M12
Profile, fund size and portfolio
M12 is the corporate venture arm of Microsoft Corporation (software and cloud computing). It was founded in 2016 and is based in San Francisco, United States. It invests from Seed to Series B in AI Apps, security for AI, AI Cloud Infrastructure.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series B |
| Sectors | AI Apps, Security for AI, AI Cloud Infrastructure, AI Data Ops & Models, Deep Tech & Systems |
| Geography | North America, Europe, Middle East and Africa |
| Offices | San Francisco, United States |
Sources: S1 M12 home; S10 M12: Introducing M12, Microsoft's Venture Fund (30 Apr 2018).
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| stage: early | 75 | 26.9% |
| focus: ai-apps | 58 | 20.8% |
| stage: growth | 41 | 14.7% |
| focus: ai-cloud-infrastructure | 24 | 8.6% |
| focus: ai-data-ops-models | 22 | 7.9% |
| focus: security-for-ai | 22 | 7.9% |
| stage: active | 17 | 6.1% |
| focus: deep-tech-systems | 14 | 5% |
| stage: exited | 4 | 1.4% |
| focus: other | 1 | 0.4% |
| stage: other | 1 | 0.4% |
A company can carry more than one tag
Sources: S4 M12 portfolio (WordPress REST /wp-json/wp/v2/portfolio, 141 records).
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 275M | Evergreen allocation | Stated by the firm or its parent | S5 |
| Companies backed | 141 | companies | Stated by the firm | S4 |
| Companies on the firm's portfolio page | 141 | companies | Counted from the firm's own list | S4 |
Sources: S5 Fortune: Microsoft VC arm M12 and OpenAI investment (17 Jan 2024); S4 M12 portfolio (WordPress REST /wp-json/wp/v2/portfolio, 141 records).
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Microsoft Corporation | Single source | S8 |
| Parent industry | Software and cloud computing | Single source | S8 |
| Founded | 2016 | Single source | S2 |
| Headquarters | San Francisco, United States | Single source | S9 |
| Status | Active | Single source | S2 |
| Headline size | USD 275M (Evergreen allocation) | Single source | S5 |
| Companies backed | 141 | Single source | S4 |
| Stages | Seed, Series A, Series B | Single source | S1 |
Portfolio
The firm's portfolio page lists 141 companies: 124 active, 4 exited.S4
| Tag | Companies | Share |
|---|---|---|
| Active | 124 | 87.9% |
| Exited | 4 | 2.8% |
| Tag | Companies | Share |
|---|---|---|
| focus: ai-apps | 58 | 41.1% |
| focus: ai-cloud-infrastructure | 24 | 17% |
| focus: ai-data-ops-models | 22 | 15.6% |
| focus: security-for-ai | 22 | 15.6% |
| focus: deep-tech-systems | 14 | 9.9% |
| focus: other | 1 | 0.7% |
| stage: early | 75 | 53.2% |
| stage: growth | 41 | 29.1% |
| stage: active | 17 | 12.1% |
| stage: exited | 4 | 2.8% |
| stage: other | 1 | 0.7% |
Every company on the M12 list
141 companies, as listed on the firm's own website: 124 active, 13 listed, 4 exited.S4 Read the firm's list.
Active 124
- 1910 Genetics
- Acerta
- Agolo
- Allstacks
- Andor Health
- Aqua
- Arcee AI
- Arize AI
- Arkose Labs
- Armada
- Artificial
- At-Bay
- Beamery
- blackshark.ai
- BlueVine
- Bolster
- Builder.io
- Bytewax
- Cerebri
- ClearMotion
- CNEXLabs
- Code Ocean
- Conduktor
- Contrast Security
- Cooler Screens
- CruxOCM
- d-Matrix
- Databook
- DatologyAI
- Definely
- Deployed
- ecomedes
- Edera
- env0
- Envisagenics
- Evinced
- Evisort
- FarEye
- Fastino
- Fordefi
- Foundry
- GO1
- GroundTruth
- GrowthSpace
- Guardrails AI
- Hazy
- HiddenLayer
- Hunters
- Huue
- HYAS
- iLoF
- Incorta
- Innovaccer
- Insite AI
- inVia Robotics
- Inworld
- Karlsgate
- Loggi
- LoginRadius
- LottieFiles
- MedMe
- Memgraph
- Mend
- Mental Canvas
- Metrika
- modl.ai
- Moondream
- Nautilus Labs
- Netradyne
- NeuBird AI
- NextBillion.ai
- NobleAI
- Novu
- nsKnox
- Nuon
- Outreach
- OX Security
- Ozette Technologies
- Parabol
- PAXAFE
- Pickit
- Pod Foods
- Prevedere
- Private AI
- PsiQuantum
- RAAPID
- RapidSOS
- Relyance
- Rescale
- Rubbrband
- SalesKen
- Scuba
- Skedulo
- Solve Intelligence
- SpecterOps
- SpyCloud
- Stuut Technologies
- Synack
- Synth Labs
- Syntiant
- Tact.ai
- Theom
- Tooljet
- Truepic
- Trusona
- Typeface
- Unify AI
- Unravel
- Unsloth
- Unstructured
- Upscale AI
- Valence Security
- Voiceitt
- Volley
- Voodle
- Wallaroo
- Wandelbots
- Webiny
- Weebee
- WorkBoard
- WorkSpan
- Xsight Labs
- Zencity
- Zenity
Listed 13
- Akaidentity
- Auctor
- Kooply
- Lace Lithography
- Mem0
- Mermaid
- Micro1
- My DeOs
- nEye Systems
- Nixtla
- Reach Security
- Regscale
- Sola Security
Exited 4
- CodeSee
- CognitiveScale
- Directly
- SGNL
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
| Company | Type | Year | Acquirer or exchange | Price | Source |
|---|---|---|---|---|---|
| Evisort | Acquisition | Workday | S2 |
Recent rounds
| Date | Company | Round | Amount | Led by the firm | Source |
|---|---|---|---|---|---|
| 2026-09-02 | HiddenLayer | USD 100M | S1 |
History
Where sources disagree
- Companies count: hundreds of companies, 15 unicorns, 6 IPOs since founding 10 years ago (firm portfolio page) (S4) vs 141 records in the firm's portfolio endpoint (S4) vs about 110 active investments (Fortune, 17 Jan 2024) (S5) vs 433 investments, 57 exits (CB Insights free headline) (S7). Public list is the subset M12 displays.S4S4S5S7
Official pages
Read the firm's own pages for current information.
- Website m12.vc
- Portfolio m12.vc/portfolio
- LinkedIn company page www.linkedin.com/company/m12vc
Sources
- S1M12 homeFirm
- S2M12 AboutFirm
- S3M12 teamFirm
- S4M12 portfolio (WordPress REST /wp-json/wp/v2/portfolio, 141 records)Firm
- S5Fortune: Microsoft VC arm M12 and OpenAI investment (17 Jan 2024)Press
- S7CB Insights: Microsoft Ventures / M12 (free headline)Third-party report
- S8SEC EDGAR submissions: Microsoft Corp (CIK 789019)Filing
- S9M12 team member pages (location shown as San Francisco on each investor page)Firm
- S10M12: Introducing M12, Microsoft's Venture Fund (30 Apr 2018)Firm
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by M12 or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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