Your Guide To Venture Capital Firms in Boston – 2023

We have compiled a list of the top venture capital firms in Boston, that you can reach out to in order to make it easier for you to raise the capital you need to take your business to the next level.

1.406 Ventures

• Industries: Financial Services, Impact Investing
• Investment Range: Undisclosed
• Investment Stage: Early Stage Venture, Late Stage Venture, Seed 
• Companies invested in: ThreatX, Nomad Health, Abacus Insights, Lynx, Equip Health, KSOC Labs, Promethium, Diana Health, Reltio, Wayspring

Providing capital and support for early-stage technology companies, .406 Ventures was founded in 2019 and has thus far raised over 853M USD across 6 funds.

Founded by Larry Begley, Liam Donohue, and Maria Cirino, .406 Ventures are a leading, first institutional investor in early-stage and de novo investments in market-changing IT Security and Infrastructure, Technology-Enabled Business Services, and Next-Generation Software companies.

Year Founded	2005
Company Size	1-10
Number of Investments	171
Number of Exits	31
Total Fund Raised	$853M
Number of Funds	6

2. ABS Ventures

• Industries: Financial services
• Investment Stage:  Early Stage Venture, Late Stage Venture, Private Equity 
• Companies invested in: Aushon BioSystems, Melinta Therapeutics, ClickSquared, Centric Software, Zilliant, Overtone, Wimba, EverBridge

Formed in 1982, ABS Ventures is a Boston-based venture capital firm backed by leading global institutional investors. Having raised a total of $845M across 7 funds and their latest fund ABS Ventures IX raised a total of $113M.

Over the years ABS Ventures has worked with management teams to build industry-leading companies in the software, communications, and healthcare sectors.

Year Founded	1982
Company Size	1-10
Number of Investments	86
Number of Exits	31
Total Fund Raised	$845M
Number of Funds	7

3. Ascent Venture Partners

• Investment Range: Undisclosed
• Investment Stage:  Early Stage Venture 
• Companies invested in: Connected2Fiber, RapidMiner, BestDoctor, empow, gr8 People, Sidecar

Backing over 110 companies since 1985, Ascent is a venture capital firm that invests in early-stage, emerging B2B technology companies.

Their most recent investment was in March 2021, when Connected2Fiber raised $12M. The company‘s most notable exits include Sidecar, Fidelis Cybersecurity, and Bizo.

Year Founded	1985
Company Size	1-10
Number of Investments	107
Number of Exits	45
Total Fund Raised	$407.8M
Number of Funds	4

4. Atlas Venture

• Industries: Biotechnology, Health Care, Pharmaceutical
• Investment Stage: Early Stage Venture, Late Stage Venture, Seed 
• Companies invested in: Disc Medicine, Remix Therapeutics, Sionna Therapeutics, Be Biopharma, Arkuda Therapeutics, Korro Bio, K36 Therapeutics, Curie Therapeutics

Atlas Venture creates and invests in biotech startup companies with seed and early-stage venture investments.

Spearheaded by Michiel de Haan, Atlas Venture has raised a total of 3.6B USD in funding over 10 rounds. 

Year Founded	1980
Company Size	11-50
Number of Investments	573
Number of Exits	173
Total Fund Raised	$3.6B
Number of Funds	10

5. Bain Capital Ventures

• Industries: Credit, Financial Services, Lending
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity 
• Companies invested in: Cuisine Solutions, Inc., Bubbles, TARC, Veza, Overview, Swoogo, Zero Hash, Origem, GreenLight Fund

Founded in 1984 in Boston, Massachusetts, Bain Capital is a multi-asset alternative investment firm with over $140 billion in assets under management. Bain Capital Ventures operates business units that create value through private equity, public equity, credit, and venture capital across multiple sectors and industries.

With 23 offices worldwide across 4 continents, the company founded by Coleman Mark, Eric Kriss, and Mitt Romney, employs a team of more than 1,200 individuals globally.

