54 VC firms investing in e-commerce & marketplaces and logistics & supply chain at the Series A stage.
F4 Fund tracks 54 VC firms that actively invest in e-commerce & marketplaces + logistics & supply chain at the Series A stage, with check sizes ranging from $5K – $350M (median: $2.8M – $2.8M). As of June 2026, and 94% lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 1,358+ researched VC firms, scored by data completeness, portfolio depth, investment recency, and stage alignment.
| # | Firm | Check Size | Portfolio | Leads? | Activity | Decision | Intro |
|---|---|---|---|---|---|---|---|
| 1 | ▶ NewRoad Capital Partners Operator-led growth equity firm investing in demand-driven companies in Supply Chain & Logistics, Retail Tech/CPG, and Marketing Technology. Partners with founders who have proven product-market fit and are ready to scale with hands-on operational support from the NewRoad team's 300+ years of combined operating experience. Bentonville, AR | $5M – $20M | 23 | Leads | Active | ~1 mo | — |
| 2 | ▶ Musha Ventures Disciplined, Africa-focused seed investing backing exceptional founding teams solving real African problems with technology-enabled solutions demonstrating strong unit economics, capital efficiency, and ability to scale across emerging markets. Emphasis on founder quality, fundamental unit economics, sufficient capital for 18-24 month runway, and reasonable entry valuations. New York | $25K – $500K | 43 | Leads | Active | ~1 mo | Open |
| 3 | ▶ Alpaca VC We invest in technology companies that reshape foundational industries – real estate, commerce, manufacturing, energy, logistics, and agriculture. Founded by entrepreneurs for entrepreneurs, we bring operational guidance, strategic insights from proprietary Field Studies research, and downstream capital access. We believe the startup journey is better together, providing hands-on support to exceptional founders building enduring companies. New York | $500K – $5M | 72 | Both | Active | ~2 wks | Open |
| 4 | ▶ Vinyl Capital We invest in formation-stage founders building commerce infrastructure—the systems and solutions that power tomorrow's economy. Pre-revenue, pre-product, often pre-DBA. We back founders with technical depth and domain obsession in e-commerce operations, fintech, logistics, and customer engagement infrastructure. Like vinyl records, we invest in fullness and authenticity, not stripped-down solutions. | $250K – $3M | 33 | Both | Active | ~2 wks | Open |
| 5 | ▶ Silicon Road Ventures Silicon Road Ventures is the dedicated commerce tech VC. They back founders building the future of retail, e-commerce, supply chain, fintech, and multichannel commerce — the full stack of commerce infrastructure for the modern era. Their Atlanta base and deep retailer network (Macy's, Walmart, Home Depot via Frank Blake advisory) provide unique portfolio value through their Corporate Connect and Retail Sandbox programs. Atlanta | $250K – $2M | 32 | Both | Active | ~1 mo | Open |
| 6 | ▶ ONEVC Latin America has exceptional founding talent capable of building world-class, globally competitive companies. Founders face specific challenges including talent scarcity and limited access to experienced capital. We provide not just capital but active operational support including talent recruitment, people strategy, and strategic guidance. São Paulo | $350K – $21.5M | 16 | Both | Active | ~2 mo | Open |
| 7 | ▶ Nazca VC Founder-centric VC backing bold, tech-enabled entrepreneurs transforming industries across Spanish-speaking Latin America. Invests from Seed through pre-IPO with deep operational support including networks, talent, and strategic partnerships. Uses proprietary data and AI to source and evaluate deals. Mexico City | $500K – $5M | 39 | Both | Active | — | Open |
| 8 | ▶ Raba Partners We are long-term business partners to founders. We operate as an investment partnership focused on founders building category-defining African technology companies, with tight founder-investor-LP alignment and deep operational support. Cape Town | $100K – $3M | 38 | Leads | Active | ~1 mo | Open |
| 9 | ▶ Goodwell Investments Do well by doing good: invest in scalable companies providing essential goods and services to underserved populations in Africa, delivering both competitive financial returns and measurable social impact. African inclusive-growth businesses demonstrate resilience and provide huge commercial opportunities. Amsterdam | $10K – $1M | 21 | Leads | Active | ~2 mo | Open |
