18 Top Silicon Valley Venture Capital Firms 2024

Silicon Valley is known as the heart of entrepreneurship and startup capital funding, especially when it comes to new innovative technologies that are transforming our way of life. We’re going to look at some of the most prominent VC firms in Silicon Valley, as well as the industries and verticals they invest in, the growth stages they invest in, and notable companies that were or still are in their portfolios. 

Disclaimer: With so many venture capital firms around the world, we aren’t able to cover them all. Furthermore, the following VC firms are not officially ranked and are listed in no particular order.

• Location: Palo Alto, California
• Industries: Biotech, Healthcare, Sustainable Technology, Life Sciences, Tech
• Stage: All Growth Stages
• Notable Portfolio Companies: Plug Power, ChemoCentryx, BridgeBio Pharma, IVERIC Bio

Hercules Capital is one of the largest non-bank lenders in the world to VC-backed companies across all stages of growth and development. Their investments are broadly diversified across sectors such as sustainable technology, biotech, healthcare, and life sciences. Seen as an industry leader in the venture capital investment space, Hercules Capital has extensive connections, sector expertise, and a broad geographical presence, allowing them to work closely with its founders and help them reach growth and expansion milestones. 

• Location: Foster City, California
• Industries: Artificial Intelligence, Ecommerce, Healthcare, Software, Internet, Biotech, Information Technology
• Stage: Early Stage, Seed, Pre-Series A, Series A
• Notable Portfolio Companies: Wyre, Scout, Node, Hims & Hers, Marble

UpHonest Capital is a global venture capital firm that gives entrepreneurs all over the world the capital and investment they need to kick their companies off the ground and gain a competitive edge from the very beginning of their journey. Since 2016, they’ve invested in a variety of different startup companies and given their founders the support and mentorship required to bring their visions and goals to fruition. 

• Location: Menlo Park, California
• Industries: Software, Information Technology, Internet, Ecommerce, Enterprise Software, Mobile, Healthcare
• Stage:  Early-Stage Venture, Seed, Growth
• Notable Portfolio Companies: Google, NVIDIA, Apple, Drift, Unity, WhatsApp, Blinkit, GitHub, Zomato, Sunrun

Sequoia Capital is a venture capital firm that invests in founders building startup companies within the financial, healthcare, internet, energy, and mobile verticals. Rather than taking on a large number of investors at once, Sequoia is known for taking on a smaller number of brave, driven founders and helping them push the boundaries of what’s possible in their respective marketplaces. Since its founding in 1972 by Don Valentine, Sequoia Capital has stayed true to its investment thesis and continues to fund promising companies that show potential for massive growth. 

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• Location: Menlo Park, California
• Industries: Software, Social Media, Back-End Infrastructure, Internet, Enterprise Software & Services, Cloud Computing, Business Internet, Consumer Internet, Data Storage, Consumer Electronics, Networking, Biotech Software, Computational Medicine, Digital Therapeutics, Life Sciences
• Stage: All Growth Stages
• Notable Portfolio Companies: Coinbase, Lyft, GitHub, Roblox, Twitter, Reddit, Groupon, Airbnb, Box, PagerDuty

Andreessen Horowitz is a very familiar name in Silicon Valley. This VC firm specializes in investments within the technology sector, specifically software companies. Founded by Ben Horowitz and Marc Andreessen in 2009, Andreessen Horowitz invests in startups in any growth stage, helping them receive the capital they need to expand their business and break into further areas of their market. Andreessen Horowitz has invested in several prominent companies such as Coinbase, Lyft, GitHub, Twitter, Reddit, and Groupon. 

• Location: Palo Alto, California
• Industries: SaaS, Software, Internet, Ecommerce, Information Technology, Enterprise Software, Analytics
• Stage:  Early-Stage Venture, Late Stage, Seed
• Notable Portfolio Companies: Meta, Razer, Animoca Brands, Atlassian, CrowdStrike, Sunrun, Xero

Accel is a venture capital firm that invests in early and growth stage startup companies worldwide, helping entrepreneurs grow their businesses and reach their goals and milestones. They focus on funding founders who are driven, world-class, and have the grit required to build a category-defining business that significantly impacts their marketplace. In the past, Accel has backed successful companies such as Cloudera, Atlassian, Dropbox, Etsy, Facebook, Spotify, and Slack.

