# Investors in rounds under $1M (2026 list)

> 1,360 investors in rounds under $1M, 90% active in the last 12 months. Led by Y Combinator, Techstars, 500 Global. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-in-rounds-under-1m (Millionrounds; every figure on the page links to its filing or article)

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

# Investors in rounds under $1M

Updated 7 November 2026

Firms we have watched take part in a round of under $1M in the last two years. The size is the whole round as announced, not the firm's own cheque.

[See all 1,360 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-rounds-under-1m)The top 25

**1,360** investors on the list *+10* this week

**20,044** cheques in 12 months *-19%* against the market

**$2.7M** median round they joined *-66%* against the market median

**90%** wrote a cheque in 12 months

**43%** 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 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 4 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 5 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) *Deploying now* Government · United States **1,869** **$926K** median round **Sept 2026** last seen
- 6 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 7 [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
- 8 [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
- 9 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 10 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 11 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 12 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 13 [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
- 14 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen
- 15 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 16 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 17 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 18 [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
- 19 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 20 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 21 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen
- 22 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 23 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 24 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) *Deploying now* VC firm · France **859** **$4.2M** median round **Nov 2026** last seen
- 25 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen

**1,335 more on this list**

All 1,360 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%2Finvestors-in-rounds-under-1m)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[LionBio Therapeutics](https://millionrounds.com/company/lionbio-therapeutics)** Pre-seed · $6M *With* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **6** Nov **[MucoLife Therapeutics](https://millionrounds.com/company/mucolife-therapeutics)** Grant · $102K *Led by* [Vinnova](https://millionrounds.com/fund/vinnova)
- **6** Nov **[Banesco Banco Múltiple](https://millionrounds.com/company/banesco-banco-multiple)** Debt · $25M *Led by* [PROPARCO](https://millionrounds.com/fund/proparco)
- **6** Nov **[Water Ledger Global](https://millionrounds.com/company/water-ledger-global)** Other *With* [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures)
- **6** Nov **[URobotics](https://millionrounds.com/company/urobotics)** Series A · $30M *With* [Aju IB Investment](https://millionrounds.com/fund/aju-ib-investment)
- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)

## Stages This Year

9,663 rounds

- Seed **22%**
- Venture **20%**
- Series A **14%**
- Pre-seed **10%**
- Series B **7%**
- Other **27%**

## What They Backed

Sectors, last 12 months

- AI **3,316**
- Biotech **759**
- Healthcare **650**
- Fintech **515**
- Big Data & Analytics **466**
- Energy **390**

## Cheques by Quarter

Led Joined

6,249 Q1 25

6,185 Q2 25

6,854 Q3 25

7,118 Q4 25

6,502 Q1 26

5,431 Q2 26

4,345 Q3 26

1,198 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors in rounds $5M to $20M 5,222](https://millionrounds.com/lists/investors-in-rounds-5m-to-20m)
- [Investors in rounds $20M to $100M 4,778](https://millionrounds.com/lists/investors-in-rounds-20m-to-100m)
- [Investors in rounds $1M to $5M 4,106](https://millionrounds.com/lists/investors-in-rounds-1m-to-5m)
- [Investors in rounds $100M or more 3,359](https://millionrounds.com/lists/investors-in-rounds-100m-plus)

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

## Quick answers about investors in rounds under $1M

### Who are the most active investors in rounds under $1M?

By cheques observed, the most active are Y Combinator, Techstars, 500 Global, Sequoia Capital and National Science Foundation.

### How many investors in rounds under $1M are there?

1,360 are on record. 90% made an investment in the last 12 months and 43% have led a round.

### Which stages do investors in rounds under $1M back?

Of the rounds with a named stage in the last 12 months, mostly Seed (31%) and Series A (20%).

### How big are the rounds investors in rounds under $1M join?

The typical (median) round among the leading investors here is $11M.

### Which sectors do investors in rounds under $1M back most?

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

### Which investors in rounds under $1M lead the most rounds?

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

### Where are investors in rounds under $1M based?

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

### What have investors in rounds under $1M invested in recently?

Recent rounds include LionBio Therapeutics (Pre-seed, Nov 2026, with South Park Commons), MucoLife Therapeutics (Grant, Nov 2026, with Vinnova) and Banesco Banco Múltiple (Debt, Nov 2026, with PROPARCO).

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