# Matrix Partners: portfolio, investments and team

> Matrix Partners is a vc firm based in United States. 396 investments on record, 8 in the last 12 months, latest Aug 2026.

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

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

# Matrix Partners

Last cheque observed Aug 2026; 396 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A AI Frontier Fintech

Follow Matrix Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmatrix-partners)

Deploying now

**100%** of best year **8** **cheques in 12 months**, 396 on record

Since the last cheque **82** days **00** hrs **00** min **00** sec

Median round **$19M** Rounds led **10 of 396** Sole investor **43 rounds** Exits **63 from the portfolio** Mostly in **United States, 53%**

Pitch Matrix Partners

## Matrix Partners highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Series B and Series A: 59% of its rounds
- 03 Sole investor in 43 rounds, median $5.5M
- 04 63 exits from the portfolio

## What they do

> Matrix is an early-stage venture capital firm, investing from idea through Series A. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** AI Frontier Fintech
- **Based in:** Cambridge, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **396 appearances**

- **2026** 7 rounds
- **Aug** **[Sila](https://millionrounds.com/company/sila)** Debt · US · TechCrunch **$1.4B** With 6 others
- **Aug** **[PokeBot](https://millionrounds.com/company/pokebot)** Seed · CN · TechNode **Undisclosed** *Led*
- **Aug** **[Thunder Compute](https://millionrounds.com/company/thunder-compute)** Series A · US · Firms' own news pages **$13M** *Led*
- **Jun** **[Suno](https://millionrounds.com/company/suno)** Series D · US · TechCrunch **$400M** With 9 others
- **May** **[Optura](https://millionrounds.com/company/optura)** Series A · US · HC9 Ventures **$18M** With 4 others
- **Apr** **[Flock Safety](https://millionrounds.com/company/flock-safety)** Growth · US · TechStartups **$200M** With 5 others
- **Jan** **[BoldVoice](https://millionrounds.com/company/boldvoice)** Series A · US · Ventureburn **$21M** *Led*
- **2025** 3 rounds
- **Nov** **[Luma AI](https://millionrounds.com/company/luma-ai)** Series C · US · TechStartups **$900M** With 7 others
- **May** **[Donut Labs](https://millionrounds.com/company/donut-labs)** Pre-seed · US · TechStartups **$7.0M** With 9 others
- **Mar** **[Flock Safety](https://millionrounds.com/company/flock-safety)** Series F · US · Crunchbase News **$275M** With 8 others
- **2024** 1 round
- **Jun** **[Rainforest](https://millionrounds.com/company/rainforest)** Series A · US · Tech Square Ventures **$20M** *Led*
- **2020** 1 round
- **Sept** **[LightForce Orthodontics](https://millionrounds.com/company/lightforce-orthodontics)** Series B · US · Tyche Partners **$14M** With 2 others
- **2019** 14 rounds
- **Nov** **[Mosaic Wellness](https://millionrounds.com/company/mosaic-wellness)** IN · Inc42 **$10M** With 2 others
- **Nov** **[VOGO](https://millionrounds.com/company/vogo)** IN · Entrackr **$3.0M** With 1 other
