# Pre-seed retail investors (2026 list)

> 51 pre-seed retail investors, 96% active in the last 12 months. Led by SV Angel, Lightspeed Venture Partners, Antler. Ranked by what they funded.

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

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

# Pre-seed retail investors

Updated 7 November 2026

Firms we have watched take part in a pre-seed round raised by a retail company in the last two years. Both the stage and the sector are what they did, not what their website says.

[See all 51 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-retail-investors)The top 25

**51** investors on the list No change this week

**727** cheques in 12 months *-11%* against the market

**$2.8M** median round they joined *-65%* against the market median

**96%** wrote a cheque in 12 months

**47%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 2 [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
- 3 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 4 [Bossa Invest](https://millionrounds.com/fund/bossa-invest) *Deploying now* VC firm · Brazil **657** **$6.7M** median round **Oct 2026** last seen
- 5 [SFC Capital](https://millionrounds.com/fund/sfc-capital) *Deploying now* Angel network · United Kingdom **379** **$431K** median round **Nov 2026** last seen
- 6 [Ascension](https://millionrounds.com/fund/ascension) *Deploying now* VC firm · United Kingdom **190** **$3.4M** median round **Oct 2026** last seen
- 7 [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) *Deploying now* VC firm · United States **177** **$2M** median round **Oct 2026** last seen
- 8 [Ada Ventures](https://millionrounds.com/fund/ada-ventures) *Deploying now* VC firm · United Kingdom **94** **$3.2M** median round **Oct 2026** last seen
- 9 [ByFounders](https://millionrounds.com/fund/byfounders) *Deploying now* VC firm · Denmark **71** **$3.6M** median round **Sept 2026** last seen
- 10 [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) *Deploying now* VC firm · United States **61** **$21M** median round **Nov 2026** last seen
- 11 [Red Swan Ventures](https://millionrounds.com/fund/red-swan-ventures) *Deploying now* VC firm · United States **34** **$7.3M** median round **Jun 2026** last seen
- 12 [Movens Capital](https://millionrounds.com/fund/movens-capital) *Deploying now* VC firm · Poland **32** **$1.9M** median round **Jul 2026** last seen
- 13 [Square Peg](https://millionrounds.com/fund/square-peg-2) *Deploying now* VC firm · Australia **31** **$26M** median round **Nov 2026** last seen
- 14 [Finberg](https://millionrounds.com/fund/finberg) *Deploying now* Corporate VC · Türkiye **22** **$3M** median round **Apr 2026** last seen
- 15 [TEN13](https://millionrounds.com/fund/ten13) *Deploying now* VC firm · Australia **8** **$5.5M** median round **Sept 2026** last seen
- 16 [Madica](https://millionrounds.com/fund/madica) *Deploying now* Accelerator · United States **6** **$883K** median round **Oct 2026** last seen
- 17 [Skalata](https://millionrounds.com/fund/skalata) *Deploying now* VC firm · Australia **6** **$1M** median round **Aug 2026** last seen
- 18 [Charge Ventures](https://millionrounds.com/fund/charge-ventures) *Deploying now* VC firm · United States **5** **$12M** median round **Oct 2026** last seen
- 19 [Rethink Ventures](https://millionrounds.com/fund/rethink-ventures) *Deploying now* VC firm · Germany **5** **$3M** median round **Aug 2026** last seen
- 20 [icebreaker.vc](https://millionrounds.com/fund/icebreaker-vc) *Deploying now* VC firm · Finland **4** **$8.8M** median round **Oct 2026** last seen
- 21 [David Singleton](https://millionrounds.com/fund/david-singleton) *Deploying now* VC firm **4** **$15M** median round **Apr 2026** last seen
- 22 [MaRS IAF](https://millionrounds.com/fund/mars-iaf) *Deploying now* VC firm **4** **$4.2M** median round **Oct 2026** last seen
- 23 [Mati Staniszewski](https://millionrounds.com/fund/mati-staniszewski) *Deploying now* VC firm **4** **$14M** median round **Jun 2026** last seen
- 24 [ACE Ventures](https://millionrounds.com/fund/ace-ventures-4) *Deploying now* VC firm · Brazil **3** **$650K** median round **Aug 2026** last seen
- 25 [FUNSES1](https://millionrounds.com/fund/espirito-santo-s-sovereign-fund-funses) *Deploying now* Government · Brazil **3** **$650K** median round **Nov 2025** last seen

