Investor Lists

VC firms backing IoT

Updated 7 November 2026

VC firms we have observed in an ioT round in the last two years.

See all 213 →The top 25
213investors on the list-1 this week
3,814cheques in 12 months-8% against the market
$9.5Mmedian round they joined+19% against the market median
92%wrote a cheque in 12 months
57%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. 3General CatalystDeploying nowVC firm · United States1,387$27Mmedian roundNov 2026last seen
  4. 4SV AngelDeploying nowVC firm · United States1,349$18Mmedian roundOct 2026last seen
  5. 5Founders FundDeploying nowVC firm · United States1,122$15Mmedian roundOct 2026last seen
  6. 6Bessemer Venture PartnersDeploying nowVC firm · United States1,038$30Mmedian roundNov 2026last seen
  7. 7SOSVDeploying nowVC firm · United States951$2.5Mmedian roundNov 2026last seen
  8. 8First Round CapitalDeploying nowVC firm · United States807$18Mmedian roundOct 2026last seen
  9. 9BoxGroupDeploying nowVC firm · United States773$18Mmedian roundNov 2026last seen
  10. 10Norwest Venture PartnersDeploying nowVC firm · United States705$25Mmedian roundOct 2026last seen
  11. 11Innovate UKDeploying nowVC firm · United Kingdom704$1.2Mmedian roundOct 2026last seen
  12. 12BDC CapitalDeploying nowVC firm · Canada685$6Mmedian roundSept 2026last seen
  13. 13Bossa InvestDeploying nowVC firm · Brazil657$6.7Mmedian roundOct 2026last seen
  14. 14SeedcampDeploying nowVC firm · United Kingdom519$5Mmedian roundNov 2026last seen
  15. 15Mitsubishi UFJ CapitalDeploying nowVC firm · Japan493$4.7Mmedian roundNov 2026last seen
  16. 16Global Brain CorporationDeploying nowVC firm · Japan480$7.6Mmedian roundSept 2026last seen
  17. 17GSRDeploying nowVC firm · United Kingdom453$6Mmedian roundJun 2026last seen
  18. 18Partech VenturesDeploying nowVC firm · France444$15Mmedian roundOct 2026last seen
  19. 19DCVCDeploying nowVC firm · United States431$29Mmedian roundNov 2026last seen
  20. 20Kleiner PerkinsDeploying nowVC firm · United States398$40Mmedian roundNov 2026last seen
  21. 21Mizuho CapitalDeploying nowVC firm · Japan397$6.5Mmedian roundNov 2026last seen
  22. 22Matrix PartnersDeploying nowVC firm · United States396$19Mmedian roundAug 2026last seen
  23. 23Draper AssociatesDeploying nowVC firm · United States370$6Mmedian roundNov 2026last seen
  24. 24Balderton CapitalDeploying nowVC firm · United Kingdom368$30Mmedian roundOct 2026last seen
  25. 25Inovia CapitalDeploying nowVC firm · Canada328$11Mmedian roundNov 2026last seen
188 more on this list

All 213 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 →

Quick answers about VC firms backing IoT

Who are the most active VC firms backing IoT?

By cheques observed, the most active are Techstars, Andreessen Horowitz, General Catalyst, SV Angel and Founders Fund.

How many VC firms backing IoT are there?

213 are on record. 92% made an investment in the last 12 months and 57% have led a round.

Which stages do VC firms backing IoT 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 IoT join?

The typical (median) round among the leading investors here is $15M.

Which sectors do VC firms backing IoT back most?

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

Which VC firms backing IoT lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and Bessemer Venture Partners (51 led).

Where are VC firms backing IoT based?

Among the most active, most are based in the United States (14), the United Kingdom (4) and Japan (3).

What have VC firms backing IoT invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Humble Robotics (Series A, Nov 2026, with Energy Impact Partners) and Ocient (Series C, Nov 2026, with Boka Capital).

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