Recent news from our
‍portfolio and fund

Congrats to the Branch team for being named “Best Payment Enablement Platform” by the FinTech Breakthrough Awards 2025. This achievement recognizes their commitment to delivering fast, seamless payments experiences for workforces across industries.

We are thrilled to share that Chirag Patel was honored in the Leaders in Excellence category for his outstanding contributions to the supply chain and logistics industry.

Congratulations to the Intelligems team on raising a $9 million series A led by Stage 2 Capital! Over the last few years they’ve evolved from price testing to a profit growth platform. We are excited to see their mission to allow ecommerce companies to make profit-maximizing decisions across every touch point on their site — be it pricing, discounting, shipping, merchandising, or customer experience take flight.

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We are thrilled to congratulate Broadlume (Matchstick Fund I) on joining forces with Cyncly to accelerate the development of an all-in-one software platform for the flooring industry. We believe this strategic acquisition will streamline operations, unlock new growth opportunities, and build more profitable flooring businesses. 

Matchstick Ventures is proud to support Warmly as they secure an additional $6 million in their Series A+ funding round, led by RTP Global, bringing their total Series A funding to $17 million. We are confident that Warmly's AI-fueled pipeline acceleration platform will continue to empower SMB-sized B2B companies to identify and engage their warmest leads, driving significant revenue gains.

The maternal health crisis in the United States is alarming, demanding innovation, determination, and a commitment to equitable care solutions. Delfina has stepped up to this challenge with its mission to transform maternal health outcomes with AI-powered care. Today, we proudly announce our $17 million Series A, led by US Venture Partners (USVP). This milestone represents a pivotal moment in our mission to create a safer, healthier future for expecting parents and their babies.

I’m thrilled to announce a transformative milestone for Precog: the successful close of our investment round, led by Boston-based Venture Guides. This partnership marks a pivotal step in their mission to solve the data integration problem once and for all. Venture Guides is the ideal partner for Precog, and we couldn’t be more excited about what lies ahead.

Minneapolis software firm Kipsu Inc. debuts on the Business Journal's 2024 Fast 50 list at No. 29. The company reported 2023 revenue of nearly $13.7 million, representing an increase of 66.12% from 2021.

Introducing the Businesses Proven to Help Other Companies Succeed

Every one of the 359 companies on this list offers a best-in-class product and service and will make running your business easier and better.

Are you an entrepreneur looking for the perfect place to launch your startup? While Silicon Valley and the East Coast have long been the go-to destinations for new businesses, times are changing. Today, exciting opportunities are popping up all across the United States.

Let’s explore some of the best cities for startups in 2024, focusing on locations outside the traditional tech hubs.

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Entrepreneurs once flocked to Motor City to build cars. Now, they’re building its mobility future.

Soona is changing the game for how brands create visual assets, but CEO Liz Giorgi has faced her fair share of challenges–and made her fair share of mistakes.

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Collaboration Delivers Greater Payment Choice, Financial Wellness Tools, and More Flexibility to Temporary Workers

Key benefits of the partnership include:

• Same Day Pay: Workers can access up to 50% of their earnings on the same day they complete work at no cost via the Branch App, reducing financial stress and providing greater control over their personal finances.
• Fee-Free Digital Banking: The Branch App offers a digital wallet backed by a fee-free bank account* and Mastercard debit card along with free ATM options so that Flexers can eliminate traditional banking fees and have another direct deposit option.
• Financial Management Tools: Branch provides a suite of financial wellness tools, including cashback rewards, cash flow insights, and a marketplace for additional personal financial solutions, to help workers manage their finances more effectively.
• Enhanced Flexibility: The payments partnership aligns with Indeed Flex's commitment to empowering job seekers with control over work opportunities, ensuring that workers have the financial flexibility to match their work arrangements.

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Frate, a Toronto, Canada-based startup transforming the retail returns process, raised CAD$3.6M in Seed funding. The round was led by Matchstick Ventures with participation from 2048 Ventures (NYC), Whitecap Venture Partners (Toronto), Closed Loop Venture Partners (NYC), and BeSer Ventures (San Francisco). The company intends to use the funds to expand operations and its development efforts. We co-led the Pre-Seed round in Frate.

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Two Boxes, the best way for brands and 3PLs to streamline returns and capture critical data from the process, has successfully raised $5.3 million. The oversubscribed funding round led by Peterson Ventures and saw participation from new investor Assembly Ventures, alongside renewed support from existing backers Vinyl, Range Ventures, and Matchstick Ventures. With more than one million returns processed to date, the company is a proven logistics solution. We led the Pre-Seed round and are super excited about their progress.