21 Top Venture Capital Firms in San Francisco Bay Area 2024

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There's no doubt that the San Francisco/Bay Area is one of the top startup ecosystems in the world. With so much talent, capital, and resources available, it's no wonder why tech entrepreneurs choose to launch their businesses here. 

If you're looking for venture capital (VC) firms to help support your business, the Bay Area has some of the most successful venture capital firms funding some of the most successful startups in the world. This guide will explore 21 of the best VC firms in the San Francisco Bay Area. We'll also provide information on each firm, such as their industry focus and how much they invest. Whether you're just starting out or you've been in business for a while, these firms can help take your company to the next level.

We also recommend checking out our full list of the top venture capital firms.

Best San Francisco/Bay Area VC Firms

San Francisco is competitive for startups, with some of the biggest names in the industry calling the location home. Learn what makes the VC firms below put in the capital to help startups from around the world. 

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1. Blumberg Capital

  • Industries: Technology
  • Stage: Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: $500,000–$5 Million
  • Notable Portfolio Companies: Nutanix, Braze, Fundbox

Blumberg Capital is a technology-focused VC firm that invests in early and late-stage companies. The company believes in creating strong partnerships with the companies they invest in to help them grow, not just fund their projects. Blumberg supports its investments in several ways, including recruiting, business development, marketing, operations, and providing resources. The logo of Blumberg represents both a compass and Leonardo da Vinci's "Flying Sphere," which symbolizes the support Blumberg gives throughout all the ups and downs of entrepreneurship.

2. Advanced Technology Ventures

  • Industries: Infrastructure, consumer tech, medical
  • Stage: Debt, Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: $10 Million–$50 Million
  • Notable Portfolio Companies: Actifo, Gynesonics, Second Genome

Advanced Technology Ventures specializes in the medical field and has more than $1.8 billion under management. Founded in 1979, the company has been helping entrepreneurs turn their innovative ideas into successful companies. The company is based in the Menlo Park area of San Francisco and was created by Dr. Thaddeus when he left another venture capital firm associated with the Rockefeller Family.

3. Mindset Ventures

  • Industries: Technology
  • Stage: Early Stage Venture, Seed
  • Investment Range: $100,000–$500,000
  • Notable Portfolio Companies: Priori, Konnecto, Sizzle

Mindset Ventures has its sights set on companies from the US and Israel, focusing on global technology startups. They believe just as much in the minds of the founders of the companies they invest in as they do the technology itself. They are looking for entrepreneurs with no boundaries and confidence to guide companies into the unknown. Mindset Ventures think of themselves as industry-agnostic but prefer B2B companies in the tech space.

4. Canaan

  • Industries: Healthcare, Technology
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Repool, Mosey, Pin

Canaan is well-known in the San Francisco area for their customer service and recruitment investments. The company has a long history of helping entrepreneurs grow their businesses and create successful companies. The company focuses on helping businesses have a stronger customer experience through new technologies and innovative solutions. The company gathers crucial data on the latest industry trends to help entrepreneurs make the best decisions for their businesses.

5. Costanoa Ventures

  • Industries: Data, Dev, Fintech, Web3
  • Stage: Early Stage Venture, Seed
  • Investment Range: $500,000–$3 Million
  • Notable Portfolio Companies: Highnote, Noyo, Coiled

Costanoa has no problems investing in companies that are just beginning to form. The main focus of the investment group is on technical and product founders with a specialty in rethinking apps and infrastructure related to data, fintech, and Web3. By design, the company only makes a small number of investments a year, so it can apply all its resources to the companies it truly believes in. As a result, Costanoa has the ability to fund a startup throughout the entire lifecycle.

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6. Battery

  • Industries: Technology
  • Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity, Seed
  • Investment Range: $500,000–$50 Million
  • Notable Portfolio Companies: Forterro, Groupon, Glassdoor

Battery has been in operation since 1983 and has committed itself to funding founders and teams from every stage of the growth cycle. Established market leaders, as well as brand new startups, are all considered for funding. Founders of the company are thesis-driven and hardworking, so they seek out operators and founders who believe in the same values. They have outlined a roadmap for entrepreneurs hoping to build their companies fast.

