About March Capital
March Capital is a venture capital firm founded in 2014. It is primarily based out of Santa Monica, United States. As of Jul 2026, March Capital is an active investor, having invested in 115 companies, with 1 new investment in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series C round of Together AI Overall, March Capital portfolio has seen 13 unicorns, 7 IPOs and 35 acquisitions including key companies like PayPal, Shiprocket and CrowdStrike. A lot of funds co-invest with March Capital, with names like General Electric sharing a substantial percentage of its portfolio. March Capital has team of 19 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 6 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
March Capital's List of Top Investments
March Capital has a portfolio of 115 companies, including 13 unicorns. Their most notable investments are in Nile and OpenHouse Realty.Their portfolio spans across United States, India, United Kingdom and 4 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 23 other sectors, across stages such as Series A, Series B and 6 more. Here is the list of top investments by March Capital:
1. PayPal
Provider of online payment solutions, money transfers, and virtual wallets. It facilitates online transactions for individuals and businesses. It offers tools for online checkout, payment links, and invoicing. The platform provides risk management, dispute management, and reporting tools. It allows users to send and receive payments.
Key facts about PayPal
- Founded Year: 1998
- Location: United States
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $216M
- Employee Count: 36,915 as on May 31, 2026
- Investors: Alcor Fund, Clearstone Venture Partners and 29 Others
- Latest Funding Round: Post IPO, Jul 26, 2022, $*****
- Highlight: Public
2. Shiprocket
Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Key facts about Shiprocket
- Founded Year: 2012
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $322M
- Employee Count: 915 as on Aug 31, 2025
- Investors: DST Global, Temasek and 62 Others
- Latest Funding Round: Series E, Dec 23, 2024, $*****
- Highlight: Editors' Pick
3. CrowdStrike
Provider of cloud-delivered solutions for endpoint and workload protection. The company offers protection against threats, using antivirus, device control, and firewall management. It provides endpoint detection and response, threat intelligence, and identity protection. The company delivers solutions for businesses with installation and operational concerns.
Key facts about CrowdStrike
- Founded Year: 2011
- Location: Sunnyvale (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $430M
- Employee Count: 11,343 as on May 31, 2026
- Investors: ADS Ventures, Accel and 20 Others
- Latest Funding Round: Post IPO, Oct 13, 2020, $*****
- Highlight: Public
4. User Testing
Provider of platform for gathering and analyzing user experience feedback. The platform offers tools to target specific audiences and gather comprehensive testing data. It helps users analyze data to identify insights and measure performance. The platform also facilitates sharing and scaling insights across organizations.
Key facts about User Testing
- Founded Year: 2007
- Location: San Francisco (United States)
- Annual Revenue: £10M - £50M as on Dec 31, 2022
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $148M
- Employee Count: 1,846 as on May 31, 2026
- Investors: Clearstone Venture Partners, OpenView and 15 Others
- Latest Funding Round: Grant (prize money), Nov 17, 2020, $*****
- Highlight: Acquired
5. Earnin
Provider of a platform for accessing earned wages and financial tools. The platform offers tools for accessing earned wages before payday. It also provides features for balance alerts, credit monitoring, and savings options. The platform aims to help users manage their finances.
Key facts about Earnin
- Founded Year: 2012
- Location: Palo Alto (United States)
- Stage: Series C
- Total Funding till date: $190M
- Employee Count: 599 as on May 31, 2026
- Investors: G Squared, Spark Capital and 16 Others
- Latest Funding Round: Conventional Debt, Sep 10, 2025, $*****
- Highlight: Editors' Pick
March Capital's Year-on-Year Investment Trends
March Capital has invested in 115 companies over the last 12 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Together AI and most recent follow-on round was in Uniphore.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 4 | 6 |
2024 | 3 | 2 | 5 |
2023 | 6 | 5 | 11 |
2022 | 5 | 7 | 12 |
2021 | 15 | 7 | 22 |
2020 | 5 | 6 | 11 |
2019 | 7 | 3 | 10 |
2018 | 4 | 6 | 10 |
2017 | 15 | 4 | 19 |
March Capital's Investments by Stage
March Capital has made 22 investments in Series A stage with an average round size of $15.4M, 16 investments in Series B stage with an average round size of $39.7M and 15 investments in Seed stage with an average round size of $16.9M.Stage of entry | No. of Investments |
|---|---|
Series A | 22 |
Series B | 16 |
Seed | 15 |
Series C | 15 |
Series D | 3 |
Others | 3 |
Note: We have considered here, only first round of investments
March Capital's Investments by Sector
March Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Gaming and Mobile. Notably, it has invested in 103 Tech companies, 83 Enterprise (B2B) companies, 80 Software companies and at least 46 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 44 |
High Tech | 19 |
Enterprise Infrastructure | 16 |
Gaming | 15 |
Mobile | 11 |
Others | 70 |
Note: We have considered here, only first round of investments
March Capital's Investments by Geography
March Capital has made most investments in United States (63), followed by India where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 63 |
India | 5 |
United Kingdom | 3 |
Israel | 2 |
Egypt | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
March Capital's recent investments
March Capital has made 1 investments in 2026 so far - Together AI.Here are the most recent investments by March Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 02, 2026 | United States | Series C | 7081 | [+11] | |
