Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco, California. The firm specializes in early-stage investments, supporting companies from the ideation phase through Series A funding. Matrix Partners focuses on various sectors, including applied artificial intelligence, B2B SaaS, digital health, fintech, and sustainable hardware. The firm prides itself on building long-term relationships with entrepreneurs, leveraging a team of former founders and experienced investors to foster significant, industry-leading companies. With a strong portfolio that includes notable investments like Oculus, Zendesk, and Afterpay, Matrix Partners has contributed to the success of numerous businesses, helping many achieve initial public offerings and profitable mergers and acquisitions. The firm combines local market knowledge with a global perspective, consistently ranking among the top venture firms in terms of returns to its investors.
2601, Taikang Financial Tower, No.38, East 3rd Ring Road North, Chaoyang District, Beijing 100026, China
101 Main St. 17th Floor Cambridge, MA 02142
535 Mission St. Suite 2600 San Francisco, CA 94105
260 Homer Ave, Suite 201 Palo Alto, CA 94301
Ben Altshuler
Partner
Timothy Barrows
General Partner
Diana Kimball Berlin
Partner
Phyllis Doherty
Administrative Partner
Paul Ferri
Co-Founder
Wan Haoji
Partner
Patrick Malatack
General Partner
Harry Man
Partner
Kojo Osei
Partner
Kun Qian
Managing Director
Stan Reiss
General Partner
Brian Ru
Venture Partner
Bo Shao
Founding Managing Partner
David Skok
General Partner
Jared Sleeper
Partner
Dana Stalder
General Partner
David Su
Founding Managing Partner
Ilya Sukhar
General Partner
Sun Linghao
Managing Partner
Tong Ti
Vice President
Andrew Verhalen
General Partner
Huadong Wang
Partner
Kevin Xiong
Partner
Eric YU
Director
Past deals in Shopping
Chalo
Venture Round in 2022
Chalo develops a transport application that delivers real-time transit information such as live tracking, get transit arrival time, and more. From live tracking buses to providing digital solutions focusing on cashless rides, Chalo dreams to make public transport accessible, affordable, and hassle-free for Indian commuters. The Chalo App provides live tracking of over 15,000 buses in 21 cities and has more than 70 lakh downloads as of July 2021. The Chalo Card, a contactless tap-to-pay travel card, is a successful bus travel card. Chalo also offers products like mobile tickets, mobile bus passes, and multi-trip 'Super Saver' plans that can be bought on the Chalo App as well as through the Chalo Card. Chalo partners with bus operators to deploy this technology and improve the bus travel experience.
Zhuizhi Technology
Series A in 2021
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, offering integrated smart retail solutions. The company's expertise encompasses store digitization, traffic conversion from offline to online platforms, precise member marketing, and enhancements to the shopping experience. Additionally, Zhuizhi Technology focuses on improving store floor efficiency and internal operations within the retail sector. Its product lineup includes mobile management assistant applets, smart cash registers, and various hardware terminals, all designed to facilitate intelligent management and boost sales efficiency for retail businesses. By addressing both the middle and front office needs, Zhuizhi Technology aims to empower merchants with the tools necessary for effective business management.
Klook
Series E in 2021
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
Zhuizhi Technology
Seed Round in 2020
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, offering integrated smart retail solutions. The company's expertise encompasses store digitization, traffic conversion from offline to online platforms, precise member marketing, and enhancements to the shopping experience. Additionally, Zhuizhi Technology focuses on improving store floor efficiency and internal operations within the retail sector. Its product lineup includes mobile management assistant applets, smart cash registers, and various hardware terminals, all designed to facilitate intelligent management and boost sales efficiency for retail businesses. By addressing both the middle and front office needs, Zhuizhi Technology aims to empower merchants with the tools necessary for effective business management.
Backpack
Seed Round in 2019
Backpack is a peer-to-peer platform that connects travelers and shoppers to give everyone access to all the products in the world.
