Top 12 Venture Capital Firms Specializing in Analytics Startups

For founders of Analytics startups, understanding which venture capital firms invest in your space is a critical step when preparing to raise capital. Knowing the right investors saves time and improves your chances of finding a partner who truly understands your business.

To help, our team at Rho has put together this overview of key VC firms active in the Analytics, AI, and Big Data sectors. We've curated this list to give you a direct look at potential partners for your fundraising process.

Just raised, or about to? Set up your financial stack with Rho in minutes. We provide business banking, corporate cards, and bill pay—all built for startup teams moving fast.

Which VC Firms in Analytics Are Right for Your Stage?

Whether you're an early-stage company or preparing for an exit, knowing the right investors to approach is essential. Here is a brief overview of which VC firms in the analytics sector invest at each stage.

Pre-seed and Seed VC Firms in Analytics

This initial stage is for founders developing their core idea and building a minimum viable product. For analytics startups at this phase, AI-focused venture capital firms like ValueStream Ventures, Neu Venture Capital, and HearstLab are often good partners to approach.

Early Stage VC Firms in Analytics

Early-stage funding, typically Series A and B, helps you scale your team and accelerate growth once you have product-market fit. Some early-stage VC firms with a history in analytics and enterprise technology include Ascent, Pereg Ventures, and TRAC.

Late Stage VC Firms in Analytics

Late-stage rounds provide significant capital for mature companies to expand into new markets or prepare for an exit. Among the late-stage venture capital firms active in this space are McKesson Ventures, Goldcrest Investments, and Lucas Venture Group.

It's also worth noting that many VC firms invest across multiple stages, from seed to exit.

To help you find the right partner, here is our overview of top VC firms focusing on the analytics sector, including key details on their investment stages, geographic focus, and what makes each firm a notable option for founders.

1. TRAC

TRAC is a quantitative venture capital firm based in San Francisco that uses a blend of data, mathematics, and collective intelligence to identify high-potential startups. Their stated goal is to find and support companies on the path to becoming unicorns.

The firm's data-driven methodology is a key feature, allowing them to invest across a wide range of industries, from fintech unicorns like Human Interest to sales-readiness platforms like MindTickle. They are also stage-agnostic, participating in seed, early-stage, and late-stage venture rounds.

This firm is likely a good fit for founders who value a data-centric investment partner and can demonstrate strong metrics. If you are building a company with a clear, scalable model, TRAC’s analytical approach may align well with your vision.

• 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

Databricks Ventures is the corporate venture arm of Databricks, investing in companies that align with its vision for the future of data, analytics, and AI. Their primary goal is to support innovators building on or around the modern data stack.

As a strategic investor, the firm focuses on companies that can strengthen the Databricks ecosystem, as seen with portfolio companies like dbt Labs and Mistral AI. They invest across all stages, from seed to late-stage, and look for deep technical alignment with their own platform.

This firm is an ideal partner if your startup is building a product that complements or integrates with the Databricks platform. Founders seeking a strategic partner with deep technical expertise in the data and AI space will find them a good match.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, Non-Equity Assistance
• 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 is a long-standing firm that has backed emerging B2B technology companies since 1985. They primarily invest in early-stage companies and have built a portfolio of over 100 businesses throughout their history.

The firm concentrates on B2B technology, with a clear focus on sectors like analytics and security. Their track record includes significant exits, such as ZoomInfo's IPO and the acquisition of CloudLock by Cisco, which points to their ability to support companies with strong market potential.

Ascent is a good match for founders of early-stage B2B startups, particularly in the analytics and security industries. If you have a well-defined enterprise strategy and are building a company for a major exit or IPO, their experience could be a great asset.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Security
• Geographical presence: Boston, Massachusetts
• Founded: 1985
• Notable portfolio companies: ZoomInfo, CloudLock, PerspecSys, Revulytics
• Portfolio size: 108 investments
• Number of exits: 50

You can refer to their website here.

4. HearstLab

HearstLab is a venture capital firm that invests in early-stage, tech-enabled startups led by women. Based in New York, the firm is part of the larger Hearst corporation and focuses on providing capital and strategic support to its portfolio companies.

A primary characteristic of the firm is its mission to close the gender gap in venture capital by exclusively backing female founders. They invest at the seed and early stages across a variety of sectors, including Analytics, FinTech, and Media. Their portfolio includes high-growth companies like the beauty and wellness SaaS platform GlossGenius and infrastructure access company StrongDM.

HearstLab is an ideal partner for female founders of tech-enabled businesses. If you are building a company in one of their focus industries and are looking for a partner that provides not just capital but also hands-on support and access to a major media network, this firm is a strong potential match.

