8,714 firms wrote a cheque in the last 12 months · 1,613 also closed a fund in the last 3 years · latest Oct 2026

Who is deploying, and how fast

Every cheque here is one we watched: a round announced in the press or reported to a regulator, found and read every night. Not what a firm says about itself; what it did.

The most active in the last twelve months

FirmTypeChequesPaceLatest
Accelerator1043SteadyOct 2026
VC335SteadyOct 2026
VC320SteadyOct 2026
VC264SteadyOct 2026
VC229SlowingOct 2026
VC215SteadyOct 2026
Private equity195SteadyOct 2026
government193SteadyOct 2026
Accelerator185SteadyOct 2026
VC181SteadyOct 2026
VC164SteadyOct 2026
government164SteadySept 2026
VC161SteadyOct 2026
VC154SteadyOct 2026
VC141SteadyOct 2026
government141SteadyOct 2026
VC138SteadyOct 2026
VC133SteadyOct 2026
VC128SteadyOct 2026
VC127SteadyOct 2026
VC124SteadyOct 2026
Company124AcceleratingOct 2026
Private equity123SteadySept 2026
VC121SteadyOct 2026
Private equity117AcceleratingOct 2026
VC112SteadyOct 2026
VC108SteadyOct 2026
VC101SteadyOct 2026
VC98SteadySept 2026
VC97SteadyOct 2026
VC94SteadyOct 2026
VC93AcceleratingOct 2026
VC92SteadyOct 2026
VC89SteadyOct 2026
Growth equity89SteadyOct 2026
VC88AcceleratingOct 2026
investment_bank88SteadyOct 2026
VC87SteadyOct 2026
VC87SteadyOct 2026
Angel87SteadyOct 2026

A new fund, and cheques going out

Firms that closed a fund in the last three years and have been investing from it since. A fresh fund is the clearest sign of capital still to deploy. These are the firms early in their spending, not late.

How pace is judged

Comparing a firm's last twelve months with the twelve before is misleading on its own, because we see more of the market than we did: across every firm, we observed -1% more cheques in the recent year than the year before. Part of that is the market and part is us: we read more sources, and name more of the investors in each round.

So pace here is relative. A firm is accelerating when it grew faster than the market as we see it (by half again, and by at least two cheques) and slowing by the mirror of that. A firm with fewer than four cheques in two years is marked too few to tell, rather than given a direction it has not earned.

A fund date comes from the firm's own regulatory filing where it has made one. Most firms outside the United States have not, so a blank there means we have not seen a filing, not that there has been no fund.

Filter every active firm

All 8,714 firms, by type, country, pace and how recently they closed a fund. 598 are growing faster than the market as we see it.

Open the deployment listOr read the rounds themselvesFree. An account is your email and a password.