Region
Companies in Massachusetts
VCMC tracks 25,185 companies based in Massachusetts. 1,247 of them have raised a venture or growth round, $102.51B in total, with a median round of $20M; 477 raised since 2024. 1,196 of the 1,247 have a VCMC valuation; the median is $116M.
25,185
companies tracked
1,247
venture-backed
5% of those tracked
$102.51B
raised in total
by 1,191 companies
$20M
median round
of 2,004 rounds with an amount
$116M
median valuation
of 1,196 companies valued
Values cover private companies only; public companies are not included.
By their latest round, most are at Series C or later (364 of 1,247).
- Pre-seed 27
- Seed 270
- Series A 335
- Series B 246
- Series C and later 364
- Stage not stated 5
The companies
Companies in Massachusetts
The 50 venture-backed companies below are this page's list; Flagship Pioneering has raised the most ($3.60B).
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Flagship Pioneering Biotechnology | Growth Equity Jul 2024 $3.60B | $45.6B | $16.1B – $69.4B | $29.0B (-36%) | $4.1B | 0% | 821 | up | C | |
| 2 | Swift Current Energy Wind Energy Equipment & Services | Debt Aug 2026 $750M | $3.0B | $2.0B – $4.5B | $3.1B (+3%) | $283M | 0% | 117 | flat | B | |
| 3 | Thrasio Online Marketplace | Series D Oct 2021 $1.00B | $593M | $282M – $2.4B | $592M (0%) | $644M | 97% | 259 | shrinking | D | |
| 4 | Commonwealth Fusion Systems Electric Supplies & Power Generation | Series C Jul 2026 $1.00B | $9.8B | $6.5B – $16.9B | $11.9B (+22%) | $1.3B | 0% | 1,114 | flat | B | |
| 5 | Snyk Tech Companies | Series G Dec 2022 $197M | $4.7B | $1.6B – $12.0B | $3.8B (-19%) | $1.1B | 50% | 1,714 | up | D | |
| 6 | Red Stone Equity Partners Real Estate Investment | Growth Equity Feb 2025 $1.43B | $18.2B | $8.7B – $27.7B | $18.2B (0%) | $1.6B | 0% | 117 | up | B | |
| 7 | DataRobot Tech Companies | Series G Jul 2021 $300M | $2.6B | $460M – $8.0B | $2.3B (-11%) | $855M | 48% | 868 | flat | D | |
| 8 | ElevateBio Pharmaceutical Products | Series D May 2023 $401M | $2.4B | $693M – $9.9B | $1.7B (-30%) | $720M | 79% | 450 | down | D | |
| 9 | Cerevel Pharmaceutical Products | Debt Aug 2022 $300M | $755M | $100M – $2.4B | $679M (-10%) | $151M | 46% | 140 | unknown | D | |
| 10 | Vineyard Wind Wind Energy Equipment & Services | Growth Equity Oct 2023 $1.20B | $4.4B | $2.4B – $11.2B | $2.5B (-45%) | $1.2B | 97% | 77 | shrinking | C | |
| 11 | Indigo Ag Chemicals | Growth Equity Sep 2023 $250M | $2.0B | $424M – $4.2B | $1.8B (-13%) | $264M | 21% | 1,318 | flat | D | |
| 12 | Azurity Pharmaceuticals Pharmaceutical Products | Growth Equity Mar 2026 $1.10B | $13.3B | $8.4B – $21.3B | $14.0B (+6%) | $1.3B | 0% | 1,062 | growing | B | |
| 13 | Cornerstone Robotics Medical Supply Manufacturers | Growth Equity Sep 2026 $700M | $4.5B | $3.1B – $6.9B | $4.9B (+9%) | $438M | 0% | 63 | unknown | B | |
| 14 | Kailera Therapeutics Pharmaceutical Products | Series B Oct 2025 $600M | $5.5B | $2.6B – $7.8B | $5.5B (0%) | $608M | 0% | 26 | unknown | B | |
| 15 | Buyers Edge Platform Tech Companies | Debt May 2024 $560M | $5.7B | $1.8B – $8.6B | $4.8B (-15%) | $510M | 0% | 625 | up | C | |
| 16 | WHOOP Medical Supply Manufacturers | Series G Mar 2026 $575M | $12.1B | $8.8B – $15.9B | $13.8B (+14%) | $1.5B | 0% | 1,649 | growing | A | |
| 17 | Perk Tech Companies | Debt Sep 2026 $34M | $3.6B | $1.6B – $4.2B | $3.5B (-1%) | $402M | 4% | 49 | flat | B | |
| 18 | Cambridge Mobile Telematics Tech Companies | Growth Equity Mar 2026 $350M | $4.0B | $2.6B – $6.3B | $3.8B (-5%) | $385M | 37% | 467 | flat | B | |