**26 more on this list**

All 51 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%2Fpre-seed-retail-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Future Secure AI](https://millionrounds.com/company/future-secure-ai)** Other · $80M *Led by* [Square Peg](https://millionrounds.com/fund/square-peg-2)
- **5** Nov **[Nayara](https://millionrounds.com/company/nayara)** Pre-seed · $522K *Led by* [SFC Capital](https://millionrounds.com/fund/sfc-capital)
- **5** Nov **[Kalepa](https://millionrounds.com/company/kalepa)** Series B · $75M *With* [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital)
- **2** Nov **[Dispatch Network](https://millionrounds.com/company/dispatch-network)** Pre-seed · $527K *Led by* [Antler](https://millionrounds.com/fund/antler)
- **2** Nov **[Hypersonica](https://millionrounds.com/company/hypersonica)** Series B · $112M *Led by* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *With* [Antler](https://millionrounds.com/fund/antler)

## Stages This Year

673 rounds

- Seed **25%**
- Pre-seed **18%**
- Series A **16%**
- Venture **12%**
- Series B **7%**
- Other **21%**

## What They Backed

Sectors, last 12 months

- AI **342**
- Big Data & Analytics **41**
- Fintech **41**
- Healthcare **32**
- Biotech **31**
- Software **29**

## Cheques by Quarter

Led Joined

214 Q1 25

197 Q2 25

238 Q3 25

247 Q4 25

197 Q1 26

210 Q2 26

158 Q3 26

68 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors)
- [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors)
- [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors)
- [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors)
- [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors)
- [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors)
- [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors)
- [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors)
- [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors)

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

## Reading for founders in retail and fashion

- The Brand Gap Marty Neumeier · 2003 3.98 from 5,757 ratings on Goodreads Retail and fashion Company building Innovation About the book THE BRAND GAP is the first book to present a unified theory of brand-building. Whereas most books on branding are weighted toward either a strategic or creative approach, this book shows how both ways of thinking can unite to produce a “charismatic brand”―a brand that customers… On AmazonListen on Audible
- The Hero and the Outlaw: Building Extraordinary Brands Through the Power of Archetypes Margaret Mark · 2001 4.13 from 970 ratings on Goodreads Retail and fashion Company building Moats and competition About the book A brand’s meaning―how it resonates in the public heart and mind―is a company’s most valuable competitive advantage. Yet, few companies really know how brand meaning works, how to manage it, and how to use brand meaning strategically. Written by best-selling author Carol S.… On AmazonListen on Audible
- Logo Design Love: A Guide to Creating Iconic Brand Identities David Airey · 2009 4.20 from 4,263 ratings on Goodreads Retail and fashion Company building About the book There are a lot of books out there that show collections of logos. But David Airey’s “Logo Design Love” is something different: it’s a guide for designers (and clients) who want to understand what this mysterious business is all about. Written in reader-friendly, concise… On AmazonListen on Audible
- How Big Brands Grow What Marketers Dont Know Byron Sharp · 2010 On 40 reading lists at Open Library Retail and fashion About the book "This book provides evidence-based answers to the key questions asked by marketers every day. Tackling issues such as how brands grow, how advertising really works, what price promotions really do and how loyalty programs really affect loyalty, How Brands Grow presents decades… On AmazonListen on AudibleOn Open Library

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=retail&stage=idea).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about pre-seed retail investors

### Who are the most active pre-seed retail investors?

By cheques observed, the most active are SV Angel, Lightspeed Venture Partners, Antler, Bossa Invest and SFC Capital.

### How many pre-seed retail investors are there?

51 are on record. 96% made an investment in the last 12 months and 47% have led a round.

### Which stages do pre-seed retail investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (31%) and Pre-seed (22%).

### How big are the rounds pre-seed retail investors join?

The typical (median) round among the leading investors here is $3.6M.

### Which sectors do pre-seed retail investors back most?

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

### Which pre-seed retail investors lead the most rounds?

Lightspeed Venture Partners (83 led), Square Peg (10 led) and Antler (7 led).

### Where are pre-seed retail investors based?

Among the most active, most are based in the United States (7), the United Kingdom (4) and Brazil (3).

### What have pre-seed retail investors invested in recently?

Recent rounds include Future Secure AI (Other, Nov 2026, with Square Peg), Nayara (Pre-seed, Nov 2026, with SFC Capital) and Kalepa (Series B, Nov 2026, with Inspired Capital Partners).

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