | 2 | $47M | 2018 |
| 572 | Haven Venture Partners, LLC Emerging | Palo Alto | 2 | $47M | 2022 |
| 573 | Derive Ventures EmergingDerive Ventures Management Company, LLC | San Francisco | 7 | $47M | 2023 |
| 574 | Acies Investments Management, LLC Emerging | Manhattan Beach | 1 | $47M | 2024 |
| 575 | Selva Ventures EmergingSelva Ventures LLC | Los Angeles | 5 | $46M | 2024 |
| 576 | Sav Management Company, LLC Emerging | Palo Alto | 2 | $46M | 2025 |
| 577 | Play Time Sports-Tech Holdco, LLC Emerging | San Francisco | 1 | $45M | 2024 |
| 578 | Conduit CP Investment I LLC Emerging | Alamo | 3 | $45M | 2025 |
| 579 | Granite Hill Capital Partners EmergingGranite Hill Capital Partners, LLC | San Francisco | 4 | $45M | 2012 |
| 580 | Aurum Partners LLC Emerging | Santa Clara | 1 | $45M | 2023 |
| 581 | Endurance28 VC LLC Emerging | San Francisco | 8 | $45M | 2021 |
| 582 | Launchpad Capital Management Company LLC Emerging | Oakland | 6 | $44M | 2021 |
| 583 | Propel Bio Management, LLC Emerging | Los Angeles | 1 | $172M | 2022 |
| 584 | Base Venture Management, Inc. Emerging | Berkeley | 10 | $42M | 2023 |
| 585 | March Partners LLC Emerging | Davis | 2 | $42M | 2022 |
| 586 | Ponte Partners, LLC Emerging | San Francisco | 2 | $84M | 2024 |
| 587 | Seven Stars Ventures Management, LLC Emerging | San Francisco | 1 | $41M | 2025 |
| 588 | Pacific Community Management, Inc. Emerging | San Francisco | 1 | $40M | 2012 |
| 589 | Oceaniq Capital, LLC Emerging | Palo Alto | 3 | $40M | 2018 |
| 590 | Fundamental Capital, LLC Emerging | San Francisco | 12 | $40M | 2014 |
| 591 | Yu Star Fund I GP EmergingYu Star Fund I GP, LLC | Palo Alto | 1 | $39M | 2022 |
| 592 | Ritual Capital Management Company, LLC Emerging | Menlo Park | 1 | $39M | 2023 |
| 593 | Heights LLC Emerging | Los Angeles | 2 | $58M | 2023 |
| 594 | F1 Investment Management, LLC Emerging | San Francisco | 1 | $38M | 2026 |
| 595 | Union Labs EmergingUnion Labs Ventures Management LLC | San Mateo | 1 | $38M | 2020 |
| 596 | Verity Venture Partners, LLC Emerging | San Francisco | 2 | $38M | 2026 |
| 597 | K50 Ventures EmergingK50 Managers LLC | Encinitas | 2 | $38M | 2023 |
| 598 | Vesta Ventures Management, LLC Emerging | Encinitas | 2 | $36M | 2026 |
| 599 | Longevity Funds 2 LLC Emerging | San Francisco | 2 | $36M | 2018 |
| 600 | Frontier EmergingDFJ Frontier Management Company II, LLC | Los Angeles | 2 | $36M | 2012 |
| 601 | Perceptive Ventures Management Company, LLC Emerging | Laguna Beach | 2 | $36M | 2026 |
| 602 | El Camino Global Capital, LLC Emerging | Mountain View | 1 | $36M | 2020 |
| 603 | Iseed Ventures, LLC Emerging | San Francisco | 2 | $36M | 2018 |
| 604 | Aimtop Advisors, LLC Emerging | Cupertino | 2 | $35M | 2021 |
| 605 | Manresa Management Company LLC Emerging | San Francisco | 1 | $35M | 2024 |
| 606 | Camford Capital Management, LLC Emerging | Menlo Park | 1 | $34M | 2026 |
| 607 | Progression Partners LLC Emerging | San Francisco | 2 | $34M | 2025 |
| 608 | Principal VP Management Company LLC Emerging | Palo Alto | 2 | $34M | 2024 |
| 609 | Curated Wealth Partners, LLC Emerging | El Segundo | 4 | $60M | 2018 |
| 610 | Strandview Capital, LLC Emerging | El Segundo | 6 | $33M | 2021 |
| 611 | The Westly Group EmergingWestly Capital Management, LLC | Menlo Park | 3 | $33M | 2012 |
| 612 | Almaz Capital EmergingAlmaz Capital Management Ltd. | Portola Valley | 2 | $66M | 2014 |
| 613 | Pa Capital Management LLC Emerging | Sunnyvale | 1 | $33M | 2025 |
| 614 | Pandect Bioventures Management, LLC Emerging | Woodside | 1 | $33M | 2019 |
| 615 | Quadratic Busan Energy Management LLC Emerging | San Francisco | 1 | $32M | 2025 |
| 616 | MBC Fii Management, LLC Emerging | San Francisco | 1 | $32M | 2017 |
| 617 | Lavelle Capital EmergingLavelle Capital LP | San Francisco | 2 | $80M | 2021 |
| 618 | Primetech Ventures LLC Emerging | Redwood City | 1 | $32M | 2017 |
| 619 | Envision Ventures Management, LLC Emerging | Menlo Park | 1 | $32M | 2016 |
| 620 | Primer Management, LLC Emerging | Palo Alto | 2 | $31M | 2025 |
| 621 | Scopus Ventures Management, LLC Emerging | Los Angeles | 1 | $31M | 2022 |
| 622 | Eastlink Capital Management, LLC Emerging | Menlo Park | 7 | $31M | 2014 |
| 623 | TVV Advisers, LLC Emerging | Pleasanton | 2 | $31M | 2022 |
| 624 | LidoLido Advisors, LLC | Los Angeles | 1 | $684M | 2015 |
| 625 | Tregaron Capital EmergingTregaron Management Inc. | Palo Alto | 2 | $31M | 2012 |
| 626 | Digitaldx Ventures Management, LLC Emerging | Menlo Park | 15 | $30M | 2024 |
| 627 | Okapi Venture Capital EmergingOkapi Venture Capital, LLC | Newport Beach | 2 | $30M | 2012 |
| 628 | Axevil Capital, LLC Emerging | San Francisco | 1 | $30M | 2022 |
| 629 | Think+ Ventures Management, LLC Emerging | Palo Alto | 2 | $30M | 2024 |
| 630 | Gold House Ventures Management Company LLC Emerging | Covina | 1 | $30M | 2025 |
| 631 | Startup Capital Ventures Management Co III, LLC Emerging | Menlo Park | 1 | $30M | 2026 |
| 632 | Pathbreaker Ventures II, LLC Emerging | Corte Madera | 2 | $29M | 2020 |
| 633 | Wilshire Lane Partners LLC Emerging | Los Angeles | 4 | $29M | 2021 |
| 634 | Aulis Capital US Advisor, LLC Emerging | Palo Alto | 1 | $29M | 2026 |
| 635 | Superlayer Labs Management, LLC Emerging | Palo Alto | 4 | $29M | 2022 |
| 636 | Aberdare Management Company, LLC Emerging | San Francisco | 1 | $29M | 2012 |
| 637 | Newtown Partners EmergingNewtown Partners Inc. | San Diego | 1 | $28M | 2022 |
| 638 | Doorga Capital EmergingDoorga Capital LLC | Palo Alto | 16 | $30M | 2022 |
| 639 | Asia2g Capital EmergingAsia2g Capital Management, LLC | Santa Clara | 1 | $28M | 2025 |
| 640 | Transform Capital EmergingTransform Management Company, LLC | San Francisco | 3 | $28M | 2026 |
| 641 | 3i Partners Management, LLC Emerging | Los Altos | 2 | $28M | 2026 |
| 642 | Base4 Capital LP Emerging | Menlo Park | 4 | $27M | 2022 |
| 643 | Aestus Capital EmergingAestus Capital, LLC | Menlo Park | 1 | $54M | 2022 |
| 644 | Product Hunt, Inc. Emerging | San Francisco | 1 | $27M | 2022 |
| 645 | M Ventures EmergingMacro Ventures LLC | Los Angeles | 2 | $27M | 2018 |
