# Martech lead investors (2026 list)

> 102 martech lead investors, 92% active in the last 12 months. Led by Sequoia Capital, New Enterprise Associates, General Catalyst. Ranked by what they funded.

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

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

# Martech lead investors

Updated 7 November 2026

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

[See all 102 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmartech-lead-investors)The top 25

**102** investors on the list *+2* this week

**2,540** cheques in 12 months *-1%* against the market

**$13M** median round they joined *+60%* against the market median

**92%** 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 [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
- 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 [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
- 5 [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
- 6 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 7 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen
- 8 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen
- 9 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) *Deploying now* VC firm · United States **658** **$32M** median round **Nov 2026** last seen
- 10 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 11 [Flybridge](https://millionrounds.com/fund/flybridge) *Deploying now* VC firm · United States **534** **$5M** median round **Sept 2026** last seen
- 12 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) *Deploying now* VC firm · United States **526** **$4.1M** median round **Sept 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 [Mayfield Fund](https://millionrounds.com/fund/mayfield) *Deploying now* VC firm · United States **509** **$23M** median round **Oct 2026** last seen
- 15 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 16 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 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 [K Fund](https://millionrounds.com/fund/kfund) *Deploying now* VC firm · Spain **340** **$3M** median round **Oct 2026** last seen
- 19 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen
- 20 [Abstract Ventures](https://millionrounds.com/fund/abstract) *Deploying now* VC firm · United States **295** **$13M** median round **Nov 2026** last seen
- 21 [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) *Deploying now* VC firm · United States **292** **$75M** median round **Oct 2026** last seen
- 22 [Northzone](https://millionrounds.com/fund/northzone) *Deploying now* VC firm · United Kingdom **240** **$22M** median round **Oct 2026** last seen
- 23 [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) *Deploying now* VC firm · United States **225** **$20M** median round **Oct 2026** last seen
- 24 [NFX](https://millionrounds.com/fund/nfx) *Deploying now* VC firm · United States **191** **$10M** median round **Sept 2026** last seen
- 25 [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) *Deploying now* VC firm · United States **186** **$15M** median round **Nov 2026** last seen

**77 more on this list**

All 102 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%2Fmartech-lead-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **5** Nov **[Nayara](https://millionrounds.com/company/nayara)** Pre-seed · $522K *Led by* [SFC Capital](https://millionrounds.com/fund/sfc-capital)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- **4** Nov **[Shackleton AI](https://millionrounds.com/company/shackleton-ai)** Seed · $5M *Led by* [Battery Ventures](https://millionrounds.com/fund/battery-ventures)
- **4** Nov **Sentra** Series C · $150M *With* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- **4** Nov **[Thermit](https://millionrounds.com/company/thermit)** Seed *Led by* [Mashup Ventures](https://millionrounds.com/fund/mashup-ventures)

## Stages This Year

1,961 rounds

- Series A **20%**
- Seed **18%**
- Venture **13%**
- Series B **12%**
- Series C **7%**
- Other **29%**

## What They Backed

Sectors, last 12 months

- AI **1,022**
- Fintech **174**
- Big Data & Analytics **121**
- Healthcare **116**
- Software **92**
- Biotech **91**

## Cheques by Quarter

Led Joined

618 Q1 25

694 Q2 25

727 Q3 25

757 Q4 25

766 Q1 26

667 Q2 26

637 Q3 26

193 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 martech lead investors

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

By cheques observed, the most active are Sequoia Capital, New Enterprise Associates, General Catalyst, Lightspeed Venture Partners and Bessemer Venture Partners.

### How many martech lead investors are there?

102 are on record. 92% made an investment in the last 12 months and 100% have led a round.

### Which stages do martech lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (26%) and Seed (23%).

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

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

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

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

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

General Catalyst (97 led), Sequoia Capital (91 led) and Lightspeed Venture Partners (83 led).

### Where are martech lead investors based?

Most of the leading investors here are based in the United States (22 of the top 25); the rest in the United Kingdom and Spain.

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

Recent rounds include Bizay (Series D+, Nov 2026, with Indico Capital Partners), Nayara (Pre-seed, Nov 2026, with SFC Capital) and Zipline (Growth, Nov 2026, with Salesforce Ventures).

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