Top 10 VC Funds in Massachusetts

Massachusetts is the 5th best place for startups, which is a big deal. It's super easy for new founders here, thanks to a great startup environment. Important investors are a big part of making it thrive. We looked at a bunch and made a list of the top 10 VC Funds in Massachusetts based on different metrics. Here it is:

1. General Catalyst

General Catalyst invests in new businesses and helps them grow. They work with great entrepreneurs in the tech industry, supporting companies like Airbnb, Stripe, and Warby Parker. General Catalyst has offices in San Francisco, Palo Alto, NYC, London, and Cambridge. They use their experience to help founders build successful companies worldwide.

Website: General Catalyst

Founding Year: 2000

Investment Range: $10M - $50M

Stage: Early - Growth

Sector: technology, healthcare, and consumer businesses

Investment Geography: Global

Notable Investments: Stripe, Canva, HubSpot, Airbnb, Snap, Gusto

Submit Pitch/ Contact: Link

2. Battery Ventures

Battery, founded in 1983, is a global investment firm with a strong focus on technology. Operating in the U.S., Europe, and Israel, Battery is known for collaborative and research-driven investments in early, growth, and buyout opportunities within the tech sector. Currently managing its 14th flagship fund, Battery Ventures XIV, and companion fund Select Fund II, the total capital amounts to $3.8 billion. With a history of raising over $13 billion since its inception, Battery's main areas of interest revolve around key technology domains.

Website: Battery Ventures

Founding Year: 1983

Investment Range: $500K - $35M

Stage: Debt, Early Stage Venture, Late Stage Venture, Private Equity, Seed

Sector: Application Software, IT Infrastructure Technologies, Consumer-internet and Mobile Services

Investment Geography: U.S., Europe, Israel

Notable Investments: 6 Sense, Affirm, Alogent, Angies list, Avalara, Bluejeans

Submit Pitch/ Contact: Link

3. Polaris Partners

Polaris Partners is a prominent venture capital firm founded in 1996 by Jon Flint, Terry McGuire, and Steve Arnold. It specializes in healthcare and biotechnology investments. With offices in Boston, New York, and San Francisco, the firm manages over $5 billion in committed capital through its tenth fund. Current managing partners include Brian Chee, Amy Schulman, and Darren Carroll. Polaris has two affiliated funds: the Growth Fund, led by Bryce Youngren and Dan Lombard, focuses on profitable, founder-owned tech companies, while the Innovation Fund, led by Amy Schulman and Ellie McGuire, targets the commercial and therapeutic potential of early-stage academic research.

Website: Polaris Partners

Founding Year: 1996

Investment Range: $15M - $25M

Stage: Early Stage Venture, Late Stage Venture, Seed

Sector: Healthcare, Technology, and Consumer Goods

Investment Geography: U.S.

Notable Investments: Phreesia, Phytel, Quartet, Simply Insured, Suneva Medical, Volastra

Submit Pitch/ Contact: partnership@polarispartners.com

4. Spark Capital

Spark Capital, a prominent US venture capital firm founded in 2005, specializes in early-stage funding for startups across consumer, commerce, FinTech, software, frontier, and media sectors. With offices in San Francisco, Boston, and New York City, it focuses on technology startups in media, entertainment, and mobile industries. Notable for collaborative information-sharing among partners, the firm, comprising approximately 11–50 employees, co-invests with Union Square Ventures and other notable firms. Spark Capital's portfolio companies, including Twitter, Tumblr, and Foursquare, avoid non-compete agreements, fostering startup growth in New York and Boston.

Website: Spark Capital

Founding Year: 2005

Investment Range: $1M - $100M

Stage: Seed, Series A, Series B, and beyond

Sector: Consumer, Enterprise, AI, Frontier Tech, Marketplaces, Fintech & Crypto

Investment Geography: Global

Notable Investments: Twitter, Slack, Oculus, Cruise, Affirm, Coinbase, Robinhood

Submit Pitch/ Contact: Link

5. Summit Partners

Founded in 1984, Summit Partners is a global investment firm dedicated to accelerating the growth of outstanding entrepreneurs. With a focus on technology, healthcare, and life sciences, Summit has invested in over 550 companies, facilitating 175 public equity offerings and 200 strategic mergers or sales. Notable portfolio companies include Acacia Communications, Avast, and Klaviyo. Currently managing $37 billion in capital, Summit boasts a team of over 100 investment professionals, providing the resources and expertise needed to drive sustainable growth for its partners.

Website: summitpartners.com

Founding Year: 1984

Investment Range: $10M - $500M

Stage: Growth Equity, Fixed Income, and Public Equity Opportunities

Sector: Technology, Healthcare, and other growth sectors

Investment Geography: Global (with a focus on North America and Europe)

Notable Investments: Uber, LinkedIn, McAfee, 360T, Darktrace, Avast

Submit Pitch/ Contact: Link

6. Highland Capital Partners

Established in 1987, Highland Capital Partners is an established venture capital firm prioritizing entrepreneurs. Operating from Boston and Menlo Park, they've garnered over $3 billion in committed capital. With investments in 270+ companies spanning consumer and enterprise technology, Highland has played a pivotal role in cultivating industry-defining enterprises. Noteworthy portfolio additions encompass Rent the Runway, 2U, Catalant, Harry’s, Malwarebytes, nuTonomy, Clearbanc, Scopely, ThredUP, and Turbonomic.

Website: Highland Capital Partners

Founding Year: 1987

Investment Range: $1M - $50M

Stage: Seed, Early, and Growth Stage

Sector: Consumer, Enterprise, Technology

Investment Geography: Boston, Massachusetts, Silicon Valley, San Francisco

Notable Investments: 2U, Auris Health, Bromium, Clearbanc, Everlywell, Gigamon, Imprivata LevelUp, Lululemon Athletica, Malwarebytes, Qihoo 360

Submit Pitch/ Contact: laurel@hcp.com

7. New Enterprise Associates

NEA is a seasoned investment partner fueling innovation for over four decades, managing around $25 billion in assets. Specializing in technology and healthcare, NEA supports companies from seed stage to IPO, contributing to over 270 IPOs and 450+ mergers and acquisitions. Beyond traditional investors, NEA boasts a diverse team of technologists, inventors, operators, physicians, researchers, and marketers. Their global fund fosters a collaborative culture, uniting diverse disciplines with a shared passion for groundbreaking solutions that shape the future.

Website: New Enterprise Associates

Founding Year: 1987

Investment Range: $1M - $50M

Stage: Seed, Early, Growth

Sector: Technology and Healthcare

Investment Geography: Global

Notable Investments: Workday, Groupon, Robinhood, Pinterest, Airbnb, WebMD, Fisker, Alkermes, TiVo, 3Com

Submit Pitch/ Contact: Link

8. Bain Capital Ventures

BCV, a venture capital arm of Bain Capital, empowers visionary founders in B2B software startups across Fintech, Commerce, Apps, and Infra. With a 20-year legacy and over $10B managed, BCV has catalyzed the success of 400+ companies like Docusign, LinkedIn, and Flywire. Operating from offices in San Francisco, Palo Alto, New York, and Boston, BCV invests from seed to growth. As part of Bain Capital with $160B global assets, BCV continues its impact, currently managing its tenth fund, Bain Capital Venture Fund X, a $1.4B investment pool.

Website: Bain Capital Ventures

Founding Year: 2001

Investment Range: $1M - $100M

Stage: Seed, Early, and Growth

Sector: Domain-focused, including machine intelligence, embedded fintech, next-gen data infrastructure, and B2B marketplaces

Investment Geography: North America, Europe, and Asia

Notable Investments: LinkedIn, SurveyMonkey, Rent the Runway, JetSmarter, Clarivate

Submit Pitch/ Contact: Link

9. Kleiner Perkins Caufield & Byers

Kleiner Perkins is a company that puts money into new and interesting businesses. They've been doing it for 50 years and have helped out big names like Amazon, Genentech, and Google. Right now, they're still investing in cool companies like Desktop Metal, IronNet, Ring, Spotify, Slack, and UiPath.

Website: Kleiner Perkins Caufield & Byers

Founding Year: 1972

Investment Range: $100M - $1B

Stage: Seed, Series A, Series B, Late

Sector: Diverse, including technology, healthcare, and more

Investment Geography: Global

Notable Investments: Amazon, Google, Twitter, Uber, Airbnb, Spotify

Submit Pitch/ Contact: Link

10. Accel Partners

Accel Ventures is a popular venture capital firm known for its early-stage investments. Most of their investments are for the tech sector. They have a global reach with a diverse sector focus. They support startups all over the world. They provide valuable guidance in go-to-market strategies and business scaling. Altogether, it makes them a very favorable partner for startups.

Website: Accel Partners

Founding Year: 1983 

Investment Range: $500k - $100M

Stage: Early - Late

Sector: Consumer Technology

Investment Geography: Global

Notable Investments: Flipkart, Bumble, Etsy, Dropbox, Deliveroo, Slack

Submit Pitch/ Contact: info@accel.com

Best of luck with your amazing ventures. 

Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.