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Top 25 Venture Capital Firms Investing in Late-Stage Companies

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Jonathan Selby - Founder Shield
Jonathan Selby

General Manager

In the dynamic landscape of late-stage investments, several prominent venture capital firms have demonstrated their prowess in identifying and supporting innovative startups on the cusp of scaling to new heights. This curated list showcases some leading late-stage vc firms known for their strategic insights, financial acumen and extensive industry networks. They play a pivotal role in shaping the future of industries by providing crucial investment capital and strategic guidance to promising startups.

Explore their profiles to understand typical investment sizes, geographical reach, preferred sectors, investment approaches and recent success stories. Whether you’re an entrepreneur seeking funding or an industry enthusiast tracking investment trends, this compilation offers a glimpse into the late-stage funding world.

1. Atlas Venture

Atlas Venture is an early-stage venture capital firm headquartered in Cambridge, Massachusetts. It invests in biotech startup companies in the US.

Average Round Size:

$20M.

Geography:

US and Europe.

Investment Sectors:

Biotech, Healthcare and Life Sciences

Investment Stage:

Seed, Early and Late Stage.

Portfolio Companies:

Dyne Therapeutics, Third Harmonic Bio and Chroma Medicine.

Investment Approach:

Atlas Venture collaborates with experienced venture partners and entrepreneurs-in-residence to found, seed, incubate and invest in new biotech startups.

Competitive Advantage:

Atlas Venture is open to multi-target partnerships to advance the biotech industry.

Recent Investments:

Nimbus Therapeutics, Nvelop Therapeutics

Note: Nimbus Therapeutics is a company pioneering technologically-driven methods of drug discovery. Atlas Venture first invested in its Seed round in 2011 and just invested in its latest funding round in 2023, too.

Contact Information:

  • Website: https://atlasventure.com/ 
  • Email: lifesciences@atlasventure.com 
  • Address: 300 Technology Square, 8th Floor, Cambridge, MA 02139

Additional Notes:

From 2015 to 2022, Atlas Venture raised over $2 billion and created and/or invested in over 50 biotech companies.

2. Bain Capital Ventures (BCV)

Bain Capital is one of the world’s leading private investment firms. BCV is the venture capital division — a multi-stage, domain-focused venture fund with offices in San Francisco, NYC, Boston and Palo Alto.

Average Round Size:

$28M.

Geography:

US.

Investment Sectors:

Commerce, Fintech, Application Software/SaaS, Infrastructure

Investment Stage:

Seed, Early and Late Stage.

Portfolio Companies:

DocuSign, SurveyMonkey and LinkedIn.

Investment Approach:

BCV offers a hands-on partnership, striving to be both coaches and cheerleaders. They invest from Seed to Late Stage, deploying stage-specific support.

Competitive Advantage:

Deep domain focus, proprietary customer development and access to the Bain Capital Network. 

Recent Investments:

Apollo.io, helping sales teams find their ideal buyers, and contextual.ai, offering a pioneering approach to generative AI in the workplace.

Contact Information:

Additional Notes:

In 2023, the venture firm had raised $1.9 billion across two funds: one for seed to growth-stage opportunities at around $1.4 billion and one for late-stage startups at $493 million.

Average Round Size:

$28M.

Geography:

US.

Investment Sectors:

Commerce, Fintech, Application Software/SaaS, Infrastructure

Investment Stage:

Seed, Early and Late Stage.

Portfolio Companies:

DocuSign, SurveyMonkey and LinkedIn.

Investment Approach:

BCV offers a hands-on partnership, striving to be both coaches and cheerleaders. They invest from Seed to Late Stage, deploying stage-specific support.

Competitive Advantage:

Deep domain focus, proprietary customer development and access to the Bain Capital Network. 

Recent Investments:

Apollo.io, helping sales teams find their ideal buyers, and contextual.ai, offering a pioneering approach to generative AI in the workplace.

Contact Information:

Additional Notes:

In 2023, the venture firm had raised $1.9 billion across two funds: one for seed to growth-stage opportunities at around $1.4 billion and one for late-stage startups at $493 million.

3. Battery Ventures

Battery Ventures is a venture capital firm that primarily funds software startups. They have been in business for over 40 years

Average Round Size:

$30M.

Geography:

Mostly in the US, Israel and the UK.

Investment Sectors:

Application Software, Infrastructure Software, Consumer, Industrial Tech and Life Science Tools.

