Who really holds the power in venture capital?
It's not just about check size. It's about influence, reach, and conviction.
These are the 10 VC firms with the deepest pockets in 2025 👇
1️⃣ Tiger Global– $58.5B
Bounced back fast after a brutal 2022. Closed 2023 with +28.5% returns, then +24% in 2024. Their hybrid fund structure lets them move early, fast, and with size.
2️⃣ Sequoia Capital – $55.7B
Split into regions, but the brand still signals dominance. Their DNA runs through Apple, Google, and WhatsApp.
3️⃣ Andreessen Horowitz – $52.3B
A machine. 500+ people across ops, marketing, crypto, bio, and beyond. They operate like a tech company disguised as a VC.
4️⃣ Legend Capital君联资本 – $48.1B
China’s innovation engine. 600+ portfolio companies across deep tech, biotech, and industrials.
5️⃣ New Enterprise Associates (NEA) – $25.9B
Covers every stage, every region. Backers of Robinhood, Duolingo, Plaid. One of the few truly global multistage players.
6️⃣ Lightspeed – $25B
Early on Snap and Affirm. Restructured as an RIA to move across venture and growth with more freedom.
7️⃣ Dragoneer Investment Group – $21.7B
Low profile, high impact. Known for growth-stage hits like Airbnb, DoorDash, and Nubank.
8️⃣ TCV – $19.8B
Growth-stage purist. Long-term bets on Spotify, Netflix, Peloton.
9️⃣ Bessemer Venture Partners– $19.6B
Radical transparency. Their anti-portfolio is public. Early wins: LinkedIn, Shopify, Twilio.
🔟 Accel – $19.1B
Early Facebook, Slack, Flipkart. Global by design, not by trend.
More capital means deeper pockets in down cycles, more follow-ons, and more control over outcomes.
Credit to Elana Gold for the sharp breakdown.