Oct 22, 2025 | United States | Series F | 1843 | [+7] | |
Sep 18, 2025 | United States | Series B | 3445 | [+3] | |
May 11, 2025 | Egypt | Series A | 5569 | [+9] | |
Mar 06, 2025 | United States | Seed | 2101 | [+7] |
Unicorns in March Capital's Portfolio
March Capital has 13 unicorns in its portfolio - Lila Sciences, Altana Technologies, Together AI and others. The most recent unicorn in their portfolio is Lila Sciences. It became a unicorn in 2025.Here is a list of unicorns in March Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Developer of AI-powered autonomous scientific research platforms | 2023 | Cambridge | Series A | malqqeq | ||
64 | Network of product information empowering supply chain partners and governments | 2018 | New York City | Series C | ipsrwse | ||
72 | Provider of a platform for developing, fine-tuning, and deploying AI models | 2022 | San Francisco | Series C | qulejaz | ||
85 | Provider of e-commerce shipping, fulfillment, marketing, and financial services | 2012 | Gurugram | Series E | jxqaotk | ||
63 | Data access governance and data marketplace platform | 2015 | Boston | Series E | vrlinoj |
IPOs and Publicly Listed companies in March Capital's Portfolio
7 of March Capital's portfolio companies have become public. Generate Biomedicines got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Feb 2026 at marketcap of $2.04B and CarTrade Tech got listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) at marketcap of $996M.Here are March Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 27, 2026 | Sep 14, 2023 | Series C | 7819 | |
Aug 20, 2021 | Feb 02, 2017 | Series G | 4419 | |
Jun 12, 2019 | May 17, 2017 | Series D | 3923 | |
Apr 07, 2014 | - | - | 5138 | |
Feb 19, 2002 | - | - | 3890 |
Acquired companies in March Capital's Portfolio
35 companies from March Capital's portfolio have been acquired. The most recent acquisition was Bridg in Jan 2026 by PAR Technology Corp for $*****.Here are March Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 26, 2026 | Aug 23, 2017 | Series B | 6825 | |
Dec 05, 2024 | Dec 20, 2019 | Series C | 2471 | |
Oct 15, 2024 | Aug 25, 2017 | Series B | 1568 | |
Oct 30, 2023 | May 21, 2021 | Series C | 2719 | |
Nov 17, 2022 | - | - | 6577 |
Team profile of March Capital
March Capital has a team of 19 members including 7 Partners and 4 Principals located in United States and India. March Capital's team sits on the board of 1 company.Here is a list of top team members in March Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Santa Monica | |||
Partner | Los Angeles | - | ||
Partner | India | |||
Partner | New York City | - | ||
Partner | Santa Monica | - | ||
Partner | Mumbai | - | ||
Partner | Los Angeles | - | ||
Principal | Los Angeles | - | ||
Principal | Santa Monica | - | ||
Principal | San Francisco | - | ||
Principal | Los Angeles | - |
Co-investors of March Capital
Over the past 12 years, 909 investors have co-invested in March Capital's portfolio companies. This includes funds and angels.
- Invested before March Capital: New Enterprise Associates, Greycroft and 398 others have invested in rounds before March Capital. There are 4 companies where New Enterprise Associates has invested before March Capital and 3 companies where Greycroft has invested before March Capital.
- Top Co-investors of March Capital: 306 investors entered a company along with March Capital. These include investors like General Electric (4 companies).
- Invested after March Capital: A total of 203 investors have invested in March Capital's portfolio after their investments. Top Investors include DST Global (2 companies), General Atlantic (2 companies) and The Raine Group (2 companies).
Recent News related to March Capital
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spektr Launches spektrQ to Answer Compliance’s Hardest AI Question: Where to StartCity A.M.•Jun 25, 2026•RPS Ventures, March Capital, Luminance, Schroders Capital and 3 others
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500 Global, Bertelsmann, Tribe Capital poised for significant gains in IndiaVCCircle•Dec 22, 2025•500 Global, March Capital, Lightrock, Bertelsmann and 1 other
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Inception AI Secures $50M for Low-Latency AI Model Innovation.SiliconAngle•Nov 06, 2025•Inception Labs, nVentures, Snowflake, M12 and 19 others
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Uniphore Secures $260M in Funding Led by Nvidia, Snowflake, Databricks, and AMDSiliconAngle•Oct 22, 2025•Priceline, Snowflake, AMD, Nvidia and 14 others
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Lila Sciences closes $350M Series A for its AI-driven science visionEndpoints•Oct 14, 2025•Lila Sciences, Braidwell, NVentures, Analog Devices and 10 others
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Extend Secures $20 Million in New Capital and Hires Seasoned CFOTMC•Sep 19, 2025•Extend, FinTech Collective, March Capital, Point72 Ventures and 5 others
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Lila Sciences raises $200M to accelerate autonomous scientific researchSiliconAngle•Mar 11, 2025•Lila Sciences, General Catalyst, March Capital, Ark Invest ETFs and 3 others
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Lila Raises 200M in Committed Seed CapitalFinSMEs•Mar 10, 2025•Lila Sciences, Flagship Pioneering, General Catalyst, March Capital and 6 others
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Together AI Raises $305 Million To Expand AI Acceleration Cloud For Open Source And Enterprise AISuperbCrew•Feb 24, 2025•Together AI, General Catalyst, Prosperity7 Ventures, Nvidia and 16 others
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Together AI notches $3.3 billion valuation after General Catalyst-led fundraisingReuters•Feb 20, 2025•Together AI, General Catalyst, Coatue, Aramco Ventures and 31 others
