Sectors · Finance & Capital

Investment Vehicle

Private financing across Investment Vehicle, aggregated from public sources.

Investment Vehicle is a subsector of Finance & Capital. Zoom out to read the whole macro sector $83.5B raised across 3,261 companies.

$56.4B
Capital raised
1,793
Companies
2,057
Rounds
2004
First on record
2026-03-31
Latest round

Cooling Investment Vehicle drew $3.7B over the last 12 months, down 27% versus the prior 12 ($5.1B).

Capital flow over time

Quarterly capital raised across Investment Vehicle.

2008-Q4 · $102.8M2008-Q42009-Q1 · $45.7M2009-Q4 · $6.0M2010-Q1 · $7.2M2010-Q2 · $171.7M2010-Q4 · $7.1M2011-Q1 · $2.0M2011-Q12011-Q4 · $60.1M2012-Q2 · $1.2M2012-Q3 · $364.5M2012-Q4 · $20.5M2013-Q2 · $1.5M2013-Q3 · $10.0M2013-Q32013-Q4 · $24.7M2014-Q1 · $59.2M2014-Q2 · $39.6M2014-Q3 · $63.2M2014-Q4 · $8.9M2015-Q1 · $65.1M2015-Q12015-Q2 · $599.0M2015-Q3 · $752.6M2015-Q4 · $262.8M2016-Q1 · $1.6B2016-Q2 · $428.8M2016-Q3 · $678.1M2016-Q32016-Q4 · $295.9M2017-Q1 · $428.6M2017-Q2 · $1.4B2017-Q3 · $948.6M2017-Q4 · $958.1M2018-Q1 · $1.6B2018-Q12018-Q2 · $926.4M2018-Q3 · $1.3B2018-Q4 · $270.6M2019-Q1 · $145.7M2019-Q2 · $566.3M2019-Q3 · $933.0M2019-Q32019-Q4 · $168.6M2020-Q1 · $189.0M2020-Q2 · $1.0B2020-Q3 · $1.1B2020-Q4 · $311.3M2021-Q1 · $1.7B2021-Q12021-Q2 · $1.7B2021-Q3 · $1.4B2021-Q4 · $1.3B2022-Q1 · $1.7B2022-Q2 · $1.2B2022-Q3 · $2.5B2022-Q32022-Q4 · $665.0M2023-Q1 · $1.8B2023-Q2 · $4.7B2023-Q3 · $4.9B2023-Q4 · $2.7B2024-Q1 · $1.5B2024-Q12024-Q2 · $689.9M2024-Q3 · $1.2B2024-Q4 · $1.1B2025-Q1 · $1.4B2025-Q2 · $1.4B2025-Q3 · $854.3M2025-Q32025-Q4 · $341.7M2026-Q1 · $2.5B
Median round size by stage
StageMedian roundRounds
Growth/Late$535.5M32
Series D+$153.4M78
Series C$50.0M143
Series B$20.0M249
Series A$6.6M499
Seed$2.0M503
Pre-Seed$500K553
Top-funded companies
CompanyStageRaisedModeled value
KKR Private Equity Conglomerate LLC
NEW YORK
Growth/Late$4.2B$52.1B
KKR Infrastructure Conglomerate LLC
NEW YORK
Growth/Late$3.0B$38.7B
EXC Holdings LP
NEW YORK
Growth/Late$2.5B$25.4B
AgriVest Farmland Fund, Inc.
HARTFORD
Growth/Late$1.4B$24.2B
Aureus Capital Ltd
New York
Growth/Late$2.0B$24.1B
EAG Holdings LP
NEW YORK
Growth/Late$2.2B$19.0B
Tribeca Park Holdings Lp
SAN FRANCISCO
Growth/Late$1.1B$17.0B
NBM Investments LP
TORONTO
Growth/Late$790.3M$14.0B
AVE Holdings LP
NEW YORK
Growth/Late$906.3M$13.3B
CHE Holdings I LP
NEW YORK
Growth/Late$823.2M$13.0B
Robinhood Markets, Inc.
MENLO PARK
Growth/Late$1.4B$11.7B
Wings Capital Partners LLC
NEWPORT BEACH
Growth/Late$559.6M$9.9B
Invesco TALF 2.0 Opportunity Fund, LP
ATLANTA
Growth/Late$407.0M$7.2B
Cengage Learning Holdings II, Inc.
BOSTON
Growth/Late$525.0M$6.7B
API Holdings I LP
NEW YORK
Series D+$354.9M$6.1B
Acm Holdings I, Llc
CHICAGO
Series D+$354.3M$6.1B
Spectrum Holdings I Corp.
NEW YORK
Series D+$352.3M$6.1B
Cash Flow Fund, LLC
ATLANTA
Growth/Late$500.0M$5.9B
Happy Capital Debt Fund LP
NORTH BETHESDA
Growth/Late$500.0M$5.6B
SEI Holding I LP
DALLAS
Growth/Late$403.4M$5.3B
Related sectors

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Investment Vehicle sector raised?
Companies in Investment Vehicle have raised approximately $56.4B across 2,057 recorded financing rounds among 1,793 companies, aggregated from public sources.
Is Investment Vehicle venture funding growing?
Investment Vehicle funding is currently cooling: capital raised over the last 12 months was down 27% versus the prior 12 months.
What is the typical round size in Investment Vehicle?
Median disclosed round sizes in Investment Vehicle by stage are: Growth/Late $535.5M, Series D+ $153.4M, Series C $50.0M, Series B $20.0M. These are medians across recorded rounds, not averages.
Which are the most-funded Investment Vehicle companies?
The most-funded Investment Vehicle companies in our coverage include KKR Private Equity Conglomerate LLC, KKR Infrastructure Conglomerate LLC, EXC Holdings LP, AgriVest Farmland Fund, Inc., Aureus Capital Ltd. See the full ranked table for disclosed capital and modeled valuations.
When did Investment Vehicle funding activity begin in this data?
The earliest recorded Investment Vehicle financing in our coverage dates to 2004, with the most recent round around 2026-03-31.