F4 FundFund
TeamPortfolioRaiseChampionsEssays
Sign in

Data from F4 Fund's VC research database. Updated continuously.

All FirmsGet MatchedChampionsContactTermsPrivacy
  1. Find Investors
  2. /Travel & Hospitality

Top Travel & Hospitality Investors 2026

39 VC firms investing in travel & hospitality, ranked by portfolio depth and activity.

Research by F4 Fund|Based on 2,800+ researched VC firms

Ranked by sector depth: the share of each firm's classified portfolio in this sector, its absolute count of investments here, and how recently it last invested. Firms need at least three portfolio companies in the sector to appear.

F4 Intelligence Brief
October 2026

F4 Fund tracks 39 VC firms that actively invest in travel & hospitality, with check sizes ranging from $50K – $5000M (median: $3M). As of October 2026, 87% of these firms lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 2,800+ researched VC firms. Ranked by how much of each firm's portfolio is actually in this sector, and how recently it invested.

39
Active Firms
Meet quality criteria
$3M
Median Check
87%
Lead Rounds
Lead or co-lead
95
Avg Portfolio
Companies per firm
10
Avg Team
Investment professionals
30%
Warm Intro
Prefer warm intros
All StagesPre-Seed(21)

Travel & Hospitality Investor Rankings

#FirmCheck SizePortfolioLeads?Last investedDecisionIntro
1
▶
P101 SGR

P101 is a multi-stage venture capital firm partnering with exceptional, purpose-driven founders from seed to early growth, providing capital, network, and long-term hands-on support to help build businesses that matter.

Milan, Italy
$500K – $5M59Leads
Sep 2026 · Active
N/AReq'd
2
▶
American Express Ventures

Amex Ventures backs companies that transform the everyday through digital solutions enhancing business and consumer interactions, with a mandate to find startups that can strengthen American Express's Consumer Card Membership value proposition and create commercialization opportunities across the Amex business.

New York
$100K – $5M73Follows
Aug 2026 · Active
N/AOpen
3
▶
Andera Partners

Companies grow best with the right partners alongside them. Andera Partners provides capital and hands-on operational support (acquisitions strategy, digitalisation, CSR, networking, internationalisation, human capital, operational improvement, financing) across six specialised strategies spanning life sciences, green infrastructure, SME/mid-cap growth capital, and mezzanine financing.

Paris
$1M – $160M289Leads
Sep 2026 · Active
N/AN/A
4
▶
Inveready

Enduring performance comes from a shared structure beneath apparent diversity: tailor-made equity, debt, and hybrid structures across specialized platforms, aligning interests between investors, teams, and companies at every stage of growth.

Barcelona
$1M – $5M192N/A
Sep 2026 · Active
~2 moOpen
5
▶
Index Ventures
#6 · Top 100 · 2026

We invest in who you are, not just what you do. We back visionaries and game-changers with character and global ambition. We partner long-term with founders, providing capital, operational support, and deep conviction in their vision.

San Francisco
$500K – $50M380Leads
Sep 2026 · Active
N/AReq'd
6
▶
Vitruvian Partners

Vitruvian backs ambitious entrepreneurs and management teams building higher-growth, asset-light businesses (“Dynamic Situations”) across cybersecurity, healthcare, fintech, e-commerce, and enterprise software, providing growth or buyout capital between €40m-€600m+ for companies valued €75m-€4bn+.

London
$40M – $600M28Leads
Sep 2026 · Active
N/AN/A
7
▶
Montage Ventures

Montage Ventures aims to support radical thinkers who are bringing new ideas and platforms to foster change within the financial services, commerce and health sectors, leveraging AI as a key transformative agent.

$250K – $1M78N/A
Jul 2026
N/AN/A
8
▶
Flashpoint Venture Capital

Flashpoint invests in founders across their full journey via venture growth, growth debt, and secondary capital, focused on high-growth Series A tech companies originating from Europe, Israel, and MENA, acting as a patient, long-term partner rather than a transactional check-writer.

