Matrix Partners

Matrix Partners is a venture capital firm founded in 1977 and based in San Francisco that backs early-stage and Series A technology companies across sectors such as artificial intelligence, B2B software, consumer technology, fintech, health tech, infrastructure, and semiconductors. The firm emphasizes practical, founder-centered collaboration, often supporting concepts from idea stage through Series A and taking board seats to help portfolio companies scale. It operates globally, including Matrix Partners China, which focuses on long-term relationships with entrepreneurs in China and has a track record of IPOs and strategic exits. The team combines former founders and experienced investors to bring local execution and global perspective. Notable investments span across the technology landscape, reflecting a history of involvement with companies like FedEx, Apple, Oculus, Canva, Zendesk, HubSpot, Postmates, Fivetran, Sila, and GOAT, illustrating the firm’s ability to support companies from early development to scale.

Ben Altshuler

Partner

Timothy Barrows

General Partner

Diana Kimball Berlin

Partner

Phyllis Doherty

Administrative Partner

Paul Ferri

Investor

Past deals in Trading Platform

Stable Money

Seed Round in 2024
Stable Money is a fixed-return investment platform that enables individuals to access fixed deposits, debt mutual funds, and bonds through RBI-regulated options. The service offers flexible plans, including monthly and quarterly payouts, with a focus on delivering higher returns alongside safety and long-term wealth growth. The platform emphasizes ease of use and protection, with certain options insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Double

Seed Round in 2024
Anyone can design and invest in their own stock index that’s advised, managed and tax optimized by Double. Historically, access to sophisticated finance tools like direct indexing and tax loss harvesting have come at a steep cost and only through exclusive financial advisors. We are on a mission to revolutionize investing by providing world class portfolio tools to everyday investors without any AUM fees.

GRVT

Seed Round in 2023
GRVT operates an institutional-grade derivatives trading platform that eliminates counterparty risk. It offers features such as KYC, self-custody, privacy-enabled trading, high transaction throughput, and options for RFQ and CLOB trading in futures, perpetuals, and other derivatives.

Stable Money

Series A in 2023
Stable Money is a fixed-return investment platform that enables individuals to access fixed deposits, debt mutual funds, and bonds through RBI-regulated options. The service offers flexible plans, including monthly and quarterly payouts, with a focus on delivering higher returns alongside safety and long-term wealth growth. The platform emphasizes ease of use and protection, with certain options insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Lightspark

Seed Round in 2022
Lightspark develops enterprise-grade payment infrastructure, facilitating open, instant, and programmable money movement across the internet. Its platform enables businesses to accept digital payments and receive fiat currency instantly while transacting on the Lightning Network.

KuCoin

Series B in 2022
KuCoin operates a global cryptocurrency exchange platform that enables users to buy, trade, and earn digital assets. The platform offers a range of services, including spot trading, margin trading, and crypto derivatives, designed to help users maximize investment potential. KuCoin serves a worldwide user base with a focus on secure, convenient access to digital asset markets and implements comprehensive trading tools and liquidity across multiple asset classes. The company emphasizes a user-friendly experience, broad asset coverage, and continuous feature development to support traders and investors in managing digital asset portfolios.

Concerto Card

Venture Round in 2022
Concerto Card is a fintech company focused on enhancing brand loyalty through credit card partnerships. It offers a platform that specializes in card issuance, rewards functionality, and customer service. By integrating advanced technologies and analytics with robust card servicing, Concerto Card enables businesses to provide tailored credit card products to their customers, improving the overall user experience for both consumers and businesses.

Feiyu

Series A in 2020
Shanghai Feiyu Network Technology Co., Ltd. operates a live e-commerce platform specializing in the trading of used luxury products, particularly handbags. The company conducts live broadcasts showcasing various luxury brand handbags through its mobile application, allowing users to view the products in real-time and make purchases at lower prices. In addition to handbags, Feiyu's platform includes a range of luxury items such as bags, accessories, watches, footwear, and clothing, catering to the growing market for pre-owned luxury goods in China.

