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    M

    Marathon

    Athens, GreeceFounded 2017

    Marathon is a seed to Series C stage investment firm based in Athens, Greece. It has made 19 investments, with focus areas including AI, Fintech, Cybersecurity, Data & Analytics, Consumer, Biotech & Life Sciences, Robotics & Automation, Healthcare, Mobility & Transportation, Education, Manufacturing. Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Average disclosed round size is $56.4M (across 19 rounds with reported amounts).

    Find people at Marathon on Goldilocks AI

    Portfolio

    19

    Fund Size

    $175M

    Top Stage

    Series A

    Last 12 Mo

    2

    Team

    GR

    Gokul Rajaram

    Founding Partner and Company Helper

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    19 investments
    CompanyRoundAmountDate
    PPolyModels HubSeries A$7.9MNov 2025
    Niural logoNiuralSeries A$31MJun 2025
    Mercury logoMercurySeries C$300MMar 2025
    boon AI logoboon AISeries A$20.5MDec 2024
    Boon logoBoonSeries A$20.5MDec 2024
    Prima logoPrimaUnknown$23MDec 2024
    PPolyModels HubSeed$1.4MJul 2024
    Causaly logoCausalySeries B$60MJul 2023
    VVelos RotorsSeed$2MApr 2023
    HHack The BoxSeries C$55MJan 2023
    CCube RMSeries A$8MDec 2021
    SShanghai MediTrust Health Technology Co., Ltd.Series C$308MAug 2021
    Avenger Flight Group LLC logoAvenger Flight Group LLCUnknown$155MJul 2021
    Addi logoAddiSeries B$35MMay 2021
    HHack The BoxSeries A$10.6MApr 2021
    Augmenta logoAugmentaSeed$2.3MOct 2019
    Netdata logoNetdataSeries A$17MSep 2019
    LearnWorlds logoLearnWorldsSeed$1.1MJul 2019
    DDelian Alliance IndustriesUnknown$14M

    Top Co-Investors

    Osage University Partners2 shared
    Quona2 shared
    Boyu Capital1 shared
    Lilly Asia Ventures1 shared
    Sinovation1 shared
    8VC1 shared
    Citius1 shared
    GGV Capital1 shared
    Monashees1 shared
    Runa Capital1 shared

    Last updated: 16 April 2026