# Marathon: angel investments and portfolio > Marathon is an angel based in United States. 3 investments on record, latest Mar 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/marathon (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Marathon Filed with the SEC to raise a fund in Oct 2026, closing $0M. Last cheque observed Mar 2025. Email Angel Quiet New fund $53K, Oct 2026 Series A Series B Series C Software Follow Marathon and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmarathon) Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **587** days **00** hrs **00** min **00** sec Median round **$28M** Rounds led **0 of 3** Pitch Marathon ## Marathon highlights - 01 3 rounds on record - 02 Mostly Series A and Series B: 67% of its rounds ## What they do > Filed 1 private fund offering with the SEC, the most recent in 2024-05 From their own website - **Type:** Angel (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Software - **Based in:** United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2025** 1 round - **Mar** **[Mercury](https://millionrounds.com/company/mercury)** Series C · US · TechCrunch **$300M** With 5 others - **2024** 1 round - **Dec** **[Boon](https://millionrounds.com/company/boon)** Series A · US · TechCrunch **$21M** With 2 others - **2017** 1 round - **Nov** **[AnchorDX](https://millionrounds.com/company/anchordx)** Series B · CN · China Money Network **$28M** With 4 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **24 named** AV **Aarti Verma** Director i Filing they signed AH **Alex Howell** Executive Officer i Filing they signed AP **Andre Paquette** Member of the Adviser's Investment Committee and Member of the General Partner's Board of Directors i Filing they signed AT **Andrew T. Brady** Executive Officer i Filing they signed AT **Andrew T. Rabinowitz** Executive Officer, Director i Filing they signed AK **Andrew K. Springer** Executive Officer i Filing they signed AT **Andrew T. Szmulewicz** Executive Officer i Filing they signed AM **Angus M. Burton** Manager of Marathon Micro Partners, LLC, the General Partner i Filing they signed AT **Anne T. Flood** Director i Filing they signed AB **Anneka Bavalia** Member of the General Partner's Board of Directors i Filing they signed BJ **Bruce J. Richards** Executive Officer i Filing they signed CM **Carl M. O'Sullivan** Director i Filing they signed CT **Christine T. Chartouni** Executive Officer i Filing they signed CT **Colin T. MacKay** Director i Filing they signed CT **Craig T. Thaler** Executive Officer, Director i Filing they signed CL **Curtis Lueker** Member of the Adviser's Investment Committee i Filing they signed DL **Darren L. Acheson** Executive Officer, Promoter i Filing they signed DM **David M. Shubotham** Director i Filing they signed DT **David T. O'Flaherty** Director i Filing they signed DK **Diego K. Gradowczyk** Executive Officer i Filing they signed ET **Ed T. Cong** Executive Officer i Filing they signed ET **Edward T. Cong** Executive Officer i Filing they signed FT **Fernando T. Philips** Executive Officer i Filing they signed FT **Fernando T. Phillips** Executive Officer i Filing they signed We also hold **106** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **5+** funds on file numbered funds in its name Who backs their funds ## 1 LP on record in Marathon's funds - **Committed:** $600M - **Funds:** 4 - **Vintages:** 2019 to 2023 The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2026. - [**Minnesota State Board of Investments** 4 funds *$600M*](https://millionrounds.com/fund/minnesota-state-board-of-investments) Fund Vintage Committed Marathon Distressed Credit Fund II 2023 $200M Marathon Secured Private Strategies Fund III 2022 $100M Marathon Distressed Credit Fund 2020 $200M Marathon Secured Private Strategies Fund II 2019 $100M New fund on file **$53K** raised in Oct 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series B Series C Median round joined **$28M** the round, not its cheque Led 0 of 3 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Mar 2025 Rounds by stage said on their site - Series A *1* - Series B *1* - Series C *1* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Marathon?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Marathon put money into. [**AnchorDX** $28M · Nov 2017](https://millionrounds.com/company/anchordx) ## Quick answers about Marathon ### What does Marathon invest in? Marathon invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Software. ### How active is Marathon? 3 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2025. ### What has Marathon invested in recently? Its most recent investments on record: Mercury (Series C, Mar 2025), Boon (Series A, Dec 2024) and AnchorDX (Series B, Nov 2017). ### How big are Marathon's cheques? The median round it joins is $28M. ### Is Marathon investing now? No investments in the last 12 months; the latest was in Mar 2025. ### What kind of investor is Marathon? Marathon is an angel based in United States. ### Has Marathon raised a new fund? Its latest fund filing with the SEC was in Oct 2026, reporting $53K raised. ### When was Marathon founded? Marathon was founded in 2023. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=marathon) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=marathon)