# Regtech lead investors (2026 list)

> 94 regtech lead investors, 91% active in the last 12 months. Led by Sequoia Capital, Andreessen Horowitz, New Enterprise Associates. Ranked by what they funded.

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

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

# Regtech lead investors

Updated 7 November 2026

Firms we have watched lead a round raised by a regtech company in the last two years. Leading is rarer than taking part, and it is the role a founder most needs filled.

[See all 94 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fregtech-lead-investors)The top 25

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

**2,368** cheques in 12 months *+3%* against the market

**$14M** median round they joined *+76%* against the market median

**91%** wrote a cheque in 12 months

**100%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 2 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 3 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen
- 4 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 5 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 6 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen
- 7 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen
- 8 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 9 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 10 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) *Deploying now* VC firm · Canada **685** **$6M** median round **Sept 2026** last seen
- 11 [CRV](https://millionrounds.com/fund/crv) *Deploying now* VC firm · United States **588** **$20M** median round **Oct 2026** last seen
- 12 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 13 [Coatue](https://millionrounds.com/fund/coatue-management) *Deploying now* VC firm · United States **404** **$85M** median round **Oct 2026** last seen
- 14 [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) *Deploying now* VC firm · United States **381** **$10M** median round **Oct 2026** last seen
- 15 [Summit Partners](https://millionrounds.com/fund/summit-partners) *Deploying now* Private equity · United States **356** **$81M** median round **Oct 2026** last seen
- 16 [Peak XV](https://millionrounds.com/fund/peak-xv) *Deploying now* VC firm · United States **317** **$15M** median round **Nov 2026** last seen
- 17 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen
- 18 [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) *Deploying now* VC firm · United States **292** **$75M** median round **Oct 2026** last seen
- 19 [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) *Deploying now* VC firm · United States **205** **$60M** median round **Oct 2026** last seen
- 20 [Picus Capital](https://millionrounds.com/fund/picus-capital) *Deploying now* VC firm · Germany **159** **$10M** median round **Nov 2026** last seen
- 21 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen
- 22 [Airtree Ventures](https://millionrounds.com/fund/airtree) *Deploying now* VC firm · Australia **138** **$12M** median round **Oct 2026** last seen
- 23 [Base10 Partners](https://millionrounds.com/fund/base10-partners) *Deploying now* VC firm · United States **137** **$15M** median round **Oct 2026** last seen
- 24 [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) *Deploying now* VC firm · United States **130** **$15M** median round **Nov 2026** last seen
- 25 [Fin Capital](https://millionrounds.com/fund/fin-capital) *Deploying now* Private equity · United States **120** **$15M** median round **Sept 2026** last seen

**69 more on this list**

All 94 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%2Fregtech-lead-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Uranium Digital](https://millionrounds.com/company/uranium-digital)** Series A · $17M *Led by* [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital)
- **5** Nov **[Kabilio](https://millionrounds.com/company/kabilio)** $11M *Led by* [Picus Capital](https://millionrounds.com/fund/picus-capital)
- **5** Nov **[Finpilot](https://millionrounds.com/company/finpilot)** Series A · $10M *Led by* [Lobby Capital](https://millionrounds.com/fund/lobby-capital)
- **4** Nov **[Nooks](https://millionrounds.com/company/nooks)** Growth · $500M *Led by* [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *Led by* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *Led by* [Peak XV](https://millionrounds.com/fund/peak-xv)

## Stages This Year

1,909 rounds

- Series A **20%**
- Seed **19%**
- Venture **14%**
- Series B **11%**
- Series C **7%**
- Other **29%**

## What They Backed

Sectors, last 12 months

- AI **948**
- Fintech **188**
- Healthcare **107**
- Big Data & Analytics **107**
- Financial Services **97**
- Cybersecurity **94**

## Cheques by Quarter

Led Joined

537 Q1 25

603 Q2 25

670 Q3 25

715 Q4 25

714 Q1 26

625 Q2 26

563 Q3 26

201 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors)
- [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states)
- [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors)
- [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors)
- [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors)
- [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors)
- [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors)
- [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors)
- [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors)

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

## Quick answers about regtech lead investors

### Who are the most active regtech lead investors?

By cheques observed, the most active are Sequoia Capital, Andreessen Horowitz, New Enterprise Associates, General Catalyst and Khosla Ventures.

### How many regtech lead investors are there?

94 are on record. 91% made an investment in the last 12 months and 100% have led a round.

### Which stages do regtech lead investors back?

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

### How big are the rounds regtech lead investors join?

The typical (median) round among the leading investors here is $26M.

### Which sectors do regtech lead investors back most?

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

### Which regtech lead investors lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and Sequoia Capital (91 led).

### Where are regtech lead investors based?

Most of the leading investors here are based in the United States (20 of the top 25); the rest in the United Kingdom and Canada.

### What have regtech lead investors invested in recently?

Recent rounds include Uranium Digital (Series A, Nov 2026, with Blockchain Capital), Kabilio (Nov 2026, with Picus Capital) and Finpilot (Series A, Nov 2026, with Lobby Capital).

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