# Growth advertising & Adtech investors (2026 list)

> 20 growth advertising & Adtech investors, 100% active in the last 12 months. Led by Sequoia Capital, Accel, Goldman Sachs. Ranked by what they funded.

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

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

# Growth advertising & Adtech investors

Updated 7 November 2026

Firms we have watched take part in a growth round raised by an advertising & Adtech company in the last two years. Both the stage and the sector are what they did, not what their website says.

[See all 20 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-adtech-investors)The top 20

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

**612** cheques in 12 months *+17%* against the market

**$48M** median round they joined *+496%* against the market median

**100%** wrote a cheque in 12 months

**70%** have led a round

## The Top 20

Ordered by cheques observed, never by anything anyone paid for

Deploying now (20)

- 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 2 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 3 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen
- 4 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 5 [Summit Partners](https://millionrounds.com/fund/summit-partners) *Deploying now* Private equity · United States **356** **$81M** median round **Oct 2026** last seen
- 6 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen
- 7 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 8 [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) *Deploying now* VC firm · Canada **141** **$2.5M** median round **Oct 2026** last seen
- 9 [Atlantic](https://millionrounds.com/fund/atlantic) *Deploying now* Private equity · Germany **53** **$35M** median round **Oct 2026** last seen
- 10 [Meta](https://millionrounds.com/fund/meta) *Deploying now* Corporate VC · United States **28** **$11M** median round **Oct 2026** last seen
- 11 [Fulcrum Equity Partners](https://millionrounds.com/fund/fulcrum-equity-partners) *Deploying now* VC firm · United States **19** **$12M** median round **Oct 2026** last seen
- 12 [ORIX USA Corporation](https://millionrounds.com/fund/orix-corporation-usa) *Deploying now* Corporate VC · United States **17** **$52M** median round **Oct 2026** last seen
- 13 [dunnhumby Ventures](https://millionrounds.com/fund/dunnhumby-ventures) *Deploying now* VC firm · United States **11** **$32M** median round **Oct 2026** last seen
- 14 [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) *Deploying now* Growth equity **7** **$85M** median round **Nov 2026** last seen
- 15 [Teachers' Venture Growth](https://millionrounds.com/fund/teachers-venture-growth) *Deploying now* VC firm **7** **$318M** median round **Sept 2026** last seen
- 16 [Iberis Capital](https://millionrounds.com/fund/iberis-capital) *Deploying now* VC firm · Portugal **6** **$43M** median round **Oct 2026** last seen
- 17 [Intrepid Growth Partners](https://millionrounds.com/fund/intrepid-growth-partners) *Deploying now* VC firm · Canada **5** **$235M** median round **Sept 2026** last seen
- 18 [Unity](https://millionrounds.com/fund/unity) *Deploying now* Angel · New Zealand **2** **$507M** median round **Jun 2026** last seen
- 19 [Moloco](https://millionrounds.com/fund/moloco) *Deploying now* Growth equity **1** **$1B** median round **Jun 2026** last seen
- 20 [ORIX Corporation USA's (ORIX USA) Growth Capital business](https://millionrounds.com/fund/orix-corporation-usa-s-orix-usa-growth-capital-business) *Deploying now* Growth equity **1** **$52M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments)
- **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *With* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures)
- **3** Nov **[PowerUp Money](https://millionrounds.com/company/powerup-money)** Other · $10M *With* [Accel](https://millionrounds.com/fund/accel)

## Stages This Year

548 rounds

- Series B **14%**
- Series A **14%**
- Seed **11%**
- Series C **11%**
- Venture **10%**
- Other **41%**

## What They Backed

Sectors, last 12 months

- AI **318**
- Fintech **57**
- Cybersecurity **40**
- Big Data & Analytics **39**
- Software **30**
- Financial Services **29**

## Cheques by Quarter

Led Joined

120 Q1 25

124 Q2 25

160 Q3 25

161 Q4 25

186 Q1 26

152 Q2 26

151 Q3 26

57 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors)
- [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors)
- [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors)
- [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors)
- [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors)
- [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors)
- [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors)
- [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors)
- [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors)

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

## Reading for founders at Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about growth advertising & Adtech investors

### Who are the most active growth advertising & Adtech investors?

By cheques observed, the most active are Sequoia Capital, Accel, Goldman Sachs, Salesforce Ventures and Summit Partners.

### How many growth advertising & Adtech investors are there?

20 are on record. 100% made an investment in the last 12 months and 70% have led a round.

### Which stages do growth advertising & Adtech investors back?

Of the rounds with a named stage in the last 12 months, mostly Series B (19%) and Series A (18%).

### How big are the rounds growth advertising & Adtech investors join?

The typical (median) round among the leading investors here is $52M.

### Which sectors do growth advertising & Adtech investors back most?

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

### Which growth advertising & Adtech investors lead the most rounds?

Accel (103 led), Sequoia Capital (91 led) and General Atlantic (32 led).

### Where are growth advertising & Adtech investors based?

Among the most active, most are based in the United States (11), Canada (2) and Germany (1).

### What have growth advertising & Adtech investors invested in recently?

Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), Zipline (Growth, Nov 2026, with Salesforce Ventures) and Agrani Labs (Nov 2026, with Google).

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