# Who Invests With Ascend: 32 Co-Investors (2026)

> The 32 investors that have backed two or more of the same startups as Ascend, by kind: vc firms, government funds and accelerators. Most often Y Combinator.

Source: https://millionrounds.com/portfolio-maps/ascend-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

25

- [Madrona Venture Group](https://millionrounds.com/fund/madrona)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures)
- [Techstars](https://millionrounds.com/fund/techstars)
- [Cascade Seed Fund](https://millionrounds.com/fund/cascade-seed-fund)
- [Version One Ventures](https://millionrounds.com/fund/version-one)
- [Flying Fish Partners](https://millionrounds.com/fund/flying-fish-partners)
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners)
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures)
- [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management)
- [Gradient](https://millionrounds.com/fund/gradient-ventures)
- [Polychain](https://millionrounds.com/fund/polychain)
- [Powerhouse Ventures](https://millionrounds.com/fund/powerhouse-ventures-limited)
- [Tenaya Capital](https://millionrounds.com/fund/tenaya-capital)
- [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund)
- [First Round Capital](https://millionrounds.com/fund/first-round-capital)
- [Founders Fund](https://millionrounds.com/fund/founders-fund)
- [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Maveron](https://millionrounds.com/fund/maveron)
- [Cercano Management](https://millionrounds.com/fund/cercano-management)
- [SOSV](https://millionrounds.com/fund/sosv)

+1 more

## Government funds

4

- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)
- [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank)
- [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program)
- [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland)

## Accelerators

3

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- [Neo](https://millionrounds.com/fund/neo)

## Segment by segment

### VC firms

25 investors

- [**Madrona Venture Group**](https://millionrounds.com/fund/madrona) VC firm United States 10 backed
- [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 8 backed
- [**Liquid 2 Ventures**](https://millionrounds.com/fund/liquid-2-ventures) VC firm United States 6 backed
- [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 5 backed
- [**Cascade Seed Fund**](https://millionrounds.com/fund/cascade-seed-fund) VC firm United States 4 backed
- [**Version One Ventures**](https://millionrounds.com/fund/version-one) VC firm Canada 4 backed
- [**Flying Fish Partners**](https://millionrounds.com/fund/flying-fish-partners) VC firm United States 4 backed
- [**Lightspeed Venture Partners**](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm United States 3 backed

### Government funds

4 investors

- [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 3 backed
- [**Korea Development Bank**](https://millionrounds.com/fund/korea-development-bank) Government fund South Korea 2 backed
- [**Korea Tech Incubator Program For Startup**](https://millionrounds.com/fund/tips-program) Government fund South Korea 2 backed
- [**Enterprise Ireland**](https://millionrounds.com/fund/enterprise-ireland) Government fund Ireland 2 backed

### Accelerators

3 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 11 backed
- [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 4 backed
- [**Neo**](https://millionrounds.com/fund/neo) Accelerator United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as Ascend, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Ascend. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **Ascend portfolio map** 62 startups · $823M](https://millionrounds.com/portfolio-maps/ascend-portfolio-map)[Sector portfolio **Ascend's AI portfolio** 29 startups · $355M](https://millionrounds.com/portfolio-maps/ascend-ai-portfolio)[Co-investors **Who invests with Techstars** 991 co-investors](https://millionrounds.com/portfolio-maps/techstars-co-investors)[Co-investors **Who invests with SV Angel** 988 co-investors](https://millionrounds.com/portfolio-maps/sv-angel-co-investors)[Co-investors **Who invests with Andreessen Horowitz** 977 co-investors](https://millionrounds.com/portfolio-maps/andreessen-horowitz-co-investors)[Co-investors **Who invests with Alumni Ventures** 911 co-investors](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-co-investors)

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