KK Group
Series D in 2019
KK Group operates an online-to-offline marketplace in China that focuses on imported products. The company sources a diverse range of items, including snacks, personal care products, makeup, home furnishings, and stationery, from renowned international brands. Through its platform, KK Group allows consumers to purchase these products from physical stores around the world using their mobile devices, bridging the gap between online shopping and offline retail. This approach provides users with direct access to premium imported consumer goods, enhancing their shopping experience.
Plum
Series B in 2019
Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services.
Xyb2b
Series B in 2019
Xyb2b provides online shopping platform. Its platform provides maternal and child supplies, beauty care, healthcare, digital life, clothing and shoes in a wide range, enabling customers to purchase products at a lesser cost and vendors create reliability and speed on import and export business.
Jijixian
Series A in 2019
Jijixian is a company based in Wuhan, China, that specializes in fresh produce e-commerce and delivery services. It provides an online platform for customers to purchase a wide variety of grocery items, including fruits, vegetables, meat, eggs, seafood, grains, and seasonings. The company is known for its efficient 30-minute delivery service, ensuring that customers receive their orders promptly. By focusing on the fresh food market, Jijixian aims to meet the growing demand for convenient and high-quality grocery shopping options.
Klook
Series D in 2019
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
KK Group
Series C in 2019
KK Group operates an online-to-offline marketplace in China that focuses on imported products. The company sources a diverse range of items, including snacks, personal care products, makeup, home furnishings, and stationery, from renowned international brands. Through its platform, KK Group allows consumers to purchase these products from physical stores around the world using their mobile devices, bridging the gap between online shopping and offline retail. This approach provides users with direct access to premium imported consumer goods, enhancing their shopping experience.
Xyb2b
Series B in 2018
Xyb2b provides online shopping platform. Its platform provides maternal and child supplies, beauty care, healthcare, digital life, clothing and shoes in a wide range, enabling customers to purchase products at a lesser cost and vendors create reliability and speed on import and export business.
Klook
Series D in 2018
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
KK Group
Series B in 2018
KK Group operates an online-to-offline marketplace in China that focuses on imported products. The company sources a diverse range of items, including snacks, personal care products, makeup, home furnishings, and stationery, from renowned international brands. Through its platform, KK Group allows consumers to purchase these products from physical stores around the world using their mobile devices, bridging the gap between online shopping and offline retail. This approach provides users with direct access to premium imported consumer goods, enhancing their shopping experience.
Hunliji
Series C in 2018
Hunliji is a wedding planner application that helps couples in China with the planning and sharing of their weddings. Hunliji provides wedding venue ordering, wedding photography, video shooting services and online sales of wedding candies, jewelry and wedding dresses, enabling users to plan their dream wedding.
Deja Vu
Series A in 2017
Deja Vu vendor of books online. This portal offers novels in a range of genres, including thriller, romance, and science fiction. It provides a selection of used books.
Klook
Series C in 2017
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
Plum
Series A in 2017
Plum is an e-commerce platform for second-hand fashion products. It works as a one-stop consignment service platform that provides filming, sales, customer service, sale, and a full set of consignment services.
Xingtang miniKTV
Series A in 2017
Xingtang miniKTV operates a network of self-serve karaoke boxes in China, aiming to redefine the traditional karaoke experience. Founded by a team from Baidu Inc., the company has emerged as a pioneer in this innovative sector, securing significant financing for its operations. The automated karaoke boxes are strategically located in shopping malls and are equipped with mobile payment options and WeChat integration, catering to the preferences of young Chinese consumers. This unique model allows users to enjoy singing their favorite songs in a private setting for short periods, reflecting a shift towards more convenient entertainment options. With estimates suggesting that up to 500,000 miniKTV boxes could be established in major cities, Xingtang miniKTV is poised for substantial growth in the future.
Reflower
Series B in 2017
Reflower is an e-commerce company that specializes in flower subscription services, primarily catering to women. The business delivers fresh flower bouquets on a weekly basis, along with larger delivery bundles that may include chocolates. By providing a consistent supply of flowers, Reflower aims to enhance the daily lives of its customers, promoting a happier lifestyle through the enjoyment of fresh blooms in their homes.