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Glassdoor, Groupon, Skullcandy, Wayfair, Affirm, Coinbase, Confluent.

Investment Approach:

The firm practices a collaborative, research-focused style of investing.

Competitive Advantage:

The company highly supports its startups, from business development, talent acquisition, marketing and communications, scaling and leadership improvement.

Recent Investments:

$70M for UBQ Materials, $18M for Fulcrum

Contact Information:

  • Website: www.battery.com
  • Phone: 617-948-3600
  • Address: One Marina Park Drive Suite 1100, Boston, Massachusetts 02210

Additional Notes:

Since its inception, Battery Ventures has raised over $13B through 14 funds. The latest one raised $3.8B.

4. BDC Venture Capital

Canada’s largest and most active venture capital investor.

Average Round Size:

$10M.

Geography:

Canada.

Investment Sectors:

Information Technology, Energy, Cleantech and Healthcare.

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Acerta Analytics Solutions, Acuva Technologies and AdStash.

Investment Approach:

With equity investment, expert guidance and trusted advice, BDC Capital helps high-potential companies scale. Also, BDC Capital is often leading the Canadian VC ecosystem; they developed a national Diversity, equity and inclusion (DEI) reporting template for Canadian general partners and their portfolio companies in 2022.

Competitive Advantage:

As Canada’s most connected venture capital investor, they provide opportunities others can’t. The firm has 10 funds, ranging from Healthcare Venture Fund to Women in Technology Venture Fund.

Recent Investments:

Carbon Upcycling, a leader in circular decarbonization solutions, and General Fusion, developing the first commercially-viable fusion power plant.

Contact Information:

Additional Notes:

In 2023, BDC announced a $150-million Sustainability Venture Fund to invest in businesses developing technologies that support sustainability and climate targets.

5. Bessemer Venture Partners

Bessemer began as a side project of Carnegie Steel, an American steel giant. It now focuses on private equity and venture capital investments globally.

Average Round Size:

$44M.

Geography:

Global focus.

Investment Sectors:

Enterprise, Consumer and Healthcare.

Investment Stage:

Early to Late Stage.

Portfolio Companies:

Twilio, Twitch, LinkedIn, Pinterest, Yelp, Shopify, Wix.

Investment Approach:

The firm is heavily involved in the companies it invests in and prioritizes those with strong founding teams with a tangible opportunity for growth.

Competitive Advantage:

Bessemer has a strong Diversity, Equality and Inclusivity focus. Its core values are curiosity, intellectual honesty, learning and mentorship, empowerment, innovation and collaboration.

Recent Investments:

$19M for Fulcrum, $28M for GlossGenius and $72M for Thunes.

Contact Information:

  • Website: www.bvp.com/
  • Email: businessplans@bvp.com
  • Address: 539 Bryant St, Suite 301, CA 94107

Additional Notes:

In 2022, the firm was named the 8th largest investment company in the past five years based on total fundraising.

6. Cisco Investments

Founded in 1993, Cisco Investments is a corporate venture arm of Cisco Systems.

Average Round Size:

$28M.

Geography:

Based in San Jose, California, and investing globally.

Investment Sectors:

Cloud, Enterprise, IoT, Productivity, Developer Tools, Cybersecurity.

Investment Stage:

Late Stage.

Portfolio Companies:

Qwilt, HYCU, Elevate Security.

Investment Approach:

Cisco Investments doesn’t only give funding; they stick around to monitor and magnify the impact of their investments. Cisco’s Portfolio Development and Market Development teams work together, helping companies connect with executive networks and the wider VC community. Their Aspire Fund is committed to helping create a more diverse, inclusive technology industry worldwide.

Competitive Advantage:

They have more geographical touch points than any other venture firm, meaning their presence is global — in Singapore, Shanghai, Tel Aviv, Bangalore, Hong Kong, London, San Jose and San Francisco.

Recent Investments:

Binalyze raised a $19M Series A.

Contact Information:

Additional Notes:

In 2022, the firm was named the 8th largest investment company in the past five years based on total fundraising.

7. Felicis

Felicis backs impactful initiatives with a “success with empathy” mission. They prioritize startups that create equal opportunities to learn, innovate and thrive.

Average Round Size:

$19M.

Geography:

Global focus. Has currently invested in 20+ countries.

Investment Sectors:

Invests across all industries.

Investment Stage:

Invests across all stages.

