The 21 Best VC Firms In Boston, MA [2021]

The 21 Best VC Firms In Boston, MA [2021]

Are you looking for a VC firm for your Boston, MA based startup?

Finding the right investment firm for your startup can be a daunting task.

There are a number of successful venture capital firms in Boston, MA, and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. G20 Ventures

  • Location: Boston, MA
  • Industries: Technology
  • Investment Range: $2M-$5M
  • Stage: Series A
  • Companies invested in: Fetcher, Frame AI, CloudZero

G20 Ventures provides early capital to promising tech startups in the East Coast region of the United States.

The firm has a people-centric approach and looks for great teams capable of going big with their ideas.

G20 typically invests anywhere between $2M to $5M at the initial stage.

Learn more about G20 Ventures ➜

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2. Underscore VC

  • Location: Boston, MA
  • Industries: Technology & Software
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Coda, Mable, Apploi

Underscore VC is a Boston-based seed-stage investor providing capital support to tech and software companies.

Underscore has a core team of seasoned investors, entrepreneurs, and operators who will help the startups with every kind of expertise required to be successful in the industry.

This is a people-centric company and likes to back founders who have unique solutions to impactful problems that will change our lives.

Learn more about Underscore VC ➜

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3. Spark Capital

  • Location: Boston, MA
  • Industries: Consumer, Enterprise, Hardware, Fintech, Frontier, Tech, Marketplaces
  • Investment Range: Not disclosed
  • Stage: Series A
  • Companies invested in: Oculus, Slack, Discord

Spark Capital seeks to invest in products they love, innovative ideas, people, new markets, future of technology, community, dreams, art, and much more.

This firm provides rock-solid support in the form of capital and guidance and sticks with their companies through every up & down.

Spark Capital are more of a partner and less of an owner who likes to work side by side with their companies in order to make their dreams into reality

Learn more about Spark Capital ➜

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4. Hyperplane Venture Capital

  • Location: Boston, MA
  • Industries: Technology
  • Investment Range: $250K-$3M
  • Stage: Seed Stage
  • Companies invested in: Butlr, ReAlpha, Flume Internet

Hyperplane Venture Capital likes to invest in futuristic technologies like machine learning, artificial intelligence, and data technologies.

This firm provides early-stage capital to exceptional tech founders and supports them at every stage of their journey, from beginning till the end, and beyond.

Hyperplane's investment range can be between $250K-$3M at its initial phase.

Learn more about Hyperplane Venture Capital ➜

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5. Summit Partners

  • Location: Boston, MA
  • Industries: Healthcare & Life Sciences, Technology, Growth Products & Services
  • Investment Range: $10M-$500M
  • Stage: Series C
  • Companies invested in: Lingoda, CluePoints, ShipMonk

Summit Partners provides growth equity to exceptional founders and management teams of industry-leading companies.

This VC firm has been successfully investing in healthcare, technology, and growth products companies around the world for the last 35 years.

Their investment ranges anywhere from $10M to as big as $500M.

Learn more about Summit Partners ➜

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6. Polaris Partners

  • Location: Boston, MA
  • Industries: Healthcare Technology, SaaS, data Science
  • Investment Range: $10M-$40M
  • Stage: Series B
  • Companies invested in: Acceleron, 170 Systems, Adimab

For the past two decades, Polaris Partners has been investing in great healthcare, technology, and software companies.

Along with capital they also provide business guidance and honest feedback on the products and ideas of their portfolio companies.

The firm typically invests around $10M-$40M at the primary stage.

Learn more about Polaris Partners ➜

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7. Battery Ventures

  • Location: Boston, MA, Menlo Park, CA, San Francisco, CA
  • Industries: Technology & Software
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Affirm, 6sense, BigPanda

Battery Ventures, a global investment firm, focused on investing in early technology companies.

Established in 1983, this firm has its offices in numerous locations across the US, Europe, and Israel.

They also provide additional supports like business development, recruiting, talent & marketing among others.

Learn more about Battery Ventures ➜

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8. PJC

  • Location: Boston, MA
  • Industries: AI, Consumer, and Enterprise
  • Investment Range: $500K-$3M
  • Stage: Seed Stage
  • Companies invested in: Expensify, Openly, Appcast

PJC is an early-stage venture capital firm that has been the first investor for many successful companies.

This firm primarily focuses on companies dealing in Enterprise, Consumer, and AI however, is ready to explore possibilities in other sectors as well.

PJC usually invests $500K to $3M in the first round.

Learn more about PJC ➜

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9. Volition Capital

  • Location: Boston, MA
  • Industries: Internet Services, Software/SaaS, Consumer, B2B
  • Investment Range: $10M-$50M
  • Stage: Series B
  • Companies invested in: Assent, Bond-Pro, Arteza

Volition Capital provides growth capital to companies with a well-grounded product, proven sales model, and an engaged customer base.

This firm is extremely selective and only invests in a small number of companies and provides them with the all-important capital along with business advisory to ensure their overall growth.

Volition's investment range can be from $10M to $50M for growth-stage companies.

Learn more about Volition Capital ➜

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10. Anzu Partners

  • Location: Boston, MA
  • Industries: Software, Hardware, Life Sciences, Materials, Manufacturing
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Ai-Media, 6K, Axsun Technologies

Anzu Partners is an investment firm that provides venture capital to early-stage companies.

The firm is primarily focused on industrial and life science tech companies with a perspective to bring effective change in the industry.

Anzu was founded in 2014 and has its offices in Boston, Tampa, San Diego, and Washington, DC.

Learn more about Anzu Partners ➜

11. NextView Ventures

  • Location: Boston, MA
  • Industries: Technology & Software
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Skillz, Whoop, TripleLift

NextView Ventures invests in innovative companies that will contribute to a bright and sustainable future for all of us.

