TLDR:
- Sequoia Capital, Accel, and Andreessen Horowitz are the top three VC investors of 2023 with over $450 billion in assets.
- These firms are driving innovation and funding game-changing companies.
- They are now accepting nominations for CNBC’s 2024 Disruptor 50 list.
The world of venture capital is becoming increasingly competitive as firms strive to identify the top investors with the most assets under management. As of December 31, 2023, the following 10 firms have emerged as the leaders in this high-stakes game:
- Sequoia Capital: Founded in 1972 and based in Menlo Park, California, Sequoia Capital manages $226 billion in assets. The firm focuses on early-stage, growth-stage, and late-stage investments and its recent high-profile investment was in healthcare technology company Carbon Health.
- Accel: With $65 billion in assets under management, Accel has a history of investing in disruptive companies. Founded in 1983 and based in Palo Alto, California, Accel specializes in early-stage investments. Its recent investment was in AI-powered human resources platform Eightfold AI.
- Andreessen Horowitz: Founded in 2009 and based in Menlo Park, California, Andreessen Horowitz manages $35 billion in assets. The firm is known for its focus on software, mobile, and internet investments. Its recent investment was in cryptocurrency exchange Coinbase.
- Kleiner Perkins: With $10 billion in assets under management, Kleiner Perkins has been a major player in the venture capital world since 1972. Based in Menlo Park, California, the firm specializes in early-stage investments. Its recent high-profile investment was in electric vehicle company Proterra.
- New Enterprise Associates (NEA): Founded in 1977 and based in Menlo Park, California, NEA manages $19 billion in assets. The firm focuses on early-stage, growth-stage, and late-stage investments. Its recent investment was in cybersecurity company Darktrace.
- Benchmark: With $9 billion in assets under management, Benchmark has a history of investing in disruptive companies. Founded in 1995 and based in San Francisco, California, Benchmark specializes in early-stage investments. Its recent investment was in autonomous vehicle company Aurora.
- Bessemer Venture Partners: Founded in 1911 and based in Menlo Park, California, Bessemer Venture Partners manages $8 billion in assets. The firm focuses on early-stage, growth-stage, and late-stage investments. Its recent investment was in cloud data warehousing company Snowflake.
- Lightspeed Venture Partners: With $7 billion in assets under management, Lightspeed Venture Partners focuses on investing in the next generation of world-changing companies. Founded in 2000 and based in Menlo Park, California, the firm’s recent investment was in digital health company Hims & Hers.
- GV (formerly Google Ventures): Founded in 2009 and based in Mountain View, California, GV manages $4.5 billion in assets. The firm specializes in early-stage, growth-stage, and late-stage investments. Its recent investment was in biotechnology company 23andMe.
- Index Ventures: With $4 billion in assets under management, Index Ventures focuses on investing in technology companies. Founded in 1996 and based in London, England, the firm’s recent investment was in fintech company Revolut.
These top 10 VC investors are driving innovation and funding game-changing companies. They are now accepting nominations for CNBC’s 2024 Disruptor 50 list, highlighting the ongoing race to disrupt the future and push the boundaries of technology and entrepreneurship.