Portfolio Companies:

Canva, Credit Karma, Plaid, Twitch, Shopify.

Investment Approach:

Felicis’ Founder Pledge encourages founders to prioritize key data points with ‘telemetry.’ It also votes its shares alongside founders to strengthen trust.

Competitive Advantage:

Felicis uses 1% of every invested dollar for personalized founder development: executive coaching, therapy and more.

Recent Investments:

$100M for Poolside, $7.52M for Hitloop and $50M for Weights & Biases.

Contact Information:

  • Website: www.felicis.com
  • Phone: 650-251-4031
  • Address: 2460 Sand Hill Road Suite100, Menlo Park, California, 94025

Additional Notes:

TechCrunch reported on Felicis’ bold investment choices, with its founder saying, “People looking only at valuations are missing a big piece of the equation. Entry point is important, but it’s the companies you choose and whether they exit or not.”

8. Foundation Capital

Foundation Capital is a high-ownership, high-touch venture capital firm located in Silicon Valley.

Average Round Size:

Average Round Size:

$20M.

Geography:

The leading office is in Palo Alto.

Investment Sectors:

Enterprise, Fintech and Crypto.

Investment Stage:

Early Stage through to Late Stage.

Portfolio Companies:

Solana, Netflix, Jasper, TubeMogul.

Investment Approach:

The firm’s approach follows three principles: Go early. Go deep. Go big. The idea is that Foundation Capital helps founders throughout their whole journey; from closing a first hire with the firm’s bespoke recruiting function (FC Talent) to finding customers with FC Compass, a customer network of leaders from top tech and global companies.

Competitive Advantage:

By often starting with founders at inception, even at the pre-product stage, the firm can offer hands-on guidance and reshape industries. Each aspect of their approach is tailor-made to empower entrepreneurs with the necessary resources to make a real-world impact.

Recent Investments:

Superorder — a platform offering restaurant management solutions — received $10M in Series A in 2023.

Contact Information:

Additional Notes:

Before reaching out to Foundation Capital, founders should consider the following questions: “How nimbly can they navigate ever-changing tides? What unique attributes and experiences enable them to succeed where others stumble?”

9. Gaingels

Gaingels primarily supports LGBTQIA+ and Ally startups. They prioritize companies with diverse leaders that create social change.

Average Round Size:

$17M.

Geography:

Globally, focusing on North America.

Investment Sectors:

Tech-focused startups.

Investment Stage:

From pre-seed to pre-IPO.

Portfolio Companies:

Better, Carta, Udemy, Binance, Chime, Oura.

Investment Approach:

Gaingels is a venture investment syndicate taking memberships from Accredited Investors. It doesn’t lead funding rounds but rather invests with other VC funds and rounds led by super-angels.

Competitive Advantage:

Its focus on diversity and inclusion places minority founders at the forefront.

Recent Investments:

$3.5M for Crediverso, $3.12M for VerImmune and $6M for Paxton.

Contact Information:

  • Website: www.gaingels.com
  • Email: investments@gaingels.com
  • Address: 3 Main St Ste 214, Burlington, Vermont, 05401

Additional Notes:

Although deal size shrank in 2023 (with the highest investment being $10M in February), the VC syndicate regularly invested double digits in 2022.

10. General Catalyst

General Catalyst is a venture capital firm focusing on all stages of a company’s life. Their three key areas are Creation for pre-seed companies, Ignition for Seed and Early stage startups and Endurance for growth and later stages.

Average Round Size:

$66M.

Geography:

US and UK.

Investment Sectors:

Consumer, Enterprise, AI & ML, Cloud, Marketplace, SaaS, Developer Tools.

Investment Stage:

From pre-seed to Late Stage.

Portfolio Companies:

Stripe, Warby Parker, Canva, Airbnb, Snap, HubSpot.

Investment Approach:

The firm has two strategic proposals: Health Assurance, for health-related startups looking to make healthcare more equitable, and Customer Value, to help early startups with customer acquisition without negatively impacting their balance sheet.

Competitive Advantage:

General Catalyst has a vast team of Catalyst Advisors — executives from many industries who help startup founders throughout their growth process with the firm.

Recent Investments:

$4M for Parallax, $75M for Georgiamune and $45M for Tractian.

Contact Information:

  • Website: www.generalcatalyst.com
  • Email: gcinfo@generalcatalyst.com
  • Address: 20 University Rd 4th Floor, Cambridge, Massachusetts

11. Highland Capital Partners

Founded in 1987, Highland Capital Partners is a venture capital firm focused on putting the entrepreneur first.

