Venture capital in Massachusetts
149 venture firms are based in Massachusetts, from SEC filings and the fund index. Below them are Massachusetts’s other sources of capital, the LPs based here that report holding venture funds, and its SEC-registered family offices. How Massachusetts ranks for startup raises and new funds: its Venture Ecosystem Index page.
On this page: 149 venture firms 20 new funds 113 other sources of capital 67 LPs 6 family offices.
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Venture firms based in Massachusetts
15 firms in the Venture Capital Fund Index, by latest fund, then 134 advisers that report a venture fund on Form ADV, largest estimated venture assets first, from the Venture Adviser Directory. Each one’s page has its funds and, where an LP reports holding them, its LPs.
| # | Firm | Headquarters | Latest fund | Fund size | AUM |
|---|---|---|---|---|---|
| 1 | General CatalystGC | Cambridge | Fund XII (core venture, Creation strategy, and SMAs) | $8B | $43B |
| 2 | Flagship PioneeringFlagship | Cambridge | Fund VIII + strategic partnership capital | $3.6B | $14B |
| 3 | Spark CapitalSpark | Boston | 2026 fund family (early + growth) | $3.3B | — |
| 4 | Battery VenturesBattery | Boston | Battery Ventures XV | $3.2B | — |
| 5 | Bain Capital VenturesBCV | Boston | Bain Capital Ventures Fund XI | $1.6B | — |
| 6 | Altimeter CapitalAltimeter | Boston | Altimeter Premier Growth VIII | $1.6B | — |
| 7 | Third Rock VenturesThird Rock | Boston | Fund VI | $1.1B | — |
| 8 | Atlas Venture | Cambridge | Atlas Venture Fund XIV | $450M | — |
| 9 | .406 VenturesPoint 406 Ventures | Boston | .406 Ventures Fund V | $265M | — |
| 10 | Glasswing VenturesGlasswing | Boston | Glasswing Ventures Fund III | $200M | — |
| 11 | Pillar VCPillar | Boston | Pillar IV | $175M | $500M |
| 12 | C10 LabsC10, C10 Labs, L.P. | Cambridge | C10 Labs, L.P. | $78M | — |
| 13 | Underscore VCUnderscore.VC | Boston | Underscore VC Fund III | $58M | — |
| 14 | January VenturesJane VC | United States | January Ventures Fund III, LP | $15M | — |
| 15 | Accomplice | Boston | — | — |
| # | Adviser | Location | Venture funds | Private fund assets | Registered |
|---|---|---|---|---|---|
| 1 | Ra Capital Management, LP | Boston | 5 | $16.3B | 2012 |
| 2 | Impresa Management LLC | Boston | 33 | $16.4B | 2014 |
| 3 | Atreides Management, LP | Boston | 23 | $9.4B | 2019 |
| 4 | Matrix PartnersMatrix Partners Management Services, LP | Cambridge | 9 | $6.6B | 2012 |
| 5 | Tiger Iron Capital, LLC | Andover | 14 | $4.2B | 2017 |
| 6 | ElephantJahd Management Company, LLC | Boston | 12 | $3.6B | 2022 |
| 7 | Polaris Growth Management, LLC | Boston | 14 | $4.2B | 2018 |
| 8 | Transformation CapitalTransformation Capital Partners, L.P. | Boston | 10 | $3.1B | 2020 |
| 9 | Optum VenturesOptum Venture Management, LLC | Boston | 6 | $2.3B | 2017 |
| 10 | Volition Capital LLC | Boston | 6 | $2.3B | 2012 |
| 11 | MPM BioimpactMPM Asset Management LLC | Boston | 8 | $3.5B | 2016 |
| 12 | Engine VenturesFWH Management Company, LLC | Cambridge | 10 | $1.6B | 2023 |
| 13 | Wavecrest Management Company, LLC | Boston | 14 | $1.6B | 2018 |
| 14 | Safar Partners LLC | Cambridge | 6 | $1.3B | 2019 |
| 15 | Romulus Capital Management, LLC | Boston | 28 | $1.2B | 2013 |
| 16 | MVM Partners, LLC | Boston | 10 | $1B | 2012 |
| 17 | Curie BioCurie Bio Operations, LLC | Cambridge | 5 | $999M | 2022 |
| 18 | Highland Capital PartnersHighland Capital Partners LLC | Cambridge | 16 | $997M | 2012 |
| 19 | Amr Action Fund GP, LLC | Boston | 2 | $977M | 2021 |
| 20 | M33 Growth LLC | Boston | 4 | $951M | 2017 |
| 21 | Flare Capital Management Company, LLC | Boston | 5 | $945M | 2012 |
| 22 | Shepherd Kaplan Krochuk, LLC | Boston | 46 | $1.1B | 2003 |
