# PE firms backing Consumer Apps (2026 list)

> 41 PE firms backing Consumer Apps, 90% active in the last 12 months. Led by Gaingels, Goldman Sachs, Citibank. Ranked by what they funded.

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

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

# PE firms backing Consumer Apps

Updated 7 November 2026

PE firms we have observed in a consumer Apps round in the last two years.

[See all 41 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-app)The top 25

**41** investors on the list *-2* this week

**861** cheques in 12 months *-15%* against the market

**$25M** median round they joined *+213%* against the market median

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

**61%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 2 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen
- 3 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen
- 4 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen
- 5 [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) *Deploying now* Private equity · United States **433** **$16M** median round **Aug 2026** last seen
- 6 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen
- 7 [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) *Deploying now* Private equity · United States **260** **$124M** median round **Oct 2026** last seen
- 8 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen
- 9 [K5 Global](https://millionrounds.com/fund/k5-global) *Deploying now* Private equity · United States **199** **$11M** median round **Oct 2026** last seen
- 10 [Bond](https://millionrounds.com/fund/bond) *Deploying now* Growth equity · United States **154** **$47M** median round **Sept 2026** last seen
- 11 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen
- 12 [Smilegate Investment](https://millionrounds.com/fund/smilegate-investment) *Deploying now* Growth equity · South Korea **122** **$5.4M** median round **May 2026** last seen
- 13 [L Catterton](https://millionrounds.com/fund/l-catterton) *Deploying now* Private equity · United States **110** **$34M** median round **Oct 2026** last seen
- 14 [TCG](https://millionrounds.com/fund/tcg) *Deploying now* Private equity · United States **109** **$75M** median round **Sept 2026** last seen
- 15 [S2G Investments](https://millionrounds.com/fund/s2g-investments) *Deploying now* Growth equity · United States **102** **$16M** median round **Oct 2026** last seen
- 16 [Better Capital](https://millionrounds.com/fund/better-capital) *Deploying now* Private equity · United Kingdom **97** **$2.5M** median round **Oct 2026** last seen
- 17 [FTV Capital](https://millionrounds.com/fund/ftv-capital) *Deploying now* Private equity · United States **83** **$55M** median round **Sept 2026** last seen
- 18 [Sorenson Capital](https://millionrounds.com/fund/sorenson-capital) *Deploying now* Private equity · United States **74** **$25M** median round **Oct 2026** last seen
- 19 [Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital) *Deploying now* Private equity · China **72** **$15M** median round **Jul 2026** last seen
- 20 [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) *Deploying now* Private equity · United States **70** **$48M** median round **Oct 2026** last seen
- 21 [Alameda Research](https://millionrounds.com/fund/alameda-research) *Deploying now* Private equity · Hong Kong SAR China **69** **$2.7M** median round **Mar 2026** last seen
- 22 [Breyer Capital](https://millionrounds.com/fund/breyer-capital) *Deploying now* Private equity · United States **69** **$24M** median round **Oct 2026** last seen
- 23 [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) *Deploying now* Private equity · United States **67** **$28M** median round **Jul 2026** last seen
- 24 [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) *Deploying now* Private equity · United States **64** **$40M** median round **Oct 2026** last seen
- 25 [Taiwania Capital](https://millionrounds.com/fund/taiwania-capital) *Deploying now* Growth equity · Taiwan **60** **$14M** median round **Jul 2026** last seen

**16 more on this list**

All 41 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%2Fpe-firms-app)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)
- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [HSBC](https://millionrounds.com/fund/hsbc)
- **30** Oct **[Complaion](https://millionrounds.com/company/complaion)** Other *Led by* [Eurazeo](https://millionrounds.com/fund/eurazeo)
- **29** Oct **[Solink](https://millionrounds.com/company/solink)** Growth · $100M *With* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- **28** Oct **[Zorit](https://millionrounds.com/company/zorit)** Other · $2.8M *With* [Better Capital](https://millionrounds.com/fund/better-capital)
- **28** Oct **[Maasi](https://millionrounds.com/company/maasi)** Pre-seed · $631K *Led by* [Better Capital](https://millionrounds.com/fund/better-capital)

## Stages This Year

810 rounds

- Venture **24%**
- Debt **16%**
- Series A **11%**
- Seed **11%**
- Other **7%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **259**
- Biotech **61**
- Fintech **60**
- Financial Services **44**
- Aerospace & Space **44**
- Big Data & Analytics **39**

## Cheques by Quarter

Led Joined

253 Q1 25

257 Q2 25

279 Q3 25

323 Q4 25

303 Q1 26

236 Q2 26

161 Q3 26

37 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

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

## Quick answers about PE firms backing Consumer Apps

### Who are the most active PE firms backing Consumer Apps?

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

### How many PE firms backing Consumer Apps are there?

41 are on record. 90% made an investment in the last 12 months and 61% have led a round.

### Which stages do PE firms backing Consumer Apps back?

Of the rounds with a named stage in the last 12 months, mostly Debt (25%) and Series A (17%).

### How big are the rounds PE firms backing Consumer Apps join?

The typical (median) round among the leading investors here is $25M.

### Which sectors do PE firms backing Consumer Apps back most?

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

### Which PE firms backing Consumer Apps lead the most rounds?

General Atlantic (32 led), Goldman Sachs (22 led) and Bond (11 led).

### Where are PE firms backing Consumer Apps based?

Among the most active, most are based in the United States (18), the United Kingdom (2) and France (1).

### What have PE firms backing Consumer Apps invested in recently?

Recent rounds include Nyquis (Seed, Nov 2026, with Pioneer Fund), Neoen (Debt, Oct 2026, with HSBC) and Complaion (Other, Oct 2026, with Eurazeo).

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