Top 17 Investor Venture Capital Firms in Massachusetts [2023]

The Massachusetts venture capital industry has a long history and is home to many venture capital firms. In this article, we’ll look at 17 of the best VC firms in Massachusetts. We’ll also see how many investments each company has made over time, which industries these investments are focused on, and more.

1. General Catalyst

General Catalyst is a venture capital firm investing in companies around the world. General Catalyst has been in business since 2000 and is based in Boston, MA. The company has invested in more than 300 companies, including Airbnb, Canvas Data Analytics and Blue Apron. It has raised over billion through its various funds.

General Catalyst focuses on early-stage investments and helps build businesses with strong founders who have an idea worth pursuing. Their current portfolio includes startups such as ADMING GMBH (Digital Asset Rights Management), Betterment Inc., Caredash Inc., Classpass Inc., Docracy Inc., Digital Ocean Inc., Factual Inc., Getty Images LLC (Photo Banks) , Handshake Inc. (social network for recruiters), Ilium Software Solutions LLC (Software Development Services), Kumu Networks Inc. (network monitoring network) and Nextdoor Inc. (online neighborhood network).

2. Material Impact Fund

Material Impact Fund is a Boston-based venture capital firm focused on healthcare, consumer and enterprise software. The firm’s investment team is led by David Mullin, who has invested in more than 80 companies during his career at Material Impact Fund, including Overstock, Paypal and Nextdoor.

The company raised million in its latest fund and is investing in seeds through equity rounds for startups.

The company has offices in Boston and San Francisco.

3. Capital shows off

F-Prime Capital is a venture capital firm founded in 2003. The firm has offices in Boston, Massachusetts and New York. F-Prime has invested in over 80 companies since its founding, including several big names such as AppDynamics, Goop and Slack.

In 2017, Forbes listed F-Prime as number 50 on its list of top venture capital firms in the world based on its total amount of funding raised per year. The company has raised billion since 2003 from investors including General Catalyst Partners and Tiger Global Management LLC

4. Kingscrowd

Kingscrowd is a venture capital firm that invests in seed and early stage startups. The company is focused on companies building the next generation of enterprise software, with a focus on cloud computing and big data. It has offices in Cambridge, MA and San Francisco, CA.

Crowd was founded in 2011 by former Atlas Venture and Highland Capital Partners, who wanted to focus on start-ups. The company’s initial fund was 0 million. Crowd invests in seed and Series A, as well as follow-on investments at later stages. It has invested in more than 100 companies since its founding in 2011, including Databricks (acquired by Oracle), New Relic (NYSE: Newr) and Natero.

5. Optum Ventures

Optum Ventures is a venture capital firm that invests in HealthTech and Healthcare companies. It was founded in 2012 and has since invested in over 40 companies, including C3 IoT and Qventus.

Optum Ventures is a subsidiary of Optum, a US-based healthcare services company. The company has offices in Boston, Massachusetts; San Francisco and Menlo Park, California; London; Tel Aviv; Austin; Kansas City; New York City; Seattle; Cambridge/Boston Area (Massachusetts); Minnetonka (Minnesota); Area Omaha/Omaha (Nebraska); SIOUX FALLS / SIOUX FALLS Area (South Dakota).

6. Adage capital management

Adage Capital Management is a venture capital firm that invests in early-stage companies in the technology, healthcare and consumer sectors. The company is based in Boston and was founded in 2018 by Frank Coker Jr., founder of Coker Group LLC; James Cherry, senior vice president of Genomic Health Inc.; and Matthew Wansley, managing partner at Coker Group LLC.

The company has invested in more than 30 companies in the United States.

7. 406 Ventures

406 Ventures is a venture capital firm focused on early-stage seed and Series A investments in enterprise software and services companies. 406 Ventures has raised 0 million across two funds, including its first fund which closed 0 million in 2017. With a team of more than 20 partners, the company’s primary focus areas are technology. Enterprise, Distribution Channels, Financial Services, Healthcare (HCIT), Supply Chain Optimization and Software as a Service (SaaS). The company has offices in Boston, New York and San Francisco.

The company was founded by Brad Feld – an entrepreneur who previously co-founded Techstars; JASON MENDELSON – Former Managing Director of Deloitte Consulting LLP; Brian O’Malley – Former CFO at Akamai Technologies Inc.; Erik Rannala – formerly at Bain Capital Ventures; JESSICA POWELL – Previously Director of Global Communications for Facebook Inc.; SEAN GALLAGHER – Former Head of Business Development at Akamai Technologies Inc.; Jonathan Kagan – previously worked as a mergers and acquisitions lawyer with Wilmerhale LLP

8. Providence Strategic Growth (PSG)

Providence Strategic Growth (PSG) is a venture capital firm that invests in early-stage companies to build the future of healthcare. They are currently investing from PSG 3, which closed in June 2019 and had 0 million under management. They prefer to invest between million and million per business with a focus on VC-backed businesses that are already profitable or could be profitable within 24 months of investment. Their portfolio includes Zocdoc, Clinic Quality Solutions, Remedy Health Media, Pivotal Sleep & Respiratory Care Inc., Truveris Inc. and others.

