The 10 largest venture capital funds in the world in 2026
According to the Dealroom ranking, the world's 18 largest venture capital funds manage combined assets totaling $621 billion—nearly 40% of the entire global venture capital market.
We have selected the top ten: funds with the largest capital, prominent portfolios, and the greatest influence on the tech agenda. If you follow the world of startups and investments, these names are worth knowing by heart.
1. Andreessen Horowitz a16z — $44 billion under management
Founded in 2009 by Marc Andreessen and Ben Horowitz, the fund was the first in the industry to build a model where investments come bundled with a team of operational experts: in hiring, PR, sales, legal affairs, and regulation.
Today, a16z manages separate funds in eight sectors:
— consumer sector
— enterprise, FinTech
— BioTech
— crypto
— game development
— defense technologies and AI infrastructure.
Among its portfolio companies are Anthropic, Databricks, and Character.AI. It also holds stakes in Coinbase, Airbnb, Stripe, Figma, and Roblox.
2. Insight Partners — $90 billion under management
Insight Partners is the world’s largest venture fund specializing in B2B software. Founded in New York as far back as 1995, it now manages $90 billion in assets and remains the go-to address for SaaS startups seeking funding at Series B and later stages.
The fund’s key feature is its internal Onsite team of more than 300 specialists in sales, marketing, hiring, and mergers. Each portfolio company receives this team as added value to the check. Insight Partners’ track record includes more than 70 IPOs and 200+ M&A deals: among the notable names are Shopify, Twitter, monday.com, Calendly, and SentinelOne.
3. Tiger Global Management — $58.5 billion under management
Tiger Global is a New York-based fund founded in 2001. Today, Tiger Global focuses on AI infrastructure, vertical SaaS, and FinTech — both in the US and in emerging markets. The fund deliberately avoids operational involvement in companies: its competitive advantage is deal-closing speed and global reach. Its portfolio includes Stripe, ByteDance, Spotify, Discord, Flipkart, and Coinbase.
4. Sequoia Capital — $55.7 billion under management
Sequoia Capital is one of the most influential venture funds in the history of the technology industry. Founded in 1972 in Menlo Park, the fund has invested in companies that later became global giants: Apple, Google, YouTube, WhatsApp, Airbnb, Stripe, Nvidia, and others.
Sequoia is known for its ability to identify strong founders at early stages and support them all the way to IPO. The fund’s reputation is so strong that its participation in a round often serves as a quality signal for the entire market and helps startups attract subsequent investors.
5. Legend Capital — $48.1 billion under management
Legend Capital is the venture and growth division of Legend Holdings, the parent company of Lenovo. One of the largest investors in Greater China, the fund operates with both dollar and yuan funds, covering stages from early-stage to buyout.
Its priorities are consumer technology, healthcare, advanced manufacturing, and corporate software. For global founders with a thesis on entering the Chinese market, Legend Capital often proves to be a key partner. Its portfolio includes Pony.ai, Innovent Biologics, Asymchem, and several cross-border rounds in partnership with NIO Capital.
6. Thrive Capital — $37 billion under management
Thrive Capital is one of the most influential next-generation funds in the venture industry. Founded by Joshua Kushner in 2009, the fund bet not on the quantity of investments, but on their quality and long-term partnership with founders.
In 2026, Thrive closed the Thrive X fund with a volume of $10 billion — one of the largest funds in the history of the venture market. Today, Thrive actively invests in AI, FinTech, and the enterprise sector. The fund’s portfolio includes OpenAI, Stripe, Robinhood, Plaid, Discord, Ramp, and Anduril.
7. General Catalyst — $30 billion under management
General Catalyst is one of the most unique and influential venture funds in the world. Founded as a small Seed fund in Cambridge, it has since evolved into a global investor with its own approach to company development and entire industries.
Today, General Catalyst actively invests in AI infrastructure, healthtech, defense and industrial technologies, as well as consumer products. Despite its scale, the fund continues to work with early-stage startups.
8. New Enterprise Associates NEA — $25.9 billion under management
NEA is one of the oldest US venture funds, founded in 1977. Over nearly half a century of operation, the fund has accumulated experience unmatched by anyone: more than 250 companies in healthcare and BioTech, and over 90 medical IPOs. For founders in life sciences, NEA is the first address on the list.
At the same time, the fund remains multi-disciplinary: enterprise, consumer market, and FinTech are also in focus. Its 18th flagship fund was closed in 2023. Its portfolio includes Salesforce, Workday, MongoDB, Cloudflare, Coursera, Duolingo, Tableau, and Robinhood.
9. Lightspeed Venture Partners — $25 billion under management
Lightspeed Venture Partners is a global venture fund that builds international reach without excessive platform overhead. With offices in the US, India, Israel, and Europe, the fund focuses on decision-making speed and access to strong local markets.
One of Lightspeed’s key strengths is India, where the fund has assembled one of the most notable portfolios among US investors, including Byju’s, Udaan, and OYO.
The fund operates at all stages — from early investments to large growth rounds exceeding $100 million through separate structures.
10. Dragoneer Investment Group — $21.7 billion under management
Dragoneer Investment Group is one of the strongest crossover funds operating at the intersection of venture capital and public markets. Founded in San Francisco in 2012, the fund specializes in late-stage investments and often enters companies several years before their IPO, remaining a shareholder even after the company goes public.
Dragoneer’s portfolio includes Snowflake, Spotify, Airbnb, Slack, Figma, DoorDash, Klaviyo, Brex, and Ramp. These are companies that have already become or are becoming key players in their markets, reflecting the fund’s focus on future public leaders.
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