Investor follow-on scorecards
Share of each investor's portfolio companies that raised a later round within the window. Only investors with at least 10 eligible companies are shown.
| Investor | Eligible companies | Followed | 24-month follow-on rate (recorded rounds) | Median to next round |
|---|---|---|---|---|
| Accel | 62 | 25 | 40.3% | 10.6 months |
| Andreessen Horowitz | 61 | 14 | 23% | 15.8 months |
| Software Defined Automation | 58 | 9 | 15.5% | 6.2 months |
| Tiger Global | 53 | 15 | 28.3% | 6.9 months |
| Ribbit Capital | 40 | 19 | 47.5% | 7.4 months |
| General Catalyst | 39 | 15 | 38.5% | 8.7 months |
| Y Combinator | 39 | 10 | 25.6% | 14.1 months |
| Goldman Sachs | 36 | 13 | 36.1% | 17.1 months |
| Valar Ventures | 34 | 17 | 50% | 7.1 months |
| Sequoia Capital | 33 | 13 | 39.4% | 6.3 months |
| Index Ventures | 32 | 12 | 37.5% | 11.5 months |
| Speedinvest | 32 | 5 | 15.6% | 19.2 months |
| Partners | 31 | 9 | 29% | 8.6 months |
| Global Founders Capital | 27 | 5 | 18.5% | 7.7 months |
| Anthemis | 24 | 7 | 29.2% | 10.5 months |
| Bain Capital Ventures | 24 | 8 | 33.3% | 14.5 months |
| Bessemer Venture Partners | 24 | 6 | 25% | 11.2 months |
| Blockchain Founders Fund | 24 | 8 | 33.3% | 9.5 months |
| Lightspeed Venture Partners | 24 | 6 | 25% | 12.9 months |
| Tiger Global Management | 24 | 10 | 41.7% | 6.7 months |
| Seedcamp | 23 | 7 | 30.4% | 17.6 months |
| Tencent | 23 | 13 | 56.5% | 11.1 months |
| Lightspeed | 22 | 8 | 36.4% | 11.1 months |
| Mastercard | 22 | 6 | 27.3% | 6.7 months |
| Coatue | 21 | 8 | 38.1% | 5.4 months |
| LocalGlobe | 21 | 10 | 47.6% | 10 months |
| Spark Capital | 21 | 11 | 52.4% | 11.4 months |
| TTV Capital | 21 | 5 | 23.8% | 12 months |
| Menlo Ventures | 20 | 7 | 35% | 16 months |
| Octopus Ventures | 20 | 8 | 40% | 13.1 months |
| Point72 Ventures | 20 | 4 | 20% | 12.3 months |
| Capital 49 | 19 | 8 | 42.1% | 14.4 months |
| DST Global | 19 | 12 | 63.2% | 13.3 months |
| Visa | 19 | 6 | 31.6% | 11 months |
| GGV Capital | 18 | 5 | 27.8% | 13.6 months |
| Sequoia | 18 | 5 | 27.8% | 12.4 months |
| Target Global | 18 | 8 | 44.4% | 11.3 months |
| Citi Ventures | 17 | 2 | 11.8% | 16.8 months |
| Paradigm | 17 | 5 | 29.4% | 5.4 months |
| SoftBank | 17 | 5 | 29.4% | 17.5 months |
| Stripe | 17 | 9 | 52.9% | 11.8 months |
| Citi | 16 | 5 | 31.3% | 20.5 months |
| Commerce Ventures | 16 | 2 | 12.5% | 14 months |
| Finoa | 16 | 6 | 37.5% | 14.2 months |
| Greycroft | 16 | 7 | 43.8% | 7.6 months |
| Nyca Partners | 16 | 5 | 31.3% | 7 months |
| Polychain Capital | 16 | 3 | 18.8% | 5.2 months |
| Coinbase Ventures | 15 | 5 | 33.3% | 5.2 months |
| CommerzVentures | 15 | 1 | 6.7% | 10 months |
| Creandum | 15 | 9 | 60% | 13.1 months |
| Fund | 15 | 4 | 26.7% | 19.1 months |
| Kleiner Perkins | 15 | 7 | 46.7% | 11.8 months |
| Pantera Capital | 15 | 2 | 13.3% | 8.8 months |
| Partech | 15 | 7 | 46.7% | 11.6 months |
| Temasek | 15 | 5 | 33.3% | 17.7 months |
| Thrive Capital | 15 | 9 | 60% | 8.5 months |
| Union Square Ventures | 15 | 6 | 40% | 12.5 months |
| Animoca Brands | 14 | 1 | 7.1% | 3.8 months |
| BlackRock | 14 | 2 | 14.3% | 7.9 months |
| CEO | 14 | 1 | 7.1% | 6.2 months |
| Dawn Capital | 14 | 3 | 21.4% | 4.6 months |
| Fintech Collective | 14 | 5 | 35.7% | 13.6 months |
| NEA | 14 | 5 | 35.7% | 5.8 months |
| Quona Capital | 14 | 4 | 28.6% | 12 months |
| Sequoia India | 14 | 8 | 57.1% | 9.3 months |
| SV Angel | 14 | 6 | 42.9% | 7.7 months |
| Battery Ventures | 13 | 2 | 15.4% | 18.8 months |
| Endeavor Catalyst | 13 | 1 | 7.7% | 14.9 months |
