About MassVentures
MassVentures is a venture capital firm founded in 1978. It is primarily based out of Boston, United States. As of Aug 2024, MassVentures is an active investor, having invested in 156 companies, with 3 new investments in the last 12 months. It primarily invests in Grant (prize money) round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it led the $5M Series A round of AeroShield along with MassMutual Ventures. This round also saw participation from MassCEC.
Overall, MassVentures portfolio has seen 3 IPOs and 56 acquisitions including key companies like Kronos, Applause and . A lot of funds co-invest with MassVentures, with names like LRVHealth sharing a substantial percentage of its portfolio.
MassVentures has team of 8 people including 4 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Grant (prize money), Seed &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
MassVentures' Year-on-Year Investment Trends
MassVentures has invested in 156 companies over the last 25 years, with an average of 5 new investments annually in the last 10 years. In 2024, it made 6 investments. Its most recent first time investment was in Feon Energy and most recent follow-on round was in Adden Energy.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 4 | 2 | 6 |
2023 | 3 | 1 | 4 |
2022 | 7 | 2 | 9 |
2021 | 1 | 1 | 2 |
2020 | 0 | 2 | 2 |
2019 | 4 | 0 | 4 |
2018 | 5 | 2 | 7 |
2017 | 13 | 1 | 14 |
2016 | 4 | 2 | 6 |

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MassVentures' Investment Trends by Stage
MassVentures has made 38 investments in Grant (prize money) stage with an average round size of $270K, 18 investments in Seed stage with an average round size of $3.3M and 11 investments in Series A stage with an average round size of $3.07M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Grant (prize money) | 38 |
Seed | 18 |
Series A | 11 |
Series B | 6 |
Series C | 2 |
Others | 2 |
MassVentures' Investment Trends by Sector
MassVentures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Energy Tech, Sustainability Tech and Environment Tech. Notably, it has invested in 102 Enterprise (B2B) companies, 94 Tech companies, 31 Software companies and at least 22 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
High Tech | 29 |
Enterprise Applications | 21 |
Energy Tech | 9 |
Sustainability Tech | 9 |
Environment Tech | 8 |
Others | 80 |
MassVentures' Investment Trends by Geography
MassVentures has made most investments in United States (111), followed by Denmark where it has made 2 investments.
MassVentures' recent investments
Here are the most recent investments by MassVentures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Aug 30, 2024 | United States | Series A | $15M | At One Ventures [+2] | |
Jul 29, 2024 | United States | Series A | $5M | MassCEC [+1] | |
Jun 27, 2024 | United States | Seed | $6.1M | ||
May 22, 2024 | United States | Grant (prize money) | $200K | - | |
May 16, 2024 | United States | Series B | $19M | Holcim [+8] |
IPOs and Publicly Listed companies in MassVentures' Portfolio
Here are MassVentures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Sep 17, 2021 | - | - | - | |
Jul 26, 2011 | - | - | - | |
Jul 29, 1985 | - | - | - |
Acquired companies in MassVentures' Portfolio
Here are MassVentures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Jul 10, 2024 | Nov 24, 2015 | Series A | Undisclosed | |
Jun 04, 2024 | Jul 22, 2018 | Grant (prize money) | $100K | |
May 02, 2024 | Jun 19, 2015 | Seed | $1.7M | |
Sep 21, 2023 | - | - | - | |
Sep 20, 2023 | Jun 26, 2013 | Grant (prize money) | $100K |
Team profile of MassVentures
MassVentures has a team of 8 membersÌýincluding 4 Partners and 3 PrincipalsÌýlocated in United States. MassVentures' team does not sit on the board of any company as of now.Here is a list of all team members in MassVentures:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | Boston | - | - | |
Partner | Weston | - | , | |
Partner | Boston | - | - | |
Partner | Boston | - | - | |
Principal | Boston | - | - | |
Principal | Boston | - | - | |
Principal | Boston | - | - |
Co-investors of MassVentures
Over the past 25 years, 252 investors have co-invested in MassVentures's portfolio companies.
- Invested before MassVentures:ÌýNational Science Foundation, America’s Seed Fund and 69 others have invested in rounds before MassVentures. There are 13 companies where National Science Foundation has invested before MassVentures and 10 companies where America’s Seed Fund has invested before MassVentures.
- Top Co-investors of MassVentures:Ìý96 investors entered a company along with MassVentures. These include investors like LRVHealth (3 companies).
- Invested after MassVentures:ÌýA total of 85 investors have invested in MassVentures's portfolio after their investments. Top Investors include HHS (3 companies), Longworth Venture Partners (2 companies) and Egan-Managed Capital (2 companies).

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Recent News related to MassVentures
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Business Wire•Oct 23, 2024•Adden Energy, One Ventures, Primavera, Rhapsody Venture Partners and 2 others
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PR Newswire•Jun 27, 2024•Feon Energy, Fine Structure Ventures, Eight Roads Ventures, Foothill Ventures and 4 others
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