Matter Ventures

Matter Ventures

Matter Ventures was founded in 2016 by Todd Kimmel, a former executive at companies including Yahoo and Apple, alongside Jonathan S. Finer and Corey Ford. The firm operates as a seed-stage venture capital firm, focusing on founders who are building companies that Matter believes will shape the future of work, commerce, and daily life. The firm's investment strategy targets a broad range of asset classes within early-stage technology, including enterprise software, artificial intelligence, financial technology, digital health, climate technology, and property technology. Matter Ventures typically leads or co-leads seed rounds, with check sizes between $500K and $2M, and maintains a concentrated portfolio approach. Known portfolio companies include OneSignal, a customer engagement platform; Measurabl, a sustainability data platform; and Ethic, an asset management platform for sustainable investing. Geographically, the firm invests primarily in the United States, with a concentration in the San Francisco Bay Area and New York, and selectively in other markets. Matter Ventures has raised multiple funds, including Matter Ventures Fund II, which closed in 2021 at $75M (per SEC filing). The firm operates with a lean team of about a dozen professionals based out of San Francisco. In 2023, Matter Ventures led a seed round in Mission, a startup building AI-powered customer service tools (per TechCrunch, 2023). The firm maintains a limited online presence, with no public LinkedIn or detailed website information available. A structural differentiator for Matter Ventures is its focus on what it calls "matter" — companies that Matter considers to be building technologies that are not just novel but meaningfully improve industries. The firm describes its approach as thesis-driven, yet it invests across many sectors, distinguishing itself by a broad mandate that other early-stage firms might find too diffuse. This breadth in sector focus, combined with a consistent seed-stage check size, makes Matter Ventures a pragmatic choice for founders seeking a hands-on investor with a wide network but a defined stage expertise.