Top 30 Venture Capital Firms in San Francisco [2022]

San Francisco is undeniably the world’s first city that comes to mind to find the best venture capital firms. The largest 52 deals in 2021 alone totalled a whopping $32 billion capital raised, far more than any other state in the US.

Whether you are raising seed, Series A or higher, in this article we have listed our top picks of the best venture capital firms in SF, each with their industry focus and investment size.

So, if you haven’t yet started to reach out, here is a good place to start learning about them.

This article is part of a series where we present you the top Venture Capital firms across the US. For California, check out our rankings for Los Angeles, San Diego and San Jose.
Looking for San Francisco's top startup incubators and accelerators instead? Check out our ranking here.

Top 30 Venture Capital Firms In San Francisco

Here’s a summary of our top 30 picks for the best venture capital firms in San Francisco (in alphabetical order):

NameSector focusRoundInvestment sizeInvestments
AccelSoftware, Tech-enabled ServicesSeed to Series A+Undisclosed56
Advanced Technology VenturesIT, CleanTech, HealthcareSeries A+Undisclosed250+
Altos VenturesTechnologySeed to Series A+$500k to $100M133
Andreessen HorowitzConsumer, Enterprise, Bio+Healthcare, Crypto, FintechSeed to Series A+Undisclosed432
August CapitalTech-enabledSeed to Series A+Undisclosed173
BatteryTech-enabledSeed to Series A+Undisclosed400+
Bessemer Venture PartnersConsumer, Enterprise, HealthcareSeed, Series AUndisclosed368
Blumberg CapitalTechnologySeed, Series A$500k to $5M100
CanaanConsumer Tech, Enterprise, Fintech, Frontier Tech and Life SciencesSeed, Series AUndisclosed147
Charles River VenturesEnterprise, Bio, ConsumerSeedUndisclosed136
Citi VenturesFintech, Data Analytics & ML, Future of Commerce, Security & Enterprise IT, Customer Experience & Marketing, Proptech, DLT & Digital AssetsSeed to Series A+Undisclosed128
Costanoa VenturesData/ML Infrastructure, Fintech, Future Workforce, Modern SaaS, Rise of the Developer, SecuritySeed, Series AUndisclosed77
Crosslink CapitalConsumer, EnterpriseSeed, Series A$1M to $9M113
Delphi VenturesLife SciencesSeed to Series A+Undisclosed170
Emergence CapitalTech-enabledSeed, Series AUndisclosed80
Felicis VenturesTech and Tech-enabledSeed to Series A+Undisclosed231
First RoundEnterprise, Consumer, Hardware, Healthcare, Fintech, Sector AgnosticSeed, Series A$750k to $4M300+
Forerunner VenturesConsumer, EnterpriseSeed, Series AUndisclosed108
Foundation CapitalFintech, Enterprise, ConsumerSeed, Series AUndisclosed161
Khosla VenturesTech and Tech-enabledSeed, Series AUndisclosed247
Kleiner PerkinsTechnology and Life SciencesSeed to Series A+Undisclosed335
Menlo VenturesConsumer, Enterprise, HealthcareSeed to Series A+Undisclosed160+
NEATechnology and HealthcareSeed to Series A+Undisclosed369
Norwest Venture PartnersConsumer, Enterprise, HealthcareSeed to Series A+$1M to $30M444
Opus CapitalTechnologySeed, Series AUndisclosed350
Redpoint VenturesConsumer, EnterpriseSeed to Series A+Undisclosed465
SequoiaConsumer, EnterpriseSeed to Series A+Undisclosed266
ShastaSaaS, Data Intelligence, Cybersecurity, Low Code, Computer Vision, Consumer & HardwareSeed, Series AUndisclosed145
Spark CapitalConsumer, Crypto, Enterprise, Hardware, Fintech, Frontier Tech, MarketplacesSeed to Series AUndisclosed153
True VenturesTech and Tech-enabledSeed, Series AUndisclosed155

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#1. Accel

Accel is a global venture capital firm with a presence in San Francisco, Palo Alto, London, and Karnataka (India). This venture capital firm offers Seed to Series A+ funding to startups and companies working in the software and tech-enabled services sector.