- **Nov** **[LogRocket](https://millionrounds.com/company/logrocket)** Series B · US · FinSMEs **$15M** With 1 other
- **Nov** **[Digifin](https://millionrounds.com/company/digifin)** IN · Crazyaboutstartups **$24M** With 4 others
- **Sept** **[Fivetran](https://millionrounds.com/company/fivetran)** Series B · US · FinSMEs **$44M** With 2 others
- **Sept** **[First Principles Labs Technologies](https://millionrounds.com/company/first-principles-labs-technologies)** IN · Crazyaboutstartups **$4.5M** With 1 other
- **Aug** **[QFPay](https://millionrounds.com/company/qfpay)** HK · e27 **$20M** With 4 others
- **Jul** **[15Five](https://millionrounds.com/company/15five)** Series B · US · FinSMEs **$30M** With 7 others
- **Jun** **[Fuzzy Pet Health](https://millionrounds.com/company/fuzzy-pet-health)** Series A · US · Crunchbase News **$8.0M** *Led*
- **Jun** **[Snowplus](https://millionrounds.com/company/snowplus)** Series A · CN · Voice **$40M** With 11 others
- **Jun** **[Weimai](https://millionrounds.com/company/weimai)** CN · Voice **$100M** With 4 others
- **Jun** **[Apollo](https://millionrounds.com/company/apollo)** US · FinSMEs **$22M** *Led*
- **Mar** **[EkAnek](https://millionrounds.com/company/ekanek)** IN · Entrackr **$10M** With 2 others
- **Jan** **[Itilite](https://millionrounds.com/company/itilite)** Series A · IN · Skift **$4.2M** Sole investor
- **2018** 10 rounds
- **Dec** **[Fivetran](https://millionrounds.com/company/fivetran)** Series A · US · TechCrunch **$15M** *Led*
- **Dec** **[MoEngage](https://millionrounds.com/company/moengage)** Series B · IN · Techcircle **$9.0M** With 2 others
- **Nov** **[KuCoin](https://millionrounds.com/company/kucoin)** Series A · SG · FinSMEs **$20M** With 2 others
- **Oct** **[GrowingIO](https://millionrounds.com/company/growingio)** Series B · CN · China Money Network **$30M** With 2 others
- **Oct** **[PingCAP](https://millionrounds.com/company/pingcap)** Series C · CN · FinSMEs **$50M** With 3 others
- **Aug** **[Vogo Automotive Pvt. Ltd.](https://millionrounds.com/company/vogo-automotive-pvt-ltd)** Series A · IN · Firms' own news pages **Undisclosed** With 6 others
- **Apr** **[Kolide](https://millionrounds.com/company/kolide)** US · TechCrunch **$8.0M** *Led*
- **Mar** **[Avail Finance](https://millionrounds.com/company/avail-finance)** IN · VCCircle **$17M** Sole investor
- **Feb** **[Genecast](https://millionrounds.com/company/genecast)** CN · China Money Network **$33M** With 2 others
- **Feb** **[Lightmatter](https://millionrounds.com/company/lightmatter)** Series A · US · FinSMEs **$11M** With 1 other
- **2017** 8 rounds
- **Oct** **[CloudZero](https://millionrounds.com/company/cloudzero)** Series A · US · FinSMEs **$5.0M** With 1 other
- **Jul** **[Xingtang miniKTV](https://millionrounds.com/company/xingtang-miniktv)** CN · China Money Network **$15M** With 3 others
- **Jun** **[Ferris Wheel Ticketing](https://millionrounds.com/company/ferris-wheel-ticketing)** Series B · CN · China Money Network **$15M** With 4 others
- **Apr** **[Quora](https://millionrounds.com/company/quora)** Series D · US · FinSMEs **$85M** With 3 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 **11 named**