Year Founded	1984
Company Size	1001-5000
Number of Investments	126
Number of Exits	58
Total Fund Raised	$67.8B
Number of Funds	18

6. Battery Ventures

• Industries: Finance, FinTech
• Investment Range: Not disclosed
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity, Seed 
• Companies invested in: Bitwarden, Forterro, Vita Mojo, Front, Normalyze, LogRocket, Neuron7.ai, Cube, Vayyar, Ordr

Founded in 1983 by Rick Frisbie, Battery Ventures finances technology sector companies with venture capital, private equity, and debt financing investments.

Having raised a total of $17.7B across 17 funds, Battery Ventures’ latest fund raised a total of $3.3B.

Year Founded	1983
Company Size	11-50
Number of Investments	813
Number of Exits	199
Total Fund Raised	$17.7B
Number of Funds	17

7. Bessemer Venture Partners 

• Industries: Business Development, Finance, FinTech
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Late Stage Venture 
• Companies invested in: Portabl, Alloy, Lumachain, VendorPM, DriveNets, HiBob, Abridge, Oper, Innoviti

Bessemer Venture Partners is a venture capital firm established in 1911 by Henry Phipps that invests in enterprise, consumer, and healthcare early to late-stage startups.

Bessemer Venture Partners has raised a total of $9.7B across 12 funds, their latest being BessemerDAO. This fund was announced on Mar 10, 2022, and raised a total of $250M. 

Bessemer boasts a global portfolio that includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has $19 billion of assets under management.

Year Founded	1911
Company Size	101-250
Number of Investments	1272
Number of Exits	284
Total Fund Raised	$9.7B
Number of Funds	12

8. Boston Millennia Partners

• Industries: Financial Services, Health Care, IT, Pharmaceutical, SaaS
• Investment Range: Not disclosed
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity, Secondary Market
• Companies invested in: Atropos Health, KAID Health, Huma.AI, Reveleer, CareAlign, BEKHealth, Clinical Research IO, Turbine, SomaLogic, COTA Healthcare

Boston Millennia Partners was founded in 1984 by Dana Callow and it provides private equity financing to high-growth companies in the healthcare and business services industries.

Boston Millennia Partners has made 134 investments. Their most recent investment was in 2022 when Atropos Health raised $14M.

Year Founded	1984
Company Size	11-50
Number of Investments	134
Number of Exits	59
Total Fund Raised
Number of Funds

9. Braemar Energy Ventures

• Industries: Technology
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity, Seed 
• Companies invested in: Utilidata, LO3 Energy, Mentalenz, Getaround, ChargePoint, General Fusion, Voxel8, Enerkem

Braemar Energy Ventures is a VC firm founded in 2002 by Neil S. Suslak that focuses exclusively on technology and communications opportunities in the energy sector.

Braemar Energy Ventures has raised a total of $550M across 2 funds, their latest being Energy VC Fund III. This fund was announced on Jun 27, 2012, and raised a total of $300M.

Year Founded	2002
Company Size	11-50
Number of Investments	100
Number of Exits	17
Total Fund Raised	$550M
Number of Funds	2

10. Fletcher Spaght, Inc.

• Industries: Consulting, Consumer, IT, Medical
• Investment Range: Undisclosed
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture 
• Companies invested in: Cheetah Medical, HistoSonics, Swift Biosciences, CardioFocus, Metabolon, SurgiQuest

Founded in 1983 by John Fletcher and Linda Tufts, Fletcher Spaght, Inc. provides strategy and financial assistance to new ventures including start-ups.

Fletcher Spaght, Inc. has raised a total of $82.6M across 2 funds with their latest, Fletcher Spaght Ventures II raising a total of $52.3M in April 2008. 

Year Founded	1983
Company Size	101-250
Number of Investments	32
Number of Exits	10
Total Fund Raised	$82.6M
Number of Funds	2

11. HLM Venture Partners

• Industries: Health Care, IT, Medical Device
• Investment Range: Not disclosed
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture 
• Companies invested in: Tebra, CareBridge, mPulse Mobile, Wayspring, LetsGetChecked, CityLife Health

HLM Venture Partners is a venture capital firm founded in 1983 that invests in healthcare technology companies.