London
$2M – $30M89Leads
May 2026 · Active
N/AN/A
9
▶
Acurio Ventures

Partner with visionary European founders at seed and Series A, leveraging the team's own operator experience and a network of 150+ international co-investors. Sector agnostic (excluding life sciences and crypto) with ~50 companies per fund. Strong focus on capital efficiency, unit economics, and realistic paths to profitability. Co-investor by default; will lead when it adds value.

Bilbao, Spain
$100K – $3M95Both
~Jul 2026 · Active
N/AOpen
10
▶
TCV
#47 · Top 100 · 2026

Identify innovators capturing shifts in technology and behavior that reshape their industries, and empower mission-driven teams toward market-leading scale through a partnership-driven, long-term growth-equity approach.

Menlo Park
$10M – $500M37Both
Jul 2026 · Active
N/AN/A
11
▶
Dorm Room Fund

Write the first check for founders still in school or just out, backing the builder before the idea or product is settled.

$90K – $500K319Both
Sep 2026 · Active
N/AN/A
12
▶
PXN Ventures

More than 80% of UK venture capital is concentrated in London and the South East. PXN backs high-growth founders in the North of England, Scotland, and Northern Ireland with capital (£200K-£8M) plus hands-on, "more than money" operational support.

Manchester, UK
$260K – $10.4M102Both
Aug 2026 · Active
N/AOpen
13
▶
InfoEdge Ventures

Partner with passionate entrepreneurs building enduring, tech-enabled businesses in India. Be the first institutional investor and provide patient capital with long fund cycles, supporting companies from seed to pre-IPO.

Gurgaon, India
$300K – $5M39Leads
Sep 2026 · Active
~1 moOpen
14
▶
Sixth Street Growth

Sixth Street Growth provides flexible, patient capital to mid- and late-stage technology companies, pairing growth equity and bespoke credit solutions with deep operating expertise through its 'More Than Capital' platform. Focus areas include enterprise SaaS, fintech/payments, healthcare IT, cybersecurity, and data infrastructure.

San Francisco
$40M – $400M55Both
Jun 2026 · Active
~2 moReq'd
15
▶
Forerunner Ventures

Investing at the intersection of Invention & Culture. We back founders building category-defining consumer companies where technology breakthroughs meet emerging human behavior. We see inflection points before they're consensus by tracking both emerging technology capabilities and emerging consumer demands.

San Francisco
$1M – $20M115Leads
~Sep 2026 · Active
~2 wksOpen
16
▶
Silicon Gardens

A Founders for Founders VC firm led by entrepreneurs who have built and scaled their own companies, backing pre-seed and seed founders across B2B SaaS, marketplaces, gaming/consumer apps, and D2C products, with hands-on mentorship and a bridge between the Adria/CEE region and Silicon Valley.

Ljubljana
$300K – $1.5M50Both
Aug 2026 · Active
~1 moOpen
17
▶
Velocity Capital

Back innovative, capital-efficient UK technology companies from pre-seed through Series A via SEIS/EIS tax-efficient structures. Portfolio companies should reach £10M ARR within 3 years and £20M within 5 years, targeting at least 5x returns for investors. Active investor model leveraging entrepreneurial, finance, and marketing expertise.

Epsom, Surrey, UK
$250K – $1.5M52Both
~Jul 2026 · Active
~1 moOpen
18
▶
ISAI

ISAI identifies capital-efficient French tech startups early—often as the first VC—backing SaaS and marketplace models with progressive ambition, blue ocean positioning, and category-leader potential. Increasingly an AI-focused investor using it as an enabling lens across all verticals. Their edge: a community of 500+ tech entrepreneur-LPs who open doors, advise, and validate.

Paris
$110K – $3.3M52Leads
~Jul 2026 · Active
~1 moOpen
19
▶
Seeder Fund

We accelerate the first financing rounds of promising digital entrepreneurs in Belgium and neighbouring countries, leading pre-seed rounds and co-leading or following at seed, with a fast and transparent decision process and the capacity to double down in later rounds.