AW **Andrew W. Verhalen** Executive Officer i Form ADV

AR **Antonio Rodriguez** Executive Officer i Form ADV

DS **Dana Stalder** Executive Officer i Form ADV

DS **David Skok** Executive Officer i Form ADV

EN **Erin Nora Mauro** CFO i Form ADV

IS **Ilya Sukhar** Executive Officer i Form ADV

PM **Patrick Malatack** Executive Officer i Form ADV

PD **Phyllis Doherty** Administrative Partner i Form ADV

SR **Stan Reiss** Executive Officer i Form ADV

TA **Timothy A. Barrows** Executive Officer i Form ADV

TJ **Timothy J Parker** Executive Officer i Form ADV

We also hold **6** 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

**$6.6B** gross assets of its funds Oct 2026

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

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Matrix Partners Management Services, LP
- **SEC number:** CRD 161792

## What they claim to have backed

From their own portfolio page (on their website)

**55** of 60 we have independently watched raise

[15Five](https://millionrounds.com/company/15five)[Accord](https://millionrounds.com/company/accord)[Affirmed](https://millionrounds.com/company/affirmed-networks)[Afterpay](https://millionrounds.com/company/afterpay)[Aluna](https://millionrounds.com/company/aluna)[Ambarella](https://millionrounds.com/company/ambarella)[ApartmentList](https://millionrounds.com/company/apartment-list)[Apollo](https://millionrounds.com/company/apollo)[August Health](https://millionrounds.com/company/august-health)[Baselane](https://millionrounds.com/company/baselane)[Baya Systems](https://millionrounds.com/company/baya-systems)[Bugsnag](https://millionrounds.com/company/bugsnag)[Canva](https://millionrounds.com/company/canva)[Care](https://millionrounds.com/company/care)[Centaur Labs](https://millionrounds.com/company/centaur-labs)[CloudBees](https://millionrounds.com/company/cloudbees)[CloudZero](https://millionrounds.com/company/cloudzero)[Conductor](https://millionrounds.com/company/conductor)[Cosmos](https://millionrounds.com/company/cosmos)[EarnIn](https://millionrounds.com/company/earnin)[Educative](https://millionrounds.com/company/educative)[Emerge Tools](https://millionrounds.com/company/emerge-tools)[Fivetran](https://millionrounds.com/company/fivetran)[Flock Safety](https://millionrounds.com/company/flock-safety)[General Medicine](https://millionrounds.com/company/general-medicine)[Gentrace](https://millionrounds.com/company/gentrace)[Hashboard](https://millionrounds.com/company/hashboard)[Headlight](https://millionrounds.com/company/headlight)[Hookdeck](https://millionrounds.com/company/hookdeck)[Infinity AI](https://millionrounds.com/company/infinity-ai)[LM Studio](https://millionrounds.com/company/lm-studio)[Lightmatter,](https://millionrounds.com/company/lightmatter)[Lightspark](https://millionrounds.com/company/lightspark)[LogRocket](https://millionrounds.com/company/logrocket)[Luma Labs](https://millionrounds.com/company/luma-ai)[Markforged](https://millionrounds.com/company/markforged)[Mashgin](https://millionrounds.com/company/mashgin)[Meshcapade](https://millionrounds.com/company/meshcapade)[Mevo](https://millionrounds.com/company/mevo)[Mudflap](https://millionrounds.com/company/mudflap)[Namely](https://millionrounds.com/company/namely)[Owl Labs](https://millionrounds.com/company/owl-labs)[Parabola](https://millionrounds.com/company/parabola)[PayRange](https://millionrounds.com/company/payrange)[Postmates](https://millionrounds.com/company/postmates)[Salsify](https://millionrounds.com/company/salsify)[Side](https://millionrounds.com/company/side)[Smartcat](https://millionrounds.com/company/smartcat)[Steadily](https://millionrounds.com/company/steadily)[Suno](https://millionrounds.com/company/suno)[Trisk Bio](https://millionrounds.com/company/trisk-bio)[Xtalic](https://millionrounds.com/company/xtalic)[Zendesk](https://millionrounds.com/company/zendesk)[Zest AI](https://millionrounds.com/company/zest-ai)[nference](https://millionrounds.com/company/nference) AMCC Acacia Airvana Alteon Ampersand and 39 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **63 in all**

**[Affirmed Networks](https://millionrounds.com/company/affirmed-networks)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$1.4B** Mar 2020

**[Sqrrl](https://millionrounds.com/company/sqrrl)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$40M** Jan 2018

**[Unidesk](https://millionrounds.com/company/unidesk)** Bought by [Citrix](https://millionrounds.com/fund/citrix) **Undisclosed** Jan 2017

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

**[Polyvore](https://millionrounds.com/company/polyvore)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **$200M** Jul 2015

**[Protonex Technology Corporation](https://millionrounds.com/company/protonex-technology-corporation)** Bought by Ballard Power Systems **$30M** Jun 2015

**[Aruba Networks](https://millionrounds.com/company/aruba-networks)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **$2.7B** Mar 2015

**[Kuaidi Dache](https://millionrounds.com/company/kuaidi-dache)** Bought by [Didi Kuaidi](https://millionrounds.com/fund/didi-kuaidi) **Undisclosed** Feb 2015

**[Pencil Labs](https://millionrounds.com/company/pencil-labs)** Bought by [Airbnb](https://millionrounds.com/fund/airbnb) **Undisclosed** Dec 2014

**[Fuze Network](https://millionrounds.com/company/fuze-network)** Bought by Ingo Money **Undisclosed** Nov 2014

**[GrabCAD](https://millionrounds.com/company/grabcad)** Bought by Stratasys **$100M** Sept 2014

**[Mitro](https://millionrounds.com/company/mitro)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Jul 2014

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

**[Huddler](https://millionrounds.com/company/huddler)** Bought by Wikia **Undisclosed** May 2014

**[Oculus VR](https://millionrounds.com/company/oculus-vr)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$2.0B** Mar 2014

**[The Echo Nest](https://millionrounds.com/company/the-echo-nest)** Bought by [Spotify](https://millionrounds.com/fund/spotify) **Undisclosed** Mar 2014