Unfortunately, Accel doesn’t disclose the exact investment amount on its website. However, so far, the firm has invested in 56 companies. Some of the most famous companies that this venture capital firm has invested in include 1Password, BrowserStack, BlaBlaCar, Cohesity, Coin Tracker, Hootsuite, OLA, and Swiggy.

Apart from investment, Accel also offers hands-on mentorship and other support to help portfolio companies succeed in becoming sustainable companies.

#2. Advanced Technology Ventures

One of the most famous VC firms in Menlo Park in the San Francisco Bay Area, Advanced Technology Ventures started operations in 1979. This venture capital firm also has a physical presence in Boston. Ever since its inception, the firm has invested in over 250 startups. Unfortunately, the venture capital firm does not disclose the investment amount.

Advanced Technology Ventures manages $1.8 billion in capital and focuses on startups working in disruptive technologies in cleantech, healthcare, and IT.

The firm offers Series A+ funding for those companies that can move forward to become sustainable and strong businesses.

Of the 250+ portfolio companies, 72 had successful exits so far. Some of the notable investments include Tripwire (sold to Belden), Cedexis (acquired by Cisco), and Actifo (sold to Google).

#3. Altos Ventures

Located in Menlo Park in San Francisco Bay Area, Altos Ventures is a famous venture capital firm that offers Seed to Series A+ funding to startups working in the technology sector. In fact, this venture capital firm is also present in Asia.

As for the exact investment amount, Altos Ventures invests anywhere between $500k and $100M depending on the investment stage. This venture capital firm usually looks for tech companies in the consumer and enterprise segments, and it forms long-term relationships with each of its portfolio companies by providing operational guidance and mentorship whenever necessary.

So far, Altos Ventures has invested in 133 companies globally with some prominent names such as Quizlet, Marco Polo, Memebox, NexGenT, Outdoorsy, Egreetings.com, Digital Market, etc.

#4. Andreessen Horowitz

Also popular by the name a16z, Andreessen Horowitz is a popular venture capital firm that has a physical presence in San Francisco, Menlo Park, and New York. This venture capital firm keeps its exact investment amount undisclosed, but it offers Seed to Series A+ investments.

Andreesen Horowitz generally invests in companies in the following verticals: Consumer, Enterprise, Bio & Healthcare, Crypto, and Fintech. This venture capital firm has a massive network of entrepreneurs, engineers, executives, investors, industry experts, and academics, who help the portfolio companies to succeed by offering mentorship and insights.

So far, this venture capital firm has invested in 432 companies including big names like Asana, DigitalOcean, Airbnb, Lyft, Coinbase, Slack, Imgur, Instagram, and Stackoverflow, among others.

#5. August Capital

San Francisco-based August Capital is yet another big venture capital firm that offers Seed to Series A+ funding to technology-enabled companies. Unfortunately, this venture capital firm does not disclose the exact investment amount. However, so far, the firm has invested in 173 companies including big names such as Fastly, GitLab, PubMatic, Bill.com, Wattpad, and more.

What is interesting is that August Capital extends not only financial support, but also helps portfolio companies in many ways such as helping them in acquiring customers, raising funds, hiring people, and so on. In fact, this venture capital firm works as a team with its portfolio companies and helps them to succeed.

#6. Battery

With a physical presence in San Francisco, Boston, Menlo Park, New York City, London, and Herzliya (Israel), Battery is a well-known venture capital firm that came into existence in 1983. This venture capital firm invests in tech-enabled companies and offers Seed to Series A+ funding.

To be more specific, the firm invests in companies working in the Application Software, Infrastructure Software, Consumer, and Industrial Tech sectors.

