Montage Ventures

Montage Ventures is a seed stage VC firm focused on technology investments across FinTech, Healthcare and Commerce.

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2025	Eoliann	$5.0M Seed	—	Primo Ventures
Sep 1, 2025	Reserv	$16.0M Series B	—	Altai Ventures, Alumni Ventures, Bain Capital Ventures, Beat Ventures, DVx Ventures, Flourish Ventures, Greylock, Lightspeed India Partners, Madrona Ventures, QBE Ventures, Social Capital, Trucks Venture Capital, True Ventures, Upfront Ventures, Allison Pickens (Allison Pickens Ventures), Do Kwon, Josh Elman, Marc Benioff
Aug 1, 2025	Tahoe Therapeutics	$30.0M Series A	—	Amplify Partners, Cisco Investments, Eclipse Ventures, Felicis Ventures, First Round Capital, Founder Collective, General Catalyst, Harmonix Fund, M12, Meritech Capital Partners, Msd Capital, Next47, Yousuf Khan, Wing Venture Capital, Ayman AlAbdallah, Mike Vernal
Jun 1, 2025	Inclined Technologies	$8.0M Series B	—	75 & Sunny, 7BC Venture Capital, Alumni Ventures, Cream City Venture Capital, Moderne Ventures, Mouro Capital, QED Investors, Rubicon VC, Viola Ventures
Jun 1, 2025	Reserv	$25.0M Series B	—	Altai Ventures, Alumni Ventures, Bain Capital Ventures, Beat Ventures, DVx Ventures, Flourish Ventures, Greylock, Lightspeed India Partners, Madrona Ventures, QBE Ventures, Social Capital, Trucks Venture Capital, True Ventures, Upfront Ventures, Allison Pickens (Allison Pickens Ventures), Do Kwon, Josh Elman, Marc Benioff
May 1, 2025	Owner	$120.0M Series C	—	AirAngels, Alt Capital, Alumni Ventures, Antler, Balderton Capital, Better Tomorrow Ventures, Blu Venture Investors, Browder Capital, C2 Investment, Caffeinated Capital, Citi Ventures, Conversion Capital, CP Ventures, FJ Labs, Footprint Coalition, Forgepoint Capital, Foundation Capital, Founders Fund, FTX Ventures, Hercules Capital, Ignition Partners, Jetstream, Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Meritech Capital Partners, Mischief Venture Capital, Oyster Ventures, Pareto Holdings, Redpoint Ventures, Roble Ventures, Saga, Sapphire Ventures, Sequoia Capital, Summit Partners, Susa Ventures, TCV, TechAviv Founder Partners, The Hit Forge, True Ventures, Y Combinator, Aaron Levie, Adam D'Angelo, Amjad Masad, Azeem Azhar, Christina Cacioppo, Claire Hughes Johnson, Dharmesh Shah, Dylan Field, Fidji Simo, Gokul Rajaram, Hippolyte Genet, Immad Akhund, Jason Lemkin, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Kyle Vogt, Larry Summers, Mark Gillespie, Matt Macinnis, Max Mullen, Nik Sharma, Parker Conrad, Sagi Paz, Scott Belsky, Sean Rad, Siqi Chen, William Hockey
Feb 1, 2025	Ignota Labs	$7.0M Seed	—	Alumni Ventures, Beat Ventures, Flourish Ventures, Greylock, Harmonix Fund, Lightspeed India Partners, Social Capital, Trucks Venture Capital, True Ventures, Upfront Ventures, Do Kwon, Josh Elman
