# Web3 & Crypto lead investors (2026 list)

> 204 web3 & Crypto lead investors, 75% active in the last 12 months. Led by 500 Global, Sequoia Capital, Andreessen Horowitz. Ranked by what they funded.

Source: https://millionrounds.com/lists/web3-lead-investors (Millionrounds; every figure on the page links to its filing or article)

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

# Web3 & Crypto lead investors

Updated 7 November 2026

Firms we have watched lead a round raised by a web3 & Crypto company in the last two years. Leading is rarer than taking part, and it is the role a founder most needs filled.

[See all 204 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fweb3-lead-investors)The top 25

**204** investors on the list *+5* this week

**3,173** cheques in 12 months *-6%* against the market

**$12M** median round they joined *+50%* against the market median

**75%** wrote a cheque in 12 months

**100%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 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 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 6 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 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 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 9 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **587** **$30M** median round **Oct 2026** last seen
- 10 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen
- 11 [Foundation Capital](https://millionrounds.com/fund/foundation-capital) *Deploying now* VC firm · United States **550** **$13M** median round **Oct 2026** last seen
- 12 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 13 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen
- 14 [RRE Ventures](https://millionrounds.com/fund/rre-ventures) *Deploying now* VC firm · United States **459** **$13M** median round **Jul 2026** last seen
- 15 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen
- 16 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) *Deploying now* VC firm · United States **407** **$17M** median round **Nov 2026** last seen
- 17 [Coatue](https://millionrounds.com/fund/coatue-management) *Deploying now* VC firm · United States **404** **$85M** median round **Oct 2026** last seen
- 18 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 19 [Speedinvest](https://millionrounds.com/fund/speedinvest) *Deploying now* VC firm · Austria **345** **$6.7M** median round **Nov 2026** last seen
- 20 [SBI Investment](https://millionrounds.com/fund/sbi-investment) *Deploying now* VC firm · Japan **330** **$8.7M** median round **Sept 2026** last seen
- 21 [FirstMark](https://millionrounds.com/fund/firstmark) *Deploying now* VC firm · United States **319** **$20M** median round **Oct 2026** last seen
- 22 [Animoca Brands](https://millionrounds.com/fund/animoca-brands) *Deploying now* Accelerator · Hong Kong SAR China **318** **$5M** median round **Nov 2026** last seen
- 23 [QED Investors](https://millionrounds.com/fund/qed-investors) *Deploying now* VC firm · United States **314** **$29M** median round **Oct 2026** last seen
- 24 [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) *Deploying now* VC firm · United States **292** **$75M** median round **Oct 2026** last seen
- 25 [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) *Deploying now* Family office **240** **$50M** median round **Oct 2026** last seen

**179 more on this list**

All 204 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%2Fweb3-lead-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **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 **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *Led by* [Galaxy](https://millionrounds.com/fund/galaxy)
- **5** Nov **[Lombard Systems](https://millionrounds.com/company/lombard-systems)** Seed · $4M *Led by* [Ethereal Ventures](https://millionrounds.com/fund/ethereal-ventures)
- **5** Nov **[Betski](https://millionrounds.com/company/betski)** Other · $15M *Led by* [Nimbus Capital](https://millionrounds.com/fund/nimbus-capital)
- **5** Nov **[Uranium Digital](https://millionrounds.com/company/uranium-digital)** Series A · $17M *Led by* [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital)

## Stages This Year

2,210 rounds

- Seed **18%**
- Series A **18%**
- Venture **15%**
- Series B **12%**
- Other **8%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **975**
- Fintech **262**
- Web3 & Crypto **209**
- Big Data & Analytics **131**
- Financial Services **130**
- Healthcare **105**

## Cheques by Quarter

Led Joined

795 Q1 25

848 Q2 25

943 Q3 25

1,105 Q4 25

969 Q1 26

871 Q2 26

696 Q3 26

275 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors)
- [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states)
- [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors)
- [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors)
- [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors)
- [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors)
- [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors)
- [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors)
- [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors)

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

## Quick answers about web3 & Crypto lead investors

### Who are the most active web3 & Crypto lead investors?

By cheques observed, the most active are 500 Global, Sequoia Capital, Andreessen Horowitz, New Enterprise Associates and General Catalyst.

### How many web3 & Crypto lead investors are there?

204 are on record. 75% made an investment in the last 12 months and 100% have led a round.

### Which stages do web3 & Crypto lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (24%) and Series A (24%).

### How big are the rounds web3 & Crypto lead investors join?

The typical (median) round among the leading investors here is $27M.

### Which sectors do web3 & Crypto lead investors back most?

In the last 12 months, mostly AI, Fintech and Web3 & Crypto.

### Which web3 & Crypto lead investors lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are web3 & Crypto lead investors based?

Among the most active, most are based in the United States (19), the United Kingdom (1) and Singapore (1).

### What have web3 & Crypto lead investors invested in recently?

Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), T-Therapeutics (Series B, Nov 2026, with F-Prime Capital) and Soter Insure (Series B, Nov 2026, with Galaxy).

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