The LPs actively backing venture capital right now
Venture fundraising in 2026 has bifurcated. Top-quartile funds raise in weeks; everyone else fights for scraps. Altss shows you the family offices, endowments, and institutional LPs with active VC mandates — and filters to the ones that actually back emerging and mid-size managers, not just Sequoia.
The VC fundraising environment in 2026
VC raised around $428 billion globally through Q3 2025 when combined with buyout and growth — well below 2024 levels. But the story inside the number is more important than the headline: family offices now represent the fastest-growing LP segment in venture, HNWI and angel participation has expanded through rolling funds and SPV structures, and institutional LPs have become dramatically more selective about GP quality.
Emerging VC managers face the hardest fundraising environment since 2008. Many Fund I closes are 40-60% below target. The ones that close successfully share a pattern: they didn't pitch generic institutional LPs. They targeted the specific family offices, corporate venture arms, and HNWIs who actively back emerging venture — and they timed outreach to mandate activity, not to their fundraising calendar.
Who's allocating to VC in Altss
- 6,500+ family offices with direct VC exposure — including ones that have anchored Fund I vehicles, backed emerging managers, or run direct startup investing alongside fund commitments
- 1,800+ corporate venture arms with deal history, sector focus, check size patterns, and fund LP activity where applicable
- 2,400+ institutional LPs with VC allocations — endowments, foundations, pensions, insurance, and sovereign funds with active venture mandates
- 150,000+ institutional LPs and accredited angels for first-close anchoring, SPV participation, and rolling fund backing
- Emerging manager-friendly LPs — tagged subset of 400+ institutional LPs plus family offices with documented Fund I/II venture backing
What's in the platform for VC GPs
Stage and sector filtering.
Pre-seed, seed, Series A, growth, and late-stage are different LP conversations. Filter by stage plus sector (AI/ML, climate, fintech, healthcare, frontier tech, consumer) to match your strategy to LPs who've backed it before.
Emerging manager allocator map.
The specific LPs who actually write checks to first-time VC managers — family offices with emerging manager mandates, endowments with explicit Fund I programs, and fund-of-funds specializing in venture emerging managers.
Geographic VC mapping.
European VC taps different LPs than U.S. VC. MENA sovereign capital has distinct preferences. Asia-focused funds find different backers. Altss maps LP appetite by fund geography, not just by LP location.
Co-investor and follow-on intelligence.
For funds with co-invest programs or opportunity vehicles, Altss maps which LPs actively participate in direct co-invests alongside the fund position.
Check-size alignment.
A $50M seed fund targets a dramatically different LP universe than a $500M growth fund. Altss filters by stated and revealed check-size preferences so your outreach lands in the right inbox.
How VC GPs use Altss
01
Fund I anchor hunt.
Filter family offices + emerging manager-friendly institutional LPs in your sector. Add warm-path analysis from your LinkedIn, advisor network, and founder cap tables. Prioritize 30-40 names for white-glove outreach instead of 800 for spray-and-pray.
02
Corporate VC partnership building.
Filter 1,800+ CVCs by sector relevance, check-size fit, and stage alignment. Identify 12-15 strategic CVCs whose portfolios suggest syndication overlap. Build relationships for both LP commitments and portfolio co-investment.
03
HNWI and angel anchoring.
First-close momentum often comes from HNWIs and angels who can move fast. Altss's institutional LP, family office, and HNWI/angel coverage filters by sector interest, prior fund participation, and check-size range.
04
International LP expansion.
Most U.S. VC funds are under-indexed on European and MENA family offices. Altss's global coverage opens a diversification vector that moves the needle for Fund II and Fund III raises.
Why Altss vs PitchBook for VC fundraising
PitchBook is the standard for VC deal data — which company raised from whom, at what valuation, in what round. Essential for diligence and competitive context. For VC LP fundraising, PitchBook's coverage is institutionally framed and doesn't capture family office or HNWI depth at the scale VC GPs actually need.
Altss complements PitchBook. PitchBook answers "who's investing in my portfolio's competitor." Altss answers "which LPs are going to commit to my next fund." Most established VC firms run both.
Frequently asked questions
How many VC-active LPs are in Altss?
Do you cover corporate venture capital?
How do you identify emerging manager-friendly LPs?
Do you support rolling funds and SPVs?
Do you cover international VC LPs?
Pricing for VC GPs?
See the family offices and LPs backing VC funds in your stage and sector.
Book a demo — we'll pull a live sample universe on the call.
