Investor Lists

First-time funds

Updated 7 November 2026

Firms we can see only one registered fund vehicle for. A first fund is a different proposition from a tenth: smaller, hungrier, and usually quicker to decide.

See all 86 →The top 25
86investors on the listNo change this week
1,669cheques in 12 months-16% against the market
$14Mmedian round they joined+75% against the market median
81%wrote a cheque in 12 months
52%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (24)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2Plug and PlayDeploying nowAccelerator · United States1,561$5Mmedian roundNov 2026last seen
  3. 3Peak XVDeploying nowVC firm · United States317$15Mmedian roundNov 2026last seen
  4. 4Abstract VenturesDeploying nowVC firm · United States295$13Mmedian roundNov 2026last seen
  5. 5Matrix Partners ChinaDeploying nowVC firm · United States295$16Mmedian roundNov 2026last seen
  6. 6Alchemist AcceleratorDeploying nowAccelerator · United States284$2.3Mmedian roundSept 2026last seen
  7. 7AnthemisDeploying nowVC firm · United Kingdom197$7.3Mmedian roundOct 2026last seen
  8. 8CICCDeploying nowInvestment bank · China190$30Mmedian roundOct 2026last seen
  9. 9ANRIDeploying nowVC firm · Japan189$4.2Mmedian roundNov 2026last seen
  10. 10Gener8torDeploying nowVC firm · United States184$792Kmedian roundAug 2026last seen
  11. 11Titan CapitalDeploying nowVC firm · Singapore173$3.6Mmedian roundOct 2026last seen
  12. 12TenityDeploying nowAccelerator · Switzerland139$1.3Mmedian roundSept 2026last seen
  13. 13RockstartDeploying nowAccelerator · Netherlands131$1.2Mmedian roundSept 2026last seen
  14. 14Leo CapitalDeploying nowVC firm · United States130$4.7Mmedian roundOct 2026last seen
  15. 15Delphi VenturesquietVC firm · United States125$5Mmedian roundOct 2025last seen
  16. 16EIT InnoEnergyDeploying nowVC firm · Netherlands115$3.8Mmedian roundJul 2026last seen
  17. 17StartEngineDeploying nowAngel network · United States97$448Kmedian roundSept 2026last seen
  18. 18Hercules CapitalDeploying nowVenture debt · United States92$91Mmedian roundOct 2026last seen
  19. 199UnicornsDeploying nowVC firm · India91$4.4Mmedian roundOct 2026last seen
  20. 20Fika VenturesDeploying nowVC firm · United States80$9.5Mmedian roundOct 2026last seen
  21. 21DeVCDeploying nowVC firm · India70$2Mmedian roundNov 2026last seen
  22. 22Hoxton VenturesDeploying nowAngel network · India70$10Mmedian roundOct 2026last seen
  23. 23KinnevikDeploying nowVC firm · Sweden54$99Mmedian roundSept 2026last seen
  24. 24PeakSpan CapitalDeploying nowVC firm · United States52$25Mmedian roundOct 2026last seen
  25. 25StripesDeploying nowPrivate equity · United States51$92Mmedian roundOct 2026last seen
61 more on this list

All 86 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 →

Quick answers about first-time funds

Who are the most active first-time funds?

By cheques observed, the most active are Y Combinator, Plug and Play, Peak XV, Abstract Ventures and Matrix Partners China.

How many first-time funds are there?

86 are on record. 81% made an investment in the last 12 months and 52% have led a round.

Which stages do first-time funds back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Pre-seed (26%).

How big are the rounds first-time funds join?

The typical (median) round among the leading investors here is $5M.

Which sectors do first-time funds back most?

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

Which first-time funds lead the most rounds?

Y Combinator (11 led), PeakSpan Capital (11 led) and Peak XV (9 led).

Where are first-time funds based?

Among the most active, most are based in the United States (14), India (3) and the Netherlands (2).

What have first-time funds invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Ridgeline), firmly (Series A, Nov 2026, with • Ark Invest) and Sand.ai (Series A, Nov 2026, with Matrix Partners China).

Built from the rounds we watched, refreshed every night. How we count · Report a correction