Top 50 Venture Capital Firms by AUM (2026 Rankings)

The venture capital industry manages trillions of dollars in assets, with the largest firms deploying capital across every stage from pre-seed to late-stage growth. Assets under management (AUM) is one of the most widely-used metrics for sizing a venture capital firm, reflecting the total capital committed by limited partners (LPs) across all active funds.

The firms on this list represent the upper echelon of venture capital — organizations that have raised multi-billion-dollar fund families, backed category-defining companies, and generated outsized returns for their investors. From Andreessen Horowitz and Sequoia Capital to Tiger Global and General Catalyst, these firms shape the startup ecosystem through the sheer scale of their capital deployment, strategic guidance, and platform resources.

AUM trends in 2025 and 2026 reflect a market in transition. After the 2021 peak, mega-fund raises slowed but did not stop — many top-tier firms successfully closed oversubscribed funds. AI has emerged as the dominant sector thesis, with firms allocating significant portions of new funds to artificial intelligence infrastructure, applications, and foundation model companies. Climate tech, defense tech, and bio-convergence also continue to attract dedicated pools of capital at scale.

Use the sortable table below to explore the 50 largest VC firms by AUM. Click any column header to re-sort. Click a firm name to view its full profile, including portfolio companies, investment thesis, and team.