15 Top Internet Venture Capital Firms

When you're preparing to raise capital, understanding which venture capital firms are the right fit for your company is a critical first step. This is especially true for founders in the Internet space, where investors often specialize in specific models like SaaS, fintech, or e-commerce.

To help you find the right partners, our team created this overview of top VC firms investing in software and Internet companies. Use this guide to quickly identify relevant investors before or during your fundraising process.

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

Key Takeaways

• For startups in the internet space, securing venture funding provides the capital to scale operations, accelerate product development, and grow your team.
• Leading VC firms focused on internet companies include notable backers like Forerunner, Quiet Capital, 500 Global, and Ripple, each with a history of supporting successful startups.
• Whether you are actively fundraising or have just closed a round, Rho helps you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

Which VC Firms in Internet Are Right for Your Stage?

Whether your company is in its early stages or preparing for an exit, knowing the right investors to approach is essential. This is a quick overview of which VC firms that invest in internet companies are active at each stage.

Pre-seed and Seed VC Firms in Internet

Pre-seed and seed funding is the earliest capital you'll raise, typically used to validate your idea and build an initial product. For founders of internet startups, some seed stage venture capital firms to know are Pioneer Square Labs, Recursive Ventures, and the global accelerator 500 Global.

Early Stage VC Firms in Internet

Early-stage funding, which includes Series A and B rounds, is for companies with a proven product and initial market traction that are ready to scale. Prominent early stage internet VC firms include consumer-focused Forerunner Ventures, technology investment firm Quiet Capital, and web3-focused Ripple.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

Late Stage VC Firms in Internet

Late-stage capital supports established companies as they expand into new markets, make acquisitions, or prepare for an exit like an IPO. Among the many software VC firms active at this stage, you might consider ICONIQ Capital, Lightbank, or Elsewhere Partners.

Keep in mind that many venture capital firms invest across multiple stages, so it's always worth checking their current focus before reaching out.

Here is our overview of top VC firms that invest in internet companies, including key details about their investment stages, geographic focus, and what makes each firm a compelling choice for founders.

1. Forerunner

Forerunner is a venture capital firm that invests in companies aligned with the modern consumer. Based in San Francisco, they focus on businesses in retail, fintech, and the broader internet sector.

The firm is known for backing iconic consumer brands from their earliest stages, including Warby Parker and Dollar Shave Club. They invest from seed to late-stage, showing a commitment to supporting companies throughout their growth.

This firm is a strong potential partner if you are building a consumer-facing company, particularly in e-commerce or fintech. Their portfolio shows a clear pattern of success with direct-to-consumer and marketplace business models.

• Investment stages: Seed, early, and late-stage venture
• Industries of focus: FinTech, Internet, Retail, Retail Technology
• Geographical presence: San Francisco, CA
• Founded: 2010
• Notable portfolio companies: Chime, Faire, Warby Parker, Dollar Shave Club
• Number of investments: Over 260

You can refer to their website here.

2. Quiet Capital

Quiet Capital is a technology investment firm based in San Francisco that supports companies from their earliest days through later growth rounds. They invest across the internet, financial services, and IT infrastructure sectors.

The firm is notable for its broad investment range, backing companies from seed to late-stage, including well-known names like Reddit and Modern Health. This approach signals a capacity to support founders from initial product to major milestones like an IPO.

Quiet Capital is a strong potential match for founders building high-growth technology companies who are looking for a long-term financial partner. Their portfolio suggests an interest in ambitious ventures across both consumer and enterprise tech.

• Investment stages: Seed, early, and late-stage venture
• Industries of focus: Financial Services, Internet, IT Infrastructure
• Geographical presence: San Francisco, CA
• Founded: 2017
• Notable portfolio companies: Reddit, OneFootball, Airbase, Modern Health
• Number of investments: 368

You can refer to their website here.

3. 500 Global

500 Global is a multi-stage venture capital firm that invests in fast-growing technology companies around the world. With roots as a well-known accelerator, they provide capital and mentorship to founders at various points in their journey.

The firm is distinguished by its sheer scale, having backed over 3,100 companies across the globe. Their portfolio includes major successes like Canva and Grab, listed among their notable investments, demonstrating a track record of identifying and supporting category-defining businesses.

This firm is an excellent match for founders of technology companies, particularly in the internet and financial services sectors. Their global network and accelerator programs make them especially appealing for early-stage teams seeking broad support and follow-on funding opportunities.

• Investment stages: Seed, early, and late-stage venture
• Industries of focus: Financial Services, Internet, Technology
• Geographical presence: San Francisco, CA
• Founded: 2010
• Notable portfolio companies: Canva, Credit Karma, Grab, Udemy, Twilio
• Number of investments: Over 3,100

You can refer to their website here.

