# Govtech investors in North America (2026 list)

> 130 govtech investors in North America, 98% active in the last 12 months. Led by Y Combinator, Techstars, Andreessen Horowitz. Ranked by what they funded.

Source: https://millionrounds.com/lists/govtech-investors-in-north-america (Millionrounds; every figure on the page links to its filing or article)

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

# Govtech investors in North America

Updated 7 November 2026

Firms observed backing a govtech company in North America in the last two years, wherever the firm is based.

[See all 130 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgovtech-investors-in-north-america)The top 25

**130** investors on the list No change this week

**5,591** cheques in 12 months *-9%* against the market

**$13M** median round they joined *+66%* against the market median

**98%** wrote a cheque in 12 months

**72%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 4 [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
- 5 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 6 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 7 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 8 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 9 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 10 [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
- 11 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 12 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 13 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 14 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen
- 15 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen
- 16 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 17 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 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 [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) *Deploying now* VC firm · United States **636** **$7M** median round **Oct 2026** last seen
- 20 [CRV](https://millionrounds.com/fund/crv) *Deploying now* VC firm · United States **588** **$20M** median round **Oct 2026** last seen
- 21 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen
- 22 [B Capital](https://millionrounds.com/fund/b-capital) *Deploying now* VC firm · United States **495** **$14M** median round **Oct 2026** last seen
- 23 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen
- 24 [Madrona Venture Group](https://millionrounds.com/fund/madrona) *Deploying now* VC firm · United States **435** **$14M** median round **Nov 2026** last seen
- 25 [Coatue](https://millionrounds.com/fund/coatue-management) *Deploying now* VC firm · United States **404** **$85M** median round **Oct 2026** last seen

**105 more on this list**

All 130 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%2Fgovtech-investors-in-north-america)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Ridgeline](https://millionrounds.com/fund/ridgeline-2)
- **5** Nov **[Siggy](https://millionrounds.com/company/siggy)** Pre-seed · $6M *Led by* [Village Global](https://millionrounds.com/fund/village-global-2)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[RadianX](https://millionrounds.com/company/radianx)** Seed · $9M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Finpilot](https://millionrounds.com/company/finpilot)** Series A · $10M *With* [Madrona Venture Group](https://millionrounds.com/fund/madrona)
- **4** Nov **[Aformic](https://millionrounds.com/company/aformic)** Seed · $7M *With* [Mana Ventures](https://millionrounds.com/fund/mana-ventures)

## Stages This Year

3,677 rounds

- Venture **21%**
- Seed **19%**
- Series A **18%**
- Pre-seed **10%**
- Series B **8%**
- Other **24%**

## What They Backed

Sectors, last 12 months

- AI **1,754**
- Fintech **259**
- Big Data & Analytics **216**
- Healthcare **192**
- Financial Services **158**
- Biotech **156**

## Cheques by Quarter

Led Joined

1,504 Q1 25

1,638 Q2 25

1,746 Q3 25

1,793 Q4 25

1,755 Q1 26

1,612 Q2 26

1,227 Q3 26

301 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

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

## Reading for founders in government and defence

- The Hour of the Predator Giuliano da Empoli · 2025 3.94 from 5,140 ratings on Goodreads Government and defence About the book A chilling assessment of international politics in our time, from an internationally bestselling author whose work has sparked controversy and debate across the worldBlending the author’s personal insight with startling historical comparisons to the days of Machiavelli and the… On AmazonListen on Audible
- Written Out of History: The Forgotten Founders Who Fought Big Government Mike Lee · 2017 4.05 from 728 ratings on Goodreads Government and defence Company building About the book Senator Mike Lee tells the story of the Founders whose warnings about the dangers of an all-powerful federal government helped shape our Constitution--but are being ignored today. Today, most Americans are familiar only with the "big names" associated with the Founding -… On AmazonListen on Audible
- Unit X: How the Pentagon and Silicon Valley Are Transforming the Future of War Raj M. Shah · 2024 3.82 from 1,608 ratings on Goodreads Government and defence Company building Innovation About the book Shortlisted for the 2024 Financial Times Business Book of the Year “An exceedingly important book!”, General David Petraeus, US Army (Ret.), former Director of the CIA “Essential reading for understanding how technology will change the future of warfare.”, Chris Miller, New York… On AmazonListen on Audible
- The Sirens' Call: How Attention Became the World's Most Endangered Resource Christopher L. Hayes · 2025 3.93 from 8,942 ratings on Goodreads Government and defence About the book An Instant #1 New York Times BestsellerFrom the New York Times bestselling author and MSNBC and podcast host, a powerful wide-angle reckoning with how the assault from attention capitalism on our minds and our hearts has reordered our politics and the very fabric of our… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about govtech investors in North America

### Who are the most active govtech investors in North America?

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

### How many govtech investors in North America are there?

130 are on record. 98% made an investment in the last 12 months and 72% have led a round.

### Which stages do govtech investors in North America back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (25%).

### How big are the rounds govtech investors in North America join?

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

### Which sectors do govtech investors in North America back most?

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

### Which govtech investors in North America lead the most rounds?

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

### Where are govtech investors in North America based?

Most of the leading investors here are based in the United States (24 of the top 25); the rest in the United Kingdom.

### What have govtech investors in North America 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](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)