GV

GV raises nothing from outside limited partners. Alphabet is the sole investor, so the firm works from corporate capital commitments rather than numbered vintage funds with fixed investment periods and liquidation deadlines. It launched in 2009 as Google Ventures with an initial $100 million commitment and rebranded to GV in 2015, when Google reorganized under Alphabet. Committed capital has since grown to roughly $13 billion. The structure removes both the fundraising cycle and the fund-life clock that shape most venture firms, and GV leans on it directly, describing itself as dealing in decades rather than rounds and holding positions without an LP agreement forcing an exit. Deployment runs from seed through growth across technology and life sciences in North America, Europe and Israel. The firm has backed more than 500 companies, supports roughly 400 active positions, and counts 64 unicorns, 80 IPOs and more than 230 M&A exits.