4. Ripple

Ripple is a San Francisco-based venture capital firm that grew out of a technology company focused on global payments and crypto. They invest in early-stage companies, leveraging their deep expertise in fintech, blockchain, and web3.

While the firm's roots are in fintech and crypto, their investment portfolio is notably diverse, spanning AI, developer tools, and logistics tech. Their portfolio companies include AI agent builder Voiceflow and the developer productivity tool ZenHub, indicating a broad interest in foundational software.

Ripple could be a good match for founders building in the web3 and fintech space, but also for those creating B2B software tools. Their successful exit with Harmonize suggests an ability to support companies toward acquisition.

• Investment stages: Early-stage venture
• Industries of focus: Blockchain, Cryptocurrency, FinTech, Payments, Web3, Internet
• Geographical presence: San Francisco, CA
• Founded: 2012
• Notable portfolio companies: Voiceflow, Rose Rocket, ZenHub, Wisedocs
• Number of investments: 44
• Number of exits: 2

You can refer to their website here.

5. Elsewhere Partners

Elsewhere Partners is a growth capital firm based in Austin, Texas, that focuses on B2B software companies. They specifically invest in businesses located outside of major venture capital centers.

The firm supports companies across a wide spectrum, from seed rounds to later-stage private equity. Their portfolio highlights a history of backing successful B2B software companies like SailPoint and SolarWinds through to major exits.

This firm is a compelling choice for founders of capital-efficient B2B software companies who are building their business outside of traditional tech hubs. Their focus suggests they value strong business fundamentals over geographical location.

• Investment stages: Seed, early-stage, late-stage, and private equity
• Industries of focus: B2B Software, Information Technology, Internet
• Geographical presence: Austin, TX
• Founded: 2017
• Notable portfolio companies: SailPoint, SolarWinds, Bazaarvoice
• Number of investments: 22
• Number of exits: 3

You can refer to their website here.

6. Pioneer Square Labs

Pioneer Square Labs is a Seattle-based startup studio that creates and launches new technology companies. They operate as a hybrid incubator, accelerator, and venture capital firm, providing hands-on support from inception.

The firm is distinguished by its studio model, building companies internally and guiding them toward high-profile exits like BigBox VR's acquisition by Meta. Their focus is on enterprise software, mobile, and internet businesses, with a portfolio that includes teen banking platform Copper and fractional real estate marketplace Arrived.

This studio is an ideal partner for founders at the earliest stages who are seeking deep operational involvement to bring an idea to life. Their track record is particularly strong for B2B software and mobile startups, especially those based in the Pacific Northwest.

• Investment stages: Seed, Early-stage venture
• Industries of focus: Enterprise Software, Internet, Mobile
• Geographical presence: Seattle, WA
• Founded: 2015
• Notable portfolio companies: BigBox VR, Iteratively, Boundless, Copper, Arrived
• Number of investments: 25

You can refer to their website here.

7. TMV

TMV is an early-stage venture capital firm based in New York that invests in companies shaping "the future of living well." They primarily back businesses at the seed and early stages, providing capital to get new ideas off the ground.

The firm is distinguished by its focus on purpose-driven startups, with a portfolio that includes major successes in healthcare and direct-to-consumer brands. They have supported companies like Cityblock Health to unicorn status and backed others like Casper Sleep and FIGS through to successful IPOs.

TMV could be a strong match for founders building mission-oriented companies, especially in the health, finance, and consumer sectors. Their track record indicates an ability to support businesses that combine profit with a clear positive impact.

• Investment stages: Seed, early-stage venture, secondary market
• Industries of focus: Health Care, FinTech, Education, Internet, Logistics
• Geographical presence: New York, NY
• Founded: 2016
• Notable portfolio companies: Cityblock Health, Casper Sleep, FIGS, ClassTag, Clockwise
• Number of investments: 66
• Number of exits: 8

You can refer to their website here.

8. Lightbank

Lightbank is a Chicago-based venture capital firm led by Groupon co-founder Eric Lefkofsky. The firm invests across multiple stages, from seed to late-stage, and focuses on sectors like AI, SaaS, marketplaces, and fintech.

The firm is known for backing companies to significant outcomes, including the successful IPO of Sprout Social and the acquisition of Tastytrade. Their portfolio also includes other high-profile brands like the parking marketplace SpotHero, signaling a strong eye for category-defining companies.

