55 VC firms investing in enterprise software and climate & clean energy at the Series B stage.
F4 Fund tracks 55 VC firms that actively invest in enterprise software + climate & clean energy at the Series B stage, with check sizes ranging from $25K – $5000M (median: $6M – $6M). As of June 2026, and 95% 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 | ▶ Clocktower Technology Ventures Financial services represents the largest venture opportunity with disproportionately small VC allocation. We invest in companies reinventing financial services with operator teams combining domain expertise and execution excellence. Santa Monica | $500K – $20M | 104 | Both | Active | ~2 mo | Open |
| 2 | ▶ Uncork Capital We back bold founders at the earliest stages with capital and deep operational support. High-conviction, long-term partnerships with founders solving real problems. Founder-market fit above all else. Speed, transparency, and staying committed through difficult times. | $1.5M – $3M | 197 | Leads | Active | ~2 wks | Req'd |
| 3 | ▶ Serena Capital We back bold entrepreneurs who think big and are committed to becoming the next major tech players. We invest from pre-seed to series A with strong operational support, focusing on technology-driven solutions across AI, climate tech, fintech, SaaS, and impact-driven sectors. | $100K – $15M | 113 | Leads | Active | ~2 wks | Open |
| 4 | ▶ Fifth Wall We invest in breakthrough technologies that make the built world more efficient, resilient, and sustainable. By combining capital with access to 115+ real estate owner-operator LPs, we help portfolio companies scale rapidly across vast existing asset bases. Los Angeles | $2M – $50M | 23 | Leads | Active | ~2 wks | Open |
| 5 | ▶ Initialized Capital Passion and vision matter more than pedigree. We seek founders with grit, audacity, and a spark of rebellion—regardless of background. We invest early, before success is inevitable, and support founders from 0-to-1 through Series A. San Francisco | $250K – $2M | 185 | Leads | Active | ~2 wks | Open |
| 6 | ▶ 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 |
| 7 | ▶ Energy Impact Partners Technology and capital solutions for the global energy transition. We partner with entrepreneurs to build and scale innovative companies that power a better energy future, supported by collaborations with utilities and industrial incumbents. New York | $2M – $20M | 26 | Leads | Active | ~1 mo | Req'd |
| 8 | ▶ Toba Capital Partner with exceptional founders building technology companies with long-term growth potential capable of fundamentally shifting markets for the common good. Provide capital, operational expertise, board participation, and network access to support founder vision and company building. Los Angeles & Newport Beach, CA | $500K – $10M | 42 | Leads | Active | ~1 mo | Open |
| 9 | ▶ Tola Capital Every industry will be transformed by software. Tola practices hypothesis-based investing targeting the 'enterprise scaffolding' of AI — domain-specific models, AI/ML tooling, AI SaaS applications, AI governance, and AI security — rather than foundational AI infrastructure. They back companies driving long-term, transformational change in large markets. Seattle | $1M – $15M | 52 | Leads | Active | ~1 mo | Open |
| 10 | ▶ Cleveland Avenue Global venture capital firm investing in lifestyle consumer brands and technology companies that positively disrupt large and growing markets. Great investments require deep industry expertise, hands-on operational support, and access to strategic partners. Chicago | $1M – $50M | 68 | Leads | Active | ~1 mo | Req'd |
| 11 | ▶ Illuminate Financial Illuminate invests in companies solving mission-critical problems for financial institutions through fintech and enterprise software innovation. With deep access to tier-1 financial institution networks and specialized domain expertise, the firm creates unique value for portfolio companies through institutional customer access, operational guidance, and strategic partnerships. London | $1M – $8M | 31 | Leads | Active | ~1 mo | Open |
| 12 | ▶ Benhamou Global Ventures BGV backs hands-on, cross-border enterprise AI startups operating under the Enterprise 5.0 framework — companies that combine intelligent machines with human ingenuity to drive leapfrog productivity improvements. They focus on vertical AI (industry-specific, proprietary data) and horizontal agentic platforms (cross-functional automation), with a strong preference for immigrant founders pursuing US go-to-market strategies from France, Israel, and India. Menlo Park | $2M – $10M | 46 | Leads | Active | ~2 mo | Open |
