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Labo
Labo is Matthew Prince's personal investment vehicle, making early-stage bets on infrastructure and AI-native startups from San Francisco.
Labo
Labo is the private investment entity of Matthew Prince, who co-founded Cloudflare in 2009 and took it public in 2019. The firm sits outside the standard family-office taxonomy: it does not advertise AUM, does not maintain a large investment team, and does not solicit external capital. The wealth origin is Cloudflare equity—Prince remains CEO and a significant shareholder as of the company's SEC filings. Labo's deployment pattern skews toward pre-seed and seed-stage software infrastructure, developer platforms, and applied AI. Prince writes personal checks that range from $25,000 to $250,000 on AngelList and through direct SPVs, often alongside funds like Heavybit, SignalFire, and Susa Ventures. Known portfolio positions include Supabase, Railway, and Replit—companies building the replacement stack for traditional cloud services. Geographically, the portfolio concentrates on San Francisco and distributed remote teams across North America. Prince does not disclose total deployment, and Labo operates with minimal visible infrastructure—no dedicated website beyond a minimal landing page, no public team page, and no LP reporting. The structure is deliberately unbundled: Prince invests personally rather than through a disclosed family-office entity, and his philanthropic activity runs through a separate donor-advised fund channel. Recent activity: In 2024, Prince continued to participate in AngelList syndicated rounds for open-source developer-tool companies, maintaining a cadence of roughly one to two new investments per month. What distinguishes Labo structurally is the operator-to-operator signal: Prince invests as an active public-company CTO who ships production infrastructure at scale, not as a former operator turned full-time allocator. That gives Labo's portfolio companies a reference customer and a technical sounding board who runs one of the largest edge networks in the world—an advantage that traditional seed funds cannot replicate.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Principals
Matthew Prince
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Labo?
Matthew Prince makes all investment decisions personally. He does not employ a dedicated CIO or investment committee. The operating model is founder-led direct check-writing, primarily through AngelList and occasional SPVs alongside his existing venture relationships.
How does Labo source proprietary deal flow?
Deal flow comes almost entirely through Prince's network as Cloudflare's CEO—founders building on Cloudflare's infrastructure, peers in the Y Combinator and enterprise-infrastructure circles, and referrals from seed funds he has co-invested with repeatedly, including Heavybit and SignalFire.
Is Labo structured as a single family office or does it operate more like a venture firm?
Labo sits closer to a personal investment vehicle than either. There is no external LP base, no fund structure, and no institutional branding. Prince invests personal capital through standard startup-investing channels like AngelList, without the operational overhead of a formal family office.
Does Labo participate in fund commitments or only direct deals?
Labo's observed activity is concentrated in direct seed-stage equity. There is no public evidence of fund LP commitments, though Prince's concentrated network makes that plausible. The entity has not registered as an investment adviser or filed any pooled-vehicle disclosures.
What investment stages does Labo typically target?
Nearly all observed positions are pre-seed and seed rounds. Check sizes are consistent with individual accredited-investor allocations—typically under $250,000—rather than institutional lead checks. There is no evidence of Series A or later participation.
Which sectors does Labo explicitly avoid?
Labo has not published a negative sector screen. Observed behavior shows no investment in consumer social, hard-tech hardware, or biotech—the portfolio hews tightly to B2B software, developer infrastructure, and applied AI, reflecting Prince's own domain expertise.
How is Labo related to Cloudflare, and are there conflict considerations?
Labo is Matthew Prince's personal entity and is separate from Cloudflare. No Labo portfolio company has been publicly acquired by Cloudflare, but the structural adjacency—Prince investing in infrastructure startups while running a public infrastructure company—is disclosed in Cloudflare's SEC filings and monitored under the company's related-party transaction policies.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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