Top 56 DTC Venture Capital Firms (2026)

1. Norwest

Norwest provides venture and growth equity to companies from early to late stages, focusing on the consumer, enterprise, and healthcare sectors. They help founders scale their businesses by offering a deep network and operational experience, with a portfolio that includes companies like Vertex Pharmaceuticals.

2. Lightspeed Venture Partners

Lightspeed Venture Partners backs founders from seed to growth, focusing on disruptive companies in the enterprise, consumer, health, and fintech sectors. They have helped build category-defining businesses like Grubhub and Zscaler, supporting them from inception to IPO.

3. Plug and Play

As a global innovation platform, Plug and Play runs accelerator programs across dozens of industries to connect early-stage startups with corporations and investors. This model of fostering corporate-startup collaboration has helped build a portfolio that includes major exits like Honey and Life360.

4. Benchmark

Benchmark partners with entrepreneurs at the earliest stages, helping build transformational companies in mobile, marketplaces, social, and enterprise software. Their unique, hands-on approach from five equal partners has helped launch iconic brands including Uber, Snapchat, and Instagram.

5. Shenzhen Capital Group

Backed by the Shenzhen Government, Shenzhen Capital Group funds high-tech enterprises and SMEs to help build China's national industries. They invest from seed to late-stage across sectors like IT, biopharma, and new energy, and have guided a large number of portfolio companies to public listings.

6. Forerunner

Forerunner invests in founders building brands for the modern consumer, with a focus on understanding where customer needs are headed next. Their support, which combines capital with deep consumer insight, has helped build culture-defining companies like Dollar Shave Club, Warby Parker, and Hims & Hers.

7. Alpha JWC Ventures

With a deep focus on Indonesia, Alpha JWC Ventures invests in early to growth-stage technology companies, particularly in the fintech and consumer sectors. Their hands-on approach has helped build some of the region's most successful startups, including financial platform Ajaib and coffee chain Kopi Kenangan.

8. HV Capital

For over two decades, HV Capital has been one of Europe's most active investors, backing internet and technology companies like Zalando, Delivery Hero, and Flixbus. They are one of the few firms on the continent capable of financing startups through every growth phase, from seed to late stage.

9. Matrix Partners China

Matrix Partners China builds long-term relationships with entrepreneurs at the early and Series A stages, helping them create industry-leading companies in SaaS, deep tech, and consumer markets. Their team of former entrepreneurs and experienced investors has guided major successes like Baidu, Focus Media, and Eachnet through to IPOs and profitable acquisitions.

10. Astanor Ventures

Astanor Ventures backs entrepreneurs using technology to regenerate the food, agriculture, and ocean sectors. By providing capital and access to a deep network of industry experts, they help companies like Planetary, Umiami, and Melibio create a more nourishing and sustainable food future.