| Gaingels | 13 | 1 | 7.7% | 18.2 months |
| Gradient Ventures | 13 | 4 | 30.8% | 14.1 months |
| Greylock Partners | 13 | 1 | 7.7% | 14.7 months |
| KKR | 13 | 3 | 23.1% | 16.3 months |
| Northzone | 13 | 7 | 53.9% | 11 months |
| Notion Capital | 13 | 4 | 30.8% | 18 months |
| Sequoia Capital India | 13 | 2 | 15.4% | 4.6 months |
| SoftBank Vision Fund | 13 | 3 | 23.1% | 14.4 months |
| the US | 13 | 5 | 38.5% | 10.5 months |
| Vertex Ventures | 13 | 5 | 38.5% | 15.6 months |
| Anthemis Group | 12 | 3 | 25% | 12.9 months |
| Crosslink Capital | 12 | 1 | 8.3% | 3.3 months |
| Currency Group | 12 | 2 | 16.7% | 12.7 months |
| General Atlantic | 12 | 6 | 50% | 17.7 months |
| GIC | 12 | 5 | 41.7% | 6.2 months |
| Goodwater Capital | 12 | 7 | 58.3% | 11.3 months |
| IFC | 12 | 4 | 33.3% | 4.8 months |
| J.P. Morgan | 12 | 4 | 33.3% | 6.7 months |
| Jump Capital | 12 | 2 | 16.7% | 10.3 months |
| MassMutual Ventures | 12 | 0 | 0% | — |
| MMC Ventures | 12 | 2 | 16.7% | 12.9 months |
| Social Capital | 12 | 4 | 33.3% | 8.8 months |
| Entrée Capital | 11 | 6 | 54.6% | 10.8 months |
| EQT Ventures | 11 | 3 | 27.3% | 19.6 months |
| Foundation Capital | 11 | 0 | 0% | — |
| Gateway | 11 | 5 | 45.5% | 8.7 months |
| Kaszek | 11 | 2 | 18.2% | 16 months |
| Khosla Ventures | 11 | 3 | 27.3% | 14.3 months |
| PayPal | 11 | 5 | 45.5% | 7.6 months |
| PayPal Ventures | 11 | 4 | 36.4% | 12.1 months |
| QED Investors | 11 | 1 | 9.1% | 11.7 months |
| Santander InnoVentures | 11 | 5 | 45.5% | 20.8 months |
| Silicon Valley Bank | 11 | 2 | 18.2% | 19.7 months |
| 83North | 10 | 4 | 40% | 9 months |
| Addition | 10 | 6 | 60% | 3.8 months |
| Bain Capital | 10 | 2 | 20% | 11.8 months |
| Earlybird | 10 | 3 | 30% | 18.1 months |
| Entrepreneur First | 10 | 2 | 20% | 15.6 months |
| Evolution Equity Partners | 10 | 1 | 10% | 5.5 months |
| FTV Capital | 10 | 0 | 0% | — |
| Insight Venture Partners | 10 | 4 | 40% | 10.8 months |
| Jump Crypto | 10 | 2 | 20% | 15.7 months |
| Matrix Partners | 10 | 3 | 30% | 14.4 months |
| Mosaic Ventures | 10 | 3 | 30% | 9.9 months |
| Nexus Venture Partners | 10 | 3 | 30% | 18.2 months |
| Portage Ventures | 10 | 3 | 30% | 15.9 months |
| Slow Ventures | 10 | 2 | 20% | 18.9 months |
| Tribe Capital | 10 | 2 | 20% | 19 months |
| Viola | 10 | 1 | 10% | 19.5 months |
Download the scorecards (CSV, CC BY 4.0)
How this is computed
How investor scorecards work
A scorecard shows how often an investor comes back: the share of companies it backed that raised again with the same investor within 24 months.
How it's computed - For each investor, we take the companies where it took part in a recorded round (the "entry"). - A company becomes eligible once 24 months have passed since that entry. - It counts as a follow-on if the same investor appears in a later recorded round of that company, at least 60 days after the entry and within those 24 months. - The rate is follow-ons divided by eligible companies. Scorecards are shown only for investors with at least [N] eligible companies.
What to keep in mind - The data covers public funding announcements captured by Builders in Fintech since November 2023, so an "entry" may itself be a follow-on of an earlier round we didn't record. - Rounds we missed lower the rate, so true follow-on rates are likely higher. - Only equity rounds count. Debt, fund closes, grants and IPOs are excluded. - The scorecards table is sorted by the number of eligible companies, not by rate, because small samples produce extreme rates.