# M12's IT Services Investments: 11 Startups in Its Portfolio (2026)

> The 11 IT Services startups M12 has backed, by stage: $79M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/m12-it-services-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

4

- [Mental Canvas](https://millionrounds.com/company/mental-canvas)
- [Openhour](https://millionrounds.com/company/openhour)
- [SegmentFault](https://millionrounds.com/company/segmentfault)
- [BeehiveID](https://millionrounds.com/company/beehiveid)

## Pre-seed and seed

3

- [Rexter](https://millionrounds.com/company/rexter)
- [Appknox](https://millionrounds.com/company/appknox)
- [Reemo](https://millionrounds.com/company/reemo)

## Series B

2

- [Workboard](https://millionrounds.com/company/workboard)
- [Conduktor](https://millionrounds.com/company/conduktor)

## Series A

2

- [*D* Dataloop.IO](https://millionrounds.com/company/dataloop-io)
- [BuildersCloud](https://millionrounds.com/company/builderscloud)

## Segment by segment

### Stage not reported

4 startups · $3.8M raised

- [**Mental Canvas**](https://millionrounds.com/company/mental-canvas) Mental Canvas is a New York-based software technology company founded in 2013. United States $2.0M
- [**Openhour**](https://millionrounds.com/company/openhour) Openhour is defining a new category of employee productivity called "Quantified Performance". United States $1.5M
- [**SegmentFault**](https://millionrounds.com/company/segmentfault) SegmentFault 思否 is a leading developer Q&A community in China, established in 2012 and based in Hangzhou. China $165K
- [**BeehiveID**](https://millionrounds.com/company/beehiveid) BeehiveID designs and develops application programming interface. United States $120K

### Pre-seed and seed

3 startups · $2.5M raised

- [**Rexter**](https://millionrounds.com/company/rexter) Whether you are in sales, business development, investment advising or just a busy professional who relies on your network to keep United States $1.4M
- [**Appknox**](https://millionrounds.com/company/appknox) Appknox is an AI-powered mobile application security testing platform founded in 2014, with its global headquarters in Singapore a Singapore $660K
- [**Reemo**](https://millionrounds.com/company/reemo) Reemo is a French cybersecurity company founded in 2014, specializing in secure remote access solutions. United States $425K

### Series B

2 startups · $65M raised

- [**Workboard**](https://millionrounds.com/company/workboard) WorkBoard, Inc. United States $35M
- [**Conduktor**](https://millionrounds.com/company/conduktor) Conduktor is an Enterprise Data Management platform that specializes in data streaming, built as a proxy layer over Apache Kafka. United States $30M

### Series A

2 startups · $8.0M raised

- [*D* **Dataloop.IO**](https://millionrounds.com/company/dataloop-io) United Kingdom $5.8M
- [**BuildersCloud**](https://millionrounds.com/company/builderscloud) BuildersCloud makes sharing, accessing and working with construction documents incredibly easy. United States $2.2M

**How this map is made.** Every startup here works in IT Services and has raised money in a round we track that names M12 as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **M12's AI portfolio** 32 startups · $2.8B](https://millionrounds.com/portfolio-maps/m12-ai-portfolio)[Portfolio map **M12 portfolio map** 94 startups · $4.9B](https://millionrounds.com/portfolio-maps/m12-portfolio-map)[Co-investors **Who invests with M12** 81 co-investors](https://millionrounds.com/portfolio-maps/m12-co-investors)[Sector portfolio **Coinbase Ventures' Web3 & Crypto portfolio** 168 startups · $5.7B](https://millionrounds.com/portfolio-maps/coinbase-web3-crypto-portfolio)[Sector portfolio **Salesforce Ventures' AI portfolio** 115 startups · $181B](https://millionrounds.com/portfolio-maps/salesforce-ventures-ai-portfolio)[Sector portfolio **Google Ventures' AI portfolio** 81 startups · $16B](https://millionrounds.com/portfolio-maps/gv-ai-portfolio)

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