# IoT investors in North America (2026 list)

> 107 ioT investors in North America, 92% active in the last 12 months. Led by Y Combinator, Techstars, National Science Foundation. Ranked by what they funded.

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

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

# IoT investors in North America

Updated 7 November 2026

Firms observed backing an ioT company in North America in the last two years, wherever the firm is based.

[See all 107 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fiot-investors-in-north-america)The top 25

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

**3,848** cheques in 12 months *-14%* against the market

**$14M** median round they joined *+75%* against the market median

**92%** wrote a cheque in 12 months

**63%** 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 [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
- 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 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 6 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 7 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen
- 8 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 9 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 10 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 11 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 12 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen
- 13 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen
- 14 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) *Deploying now* VC firm · United States **705** **$25M** median round **Oct 2026** last seen
- 15 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) *Deploying now* VC firm · Canada **685** **$6M** median round **Sept 2026** last seen
- 16 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 17 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 18 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen
- 19 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen
- 20 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 2026** last seen
- 21 [Matrix Partners](https://millionrounds.com/fund/matrix-partners) *Deploying now* VC firm · United States **396** **$19M** median round **Aug 2026** last seen
- 22 [Draper Associates](https://millionrounds.com/fund/draper-associates) *Deploying now* VC firm · United States **370** **$6M** median round **Nov 2026** last seen
- 23 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) *Deploying now* VC firm · Canada **328** **$11M** median round **Nov 2026** last seen
- 24 [SoftBank](https://millionrounds.com/fund/softbank-2) *Deploying now* Investment firm **293** **$58M** median round **Sept 2026** last seen
- 25 [Craft Ventures](https://millionrounds.com/fund/craft-ventures) *Deploying now* VC firm · United States **283** **$14M** median round **Oct 2026** last seen

**82 more on this list**

All 107 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%2Fiot-investors-in-north-america)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group)
- **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp)
- **5** Nov **[Quint Computing](https://millionrounds.com/company/quint-computing)** Series A · $10M *With* [Quantonation](https://millionrounds.com/fund/quantonation)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars)
- **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *Led by* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)

## Stages This Year

3,074 rounds

- Venture **23%**
- Seed **17%**
- Series A **17%**
- Pre-seed **11%**
- Series B **7%**
- Other **24%**

## What They Backed

Sectors, last 12 months

- AI **1,359**
- Fintech **194**
- Big Data & Analytics **167**
- Biotech **165**
- Healthcare **158**
- Aerospace & Space **141**

## Cheques by Quarter

Led Joined

1,134 Q1 25

1,167 Q2 25

1,251 Q3 25

1,242 Q4 25

1,261 Q1 26

1,116 Q2 26

789 Q3 26

205 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

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

## Quick answers about ioT investors in North America

### Who are the most active ioT investors in North America?

By cheques observed, the most active are Y Combinator, Techstars, National Science Foundation, Andreessen Horowitz and Plug and Play.

### How many ioT investors in North America are there?

107 are on record. 92% made an investment in the last 12 months and 63% have led a round.

### Which stages do ioT investors in North America back?

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

### How big are the rounds ioT investors in North America join?

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

### Which sectors do ioT investors in North America back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which ioT investors in North America lead the most rounds?

Andreessen Horowitz (114 led), Founders Fund (42 led) and Google Ventures (33 led).

### Where are ioT investors in North America based?

Among the most active, most are based in the United States (18), Canada (3) and the United Kingdom (2).

### What have ioT investors in North America invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Harbinger (Series D+, Nov 2026, with Capricorn Investment) and Granit (Seed, Nov 2026, with Seedcamp).

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