# PE firms backing Wellness (2026 list) > 35 PE firms backing Wellness, 71% active in the last 12 months. Led by Gaingels, Goldman Sachs, OrbiMed. Ranked by what they funded. Source: https://millionrounds.com/lists/pe-firms-wellness (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # PE firms backing Wellness Updated 7 November 2026 PE firms we have observed in a wellness round in the last two years. [See all 35 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-wellness)The top 25 **35** investors on the list No change this week **686** cheques in 12 months *+4%* against the market **$33M** median round they joined *+313%* against the market median **71%** 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 (23) - 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 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **447** **$71M** median round **Oct 2026** last seen - 4 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen - 5 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen - 6 [K5 Global](https://millionrounds.com/fund/k5-global) *Deploying now* Private equity · United States **199** **$11M** median round **Oct 2026** last seen - 7 [CDH Investments](https://millionrounds.com/fund/cdh-investments) *Deploying now* Private equity · Hong Kong SAR China **190** **$30M** median round **Oct 2026** last seen - 8 [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) *Deploying now* Private equity · United States **176** **$102M** median round **Oct 2026** last seen - 9 [Invus](https://millionrounds.com/fund/invus) *Deploying now* Private equity · United States **148** **$81M** median round **Oct 2026** last seen - 10 [Apollo](https://millionrounds.com/fund/apollo-global-management) *Deploying now* Private equity · United States **114** **$55M** median round **Oct 2026** last seen - 11 [WndrCo](https://millionrounds.com/fund/wndrco) *Deploying now* Private equity · United States **114** **$15M** median round **Sept 2026** last seen - 12 [L Catterton](https://millionrounds.com/fund/l-catterton) *Deploying now* Private equity · United States **110** **$34M** median round **Oct 2026** last seen - 13 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) *Deploying now* Growth equity · United States **96** **$3M** median round **Oct 2026** last seen - 14 [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) *Deploying now* Growth equity · Sri Lanka **87** **$75M** median round **Sept 2026** last seen - 15 [Human Capital](https://millionrounds.com/fund/human-capital-2) *Deploying now* Growth equity · New Zealand **81** **$24M** median round **Oct 2026** last seen - 16 [Blackbird](https://millionrounds.com/fund/blackbird) *Deploying now* Private equity · Australia **25** **$24M** median round **Oct 2026** last seen - 17 [Goldman Sachs Alternatives](https://millionrounds.com/fund/goldman-sachs-alternatives) *Deploying now* Growth equity **24** **$110M** median round **Oct 2026** last seen - 18 [Hostplus](https://millionrounds.com/fund/hostplus) *Deploying now* Private equity · Australia **15** **$100M** median round **Sept 2026** last seen - 19 [ChrysCapital](https://millionrounds.com/fund/chryscapital) *Deploying now* Private equity · United States **8** **$153M** median round **Dec 2025** last seen - 20 [Nextalia Ventures](https://millionrounds.com/fund/nextalia-ventures) quiet Growth equity **3** **$75M** median round **Sept 2025** last seen - 21 [Coefficient Capital](https://millionrounds.com/fund/coefficient-capital) quiet Private equity · United States **2** **$19M** median round **May 2025** last seen - 22 [Paine Schwartz Partners](https://millionrounds.com/fund/paine-schwartz-partners) *Deploying now* Private equity · United States **2** **$26M** median round **Oct 2026** last seen - 23 [Natalia Vodianova Arnault](https://millionrounds.com/fund/natalia-vodianova-arnault) *Deploying now* Growth equity **2** **$400M** median round **Aug 2026** last seen - 24 [Ami Capital](https://millionrounds.com/fund/ami-capital) *Deploying now* Growth equity · United Kingdom **1** **-** median round **Aug 2026** last seen - 25 [OCTAVE Capital](https://millionrounds.com/fund/octave-capital) *Deploying now* Private equity · Singapore **1** **$12M** median round **Oct 2026** last seen **10 more on this list** All 35 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-wellness) ## The Newest Cheques Rounds this list's investors joined most recently - **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [HSBC](https://millionrounds.com/fund/hsbc) - **29** Oct **[Dren Bio](https://millionrounds.com/company/dren-bio)** Other · $350M *With* [OrbiMed](https://millionrounds.com/fund/orbimed) - **29** Oct **[Solink](https://millionrounds.com/company/solink)** Growth · $100M *With* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) - **28** Oct **[American Advanced Materials](https://millionrounds.com/company/american-advanced-materials)** Seed · $13M *With* [Human Capital](https://millionrounds.com/fund/human-capital-2) - **28** Oct **[Noor Nation](https://millionrounds.com/company/noor-nation)** Seed · $1.1M *With* [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) - **27** Oct **[MoSense](https://millionrounds.com/company/mosense)** Seed · $15M *Led by* [CDH Investments](https://millionrounds.com/fund/cdh-investments) ## Stages This Year 635 rounds - Venture **22%** - Debt **15%** - Other **13%** - Series A **12%** - Series B **8%** - Other **31%** ## What They Backed Sectors, last 12 months - AI **180** - Biotech **102** - Fintech **46** - Healthcare **45** - Pharma **39** - Aerospace & Space **38** ## Cheques by Quarter Led Joined 164 Q1 25 168 Q2 25 182 Q3 25 224 Q4 25 231 Q1 26 203 Q2 26 138 Q3 26 30 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 Wellness ### Who are the most active PE firms backing Wellness? By cheques observed, the most active are Gaingels, Goldman Sachs, OrbiMed, General Atlantic and HSBC. ### How many PE firms backing Wellness are there? 35 are on record. 71% made an investment in the last 12 months and 63% have led a round. ### Which stages do PE firms backing Wellness back? Of the rounds with a named stage in the last 12 months, mostly Debt (25%) and Series A (19%). ### How big are the rounds PE firms backing Wellness join? The typical (median) round among the leading investors here is $55M. ### Which sectors do PE firms backing Wellness back most? In the last 12 months, mostly AI, Biotech and Fintech. ### Which PE firms backing Wellness lead the most rounds? General Atlantic (32 led), Goldman Sachs (22 led) and Goldman Sachs Alternatives (13 led). ### Where are PE firms backing Wellness based? Among the most active, most are based in the United States (14), the United Kingdom (2) and Australia (2). ### What have PE firms backing Wellness invested in recently? Recent rounds include Neoen (Debt, Oct 2026, with HSBC), Dren Bio (Other, Oct 2026, with OrbiMed) and Solink (Growth, Oct 2026, with Goldman Sachs). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)