7 VC firms investing in travel & hospitality and aerospace & defense at the Series A stage.
F4 Fund tracks 7 VC firms that actively invest in travel & hospitality + aerospace & defense at the Series A stage, with check sizes ranging from $25K – $100M (median: $3.3M – $3.3M). As of August 2026, and 86% lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 1,644+ researched VC firms, scored by data completeness, portfolio depth, investment recency, and stage alignment.
| # | Firm | Check Size | Portfolio | Leads? | Activity | Decision | Intro |
|---|---|---|---|---|---|---|---|
| 1 | ▶ Vitosha Ventures The next wave of category-defining technology companies will be built from Southeast Europe, starting in Bulgaria. Vitosha backs execution-driven founders building global-from-day-one products, prioritizing team conviction over the idea itself. Sofia, Bulgaria | $100K – $1M | 80 | Both | Active | ~2 wks | Open |
| 2 | ▶ Unpopular Ventures Invest in the smartest people, regardless of what they're building, especially if the idea sounds bad in the beginning. Focus on exceptional founders in overlooked markets and non-consensus businesses. Optimize for founder quality over sector fit. San Francisco | $25K – $1M | 42 | Leads | Active | ~1 wk | Open |
| 3 | ▶ New Enterprise Associates (NEA) NEA partners with ambitious founders at every stage of company building, from pre-seed through IPO. They invest at the intersection of technology and healthcare, believing the most transformational innovation occurs where deep domain expertise meets world-class technical founders. NEA serves as both capital provider and active operator. Menlo Park | $1M – $50M | 26 | Both | Active | ~2 mo | Open |
| 4 | ▶ SEGO Venture Channel capital from a large base of retail and institutional investors into vetted, growth-stage Spanish companies with strong public narratives, giving individual investors direct equity access normally reserved for institutional VC. Madrid | $300K – $10M | 11 | N/A | Active | N/A | N/A |
| 5 | ▶ Strong Ventures Back resilient founders building category-defining companies. Leverage Korea's cultural wave for global expansion. When others say 'no', we find the 'yes'. Los Angeles | $500K – $5M | 35 | Both | Active | ~2 wks | Open |
| 6 | ▶ 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 | 23 | Leads | Active | ~1 wk | Req'd |
| 7 | ▶ 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 |
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 7 VC firms that actively invest in travel & hospitality + aerospace & defense 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 travel & hospitality + aerospace & defense investors is $3.3M – $3.3M, with a full range from $25K – $100M. The distribution breaks down as: 2 firms in the $500K-$1M range, 2 firms in the $2M-$5M range, 1 firms in the $5M-$10M range, 2 firms in the $10M+ range.
Among the 7 firms tracked, 86% lead or co-lead rounds. 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 travel & hospitality + aerospace & defense investors combine domain expertise with an active portfolio in the space. Among these firms, 17% prefer warm introductions, and the average firm has 35 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.