| 646 | Worklife Ventures Management, LLC Emerging | Walnut | 1 | $27M | 2022 |
| 647 | Invicta Capital Partners EmergingInvicta Capital Partners LLC | Newport Beach | 2 | $26M | 2026 |
| 648 | Levelized Capital Management LLC Emerging | Santa Barbara | 6 | $26M | 2026 |
| 649 | Vesta Ventures GP, LLC Emerging | Encinitas | 1 | $26M | 2022 |
| 650 | Immad Akhund Ventures Management, LLC Emerging | San Francisco | 1 | $26M | 2026 |
| 651 | Hollencrest Capital Management EmergingHollencrest Capital Management, LLC | Newport Beach | 1 | $76M | 1998 |
| 652 | DNX Ventures EmergingDNX Annex Japan IV LLC | San Mateo | 2 | $25M | 2025 |
| 653 | Vanara Capital Management, LLC Emerging | San Francisco | 1 | $25M | 2025 |
| 654 | Aurum Ep GP LLC Emerging | Pleasanton | 1 | $25M | 2025 |
| 655 | Aurum VP GP LLC Emerging | Pleasanton | 1 | $25M | 2026 |
| 656 | DNX Ventures EmergingDNX Seed Japan Ii,llc | San Mateo | 1 | $25M | 2026 |
| 657 | Lutr Star LLC Emerging | North Hollywood | 1 | $25M | 2026 |
| 658 | Trium Ventures GP I, LLC Emerging | San Francisco | 1 | $25M | 2022 |
| 659 | Year Zero Ventures Group LLC Emerging | Santa Cruz | 1 | $25M | 2026 |
| 660 | Capra Ventures Management, LLC Emerging | San Francisco | 1 | $25M | 2025 |
| 661 | Angelsdeck LLC Emerging | Sacramento | 11 | $33M | 2022 |
| 662 | Icon Management Associates IV, LLC Emerging | Palo Alto | 1 | $24M | 2012 |
| 663 | Coastedge Partners, LLC | San Diego | 1 | $381M | 2009 |
| 664 | Uta Ventures Capital Partners Investment Manager LLC Emerging | Beverly Hills | 5 | $22M | 2020 |
| 665 | Pasadena Private Wealth, LLC Emerging | Pasadena | 1 | $131M | 2018 |
| 666 | MTVP Management, LLC Emerging | Menlo Park | 1 | $22M | 2019 |
| 667 | Gradient Ascent LLC Emerging | West Hollywood | 2 | $22M | 2026 |
| 668 | Firework Fuse Management Holdings, LLC Emerging | Sacramento | 1 | $22M | 2023 |
| 669 | Tuscan Capital Management, LLC Emerging | San Francisco | 17 | $24M | 2024 |
| 670 | Include Venture Partners Management, LLC Emerging | San Francisco | 1 | $21M | 2024 |
| 671 | Lumia Capital EmergingLumia Capital LLC | San Francisco | 5 | $20M | 2017 |
| 672 | Sparklabs Global Ventures Management EmergingSparklabs Global Ventures Management LLC | Palo Alto | 1 | $18M | 2024 |
| 673 | Sparklabs Management EmergingSparklabs Management LLC | Palo Alto | 1 | $18M | 2024 |
| 674 | Niremia Collective Management, LLC Emerging | Palo Alto | 1 | $17M | 2024 |
| 675 | Caa Venture Management, LLC Emerging | Los Angeles | 1 | $16M | 2013 |
| 676 | Anagram Asset Management, LLC Emerging | San Francisco | 1 | $46M | 2025 |
| 677 | Regatta Capital Group, LLC Emerging | El Segundo | 4 | $15M | 2007 |
| 678 | Magnum Tech Partners, LLC Emerging | Los Altos | 2 | $30M | 2021 |
| 679 | Claremont Creek Ventures EmergingClaremont Creek Management, LLC | Oakland | 1 | $15M | 2012 |
| 680 | Stonks Advisors LLC Emerging | San Francisco | 35 | $16M | 2024 |
| 681 | Ethos Manager LLC Emerging | San Francisco | 2 | $88M | 2020 |
| 682 | Step Ahead Capital, LLC Emerging | Hermosa Beach | 2 | $30M | 2026 |
| 683 | Prime Set Management, LLC Emerging | San Francisco | 2 | $12M | 2025 |
| 684 | Pacific Alliance Ventures LLC Emerging | Beverly Hills | 1 | $23M | 2026 |
| 685 | HVC Management Co., LLC Emerging | San Mateo | 3 | $12M | 2019 |
| 686 | Strategy Asset Managers L.L.C. Emerging | Pasadena | 2 | $11M | 2001 |
| 687 | Motive Force Management, LLC Emerging | San Francisco | 1 | $11M | 2026 |
| 688 | Highline Asset Management, LLC Emerging | Sherman Oaks | 7 | $11M | 2025 |
| 689 | Reflexive Capital Management LP Emerging | San Francisco | 1 | $42M | 2023 |
| 690 | Black Sun, Inc. Emerging | Mill Valley | 1 | $10M | 2026 |
| 691 | Sparklabs Group Management EmergingSparklabs Group Management, LLC | Palo Alto | 1 | $10M | 2024 |
| 692 | Farther Asset Management, LLC Emerging | San Francisco | 2 | $8.8M | 2023 |
| 693 | G Vision Capital LLC Emerging | Palo Alto | 4 | $8.3M | 2025 |
| 694 | Galliott Capital Advisors, LLC Emerging | Beverly Hills | 1 | $40M | 2021 |
| 695 | Smartgatevc EmergingSmartgatevc LLC | Glendale | 1 | $7.9M | 2024 |
| 696 | Atala Financial Inc Emerging | Calabasas | 3 | $7.7M | 2022 |
| 697 | Envisionx Capital Management, LLC Emerging | Palo Alto | 1 | $38M | 2023 |
| 698 | Ifc Advisors LLC Emerging | Los Angeles | 2 | $10M | 2024 |
| 699 | Genesis VC Fund LLC Emerging | Palo Alto | 1 | $6M | 2025 |
| 700 | Bay City Capital LLC Emerging | San Rafael | 2 | $5.3M | 2012 |
| 701 | Phenomenal Ventures LLC Emerging | San Francisco | 1 | $5.2M | 2026 |
| 702 | Toba Capital Fund I Series EmergingToba Capital Fund I Series, a Series of Toba Capital LLC | Irvine | 1 | $5M | 2014 |
| 703 | Toba Capital Fund II Series EmergingToba Capital Fund II Series, a Series of Toba Capital LLC | Irvine | 1 | $5M | 2014 |
| 704 | Length LLC Emerging | Lafayette | 8 | $4.6M | 2024 |
| 705 | Xnova VC EmergingXnova Venture Capital LLC | San Jose | 1 | $3.5M | 2026 |
| 706 | Bduck Capital EmergingBduck Capital, LLC | San Francisco | 1 | $3.4M | 2025 |
| 707 | Diversifi Capital Inc Emerging | Los Altos | 2 | $24M | 2021 |
| 708 | Id Ventures America EmergingId Ventures America, LLC | Santa Clara | 3 | $1.8M | 2022 |
| 709 | Robohack Manager, LLC Emerging | Ventura | 1 | $1.2M | 2025 |
| 710 | Progression Management, LLC Emerging | San Francisco | 1 | $1M | 2026 |
| 711 | Venelite Ventures, LLC Emerging | Cupertino | 1 | $5M | 2025 |
| 712 | Climactic Management, LLC Emerging | Mill Valley | 1 | $321K | 2022 |
| 713 | Jaguar Capital Advisors USA, LLC Emerging | Hermosa Beach | 1 | $439K | 2026 |
| 714 | Equitybee Advisors, LLC Emerging | Palo Alto | 1 | $112M | 2024 |
| 715 | Premise Venture Partners, LLC | South San Francisco | 1 | — | 2026 |
| 716 | Schelling Point PartnersSchelling Point Partners, LLC | Berkeley | 1 | — | 2026 |
New funds raising from California
141 venture funds managed from California started raising in 2025 or later and filed a Form D since October 2025: managers with new money to invest. Amounts are as each fund’s latest Form D reports them, newest filing first.
