Where is Matrix's headquarters located?

Matrix's headquarters is located in San Francisco (United States).

How big is Matrix's investment team?

Matrix has a team of 38, including 22 partners.

How many companies has Matrix invested in?

Matrix has invested in 397 companies, including Canva & HubSpot.

Which companies has Matrix invested in lately?

Cosmos & Lemon Slice are the latest investments by Matrix.

What sectors does Matrix focus on for investments?

Top sectors in Matrix's portfolio are Enterprise Applications (174 investments) and High Tech (58 investments).

What stages of companies does Matrix typically invest in?

Matrix primarily invests in Series A and Series B stages.

How many exits has Matrix been involved in?

Matrix's portfolio has seen 26 IPOs and 167 acquisitions.

How many unicorns are there in Matrix's portfolio?

There are 16 unicorns in Matrix's portfolio.

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Matrix is a venture capital firm founded in 1977. It is primarily based out of San Francisco, United States. As of Jan 2026, Matrix is an active investor, having invested in 397 companies, with 13 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series A round of Cosmos Overall, Matrix portfolio has seen 16 unicorns, 26 IPOs and 167 acquisitions including key companies like HubSpot, Apple and Sports. A lot of funds co-invest with Matrix, with names like North Bridge Venture Partners sharing a substantial percentage of its portfolio. Matrix has team of 38 people including 22 partners.

Key Metrics

Team Members

David Skok, Antonio Rodriguez & 36 more

Portfolio Count

Canva, HubSpot & 397 more

Portfolio Sectors

Enterprise Applications, High Tech & 37 more

Portfolio Locations

United States, China & 16 more

Rounds of Entry

Series A, Series B & 8 more

Portfolio IPOs

SanDisk, Omentel & 24 more

Portfolio Acquisitions

Nubis, Aluna & 165 more

Portfolio Unicorns

Luma AI, Lightmatter & 14 more

Portfolio Soonicorns

Country Delight, Finnable & 34 more

Deals in last 12 months

Cosmos, Lemon Slice & 19 more

View Matrix's full profile

Matrix has a portfolio of 397 companies, including 16 unicorns. Their most notable investments are in Educative and TokenInsight.Their portfolio spans across United States, China, India and 15 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 36 other sectors, across stages such as Series A, Series B and 8 more. Here is the list of top investments by Matrix:

1. Canva

Cloud-based collaborative design platform. It enables users to create various digital content, including social media posts, presentations, and videos, through its drag-and-drop editor. The platform provides access to thousands of templates, photos, and fonts, and offers AI-powered tools for users to enhance design abilities. It allows users to edit images for presentations, invitations, posters, flyers, business cards, and more. The platform offers pre-designed templates and effects. It also provides a stock library of photographs, illustrations, and images.

Key facts about Canva

Founded Year: 2012
Location: Surry Hills (Australia)
Valuation: $*****
Stage: Series F
Total Funding till date: $589M
Employee Count: 10,809 as on Dec 03, 2025
Investors: T. Rowe Price, Premji Invest and 52 Others
Latest Funding Round: Series F, May 01, 2024, $*****
Highlight: Editors' Pick

2. HubSpot

Provider of a platform offering marketing, sales, and customer service software. The platform provides tools for marketing automation, sales management, and customer support. It offers an CRM as its core, integrating various hubs such as Marketing Hub, Sales Hub, Service Hub, CMS Hub, Operations Hub, and Commerce Hub, each providing specialized tools to enhance different aspects of customer management and business operations. Key features include a robust CRM supporting contact and deal management, email tracking, marketing email creation, and meeting scheduling.

Key facts about HubSpot

Founded Year: 2005
Location: Cambridge (United States)
Stage: Public
Total Funding till date: $101M
Employee Count: 11,687 as on Dec 19, 2025
Investors: Cross Creek, Google Ventures and 22 Others
Latest Funding Round: Post IPO, Jun 02, 2020, $*****
Highlight: Public

3. Apple

Developer of consumer electronics, computer software, and online digital distribution. The company offers a range of products, including smartphones, tablets, computers, and wearable technology. It also provides various software applications and digital content services. These services include streaming music, video, and other forms of digital entertainment.

