Founded in 1978, MassVentures is one of the oldest and longest running venture capital firms in the world. We provide equity financing to early stage startups and grant funding to SBIR/STTR Phase II funded entities located in Massachusetts. We reinvest the profits from our venture investments as an evergreen fund and align with entrepreneurs for long term success.
We provide grant capital to Massachusetts companies that have earned SBIR phase II grants
MassVentures is a quasi-public entity created by Massachusetts state charter in 1978
MassVentures has invested in over 150 companies over 40 years that currently employ over 7600 people in Massachusetts and more than 10% have gone public.
START companies have received $22.1 million in grants from MassVentures since 2012, raised over $1.5 billion in outside capital, and employ over 2500 people in Massachusetts.
21 Companies in the current MassVentures' venture portfolio today that have raised over $600 million in the last 5 years and employ over 3000 people in Massachusetts.
“MassVentures is building a collaborative ecosystem of entrepreneurs in Boston and beyond. Each of our success is made more likely with the success of others in our community. Armored Things is proud to be a part of this group!”
Julie Johnson
Founder and CEO, Armored Things
“We’ve worked closely with the companies that go through the MassVentures program. We found that those companies are at a critical stage for growth and MassVentures is one of the very few resources that can help transition those companies.”
Marie Meslin
Director, The Capital Network
MassVentures conducted a survey of the innovation economy in Massachusetts in late 2018. The innovation economy is improving, but gaps remain for first time founders, underrepresented entrepreneurs, and companies based outside Rt. 128
MachineMetrics, which equips factories with the digital tools needed to increase productivity and win more business, announced Tuesday it has raised $11.3 million in Series A financing.
As we wrap up a successful fiscal year, we want to share some of what we're doing to help companies thrive here in Massachusetts.
We are casting a wide net to land a talented person who can help with deal sourcing, deal underwriting, and representing MassVentures well in the innovation ecosystem.