They believe that software & technology will control our everyday lives and want to make the maximum investment in these two sectors.

The firm partners with founders from all over the Us and has its offices in Boston and New York.

Learn more about NextView Ventures ➜

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12. General Catalyst

  • Location: Boston, MA
  • Industries: Consumer, Enterprise
  • Investment Range: $500K-$2M
  • Stage: Seed Stage - Series B
  • Companies invested in: Airbnb, HubSpot, Gusto

General Catalyst is a stage agnostic investment firm backing companies from seed stage to growth stage and beyond.

They think that only capital investment is not enough and like to provide a steady hand throughout the journey.

The firm typically invests anywhere between $500K to $2M as seed capital.

Learn more about General Catalyst ➜

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13. Audax Group

  • Location: Boston, MA
  • Industries: Industrial Services & Technologies, Business Services, Software, Healthcare
  • Investment Range: Not disclosed
  • Stage: Series B
  • Companies invested in: A & A Manufacturing, 48forty Solutions, Active Day

Audax Group provides private equity to leading middle-market companies across the US and Canada.

They want to partner with great management teams to create long-term value for their portfolio companies.

The company was founded in 1999 and since then has raised over $500M capital through its private equity fund.

Learn more about Audax Group ➜

14. Flybridge Capital Partners

  • Location: Boston, MA
  • Industries: Software & Technology
  • Investment Range: Not disclosed
  • Stage: Seed Stage - Series C
  • Companies invested in: Infracommerce, Codecademy, MongoDB Inc.

Flybridge Capital Partners is a VC firm investing in Seed Stage to Series C companies in the software and technology industry.

This firm not just invests in companies but also provides mentorship to guide them on their path to success.

Till today, their portfolio companies have managed to raise a huge capital of $4 billion.

Learn more about Flybridge Capital Partners ➜

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15. Bain Capital

  • Location: Boston, MA
  • Industries: SaaS, Fintech, Infrastructure Software, Consumer Tech, Healthcare, Commerce
  • Investment Range: $1M-$100M
  • Stage: Seed Stage - Series B
  • Companies invested in: ABILITY Network, BetterCloud, 4Moms

Bain Capital provides seed capital as well as growth equity to companies operating in a wide range of industries.

They support founders at all stages of their companies and like to invest in future-ready companies.

Bain Capital’s investment range can vary from $1M to a sum as big as $100M for different stages.

Learn more about Bain Capital ➜

16. OpenView Venture Partners

  • Location: Boston, MA
  • Industries: Technology & Software
  • Investment Range: Not disclosed
  • Stage: Series A
  • Companies invested in: Skytap, Postscript, Calendly

OpenView Venture Partners likes to invest in companies that will improve people's working lives.

They have invested in about 40 tech and software companies so far.

OpenView provides capital, expertise, and networking opportunities to its portfolio companies.

Learn more about OpenView Venture Partners ➜

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17. Advanced Technology Ventures

  • Location: Menlo Park, CA, Boston, MA
  • Industries: IT, CleanTech, Healthcare
  • Investment Range: Not disclosed
  • Stage: Series A

Advanced Technology Ventures (ATV) is a venture capital founded in 1979 and since then has invested in multiple technology companies across sectors like healthcare, IT, and cleantech.

This firm invests in passionate founders and highly efficient management teams to make potential companies into market leaders.

Learn more about Advanced Technology Ventures ➜

18. Highland Capital Partners

  • Location: Boston, MA
  • Industries: Cybersecurity, Education, Commerce, Fintech, Autonomy, Media, Future of Work
  • Investment Range: Not disclosed
  • Stage: Seed Stage - Series B
  • Companies invested in: Malwarebytes, Catalant, Scopely

Highland Capital Partners (HCP) was founded in 1987 and since then has helped 280 plus early-stage companies to scale and become successful in their industries.

The firm likes to invest in category-defining companies across a wide number of sectors such as technology, commerce, education, media, and much more.

HCP has its presence in multiple locations across the US including Boston New York, and Silicon Valley.

Learn more about Highland Capital Partners ➜

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19. Matrix Partners

  • Location: India, Boston, MA
  • Industries: Technology, Software, Media, Consumer, Enterprise
  • Investment Range: $10M-$50M
  • Stage: Seed Stage - Series A
  • Companies invested in: Affirmed, Canva, Bugsnag

Matrix Partners is an early-stage investor investing in Seed Stage to Series A companies.

They have been successfully providing seed and growth capital to a wide number of companies across industries for more than 40 years.

Matrix Partners typically invest around $10M to $50M in their portfolio companies.

Learn more about Matrix Partners ➜

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20. CRV ( Charles River Ventures)

  • Location: Boston, MA, Palo Alto, CA
  • Industries: Bio, Consumer, Enterprise
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Cribl, Airtable, Patreon

CRV or Charles River Ventures is an early-stage VC firm investing in Bio, Consumer, and Enterprise industries since 1970.

The firm is more focused to empower individuals as compared to institutions.

CRV believes there is no project too small or too ambitious and likes to be the first investor of promising and innovative startups.

Learn more about CRV ( Charles River Ventures) ➜

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21. MassVentures

  • Location: Boston, MA
  • Industries: IT, SaaS, Security, Media & Entertainment
  • Investment Range: Not disclosed
  • Stage: Seed Stage

MassVentures is a seed investment fund based in Boston, Massachusetts.

This firm has been investing in a wide number of companies across different technology sectors for the past 40 years.

Their main goal is to fund and foster deep tech companies to boost Commonwealth's economic growth.

Learn more about MassVentures ➜

Pat Walls,  Founder of Starter Story

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