# Matrix: portfolio, investments and team > Matrix is a hedge fund based in United Arab Emirates. 103 investments on record, 7 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/matrix (Millionrounds; every figure on the page links to its filing or article) United Arab Emirates · [Investor](https://millionrounds.com/investors) # Matrix Last cheque observed Sep 2026; 103 cheques on record. Deploying now New fund $10M, Sept 2023 Hedge fund Series B Series A Series C FinTech Deploying now **70%** of best year **7** **cheques in 12 months**, 103 on record Since the last cheque **41** days **00** hrs **00** min **00** sec Median round **$30M** Rounds led **7 of 103** Sole investor **4 rounds** Exits **3 from the portfolio** Mostly in **United States, 61%** Pitch Matrix ## Matrix highlights - 01 7 cheques in the last 12 months - 02 Mostly Series B and Series A: 72% of its rounds - 03 Sole investor in 4 rounds, median $3.3M - 04 3 exits from the portfolio ## What they do - **Type:** Hedge fund (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** FinTech - **Based in:** United Arab Emirates - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **103 appearances** - **2026** 6 rounds - **Sept** **[Delos Data](https://millionrounds.com/company/delos-data)** Series A · US · TechStartups **$100M** With 7 others - **Sept** **[Light](https://millionrounds.com/company/light)** Series A · US · TechStartups **$46M** *Led* - **Jul** **[Sila](https://millionrounds.com/company/sila)** Growth · US · TechCrunch **$300M** With 7 others - **Mar** **[Mevo](https://millionrounds.com/company/mevo)** Series B · BR · LatamList **$18M** With 3 others - **Feb** **[Giant](https://millionrounds.com/company/giant)** Seed · TechStartups **$8.0M** *Led* - **Jan** **[Cosmos](https://millionrounds.com/company/cosmos)** Series A · US · AlleyWatch **$15M** *Led* - **2025** 8 rounds - **Nov** **[Suno](https://millionrounds.com/company/suno)** Series C · TechCrunch **$250M** With 5 others - **Oct** **[Sesame](https://millionrounds.com/company/sesame)** Series B · US · TechCrunch **$250M** With 4 others - **Oct** **[Relace](https://millionrounds.com/company/relace)** Series A · US · TechStartups **$23M** With 2 others - **Oct** **[Baselane](https://millionrounds.com/company/baselane)** Series B · US · AlleyWatch **$20M** With 4 others - **Sept** **[Rainforest](https://millionrounds.com/company/rainforest)** Series B · US · Crunchbase News **$29M** *Led* - **May** **[Yihang.ai](https://millionrounds.com/company/yihang-ai)** Venture **Undisclosed** With 2 others - **Apr** **[Meadow](https://millionrounds.com/company/meadow)** Series A · US · AlleyWatch **$14M** *Led* - **Feb** **[Klook](https://millionrounds.com/company/klook)** Series F · SG **$100M** With 6 others - **2022** 3 rounds - **Nov** **[Owl Labs](https://millionrounds.com/company/owl-labs)** Series C · US **$25M** With 3 others - **Aug** **[NewBanker](https://millionrounds.com/company/newbanker)** Venture **Undisclosed** With 2 others - **Jun** **[LogRocket](https://millionrounds.com/company/logrocket)** Series C · US **$25M** With 1 other - **2021** 2 rounds - **Dec** **[CloudBees](https://millionrounds.com/company/cloudbees)** Series F · US **$150M** With 3 others - **Jul** **[Markforged](https://millionrounds.com/company/markforged)** US **$210M** With 4 others - **2019** 16 rounds - **Aug** **[Xigua City](https://millionrounds.com/company/xigua-city)** Series B · CN · Sohu **$21M** With 5 others - **Jun** **[Zhenkunhang](https://millionrounds.com/company/zhenkunhang)** CN · Voice **$160M** With 4 others - **Jun** **[Dianmi Technology](https://millionrounds.com/company/dianmi-technology)** Series B · CN · Voice **$30M** With 4 others - **Jun** **[RootCloud](https://millionrounds.com/company/rootcloud)** CN · 36Kr **$72M** With 3 others - **May** **[Flowclub](https://millionrounds.com/company/flowclub)** Seed · CN · Voice **$11M** With 