Top 6 Venture Capital Firms for Mobile Apps Startups

When you're preparing to raise capital for your mobile app, understanding which investors are active in your space is critical. Approaching the right venture capital firms from the start saves you time and helps you find partners who truly understand your business model and growth potential.

To help you find a good fit, our team put together this overview of top VC firms that invest in mobile and application-based startups. Use this guide to quickly identify potential investors, whether you're looking for seed funding or a Series A partner.

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

Knowing which investors to approach is important at every stage, whether you're raising your first round or preparing for an exit. Here is a quick look at VC firms that invest in mobile app startups, organized by their typical investment stage.

Pre-seed and Seed VC Firms in Mobile Apps

Pre-seed and seed funding are the earliest forms of capital, typically used to validate your idea and build an initial product. For mobile app startups at this stage, technology-focused venture capital firms like Elefund, Pre-Angel Fund, and Miroma Ventures are active investors.

Early Stage VC Firms in Mobile Apps

Early-stage funding, which includes Series A and B rounds, helps you scale your team, accelerate user acquisition, and expand your market presence. Several prominent venture capital firms focus on this growth phase; for example, Elefund, Nasdaq Ventures, and GSD Venture Studios all have experience with application-based companies.

Late Stage VC Firms in Mobile Apps

Late-stage rounds are for established companies preparing for significant growth, a potential acquisition, or an initial public offering (IPO). If your company has reached this level of maturity, investors such as Nasdaq Ventures and GSD Venture Studios participate in later funding rounds.

Keep in mind that some VC firms invest across multiple stages, so their focus may not be limited to a single category.

Here is a closer look at some of the top VC firms that focus on mobile app startups. We've included key details on their investment stages, geographic focus, and what makes each firm a compelling partner for founders like you.

1. Elefund

Based in Mountain View, California, Elefund is a thesis-driven, micro venture capital firm that invests in early-stage technology companies. They focus on providing initial capital to help founders turn promising ideas into tangible products and businesses.

The firm is known for backing companies that have achieved significant scale and brand recognition, such as Robinhood, Calm, and Carta. Their portfolio suggests a keen eye for consumer technology and fintech businesses that have the potential to become market leaders.

Elefund is a compelling choice for founders building companies in fintech, wellness, or B2B software with high-growth ambitions. If you are seeking an early-stage partner with a proven record of identifying and supporting future unicorns, this firm is worth your consideration.

• Investment stages: Seed, convertible note, and early-stage venture
• Industries of focus: FinTech, Mobile Apps, InsurTech, and Wellness
• Geographical presence: Mountain View, California
• Founded: 2015
• Notable portfolio companies: Robinhood, Calm, Carta, and Branch Insurance
• Portfolio size: Over 55 investments

You can refer to their website here.

2. Nasdaq Ventures

As the venture investment program of the global technology company, Nasdaq Ventures focuses on cultivating talent and advancing technology within the financial services industry. The firm operates globally from its headquarters in Rockville, Maryland.

Nasdaq Ventures invests across a wide spectrum, from seed rounds to late-stage and private equity, showing its capacity to support companies throughout their growth. Its portfolio is concentrated in companies deeply integrated with financial markets, including data platform Amberdata and the sports-betting exchange Sporttrade.

This firm is an excellent match for founders building technology for capital markets, digital assets, or other regulated financial sectors. If your startup aims to modernize financial infrastructure, Nasdaq Ventures offers a strategic partnership with deep industry connections.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, and Private Equity
• Industries of focus: Financial Services, Mobile Apps
• Geographical presence: Rockville, Maryland
• Founded: 2017
• Notable portfolio companies: Amberdata, Fnality International, Sporttrade, and BMLL Technologies
• Portfolio size: 26 investments

You can refer to their website here.

3. PreAngel

PreAngel is an early-stage investment firm in Sunnyvale, California, that operates as an angel group, incubator, and venture capital fund. The firm provides seed and early-stage funding to high-tech companies in fields like artificial intelligence, robotics, and mobile applications.

A key characteristic of PreAngel is its focus on companies developing complex hardware and deep technology, particularly in autonomous systems and mobility. Their portfolio includes several publicly-listed companies, such as drone-maker EHang and lidar manufacturer Hesai Technology, signaling an ability to support founders with ambitious technical roadmaps.

PreAngel is a strong fit if you are a founder building a company in deep tech, AI, robotics, or autonomous mobility. Their track record indicates they are a valuable partner for early-stage startups with significant hardware or software challenges.

• Investment stages: Seed and Early Stage Venture
• Industries of focus: Artificial Intelligence (AI), Drones, Mobile Apps, SaaS, and Open Source
• Geographical presence: Sunnyvale, California
• Founded: 2011
• Notable portfolio companies: EHang, Hesai Technology, Dobot Robotics, and Medlinker
• Portfolio size: Over 135 investments

You can refer to their website here.

4. GSD Venture Studios

GSD Venture Studios is a venture firm and accelerator based in Menlo Park, California, that specializes in helping entrepreneurs expand their businesses globally. Their core mission is to identify and support resilient founders with the resources needed to enter new markets.

