Top 7 Venture Capital Firms Investing in Generative AI Startups
Find the right VC for your Generative AI company. This list covers 7 active firms. Once funded, our tools help you manage and deploy your capital.
Rho Editorial Team
For founders in the Generative AI space, understanding the venture capital scene is a critical part of preparing to raise capital. Knowing which investors are actively funding AI and deep tech companies helps you focus your efforts on the right conversations from the start.
To help you prepare, our team at Rho curated this overview of the top VC firms investing in artificial intelligence. We created this guide to give you a quick summary of relevant investors, whether you're actively fundraising or just beginning your research.
Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.
Key Takeaways
Securing venture funding is a key step for Generative AI startups to scale operations, attract top talent, and support the high costs of model development.
Firms like Maverick Ventures, Amino Capital, Illuminate Ventures, and Propel are notable backers of companies in the Generative AI space.
Once you close a round, Rho helps you manage your new capital with integrated business banking, corporate cards, and bill pay.
Which VC Firms in Generative AI Are Right for Your Stage?
Whether you're raising a seed round or preparing for an exit, it helps to focus your conversations on the right investors. Below is a quick overview of active VC firms in Generative AI, organized by investment stage.
Pre-seed and Seed VC Firms in Generative AI
The seed stage is where you'll raise your first institutional capital, typically to build your initial product and find market fit. For founders in Generative AI, seed funding VC firms to know include Amino Capital and Dreamit.
Early Stage VC Firms in Generative AI
Early-stage funding, such as a Series A or B, is meant to help you scale your operations and team once you have a proven product. Some early-stage VC firms active in the AI space are Illuminate Ventures and Propel.
Late Stage VC Firms in Generative AI
Late-stage rounds support established companies as they prepare for major growth, potential acquisitions, or an exit. Technology-focused venture capital firms like Ventioneers and Maverick Ventures often participate in these later rounds.
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.
Keep in mind that many venture capital firms invest across multiple stages, from seed to exit.
Below is our overview of the top VC firms focusing on the Generative AI sector. We've included key details about their investment stages, locations of focus, and what makes each firm a distinct option for founders like you.
1. Maverick Ventures
As the venture arm of Maverick Capital, Maverick Ventures invests in technology-driven companies and healthcare startups. The firm supports businesses across their lifecycle, participating in rounds from seed to late-stage.
The firm is distinguished by its track record of high-profile exits, including Coupang’s major IPO and One Medical's acquisition by Amazon. This history signals their experience in guiding companies toward significant liquidity events, as seen across their investment portfolio.
Maverick Ventures could be a strong partner if you're building a company in AI, cybersecurity, or health tech with ambitions for a major exit. Their experience across multiple funding stages makes them a versatile option for founders.
Once you secure funding from a firm like Maverick, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed, early-stage, and late-stage venture
Industries of focus: Generative AI, Cyber Security, Health Care
Geographical presence: San Francisco, CA
Founded: 2015
Notable portfolio companies: Coupang, One Medical, Hims & Hers, Cityblock Health
Portfolio size: Over 190 investments and nearly 40 exits
You can refer to their website here.
2. Amino Capital
Amino Capital is a Palo Alto-based venture firm that invests in seed and early-stage startups, with a focus on data-driven companies. The firm has been recognized by Forbes on its Midas Seed List, highlighting its success in backing promising founders early on.
The firm concentrates on AI, enterprise software, and SaaS, backing a portfolio that includes unicorns like Chime, Webflow, and Rippling. This track record, according to Gilion data, signals a strong ability to identify and support companies with high-growth potential from their earliest stages.
Amino Capital is a strong potential partner for founders with deep technical expertise building products in the AI or enterprise software sectors. Their history as both an accelerator and VC suggests they provide hands-on support for teams aiming to scale quickly.
Once you secure funding from a firm like Amino Capital, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed and early-stage venture
Industries of focus: Artificial Intelligence (AI), Enterprise Software, Generative AI, Machine Learning, SaaS
Geographical presence: Palo Alto, CA
Founded: 2012
Notable portfolio companies: Chime, Webflow, Rippling, GRAIL, Replit
Portfolio size: Over 160 investments and more than 20 exits
You can refer to their website here.
3. Illuminate Ventures
Illuminate Ventures focuses on B2B enterprise software companies that are in the later part of their seed stage. The firm backs startups that deliver solutions with a rapid, measurable return on investment for customers.
The firm is known for its history of guiding companies to major exits, including Coupang’s multibillion-dollar IPO and the acquisition of Xactly. This experience signals their ability to support founders in building businesses with strong potential for a significant liquidity event.
Illuminate Ventures could be a strong partner for founders of enterprise SaaS or AI companies who have already gained some initial traction. If you are looking for an investor with experience scaling B2B businesses toward a successful exit, this firm is worth considering.
Once you secure funding from a firm like Illuminate Ventures, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed and early-stage venture
Industries of focus: Artificial Intelligence (AI), Big Data, Enterprise Software, Generative AI, SaaS
Geographical presence: Oakland, CA
Founded: 2010
Notable portfolio companies: Coupang, Xactly, Opsmatic
Portfolio size: 65 investments and 11 exits
You can refer to their website here.
4. Propel
Propel is a San Francisco-based venture firm that backs companies building the future of financial technology. The firm invests across multiple stages, from seed to late-stage rounds, supporting founders throughout their growth.
The firm has a clear focus on the financial technology sector, with a portfolio that includes major names like Coinbase and DocuSign. Their track record of backing companies that reach over $100 million in annual revenue shows their ability to support businesses to significant scale.