Klook
Series B in 2017
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
Joy
Seed Round in 2016
Joy is a wedding company that gives couples a smarter way to plan their big day. Using Joy, couples can create a beautifully-designed wedding website and mobile app, build their All-in-One Registry, manage guest lists and RSVPs, send online or printed Save the Dates, invitations, and eCards, provide travel and accommodations options for guests, host virtual wedding events, create a shared virtual wedding album and virtual guest book, and more. Wedding guests can purchase registry gifts, book travel plans and accommodations, get directions to wedding events via a Google Maps integration, order a ride to wedding events via ride-sharing integrations, add wedding events to their calendars with a click, and more. Based in San Francisco, Joy launched in 2016 through Y Combinator.
meet you
Series E in 2016
Meet you is a female health management app that provides women's menstrual management consulting services. The app is providing mothers-to-be with rich pregnancy knowledge and intimate pregnancy reminders. Record the moment of baby growth and provide scientific advice on baby growth to mothers. At the same time, it provides girls with health, emotion, weight loss, beauty, and shopping knowledge posts, as well as a built-in real-girl communication area to accompany women during every important period.
Rocksbox
Series A in 2016
Rocksbox, Inc. is a membership-based jewelry styling service based in San Francisco, California, founded in 2012. The company offers a subscription platform that allows women to shop, rent, and swap designer jewelry. Members receive a curated selection of jewelry pieces on loan, with the flexibility to purchase or exchange items at any time. Rocksbox aims to transform the jewelry shopping experience by leveraging technology and data to provide products that resonate with its customers. The service focuses on making high-quality, designer jewelry accessible and allows users to discover new styles while enjoying the benefits of a rental model.
Klook
Series A in 2015
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
Adored
Seed Round in 2015
Adored is a loyalty experience platform that is strengthening the relationships users have with the businesses they visit and the brands they love. The Adored app uses iBeacon indoor location technology to automatically reward customers and immerse them in experiences that enhance each visit. These remarkable experiences are what build brand loyalty and advocacy, and ultimately increase the lifetime value of each customer. Adored has been downloaded over 10,000 times and is active at dozens of locations ranging from ski resorts and arenas to cafes and bars. The company was founded in 2014 and is based in Manchester, New Hampshire.
meet you
Series D in 2015
Meet you is a female health management app that provides women's menstrual management consulting services. The app is providing mothers-to-be with rich pregnancy knowledge and intimate pregnancy reminders. Record the moment of baby growth and provide scientific advice on baby growth to mothers. At the same time, it provides girls with health, emotion, weight loss, beauty, and shopping knowledge posts, as well as a built-in real-girl communication area to accompany women during every important period.
Eqingdan
Angel Round in 2015
Eqingdan, known as "The List," operates an online platform that serves as a lifestyle product guide for the emerging middle class in China. The platform provides users with comprehensive information on daily necessities, merchandise, and product reviews, empowering them to make informed purchasing decisions. Available across various hardware and content platforms, including PCs, apps, and WeChat, Eqingdan has rapidly gained a significant user base, leveraging user-generated content to enhance its editorial offerings. This approach not only enriches the quality of information available to consumers but also ensures that the platform remains authentic and relevant in addressing the needs of its audience.
Metao.com
Series B in 2014
Honey Amoy (metao.com) panniers under the Beijing Science and Technology Co., Ltd. is a specialized site for sea scouring the pursuit of quality of life of people created a variety of overseas franchise famous for high quality products and services to provide users with more quality life. Honey Amoy has dozens of suppliers, nearly a hundred foreign brands, more than ten thousand commodities, allowing you to enjoy a more convenient, fast, secure and affordable overseas shopping experience. Honey Amoy provide the goods to keep prices consistent with the foreign exchange rate in real-time updates, support RMB payment, you can use Paypal Oh! . We chose a more rapid and safe logistics services for you, our aim is to make your overseas shopping is no longer a difficult task!
