About 2M Companies
2M Companies is a family office founded in 1985. It is primarily based out of South Hutchinson, United States. As of Apr 2026, 2M Companies has invested in 38 companies. It primarily invests in Seed round in United States based companies. Its investments are spread across a wide range of sectors from Enterprise Applications, Life Sciences. Its latest investment was a $285K Seed round in TimBuckDo on Sep 09, 2025 along with Nandkishore Kalambi.
Overall, 2M Companies portfolio has seen 2 IPOs and 12 acquisitions including key companies like Rackspace, Picmonic and Lucidchart. A lot of funds co-invest with 2M Companies, with names like Next Frontier Capital sharing a substantial percentage of its portfolio.
2M Companies has a team of 5 people including 3 partners.
Key Metrics
Founded Year
1985
Location
South Hutchinson, United States
Sectors of Investment
Stages of Investment
Seed, Series A & 1 more
Locations of Investment
2M Companies' List of Top Investments
2M Companies has a portfolio of 38 companies. Their most notable investments are in Elemental Machines and Next Wave Connect.Their portfolio spans across United States, India, China and 1 more locations. They have invested in Enterprise Applications, Life Sciences, Consumer and 17 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by 2M Companies:1. Rackspace
Provider of multicloud solutions, AI, data, and cybersecurity and resilience. The company delivers cloud adoption and migration, application modernization, and data management. It offers services such as consulting, professional services, and managed services. The company provides solutions across various platforms, including cloud, email, and applications.
Key facts about Rackspace
- Founded Year: 1998
- Location: San Antonio (United States)
- Annual Revenue: $1.05B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $17.8M
- Employee Count: 7,240 as on Jan 12, 2026
- Investors: RocketSpace, Red Hat and 12 Others
- Latest Funding Round: Post IPO, Nov 03, 2016, $*****
- Highlight: Public
2. Picmonic
Visual learning tool boosting test scores with memorable mnemonics. It is an audio-visual learning platform that transforms complex information into unforgettable images and stories, scientifically proven to increase memory retention. It offers a SaaS model with a subscription for students and educators in medicine, nursing, and healthcare fields. The platform utilizes mnemonic generators, spaced repetition, and community content to enhance learning. It covers a comprehensive range of subjects, providing study aids, quizzes, and customizable learning experiences. The platform offers features like login, account creation, and a mobile app for on-the-go study. It aims to make learning fun and accessible, empowering students to unlock their potential through visual learning.
Key facts about Picmonic
- Founded Year: 2011
- Location: Tucson (United States)
- Stage: Acquired
- Total Funding till date: $7.13M
- Employee Count: 33 as on May 03, 2025
- Investors: Brookstone Venture Capital, Arizona Commerce Authority and 6 Others
- Latest Funding Round: Series A, Jul 26, 2017, $*****
- Highlight: Acquired
3. Lucidchart
Provider of visual collaboration software for diagramming, whiteboarding, and product management. It offers tools for intelligent diagramming and virtual whiteboarding. The platform provides solutions for digital transformation, cloud migration, and agile methodologies. It serves various teams, including IT, engineering, product, project management, and operations. The software integrates with multiple applications.
Key facts about Lucidchart
- Founded Year: 2009
- Location: Salt Lake City (United States)
- Stage: Series C
- Total Funding till date: $114M
- Employee Count: 956 as on Dec 31, 2022
- Investors: Glynn Capital, Meritech and 8 Others
- Latest Funding Round: Series C, Oct 17, 2018, $*****
- Highlight: Editors' Pick
Developer of small molecule drugs for neurodegenerative diseases. The company uses a proprietary screening technique to identify molecules capable of blocking toxic oligomeric proteins that cause the disease. It develops a pipeline for Alzheimer's, dementia, and Synucleinopathies.
Key facts about Cognition Therapeutics
- Founded Year: 2007
- Location: Pittsburgh (United States)
- Stage: Public
- Total Funding till date: $36.1M
- Employee Count: 25 as on Dec 31, 2022
- Investors: iNetworks, Richard King Mellon Foundation and 28 Others
- Latest Funding Round: Grant (prize money), Sep 27, 2022, $*****
- Highlight: Public
5. Answers
Answers is a social Q&A community where users can ask general questions on any topic and seek answers from other members. It allows users to create community discussion forums. It has a WikiAnswers page where users can get their questions answered by experts. Users can also submit articles on the site. Generates revenue through advertising.