| Fund | Manager | Started | Raised so far | Target | Latest filing |
|---|---|---|---|---|---|
| Gradient Ascent Fund 0, LP | Gradient Ascent LLC | 2026 | $2.2M | $6M | September 30, 2026 |
| Scrum Ventures Fund V, LP | Scrum Ventures LLC | 2026 | — | — | September 29, 2026 |
| Harpoon Ventures 2026-3, LLC | Harpoon Management, LLC | 2026 | $1.8M | $1.8M | September 24, 2026 |
| Vida Ventures IV, L.P. | Vida Ventures Management | 2026 | — | $500M | September 22, 2026 |
| Megalith Ventures II, LP | Megalith | 2025 | $270M | — | September 15, 2026 |
| Webb Investment Network Fund III, L.P. | Webb Investment Network Management, LLC | 2026 | $25M | $25M | September 15, 2026 |
| Earthshot Ventures Fund II, LP | Earthshot Ventures | 2026 | — | $125M | September 10, 2026 |
| Tribe Capital AI Fund XI, L.P. | Tribe Capital | 2026 | $25M | $25M | September 9, 2026 |
| Tribe Capital AI Fund X, L.P. | Tribe Capital | 2026 | $25M | $25M | September 9, 2026 |
| Matter Venture Partners Fund II, L.P. | Matter Venture Partners | 2025 | $450M | $450M | September 1, 2026 |
| OpenAI Startup Fund II, L.P. | Openai Startup Fund Management, LLC | 2026 | $400M | $400M | August 26, 2026 |
| Tribe Capital AI Fund VIII, L.P. | Tribe Capital | 2026 | $13M | $13M | August 26, 2026 |
| Javelin Venture Partners VI, L.P. | Javelin Venture Partners Management, LLC | 2026 | — | $200M | August 26, 2026 |
| Hanabi Capital Friends Fund II, L.P. | Hanabi Capital Management, LLC | 2026 | — | $100M | August 24, 2026 |
| Hanabi Capital Fund II, L.P. | Hanabi Capital Management, LLC | 2026 | — | $500M | August 24, 2026 |
| AIX Ventures Fund III, L.P. | Aix Ventures LLC | 2026 | $61M | $250M | August 21, 2026 |
| MVP Ventures III AI LP | MVP Ventures LLC | 2026 | — | — | August 20, 2026 |
| MVP Ventures III QP LP | MVP Ventures LLC | 2026 | — | — | August 20, 2026 |
| Valo Ventures II, L.P. | Valo Ventures Management, L.P. | 2026 | $5M | $20M | August 19, 2026 |
| Tribe Capital Western Fund I, L.P. | Tribe Capital | 2026 | $19M | $19M | August 12, 2026 |
| Alpha Edison Quantum II, L.L.C. | Alpha Edison Management Company, LLC | 2026 | $6.2M | $6.2M | August 12, 2026 |
| Liquid 2 Ventures Fund V, L.P. | Liquid 2 Ventures, LLC | 2026 | $84M | $90M | August 7, 2026 |
| Tribe Capital Fintech Fund III, L.P. | Tribe Capital | 2026 | $20M | $20M | August 7, 2026 |
| FoundersX Growth E, LP | Foundersx Ventures, LLC | 2026 | $30M | $50M | August 4, 2026 |
| Tribe Capital AI Fund IX, L.P. | Tribe Capital | 2026 | $15M | $15M | August 4, 2026 |
| Interlagos V, LLC, an Interlagos Capital Fund | Interlagos Capital, LLC | 2026 | $3M | $3M | August 4, 2026 |
| Alpha Edison Westwood XXI, L.L.C. | Alpha Edison Management Company, LLC | 2026 | — | $3M | July 31, 2026 |
| Pebblebed Fund III, LP | Pebblebed Management, LLC | 2026 | — | $200M | July 30, 2026 |
| Crosslink Ventures XI, L.P. | Crosslink Capital, Inc. | 2026 | — | $350M | July 29, 2026 |
| M13 Ventures V, L.P. | M13 Ventures Management, LLC | 2026 | — | $400M | July 29, 2026 |
| SemiAnalysis Capital Fund I, LP | Semianalysis Capital Management LLC | 2026 | — | $400M | July 29, 2026 |
| CRV Xix-C, LP | CRV, LLC | 2026 | $6.5M | $6.5M | July 22, 2026 |
| Offline Ventures III, L.P. | Offline Ventures, LLC | 2026 | — | $150M | July 17, 2026 |
| Tribe Capital Firstlook BEN-01, L.P. | Tribe Capital | 2026 | $25M | $25M | July 14, 2026 |
| Chemistry Ventures Fund II, L.P. | Chemistry Ventures Management, LLC | 2026 | $10M | $510M | July 14, 2026 |
| Carrick Capital Associates Fund V, L.P. | Carrick Capital Partners | 2026 | — | — | July 14, 2026 |
| Carrick Capital Partners V, L.P. | Carrick Capital Partners | 2026 | — | — | July 14, 2026 |
| Tau Ventures Fund III, L.P. | Tau Ventures, LLC | 2026 | — | — | July 14, 2026 |
| Smith Point Capital Fund II, L.P. | Smith Point Capital Management, LLC | 2026 | — | $450M | July 9, 2026 |
| Wonder Ventures Inflection II, L.P. | Wonder Ventures Management, LLC | 2026 | — | — | July 9, 2026 |
| Wonder Ventures V, L.P. | Wonder Ventures Management, LLC | 2026 | — | — | July 9, 2026 |
| Seifdune Capital Fund, LP | Seifdune Management, LP | 2026 | — | $150M | July 2, 2026 |
| Vesta Ventures Fund II, LP | Vesta Ventures Management, LLC | 2026 | $10M | — | July 1, 2026 |
| Calibrate Ventures NH, LLC | Calibrate Ventures Management, LLC | 2026 | $1000K | $1000K | June 29, 2026 |
| Cervin Ventures Fund VI, L.P. | Cervin Ventures Management, LLC | 2025 | $24M | — | June 24, 2026 |
| Gold House Ventures Fund II, LP | Gold House Ventures Management Company LLC | 2026 | $13M | — | June 23, 2026 |
| Diffusion ONE, LP | Diffusion Holdings LLC | 2026 | — | $1B | June 22, 2026 |
| A-Star Fund III, LP | A-Star Partners, LLC | 2026 | $451M | $464M | June 17, 2026 |
| House Fund Breakout XV, L.P. | The House Fund, LLC | 2026 | $11M | $11M | June 17, 2026 |
| Alpha Edison Westwood XXIII, L.L.C. | Alpha Edison Management Company, LLC | 2026 | — | $3M | June 16, 2026 |
| Ion Pacific Ostrich Zeta LLC | Ion Pacific, Inc. | 2026 | $76M | $76M | June 9, 2026 |
| Omega Venture Partners II, L.P. | Omega Venture Partners | 2025 | $198M | $250M | June 1, 2026 |
| Sazze Fund III, LP | Sazze Partners, Inc. | 2025 | $83M | — | June 1, 2026 |
| Schematic Ventures Fund III, LP | Schematic Ventures, LLC | 2026 | — | $60M | May 29, 2026 |
| Tribe Capital AI Fund VII, L.P. | Tribe Capital | 2026 | $120M | $120M | May 28, 2026 |
| Ten Eleven Fund IV, L.P. | Ten Eleven Ventures, LLC | 2026 | — | — | May 27, 2026 |
| Translink Capital Partners VI, LP | Translink Capital, LLC | 2026 | — | — | May 26, 2026 |
| Westly Capital Partners Fund V, L.P. | The Westly Group | 2026 | — | $500M | May 21, 2026 |
| Mantis Capital Fund IV, LP | Mantis Capital Management, LLC | 2026 | — | — | May 20, 2026 |
| 3i Partners Fund II, LLC | 3i Partners Management, LLC | 2025 | $23M | — | May 19, 2026 |
| Breyer Zou Ventures I, LP | Breyer Zou Ventures Management, LLC | 2026 | — | — | May 19, 2026 |
| xNova VC Fund I (Aries) L.P. | Xnova VC | 2026 | $5M | $15M | May 14, 2026 |
| Ridge Ventures VI, L.P. | Ridge Ventures | 2026 | — | — | May 14, 2026 |
| Tribe Capital Fintech Fund I, L.P. | Tribe Capital | 2026 | $39M | $50M | May 11, 2026 |
| Tribe Capital Autonomous Fund I, L.P. | Tribe Capital | 2026 | $28M | $28M | May 11, 2026 |
| AMP Foundry Fund I, L.P. | Amp Foundry Management LLC | 2026 | — | — | May 11, 2026 |
| Refactor Capital V, L.P. | Refactor Capital Management, LLC | 2026 | $50M | $50M | May 7, 2026 |
| MHS Capital Partners ST, LLC | MHS Capital Management, LLC | 2026 | $8.5M | $8.5M | May 7, 2026 |
| MHS Capital Partners IN, LLC | MHS Capital Management, LLC | 2026 | $4M | $4M | May 7, 2026 |
| MHS Capital Partners CE, LLC | MHS Capital Management, LLC | 2026 | $3M | $3M | May 7, 2026 |
| Tribe Capital Firstlook DAT-01, L.P. | Tribe Capital | 2026 | $10M | $10M | May 5, 2026 |
| Syon Capital Partners I LP | Syon Capital LLC | 2025 | $29M | — | April 30, 2026 |