• Location: Palo Alto, California
• Industries: Software, Artificial Intelligence, Information Technology, Internet
• Stage:  Early-Stage Venture, Seed
• Notable Portfolio Companies: Didi, ELEME, Protean Electric, ID R&D, Qunar.com, Next Entertainment

GSR Ventures is a VC firm that invests primarily in early-stage technology startups that are building AI-enabled solutions, enterprise software, healthcare technology, and various consumer platforms. They aim to invest in disruptive businesses and technologies that can potentially disrupt and innovate within multibillion-dollar industries around the world. GSR Ventures currently manages approximately $3 billion across all of its funds combined. 

• Location: Palo Alto, California
• Industries: Software, Enterprise Software, SaaS, Analytics, Information Technology, Artificial Intelligence, Big Data
• Stage:  Early-Stage Venture
• Notable Portfolio Companies: Square, Monday.com, Box, Alteryx, Currencycloud, Sumo Logic, Five9, MuleSoft

Sapphire Ventures is a venture capital firm in the San Francisco Bay Area founded in 1996 that partners with visionary founders, teams, and venture funds to build companies from the ground up. They have been investing resources, capital, and expertise in innovative companies for multiple decades, with a primary focus on software, analytics, big data, and artificial intelligence companies. 

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• Location: Menlo Park, California
• Industries: Fintech, Cryptocurrency, Software, Financial Services, Blockchain, Information Technology
• Stage: Early-Stage Venture, Late-Stage Venture 
• Notable Portfolio Companies: FTX US, Bolt, Carta, Prodigy, Noble Money, Dataform, Relativity Space

Tribe Capital is an early-stage VC firm that specializes in investments within the software, financial services, blockchain, and cryptocurrency verticals. Since its inception in 2018, the firm has invested in over 175+ startup companies, with the goal of amplifying product-market fit early in the growth process and mentoring their founders as they work to grow their businesses. 

• Location: Palo Alto, California
• Industries: Software, Information Technology, Enterprise Software, Healthcare, Ecommerce, Internet, Analytics
• Stage: All Growth Stages
• Notable Portfolio Companies: Opendoor, Jet, Plaid, Casper, Lending Club, TigerConnect

Norwest Venture Partners is a global VC firm that provides growth equity and capital investments in startup companies within the software, information technology, healthcare, internet, and analytics sectors. Since the founding of NVP, they have invested in 800+ different companies and currently partner with over 140+ active companies across their growth equity and venture portfolio, helping them reach their major milestones and growth goals and disrupt their respective industries. 

• Location: Menlo Park, California
• Industries: Software, Information Technology, Enterprise Software, Ecommerce, Internet, Financial Services
• Stage:  Early-Stage Venture, Late-Stage Venture, Private Equity
• Notable Portfolio Companies: Epic Games, FTX, 1Password, Grab, Affirm, Grubhub, Snap

Lightspeed Venture Partners is a venture capital firm that invests in startup companies within the clean technology, enterprise, and consumer market. Since its founding in 2000, LVP has successfully invested in over 1,200+ different companies, of which 215+ have had exits in the last few decades. Overall, Lightspeed Venture Partners is the perfect funding opportunity for founders who wish to get investment from a reputable VC firm in Silicon Valley.

• Location: Menlo Park, California
• Industries: Software, Enterprise Software, Information Technology, Internet, Mobile, SaaS 
• Stage:  All Growth Stages
• Notable Portfolio Companies: Groupon, Wealthsimple, Ribbon Home, Meta, Coinbase, Roblox, Airbnb, Cloudera

Greylock Partners is a venture capital firm that invests in companies at every stage within the enterprise software and consumer software markets as a part of its primary portfolio. They have invested in a variety of companies in the past that have redefined and reshaped their respective markets, such as Airbnb, Apptio, Dropbox, Facebook, LinkedIn, Medium, Nextdoor, and Pandora. 

• Location: Palo Alto, California
• Industries: Software, SaaS, Financial Services, Fintech, Internet
• Stage: Series A, Seed, Series B
• Notable Portfolio Companies: NGINX, DrChrono, Zype, Zipdrug, RocketBAnk, SchoolMint, Acumatica

Runa Capital is a global venture capital firm that was launched in 2010 and seeks to make early-stage investments in rapidly growing startups within the technology sector. They focus specifically on companies being built around cloud technology, complex software such as machine intelligence and middleware, financial technology, educational technology, and digital healthcare.

