m13

m13

Early-stage VC backing AI and Web3

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.

About m13

Simplify's Rating
Why m13 is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

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

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Simplify's Take

What believers are saying

  • Rime raised $24 million in July 2026 with M13 leading the round.
  • Jimini closed $17 million in March 2026, signaling appetite for clinical AI.
  • M13’s website highlighted OpenFX and LuminosAI in 2026, showing active deployment pace.

What critics are saying

  • M13’s 2026 portfolio leans into regulated AI; one compliance failure damages its brand.
  • OpenFX, Jimini, and LuminosAI all face crowded incumbents and fast-following rivals.
  • If 2026 exits stall, M13’s consumer-AI thesis loses fundraising credibility with LPs.

What makes m13 unique

  • M13’s Propulsion model pairs capital with operating support from ex-executives.
  • April 2026 deals in Jimini, LuminosAI, and OpenFX show concentrated AI conviction.
  • Morgan Blumberg joined as partner in 2026, strengthening enterprise AI and voice investing.

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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

AlleyWatch
Aug 3rd, 2026
The AlleyWatch Startup Daily Funding Report: 8/3/2026

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/3/2026 featuring funding details for Baselayer, Dili, and much more.

Rime
Jul 16th, 2026
Rime

For the first time in human history, a rich understanding of language is available as a utility, delivered via API, useful enough to “be metered”. Intelligence has become a tool: something you can call, compose, and build on, divorced from any individual human mind.

FinSMEs
Jul 15th, 2026
Rime Raises $24M in Series A Funding

Rime, a San Francisco, CA-based provider of an enterprise voice AI platform, raised 24M in Series A funding

TechCrunch
Jul 15th, 2026
Rime picks up $24M Series A to help enterprises field customer calls | TechCrunch

Rime is handling over 100 million calls each month across multiple companies.

Tech Funding News
Apr 29th, 2026
Ex-Glossier execs raise $7M from Equal Ventures to build AI operating brain for commerce brands

Chord, an AI platform for commerce operations founded by ex-Glossier executives Bryan Mahoney and Henry Davis, has raised $7 million in funding led by Equal Ventures, bringing total capital raised to $45 million. M13, Chingona Ventures and CEAS Investments also participated. The New York-based startup, founded in 2021, is building a "context layer" that unifies a company's data, rules and operational logic to enable real-time decision-making. Its "context graph" stores metrics, constraints and past decisions, becoming more accurate over time. Chord's customers include MrBeast, Ritual, Ruggable and Blue Bottle Coffee, collectively representing over $1 billion in annual revenue. The platform competes with Klaviyo, Triple Whale and Northbeam. The funding will accelerate agent infrastructure development and sales amongst commerce businesses generating between $20 million and $1 billion revenue.

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