Investor Lists

VC firms backing Govtech

Updated 7 November 2026

VC firms we have observed in a govtech round in the last two years.

See all 119 →The top 25
119investors on the list+2 this week
4,134cheques in 12 months-8% against the market
$12Mmedian round they joined+54% against the market median
98%wrote a cheque in 12 months
75%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1TechstarsDeploying nowVC firm · United States2,989$1.2Mmedian roundNov 2026last seen
  2. 2Andreessen HorowitzDeploying nowVC firm · United States1,661$27Mmedian roundNov 2026last seen
  3. 3New Enterprise AssociatesDeploying nowVC firm · United States1,610$34Mmedian roundOct 2026last seen
  4. 4Alumni VenturesDeploying nowVC firm · United States1,598$12Mmedian roundNov 2026last seen
  5. 5General CatalystDeploying nowVC firm · United States1,387$27Mmedian roundNov 2026last seen
  6. 6SV AngelDeploying nowVC firm · United States1,349$18Mmedian roundOct 2026last seen
  7. 7Founders FundDeploying nowVC firm · United States1,122$15Mmedian roundOct 2026last seen
  8. 8Bessemer Venture PartnersDeploying nowVC firm · United States1,038$30Mmedian roundNov 2026last seen
  9. 9Index VenturesDeploying nowVC firm · United Kingdom1,027$31Mmedian roundNov 2026last seen
  10. 10FJ LabsDeploying nowVC firm · United States849$11Mmedian roundOct 2026last seen
  11. 11First Round CapitalDeploying nowVC firm · United States807$18Mmedian roundOct 2026last seen
  12. 12BoxGroupDeploying nowVC firm · United States773$18Mmedian roundNov 2026last seen
  13. 13Insight PartnersDeploying nowVC firm · United States765$40Mmedian roundOct 2026last seen
  14. 14Menlo VenturesDeploying nowVC firm · United States740$37Mmedian roundOct 2026last seen
  15. 15AntlerDeploying nowVC firm · United Kingdom729$1Mmedian roundNov 2026last seen
  16. 16FelicisDeploying nowVC firm · United States640$20Mmedian roundNov 2026last seen
  17. 17Liquid 2 VenturesDeploying nowVC firm · United States636$7Mmedian roundOct 2026last seen
  18. 18CRVDeploying nowVC firm · United States588$20Mmedian roundOct 2026last seen
  19. 19BenchmarkDeploying nowVC firm · United States587$30Mmedian roundOct 2026last seen
  20. 20Bain Capital VenturesDeploying nowVC firm · United States524$27Mmedian roundNov 2026last seen
  21. 21B CapitalDeploying nowVC firm · United States495$14Mmedian roundOct 2026last seen
  22. 22Lux CapitalDeploying nowVC firm · United States445$30Mmedian roundNov 2026last seen
  23. 23Madrona Venture GroupDeploying nowVC firm · United States435$14Mmedian roundNov 2026last seen
  24. 24CoatueDeploying nowVC firm · United States404$85Mmedian roundOct 2026last seen
  25. 25Kleiner PerkinsDeploying nowVC firm · United States398$40Mmedian roundNov 2026last seen
94 more on this list

All 119 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about VC firms backing Govtech

Who are the most active VC firms backing Govtech?

By cheques observed, the most active are Techstars, Andreessen Horowitz, New Enterprise Associates, Alumni Ventures and General Catalyst.

How many VC firms backing Govtech are there?

119 are on record. 98% made an investment in the last 12 months and 75% have led a round.

Which stages do VC firms backing Govtech back?

Of the rounds with a named stage in the last 12 months, mostly Seed (28%) and Series A (28%).

How big are the rounds VC firms backing Govtech join?

The typical (median) round among the leading investors here is $20M.

Which sectors do VC firms backing Govtech back most?

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

Which VC firms backing Govtech lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and New Enterprise Associates (73 led).

Where are VC firms backing Govtech based?

Most of the leading investors here are based in the United States (23 of the top 25); the rest in the United Kingdom.

What have VC firms backing Govtech invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Ridgeline), Siggy (Pre-seed, Nov 2026, with Village Global) and firmly (Series A, Nov 2026, with Alumni Ventures).

Built from the rounds we watched, refreshed every night. How we count · Report a correction