Top 12 Venture Capital Firms Specializing in Analytics Startups

Finding the right investor is about more than just capital; it's about finding a partner who understands your business. For founders in the Analytics, AI, and Big Data sectors, this means connecting with venture capital firms that have deep expertise in your field. A knowledgeable investor can provide valuable guidance and connections.

To help you identify the right partners, our team at Rho has curated this overview of top VC firms that actively invest in Analytics. This guide is designed to give you a clear starting point for your fundraising research.

Actively raising? You can now access non-dilutive funding options like venture debt and credit lines through Rho Capital. Rho provides access to business banking, corporate cards, and bill pay—built for startup teams moving fast.

Key Takeaways

• Securing venture funding provides startups in the analytics sector with not just capital, but also the strategic guidance needed to scale their operations and technology.
• Leading venture capital firms specializing in analytics include TRAC, Databricks Ventures, Ascent Venture Partners, and HearstLab, which are all notable backers of companies in this field.
• Once you've closed a funding round, Rho helps you manage your new capital with integrated tools for business banking, corporate cards, and bill pay.

Which VC Firms in Analytics Are Right for Your Stage?

Knowing the right investors to approach is critical, whether you're just starting out or preparing for an exit. To help you connect with the right partners, we've put together a quick overview of VC firms that invest in analytics companies at different stages.

Pre-seed and Seed VC Firms in Analytics

This stage is for founders who are just starting out, often with an idea or a minimum viable product, and need capital to validate their business model. For analytics startups at this stage, firms like ValueStream Ventures, Neu Venture Capital, and HearstLab are known for providing crucial early backing.

Early Stage VC Firms in Analytics

Early-stage funding is designed for companies that have demonstrated traction and are ready to scale their operations, expand their team, and grow their market presence. Some of the active early-stage venture capital firms in the analytics space include Ascent Venture Partners and Maxfield Capital, which focus on helping B2B technology companies grow.

Once you secure funding, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently.

Late Stage VC Firms in Analytics

Late-stage rounds support established companies aiming for significant expansion, preparing for an initial public offering (IPO), or considering a strategic acquisition. If your company has reached this level of maturity, you might approach investors like McKesson Ventures or Goldcrest Investments, which have experience guiding companies toward major exits.

It's also worth noting that many technology venture capital firms, such as TRAC and Databricks Ventures, invest across multiple stages. No matter your stage, Rho Capital can connect you to non-dilutive funding options like venture debt and credit lines, helping you access financing without chasing lenders.

To help you find the right investment partner, here is a closer look at top VC firms that focus on the analytics sector. Below, you'll find key information on their investment stages, geographic focus, and what makes each firm a strong potential partner for founders.

1. TRAC

TRAC is a quantitative venture capital firm that uses a data-driven approach to identify high-potential startups. Based in San Francisco, they combine collective intelligence with mathematical analysis to inform their investment decisions.

The firm invests across seed, early, and late stages, with a portfolio that includes unicorns like Human Interest and MindTickle. This signals a strong interest in B2B technology and a focus on backing companies with the potential for significant scale.

TRAC is likely a good match for founders who value a quantitative, research-heavy investment partner. If you are building a company in the analytics space with clear unicorn potential, their data-centric strategy may align well with your goals.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Analytics and Predictive Analytics
• Geographical presence: San Francisco, California
• Founded: 2020
• Notable portfolio companies: Human Interest, MindTickle, Stoke Space, and Chef Robotics
• Investment approach: A quantitative method using data and math to identify future unicorns.

You can refer to their website here.

2. Databricks Ventures

Databricks Ventures is the corporate venture arm of Databricks, investing in companies that are shaping the future of data, analytics, and AI. They focus on startups whose vision aligns with the evolution of the modern data stack.

The firm invests across all stages, from seed to late-stage rounds, showing a commitment to supporting companies throughout their growth. Their portfolio includes high-profile names like Mistral AI and dbt Labs, signaling a focus on foundational technologies in the AI and data transformation space.

Databricks Ventures is an ideal partner for founders building within the data and AI ecosystem, especially if your technology complements the Databricks platform. Their strategic backing can provide more than just capital, offering a clear path for integration and market validation.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Analytics, Artificial Intelligence (AI)
• Geographical presence: San Francisco, California
• Founded: 2021
• Notable portfolio companies: Mistral AI, Perplexity, dbt Labs, and Arcion
• Investment approach: Strategic investments in companies that align with the future of data, analytics, and AI.

