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About m13
Industries
Venture Capital
Consumer Software
Crypto & Web3
AI & Machine Learning
Company Size
51-200
Company Stage
N/A
Total Funding
$1.8B
Headquarters
Beverly Hills, California
Founded
2016
Overview
M13 backs early-stage software startups, focusing on seed and Series A investments, especially in AI and web3-enabled consumer tech. The firm uses its Propulsion model to deliver strategic and operational guidance from a team of experienced executives, providing hands-on support to help portfolio companies scale. By combining venture capital with elements of private equity, M13 aims to be a long-term partner rather than just a funder. With offices in Los Angeles and New York and funds including a $400 million vehicle, its goal is to help founders build durable, growth-focused businesses in areas like the future of work, health, commerce, and money.
Simplify's Take
What believers are saying
- Leading Teleskope's $25M Series A taps AI security demand.
- Jimini Health's $17M seed expands behavioral health AI portfolio.
- LuminosAI funding bolsters AI governance amid EU AI Act compliance.
What critics are saying
- AI portfolio concentration impairs 15-25% value if adoption plateaus by 2028.
- FDA regulates Jimini Health's AI, eroding LP confidence in 18 months.
- Sequoia outbids M13 on AI deals, slashing deal flow in 12 months.
What makes m13 unique
- M13's Propulsion model deploys full-time operators for portfolio scaling.
- Firm seeded seven and Series A'd five unicorn companies since 2016.
- Part VC, part PE hybrid supports seed through Series B rounds.
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Funding
Total Funding
$1.8B
Above
Industry Average
Funded Over
0 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Company News
New York-based Jimini Health has secured $17 million in seed funding, taking its total capital raised to over $25 million.
OpenFX, a startup focused on foreign exchange market-making and remittances, has raised $94 million in a funding round led by Accel, Lightspeed Faction, M13, Northzone and Pantera, valuing the company at approximately $500 million. The firm uses stablecoins to accelerate cross-border payments, with over 98% of transactions settling in under 60 minutes compared to two to five business days in traditional forex markets. Founded in 2024 by Prabhakar Reddy, former founder of crypto prime brokerage FalconX, OpenFX links traditional banking systems with digital infrastructure using stablecoins for near-instant currency conversion. The company processes over $45 billion in annualised payment volume, up from $4 billion a year ago. OpenFX will use the funding to expand into Southeast Asia and Latin America.
OpenFX raises $94M Series A to build modular, API-first FX liquidity infrastructure - enabling real-time, programmable money movement for fintechs, banks, and global payment companies.
LuminosAI, an AI governance platform focused on legal risk, has launched Lighthouse, the first automated testing platform for generative and agentic AI systems that detects legal liabilities. The platform automatically generates documentation providing legal teams with a comprehensive view of AI system risks, reducing approval times from weeks to minutes. Founded in 2023, LuminosAI announced new funding led by M13, with participation from Bloomberg Beta, Hawktail, AME Cloud Ventures and others. The Washington DC-based company's platform enables teams to build customised rule sets for legal compliance, including EU AI Act and NIST AI Risk Management Framework requirements. Lighthouse automatically tests AI systems against these rules, identifying potential risks in chatbots, productivity tools and other applications whilst providing digestible explanations for governance teams.
Avantos, an artificial intelligence (“AI”)-native operating system built to reimagine how financial institutions onboard and service clients, today announced...
m13 is Hiring for 3 Jobs on Simplify!
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About m13
Industries
Venture Capital
Consumer Software
Crypto & Web3
AI & Machine Learning
Company Size
51-200
Company Stage
N/A
Total Funding
$1.8B
Headquarters
Beverly Hills, California
Founded
2016
m13 is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today