# VC firms backing Travel & Hospitality (2026 list)

> 254 VC firms backing Travel & Hospitality, 86% 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-traveltech (Millionrounds; every figure on the page links to its filing or article)

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

# VC firms backing Travel & Hospitality

Updated 7 November 2026

VC firms we have observed in a travel & Hospitality round in the last two years.

[See all 254 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-traveltech)The top 25

**254** investors on the list *-4* this week

**5,646** cheques in 12 months *-11%* against the market

**$6.2M** median round they joined *-22%* against the market median

**86%** 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 [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
- 5 [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
- 6 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 7 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 8 [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
- 9 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 10 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 11 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** 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 [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) *Deploying now* VC firm · United States **834** **$875K** median round **Sept 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 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 19 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) *Deploying now* VC firm · United States **658** **$32M** median round **Nov 2026** last seen
- 20 [Foundation Capital](https://millionrounds.com/fund/foundation-capital) *Deploying now* VC firm · United States **550** **$13M** median round **Oct 2026** last seen
- 21 [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) *Deploying now* VC firm · United States **535** **$15M** median round **Nov 2026** last seen
- 22 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 23 [Founder Collective](https://millionrounds.com/fund/founder-collective) *Deploying now* VC firm · United States **502** **$8M** median round **Sept 2026** last seen
- 24 [HSG](https://millionrounds.com/fund/hsg) *Deploying now* VC firm · Hong Kong SAR China **498** **$31M** median round **Oct 2026** last seen
- 25 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen

**229 more on this list**

All 254 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-traveltech)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[URobotics](https://millionrounds.com/company/urobotics)** Series A · $30M *With* [TS Investment](https://millionrounds.com/fund/ts-investment-2)
- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **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* [F-Prime Capital](https://millionrounds.com/fund/f-prime)
- **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 **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Nauta Capital](https://millionrounds.com/fund/nauta-capital)

## Stages This Year

3,934 rounds

- Seed **21%**
- Series A **19%**
- Venture **17%**
- Series B **9%**
- Pre-seed **7%**
- Other **26%**

## What They Backed

Sectors, last 12 months

- AI **1,690**
- Fintech **282**
- Healthcare **207**
- Big Data & Analytics **199**
- Biotech **197**
- Financial Services **168**

## Cheques by Quarter

Led Joined

1,597 Q1 25

1,689 Q2 25

1,757 Q3 25

1,842 Q4 25

1,853 Q1 26

1,380 Q2 26

1,315 Q3 26

439 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)

## Reading for founders in travel and hospitality

- The Suitcase Entrepreneur Natalie Sisson · 2013 3.87 from 362 ratings on Goodreads Travel and hospitality Company building About the book Everybody has the right to build a business from anywhere and design a lifestyle they love. That’s what this book will teach you to do. If you’ve always thought that having the freedom to do what you want when you want was just a pipe dream, then think again. Right now… On AmazonListen on Audible
- Extreme Teams: Why Pixar, Netflix, Airbnb, and Other Cutting-Edge Companies Succeed Where Most Fail Robert Bruce Shaw · 2017 3.83 from 343 ratings on Goodreads Travel and hospitality Company building About the book Managers want great teams, but most build them around decades-old ideas and practices made popular by companies that have lost their edge. Extreme Teams looks at the new generation of teams driving growth in today’s most innovative firms. They do this by doing things… On AmazonListen on Audible
- High Growth Handbook: Scaling Startups from 10 to 10,000 People [Elad Gil](https://millionrounds.com/person/elad-gil) · 2018 4.08 from 2,833 ratings on Goodreads Travel and hospitality Company building About the book Well-known technology executive and angel investor Elad Gil has worked with high growth tech companies like Airbnb, Twitter, Google, Instacart, Coinbase, Stripe, and Square as they've grown from small companies into global brands. Across all of these break-out companies, a set… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list?role=founder&industry=travel)

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about VC firms backing Travel & Hospitality

### Who are the most active VC firms backing Travel & Hospitality?

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

### How many VC firms backing Travel & Hospitality are there?

254 are on record. 86% made an investment in the last 12 months and 59% have led a round.

### Which stages do VC firms backing Travel & Hospitality 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 Travel & Hospitality join?

The typical (median) round among the leading investors here is $23M.

### Which sectors do VC firms backing Travel & Hospitality back most?

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

### Which VC firms backing Travel & Hospitality lead the most rounds?

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

### Where are VC firms backing Travel & Hospitality 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 Travel & Hospitality invested in recently?

Recent rounds include URobotics (Series A, Nov 2026, with TS Investment), Physicl (Seed, Nov 2026, with Inovia Capital) and Harbinger (Series D+, Nov 2026, with Tiger Global Management).

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