HLM Venture Partners has raised a total of $163.7M across 3 funds, their latest being HLM Venture Partners V.

Year Founded	1983
Company Size	11-50
Number of Investments	128
Number of Exits	45
Total Fund Raised	$163.7M
Number of Funds	3

  

12. Kepha Partners

• Industries: Advertising, Consumer, FinTech, SaaS, Security
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Late Stage Venture, Seed 
• Companies invested in: Mavrck, ClearGov, Kemvi, Apliant, VoltDB, Linkable Networks

Kepha Partners, founded in 2006 by Ed Hamilton and Jo Tango, has a back-to-basics approach focused on pre-seed, seed, and Series A companies.

Kepha Partners has raised a total of $85M in a single venture fund in 2012. The company seeks entrepreneurs who have disruptive ideas and know that they can do it better. They choose to work with people who would rather try and fail vs. not try at all.

Year Founded	2006
Company Size	1-10
Number of Investments	54
Number of Exits	18
Total Fund Raised	$85M
Number of Funds	1

13. LaunchPad Venture Group

• Industries: Technology
• Investment Range: Not disclosed
• Investment Stage: Seed, Series A, Series A+
• Companies invested in: Jaia Robotics, FreightFlows, Cyvl.ai, Zippity Cars, RaySecur, Pumpspotting, AQA, Karvi

Launchpad Venture is an angel investment group that launched in 2000, a project by Christopher Mirabile and Hambleton Lord and it provides funding to early-stage companies.

LaunchPad Venture has made 113 investments thus far and their most recent investment in 2022 for Jaia Robotics raised $1M.

Year Founded	2000
Company Size	101-250
Number of Investments	113
Number of Exits	22
Total Fund Raised
Number of Funds

14. MassVentures

• Industries: IT, Media & Entertainment, Security
• Investment Stage:  Early Stage Venture, Late Stage Venture, Seed 
• Companies invested in: Seaspire Skincare, PathMaker Neurosystems, Alacrity, Paerpay, Stata DX, Kytopen, Unstack

Founded by Charles Hipwood in 1978, MassVentures is a venture capital firm focused on supporting Massachusetts-based startups in their business ventures.

Funded by the US Department of Commerce, and Economic Development Administration, MassVentures has raised 1 Million USD in funding over 1 round in 2020 and a total of 40 Million USD across 5 funds overall.

MassVentures provides seed and early-stage venture funding to high-growth startups as they advance from concept to commercialization. 

Year Founded	1978
Company Size	11-50
Number of Investments	274
Number of Exits	68
Total Fund Raised	$1M
Number of Funds	1

15. Matrix Partners

• Industries: Computer Vision, Consumer, Enterprise, FinTech, Internet
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Seed 
• Companies invested in: Xterio, Carbonstop, 15Five, Repool, August Health, Courier, Footprint Analytics, Country Delight, Lightspark, KuCoin

Founded by Paul J. Ferri in 1977, Matrix Partners is a venture capital firm that focuses on seed and early-stage investments and has raised a total of $2.6B across 7 funds.

Some of the recent Matrix investments include Fivetran, Canva, Side, Afterpay, Markforged, CTRL-Labs, Oculus, Zendesk, Hubspot, Apollo GraphQL, Flock Safety, GOAT, Postmates, Acacia Communications, and Sila.

Year Founded	1977
Company Size	11-50
Number of Investments	628
Number of Exits	146
Total Fund Raised	$2.6B
Number of Funds	7

16. NextView Ventures

• Industries: Business Development, Consumer, Finance
• Investment Range: Not disclosed
• Investment Stage: Early Stage, Venture, Seed 
• Companies invested in: Zitara, Red Leader, Pebble Finance, Handspring Health, Flyp, HomePace, KarmaCheck, Tive, Waivr, New Era ADR

Founded in 2010 by David Beisel, Lee Hower, and Rob Go, NextView Ventures invests in companies that use technology to drive a brighter collective future and they have raised a total of $212.6M across 5 funds.

