MassVentures

MassVentures meets critical capital needs in the Massachusetts innovation economy, providing seed and early-stage venture funding to high growth startups as they move from concept to commercialization. The Boston-based venture firm was formed in 1978 as a quasi-public corporation by the Legislature of the Commonwealth of Massachusetts, governed by an independent Board of Directors, and managed by experienced venture capitalists. Leveraging the entrepreneurial spirit, educated workforce, and centers of innovation in Massachusetts, MassVentures has a track record of success with early-stage ventures.

Charlie Hipwood

President and CEO

Charles Hipwood

Founder President and CEO

Vinit Nijhawan

Managing Director

Nicholas A. Pappas

Vice President

Stacy Swider

Vice President, Investments

Priya Yadav

Vice President, Investments

Past deals in Boston, MA

AmberGen

Grant in 2023
AmberGen, Inc. is a privately-held company based in the Boston area, established in 1995 to commercialize innovative photonic technology originally developed at Boston University. The company focuses on advancing therapeutics and diagnostics by addressing significant challenges in medicine. AmberGen employs patented techniques in proteomics and utilizes light-based control of biomolecules to create photocleavable linkers and protein engineering reagents. Its services encompass drug discovery, the development of high-throughput multiplex immuno-diagnostic assays, and mass spectrometric imaging for advanced tissue and array scanning. These innovations enable medical practitioners to detect diseases at earlier stages, thereby enhancing diagnostic capabilities and improving patient outcomes.

Spiro.AI

Seed Round in 2020
Spiro is a proactive relationship management platform that creates contacts, organizes, and prioritizes opportunities. It provides managers with intelligent sales reports that help turn their sales team into a sales machine. The company was founded in 2014 and headquartered in Boston, Massachusetts.

Spiro.AI

Seed Round in 2019
Spiro is a proactive relationship management platform that creates contacts, organizes, and prioritizes opportunities. It provides managers with intelligent sales reports that help turn their sales team into a sales machine. The company was founded in 2014 and headquartered in Boston, Massachusetts.

Spiro.AI

Seed Round in 2018
Spiro is a proactive relationship management platform that creates contacts, organizes, and prioritizes opportunities. It provides managers with intelligent sales reports that help turn their sales team into a sales machine. The company was founded in 2014 and headquartered in Boston, Massachusetts.

Fairmarkit

Pre Seed Round in 2018
Fairmarkit, Inc. is a Boston-based company that specializes in developing a Software-as-a-Service (SaaS) platform for tail spend management. Its platform is designed to automate the sourcing process, enabling procurement teams to operate more efficiently and save money on small to medium-sized purchases. By utilizing machine learning, Fairmarkit analyzes unstructured tail spend data to identify risks, trends, and pricing benchmarks, thereby streamlining the procurement process. The platform facilitates competitive bidding through automated requests for quotations (RFQs) and provides vendor recommendations, while centralizing historical data for better decision-making. Serving a diverse range of industries, Fairmarkit's technology aims to transform the purchasing landscape and enhance the effectiveness of procurement departments. Founded in 2017, the company positions itself as a key player in improving procurement practices across various sectors.

Spiro.AI

Seed Round in 2017
Spiro is a proactive relationship management platform that creates contacts, organizes, and prioritizes opportunities. It provides managers with intelligent sales reports that help turn their sales team into a sales machine. The company was founded in 2014 and headquartered in Boston, Massachusetts.

Curoverse

Seed Round in 2013
Curoverse, Inc. is a Boston-based company that specializes in a cloud-based open-source platform called Arvados, which is dedicated to the storage, organization, analysis, and sharing of genomic and biomedical data. Originally incorporated as Clinical Future, Inc. in 2010, the company rebranded in December 2013. Curoverse's platform is designed to meet the specific needs of genomic data management and computation, allowing scientists and clinicians to securely access and handle patient-level genomic and health data. This capability supports initiatives in drug development and precision medicine, enabling the analysis and sharing of large biomedical datasets, including genomics and imaging. As of August 2017, Curoverse operates as a subsidiary of Veritas Genetics International Ltd.

Artaic

Grant in 2013
Artaic, LLC is a Boston-based company that specializes in designing and fabricating custom tile work for both commercial and residential markets. Founded in 2007 by Ted Acworth, Artaic focuses on innovative mosaics that enhance the architecture and interior design sectors. Utilizing advanced technology, including computer-aided design software and a robotic mosaic assembly system, the company offers a wide range of applications, such as bathroom backsplashes, flooring, and public art installations. Artaic's approach allows for complete control over the color, material, and layout of its mosaics, enabling clients to achieve customized designs while minimizing costs. Additionally, the company provides installation services, further streamlining the process for its clientele.
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