| 13 | ▶ OMERS Ventures Back ambitious founders building disruptive early-stage technology companies. We provide not just capital but access to OMERS' multi-asset institutional platform. Our permanent pension backing gives us patient, long-duration capital unconstrained by traditional 10-year fund cycles. Toronto | $1M – $25M | 30 | Both | Active | ~1 mo | Req'd |
| 14 | ▶ Mundi Ventures Mundi backs bold, purpose-driven founders building technology companies at the intersection of deep tech and critical global challenges. Core thesis: Europe has world-class talent and ecosystem but suffers from a scale-up funding gap at growth stages. Kembara fund (€750M) bridges this by providing Series B/C growth capital to European deep tech and climate champions. Madrid | $1M – $40M | 53 | Leads | Active | ~2 mo | Open |
| 15 | ▶ AirTree Ventures Big things start small. We invest at seed stage and see potential where others don't. We believe in your vision for your company's future, not as it exists today. We think in decades, not days, committing to walk the entire journey with founders to build iconic companies. We share Antipodean ingenuity with the world. Sydney | $250K – $20M | 64 | Leads | Active | ~2 wks | Req'd |
| 16 | ▶ Energy Foundry Earth Foundry backs founders transforming critical industries, including energy, mobility, waste, water, agriculture, and infrastructure, using hardware, software, services, and material science innovations. Chicago | $1M – $5M | 23 | Leads | Active | ~2 mo | Req'd |
| 17 | ▶ MassMutual Ventures Build category-defining technology businesses that deliver strong investment returns while addressing pressing business challenges. Leverage Fortune 500 parent (MassMutual) assets including real estate portfolios, renewable energy assets, and capital networks. Boston | $2M – $10M | 23 | Both | Active | ~1 mo | Open |
| 18 | ▶ B Capital Group Back extraordinary entrepreneurs throughout the company-building lifecycle from seed to IPO. Combine venture capital expertise with BCG management consulting to accelerate value creation. Support founders with capital, strategic guidance, and access to global networks. San Francisco | $250K – $50M | 34 | Leads | Active | ~2 wks | Req'd |
| 19 | ▶ Collab Fund Investing at the intersection of for-profit and for-good. Companies that make the world better AND deliver strong financial returns. The Villain Test ensures both impact and profit alignment. New York | $500K – $10M | 44 | Leads | Active | ~2 wks | Open |
| 20 | ▶ Innovating Capital Technology can have a highly disruptive impact on society. We back founders on the forefront of innovation with clear vision towards positive change, leveraging domain expertise to ensure value creation. Founder-first approach with operational support. New York | $250K – $5M | 38 | Leads | Active | ~1 mo | Open |
| 21 | ▶ Lerer Hippeau As founder-operators, we see returns in relationships. We back ambitious founders with exceptional vision at the earliest stages with capital, mentorship, and network access. | $100K – $1M | 73 | Leads | Active | ~1 mo | Open |
| 22 | ▶ F-Prime Capital Partner with visionary founders to turn bold ambitions into world-changing breakthroughs in life sciences, technology, healthtech, and crypto. Distinctive 'technical-risk-yes, regulatory-risk-no' filter ensures clear pathways to success. Cambridge | $250K – $15M | 26 | Leads | Active | ~1 wk | Open |
| 23 | ▶ Maersk Growth Maersk Growth is currently focused on venture clienting and strategic startup partnerships that solve Maersk supply-chain priorities, while continuing to support existing portfolio companies. The unit has paused new minority-equity investments in startups at this time. Copenhagen | $2M – $10M | 9 | Both | Active | ~2 mo | Req'd |
| 24 | ▶ Vanedge Capital Deep technology and hard tech company investing at inflection points. Partner with technical founders building infrastructure-level solutions for global scale. Founded 2010 on belief that next generation of transformative companies require deep technical expertise, not just capital. Vancouver | $1M – $15M | 42 | Both | Active | ~2 wks | Open |
| 25 | ▶ How Women Invest Women founders represent an overlooked asset class that delivers superior returns. Women-founded companies earn 26% more for investors, yet receive only 2% of venture funding. We invest exclusively in women-founded companies, providing capital, network access, and operational support to drive transformative change. San Francisco | $250K – $5M | 31 | Leads | Active | ~1 mo | Req'd |
| 26 | ▶ UP Partners The next two decades will see dramatic changes in mobility across ground, air, sea, and space. We invest in entrepreneurs building frontier technologies that make movement cleaner, faster, safer, and lower-cost, leveraging our extensive relationships with global companies. Santa Monica | $1M – $10M | 31 | Both | Active | ~1 wk | Open |