Lightbank is a strong potential partner for founders building high-growth technology companies, particularly in the SaaS and marketplace sectors. Their broad stage focus suggests they are equipped to be a long-term financial partner for ambitious teams.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

• Investment stages: Seed, early, and late-stage venture
• Industries of focus: AI, SaaS, Marketplaces, FinTech, Health Care, Consumer, Enterprise Software
• Geographical presence: Chicago, IL
• Founded: 2010
• Notable portfolio companies: Sprout Social, Tempus, Tastytrade, Fiverr, SpotHero
• Number of investments: Over 200
• Number of exits: 44

You can refer to their website here.

9. Legendary Ventures

Legendary Ventures is a New York-based venture capital fund that invests in consumer retail companies. They focus on accelerating growth for businesses across the consumer goods, fintech, and internet sectors.

The firm is notable for its wide investment range, participating in rounds from seed stage to private equity. Their portfolio includes some of the most recognizable names in tech and retail, such as SpaceX and the global marketplace Airbnb.

This firm is a strong potential partner for founders building consumer-facing companies, especially in retail, e-commerce, and fintech. Their ability to invest across all stages makes them a good fit for companies looking for a long-term financial partner.

• Investment stages: Seed, early-stage, late-stage venture, private equity, secondary market
• Industries of focus: Consumer Goods, FinTech, Internet, Blockchain, Impact Investing
• Geographical presence: New York, NY
• Founded: 2019
• Notable portfolio companies: SpaceX, Airbnb, Lululemon, Etsy, FiscalNote
• Number of investments: 22

You can refer to their website here.

10. New Form Capital

New Form Capital is a New York-based venture firm that invests in early-stage companies at the intersection of blockchain technology and financial markets. They primarily back businesses at the seed and early stages, including through initial coin offerings (ICOs).

The firm is composed of builders and operators with deep experience in both crypto and traditional finance. They take a hands-on approach, often leading rounds and providing direct support on product, strategy, and go-to-market.

New Form Capital is a strong fit if you are an early-stage founder building in the fintech or blockchain space. They are particularly well-suited for teams looking for a lead investor with strong operational expertise.

• Investment stages: Seed, early-stage venture, ICO
• Industries of focus: Blockchain, FinTech, Internet
• Geographical presence: New York, NY
• Founded: 2019
• Notable portfolio companies: 0x, Celo, Compound, The Graph, NEAR
• Number of investments: 41
• Number of exits: 4

You can refer to their website here.

11. ICONIQ Capital

ICONIQ Capital is a San Francisco-based private investment firm that serves influential families and organizations. They invest across several sectors, including finance, real estate, and internet-focused technology companies.

The firm is known for backing companies through their entire growth journey, from early stages to major public listings. Their portfolio includes landmark IPOs like the home-sharing platform Airbnb and the cloud monitoring service Datadog.

ICONIQ is a strong partner for founders of high-growth companies with the potential to become category leaders. Their focus on late-stage and post-IPO investments makes them a good fit for businesses aiming for large-scale public exits.

• Investment stages: Early-stage to post-IPO, private equity, and secondary market
• Industries of focus: Finance, Internet, Real Estate, Venture Capital
• Geographical presence: San Francisco, CA
• Founded: 2011
• Notable portfolio companies: Airbnb, Adyen, Alibaba, Datadog, Procore Technologies
• Number of investments: 81
• Number of exits: 12

You can refer to their website here.

12. Mercury

Mercury is an early-stage venture capital firm based in Houston that invests in SaaS, cloud, and data platforms. They focus on providing seed and early-stage capital to help software companies get started and grow.

The firm has a strong history of guiding companies to successful acquisitions, with notable exits like the AI analytics platform TrendKite and the e-commerce tool Modest. This track record points to a clear focus on building B2B software companies that are attractive acquisition targets for larger enterprises.

Mercury is a good fit for founders of early-stage B2B software companies, particularly in SaaS, cloud, or data infrastructure. Their experience with acquisitions makes them a compelling partner if your long-term strategy includes a potential sale to a strategic buyer.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

• Investment stages: Seed, early-stage venture
• Industries of focus: SaaS, Cloud, Data Platforms, Internet
• Geographical presence: Houston, TX
• Founded: 2013
• Notable portfolio companies: TrendKite, Modest, Performix, Label Insight
• Number of investments: 120
• Number of exits: 17

You can refer to their website here.

13. The Venture Reality Fund/VRF

The Venture Reality Fund, or VRF, invests in companies building for what it calls our "Digital Future." Based in Burlingame, California, they provide seed and early-stage capital to startups in the artificial intelligence and spatial computing sectors.

The firm is defined by its deep focus on immersive technologies like augmented and virtual reality. Their portfolio includes both enterprise applications, such as the VR training platform Strivr, and consumer entertainment like the Emmy-winning animation studio Baobab Studios, showing their conviction across the AR/VR ecosystem.

