# Morado Ventures: portfolio, investments and team

> Morado Ventures is a vc firm based in United States. 30 investments on record, 1 in the last 12 months, latest Nov 2025.

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

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

# Morado Ventures

Last cheque observed Nov 2025; 30 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Fashion Smart Clothes Wearables

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 30 on record

Since the last cheque **355** days **00** hrs **00** min **00** sec

Median round **$40M** Cheque size, as they say **$100K – $2.0M** Rounds led **0 of 30** Sole investor **3 rounds** Exits **11 from the portfolio** Mostly in **United States, 97%**

Pitch Morado Ventures

## Morado Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series A: 77% of its rounds
- 03 Sole investor in 3 rounds, median $1.1M
- 04 11 exits from the portfolio

## What they do

> Your partner in seed-stage investments. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Fashion Smart Clothes Wearables
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **30 appearances**

- **2025** 1 round
- **Nov** **[Scribe](https://millionrounds.com/company/scribe)** Series C · US · TechCrunch **$75M** With 8 others
- **2017** 1 round
- **Aug** **[Shocard](https://millionrounds.com/company/shocard)** Series A · US · FinSMEs **$4.0M** With 10 others
- **2013** 6 rounds
- **Nov** **[Colingo](https://millionrounds.com/company/colingo)** Seed · US · techcrunch.com **$2.4M** With 7 others
- **Nov** **[Betable](https://millionrounds.com/company/betable)** Series A · GB · finsmes.com **$19M** With 15 others
- **Sept** **[CPUsage](https://millionrounds.com/company/cpusage)** Venture · US · finsmes.com **$925K** With 3 others
- **Jun** **[Opsmatic](https://millionrounds.com/company/opsmatic)** Seed · US **$3.0M** With 8 others
- **Feb** **[Polar](https://millionrounds.com/company/polar)** Seed · US · finsmes.com **$1.2M** With 7 others
- **Jan** **[Tomfoolery](https://millionrounds.com/company/tomfoolery)** Seed · US · finsmes.com **$1.7M** With 8 others
- **2012** 11 rounds
- **Nov** **[Wello](https://millionrounds.com/company/wello)** Seed · US · techcrunch.com **$1.0M** With 6 others
- **Nov** **[Pepperdata](https://millionrounds.com/company/pepperdata)** Seed · US **Undisclosed** With 3 others
- **Nov** **[Local Motion](https://millionrounds.com/company/local-motion)** Seed · US · venturebeat.com **Undisclosed** With 7 others
- **Oct** **[Whitetruffle](https://millionrounds.com/company/whitetruffle)** Seed · US **$1.2M** With 6 others
- **Aug** **[ClassDojo](https://millionrounds.com/company/classdojo)** Seed · US · techcrunch.com **$1.6M** With 9 others
- **Jul** **[Openbucks](https://millionrounds.com/company/openbucks)** Series A · US · techcrunch.com **$4.8M** With 15 others
- **Jul** **[Jetpac](https://millionrounds.com/company/jetpac)** Series A · US · techcrunch.com **$2.4M** With 2 others
- **Jul** **[Openbucks](https://millionrounds.com/company/openbucks)** Venture · US **$1.1M** With 7 others
- **Jun** **[ThisLife](https://millionrounds.com/company/thislife)** Seed · US · techcrunch.com **$2.8M** With 5 others
- **May** **[DataTorrent](https://millionrounds.com/company/datatorrent)** Seed · US · pevc.dowjones.com **$750K** With 2 others
- **Apr** **[Lumo Bodytech](https://millionrounds.com/company/lumo-bodytech)** Seed · US · mobihealthnews.com **$1.1M** Sole investor
- **2011** 10 rounds
- **Dec** **[Science Exchange](https://millionrounds.com/company/science-exchange)** Seed · US · techcrunch.com **$1.5M** With 12 others
- **Jun** **[Impermium](https://millionrounds.com/company/impermium)** Seed · US · techcrunch.com **$1.0M** With 9 others
- **Jun** **[OnSwipe](https://millionrounds.com/company/onswipe)** Venture · US · techcrunch.com **$5.0M** With 8 others
- **May** **[Gobble](https://millionrounds.com/company/gobble)** Venture · US · techcrunch.com **$1.2M** With 14 others
- **May** **[CardSpring](https://millionrounds.com/company/cardspring)** Seed · US **Undisclosed** With 6 others
- **May** **[COLOURlovers](https://millionrounds.com/company/colourlovers)** Venture · US · techcrunch.com **$1.0M** With 7 others
- **Apr** **[BetaBrand](https://millionrounds.com/company/betabrand)** Series A · US · techcrunch.com **$1.3M** Sole investor
- **Apr** **[HipGeo](https://millionrounds.com/company/hipgeo)** Venture · US · hipgeo.com **$500K** Sole investor
- **Apr** **[Clover](https://millionrounds.com/company/clover)** Series A · US · xconomy.com **$5.5M** With 2 others
- **Jan** **[OnSwipe](https://millionrounds.com/company/onswipe)** Seed · US · blog.onswipe.com **$1.0M** With 10 others
- **2010** 1 round
- **Nov** **[Apsalar](https://millionrounds.com/company/apsalar)** Seed · US **$800K** 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 **2 named**