| 23 | SV Health Investors, LLC | Boston | 12 | $1.1B | 2017 |
| 24 | Openview Advisors, LLC | Boston | 9 | $839M | 2021 |
| 25 | The Bollard Group LLC | Boston | 53 | $1.4B | 2011 |
| 26 | Clarus Ventures, LLC | Cambridge | 9 | $806M | 2019 |
| 27 | Castle Island VenturesCastle Island Management, LLC | Boston | 16 | $790M | 2018 |
| 28 | Flybridge Capital PartnersExeter Venture Management Company, LLC | Dedham | 26 | $784M | 2012 |
| 29 | Newpath Management, L.P. | Boston | 3 | $724M | 2018 |
| 30 | Cure Ventures Management, LP | Boston | 2 | $690M | 2021 |
| 31 | Nextview VenturesNextview Management Company, LLC | Boston | 17 | $678M | 2012 |
| 32 | Founder CollectiveFounder Collective Management Co., LLC | Cambridge | 12 | $641M | 2012 |
| 33 | Material Impact Management, LLC | Boston | 4 | $638M | 2017 |
| 34 | J2 Ventures Advisors, LLC | Boston | 22 | $577M | 2022 |
| 35 | Archerman Capital Management LLC | Boston | 8 | $576M | 2018 |
| 36 | Omega Fund Management, LLC | Boston | 3 | $914M | 2012 |
| 37 | Link Ventures Management, LLC | Cambridge | 5 | $458M | 2022 |
| 38 | Longwood Management LLC | Boston | 12 | $456M | 2015 |
| 39 | Long River Capital Management II LLC | Boston | 4 | $436M | 2012 |
| 40 | Qiming U.S. Ventures Management, LLC | Cambridge | 3 | $419M | 2017 |
| 41 | HLM Management Co., LLC | Waltham | 7 | $411M | 2021 |
| 42 | Clean Energy Venture Management, LLC | Boston | 2 | $398M | 2019 |
| 43 | Will VenturesWill Ventures, LLC | Boston | 9 | $364M | 2020 |
| 44 | E14 Management, LLC | Cambridge | 16 | $362M | 2019 |
| 45 | Raptor Capital Management LP | Boston | 28 | $359M | 2020 |
| 46 | Asymmetric Capital PartnersAsymmetric Capital, LLC | Boston | 2 | $313M | 2021 |
| 47 | Silverarc Capital Management, LLC | Boston | 1 | $935M | 2019 |
| 48 | Brewer Lane Management, LLC | Boston | 2 | $312M | 2020 |
| 49 | Bolt Innovation ManagementBolt Innovation Management LLC | Boston | 2 | $310M | 2015 |
| 50 | Bioventures InvestorsBioventures II Management Corporation | Westborough | 6 | $303M | 2012 |
| 51 | Causeway Management II, LLC | Cambridge | 2 | $290M | 2019 |
| 52 | Bain Capital Asset Management, LP | Boston | 3 | $4.1B | 2016 |
| 53 | Waterline Ventures, LLC | Cambridge | 5 | $257M | 2020 |
| 54 | Vestigo VenturesVestigo Ventures Management, LLC | Cambridge | 2 | $254M | 2019 |
| 55 | J.D. Capital Partners LLC Emerging | Wellesley | 1 | $242M | 2012 |
| 56 | North Bridge Venture Management Company, LLC Emerging | Wellesley | 6 | $239M | 2012 |
| 57 | G20 Capital Management, LLC Emerging | Cambridge | 3 | $233M | 2014 |
| 58 | Tectonic Ventures Management, LLC Emerging | Newton | 8 | $230M | 2017 |
| 59 | 120 Capital Emerging120 Capital, LLC | Boston | 1 | $229M | 2022 |
| 60 | Link Ventures EmergingLink Equity Partners, LLC | Cambridge | 2 | $226M | 2023 |
| 61 | Creacion Ventures Management US LLC Emerging | Cambridge | 3 | $224M | 2021 |
| 62 | Venture Guides Management, L.P. Emerging | Boston | 3 | $216M | 2024 |
| 63 | Azolla Management Company, LP Emerging | Cambridge | 2 | $213M | 2021 |
| 64 | Relay Investments Management, LLC Emerging | Boston | 6 | $206M | 2018 |
| 65 | Hyperplane Venture Capital EmergingBGV Management, LLC | Boston | 8 | $203M | 2020 |
| 66 | Mass General Brigham Ventures, LLC Emerging | Somerville | 3 | $200M | 2016 |
| 67 | Kepha Partners Management LLC Emerging | Waltham | 2 | $182M | 2012 |
| 68 | Solasta Ventures, Inc EmergingSolasta Ventures, Inc. | Boston | 2 | $180M | 2019 |
| 69 | Averin Capital LLC Emerging | Andover | 3 | $179M | 2026 |
| 70 | Baukunst Management Company, LLC Emerging | Cambridge | 2 | $170M | 2022 |
| 71 | Indicator Ventures EmergingHSV Holdings LLC | Wellesley | 7 | $169M | 2019 |