Key facts about Apple

Founded Year: 1976
Location: United States
Annual Revenue: $391B as on Sep 28, 2024
Stage: Public
Employee Count: 164,760 as on Oct 01, 2025
Investors: Berkshire Hathaway, Black Capital Investments and 36 Others
Latest Funding Round: Post IPO, Dec 25, 2020, $*****
Highlight: Public

4. Didi

AI-enabled platform for ride-hailing and on-demand services. The platform enables various services for ride-hailing, food delivery, bike-sharing, payment solutions, and more. It also offers various solutions including autonomous driving, traffic management, driver safety management, and more.

Key facts about Didi

Founded Year: 2012
Location: Haidian (China)
Stage: Public
Total Funding till date: $20.8B
Employee Count: 29,795 as on Nov 29, 2025
Investors: Silver Lake, Odenn Ventures and 97 Others
Latest Funding Round: Post IPO, Oct 12, 2023, $*****
Highlight: Public

5. KuCoin

Cryptocurrency exchange and trading platform. It enables users to buy, sell, and trade digital assets including Bitcoin, Ethereum, Litecoin, Ripple, and more. It provides APIs, market analysis charts, insights, current pricing lists as assistance to the trader, and more. It offers multiple features, including futures trading, a built-in P2P exchange, purchasing cryptocurrencies with a credit or debit card, and exchange services.

Key facts about KuCoin

Founded Year: 2017
Location: Mahe (Seychelles)
Valuation: $*****
Stage: Series A
Total Funding till date: $180M
Employee Count: 1,034 as on Dec 16, 2025
Investors: SIG, Cardinal and 11 Others
Latest Funding Round: Series A, Jul 21, 2022, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Matrix has invested in 399 companies over the last 34 years, with an average of 15 new investments annually in the last 10 years. In 2025, it made 22 investments, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Cosmos and most recent follow-on round was in Luma AI.

Here are Matrix's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	14	8	22
2024	12	2	14
2023	8	3	11
2022	27	7	34
2021	16	12	28
2020	16	8	24
2019	10	9	19
2018	19	14	33
2017	16	13	29

View all investments by Matrix

Matrix has made 129 investments in Series A stage with an average round size of $12.1M, 79 investments in Series B stage with an average round size of $22.7M and 55 investments in Seed stage with an average round size of $3.99M.

Here are Matrix's investments by stage:

Stage of entry	No. of Investments
Series A	129
Series B	79
Seed	55
Series C	32
Series D	5
Others	10

Note: We have considered here, only first round of investments

View all investments by Matrix

Matrix has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, High Tech and FinTech. Notably, it has invested in 334 Tech companies, 282 Enterprise (B2B) companies, 208 Software companies and at least 110 companies focusing on Consumer (B2C).

Here are Matrix's investments by sector:

Sector	No. of Investments
Enterprise Applications	150
Consumer	66
Enterprise Infrastructure	63
High Tech	52
FinTech	39
Others	307

Note: We have considered here, only first round of investments

View all investments by Matrix

Matrix has made most investments in United States (228), followed by China where it has made 37 investments.

Here are Matrix's investments by geography:

Country	No. of Investments
United States	228
China	37
India	14
Canada	6
United Kingdom	5
Others	18

Note: We have considered here, only first round of investments

View all investments by Matrix

Matrix has made 1 investments in 2026 so far - Cosmos.

Here are the most recent investments by Matrix:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jan 21, 2026	Cosmos	United States	Series A	N8	Shine Capital [+4]
Dec 23, 2025	Lemon Slice	-	Seed	2396	Y Combinator [+3]
Dec 06, 2025	Bold Voice	United States	Series A	9437	Flybridge Capital Partners [+5]
Dec 04, 2025	Cortex AI	United States	Seed	8229	500 Global [+5]
Nov 28, 2025	WorkQuest	Estonia	Seed	3436	Black Dragon Capital [+6]

See more recent investments made by Matrix

Matrix has 16 unicorns in its portfolio - Luma AI, Lightmatter, Mashgin and others. The most recent unicorn in their portfolio is Luma AI. It became a unicorn in 2025, 4 years after Matrix first invested in it.