Average Round Size:

$22M.

Geography:

US and Europe.

Investment Sectors:

Enterprise Software, Robotics, Real Estate Tech, Digital Media and Marketing, Health Tech, Blockchain, Crypto Assets, and Insurance Tech.

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Rent the Runway, Clearco and GetYourGuide.

Investment Approach:

The firm invests in a variety of asset classes, including public and private equity, real estate, and credit. Highland’s investment approach is based on a deep understanding of the markets and a focus on identifying and investing in high-quality assets.

Competitive Advantage:

One of the key elements of Highland’s investment advantage is its focus on fundamental research and risk management.

Recent Investments:

Jerry, an all-in-one car app, got a $110M Series C.

Contact Information:

12. Index Ventures

Index Ventures is a venture firm founded in Geneva that initially aimed to bring Silicon Valley-style investments to Europe. They have since expanded to London, San Francisco and New York. They’re currently working with three funds: Seed with $200M allocated, early-stage with $900M and growth with $2B.

Average Round Size:

$35M.

Geography:

Global focus.

Investment Sectors:

Technology companies focusing on eCommerce, Fintech, Mobility, Gaming, Infrastructure/AI and Security.

Investment Stage:

From Seed to IPO.

Portfolio Companies:

Adyen, Confluent, Dropbox, Farfetch, Discord, Slack.

Investment Approach:

Index Ventures considers how much a startup managed to achieve without any funding to assess its resilience and market approach.

Competitive Advantage:

The VC wants to be there for the long haul. They make deep connections with founders and work with a people-centered strategy in mind.

Recent Investments:

$3.8M for Worldover, $16.5M for Ideogram AI and $21.1M for SafetyCulture

Contact Information:

  • Website: /www.indexventures.com/
  • Phone: +44 20 7154 2020
  • Address: 5–8 Lower John Street, London W1F 9DY

Additional Notes:

Crunchbase recently reported on Index’s visionary early interest in AI startups and discussed their notable investments in the sector.

13. Insight Partners

Insight Partners is a venture capital firm focusing on software innovations. The global investor aims to quickly scale startups with its three pillars: scale, focus and experience.

Average Round Size:

$68M.

Geography:

Mostly in the US but others across Europe and Asia.

Investment Sectors:

Fintech, Cybersecurity, AI/ML, DevOps, Healthcare, EdTech, eCommerce.

Investment Stage:

Early to Late Stage.

Portfolio Companies:

Wiz, Calm, Divvy, Udemy, Monday, Jasper, Hootsuite, SentinelOne.

Investment Approach:

Index Ventures considers how much a startup managed to achieve without any funding to assess its resilience and market approach.

Competitive Advantage:

The company has invested in software startups since 1995, making them an experienced partner for anyone who wishes to propel their software company.

Recent Investments:

$11.5M for Briya and $100M for Writer.

Contact Information:

  • Website: www.insightpartners.com/
  • Phone: 212-230-9200
  • Address: W. R. Grace Building, 1114 6th Ave 36th floor, New York, 10036

Additional Notes:

Insight Partners was recently the subject of TechCrunch’s report on the state of late-stage funding, citing hardships in the space shouldn’t alarm people. The article offers a rich analysis of the firm’s current interests and how it’s sailing through a tough 2023.

14. Khosla Ventures

Khosla Ventures is a venture capital firm with two funds: Seed Fund for startups earlier in their development and Main Fund for more established companies.

Average Round Size:

$30M.

Geography:

Global focus.

Investment Sectors:

Consumer, Enterprise, Education, Food & Beverage, Robotics, Agriculture, Fintech.

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Affirm, Doordash, Headspace, OpenAI, GitLab, Impossible Foods.

Investment Approach:

Khosla Ventures has deemed itself direct and straightforward with founders, adding, “We are not here to be your friends or to control ownership; we are all about helping you build a business. We prefer brutal honesty to hypocritical politeness. You won’t have to guess what we’re thinking; even if we have a hard conversation, it’s because we think it helps you as an entrepreneur.”

Competitive Advantage:

This VC firm is quite hands-on with the companies they invest in, lending them assistance and helping them scale teams with more specialized industry figures.

Recent Investments:

$52M for Mighty Buildings, $17M for Bold and $3.75M for Automate.