AP **Ashvinkumar Parbhoobhai Patel** Manager and Member of Morado Ventures, LLC i Form ADV

MJ **Michael James Marquez** Manager and Member of Morado Ventures, LLC i Form ADV

We also hold **8** 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

**$206M** gross assets of its funds Oct 2026

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

- **Legal name:** Morado Ventures, LLC
- **SEC number:** CRD 168743

## Exits from the portfolio

Companies it backed that were later bought or listed **11 in all**

**[Opsmatic](https://millionrounds.com/company/opsmatic)** Bought by New Relic **Undisclosed** Nov 2015

**[Local Motion](https://millionrounds.com/company/local-motion)** Bought by [Zipcar](https://millionrounds.com/fund/zipcar) **Undisclosed** Aug 2015

**[Polar](https://millionrounds.com/company/polar)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Sept 2014

**[Jetpac](https://millionrounds.com/company/jetpac)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Aug 2014

**[OnSwipe](https://millionrounds.com/company/onswipe)** Bought by Beanstock Media **Undisclosed** Aug 2014

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

**[COLOURlovers](https://millionrounds.com/company/colourlovers)** Bought by [Autodesk](https://millionrounds.com/fund/autodesk) **Undisclosed** Mar 2014

**[Tomfoolery](https://millionrounds.com/company/tomfoolery)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **$16M** Jan 2014

**[Impermium](https://millionrounds.com/company/impermium)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jan 2014

**[ThisLife](https://millionrounds.com/company/thislife)** Bought by Shutterfly **Undisclosed** Jan 2013

**[Clover](https://millionrounds.com/company/clover)** Bought by [First Data Corporation](https://millionrounds.com/fund/first-data) **$56M** Jan 2012

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 **$40M** the round, not its cheque Alone, median **$1.1M**

Led 0 of 30 rounds **0%**

- **Said size:** $100K – $2.0M
- **Sole investor:** 3 rounds
- **Last cheque:** Nov 2025
- **Exits:** 11 from the portfolio

Rounds by stage said on their site

- Seed said *17*
- Series A said *6*
- Venture *6*
- Series C *1*
- Pre-seed said *-*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) 9
- [SV Angel](https://millionrounds.com/fund/sv-angel) 7
- [Farzad (Zod) Nazem](https://millionrounds.com/fund/farzad-zod-nazem) 5
- [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) 4
- [500 Global](https://millionrounds.com/fund/500-startups) 3
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 3

**Pitching Morado Ventures?** 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 Morado Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**AME Cloud Ventures** VC firm **9** rounds together](https://millionrounds.com/fund/ame-cloud-ventures)[**SV Angel** VC firm **7** rounds together](https://millionrounds.com/fund/sv-angel)[**Farzad (Zod) Nazem** VC firm **5** rounds together](https://millionrounds.com/fund/farzad-zod-nazem)[**Webb Investment Network** Family office **4** rounds together](https://millionrounds.com/fund/webb-investment-network)[**500 Global** Angel **3** rounds together](https://millionrounds.com/fund/500-startups)[**Andreessen Horowitz** VC firm **3** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Crosslink Capital** VC firm **3** rounds together](https://millionrounds.com/fund/crosslink-capital)[**CrunchFund** VC firm **3** rounds together](https://millionrounds.com/fund/crunchfund-3)[**Greylock** VC firm **3** rounds together](https://millionrounds.com/fund/greylock-partners)[**Lerer Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/lerer-ventures)[**Start Fund** VC firm **3** rounds together](https://millionrounds.com/fund/start-fund)[**Alexis Ohanian** Angel **2** rounds together](https://millionrounds.com/fund/alexis-ohanian)

## Recently backed

The latest companies Morado Ventures put money into.

[**Scribe** $75M · Nov 2025](https://millionrounds.com/company/scribe)

## Quick answers about Morado Ventures

### What does Morado Ventures invest in?

Morado Ventures invests most often at Seed and Series A (77% of the rounds on record), in sectors such as Fashion, Smart Clothes and Wearables.

### How active is Morado Ventures?

30 investments on record, 1 of them in the last 12 months. The most recent was in Nov 2025.

### What has Morado Ventures invested in recently?

Its most recent investments on record: Scribe (Series C, Nov 2025) and Shocard (Series A, Aug 2017).

### How big are Morado Ventures's cheques?

The median round it joins is $40M. It says it writes cheques of $100K to $2.0M.

### Does Morado Ventures lead rounds?

Rarely, if at all: none of its 30 investments on record names it as the lead.

### Where does Morado Ventures invest?

Most of the companies it backs are in the United States (97%).

### Is Morado Ventures investing now?

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

### Who does Morado Ventures invest alongside?

Most often AME Cloud Ventures (9 rounds together), SV Angel (7 rounds together) and Farzad (Zod) Nazem (5 rounds together).

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