Unfortunately, the venture capital firm does not disclose the exact investment amount anywhere on its website. But it has invested in 400+ companies so far including big names like 6sense, Affirm, Avalara, BlueJeans, Bonfire, Cohesity, Coinbase, Groupon, Nitro, Wag!, and more.

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#7. Bessemer Venture Partners

Bessemer Venture Partners is one of the most famous venture capital firms in San Francisco. However, it also has a physical presence in Silicon Valley, Boston, New York City, Westchester, India, Israel, and London.

So far, this venture capital firm has invested in 368 companies globally. It offers Seed and Series A funding, but unfortunately, the firm does not disclose the exact investment amount anywhere on its website.

Bessemer Venture Partners offers investment to companies operating in three verticals – Consumer, Enterprise, and Healthcare. Pinterest, Shopify, LinkedIn, Twitch, Yelp, Wix, Auth0, Twilio, SendGrid, Zapier, and VeriSign are some notable investments made by this venture capital firm.

#8. Blumberg Capital

Blumberg Capital is a well-known venture capital firm headquartered in San Francisco. However, they have teams operational in Tel Aviv, New York, and Miami. This venture capital firm offers Seed and Series A investments to startups in the technology sector.

This venture capital firm offers $500k to $5M investment, but they are open to follow-on investments if necessary. The firm also assumes board membership and works as a strategic partner with its portfolio companies.

So far, Blumberg Capital has invested in 100 companies, some of which are abitlucky, AbirNet, Able, Addepar, Braze, Creo, Hootsuite, Shyft, and ZipZapPlay among others.

#9. Canaan

Canaan is a popular venture capital firm located in San Francisco. However, it also has a physical presence in Menlo Park, Connecticut, and New York. This venture capital firm offers Seed and Series A funding to companies operating in the Consumer Tech, Fintech, Enterprise, Life Sciences, and Frontier Tech sectors.

This venture capital firm does not disclose the exact investment amount anywhere on its website. However, so far, the firm has invested in 147 companies with some notable names being Berkshire Grey, Astra, Arvinas, The Real Real, Kabam, LendingClub, Skybox Imaging, match.com, metacloud, and Virsto.

#10. Charles River Ventures

Operating since 1970, CRV or Charles River Ventures is one of the oldest venture capital firms operating in San Francisco. However, it also has a physical presence in Palo Alto and Boston. This firm has invested in 136 companies since its inception, and it focuses on early-stage tech startups.

CRV offers Seed funding to selected startups and stays with them through their entrepreneurial journey through long-term committed partnerships. Interestingly, the firm doesn’t disclose the exact funding amount.

Some of the notable companies that CRV invested in include Twitter, DoorDash, Airtable, Zendesk, Datadog, etc.

#11. Citi Ventures

Citi Ventures is the venture capital wing of Citi – a global investment bank and financial services provider. This venture firm has a physical presence in San Francisco, New York City, London, Tel Aviv, and London.

This venture capital firm offers Seed to Series A+ funding to companies working in Fintech, Data Analytics & ML, Future of Commerce, Security & Enterprise IT, Customer Experience & Marketing, Proptech, and DLT & Digital Assets sectors. Unfortunately, Citi Ventures does not disclose the exact investment amount anywhere on its website.

So far, Citi Ventures has invested in 128 companies including big names like Anaconda, Cart.com, Arcus, Braze, Chain, Kenna Security, Platfora, and Second Measure, among others.

#12. Costanoa Ventures

With a physical presence in San Francisco and Palo Alto, Costanoa Ventures is a popular venture capital firm that has invested in 77 companies so far. This venture capital firm offers Seed and Series A funding to companies operating in Data/ML Infrastructure, Fintech, Future Workforce, Modern SaaS, Rise of the Developer, and Security sectors.