Year Founded	2010
Company Size	1-10
Number of Investments	210
Number of Exits	38
Total Fund Raised	$212.6M
Number of Funds	5

  

17. North Bridge Venture Partners

• Industries: Impact Investing, Media & Entertainment
• Investment Range: Not disclosed
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity, Seed 
• Companies invested in: Lyra Therapurics, CubicPV, SmartAsset, 24M Technologies, Nasuni, Couchbase

North Bridge founded in 1994 by Bill Geary, Doug Kingsley, Ed Anderson, Karen Keaney, Mike Pehl, and Richard D’Amore, provides seed-to-growth stage funding for businesses in several sectors such as software, communications, and infrastructure.

North Bridge Venture Partners & Growth Equity raised a total of $580M in a single venture fund, North Bridge Growth Equity II in 2013.

Year Founded	1994
Company Size	11-50
Number of Investments	419
Number of Exits	112
Total Fund Raised	$580M
Number of Funds	1

18. PJC

• Industries: AI, Consumer, Enterprise, FinTech, InsurTech
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Seed 
• Companies invested in: Openly, Flexpa, Synthesis AI, Dianthus, Dripos, Thunkable, VisuWell, Sagewell Financial, Punchlist, Machinery Partner

PJC is an early-stage venture capital firm founded in 2001 in Boston, Massachusetts by David Martirano, Gina Raimondo, and Sean Marsh. It has a focus on enterprise, consumer, and artificial intelligence.

PJC has raised a total of $305.3M across 5 funds, their latest being PJC Fund V. This fund was announced on Nov 9, 2020, and raised a total of $100M.

Year Founded	2001
Company Size	1-10
Number of Investments	117
Number of Exits	25
Total Fund Raised	$305.3M
Number of Funds	5

19. Polaris Partners

• Industries: Big Data, Biotechnology, Health Care, Financial Services
• Investment Stage:  Early Stage Venture, Late Stage Venture, Seed 
• Companies invested in: Auron Therapeutics, CAMP4 Therapeutics, Nomad Health, Scholar Rock, Tessa Therapeutics, Podimetrics, TRex Bio, Kallyope, Seismic Therapeutic, Dewpoint Therapeutics

Polaris Partners founded in 1996 in Boston, Massachusetts by Jon Flint, Mark Jacobson, Steve Arnolda, and Terrance McGuire invests in healthcare and technology companies across all stages from founding to profitable growth.

Polaris Partners has raised a total of $4.5B across 10 funds, their latest being Polaris Partners IX.

Year Founded	1996
Company Size	11-50
Number of Investments	658
Number of Exits	168
Total Fund Raised	$4.5B
Number of Funds	10

20. Saturn Partners

• Industries: IT
• Investment Range: $1 million to $3 million
• Investment Stage: Early Stage Venture 
• Companies invested in: Areteia Therapeutics, Third Pole, Iieldstreet, Trunomi, Kaleo Software, Alignable, Trunomi, Omaze, EKCS

Founded in 1994 by Jeffrey McCormick, Saturn Partners has raised a total of $94.5M across 3 funds. The company takes an active role in the formation and management of seed and early-stage technology companies.

Saturn Partners’ initial investments typically range from $1 million to $3 million, with reserve amounts varying based on each company’s expected future needs.

Year Founded	1994
Company Size	1-10
Number of Investments	23
Number of Exits	3
Total Fund Raised	$94.5M
Number of Funds	3

  

21. Sigma Prime Ventures

• Industries: Consumer, IT, Mobile, SaaS
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture 
• Companies invested in: BlueConic, Vestorly, Phenom, BlueConic, NS1, Ceros, NasuniSigma Prime Ventures invests in early-stage companies focused on SaaS, Cloud Mobile, and technology-enabled services.

Founded in 2012 by John Mandile and Paul Flanagan, Sigma Prime Ventures has raised a total of $115.6M in a single venture fund, Sigma Prime Fund I, which was announced in 2013.

The company invests in early-stage technology startups within the Boston, New York, and Atlanta areas that focus on SaaS, Cloud, Mobile, disruptive technologies, and technology-enabled service companies.