Brussels, Belgium
$100K – $1.5M52Both
Jul 2026 · Active
~2 wksOpen
20
▶
PeakSpan Capital

PeakSpan invests exclusively in Applied AI B2B software scale-ups at $3M–$50M+ ARR, providing growth equity combined with hands-on operational platform support (500+ expert community, proprietary technology tools, proven playbooks) to help founders scale with discipline and achieve optimal risk-adjusted exits.

New York
$10M – $50M57Leads
Jul 2026 · Active
~1 moN/A
21
▶
Oxford Capital

Founders are the key to realizing a startup's potential; capital is the key to realizing a scaleup's potential. We back disruptors delivering a 10x value proposition to large markets, from pre-seed through growth.

Oxford, UK
$1M – $5M33Both
Jun 2026 · Active
N/AOpen
22
▶
Link Ventures

We invest in early-stage AI-driven startups founded by top technical talent from MIT, Harvard, and Boston ecosystem. We believe transformative AI innovation is emerging from university-affiliated founders backed by comprehensive operational support, mentorship, and access to world-class networks.

Cambridge
$1M – $8M76Leads
~Sep 2026 · Active
~2 wksReq'd
23
▶
Spiral Capital

We draw startups that transform society with imagination and technology into a spiral of growth, focusing on vast market opportunities (industry transformation, DeepTech, industry-agnostic advanced technology) paired with strong management teams.

Tokyo
$330K – $3.3M90Leads
Sep 2026 · Active
N/AN/A
24
▶
Capital One Ventures

Strategic CVC investing in startups driving the future of data, technology, and financial services—aligned with Capital One's business imperatives. More than half of portfolio investments lead to commercial partnerships with Capital One.

McLean, VA
$500K – $10M93Follows
Sep 2026 · Active
~2 moOpen
25
▶
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 – $5000M103Both
Sep 2026 · Active
~2 moReq'd
26
▶
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 – $100M108Leads
Aug 2026 · Active
~2 wksOpen
27
▶
Mighty Capital

Great products change the world. We fund the people who build them. The Product Alpha Effect™ uses signals from 600,000 product leaders to identify outlier companies at the Discovery Stage before the market recognizes them.

San Francisco
$500K – $3M48Leads
Jun 2026 · Active
N/AN/A
28
▶
B Heroes

Sector-agnostic early-stage investor backing Italian entrepreneurs from day zero, combining capital with a four-step structured assessment process and an ecosystem platform (Founders Club, events) built around trust-based, long-term founder relationships.

Milan, Italy
$50K – $3.2M28Follows
May 2026 · Active
N/AReq'd
29
▶
Heartfelt Capital

Europe's first cheque fund: the first institutional investor for exceptional European (and European-origin) founders, helping them go from 0 to 1 and reach product-market fit, backed by anchor corporate relationships with Axel Springer and Porsche.

Berlin
$100K – $400K161Both
Sep 2026 · Active
N/AOpen
30
▶
Nexus Venture Partners

We partner with extraordinary entrepreneurs building product-first companies that redefine their categories. In the US, we focus on transformative AI and enterprise software. In India, we back digital-native businesses solving local market problems at scale.

Menlo Park
$100K – $10M130Leads
Jun 2026 · Active
~1 moReq'd
31
▶
PROfounders Capital

We back the fixers: founders solving broken customer experiences through disruptive, technology-enabled B2B and B2C products, primarily leveraging software.

London
$500K – $3M61Both
Feb 2026 · Active
N/AN/A
32
▶
Activant Capital

Partner with relentless founders through their most defining stages of growth, using an in-house Research team to underwrite and support commerce-infrastructure and AI-native technology companies.

Greenwich, CT
$15M – $60M118Both
May 2026 · Active
N/AN/A
33
▶
Active Partners

Consumer-only investor backing founder-led, mission-driven brands with a distinct point of view, high customer engagement and global ambition.

