# Who Invests With Initialized Capital: 194 Co-Investors (2026)

> The 194 investors that have backed two or more of the same startups as Initialized Capital, by kind: vc firms, angels and networks and accelerators.

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

## VC firms

149

- [SV Angel](https://millionrounds.com/fund/sv-angel)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- [FundersClub](https://millionrounds.com/fund/fundersclub)
- [Founders Fund](https://millionrounds.com/fund/founders-fund)
- [Quiet Capital](https://millionrounds.com/fund/quiet-capital)
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures)
- [Felicis](https://millionrounds.com/fund/felicis-ventures)
- [Seven Seven Six](https://millionrounds.com/fund/seven-seven-six)
- [Haystack](https://millionrounds.com/fund/haystack)
- [First Round Capital](https://millionrounds.com/fund/first-round-capital)
- [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins)
- [BoxGroup](https://millionrounds.com/fund/boxgroup)
- [Index Ventures](https://millionrounds.com/fund/index-ventures)
- [CrunchFund](https://millionrounds.com/fund/crunchfund-3)
- [Soma Capital](https://millionrounds.com/fund/soma-capital)
- [*TP* Transpose Platform Management](https://millionrounds.com/fund/transpose-platform-management)
- [Techstars](https://millionrounds.com/fund/techstars)
- [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund)
- [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant)
- [DCVC](https://millionrounds.com/fund/data-collective)

+125 more

## Angels and networks

18

- [*AO* Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian)
- [*GT* Garry Tan](https://millionrounds.com/fund/garry-tan)
- [*SA* Sam Altman](https://millionrounds.com/fund/sam-altman)
- [*PB* Paul Buchheit](https://millionrounds.com/fund/paul-buchheit)
- [*5G* 500 Global](https://millionrounds.com/fund/500-startups)
- [*TB* Tikhon Bernstam](https://millionrounds.com/fund/tikhon-bernstam)
- [*KH* Kevin Hale](https://millionrounds.com/fund/kevin-hale)
- [*AH* Aaron Harris](https://millionrounds.com/fund/aaron-harris)
- [*JA* Jack Abraham](https://millionrounds.com/fund/jack-abraham)
- [*BK* Blake Krikorian](https://millionrounds.com/fund/blake-krikorian)
- [*SM* Simon Murdoch](https://millionrounds.com/fund/daniel-gross)
- [*ES* Emmett Shear](https://millionrounds.com/fund/emmett-shear)
- [*MS* Michael Seibel](https://millionrounds.com/fund/michael-seibel)
- [*MB* Matt Brezina](https://millionrounds.com/fund/matt-brezina)
- [*PT* Peter Thiel](https://millionrounds.com/fund/peter-thiel)
- [*OJ* Oliver Jung](https://millionrounds.com/fund/oliver-jung)
- [*PC* Patrick Collison](https://millionrounds.com/fund/patrick-collison)
- [*HT* Harj Taggar](https://millionrounds.com/fund/harj-taggar)

## Accelerators

9

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [The House Fund](https://millionrounds.com/fund/the-house-fund)
- [Thrive Capital](https://millionrounds.com/fund/thrive-capital)
- [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab)
- [Amino Capital](https://millionrounds.com/fund/amino-capital)
- [Praxis](https://millionrounds.com/fund/praxis)
- [Alliance](https://millionrounds.com/fund/alliance)
- [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first)

## Private equity and asset managers

8

- [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)
- [Gaingels](https://millionrounds.com/fund/gaingels)
- [ACE & Company](https://millionrounds.com/fund/ace-and-company)
- [DST Global](https://millionrounds.com/fund/dst-global)
- [Tuesday Capital](https://millionrounds.com/fund/tuesday-capital)
- [Polygon](https://millionrounds.com/fund/polygon)
- [Altair Capital](https://millionrounds.com/fund/altair-capital-2)
- [Breyer Capital](https://millionrounds.com/fund/breyer-capital)

## Corporate investors

7

- [Google Ventures](https://millionrounds.com/fund/gv)
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures)
- [Digital Garage (TSE: 4819)](https://millionrounds.com/fund/digital-garage-tse-4819)
- [*CV* Citi Ventures](https://millionrounds.com/fund/citi-ventures)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [Coinbase Ventures](https://millionrounds.com/fund/coinbase)

## Family offices

3

- [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)
- [Marc Bell Capital](https://millionrounds.com/fund/marc-bell-capital)
- [Winklevoss Capital](https://millionrounds.com/fund/winklevoss-capital)