• Investment stages: Early Stage Venture, Seed, Venture
• Industries of focus: Analytics, DevOps, FinTech, Information Technology, Marketing, Media and Entertainment
• Geographical presence: New York, New York
• Founded: 2016
• Notable portfolio companies: FreeWill, GlossGenius, StrongDM, PowerToFly
• Portfolio size: 74 investments
• Number of exits: 3

You can refer to their website here.

5. McKesson Ventures

McKesson Ventures is a venture capital firm that invests in early and growth-stage companies working to improve healthcare. As the strategic venture arm of McKesson Corporation, they support businesses that are building the future of care delivery and biopharma.

The firm's deep focus on healthcare is a defining feature, with investments spanning biopharma, care delivery, and health analytics. Their portfolio shows a history of backing companies to significant outcomes, including major IPOs and acquisitions like Amwell and GRAIL.

This firm is a strong potential partner for founders of early to growth-stage healthcare companies, especially those in biopharma or health analytics. If your business could benefit from a strategic investor with deep industry connections, McKesson Ventures is a good fit.

• Investment stages: Early Stage Venture, Late Stage Venture, Private Equity, Venture
• Industries of focus: Health Care, Analytics, Biopharma, Service Industry
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable portfolio companies: Amwell, GRAIL, Accolade, Landmark Health
• Portfolio size: 53 investments
• Number of exits: 13

You can refer to their website here.

6. Lucas Venture Group

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

A key characteristic of the firm is its track record of backing companies to significant public market outcomes, such as data-analytics firm Palantir and ed-tech platform Chegg. Their portfolio demonstrates a clear interest in deep technology and businesses with the potential for large-scale impact.

This firm is a strong potential partner for founders building companies in technically complex fields with high growth ambitions. If your business is in analytics, robotics, or cybersecurity and you are aiming for a major exit, their experience is highly relevant.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Big Data, Robotics, Cybersecurity, E-Commerce
• Geographical presence: Menlo Park, California
• Founded: 1985
• Notable portfolio companies: Palantir Technologies, Dexcom, Chegg, Mighty Networks
• Portfolio size: 40 investments
• Number of exits: 9

You can refer to their website here.

7. ValueStream Ventures

ValueStream Ventures is a thesis-driven firm in New York City that backs early-stage companies. They concentrate their investments in B2B software, data and analytics, and fintech.

The firm has a clear focus on the seed and early venture stages, with a portfolio that includes the generative-AI unicorn Writer. Their track record also features several notable exits, such as the acquisitions of Descartes Labs and Frame AI.

ValueStream is a strong match for founders of early-stage B2B startups in the analytics or fintech space. If you are building a company with a clear path to a major exit or high valuation, their experience is highly relevant.

• 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
• Number of exits: 15

You can refer to their website here.

8. DataPower Ventures

DataPower Ventures is a New York-based firm that backs founders building at the intersection of Applied AI and DeepTech. Their focus is on software companies within the data, machine learning, and artificial intelligence ecosystems.

The firm's portfolio includes some of the most significant companies in the AI space, such as OpenAI, Anthropic, and Databricks. This demonstrates a clear strategy of investing in foundational technology and category-defining businesses.

DataPower is an ideal partner for founders with deep technical expertise and ambitious goals in the AI and data sectors. If you are building a company with the potential for large-scale impact, their portfolio shows they are prepared to back high-growth ventures.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Artificial Intelligence (AI), Machine Learning, DeepTech
• Geographical presence: New York, New York
• Founded: 2021
• Notable portfolio companies: OpenAI, Anthropic, SpaceX, Databricks
• Portfolio size: 27 investments
• Number of exits: 2

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-stage rounds to late-stage growth. They back technology companies in several sectors, with a notable focus on analytics, big data, and retail technology.

The firm’s portfolio shows a clear interest in data-driven businesses, from B2B analytics to consumer-facing retail tech. They have a track record of significant exits, including the acquisition of their portfolio company Crosswise by Oracle.

Pereg Ventures is a good match for founders building technology companies in analytics, retail, or logistics, particularly those with a clear strategy for a major exit. If your startup uses data to solve problems in these industries, their experience could be a strong asset.

• Investment stages: Early Stage Venture, Late Stage Venture, Convertible Note
• Industries of focus: Analytics, Big Data, Retail Technology, Logistics, Digital Media
• Geographical presence: New York, New York
• Founded: 2014
• Notable portfolio companies: Crosswise (acquired by Oracle), Bringg, RetailNext, Onclusive
• Portfolio size: 20 investments
• Number of exits: 7

You can refer to their website here.

