# Who Invests With Toba Capital: 16 Co-Investors (2026)

> The 16 investors that have backed two or more of the same startups as Toba Capital, by kind: vc firms and corporate investors. Most often Lerer Hippeau.

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

## VC firms

12

- [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest)
- [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners)
- [Valspring Capital](https://millionrounds.com/fund/valspring-capital)
- [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners)
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)
- [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures)
- [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners)
- [IVP](https://millionrounds.com/fund/ivp)
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [Miramar Ventures](https://millionrounds.com/fund/miramar-venture-partners)
- [*FV* Frost Venture Partners](https://millionrounds.com/fund/frost-venture-partners)

## Corporate investors

4

- [Quest Software](https://millionrounds.com/fund/quest-software)
- [Intel Capital](https://millionrounds.com/fund/intel-capital)
- [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures)
- [GE Ventures](https://millionrounds.com/fund/ge-ventures)

## Segment by segment

### VC firms

12 investors

- [**Lerer Hippeau**](https://millionrounds.com/fund/lerer-hippeau) VC firm United States 3 backed
- [**Norwest Venture Partners**](https://millionrounds.com/fund/norwest) VC firm United States 3 backed
- [**Pelion Venture Partners**](https://millionrounds.com/fund/pelion-venture-partners) VC firm United States 2 backed
- [**Valspring Capital**](https://millionrounds.com/fund/valspring-capital) VC firm United States 2 backed
- [**Primary Venture Partners**](https://millionrounds.com/fund/primary-venture-partners) VC firm United States 2 backed
- [**Insight Partners**](https://millionrounds.com/fund/insight-venture-partners) VC firm United States 2 backed
- [**Sapphire Ventures**](https://millionrounds.com/fund/sapphire-ventures) VC firm United States 2 backed
- [**Adams Street Partners**](https://millionrounds.com/fund/adams-street-partners) VC firm United States 2 backed

### Corporate investors

4 investors

- [**Quest Software**](https://millionrounds.com/fund/quest-software) Corporate investor United States 2 backed
- [**Intel Capital**](https://millionrounds.com/fund/intel-capital) Corporate investor United States 2 backed
- [**Comcast Ventures**](https://millionrounds.com/fund/comcast-ventures) Corporate investor United States 2 backed
- [**GE Ventures**](https://millionrounds.com/fund/ge-ventures) Corporate investor United States 2 backed

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

## More portfolio maps

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

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