As the world of venture capital continues to evolve, the race to identify the top VC investors with the most assets under management is more competitive than ever. As of December 31, 2023, the following firms have emerged as the leaders in this high-stakes game:
The Top 10 VC Investors: A Closer Look
1. Sequoia Capital – Founded in 1972 and based in Menlo Park, California, Sequoia Capital manages a staggering $226 billion in assets. With a preference for early-stage, growth-stage, and late-stage investments, Sequoia’s most recent high-profile investment was in the healthcare technology company, Carbon Health.
2. Accel – With $65 billion in assets under management, Accel has a long history of investing in companies that disrupt the status quo. Founded in 1983 and based in Palo Alto, California, Accel has a strong focus on early-stage investments. Its most recent investment was in the AI-powered human resources platform, Eightfold AI.
3. Andreessen Horowitz – Founded in 2009 and based in Menlo Park, California, Andreessen Horowitz manages $35 billion in assets. Known for its focus on software, mobile, and internet investments, the firm’s most recent investment was in the cryptocurrency exchange, Coinbase.
4. Kleiner Perkins – With $10 billion in assets under management, Kleiner Perkins has been a major player in the venture capital world since its founding in 1972. Based in Menlo Park, California, the firm has a strong focus on early-stage investments. Its most recent high-profile investment was in the electric vehicle company, Proterra.
5. New Enterprise Associates (NEA) – Founded in 1977 and based in Menlo Park, California, NEA manages $19 billion in assets. With a preference for early-stage, growth-stage, and late-stage investments, NEA’s most recent investment was in the cybersecurity company, Darktrace.
6. Benchmark – With $9 billion in assets under management, Benchmark has a long history of investing in disruptive companies. Founded in 1995 and based in San Francisco, California, Benchmark has a strong focus on early-stage investments. Its most recent investment was in the autonomous vehicle company, Aurora.
7. Bessemer Venture Partners – Founded in 1911 and based in Menlo Park, California, Bessemer Venture Partners manages $8 billion in assets. With a preference for early-stage, growth-stage, and late-stage investments, Bessemer’s most recent investment was in the cloud data warehousing company, Snowflake.
8. Lightspeed Venture Partners – With $7 billion in assets under management, Lightspeed Venture Partners has a strong focus on investing in the next generation of world-changing companies. Founded in 2000 and based in Menlo Park, California, Lightspeed’s most recent investment was in the digital health company, Hims & Hers.
9. GV (formerly Google Ventures) – Founded in 2009 and based in Mountain View, California, GV manages $4.5 billion in assets. With a preference for early-stage, growth-stage, and late-stage investments, GV’s most recent investment was in the biotechnology company, 23andMe.
10. Index Ventures – With $4 billion in assets under management, Index Ventures has a strong focus on investing in technology companies. Founded in 1996 and based in London, England, Index Ventures’ most recent investment was in the fintech company, Revolut.
Nominations Open for the 2024 Disruptor 50 List
As we look to the future, it’s clear that the world of venture capital will continue to play a critical role in funding and supporting the next generation of game-changing companies. In recognition of this, CNBC is now accepting nominations for the 2024 Disruptor 50 list, an annual ranking of the most innovative and disruptive private, venture-backed companies. To be eligible, companies must be privately held, independently owned, and founded no earlier than January 1, 2009. The deadline for submission is February 16, 2024, and there is a one-time application fee of $795. With so many exciting companies on the horizon, the race to be named a Disruptor 50 honoree is sure to be fierce. Don’t miss your chance to be a part of this prestigious list.
A Changing Landscape
As the top VC investors continue to drive innovation and shape the future of business, it’s clear that the landscape of venture capital is constantly evolving. With new technologies, new markets, and new challenges emerging every day, the race to stay ahead of the curve has never been more intense. For those companies with the vision, the passion, and the drive to make a difference, the rewards are immense. And for the venture capital firms that support them, the potential for growth and success is truly limitless.
In summary, the world of venture capital is more competitive than ever, with the top 10 VC investors managing a combined total of over $450 billion in assets. These firms are driving innovation and funding the next generation of game-changing companies, with a strong focus on early-stage and growth-stage investments. At the same time, CNBC is now accepting nominations for the 2024 Disruptor 50 list, highlighting the importance of innovation and disruption in the world of business. As the landscape of venture capital continues to evolve, the potential for growth and success is truly limitless.
