About GreyMatter
GreyMatter is a venture capital firm founded in 2021. It is primarily based out of San Francisco, United States. As of Aug 2026, GreyMatter is an active investor, having invested in 8 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Consumer and Enterprise Applications. Most recently it participated in the $***** Series A round of Ours Privacy A lot of funds co-invest with GreyMatter, with names like TMV sharing a substantial percentage of its portfolio. GreyMatter has team of 18 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Soonicorns
Deals in last 12 months
GreyMatter's List of Top Investments
GreyMatter has a portfolio of 8 companies. Their most notable investments are in OURS and Coral Care.Their portfolio spans across United States and Switzerland. They have invested in HealthTech, Consumer, Enterprise Applications and 2 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by GreyMatter:1. Healthie
Provider of practice management platform for nutrition professionals. The company simplifies non-billable activities like scheduling and billing, provides a portal for client engagement, and enables HIPAA-compliant virtual consultations. Clients benefit from the platform to record food, workouts, metrics, and goals, and a vehicle to communicate with their healthcare providers in between appointments.
Key facts about Healthie
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $40.3M
- Employee Count: 192 as on Aug 31, 2026
- Investors: TCV, XY Ventures and 18 Others
- Latest Funding Round: Series B, Oct 15, 2024, $*****
- Highlight: Editors' Pick

2. Pelago
Virtual clinic providing personalized substance use management solutions for individuals. It offers solutions for individuals seeking to overcome substance use disorders, including tobacco, alcohol, opioid, and cannabis addiction. The digital platform offers a technology enabled care model, providing individuals to take control of the health and wellness. It offers cognitive behavioral therapy and medication assisted treatment to support members in the recovery journey.
Key facts about Pelago
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Key facts about FamilyWell Health
- Founded Year: 2022
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $12.3M
- Employee Count: 79 as on Aug 31, 2026
- Investors: .406 Ventures, New Markets Venture Partners and 6 Others
- Latest Funding Round: Series A, Nov 18, 2025, $*****

4. Ours Privacy
Provider of healthcare customer data platform software for marketing compliance. This technology enables organizations to manage patient data while adhering to regulatory requirements. The platform facilitates the removal of third-party tracking pixels and provides tools for server-side tag management and event configuration. It supports the de-identification of sensitive information before data is shared with external analytics or advertising tools. Additional features include consent management, audience building, and attribution tracking. The system is designed to integrate with existing marketing channels to maintain visibility into campaign performance without compromising privacy standards.
Key facts about Ours Privacy
- Location: Houston (United States)
- Stage: Series A
- Total Funding till date: $15M
- Employee Count: 31 as on Aug 31, 2026
- Investors: Health Velocity Capital, Rock Health and 7 Others
- Latest Funding Round: Series A, Aug 19, 2026, $*****

5. Nema
Key facts about Nema
- Founded Year: 2022
- Location: New Haven (United States)
- Stage: Series A
- Total Funding till date: $18.6M
- Employee Count: 70 as on Aug 31, 2026
- Investors: Deerfield, .406 Ventures and 3 Others
- Latest Funding Round: Series A, Oct 29, 2024, $*****
GreyMatter's Year-on-Year Investment Trends
GreyMatter has invested in 8 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 2 investments, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in FamilyWell Health and most recent follow-on round was in Ours Privacy.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 2 | 2 |
2025 | 2 | 0 | 2 |
2024 | 3 | 1 | 4 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
GreyMatter's Investments by Stage
GreyMatter has made 4 investments in Seed stage with an average round size of $3.47M, 2 investments in Series A stage with an average round size of $10.4M, 1 investment in Series B stage with an average round size of $23M and 1 investment in Series C stage with an average round size of $58M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 2 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
GreyMatter's Investments by Sector
GreyMatter has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Healthcare, Consumer and Vertical SaaS. Notably, it has invested in 4 Tech companies, 3 Consumer (B2C) companies, 3 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
HealthTech | 3 |
Healthcare | 3 |
Consumer | 2 |
Vertical SaaS | 2 |
Others | 1 |
Note: We have considered here, only first round of investments
GreyMatter's Investments by Geography
GreyMatter has made most investments in United States (7), followed by Switzerland where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 7 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
GreyMatter's recent investments
GreyMatter has made 2 investments in 2026 so far - Ours Privacy and Coral Care.Here are the most recent investments by GreyMatter:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 19, 2026 | United States | Series A | 3447 | [+6] | |
Feb 23, 2026 | United States | Series A | 6226 | [+7] | |
Nov 18, 2025 | United States | Series A | 1241 | ||
Jul 28, 2025 | United States | Seed | 3562 | [+2] | |
Nov 01, 2024 | Switzerland | Series A | 8347 |
Team profile of GreyMatter
GreyMatter has a team of 18 members including 1 Partner, 1 Venture Partner and 1 Principal located in United States. GreyMatter's team does not sit on the board of any company as of now.Here is a list of top team members in GreyMatter:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Venture Partner | Arlington | - | ||
Principal | San Francisco | - |
Co-investors of GreyMatter
Over the past 4 years, 83 investors have co-invested in GreyMatter's portfolio companies. This includes funds and angels.
- Invested before GreyMatter: Velvet Sea Ventures, Gray Matters Capital and 45 others have invested in rounds before GreyMatter. There is 1 company where Velvet Sea Ventures has invested before GreyMatter and 1 company where Gray Matters Capital has invested before GreyMatter.
- Top Co-investors of GreyMatter: 22 investors entered a company along with GreyMatter. These include investors like TMV (2 companies).
- Invested after GreyMatter: A total of 14 investors have invested in GreyMatter's portfolio after their investments. Top Investors include Lightbank (1 company), Health Velocity Capital (1 company) and Rock Health (1 company).
Recent News related to GreyMatter
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Coral Care Secures $13 Million Series A to Accelerate U.S. In-Home Pediatric Therapy ExpansionTipRanks•Feb 23, 2026•Coral Care, Peterson Ventures, Haymaker Ventures, FCA Venture Partners and 5 others
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CT Startup Kibu Raises $5.1M for AI-Powered Medicaid Paperwork AutomationHartford Business Journal•Jan 26, 2026•GreyMatter
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FamilyWell Health Raises $8M to Expand Women’s Mental Health and Menopause CareHIT Consultant•Nov 18, 2025•FamilyWell Health, GreyMatter, New Markets Venture Partners, .406 Ventures and 3 others
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Kyan Health: $16.7 Million Secured For Upgrading Workplace WellnessPulse 2.0•Dec 06, 2024•Kyan Health, Amplo, GreyMatter, Swisscom and 3 others
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Kyan Health lifts $16.7M to tackle absenteeism and boost performanceTech Funding News•Nov 26, 2024•Kyan Health, Amplo, Swisscom, GreyMatter and 7 others
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Pelago Raises $58M in Series C FundingFinSMEs•Mar 28, 2024•Pelago, Kinnevik, Octopus Ventures, Y Combinator and 4 others
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9amHealth: $9.5 Million Raised To Advance Virtual Provider Platform For Cardiometabolic HealthPulse 2.0•Feb 23, 2024•9amHealth, Cigna Ventures, 7wire Ventures, Define Ventures and 8 others
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Coral Care Secures $1.3M to Expand Access to In-Home Pediatric Developmental CareHIT Consultant•Jan 25, 2024•Coral Care, Reach Capital, GreyMatter, Purpose Built Ventures and 1 other
