# Matrix Partners: portfolio, investments and team

> Matrix Partners is a vc firm based in United States. 118 investments on record, 1 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/matrix-partners-china (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Matrix Partners

Last cheque observed Sep 2026; 118 cheques on record.

Email

Deploying now VC firm Website unconfirmed

Seed Series A Series B AI & Machine Learning B2B Consulting & Services

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 118 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$39M** Rounds led **2 of 118** Sole investor **59 rounds** Exits **3 from the portfolio** Mostly in **China, 94%**

Pitch Matrix Partners

## Matrix Partners highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Series B: 75% of its rounds
- 03 Sole investor in 59 rounds, median $2.3M
- 04 3 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** AI & Machine Learning B2B Consulting & Services
- **Based in:** Beijing, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=matrix-partners-china).

## The record

Every round we can evidence, newest first **118 appearances**

- **2026** 1 round
- **Sept** **[VAST](https://millionrounds.com/company/vast)** Series B · CN · TechStartups **$446M** *Led*
- **2019** 2 rounds
- **Nov** **[Lansion](https://millionrounds.com/company/lansion)** Series C · CN · Chinabiotoday **$14M** *Led*
- **Aug** **[Plus](https://millionrounds.com/company/plus)** Series B · CN · Kr-asia **$20M** With 4 others
- **2017** 2 rounds
- **May** **[Cheetah Mobile](https://millionrounds.com/company/cheetah-mobile)** CN · FinSMEs **$60M** With 5 others
- **Feb** **[Aztuche](https://millionrounds.com/company/aztuche)** Series C · CN · Marbridgeconsulting **$58M** With 5 others
- **2016** 1 round
- **Nov** **[Hyphenate](https://millionrounds.com/company/hyphenate)** US · FinSMEs **$14M** Sole investor
- **2015** 10 rounds
- **Jul** **[EaseMob](https://millionrounds.com/company/easemob)** Series B · JP **$13M** With 2 others
- **Jul** **[GrowingIO](https://millionrounds.com/company/growingio)** Seed · CN **Undisclosed** Sole investor
- **May** **[Raven Tech](https://millionrounds.com/company/raven-tech)** Series A **$15M** With 2 others
- **Apr** **[Jimubox](https://millionrounds.com/company/jimubox)** Series C **$84M** With 7 others
- **Mar** **[Yuantiku](https://millionrounds.com/company/yuantiku)** Series D · CN **$60M** With 3 others
- **Mar** **[Cheyipai](https://millionrounds.com/company/cheyipai)** Series D · CN **$110M** With 4 others
- **Feb** **[Zhaosuliao](https://millionrounds.com/company/zhaosuliao)** Series A · CN **$20M** With 3 others
- **Jan** **[Juzi Information Technology](https://millionrounds.com/company/juzi-information-technology)** Series B · CN **$100M** With 2 others
- **Jan** **[Lizhi](https://millionrounds.com/company/lizhi)** Series C · CN **$20M** With 3 others
- **Jan** **[Mofang](https://millionrounds.com/company/mofang)** Series A · CN **$16M** With 1 other
- **2014** 13 rounds
- **Sept** **[Jimubox](https://millionrounds.com/company/jimubox)** Series B · CN **$37M** With 5 others
- **Aug** **[Qiniu](https://millionrounds.com/company/qiniu)** Series C · CN **Undisclosed** With 2 others
- **Jul** **[Yuantiku](https://millionrounds.com/company/yuantiku)** Series C · CN **$15M** With 1 other
- **Jun** **[Meet You](https://millionrounds.com/company/meet-you)** Series C · CN **$35M** With 2 others
- **Jun** **[91JinRong](https://millionrounds.com/company/91jinrong)** Series B · CN **$10M** With 2 others
- **May** **[Raven Tech](https://millionrounds.com/company/raven-tech)** Seed **$3.0M** With 1 other
- **May** **[nice](https://millionrounds.com/company/nice)** Series A · CN **$8.0M** With 2 others
- **Apr** **[Kuailexue](https://millionrounds.com/company/kuailexue)** Series A · CN **$5.0M** With 1 other
- **Apr** **[Wan Shidao management](https://millionrounds.com/company/wan-shidao-management)** CN **$70M** With 1 other
- **Feb** **[Cheyipai](https://millionrounds.com/company/cheyipai)** Series C · CN **$50M** With 5 others
- **Jan** **[Meiyou](https://millionrounds.com/company/meiyou)** Series A · CN **$1.0M** Sole investor
- **Jan** **[Thumb Reading](https://millionrounds.com/company/thumb-reading)** Seed **$165K** Sole investor
- **Jan** **[QingCloud](https://millionrounds.com/company/qingcloud)** Series B · CN **$20M** With 1 other
- **2013** 19 rounds
- **Dec** **[Yoka](https://millionrounds.com/company/yoka)** Series D · CN **$15M** With 4 others
- **Dec** **[8868](https://millionrounds.com/company/8868)** Series A · CN **Undisclosed** Sole investor
- **Dec** **[Zhaogang](https://millionrounds.com/company/zhaogang)** Series C · CN **$35M** With 3 others
- **Dec** **[Demohour](https://millionrounds.com/company/demohour)** Series A · CN **$1.0M** With 1 other
- **Nov** **[Seafile](https://millionrounds.com/company/seafile)** Seed · CN **$164K** Sole investor
- **Nov** **[Phantom](https://millionrounds.com/company/phantom)** Series A · CN **$1.5M** Sole investor
- **Oct** **[91JinRong](https://millionrounds.com/company/91jinrong)** Series A · CN **$9.8M** With 2 others
- **Oct** **[Reach Surgical](https://millionrounds.com/company/reach-surgical)** Series D **Undisclosed** Sole investor
- **Aug** **[Pinguo](https://millionrounds.com/company/pinguo)** Series B · CN **$18M** With 2 others
- **Aug** **[lmbang](https://millionrounds.com/company/lmbang)** Series A · CN **$1.0M** With 2 others
- **Aug** **[Yuantiku](https://millionrounds.com/company/yuantiku)** Series B · CN **$7.0M** With 1 other

