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About MGV
MGV is a venture capital firm founded in 2017. It is primarily based out of San Francisco, United States. As of Mar 2026, MGV is an active investor, having invested in 27 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 Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Pocket Overall, MGV portfolio has seen 1 unicorn and 4 acquisitions including key companies like Modern Health, Glide and Tomorrow. A lot of funds co-invest with MGV, with names like Liquid 2 Ventures sharing a substantial percentage of its portfolio. MGV has team of 4 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
MGV's List of Top Investments
MGV has a portfolio of 27 companies, one of which is a Unicorn. Their most notable investments are in Genus AI and OutPoint.Their portfolio spans across United States, Canada and Mexico. They have invested in Enterprise Applications, High Tech, Consumer and 16 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by MGV:1. Observe.AI
Provider of AI-powered conversation intelligence and automation for contact centers. It offers a platform that uses AI to analyze customer interactions, providing insights for improved agent performance, operational efficiency, and customer experience. Key features include real-time agent assistance, automated quality assurance, and AI-powered agents for handling high-volume calls. The platform integrates with existing contact center technologies and provides comprehensive reporting and analytics. This allows businesses to optimize their contact center operations and improve customer satisfaction.
Key facts about Observe.AI
- Founded Year: 2017
- Location: Redwood City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $214M
- Employee Count: 359 as on Sep 30, 2026
- Investors: Steadview, Nexus Venture Partners and 23 Others
- Latest Funding Round: Series C, Apr 12, 2022, $*****
- Highlight: Editors' Pick
Provider of employee mental health wellness platform. Platform offering solutions for employee mental well-being through evidence-based support and digital content. The platform offers virtual visits and text-based check-ins with mental health coaches and licensed therapists in a single platform. Employees can choose the topic they want to work on and get personalized care plans with coaching and therapy with the provider. The platform offers a range of services, including clinical therapy, psychiatry and med management, coaching, navigators, and clinician-developed courses, meditations, and programs.
Key facts about Modern Health
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $170M
- Employee Count: 920 as on Sep 30, 2026
- Investors: Felicis Ventures, Kleiner Perkins and 16 Others
- Latest Funding Round: Series D, Feb 11, 2021, $*****
- Highlight: Editors' Pick
3. KarmaCheck
Cloud-based applicant tracking system for employee background checks. It offers various screening packages for any hiring situation that include education verifications, employee verification, motor vehicle reports, reference checks, lite checks, drug tests, and comprehensive criminal checks. It enables candidates to onboard anywhere or anytime and provides accurate turnaround estimates.
Key facts about KarmaCheck
- Founded Year: 2019
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $60M
- Employee Count: 66 as on Sep 30, 2026
- Investors: Globivest, PruVen Capital and 19 Others
- Latest Funding Round: Series B, Jun 27, 2024, $*****
- Highlight: Editors' Pick
4. EPOCH
Cloud-based platform for employee engagement. It offers tools for HR teams to engage talent and attract them to new cultures. It allows users to automate the event planning, reporting and social impact management solutions.
Key facts about EPOCH
- Founded Year: 2016
- Location: Kitchener (Canada)
- Stage: Seed
- Total Funding till date: $3.63M
- Employee Count: 50 as on Sep 30, 2026
- Investors: Rally Ventures, Banana Capital and 7 Others
- Latest Funding Round: Seed, Feb 24, 2022, $*****
- Highlight: Editors' Pick
5. Glide
SaaS-driven transaction management solutions for real estate professionals. The platform provides users with complete forms, audit transactions, perform compliance checks, document management, e-signatures, and more. The solutions are provided for brokers & agents. Provides solutions for managing collaboration & compliance for residential real estate.
