Top Venture Capital Firms and Other Startup Funding Options (2023)
If you know of more top venture capital firms that are not on this list but deserve to be recognized, please let us know.
Let’s talk about funding. If you have a startup or are considering starting a startup, you might be in a situation where you need cash to support the business. If you’re looking for the top venture capital firms, then this article is for you. Be sure to also read the post about the best startup blogs to follow to quickly grow your SaaS business since there are VC blogs mentioned in there as well.
Each type of funding has its own advantages and disadvantages, so it’s important to choose the right one for your business. Check out The Pros and Cons of Hiring Startup Funding Consultants.
So, which type of funding is right for your business? It depends on a number of factors, including your business’s stage of development, the amount of capital you need, and your goals for the future.
Government grants
Government grants can be a great option for businesses that are working on developing new, innovative products or services. However, the application process can be competitive, and there may be strict criteria that businesses must meet in order to be eligible.
Angel investors / Seed Funding
Also known as “seed” funding. These investors aren’t always professional investment companies. Some are family members or friends. Others are high-net-worth individuals who are looking to invest in businesses with high growth potential. The advantage of angel investors is that they can provide both financial and mentorship support to businesses. However, the downside is that they may be harder to find than other types of investors.
Many businesses start with some sort of seed funding.
Top Venture Capital Firms
Venture capital is another option for startups. This type of funding is typically provided by investment firms or individual investors who are looking to invest in high-growth businesses. The advantage of venture capital is that it can provide a lot of growth capital for businesses. They most likely have staff members that have built startups as well and will provide advice on the various challenges you may face. This is important as the top venture capital firms can be great partners to your business. Think of it as a marriage… if you pick the wrong partner, you’ll feel quite lonely pretty quick.
The downside to venture capital is that they typically want a significant equity stake (and board of director seats) in the business. This is something to think seriously about since many startup founders have been forced out or fired from their own businesses when the Board feels another CEO could do better. Investors can lose patience fairly quickly when large amounts of money are involved.
Don’t miss out on our list of best venture capital firms for this year.
Below is a substantial list of the top global venture capital firms:
General Atlantic
https://www.generalatlantic.com
New York
We partner with leading entrepreneurs and innovative growth companies to deliver value for our family and institutional capital partners. Since 1980, we have identified disruptive businesses with transformative potential and helped them scale globally. We do this by serving as true partners and leveraging our patient capital, operational expertise, and global platform.
Hillhouse Capital Group
http://www.hillhousecap.com
China
We are entrepreneurs who happen to be investors.
Insight Venture Partners
https://www.insightpartners.com
New York
For over 25 years we’ve partnered with the world’s leading software ScaleUps, providing the capital, operating guidance, and expansive network companies need to propel growth for the long term – and soar.
Iconiq Capital
http://www.iconiqcapital.com
California
Entrepreneurs Backing Entrepreneurs. We partner with visionaries defining the future of their industries to transform the world.
Tiger Global Management
https://www.tigerglobal.com
New York
Tiger Global is an investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries.
New Enterprise Associates
http://www.nea.com
California
We are a global venture capital firm with a mission to make the world better by helping founders build great companies that improve the way we live, work, and play.
Norwest Venture Partners
https://www.nvp.com
California
We offer entrepreneurs a broad range of services to help them build their businesses at every stage of growth.
Institutional Venture Partners
https://www.ivp.com
California
IVP is a premier venture capital and growth equity firm with $8.7 billion of committed capital and a 40-year IRR of 43.1%. We invest in rapidly-growing technology companies and partner closely with exceptional management teams. Founded in 1980, IVP has invested in over 400 companies, 131 of which have gone public.
StepStone Group
https://www.stepstonegroup.com
New York
Andreessen Horowitz
https://a16z.com
California
We are stage agnostic: We invest in seed to venture to late-stage technology companies, across bio + healthcare, consumer, crypto, enterprise, fintech, games, and companies building toward American dynamism. a16z has $33.3B in assets under management across multiple funds.
GGV Capital
http://ggvc.com
California
We believe the talent to build great companies comes from anywhere.
Redpoint Ventures
https://www.redpoint.com
California
Redpoint partners with exceptional entrepreneurs starting at the earliest stages of the climb.
Bessemer Venture Partners
https://www.bvp.com
California
We make seed and Series A investments and stick with companies at every stage of their growth.
Sapphire Ventures
https://sapphireventures.com
California
Drawing on our global relationships, experience in growing technology companies, and robust Portfolio Growth services, we’ll do everything we can to help you rapidly scale. Our approach is collaborative, agile, and efficient — providing support when and where you need it.
