# Series B investors based in Washington (2026 list)

> 25 series B investors based in Washington, 84% active in the last 12 months. Led by US Department of Energy, International Finance Corporation, Revolution.

Source: https://millionrounds.com/lists/series-b-investors-based-in-washington (Millionrounds; every figure on the page links to its filing or article)

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

# Series B investors based in Washington

Updated 7 November 2026

Firms with an address in Washington that we have watched take part in a Series B round in the last two years.

[See all 25 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-b-investors-based-in-washington)The top 25

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

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

**$17M** median round they joined *+109%* against the market median

**84%** wrote a cheque in 12 months

**68%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

- 1 [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) *Deploying now* Government · United States **453** **$2M** median round **Sept 2026** last seen
- 2 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen
- 3 [Revolution](https://millionrounds.com/fund/revolution) *Deploying now* VC firm · United States **196** **$7M** median round **Aug 2026** last seen
- 4 [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) *Deploying now* VC firm · United States **141** **$15M** median round **Oct 2026** last seen
- 5 [Village Capital](https://millionrounds.com/fund/village-capital) *Deploying now* Accelerator · United States **129** **$2.3M** median round **Jul 2026** last seen
- 6 [JMI Equity](https://millionrounds.com/fund/jmi-equity) *Deploying now* Private equity · United States **116** **$50M** median round **Sept 2026** last seen
- 7 [Quona Capital](https://millionrounds.com/fund/quona-capital) *Deploying now* VC firm · United States **80** **$16M** median round **Nov 2026** last seen
- 8 [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) *Deploying now* VC firm · United States **71** **$7M** median round **Oct 2026** last seen
- 9 [ABS Capital Partners](https://millionrounds.com/fund/abs-capital-partners) *Deploying now* VC firm · United States **57** **$20M** median round **Sept 2026** last seen
- 10 [Updata Partners](https://millionrounds.com/fund/updata-partners) *Deploying now* VC firm · United States **57** **$22M** median round **Nov 2026** last seen
- 11 [Construct Capital](https://millionrounds.com/fund/construct-capital) *Deploying now* VC firm · United States **49** **$17M** median round **Oct 2026** last seen
- 12 [AAF Management Ltd.](https://millionrounds.com/fund/aaf-management-ltd) *Deploying now* VC firm · United States **43** **$7M** median round **Dec 2025** last seen
- 13 [Zeal Capital Partners](https://millionrounds.com/fund/zeal-capital-partners) *Deploying now* VC firm · United States **41** **$5M** median round **Nov 2026** last seen
- 14 [Anzu Partners](https://millionrounds.com/fund/anzu-partners) *Deploying now* Private equity · United States **35** **$10M** median round **Sept 2026** last seen
- 15 [Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) *Deploying now* VC firm · United States **31** **$20M** median round **Oct 2026** last seen
- 16 [IDB Lab](https://millionrounds.com/fund/idb-lab) *Deploying now* Corporate VC · United States **6** **$11M** median round **Oct 2026** last seen
- 17 [Ardent Venture Partners](https://millionrounds.com/fund/ardent) quiet VC firm · United States **5** **$15M** median round **Jun 2025** last seen
- 18 [Marlinspike](https://millionrounds.com/fund/marlinspike) *Deploying now* VC firm · United States **4** **$71M** median round **Nov 2026** last seen
- 19 [Multiplier Capital](https://millionrounds.com/fund/multiplier-capital) quiet Private credit · United States **3** **$30M** median round **Oct 2025** last seen
- 20 [FINCA International](https://millionrounds.com/fund/finca-international) *Deploying now* VC firm · United States **2** **$24M** median round **Oct 2026** last seen
- 21 [Next Billion Capital Partners](https://millionrounds.com/fund/next-billion-capital-partners) *Deploying now* Growth equity · United States **2** **$20M** median round **Dec 2025** last seen
- 22 [Dcode Capital](https://millionrounds.com/fund/dcode-capital) *Deploying now* VC firm · United States **1** **$25M** median round **Sept 2026** last seen
- 23 [Fundrise](https://millionrounds.com/fund/fundrise) quiet Private equity · United States **1** **$82M** median round **Mar 2025** last seen
- 24 [NFL Players Association](https://millionrounds.com/fund/nfl-players-association) *Deploying now* Accelerator · United States **1** **$375M** median round **Mar 2026** last seen
- 25 [SEAF](https://millionrounds.com/fund/seaf) quiet Private equity · United States **1** **$15M** median round **Sept 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Kalepa](https://millionrounds.com/company/kalepa)** Series B · $75M *Led by* [Updata Partners](https://millionrounds.com/fund/updata-partners)
- **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *With* [Quona Capital](https://millionrounds.com/fund/quona-capital)
- **4** Nov **[Corridian](https://millionrounds.com/company/corridian)** Seed · $38M *With* [Marlinspike](https://millionrounds.com/fund/marlinspike)
- **2** Nov **[Loamy Technologies Inc.](https://millionrounds.com/company/loamy-technologies-inc)** Seed · $6M *Led by* [Zeal Capital Partners](https://millionrounds.com/fund/zeal-capital-partners)
- **31** Oct **[Finfra](https://millionrounds.com/company/finfra)** Series A *With* [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab)
- **29** Oct **[SpendRule](https://millionrounds.com/company/spendrule)** Seed · $4M *With* [Zeal Capital Partners](https://millionrounds.com/fund/zeal-capital-partners)