Yaoyanshe

Series C in 2019
Yaoyanshe, established in 2012 and headquartered in Shanghai, China, operates as a Contract Research Organization (CRO) technology platform. It specializes in providing end-to-end services for pharmaceutical research and development, including clinical monitoring, project management, registration affairs, biostatistics, pharmacovigilance, medical affairs, and Site Management Organization (SMO) services. The company's core offering is an application designed to facilitate value sharing and trading within the industry, empowering patients with up-to-date treatment information and enabling professionals to assess creditworthiness, analyze competition, and evaluate sponsor projects more effectively. Yaoyanshe aims to address key industry challenges and enhance the efficiency of pharmaceutical research and development.

Yaoyanshe

Series B in 2018
Yaoyanshe, established in 2012 and headquartered in Shanghai, China, operates as a Contract Research Organization (CRO) technology platform. It specializes in providing end-to-end services for pharmaceutical research and development, including clinical monitoring, project management, registration affairs, biostatistics, pharmacovigilance, medical affairs, and Site Management Organization (SMO) services. The company's core offering is an application designed to facilitate value sharing and trading within the industry, empowering patients with up-to-date treatment information and enabling professionals to assess creditworthiness, analyze competition, and evaluate sponsor projects more effectively. Yaoyanshe aims to address key industry challenges and enhance the efficiency of pharmaceutical research and development.

KuCoin

Series A in 2018
KuCoin operates a global cryptocurrency exchange platform that enables users to buy, trade, and earn digital assets. The platform offers a range of services, including spot trading, margin trading, and crypto derivatives, designed to help users maximize investment potential. KuCoin serves a worldwide user base with a focus on secure, convenient access to digital asset markets and implements comprehensive trading tools and liquidity across multiple asset classes. The company emphasizes a user-friendly experience, broad asset coverage, and continuous feature development to support traders and investors in managing digital asset portfolios.

eBroker

Series C in 2018
eBroker, also known as e-Proxy, is an internet finance company specializing in overseas asset allocation and improving industry efficiency. Acting as a sales crowdsourcing platform, eBroker's e-Agent sells high-quality overseas assets to first-tier elites through innovative business models and intermediation. With a financial management division serving over 10,000 clients, the company has received significant capital investment from various institutions such as Xianfeng Evergreen, Guangshen Anzhen, Yunjiu Capital, Lippo Group, Xianfeng Group, and Shin Kong Group.

Yaoyanshe

Series A in 2018
Yaoyanshe, established in 2012 and headquartered in Shanghai, China, operates as a Contract Research Organization (CRO) technology platform. It specializes in providing end-to-end services for pharmaceutical research and development, including clinical monitoring, project management, registration affairs, biostatistics, pharmacovigilance, medical affairs, and Site Management Organization (SMO) services. The company's core offering is an application designed to facilitate value sharing and trading within the industry, empowering patients with up-to-date treatment information and enabling professionals to assess creditworthiness, analyze competition, and evaluate sponsor projects more effectively. Yaoyanshe aims to address key industry challenges and enhance the efficiency of pharmaceutical research and development.

Jizhicar.com

Series C in 2018
Jizhicar combines automobiles, the Internet, and finance, and researches and develops through technological innovation. It focuses on auto financial services. They offer online trading, offline service center, vehicle quality inspection and certification for second-hand cars, and more.

Songxiaocai

Series B in 2018
Songxiaocai is a mobile Internet platform that facilitates the trading of agricultural products through an online B2B marketplace. It provides a range of services, including vegetable picking, distribution, and after-sales support, specifically tailored for small and medium-sized retailers. By offering comprehensive solutions that encompass information retrieval, purchasing, and efficient distribution, Songxiaocai enables farmers, wholesalers, and retailers to conduct their business operations more effectively.