Propel is a great potential partner if you are a founder building technology in the financial services, insurance, or enterprise software industries. Their experience with companies that have achieved major exits and high revenue makes them a solid choice for teams with ambitions for large-scale growth.
Once you secure funding from a firm like Propel, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed, early-stage, and late-stage venture
Industries of focus: FinTech, InsurTech, Enterprise Software, Generative AI, Web3
Geographical presence: San Francisco, CA
Founded: 2016
Notable portfolio companies: Coinbase, DocuSign, Hippo, Groww, Neon
Portfolio size: 62 investments and 12 exits
You can refer to their website here.
5. Dreamit Ventures
Dreamit Ventures is a venture fund that backs startups ready to scale. The firm focuses on companies that have already established a pilot program or are generating revenue.
The firm has a strong concentration in security-related industries, from fraud detection to network security, while also investing in Generative AI. Their track record includes notable exits like LevelUp’s $390 million acquisition and backing consumer successes like SeatGeek.
Dreamit Ventures is a good match for founders who have validated their business with a pilot or early revenue. If you're building in the security space and are ready to scale, this firm's focus aligns well with that stage.
Once you secure funding from a firm like Dreamit Ventures, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed, early-stage venture, convertible notes
Industries of focus: Security, Generative AI, Enterprise Software
Geographical presence: Philadelphia, PA
Founded: 2007
Notable portfolio companies: SeatGeek, Houseparty, LevelUp, TrendKite
Portfolio size: Over 400 investments and 53 exits
You can refer to their website here.
6. Ventioneers
Ventioneers is a venture capital firm that invests in deep-tech, SaaS, energy, and AI startups. The Houston-based firm supports companies across their entire lifecycle, participating in rounds from seed funding to the secondary market.
The firm is distinguished by its investments in some of the world's most valuable private technology companies, including SpaceX, ByteDance (TikTok), and Anthropic. This access to high-profile, late-stage deals, often through syndicates and secondary markets, signals their ability to back category-defining businesses like SpaceX, which saw its valuation rise to about $350 billion in a recent secondary share sale.
Ventioneers could be a strong partner for founders building ambitious companies in deep tech or AI with the potential for massive scale. Their flexible investment approach makes them a potential long-term capital partner for high-growth teams.
Once you secure funding from a firm like Ventioneers, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed, early-stage, late-stage venture, and secondary market
Industries of focus: Deep-Tech, SaaS, Energy, Generative AI
Geographical presence: Houston, TX
Founded: 2023
Notable portfolio companies: SpaceX, ByteDance (TikTok), Stripe, Neuralink, Anthropic
Portfolio size: 20 investments
You can refer to their website here.
7. Angel Collective Opportunity Fund
Angel Collective Opportunity Fund is a San Francisco-based firm that invests from seed to late-stage rounds. The firm focuses on B2B, FinTech, and industrial companies, with a clear interest in artificial intelligence.
The firm's portfolio includes several high-profile unicorns, signaling an ability to back companies that achieve significant scale. Notable investments include the Generative AI platform Jasper, which reached a $1.5 billion valuation, and FinTech company Mercury, valued at $3.5 billion. Their portfolio also includes the AI service DoNotPay, which faced an FTC fine.
Angel Collective could be a good fit for founders building in AI, B2B, or FinTech with ambitions for high growth. Their flexibility to invest across stages makes them a potential long-term partner for your company's journey.
Once you secure funding from a firm like Angel Collective Opportunity Fund, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help you manage and deploy your new capital efficiently.
Investment stages: Seed, early-stage, and late-stage venture
Industries of focus: Artificial Intelligence (AI), B2B, FinTech, Generative AI, Industrial
Geographical presence: San Francisco, CA
Founded: 2020
Notable portfolio companies: Mercury, Jasper, TaxBit, Boom Supersonic
Portfolio size: 77 investments
You can refer to their website here.
What This Tells Us About The VC Scene for Generative AI Companies
This overview shows that investor interest in Generative AI is strong across multiple stages. You’ll find firms that focus on early-stage rounds and others that invest from seed to exit. This suggests a well-balanced funding environment, with capital available whether you are just starting or are ready to scale.
While there is a clear concentration of investors in the Bay Area, firms in cities like Houston and Philadelphia are also actively funding companies in this sector. This means you can find strong potential partners in different regions as you build your list of target VCs.
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
Having a focused list of relevant investors is one of the most effective ways to manage your fundraise. It helps you direct your limited time and energy toward the conversations that are most likely to succeed.
Once you close your round, our team is ready to support your next steps. If you’ve just raised, Rho can help you set up your financial stack in minutes with integrated business banking, corporate cards, and bill pay to manage your new capital.
FAQs about Venture Capital Firms Focused on Generative AI
What do pre-seed VC firms look for in AI startups?
At the pre-seed stage, investors focus on your team's technical expertise and vision. They want to see a compelling idea for a large market and early signs that you can build a unique product or model.
Are there many AI venture capital firms outside of Silicon Valley?
Yes, while the Bay Area is a major hub, you'll find active AI investors in cities like New York, Boston, and Austin. Globally, London and Singapore also have strong venture capital communities focused on technology.
What distinguishes deep tech VC firms from other AI investors?
Deep tech VCs back companies with foundational scientific or engineering breakthroughs. They look for strong intellectual property and technology that is difficult to replicate, often accepting longer development timelines than typical software investors.
How do I find Series A venture capital firms for my AI company?
To find Series A investors, focus on firms that have a history of funding early-stage AI companies. Look for VCs whose portfolio companies have similar business models and check sizes that align with your fundraising goals.
How can Rho help after I raise from an AI venture capital firm?
Once funding is secured, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently. You can get started with Rho to support your next stage of growth.