Contact Information:

  • Website: www.khoslaventures.com
  • Email: kv@khoslaventures.com
  • Phone: 650-376-8500
  • Address: 2128 Sand Hill Road, Menlo Park, CA 94025

Additional Notes:

Khosla has been known to specialize in ‘deep-tech’ startups and healthcare innovations, claiming that technology will make healthcare more accessible to everyone.

15. Lerer Hippeau

Lerer Hippeau is a venture capital fund based in New York City, with a focus on early-stage startups and investments in the US.

Average Round Size:

$10M.

Geography:

“We’ve built our fund and our lives in New York City. And we’re drawn to creative entrepreneurs who embody this city’s energy.”

Investment Sectors:

Big Data & Analytics, Cybersecurity, eCommerce, Education, Health & Wellness, Crypto & Blockchain, Fintech, Food & Beverage, Future of Work & Productivity, Hardware & Robotics, Healthcare, Marketing, Media & Entertainment, Proptech, Supply Chain & Logistics

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Buzzfeed, Allbirds, Warby Parker.

Investment Approach:

Lerer Hippeau likes to invest early and stay late, with their tagline being: “Our resources are your resources.”

They have three funds:

  • Seed, focusing on pre-seed and seed-stage companies
  • Select, for Series A to C companies
  • Secondary, which manages portfolios originated by other fund managers.

Competitive Advantage:

This VC fund is sector agnostic, which means the team is comprised of generalists with varied backgrounds, ready to learn about new markets and industries as they go. The fund’s portfolio is split evenly across consumer and enterprise companies.

Recent Investments:

Rare Candy, a marketplace for nerd culture collectibles, and Teleskope, a data protection platform that automates data security, privacy and compliance.

Contact Information:

16. Norwest Venture Partners

Norwest is a venture capital and private equity firm that supports tech startups positively impacting people and the planet. They have a strong track record in the venture capital space dating back to 1961.

Average Round Size:

$32M.

Geography:

Mostly in the US, India and Israel.

Investment Sectors:

Consumer, Enterprise, Healthcare, AI & ML, Biotech, DTC, eCommerce, Education, Fintech, Food & Beverage, Marketplace, Media, SaaS, Proptech.

Investment Stage:

Early, Growth and Late Stage.

Portfolio Companies:

Casper, Dave, GoFundMe, ICON, Plaid, SmartSign.

Investment Approach:

The firm concentrates on responsible investing, screening a company’s alignment with UN Global Compact principles and their approach to governance, data security and DE&I.

Competitive Advantage:

Norwest enforces a culture grounded in empathy, ethics, collaboration, and understanding. Its core values are integrity, perspective, empathy, empowerment and community.

Recent Investments:

$12M for RightRev, $1M for Pair Eyewear and $26M for Vertos Medical.

Contact Information:

  • Website: www.nvp.com
  • Email: businessplan@nvp.com
  • Phone: 650-321-8000
  • Address: 1300 El Camino Real, Suite 200, Menlo Park, CA 94025

17. Oak Investment Partners

A multi-stage venture capital firm providing growth equity to mid- and late-stage private businesses and public companies.

Average Round Size:

$34M.

Geography:

Based in Norwalk, Connecticut and California.

Investment Sectors:

Information Technology, Internet and Consumer, Financial Services Technology, Healthcare Information and Clean Energy.

Investment Stage:

Early and Late Stage. 

Portfolio Companies:

NextNav, Phononic, Inc. and Photobucket Corporation.

Investment Approach:

Oak Investment Partners has a small, cohesive team of Managing Partners, General Partners, Venture Partners, and Investment Professionals. This means they can make decisions quickly, focus on domain strengths, and preserve integrity. They also utilize a venture partner team and leverage the Oak global network.

Competitive Advantage:

Their multi-stage investing approach enables them to finance companies as they reach a turning point. Or if markets change, Oak Investment Partners helps teams identify and capitalize on these opportunities.

Contact Information:

18. OrbiMed Advisors

OrbiMed is the perfect investment partner for digital health companies looking to make health services more affordable and accessible. With seven offices worldwide, including two in the US, OrbiMed has the global reach and expertise to help digital health startups succeed.

Average Round Size:

$67M.

Geography:

Global focus.

Investment Sectors:

Healthcare.

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Adaptive, Adela, Electra Therapeutics, Fore, NextCure.