ICHUNT.COM

Series B in 2017
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.

eBroker

Series B in 2017
eBroker, also known as e-Proxy, is an internet finance company specializing in overseas asset allocation and improving industry efficiency. Acting as a sales crowdsourcing platform, eBroker's e-Agent sells high-quality overseas assets to first-tier elites through innovative business models and intermediation. With a financial management division serving over 10,000 clients, the company has received significant capital investment from various institutions such as Xianfeng Evergreen, Guangshen Anzhen, Yunjiu Capital, Lippo Group, Xianfeng Group, and Shin Kong Group.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Futu Holdings

Series C in 2017
Futu Holdings operates an online brokerage platform enabling individual investors to trade stocks in major markets like Hong Kong, US, and Chinese A-shares. It offers trade execution, margin financing, market data, social networking services, ESOP management, and IPO subscription services.

Weiming Penguin

Series A in 2017
Weiming Penguin is a company that specializes in big data products and digital solutions, aimed at facilitating data-driven business growth for enterprises. In addition to its data services, the company also offers a third-party trading platform that provides access to medicine, equipment, and healthcare products. This platform emphasizes online channels, enabling pharmaceutical and commercial companies to meet customer needs effectively while enhancing the quality of life for users. Weiming Penguin addresses customer inquiries through multiple channels, including phone, email, and online applications, ensuring responsive communication and support.

Weiming Penguin

Series A in 2017
Weiming Penguin is a company that specializes in big data products and digital solutions, aimed at facilitating data-driven business growth for enterprises. In addition to its data services, the company also offers a third-party trading platform that provides access to medicine, equipment, and healthcare products. This platform emphasizes online channels, enabling pharmaceutical and commercial companies to meet customer needs effectively while enhancing the quality of life for users. Weiming Penguin addresses customer inquiries through multiple channels, including phone, email, and online applications, ensuring responsive communication and support.

Chehaoduo

Series A in 2016
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Songxiaocai

Series A in 2016
Songxiaocai is a mobile Internet platform that facilitates the trading of agricultural products through an online B2B marketplace. It provides a range of services, including vegetable picking, distribution, and after-sales support, specifically tailored for small and medium-sized retailers. By offering comprehensive solutions that encompass information retrieval, purchasing, and efficient distribution, Songxiaocai enables farmers, wholesalers, and retailers to conduct their business operations more effectively.

Weiming Penguin

Angel Round in 2016
Weiming Penguin is a company that specializes in big data products and digital solutions, aimed at facilitating data-driven business growth for enterprises. In addition to its data services, the company also offers a third-party trading platform that provides access to medicine, equipment, and healthcare products. This platform emphasizes online channels, enabling pharmaceutical and commercial companies to meet customer needs effectively while enhancing the quality of life for users. Weiming Penguin addresses customer inquiries through multiple channels, including phone, email, and online applications, ensuring responsive communication and support.

ICHUNT.COM

Series A in 2016
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.

ICHUNT.COM

Seed Round in 2015
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.

Haomuduo

Series A in 2015
Haomuduo is an online B2B trading platform specializing in the sale of wooden materials for construction and furniture. The company connects producers directly with buyers, allowing manufacturers to manage their production levels more effectively. Haomuduo not only facilitates the sale of wooden products but also offers delivery and installation services, thereby reducing the costs associated with intermediaries. This streamlined approach helps businesses in the construction sector access the necessary materials while enhancing efficiency and cost-effectiveness in their operations.

Futu Holdings

Series B in 2015
Futu Holdings operates an online brokerage platform enabling individual investors to trade stocks in major markets like Hong Kong, US, and Chinese A-shares. It offers trade execution, margin financing, market data, social networking services, ESOP management, and IPO subscription services.

Kakao

Series A in 2015
CRM and trading platform for real-estate agents

Cheyipai

Series D in 2015
Cheyipai is a private company based in Beijing, China, founded in 2009 by Wang Tiezhong and Yang Xuejian. It specializes in e-commerce focused on the automotive sector, primarily facilitating the online sale of used vehicles through an online-to-offline (O2O) model that streamlines the entire transaction process. Cheyipai operates auction and trading platforms that cater to both new and used cars, while also providing a range of services including financial technology, insurance, and marketing. As of April 2018, it functions as a subsidiary of Souche.com, enhancing its capabilities in the automotive market and contributing to digital transformation solutions for businesses in this sector.

