# Family offices backing AI (2026 list)

> 105 family offices backing AI, 80% active in the last 12 months. Led by Hill House Capital, Thrive Capital, Real Ventures. Ranked by what they funded.

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

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

# Family offices backing AI

Updated 7 November 2026

Family offices we have observed in an AI round in the last two years.

[See all 105 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Ffamily-offices-ai)The top 25

**105** investors on the list *+4* this week

**307** cheques in 12 months *+31%* against the market

**$18M** median round they joined *+125%* against the market median

**80%** wrote a cheque in 12 months

**30%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) *Deploying now* Family office · Singapore **248** **$60M** median round **Sept 2026** last seen
- 2 [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) *Deploying now* Family office **240** **$50M** median round **Oct 2026** last seen
- 3 [Real Ventures](https://millionrounds.com/fund/real-ventures-2) *Deploying now* Family office · Brazil **210** **$5M** median round **Oct 2026** last seen
- 4 [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) *Deploying now* Family office · United States **118** **$7M** median round **Jul 2026** last seen
- 5 [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) *Deploying now* Family office · United States **99** **$41M** median round **Aug 2026** last seen
- 6 [Declaration Partners](https://millionrounds.com/fund/declaration-partners) *Deploying now* Family office · United States **90** **$25M** median round **Oct 2026** last seen
- 7 [Winklevoss Capital](https://millionrounds.com/fund/winklevoss-capital) *Deploying now* Family office · United States **86** **$14M** median round **May 2026** last seen
- 8 [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) *Deploying now* Family office · United States **78** **$100M** median round **Oct 2026** last seen
- 9 [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) *Deploying now* Family office · United States **70** **$303M** median round **Oct 2026** last seen
- 10 [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) *Deploying now* Family office · United Kingdom **67** **$2.9M** median round **Apr 2026** last seen
- 11 [Elkstone Capital Partners](https://millionrounds.com/fund/elkstone-capital-partners) *Deploying now* Family office · Ireland **57** **$4M** median round **Sept 2026** last seen
- 12 [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) *Deploying now* Family office · United States **56** **$158M** median round **Oct 2026** last seen
- 13 [QVentures](https://millionrounds.com/fund/qventures) *Deploying now* Family office · United Kingdom **50** **$1.1M** median round **Mar 2026** last seen
- 14 [Bienville Capital](https://millionrounds.com/fund/bienville) *Deploying now* Family office · United States **49** **$5.8M** median round **Aug 2026** last seen
- 15 [Evolem](https://millionrounds.com/fund/evolem) *Deploying now* Family office · France **49** **$4.3M** median round **Sept 2026** last seen
- 16 [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) *Deploying now* Family office · United States **48** **$110M** median round **Nov 2026** last seen
- 17 [Motier Ventures](https://millionrounds.com/fund/motier-ventures) *Deploying now* Family office · France **48** **$5.2M** median round **Oct 2026** last seen
- 18 [True Capital Management](https://millionrounds.com/fund/true-capital-management) *Deploying now* Family office · United States **35** **$2.5M** median round **May 2026** last seen
- 19 [Ruttenberg Gordon Investments](https://millionrounds.com/fund/ruttenberg-gordon-investments) *Deploying now* Family office · United States **34** **$6M** median round **Mar 2026** last seen
- 20 [Farvatn Venture](https://millionrounds.com/fund/farvatn-venture) *Deploying now* Family office · United States **32** **$2.8M** median round **Jun 2026** last seen
- 21 [Emerson Collective](https://millionrounds.com/fund/emerson-collective) *Deploying now* Family office · United States **27** **$62M** median round **Oct 2026** last seen
- 22 [Sofina](https://millionrounds.com/fund/sofina) *Deploying now* Family office · Belgium **21** **$82M** median round **Sept 2026** last seen
- 23 [Stephens Group](https://millionrounds.com/fund/stephens-group) *Deploying now* Family office · United States **21** **$52M** median round **Jun 2026** last seen
- 24 [The Hillman Company](https://millionrounds.com/fund/the-hillman-company) *Deploying now* Family office · United States **20** **$40M** median round **Feb 2026** last seen
- 25 [Tao Capital Partners](https://millionrounds.com/fund/tao-capital-partners) *Deploying now* Family office · United States **17** **$91M** median round **Apr 2026** last seen