Competitive Advantage:

OrbiMed is the perfect investment partner for health-related startups looking to make health services more affordable and accessible. They currently have seven offices worldwide, with two located in the US.

Contact Information:

  • Website: www.orbimed.com
  • Email: companies@OrbiMed.com
  • Address: 601 Lexington Avenue, 54th Floor. New York, New York 10022

Additional Notes:

The company claims to have committed nearly $2 billion to improve developing-country healthcare, from maternal care hospitals in India to dialysis centers in China. They also have a charitable matching program, and they encourage startups they partner with to promote paid time off for community service.

19. Polaris Partners

An investment firm with more than 25 years of experience backing transformational healthcare and biotech companies.

Average Round Size:

$26M.

Geography:

Offices in Boston, New York and San Francisco.

Investment Sectors:

Healthcare, Life Sciences and Biotechnology.

Investment Stage:

Seed to Late Stage.

Portfolio Companies:

Primmune Therapeutics, LegalZoom and Insidesales.com.

Investment Approach:

Polaris Partners helps companies across all stages of entrepreneurship and is driven by integrity and transparency. The firm has a team of entrepreneurs, scientists, and operators that help guide transformative early-stage startups.

Competitive Advantage:

They have two separate funds: The Innovation Fund, focused on companies involved in early-stage scientific research, and the Growth Fund for well-established ventures.

Recent Investments:

Seraxis, a biotech company developing cell therapy to treat diabetes.

Contact Information:

20. Salesforce Ventures

Founded in 2009, Salesforce Ventures is Salesforce’s corporate venture capital arm. They have invested in and partnered with more than 400 of the world’s most tenacious enterprise software companies.

Average Round Size:

$46M.

Geography:

US, Australia, the UK and Japan.

Investment Sectors:

Cloud, SaaS, Enterprise, Healthcare, Productivity, Fintech, Cybersecurity, Automation.

Investment Stage:

Seed to IPO.

Portfolio Companies:

Dropbox, DocuSign, BetterUp, Airtable.

Investment Approach:

Salesforce Ventures aims to be a constructive, long-term partner, especially in supporting underrepresented and underestimated founders. 80% of their portfolio companies have board members who are female or underrepresented minorities.

Competitive Advantage:

The portfolio companies benefit from Salesforce Ventures’ Innovation Advisory Board — a group of senior executives and technical leaders from companies across various industries. These leaders provide early product feedback, insider perspectives, and best practices for governance, hiring and marketing. Also, this firm has built the world’s strongest ecosystem of cloud companies.

Recent Investments:

Anthropic, You.com and Hugging Face

Contact Information:

Additional Notes:

In March 2023, Salesforce Ventures said it would launch a new $250 million generative AI fund looking at promising generative AI startups. Then, they doubled the fund to $500 million to show their commitment to expanding the AI startup ecosystem.

21. Shenzhen Capital Group (SCGC)

Founded in 1999, SCGC is the venture investment arm of the Shenzhen Government.

Average Round Size:

$41M.

Geography:

Based in Shenzhen, China, and invests in China.

Investment Sectors:

Manufacturing, Internet, Biotech/Healthcare, New Energy/Clean Technology, Consumer Goods/Modern Services.

Investment Stage:

Late Stage.

Portfolio Companies:

Human Horizons, Weichai Power and BGI Genomics.

Investment Approach:

SCGC aims to promote economic transformation and develop emerging industries. It’s a holding group that oversees a portfolio of investment subsidiaries and jointly managed funds, with operations encompassing equity investments, mutual funds, holding companies, real estate, asset securitization and other ventures.

Competitive Advantage:

SCGC has strong government ties, an extensive network, a track record of exits, and is deeply embedded in the Shenzhen ecosystem, all helping its portfolio companies navigate the competitive Chinese market.

Recent Investments:

CyberIOT, a provider of digital energy products and solutions.

Contact Information:

  • Website: https://www.szvc.com.cn/en
  • Email: master@szvc.com.cn
  • Address: Floor 52, Shenzhen Capital Group Plaza, Number 1066 Haide 3rd Road, Nanshan District, Shenzhen, 518054

Additional Notes:

As of August 2023, SCGC has invested 97.9 billion CNY into 1717 projects. And 260 portfolio companies have gone public in 17 capital markets worldwide.

22. Tiger Global Management

Tiger Global Management is a heavyweight hedge fund company working in private and public markets.

Average Round Size:

$238M.

Geography:

Global focus.