## Segment by segment

### VC firms

149 investors

- [**SV Angel**](https://millionrounds.com/fund/sv-angel) VC firm United States 33 backed
- [**Andreessen Horowitz**](https://millionrounds.com/fund/andreessen-horowitz) VC firm United States 24 backed
- [**Liquid 2 Ventures**](https://millionrounds.com/fund/liquid-2-ventures) VC firm United States 19 backed
- [**Alumni Ventures**](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm United States 17 backed
- [**General Catalyst**](https://millionrounds.com/fund/general-catalyst) VC firm United States 12 backed
- [**Lightspeed Venture Partners**](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm United States 10 backed
- [**FundersClub**](https://millionrounds.com/fund/fundersclub) VC firm United States 10 backed
- [**Founders Fund**](https://millionrounds.com/fund/founders-fund) VC firm United States 9 backed

### Angels and networks

18 investors

- [*AO* **Alexis Ohanian**](https://millionrounds.com/fund/alexis-ohanian) Angel investor United States 26 backed
- [*GT* **Garry Tan**](https://millionrounds.com/fund/garry-tan) Angel investor United States 15 backed
- [*SA* **Sam Altman**](https://millionrounds.com/fund/sam-altman) Angel investor United States 10 backed
- [*PB* **Paul Buchheit**](https://millionrounds.com/fund/paul-buchheit) Angel investor United States 10 backed
- [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 8 backed
- [*TB* **Tikhon Bernstam**](https://millionrounds.com/fund/tikhon-bernstam) Angel investor United States 4 backed
- [*KH* **Kevin Hale**](https://millionrounds.com/fund/kevin-hale) Angel investor - 4 backed
- [*AH* **Aaron Harris**](https://millionrounds.com/fund/aaron-harris) Angel investor - 3 backed

### Accelerators

9 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 90 backed
- [**The House Fund**](https://millionrounds.com/fund/the-house-fund) Accelerator United States 2 backed
- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital) Accelerator United States 2 backed
- [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 2 backed
- [**Creative Destruction Lab**](https://millionrounds.com/fund/creative-destruction-lab) Accelerator Canada 2 backed
- [**Amino Capital**](https://millionrounds.com/fund/amino-capital) Accelerator United States 2 backed
- [**Praxis**](https://millionrounds.com/fund/praxis) Accelerator United States 2 backed
- [**Alliance**](https://millionrounds.com/fund/alliance) Accelerator United States 2 backed

### Private equity and asset managers

8 investors

- [**Pioneer Fund**](https://millionrounds.com/fund/pioneer-fund-2) Private equity United States 8 backed
- [**Gaingels**](https://millionrounds.com/fund/gaingels) Private equity United States 5 backed
- [**ACE & Company**](https://millionrounds.com/fund/ace-and-company) Private equity Switzerland 4 backed
- [**DST Global**](https://millionrounds.com/fund/dst-global) Private equity United Kingdom 3 backed
- [**Tuesday Capital**](https://millionrounds.com/fund/tuesday-capital) Asset manager Brazil 2 backed
- [**Polygon**](https://millionrounds.com/fund/polygon) Hedge fund Cayman Islands 2 backed
- [**Altair Capital**](https://millionrounds.com/fund/altair-capital-2) Private equity Singapore 2 backed
- [**Breyer Capital**](https://millionrounds.com/fund/breyer-capital) Private equity United States 2 backed

### Corporate investors

7 investors

- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 10 backed
- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 7 backed
- [**Comcast Ventures**](https://millionrounds.com/fund/comcast-ventures) Corporate investor United States 3 backed
- [**Digital Garage (TSE: 4819)**](https://millionrounds.com/fund/digital-garage-tse-4819) Corporate investor Japan 2 backed
- [*CV* **Citi Ventures**](https://millionrounds.com/fund/citi-ventures) Corporate investor United States 2 backed
- [**Endeavor Catalyst**](https://millionrounds.com/fund/endeavor-catalyst) Corporate investor United States 2 backed
- [**Coinbase Ventures**](https://millionrounds.com/fund/coinbase) Corporate investor United States 2 backed

### Family offices

3 investors

- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital-2) Family office - 3 backed
- [**Marc Bell Capital**](https://millionrounds.com/fund/marc-bell-capital) Family office United States 2 backed
- [**Winklevoss Capital**](https://millionrounds.com/fund/winklevoss-capital) Family office United States 2 backed

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

## More portfolio maps

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

[Portfolio map **Initialized Capital portfolio map** 120 startups · $17B](https://millionrounds.com/portfolio-maps/initialized-capital-portfolio-map)[Sector portfolio **Initialized Capital's AI portfolio** 30 startups · $12B](https://millionrounds.com/portfolio-maps/initialized-capital-ai-portfolio)[Sector portfolio **Initialized Capital's Web3 & Crypto portfolio** 13 startups · $371M](https://millionrounds.com/portfolio-maps/initialized-capital-web3-crypto-portfolio)[Sector portfolio **Initialized Capital's Fintech portfolio** 12 startups · $155M](https://millionrounds.com/portfolio-maps/initialized-capital-fintech-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)

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