Year Founded	2012
Company Size	1-10
Number of Investments	72
Number of Exits	21
Total Fund Raised	$115.6M
Number of Funds	1

22. Spark Capital

• Industries: Consumer Software, Enterprise, FinTech, Hardware, Online Games
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Late Stage Venture, Seed 
• Companies invested in: ELISE, Superblocks, Afresh, X1 Card, Morpho Labs, Amie, Switchboard, Heyday, Medallion, The Red Village

Founded in 2005 by Alex Finkelstein, Bijan Sabet, Paul Conway, Santo Politi, and Todd Dagres, Spark Capital is a venture capital firm that invests in the consumer, commerce, FinTech, software, frontier, and media sectors.

The company has raised a total of $3.8B across 10 funds and their latest fund, Spark Capital Growth Founders’ Fund III in 2020 raised a total of $9.3M.

Year Founded	2005
Company Size	11-50
Number of Investments	509
Number of Exits	90
Total Fund Raised	$3.8B
Number of Funds	10

23. SV Health Investors

• Industries: Biotechnology, Healthcare, Medical Devices
• Investment Range: $500K – $2.5M
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture 
• Companies invested in: Ria Health, Victoria Biotherapeutics, TRex Bio, Rondo Therapeutics, Eyebiotech, Perfuze, Quell Therapeutics

SV Health Investors is a Boston-based venture capital firm that was founded in 1993 by Houman Ashrafian and is focused on investments in biotechnology and the healthcare industry.

Formerly known as SV Life Sciences, the company is a leading healthcare and life sciences venture capital and growth equity firm. SV Health Investors has raised a total of 2.2 Billion USD across 7 funds with their latest being SV7 Growth Fund.

Year Founded	1993
Company Size	101-250
Number of Investments	296
Number of Exits	81
Total Fund Raised	$2.2B
Number of Funds	7

24. Third Rock Ventures

• Industries: Biotechnology, Health Care, Medical Devices
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Late Stage Venture, Private Equity, Seed 
• Companies invested in: Terremoto Biosciences, MOMA Therapeutics, Celsius Therapeutics, Septerna, Ambys Medicines, Cedilla Therapeutics, Asher Bio, Abata Therapeutics, Flare Therapeutics, Asher Bio

Third Rock Ventures invests in transformational life science companies that show high growth potential in Boston.

The company founded in 2007 by Kevin Starr, Mark Levin, and Robert Tepper, has raised a total of $3.4B across 5 funds, the latest being Third Rock Ventures Fund VI. This fund was announced in 2022, and raised a total of $1.1B.

Year Founded	2007
Company Size	11-50
Number of Investments	123
Number of Exits	34
Total Fund Raised	$3.4B
Number of Funds	5

25. Underscore VC

• Industries: Financial Services, IT
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Seed 
• Companies invested in: Kaiko, Kard, Luminai, Clockwork, Apploi, Dianthus, Goldcast, 3Box, Wonderment, Herald

Underscore VC is a Boston-based venture capital firm founded in 2015 by  C.A. Webb, John Pearce, Michael Skok, and Richard F. Dulude backing entrepreneurs from Seed to Series A.

Underscore VC has raised a total of $225M across 2 funds, the latest being Underscore VC Fund II. This fund was announced on Dec 19, 2018, and raised a total of $140M. Their investment focus is on cloud intelligence and the technology sector. 

Year Founded	2015
Company Size	11-50
Number of Investments	70
Number of Exits	6
Total Fund Raised	$225M
Number of Funds	2

  

26. Summit Partners

• Industries: Financial Services, Business Development
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Grant, Late Stage Venture, Private Equity, Seed 
• Companies invested in: PriceLabs, TextExpander, Halborn, Odoo, Foxen, Veranex, Mavrck, 48forty, Akeneo, ConstructSecure

Summit Partners was founded in 1984 in Boston, Massachusetts and it is an investment firm that is currently investing in growth equity, fixed income, and public equity opportunities. Summit has invested in more than 460 companies in technology, healthcare, life sciences, and other growth industries.

Year Founded	1984
Company Size	251-500
Number of Investments	422
Number of Exits	260
Total Fund Raised	$35.8B
Number of Funds	24