Investment Sectors:

Tech, Consumer-Facing and Financial Services.

Investment Stage:

From Seed to post-IPO.

Portfolio Companies:

Alibaba, Blank Street Coffee, DiDi, Nubank, Stripe, Spotify, Facebook.

Investment Approach:

Tiger Global focuses on more established companies that can ensure future free cash flow, meaning earnings going back to shareholders, excluding capital expenditure (CapEx).

Competitive Advantage:

Tiger Global likes to take big risks with startups that have backed up promising claims.

Recent Investments:

$50M for Jokr, $500M for Databricks and $20M for Captain Fresh.

Contact Information:

  • Website: www.tigerglobal.com/
  • Phone: 212-984-8800
  • Address: 9 West 57th St, 35th Floor, New York, New York, 10019

Additional Notes:

The firm made 361 investments in 2021, offering financial backing to almost a startup daily that year.

23. TPG

TPG is an investment firm with four distinct funds: Capital, Growth, Impact and Real Estate.

Average Round Size:

$39M.

Geography:

Global focus with teams across every continent.

Investment Sectors:

Consumer, Healthcare, Business services, Internet, Media & Communications, Software, Enterprise Technology.

Investment Stage:

Seed to post-IPO.

Portfolio Companies:

Dropbox, Calm, Greenhouse, Kaseya, Kindred.

Investment Approach:

TPG’s array of funds means its teams are laser-focused on growth within the funding stage, helping late-stage companies realize their potential through innovation and preparing them for an exit or their next stage in private equity.

Competitive Advantage:

Tiger Global likes to take big risks with startups that have backed up promising claims.

Recent Investments:

$336M for Denodo, $10M for Puck and an undisclosed amount for PolicyBoss.

Contact Information:

  • Website: www.tpg.com/
  • Phone: 415-269-9884
  • Address: 345 California Street Suite 3300, San Francisco, CA 94104

24. Verdane

Verdane is a VC firm focused on sustainable society solutions within energy transition and resilient communities.

Average Round Size:

$12M.

Geography:

Europe.

Investment Sectors:

Consumer, eCommerce, Marketplace, Climate & Sustainability, Enterprise, SaaS.

Investment Stage:

Late Stage.

Portfolio Companies:

Onomondo, Wunderflats.

Investment Approach:

The firm looks for tech-enabled businesses that operate in markets aligned with the United Nations SDGs.

Competitive Advantage:

Verdane specializes in three key areas: B2C digitalization, B2B digitalization and decarbonization. Its expertise is in the Benelux, DACH, Nordics and UK regions with a global growth vision.

Recent Investments:

$10M for Ingrid, $29M for Fashion Cloud and $21M for Onomondo.

Contact Information:

  • Website: www.verdane.com
  • Email: office@verdane.com
  • Phone: +49 171 814 96 49
  • Address: Hieronymus Heyerdahlsgate 10160 Oslo, Norway

25. Walden Catalyst

Founded in 2021, Walden Catalyst is a VC firm headquartered in San Francisco and Berlin. The founders Lip-Bu Tan and Young Sohn believe in helping bold and daring early-stage companies using deep tech to change the world.

Average Round Size:

A few million to $25M in one round.

Geography:

US, Europe and Israel.

Investment Sectors:

Semiconductors, Data & AI, Deep Tech & Hard Science, Quantum, Cloud, Digital Biology, Fintech.

Investment Stage:

Mostly Seed and Series A, but Late Stage too.

Portfolio Companies:

Zoom, ANYbotics, Solaris.

Investment Approach:

Walden Catalyst believes that entrepreneurs are the heart of innovation. The firm is committed to leveraging its operational and investing experience to help the next generation of disruptive startups rapidly scale and have a meaningful impact.

Competitive Advantage:

The firm has close ties to the Extreme Tech Challenge (XTC), a startup competition and ecosystem for entrepreneurs addressing global challenges aligned with UN SDGs.

Recent Investments:

$155M in AI21 Labs (Series C) in August 2023.

Contact Information:

Before Turning to These Top Venture Capital Firms

Overall, adequate research, planning and preparation before going for a next round of funding is vital. So before you contact any of these firms, we recommend you review your Employment Practices Liability (EPL) and Directors & Officers (D&O) insurance policies. At Founder Shield, we specialize in knowing industry risks and seek to make sure you have adequate protection.

Request to work with a Specialist who can help you create a customized insurance program to fit your needs and scale with your business.

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