Zhaogang.com

Series D in 2015
Zhaogang.com is a website that is specialized in steel trading information services for buyers and suppliers. Zhaogang.com obtained ten millions of dollars in angel funding at the end of 2011. It was launched in 2012.

Zhaolu Tianxia Wang

Angel Round in 2015
Zhaolu Tianxia Wang provides matchmaking services for buyers and sellers of aluminium raw materials. It conducts transactions based on the big data of matchmaking transactions. Their agents provide sales, logistics, finance, and derivative services. For inquiries, telephone numbers and addresses are available on their websites.

Haoche51.com

Series A in 2014
It is a Beijing based online used car trading platform Haoche51.com

Futu Holdings

Series A in 2014
Futu Holdings operates an online brokerage platform enabling individual investors to trade stocks in major markets like Hong Kong, US, and Chinese A-shares. It offers trade execution, margin financing, market data, social networking services, ESOP management, and IPO subscription services.

Cheyipai

Series C in 2014
Cheyipai is a private company based in Beijing, China, founded in 2009 by Wang Tiezhong and Yang Xuejian. It specializes in e-commerce focused on the automotive sector, primarily facilitating the online sale of used vehicles through an online-to-offline (O2O) model that streamlines the entire transaction process. Cheyipai operates auction and trading platforms that cater to both new and used cars, while also providing a range of services including financial technology, insurance, and marketing. As of April 2018, it functions as a subsidiary of Souche.com, enhancing its capabilities in the automotive market and contributing to digital transformation solutions for businesses in this sector.

Zhaogang.com

Series C in 2013
Zhaogang.com is a website that is specialized in steel trading information services for buyers and suppliers. Zhaogang.com obtained ten millions of dollars in angel funding at the end of 2011. It was launched in 2012.

8868

Series A in 2013
8868 is an e-commerce platform that specializes in providing transaction services for mobile phone games. It facilitates online game account transactions and game currency exchanges, catering to the needs of players seeking secure and reliable transaction methods. By ensuring that each transaction is backed by specific game data, 8868 offers proof of transactions, which enhances security compared to traditional methods like screenshots. The platform also addresses concerns related to cheating and account theft, as it actively works to protect users from fraudulent activities. The entire transaction process is monitored to guarantee safety, making it a trustworthy option for gamers engaging in buying and selling game-related assets.

Cheyipai

Series B in 2013
Cheyipai is a private company based in Beijing, China, founded in 2009 by Wang Tiezhong and Yang Xuejian. It specializes in e-commerce focused on the automotive sector, primarily facilitating the online sale of used vehicles through an online-to-offline (O2O) model that streamlines the entire transaction process. Cheyipai operates auction and trading platforms that cater to both new and used cars, while also providing a range of services including financial technology, insurance, and marketing. As of April 2018, it functions as a subsidiary of Souche.com, enhancing its capabilities in the automotive market and contributing to digital transformation solutions for businesses in this sector.

Zhaogang.com

Series B in 2013
Zhaogang.com is a website that is specialized in steel trading information services for buyers and suppliers. Zhaogang.com obtained ten millions of dollars in angel funding at the end of 2011. It was launched in 2012.

Zhaogang.com

Series A in 2012
Zhaogang.com is a website that is specialized in steel trading information services for buyers and suppliers. Zhaogang.com obtained ten millions of dollars in angel funding at the end of 2011. It was launched in 2012.

Gu360.com

Series A in 2011
Gu360 is a stock analysis and prediction platform. With the help of network information and viewpoint analysis technology services, it covers industries such as stocks, foreign exchange, futures, and funds in its stock list. To improve stock tracking and foster social interaction, investors can subscribe to self-selected stock information on the stock radar, including dynamic information like news, research reports, Weibo, stock bars, expert trading, analysis, and comments. Gu360 incorporates the stock market sentiment analysis technology that is the company's main technological offering.

Renmaitong

Angel Round in 2011
Renmaitong is a social and trading platform for business people.

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.
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