# Funds that appear to have stopped (2026 list)

> 458 funds that appear to have stopped. Led by CIT GAP Funds, Bay Partners, ONSET Ventures. Ranked by what they funded.

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

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

# Funds that appear to have stopped

Updated 7 November 2026

A firm reaches this list only with four or more observed cheques, eighteen months of silence, and a website that is dead or parked. Two of the three is not enough, because our sources miss unannounced rounds.

[See all 458 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fdormant)The top 25

**458** investors on the list No change this week

**0** cheques in 12 months Too few cheques to tell

**$8.9M** median round they joined *+11%* against the market median

**0%** wrote a cheque in 12 months

**5%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

- 1 [CIT GAP Funds](https://millionrounds.com/fund/cit-gap-funds) dormant VC firm · United States **142** **$7M** median round **Apr 2019** last seen
- 2 [Bay Partners](https://millionrounds.com/fund/bay-partners) dormant VC firm · United States **137** **$26M** median round **Oct 2021** last seen
- 3 [ONSET Ventures](https://millionrounds.com/fund/onset-ventures) dormant VC firm · United States **94** **$11M** median round **Nov 2015** last seen
- 4 [Signatures Capital](https://millionrounds.com/fund/signatures-capital) dormant VC firm · United States **93** **$45M** median round **Oct 2017** last seen
- 5 [Village Ventures](https://millionrounds.com/fund/village-ventures) dormant VC firm · United States **90** **$5M** median round **Feb 2015** last seen
- 6 [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) dormant VC firm · United States **87** **$8M** median round **Oct 2019** last seen
- 7 [El Dorado Ventures](https://millionrounds.com/fund/el-dorado-ventures) dormant VC firm · United States **84** **$12M** median round **Jun 2015** last seen
- 8 [Maryland Venture Fund](https://millionrounds.com/fund/maryland-venture-fund) dormant VC firm · United States **78** **$18M** median round **May 2019** last seen
- 9 [Mission Ventures](https://millionrounds.com/fund/mission-ventures) dormant VC firm · United States **78** **$8.1M** median round **Sept 2015** last seen
- 10 [Pequot Capital](https://millionrounds.com/fund/pequot-capital) dormant Growth equity · United States **77** **$16M** median round **Nov 2009** last seen
- 11 [Three Arch Partners](https://millionrounds.com/fund/three-arch-partners) dormant Growth equity · United States **75** **$20M** median round **Apr 2015** last seen
- 12 [Star Ventures](https://millionrounds.com/fund/star-ventures) dormant Growth equity · Switzerland **74** **$15M** median round **May 2012** last seen
- 13 [Caixa Capital Risc](https://millionrounds.com/fund/caixa-capital-risc) dormant VC firm · Spain **70** **$2.2M** median round **Jun 2022** last seen
- 14 [HealthCare Ventures](https://millionrounds.com/fund/healthcare-ventures-llc) dormant Growth equity · United States **70** **$21M** median round **Sept 2015** last seen
- 15 [Advent Venture Partners](https://millionrounds.com/fund/advent-venture-partners) dormant VC firm · United Kingdom **66** **$165M** median round **Jun 2019** last seen
- 16 [MESA+](https://millionrounds.com/fund/mesa) dormant VC firm · United States **65** **$1.9M** median round **Nov 2015** last seen
- 17 [Softbank Korea](https://millionrounds.com/fund/softbank-korea) dormant VC firm · South Korea **62** **$18M** median round **Dec 2019** last seen
- 18 [TL Ventures](https://millionrounds.com/fund/tl-ventures) dormant VC firm · United States **62** **$12M** median round **Oct 2013** last seen
- 19 [Flagship Ventures](https://millionrounds.com/fund/flagship-ventures) dormant Accelerator **58** **$20M** median round **Feb 2016** last seen
- 20 [Greenspring Associates](https://millionrounds.com/fund/greenspring-associates) dormant Private equity · United States **56** **$52M** median round **Dec 2019** last seen
- 21 [Healthbox](https://millionrounds.com/fund/healthbox) dormant Accelerator · United States **54** **$5.7M** median round **Jan 2018** last seen
- 22 [Prism Venture Partners](https://millionrounds.com/fund/prism-venture-partners) dormant VC firm · United States **53** **$8.1M** median round **Mar 2013** last seen
- 23 [Double M Partners](https://millionrounds.com/fund/double-m-partners) dormant VC firm · United States **53** **$2M** median round **Nov 2015** last seen
- 24 [Focus Ventures](https://millionrounds.com/fund/focus-ventures) dormant VC firm · United States **48** **$16M** median round **Oct 2013** last seen
- 25 [Eden Ventures](https://millionrounds.com/fund/eden-ventures) dormant VC firm · United Kingdom **47** **$5.7M** median round **Sept 2013** last seen

