This is a monthly newsletter that introduces some of the most active investors in US-based companies, highlights some of their most interesting investments, and includes some odds and ends on who invested in what. This is a special feature. See October’s most active startup investors here.
November has been cold in most parts of the United States, and it appears that VC companies have been affected as well.
Andreessen Horowitz (again), General Catalyst, and Sequoia Capital led the way as the busiest startup investors in the U.S., with just eight deals each. The decrease was significant as a16z was in the lead with 14 cases last month.
After these three companies, all other companies signed six or fewer investment deals with US-based startups.
It’s certainly quite cold.
Andreessen Horowitz, 8 properties
Andreessen Horowitz seems to be at or near the top of this list every month.
Last month was no different, with the Menlo Park, Calif.-based giant closing eight deals with U.S.-based startups, the lowest number since April.
Mr. Andreessen did not lead or co-lead the large U.S. deals, but he did participate in some. This includes xAI’s massive $50 billion funding round, valuing it at $50 billion, the Wall Street Journal reported.
But a16z wasn’t closing on a huge deal. We also participated in several large funding rounds.
General catalyst, 8 sales
General Catalyst also saw a significant decline between October and November, but eight investments involving US-based startups keep it tied for the top of the list.
While the company didn’t participate in a ton of large rounds last month, it did lead a $40 million seed round for Zarminali Health. Zarminali Health is a Chicago-based hybrid care startup that integrates experts, technology, and services to provide coordinated outpatient pediatric primary care. and specialty care.
General Catalyst also participated in a $19 million Series B in San Francisco-based luggage storage startup Bounce.
Sequoia Capital, 8 sales
Sequoia has matched eight deals with a16z and General Catalyst.
While this may seem like a small total for an investment giant, it’s roughly in line with what the company has done all year.
However, the small total doesn’t mean Sequoia isn’t participating in some big deals. The company participated in a $400 million round in Physical Intelligence, a startup that develops the brains of various robots, valuing the company at $2 billion, according to the New York Times. Sequoia also participated in cybersecurity startup Cyera’s $300 million Series D led by Accel and Sapphire Ventures, valuing the startup at $3 billion.
8VC and BoxGroup, 6 deals each
8VC (Footnote) 8VC is an investor in Crunchbase. They have no say in our editorial process. Click here for more information. (/footnote) and BoxGroup each made six investments in US-based startups.
8VC participated in the largest transaction of the two companies, participating in San Francisco-based healthcare software developer Sirona Medical’s $42 million Series C.
New York-based BoxGroup focuses on early-stage investments, so its deals are primarily seed and Series A. But he still participated in some interesting rounds, co-leading a $4 million seed for Anthrogen, a San Francisco-based biotech research company. It uses bacteria and enzymes to reduce carbon by converting it into chemicals.
Also worth noting:
Accel, Google Ventures, and Spark Capital are next on the list with five deals each. Spark Capital also led most of three led or co-led deals in November. Amazon led the list for the highest number of rounds it led or co-led, thanks to its massive $4 billion investment in ChatGPT rival AI startup Anthropic with its AI assistant Claude . Y Combinator once again became the top investment incubator and accelerator with 14 deals in November.
methodology
This is a list of investors who participated in the most rounds involving US-based startups. This does not include incubators and accelerators, as their investment amounts may fluctuate.
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Illustration: Dom Guzman
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