Matrix Partners

Venture capital firm
San Francisco, California, USAFounded 1977matrix.vcSee connections →Compare with Spark Capital

Early-stage venture firm investing from idea through Series A in founders with deep technical expertise across AI, fintech, B2B, infrastructure, semiconductors, health tech, consumer, and frontier tech.

At a glance

Matrix Partners appears in 5 funding rounds tracked by ValueAddVC since 2024. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was Ampersand's $15M Series A round (Oct 7, 2026). It co-invests most often with Bessemer Venture Partners and Lightspeed Venture Partners.

Strategy

Stages
SeedSeries A
Sectors
AIFintechB2BInfrastructureSemiconductorsHealth TechConsumerFrontier Tech
Geographies
USASan Francisco, California, USA
Check size
$1M-$25M

Recent changes

  1. Oct 7, 2026Invested in Ampersand (Series A, $15M) The SaaS News
  2. Oct 6, 2026Invested in General Medicine (Series B, $120M) PR Newswire
  3. Sep 5, 2026Stages updated: Seed, Series A matrix.vc
  4. Sep 5, 2026Sectors updated: AI, Fintech, B2B, Infrastructure, Semiconductors, Health Tech, Consumer, Frontier Tech matrix.vc
  5. Jul 21, 2026Invested in Sila (Growth, $300M) Sila
Earlier changes (2)
  1. Jun 3, 2026Follow-on: Invested in Suno (Series D, $400M+) Music Business Worldwide
  2. May 1, 2024Invested in Suno (Series B, $125M) Music Business Worldwide

Portfolio

12 total

Recent Investment Activity

5

Track record: led 0 and participated in 5 of 5 tracked venture rounds · 4 in the last 12 months

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 7, 2026AmpersandSeries AParticipated$15M—
Bessemer Venture PartnersLeadunverifiedMatrix PartnersunverifiedFlex CapitalYelpTenacity CapitalCTO Fund+1 more
The SaaS News
Oct 6, 2026General MedicineSeries BParticipated$120M—
Andreessen HorowitzLeadunverifiedMatrix PartnersunverifiedEli Lilly and CompanyunverifiedBoxGroupunverifiedVXI CapitalMercy Health
PR Newswire
Jul 21, 2026SilaGrowthParticipated$300M—Sila
Jun 3, 2026SunoSeries DParticipated$400M+$5.4BMusic Business Worldwide
May 2024SunoSeries BParticipated$125M$500MMusic Business Worldwide

Sector / Stage Activity

By sector (portfolio)
Enterprise SaaS
1 · 8%
Hardware
1 · 8%
Design software
1 · 8%
Developer tools
1 · 8%
Fintech / AI-native private banking
1 · 8%
Security tech
1 · 8%
Healthcare
1 · 8%
Enterprise IT
1 · 8%
AI infra
1 · 8%
Battery materials
1 · 8%
By stage (tracked rounds)
Series B
2 · 40%
Series A
1 · 20%
Growth
1 · 20%
Series D
1 · 20%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. Sila Raises $300M to Expand US Silicon Anode ManufacturingBattery materials startup Sila raised $300 million to expand its Washington state factory, bucking the EV slowdown with a silicon-carbon anode material already supplying Mercedes and Panasonic.→
  2. Meshy Raises Nearly $400M for AI 3D GenerationMeshy raised nearly $400 million at a $1.5 billion valuation, the largest round on record for AI 3D generation, as its revenue grows roughly 12x year-over-year to more than 12 million registered users.→

Matrix Partners FAQ

What companies has Matrix Partners invested in?

Matrix Partners' portfolio includes Ampersand, General Medicine, Meadow AI, APOLLO AI LAB, CO., Sila, Infinity, and 6 more tracked companies.

Who does Matrix Partners co-invest with most?

In the rounds Value Add tracks, Matrix Partners most often invests alongside Alkeon Capital (2 shared deals), Bessemer Venture Partners (2 shared deals), CRV (2 shared deals), 8VC (1 shared deal), Andreessen Horowitz (1 shared deal).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction