Top 12 Venture Capital Firms Specializing in Analytics Startups

For founders of Analytics and AI startups, finding the right investors is a critical step when preparing to raise capital. You need partners who genuinely understand your specific market, not just general software VCs.

To help with your process, our team at Rho curated this overview of top venture capital firms investing in the data and analytics space. Use this guide to quickly identify relevant investors for your startup.

Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.

Key Takeaways

• Securing venture funding in the analytics space means gaining a strategic partner who understands your market, not just receiving capital.
• Venture capital firms like TRAC, Databricks Ventures, Ascent Venture Partners, and HearstLab are active backers of startups focused on analytics.
• After you close a funding round, Rho helps you manage your capital with fast business banking, corporate cards, and bill pay.

Which VC Firms in Analytics Are Right for Your Stage?

Whether your startup is in its early days or preparing for an exit, it helps to know which investors to talk to. Here’s a quick overview of venture capital firms that invest in analytics companies at each stage.

Pre-seed and Seed VC Firms in Analytics

Pre-seed and seed funding is the earliest capital you'll raise, typically used to validate your idea and build a minimum viable product. For founders at this stage, seed venture capital firms like Neu Venture Capital, ValueStream Ventures, and HearstLab are actively investing in analytics and AI-focused startups.

Early Stage VC Firms in Analytics

Early-stage funding, which includes Series A and B rounds, is meant to help you scale your team, accelerate product development, and establish a strong market presence. Some of the most active early-stage VC firms in the analytics space include Ascent Venture Partners, TRAC, and the corporate venture arm Databricks Ventures.

Late Stage VC Firms in Analytics

Late-stage capital is for established companies looking to expand into new markets, make strategic acquisitions, or prepare for an exit like an IPO. If your company has reached this level of maturity, late-stage venture capital firms such as Lucas Venture Group and McKesson Ventures have a track record of backing companies through growth to exit.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

It's also worth noting that many VC firms invest across multiple stages, from seed to late-stage growth.

Below is a more detailed look at top VC firms investing in analytics, including key details to help you evaluate potential partners. For each firm, you’ll find information on their investment stages, geographic focus, and what makes them a distinct choice for founders.

1. TRAC

TRAC is a quantitative venture capital firm that applies data, math, and collective intelligence to its investment process, aiming to identify and back future unicorns.

The firm invests from seed to late-stage rounds and is distinguished by its analytical approach to finding winners. Its portfolio includes successful companies like the 401(k) platform Human Interest and the sales-readiness unicorn MindTickle, showing a capacity to spot high-growth potential across different sectors.

This firm is a strong potential partner if you are a founder who values a data-informed investment process and can clearly articulate your metrics. Their focus on analytics suggests they are a good fit for startups with a quantitative foundation.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Predictive Analytics
• Geographical presence: San Francisco, California
• Founded: 2020
• Notable portfolio companies: Human Interest, MindTickle, Stoke Space, Chef Robotics
• Portfolio size: 81 investments

You can refer to their website here.

2. Databricks Ventures

As the corporate venture arm of Databricks, Databricks Ventures invests in companies that are shaping the future of data, analytics, and AI. They support founders who share their vision for the modern data stack and are building innovative applications on top of it.

The firm acts as a strategic investor, focusing on startups that can strengthen the Databricks ecosystem, as seen with their investment in dbt Labs. Their portfolio also includes high-profile AI companies like Mistral AI and Perplexity, showing a strong interest in foundational models and AI-native products.

This firm is an ideal partner if your startup is building tools for the data and AI space, especially if your product complements the Databricks platform. They offer capital, deep technical expertise, and a potential path to a strategic partnership.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Artificial Intelligence (AI)
• Geographical presence: San Francisco, California
• Founded: 2021
• Notable portfolio companies: Mistral AI, Perplexity, dbt Labs, Arcion
• Portfolio size: 42 investments

You can refer to their website here.

3. Ascent Venture Partners

Ascent Venture Partners has a long history of backing emerging B2B technology companies, investing in over 100 businesses since 1985. They focus on early-stage ventures, providing capital to help companies establish themselves in the market.

The firm concentrates on B2B tech, with a specific interest in analytics and security startups. Their track record is marked by significant exits, including the ZoomInfo IPO and the acquisition of CloudLock by Cisco, which points to their experience in guiding companies toward major liquidity events.

This firm is a good match if you are a founder of an early-stage B2B tech company, particularly in the data or security space. Their history of guiding portfolio companies to successful acquisitions and IPOs makes them a compelling partner for founders with a clear vision for their exit strategy.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Security, B2B Technology
• Geographical presence: Boston, Massachusetts
• Founded: 1985
• Notable portfolio companies: ZoomInfo, CloudLock, PerspecSys, Revulytics
• Portfolio size: 108 investments

You can refer to their website here.

4. HearstLab

HearstLab is a venture capital firm dedicated to supporting early-stage, tech-enabled startups led by women. They provide capital and resources to help founders build high-growth, sustainable businesses.

The firm’s clear mission to back female founders is its most defining feature, offering a community and support system tailored to their experience. Their portfolio includes fast-growing companies like the beauty and wellness SaaS GlossGenius and infrastructure access company StrongDM, showing their ability to identify strong leaders across different tech sectors.

HearstLab is an excellent choice if you are a woman founder of an early-stage startup in industries like analytics, fintech, or media. Their connection to the global Hearst network provides portfolio companies with unique operational support and distribution advantages.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Analytics, DevOps, FinTech, Information Technology, Marketing, Media and Entertainment
• Geographical presence: New York, New York
• Founded: 2016
• Notable portfolio companies: GlossGenius, StrongDM, PowerToFly, Planet FWD
• Portfolio size: 74 investments

You can refer to their website here.

5. McKesson Ventures

As the corporate venture arm of McKesson Corporation, McKesson Ventures invests in early and growth-stage companies focused on improving healthcare. They provide strategic capital to businesses aiming to solve significant challenges across the health industry.

The firm has a clear focus on healthcare innovation, from biopharma and new service models to data analytics. Their track record is marked by significant exits, including the telehealth platform Amwell’s IPO and the $7.1 billion acquisition of cancer-detection company GRAIL.

This firm is a strong potential partner if you are a founder of a healthcare technology company with a validated product and are preparing to scale. Their experience guiding companies to substantial exits makes them a good fit for founders with a clear vision for acquisition or an IPO.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Early Stage Venture, Late Stage Venture, Private Equity
• Industries of focus: Analytics, Biopharma, Health Care, Service Industry
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable portfolio companies: Accolade, Amwell, GRAIL, Landmark Health
• Portfolio size: 53 investments

You can refer to their website here.

6. Lucas Venture Group

Lucas Venture Group is a long-standing firm that has been investing in technology companies since 1985. They focus on deep tech sectors, including robotics, big data, software analytics, and cybersecurity.

The firm is known for backing companies all the way to major public market exits, with a portfolio that includes Palantir, Dexcom, and Chegg. Their investment strategy spans from seed to late-stage rounds, allowing them to support founders throughout their growth journey.

This firm is a compelling partner if you are building a company in a complex technical field and have ambitions for an IPO or other large-scale exit. Their multi-stage approach makes them a good fit for founders seeking a long-term capital partner.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Robotics, Networking, Software Analytics, Big Data, Cyber Security
• Geographical presence: Menlo Park, California
• Founded: 1985
• Notable portfolio companies: Palantir Technologies, Dexcom, Chegg, Mighty Networks, TransAstra
• Portfolio size: 40 investments

You can refer to their website here.

7. ValueStream Ventures

ValueStream Ventures is a thesis-driven firm based in New York City that invests in early-stage B2B software companies. Their focus is concentrated on data, analytics, and fintech.

The firm has a strong record of guiding companies to successful exits, including the geospatial-analytics startup Descartes Labs and customer-support platform Frame AI. Their portfolio also features the generative AI platform Writer, their first unicorn, showing an eye for high-growth potential.

This firm is a solid choice for founders of early-stage B2B companies in the analytics or fintech industries. If you're looking for a thesis-driven investor with a clear history of successful exits, they are a compelling partner.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Analytics, B2B, FinTech, SaaS
• Geographical presence: New York, New York
• Founded: 2013
• Notable portfolio companies: Writer, Ocrolus, Descartes Labs, Frame AI
• Portfolio size: 61 investments

You can refer to their website here.

8. DataPower Ventures

DataPower Ventures invests in founders building software at the intersection of Applied AI and DeepTech. The firm concentrates on the data, machine learning, and AI ecosystems, backing companies from their earliest stages through growth.

The firm’s portfolio signals a clear focus on backing foundational, category-defining companies. They have invested in AI leaders like OpenAI and Anthropic, as well as other high-profile tech companies like SpaceX and Databricks, and have seen successful exits like FakeSpot's acquisition by Mozilla.

This firm is a strong match if you are a founder with an ambitious, technically complex idea in the AI and data space. If you are building a foundational platform or a product with the potential for massive scale, DataPower Ventures could be a compelling partner.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Artificial Intelligence (AI), Machine Learning
• Geographical presence: New York, New York
• Founded: 2021
• Notable portfolio companies: OpenAI, Anthropic, SpaceX, Databricks, FakeSpot
• Portfolio size: 27 investments

You can refer to their website here.

9. Pereg Ventures

Pereg Ventures is a New York-based venture capital firm that invests across multiple stages, from early rounds to late-stage growth. They concentrate on companies in sectors like analytics, big data, and retail technology.

The firm has a history of backing companies to significant outcomes, highlighted by the acquisition of Crosswise by Oracle. Their portfolio also includes globally recognized companies like the logistics platform Bringg, showing a focus on B2B tech with international reach.