Unfortunately, like several other venture capital firms on this list, Costanoa Ventures does not disclose the exact investment amount. Apart from direct investment, this venture capital firm also incubates its portfolio companies and helps them with various aspects such as market entry, liftoff, and growth.

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#13. Crosslink Capital

Crosslink Capital was founded back in 1989, and today it has over $3 billion of assets under management. This venture capital firm is headquartered in San Francisco and offers Seed and Series A investments to companies working in the Consumer and Enterprise segments.

This venture capital firm usually writes a check of anywhere between $1M and $9M, and so far, it has invested in 113 companies of which 50+ companies had successful exits and 17 reached the IPO stage.

Some of the most notable companies Crosslink Capital has invested in include Armory, AutoFi, Brace, Chime, Flo, HomeLight, Pandora, and Forma.ai.

#14. Delphi Ventures

Delphi Ventures is one of the first venture capital firms that was created with a focus on investing only in life sciences companies. Located in San Mateo in the San Francisco Bay Area, this venture capital firm has so far invested in 170 companies with 125 of them either reaching the IPO stage or went through M&A exits.

This venture capital firm offers Seed to Series A+ investments. However, it does not disclose the exact investment amount anywhere on its website. Some of the most notable recent investments made by Delphi Ventures include Salmedix, SeattleGenetics, Relypsa, OncoMed, Senseonics, Foresight Visions, and Karyopharm, among others.

#15. Emergence Capital

Located in San Francisco and San Mateo, Emergence Capital is a popular venture capital firm that offers Seed and Series A investments to companies working in the tech-enabled sector. Unfortunately, this venture capital firm does not disclose the exact investment amount anywhere on its website.

However, the firm has so far invested in 80 companies including BetterWorks, Box, Comfy, Crunchbase, Eversight, Guru, Salesforce, Sendbird, Zoom, Insightly, Ironclad, and Total Expert, among others.

Apart from direct investment, Emergence Capital also offers its experience and insights to help its portfolio companies succeed in the long run.

#16. Felicis Ventures

Another famous venture capital firm located in Menlo Park in San Francisco Bay Area is Felicis Ventures. This venture capital firm invests in tech and tech-enabled companies and offers Seed to Series A+ funding. Unfortunately, this venture capital firm does not disclose the exact investment amount anywhere on its website.

So far, Felicis Ventures has invested in 231 companies, some of which are iconic. For instance, Felicis has invested in companies like Amazon, Shopify, Canva, GUILD, Twitch, Credit Karma, Opendoor, Ginkgo Bioworks, Komodo Health, and Notion.

Apart from direct funding, Felicis Ventures offers mentorship and executive coaching to its portfolio companies and helps them to succeed.

#17. First Round

First Round Capital is one of the most prominent VC firms in San Francisco, however, they also have offices in Philadelphia and New York. This VC firm invests anywhere between $750k and $4M and helps the companies to grow.

However, they typically invest around $2M, but that doesn’t mean they won’t make small investments or larger investments. What is interesting is that they also make follow-on investments in their portfolio companies. They usually look for 15% ownership after the seed round. So far, the venture capital firm has invested in 300+ companies.

They typically perform Pre-Seed, Seed, and Series A funding in companies operating in Hardware, Healthcare, Fintech, Consumer, and Enterprise categories.

#18. Forerunner Ventures

Forerunner Ventures is one of the most prominent venture capital firms in San Francisco. This venture capital firm has invested in 108 companies so far, and it offers Seed and Series A funding to companies working in the Consumer and Enterprise sectors.

Unfortunately, Forerunner Ventures does not mention the exact investment amount anywhere on its website.

Among the many companies they have invested in, some of the most prominent ones include Curated, Canal, Buffalo Market, Birchbox, Loupe, Moment House, Fora, Dumpling, A-Frame, Homebase, Lumi, and Zyper.

Forerunner Ventures doesn’t just offer to fund. The firm also offers market insights and mentorship to its portfolio companies to help them transform the industries they work in.