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

We hold **14** 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

**4+** funds on file numbered funds in its name

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[NICE](https://millionrounds.com/company/nice)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Feb 2016

**[MoboTap](https://millionrounds.com/company/mobotap)** Bought by [ChangYou](https://millionrounds.com/fund/changyou) **$91M** Jul 2014

**[Umeng](https://millionrounds.com/company/umeng)** Bought by [Alibaba](https://millionrounds.com/fund/alibaba) **Undisclosed** Apr 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$39M** the round, not its cheque Alone, median **$2.3M**

Led 2 of 118 rounds **2%**

- **Sole investor:** 59 rounds
- **Last cheque:** Sept 2026
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A said *52*
- Series B said *28*
- Series C *12*
- Seed said *10*
- Series D *4*
- Growth said *-*
- Pre-IPO said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 10
- [Matrix Partners](https://millionrounds.com/fund/matrix-partners) 7
- [IDG Ventures](https://millionrounds.com/fund/idg-ventures) 6
- [K2 Ventures](https://millionrounds.com/fund/k2-ventures) 6
- [SIG China (SIG Asia Investments)](https://millionrounds.com/fund/sig-china-sig-asia-investments) 6
- [Morningside Group](https://millionrounds.com/fund/morningside) 4

**Pitching Matrix Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Matrix Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Sequoia Capital** VC firm **10** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Matrix Partners** VC firm **7** rounds together](https://millionrounds.com/fund/matrix-partners)[**IDG Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/idg-ventures)[**K2 Ventures** Investment bank **6** rounds together](https://millionrounds.com/fund/k2-ventures)[**SIG China (SIG Asia Investments)** VC firm **6** rounds together](https://millionrounds.com/fund/sig-china-sig-asia-investments)[**Morningside Group** VC firm **4** rounds together](https://millionrounds.com/fund/morningside)[**WI Harper Group** VC firm **4** rounds together](https://millionrounds.com/fund/wi-harper-group)[**Zero2IPO** VC firm **4** rounds together](https://millionrounds.com/fund/zero2ipo-group)[**ZhenFund** VC firm **4** rounds together](https://millionrounds.com/fund/zhenfund)[**Gobi Partners** VC firm **3** rounds together](https://millionrounds.com/fund/gobi-partners)[**Qiming Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Xiaomi** Investment firm **3** rounds together](https://millionrounds.com/fund/xiaomi)

## Recently backed

The latest companies Matrix Partners put money into.

[**Plus** $20M · Aug 2019](https://millionrounds.com/company/plus)[**Hyphenate** $14M · Nov 2016](https://millionrounds.com/company/hyphenate)

## Quick answers about Matrix Partners

### What does Matrix Partners invest in?

Matrix Partners invests most often at Series A and Series B (75% of the rounds on record), in sectors such as AI & Machine Learning, B2B and Consulting & Services.

### How active is Matrix Partners?

118 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in Sept 2026.

### What has Matrix Partners invested in recently?

Its most recent investments on record: VAST (Series B, Sept 2026), Lansion (Series C, Nov 2019) and Plus (Series B, Aug 2019).

### How big are Matrix Partners's cheques?

The median round it joins is $39M.

### Does Matrix Partners lead rounds?

Sometimes: it led 2 of its 118 investments on record (2%).

### Where does Matrix Partners invest?

Most of the companies it backs are in China (94%).

### Is Matrix Partners investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Matrix Partners invest alongside?

Most often Sequoia Capital (10 rounds together), Matrix Partners (7 rounds together) and IDG Ventures (6 rounds together).

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