| Interlagos IV, LLC, an Interlagos Capital Fund | Interlagos Capital, LLC | 2026 | $10M | $10M | April 28, 2026 |
| Bison Ventures Fund 2, L.P. | Bison Ventures Management Company, LLC | 2026 | $148M | $175M | April 24, 2026 |
| Cervin Ventures Affiliates Fund VI, L.P. | Cervin Ventures Management, LLC | 2026 | — | — | April 22, 2026 |
| Lionheart Ventures II, L.P. | Lionheart Fund Management LLC | 2025 | $15M | — | April 17, 2026 |
| TSVC Fund VI, LP | TSVC Management LLC | 2026 | $20M | $120M | April 13, 2026 |
| Scopus Ventures (Cayman) Fund III, LP | Scopus Ventures Management, LLC | 2026 | — | — | April 9, 2026 |
| Scopus Ventures Fund III, LP | Scopus Ventures Management, LLC | 2026 | — | — | April 9, 2026 |
| Tribe Capital AI Fund VI, L.P. | Tribe Capital | 2026 | $37M | $37M | April 6, 2026 |
| Seven Stars Ventures II, L.P. | Seven Stars Ventures Management, LLC | 2026 | — | $65M | April 6, 2026 |
| Syon Capital AST, LP | Syon Capital LLC | 2026 | $6.2M | — | April 2, 2026 |
| Harpoon Ventures 2026-1, LLC | Harpoon Management, LLC | 2026 | $1.1M | $1.1M | April 2, 2026 |
| Asia2G Capital Fund II, L.P. | Asia2g Capital | 2026 | — | $70M | March 31, 2026 |
| Afore Capital V, L.P. | Afore Capital Management, LLC | 2026 | — | $230M | March 30, 2026 |
| 49 Palms Ventures Fund 1, LP | 49 Palms Ventures | 2026 | — | $34M | March 13, 2026 |
| Breakout Ventures III-B, L.P. | Breakout Management, LLC | 2025 | $12M | $12M | March 10, 2026 |
| Switch Ventures Growth IV-A, LP | Switch Venture Management, LLC | 2026 | $1.8M | $1.8M | March 9, 2026 |
| Ritual Capital II, L.P. | Ritual Capital Management Company, LLC | 2026 | — | $40M | March 5, 2026 |
| Wilshire Lane Capital Institutional Fund II LP | Wilshire Lane Capital | 2025 | $22M | — | March 4, 2026 |
| Tribe Capital Firstlook WOR-01, L.P. | Tribe Capital | 2026 | $12M | $12M | March 4, 2026 |
| Theory Ventures Corollary I, L.P. | Theory Ventures Management, LLC | 2026 | — | $100M | February 26, 2026 |
| Stellar Ventures Cassiopeia Fund LP | Stellar Ventures Management, LLC | 2026 | — | $100M | February 25, 2026 |
| House Fund Breakout XII Enduring, L.P. | The House Fund, LLC | 2026 | $25M | $25M | February 20, 2026 |
| Fellows Fund III, L.P. | Fellows Fund Management LLC | 2026 | — | — | February 20, 2026 |
| Connect Ventures Flagship I, L.P. | Connect Ventures Management Company, LLC | 2026 | — | — | February 19, 2026 |
| Quiet Venture IV LP | Quiet Capital Management, LLC | 2026 | — | — | February 19, 2026 |
| House Fund Breakout XII Partners, L.P. | The House Fund, LLC | 2026 | $10M | $10M | February 9, 2026 |
| Harpoon Ventures Fund IV, L.P. | Harpoon Management, LLC | 2026 | — | $140M | February 9, 2026 |
| Syon Capital GQ, LP | Syon Capital LLC | 2025 | $4M | $4M | February 3, 2026 |
| Syon Capital DB, LP | Syon Capital LLC | 2025 | $20M | $7.6M | February 2, 2026 |
| Blueprint Equity III, LP | Blueprint Equity Management, LLC | 2026 | $333M | $333M | January 29, 2026 |
| Yosemite Fund II, L.P. | Yosemite Management, LLC | 2026 | — | $350M | January 29, 2026 |
| Walkabout Ventures Fund IV LP | Walkabout Ventures LLC | 2026 | — | $100M | January 26, 2026 |
| Center15 Capital HE LLC | Center15 Capital LLC | 2025 | $31M | — | January 22, 2026 |
| House Fund Breakout XIV, L.P. | The House Fund, LLC | 2026 | $51M | $51M | January 21, 2026 |
| Burst Capital Fund Ill, LP | Burst Capital Management, LLC | 2026 | — | $75M | January 20, 2026 |
| DFJ Growth AI Investors III, L.P. | DFJ Growth | 2025 | $18M | $18M | January 8, 2026 |
| Tribe Capital AI Fund V, L.P. | Tribe Capital | 2025 | $50M | $50M | January 7, 2026 |
| Overture Climate Fund II LP | Overture Climate LLC | 2026 | — | $75M | January 7, 2026 |
| Eighty-Seven Capital II, L.P. | Eighty-Seven Capital Management, LLC | 2025 | $50M | $50M | January 2, 2026 |
| House Fund Breakout XII, L.P. | The House Fund, LLC | 2025 | $18M | $18M | December 30, 2025 |
| Capra Ventures H1 LLC | Capra Ventures Management, LLC | 2025 | $9.2M | — | December 19, 2025 |
| Premise Ventures Fund I, L.P. | Premise Venture Partners, LLC | 2025 | — | $100M | December 18, 2025 |
| Center15 Capital E LLC | Center15 Capital LLC | 2025 | $16M | — | December 17, 2025 |
| Center15 Capital SF LLC | Center15 Capital LLC | 2025 | $9M | — | December 17, 2025 |
| Center15 Capital SAI LLC | Center15 Capital LLC | 2025 | $50K | — | December 17, 2025 |
| Garuda Ventures 2, L.P. | Garuda Ventures Management, LLC | 2025 | — | $50M | December 17, 2025 |
| Mischief 3, L.P. | Mischief Capital Management, LLC | 2025 | — | $165M | December 17, 2025 |
| Column Group VI, LP | The Column Group | 2025 | — | $600M | December 16, 2025 |
| Mango Capital 2025 LP | Mango Capital Management LLC | 2025 | — | $50M | December 9, 2025 |
| Powerhouse Ventures Fund III LP | Powerhouse Ventures | 2025 | — | $100M | December 9, 2025 |
| Zeev Ventures XI, L.P. | Zeev Ventures | 2025 | — | — | December 9, 2025 |
| Autotech Fund IV, L.P. | Autotech Management, L.L.C. | 2025 | — | — | December 5, 2025 |
| House Fund Early II, L.P. | The House Fund, LLC | 2025 | — | $50M | November 25, 2025 |
| House Fund IV, L.P. | The House Fund, LLC | 2025 | — | $50M | November 25, 2025 |
| Motive Force Fund I, L.P. | Motive Force Management, LLC | 2025 | — | $30M | November 25, 2025 |
| Watchfire Ventures Fund III, L.P. | Watchfire Ventures, LLC | 2025 | — | $150M | November 20, 2025 |
| Nexus Ventures VIII, L.P. | Nexus Ventures Management, LLC | 2025 | — | $700M | November 6, 2025 |
| Thayer Ventures V, L.P. | Thayer Ventures | 2025 | — | — | November 5, 2025 |
| Striker Venture Partners I, L.P. | Striker Management, LLC | 2025 | $165M | $165M | October 30, 2025 |
| Gigascale Capital Fund I, L.P. | Gigascale Capital | 2025 | — | — | October 27, 2025 |
| Audacious Ventures RAI, L.P. | Audacious Management Company, LLC | 2025 | $15M | $15M | October 24, 2025 |
| Fin Capital Flagship III - SBIC, LP | Fin Capital | 2025 | — | $150M | October 21, 2025 |
| Anorak Ventures Fund III, L.P. | Anorak Ventures Management, LLC | 2025 | $25M | $35M | October 15, 2025 |
| Type One X2 LLC | Type One Management | 2025 | $31M | $31M | October 8, 2025 |
| Type One AGI LLC | Type One Management | 2025 | $10M | $10M | October 8, 2025 |
| Type One Mars 1-1 LLC | Type One Management | 2025 | $2.5M | $2.5M | October 8, 2025 |
| Type One Vulcan LLC | Type One Management | 2025 | $250K | $250K | October 8, 2025 |
| Operator Collective Activate Fund, L.P. | Operator Collective Management, L.L.C. | 2025 | — | $50M | October 8, 2025 |
| Type One Pluto LLC | Type One Management | 2025 | $900K | $900K | October 7, 2025 |
Other sources of capital in California
67 community development lenders, 46 SBA lenders, 45 union pension plans, 44 SBICs, 22 placement agents, 16 corporate pension plans, 9 angel groups, 9 corporate venture arms, 7 venture debt lenders, 6 pension master trusts, 1 revenue-based financing, 1 venture studio, and 1 university venture fund. From public registers and what each organization publishes; see Capital Sources for every state.