**433 more on this list**

All 458 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fdormant)

## The Newest Cheques

Rounds this list's investors joined most recently

- **1** Mar **[Aloxy](https://millionrounds.com/company/aloxy)** Venture · $8.1M *With* [Dow Venture Capital](https://millionrounds.com/fund/dow-venture-capital-2)
- **27** Feb **[Archipelo](https://millionrounds.com/company/archipelo)** Seed · $8M *With* [Nima Capital](https://millionrounds.com/fund/nima-capital)
- **25** Feb **[JessCo Solutions](https://millionrounds.com/company/jessco-solutions)** Growth *With* [Bluff Point Associates](https://millionrounds.com/fund/bluff-point-associates)
- **6** Feb **[Superlogic](https://millionrounds.com/company/superlogic)** $14M *With* [Nima Capital](https://millionrounds.com/fund/nima-capital)
- **1** Jan **[Open Payments](https://millionrounds.com/company/open-payments)** Venture · $3.1M *Led by* [Alfvén & Didrikson](https://millionrounds.com/fund/alfven-and-didrikson)
- **3** Dec **[Reefilla](https://millionrounds.com/company/reefilla)** Seed · $4.8M *With* [H. Capital](https://millionrounds.com/fund/hcapital)

## Cheques by Quarter

Led Joined

5 Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors that just raised a fund 10,562](https://millionrounds.com/lists/raised-recently)
- [Investors deploying right now 9,425](https://millionrounds.com/lists/deploying-now)
- [Investors that accept cold approaches 8,040](https://millionrounds.com/lists/accepts-cold-approaches)
- [Investors active in the last 90 days 5,485](https://millionrounds.com/lists/active-last-90-days)
- [Investors new to the market 4,994](https://millionrounds.com/lists/new-to-the-market)
- [Investors that lead rounds 4,805](https://millionrounds.com/lists/lead-investors)
- [Investors that often back a round alone 3,454](https://millionrounds.com/lists/invest-alone)
- [Investors that back companies abroad 1,450](https://millionrounds.com/lists/cross-border-investors)
- [Investors that follow on 727](https://millionrounds.com/lists/follow-on-investors)

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

## Quick answers about funds that appear to have stopped

### Who are the most active funds that appear to have stopped?

By cheques observed, the most active are CIT GAP Funds, Bay Partners, ONSET Ventures, Signatures Capital and Village Ventures.

### How many funds that appear to have stopped are there?

458 are on record. 0% made an investment in the last 12 months and 5% have led a round.

### How big are the rounds funds that appear to have stopped join?

The typical (median) round among the leading investors here is $12M.

### Which funds that appear to have stopped lead the most rounds?

Greenspring Associates (3 led), Caixa Capital Risc (2 led) and Softbank Korea (2 led).

### Where are funds that appear to have stopped based?

Among the most active, most are based in the United States (19), the United Kingdom (2) and Switzerland (1).

### What have funds that appear to have stopped invested in recently?

Recent rounds include Aloxy (Venture, Mar 2025, with Dow Venture Capital), Archipelo (Seed, Feb 2025, with Nima Capital) and JessCo Solutions (Growth, Feb 2025, with Bluff Point Associates).

### How is this list of funds that appear to have stopped ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

### Can I see all 458 funds that appear to have stopped?

The top 25 are here. All 458 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000.

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