9. Mass Development

MassDevelopment is a public-private partnership that provides financing and business assistance to businesses creating jobs in Massachusetts. The state agency provides the capital and expertise with which developers, companies and investors to formulate creative solutions for their projects.

MassDevelopment helps finance through traditional debt instruments or equity investments, which can be used as part of a larger development package. It also provides direct technical assistance through its staff of professionals specializing in commercial real estate financing, economic development planning, environmental sustainability and community revitalization.

In addition to providing financial support for businesses in Massachusetts communities, Mass Development focuses on projects that create jobs, increase the tax base, and improve local communities.

10. TA Associates

TA Associates is a global private equity firm with over billion in committed capital. It invests in growth-oriented companies in a range of industries. TA Associates has offices in Boston, London and Hong Kong.

TA Associates was founded by Warburg Pincus partners in 1972 and made its first investments in 1977 with the purchase of three businesses: Scott & Stringfellow (an insurance agency), Trans Union (a credit reporting agency) and National Distribution Center (A Exveillment Service Provider). TA Associates has grown by more than 40 acquisitions since then, including companies such as LSI Logic, EMC Corporation, the advisory consulting firm and Intelsat SA, which provide advisory services such as IT Management Consulting; strategic consulting services; Health staffing; Business solutions in technological activity for commercial companies; wireless network infrastructure products for mobile wireless communications networks; Satellite systems for television broadcasting and telecommunications applications; International phone calls via cable or fiber optic lines;;

11. Calibrated

Capshift is a venture capital firm that invests in companies focused on developing products, services and solutions that solve the world’s most pressing problems. The firm invests in companies that have a proven business model and have demonstrated market traction.

The company focuses on technology companies that have the potential to improve lives, solve serious challenges and create social impact at scale. The firm’s team of seasoned investors has decades of experience investing in early-stage venture capital companies and startups, helping them grow into successful businesses.

12. Harbourvest Partners

Harbourvest Partners is a venture capital firm focused on investing in early-stage and growth-stage companies, as well as growth-equity financing to later-stage companies.

Its headquarters are located in Boston, Massachusetts, with offices in London and San Francisco.

Harbourvest has invested over billion since its founding in 1994 through over 400 investments worldwide. The firm currently manages billion across three funds: Harbourvest Partners VI (launched March 2015), HVP X (launched July 2018), and HVP XI (launched July 2020).

13. Building Ventures

Building Ventures invests in startups that are revolutionizing their industries. The company’s mission is to help entrepreneurs build world-class businesses. It has offices in London, New York and San Francisco.

The company has raised over billion since its inception in 2014 to invest in start-ups around the world. The Building Ventures portfolio includes companies like Barclays, which was acquired by the PaySafe Group for billion; Winklevoss Capital Management; and Zest Finance LLC, which has raised over 0 million since its inception as an online lending platform for small businesses in 2016

14. Hyperplane Venture Capital

Hyperplan Venture Capital is a Boston, MA-based venture capital firm. Founded in 2018, the company has raised 0 million in capital. Hyperplan focuses on early-stage businesses in the cybersecurity and enterprise software industries.

The firm has over 20 years of investment experience and has identified, funded and built some of the most successful companies in the world including: Snap Inc., Alibaba Group Holding Ltd., Paypal Inc. and VeriFone Systems Inc.

15. The E14 Fund

The E14 Fund is a venture capital firm that invests in early-stage technology companies. The fund was founded in 2015 as a spin-off from the Entrepreneurs Foundation (EF). The fund provides capital, operational assistance and mentorship to help entrepreneurs build successful businesses.

The E14 Fund focuses on investing in companies that build products or services for businesses (companies with over billion in annual revenue).

16. Sir one

Sr One is an early stage investment firm that makes seed, early stage and growth stage investments in life science companies. SR One manages a portfolio of over 70 companies in the United States and Europe. It has offices in Cambridge, MA; London; Munich; Amsterdam; and San Francisco.

The company invests in all stages of development, but it focuses on early-stage companies working at the intersection of hardware, software, mobile technologies and cloud computing with advanced data analytics to improve service delivery. health care.

Sr One also invests in healthcare service companies that address unmet needs in emerging markets or developed countries where costs are high or access to geography or socio-economic status

17. Underline VC

Underline VC is a Boston, Massachusetts-based venture capital firm. The firm was founded in 2014 by former managing director of Bain Capital and former senior vice president of Linkedin, Greg McAdoo. To date, the firm has raised over billion to invest in early-stage companies.

Conclusion

If you are looking to start your own business or are looking to fund an existing business, there are a number of venture capital firms in Massachusetts that can help. They have varying levels of experience and investment capacity – some focus on early-stage startups while others have more money to invest in later-stage ventures. However, no matter what stage your business is currently in, these venture capital firms will be able to provide guidance along the way.