| 10 | ▶ JAM Fund Back underestimated founders with something to prove who are disrupting large markets. Emphasizes geographic arbitrage in emerging markets (Africa, LATAM, Asia) where founder quality is exceptional but capital access is limited. Los Angeles | $500K – $20M | 58 | Leads | Active | ~2 wks | Open |
| 11 | ▶ MANTIS Venture Capital Mantis invests opportunistically in Seed and Series A technology-enabled startups, leveraging deep social capital across tech, media, entertainment, and finance to provide unmatched GTM support. The firm is founder-obsessed and differentiates through celebrity network access, customer introductions, talent acquisition help, and brand amplification. Santa Monica | $500K – $3M | 113 | Both | Active | ~2 wks | Open |
| 12 | ▶ Kaszek Partner with extraordinary founders building the next generation of iconic Latin American technology companies. Invest in any tech-enabled sector where innovation can drive significant disruption. Bring not just capital but deep operational expertise as former MercadoLibre executives and entrepreneurs. Buenos Aires | $500K – $50M | 55 | Leads | Active | ~1 mo | Open |
| 13 | ▶ 4DX Ventures Back technology founders solving foundational and transformational problems across Africa and MENA. Focus on underserved markets with significant TAM. Support entrepreneurs demonstrating grit, creativity, growth mindset, and conviction. Combine global capital markets access with deep local operational expertise. New York | $500K – $10M | 30 | Both | Active | ~1 wk | Open |
| 14 | ▶ Global Founders Capital Global early-stage investor backing technical founders building category-defining ventures with global ambition. We believe exceptional founders can emerge from anywhere, and we provide operational support through a network of 16 global offices to help them scale across multiple continents from day zero. Berlin | $1M – $3M | 30 | Leads | Active | ~2 wks | Open |
| 15 | ▶ Golden Palm Investments Africa's future prosperity depends on technological innovation across foundational sectors. Brilliant entrepreneurs applying technology to solve Africa's most pressing problems build world-class businesses while generating exceptional returns. Commercial rigor combined with social impact creates sustainable value. Ghana | $250K – $15M | 33 | Leads | Active | ~1 mo | Open |
| 16 | ▶ XRC Labs Technologies that change and are changed by consumer behavior. We invest at the intersection of innovation and consumer behavior, providing not just capital but direct access to corporate partners (Mastercard, Estée Lauder, TJX), 370+ mentors, and retail distribution. Brooklyn | $200K – $3M | 15 | Leads | Active | ~2 wks | Req'd |
| 17 | ▶ Market One Capital We back European platforms of tomorrow that democratize market access and enhance efficiency through the power of network effects. Platforms create value by connecting multiple stakeholders in sustainable, long-term businesses. | $250K – $3M | 42 | Leads | Active | ~2 wks | Open |
| 18 | ▶ Kalaari Capital Empowering visionary entrepreneurs to build unique solutions that reshape how Indians live, work, consume, and transact. Kalaari backs potential over pedigree — first-time founders welcome — focusing on tech-driven Indian market opportunities from Pre-Seed through Series A. Bengaluru, India | $500K – $5M | 40 | Leads | Active | ~1 mo | Open |
| 19 | ▶ Monashees Back technology that enhances human potential, not just fancy tech. Invest in passionate founders solving real market problems with human-centered impact. Focus on sustainable businesses contributing to economic transformation in Latin America and globally. São Paulo | $250K – $5M | 21 | Both | Active | ~2 wks | Open |
| 20 | ▶ Gobi Partners Bespoke Capital for Enduring Impact. Gobi invests where capital alone is insufficient — requiring deep local relationships, sustained engagement, and informed judgment across Asia's diverse and complex markets. They focus on technology companies solving structural inefficiencies across underserved Asian markets, from fintech to deep tech to sustainable infrastructure. Kuala Lumpur | $1M – $50M | 37 | Leads | Active | — | — |
| 21 | ▶ Kindred Ventures Kindred backs visionary and relentless founders building the future using technology and science at the earliest stages, often helping form companies before they exist. With Kindred Ventures IV and Kindred Selector II, the firm is emphasizing the novel intelligence frontier: AGI-capable models and harnesses that extend human capabilities, new AI-native consumer and enterprise experiences, physical AI, compute, infrastructure, energy, science, outer space, and inner space. San Francisco | $500K – $5M | 54 | Leads | Active | ~2 wks | Req'd |