Dec 1, 2024	Freshcon	$230K Seed	—	Alumni Ventures, Antler, Balderton Capital, Citi Ventures, Footprint Coalition, Foundation Capital, Ignition Partners, Pioneer Fund, Redpoint Ventures, Roble Ventures, Hippolyte Genet
Dec 1, 2024	Justt	$30.0M Series C	—	Euclid Ventures, Krillion Ventures, KRM Interests LLC, Maveron, Menlo Ventures, PruVen Capital, SoftBank Investment Advisers, Ulu Ventures, Zeev Capital, Dmitry Dakhnovsky, Jason Stomel, Louis Beryl, Omar El-Ayat, Oren Dobronsky
Dec 1, 2024	9fin	$50.0M Series B	—	Ferguson Ventures, Founder Collective, MetaProp Ventures, MMC Ventures, Pillar VC, Redalpine Venture Partners, Spark Capital, Carl Bass, Chase Gilbert, Jeff Seibert, Paul Forster, Ralph Gootee, Scot Wingo, Wayne Chang
Sep 1, 2024	CardiaTec Biosciences	$7.0M Seed	—	Ferguson Ventures, Founder Collective, MetaProp Ventures, Pillar VC, Spark Capital, Carl Bass, Chase Gilbert, Jeff Seibert, Ralph Gootee, Scot Wingo, Wayne Chang
Aug 1, 2024	HomeLight	$20.0M Series D	—	Ballistic Ventures, Beringea, Bling Capital, Curious Capital, DCM, Euclid Ventures, Greylock, Insight Partners, Krillion Ventures, KRM Interests LLC, Matrix, Maveron, Menlo Ventures, NewView Capital, Precursor Ventures, PruVen Capital, Scale Venture Partners, SoftBank Investment Advisers, SOSV, Stellation Capital, Ulu Ventures, Uncork Capital, Zeev Capital, Deborah Liu, Dmitry Dakhnovsky, Dominik Richter, Jason Stomel, Louis Beryl, Mike Krieger, Nick Caldwell, Omar El-Ayat, Oren Dobronsky, Rob Hodgkinson
Aug 1, 2024	Siepe	$30.0M Series B	—	Cota Capital, Founders Fund, Hanaco Ventures, Haymaker Ventures, Helium-3 Ventures, Plug & Play Ventures, QED Investors, Sparrows, Streamlined Ventures, WestCap, Harris Barton, Matt Bellamy, Roger Bamford, Sean Bill
May 1, 2024	Revolv Space	$3.0M Seed	—	Primo Ventures
May 1, 2024	Ndustrial	$19.0M Series B	—	Clean Energy Ventures, Ferguson Ventures, Founder Collective, MetaProp Ventures, Microsoft, National Grid Partners, Pillar VC, Spark Capital, Carl Bass, Chase Gilbert, Jeff Seibert, Ralph Gootee, Wayne Chang
Feb 1, 2024	Higharc	$53.0M Series B	—	Blackbird Ventures Australia, Cherry Ventures, Ferguson Ventures, Founder Collective, Hitachi Ventures, MetaProp Ventures, Pillar VC, Spark Capital, Carl Bass, Chase Gilbert, Jeff Seibert, Peter Beck, Ralph Gootee, Scot Wingo, Wayne Chang
Jan 1, 2024	Owner	$33.0M Series B	—	Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Alumni Ventures, Andreessen Horowitz, Antler, Balderton Capital, Benchmark, Better Tomorrow Ventures, Browder Capital, C2 Investment, Caffeinated Capital, Citi Ventures, Conversion Capital, CP Ventures, E1 Ventures, Jenny Fielding, Scott Hartley, FJ Labs, Footprint Coalition, Foundation Capital, Founders Fund, Framework Ventures, FTX Ventures, Greylock, HOF Capital, Ignition Partners, Kindred Ventures, LGF, Meritech Capital Partners, Mischief Venture Capital, Nexus Venture Partners, Oyster Ventures, Pantera Capital, Paradigm, Pareto Holdings, Redpoint Ventures, Roble Ventures, Saga, Seed Club Ventures, Sequoia Capital, SRB Ventures, Stratus Ventures, Summit Partners, Susa Ventures, Sweater Ventures, TCV, Techstars, The Hit Forge, Uncork Capital, Weekend Fund, Y Combinator, Aaron Levie, Adam D'Angelo, Akshay Kothari, Amjad Masad, Arash Ferdowsi, Azeem Azhar, Balaji Srinivasan, Brian Goldsmith, Charlie Cheever, Christina Cacioppo, Claire Hughes Johnson, Dharmesh Shah, Dylan Field, Fidji Simo, Frederic Kerrest, Gokul Rajaram, Guillermo Rauch, Hippolyte Genet, Immad Akhund, Jason Lemkin, Jawed Karim, John Collison, Jonathan Neman, Joshua Reeves, Julia Hartz, Julian Shapiro, Justin Mateen, Kyle Vogt, Larry Summers, Mark Cuban, Mark Gillespie, Matt Macinnis, Max Mullen, Michael Chow, Nik Sharma, Parker Conrad, Scott Belsky, Sean Rad, Siqi Chen, Suhail Doshi, Tobias Lutke, William Hockey
Sep 1, 2023	arnata	$7.0M Seed	—	AME Cloud Ventures, Hardware Club, Highland Capital Partners, Industry Ventures, Pareto Holdings, Streamlined Ventures, Alex Ferber
Aug 1, 2023	Treehouse	$10.0M Series A	—	Acrew Capital, Anthemis Group, Corazon Capital, In-Q-Tel, Kamay Ventures, LombardStreet Ventures, Maven Ventures, Notion Capital, OS Fund, OurCrowd, Prototype Capital, Range VC, Trucks Venture Capital, Preetha Parthasarathy
Aug 1, 2023	AnthologyAI	$15.0M Series A	—	Acrew Capital, AME Cloud Ventures, Hardware Club, Highland Capital Partners, Industry Ventures, MS&AD Ventures, Next Level Ventures, NextView Ventures, Propel Venture Partners, Reach Capital, Streamlined Ventures
Jul 1, 2023	Leverage	$3.0M Series A	—	AAF Management Ltd., AME Cloud Ventures, Amplo, Chaac Ventures, GPO Fund, Hardware Club, Plug & Play Ventures, Revolution, Visionaire Ventures, Winklevoss Capital, Janis Krums, Key Compton, Tom Monahan
Jun 1, 2023	AptEdge	$11.0M Seed	—	Alumni Ventures, At One Ventures, Jenny Fielding, Scott Hartley, National Grid Partners, Otherwise Fund, Stage 2 Capital, Y Combinator, Alain Hanover, Bill Gates, Chad Nitschke
Apr 1, 2023	Ynsect	$180.0M Series D	—	Alumni Ventures, Antler, Balderton Capital, Citi Ventures, Footprint Coalition, Foundation Capital, Ignition Partners, Redpoint Ventures, Roble Ventures, Hippolyte Genet
Apr 1, 2023	Flow Specialty (Previously Capitola)	$16.0M Series A	—	Acrew Capital, at.inc/, Blank Ventures, Fuel Capital, MS&AD Ventures, SV Angel, Ulu Ventures, Antoine Nivard, Leah Busque, Nola Masterson
Mar 1, 2023	Bacu	$6.0M Seed	—	Atomico, Benchstrength, Bessemer Venture Partners, Canary Ventures, Converge Venture Partners, Corazon Capital, Craft Ventures, CRV, Defy Partners, Dimension Capital, Jenny Fielding, Scott Hartley, Fitz Gate Ventures, Flybridge Capital Partners, Kamay Ventures, M13, Maven Ventures, monashees, OurCrowd, Red Swan Ventures, RTP Global, Sinai Ventures, Andreas Ehn, Felipe Villamarin, Juan Pablo Ortega, Pablo Viguera, Preetha Parthasarathy, Simon Borrero