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#19. Foundation Capital

Another popular venture capital firm located in Palo Alto in the San Francisco Bay Area is Foundation Capital. This venture capital firm offers Seed and Series A funding to startups working in the Fintech, Consumer, and Enterprise sectors.

Just like many other venture capital firms, Foundation Capital does not disclose the exact investment amount on its website.

So far, Foundation Capital has invested in 161 companies. Some of the most famous companies that this venture capital firm funded include Netflix, Grabr, Cohesity, Catalytic, Brave, Pocket, Rover, and TradeLedger, among others.

#20. Khosla Ventures

Located in Menlo Park in the San Francisco Bay Area, Khosla Ventures is a very popular venture capital firm that offers Seed and Series A funding to startups. They usually focus on tech and tech-enabled companies.

Unfortunately, the firm does not disclose the exact investment amount. However, the firm has made 247 investments so far. What is interesting to note is that the firm not only invests but also assumes board membership and brainstorms with its portfolio companies to help them become successful.

Some of the many companies they have invested in include Academia.edu, AltaRock Energy, AttackIQ, Blue River Technology, Giant.AI, Homebase, Karma Biotechnologies, and Nutanix, among others.

#21. Kleiner Perkins

With 335 investments to date, Kleiner Perkins is one of the most prominent venture capital firms located in Menlo Park in the San Francisco Bay Area. This venture capital firm offers Seed to Series A+ funding to companies working in the Technology and Life Sciences sectors.

Unfortunately, Kleiner Perkins does not disclose the exact investment amount anywhere on its websites.

This venture capital firm has made investments in some of the most iconic companies of today’s world including names like Amazon, Twitter, Google, Spotify, AOL, Netscape, Slack, Sun Microsystems, Verisign, Airbnb, Audible, Compaq, Duolingo, Facebook, Groupon, Pinterest, and Uber, among others.

#22. Menlo Ventures

Menlo Ventures is a popular venture capital firm located in San Francisco and Menlo Park. This venture capital firm offers Seed to Series A+ funding to companies operating in the Consumer, Healthcare, and Enterprise sectors. There is no mention of the exact investment amount anywhere on its website.

So far, Menlo Ventures has invested in 160 companies, some of which are Siri (acquired by Apple), Roku, Uber, Rover, HomeLight, Hotmail, Poshmark, Clarify, PillPack, Encoded Therapeutics, Particle, and Recursion.

This venture capital firm does not just invest money, but also offers valuable advice and insights to its portfolio companies to help them succeed and become sustainable businesses.

#23. NEA

New Enterprise Associates or NEA is a popular venture capital firm with offices in San Francisco, Menlo Park, Timonium, New York, and Chevy Chase. NEA offers venture funding to companies operating in the Technology and Healthcare sectors. The firm offers Seed to Series A+ funding, but it does not disclose the exact investment amount anywhere on its website.

So far, NEA has invested in 369 companies including some popular names such as Patreon, MoneyTap, MasterClass, Coursera, Inkitt, Hyperion Therapeutics, Grid, DataBricks, Rapid Robotics, Upwork, Upstart, and Waymark, among others.

Apart from just offering funds, NEA also offers expert guidance and mentorship to every portfolio company throughout its lifecycle.

#24. Norwest Venture Partners

Located in San Francisco, Palo Alto, Israel, and India, Norwest Venture Partners is a popular venture capital firm that offers Seed to Series A+ funding. This venture capital firm focuses on companies operating in the Consumer, Enterprise, and Healthcare sectors.

Norwest Venture Partners usually writes a check of anywhere between $1M and $30M. Apart from funds, the firm also offers mentoring and technical insights into building a successful company.

So far, this venture capital firm has invested in 444 companies, some of which are Udemy, Vector Solutions, Productiv, Opendoor, Imperfect Foods, Demandbase, Calm, Anomalo, Babylist, Amagi, and AbsenceSoft, among others.

