Matchstick Ventures is an early-stage venture capital firm based in Minneapolis, Minnesota, investing in pre-seed and seed-stage software companies in emerging and underserved startup ecosystems across the North and Rockies regions of the United States.
Their most common stage is seed (48% of deals). Average disclosed round size is $19.8M (across 58 rounds with reported amounts).
Portfolio
52
Fund Size
$55M
Top Stage
Seed
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
65 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Two Boxes | Seed | $3.2M | Apr 2026 |
 Saile | Pre-Seed | $2.2M | Jan 2026 |
 Mentium | Seed | $3.2M | Oct 2025 |
 Pageport | Seed | $3.3M | Aug 2025 |
| Two Boxes | Series A | $5.3M | Sep 2024 |
 Liminal.ai | Seed | $5M | Jun 2024 |
 Freeplay | Seed | $3.3M | Nov 2023 |
 ZED | Series A | $10M | Mar 2023 |
 Zed | Series A | $10M | Jan 2023 |
 Zed Industries | Series A | $10M | Jan 2023 |
| ZED | Series A | $10M | Jan 2023 |
 Milk Moovement | Series A | $20M | Jul 2022 |
 Benny | Pre-Seed | $1M | Jun 2022 |
 StackHawk | Series A | — | May 2022 |
| StackHawk | Series B | $20.7M | May 2022 |
 Soona | Series B | $35M | Jan 2022 |
 Spekit | Series B | — | Jan 2022 |
 Branch | Series C | $75M | Jan 2022 |
 Cometchat | Series A | $10M | Dec 2021 |
 Onward Delivery | Seed | $4.7M | Dec 2021 |
 Branch | Series B | $48M | Aug 2021 |
 Airspace Link | Series A | $10M | May 2021 |
 Treet | Seed | $2.8M | May 2021 |
 Upsie | Series A | $18.2M | May 2021 |
| Spekit | Series A | $12.2M | Jan 2021 |
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Top Co-Investors
Techstars29 shared
Bonfire Ventures9 shared
Crosscut Ventures6 shared
2048 Ventures5 shared
Redpoint Ventures4 shared
Root Ventures4 shared
M254 shared
Addition4 shared
Service Provider Capital4 shared
Portage Ventures3 shared
Craft Ventures3 shared
Mucker Capital3 shared
Y Combinator3 shared
The Syndicate3 shared
HR Tech Investments3 shared
MergeLane2 shared
Bessemer Venture Partners2 shared
Angel Invest2 shared
Bread & Butter Ventures2 shared
True Ventures2 shared
Last updated: 7 October 2026