Top 6 Venture Capital Firms for Mobile Apps Startups

If you're a founder building a mobile app, understanding which venture capital firms invest in your space is a crucial part of preparing to raise capital. Finding the right investor goes beyond just the money; it's about finding a partner who understands your market and business model.

To help you find that fit, our team has curated this list of top VC firms focused on mobile applications and consumer tech. Use this guide to identify potential investors for your startup, whether you're raising a seed round or Series A.

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

Key Takeaways

• Securing venture funding provides mobile app startups with the capital to grow their teams, acquire more users, and further develop their products.
• Many venture capital firms focus on mobile applications, with top players like Elefund, Nasdaq Ventures, PreAngel, and GSD Venture Studios backing a variety of startups in the sector.
• Once you close a funding round, Rho helps you manage your capital with integrated business banking, corporate cards, and automated bill pay.

Which VC Firms in Mobile Apps Are Right for Your Stage?

From your earliest days to a potential exit, connecting with the right investors is key. This guide provides a quick look at which venture capital firms focus on mobile app startups at each funding stage.

Pre-seed and Seed VC Firms in Mobile Apps

Pre-seed and seed funding are the earliest forms of capital, intended to help you turn an idea into a viable product and gain initial market traction. For founders in the mobile app space, some notable seed stage venture capital firms include Elefund, PreAngel, and Miroma Ventures.

Early Stage VC Firms in Mobile Apps

Early-stage funding, which includes Series A and B rounds, is for startups with a proven product and user base that need capital to scale operations and accelerate growth. Among the early-stage VC firms that invest in mobile applications are Elefund and Nasdaq Ventures.

Once you secure that Series A or B, our integrated financial tools—including business banking, corporate cards, and automated bill pay—can help you manage and deploy your new capital efficiently.

Late Stage VC Firms in Mobile Apps

Late-stage funding supports established companies as they expand into new markets, make acquisitions, or prepare for an initial public offering (IPO). Technology-focused venture capital firms like Nasdaq Ventures and GSD Venture Studios are active in this space, often guiding companies toward a successful exit.

Keep in mind that some venture capital firms invest across multiple stages, from seed to late-stage rounds.

Here is a closer look at some of the top VC firms investing in mobile applications. We've outlined their investment stages, geographic focus, and what makes each firm a strong potential partner for founders.

1. Elefund

Based in Mountain View, California, Elefund is a thesis-driven micro venture capital firm focused on early-stage technology companies. Since its founding in 2015, the firm has concentrated on backing founders from the very beginning of their journey.

Elefund has a strong track record of investing in companies that have achieved massive scale, including consumer-fintech brand Robinhood and the meditation app Calm. This shows a clear focus on high-growth consumer technology and fintech businesses that have the potential to become household names.

This firm could be a strong match if you are a founder in the fintech or consumer app space with ambitions for rapid growth. Their focus on seed and early-stage rounds makes them a good fit for startups seeking their first institutional capital to build and scale.

• Investment stages: Seed and early-stage venture
• Industries of focus: Mobile Apps, FinTech, Financial Services, and InsurTech
• Geographical presence: Based in Mountain View, California
• Founded: 2015
• Notable portfolio companies: Robinhood, Calm, Carta, and Hotel Engine
• Portfolio size: 57 investments

You can refer to their website here.

2. Nasdaq Ventures

As the venture arm of the global exchange, Nasdaq Ventures is an investment program focused on advancing technology within the financial services industry. Founded in 2017, the firm invests in companies that are building the next generation of financial markets.

Nasdaq Ventures invests across a wide spectrum of funding rounds, from seed to private equity, signaling its interest in long-term partnerships. Its portfolio highlights a clear focus on financial infrastructure and data, with investments in companies like digital-asset data platform Amberdata and sports-betting exchange Sporttrade.

This firm is a strong potential partner if you're a founder building technology for the financial industry, particularly in data, analytics, or market structure. Their connection to Nasdaq provides unique strategic value for startups operating in the fintech space.

• Investment stages: Seed, early-stage venture, late-stage venture, and private equity
• Industries of focus: Financial Services, Mobile Apps
• Geographical presence: Based in Rockville, Maryland
• Founded: 2017
• Notable portfolio companies: Amberdata, Fnality International, ErisX, Sporttrade, BMLL Technologies
• Portfolio size: 26 investments

You can refer to their website here.

3. PreAngel

Founded in 2011, PreAngel is a venture capital firm, incubator, and angel group based in Sunnyvale, California. The firm concentrates on providing seed and early-stage funding to technology startups across various high-growth sectors.

PreAngel shows a strong preference for deep technology and hardware, with portfolio companies like Nasdaq-listed drone pioneer EHang and lidar maker Hesai Technology. This focus on technically complex companies that have successfully gone public is a key characteristic of their investment strategy.

This firm is a strong match if you are a founder working on deep tech or hardware, especially in robotics, autonomous systems, or AI. Their track record with technically demanding companies makes them a valuable partner for early-stage startups with global ambitions.

• Investment stages: Seed and early-stage venture
• Industries of focus: AI, Big Data, Cloud Infrastructure, Drones, Financial Services, Machine Learning, Mobile Apps, Open Source, and SaaS
• Geographical presence: Based in Sunnyvale, California
• Founded: 2011
• Notable portfolio companies: EHang, Hesai Technology, Dobot Robotics, Westwell, and Medlinker
• Portfolio size: 137 investments

You can refer to their website here.