| 19 | Ascend Elements Batteries | Series D Sep 2023 $460M | $992M | $532M – $3.3B | $608M (-39%) | $486M | 97% | 130 | shrinking | C | |
| 20 | Electric Hydrogen Industrial Machinery & Supplies | Debt May 2024 $50M | $470M | $228M – $1.5B | $315M (-33%) | $139M | 92% | 294 | down | C | |
| 21 | Inari Biotechnology | Growth Equity Jan 2025 $144M | $1.4B | $738M – $2.5B | $1.0B (-26%) | $167M | 71% | 495 | down | C | |
| 22 | Emeritus Professional & Management Training | Series E Aug 2021 $650M | $5.5B | $366M – $6.3B | $5.5B (0%) | $602M | 0% | 1,600 | unknown | D | |
| 23 | Spindrift Beverages & Refreshments | Growth Equity Jan 2025 $650M | $7.7B | $2.9B – $12.0B | $7.5B (-3%) | $715M | 7% | 233 | flat | C | |
| 24 | LifeMine Biotechnology | Series E Aug 2026 $263M | $2.0B | $1.4B – $2.9B | $1.9B (-8%) | $288M | 97% | 32 | shrinking | B | |
| 25 | Wasabi Hosting & Cloud Infrastructure Providers | Debt Apr 2026 $250M | $2.0B | $1.6B – $2.3B | $2.0B (+2%) | $181M | 0% | 592 | flat | A | |
| 26 | VulcanForms Metal Fabrication Services | Series D Jan 2026 $220M | $3.5B | $1.9B – $5.8B | $3.8B (+9%) | $423M | 0% | 303 | growing | B | |
| 27 | Tessera Therapeutics Biotechnology | Grant Oct 2025 $41M | $420M | $206M – $1.8B | $361M (-14%) | $437M | 97% | 210 | shrinking | D | |
| 28 | Nimbus Therapeutics Pharmaceutical Products | Growth Equity Sep 2023 $210M | $1.2B | $283M – $2.9B | $1.0B (-14%) | $197M | 28% | 102 | flat | D | |
| 29 | Transmit Security Tech Companies | Series A Jun 2021 $543M | $2.7B | $177M – $4.2B | $2.5B (-8%) | $639M | 5% | 325 | flat | D | |
| 30 | Motional Automobile Dealers & Manufacturers | Growth Equity May 2024 $475M | $4.1B | $1.6B – $8.1B | $3.3B (-20%) | $486M | 41% | 1,009 | up | C | |
| 31 | OneStudyTeam Tech Companies | Series D Apr 2022 $220M | $3.2B | $341M – $6.3B | $3.0B (-8%) | $686M | 8% | 78 | flat | D | |
| 32 | Devo Tech Companies | Series F Jun 2022 $100M | $397M | $165M – $3.0B | $337M (-15%) | $286M | 97% | 497 | down | D | |
| 33 | Hometap Loans & Financing | Growth Equity Dec 2025 $50M | $605M | $366M – $932M | $612M (+1%) | $55.1M | 0% | 295 | flat | B | |
| 34 | Sail Biomedicines Pharmaceutical Products | Growth Equity Jul 2026 $465M | $5.2B | $3.4B – $8.1B | $5.0B (-3%) | $512M | 67% | 108 | flat | B | |
| 35 | Abcuro Pharmaceutical Products | Series D Aug 2026 $66M | $826M | $542M – $1.3B | $770M (-7%) | $118M | 97% | 36 | shrinking | B | |
| 36 | eGenesis Biotechnology | Series D Sep 2024 $191M | $3.3B | $1.3B – $5.1B | $2.3B (-30%) | $368M | 0% | 154 | up | C | |
| 37 | Salsify Tech Companies | Series F Apr 2022 $200M | $1.3B | $147M – $2.7B | $1.2B (-8%) | $286M | 14% | 587 | flat | D | |
| 38 | Biofourmis Tech Companies | Series D Apr 2022 $300M | $229M | $139M – $623M | $192M (-16%) | $186M | 97% | 107 | shrinking | C | |
| 39 | Tomorrow.io Tech Companies | Series F May 2026 $35M | $491M | $289M – $870M | $572M (+16%) | $62.9M | 0% | 227 | flat | B | |
| 40 | DTiQ Alarms, Surveillance & Security Systems | Growth Equity Oct 2024 $145M | $1.8B | $585M – $2.8B | $1.4B (-21%) | $165M | 2% | 403 | flat | C | |
| 41 | Starburst Tech Companies | Series D Feb 2022 $250M | $2.6B | $282M – $4.9B | $2.5B (-6%) | $515M | 16% | 530 | flat | D | |
| 42 | Preply Language & Speaking Schools | Series D Jan 2026 $150M | $1.6B | $1.0B – $1.9B | $1.7B (+9%) | $186M | 0% | 19,648 | growing | B | |
| 43 | Tech Companies | Growth Equity Jun 2021 $230M | $2.3B | $170M – $4.8B | $2.2B (-2%) | $312M | 8% | 416 | flat | D | |
| 44 | Tech Companies | Growth Equity Jan 2025 $30M | $367M | $171M – $558M | $367M (0%) | $33.0M | 0% | 471 | up | B | |