| Source | Location | On the record |
|---|---|---|
| Band of Angels | Menlo Park | Silicon Valley angel group, formed in 1994, that funds seed-stage high-tech and life science companies; also holds a Los Angeles interest group meeting. |
| Chemical Angels | CA | National angel network providing capital and expertise to seed-stage hard-science ventures in materials, measurement and manufacturing. |
| Keiretsu Forum | San Francisco | Global investment community of accredited angel, venture and corporate investors, founded in the San Francisco East Bay in 2000, with chapters on four continents. |
| Life Science Angels | CA | Angel group that has invested exclusively in early-stage life science companies since 2005. |
| NuFund Venture Group | CA | Angel investor group with more than 300 investors that funds technology companies needing up to $1M in venture financing, alongside mentorship. |
| Pasadena Angels | Pasadena | Nonprofit angel investing group, founded in 2000, whose members provide capital and mentoring to early-stage startups in Southern California. |
| Sacramento Angels | Sacramento | Group of individual investors funding early-stage companies in Northern California and beyond; has invested in more than 150 companies since 2000. |
| Sand Hill Angels | CA | Member-led Silicon Valley angel group of more than 140 investors, active since 2000, that invests in technology startups from seed through Series B. |
| TCA Venture Group | CA | Southern California angel organization (formerly Tech Coast Angels) providing seed, bridge and early A-round funding, mainly to California companies. |
| Avidbank | San Jose | Commercial bank whose specialty finance offering includes venture lending to high-potential startups, in the Bay Area and beyond. |
| First Citizens Innovation Banking | Santa Clara | Innovation banking arm of First Citizens Bank, continuing the Silicon Valley Bank business; provides banking, venture term loans and growth capital loans. |
| Hercules Capital | San Mateo | Business development company focused on venture lending to venture capital-backed technology and life sciences companies. |
| Mercury | San Francisco | Financial technology company offering venture debt and working capital loans to startups, originated by Mercury Lending, alongside business accounts. |
| Runway Growth Capital | Menlo Park | Provides minimally dilutive debt financing to late and growth stage companies; loans range from $10 million to $150 million. |
| TriplePoint Capital | Menlo Park | Global financing platform providing venture debt and equity financing to venture capital-backed companies at every stage of development. |
| Western Technology Investment | Portola Valley | Venture debt provider that has financed more than 1,500 startups across innovation sectors since 1980. |
| Founders First Capital Partners | San Diego | Offers revenue-based, hybrid and term loans of up to $2M, plus advisory support, to service-based B2B and B2G businesses with $500K to $10M+ in revenue. |
| BMW i Ventures | CA | Assets under management (over, as stated): $1.1B |
| Databricks Ventures | San Francisco | Venture arm of Databricks; takes minority positions in early- to growth-stage data, analytics and AI companies in rounds led by institutional investors. |
| JLL Spark | San Francisco | Venture arm of the real estate company JLL; invests in early-stage technology startups serving commercial real estate. |
| Kaiser Permanente Ventures | Oakland | Strategic venture investor of Kaiser Permanente, founded more than 25 years ago; invests in healthcare companies. |
| McKesson Ventures | San Francisco | McKesson's venture fund; invests in venture and growth stage companies building software and services for healthcare and pharma. |
| MS&AD Ventures | Menlo Park | Corporate venture capital firm of MS&AD Insurance Group Holdings; invests mainly in early-stage companies in insurtech, fintech, health care and related fields. |
| Salesforce Ventures | San Francisco | Venture arm of Salesforce; invests from seed through growth stage in enterprise software companies, using an evergreen funding model. |
| TDK Ventures | San Jose | Assets under management: $500M |
| Toyota Ventures | Los Altos | Toyota's early-stage venture capital arm; invests in deep tech and climate tech, including AI, robotics, mobility, materials and energy. |
| Idealab | Pasadena | Technology incubator, founded in 1996, that creates companies; reports more than 145 companies created. |
| American Trust Investment Services, Inc. | San Clemente | 2 venture funds since 2021 |
| Brooklands Capital Strategies BD, LP | San Francisco | 3 venture funds since 2021 |
| BTIG, LLC | San Francisco | 3 venture funds since 2021 |
| CapLink Securities, Inc. | Hermosa Beach | 3 venture funds since 2021 |
| Denning & Company LLC | San Francisco | 4 venture funds since 2021 |
| Edgeline Capital, LLC | Los Angeles | 2 venture funds, 2015–2021 |
| Emerson Equity LLC | San Mateo | 1 venture fund since 2021 |
| Forge Securities LLC | San Francisco | 2 venture funds since 2021 |
| Franklin Distributors, LLC | San Mateo | 6 venture funds since 2021 |
| Franklin Templeton Financial Services Corp. | San Mateo | 3 venture funds, 2018–2021 |
| GCA Advisors, LLC | San Francisco | 13 venture funds, 2014–2021 |
| Growth Capital Services, Inc. | San Francisco | 4 venture funds since 2021 |
| GT Securities, Inc. | Los Angeles | 5 venture funds since 2021 |
| Hudson Capital Advisors BD LLC | Santa Monica | 3 venture funds since 2021 |
| JMP Securities, LLC | San Francisco | 2 venture funds since 2021 |
| KEMA Partners LLC | Mill Valley | 1 venture fund since 2021 |
| Pinnacle Capital Securities, LLC | Long Beach | 2 venture funds since 2021 |
| Probitas Funds Group, LLC | San Francisco | 1 venture fund since 2021 |
| Roth Capital Partners, LLC | Newport Beach | 10 venture funds, 2013–2015 |
| Siena Global Securities, LLC | Mill Valley | 4 venture funds since 2021 |
| Silber Bennett Financial, Inc. | Sherman Oaks | 4 venture funds, 2014–2015 |
| WR Hambrecht + Co, LLC | San Francisco | 6 venture funds, 2013–2018 |
| Berkeley SkyDeck Fund | Berkeley | Assets under management: $85M |
| Cottage Health Pension Plan | Santa Barbara | In partnerships and joint ventures: $129M |
| Farmers Group, Inc. Employees' Pension Plan | Woodland Hills | In partnerships and joint ventures: $385M |
| Forest Lawn Retirement Plan | Glendale | In partnerships and joint ventures: $77M |
| John Muir Health Retirement Plan | Walnut Creek | In partnerships and joint ventures: $304M |
| Marin General Hospital Retirement Plan | San Rafael | In partnerships and joint ventures: $40M |
| O'Melveny & Myers LLP Cash Balance Plan | Los Angeles | In partnerships and joint ventures: $36M |
| Pacificorp/IBEW Local 57 Retirement Trust Fund | San Ramon | In partnerships and joint ventures: $42M |
| Paul Hastings LLP Defined Benefit Retirement Plan for Partners | Los Angeles | In partnerships and joint ventures: $807M |
| Retirement Plan for the Employees of Museum Associates | Los Angeles | In partnerships and joint ventures: $31M |
| San Francisco Symphony Retirement Plan | San Francisco | In partnerships and joint ventures: $49M |
| Sutter Health Retirement Plan | Sacramento | In partnerships and joint ventures: $1.4B |
| Teledyne Technologies Incorporated Pension Plan | Thousand Oaks | In partnerships and joint ventures: $271M |
| Teledyne Technologies Incorporated Pension Plan for Defined Active Participants | Thousand Oaks | In partnerships and joint ventures: $131M |
| The Retirement Plan of Rady Childrens Hospital and Health Center | San Diego | In partnerships and joint ventures: $76M |
