Best VCs for IoT

5 venture capitalists actively investing in IoT.

5
Active VCs
1
Funds
1
Deals
$805M
Total Invested
#1Peter Thiel

Co-Founder & Partner

Founders Fund

The original contrarian VC. 'We wanted flying cars, instead we got 140 characters.' Seeks companies that can become category-defining monopolies in markets others ignore. First principles thinking is

$1M-$100M+ (multi-stage, also invests personally and through Thiel Capital)
SeedSeries ASeries B
#2Vinod Khosla

Founder

Khosla Ventures

Explicitly optimizes for ~70% failure rates to back 'black swan' outcomes. Actively seeks opportunities that appear 'crazy' to most of the market. Capital-intensive, science-heavy bets. Believes fusio

$500K-$50M+ (across seed fund and main fund)
SeedSeries ASeries B
#3Garry Tan

CEO & President

Y Combinator

Builder-designer-investor. 'Make something people want' is the entire thesis — inherited from Paul Graham's YC founding philosophy and now amplified by Garry's builder ethos. Believes we're in a golde

$500K (standard YC deal: $500K for ~7% equity via SAFE). Also invests via YC Continuity Fund at later stages.
Pre-SeedSeedSeries A (via Continuity)
#4Josh Wolfe

Co-Founder & Managing Partner

Lux Capital

'Atoms, not bits.' The biggest opportunities are in companies that manipulate the physical world, not just software. Willing to fund multi-year R&D timelines. Just raised the firm's largest fund ever

$1M-$50M+
SeedSeries ASeries B
#5Elad Gil

Founder

Gil Capital (Solo GP)

One of the largest and most successful solo GP funds ever ($1B+). Unusually dense hit rate across breakout companies — has invested in more unicorns than most institutional funds. Invests based on pat

$500K-$10M+ (flexible, has written checks as large as $50M+ in later-stage co-investments)
SeedSeries ASeries B

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