| 45 | Tech Companies | Series D Feb 2022 $200M | $602M | $131M – $2.4B | $563M (-7%) | $243M | 59% | 73 | down | D | |
| 46 | Tech Companies | Growth Equity Jun 2022 $52M | $726M | $159M – $2.0B | $680M (-6%) | $135M | 63% | 815 | down | D | |
| 47 | Tech Companies | Growth Equity Apr 2025 $107M | $1.4B | $801M – $2.1B | $1.4B (-2%) | $127M | 4% | 161 | growing | B | |
| 48 | Tech Companies | Acquisition Sep 2020 $2.00B | $1.3B acquired 2020 | $191M – $2.0B | – | – | 0% | – | unknown | D | |
| 49 | MatrixSpace Tech Companies | Series B Oct 2025 $20M | $227M | $107M – $322M | $227M (0%) | $25.0M | 0% | 100 | growing | B | |
| 50 | Pear Bio Biotechnology | Series A May 2023 $14M | $16.7M | $8.64M – $48.6M | $10.5M (-37%) | $16.1M | 97% | 9 | shrinking | C |
Showing 50 of 25,185. Load more lists every other company here, 50 at a time.
Valuations
How these companies are valued
1,196 of the 1,247 venture-backed companies here have a VCMC valuation; the median is $116M. A company acquired after its last round keeps its last value as a private company and is left out of the median. 95 companies have disclosed a valuation; for the rest VCMC's valuation is the only number. Each valuation comes with a range, from a low to a high scenario, and a prediction for a year from now. Values cover private companies only; public companies are not included. How VCMC values companies.
Investors
Who backs them
Firms that backed two or more of these companies. GV backed 39, Alexandria Venture Investments 38.
- GV 39 companies, led 5
- Alexandria Venture Investments 38 companies, led 1
- General Catalyst 36 companies, led 15
- 34 companies, led 12
- 33 companies, led 11
- Insight Partners 32 companies, led 23
- Invus 29 companies, led 1
- ARCH Venture Partners 28 companies, led 6
- 27 companies, led 5
- Y Combinator 20 companies, led 1
- 19 companies, led 7
- 19 companies, led 7
Recent rounds
Latest funding
183 rounds from Oct 2025 to Sep 2026, $13.29B with a disclosed amount.
- Series C, led by Ligand Pharmaceuticals $41M 24 Sep 2026
- Growth, led by Catalio Capital Management $45M 20 Sep 2026
- Growth, with Parker89 and Stackpoint $18M 17 Sep 2026
- Series A, led by Leaps by Bayer amount not disclosed 17 Sep 2026
- Series A, led by Neon $16M 16 Sep 2026
- Series A, with Shorewind Capital and Great Oaks Venture Capital $10M 15 Sep 2026
- Seed $1.8M 10 Sep 2026
- Growth, led by Unless $31M 10 Sep 2026
- Series B, led by Catalus Capital amount not disclosed 9 Sep 2026
- Series B, led by BVF Partners, L.P. $60M 3 Sep 2026
- Cornerstone Robotics Growth, with Medtronic $700M 2 Sep 2026
- Series D, with IAG Capital Partners and Elevage Medical Technologies $55M 2 Sep 2026
Browse
Related groups
Other regions in United States
Questions
Frequently asked
How many companies in Massachusetts does VCMC track?
25,185. 1,247 of them have raised a venture or growth round.
How much have companies in Massachusetts raised?
$102.51B in total across the 1,191 with a known amount; the median round is $20M. 477 raised a round since 2024.
Which companies in Massachusetts have raised the most?
Flagship Pioneering ($3.60B), Swift Current Energy ($2.63B), Thrasio ($2.51B).
Which investors back companies in Massachusetts most often?
GV (39 companies), Alexandria Venture Investments (38 companies), General Catalyst (36 companies).
What are companies in Massachusetts worth?
The median VCMC valuation is $116M across 1,196 companies; companies acquired after their last round are left out. Values cover private companies only; public companies are not included.
What was the latest funding round?
AvenCell raised a Series C round of $41M (Sep 2026), led by Ligand Pharmaceuticals.