VRF is an excellent choice for founders at the seed or early stages who are creating foundational technology in AI, AR, and VR. Their track record of exits to major tech companies, including the acquisition of Owlchemy Labs by Google, suggests they are a strategic partner for teams with ambitious technical roadmaps.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

• Investment stages: Seed and early-stage venture
• Industries of focus: Artificial Intelligence (AI), Spatial Computing (AR/VR), Gaming, Software, Internet
• Geographical presence: Burlingame, CA
• Founded: 2016
• Notable portfolio companies: Strivr, Baobab Studios, Wave, Owlchemy Labs (acquired by Google)
• Number of investments: 64
• Number of exits: 9

You can refer to their website here.

14. Recursive Ventures

Recursive Ventures is a venture capital firm that backs seed-stage technology companies in the United States and Israel. They focus on startups using data and artificial intelligence to transform established industries.

The firm is defined by its impressive track record of backing future market leaders from their earliest days. Their portfolio includes the smart doorbell maker Ring, acquired by Amazon, and the global payroll platform Deel, showcasing a talent for identifying high-potential companies.

Recursive Ventures is an ideal partner for seed-stage founders in the US or Israel building tech companies with AI and data at their core. Their history suggests a preference for ambitious teams aiming for significant scale and market-defining outcomes.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

• Investment stages: Seed, early-stage venture
• Industries of focus: Artificial Intelligence (AI), FinTech, Internet, Mobile, Real Estate
• Geographical presence: Albany, CA
• Founded: 2015
• Notable portfolio companies: Ring, Deel, Placer.ai, Life360
• Number of investments: 48
• Number of exits: 11

You can refer to their website here.

15. Diverse Angels

Diverse Angels is a Los Angeles-based angel group and venture capital firm dedicated to increasing representation within the investor community. They provide capital to seed and early-stage companies across a wide range of technology sectors.

The firm’s portfolio shows a broad interest, from the AI audio platform Sounder to the fintech unicorn Republic. Their investments in companies like the African talent marketplace Pariti and the at-home testing company Ash Wellness signal a focus on businesses with clear market potential.

This firm is a compelling choice for early-stage founders, particularly those from underrepresented backgrounds or building companies in e-commerce, fintech, and health tech. Their mission-driven approach makes them a valuable partner for startups seeking both capital and a supportive network.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

• Investment stages: Seed, early-stage venture
• Industries of focus: E-Commerce, Gaming, Health Care, FinTech, Software, Internet, Blockchain
• Geographical presence: Los Angeles, CA
• Founded: 2021
• Notable portfolio companies: Sounder, Pariti, Republic, Players’ Lounge, Ash Wellness
• Number of investments: 53
• Number of exits: 3

You can refer to their website here.

What This Tells Us About The VC Scene for Internet Companies

This overview of venture firms shows a healthy and varied funding environment for companies in the internet sector. You’ll find strong support at the early stages from seed-focused investors, while many larger firms provide capital across all stages, from inception to pre-IPO. This balance suggests opportunities exist throughout a company's growth.

Geographically, while California remains a major center for capital, the presence of active firms in cities like Chicago, Austin, and New York shows that you don't have to be in Silicon Valley to secure funding. The key is finding a partner whose focus aligns with your business model and stage.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help your startup manage and deploy capital efficiently.

Raise Confidently with Rho

Fundraising requires significant time and effort, making a focused list of relevant investors invaluable. It allows you to direct your energy toward the firms most likely to be a good partner for your company.

Once your round is closed, the work of managing that capital begins. Rho can help you set up your financial stack in minutes.

Our platform provides the tools you need to deploy funds with confidence. We offer integrated business banking, corporate cards, and automated bill pay designed for startups.

FAQs about Venture Capital Firms Focused on Internet

Are there top internet VC firms outside the US?

Yes, many leading firms operate globally. Europe and Asia have strong venture ecosystems with investors actively funding internet and software companies. Research firms with a presence in your target market to find the right fit.

What do early-stage internet VC firms look for?

Early-stage firms prioritize a strong founding team and a large market opportunity. They also want to see initial product traction, like early user engagement or revenue, which shows proof of concept and potential for high growth.

How do I find VCs for a niche like digital health?

Look at the portfolios of firms that invest in related sectors like SaaS or AI. Attending industry-specific events and networking with other founders in your space are also effective ways to identify active investors in your field.

What is the best way to get an introduction to a VC?

A warm introduction from a trusted contact in the VC’s network is most effective. This could be a founder from their portfolio, another investor, or a shared professional connection. Cold outreach is significantly less likely to succeed.

How can Rho help after I secure funding?

Once funding is secured, our integrated financial tools help you manage capital. With business banking, corporate cards, and automated bill pay in one place, you can deploy funds efficiently. Get started with Rho.