# Who Invests With Hercules Capital: 37 Co-Investors (2026)

> The 37 investors that have backed two or more of the same startups as Hercules Capital, by kind: vc firms, private equity and asset managers and growth funds.

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

## VC firms

25

- [Venrock](https://millionrounds.com/fund/venrock)
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [*HT* Hercules Technology Growth Capital](https://millionrounds.com/fund/hercules-technology-growth-capital)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [Casdin Capital](https://millionrounds.com/fund/casdin-capital)
- [Index Ventures](https://millionrounds.com/fund/index-ventures)
- [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners)
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- [Abstract Ventures](https://millionrounds.com/fund/abstract)
- [Cormorant Capital](https://millionrounds.com/fund/cormorant-capital)
- [Wellington Management](https://millionrounds.com/fund/wellington-management)
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)
- [Greylock](https://millionrounds.com/fund/greylock-partners)
- [Accel](https://millionrounds.com/fund/accel)
- [Redmile Group](https://millionrounds.com/fund/redmile-group)
- [Balderton Capital](https://millionrounds.com/fund/balderton-capital)
- [CRV](https://millionrounds.com/fund/crv)
- [Fidelity](https://millionrounds.com/fund/fidelity)
- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Spark Capital](https://millionrounds.com/fund/spark-capital)
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- [Marc Benioff](https://millionrounds.com/fund/marc-benioff)
- [Social Capital](https://millionrounds.com/fund/social-capital)

+1 more

## Private equity and asset managers

9

- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management)
- [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners)
- [OrbiMed](https://millionrounds.com/fund/orbimed)
- [Gaingels](https://millionrounds.com/fund/gaingels)
- [*BC* Bain Capital Life Sciences](https://millionrounds.com/fund/bain-capital-life-sciences)
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management)
- [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors)
- [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford)
- [Blue Owl](https://millionrounds.com/fund/blue-owl)

## Growth funds

3

- [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp)
- [HSBC](https://millionrounds.com/fund/hsbc)
- [Citibank](https://millionrounds.com/fund/citi)

## Segment by segment

### VC firms

25 investors

- [**Venrock**](https://millionrounds.com/fund/venrock) VC firm United States 3 backed
- [**New Enterprise Associates**](https://millionrounds.com/fund/new-enterprise-associates) VC firm United States 3 backed
- [*HT* **Hercules Technology Growth Capital**](https://millionrounds.com/fund/hercules-technology-growth-capital) Investment firm - 3 backed
- [**Bessemer Venture Partners**](https://millionrounds.com/fund/bessemer-venture-partners) VC firm United States 3 backed
- [**Casdin Capital**](https://millionrounds.com/fund/casdin-capital) VC firm United States 3 backed
- [**Index Ventures**](https://millionrounds.com/fund/index-ventures) VC firm United Kingdom 3 backed
- [**Scale Venture Partners**](https://millionrounds.com/fund/scale-venture-partners) VC firm United States 2 backed
- [**Tiger Global Management**](https://millionrounds.com/fund/tiger-global-management) VC firm United States 2 backed

### Private equity and asset managers

9 investors

- [**Cormorant Asset Management**](https://millionrounds.com/fund/cormorant-asset-management) Private equity United States 5 backed
- [**Forbion Capital Partners**](https://millionrounds.com/fund/forbion-capital-partners) Private equity Netherlands 3 backed
- [**OrbiMed**](https://millionrounds.com/fund/orbimed) Private equity United States 3 backed
- [**Gaingels**](https://millionrounds.com/fund/gaingels) Private equity United States 2 backed
- [*BC* **Bain Capital Life Sciences**](https://millionrounds.com/fund/bain-capital-life-sciences) Private equity United States 2 backed
- [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 2 backed
- [**Janus Henderson Investors**](https://millionrounds.com/fund/janus-henderson-investors) Private equity United Kingdom 2 backed
- [**Baillie Gifford**](https://millionrounds.com/fund/baillie-gifford) Asset manager United Kingdom 2 backed

### Growth funds

3 investors

- [**RTW Investments LLC**](https://millionrounds.com/fund/rtw-investments-lp) Growth fund United States 2 backed
- [**HSBC**](https://millionrounds.com/fund/hsbc) Growth fund United Kingdom 2 backed
- [**Citibank**](https://millionrounds.com/fund/citi) Growth fund United States 2 backed

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

## More portfolio maps

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

[Portfolio map **Hercules Capital portfolio map** 46 startups · $7.7B](https://millionrounds.com/portfolio-maps/hercules-capital-portfolio-map)[Sector portfolio **Hercules Capital's Biotech portfolio** 20 startups · $2.7B](https://millionrounds.com/portfolio-maps/hercules-capital-biotech-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)[Co-investors **Who invests with 500 Global** 996 co-investors](https://millionrounds.com/portfolio-maps/500-startups-co-investors)[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)

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