# Who Invests With Matrix: 50 Co-Investors (2026) > The 50 investors that have backed two or more of the same startups as Matrix, by kind: vc firms, private equity and asset managers and growth funds. Source: https://millionrounds.com/portfolio-maps/matrix-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 38 - [*MP* Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) - [Matrix Partners](https://millionrounds.com/fund/matrix-partners) - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - [ZhenFund](https://millionrounds.com/fund/zhenfund) - [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) - [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - [Spark Capital](https://millionrounds.com/fund/spark-capital) - [BoxGroup](https://millionrounds.com/fund/boxgroup) - [HSG](https://millionrounds.com/fund/hsg) - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) - [Coatue](https://millionrounds.com/fund/coatue-management) - [CRV](https://millionrounds.com/fund/crv) - [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) - [8VC](https://millionrounds.com/fund/8vc) - [Accel](https://millionrounds.com/fund/accel) - [Founder Collective](https://millionrounds.com/fund/founder-collective) - [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) - [GGV Capital](https://millionrounds.com/fund/ggv-capital) - [Playground Global](https://millionrounds.com/fund/playground-global) - [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) - [Legend Capital](https://millionrounds.com/fund/legend-capital) - [Source Code Capital](https://millionrounds.com/fund/source-code-capital) - [K2VC](https://millionrounds.com/fund/k2vc) - [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) +14 more ## Private equity and asset managers 9 - [IDG Capital](https://millionrounds.com/fund/idg-capital) - [Genesis](https://millionrounds.com/fund/genesis-3) - [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) - [Atlas](https://millionrounds.com/fund/atlas-2) - [Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital) - [CICC](https://millionrounds.com/fund/cicc) - [Saif Partners](https://millionrounds.com/fund/saif-partners) - [YunFeng Capital](https://millionrounds.com/fund/yunfeng-capital) - [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) ## Growth funds 3 - [*EB* Eastern Bell](https://millionrounds.com/fund/eastern-bell) - [HSBC](https://millionrounds.com/fund/hsbc) - [Spark](https://millionrounds.com/fund/spark-3) ## Segment by segment ### VC firms 38 investors - [*MP* **Matrix Partners China**](https://millionrounds.com/fund/matrix-partners-china-2) VC firm United States 19 backed - [**Matrix Partners**](https://millionrounds.com/fund/matrix-partners) VC firm United States 19 backed - [**Sequoia Capital**](https://millionrounds.com/fund/sequoia-capital) VC firm United States 7 backed - [**ZhenFund**](https://millionrounds.com/fund/zhenfund) VC firm China 6 backed - [**Andreessen Horowitz**](https://millionrounds.com/fund/andreessen-horowitz) VC firm United States 6 backed - [**Tengxun Touzi**](https://millionrounds.com/fund/tengxun-touzi) VC firm China 5 backed - [**Spark Capital**](https://millionrounds.com/fund/spark-capital) VC firm United States 4 backed - [**BoxGroup**](https://millionrounds.com/fund/boxgroup) VC firm United States 4 backed ### Private equity and asset managers 9 investors - [**IDG Capital**](https://millionrounds.com/fund/idg-capital) Private equity China 5 backed - [**Genesis**](https://millionrounds.com/fund/genesis-3) Hedge fund United States 4 backed - [**Dragoneer Investment**](https://millionrounds.com/fund/dragoneer-investment-group) Private equity United States 2 backed - [**Atlas**](https://millionrounds.com/fund/atlas-2) Private equity United States 2 backed - [**Eastern Bell Capital**](https://millionrounds.com/fund/eastern-bell-capital) Private equity China 2 backed - [**CICC**](https://millionrounds.com/fund/cicc) Investment bank China 2 backed - [**Saif Partners**](https://millionrounds.com/fund/saif-partners) Private equity Hong Kong SAR China 2 backed - [**YunFeng Capital**](https://millionrounds.com/fund/yunfeng-capital) Private equity - 2 backed ### Growth funds 3 investors - [*EB* **Eastern Bell**](https://millionrounds.com/fund/eastern-bell) Growth fund - 3 backed - [**HSBC**](https://millionrounds.com/fund/hsbc) Growth fund United Kingdom 2 backed - [**Spark**](https://millionrounds.com/fund/spark-3) Growth fund United States 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as Matrix, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Matrix. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Matrix portfolio map** 53 startups · $8.7B](https://millionrounds.com/portfolio-maps/matrix-portfolio-map)[Investments abroad **Matrix's investments in China** 31 startups · $6.3B](https://millionrounds.com/portfolio-maps/matrix-investments-china)[Investments abroad **Matrix's investments in the United States** 26 startups · $3.0B](https://millionrounds.com/portfolio-maps/matrix-investments-united-states)[Sector portfolio **Matrix's Internet portfolio** 11 startups · $2.1B](https://millionrounds.com/portfolio-maps/matrix-internet-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)[Co-investors **Who invests with 500 Global** 996 co-investors](https://millionrounds.com/portfolio-maps/500-startups-co-investors) ## Raising from investors like Matrix? 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