Aperiam (formerly MathCapital) is a venture capital firm specializing in advertising technology (adtech) and marketing technology (martech). In addition to venture capital, it offers advisory and technology orchestration services to help portfolio companies scale from seed through Series B and beyond.
30% of their portfolio is in Marketing & Advertising. Their most common stage is seed (40% of deals). Average disclosed round size is $10.1M (across 19 rounds with reported amounts).
Portfolio
19
Fund Size
—
Top Stage
Seed
Last 12 Mo
2
Team
Corey Ferengul
Managing Partner
Eric Franchi
General Partner
Joe Zawadzki
General Partner
Peter Piazza
Partner, General Counsel
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
20 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 BranchLab | Seed | $26M | May 2026 |
 Datalinx | Seed | $4.2M | Jan 2026 |
 Newton Research | Series A | $9M | Aug 2025 |
| PPilotDesk | Series A | $5.8M | Apr 2025 |
 Firsthand | Series A | $26M | Jan 2025 |
| AAdelaide | Seed | $1.4M | Aug 2024 |
 Audience Town | Seed | $6.1M | Mar 2022 |
| RRoqad | Series A | $7M | Jan 2022 |
 Permutive | Series B | $18.5M | Jul 2020 |
 Kevel | Series A | — | Jan 2020 |
 Firsthand | Series A | $26M | — |
 Handraise | Seed | $6.4M | — |
 tvScientific | Seed | $1.5M | — |
 Scope3 | Series B | $20M | — |
 Roq.ad | Series A | $7M | — |
 ID5 | Series B | $6M | — |
 Scrollmark | Seed | $8M | — |
| Kevel | Series B | $10M | — |
| MMemorable AI | Pre-Seed | $2.8M | — |
| MMarketecture | Seed | $1M | — |
Top Co-Investors
GV2 shared
Radical Ventures2 shared
Gallery Ventures2 shared
FirstMark Capital2 shared
Service Provider Capital2 shared
BDMI2 shared
DNX Ventures2 shared
OCA Ventures2 shared
Fulcrum Equity Partners2 shared
MATH Venture Partners2 shared
Hinge Capital1 shared
High Alpha1 shared
Databricks Ventures1 shared
Alphabet Inc.1 shared
Floodgate Fund1 shared
Bill Wood Ventures1 shared
Factory1 shared
Silverton Partners1 shared
Venrock1 shared
Craft Ventures1 shared
Last updated: 7 October 2026