Investment Thesis
“Operator-led venture capital firm with high operator-to-investor ratio providing Propulsion growth support programs.”
Portfolio Companies (6)
Daily Harvest
Daily Harvest is a New York frozen food brand selling smoothies, bowls and meals online and in stores. It reached a $1.1 billion valuation in 2021 and Chobani acquired it in May 2025.
Lyft
Lyft runs ride-hailing, bike-share and scooter services in the US and Canada, and in Europe through Freenow. It went public on Nasdaq (LYFT) in March 2019 at a $24.3 billion valuation.
Ring
Ring LLC is a manufacturer of home security and smart home devices owned by Amazon. It manufactures a line of Ring smart doorbells, home security cameras, and alarm systems.
Slack
Slack, founded in 2009 as Tiny Speck, makes the Slack workplace messaging platform. It direct listed on the NYSE in 2019 and was acquired by Salesforce for $27.7 billion in July 2021.
SpaceX
SpaceX builds and flies Falcon and Starship rockets, runs the Starlink network and, since 2026, xAI. It listed on Nasdaq as SPCX in a June 2026 IPO priced at $135 per share.
Uber
Uber Technologies runs ride-hailing, food delivery and freight platforms from San Francisco. It has traded on the NYSE as UBER since its May 2019 IPO and reported 2025 revenue of $52.0 billion.
Portfolio Analysis
M13 has built a portfolio of 6 companies across 5 sectors, including Consumer, Food & Beverage, Marketplace and 2 others. Of these investments, 5 have achieved successful exits through acquisitions or IPOs, demonstrating the firm's track record of backing companies to meaningful outcomes.
The portfolio reflects investments across the IPO, Series D+ stages, showing M13's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has M13 invested in?
M13 has invested in 6+ companies across 5 different sectors. Of these, 5 have achieved successful exits through acquisitions or IPOs.
What sectors does M13 invest in?
M13's portfolio spans Consumer, Food & Beverage, Marketplace, SaaS, Space. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does M13 invest at?
M13 invests across the IPO, Series D+ stages. Their portfolio includes companies at various points in their growth journey.
How many exits has M13 had?
M13 has had 5 portfolio companies achieve exits through acquisitions or IPOs. This track record of exits demonstrates the firm's ability to identify and support companies through successful outcomes.