# Investment firms: VCs, PE and family offices > 173,435 investment firms, from VCs to family offices, judged by the rounds they joined and led. 8,119 wrote a cheque in the last 12 months. Source: https://millionrounds.com/investment-firms (Millionrounds; every figure on the page links to its filing or article) # Investment firms, judged by the cheques they *actually* wrote [**8,119** deploying right now](https://millionrounds.com/lists/deploying-now) 173,435 VCs, private equity houses, family offices, corporate venture arms, accelerators and funds of funds, without the angels. Each one judged by the rounds it joined and led, the size of cheque it writes, and whether it is still writing them. By type ## Every kind of firm we track 1 **VC firm** **63,551** 5,012 active2 **Investment firm** **48,803** 695 active3 **Private equity** **25,427** 428 active4 **Family office** **6,256** 138 active5 **Corporate VC** **5,451** 409 active6 **Growth equity** **3,738** 835 active7 **Accelerator** **2,940** 151 active8 **Institutional LP** **2,743** 33 active9 **Venture studio** **2,384** 31 active10 **Angel network** **1,971** 138 active ## Who led a round lately live - 26 Oct [Apollo](https://millionrounds.com/fund/apollo-global-management) Debt led in [SpaceX](https://millionrounds.com/company/spacex) **$40B** - [The Export-Import Bank of Korea](https://millionrounds.com/fund/the-export-import-bank-of-korea) Series C led in [Amogy](https://millionrounds.com/company/amogy) **$20M** - [Tin Men Capital](https://millionrounds.com/fund/tin-men-capital) Series A led in [Ailytics](https://millionrounds.com/company/ailytics) **$7.4M** - [AdvantEdge Founders](https://millionrounds.com/fund/advantedge-founders) Seed led in [Paar Autonomy](https://millionrounds.com/company/paar-autonomy) **$1.1M** - [Hornbill Capital](https://millionrounds.com/fund/hornbill-capital) Round led in [Eloelo](https://millionrounds.com/company/eloelo) **Undisclosed** - 25 Oct [Bertha Capital](https://millionrounds.com/fund/bertha-capital) and [Bossa Invest](https://millionrounds.com/fund/bossa-invest) Round co-led in [Freedom](https://millionrounds.com/company/freedom) **Undisclosed** - 24 Oct [Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) Undisclosed round led in [Apex](https://millionrounds.com/company/apex) **$500M** - [Bristol Myers Squibb](https://millionrounds.com/fund/bristol-myers-squibb) Series E led in [Pathos AI](https://millionrounds.com/company/pathos-ai) **$237M** - [S2G Investments](https://millionrounds.com/fund/s2g-investments) Growth led in [Wilde](https://millionrounds.com/company/wilde) **$40M** ## Who is still investing - **8,119** deploying a cheque in the last 12 months - **18,757** quiet cheques before that, none lately - **456** dormant silent and the website gone Of the 27,332 firms we have watched write a cheque. 146,103 more have no cheque on record yet. The last 12 months ## Most active this year Ranked by the cheques we observed them write. [#1 **Y Combinator** Accelerator · United States **1,043** cheques this year, led 10 in all](https://millionrounds.com/fund/y-combinator)[#2 **Alumni Ventures** VC firm · United States **335** cheques this year, led 1 in all](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[#3 **Andreessen Horowitz** VC firm · United States **320** cheques this year, led 110 in all](https://millionrounds.com/fund/andreessen-horowitz) - [4 **General Catalyst** VC firm · United States · led 90 in all **264**](https://millionrounds.com/fund/general-catalyst) - [5 **Techstars** VC firm · United States · led 2 in all **229**](https://millionrounds.com/fund/techstars) - [6 **Sequoia Capital** VC firm · United States · led 88 in all **215**](https://millionrounds.com/fund/sequoia-capital) - [7 **Gaingels** Private equity · United States **195**](https://millionrounds.com/fund/gaingels) - [8 **EIC Accelerator** Government · European Union · led 8 in all **193**](https://millionrounds.com/fund/eic-accelerator) - [9 **Plug and Play** Accelerator · United States · led 2 in all **185**](https://millionrounds.com/fund/plug-and-play) - [10 **Lightspeed Venture Partners** VC firm · United States · led 79 in all **181**](https://millionrounds.com/fund/lightspeed-venture-partners) New funds ## Fresh money A firm that has just raised a fund has money to deploy, whatever the press says. From SEC filings. Filed in 18 months **10,514** firms filed to raise a new fund See them all The largest - [1 **MGX** filed Jul 2026 $49B](https://millionrounds.com/fund/mgx) - [2 **Bridgewater** filed Jul 2026 $27B](https://millionrounds.com/fund/bridgewater) - [3 **Advent International** filed Jul 2026 $26B](https://millionrounds.com/fund/advent-international) - [4 **Thoma Bravo** filed Aug 2026 $24B](https://millionrounds.com/fund/thoma-bravo) - [5 **GTCR** filed Oct 2026 $14B](https://millionrounds.com/fund/gtcr) - [6 **Veritas Capital** filed May 2025 $13B](https://millionrounds.com/fund/veritas-capital) - [7 **Strategic Partners** filed Sept 2026 $9.6B](https://millionrounds.com/fund/strategic-partners) - [8 **Meritage** filed Feb 2026 $9.0B](https://millionrounds.com/fund/meritage) ## The size of cheque they write The middle round each firm joins, for firms seen in two rounds or more. **29%** of firms usually join **$10-30M** rounds, the most common size **9%** 1,328 Under $1M **14%** 2,090 $1-3M **27%** 4,070 $3-10M **29%** 4,392 $10-30M **14%** 2,132 $30-100M **7%** 984 $100M+ ## Where they invest from Firms with a cheque in the last two years, by home country. **47%** of active firms are based in **the United States**, out of 106 countries - **United States** 3,081 - **United Kingdom** 454 - **Germany** 220 - **India** 198 - **Australia** 195 - **Canada** 194 - **France** 188 - **Netherlands** 146 - **Brazil** 140 - **Singapore** 138 - **Japan** 127 - **China** 124 ## Search them by what they did - 01 **Stage** The stages their cheques actually show, from pre-seed to growth. - 02 **Sector** Where their money went, round by round, not their About page. - 03 **Leads rounds** The 4,514 firms we have watched lead. - 04 **Cheque size** From the rounds they join, so you never pitch a $50M fund for $500k. - 05 **Activity** Deploying, quiet or dormant, by the dates of their cheques. - 06 **Fresh fund** Firms that raised in the last 18 months. Try Deploying nowLead seed roundsTake cold approachesFamily offices ## Find the firms writing cheques like yours. Free with an account: your email and a password. Save what you find to your Fundraising CRM. Search firms[Or the people behind them](https://millionrounds.com/people)