4. GSD Venture Studios

GSD Venture Studios is a venture studio and accelerator based in Menlo Park, California, that specializes in helping entrepreneurs expand their businesses globally. Their mission is to back resilient founders and provide them with the resources to scale internationally.

The firm invests across multiple stages, from early-stage to private equity, and has a strong track record of guiding companies to successful exits. Portfolio companies like the employee rewards platform Xoxoday and the gamified physiotherapy app Rehaboo were acquired, highlighting GSD's focus on building commercially successful businesses.

GSD is a strong potential partner if you are a founder with global ambitions. Their "#GoGlobal" program is designed for startups aiming to enter new markets, making them a strategic choice for companies ready to scale beyond their home country.

• Investment stages: Early Stage Venture, Initial Coin Offering, Late Stage Venture, and Private Equity
• Industries of focus: Cloud Computing, Cyber Security, Financial Services, FinTech, and Mobile Apps
• Geographical presence: Based in Menlo Park, California
• Founded: 2019
• Notable portfolio companies: Xoxoday, Rehaboo, AcceleratXR, Bitwage, and Eyedaptic
• Portfolio size: 56 investments

You can refer to their website here.

5. Fueled

Fueled is a New York-based venture fund that also operates as a mobile product studio and incubator. Since its start in 2007, the firm has focused on building and backing companies in the mobile, web, and enterprise application spaces.

The firm's history as a product studio suggests a hands-on, product-centric approach to its investments. Their portfolio features notable exits like ContentCal (acquired by Adobe) and Capdesk (acquired by Carta), indicating a strategy geared toward building companies for successful acquisitions.

This makes Fueled a strong potential partner if you are a founder who values deep product and development support alongside capital. Their focus on building for an exit makes them a good fit for startups aiming for an acquisition by a major technology company.

• Industries of focus: Mobile Apps, Web Apps, and Consumer Applications
• Geographical presence: Based in New York, New York
• Founded: 2007
• Notable portfolio companies: ContentCal, Capdesk, Volt, Heroes, and Wombat
• Portfolio size: 20 investments
• Successful exits: 5

You can refer to their website here.

6. Miroma Ventures

As the investment arm of The Miroma Group, Miroma Ventures backs growth-stage consumer brands and media platforms. Based in Los Angeles, the firm invests from seed to early-stage venture rounds, targeting companies with mass-market appeal.

The firm's portfolio highlights a focus on high-profile consumer companies, including visual discovery platform Pinterest and fitness subscription service ClassPass. Their track record of guiding companies to successful IPOs and acquisitions signals a focus on building brands with major exit potential.

Miroma Ventures could be a strong match if you're building a consumer-facing brand with a clear path to scaling. Founders in digital media, retail, or mobile apps who are aiming to create a household name would fit well with their strategy.

• Investment stages: Seed and early-stage venture
• Industries of focus: Consumer Brands, Digital Media, Mobile Apps, and Retail
• Geographical presence: Based in Los Angeles, California
• Founded: 2010
• Notable portfolio companies: Pinterest, Hyperice, Just Water, and ClassPass
• Portfolio size: 25 investments
• Successful exits: 7

You can refer to their website here.

What This Tells Us About The VC Scene for Mobile Apps Companies

This list shows that the funding environment for mobile app companies is well-balanced. While there is strong support at the seed and early stages from firms like Elefund and PreAngel, several investors, including Nasdaq Ventures, also participate in late-stage rounds. This suggests you can find financial partners for each stage of your company's growth, from initial product to a potential exit.

Geographically, investors are concentrated in major US tech hubs, but the variety of firm types—from corporate VCs to hands-on product studios—gives you options for different kinds of strategic support. 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

Raising capital requires significant time and focus, so having a targeted list of investors is a major advantage. It helps you direct your energy where it matters most, improving your chances of finding the right partner for your company.

Once your round is closed, the work of managing that capital begins. If you’ve just raised, Rho can help you set up your financial stack in minutes with integrated business banking, corporate cards, and automated bill pay designed for startups.

FAQs about Venture Capital Firms Focused on Mobile Apps

Which VC firms in New York focus on mobile apps?

New York is a major hub for consumer and fintech startups. Firms like Fueled specialize in mobile applications, while many other generalist tech investors in the city actively fund mobile-first companies from seed through later growth stages.

What are some top Bay Area venture capital firms for tech startups?

The Bay Area is home to many prominent venture capital firms. Investors like Elefund and PreAngel focus on early-stage mobile and tech companies, offering capital and strategic support to help founders build and scale their businesses.

How do I find the right early-stage VC firms for my mobile app?

Research firms whose portfolios include companies similar to yours. Focus on investors with a stated interest in mobile applications and experience in your specific industry. This ensures you find a partner who understands your market and can provide relevant guidance.

Are there active mobile app investors outside the US?

Yes, major tech hubs in Europe and Asia have many active venture capital firms funding mobile apps. Additionally, some US-based firms, like GSD Venture Studios, have a specific focus on helping startups expand into international markets.

How can Rho help after I secure funding?

Once your round closes, we help you manage your new capital. Rho provides an integrated platform with business banking, corporate cards, and automated bill pay, letting you deploy funds and track spending efficiently from day one.