**[Veveo](https://millionrounds.com/company/veveo)** Bought by [Rovi Corporation](https://millionrounds.com/fund/rovi-corporation) **$69M** Feb 2014

**[Framehawk](https://millionrounds.com/company/framehawk)** Bought by [Citrix Systems](https://millionrounds.com/fund/citrix) **Undisclosed** Jan 2014

**[VideoIQ](https://millionrounds.com/company/videoiq)** Bought by Avigilon Corporation **$32M** Dec 2013

**[Sold](https://millionrounds.com/company/sold)** Bought by [Dropbox](https://millionrounds.com/fund/dropbox-ventures) **Undisclosed** Nov 2013

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Pre-seed Seed Series A

Median round joined **$19M** the round, not its cheque Alone, median **$5.5M**

Led 10 of 396 rounds **3%**

- **Sole investor:** 43 rounds
- **Last cheque:** Aug 2026
- **Exits:** 63 from the portfolio

Rounds by stage said on their site

- Series B *111*
- Series A said *96*
- Series C *56*
- Seed said *32*
- Series D *31*
- Venture *26*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [North Bridge Venture Partners & Growth Equity](https://millionrounds.com/fund/north-bridge-venture-partners-and-growth-equity) 50
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 22
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 21
- [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) 20
- [Atlas Venture](https://millionrounds.com/fund/atlas-venture) 18
- [CRV](https://millionrounds.com/fund/crv) 16

**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.

Add to your CRM *→*

## 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.

[**North Bridge Venture Partners & Growth Equity** VC firm **50** rounds together](https://millionrounds.com/fund/north-bridge-venture-partners-and-growth-equity)[**Lightspeed Venture Partners** VC firm **22** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Sequoia Capital** VC firm **21** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Trinity Ventures** VC firm **20** rounds together](https://millionrounds.com/fund/trinity-ventures)[**Atlas Venture** VC firm **18** rounds together](https://millionrounds.com/fund/atlas-venture)[**CRV** VC firm **16** rounds together](https://millionrounds.com/fund/crv)[**Commonwealth Capital Ventures** VC firm **12** rounds together](https://millionrounds.com/fund/commonwealth-capital)[**Benchmark** VC firm **10** rounds together](https://millionrounds.com/fund/benchmark)[**Foundation Capital** VC firm **10** rounds together](https://millionrounds.com/fund/foundation-capital)[**Andreessen Horowitz** VC firm **9** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Goldman Sachs** Private equity **9** rounds together](https://millionrounds.com/fund/goldman-sachs)[**Intel Capital** Corporate VC **9** rounds together](https://millionrounds.com/fund/intel-capital)

## Recently backed

The latest companies Matrix Partners put money into.

[**Thunder Compute** $13M · Aug 2026](https://millionrounds.com/company/thunder-compute)[**Suno** $400M · Jun 2026](https://millionrounds.com/company/suno)[**Flock Safety** $200M · Apr 2026](https://millionrounds.com/company/flock-safety)[**BoldVoice** $21M · Jan 2026](https://millionrounds.com/company/boldvoice)[**Luma AI** $900M · Nov 2025](https://millionrounds.com/company/luma-ai)[**Donut Labs** $7.0M · May 2025](https://millionrounds.com/company/donut-labs)

## Quick answers about Matrix Partners

### What does Matrix Partners invest in?

Matrix Partners invests most often at Series B and Series A (59% of the rounds on record), in sectors such as AI, Frontier and Fintech.

### How active is Matrix Partners?

396 investments on record, 8 of them in the last 12 months, and it led 10. The most recent was in Aug 2026.

### What has Matrix Partners invested in recently?

Its most recent investments on record: Sila (Debt, Aug 2026), PokeBot (Seed, Aug 2026) and Thunder Compute (Series A, Aug 2026).

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

The median round it joins is $19M.

### Does Matrix Partners lead rounds?

Sometimes: it led 10 of its 396 investments on record (3%).

### Where does Matrix Partners invest?

Most of the companies it backs are in the United States (53%), India (23%) and China (20%).

### Is Matrix Partners investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Matrix Partners invest alongside?

Most often North Bridge Venture Partners & Growth Equity (50 rounds together), Lightspeed Venture Partners (22 rounds together) and Sequoia Capital (21 rounds together).

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