Investor Lists

Govtech investors

Updated 7 November 2026

Firms observed backing a govtech company in the last two years, taken from what they funded rather than from what their website says they like.

157investors on the list+5 this week
6,025cheques in 12 months-9% against the market
$13Mmedian round they joined+56% against the market median
99%wrote a cheque in 12 months
70%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2TechstarsDeploying nowVC firm · United States2,989$1.2Mmedian roundNov 2026last seen
  3. 3Andreessen HorowitzDeploying nowVC firm · United States1,661$27Mmedian roundNov 2026last seen
  4. 4New Enterprise AssociatesDeploying nowVC firm · United States1,610$34Mmedian roundOct 2026last seen
  5. 5Alumni VenturesDeploying nowVC firm · United States1,598$12Mmedian roundNov 2026last seen
  6. 6Plug and PlayDeploying nowAccelerator · United States1,561$5Mmedian roundNov 2026last seen
  7. 7General CatalystDeploying nowVC firm · United States1,387$27Mmedian roundNov 2026last seen
  8. 8SV AngelDeploying nowVC firm · United States1,349$18Mmedian roundOct 2026last seen
  9. 9Founders FundDeploying nowVC firm · United States1,122$15Mmedian roundOct 2026last seen
  10. 10Bessemer Venture PartnersDeploying nowVC firm · United States1,038$30Mmedian roundNov 2026last seen
  11. 11Index VenturesDeploying nowVC firm · United Kingdom1,027$31Mmedian roundNov 2026last seen
  12. 12GaingelsDeploying nowPrivate equity · United States1,010$8Mmedian roundOct 2026last seen
  13. 13FJ LabsDeploying nowVC firm · United States849$11Mmedian roundOct 2026last seen
  14. 14First Round CapitalDeploying nowVC firm · United States807$18Mmedian roundOct 2026last seen
  15. 15BoxGroupDeploying nowVC firm · United States773$18Mmedian roundNov 2026last seen
  16. 16Insight PartnersDeploying nowVC firm · United States765$40Mmedian roundOct 2026last seen
  17. 17Menlo VenturesDeploying nowVC firm · United States740$37Mmedian roundOct 2026last seen
  18. 18AntlerDeploying nowVC firm · United Kingdom729$1Mmedian roundNov 2026last seen
  19. 19FelicisDeploying nowVC firm · United States640$20Mmedian roundNov 2026last seen
  20. 20Liquid 2 VenturesDeploying nowVC firm · United States636$7Mmedian roundOct 2026last seen
  21. 21CRVDeploying nowVC firm · United States588$20Mmedian roundOct 2026last seen
  22. 22BenchmarkDeploying nowVC firm · United States587$30Mmedian roundOct 2026last seen
  23. 23CitibankDeploying nowGrowth equity · United States566$20Mmedian roundOct 2026last seen
  24. 24Bain Capital VenturesDeploying nowVC firm · United States524$27Mmedian roundNov 2026last seen
  25. 25B CapitalDeploying nowVC firm · United States495$14Mmedian roundOct 2026last seen
132 more on this list

All 157 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 →

Reading for founders in government and defence

More books for founders and investors on the Reading List.

As an Amazon Associate we earn from qualifying purchases.

Quick answers about govtech investors

Who are the most active govtech investors?

By cheques observed, the most active are Y Combinator, Techstars, Andreessen Horowitz, New Enterprise Associates and Alumni Ventures.

How many govtech investors are there?

157 are on record. 99% made an investment in the last 12 months and 70% have led a round.

Which stages do govtech investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (24%).

How big are the rounds govtech investors join?

The typical (median) round among the leading investors here is $18M.

Which sectors do govtech investors back most?

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

Which govtech investors lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and New Enterprise Associates (73 led).

Where are govtech investors based?

Most of the leading investors here are based in the United States (23 of the top 25); the rest in the United Kingdom.

What have govtech investors invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Ridgeline), Siggy (Pre-seed, Nov 2026, with Village Global) and firmly (Series A, Nov 2026, with Alumni Ventures).

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