The firm invests across a broad spectrum of stages, from early venture to private equity, with a clear focus on helping companies scale internationally. Their portfolio includes several successful exits, such as the employee rewards platform Xoxoday, demonstrating their ability to guide startups toward acquisition.

GSD is an ideal partner for founders with global ambitions who are building companies in areas like fintech, SaaS, or deep tech. If you need a hands-on partner to help you navigate international expansion and prepare for a successful exit, their model is worth exploring.

• Investment stages: Early Stage Venture, Late Stage Venture, and Private Equity
• Industries of focus: FinTech, Cloud Computing, Cybersecurity, and Mobile Apps
• Geographical presence: Menlo Park, California
• Founded: 2019
• Notable portfolio companies: Xoxoday, Rehaboo, Bitwage, and Eyedaptic
• Portfolio size: 56 investments

You can refer to their website here.

5. Fueled

Based in New York, Fueled is a unique firm that functions as a mobile product studio, incubator, and venture fund. They specialize in building and investing in consumer and enterprise applications, offering more than just capital.

The firm’s model suggests a hands-on partnership, providing deep expertise in design, development, and digital marketing. Fueled has a strong record of successful exits, including social media platform ContentCal (acquired by Adobe) and equity management tool Capdesk (acquired by Carta).

This firm is an excellent match for founders seeking operational support to build and scale their product. If you need a partner with proven experience in taking mobile or web applications from concept to market, Fueled’s approach is worth considering.

• Industries of focus: Mobile Apps, Consumer Applications, Enterprise Applications, and Web Development
• Geographical presence: New York, New York
• Founded: 2007
• Notable portfolio companies: ContentCal, Capdesk, Volt, and Heroes
• Portfolio size: 20 investments

You can refer to their website here.

6. Miroma Ventures

Miroma Ventures is the investment arm of The Miroma Group, focusing on growth-stage consumer brands and media platforms from its base in Los Angeles. The firm primarily provides seed and early-stage funding to help companies scale.

The firm has a strong record of backing recognizable consumer companies, including Pinterest, ClassPass, and Hyperice, guiding them toward successful IPOs and acquisitions. Their portfolio shows a clear preference for businesses in digital media, retail, and wellness.

Miroma Ventures is a great fit for founders building consumer-focused companies with strong brand potential. If you are developing a product in social media, fitness, or sustainable goods, their experience can be a significant asset.

• Investment stages: Seed, Early Stage Venture, and Venture
• Industries of focus: Consumer Brands, Digital Media, Mobile Apps, Retail, and Food and Beverage
• Geographical presence: Los Angeles, California
• Founded: 2010
• Notable portfolio companies: Pinterest, Hyperice, ClassPass, and Just Water
• Portfolio size: 25 investments

You can refer to their website here.

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

The investors on this list suggest that funding for mobile app companies is particularly strong at the early stages. A significant number of firms focus on seed and Series A rounds, which is good news if you are in the early phases of building your business and establishing product-market fit.

You'll also notice a geographic concentration in major tech hubs like California and New York. Beyond location, the investors themselves are quite different. They range from corporate venture arms to hands-on product studios, giving you the ability to find a partner whose model aligns with your specific needs—whether that's strategic industry access, operational support, or pure growth capital.

Raise Confidently with Rho

Having a focused list of investors saves you valuable time and energy during your fundraise. It allows you to concentrate your efforts on the firms most likely to understand and support your vision.

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.

Our platform gives you the tools to manage your new funding with confidence. We provide business banking, corporate cards, and automated bill pay, all built for growing startups.

FAQs about Venture Capital Firms Focused on Mobile Apps

What are micro VC firms?

Micro venture capital firms are smaller, specialized funds that typically invest at the earliest stages, like pre-seed and seed. They write smaller checks than larger VCs but often provide focused support to help new companies find their footing.

Are there prominent venture capital firms for mobile apps outside the US?

Yes, many prominent venture capital firms operate globally. Europe, particularly London, has a strong ecosystem of tech investors, and hubs are growing quickly in places like India and Southeast Asia, with many firms actively funding mobile-first companies.

How can I connect with Silicon Valley or NYC venture capital firms if I’m not based there?

Building relationships remotely is common. Focus on warm introductions through your network, engage with partners on social platforms, and attend major industry events. A strong pitch deck and clear traction can overcome geographical distance for most investors.

How do I find the most active venture capital firms for tech startups?

Look at recent funding announcements in your industry through tech publications and data platforms. Track which firms consistently invest in companies at your stage and sector. This research helps you identify investors with a current appetite for new deals.

What is the main difference between seed stage and Series A venture capital firms?

Seed stage investors focus on helping you validate your idea and build an initial product. Series A investors look for proven traction, such as revenue or strong user growth, and provide capital to help you scale your business significantly.

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

Once your round closes, our platform helps you manage your new capital effectively. We offer integrated business banking, corporate cards, and automated payments, all designed to give you clear financial control as you grow. Get started with Rho.