Investor Lists

PE firms backing AI

Updated 7 November 2026

PE firms we have observed in an AI round in the last two years.

956investors on the list+35 this week
3,312cheques in 12 months+32% against the market
$90Mmedian round they joined+1025% against the market median
83%wrote a cheque in 12 months
39%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1GaingelsDeploying nowPrivate equity · United States1,010$8Mmedian roundOct 2026last seen
  2. 2Goldman SachsDeploying nowPrivate equity · United States758$73Mmedian roundOct 2026last seen
  3. 3CitibankDeploying nowGrowth equity · United States566$20Mmedian roundOct 2026last seen
  4. 4Pioneer FundDeploying nowPrivate equity · United States551$2.9Mmedian roundNov 2026last seen
  5. 5IDG CapitalDeploying nowPrivate equity · China504$25Mmedian roundOct 2026last seen
  6. 6OrbiMedDeploying nowPrivate equity · United States447$71Mmedian roundOct 2026last seen
  7. 7DCM VenturesDeploying nowPrivate equity · United States433$16Mmedian roundAug 2026last seen
  8. 8RA Capital ManagementDeploying nowPrivate equity · United States395$93Mmedian roundNov 2026last seen
  9. 9Summit PartnersDeploying nowPrivate equity · United States356$81Mmedian roundOct 2026last seen
  10. 10Morgan Stanley Investment ManagementDeploying nowPrivate equity · United States288$56Mmedian roundOct 2026last seen
  11. 11Saif PartnersDeploying nowPrivate equity · Hong Kong SAR China283$14Mmedian roundMay 2026last seen
  12. 12General AtlanticDeploying nowPrivate equity · United States273$127Mmedian roundOct 2026last seen
  13. 13Business Growth FundDeploying nowPrivate equity · United Kingdom260$9.9Mmedian roundNov 2026last seen
  14. 14Warburg PincusDeploying nowPrivate equity · United States260$124Mmedian roundOct 2026last seen
  15. 15HSBCDeploying nowGrowth equity · United Kingdom234$45Mmedian roundOct 2026last seen
  16. 16Idinvest PartnersDeploying nowPrivate equity · France217$20Mmedian roundApr 2026last seen
  17. 17TPGDeploying nowPrivate equity · United States205$91Mmedian roundNov 2026last seen
  18. 18TCVDeploying nowPrivate equity · United States200$100Mmedian roundOct 2026last seen
  19. 19K5 GlobalDeploying nowPrivate equity · United States199$11Mmedian roundOct 2026last seen
  20. 20Franklin TempletonDeploying nowPrivate equity · United States198$64Mmedian roundNov 2026last seen
  21. 21Altair CapitalDeploying nowPrivate equity · Singapore196$2.9Mmedian roundOct 2026last seen
  22. 22CDH InvestmentsDeploying nowPrivate equity · Hong Kong SAR China190$30Mmedian roundOct 2026last seen
  23. 23Janus Henderson InvestorsDeploying nowPrivate equity · United Kingdom178$115Mmedian roundOct 2026last seen
  24. 24DST GlobalDeploying nowPrivate equity · United Kingdom158$81Mmedian roundOct 2026last seen
  25. 25Rho Capital PartnersDeploying nowPrivate equity · United States158$31Mmedian roundApr 2026last seen
931 more on this list

All 956 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about PE firms backing AI

Who are the most active PE firms backing AI?

By cheques observed, the most active are Gaingels, Goldman Sachs, Citibank, Pioneer Fund and IDG Capital.

How many PE firms backing AI are there?

956 are on record. 83% made an investment in the last 12 months and 39% have led a round.

Which stages do PE firms backing AI back?

Of the rounds with a named stage in the last 12 months, mostly Series A (19%) and Series B (17%).

How big are the rounds PE firms backing AI join?

The typical (median) round among the leading investors here is $45M.

Which sectors do PE firms backing AI back most?

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

Which PE firms backing AI lead the most rounds?

General Atlantic (32 led), Goldman Sachs (22 led) and TCV (17 led).

Where are PE firms backing AI based?

Among the most active, most are based in the United States (16), the United Kingdom (4) and Hong Kong SAR China (2).

What have PE firms backing AI invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), aSand.ai (Series A, Nov 2026, with Co-Stone Capital) and Ocient (Series C, Nov 2026, with PSP Growth).

Built from the rounds we watched, refreshed every night. How we count · Report a correction