Key facts about Glide
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Acquired
- Employee Count: 15 as on Sep 30, 2026
- Investors: Foundation Capital, Catapult and 8 Others
- Latest Funding Round: Seed, 2020, $*****
- Highlight: Acquired
MGV's Year-on-Year Investment Trends
MGV has invested in 27 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Pocket and most recent follow-on round was in Authentic Insurance.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 1 | 2 | 3 |
2023 | 1 | 0 | 1 |
2022 | 3 | 1 | 4 |
2021 | 2 | 1 | 3 |
2020 | 2 | 0 | 2 |
2019 | 1 | 0 | 1 |
2018 | 3 | 0 | 3 |
MGV's Investments by Stage
MGV has made 13 investments in Seed stage with an average round size of $3.78M and 4 investments in Series A stage with an average round size of $11.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 4 |
Note: We have considered here, only first round of investments
MGV's Investments by Sector
MGV has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, FinTech, Consumer and HealthTech. Notably, it has invested in 25 Tech companies, 20 Enterprise (B2B) companies, 20 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 14 |
Vertical SaaS | 5 |
FinTech | 4 |
Consumer | 3 |
HealthTech | 3 |
Others | 18 |
Note: We have considered here, only first round of investments
MGV's Investments by Geography
MGV has made most investments in United States (12), followed by Canada where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 12 |
Canada | 3 |
Mexico | 1 |
Note: We have considered here, only first round of investments
MGV's recent investments
MGV has made 1 investments in 2026 so far - Pocket.Here are the most recent investments by MGV:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 30, 2026 | - | Seed | 6044 | [+1] | |
Jul 24, 2025 | United States | Seed | 8236 | [+11] | |
Jul 14, 2025 | Canada | Seed | 6086 | [+5] | |
Mar 28, 2025 | United States | Seed | 7489 | [+3] | |
Jul 23, 2024 | United States | Seed | 5702 |
Unicorns in MGV's Portfolio
MGV has 1 unicorn in its portfolio - Modern Health. The most recent unicorn in their portfolio is Modern Health which became a unicorn in 2021, 2 years after MGV first invested in it.Here is a list of unicorns in MGV's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | Provider of employee mental health wellness platform | 2017 | San Francisco | Series D | ifejn{q |
Acquired companies in MGV's Portfolio
4 companies from MGV's portfolio have been acquired. The most recent acquisition was OfficeTogether in Aug 2022 by Envoy for $*****.Here are MGV's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 02, 2022 | - | - | 8609 | |
Jan 13, 2022 | Jul 17, 2018 | Series A | 8453 | |
Apr 26, 2021 | - | - | 1488 | |
Sep 26, 2019 | - | - | 5491 |
Team profile of MGV
MGV has a team of 4 members including 1 Partner and 2 Principals located in United States. MGV's team does not sit on the board of any company as of now.Here is a list of all team members in MGV:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Principal | San Francisco | - | ||
Principal | New York City | - |
Co-investors of MGV
Over the past 8 years, 146 investors have co-invested in MGV's portfolio companies. This includes funds and angels.
- Invested before MGV: Y Combinator, Venture Catalysts and 26 others have invested in rounds before MGV. There are 4 companies where Y Combinator has invested before MGV and 1 company where Venture Catalysts has invested before MGV.
- Top Co-investors of MGV: 85 investors entered a company along with MGV. These include investors like Liquid 2 Ventures (3 companies).
- Invested after MGV: A total of 33 investors have invested in MGV's portfolio after their investments. Top Investors include 01 Advisors (2 companies), Menlo Ventures (1 company) and Next47 (1 company).
Recent News related to MGV
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Buildstock Secures $1.6M in Pre-Seed Funding to Expand Construction Material Marketplace & Fintech PlatformBusinessFortNight•Feb 22, 2024•Buildstock, Precursor Ventures, MGV, XFactor Ventures and 2 others
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Authentic Raises $5.5M in Seed FundingFinSMEs•Sep 21, 2023•Authentic Insurance, Slow Ventures, Altai Ventures, MGV and 6 others
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Attention Receives $3.1 Million Strategic InvestmentFENQ•Jan 17, 2023•Attention, Frst Capital, Liquid 2 Ventures, MGV and 9 others
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BalkanID Raises $2.36M; Closes $8.1M Seed FundingFinSMEs•Aug 25, 2022•Balkan, GIT1K, FirsthandVC, MGV and 2 others
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AI-powered insurtech Layr nabs investment from HSCM and HDI’s Hannover DigitalIntelligentinsurer•Mar 21, 2022•Layr, HSCM Ventures, Hudson Structured Capital Management, MGV and 12 others
