# Healthtech lead investors (2026 list)

> 196 healthtech lead investors, 89% active in the last 12 months. Led by Sequoia Capital, Andreessen Horowitz, General Catalyst. Ranked by what they funded.

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

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

# Healthtech lead investors

Updated 7 November 2026

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

[See all 196 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhealthtech-lead-investors)The top 25

**196** investors on the list *+4* this week

**3,616** cheques in 12 months *0%* against the market

**$15M** median round they joined *+88%* against the market median

**89%** 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 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 2 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 3 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 4 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 5 [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
- 6 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 7 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 8 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 9 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 10 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen
- 11 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 12 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen
- 13 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) *Deploying now* VC firm · United States **524** **$27M** median round **Nov 2026** last seen
- 14 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 15 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **447** **$71M** median round **Oct 2026** last seen
- 16 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 17 [SFC Capital](https://millionrounds.com/fund/sfc-capital) *Deploying now* Angel network · United Kingdom **379** **$431K** median round **Nov 2026** last seen
- 18 [Fidelity](https://millionrounds.com/fund/fidelity) *Deploying now* VC firm · United States **360** **$119M** median round **Nov 2026** last seen
- 19 [K Fund](https://millionrounds.com/fund/kfund) *Deploying now* VC firm · Spain **340** **$3M** median round **Oct 2026** last seen
- 20 [FirstMark](https://millionrounds.com/fund/firstmark) *Deploying now* VC firm · United States **319** **$20M** median round **Oct 2026** last seen
- 21 [QED Investors](https://millionrounds.com/fund/qed-investors) *Deploying now* VC firm · United States **314** **$29M** median round **Oct 2026** last seen
- 22 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen
- 23 [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) *Deploying now* VC firm · United States **305** **$7.5M** median round **Oct 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 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen

**171 more on this list**

All 196 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%2Fhealthtech-lead-investors)

## 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)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Fidelity](https://millionrounds.com/fund/fidelity)
- **5** Nov **[Avanlee Care](https://millionrounds.com/company/avanlee-care)** Seed · $3.5M *Led by* [BEA Venture Fund](https://millionrounds.com/fund/bea-venture-fund)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners)
- **5** Nov **[Alethio Therapeutics](https://millionrounds.com/company/alethio-therapeutics)** Series A · $90M *Led by* [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners)
- **5** Nov **[Nayara](https://millionrounds.com/company/nayara)** Pre-seed · $522K *Led by* [SFC Capital](https://millionrounds.com/fund/sfc-capital)

## Stages This Year

2,656 rounds

- Series A **19%**
- Seed **18%**
- Venture **13%**
- Series B **11%**
- Other **8%**
- Other **31%**

## What They Backed

Sectors, last 12 months

- AI **1,188**
- Biotech **241**
- Fintech **226**
- Healthcare **218**
- Big Data & Analytics **131**
- Financial Services **108**

## Cheques by Quarter

Led Joined

847 Q1 25

954 Q2 25

1,036 Q3 25

1,106 Q4 25

1,064 Q1 26

918 Q2 26

897 Q3 26

327 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors)
- [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states)
- [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors)
- [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors)
- [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors)
- [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors)
- [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors)
- [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors)
- [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors)

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

## Quick answers about healthtech lead investors

### Who are the most active healthtech lead investors?

By cheques observed, the most active are Sequoia Capital, Andreessen Horowitz, General Catalyst, Accel and Lightspeed Venture Partners.

### How many healthtech lead investors are there?

196 are on record. 89% made an investment in the last 12 months and 100% have led a round.

### Which stages do healthtech lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (24%).

### How big are the rounds healthtech lead investors join?

The typical (median) round among the leading investors here is $27M.

### Which sectors do healthtech lead investors back most?

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

### Which healthtech lead investors lead the most rounds?

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

### Where are healthtech lead investors based?

Most of the leading investors here are based in the United States (20 of the top 25); the rest in France and the United Kingdom.

### What have healthtech lead investors invested in recently?

Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), Harbinger (Series D+, Nov 2026, with Fidelity) and Avanlee Care (Seed, Nov 2026, with BEA Venture Fund).

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