Midas List 2025: Submissions Open To Rank The World’s Top Venture Capitalists

The Midas List, Forbes’ data-driven ranking of the top 100 private tech investors in the world, is back for a 24th year. Submissions are open through January 28.

featured-image

The definitive ranking of the 100 best tech investors in the world, the Forbes Midas List is now seeking submissions for its 24th annual edition through January 28. A cross boom-and-bust cycles for the venture capital industry, the Forbes Midas List has remained a constant, providing the definitive and data-driven ranking of the world’s top venture investors since its creation more than two decades ago. Now, in another time of transition for VC – from partners playing musical chairs with firms to others joining the White House – the Midas List returns for its 24th year.

With booming artificial intelligence valuations and the promise of more IPOs following ServiceTitan’s December debut , Forbes expects to see new faces crack into this exclusive community. Submissions for the 2025 Midas List are now open through January 28 . Since 2011, Forbes has produced the Midas List in partnership with a data partner, TrueBridge Capital Partners.



Forbes and TrueBridge evaluate submissio ns for hundreds of investors across dozens of the industry’s leading firms to rank investors based on their portfolios and results, not buzz or internet clout. Eligible investors must deploy capital out of formally closed funds with external limited partners; personal and corporate investments, while valuable to the ecosystem, are not considered for Midas rankings. The Midas List ranks investors across stages, with its model rewarding bigger and bolder bets.

The list evaluates investors on a partner-by-partner basis, with up to two investors able to claim partial credit for a deal. Liquid exits that return real dollars back to limited partners are rewarded above unrealized gains. List-makers will typically have 10 or more eligible deals in their portfolio, or one or two career-defining outsized wins.

Eligible portfolio companies must have either gone public or been acquired at a valuation of $200 million or more over the past five years; or, if still private, at least doubled their private valuation since the submitting investor’s initial investment to reach a valuation of $400 million or more. The 2024 edition of the Midas List featured 6 newcomers and 8 investors who reappeared on the rankings after previously dropping off, with Sequoia’s Alfred Lin in the top slot. The list tied a Midas record with 13 women investors.

Investors who submitted for the Midas List Europe , our December ranking for venture capitalists based in Europe, Israel and the Middle East, are encouraged to resubmit as qualifying cutoffs for each list can vary. Eligible investors who submit for the main list will be automatically entered into candidacy for our additional Midas Seed List , which recognizes investors focused on the earliest stages. THE MIDAS LIST 2022 Read More Submissions are important for Forbes and TrueBridge to review the most up to date and accurate information but are not required for Midas consideration; in the rare instance that an investor does not wish to participate, the Midas list will still consider their achievements as fairly as possible through historical and third-party data.

Candidates who have retired, or have changed employment status for conduct-related reasons, will be removed from eligibility. Portfolio performance and submissions are kept confidential and not published or shared. Submission to the list is, and has always been, entirely free.

More historical information on the Midas List and frequently asked questions can be found on the Midas submission site . You can read last year’s package, including interviews with notable list makers and breakdowns of the list, here ..