Top VCs / December 11, 2023
Asaf Fybish

As a growth marketing expert, Asaf helps startups driving scalable growth through data-driven strategies and innovative marketing techniques.

Top Late Stage VCs to Watch in 2024

Late Stage Venture Capital is incredibly important for growing top startups. Specifically, top VC funding in the late stage is for those startups that have already experienced growth and sales. The point of this funding can also be given to businesses that need a boost in order to turn a profit, although this does not mean that profitable companies are excluded from late stage VCs.


1. Meritech Capital Partners

Year Founded: 1999

HQ: Palo Alto, California, USA

Size: 11-50

Founders: Mike Gordon, Paul Madera, Rob Ward

Meritech Capital Partners is a late-stage VC firm that was founded in 1999 and is currently based in Palo Alto, California. The company provides late-stage investment to startups in the technology sector. In addition to this financial support, the company also provides assistance to startups in more intangible ways.

Since the company was founded just over two decades ago, it has managed a total of five investment funds. These funds have allowed Meritech to make a series of 298 investments in that time. Currently, the company has successfully exited from 119 of its investments.

2. EQT Ventures

Year Founded: 2016

HQ: Stockholm, Sweden

Size: 11-50

Founders: Hjalmar Winbladh, Kees Koolen, Lars Jörnow

EQT Ventures is a Swedish VC firm that was founded in 2016 and is currently based in Stockholn, Sweden. In addition to providing funding to startups across a variety of stages, the company also provides support and mentorship to help their portfolio companies to reach the next level.

Since the business was founded five years ago, it has managed a pair of investment funds. The use of these funds has allowed the company to make a series of 123 investments into growing businesses. So far, the team at EQT has exited from ten investments.

3. Tiger Global Management

Year Founded: 2001

HQ: New York, USA

Size: 101-250

Founders: Chase Coleman

Tiger Global Management is an American VC firm that was founded in 2001 and is currently based in New York, USA. The company provides funding to startups across a variety of different growth stages, including late-stage and mainly focuses on technology related to communications and the internet.

Since the VC firm was founded two decades ago, it has managed a total of eight investment funds. By using these funds, the company has managed to make 687 investments in twenty years. Currently, the company has exited from 103 of its investments.

4. Abingworth

Year Founded: 1973

HQ: London, England

Size: 11-50

Founders: Peter Dicks, Anthony Montagu

Abingworth is a VC firm that was founded in 1973 and is currently based in London, England. The company provides late-stage VC funding, in addition to other types of funding. The firm is exclusively focused on providing investments into life sciences and healthcare, to help make the world a healthier and a happier place.

Since Abingworth was founded decades ago, the company has managed six investment funds. By using these funds, the company has managed to make an impressive amount of investments, totalling 160. So far, the company has only exited from 72 of these investments.

5. August Capital

Year Founded: 1984

HQ: Menlo Park, California, USA

Size: 11-50

Founders: David Marquardt, John Johnston

August Capital is a multi-stage VC firm that was founded in 1984 and is currently based in Menlo Park, California, USA. The company provides late-stage VC funding, in addition to other stages of funding. It selects companies based on the ones that innovate technologically and are backed by commercially aware founders.

Since the business was founded many years ago, it has managed a total of four investment funds. These investment funds have given the business the capability to make 277 investments into new businesses. As it stands, the VC firm has exited from 75 of these investments.

6. IDG Capital

Year Founded: 1992

HQ: Beijing, China

Size: 101-250

Founders: Jim Breyer

IDG Capital is a Chinese VC firm that was founded in 1992 and is currently based in Beijing, China. The company provides late-stage VC funding to startups, in addition to funding across a number of different growth stages. These investments are predominantly focused on the technology sector.

Since the company was founded nearly three decades ago, it has managed a total of five investment funds. This has allowed the company to make a massive amount of investments, totalling 1286. From these investments, the company has currently exited from 137.

7. Alumni Ventures Group

Year Founded: 2013

HQ: Manchester, New Hampshire, USA

Size: 101-250

Founders: Beth Obermiller, Luke Antal, Michael Madden, Mike Collins

Alumni Ventures Group is an American VC firm that was founded in 2013 and is currently based in Manchester, New Hampshire, USA. The company gives opportunities to investors that wouldn't normally have access to VC opportunities. This allows them to make investments through late-stage VC among others.