The Beast
Series A in 2014
The Beast is a lifestyle retail concept that targets upper and middle-class consumers in China. Operating 24 stores across 11 cities, along with several online shops and an app, it offers a curated selection of high-quality products from around the world. The product range includes home décor, fragrances, floral arrangements, fashion accessories, cosmetics, tableware, and gourmet delicacies. One of its standout offerings is a line of luxury flower boxes, designed to enhance the modern consumer's lifestyle with exquisite floral compositions.
meet you
Series C in 2014
Meet you is a female health management app that provides women's menstrual management consulting services. The app is providing mothers-to-be with rich pregnancy knowledge and intimate pregnancy reminders. Record the moment of baby growth and provide scientific advice on baby growth to mothers. At the same time, it provides girls with health, emotion, weight loss, beauty, and shopping knowledge posts, as well as a built-in real-girl communication area to accompany women during every important period.
Metao.com
Series A in 2014
Honey Amoy (metao.com) panniers under the Beijing Science and Technology Co., Ltd. is a specialized site for sea scouring the pursuit of quality of life of people created a variety of overseas franchise famous for high quality products and services to provide users with more quality life. Honey Amoy has dozens of suppliers, nearly a hundred foreign brands, more than ten thousand commodities, allowing you to enjoy a more convenient, fast, secure and affordable overseas shopping experience. Honey Amoy provide the goods to keep prices consistent with the foreign exchange rate in real-time updates, support RMB payment, you can use Paypal Oh! . We chose a more rapid and safe logistics services for you, our aim is to make your overseas shopping is no longer a difficult task!
Rocksbox
Seed Round in 2014
Rocksbox, Inc. is a membership-based jewelry styling service based in San Francisco, California, founded in 2012. The company offers a subscription platform that allows women to shop, rent, and swap designer jewelry. Members receive a curated selection of jewelry pieces on loan, with the flexibility to purchase or exchange items at any time. Rocksbox aims to transform the jewelry shopping experience by leveraging technology and data to provide products that resonate with its customers. The service focuses on making high-quality, designer jewelry accessible and allows users to discover new styles while enjoying the benefits of a rental model.
meet you
Series B in 2014
Meet you is a female health management app that provides women's menstrual management consulting services. The app is providing mothers-to-be with rich pregnancy knowledge and intimate pregnancy reminders. Record the moment of baby growth and provide scientific advice on baby growth to mothers. At the same time, it provides girls with health, emotion, weight loss, beauty, and shopping knowledge posts, as well as a built-in real-girl communication area to accompany women during every important period.
ShopAdvisor
Venture Round in 2013
ShopAdvisor enables agencies, brands, retailers, and shopping malls to power mobile, and other digital shopping experiences that drive consumers’ path to purchase in brick-and-mortar locations. The ShopAdvisor intelligence platform continually catalogues millions of data points including contextualized shopper, product and location information and applies deep data analytics to deliver each consumer a uniquely personalized and individualized shopping experience that spans from the point of discovery into the store.
Weidian Group
Venture Round in 2012
Weidian Group is a platform developer that provides e-commerce and social shopping services. The company's platform offers a digital marketplace for WeChat users to shop, allowing businesses to develop SaaS stores and connect with customers. It allows local community stores to sell their products on WeChat/SNS, where vendors may upload product information across many social media channels. It includes functions including product listings, inventory management, payment processing, and customer assistance.
Polyvore
Series C in 2012
Polyvore is a shopping site and app where you can give and get styling ideas from one of the world's largest style community. Polyvore's global community has created over 150 million collage-like “sets” that are shared across the web. Polyvore disrupts the traditional e-commerce model by giving everyone everywhere a voice in shaping today's trends and influencing purchases. Polyvore's savvy community is ahead of the curve, predicting trends before they hit the mainstream. Headquartered in Silicon Valley, Polyvore is funded by Benchmark Capital, Matrix Partners, DAG Ventures, Goldman Sachs and NV Investments (Vivi Nevo).
ihush.com
Series B in 2011
Ihush is an online sales platform offering special sale items (less than 50% discount) from international fashion brands. It has been authorized by the appropriate channels. In Europe, it is a popular sales model where an online on-sale website is managed by a professional shopping website supported by numerous big brands and their products. Consumers can break the limitations of space and location, receiving special offer information and buying favorite items through the network platform. From the end of 2008 to now, this model has been demonstrating substantial growth in China. So far, it has collaborated with over 500 international brands and it provides costumes, bags and suitcases, home appliance, products for infants and mothers, beauty products, tourism packages, and more. The product information is updated at noon every day and the sale for each brand lasts 3 to 7 days.