London
$200K – $15M65Both
Sep 2025 · Active
N/AN/A
34
▶
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 – $5M72Both
Mar 2026 · Active
~2 wksOpen
35
▶
DFF Ventures

We invest in underdigitized verticals — backing founders with deep industry experience who are building digital solutions for analog industries. Focus on Vertical AI, Recommerce, and Marketplace models in the physical economy. Operator-first: all three founding partners are former founders.

Amsterdam
$275K – $2.8M38Leads
Dec 2025 · Active
~2 wksOpen
36
▶
EVP Equity Venture Partners

Mission-critical B2B software where AI is an advantage, backed at Series A with product in market, strong revenue growth and defensible economics.

Sydney
$1M – $10M51Leads
Nov 2025 · Active
N/AOpen
37
▶
Telluride Venture Fund

Exceptional entrepreneurs and innovative business ideas exist everywhere, not just traditional tech hubs. TVF invests in companies solving real problems in underserved regions, particularly the Colorado Plateau.

Telluride, Colorado
$100K – $2M77Leads
Sep 2025 · Slowing
~2 wksOpen
38
▶
Real Ventures

People, not money, build game-changing companies. Real backs Canadian, industry-agnostic, tech-enabled founders from pre-seed, taking a systems-level view of ventures correlated with profit and aligned with societal and planetary flourishing.

Montreal
$250K – $2M117Leads
Jun 2025 · Between
N/AOpen
39
▶
Baroda Ventures

Scrappy entrepreneurs building lasting businesses with well-designed products. We work side-by-side with founders who demonstrate intellectual honesty and personal integrity. We emphasize long-term value creation in the LA startup ecosystem.

Los Angeles
$1M – $5M15Both
Feb 2022 · Between
~1 moReq'd

Investment Patterns

Check Size Distribution

<$500K
2 (5%)
$500K-$1M
4 (10%)
$1M-$2M
9 (23%)
$2M-$5M
8 (21%)
$5M-$10M
5 (13%)
$10M+
11 (28%)

Stage Coverage

What other stages do these firms also invest in?

Pre-Seed
54%
Seed
77%
Series A
67%
Series B
31%
Growth
31%
series_c
15%

Sector Overlap

What other sectors do these firms also invest in?

Enterprise Software
87%
Fintech Payments
77%
Healthcare Digital
69%
Developer Tools Infra
62%
Ecommerce Marketplaces
54%
Security Cyber
51%
Proptech Real Estate
46%
Climate Clean Energy
44%

Frequently Asked Questions

Q

How many Travel & Hospitality investors does F4 track in 2026?

F4 Fund tracks 39 VC firms that actively invest in travel & hospitality. Ranked by sector depth: the share of each firm's classified portfolio in this sector, its absolute count of investments here, and how recently it last invested. Firms need at least three portfolio companies in the sector to appear.

Q

What is the typical check size for travel & hospitality investors?

Based on F4's analysis, the median check size for travel & hospitality investors is $3M, with a full range from $50K – $5000M. The distribution breaks down as: 2 firms in the <$500K range, 4 firms in the $500K-$1M range, 9 firms in the $1M-$2M range, 8 firms in the $2M-$5M range, 5 firms in the $5M-$10M range, 11 firms in the $10M+ range.

Q

Do travel & hospitality investors lead rounds?

Among the 39 firms tracked, 87% lead or co-lead rounds, and 8% 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.

Q

What should I look for in a travel & hospitality investor?

The best travel & hospitality investors combine domain expertise with an active portfolio in the space. Among these firms, 30% prefer warm introductions, and the average firm has 95 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.

Q

How often is this travel & hospitality investor data updated?

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.

Related Investor Categories

Investors on this page also frequently invest in these sectors

Enterprise Software87%›
Fintech & Payments77%›
Healthcare & Digital Health69%›
Developer Tools & Infrastructure62%›
E-commerce & Marketplaces54%›
Security & Cybersecurity51%›