This firm is a good fit if you are a founder of a data-intensive B2B company, particularly in retail or marketing tech. Their willingness to invest from early to late stages makes them a potential long-term partner.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Convertible Note, Early to Late Stage Venture
• Industries of focus: Analytics, Big Data, Retail Technology, Digital Media, Logistics
• Geographical presence: New York, New York
• Founded: 2014
• Notable portfolio companies: Crosswise, Bringg, RetailNext, Onclusive
• Portfolio size: 20 investments

You can refer to their website here.

10. Maxfield Capital

Maxfield Capital is a venture capital firm that invests in early-stage technology companies across the globe. They provide capital from the earliest stages, supporting founders as they build their businesses.

The firm takes a broad approach, investing across various sectors including analytics, big data, and financial services. Their portfolio is diverse, featuring companies like the virtualization software leader Parallels and the health-record platform DrChrono, which indicates an interest in strong business models over a narrow industry focus.

This firm could be a good match if you are an early-stage founder with a company that has global potential, even if it doesn't fit into a single, trendy category. Their flexible investment strategy suits founders looking for a partner with a wide-ranging perspective.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Convertible Note, Debt
• Industries of focus: Analytics, Big Data, Financial Services, Information Technology
• Geographical presence: New York, New York
• Founded: 2013
• Notable portfolio companies: Parallels, DrChrono, Machinio, SimplyCook
• Portfolio size: 43 investments

You can refer to their website here.

11. Neu Venture Capital

Neu Venture Capital is a New York-based firm that backs early-stage companies. They focus on businesses specializing in data visualization, machine learning, and real-time connectivity.

The firm is known for backing future market leaders from their earliest stages, as shown by their seed investments in Datadog and The Trade Desk. Both companies went on to have major IPOs, which highlights Neu's ability to identify foundational companies.

This firm is a good fit if you are a founder of a seed or early-stage startup with a strong technical focus on data. Their history of supporting companies all the way to public offerings makes them a compelling partner for founders with long-term ambitions.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Analytics, Data Visualization, Machine Learning
• Geographical presence: New York, New York
• Founded: 2008
• Notable portfolio companies: Datadog, The Trade Desk, Flurry, PlaceIQ
• Portfolio size: 60 investments

You can refer to their website here.

12. Goldcrest Investments

Goldcrest Investments is a Dallas-based venture capital firm that has been making direct investments in companies since 2006. The firm invests across multiple stages, from seed rounds to late-stage growth.

The firm has a strong track record of backing enterprise software companies that achieve major exits. Their portfolio is marked by high-profile acquisitions, including Yammer by Microsoft and Connectifier by LinkedIn, which signals their ability to identify companies with clear strategic value.

This firm is a compelling choice if you are a founder of an enterprise software or analytics startup with a clear path to acquisition. Their history of successful exits suggests they are a good partner for founders who are building to sell.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Enterprise Software
• Geographical presence: Dallas, Texas
• Founded: 2006
• Notable portfolio companies: Yammer, Practice Fusion, Connectifier, VSCO
• Portfolio size: 24 investments

You can refer to their website here.

What This Tells Us About The VC Scene for Analytics Companies

This overview shows that investor interest in analytics is both deep and broad. For founders, this means you can find capital partners at nearly every point in your company’s journey. The field isn't heavily weighted toward one particular stage; there is significant support for seed and early-stage companies, as well as for those scaling into later growth rounds.

Geographically, most of the firms are located in established technology centers like New York and the San Francisco Bay Area. While not a surprise, this concentration is a practical point to consider as you plan your fundraising outreach. The key takeaway is that a variety of investors are actively funding analytics startups, offering you a solid set of options.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

Raise Confidently with Rho

Fundraising requires significant time and focus, so approaching the right investors from the start is crucial. We hope this list helps you connect with partners who understand your vision for your analytics company.

After you raise, Rho can help you set up your financial stack in minutes. Our platform offers business banking, corporate cards, and bill pay to help you manage your new capital efficiently.

FAQs about Venture Capital Firms Focused on Analytics

Are there top analytics VC firms outside of Silicon Valley and NYC?

Yes, while many top firms are in major hubs, you can find investors in other cities like Boston and Dallas, as shown by Ascent Venture Partners and Goldcrest Investments. Many firms also invest remotely, so geography is not always a barrier.

What do early-stage VC firms look for in an analytics startup?

Early-stage firms want to see a clear problem you're solving, a strong founding team, and early signs of product-market fit. For analytics companies, this often means demonstrating a unique data advantage or a compelling way to generate insights.

How do AI-focused venture capital firms differ from general tech VCs?

AI-focused VCs typically have deeper technical expertise in machine learning and data science. They look for a strong technical moat and a clear path to building a proprietary data asset, which may be less of a focus for generalists.

What are the benefits of working with a corporate venture capital firm?

Corporate VCs, like Databricks Ventures, can offer more than just capital. They often provide deep industry expertise, access to their company’s resources, and potential go-to-market partnerships that can help your startup grow much faster.

How can Rho help after I secure funding from a venture capital firm?

After you raise, Rho helps you manage your new capital with an integrated platform. We provide business banking, corporate cards, and automated bill pay to help you deploy your funds efficiently and scale your operations.