**80 more on this list**

All 105 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%2Ffamily-offices-ai)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group)
- **5** Nov **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Lightfield Equity](https://millionrounds.com/fund/lightfield-equity)
- **4** Nov **[Laza Medical](https://millionrounds.com/company/laza-medical)** Series B · $160M *With* [Unorthodox Ventures](https://millionrounds.com/fund/unorthodox-ventures)
- **2** Nov **[Roleo](https://millionrounds.com/company/roleo)** Seed · $3.3M *With* [Lemonade Stand](https://millionrounds.com/fund/lemonade-stand)
- **30** Oct **[Setara Biosciences](https://millionrounds.com/company/setara-biosciences)** Series A · $90M *With* [Euclidean Capital](https://millionrounds.com/fund/euclidean-capital)
- **30** Oct **[Fractile](https://millionrounds.com/company/fractile)** Series C · $700M *With* [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)

## Stages This Year

294 rounds

- Series A **18%**
- Venture **13%**
- Seed **13%**
- Series B **11%**
- Other **9%**
- Other **37%**

## What They Backed

Sectors, last 12 months

- AI **146**
- Fintech **33**
- Healthcare **28**
- Big Data & Analytics **24**
- Biotech **22**
- Robotics **18**

## Cheques by Quarter

Led Joined

57 Q1 25

55 Q2 25

64 Q3 25

87 Q4 25

84 Q1 26

81 Q2 26

70 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)

## Reading for founders in AI and data

- Genius Makers: The Mavericks Who Brought AI to Google, Facebook, and the World Cade Metz · 2021 4.26 from 3,395 ratings on Goodreads AI and data Company building About the book "This colorful page-turner puts artificial intelligence into a human perspective. Through the lives of Geoff Hinton and other major players, Metz explains this transformative technology and makes the quest thrilling." Walter Isaacson, author of The Code Breaker Recipient of… On AmazonListen on Audible
- Rewired: The McKinsey Guide to Outcompeting in the Age of Digital and AI Eric Lamarre · 2023 3.87 from 490 ratings on Goodreads AI and data Company building About the book In Rewired, the world's most influential management consulting firm, McKinsey & Company, delivers a road-tested, how-to manual their own consultants use to help companies build the capabilities to outcompete in the age of digital and AI. Many companies are stuck with digital… On AmazonListen on Audible
- The Scaling Era: An Oral History of AI, 2019–2025 Dwarkesh Patel · 2025 3.87 from 570 ratings on Goodreads AI and data Company building About the book An inside view of the AI revolution, from the people and companies making it happen.How did we build large language models? How do they think, if they think? What will the world look like if we have billions of AIs that are as smart as humans, or even smarter?In a series of… On AmazonListen on Audible
- Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity Daron Acemoğlu · 2023 3.94 from 2,496 ratings on Goodreads AI and data Company building About the book The bestselling co-author of Why Nations Fail and the bestselling co-author of 13 Bankers deliver a bold reinterpretation of economics and history that will fundamentally change how you see the world A thousand years of history and contemporary evidence make one thing clear.… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=ai).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about family offices backing AI

### Who are the most active family offices backing AI?

By cheques observed, the most active are Hill House Capital, Thrive Capital, Real Ventures, Vulcan Capital and Webb Investment Network.

### How many family offices backing AI are there?

105 are on record. 80% made an investment in the last 12 months and 30% have led a round.

### Which stages do family offices backing AI back?

Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (17%).

### How big are the rounds family offices backing AI join?

The typical (median) round among the leading investors here is $25M.

### Which sectors do family offices backing AI back most?

In the last 12 months, mostly AI, Fintech and Healthcare.

### Which family offices backing AI lead the most rounds?

Thrive Capital (18 led), ICONIQ Capital (16 led) and ICONIQ Capital (8 led).

### Where are family offices backing AI based?

Among the most active, most are based in the United States (16), the United Kingdom (2) and France (2).

### What have family offices backing AI invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Capricorn Investment), Potential Sciences (Seed, Nov 2026, with Lightfield Equity) and Laza Medical (Series B, Nov 2026, with Unorthodox Ventures).

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