# VC firms backing B2C (2026 list) > 298 VC firms backing B2C, 97% active in the last 12 months. Led by Techstars, Sequoia Capital, Andreessen Horowitz. Ranked by what they funded. Source: https://millionrounds.com/lists/vc-firms-b2c (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # VC firms backing B2C Updated 7 November 2026 VC firms we have observed in a B2C round in the last two years. [See all 298 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-b2c)The top 25 **298** investors on the list *-9* this week **6,625** cheques in 12 months *-10%* against the market **$7.1M** median round they joined *-12%* against the market median **97%** wrote a cheque in 12 months **59%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen - 2 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen - 3 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen - 4 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen - 5 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 6 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen - 7 [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 - 8 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen - 9 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen - 10 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen - 11 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen - 12 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) *Deploying now* VC firm · France **859** **$4.2M** median round **Nov 2026** last seen - 13 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen - 14 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen - 15 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen - 16 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen - 17 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen - 18 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen - 19 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen - 20 [Greylock](https://millionrounds.com/fund/greylock-partners) *Deploying now* VC firm · United States **719** **$25M** median round **Oct 2026** last seen - 21 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen - 22 [Greycroft](https://millionrounds.com/fund/greycroft) *Deploying now* VC firm · United States **655** **$13M** median round **Nov 2026** last seen - 23 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **587** **$30M** median round **Oct 2026** last seen - 24 [SVB Capital](https://millionrounds.com/fund/svb-capital) *Deploying now* VC firm · United States **564** **$20M** median round **Oct 2026** last seen - 25 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) *Deploying now* VC firm · China **553** **$50M** median round **Nov 2026** last seen **273 more on this list** All 298 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%2Fvc-firms-b2c) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [Greycroft](https://millionrounds.com/fund/greycroft) - **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) - **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - **5** Nov **[Siggy](https://millionrounds.com/company/siggy)** Pre-seed · $6M *Led by* [Village Global](https://millionrounds.com/fund/village-global-2) - **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) - **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Script Capital](https://millionrounds.com/fund/script-capital) ## Stages This Year 4,286 rounds - Seed **20%** - Series A **19%** - Venture **18%** - Series B **9%** - Pre-seed **7%** - Other **27%** ## What They Backed Sectors, last 12 months - AI **1,740** - Fintech **289** - Biotech **283** - Healthcare **270** - Big Data & Analytics **212** - Financial Services **184** ## Cheques by Quarter Led Joined 1,837 Q1 25 1,916 Q2 25 2,035 Q3 25 2,216 Q4 25 2,023 Q1 26 1,775 Q2 26 1,507 Q3 26 502 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 VC firms backing B2C ### Who are the most active VC firms backing B2C? By cheques observed, the most active are Techstars, Sequoia Capital, Andreessen Horowitz, Alumni Ventures and General Catalyst. ### How many VC firms backing B2C are there? 298 are on record. 97% made an investment in the last 12 months and 59% have led a round. ### Which stages do VC firms backing B2C back? Of the rounds with a named stage in the last 12 months, mostly Seed (28%) and Series A (25%). ### How big are the rounds VC firms backing B2C join? The typical (median) round among the leading investors here is $20M. ### Which sectors do VC firms backing B2C back most? In the last 12 months, mostly AI, Fintech and Biotech. ### Which VC firms backing B2C lead the most rounds? Andreessen Horowitz (114 led), General Catalyst (97 led) and Sequoia Capital (91 led). ### Where are VC firms backing B2C 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 France. ### What have VC firms backing B2C invested in recently? Recent rounds include Ocient (Series C, Nov 2026, with Greycroft), Harbinger (Series D+, Nov 2026, with Tiger Global Management) and T-Therapeutics (Series B, Nov 2026, with Tengxun Touzi). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)