M13
M13 is an early-stage venture capital firm investing seed and Series A capital in software businesses across work, health, commerce, and money verticals, offering an operator-led Propulsion model with a 3:1 operator-to-investor ratio to serve founders and institutional limited partners.
- Company typePrivate
- Founded2016
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What M13 does
M13 is an early-stage venture capital firm founded in 2016 by brothers Carter and Courtney Reum — former Goldman Sachs investment bankers and co-founders of spirits brand VEEV — and operating as M13 Ventures Management, LLC. The firm invests at the seed and Series A stages in software-enabled businesses, with a portfolio of 200+ direct investments and 25 exits to date. M13 serves two distinct customer types: early-stage software founders seeking institutional capital and operating support, and institutional limited partners (family offices, foundations, pensions, and endowments) seeking venture exposure across multiple fund vintages. The firm's stated focus spans four intersecting verticals — Work, Health, Commerce, and Money — enabled by AI and Web3 infrastructure.
M13's central differentiation is the "Propulsion" operator-led investment model, structured with a 3:1 ratio of operators to investing team members, with partners and operators averaging 25 years of operating experience. Named operators include Managing Partner Karl Alomar (who scaled DigitalOcean to its NYSE IPO), Partner Christine Choi (former head of communications for Virgin Galactic / Virgin Orbit / The Spaceship Company), and Partner Rob Smith (Head of Propulsion). Supporting products and platforms include the RocketGuides interactive founder playbooks, the Launchpad incubation program, and the Future Perfect annual community conference.
Revenue follows the standard venture capital structure: annual management fees (typically ~2%) on committed and/or invested capital across funds, plus performance-based carried interest on successful portfolio exits. M13 has raised at least Fund I (2016) and Fund II (2019), though specific fund sizes and total AUM are not publicly disclosed. Distribution is partner-led: direct founder outreach for deal flow and IR-led LP fundraising (led by Partner Sarah Tomolonius), supplemented by brand-driven inbound through content, owned events, and earned media in WSJ, Forbes, Bloomberg, Fortune, and TechCrunch.
M13 firmographics
Firmographics- Name
- M13
- Legal name
- M13 Ventures Management, LLC
- Website
- https://m13.co
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- M13 is an early-stage venture capital firm investing seed and Series A capital in software businesses across work, health, commerce, and money verticals, offering an operator-led Propulsion model with a 3:1 operator-to-investor ratio to serve founders and institutional limited partners.
- Ownership category
- akta.pro rank
M13 industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where M13 is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
M13 business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Management Fees: Annual recurring management fees charged on committed and/or invested capital under management across M13's venture funds (typical industry-standard venture fund fee structure).
- Carried Interest on Fund Returns: Performance-based carried interest earned on profits generated by M13's venture funds upon successful exits and realizations across the portfolio.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
M13 product offering
Product offeringCore offering
M13 is an early-stage venture capital firm that invests seed and Series A capital into visionary software founders building disruptive businesses across work, health, commerce, and money. The firm combines capital deployment with a full-stack Propulsion operating model that pairs portfolio founders with experienced operators, supported by an in-house Launchpad incubation program, RocketGuides founder playbooks, and the annual Future Perfect conference. Limited partner capital is raised from family offices, foundations, pensions, and endowments across M13's venture funds.
Product overview
M13 is structured as a platform-plus-modules service offering in the venture capital space. The core service is its early-stage (seed and Series A) venture capital investment practice, which is complemented by three modular support layers: the Propulsion operator-led support model that pairs portfolio founders with experienced operators; the Launchpad incubation program that helps visionary people build projects over time; and the RocketGuides educational content platform. The Future Perfect conference and community platform serves as the firm's flagship convening vehicle. Together, these modules position M13 as a full-stack partner rather than a traditional capital-only investor, with investment serving as the central offering supported by these complementary programs.
Differentiator
Problem solved
Functional benefit
Brands
- Launchpad: M13's in-house incubation/launch program run by the Launchpad team to help visionary people build new projects over time, referenced on the Approach page.
- Propulsion
- RocketGuides
- Future Perfect
Products and services
- M13 Venture Capital Investment Early-stage (seed and Series A) venture capital investing in software startups building across work, health, commerce, and money verticals, with 200+ direct investments and 25 exits to date.
- Propulsion Full-stack operator support model pairing M13 portfolio founders with a deep bench of full-time operators averaging 25 years of experience to fill executive experience gaps and accelerate company-building.