| 22 | ▶ Golden Gate Empower audacious founders who challenge norms and leverage technology to transform industries. We believe in first-time founders with scrappy outsider mentality and narrow niche focus. Silicon Valley expertise combined with deep emerging market knowledge across three continents. Singapore | $25K – $10M | 33 | Leads | Active | ~2 wks | Req'd |
| 23 | ▶ Armory Square Ventures Great companies can emerge from unexpected places. ASV backs visionary B2B SaaS founders building in America's emerging tech hubs — markets overlooked by coastal VCs — pairing conviction and capital with mentorship, governance, and network access. Syracuse, NY | $500K – $5M | 24 | Leads | Active | ~1 mo | Open |
| 24 | ▶ Future Africa Bold, visionary African founders solving Africa's biggest challenges represent global business opportunities. We combine capital, operational support, and community to build sustainable, continent-scale businesses. Lagos | $40K – $5M | 31 | Leads | Active | ~2 wks | Req'd |
| 25 | ▶ HI Ventures Back Latin American founders with global ambitions who use technology and AI to solve hard, inefficient markets in fintech, commerce, human capital, health, smart cities, and related large regional opportunities. Mexico City | $1M – $5M | 31 | Leads | Active | ~2 mo | Open |
| 26 | ▶ Wonder Ventures Invest in Southern California's best founders earlier than anyone else. No idea is too early. We fund companies earlier than most VCs, providing not just capital but hands-on support and operational expertise. Our founder-first philosophy and No Ghosting Rule ensure responsive, engaged partnerships. Santa Monica | $250K – $2M | 47 | Leads | Active | ~1 wk | Req'd |
| 27 | ▶ R136 Ventures Identifies inflection points through proprietary Discovery Engine and backs founders who see opportunities others miss. Focuses on AI-driven transformation of B2B software and financial services, with deep technical due diligence analyzing 250+ data points. Woodside, CA | $2M – $20M | 40 | Both | Active | ~1 mo | Open |
| 28 | ▶ Launch Africa Pan-African fund solving the significant funding gap in Seed and pre-Series A investment. Backing ambitious African founders tackling critical continental challenges with operational support and investor network. Mauritius | $100K – $2M | 33 | Leads | Active | ~1 mo | Open |
| 29 | ▶ Sawari Ventures North Africa and Africa possess tremendous entrepreneurial talent. Strategic capital combined with operational expertise can unlock transformative solutions that reshape industries. We invest in founders solving region-critical problems. Cairo | $200K – $2M | 20 | Leads | Active | ~1 mo | Open |
| 30 | ▶ Snatched Ventures Backs DeepTech startups at the intersection of AI/ML, materials science, advanced manufacturing, biotechnology, optics, electronics, robotics, and blockchain — driving sustainable operational transformation across six thematics: transportation & logistics, energy & water, food & agriculture, fashion & beauty, precision medicine & aging, and retail & e-commerce. Requires commercial traction (min $1M revenue, 50%+ gross margins) and a minimum 10% ownership stake. San Francisco | $500K – $5M | 25 | Leads | Active | — | — |
| 31 | ▶ Left Lane Capital Invest in hyper-growth consumer and technology businesses with enduring customer relationships. Back founders challenging the status quo through digital transformation. Focus on companies with strong unit economics, loyal customer bases, and defensible competitive advantages in complex, regulation-heavy markets. Brooklyn | $5M – $50M | 42 | Both | Active | ~2 wks | Open |
| 32 | ▶ Broadway Venture Partners Broadway partners with exceptional early-stage technology companies off the beaten path, with a particular focus on the future of commerce, AI-powered tools for consumer and enterprise markets, and marketplace businesses. San Francisco | $500K – $3M | 4 | Follows | Active | — | — |
| 33 | ▶ Alter Global Catalyze emerging tech ecosystems by backing role-model founders who create outsized value in their nations. We believe in tech unicorns that create millions of jobs and transform nations. | $500K – $5M | 12 | Leads | Active | — | — |
| 34 | ▶ Rosecliff Ventures We seek to create positive economic impact and long-term value by providing lifetime support to companies from seed through late-stage equity and credit. We differentiate through deep Wall Street expertise, strategic LP networks, and innovative financing vehicles. New York | $500K – $10M | 22 | Both | Active | ~2 mo | Open |