You can refer to their website here.

3. Ascent Venture Partners

Ascent Venture Partners is a Boston-based firm with a long history of backing early-stage B2B technology companies. Since 1985, they have invested in over 110 businesses, focusing on emerging enterprises in sectors like analytics.

The firm has a clear focus on B2B technology, which is evident from its portfolio of major exits. These include ZoomInfo's successful IPO and the acquisition of CloudLock by Cisco, demonstrating a strong record of scaling companies.

Ascent is a strong potential partner for founders building B2B technology companies with clear exit potential. Their deep experience in guiding businesses toward acquisition or an IPO is a significant asset for any leadership team.

Once you secure funding from a partner like Ascent, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Security, B2B Technology
• Geographical presence: Boston, Massachusetts
• Founded: 1985
• Notable portfolio companies: ZoomInfo, CloudLock, PerspecSys, and Revulytics
• Investment approach: A focus on early-stage B2B technology companies with a strong track record of successful exits

You can refer to their website here.

4. HearstLab

HearstLab is a New York-based firm that invests in early-stage, tech-enabled startups led by women. Their mission is to close the funding gap for female founders by providing both capital and deep operational support from the broader Hearst organization.

The firm’s portfolio shows a focus on high-growth sectors, including companies like GlossGenius in SaaS and StrongDM in enterprise infrastructure. This signals an interest in businesses with strong product-market fit and the ability to scale quickly.

HearstLab is an ideal partner for women founders building tech companies at the seed or early stages. Their connection to the Hearst ecosystem offers unique advantages for startups in media, marketing, and enterprise technology.

• Investment stages: Seed and early stage venture
• Industries of focus: Analytics, FinTech, SaaS, and Media
• Geographical presence: New York, New York
• Founded: 2016
• Notable portfolio companies: FreeWill, GlossGenius, StrongDM, and PowerToFly
• Investment approach: Backing early-stage, tech-enabled companies led by women

You can refer to their website here.

5. McKesson Ventures

McKesson Ventures invests in early and growth-stage companies working to improve the healthcare industry. As a corporate venture firm, they back businesses across the healthcare ecosystem, including those in analytics and biopharma.

Their portfolio highlights a focus on companies with significant exit potential, such as the IPOs of Accolade and Amwell and the $7.1 billion acquisition of GRAIL. This track record signals a strategy of backing businesses capable of achieving substantial scale and market impact.

This firm is an excellent match for founders in the health-tech space who have a proven model and are preparing for major growth. If you are building a company with clear potential for an IPO or large acquisition, their expertise is highly relevant.

For founders who are still building toward a growth-stage round, Rho Capital can connect you to non-dilutive funding options to help you reach your next milestone.

• Investment stages: Early stage venture, late stage venture, and private equity
• Industries of focus: Analytics, Biopharma, Health Care, Service Industry
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable portfolio companies: Accolade, Amwell, GRAIL, and Landmark Health
• Investment track record: Over 50 investments and 13 successful exits

You can refer to their website here.

6. Lucas Venture Group

Lucas Venture Group is a long-standing firm based in Menlo Park that invests in technology companies. Since 1985, they have backed businesses in sectors including software analytics, big data, and robotics.

The firm's portfolio shows a history of backing companies that become household names, such as the data-analytics firm Palantir and the ed-tech platform Chegg. Their investments span from seed to late stage, showing a willingness to support founders throughout their entire growth journey.

Lucas Venture Group is a good fit for founders building technology with the potential for significant market impact and a clear path to an IPO or major exit. Their experience with both deep tech and consumer brands makes them a versatile partner for ambitious teams.

Once you secure a round with a partner like Lucas Venture Group, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Analytics, Big Data, Robotics, Cyber Security, E-Commerce
• Geographical presence: Menlo Park, California
• Founded: 1985
• Notable portfolio companies: Palantir Technologies, Chegg, Dexcom, and Mighty Networks
• Investment track record: 40 investments and 9 successful exits

You can refer to their website here.

7. ValueStream Ventures

ValueStream Ventures is a New York-based, thesis-driven firm that invests in early-stage companies. They concentrate on B2B software, with a specific interest in data, analytics, and fintech startups.