Key facts about Answers
- Founded Year: 1999
- Location: Saint Louis (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $388M
- Employee Count: 20 as on Dec 31, 2021
- Investors: Apax, Goldman Sachs and 16 Others
- Latest Funding Round: Post IPO, Oct 03, 2014, $*****
- Highlight: Acquired
2M Companies' Year-on-Year Investment Trends
2M Companies has invested in 38 companies over the last 20 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in TimBuckDo and most recent follow-on round was in TimBuckDo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 1 | 1 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 2 | 0 | 2 |
2M Companies' Investments by Stage
2M Companies has made 11 investments in Seed stage with an average round size of $1.95M, 5 investments in Series A stage with an average round size of $2.72M and 1 investment in Series B stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 5 |
Series B | 1 |
Note: We have considered here, only first round of investments
2M Companies' Investments by Sector
2M Companies has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Life Sciences, FinTech and HealthTech. Notably, it has invested in 28 Tech companies, 25 Enterprise (B2B) companies, 14 Software companies and at least 11 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
Consumer | 4 |
Life Sciences | 4 |
FinTech | 2 |
HealthTech | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
2M Companies' Investments by Geography
2M Companies has made most investments in United States (14), followed by India where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 14 |
India | 2 |
Israel | 1 |
Note: We have considered here, only first round of investments
2M Companies' recent investments
2M Companies has not made any investment in 2026 so far.Here are the most recent investments by 2M Companies:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 09, 2025 | India | Seed | 9215 | ||
Jul 03, 2024 | India | Seed | 8832 | ||
Dec 12, 2023 | United States | Seed | 8605 | ||
Nov 2023 | India | Seed | 1425 | ||
Jan 26, 2018 | United States | Seed | 7337 |
IPOs and Publicly Listed companies in 2M Companies' Portfolio
2 of 2M Companies' portfolio companies have become public. Cognition Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2021 at marketcap of $256M and Rackspace got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $4.18B.Here are 2M Companies' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 08, 2021 | - | - | 9418 | |
Aug 05, 2020 | - | - | 9716 |
Acquired companies in 2M Companies' Portfolio
12 companies from 2M Companies' portfolio have been acquired. The most recent acquisition were SiteOne Therapeutics in May 2025 by Lilly for $1B.Here are 2M Companies' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 27, 2025 | Jan 08, 2017 | Series B | 8001 | |
May 05, 2024 | - | - | 8518 | |
Jun 10, 2021 | Oct 05, 2015 | Series A | 3876 | |
Aug 07, 2019 | Dec 04, 2014 | Seed | 6770 | |
Jan 28, 2019 | - | - | 4088 |
Team profile of 2M Companies
2M Companies has a team of 5 members including 3 Partners located in United States. 2M Companies' team does not sit on the board of any company as of now.Here is a list of all team members in 2M Companies:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Dallas | - | ||
Partner | - | - | - |
Co-investors of 2M Companies
Over the past 20 years, 61 investors have co-invested in 2M Companies's portfolio companies. This includes funds and angels.
- Invested before 2M Companies: Arizona Tech Investors, Desert Angels and 14 others have invested in rounds before 2M Companies. There is 1 company where Arizona Tech Investors has invested before 2M Companies and 1 company where Desert Angels has invested before 2M Companies.
- Top Co-investors of 2M Companies: 25 investors entered a company along with 2M Companies. These include investors like Next Frontier Capital (2 companies).
- Invested after 2M Companies: A total of 20 investors have invested in 2M Companies's portfolio after their investments. Top Investors include Meritech (1 company) and Spectrum Equity (1 company).
Recent News related to 2M Companies
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Timbuckdo Secures Funding to Fuel Growth from Nandkishore Kalambi and 2M CompaniesCXOtoday•Sep 09, 2025•TimBuckDo, Kanu, 2M, 2M Companies
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Storage Startup VirtualZ Raises $4.9M For Real-Time Mainframe Data AccessCRN•Dec 12, 2023•VirtuALZ, Next Frontier Capital, Next Coast Ventures, Innosphere Ventures and 3 others
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Apartment matchmaking app HomeMe raises $3.2m for market expansionBusiness of Apps•Jul 12, 2019•HomeMe, Menlo Ventures, HomeMe, 2M Companies
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Ataata Announces Successful Closing of $3 Million Series A RoundPR Newswire•Dec 19, 2017•Ataata, Next Frontier Capital, SaaS Ventures, TEDCO and 1 other
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Founders Fund Backs Smart Lab Tech Startup Elemental Machines For $2.5 Million – TechCrunchTechCrunch+•Feb 03, 2016•Elemental Machines, Founders Fund, Project 11 Ventures, 2M Companies and 1 other
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Picmonic Raises $2.3M | Business WireBusiness Wire•Oct 05, 2015•Picmonic, 2M Companies, Arizona Tech Investors, Desert Angels and 1 other
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Picmonic Closes $2.3M Funding |FinSMEsFinSMEs•Oct 05, 2015•Picmonic, 2M Companies, Arizona Tech Investors, Desert Angels and 1 other
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Content discovery co Curiyo raises $1.9m - Globes
Globes•Jun 29, 2014•Curiyo, OurCrowd, Cedar Fund, 2M Companies and 3 others