- Launchpad M13's in-house incubation program through which the Launchpad team helps visionary people build new projects over time, complementing the Propulsion and investing stages of the firm.
- RocketGuides by M13 Interactive founder-facing playbooks built by M13 operators and partners covering early-stage fundraising, design, data, PR and communications, and OKRs to help founders shortcut the learning curve.
- Future Perfect M13's flagship annual thought-leadership conference and community gathering featuring experts and panelists across technology, wellness, and culture, with an ongoing alumni network.
Quantifiable outcome
- 200+ direct investments and 25 exits across funds
- +2 more outcomes
Companies that use M13
Customer profileNamed customers1 record
Segments7 records
M13 technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
M13 partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights6 records
M13 competitors and assessment
Company assessmentDirect peers
- First Round Capital: First Round is a US seed- and early-stage venture firm with a strong operator and community network (First Round Review, founder communities). Directly comparable to M13 in stage focus, operator support emphasis, and US-centric geographic footprint.
- Lerer Hippeau: NYC-based early-stage venture firm investing at seed and Series A in software and consumer startups. Lerer Hippeau has co-invested with M13 in Teleskope and shares a similar stage focus and operating-style community emphasis.
- Primary Venture Partners: Primary is a New York early-stage firm investing across seed and Series A in software-driven businesses. It has co-invested with M13 in Teleskope, making it a directly comparable seed/Series A peer with US concentration.
- Footwork: Footwork is an early-stage venture firm investing in seed and Series A software companies with an operator-friendly approach. It co-led Anything's Series A with M13 participation, making it a directly comparable stage and sector peer.
- Uncork Capital: Uncork Capital is a US seed- and early-stage venture firm focused on software and consumer startups with a hands-on founder support model. It co-invested in Anything alongside M13, providing a directly comparable early-stage peer.
- Kindred Ventures: Kindred Ventures is a US early-stage venture firm with a focus on community-driven software investing. It co-invested with M13 in Replenysh's Series A, making it a comparable seed/Series A software peer.
Broad incumbents
- Andreessen Horowitz (a16z): a16z is a large multi-stage US venture firm with deep operating partner networks (a16z operating partners, crypto, bio funds) investing across stages. It overlaps with M13 in seed/Series A AI, crypto, and software deals (e.g., AvatarOS) but operates across a much broader portfolio and stage range.
- Bessemer Venture Partners: Bessemer is a long-established US venture firm investing across stages, with significant seed/Series A activity in cloud, software, and AI. It led Avantos's Series A after M13's seed participation, and has overlapping portfolio activity in Anything, making it a relevant broad incumbent peer.
- FirstMark Capital: FirstMark is a US venture firm investing across stages with a strong software and community thesis. It co-invested with M13 in Estuary's Series A, providing a comparable firm in the seed/Series A software space but with broader stage and sector reach.
- Accel: Accel is a global venture firm investing across stages with deep US and European presence. It co-invested with M13 in OpenFX's $94M Series A, providing a relevant broad-incumbent peer operating at larger fund sizes.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
M13 social profiles
Digital presenceM13 financial estimates
Financial estimateRevenue estimate
Valuation estimate
M13 leadership team
Management profileNumber of profiles
M13 subsidiaries and ownership
Company hierarchySubsidiaries1 record
M13 funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
M13 M&A and investment
M&A and investmentM&A
Investments241 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about M13
What does M13 do?
M13 is an early-stage venture capital firm that invests seed and Series A capital into visionary software founders building disruptive businesses across work, health, commerce, and money. The firm combines capital deployment with a full-stack Propulsion operating model that pairs portfolio founders with experienced operators, supported by an in-house Launchpad incubation program, RocketGuides founder playbooks, and the annual Future Perfect conference. Limited partner capital is raised from family offices, foundations, pensions, and endowments across M13's venture funds.
Is M13 a public or private company?
M13 is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was M13 founded?
M13 was founded in 2016. It employs 11 to 50 people.
Where is M13 based?
M13 is headquartered in Los Angeles, United States, in the North America region.
How does M13 make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest on Fund Returns.
Who are M13's main competitors?
Direct peers on record are First Round Capital, Lerer Hippeau, Primary Venture Partners, Footwork, Uncork Capital and Kindred Ventures. Broad incumbents are Andreessen Horowitz (a16z), Bessemer Venture Partners, FirstMark Capital and Accel.
Does M13 have an API?
No public API is recorded for M13.
What industry is M13 in?
M13's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 5259 and its SIC code is 6282.