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    Matrix

    San Francisco, California, United StatesFounded 1977

    Matrix is an early-stage venture capital firm, investing from idea through Series A. As a close-knit team of former founders and company builders, the firm partners with founders who have deep technical expertise and a contrarian vision of the future.

    Deal activity increased 100% year-over-year (18 deals in the last 12 months). Average disclosed round size is $66.0M (across 438 rounds with reported amounts).

    Find people at Matrix on Goldilocks AI

    Portfolio

    284

    Fund Size

    $800M

    Top Stage

    Series A

    Last 12 Mo

    18

    Team

    Phyllis Doherty

    Phyllis Doherty

    Administrative Partner

    Scott Khanna

    Scott Khanna

    Talent Partner

    Andrea Black

    Andrea Black

    COO

    Erin Mauro

    Erin Mauro

    CFO

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    496 investments
    CompanyRoundAmountDate
    Encoded Therapeutics logoEncoded TherapeuticsSeries F$275MSep 2026
    Light Energy logoLight EnergyUnknown$46MSep 2026
    Metriport logoMetriportUnknown$26MAug 2026
    Thunder Compute logoThunder ComputeSeries A$13MAug 2026
    Giant logoGiantSeed$8MFeb 2026
    BoldVoice logoBoldVoiceSeries A$21MJan 2026
    Fini logoFiniSeed$3.6MJan 2026
    Thunder Compute logoThunder ComputeSeries A$13MJan 2026
    Lemma logoLemmaPre-Seed$2.3MJan 2026
    Optura logoOpturaSeries A$17.5MJan 2026
    Optura AI logoOptura AISeries A$17.5MJan 2026
    Optura logoOpturaSeries A$17.5MJan 2026
    OneCard logoOneCardSeries D—Jan 2026
    Encoded Therapeutics logoEncoded TherapeuticsSeries F$275MJan 2026
    Talos logoTalosSeries B$45MJan 2026
    Sila Nanotechnologies logoSila NanotechnologiesSeries E$300MJan 2026
    SSuno AiSeries D$400MJan 2026
    EEncodedSeries F$275MJan 2026
    LemonSlice logoLemonSliceSeed$10.5MDec 2025
    Lemonslice AI logoLemonslice AISeed$10.5MDec 2025
    Channel3 logoChannel3Seed$6MDec 2025
    Suno logoSunoSeries C$250MNov 2025
    Luma logoLumaSeries C$900MNov 2025
    LLuma AISeries B$900MNov 2025
    LLuma AISeries C$900MNov 2025
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    Last updated: 20 October 2026