# Growth E-commerce investors (2026 list)

> 99 growth E-commerce investors, 95% active in the last 12 months. Led by Y Combinator, 500 Global, Sequoia Capital. Ranked by what they funded.

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

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

# Growth E-commerce investors

Updated 7 November 2026

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

[See all 99 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-ecommerce-investors)The top 25

**99** investors on the list *+1* this week

**4,646** cheques in 12 months *-4%* against the market

**$37M** median round they joined *+361%* against the market median

**95%** wrote a cheque in 12 months

**73%** 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 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 3 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 4 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 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 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 7 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 8 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 9 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 10 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 11 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 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 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen
- 14 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 15 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) *Deploying now* VC firm · United States **705** **$25M** median round **Oct 2026** last seen
- 16 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) *Deploying now* VC firm · United States **658** **$32M** median round **Nov 2026** last seen
- 17 [Greycroft](https://millionrounds.com/fund/greycroft) *Deploying now* VC firm · United States **655** **$13M** median round **Nov 2026** last seen
- 18 [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) *Deploying now* VC firm · United States **636** **$7M** median round **Oct 2026** last seen
- 19 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) *Deploying now* VC firm · China **553** **$50M** median round **Nov 2026** last seen
- 20 [Mayfield Fund](https://millionrounds.com/fund/mayfield) *Deploying now* VC firm · United States **509** **$23M** median round **Oct 2026** last seen
- 21 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen
- 22 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 2026** last seen
- 23 [Peak XV](https://millionrounds.com/fund/peak-xv) *Deploying now* VC firm · United States **317** **$15M** median round **Nov 2026** last seen
- 24 [Wellington Management](https://millionrounds.com/fund/wellington-management) *Deploying now* VC firm · United States **297** **$130M** median round **Oct 2026** last seen
- 25 [BlackRock](https://millionrounds.com/fund/blackrock) *Deploying now* Asset manager · United States **296** **$130M** median round **Nov 2026** last seen

**74 more on this list**

All 99 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%2Fgrowth-ecommerce-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [Greycroft](https://millionrounds.com/fund/greycroft)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi)
- **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)

## Stages This Year

3,290 rounds

- Venture **19%**
- Series A **17%**
- Seed **16%**
- Pre-seed **10%**
- Series B **9%**
- Other **29%**

## What They Backed

Sectors, last 12 months

- AI **1,539**
- Fintech **240**
- Biotech **196**
- Big Data & Analytics **184**
- Healthcare **167**
- Financial Services **142**

## Cheques by Quarter

Led Joined

1,185 Q1 25

1,228 Q2 25

1,394 Q3 25

1,505 Q4 25

1,501 Q1 26

1,266 Q2 26

1,003 Q3 26

284 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 in e-commerce and consumer brands

- You Must Write a Book: Boost Your Brand, Get More Business, and Become the Go-To Expert Honoree Corder · 2016 4.21 from 280 ratings on Goodreads E-commerce and consumer brands About the book Honorée Corder is the author of dozens of books, she does all sorts of other magical things, and her badassery is legendary. She is Hal Elrod's business partner and co-creator of The Miracle Morning book series, and she coaches high profile professionals, guiding them into some… On AmazonListen on Audible
- How Big Brands Grow What Marketers Dont Know Byron Sharp · 2010 On 40 reading lists at Open Library E-commerce and consumer brands About the book "This book provides evidence-based answers to the key questions asked by marketers every day. Tackling issues such as how brands grow, how advertising really works, what price promotions really do and how loyalty programs really affect loyalty, How Brands Grow presents decades… On AmazonListen on AudibleOn Open Library
- The Brand Gap Marty Neumeier · 2003 3.98 from 5,757 ratings on Goodreads E-commerce and consumer brands About the book THE BRAND GAP is the first book to present a unified theory of brand-building. Whereas most books on branding are weighted toward either a strategic or creative approach, this book shows how both ways of thinking can unite to produce a “charismatic brand”―a brand that customers… On AmazonListen on Audible
- This Is Not a T-Shirt: A Brand, a Culture, a Community--a Life in Streetwear Bobby Hundreds · 2019 4.21 from 1,335 ratings on Goodreads E-commerce and consumer brands About the book The story of The Hundreds and the precepts that made it an iconic streetwear brand by Bobby Hundreds himself Streetwear occupies that rarefied space where genuine "cool" coexists with big business; where a star designer might work concurrently with Nike, a tattoo artist,… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about growth E-commerce investors

### Who are the most active growth E-commerce investors?

By cheques observed, the most active are Y Combinator, 500 Global, Sequoia Capital, Andreessen Horowitz and Alumni Ventures.

### How many growth E-commerce investors are there?

99 are on record. 95% made an investment in the last 12 months and 73% have led a round.

### Which stages do growth E-commerce investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Seed (23%).

### How big are the rounds growth E-commerce investors join?

The typical (median) round among the leading investors here is $26M.

### Which sectors do growth E-commerce investors back most?

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

### Which growth E-commerce investors lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are growth E-commerce investors based?

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

### What have growth E-commerce investors invested in recently?

Recent rounds include Ocient (Series C, Nov 2026, with Greycroft), Thinking Machines Lab (Other, Nov 2026, with Accel) and Harbinger (Series D+, Nov 2026, with Tiger Global Management).

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