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Montage Ventures.

Leadership Team

Key people at Montage Ventures.

Deep Dive

# Montage Ventures: Shaping the Future of Early-Stage Tech

High-Level Overview

Montage Ventures is an early-stage venture capital firm founded in 2013, with a mission to empower radical thinkers and technical founders who are redefining industries in financial services, healthcare, and commerce. The firm’s investment philosophy centers on deep collaboration, prioritizing relationship-building and hands-on operational support to help startups scale from infancy to sustainable growth. Montage specializes in seed and Series A investments, focusing on transformative sectors such as fintech, insurtech, health tech, e-commerce, proptech, and artificial intelligence. With a portfolio of 89 investments and 11 successful exits, Montage has become a key catalyst in the startup ecosystem, known for its strategic guidance, extensive network, and commitment to driving innovation in high-impact verticals.

Origin Story

Montage Ventures was established in 2013 in Menlo Park, California, by a team of seasoned investors with deep roots in technology and healthcare. The firm’s founding partners brought a combined experience of leading over 30 deals across North America and Europe, with a strong emphasis on early-stage opportunities. From the outset, Montage set out to differentiate itself by adopting an operator-first approach—prioritizing close partnerships with founders and providing active, value-added support beyond capital. Over the years, the firm has evolved its focus to include emerging trends in fintech, commerce, and health tech, while maintaining its core commitment to backing visionary entrepreneurs and fostering innovation in underserved markets.

Core Differentiators

Unique Investment Model: Montage combines data-driven decision-making with a hands-on, collaborative approach, ensuring founders receive tailored support at every stage of growth.
Network Strength: The firm leverages a robust network of strategic limited partners (LPs), industry experts, and advisors to connect portfolio companies with key resources, talent, and customers.
Track Record: With 89 investments and 11 exits, Montage has consistently delivered strong returns and helped shape the trajectory of leading startups in fintech, health tech, and commerce.
Operating Support: Montage is known for its active involvement, from helping recruit executives and board members to facilitating customer introductions and strategic partnerships.
Sector Focus: The firm’s deep expertise in fintech, healthcare, and commerce allows it to provide nuanced guidance and unlock opportunities in rapidly evolving markets.

Role in the Broader Tech Landscape

Montage Ventures is riding the wave of digital transformation in financial services, healthcare, and commerce—sectors undergoing rapid disruption due to advances in AI, machine learning, and digital platforms. The timing is critical, as consumers and businesses increasingly demand more accessible, efficient, and personalized solutions. Montage’s focus on early-stage innovation positions it at the forefront of these trends, enabling it to back startups that are shaping the future of how people interact with money, health, and commerce. By fostering a collaborative ecosystem and supporting technical founders, Montage is helping to accelerate the adoption of new technologies and drive meaningful change across industries.

Quick Take & Future Outlook

Montage Ventures is poised to continue its leadership in early-stage investing as the demand for innovative fintech, health tech, and commerce solutions grows. The firm’s hands-on approach, strong network, and sector expertise will remain key advantages in a competitive landscape. As emerging technologies like AI and blockchain mature, Montage is well-positioned to back the next generation of startups that will redefine these industries. The firm’s influence is likely to expand, not just through new investments, but by shaping the broader ecosystem through mentorship, strategic partnerships, and thought leadership. Montage’s story is a testament to the power of collaboration and vision in driving technological progress—and its journey is far from over.

Sources

# Montage Ventures: Shaping the Future of Early-Stage Tech

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Montage combines data-driven decision-making with a hands-on, collaborative approach, ensuring founders receive tailored support at every stage of growth.
Network Strength: The firm leverages a robust network of strategic limited partners (LPs), industry experts, and advisors to connect portfolio companies with key resources, talent, and customers.
Track Record: With 89 investments and 11 exits, Montage has consistently delivered strong returns and helped shape the trajectory of leading startups in fintech, health tech, and commerce.
Operating Support: Montage is known for its active involvement, from helping recruit executives and board members to facilitating customer introductions and strategic partnerships.
Sector Focus: The firm’s deep expertise in fintech, healthcare, and commerce allows it to provide nuanced guidance and unlock opportunities in rapidly evolving markets.