Biggest VCs in the World in terms of investment in 2023 – All You Need to Know
Venture Capital (VC) firms have a significant impact on the landscape of technology and innovation. These organizations provide funding, mentoring, and guidance to entrepreneurs with game-changing ideas, which frequently result in spectacular success.
There are a handful of venture capital behemoths that stand out owing to their remarkable track records and huge assets under management (AUM). So, here are some of the biggest VCs in the world in terms of investment:
Biggest VCs in the World in terms of investment
Sequoia Capital, located in Menlo Park, California, and with $28 billion in assets under management (AUM), is one of the biggest VCs in the world in terms of investment. The mere mention of Sequoia Capital as the lead investor carries tremendous weight, often attracting other investors to the table. Their portfolio includes investments in tech companies such as Apple, Cisco, Google, Instagram, LinkedIn, PayPal, WhatsApp, and Zoom.
Andreessen Horowitz, with a whopping $35 billion in AUM and also based in Menlo Park, CA, maybe a relatively recent entrant to the venture capital scene, having been founded in 2009, but it has swiftly ascended to prominence. Despite its youth, Andreessen Horowitz, often referred to as “a16z,” boasts a portfolio that includes significant investments in industry titans such as Facebook, Groupon, Twitter, and Zynga.
Kleiner Perkins, based in Menlo Park, CA, and celebrating its 51st year in 2023, has a storied history of notable successes. Over the past half-century, this firm has made pivotal early investments in nearly 1,000 technology companies, including renowned names like America Online, Amazon, Electronic Arts, Google, Netscape, Sun Microsystems, and Compaq.
Khosla Ventures is among the biggest VCs in the world in terms of investment, headquartered in Menlo Park, CA, and founded in 2004 by Vinod Khosla, a former general partner at Kleiner Perkins, focuses not only on technology but also on cleantech. Their portfolio includes investments in Stripe, Instacart, DoorDash, and Square.
Battery Ventures, with $13 billion in AUM and located in Boston, MA, has been in operation for four decades, since its establishment in 1983. It is the quintessential VC firm for Boston, investing in application and infrastructure software, consumer, industrial technology, and life sciences. Their portfolio features prominent names like Coinbase, Databricks, Glassdoor, and Groupon.
New Enterprise Associates
New Enterprise Associates (NEA), with $20 billion in AUM, is based in Chevy Chase, MD, setting it apart geographically. However, its nearly 50 years of experience make it a go-to choice for many startups. Their notable investments include Patreon, Plaid, Upstart, and UpWork. It is among the biggest VCs in the world in terms of investment.
Founders Fund is one of the biggest VCs in the world in terms of investment, headquartered in San Francisco, CA, is closely associated with prominent names like Peter Thiel and Sean Parker, founders of firms such as Napster, OpenAI, Palantir, and PayPal. Among their notable investments are Facebook, Airbnb, DeepMind, SpaceX, Stripe, Spotify, and Lyft.
First Round Capital
First Round Capital, with $3 billion in AUM and located in San Francisco, CA, has a distinctive approach of investing at the seed stage. They openly declare that Series B and C firms are already too advanced for their investments. Some of their portfolio highlights include Blue Apron, Rover, Uber, and Warby Parker.