# Corporate VCs backing Consumer Apps (2026 list)

> 23 corporate VCs backing Consumer Apps, 100% active in the last 12 months. Led by Wayra, Salesforce Ventures, Coinbase Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/corporate-vcs-app (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Corporate VCs backing Consumer Apps

Updated 7 November 2026

Corporate VCs we have observed in a consumer Apps round in the last two years.

[See all 23 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-app)The top 23

**23** investors on the list *-1* this week

**508** cheques in 12 months *-14%* against the market

**$10M** median round they joined *+25%* against the market median

**100%** wrote a cheque in 12 months

**48%** have led a round

## The Top 23

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen
- 2 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 3 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen
- 4 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 5 [Samsung Next](https://millionrounds.com/fund/samsung-next) *Deploying now* Corporate VC · United States **311** **$15M** median round **Nov 2026** last seen
- 6 [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) *Deploying now* Corporate VC · Japan **200** **$10M** median round **Oct 2026** last seen
- 7 [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) *Deploying now* Corporate VC · Japan **142** **$10M** median round **Sept 2026** last seen
- 8 [Cisco Investments](https://millionrounds.com/fund/cisco-investments) *Deploying now* Corporate VC · United States **128** **$30M** median round **Oct 2026** last seen
- 9 [Alibaba Group](https://millionrounds.com/fund/alibaba-group) *Deploying now* Corporate VC · China **113** **$35M** median round **Sept 2026** last seen
- 10 [SE Ventures](https://millionrounds.com/fund/se-ventures) *Deploying now* Corporate VC · United States **112** **$16M** median round **Oct 2026** last seen
- 11 [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) *Deploying now* Corporate VC · United States **103** **$4.4M** median round **Jul 2026** last seen
- 12 [Hana Ventures](https://millionrounds.com/fund/hana-ventures) *Deploying now* Corporate VC · South Korea **102** **$6.2M** median round **Jul 2026** last seen
- 13 [MasterCard](https://millionrounds.com/fund/mastercard) *Deploying now* Corporate VC · United States **101** **$3.9M** median round **Nov 2026** last seen
- 14 [Nippon Venture Capital](https://millionrounds.com/fund/nippon-venture-capital) *Deploying now* Corporate VC · Japan **95** **$2.9M** median round **Jul 2026** last seen
- 15 [Chiratae Ventures](https://millionrounds.com/fund/chiratae-ventures) *Deploying now* Corporate VC · India **90** **$6.6M** median round **Oct 2026** last seen
- 16 [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) *Deploying now* Corporate VC · United States **80** **$27M** median round **Oct 2026** last seen
- 17 [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) *Deploying now* Corporate VC · United States **77** **$18M** median round **Oct 2026** last seen
- 18 [ICF Capital](https://millionrounds.com/fund/icf-capital) *Deploying now* Corporate VC · Spain **58** **$1.4M** median round **Oct 2026** last seen
- 19 [Saison Capital](https://millionrounds.com/fund/saison) *Deploying now* Corporate VC · Singapore **57** **$5.8M** median round **Oct 2026** last seen
- 20 [ESA](https://millionrounds.com/fund/european-space-agency) *Deploying now* Corporate VC · France **55** **$1.1M** median round **Jul 2026** last seen
- 21 [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) *Deploying now* Corporate VC · United States **46** **$23M** median round **Nov 2026** last seen
- 22 [Motley Fool Ventures](https://millionrounds.com/fund/motley-fool-ventures) *Deploying now* Corporate VC · United States **45** **$9.2M** median round **Sept 2026** last seen
- 23 [Krafton](https://millionrounds.com/fund/krafton) *Deploying now* Corporate VC · South Korea **4** **$34M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [Coinbase Ventures](https://millionrounds.com/fund/coinbase)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Samsung Next](https://millionrounds.com/fund/samsung-next)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- **4** Nov **Sentra** Series C · $150M *With* [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures)
- **29** Oct **[ALLOX](https://millionrounds.com/company/allox)** Seed · $11M *With* [ICF Capital](https://millionrounds.com/fund/icf-capital)
- **29** Oct **[Eyez Entertainment](https://millionrounds.com/company/eyez-entertainment)** Series A · $15M *With* [Krafton](https://millionrounds.com/fund/krafton)

## Stages This Year

489 rounds

- Series A **21%**
- Venture **19%**
- Seed **15%**
- Series B **12%**
- Series C **10%**
- Other **22%**

## What They Backed

Sectors, last 12 months

- AI **203**
- Fintech **60**
- Web3 & Crypto **46**
- Big Data & Analytics **35**
- Aerospace & Space **25**
- Construction **24**

## Cheques by Quarter

Led Joined

150 Q1 25

150 Q2 25

156 Q3 25

180 Q4 25

153 Q1 26

139 Q2 26

120 Q3 26

33 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about corporate VCs backing Consumer Apps

### Who are the most active corporate VCs backing Consumer Apps?

By cheques observed, the most active are Wayra, Salesforce Ventures, Coinbase Ventures, Endeavor Catalyst and Samsung Next.

### How many corporate VCs backing Consumer Apps are there?

23 are on record. 100% made an investment in the last 12 months and 48% have led a round.

### Which stages do corporate VCs backing Consumer Apps back?

Of the rounds with a named stage in the last 12 months, mostly Series A (29%) and Seed (21%).

### How big are the rounds corporate VCs backing Consumer Apps join?

The typical (median) round among the leading investors here is $10M.

### Which sectors do corporate VCs backing Consumer Apps back most?

In the last 12 months, mostly AI, Fintech and Web3 & Crypto.

### Which corporate VCs backing Consumer Apps lead the most rounds?

Salesforce Ventures (12 led), Dell Technologies Capital (12 led) and Coinbase Ventures (3 led).

### Where are corporate VCs backing Consumer Apps based?

Among the most active, most are based in the United States (12), Japan (3) and South Korea (2).

### What have corporate VCs backing Consumer Apps invested in recently?

Recent rounds include Soter Insure (Series B, Nov 2026, with Coinbase Ventures), firmly (Series A, Nov 2026, with Samsung Next) and Zipline (Growth, Nov 2026, with Salesforce Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)