Matrix Partners
https://www.matrixpartners.com
Massachusetts
We are an entrepreneur’s most valuable partner over a long period of time. We engage early. We wear well. We are steady. We are the best firm for you on day one, and the best firm for you at $1B.
Bain Capital Ventures
https://www.baincapitalventures.com
Massachusetts
BCV helps founders build iconic businesses that transform the way we live and work.
Lightspeed Venture Partners
http://lsvp.com
California
Our mission is to serve the world’s most extraordinary people who are building tomorrow’s companies today.
Sequoia Capital
https://www.sequoiacap.com
California
We partner early—sometimes when a company is no more than an idea. We know these crucial first decisions can have an exponential influence on the curve of success.
Greylock Partners
https://www.greylock.com
California
At Greylock, our mission is to help realize rare potential. To do this well, we believe it’s essential to be trusted partners to entrepreneurs at every stage — from idea to IPO.
General Catalyst
https://www.generalcatalyst.com
Massachusetts
With venture and operational excellence at our core, we take a long view on investing. Having lived through it ourselves, we understand that inflection points are a natural part of a company’s growth and that the best companies are built over time. Our investment goes beyond capital to active company building at every stage. We provide a steady hand along the journey, including through the inevitable bumps on the way.
Accel Partners
https://www.accel.com
California
Accel is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth.
Founders Fund
https://foundersfund.com
California
We invest in smart people solving difficult problems, often difficult scientific or engineering problems.
Kleiner Perkins Caufield Byers
http://www.kpcb.com
California
For five decades we have partnered with intrepid founders to build iconic companies that made history. Today, Kleiner Perkins continues that legacy, investing in founders with bold ideas that span industries and continents, partnering with them from inception to IPO and beyond to maximize the potential of their ideas… and make history.
Versant Ventures
https://www.versantventures.com
California
Battery Ventures
https://www.battery.com
Massachusetts
We back founders and talented teams at all stages of growth, from startups to established market leaders. We are currently investing from our 13th family of funds capitalized at $2 billion.
SV Angel
https://www.svangel.com
California
SV Angel is a San Francisco-based venture fund. Over the last 30 years of early-stage investing, our core values of trust, loyalty, and integrity along with our founder-first approach have driven our strategy.
43North
https://www.43north.org
New York
43North offers an opportunity to scale your business with funding and an immersive accelerator program like no other. Each year, we invest $5 million into startups, offering founders a chance to secure $1 million in funding, and gain access to a host of support services – from mentorship to connections to investors, and inroads to customers. We typically look for seed-stage startups that have a strong team in place, traction with customers, and received previous investment.
Wa’ed
https://www.waed.net
Saudi Arabia
Created by Aramco in 2011 to ignite the spirit of entrepreneurship in Saudi Arabia, Wa’ed is an essential enabler of business transformation and economic diversification in the Kingdom, providing loan financing, venture capital investment, and incubation services to game-changing start-ups.
Softbank Vision Fund
August Capital
Index Ventures
GV (Google Ventures)
Altimeter Capital
Upfront Ventures
Intel Capital
Electric Capital
https://www.electriccapital.com
Ally Bridge Group
Balderton Capital
https://www.balderton.com
London
Canaan Partners
Y Combinator
YC Continuity Fund
http://www.ycombinator.com/continuity
Lowercarbon Capital
https://lowercarboncapital.com
Spark Capital
Highland Capital Partners
Foundry Group
Cleveland Avenue
https://www.clevelandavenue.com
Chicago
Benchmark Capital
Draper Fisher Jurvetson
Dragoneer Investment Growth
https://www.dragoneergrowth.com
California
Vertex Holdings
8VC
True Ventures
Thrive Capital
https://www.thrivecap.com
New York
Lux Capital
Point Nine
https://www.pointnine.com
Germany
New Leaf Venture Partners
Edison Partners
https://www.edisonpartners.com
Alumni Ventures Group
Emergence Capital
Paradigm
Craft Ventures
Gradient Ventures
Khosla Ventures
https://www.khoslaventures.com
Octopus Ventures
https://www.octopusventures.com
Jerusalem Venture Partners
https://www.jvpvc.com
Israel
Atomico Ventures