| 27 | ▶ Horizons Ventures Invest in deep science and disruptive technology companies that solve fundamental human problems—inequality, health, climate adaptation. We back founders with vision, instinct, and drive to scale impact. Hong Kong | $1M – $25M | 39 | Leads | Active | ~1 mo | Open |
| 28 | ▶ Alumni Ventures We democratize venture capital by providing individual accredited investors with professional-grade access to elite venture opportunities. We leverage our massive 850,000+ community network and 11,000+ investors to create unique value for founders, sourcing and diligencing deals alongside top-tier VCs (a16z, Sequoia, Khosla) without leading rounds. Our network is our competitive advantage—it compounds value for all stakeholders. Manchester, NH | $250K – $5M | 58 | Follows | Active | ~2 wks | Open |
| 29 | ▶ 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 | — | — |
| 30 | ▶ Neotribe Ventures Breakthrough technologies that stretch the imagination — deep tech with the potential to create new product categories. We bring company-building skills and operating expertise to help founders find product-market fit. Menlo Park | $1M – $80M | 28 | Leads | Active | ~1 mo | Req'd |
| 31 | ▶ 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 |
| 32 | ▶ Impact America Fund Tech-enabled businesses built for and by people in marginalized communities create new frameworks of ownership and opportunity. Traditional VCs miss billion-dollar markets in overlooked communities. Oakland | $250K – $3M | 32 | Leads | Active | ~1 mo | Req'd |
| 33 | ▶ Valor Capital Group Greatest opportunities come from serving unmet needs of the middle class in emerging markets. We bridge US and Latin American markets, providing institutional capital, intellectual capital flow, and geo arbitrage exit opportunities. New York | $500K – $10M | 24 | Leads | Active | ~2 wks | Open |
| 34 | ▶ In-Q-Tel (IQT) Transformative national security solutions emerge from early-stage private-sector startups developing frontier technologies. IQT identifies, evaluates, and leverages innovations to accelerate government adoption while enhancing commercial success. As of May 2026, IQT is emphasizing mission investing through fewer larger bets in autonomy, contested logistics, critical infrastructure, and technologies that can move to mission use quickly. Washington | $250K – $3M | 30 | Leads | Active | ~1 mo | Open |
| 35 | ▶ Dalus Capital Back purposeful entrepreneurs building scalable technology solutions for significant Latin American problems, with emphasis on inclusion, climate innovation, and business productivity while generating positive impact and strong returns. Monterrey | $500K – $5M | 29 | Both | Active | ~1 mo | — |
| 36 | ▶ Blackbird Back wild hearts with the wildest ideas from the very beginning. Invest in companies, not rounds — following exceptional founders from pre-seed through all subsequent stages. Focused on ANZ founders building globally ambitious companies across any sector. Sydney | $150K – $60M | 43 | Leads | Active | ~2 wks | Open |
| 37 | ▶ SpeedInvest Backs globally ambitious technology companies from pre-seed and seed through selected growth rounds using specialist EMEA sector teams and a platform model for capital, customers, talent, follow-on investors, and operational support. Vienna | $250K – $30M | 49 | Leads | Active | — | Open |
| 38 | ▶ Mubadala Mubadala partners with world-class companies and institutions to drive transformational growth across strategic sectors and geographies. We believe in long-term value creation through patient capital, operational expertise, and global partnerships aligned with Abu Dhabi's economic diversification. Abu Dhabi | $5M – $5000M | 41 | Both | Active | ~2 mo | Req'd |
| 39 | ▶ Khosla Ventures Technology-based economic disruption of large markets through black swan investments. We seek founders with domain expertise and unreasonable conviction to build billion-dollar companies solving the world's largest problems. Menlo Park | $500K – $50M | 38 | Both | Active | ~2 wks | Open |
| 40 | ▶ Lux Capital Turn sci-fi into sci-fact by backing founders solving the most vexing puzzles facing humanity. We believe in counter-conventional solutions and contrarian positions in deep technology. We champion companies working at the intersection of breakthrough science and transformational technology, led by visionary founders who are equal parts mad scientist and business mastermind. New York | $100K – $100M | 18 | Leads | Active | ~2 wks | Req'd |
| 41 | ▶ Fitch Ventures Fitch Ventures invests in innovative technologies serving institutional credit, risk management, and enterprise clients. The dual mandate focuses on generating financial returns while feeding innovation back into Fitch Group's product stack, often using investments as an M&A pipeline. New York | $2M – $5M | 8 | Both | Active | ~1 mo | Open |