• Location: Menlo Park, California
• Industries: Transportation, Automotive, Logistics, Software, Internet, Artificial Intelligence
• Stage:  Seed, Series A, Series B, Series C
• Notable Portfolio Companies: Lyft, SpotHero, Outdoorsy, Swvl, KlearNow, Volta Charging, High Definition Vehicle

Autotech Ventures is a VC firm that invests primarily in companies that are innovating and building solutions in the transportation, automotive, and logistics sectors. By working with founders to build connected, autonomous, electrified, and shared vehicles, they are helping create tectonic shifts in the transportation industry worldwide. Vehicle dealerships, parts suppliers, manufacturers, ground logistics firms, parking operators, and road infrastructure providers are all seeing positive impacts from the ground transportation startups Autotech Ventures invests in and mentors. 

• Location: Palo Alto, California
• Industries: Blockchain, Cryptocurrency, Software, Information Technology, Bitcoin, Internet, Digital Media
• Stage:  Early-Stage Venture, Seed
• Notable Portfolio Companies: XREX Inc., Syndicate, Unum ID, OhmniLabs, Quantstamp, Analog

The Outliers Fund is an early-stage venture and seed investment firm and incubator that focuses primarily on new technologies such as the blockchain, cryptocurrency, tokenomics, smart contracts, and additional research in this brand-new realm of digital assets. Originally, “outliers” was a special interest group (SIG) at MIT dedicated to science fiction-inspired research. This eventually led to the founding of Outliers Lab and then the Outliers Funds for blockchain, crypto, and DAOs (decentralized autonomous organizations). 

• Location: San Mateo, California
• Industries: Software, Fintech, Information Technology, SaaS, Financial Services, Health Care, Mobile, Internet
• Stage:  Debt, Early-Stage Venture, Seed
• Notable Portfolio Companies: Ledger, Webflow, Coinbase, ICEYE, Coinbase, Twitch, Wyre, Forge, FITE

Draper Associates is an early-stage venture capital firm that invests in companies that have the potential to fully transform their respective industries. They invest all over the world and provide startup and growth capital to businesses within the gaming, SaaS, cloud computing, media, IoT, finance, and mobile verticals. 

• Location: Palo Alto, California
• Industries: Software, Analytics, Information Technology, Artificial Intelligence, Healthcare, SaaS, Machine Learning
• Stage:  Early-Stage Venture, Seed, Series A
• Notable Portfolio Companies: Uber, Dynamic Yield, Index, Eikon Therapeutics, Zymergen, Plenty, OwnBackup

Innovation Endeavors is a venture capital firm that focuses on helping startup founders and entrepreneurs drive the evolution of their respective industries. They invest in visionary and goal-oriented founders who want to make a difference and be a vehicle for transformation, ushering in innovation and thriving in emerging ecosystems and markets. 

• Location: Menlo Park, California
• Industries: Software, Information Technology, Ecommerce, Internet, Artificial Intelligence, SaaS, Apps
• Stage:  Early-Stage Venture, Late-Stage Venture
• Notable Portfolio Companies: Grab, Airbnb, Peloton, DraftKings, Zendesk, Pandora

GGV Capital is a global VC firm that invests first and foremost in local founders. They are a multi-stage firm that gives founders seed-to-growth investments across the retail, consumer, internet, enterprise, cloud computing, and digital sectors. 

• Location: Menlo Park, California
• Industries: Software, Healthcare, Biotechnology, Information Technology, Medical, Internet, Enterprise Software
• Stage:  Early-Stage Venture, Late-Stage Venture
• Notable Portfolio Companies: Robinhood, Databricks, Uber, FTX, GoodLeap, Cloudflare, MongoDB, Uber, Groupon, Box

New Enterprise Associates is a venture capital firm investing globally in entrepreneurs and startup founders. They provide investment funds for companies across multiple sectors and growth stages and invest primarily in companies within the technology and healthcare industries. New Enterprise Associates has a solid track record of successfully investing in and helping founders scale companies into IPOs and acquisitions.