M12 (Microsoft) portfolio

M12 (Microsoft) has 49 portfolio companies on record at Recent Funding, with 6 investments in the last 12 months.

Website: m12.vc.

X: @M12vc.

Type: Corporate venture.

Portfolio on Recent Funding: 49.

Deals, last 12 months: 6.

Rounds led: 11 of 46.

Capital in their rounds: $2.96B.

Latest deal: Reach Security · Oct 13, 2026.

About this page

It is a corporate venture investor based in Seattle, US, founded in 2016. It led 11 of the 46 rounds it joined. Its most recent investment on record is Reach Security's $50M Series B+ round in October 2026, alongside Top Tier Capital Partners, Ballistic Ventures and IQT. By category, its portfolio leans toward Developer tools and cloud (21) and Cybersecurity (12). It has co-invested with Insight Partners, Lightspeed and TLV Partners, most often Insight Partners (6 rounds).

About M12

Firm type: Corporate venture.

Headquarters: Seattle, US.

Founded: 2016.

Stages: Seed, Series A, Series B, Series C.

Sectors: AI & Machine Learning, Cloud Computing, Cybersecurity, Data & Infrastructure, Deep Tech, Developer Tools, Enterprise Software, SaaS, Sales Tech, Sector Agnostic.

Check size: $100K to $10M.

Leads rounds: Yes.

Portfolio companies: 145.

Exits: 7.

Rounds led: 26.

What M12 invests in

Developer tools and cloud · 21 · 43%
Cybersecurity · 12 · 24%
AI infrastructure and compute · 8 · 16%
Data and analytics · 8 · 16%
AI agents · 8 · 16%
Robotics and hardware · 5 · 10%
Education · 4 · 8%
Legal and compliance · 4 · 8%

M12 recent investments

Company	Round	Date	Alongside
RReach Security	Series B+ · $50M	Oct 13, 2026	Top Tier Capital Partners (lead), Ballistic Ventures, IQT
MMecka	Series B+ · $60M	Oct 7, 2026	Samsung Electronics, Framework Ventures, Nvidia +4
MMantic	Seed · $25M	Sep 18, 2026	Episode 1, Radical Ventures, Thomas Wolf +7
GGimlet Labs	Series B+ · $300M	Sep 4, 2026	645 Ventures, Hudson River Trading, Factory +14
KKnox Systems	Series A · $25M	Mar 17, 2026	Benchstrength, Hearst Ventures, FirsthandVC +5
OOutset	Series B+ · $30M	Dec 10, 2025	Radical Ventures (lead), Adverb Ventures, Weekend Fund +2
SSola Security	Series A · $35M · lead	Sep 4, 2025	none named
AArmada	Series A · $131M · lead	Jul 24, 2025	none named

How M12 invests

Stage	Deals	Capital in rounds
Series B+	31 67%	$2.49B
Series A	12 26%	$394M
Seed	3 7%	$75M

Year	Deals	Capital in rounds
2016	1 2%	$9M
2017	4 9%	$91M
2018	1 2%	$28M
2019	3 7%	$142M
2020	6 13%	$282M
2021	10 22%	$1.1B
2022	6 13%	$340M
2023	2 4%	$165M
2024	1 2%	$17M
2025	7 15%	$316M
2026	5 11%	$460M

M12 portfolio companies

RReach Security$50MSeries B+ · Oct 2026
MMecka$60MSeries B+ · Oct 2026
MMantic$25MSeed · Sep 2026
GGimlet Labs$300MSeries B+ · Sep 2026
KKnox Systems$25MSeries A · Mar 2026
OOutset$30MSeries B+ · Dec 2025
SSola Security$35MSeries A · Sep 2025
AArmada$131MSeries A · Jul 2025
EEventual$20MSeries A · Jun 2025
SSGNL$30MSeries A · Mar 2025
EEdera$15MSeries A · Feb 2025
EEvinced$55MSeries B+ · Jan 2025
NNuon$17MSeries A · Dec 2024
TTypeface$100MSeries B+ · Jun 2023
OOX Security$34MSeed · Sep 2022
TTheom$16MSeed · Sep 2022
EEvisort$100MSeries B+ · May 2022
WWandelbots$84MSeries B+ · Jan 2022
HHunters$68MSeries B+ · Jan 2022
PPandaDoc$100MSeries B+ · Sep 2021
PPsiQuantum$450MSeries B+ · Jul 2021
NNetradyne$150MSeries B+ · Jul 2021
BBeamery$138MSeries B+ · Jun 2021
AAqua Security$135MSeries B+ · Mar 2021
XXsight LabsSeries B+ · Mar 2021
RRescale$50MSeries B+ · Feb 2021
AApplied Intuition$125MSeries B+ · Oct 2020
SSynack$52MSeries B+ · May 2020
CContrast Security$65MSeries B+ · Feb 2019
VVapibacker
AAuctorbacker
AArizebacker
FFastinobacker
EEntirebacker
NNous Researchbacker
SStuutbacker
AArcee AIbacker
MMoondreambacker
SSolve Intelligencebacker
EEnvisagenicsbacker
LLottiefilesbacker
IInnovaccerbacker
EElement Aibacker
IInceptionbacker
DDiderobacker
@@dMatrixbacker
NNobleAIbacker
VVolleybacker
BBaybacker