Since the company was founded eight years ago, it has managed a total of 102 investment funds. From these investment funds, the VC firm has managed to make a total of 834 investments. So far, the company has exited from 62 of these investments.

8. Mizuho Capital

Year Founded: 1983

HQ: Tokyo, Japan

Size: 51-100

Founders: Mizuho Bank

Mizuho Capital is a Japanese VC firm that was founded in 1983 and is currently based in Tokyo, Japan. The company provides funding across both late-stage VC and early-stage VC and is a subsidiary of Mizuho Bank. The company mainly invests in companies in the technology and biotechnology sectors.

Since the company was founded nearly four decades ago, it has managed a total of six investment funds. These funds have allowed the company to make a total of 347 investments in that time. Currently, the business has exited from 49 of these investments.

9. HealthCap

Year Founded: 1996

HQ: Stockholm, Sweden

Size: 11-50

Founders: Bjorn Odlander

HealthCap is a Swedish VC firm that was founded in 1996 and is currently based in Stockholm, Sweden. The company provides funding across the late-stage VC section and early-stage VC. The companies focuses its investment efforts on businesses in the life sciences industry.

Since the VC firm was founded in 1996, it has managed three investment funds. The use of these investment funds has allowed the business to make a total of 96 investments. So far, the business has exited from 31 of its investments.

10. American Express Ventures

Year Founded: 2011

HQ: Palo Alto, California, USA

Size: 11-50

Founders: Harshul Sanghi

American Express Ventures is a VC firm that was founded in 2011 and is currently based in Palo Alto, California, USA. The company is the VC arm of American Express and invests in companies across multiple stages, including multiple efforts in late-stage VC funding to create innovation for businesses and customers.

Since the company was founded a decade ago, it has made a total of 133 investments into growing businesses. Currently, the VC firm has exited from 25 of its investments.

11. GrowthWorks Capital

Year Founded: 1992

HQ: Vancouver, Canada

Size: 11-50

Founders: David Levi

Growthworks Capital is a Canadian VC firm that was founded in 1992 and is currently based in Vancouver, Canada. The company focuses on the management of regional VC funds and provides funding across a variety of different stages, including late-stage VC funding. To help businesses across the country.

Since the company was founded, it has managed a total of two investment funds. The use of these funds has allowed Growthworks Capital to make a total of 128 investments into growing startups. At this time, the company has exited from 42 of its investments.

12. Target Partners

Year Founded: 1999

HQ: Munich, Germany

Size: 11-50

Founders: Berthold von Freyberg, Kurt Muller, Waldemar Jantz

Target Partners is a German VC firm that was founded in 1999 and is currently based in Munich, Germany. The company provides funding for businesses across a variety of different funding stages, including late-stage VC funding. The company focuses its investments into technology companies.

Since the business was founded just over two decades ago, it has managed a total of three investment funds. These funds have allowed Target Partners to make a total of 104 investments. As it stands, the company has exited from 21 of these investments.

13. Signal Peak Ventures

Year Founded: 2001

HQ: Salt Lake City, Utah, USA

Size: 11-50

Founders: Brandon Tidwell

Signal Peak Ventures is an American VC firm that was founded in 2001 and is currently based in Salt Lake City, Utah, USA. The company provides startup funding across multiple stages, including late-stage VC funding. The company focuses on technology startups in telecommunications, internet, SaaS and more.

Since Signal Peak Ventures was founded twenty years ago, the company has managed a total of four investment funds. These funds have given the VC firm the capability to make 61 investments into startups. Currently, the company has exited from ten of its investments.

14. CapitalG

Year Founded: 2013

HQ: Mountain View, California, USA

Size: 51-100

Founders: David Lawee

CapitalG is an American late-stage VC firm that was founded in 2013 and is currently based in Mountain View, California, USA. CapitalG is the growth investment arm of Alphabet, Google's parent company and provides investment into businesses that operate in the technology industry.

Since the company was founded in 2013, it has managed a sole investment fund. From this investment fund, the company has managed to make a series of 92 investments into growing technology companies. Currently, the company has exited from 24 of its investments.

15. Galen Partners

Year Founded: 1990

HQ: Stanford, Connecticut, USA

Size: 11-50

Founders: Bruce Wesson

Galen Partners is an American VC firm that was founded in 1990 and is currently headquartered in Stanford, Connecticut, USA. The company provides late-stage and early-stage VC funding to innovative startups in the healthcare sector.

Since the company was founded just over three decades ago, it has managed a total of three investment funds, with these funds giving the company the capability to make 26 investments. Of these investments, the company has exited from a total of 11 investments.

16. Founders Circle Capital

Year Founded: 2012

HQ: San Francisco, California, USA

Size: 11-50

Founders: Chris Albinson, Ken Loveless, Mark Dempster, Mike Jung

Founders Circle Capital is an American VC firm that was founded in 2012 and is currently based in San Francisco, California, USA. The company provides late-stage funding to startups in across a variety of different industry sectors.

Since the company was founded nine years ago, it has managed a total of three investment funds. Through the use of these funds, the company has managed to make 47 investments. As it stands, the VC firm has successfully exited from 26 of these investments.

17. Shunwei Capital

Year Founded: 2011

HQ: Beijing, China

Size: 11-50

Founders: Jun Lei, Tuck Lye Koh

Shunwei Capital is a Chinese VC firm that was founded in 2011 and is currently based in Beijing, China. The company provides a variety of different funding options, including late-stage VC funding. The VC firm invests in companies that are at the forefront of China's booming internet sector.

Since the firm was founded ten years ago, it has managed a total of 7 investment funds. The use of these funds has given the company the means to make 351 investments. From these investments, the company has currently exited from 29 investments.

18. Helion Venture Partners

Year Founded: 2006

HQ: Port Louis Town, Mauritius

Size: 1-10

Founders: Ashish Gupta

Helion Venture Partners is a VC firm that was founded in 2006 and is currently based in Port Louis Town, Mauritius. The firm makes its investments in consumer and B2B companies that are enabled through the use of technology, with the funding stages covering both early and late-stage VC funding.

Since the VC firm was founded 15 years ago, it has managed a pair of investment funds. From these investment funds, the company has been able to make 139 investments. As it stands, the company has successfully exited from 31 of these businesses.

19. Advanced Technology Ventures

Year Founded: 1979

HQ: Menlo Park, California, USA

Size: 11-50

Founders: Ivan Sutherland, George Kokkinakis, Robert Loewy

Advanced Technology Ventures is an American VC firm that was founded in 1979 and is currently based in Menlo Park, California, USA. The company invests across a variety of different stages and industries, including IT, infrastructure, consumer tech, biotech and medical care.

Since the company was founded, it has managed a total of 6 investment funds. These investment funds have allowed the company to make a total of 249 investments so far. The VC firm has currently exited from 69 of its investments.

20. Nova Founders Capital

Year Founded: 2012

HQ: London, England

Size: 101-250

Founders: Mads Faurholt-Jorgensen, Raphael Strauch, Stefan Bruun

Nova Founders Capital is an English VC firm that was founded in 2012 and is currently headquartered in London, England. The company provides late-stage investment funding, in addition to funding at other stages. The business exclusively focuses on companies in the fintech sector.

Since the company was founded nine years ago, it has managed a sole investment fund. The use of this investment fund has allowed the company to make nine investments. From these investments, the VC firm has exited from two.

21. Salesforce Ventures

Year Founded: 2009

HQ: San Francisco, California, USA

Size: 11-50

Founders: Salesforce

Salesforce Ventures is an American VC firm that was founded in 2009 and is currently based in San Francisco, California, USA. The company serves as the investment arm of the SaaS company, Salesforce. The VC firm focuses its investment efforts on enterprise software.

Since the business was founded, it has managed a total of 13 investment funds. The company has used the money from these funds to make a series of 570 investments. At the present time, Salesforce Ventures has exited from 110 of these investments.


FAQs

What is Late-Stage Venture Capital?

Late-stage venture capital is typically reserved for companies that have exited the startup stage and are starting to see accelerated sales and growth in their market. Like other stages in the investment cycle, they are defined by letter. The most common of these are Series D, E and F investments. Despite this, these funding rounds can go much higher in terms of letters.

How Much Money is Invested in Late-Stage VC?

During 2020, despite the pandemic, there was strong investment activity in terms of late-stage VC. There were 847 funding rounds, which generated a cumulative total of $72.8 Billion invested, which was a large increase on the previous year.

What is the Average Late-Stage VC Deal?

Late-Stage VC funding amounts can vary wildly depending on the company, however, these funding rounds have been known to typically involve total funding amounts of $26 Million.

Top Late Stage VCs to...
Asaf Fybish

As a growth marketing expert, Asaf helps startups driving scalable growth through data-driven strategies and innovative marketing techniques.