2 others - **May** **[Chumbak](https://millionrounds.com/company/chumbak)** Series D · IN · DealStreetAsia **$10M** With 2 others - **Apr** **[Brightback](https://millionrounds.com/company/brightback)** Series A · US · FinSMEs **$11M** With 5 others - **Apr** **[Owl Labs](https://millionrounds.com/company/owl-labs)** Series B · US · FinSMEs **$15M** With 2 others - **Apr** **[Sila Nanotechnologies](https://millionrounds.com/company/sila-nanotechnologies)** Series E · US · FinSMEs **$170M** With 6 others - **Mar** **[NewBanker](https://millionrounds.com/company/newbanker)** CN · Voice **$10M** With 2 others - **Mar** **[ZhiZai Technology](https://millionrounds.com/company/zhizai-technology)** Series B · CN · Voice **$7.5M** With 4 others - **Mar** **[LogRocket](https://millionrounds.com/company/logrocket)** Seed · US · FinSMEs **$15M** With 1 other - **Mar** **[MarkForged](https://millionrounds.com/company/markforged)** Series D · US · FinSMEs **$82M** With 4 others - **Mar** **[Yi Sou](https://millionrounds.com/company/yi-sou)** Series B · CN · AVCJ **$8.0M** With 2 others - **Mar** **[Hunliji](https://millionrounds.com/company/hunliji)** Series D · CN · DealStreetAsia **$70M** With 1 other - **Feb** **[Ctrl-Labs](https://millionrounds.com/company/ctrl-labs)** US · VentureBeat **$28M** With 5 others - **2018** 35 rounds - **Dec** **[Yuanfudao](https://millionrounds.com/company/yuanfudao)** CN · TechCrunch **$300M** With 2 others - **Dec** **[Earnin](https://millionrounds.com/company/earnin)** US · FinSMEs **$125M** With 7 others - **Dec** **[RightHand Robotics](https://millionrounds.com/company/righthand-robotics)** Series B · US · FinSMEs **$23M** With 3 others - **Dec** **[Fuyoukache](https://millionrounds.com/company/fuyoukache)** Series D · CN · China Money Network **$170M** *Led* - **Dec** **[15Five](https://millionrounds.com/company/15five)** Series A · US · FinSMEs **$8.2M** 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 **24 named** AM **Alison Martinson** Director i Filing they signed AW **Andrew W. Verhalen** Executive Officer i Filing they signed AD **Antonio D. Rodriguez** Managing Member of the General Partner i Filing they signed CW **Charlie Wemyss** Executive Officer i Filing they signed CF **Christine Flectcher** Director i Filing they signed CF **Christine Fletcher** Director i Filing they signed DR **Dana R. Stalder** Managing Member of the General Partner i Filing they signed DG **David Goel** Director i Filing they signed DR **David R. Skok** Executive Officer i Filing they signed HA **Hardi A. Meybaum** Executive Officer i Filing they signed IR **Ilya R. Sukhar** Managing Member of the General Partner i Filing they signed JD **Joshua D. Hannah** Executive Officer i Filing they signed KP **Karen Patnaude** Executive officer of general partner i Filing they signed KI **Kathleen Ihasz** Executive officer of general partner i Filing they signed LG **Laren Gillespie** Director i Filing they signed LA **Lisa Alexander** Director i Filing they signed MS **Marc Scheuer** Executive Officer i Filing they signed NI **Nicole Ihasz** Executive officer of general partner i Filing they signed PM **Patrick Malatack** Managing Member of the General Partner i Filing they signed RF **Richard Fuld** Executive Officer i Filing they signed RK **Richard Kravitz** Executive Officer i Filing they signed RR **Richard Ruffer** Director i Filing they signed RW **Robert Wohl** Executive Officer i Filing they signed SJ **Stan J. Reiss** Managing Member of the General Partner i Filing they signed We also hold **26** 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 ## Exits from the portfolio Companies it backed that were later bought or listed **3 in all** **[CTRL-labs](https://millionrounds.com/company/ctrl-labs)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Sept 2019 **[MoboTap](https://millionrounds.com/company/mobotap)** Bought by [ChangYou](https://millionrounds.com/fund/changyou) **$91M** Jul 2014 **[TalkTo](https://millionrounds.com/company/talkto)** Bought by Path **Undisclosed** Jun 2014 An exit counts when it came after the firm's first round in the company. From historical deal records. ## Companies it bought Acquisitions by the firm itself **Motorclean** **Undisclosed** Jan 2011 New fund on file **$10M** raised in Sept 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series B Series A Series C Median round joined **$30M** the round, not its cheque Alone, median **$3.3M** Led 7 of 103 rounds **7%** - **Sole investor:** 4 rounds - **Last cheque:** Sept 2026 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Series B *29* - Series A *24* - Series C *8* - Series D *8* - Seed *5* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) 21 - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 5 - [ZhenFund](https://millionrounds.com/fund/zhenfund) 5 - [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 4 - [Genesis](https://millionrounds.com/fund/genesis-3) 4 - [HSG](https://millionrounds.com/fund/hsg) 4 **Pitching Matrix?** 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. A count of rooms they were both in, not a relationship either has claimed. [**Matrix Partners China** VC firm **21** rounds together](https://millionrounds.com/fund/matrix-partners-china-2)[**Sequoia Capital** VC firm **5** rounds together](https://millionrounds.com/fund/sequoia-capital)[**ZhenFund** VC firm **5** rounds together](https://millionrounds.com/fund/zhenfund)[**Andreessen Horowitz** VC firm **4** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Genesis** Hedge fund **4** rounds together](https://millionrounds.com/fund/genesis-3)[**HSG** VC firm **4** rounds together](https://millionrounds.com/fund/hsg)[**IDG Capital** Private equity **4** rounds together](https://millionrounds.com/fund/idg-capital)[**Lightspeed Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Playground Global** VC firm **4** rounds together](https://millionrounds.com/fund/playground-global)[**Spark Capital** VC firm **4** rounds together](https://millionrounds.com/fund/spark-capital)[**8VC** VC firm **3** rounds together](https://millionrounds.com/fund/8vc)[**Accel** VC firm **3** rounds together](https://millionrounds.com/fund/accel) ## Recently backed The latest companies Matrix put money into. [**Delos Data** $100M · Sept 2026](https://millionrounds.com/company/delos-data)[**Light** $46M · Sept 2026](https://millionrounds.com/company/light)[**Giant** $8.0M · Feb 2026](https://millionrounds.com/company/giant)[**Cosmos** $15M · Jan 2026](https://millionrounds.com/company/cosmos)[**Suno** $250M · Nov 2025](https://millionrounds.com/company/suno)[**Baselane** $20M · Oct 2025](https://millionrounds.com/company/baselane) ## Quick answers about Matrix ### What does Matrix invest in? Matrix invests most often at Series B and Series A (72% of the rounds on record), in sectors such as FinTech. ### How active is Matrix? 103 investments on record, 7 of them in the last 12 months, and it led 7. The most recent was in Sept 2026. ### What has Matrix invested in recently? Its most recent investments on record: Delos Data (Series A, Sept 2026), Light (Series A, Sept 2026) and Sila (Growth, Jul 2026). ### How big are Matrix's cheques? The median round it joins is $30M. ### Does Matrix lead rounds? Sometimes: it led 7 of its 103 investments on record (7%). ### Where does Matrix invest? Most of the companies it backs are in the United States (61%) and China (31%). ### Is Matrix investing now? Yes: it is actively investing, with 7 investments in the last 12 months. ### Who does Matrix invest alongside? Most often Matrix Partners China (21 rounds together), Sequoia Capital (5 rounds together) and ZhenFund (5 rounds together). ## 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=matrix) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=matrix)