Portfolio map · VC firm · United States
Morgenthaler Ventures portfolio map
35 startups Morgenthaler Ventures has backed in rounds we track, since 1999, grouped by their main sector. Together they have raised $3.8B. The biggest sector is Biotech, with 14 companies.
35startups backed
6sectors
$3.8Braised between them
Biotechbiggest sector
Biotech
14
Funding by segment
- Biotech$1.3B14
- Software$966M6
- IT Services$492M5
- Healthtech$457M4
- Telecoms$333M3
- Medical Devices$207M3
Where they are based
- United States31$3.2B
- New Zealand1$375M
- Canada1$80M
- China1$50M
United States
New Zealand
Canada
ChinaFounded
31Earlier
112
113
14
15
16
17
18
19
20
21
22
23
24
25
26
2 without a founding year on record.
Total raised
- Under $1M0
- $1M to $10M3
- $10M to $50M6
- $50M to $250M21
- $250M to $1B5
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
33 of 35 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- United States31
- New Zealand1
- Canada1
- China1
Startups by country, 4 countries in all.
Segment by segment
Biotech
14 startups · $1.3B raised
SetPoint MedicalSetPoint Medical is a commercial-stage medical technology company founded in 2007, focused on developing bioelectronic therapies fUnited States$256M
MoximedMoximed Inc.United States$146M- OBOptiScan BiomedicalUnited States$121M
Elcelyx TherapeuticsElcelyx Therapeutics is developing nutrient sensing-based products for weight management and obesity-related metabolic disorders.United States$117M
Calithera BiosciencesCalithera Biosciences is a pharmaceutical company developing novel small molecule therapeutics for the treatment of cancer.United States$115M
NuvairaNuvaira is a new alternative COPD treatment option that specializes in developing devices for treating lung diseases.United States$115M- VVertiFlexUnited States$107M
Principia BioPharmaPrincipia Biopharma is dedicated to bringing oral therapies to patients with significant unmet medical needs in immunology & oncology.United States$90M
Software
6 startups · $966M raised
XeroAccounting software to help supercharge your small business.New Zealand$375M
EvernoteEvernote is a suite of software and services that allow users to capture, organize, and find information across multiple platforms.United States$290MPractice FusionPractice Fusion provides a free web-based electronic health record system and medical practice management technology to physicians.United States$158M
SocrataSocrata is a platform that enables governments to use data as a strategic asset.United States$55M
NuoDBNuoDB is a provider of distributed SQL database for cloud applications.United States$46M
JaspersoftJaspersoft provides a business intelligence suite that allows businesses to make better decisions through reports, dashboards and analytics.United States$44M
IT Services
5 startups · $492M raised
MuleSoftMuleSoft provides an integration and API platform that makes it easy to connect data from any system to create connected experiences.United States$350M
OneChip PhotonicsOneChip Photonics is a privately held company based in Ottawa, Ontario, Canada, founded in 2005.Canada$80M- UPUnited Platform TechnologiesUnited Platform Technologies is a China-based company that offers telecommunication services.China$50M
NexTagNextag is a price-comparison and comparison-shopping company founded in 1999, headquartered in San Mateo, California.United States$7.0M
ConvoConvo is a software company that specializes in AI-powered software services and team collaboration products.United States$5.0M
Healthtech
4 startups · $457M raised
Relievant MedsystemsRelievant Medsystems is a medical device company specializing in diagnosing and treating chronic low back pain.United States$211M
Miramar LabsMiramar Labs develops medical devices for aesthetic indications that treat primary axillary hyperhidrosis in adults.United States$126M
PeopleMatterPeopleMatter is a mobile-first workforce management and applicant tracking platform designed specifically for hourly workers in thUnited States$64M- EExploraMedExploraMed is a venture-backed medical technology incubation company.United States$55M
Telecoms
3 startups · $333M raised
Force10 NetworksForce10 Networks is a tech company offering reliable infrastructure solutions to build and secure intelligent services networks.United States$255M- WOWave7 OpticsWave7 Optics develops IP-based optical networks for the delivery of video, voice, and data services.United States$60M
- VPVSK PhotonicsA supplier of active photonic components for fiber-optic telecommunicationsUnited States$18M
Medical Devices
3 startups · $207M raised
Transcend MedicalTranscend Medical focuses on the research and development of novel devices for the treatment of glaucoma.United States$80M
ArdianArdian is a developer of catheter-based therapies for hypertension treatment.United States$64M
Spine WaveSpine Wave engages in developing and marketing medical devices for the treatment of spinal disorders.United States$63M
How this map is made. Every startup here has raised money in a round we track that names Morgenthaler Ventures as an investor, the first in 1999. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.
More portfolio maps
All portfoliosVC firm · United StatesTechstars1,119 startups · 12 sectors · $16BVC firm · United StatesAlumni Ventures745 startups · 12 sectors · $64BVC firm · United StatesAndreessen Horowitz694 startups · 12 sectors · $497BVC firm · United StatesSequoia Capital651 startups · 12 sectors · $677BVC firm · United StatesSV Angel548 startups · 12 sectors · $79BVC firm · United StatesGeneral Catalyst538 startups · 12 sectors · $230B
Raising from investors like Morgenthaler Ventures?
Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports.