# Edtech lead investors (2026 list)

> 78 edtech lead investors, 94% active in the last 12 months. Led by Y Combinator, Andreessen Horowitz, General Catalyst. Ranked by what they funded.

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

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

# Edtech lead investors

Updated 7 November 2026

Firms we have watched lead a round raised by an edtech company in the last two years. Leading is rarer than taking part, and it is the role a founder most needs filled.

[See all 78 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fedtech-lead-investors)The top 25

**78** investors on the list *+2* this week

**2,399** cheques in 12 months *-2%* against the market

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

**94%** wrote a cheque in 12 months

**100%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 3 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 4 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 5 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 6 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 7 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) *Deploying now* VC firm · United States **526** **$4.1M** median round **Sept 2026** last seen
- 8 [Matrix Partners](https://millionrounds.com/fund/matrix-partners) *Deploying now* VC firm · United States **396** **$19M** median round **Aug 2026** last seen
- 9 [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) *Deploying now* VC firm · United States **225** **$20M** median round **Oct 2026** last seen
- 10 [Reach](https://millionrounds.com/fund/reach) *Deploying now* VC firm · Canada **217** **$5M** median round **Sept 2026** last seen
- 11 [TPG](https://millionrounds.com/fund/tpg) *Deploying now* Private equity · United States **205** **$91M** median round **Nov 2026** last seen
- 12 [Inflection Point Ventures](https://millionrounds.com/fund/inflection-point-ventures) *Deploying now* VC firm · United States **181** **$1M** median round **Oct 2026** last seen
- 13 [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) *Deploying now* VC firm · United States **177** **$7M** median round **Oct 2026** last seen
- 14 [White Star Capital](https://millionrounds.com/fund/white-star-capital) *Deploying now* VC firm · United States **142** **$12M** median round **Sept 2026** last seen
- 15 [Valor Capital Group](https://millionrounds.com/fund/valor-capital) *Deploying now* VC firm · United States **130** **$14M** median round **Nov 2026** last seen
- 16 [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) *Deploying now* VC firm · Canada **128** **$10M** median round **Oct 2026** last seen
- 17 [Matrix](https://millionrounds.com/fund/matrix) *Deploying now* Hedge fund · United Arab Emirates **104** **$31M** median round **Nov 2026** last seen
- 18 [HTGF High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds-htgf) *Deploying now* VC firm · Germany **94** **$7M** median round **Nov 2026** last seen
- 19 [High Alpha](https://millionrounds.com/fund/high-alpha) *Deploying now* VC firm · United States **84** **$6M** median round **Aug 2026** last seen
- 20 [Concept Ventures](https://millionrounds.com/fund/concept-ventures) *Deploying now* VC firm · United Kingdom **79** **$3.1M** median round **Nov 2026** last seen
- 21 [DMZ](https://millionrounds.com/fund/dmz-ventures) *Deploying now* Accelerator · Canada **73** **$1M** median round **Nov 2026** last seen
- 22 [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) *Deploying now* VC firm · Netherlands **72** **$18M** median round **Oct 2026** last seen
- 23 [Shine Capital](https://millionrounds.com/fund/shine-capital) *Deploying now* VC firm · United States **65** **$14M** median round **Sept 2026** last seen
- 24 [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft) *Deploying now* VC firm · United States **53** **$44M** median round **Oct 2026** last seen
- 25 [Griffin Gaming Partners](https://millionrounds.com/fund/griffin-gaming-partners) *Deploying now* VC firm · United States **52** **$10M** median round **Oct 2026** last seen

**53 more on this list**

All 78 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%2Fedtech-lead-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[Arka Fincap](https://millionrounds.com/company/arka-fincap)** Other *Led by* [TPG](https://millionrounds.com/fund/tpg)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Mindmax](https://millionrounds.com/company/mindmax)** Seed · $3.3M *Led by* [Concept Ventures](https://millionrounds.com/fund/concept-ventures)
- **4** Nov **[Biograil](https://millionrounds.com/company/biograil)** Other · $23M *With* [HTGF High-Tech Gründerfonds](https://millionrounds.com/fund/high-tech-grunderfonds-htgf)
- **4** Nov **[Rivio](https://millionrounds.com/company/rivio)** Series A *Led by* [Valor Capital Group](https://millionrounds.com/fund/valor-capital)
- **4** Nov **Sentra** Series C · $150M *With* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)

## Stages This Year

2,078 rounds

- Venture **19%**
- Seed **18%**
- Series A **16%**
- Pre-seed **14%**
- Series B **9%**
- Other **24%**

## What They Backed

Sectors, last 12 months

- AI **1,113**
- Fintech **167**
- Big Data & Analytics **119**
- Healthcare **113**
- Financial Services **82**
- Construction **75**

## Cheques by Quarter

Led Joined

592 Q1 25

622 Q2 25

739 Q3 25

749 Q4 25

714 Q1 26

648 Q2 26

522 Q3 26

186 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors)
- [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states)
- [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors)
- [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors)
- [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors)
- [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors)
- [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors)
- [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors)
- [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors)

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

## Quick answers about edtech lead investors

### Who are the most active edtech lead investors?

By cheques observed, the most active are Y Combinator, Andreessen Horowitz, General Catalyst, Accel and Khosla Ventures.

### How many edtech lead investors are there?

78 are on record. 94% made an investment in the last 12 months and 100% have led a round.

### Which stages do edtech lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (24%) and Series A (22%).

### How big are the rounds edtech lead investors join?

The typical (median) round among the leading investors here is $14M.

### Which sectors do edtech lead investors back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which edtech lead investors lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are edtech lead investors based?

Among the most active, most are based in the United States (18), Canada (3) and the United Arab Emirates (1).

### What have edtech lead investors invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), Thinking Machines Lab (Other, Nov 2026, with Accel) and Mindmax (Seed, Nov 2026, with Concept Ventures).

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