| 35 | ▶ Rainfall Ventures We invest in world-class founders solving significant problems. We prioritize founder quality, founder-problem fit, and values-aligned partnerships. We help exceptional founders become category leaders early, before they become obvious trends. Los Angeles | $500K – $5M | 41 | Leads | Active | ~2 wks | Req'd |
| 36 | ▶ White Star Capital Technology companies are becoming intertwined with the global economy more so than ever before. The most compelling founders build businesses through a broader world view. White Star Capital backs globally ambitious entrepreneurs at Series A, B, and Seed stages across North America, Europe, and Asia, helping them scale internationally through deep local presence on three continents. London | $1M – $25M | 41 | Leads | Active | ~1 mo | Open |
| 37 | ▶ Greenoaks Greenoaks backs generation-defining technology companies with exceptional long-term growth potential. We make concentrated, large initial bets and maintain positions through multiple rounds and public markets, believing that exceptional founders and products deserve exceptional partnership. San Francisco | $25M – $75M | 20 | Both | Active | ~2 mo | Req'd |
| 38 | ▶ Lightbox Early-growth brands that India will obsess over tomorrow — technology-led consumer businesses where product is the champion and tech a catalyst. Lightbox takes concentrated bets in select entrepreneurs and partners beyond capital through deep operational involvement. Mumbai | $5M – $30M | 20 | Leads | Slowing | ~2 mo | Open |
| 39 | ▶ Coatue The best investment opportunities emerge at the intersection of innovation and scale. We invest across the full lifecycle from seed to public markets, focusing on technology companies that will transform sectors globally with particular conviction in AI-enabled platforms and infrastructure. New York | $1M – $100M | 30 | Both | Active | ~2 wks | Open |
| 40 | ▶ Google Launchpad Accelerator Innovative technology entrepreneurs exist globally, particularly in emerging markets, and deserve access to world-class mentorship, infrastructure, and Google's vast product ecosystem. We support founders who have proven product-market fit in their home markets and are ready to expand internationally. Mountain View | $20K – $100K | 15 | — | Active | ~1 mo | Open |
| 41 | ▶ Graph Ventures Back founders from day one with founder-focused support across fundraising, growth, product, and international expansion. We believe diverse founding teams and global thinking drive exceptional returns. San Francisco | $5K – $5M | 29 | Both | Active | ~2 wks | Open |
| 42 | ▶ Lightbank Lightbank invests in disruptive technology companies led by great founders in dynamic markets with world-class products. The firm believes exceptional founders and opportunities exist everywhere, especially in overlooked geographies like the Midwest. We partner with early-stage founders and provide operator-heavy support beyond capital. Chicago | $500K – $5M | 24 | Leads | Active | ~2 wks | Open |
| 43 | ▶ L'ATTITUDE Ventures Latino founders represent an underserved but exceptionally talented segment of the entrepreneurial ecosystem. We invest in visionary founders who combine bold ideas with execution excellence to build scalable, high-impact businesses that create both economic and social value. We believe institutional capital paired with strategic partnership from Fortune 100 executives and operating experts can unlock the full potential of Latino-led innovation. San Diego | $500K – $3M | 37 | Leads | Active | ~2 mo | Req'd |
| 44 | ▶ Fika Ventures Investing in subject matter experts shaping the future of their industries. We lead with our values and build trust through action. We believe the best founders have deep industry expertise and need tireless operational support, not just capital. We partner with founders for the long term, staying engaged 24/7. Los Angeles | $1M – $5M | 27 | Leads | Active | ~1 wk | Open |
| 45 | ▶ Expansion Venture Capital Entrepreneurs, not VCs, build great companies. We invest early in great & passionate entrepreneurs and serve as long-term partners. Available 24/7 to help founders with mentorship, product-market fit, fundraising, business development, customer acquisition, talent sourcing, and strategic partnerships. New York | $250K – $1M | 30 | Leads | Active | ~1 wk | Open |
| 46 | ▶ Expa We build category-defining companies through a combination of design, product, operations, and capital. We identify market gaps, pair brilliant founders with Expa's studio resources, and help them build companies that reshape entire industries. San Francisco | $500K – $5M | 60 | Leads | Active | ~1 wk | Open |