Company	Round with M12	Total raised	Latest raise
RReach Security Cybersecurity	Oct 13, 2026 Series B+ · $50M	$80M	Oct 13, 2026 Series B+
MMecka Crypto x AI	Oct 7, 2026 Series B+ · $60M	$128M	Oct 7, 2026 Series B+
MMantic	Sep 18, 2026 Seed · $25M	$29M	Sep 18, 2026 Seed
GGimlet Labs AI infrastructure and compute	Sep 4, 2026 Series B+ · $300M	$380M	Sep 4, 2026 Series B+
KKnox Systems Legal and compliance	Mar 17, 2026 Series A · $25M	$25M	Mar 17, 2026 Series A
OOutset Data and analytics	Dec 10, 2025 Series B+ · $30M	$47.5M	Dec 10, 2025 Series B+
SSola Security Cybersecurity	Sep 4, 2025 Series A · $35M · lead	$65M	Sep 4, 2025 Series A
AArmada AI infrastructure and compute	Jul 24, 2025 Series A · $131M · lead	$361M	May 20, 2026 Series B+
EEventual Voice and audio AI	Jun 25, 2025 Series A · $20M	$50M	Jul 22, 2025 Seed
SSGNL AI agents	Mar 27, 2025 Series A · $30M	$30M	Mar 27, 2025 Series A
EEdera Robotics and hardware	Feb 25, 2025 Series A · $15M · lead	$20M	Feb 25, 2025 Series A
EEvinced Legal and compliance	Jan 7, 2025 Series B+ · $55M	$110M	Jan 7, 2025 Series B+
NNuon Developer tools and cloud	Dec 1, 2024 Series A · $17M · lead	$17M	Dec 1, 2024 Series A
TTypeface Commerce and retail	Jun 1, 2023 Series B+ · $100M	$165M	Oct 11, 2025 Series B+
OOX Security Cybersecurity	Sep 29, 2022 Seed · $34M · lead	$94M	May 7, 2025 Series B+
TTheom Cybersecurity	Sep 13, 2022 Seed · $16M · lead	$36M	May 12, 2025 Series A
EEvisort Legal and compliance	May 1, 2022 Series B+ · $100M	$156M	Jun 23, 2022 Series B+
WWandelbots Robotics and hardware	Jan 25, 2022 Series B+ · $84M	$120.8M	Jan 25, 2022 Series B+
HHunters Cybersecurity	Jan 25, 2022 Series B+ · $68M	$113M	Jan 25, 2022 Series B+
PPandaDoc Sales and marketing	Sep 22, 2021 Series B+ · $100M	$145.66M	Sep 22, 2021 Series B+
PPsiQuantum AI infrastructure and compute	Jul 27, 2021 Series B+ · $450M	$1.45B	Sep 10, 2025 Series B+
NNetradyne Data and analytics	Jul 15, 2021 Series B+ · $150M	$256M	Jan 13, 2026 Series B+
BBeamery Sales and marketing	Jun 17, 2021 Series B+ · $138M	$223M	Dec 13, 2022 Series B+
AAqua Security Cybersecurity	Mar 10, 2021 Series B+ · $135M	$321M	Feb 9, 2024 round
XXsight Labs AI infrastructure and compute	Mar 4, 2021 Series B+	$300M	Jul 30, 2026 Series B+
RRescale AI infrastructure and compute	Feb 2, 2021 Series B+ · $50M	$203.4M	Oct 11, 2025 Series B+
AApplied Intuition Robotics and hardware	Oct 24, 2020 Series B+ · $125M	$940M	Apr 9, 2026 Series B+
SSynack Cybersecurity	May 1, 2020 Series B+ · $52M	$108M	Apr 13, 2025 Seed
CContrast Security AI coding and devtools	Feb 28, 2019 Series B+ · $65M	$245M	Dec 5, 2025 Series B+
VVapi Voice and audio AI	backer · source	$70M	May 12, 2026 Series B+
AAuctor Developer tools and cloud	backer · source	$20.5M	Apr 15, 2026 Series A
AArize AI agents	backer · source	$70M	Jun 1, 2026 Series A
FFastino AI coding and devtools	backer · source	$17.5M	May 7, 2025 Seed
EEntire AI agents	backer · source	$60M	Feb 10, 2026 Seed
NNous Research AI agents	backer	$155M	Oct 7, 2026 Series B+
SStuut AI agents	backer	$82M	Oct 7, 2026 Series B+
AArcee AI Foundation models and research	backer	$174M	Sep 17, 2026 Series B+
MMoondream AI infrastructure and compute	backer	$4.5M	Oct 28, 2024 Pre-seed
SSolve Intelligence Legal and compliance	backer	$55.5M	Dec 9, 2025 Series B+
EEnvisagenics Health and bio	backer	$45M	Jun 5, 2024 Series B+
LLottiefiles Sales and marketing	backer	undisclosed	—
IInnovaccer AI agents	backer	undisclosed	—
EElement Ai Crypto x AI	backer	undisclosed	—
IInception Foundation models and research	backer · source	$50M	Dec 3, 2025 Seed
DDidero AI agents	backer	$37M	Feb 12, 2026 Series A
@@dMatrix AI infrastructure and compute	backer	$44M	Apr 20, 2022 round
NNobleAI Climate and energy	backer	$15M	Nov 19, 2024 Series A
VVolley Voice and audio AI	backer	undisclosed	—
BBay AI agents	backer	$87M	Nov 10, 2026 Seed

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 46 rounds on Recent Funding that name M12. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists M12, which is a subset of its real portfolio. API: /api/v1/investors/m12 (get a free API key). More: the most active VC firms and new venture capital funds.