6 Best Venture Capital (VC) Firms in Boston
If you’re on the hunt for the right venture capital to kickstart or boost your Boston-based startup, this article zeroes in on the top VC firms in Boston.
We’re spotlighting six standout venture capital firms in Boston with a track record of backing successful startups. These firms aren’t just about funding; they like to forge partnerships that nurture growth and innovation. Whether you’re tech-focused or disrupting other sectors, these Boston VCs could be the game-changers you need.
So, let’s get started and find you the right VC partner for your startup.
- Accomplice
Accomplice is a VC firm and a contemporary family office co-founded by Jeff Fagnan and Ryan Moore. It’s known for having a patient investment approach. Accomplice typically engages in deals ranging from 10 to 50 million dollars and focuses on startups valued between 100 to 500 million dollars. It has a strong track record, having been part of the story of several successful companies such as AngelList and Klaviyo.
Headquarters: USA
Investment Geography: USA, Canada, Israel, UK, India, Japan, Singapore, Switzerland, Brazil, Liechtenstein, Portugal, Germany
Operating since: 2015
Investment Focus: B2B Software, Enterprise SaaS, Cyber Security, eSports, Gaming, Data Analytics, Emerging Hardware Platforms, AR/VR, Robotics, Marketplaces, Consumer Tech
Stages: Seed, Series A
Number of investments: 366
Number of exits: 112
Check size: $ 10m – $50m
Notable investments: Klaviyo, Patreon, Angellist
Founders/Key People: Jeff Fagnan, Ryan Moore
Website: http://www.accomplice.co/
- Advancit Capital
Advancit Capital is a venture capital firm focusing on investments in media, technology, and web3 startups. They aim to form long-term partnerships with entrepreneurs, offering not only capital but also access to a network and strategic support. Typically, their investments range between $5 and $10 million for startups valued at $50 to $100 million. Annually, they’re involved in about 7 to 12 investment rounds.
Headquarters: USA
Investment Geography: USA, UK, Italy, Canada, Germany, France, Sweden, Argentina
Operating since: 2011
Stages: Seed, Series A, Series B
Investment Focus: Media/Entertainment/Technology/Web 3 (Gaming, eSports, SportsTech, Content, Digital Media, Creative AI, SaaS/Software, FinTech, B2B, B2C)
Number of investments: 154
Number of exits: 68
Check size: $5-10m
Notable investments: Masterclass, Thrive Global, Mux
Founders/Key People: Jonathan Miller, Jason Ostheimer
Website: https://www.advancitcapital.com
- Bain Capital Ventures
Bain Capital Ventures is a multi-stage, domain-focused venture fund. The firm has over $10 billion in assets under management. It brings over 30 years of experience to the table, leveraging this expertise and a global network to support the growth of its portfolio companies. The firm’s investment approach recognizes and focuses on entrepreneurs who are deep thinkers and tenacious builders. Bain Capital Ventures primarily targets seed to growth-stage startups that use technology to disrupt existing markets or create new ones.
Headquarters: USA
Investment Geography: USA, UK, Canada, Germany, Israel, France, India, China, Lithuania, Netherlands, Spain, Denmark, Finland, Brazil, Japan, Mexico, Italy
Operating since: 1984
Stages: Seed, Series A, Series B, Series C
Investment Focus: SaaS, Data Services, Infrastructure Software, CyberSecurity, FinTech, HealthCare, CommerceTech, ConsumerTech
Number of investments: 767
Number of exits: 231
Check size: $1m – $100m
Notable investments: Redis, LinkedIn
Founders/Key People: Ajay Agarwal, Zeeza Cole
Website: https://www.baincapitalventures.com
- Battery Ventures
Battery Ventures is a global, tech-focused investment firm. The firm has offices in the U.S., Europe, and Israel, and it practices a collaborative, research-focused style of investing. Battery Ventures has a broad portfolio with a history of more than 1,300 investments and over 500 exits. In terms of investment size, Battery Ventures has a wide range of check sizes, indicating a flexible investment strategy. Their check sizes range from $100K to as high as $50M. This range allows Battery Ventures to support startups at different growth phases and in various tech sectors.
Headquarters: USA
Investment Geography: USA, UK, Canada, Israel, Germany, France, India, Netherlands, Switzerland, Australia, Sweden, Ireland, Portugal, Malaysia, Belgium, Morocco, Singapore, Italy, Chile, Brazil, China, South Korea
Operating since: 1983
Stages: Seed, Series A, Series B, Series C
Investment Focus: Business Software, Enterprise IT, Cloud Computing, AI, Cyber Security, Online Marketplaces, Financial Technology, Health Care IT, Industrial Technology
Number of investments: 1384
Number of exits: 528
Check size: $100k – $50m
Notable investments: Amplitude, Coinbase
Founders/Key People: Morad Elhafed, Dharmesh Thakker
Website: https://www.battery.com
- MassMutual Ventures (CVC)
MassMutual Ventures (MMV) is a multi-stage global venture capital firm founded in 2014 as a venture capital arm of MassMutual Financial Group. Headquartered in Boston, Massachusetts, MMV specializes in investments across various domains, including enterprise software, cybersecurity, financial technology, digital health, and climate technology companies. The firm plays an active role in the growth of the companies it invests in by providing capital, connections, and strategic advice.
Headquarters: USA
Investment Geography: United States, Singapore, India, United Kingdom, Israel, Canada, Austria, Australia, Indonesia, Hong Kong, Hungary, France.
Operating since: 2014.
Investment Focus: B2B Enterprise Software,Cyber Security,FinTech,Digital Health.
Stages: Pre-seed, Seed, Post-Seed, Series A, Series B+.
Number of investments: 127
Number of exits: 16
Check size: $100K – $5M
Notable investments: RiskIQ, Nydig
Founders/Key People: Eric Emmons, Mark Goodman
Website: https://massmutualventures.com/
- Mendoza Ventures
Mendoza Ventures, established in 2016, is a venture capital firm based in Boston, Massachusetts, specializing in early and growth-stage investments. The firm is particularly focused on Fintech, AI, and Cybersecurity sectors. Mendoza Ventures stands out for its actively managed approach to venture capital, investing in areas where the team has substantial domain expertise.
Headquarters: USA
Investment Geography: USA, UK, Canada.
Operating since: 2016.
Investment Focus: AI,FinTech,Cyber Security,Blockchain,SaaS,E-commerce.
Stage: Pre-Seed, Seed, Post-Seed, Series A.
Number of investments: 15
Number of exits: 2
Check size: $100K – $5M
Notable investments: SensoAI, FiVerity
Founders/Key People: Susana Hirs, Adrian Mendoza
Website: https://mendoza-ventures.com
Conclusion
That’s a wrap on your tour of Boston’s finest in venture capital. These six top VC firms in Boston are more than just funding partners; they’re catalysts for turning bold ideas into market realities.
As you take the next steps with your startup, consider these firms not just for their financial backing but for their expertise, connections, and commitment to growth. Remember, the right VC partner is out there, one that aligns with your vision and is as excited about your success as you are.