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#25. Opus Capital

Located in Menlo Park in San Francisco Bay Area, Opus Capital is yet another famed venture capital firm that offers Seed and Series A funding to technology companies. So far, this venture capital firm has invested in 350 companies, some of which are iconic.

Some of the many companies Opus Capital has invested in include names such as FedEx, DoubleClick, Juniper Networks, Aol., EFI, idEngines, Informatica, Alcatel, and WorkBoard.

Opus Capital does not disclose the exact amount it invests in its portfolio companies. However, it is noteworthy that this venture capital firm offers valuable insights and mentorship to its portfolio companies and helps them to succeed.

#26. Redpoint Ventures

Redpoint Ventures is a well-known venture capital firm located in Menlo Park in San Francisco Bay Area. This venture capital firm invests in companies operating in the Consumer and Enterprise sectors. To be more specific, the firm invests in companies in the Application, Blockchain, Consumer, Fintech, Healthcare, and Infrastructure sectors, and offers Seed to Series A+ funding.

The firm does not disclose the exact investment amount, but it has so far invested in 465 companies, some of which are Stripe, Snowflake, Airmeet, Answers.com, Ask, Alchemy, Clearwell, Juniper Networks, Netflix, MySpace, Scribd, ThredUP, and Trip.com, among others.

#27. Sequoia

With 266 investments, Sequoia is one of the most popular venture capital firms located in Menlo Park in the San Francisco Bay Area. This venture capital firm also has a physical presence in India, China, and Europe.

Sequoia is known for investing in some of the most iconic companies in this world including Apple, Cisco, Dashlane, Dropbox, GitHub, Google, HubSpot, LinkedIn, MongoDB, NVIDIA, Oracle, PayPal, Reddit, SpaceX, Tumblr, Yahoo, YouTube, and Zapier.

Interestingly, Sequoia does not disclose the exact investment amount, but it offers Seed to Series A+ funding to companies operating in the Consumer and Enterprise sectors.

#28. Shasta

Shasta is a well-known venture capital firm located in Menlo Park in San Francisco Bay Area. This venture capital firm has over a billion dollars of assets under management, and it provides Seed and Series A funding to companies operating in the SaaS, Cybersecurity, Infrastructure, Data Intelligence, and Consumer Subscription sectors.

Unfortunately, the venture capital firm does not disclose the exact investment amount anywhere on its website. However, Shasta has invested in 145 companies. Some of them are Canva, Outpost, Dollar Shave Club, Lucidworks, Deep Sentinel, SendBird, Starship Technology, and Poppin.

#29. Spark Capital

One of the most prominent venture capital firms in San Francisco, Spark Capital offers funding to startups working in various sectors including Consumer, Marketplaces, Frontier Tech, Fintech, Enterprise, Hardware, and Crypto.

What is interesting about Spark Capital is that they are stage agnostic, which means, they are open to funding irrespective of the stage of the company provided they like the idea or the product.

They not only provide funding but also offer mentorship and access to industry experts who can help the companies scale into sustainable businesses.

So far, Spark Capital has made 153 investments with some of the most notable names being Twitter, Rover.com, Coinbase, Oculus, Slack, Wayfair, Tumblr, Snap, eToro, and Grammarly, etc.

#30. True Ventures

Based in San Francisco, True Ventures is a popular venture capital firm that offers Seed and Series A funding to Tech and Tech-enabled companies. This venture capital firm also has a physical presence in Palo Alto.

So far, True Ventures has invested in 155 companies, but unfortunately, the firm does not disclose the exact investment amount anywhere on its website. Apart from providing funds, True Ventures also offers valuable business and operational mentorship to help its portfolio companies become successful

Some of the many companies that True Ventures has invested in include BandCamp, Peloton, Fitbit, Duo, TripleLift, Ring, GoodReads, Typekit, and About.me.

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