# Enterprise Software lead investors (2026 list)

> 245 enterprise Software lead investors, 95% active in the last 12 months. Led by Sequoia Capital, Andreessen Horowitz, New Enterprise Associates.

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

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

# Enterprise Software lead investors

Updated 7 November 2026

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

[See all 245 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenterprise-software-lead-investors)The top 25

**245** investors on the list *+11* this week

**4,464** cheques in 12 months *+10%* against the market

**$23M** median round they joined *+182%* against the market median

**95%** 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 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 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 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen
- 4 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 5 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 6 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 7 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 8 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 9 [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
- 10 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 11 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 12 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 13 [Redpoint](https://millionrounds.com/fund/redpoint) *Deploying now* VC firm · United States **742** **$32M** median round **Nov 2026** last seen
- 14 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen
- 15 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) *Deploying now* VC firm · United States **705** **$25M** median round **Oct 2026** last seen
- 16 [Bossa Invest](https://millionrounds.com/fund/bossa-invest) *Deploying now* VC firm · Brazil **657** **$6.7M** median round **Oct 2026** last seen
- 17 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 18 [Felicis](https://millionrounds.com/fund/felicis-ventures) *Deploying now* VC firm · United States **640** **$20M** median round **Nov 2026** last seen
- 19 [CRV](https://millionrounds.com/fund/crv) *Deploying now* VC firm · United States **588** **$20M** median round **Oct 2026** last seen
- 20 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **587** **$30M** median round **Oct 2026** last seen
- 21 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 22 [Mayfield Fund](https://millionrounds.com/fund/mayfield) *Deploying now* VC firm · United States **509** **$23M** median round **Oct 2026** last seen
- 23 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen
- 24 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 25 [Madrona Venture Group](https://millionrounds.com/fund/madrona) *Deploying now* VC firm · United States **435** **$14M** median round **Nov 2026** last seen

**220 more on this list**

All 245 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%2Fenterprise-software-lead-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **6** Nov **[Future Secure AI](https://millionrounds.com/company/future-secure-ai)** Other · $80M *Led by* [Square Peg](https://millionrounds.com/fund/square-peg-2)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *Led by* [Boka Capital](https://millionrounds.com/fund/boka-capital)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Indrus](https://millionrounds.com/company/indrus)** Pre-seed · $525K *Led by* [Purpose Ventures](https://millionrounds.com/fund/purpose-ventures-2)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [F-Prime Capital](https://millionrounds.com/fund/f-prime)

## Stages This Year

2,816 rounds

- Series A **21%**
- Seed **17%**
- Venture **14%**
- Series B **12%**
- Series C **7%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **1,481**
- Fintech **241**
- Enterprise Software **193**
- Big Data & Analytics **174**
- Biotech **164**
- Cybersecurity **163**

## Cheques by Quarter

Led Joined

940 Q1 25

1,099 Q2 25

1,158 Q3 25

1,259 Q4 25

1,342 Q1 26

1,127 Q2 26

1,066 Q3 26

439 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 enterprise Software lead investors

### Who are the most active enterprise Software lead investors?

By cheques observed, the most active are Sequoia Capital, Andreessen Horowitz, New Enterprise Associates, General Catalyst and Accel.

### How many enterprise Software lead investors are there?

245 are on record. 95% made an investment in the last 12 months and 100% have led a round.

### Which stages do enterprise Software lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (27%) and Seed (23%).

### How big are the rounds enterprise Software lead investors join?

The typical (median) round among the leading investors here is $27M.

### Which sectors do enterprise Software lead investors back most?

In the last 12 months, mostly AI, Fintech and Enterprise Software.

### Which enterprise Software lead investors lead the most rounds?

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

### Where are enterprise Software lead investors based?

Most of the leading investors here are based in the United States (21 of the top 25); the rest in the United Kingdom and Brazil.

### What have enterprise Software lead investors invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Future Secure AI (Other, Nov 2026, with Square Peg) and Ocient (Series C, Nov 2026, with Boka Capital).

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