# Investors with five or more acquisitions (2026 list)

> 959 investors with five or more acquisitions, 35% active in the last 12 months. Led by SV Angel, Intel Capital, Accel. Ranked by what they funded.

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

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

# Investors with five or more acquisitions

Updated 7 November 2026

Firms that backed five or more companies that were later bought. Acquisitions are how most venture-backed companies exit, so this is the more common track record.

[See all 959 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-with-acquisitions)The top 25

**959** investors on the list *-1* this week

**8,453** cheques in 12 months *-6%* against the market

**$13M** median round they joined *+68%* against the market median

**35%** wrote a cheque in 12 months

**34%** have led a round

## The Top 25

Ordered by acquisitions, never by anything anyone paid for

Deploying now (25)

- 1 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **182** **$18M** median round **Oct 2026** last seen
- 2 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **156** **$22M** median round **Oct 2026** last seen
- 3 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **135** **$32M** median round **Nov 2026** last seen
- 4 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **131** **$35M** median round **Nov 2026** last seen
- 5 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **117** **$3M** median round **Oct 2026** last seen
- 6 [Summit Partners](https://millionrounds.com/fund/summit-partners) *Deploying now* Private equity · United States **117** **$81M** median round **Oct 2026** last seen
- 7 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **111** **$34M** median round **Oct 2026** last seen
- 8 [Greylock](https://millionrounds.com/fund/greylock-partners) *Deploying now* VC firm · United States **102** **$25M** median round **Oct 2026** last seen
- 9 [DFJ](https://millionrounds.com/fund/dfj) *Deploying now* VC firm · United States **88** **$52M** median round **Nov 2026** last seen
- 10 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **82** **$18M** median round **Oct 2026** last seen
- 11 [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) *Deploying now* VC firm · United States **82** **$30M** median round **Oct 2026** last seen
- 12 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **81** **$37M** median round **Oct 2026** last seen
- 13 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **77** **$3.6M** median round **Oct 2026** last seen
- 14 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **76** **$30M** median round **Oct 2026** last seen
- 15 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **75** **$30M** median round **Nov 2026** last seen
- 16 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **74** **$1.2M** median round **Nov 2026** last seen
- 17 [Redpoint](https://millionrounds.com/fund/redpoint) *Deploying now* VC firm · United States **74** **$32M** median round **Nov 2026** last seen
- 18 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) *Deploying now* VC firm · United States **71** **$25M** median round **Oct 2026** last seen
- 19 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **70** **$73M** median round **Oct 2026** last seen
- 20 [Felicis](https://millionrounds.com/fund/felicis-ventures) *Deploying now* VC firm · United States **70** **$20M** median round **Nov 2026** last seen
- 21 [CRV](https://millionrounds.com/fund/crv) *Deploying now* VC firm · United States **69** **$20M** median round **Oct 2026** last seen
- 22 [Venrock](https://millionrounds.com/fund/venrock) *Deploying now* VC firm · United States **68** **$36M** median round **Oct 2026** last seen
- 23 [Mayfield Fund](https://millionrounds.com/fund/mayfield) *Deploying now* VC firm · United States **67** **$23M** median round **Oct 2026** last seen
- 24 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) *Deploying now* VC firm · United States **66** **$32M** median round **Nov 2026** last seen
- 25 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **65** **$31M** median round **Nov 2026** last seen

**934 more on this list**

All 959 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-with-acquisitions)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[Arka Fincap](https://millionrounds.com/company/arka-fincap)** Other *Led by* [TPG](https://millionrounds.com/fund/tpg)
- **6** Nov **[Fathom Therapeutics](https://millionrounds.com/company/fathom-therapeutics)** Round *With* [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures)
- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **6** Nov **[Shield AI](https://millionrounds.com/company/shield-ai)** $2B *With* [Clarus Ventures](https://millionrounds.com/fund/blackstone)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *Led by* [OCA Ventures](https://millionrounds.com/fund/oca-ventures)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)

## Stages This Year

5,152 rounds

- Venture **19%**
- Seed **19%**
- Series A **17%**
- Series B **9%**
- Pre-seed **8%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **2,248**
- Biotech **384**
- Healthcare **330**
- Fintech **311**
- Big Data & Analytics **281**
- Financial Services **189**

## Cheques by Quarter

Led Joined

2,220 Q1 25

2,395 Q2 25

2,480 Q3 25

2,672 Q4 25

2,582 Q1 26

2,340 Q2 26

1,909 Q3 26

597 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors with an IPO in their portfolio 703](https://millionrounds.com/lists/investors-with-ipo-exits)
- [Investors with three or more IPOs 92](https://millionrounds.com/lists/investors-with-several-ipos)

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

## Quick answers about investors with five or more acquisitions

### Who are the most active investors with five or more acquisitions?

By acquisitions, the most active are SV Angel, Intel Capital, Accel, Sequoia Capital and Y Combinator.

### How many investors with five or more acquisitions are there?

959 are on record. 35% made an investment in the last 12 months and 34% have led a round.

### Which stages do investors with five or more acquisitions back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (24%).

### How big are the rounds investors with five or more acquisitions join?

The typical (median) round among the leading investors here is $30M.

### Which sectors do investors with five or more acquisitions back most?

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

### Which investors with five or more acquisitions lead the most rounds?

Accel (103 led), Sequoia Capital (91 led) and New Enterprise Associates (73 led).

### Where are investors with five or more acquisitions based?

Most of the leading investors here are based in the United States (24 of the top 25); the rest in the United Kingdom.

### What have investors with five or more acquisitions invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), Fathom Therapeutics (Nov 2026, with Sutter Hill Ventures) and Physicl (Seed, Nov 2026, with Inovia Capital).

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