| 47 | ▶ VentureSouq We empower visionary founders building transformative tech companies. We are thesis-driven partners to exceptional entrepreneurs creating long-term impact across FinTech, ClimateTech, and Global Tech sectors. Dubai | $100K – $10M | 11 | Leads | Active | ~2 wks | Req'd |
| 48 | ▶ Picus Capital Empowering entrepreneurs to reimagine the way we live and work by investing in daring technology companies challenging the status quo with permanent capital, lifelong sparring partnership from pre-seed through IPO and beyond. Munich | $100K – $5M | 22 | Leads | Active | ~1 mo | Open |
| 49 | ▶ Tiger Global Management Leading global companies that leverage technological innovation across public and private markets. Proven founders (especially ex-Googlers, AWS, Stripe) with large TAMs (billions+), product-led growth, and global ambitions. Conviction-based investing post-2022 correction emphasizing quality over quantity. New York | $1M – $100M | 21 | Leads | Active | ~1 wk | Req'd |
| 50 | ▶ Insight Partners Software founders need more than capital to scale successfully. Insight Partners combines investment capital with hands-on operational expertise, embedded teams, and network access to accelerate company growth across all stages. New York | $10M – $350M | 28 | Leads | Active | ~1 mo | Open |
| 51 | ▶ Cathay Innovation Startups positioned as transformation partners with Fortune 500 corporates create the most impactful solutions. We believe the next generation of market leaders will emerge through collaborative innovation between startups and incumbent enterprises, supported by global expertise and capital. Paris | $5M – $100M | 16 | Both | Active | ~1 mo | Req'd |
| 52 | ▶ Evolution Venture Capital Partners Culture-Tech companies that disrupt and define how we live, work, play, and interact with the world every day. We invest in passionate founders building transformative products that change cultural behaviors. New York | $500K – $6M | 28 | Leads | Active | ~1 wk | Open |
| 53 | ▶ Flucas Ventures Democratize access to venture capital by building large syndicates of non-traditional LPs. Invest across all stages, sectors, and geographies based on founder quality and market conviction, not category restrictions. Enable 2,000+ diverse co-investors to participate alongside marquee firms like Sequoia and Andreessen Horowitz while maintaining founder-friendly economics. Miami | $250K – $5M | 17 | Follows | Active | ~1 wk | Req'd |
| 54 | ▶ Hidden Capital High-conviction seed fund focused on alignment and partnership. Blake invests in technical founders building enduring companies across gaming, hardware, creator economy, and emerging tech. Core belief: VC is a service business where concentrated ownership creates genuine incentives for hands-on support. | $500K – $3M | 3 | Leads | Active | ~2 wks | Open |
Investors on this page also frequently invest in these sectors
What other stages do these firms also invest in?
What other sectors do these firms also invest in?
Firms that frequently co-invest with investors on this page
F4 Fund tracks 54 VC firms that actively invest in e-commerce & marketplaces + logistics & supply chain at the Series A stage. These firms are ranked using a composite score that weighs data completeness (30%), portfolio depth (30%), investment recency (25%), and stage alignment (15%).
Based on F4's analysis, the median check size for series a e-commerce & marketplaces + logistics & supply chain investors is $2.8M – $2.8M, with a full range from $5K – $350M. The distribution breaks down as: 2 firms in the <$500K range, 2 firms in the $500K-$1M range, 12 firms in the $1M-$2M range, 19 firms in the $2M-$5M range, 5 firms in the $5M-$10M range, 14 firms in the $10M+ range.
Among the 54 firms tracked, 94% lead or co-lead rounds, and 4% typically follow. Founders seeking a lead investor should filter for firms marked "Leads" or "Both" in the rankings table above. Lead investors typically set deal terms and anchor the round.
The best series a e-commerce & marketplaces + logistics & supply chain investors combine domain expertise with an active portfolio in the space. Among these firms, 24% prefer warm introductions, and the average firm has 32 portfolio companies. Look for firms whose check size matches your raise, whose stage preference aligns with yours, and who have a track record of supporting companies in your sector through multiple growth phases.
Firm profiles are continuously updated through F4's research pipeline, which combines LLM-powered web research, portfolio analysis, and transcript extraction. The ranking data refreshes every 12 hours. Editorial analysis is reviewed weekly. Individual firm profiles are re-researched on a 30-day cycle or when new information surfaces.