| The Scripps Research Institute Cash Balance Retirement Plan | La Jolla | In partnerships and joint ventures: $52M |
| The Southern California Edison Company Retirement Plan | Rosemead | In partnerships and joint ventures: $828M |
| Avante Capital Partners SBIC III, L.P. | Los Angeles | Private Credit · Direct Lending |
| Avante Capital Partners SBIC III-A, L.P. | Los Angeles | Hybrid · Direct Lending |
| Avante Capital Partners SBIC IV, L.P. | Los Angeles | Private Credit · Direct Lending |
| Avante Mezzanine Partners SBIC II, L.P. | Los Angeles | Private Credit · Direct Lending |
| Avante Mezzanine Partners SBIC, L.P. | Los Angeles | Private Credit · Mezzanine |
| Caltius Equity Partners V, LP | Los Angeles | Private Equity · Multiple |
| Caltius Partners V (SBIC), L.P. | Los Angeles | Hybrid · Mezzanine |
| Caltius Partners VI (SBIC), L.P. | Los Angeles | Hybrid · Mezzanine |
| Central Valley Fund III (SBIC), L.P. | Davis | Hybrid · Mezzanine |
| Champlain Capital Partners II, L.P. | San Francisco | Hybrid · Hybrid Debt/Equity |
| Champlain Capital Partners III, L.P. | San Francisco | Growth Equity |
| Champlain Capital Partners IV, L.P. | San Francisco | Growth Equity |
| Charger Investment Partners Catalyst Fund, LP | El Segundo | Private Equity · Hybrid Debt/Equity |
| Corbel Capital Partners SBIC II, L.P. | Los Angeles | Private Credit · Hybrid Debt/Equity |
| Corbel Capital Partners SBIC, L.P. | Los Angeles | Private Credit · Hybrid Debt/Equity |
| Corbel Equity Partners SBIC, L.P. | Los Angeles | Private Equity · Buyout |
| Costella Kirsch SBIC, LP | Menlo Park | Private Credit · Direct Lending |
| DCA Capital Partners II, L.P. | Roseville | Growth Equity |
| DCA Capital Partners III SBIC, L.P. | Roseville | Private Equity · Buyout |
| Enhanced SBIC II, L.P. | San Francisco | Private Credit · Direct Lending |
| Fin Capital Flagship III - SBIC, LP | San Francisco | Venture |
| HCAP Partners IV, L.P. | San Diego | Hybrid · Mezzanine |
| HCAP Partners V, L.P. | San Diego | Hybrid · Mezzanine |
| HCAP Partners VI, L.P. | La Jolla | Hybrid · Mezzanine |
| Hercules Capital IV, L.P. | San Mateo | Private Credit · Direct Lending |
| Hercules SBIC V, L.P. | San Mateo | Private Credit · Direct Lending |
| MV Fund II SBIC, L.P. | Folsom | Venture · Early Venture |
| MV FUND III SBIC, L.P. | Folsom | Venture · Early Venture |
| Norwest Strategic Capital, L.P. | Palo Alto | Venture |
| Pivotal Capital Fund II, LP | Menlo Park | Private Equity · Venture |
| Propel Venture Partners US Fund I, L.P. | San Francisco | Hybrid · Mezzanine |
| SBJ Elevation Fund, L.P. | Walnut Creek | Hybrid · Hybrid Debt/Equity |
| SBJ Fund, LP | Walnut Creek | Private Equity · Multiple |
| Silver Lake Waterman Fund III-S, L.P. | Menlo Park | Hybrid · Multiple |
| Skyline Investors I, LP | Los Angeles | Hybrid · Hybrid Debt/Equity |
| St. Cloud Capital Partners III SBIC, LP | Los Angeles | Hybrid · Mezzanine |
| St. Cloud Capital Partners IV SBIC, LP | Los Angeles | Hybrid · Mezzanine |
| TCPC SBIC, LP | Santa Monica | Private Credit · Balanced Venture |
| The Central Valley Fund III (SBIC), L.P. | Davis | Private Equity · Mezzanine |
| Tree Line SBIC, LP | San Francisco | Private Credit · Direct Lending |
| True West Capital Partners Fund II, L.P. | Los Angeles | Hybrid · Buyout |
| True West Capital Partners Fund III, L.P. | Los Angeles | Hybrid · Buyout |
| True West Capital Partners Fund IV, LP | Los Angeles | Private Credit · Mezzanine |
| Walden Venture Capital VIII SBIC, L.P. | Woodside | Venture |
| Airconditioning and Refrigeration Industry Retirement Trust Fund | Orange | In partnerships and joint ventures: $101M |
| Automotive Industries Pension Plan | Dublin | In partnerships and joint ventures: $58M |
| B.A.C. Local No. 3 Pension Plan | Pleasanton | In partnerships and joint ventures: $56M |
| Basic Pension Plan for Employees of Jewish Federation Council of Greater Los Angeles | Los Angeles | In partnerships and joint ventures: $26M |
| Bay Area Painters & Tapers Pension Trust | Dublin | In partnerships and joint ventures: $66M |
| California Ironworkers Field Pension Trust | Pasadena | In partnerships and joint ventures: $404M |
| California Teachers Association Employees Retirement Benefits Plan | Pleasanton | In partnerships and joint ventures: $136M |
| Carpenters Labor-Management Pension Plan | Los Angeles | In partnerships and joint ventures: $208M |
| Carpenters Pension Trust Fund for Northern California | Oakland | In partnerships and joint ventures: $784M |
| Cement Masons Pension Trust Fund for Northern California | Dublin | In partnerships and joint ventures: $114M |
| Construction Laborers Pension Trust Fund for Southern California | Covina | In partnerships and joint ventures: $1B |
| Directors Guild of America-Producer Pension Plan Basic Benefit Plan | Los Angeles | In partnerships and joint ventures: $1B |
| I.A.T.S.E. Local 16 Pension Plan | Pleasanton | In partnerships and joint ventures: $70M |
| I.A.T.S.E. Local No. 33 Pension Trust Fund | Los Angeles | In partnerships and joint ventures: $63M |
| IBEW 332 Pension Plan - Part a | San Jose | In partnerships and joint ventures: $252M |
| IBEW Local 595 Pension Plan | Pleasanton | In partnerships and joint ventures: $144M |
| IUOE Stationary Engineers Local 39 Pension Plan | Dublin | In partnerships and joint ventures: $93M |
| Kern County Electrical Workers Pension Fund | Bakersfield | In partnerships and joint ventures: $33M |
| Laborers Pension Trust Fund for Northern California | Pleasanton | In partnerships and joint ventures: $2.5B |
| Los Angeles Hotel-Restaurant Employer-Union Retirement Fund | Los Angeles | In partnerships and joint ventures: $26M |
| Motion Picture Industry Pension Plan | Studio City | In partnerships and joint ventures: $928M |
| No Calif Glaziers, Architectural Metal and Glassworkers Pension Plan | Dublin | In partnerships and joint ventures: $83M |
| Northern California Electrical Workers Pension Plan | San Francisco | In partnerships and joint ventures: $115M |
| Northern California Pipe Trades Pension Plan | Concord | In partnerships and joint ventures: $79M |
| Northern California Tile Industry Defined Benefit Pension Plan | Pleasanton | In partnerships and joint ventures: $101M |
| Ocu Pension Trust | Covina | In partnerships and joint ventures: $62M |
| Operating Engineers Pension Trust | Pasadena | In partnerships and joint ventures: $383M |
| Pacific Coast Roofers Pension Plan | San Jose | In partnerships and joint ventures: $139M |
| Pension Trust Fund for Operating Engineers | Alameda | In partnerships and joint ventures: $1.3B |
| Pipe Trades District Council No 36 Pension Trust | Alameda | In partnerships and joint ventures: $32M |
| Producer-Writers Guild of America Pension Plan | Burbank | In partnerships and joint ventures: $1.8B |
| San Diego County Construction Laborers' Pension Trust Fund | Covina | In partnerships and joint ventures: $254M |
| Screen Actors Guild - Producers Pension Plan | Burbank | In partnerships and joint ventures: $1.2B |
| Sheet Metal Workers Pension Plan of Northern California | Livermore | In partnerships and joint ventures: $265M |
| Sheet Metal Workers' Pension Plan of Southern California Arizona and Nevada | Manhattan Beach | In partnerships and joint ventures: $144M |
| Sign Pictorial & Display Industry Pension Plan | Pleasanton | In partnerships and joint ventures: $29M |
| Southern California Ibew-Neca Pension Plan | Pasadena | In partnerships and joint ventures: $357M |
| Southern California Local 831 - Employer Pension Fund | Covina | In partnerships and joint ventures: $66M |
| Southern California Pipe Trades Retirement Fund | Los Angeles | In partnerships and joint ventures: $450M |
