Investor Lists

Govtech lead investors

Updated 7 November 2026

Firms we have watched lead a round raised by a govtech company in the last two years. Leading is rarer than taking part, and it is the role a founder most needs filled.

See all 39 →The top 25
39investors on the list+1 this week
1,183cheques in 12 months+7% against the market
$14Mmedian round they joined+76% against the market median
97%wrote a cheque in 12 months
100%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Andreessen HorowitzDeploying nowVC firm · United States1,661$27Mmedian roundNov 2026last seen
  2. 2New Enterprise AssociatesDeploying nowVC firm · United States1,610$34Mmedian roundOct 2026last seen
  3. 3Index VenturesDeploying nowVC firm · United Kingdom1,027$31Mmedian roundNov 2026last seen
  4. 4Insight PartnersDeploying nowVC firm · United States765$40Mmedian roundOct 2026last seen
  5. 5Menlo VenturesDeploying nowVC firm · United States740$37Mmedian roundOct 2026last seen
  6. 6FelicisDeploying nowVC firm · United States640$20Mmedian roundNov 2026last seen
  7. 7BenchmarkDeploying nowVC firm · United States587$30Mmedian roundOct 2026last seen
  8. 8B CapitalDeploying nowVC firm · United States495$14Mmedian roundOct 2026last seen
  9. 9Crosslink CapitalDeploying nowVC firm · United States381$10Mmedian roundOct 2026last seen
  10. 10Craft VenturesDeploying nowVC firm · United States283$14Mmedian roundOct 2026last seen
  11. 11Eniac VenturesDeploying nowVC firm · United States227$8Mmedian roundJul 2026last seen
  12. 12SignalFireDeploying nowVC firm · United States188$16Mmedian roundOct 2026last seen
  13. 13IndustrifondenDeploying nowVC firm · Sweden140$5.8Mmedian roundOct 2026last seen
  14. 14Infinity VenturesDeploying nowVC firm · United States130$6.8Mmedian roundSept 2026last seen
  15. 15Primary Venture PartnersDeploying nowVC firm · United States128$16Mmedian roundOct 2026last seen
  16. 16GreenoaksDeploying nowVC firm · United States121$115Mmedian roundOct 2026last seen
  17. 17JMI EquityDeploying nowPrivate equity · United States116$50Mmedian roundSept 2026last seen
  18. 18Acrew CapitalDeploying nowVC firm · United States99$17Mmedian roundNov 2026last seen
  19. 19Kickstart Seed FundDeploying nowVC firm · United States80$7.3Mmedian roundJul 2026last seen
  20. 20Motorola Solutions Venture CapitalDeploying nowCorporate VC · United States60$58Mmedian roundJul 2026last seen
  21. 21Urban Innovation FundDeploying nowVC firm · Canada46$5.2Mmedian roundOct 2026last seen
  22. 22FPV VenturesDeploying nowVC firm · United States44$28Mmedian roundSept 2026last seen
  23. 23Gresham House VenturesDeploying nowGrowth equity · United Kingdom40$6.6Mmedian roundSept 2026last seen
  24. 24J2 VenturesDeploying nowVC firm · United States39$12Mmedian roundSept 2026last seen
  25. 25Lachy GroomDeploying nowAngel · United States37$12Mmedian roundOct 2026last seen
14 more on this list

All 39 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 govtech lead investors

Who are the most active govtech lead investors?

By cheques observed, the most active are Andreessen Horowitz, New Enterprise Associates, Index Ventures, Insight Partners and Menlo Ventures.

How many govtech lead investors are there?

39 are on record. 97% made an investment in the last 12 months and 100% have led a round.

Which stages do govtech lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (28%) and Seed (21%).

How big are the rounds govtech lead investors join?

The typical (median) round among the leading investors here is $16M.

Which sectors do govtech lead investors back most?

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

Which govtech lead investors lead the most rounds?

Andreessen Horowitz (114 led), New Enterprise Associates (73 led) and Index Ventures (62 led).

Where are govtech lead investors based?

Most of the leading investors here are based in the United States (21 of the top 25); the rest in the United Kingdom and Sweden.

What have govtech lead investors invested in recently?

Recent rounds include Phaze Inc. (Seed, Nov 2026, with Andreessen Horowitz), Guava (Seed, Nov 2026, with Acrew Capital) and Granter (Seed, Nov 2026, with 3xP Global).

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