The firm's portfolio highlights a clear focus on B2B SaaS and fintech, with notable successes like the generative AI unicorn, Writer. Their track record includes several key acquisitions, showing an ability to back companies toward successful exits.

ValueStream is a strong fit for founders of early-stage B2B companies in the analytics and fintech sectors. If you are building a business with a clear path to market leadership, their focused approach could be a good match.

For founders who are still building toward a seed round, Rho Capital can connect you to non-dilutive funding options to help you reach your next milestone.

• Investment stages: Seed and early stage venture
• Industries of focus: B2B Software, Analytics, FinTech, SaaS
• Geographical presence: New York, New York
• Founded: 2013
• Notable portfolio companies: Writer, Ocrolus, and Descartes Labs
• Investment track record: Over 60 investments and 15 successful exits

You can refer to their website here.

8. DataPower Ventures

DataPower Ventures is a New York-based firm that invests in founders building Applied AI and DeepTech software products. They concentrate on the intersection of data, machine learning, and the broader AI ecosystem.

The firm's portfolio is notable for its inclusion of major technology companies like OpenAI, Anthropic, and SpaceX. This signals a clear focus on backing businesses with foundational technology and significant market-defining potential.

DataPower Ventures is an ideal partner for founders with ambitious goals in the AI and DeepTech sectors. If you are developing core technology in this space, their track record indicates they are equipped to support high-growth journeys.

Once you secure funding from a partner like DataPower Ventures, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Applied AI, DeepTech, Data, and Machine Learning
• Geographical presence: New York, New York
• Founded: 2021
• Notable portfolio companies: OpenAI, Anthropic, SpaceX, Databricks, and FakeSpot
• Investment approach: Backing founders at the cross-section of data, ML, and AI ecosystems
• Portfolio size: 27 investments

You can refer to their website here.

9. Pereg Ventures

Pereg Ventures is a New York-based firm that invests in technology companies across various stages, from early rounds to later growth. They focus on sectors where data and analytics create significant business value, particularly in retail and marketing.

The firm’s portfolio highlights a clear focus on B2B platforms, with notable exits like the acquisition of Crosswise by Oracle. They also back market leaders like RetailNext, an in-store IoT analytics provider, and Bringg, a global logistics technology platform.

Pereg Ventures is a strong potential partner for founders building data-intensive companies with a clear path to a strategic acquisition. Once you secure funding, Rho’s integrated financial tools help you manage and deploy your new capital efficiently.

• Investment stages: Convertible Note, Early Stage Venture, Late Stage Venture
• Industries of focus: Analytics, Big Data, Retail Technology, Marketing, Logistics
• Geographical presence: New York, New York
• Founded: 2014
• Notable portfolio companies: Crosswise (acquired by Oracle), Bringg, RetailNext, Onclusive
• Investment track record: 20 investments and 7 successful exits

You can refer to their website here.

10. Maxfield Capital

Maxfield Capital is a New York-based venture firm that backs early-stage technology companies around the world. They focus on sectors like analytics, big data, and financial services, providing capital to founders from the seed stage onward.

The firm's portfolio is diverse, ranging from B2B software like Parallels to health-tech platforms like DrChrono. This breadth suggests an interest in strong founding teams and scalable business models, regardless of the specific vertical.

Maxfield Capital could be a good partner for founders building global technology companies with a clear product-market fit. Their focus on early-stage ventures means they are prepared to support companies as they begin to scale.

Once you secure funding from a partner like Maxfield Capital, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Convertible Note
• Industries of focus: Analytics, Big Data, Financial Services, Information Technology
• Geographical presence: New York, New York (invests globally)
• Founded: 2013
• Notable portfolio companies: Parallels, DrChrono, Machinio, Patients Know Best
• Investment track record: 43 investments and 14 successful exits

You can refer to their website here.

11. Neu Venture Capital

Neu Venture Capital is a New York-based firm that invests in early-stage companies. They specialize in businesses built around real-time connectivity, data visualization, and machine learning.

The firm has a strong track record of backing foundational companies at the seed stage that go on to achieve major exits. Their portfolio includes early investments in Datadog and The Trade Desk, both of which became multi-billion dollar public companies.

Neu Venture Capital is a great fit for founders of seed-stage companies in the data and ad-tech sectors. If you are building a business with the potential for significant scale and a clear path to an IPO, their experience is highly relevant.