Union Square Ventures
Northzone
https://northzone.com
London
SOSV
Innovation Endeavors
http://www.innovationendeavors.com
Venrock
RRE Ventures
5AM Ventures
EQT Ventures
Greycroft Partners
Felicis Ventures
Perennial Partners
MMC Ventures
Telstra Ventures
http://www.telstraventures.com
Atlas Venture
Equity Venture Partners (EVP)
Blackbird Ventures
The Ecosystem Integrity Fund
Ribbit Capital
Skip Capital
FirstMark Capital
Columbia Capital
Brandon Capital Partners
http://www.brandoncapital.com.au
Grok Ventures
Forerunner Ventures
https://forerunnerventures.com
Kaiser Permanente Ventures
Elephant Partners
Wing VC
Blumberg Capital
https://www.blumbergcapital.com
Horizons Ventures
Allectus Capital
https://www.allectuscapital.limited
Square Peg Capital
M. H. Carnegie
Aspect Ventures
OneVentures
http://one-ventures.com.au
Australia
Ridge Ventures
Aleph VC
IQ Capital
Heartcore Capital
Entree Capital
Alta Partners
B Capital Group
Playground Global
Notion Capital
TLV Partners
Artesian Venture Partners
https://www.artesianinvest.com
Element 8 Ventures
First Round Capital
Eight Roads
Insignia Ventures Partners
AirTree Ventures
CSIRO Innovation
StageOne
https://stageonevc.com
Israel
Romulus Capital
Bioscience Managers
https://biosciencemanagers.com
Wavemaker Partners
Guinness Global Investors
NZ Growth Capital Partners
https://www.nzgcp.co.nz
New Zealand
Plus Venture Capital
https://plus.vc
Abu Dhabi
Acumen Ventures
ff Venture Capital
http://ffvc.com
New York
King River Capital
Movac NZ
Origin Ventures
Prisma Investment
Walden Venture Capital
Bloomberg Beta
https://github.com/Bloomberg-Beta/Manual
LocalGlobe
Resource Capital Funds
https://resourcecapitalfunds.com
Colorado
East Ventures
Brinc
Qualgro VC
Lerer Hippeau
Reinventure Group
Talu Ventures
Southern Cross Venture Partners
http://www.sxvp.com
Australia
Snowball Effect
https://www.snowballeffect.co.nz
NextView Ventures
Belay Capital
http://www.belaycapital.com.au
Australia
Recruit Strategic Partners
http://recruitstrategicpartners.com
Bailador
http://bailador.com.au
Australia
5square Committed Capital
Carthona Capital
http://www.carthonacapital.com
Addventure Fund
Bryant Stibel
http://www.bryantstibel.com
California
Alchemy Ventures
http://www.alchemyventures.com.au
Crane Venture Partners
Campus Founders Fund
https://www.campusfounders.com
Austech Founders Fund
https://www.austechvc.com
Australia
Cadmon
Tarnagulla Ventures
https://www.tarnagullaventures.com
Australia
Kadima Group
https://www.kadimagroup.com.au
Australia
Cadmon
Atech Capital
Brooklyn Bridge Ventures
Kickstart Fund
Crowdfunding
Besides the top venture capital firms listed above, crowdfunding is a newer type of funding that has become popular in recent years. This type of funding allows businesses to raise money from a large number of people, typically through an online platform. Each person might donate $10 to $50, but you’ll get a lot of people donating. The advantage of crowdfunding is that it can be a great way to raise funds from a large number of people. However, the downside is that businesses may need to offer rewards or equity stakes in order to attract backers.
To be successful with crowdfunding:
- Begin with a small but enthusiastic group (friends most likely) that are willing to tell others about you and urge their own friends to check you out.
- Have a legitimate business plan along with a video presentation showing what you plan on doing with the money.
- Show how you got this far, and that you have the skill set to take the business to the next level.
- Offer different rewards for different levels of investment
- Above everything else… when people start investing, make sure you keep up with communication and give routine updates on the status of the business. This is critical since most investors have never met you, and want some verification that you’re legit.
Below is a start to some of the Best Crowdfunding Sites
Fundable
“Now anyone can fund your business.”
Kickstarter
Kickstarter campaigns make ideas into reality. It’s where creators share new visions for creative work with the communities that will come together to fund them.
iFundWomen
For women who have big ideas, we’re here to help make them happen.
GoFundMe
GoFundMe is a trusted leader in online fundraising. With no fee to start a fundraiser and a team of safety experts behind you, you can raise money or make a donation with peace of mind.
Conclusion
Choosing the right type of funding for your startup business is an important decision. There are a variety of options available, and each has its own advantages and disadvantages. Be sure to do your research and choose the option that is best for your business.