Hers
Series A in 2011
Hers is an online shopping website for women. Hers builds an entry point between Taobao stores for women’s dresses and acts as an exchange platform for women buyers. By April 25, 2009, the simultaneous online users of Hers reached 10,000 with a peak of 10,546 people. There were also over 40,000 posts by users and over 5 million PV per day.
7GeGe
Series B in 2011
7GeGe is an online fashion retail brand that sells clothing, women's shoes, and accessories on a fashion e-commerce platform. They have several fashion labels, including IAIZO, OTHERMIX, OTHERCRAZY, leather, OTHERSIN, and MEYEEKA.
ihush.com
Series A in 2010
Ihush is an online sales platform offering special sale items (less than 50% discount) from international fashion brands. It has been authorized by the appropriate channels. In Europe, it is a popular sales model where an online on-sale website is managed by a professional shopping website supported by numerous big brands and their products. Consumers can break the limitations of space and location, receiving special offer information and buying favorite items through the network platform. From the end of 2008 to now, this model has been demonstrating substantial growth in China. So far, it has collaborated with over 500 international brands and it provides costumes, bags and suitcases, home appliance, products for infants and mothers, beauty products, tourism packages, and more. The product information is updated at noon every day and the sale for each brand lasts 3 to 7 days.
Bonanza
Venture Round in 2010
Bonanza, Inc. operates an online marketplace that facilitates the buying and selling of a diverse range of products, including antiques, clothing, collectibles, jewelry, and home goods. Founded in 2007 and based in Seattle, Washington, the company was initially known as Bonanzle before rebranding in 2010. Bonanza aims to simplify the process of starting an online business by removing the technical barriers typically associated with e-commerce. Its platform allows sellers to publish listings with a single click to major buyer channels at no upfront cost, only charging once sales are made. Additionally, Bonanza offers tools for creating high-quality product images and automatically generates webstores for sellers, enhancing their ability to reach repeat customers. The marketplace has received recognition for its user-friendly interface, having been voted as the best online marketplace for "Ease of Use" in multiple annual seller surveys. Bonanza's mission is to foster entrepreneurship by providing an accessible and efficient platform for sellers.
Tuan800
Series A in 2010
Tuan800 is a prominent independent Groupon aggregator in China, operating two main websites: Zhe800.com and Hui800.com. Established in 2010, Tuan800 specializes in compiling and integrating coupons and special offers from thousands of websites on a daily basis. It provides users with comprehensive links and information lists to aid in their purchasing decisions. With its focus on digital platforms for discount coupons, Tuan800 has established itself as a leading entity in the industry, recognized for its ability to assist consumers in navigating the vast array of available promotions.
Hubs1
Series B in 2009
Hubs1 is a provider of accommodation reservation services that connects hotels to both traditional and emerging distribution channels. Through CRS, their hotel clients are able to establish seamless connections with all major GPS companies as well as third-party sites.
Polyvore
Series B in 2009
Polyvore is a shopping site and app where you can give and get styling ideas from one of the world's largest style community. Polyvore's global community has created over 150 million collage-like “sets” that are shared across the web. Polyvore disrupts the traditional e-commerce model by giving everyone everywhere a voice in shaping today's trends and influencing purchases. Polyvore's savvy community is ahead of the curve, predicting trends before they hit the mainstream. Headquartered in Silicon Valley, Polyvore is funded by Benchmark Capital, Matrix Partners, DAG Ventures, Goldman Sachs and NV Investments (Vivi Nevo).
Hubs1
Series A in 2008
Hubs1 is a provider of accommodation reservation services that connects hotels to both traditional and emerging distribution channels. Through CRS, their hotel clients are able to establish seamless connections with all major GPS companies as well as third-party sites.
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