# Family offices at early stage (2026 list)

> 112 family offices at early stage, 75% 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-at-early-stage (Millionrounds; every figure on the page links to its filing or article)

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

# Family offices at early stage

Updated 7 November 2026

Family offices we have watched take part in an early stage round in the last two years.

[See all 112 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Ffamily-offices-at-early-stage)The top 25

**112** investors on the list *+5* this week

**310** cheques in 12 months *+22%* against the market

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

**75%** wrote a cheque in 12 months

**32%** 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 [Declaration Partners](https://millionrounds.com/fund/declaration-partners) *Deploying now* Family office · United States **90** **$25M** median round **Oct 2026** last seen
- 6 [Winklevoss Capital](https://millionrounds.com/fund/winklevoss-capital) *Deploying now* Family office · United States **86** **$14M** median round **May 2026** last seen
- 7 [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) *Deploying now* Family office · United States **78** **$100M** median round **Oct 2026** last seen
- 8 [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) *Deploying now* Family office · United States **70** **$303M** median round **Oct 2026** last seen
- 9 [Outrun Ventures](https://millionrounds.com/fund/outrun-ventures) *Deploying now* Family office · United Kingdom **67** **$2.9M** median round **Apr 2026** last seen
- 10 [Elkstone Capital Partners](https://millionrounds.com/fund/elkstone-capital-partners) *Deploying now* Family office · Ireland **57** **$4M** median round **Sept 2026** last seen
- 11 [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) *Deploying now* Family office · United States **56** **$158M** median round **Oct 2026** last seen
- 12 [QVentures](https://millionrounds.com/fund/qventures) *Deploying now* Family office · United Kingdom **50** **$1.1M** median round **Mar 2026** last seen
- 13 [Bienville Capital](https://millionrounds.com/fund/bienville) *Deploying now* Family office · United States **49** **$5.8M** median round **Aug 2026** last seen
- 14 [Evolem](https://millionrounds.com/fund/evolem) *Deploying now* Family office · France **49** **$4.3M** median round **Sept 2026** last seen
- 15 [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) *Deploying now* Family office · United States **48** **$110M** median round **Nov 2026** last seen
- 16 [Motier Ventures](https://millionrounds.com/fund/motier-ventures) *Deploying now* Family office · France **48** **$5.2M** median round **Oct 2026** last seen
- 17 [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
- 18 [Ruttenberg Gordon Investments](https://millionrounds.com/fund/ruttenberg-gordon-investments) *Deploying now* Family office · United States **34** **$6M** median round **Mar 2026** last seen
- 19 [Trajectory Capital](https://millionrounds.com/fund/trajectory-capital-partners) *Deploying now* Family office · United States **34** **$27M** median round **Jul 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 [Titan Capital](https://millionrounds.com/fund/titan-capital) *Deploying now* Family office · India **19** **$970K** median round **Jun 2026** last seen
- 23 [Euclidean Capital](https://millionrounds.com/fund/euclidean-capital) *Deploying now* Family office · United States **11** **$65M** median round **Oct 2026** last seen
- 24 [Kibo Invest](https://millionrounds.com/fund/kibo-invest) *Deploying now* Family office · Singapore **11** **$13M** median round **Oct 2026** last seen
- 25 [Era](https://millionrounds.com/fund/era) *Deploying now* Family office · United States **10** **$17M** median round **May 2026** last seen

**87 more on this list**

All 112 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-at-early-stage)

## 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 **[ArrayPatch](https://millionrounds.com/company/arraypatch)** Seed · $1.8M *Led by* [Lakeside Capital](https://millionrounds.com/fund/lakeside-capital)
- **5** Nov **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Lightfield Equity](https://millionrounds.com/fund/lightfield-equity)
- **5** Nov **[Uranium Digital](https://millionrounds.com/company/uranium-digital)** Series A · $17M *With* [Apeiron Investment](https://millionrounds.com/fund/apeiron-investment-group)
- **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)

## Stages This Year

298 rounds

- Series A **23%**
- Seed **17%**
- Venture **12%**
- Series B **8%**
- Series C **8%**
- Other **32%**

## What They Backed

Sectors, last 12 months

- AI **122**
- Fintech **30**
- Healthcare **29**
- Biotech **25**
- Big Data & Analytics **19**
- Robotics **18**

## Cheques by Quarter

Led Joined

65 Q1 25

58 Q2 25

67 Q3 25

88 Q4 25

78 Q1 26

83 Q2 26

74 Q3 26

39 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms at early stage 6,133](https://millionrounds.com/lists/vc-firms-at-early-stage)
- [VC firms at seed 3,708](https://millionrounds.com/lists/vc-firms-at-seed)
- [VC firms at Series A 3,249](https://millionrounds.com/lists/vc-firms-at-series-a)
- [VC firms at pre-seed 1,689](https://millionrounds.com/lists/vc-firms-at-pre-seed)
- [VC firms at Series B 1,595](https://millionrounds.com/lists/vc-firms-at-series-b)
- [VC firms at growth 1,005](https://millionrounds.com/lists/vc-firms-at-growth)
- [VC firms at Series C 958](https://millionrounds.com/lists/vc-firms-at-series-c)
- [PE firms at growth 772](https://millionrounds.com/lists/pe-firms-at-growth)
- [PE firms at Series B 700](https://millionrounds.com/lists/pe-firms-at-series-b)

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

## Reading for founders at seed

- The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible
- Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible
- Selling the Invisible: A Field Guide to Modern Marketing Harry Beckwith · 1997 3.94 from 10,059 ratings on Goodreads Marketing and growth First sales Company building About the book You can't touch, hear, or see your company's most important products... So how do you sell, develop, make them grow? That's the problem with services. This "phenomenal" book, as one reviewer called it, answers that question with insights on how markets work and how prospects… On AmazonListen on Audible
- 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Perry Marshall · 2013 4.19 from 1,904 ratings on Goodreads First sales Marketing and growth Company building About the book Stop "Just Getting By"... Master The 80/20 Principle And Make More Money Without More Work. When you know how to walk into any situation and see the 80/20's, you can solve almost ANY marketing problem. 80/20 can demolish any sales and advertising problem. "If you don't know… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about family offices at early stage

### Who are the most active family offices at early stage?

By cheques observed, the most active are Hill House Capital, Thrive Capital, Real Ventures, Vulcan Capital and Declaration Partners.

### How many family offices at early stage are there?

112 are on record. 75% made an investment in the last 12 months and 32% have led a round.

### Which stages do family offices at early stage back?

Of the rounds with a named stage in the last 12 months, mostly Series A (30%) and Seed (22%).

### How big are the rounds family offices at early stage join?

The typical (median) round among the leading investors here is $13M.

### Which sectors do family offices at early stage back most?

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

### Which family offices at early stage lead the most rounds?

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

### Where are family offices at early stage based?

Among the most active, most are based in the United States (15), Singapore (2) and the United Kingdom (2).

### What have family offices at early stage invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Capricorn Investment), ArrayPatch (Seed, Nov 2026, with Lakeside Capital) and Potential Sciences (Seed, Nov 2026, with Lightfield Equity).

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