For founders who are still building toward a seed round, Rho Capital can connect you to non-dilutive funding options to help you reach your next milestone.

• Investment stages: Seed and early stage venture
• Industries of focus: Analytics, Data Visualization, Machine Learning
• Geographical presence: New York, New York
• Founded: 2008
• Notable portfolio companies: Datadog, The Trade Desk, Flurry, PlaceIQ
• Investment track record: 60 investments and 22 successful exits

You can refer to their website here.

12. Goldcrest Investments

Goldcrest Investments is a Dallas-based firm that invests across multiple asset classes, including direct investments in technology companies. They support businesses from seed to late-stage rounds, with a focus on enterprise software and companies in the analytics sector.

The firm has a strong history of backing companies toward successful exits, including the $1.2 billion acquisition of Yammer by Microsoft. Their portfolio also includes the popular photo-editing app VSCO, showing an eye for both enterprise and consumer-facing unicorns.

Goldcrest is a good match for founders building enterprise software or analytics companies with a clear path to a strategic acquisition. Their track record suggests a focus on businesses that can be integrated into larger technology platforms.

Once you secure funding with a partner like Goldcrest Investments, Rho’s integrated financial tools—including business banking, corporate cards, and automated bill pay—help you manage and deploy capital efficiently.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Analytics, Enterprise Software
• Geographical presence: Dallas, Texas
• Founded: 2006
• Notable portfolio companies: Yammer, Practice Fusion, Connectifier, VSCO
• Investment track record: 24 investments and 9 successful exits

You can refer to their website here.

What This Tells Us About The VC Scene for Analytics Companies

This overview shows that the funding environment for analytics companies is well-balanced. You'll find investors focused on every stage, from firms that specialize in providing seed capital to those that guide companies through late-stage growth and exits. While investment activity is concentrated in major tech hubs like New York and the San Francisco Bay Area, the presence of firms in other regions indicates a broadening interest in the sector.

The variety of investors—from corporate venture arms to thesis-driven funds—means you have options to find a partner whose expertise aligns with your specific business needs. As you prepare for your next steps, remember that traditional equity isn't the only route. Rho Capital can connect you to non-dilutive funding options like venture debt and credit lines, helping you access financing tailored to your stage without chasing lenders.

Raise Confidently with Rho

Fundraising requires significant time and energy, which is why starting with a focused list of investors is so important. This approach helps you direct your efforts toward partners who are genuinely interested in your sector.

If you’re seeking funding, Rho Capital connects you to non-dilutive funding options like venture debt and credit lines through a fast, guided process. We help you access financing tailored to your stage and business model without chasing lenders.

Once your capital is secured, Rho provides integrated tools to help you manage it all in one place. Our platform includes business banking, corporate cards, and automated bill pay to help you deploy your funds efficiently.

FAQs about Venture Capital Firms Focused on Analytics

Which Silicon Valley venture capital firms invest in analytics?

Silicon Valley is home to many top firms backing analytics startups, including TRAC, Databricks Ventures, and Lucas Venture Group. These investors offer deep industry connections and experience in scaling technology companies from early stages to major exits.

Are there notable NYC venture capital firms for analytics startups?

Yes, New York has a strong ecosystem for analytics companies. Firms like HearstLab, ValueStream Ventures, and DataPower Ventures are based in NYC and actively invest in early-stage B2B software, AI, and data-focused startups.

What do early-stage venture capital firms look for in analytics companies?

Early-stage VCs typically look for a strong founding team, a clear product-market fit, and initial customer traction. They want to see evidence that your analytics solution solves a significant problem and has a large addressable market.

How should a seed-stage analytics startup prepare for fundraising?

Focus on building a minimum viable product and securing your first users. If you need capital to reach these milestones, Rho Capital can connect you to non-dilutive funding. Prepare a clear pitch deck outlining the problem, your team, and your strategy.

What are some top AI venture capital firms?

Many firms now focus on AI. Databricks Ventures and DataPower Ventures are prominent examples, backing companies from OpenAI to Anthropic. They seek founders building foundational AI models and applications with significant market potential.

How can I manage my funding after a successful round?

Once you secure capital, efficient management is critical. Our platform offers integrated business banking, corporate cards, and automated bill pay to help you deploy funds effectively. Get started with Rho to manage your finances.