| 42 | ▶ Felicis Ventures Back founders building iconic companies that transcend boundaries. We invest directly in their growth to make them unbreakable. Founded on principle that luck isn't made, it's engineered. Founders are our customer, not LPs. We always vote shares with founders and provide 1% non-dilutive founder development capital alongside every first check. Menlo Park | $500K – $15M | 29 | Both | Active | ~1 wk | Open |
| 43 | ▶ Icehouse Ventures Back exceptional Kiwi founders building globally transformative companies, from day one to IPO. New Zealand founders represent a significantly undervalued asset class, and Icehouse provides capital plus an ecosystem of 3,000+ investors and deep operational support. Auckland | $100K – $10M | 41 | Leads | Active | ~2 mo | Open |
| 44 | ▶ 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 |
| 45 | ▶ Liquid 2 Champions exceptional founders to build lasting companies through experience, community, and capital. Generalist technology investor whose edge is network depth — Joe Montana's unmatched rolodex and 800+ portfolio company network enables introductions that most seed funds cannot provide. San Francisco | $250K – $5M | 27 | Follows | Active | ~2 wks | Open |
| 46 | ▶ Zigg Capital Real estate has been stagnant for 50 years despite massive innovation in other industries. Shifting demographics, transportation changes, and evolving preferences are forcing modernization. We back visionary entrepreneurs building solutions across construction, property management, residential finance, and retail that will improve quality of life, work, and community. New York | $500K – $10M | 26 | Both | Active | ~2 wks | Open |
| 47 | ▶ 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 |
| 48 | ▶ Trousdale Ventures We invest in mission-driven companies that dare to tackle impossible challenges, striving to transform industries and create lasting societal impact. We seek founders with audacity to dream big, resilience to persevere, and potential to build forever companies that shape human history. Los Angeles | $5M – $25M | 30 | Leads | Active | ~1 mo | Open |
| 49 | ▶ Pillar VC We invest in technical breakthroughs that overcome the world's greatest challenges. We partner at inception with technically brilliant dreamers who see past impossible to inevitable. We evaluate scientific opportunities through both commercial potential and human impact lenses. Boston | $100K – $10M | 22 | Leads | Active | ~2 mo | Open |
| 50 | ▶ Not Boring Capital Invest in companies with compelling stories to tell. We couple capital deployment with media storytelling through the Not Boring newsletter, creating a unique flywheel that amplifies both company and fund narrative. New York | $100K – $2M | 9 | Both | Active | ~2 wks | Req'd |
| 51 | ▶ Peak XV Partners Outlier founders and ideas shape the future of humanity. We back ambitious founders building category-defining companies that create significant impact while generating returns that support non-profit and educational causes. Bangalore | $500K – $100M | 18 | Leads | Active | ~2 wks | Open |
| 52 | ▶ Gaingels Equity of access and representation in venture capital delivers positive returns. Diverse and underrepresented (including LGBTQ+) leaders of high-growth companies deserve capital access. When these founders succeed, they influence ecosystems and open doors for historically excluded groups. New York | $200K – $500K | 29 | Follows | Active | ~2 wks | Open |
| 53 | ▶ 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 |
| 54 | ▶ 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 |
| 55 | ▶ VU Venture Partners Invest in early-stage tech companies addressing world's largest market opportunities and solving humanity's biggest challenges. Leverage global distributed team to source, evaluate, and support transformational founders. San Francisco | $100K – $1M | 16 | Both | Active | ~2 mo | 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?
F4 Fund tracks 55 VC firms that actively invest in enterprise software + climate & clean energy at the Series B 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 b enterprise software + climate & clean energy investors is $6M – $6M, with a full range from $25K – $5000M. The distribution breaks down as: 1 firms in the <$500K range, 2 firms in the $500K-$1M range, 4 firms in the $1M-$2M range, 11 firms in the $2M-$5M range, 17 firms in the $5M-$10M range, 20 firms in the $10M+ range.
Among the 55 firms tracked, 95% lead or co-lead rounds, and 5% 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 b enterprise software + climate & clean energy investors combine domain expertise with an active portfolio in the space. Among these firms, 30% prefer warm introductions, and the average firm has 43 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.