Here is a list of unicorns in Matrix's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
62	Luma AI	Provider of AI-enabled photorealistic 3D capturing technology for e-commerce	2021	High Tech [+2]	San Francisco	Series C	hbexgch
65	Lightmatter	Developer of photonic interconnects and co-packaged optics for AI infrastructure	2017	Semiconductors [+2]	Boston	Series D	dqfh{jg
62	Mashgin	Provider of computer-vision based self-checkout solutions for offline retailers	2013	Food and Agriculture Tech [+2]	Palo Alto	Series B	zvmiecl
61	Salsify	Product content management and syndication platform for businesses	2012	Retail [+3]	Boston	Series F	nadxfbd
63	CloudBees	Provider of software delivery platform for continuous integration and continuous delivery	2010	Enterprise Infrastructure [+1]	San Jose	Series F	gghnoii

View more details about unicorns in Matrix's portfolio

26 of Matrix's portfolio companies have become public. SanDisk got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Feb 2025 and Omentel got listed on the Tokyo Stock Exchange (TSE).

Here are Matrix's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
SanDisk	Feb 24, 2025	-	-	2859
Omentel	Dec 23, 2024	-	-	3314
Tigo	Aug 10, 2021	Jun 01, 2008	Series A	5482
Didi	Jun 30, 2021	-	-	6937
Xiaopeng	Aug 31, 2020	Nov 12, 2019	Series C	3962

View more details about public companies in Matrix's portfolio

167 companies from Matrix's portfolio have been acquired. The most recent acquisition were Nubis in Sep 2025 by Ciena.

Here are Matrix's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Nubis	Sep 22, 2025	Feb 22, 2023	Series C	9075
Aluna	May 16, 2025	Jan 31, 2023	Series B	5017
Emerge	May 06, 2025	Nov 03, 2021	Seed	9022
Hashboard	May 01, 2025	-	-	1109
Mark Forged	Apr 28, 2025	2013	Seed	9683

View all acquired companies in Matrix's portfolio

Matrix has a team of 38 members including 22 Partners, 2 Venture Partners and 6 Principals located in China, United States and 1 more location. Matrix's team sits on the board of 6 companies.

Here is a list of top team members in Matrix:

Name	Designation	Location	Board Memberships	Contact details
David Skok	Partner	Waltham	The Logic	2 Emails
Antonio Rodriguez	Partner	Cambridge	Owl Labs	2 Emails
Ilya Sukhar	Partner	San Francisco	Flock Safety	3 Emails
TJ Parker	Partner	Park City	-	1 Email
Dana StalderUwin	Partner	San Francisco	Apartment List and Side	2 Emails
Stan Reiss	Partner	Waltham	-	2 Emails
Andrew Verhalen	Partner	Palo Alto	Panzura	2 Emails
David Su	Partner	Shanghai	-	2 Emails
David Zhang	Partner	Beijing	-	2 Emails
Min Xiao	Partner	Chaoyang	-	1 Email
Kevin Xiong	Partner	Chaoyang	-	1 Email

View team details of Matrix

Over the past 34 years, 1848 investors have co-invested in Matrix's portfolio companies. This includes funds and angels.

Invested before Matrix: Y Combinator, Matrix Partners China and 488 others have invested in rounds before Matrix. There are 23 companies where Y Combinator has invested before Matrix and 10 companies where Matrix Partners China has invested before Matrix.
Top Co-investors of Matrix: 613 investors entered a company along with Matrix. These include investors like North Bridge Venture Partners (27 companies).
Invested after Matrix: A total of 745 investors have invested in Matrix's portfolio after their investments. Top Investors include Google Ventures (10 companies), Matrix Partners China (9 companies) and Goldman Sachs (7 companies).