| Southern California UFCW Unions and Food Employers Joint Pension Trust Fund | Cypress | In partnerships and joint ventures: $1B |
| U.A. Local 467 Defined Benefit Plan | San Jose | In partnerships and joint ventures: $249M |
| UFCW No. California Employers Joint Pension Plan | Concord | In partnerships and joint ventures: $1.2B |
| Western States Carpenters Pension Plan | Los Angeles | In partnerships and joint ventures: $2.6B |
| Western States Insulators and Allied Workers' Pension Plan | Pleasanton | In partnerships and joint ventures: $29M |
| Western States Office & Professional Employees Pen | Portland | In partnerships and joint ventures: $53M |
| American Honda Master Trust | Torrance | In partnerships and joint ventures: $1.2B |
| Kaiser Permanente Group Trust | Oakland | In partnerships and joint ventures: $39.2B |
| Pg&E Corporation Retirement Master Trust | Oakland | In partnerships and joint ventures: $817M |
| Roche U.S. Retirement Plans Master Trust | South San Francisco | In partnerships and joint ventures: $411M |
| Sempra Pension Master Trust | San Diego | In partnerships and joint ventures: $25M |
| The Walt Disney Company Retirement Plan Master Trust | Burbank | In partnerships and joint ventures: $3.5B |
| 3CORE, Inc. | Chico | Community development loan fund in Chico, CA, certified by the US Treasury’s CDFI Fund. |
| Accessity | San Diego | Community development loan fund in San Diego, CA, certified by the US Treasury’s CDFI Fund. |
| Accion Opportunity Fund Community Development | San Jose | Community development loan fund in San Jose, CA, certified by the US Treasury’s CDFI Fund. |
| American Nonprofits, Inc. | Santa Cruz | Community development loan fund in Santa Cruz, CA, certified by the US Treasury’s CDFI Fund. |
| AmPac Tri-State CDC Inc. | Ontario | Community development loan fund in Ontario, CA, certified by the US Treasury’s CDFI Fund. |
| Apoyo Financiero Inc. | Concord | Community development loan fund in Concord, CA, certified by the US Treasury’s CDFI Fund. |
| Arcata Economic Development Corporation | Eureka | Community development loan fund in Eureka, CA, certified by the US Treasury’s CDFI Fund. |
| B.S.D. Capital, Inc. dba Lendistry | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Beneficial State Bank | Oakland | Community development bank or thrift in Oakland, CA, certified by the US Treasury’s CDFI Fund. |
| California Capital Small Business Financial Development Corporation | Sacramento | Community development loan fund in Sacramento, CA, certified by the US Treasury’s CDFI Fund. |
| California Coastal Rural Development Corporation | Salinas | Community development loan fund in Salinas, CA, certified by the US Treasury’s CDFI Fund. |
| California Community Reinvestment Corp. | Glendale | Community development loan fund in Glendale, CA, certified by the US Treasury’s CDFI Fund. |
| California FarmLink | Aptos | Community development loan fund in Aptos, CA, certified by the US Treasury’s CDFI Fund. |
| Century Housing Corporation | Culver City | Community development loan fund in Culver City, CA, certified by the US Treasury’s CDFI Fund. |
| Change Lending, LLC | Anaheim | Community development loan fund in Anaheim, CA, certified by the US Treasury’s CDFI Fund. |
| Civic Community Partners, Inc. | San Diego | Community development loan fund in San Diego, CA, certified by the US Treasury’s CDFI Fund. |
| Clearinghouse Community Development Financial Institution | Lake Forest | Community development loan fund in Lake Forest, CA, certified by the US Treasury’s CDFI Fund. |
| Community First Lending | Richmond | Community development loan fund in Richmond, CA, certified by the US Treasury’s CDFI Fund. |
| Community Vision Capital and Consulting | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| Creser Capital Fund | Sausalito | Community development loan fund in Sausalito, CA, certified by the US Treasury’s CDFI Fund. |
| Economic Development and Financing Corporation | Ukiah | Community development loan fund in Ukiah, CA, certified by the US Treasury’s CDFI Fund. |
| Economic Justice Fund | Sacramento | Community development loan fund in Sacramento, CA, certified by the US Treasury’s CDFI Fund. |
| Feed the Hunger Fund | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| First Community Capital, Inc. | Riverside | Community development loan fund in Riverside, CA, certified by the US Treasury’s CDFI Fund. |
| First General Bank | Rowland Heights | Community development bank or thrift in Rowland Heights, CA, certified by the US Treasury’s CDFI Fund. |
| FIVE RIVERS LOAN FUND, INC | Happy Camp | Native community development loan fund in Happy Camp, CA, certified by the US Treasury’s CDFI Fund. |
| Fresno Area Hispanic Foundation | Fresno | Community development loan fund in Fresno, CA, certified by the US Treasury’s CDFI Fund. |
| Fresno Community Development Financial Institution dba Access Plus Capital | Fresno | Community development loan fund in Fresno, CA, certified by the US Treasury’s CDFI Fund. |
| Genesis LA Economic Growth Corporation | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Global Finance CDFI LLC | Newport Beach | Community development loan fund in Newport Beach, CA, certified by the US Treasury’s CDFI Fund. |
| Habitat Community Capital | Oakland | Community development loan fund in Oakland, CA, certified by the US Treasury’s CDFI Fund. |
| Housing Trust Fund of Santa Barbara County | Santa Barbara | Community development loan fund in Santa Barbara, CA, certified by the US Treasury’s CDFI Fund. |
| Housing Trust Fund Ventura County | Camarillo | Community development loan fund in Camarillo, CA, certified by the US Treasury’s CDFI Fund. |
| Housing Trust Silicon Valley | San Jose | Community development loan fund in San Jose, CA, certified by the US Treasury’s CDFI Fund. |
| ICA Fund | Oakland | Community development venture capital fund in Oakland, CA, certified by the US Treasury’s CDFI Fund. |
| Inclusive Action for the City | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Low Income Investment Fund | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| Main Street Launch | Oakland | Community development loan fund in Oakland, CA, certified by the US Treasury’s CDFI Fund. |
| Mission Asset Fund | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| Mission Community Loan Fund LLC | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| Mission Valley Bank | Sun Valley | Community development bank or thrift in Sun Valley, CA, certified by the US Treasury’s CDFI Fund. |
| MortgageOne, Inc | Carlsbad | Community development loan fund in Carlsbad, CA, certified by the US Treasury’s CDFI Fund. |
| Neighborhood Housing Services of Orange County, Inc. | Orange | Community development loan fund in Orange, CA, certified by the US Treasury’s CDFI Fund. |
| NEIGHBORHOOD HOUSING SERVICES OF THE INLAND EMPIRE, INC. | San Bernardino | Community development loan fund in San Bernardino, CA, certified by the US Treasury’s CDFI Fund. |
| Neighborhood National Bank | National City | Community development bank or thrift in National City, CA, certified by the US Treasury’s CDFI Fund. |
| Neighborhood Partnership Housing Services, Inc. | Rancho Cucamonga | Community development loan fund in Rancho Cucamonga, CA, certified by the US Treasury’s CDFI Fund. |
| NHS Neighborhood Lending Services | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Oportun, Inc. | San Carlos | Community development loan fund in San Carlos, CA, certified by the US Treasury’s CDFI Fund. |
| PACE Finance Corporation | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Pacific Coast Regional, Small Business Development Corporation | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Pacific Community Fund | Daly City | Community development loan fund in Daly City, CA, certified by the US Treasury’s CDFI Fund. |
| Pacific Community Ventures, Inc. | Oakland | Community development loan fund in Oakland, CA, certified by the US Treasury’s CDFI Fund. |
| REDF Impact Investing Fund | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| REDWOOD CAPITAL BANK | Eureka | Community development bank or thrift in Eureka, CA, certified by the US Treasury’s CDFI Fund. |
| Rural Community Assistance Corporation | West Sacramento | Community development loan fund in West Sacramento, CA, certified by the US Treasury’s CDFI Fund. |
| San Francisco Housing Accelerator Fund, The | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| San Luis Obispo County Housing Trust Fund | San Luis Obispo | Community development loan fund in San Luis Obispo, CA, certified by the US Treasury’s CDFI Fund. |
| Springboard CDFI | National City | Community development loan fund in National City, CA, certified by the US Treasury’s CDFI Fund. |
| Sustainable Communities Fund | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| TMCCommunityCapital | Oakland | Community development loan fund in Oakland, CA, certified by the US Treasury’s CDFI Fund. |
| United States Real Estate Corporation | Malibu | Community development loan fund in Malibu, CA, certified by the US Treasury’s CDFI Fund. |
| Valley Small Business Development Corporation | Fresno | Community development loan fund in Fresno, CA, certified by the US Treasury’s CDFI Fund. |
| Ventura County Community Development Corporation | Oxnard | Community development loan fund in Oxnard, CA, certified by the US Treasury’s CDFI Fund. |
| Vermont-Slauson LDC, Inc. | Los Angeles | Community development loan fund in Los Angeles, CA, certified by the US Treasury’s CDFI Fund. |
| Westwater Financial, Inc. | Windsor | Native community development loan fund in Windsor, CA, certified by the US Treasury’s CDFI Fund. |
| Working Solutions CDFI | San Francisco | Community development loan fund in San Francisco, CA, certified by the US Treasury’s CDFI Fund. |
| Yurok Alliance for Northern California Housing | Klamath | Native community development loan fund in Klamath, CA, certified by the US Treasury’s CDFI Fund. |
| Accion Opportunity Fund Community Development | San Jose | 7(a) loans approved, fiscal year 2026: $19M |
| Altos Bank | Los Altos | 7(a) loans approved, fiscal year 2026: $11M |
| American Business Bank | Anaheim | 7(a) loans approved, fiscal year 2026: $13M |
| American Continental Bank | City of Industry | 7(a) loans approved, fiscal year 2026: $47M |
| American Riviera Bank | Santa Barbara | 7(a) loans approved, fiscal year 2026: $4.8M |
| AMPAC Tri-State CDC, Inc. | Ontario | 7(a) loans approved, fiscal year 2026: $16M |
| Banc of California | Los Angeles | 7(a) loans approved, fiscal year 2026: $100M |
| Bank of Hope | Los Angeles | 7(a) loans approved, fiscal year 2026: $586M |
| Bank of the Orient | San Francisco | 7(a) loans approved, fiscal year 2026: $12M |
| Beach Cities Commercial Bank | Irvine | 7(a) loans approved, fiscal year 2026: $11M |
| Beacon Business Bank National Association | San Francisco | 7(a) loans approved, fiscal year 2026: $9M |
| California Bank of Commerce, NA | San Diego | 7(a) loans approved, fiscal year 2026: $5.7M |
| CalPrivate Bank | La Jolla | 7(a) loans approved, fiscal year 2026: $58M |
| Cathay Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $25M |
| CDC Small Business Finance Corp. | San Diego | 7(a) loans approved, fiscal year 2026: $31M |
| Centerstone SBA Lending, Inc. | Los Angeles | 7(a) loans approved, fiscal year 2026: $79M |
| Citizens Business Bank National Association | Ontario | 7(a) loans approved, fiscal year 2026: $15M |
| City National Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $101M |
| Commercial Bank of California | Irvine | 7(a) loans approved, fiscal year 2026: $57M |
| Commonwealth Business Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $243M |
| Community West Bank | Fresno | 7(a) loans approved, fiscal year 2026: $14M |
| East West Bank | Pasadena | 7(a) loans approved, fiscal year 2026: $131M |
| EverTrust Bank | City of Industry | 7(a) loans approved, fiscal year 2026: $7.9M |
| FFB Bank | Fresno | 7(a) loans approved, fiscal year 2026: $26M |
| Fremont Bank | Fremont | 7(a) loans approved, fiscal year 2026: $29M |
| GBC International Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $44M |
| Hanmi Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $208M |
| Harvest Small Business Finance, LLC | Laguna Hills | 7(a) loans approved, fiscal year 2026: $485M |
| Icon Business Bank | Riverside | 7(a) loans approved, fiscal year 2026: $13M |
| KeyPoint CU | San Jose | 7(a) loans approved, fiscal year 2026: $4.8M |
| Lendistry SBLC, LLC | Los Angeles | 7(a) loans approved, fiscal year 2026: $171M |
| Mega Bank | San Gabriel | 7(a) loans approved, fiscal year 2026: $26M |
| Mission Bank | Bakersfield | 7(a) loans approved, fiscal year 2026: $11M |
| Mission Valley Bank | Sun Valley | 7(a) loans approved, fiscal year 2026: $90M |
| Monterey County Bank | Monterey | 7(a) loans approved, fiscal year 2026: $20M |
| Open Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $281M |
| PCB Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $140M |
| Pinnacle Bank | Morgan Hill | 7(a) loans approved, fiscal year 2026: $9.2M |
| Plumas Bank | Quincy | 7(a) loans approved, fiscal year 2026: $40M |
| Preferred Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $4.9M |
| Royal Business Bank | Los Angeles | 7(a) loans approved, fiscal year 2026: $13M |
| Summit State Bank | Santa Rosa | 7(a) loans approved, fiscal year 2026: $30M |
| The Mortgage Capital Development Corporation | Oakland | 7(a) loans approved, fiscal year 2026: $5.1M |
| United Business Bank | Walnut Creek | 7(a) loans approved, fiscal year 2026: $12M |
| US Metro Bank | Garden Grove | 7(a) loans approved, fiscal year 2026: $528M |
| West Coast Community Bank | Santa Cruz | 7(a) loans approved, fiscal year 2026: $13M |
LPs based in California
Foundations, pension plans, and other LPs here that report the venture funds they hold, by the number they hold. Local LPs often back local managers.
Family offices in California
Family offices registered with the SEC as investment advisers, from the Family Office Index. Most family offices are exempt from registering and aren’t on this list.
| Family office | City | Regulatory assets |
|---|---|---|
| ICONIQ Capital, LLC | San Francisco | $118B |
| Aspiriant, LLC | Los Angeles | $18B |
| Tarbox Family Office, INC. | Newport Beach | $954M |
| Friends & Family Capital Management, LLC | Menlo Park | $794M |
| Sestante Family Office | Coronado | $434M |
| Arrowroot Family Office, LLC | Marina Del Rey | $431M |
| Superior Planning Wealth Management & Family Office | San Diego | $350M |
| Pointone Family Office | Manhattan Beach | $327M |
| Angeles Family Office | Santa Monica | $182M |
| Dca Family Office, LLC | Roseville | $120M |
| Bernard & Johnson Family Wealth Management | Pasadena | $113M |
| Astravia Family Wealth Office LLC | El Segundo | — |
About the data
An adviser’s state is where its Form ADV says its main office is. A fund-index firm is placed by the headquarters city the index lists, or by its Form ADV when the city doesn’t tell. Capital sources, LPs, and family offices are placed by the address their own register gives. Angel investors who list themselves are at hottub.vc/investors. Organizations only: no individuals are listed here, and a listing is a public record, not a recommendation. See the methodology.