## Stages This Year

227 rounds

- Venture **17%**
- Grant **15%**
- Series A **14%**
- Seed **14%**
- Debt **11%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **49**
- Energy **32**
- Fintech **28**
- Financial Services **16**
- Cleantech **15**
- Chemicals & Materials **14**

## Cheques by Quarter

Led Joined

61 Q1 25

62 Q2 25

69 Q3 25

82 Q4 25

69 Q1 26

59 Q2 26

60 Q3 26

18 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors based in San Francisco 353](https://millionrounds.com/lists/ai-investors-based-in-san-francisco)
- [AI investors based in New York 345](https://millionrounds.com/lists/ai-investors-based-in-new-york)
- [Seed investors based in San Francisco 273](https://millionrounds.com/lists/seed-investors-based-in-san-francisco)
- [Series A investors based in San Francisco 266](https://millionrounds.com/lists/series-a-investors-based-in-san-francisco)
- [Series A investors based in New York 255](https://millionrounds.com/lists/series-a-investors-based-in-new-york)
- [Seed investors based in New York 227](https://millionrounds.com/lists/seed-investors-based-in-new-york)
- [AI investors based in London 223](https://millionrounds.com/lists/ai-investors-based-in-london)
- [Series B investors based in New York 198](https://millionrounds.com/lists/series-b-investors-based-in-new-york)
- [Fintech investors based in New York 197](https://millionrounds.com/lists/fintech-investors-based-in-new-york)

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

## Quick answers about series B investors based in Washington

### Who are the most active series B investors based in Washington?

By cheques observed, the most active are US Department of Energy, International Finance Corporation, Revolution, Paladin Capital Group and Village Capital.

### How many series B investors based in Washington are there?

25 are on record. 84% made an investment in the last 12 months and 68% have led a round.

### Which stages do series B investors based in Washington back?

Of the rounds with a named stage in the last 12 months, mostly Grant (20%) and Series A (19%).

### How big are the rounds series B investors based in Washington join?

The typical (median) round among the leading investors here is $17M.

### Which sectors do series B investors based in Washington back most?

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

### Which series B investors based in Washington lead the most rounds?

International Finance Corporation (12 led), Paladin Capital Group (10 led) and Quona Capital (10 led).

### What have series B investors based in Washington invested in recently?

Recent rounds include Kalepa (Series B, Nov 2026, with Updata Partners), Enza (Seed, Nov 2026, with Quona Capital) and Corridian (Seed, Nov 2026, with Marlinspike).

### How is this list of series B investors based in Washington ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

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