Investor Lists

PE firms backing Web3 & Crypto

Updated 7 November 2026

PE firms we have observed in a web3 & Crypto round in the last two years.

See all 99 →The top 25
99investors on the listNo change this week
1,219cheques in 12 months+2% against the market
$34Mmedian round they joined+319% against the market median
72%wrote a cheque in 12 months
49%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. 6Morgan Stanley Investment ManagementDeploying nowPrivate equity · United States288$56Mmedian roundOct 2026last seen
  7. 7General AtlanticDeploying nowPrivate equity · United States273$127Mmedian roundOct 2026last seen
  8. 8HSBCDeploying nowGrowth equity · United Kingdom234$45Mmedian roundOct 2026last seen
  9. 9K5 GlobalDeploying nowPrivate equity · United States199$11Mmedian roundOct 2026last seen
  10. 10Franklin TempletonDeploying nowPrivate equity · United States198$64Mmedian roundNov 2026last seen
  11. 11Janus Henderson InvestorsDeploying nowPrivate equity · United Kingdom178$115Mmedian roundOct 2026last seen
  12. 12DST GlobalDeploying nowPrivate equity · United Kingdom158$81Mmedian roundOct 2026last seen
  13. 13T. Rowe PriceDeploying nowPrivate equity · United States136$400Mmedian roundNov 2026last seen
  14. 14Smilegate InvestmentDeploying nowGrowth equity · South Korea122$5.4Mmedian roundMay 2026last seen
  15. 15Fin CapitalDeploying nowPrivate equity · United States120$15Mmedian roundSept 2026last seen
  16. 16ApolloDeploying nowPrivate equity · United States114$55Mmedian roundOct 2026last seen
  17. 17WndrCoDeploying nowPrivate equity · United States114$15Mmedian roundSept 2026last seen
  18. 18Galaxy DigitalDeploying nowPrivate equity · United States94$12Mmedian roundSept 2026last seen
  19. 19Space CapitalDeploying nowPrivate equity · Italy79$12Mmedian roundOct 2026last seen
  20. 20Eastern Bell CapitalDeploying nowPrivate equity · China72$15Mmedian roundJul 2026last seen
  21. 21Alpha Wave GlobalDeploying nowPrivate equity · United States70$48Mmedian roundOct 2026last seen
  22. 22Breyer CapitalDeploying nowPrivate equity · United States69$24Mmedian roundOct 2026last seen
  23. 23Ares ManagementDeploying nowGrowth equity · United States68$162Mmedian roundSept 2026last seen
  24. 24Fortress InvestmentDeploying nowPrivate equity · United States61$100Mmedian roundSept 2026last seen
  25. 25SBI GroupDeploying nowGrowth equity57$14Mmedian roundNov 2026last seen
74 more on this list

All 99 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 Web3 & Crypto

Who are the most active PE firms backing Web3 & Crypto?

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

How many PE firms backing Web3 & Crypto are there?

99 are on record. 72% made an investment in the last 12 months and 49% have led a round.

Which stages do PE firms backing Web3 & Crypto back?

Of the rounds with a named stage in the last 12 months, mostly Debt (26%) and Series A (17%).

How big are the rounds PE firms backing Web3 & Crypto join?

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

Which sectors do PE firms backing Web3 & Crypto back most?

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

Which PE firms backing Web3 & Crypto lead the most rounds?

General Atlantic (32 led), Goldman Sachs (22 led) and DST Global (12 led).

Where are PE firms backing Web3 & Crypto based?

Among the most active, most are based in the United States (17), the United Kingdom (3) and China (2).

What have PE firms backing Web3 & Crypto invested in recently?

Recent rounds include Soter Insure (Series B, Nov 2026, with Franklin Templeton), firmly (Series A, Nov 2026, with • Ark Invest) and Nyquis (Seed, Nov 2026, with Pioneer Fund).

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