Recent Funding
Investors
Matrix Partners

Matrix Partners portfolio

Matrix Partners has 37 portfolio companies on record at Recent Funding, with 11 investments in the last 12 months.

Website: matrix.vc.

X: @matrixvc.

Type: Venture capital.

Portfolio on Recent Funding: 37.

Deals, last 12 months: 11.

Rounds led: 12 of 40.

Capital in their rounds: $2.9B.

Latest deal: Ampersand · Oct 7, 2026.

About this page

It is a venture capital firm based in San Francisco, US, founded in 1977. It led 12 of the 40 rounds it joined. Its most recent investment on record is Ampersand's $15M Series A round in October 2026, alongside Tenacity Capital, Yelp, CTO fund and 3 others. By category, its portfolio leans toward AI agents (9) and Consumer and social (7). It has co-invested with Underscore VC, Andreessen Horowitz and Spark Capital, most often Underscore VC (6 rounds).

About Matrix Partners

Firm type: Venture capital.

Headquarters: San Francisco, US.

Founded: 1977.

Stages: Pre-Seed, Seed, Series A.

Sectors: AI & Machine Learning, Consumer, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, Healthtech, Sector Agnostic, Semiconductors.

Check size: $100K to $10M.

Leads rounds: No.

Portfolio companies: 139.

Exits: 29.

Rounds led: 40.

Matrix Partners recent investments

Company	Round	Date	Alongside
AAmpersand	Series A · $15M	Oct 7, 2026	Tenacity Capital, Yelp, CTO fund +3
GGeneral Medicine	Series B+ · $120M	Oct 6, 2026	Granger Management LLC, BoxGroup, Eli Lilly & Company Foundation +2
TThunder Compute	Series A · $13M	Aug 19, 2026	Y Combinator
LLemma	Pre-seed	Aug 13, 2026	Y Combinator
SSuno	Series B+ · $400M	Jun 3, 2026	Alkeon Capital, Menlo Ventures, Schroders Capital +6
CCaptain Fresh	Series B+ · $40M	Apr 23, 2026	Z47, Naspers, Ankur Capital +5
CConductor	Series A · $22M · lead	Mar 31, 2026	none named
BBoldVoice	Series A · $21M · lead	Jan 28, 2026	The Graduate Syndicate, Alumni Ventures, Y Combinator +4

How Matrix Partners invests

Stage	Deals	Capital in rounds
Series B+	20 50%	$2.63B
Series A	15 38%	$257.7M
Seed	4 10%	$15.7M
Pre-seed	1 3%	undisclosed

Year	Deals	Capital in rounds
2013	3 8%	$99M
2014	1 3%	$2.2M
2017	2 5%	$35M
2018	3 8%	$62.2M
2019	2 5%	$70.7M
2020	1 3%	$155M
2021	3 8%	$107.3M
2022	2 5%	$114.5M
2023	2 5%	$52M
2024	2 5%	$215M
2025	10 25%	$1.36B
2026	9 23%	$631M

Company	Round with Matrix Partners	Total raised	Latest raise
AAmpersand AI agents	Oct 7, 2026 Series A · $15M	$32M	Oct 7, 2026 Series A
GGeneral Medicine Insurance	Oct 6, 2026 Series B+ · $120M	$120M	Oct 6, 2026 Series B+
TThunder Compute AI infrastructure and compute	Aug 19, 2026 Series A · $13M	$13M	Aug 19, 2026 Series A
LLemma	Aug 13, 2026 Pre-seed	undisclosed	Aug 13, 2026 Pre-seed
SSuno Voice and audio AI	Jun 3, 2026 Series B+ · $400M	$775M	Jun 3, 2026 Series B+
CCaptain Fresh Commerce and retail	Apr 23, 2026 Series B+ · $40M	$147M	Apr 23, 2026 Series B+
CConductor AI coding and devtools	Mar 31, 2026 Series A · $22M · lead	$22.5M	Mar 31, 2026 Series A
BBoldVoice Voice and audio AI	Jan 28, 2026 Series A · $21M · lead	$21M	Jan 28, 2026 Series A
CCosmos Consumer and social	Jan 21, 2026 Series A · lead	undisclosed	Jan 21, 2026 Series A
LLuma AI AI agents	Nov 20, 2025 Series B+ · $900M	$1.06B	Nov 20, 2025 Series B+
BBaselane Fintech	Oct 1, 2025 Series B+ · $20M	$54M	Oct 9, 2025 round
OOptura Health and bio	May 20, 2025 Seed · $6.5M · lead	$24M	May 14, 2026 Series A
CCloudZero Developer tools and cloud	May 1, 2025 Series B+ · $56M	$93.5M	Jul 13, 2026 Series B+
SSteadily Insurance	Apr 24, 2025 Series B+ · $30M	$57M	Jun 28, 2026 Series B+
RRiza AI coding and devtools	Apr 16, 2025 Seed · $2.7M · lead	$2.7M	Apr 16, 2025 Seed
SSesame AI AI agents	Feb 27, 2025 Series A · $47.5M	$297.5M	Oct 21, 2025 Series B+
BBaya Systems AI infrastructure and compute	Jan 23, 2025 Series B+ · $36M	$36M	Jan 23, 2025 Series B+
GGentrace AI coding and devtools	Jan 7, 2025 Series A · $8M · lead	$8M	Dec 23, 2025 Series A
115Five Stablecoins	Jul 21, 2022 Series B+ · $52M	$94.1M	May 20, 2026 Series B+
MMashgin Robotics and hardware	May 9, 2022 Series B+ · $62.5M	$62.5M	May 9, 2022 Series B+
LLightmatter AI infrastructure and compute	May 6, 2021 Series B+ · $80M	$800M	Oct 21, 2024 Series B+
SSalsify Sales and marketing	Sep 23, 2020 Series B+ · $155M	$436M	Aug 18, 2022 Series B+
SStarship Sales and marketing	Aug 20, 2019 Series A · $40M	$281.2M	Oct 15, 2025 Series B+
OOculus Gaming	Dec 1, 2013 Series B+ · $75M	$94M	Jul 13, 2026 Series B+
NNew Generation AI agents	backer · source	$4.5M	May 20, 2025 Seed
SSalient Lending and credit	backer · source	$60.5M	Jul 28, 2025 Series A
RRelace Foundation models and research	backer · source	$23.5M	Oct 8, 2025 Series A
BBasedash Data and analytics	backer · source	undisclosed	May 16, 2023 Seed
CCourier AI agents	backer · source	undisclosed	—
PParabola AI agents	backer · source	$24M	Jun 28, 2023 Series B+
LLightspark Stablecoins	backer · source	undisclosed	—
LLuma In-person and live experiences	backer · source	undisclosed	—
AAlmanak	backer	undisclosed	—
AAugust Health Health and bio	backer	$29M	Aug 7, 2025 Series B+
KKinnek Commerce and retail	backer	undisclosed	—
AAluna Medical Diagnostics Health and bio	backer	$15M	Feb 1, 2023 Series B+
DDashtoon Gaming	backer	$18M	Aug 1, 2025 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (AI agents).

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 40 rounds on Recent Funding that name Matrix Partners. 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 Matrix Partners, which is a subset of its real portfolio. API: /api/v1/investors/matrix-partners (get a free API key). More: the most active VC firms and new venture capital funds.