7. Accel

  • Industries: Software, Tech Services
  • Stage: Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: $4 Million–$25 Million
  • Notable Portfolio Companies: Truebill, Etsy, Bumble

Accel is another big name in the venture capital world. They have a wide range of investments in companies such as Truebill, Etsy, and Bumble, and the list of successful exits grows yearly. Companies that can secure funding from Accel automatically are given an extra sense of validation. They are a company that entrepreneurs aspire to work with. Accel has been in business since 1983 and is headquartered in Palo Alto, California.

8. Redpoint Ventures

  • Industries: Blockchain, Consumer, Fintech
  • Stage: Debt, Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: $10 Million–$50 Million
  • Notable Portfolio Companies: Twilio, Stripe, Guild

Redpoint has its sights set on changing the future of the world, and in order to do so, they need to partner with entrepreneurs at the earliest stages of its company. Their portfolio is an impressive list of successful startups like Stripe, Twilio, and Guild. They offer many founder-related resources on their website and a content section filled with important interviews and blog posts on entrepreneurship.

9. Opus Capital

  • Industries: Technology
  • Stage: Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Workboard, Dato, Double Click

Opus Capital has been in the San Francisco area since 2006 and has a strong focus on technology investments. The founders have a 60-year history of working in the area for some of the city's largest companies like AOL, Juniper Networks, Radius, and Decru. They look to accelerate growth for early-stage companies and help them achieve strong and sustainable enterprises. In order to do this, the company facilitates key relationships, provides access to pivotal resources, and helps give advice on strategy, finance, and operations.

10. Citi Ventures

  • Industries: Financial Services
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: $1 Million–$20 Million
  • Notable Portfolio Companies: Cart.com, Doconomy, Homelight 

Citi Ventures is the venture capital arm of Citi Group, headquartered in Menlo Park, California. The firm believes in an outside-in perspective which means they act on signals they get from the market and investigate any new trends in the technology and financial services sector. Once they invest, the firm tests, refines, and launches new solutions with an experimental, business, and product-agnostic approach.

11. True Ventures

  • Industries: Technology
  • Stage: Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: $1 Million–$50 Million
  • Notable Portfolio Companies: MadisonReed, Pendulum

An investment with True Ventures means entrepreneurs will get a partner for the rest of their creative lives. The firm believes relationships are at the core of what they do and support founders for as long as they can, and offer multiple investments into the same projects. True Ventures focuses on products in the technology market and helps entrepreneurs by giving them access to a large network of fellow successful founders to tap into the collective mindshare.

12. Sequoia

  • Industries: Energy, Financial, Enterprise, Healthcare
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: $100,000–$1 Million
  • Notable Portfolio Companies: Figma, DoorDash, Zoom

Sequoia has been at the forefront of the Silicon Valley venture ecosystem since 1972. They invest in companies across various industries, including energy, finance, enterprise, and healthcare. Even though they are based in the Bay Area, Sequoia has a global reach with investments and offices worldwide. The firm's founders include some of the biggest names in the startup world, including Zoom, Otter, Airbnb, and DoorDash.

13. Andreessen Horowitz

  • Industries: Consumer, Enterprise, Healthcare
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: $50 Million–$100 Million
  • Notable Portfolio Companies: Asana, Airbnb, Facebook, Groupon

Probably the biggest venture capital firm in the San Francisco area and possibly the world, Andreessen Horowitz was started by Marc Andreessen and Ben Horowitz. The firm has a portfolio of some of the most successful companies in recent history, including Facebook, Airbnb, and Groupon. In addition, they invest in a wide range of industries such as consumer, enterprise, and healthcare. One thing that makes Andreessen Horowitz different from other firms is that they have a dedicated team that works with their portfolio companies on everything from products to recruiting.

14. Charles River Ventures

  • Industries: Technology
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Airtable, DoorDash, Aviatrix

In operation since 1970, Charles River Ventures has a set of core values that helps drive its investment decisions. They believe the customer is always the boss, make decisions in under 24 hours, invest in early-stage companies, stay committed to their investments, believe in integrity, and believe in listening more than talking. As a result, the company has a very successful investment portfolio that shows how committed they are to its companies.

15. Menlo Ventures

  • Industries: Consumer, Enterprise, Life Science
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: $20 Million–$40 Million
  • Notable Portfolio Companies: Rover, Uber, Roku, HomeLight

Menlo Ventures is another formidable force in the Bay Area venture capital scene. They are one of the most active firms in the late-stage venture space, with companies like Uber and Roku in their portfolio. Menlo Ventures has a team of experienced professionals that work closely with their portfolio companies to help them grow and scale. When the firm invests, they go all in and commit all resources to help entrepreneurs through the highs, lows, and concerns that pop up throughout the growing journey.

16. Spark Capital

  • Industries: Consumer, Commerce, Fintech, Software
  • Stage: Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: $500,000–$25 Million
  • Notable Portfolio Companies: Slack, Coinbase, Twitter

Although not quite as well-known as some of the other venture capital firms on this list, Spark Capital has a portfolio of some of the most recognizable companies in the world. They have investments in consumer, commerce, and software companies like Slack, Coinbase, and Twitter. Spark Capital is one of the few firms that still invests heavily in early-stage startups. The firm has a team of experienced investors who provide valuable resources and insights to help entrepreneurs.

17. Crosslink Capital

  • Industries: Enterprise, Consumer
  • Stage: Early Stage Venture, Seed
  • Investment Range: $1 Million–$9 Million
  • Notable Portfolio Companies: Datastax, Personal Capital, Coupa

Crosslink is looking for entrepreneurs and founders who are creating their own markets and disrupting the markets that have existed for decades. Crosslink's proprietary technology network of more than 2,000 founders, CEOs, and investors set it apart from other venture capital firms. The firm focuses on investments in North America and has over 50 exits, including 17 IPOs.

18. August Capital

  • Industries: Information Technology
  • Stage: Early Stage Venture, Late Stage Venture, Seed
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Hipcamp, Avant, Pubmatic

August Capital has a different approach to venture capital investments than most other companies in the bay area. They choose to invest in fewer enterprises than other companies to provide more resources to all the entrepreneurs they believe in. The firm has operated for over 20 years and currently has over $2 billion under management. In addition, the company offers support in recruiting, funding, customer acquisition, and more.

19. Delphi Ventures

  • Industries: Life Science
  • Stage: Early Stage Venture, Late Stage Venture, Private Equity
  • Investment Range: $5 Million–$20 Million
  • Notable Portfolio Companies: Relypsa, OncoMed, Alder Biopharmaceuticals

Delphi Ventures has a unique story in that they were one of the first venture capital firms to start investing in life science companies. The firm has operated for over 25 years and helps medical companies seek market approval and expand therapeutic access for patients seeking less invasive procedures. The company has had over 125 IPOs and exits in its history and has had 35 different acquisitions since 2005.

20. Emergency Capital

  • Industries: Cloud, SaaS
  • Stage: Early Stage Venture, Late Stage Venture, Private Equity, Seed
  • Investment Range: Undisclosed
  • Notable Portfolio Companies: Zoom, Doximity, Veeva

Emergence Capital invests in entrepreneurs trying to change how the world works. The firm believes that through a small number of investments each year, it can dedicate the proper resources to see the companies they believe in succeed. Emergence is currently focused on AI companies that give humans back power in the race against automation and desk-less workforce applications that transform how the global workforce operates. They also believe the horizontal software trend for companies is over, and vertical-based companies focused on cloud technology are the future.

21. Bessemer Venture Partners

  • Industries: Enterprise, Consumer, Healthcare
  • Stage: Early Stage Venture, Late Stage Venture
  • Investment Range: $50,000–$100 Million
  • Notable Portfolio Companies: Twilio, PagerDuty, Pinterest

Bessemer Venture Partners are fully committed to product-led growth in the software sector, which they believe creates a new category of tools and tech stacks that can drive operational efficiency. The firm has a long history of over 50 years, with 130 different IPOs under its portfolio. They have even created an investment roadmap of how leaders build thriving companies and what entrepreneurs starting out need to do to follow suit.

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