10. Maxfield Capital

Maxfield Capital is a New York-based venture firm that invests in early-stage technology companies around the world. They have a clear interest in data-centric businesses, including those in the analytics, big data, and financial services sectors.

The firm shows flexibility in its investment approach, participating in seed and early-stage rounds while also using instruments like convertible notes. Their portfolio is quite diverse, featuring companies like cross-platform software leader Parallels and the iPad-first EHR platform DrChrono.

Maxfield Capital could be a good partner if you are an early-stage founder in a tech-heavy industry like analytics or IT. Their broad focus suggests they are open to strong founding teams with solid technology, even if the business model is unconventional.

• Investment stages: Seed, Early Stage Venture, Convertible Note
• Industries of focus: Analytics, Big Data, Financial Services, Information Technology
• Geographical presence: New York, New York
• Founded: 2013
• Notable portfolio companies: Parallels, DrChrono, Machinio
• Portfolio size: 43 investments
• Number of exits: 14

You can refer to their website here.

11. Neu Venture Capital

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

A key feature of the firm is its history of investing in future market leaders at the seed stage, including Datadog and The Trade Desk. This track record suggests a strong ability to identify foundational companies early on.

This firm is an excellent match for founders of seed-stage startups in data-intensive fields. If you are building a company with ambitions for a major public offering, their experience is highly relevant.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Analytics, Machine Learning, Data Visualization
• Geographical presence: New York, New York
• Founded: 2008
• Notable portfolio companies: Datadog, The Trade Desk, Flurry, PlaceIQ
• Portfolio size: 60 investments
• Number of exits: 22

You can refer to their website here.

12. Goldcrest Investments

Goldcrest Investments is a Dallas-based firm that invests across multiple asset classes, with a venture capital arm focused on technology companies. They provide capital for businesses in enterprise software and analytics.

The firm invests across all stages, from seed to late-stage rounds, and has a strong history of successful exits. Their portfolio includes major acquisitions like Yammer by Microsoft and Connectifier by LinkedIn.

Goldcrest is a good fit for founders building enterprise software or analytics companies with clear potential for a large acquisition. If you are seeking a partner with a proven record of guiding companies to major exits, they are a relevant choice.

• 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
• Number of exits: 9

You can refer to their website here.

What This Tells Us About The VC Scene for Analytics Companies

This overview shows that the investment scene for analytics companies is healthy and well-balanced. You'll find active investors across all funding stages, from firms specializing in seed rounds to partners focused on later-stage growth. This distribution means that whether you are just starting out or are ready to scale, there are potential partners available.

Geographically, investment activity is concentrated in established technology centers like New York and the San Francisco Bay Area. While there are exceptions, this is a practical point for founders, as the greatest density of potential investors remains in these key regions.

The variety of firms also presents different partnership models, from strategic corporate capital to mission-driven support. This gives you options as you consider what kind of investor will best suit your company's needs.

Raise Confidently with Rho

Having a focused list of investors is a significant advantage when you're fundraising. It allows you to direct your time and energy where it matters most, improving your chances of finding the right partner.

If you’ve just raised, Rho can help you set up your financial stack in minutes. We make it simple to get your finances organized immediately after closing your round.

Our platform provides business banking, corporate cards, and automated bill pay, all designed for startups. This helps you manage your new capital efficiently from day one.

FAQs about Venture Capital Firms Focused on Analytics

Which Boston venture capital firms focus on analytics?

Boston has a strong B2B tech scene. Firms like Ascent Venture Partners, mentioned in our list, are based there and have a history of backing enterprise and analytics companies, making it a key city for founders in this space.

What do Series A venture capital firms look for in analytics startups?

At the Series A stage, investors look for proof of product-market fit and a scalable growth model. For analytics companies, this means demonstrating strong user engagement metrics, consistent revenue growth, and a clear go-to-market strategy.

How can I find AI-focused venture capital firms?

Beyond lists like this one, you can identify AI-focused VCs by studying the investors of successful AI companies. Industry conferences and targeted networking on professional platforms are also effective ways to connect with partners specializing in artificial intelligence.

Are there global venture capital firms that invest in analytics?

Yes, many large venture firms invest globally. While major US tech hubs are dominant, firms are increasingly active in other regions. Always check a firm's investment thesis and geographical preferences before reaching out to them.

What are the best cash flow and accounting tools for a startup after fundraising?

After closing your round, a unified financial platform is key. We built Rho to combine banking, corporate cards, and automated payables in one place. You can get started with Rho to manage your new capital efficiently.