| 72 | CHV Management, LLC Emerging | Boston | 6 | $164M | 2019 |
| 73 | Rose Park Advisors, LLC | Boston | 2 | $572M | 2015 |
| 74 | Causeway Media Partners EmergingCauseway Management, LLC | Cambridge | 2 | $161M | 2013 |
| 75 | Ot Management, LLC Emerging | Boston | 29 | $219M | 2022 |
| 76 | Data Point Management Company, LLC Emerging | Boston | 5 | $155M | 2012 |
| 77 | Equal Opportunity Ventures EmergingEqual Opportunity Ventures Manager LP | Cambridge | 2 | $152M | 2023 |
| 78 | Building Ventures, LLC Emerging | Boston | 2 | $149M | 2019 |
| 79 | Boston Seed Capital Management, L.L.C. Emerging | Wellesley | 4 | $147M | 2017 |
| 80 | Companyon Ventures EmergingCompanyon Ventures Management, L.L.C. | Boston | 16 | $145M | 2022 |
| 81 | Agent Capital, LLC Emerging | Waltham | 3 | $140M | 2017 |
| 82 | Wave Equity PartnersWave Equity Partners LLC | Boston | 4 | $564M | 2020 |
| 83 | One Way Ventures Management PBC, Inc. Emerging | Boston | 12 | $131M | 2019 |
| 84 | Excel Venture Management EmergingExcel Venture Management, LLC | Boston | 1 | $124M | 2012 |
| 85 | RVP Management, LLC Emerging | Cambridge | 6 | $122M | 2020 |
| 86 | Advancit Capital Advisors LLC Emerging | Boston | 4 | $119M | 2022 |
| 87 | Drive By Draftkings EmergingDrive By Draftkings, LLC | Boston | 2 | $109M | 2021 |
| 88 | Windrose Advisors LLC | Waltham | 5 | $1.4B | 2009 |
| 89 | Arjuna Capital, LLC Emerging | Manchester | 6 | $118M | 2016 |
| 90 | Vianti Capital Management, LP Emerging | Boston | 1 | $100M | 2026 |
| 91 | Suffolk Technologies Fund Management, L.L.C. Emerging | Boston | 1 | $99M | 2022 |
| 92 | Winthrop Square Capital, L.P. Emerging | Boston | 3 | $95M | 2022 |
| 93 | Vinyl Capital EmergingVinyl Capital LLC | Boston | 2 | $89M | 2021 |
| 94 | MCJ Venture Management EmergingMCJ Management, L.P. | Boston | 3 | $85M | 2023 |
| 95 | Aperture Management LLC Emerging | Boston | 5 | $81M | 2012 |
| 96 | Gilde Healthcare Partners US, Inc. Emerging | Boston | 2 | $81M | 2012 |
| 97 | Downing Capital Group EmergingDowning Capital Group Management, L. L. C. | Harwich | 1 | $77M | 2021 |
| 98 | Prime Management Company I, LLC Emerging | Cambridge | 1 | $146M | 2019 |
| 99 | The Cue Ball Group, LLC Emerging | Boston | 2 | $73M | 2012 |
| 100 | Tech Pioneers Management LLC Emerging | Wellesley | 18 | $72M | 2025 |
| 101 | BLG Advisor LLC Emerging | Boston | 1 | $71M | 2024 |
| 102 | 424 Capital, LLC | Wakefield | 1 | $596M | 2022 |
| 103 | Lama Partners, LLC Emerging | Newton | 1 | $61M | 2022 |
| 104 | Remus Capital EmergingRemus Group Management, LLC | Boston | 7 | $60M | 2021 |
| 105 | Parametric Holdings LLC Emerging | Jamaica Plain | 1 | $58M | 2022 |
| 106 | Scaleup Latam, LLC Emerging | Cambridge | 1 | $50M | 2022 |
| 107 | Blueio Management, LLC Emerging | Burlington | 14 | $48M | 2020 |
| 108 | CVP Management, Inc. Emerging | Cambridge | 1 | $48M | 2013 |
| 109 | Commonwealth Venture Management Corp. Emerging | Woburn | 1 | $41M | 2012 |
| 110 | Inflection Managing Partner Inc. Emerging | Ashland | 1 | $41M | 2022 |
| 111 | 021t Capital Management, LLC Emerging | Cambridge | 1 | $40M | 2026 |
| 112 | Cybernetix Ventures EmergingCybernetix Ventures Management Company LLC | Boston | 3 | $39M | 2023 |
| 113 | Iaso Ventures Management Firm LLC Emerging | Cambridge | 2 | $38M | 2025 |
| 114 | Proficio Capital Partners LLC | Newton | 1 | $290M | 2015 |
| 115 | 186 Ventures Management Group, LLC Emerging | Boston | 1 | $35M | 2022 |
| 116 | Softbank, Inc. Emerging | Newton | 2 | $34M | 2012 |
| 117 | Neoteny Management, LLC Emerging | Wellesley | 2 | $33M | 2019 |
| 118 | Blindspot Ventures Management Co EmergingBlindspot Ventures Management Co., LLC | Boston | 2 | $32M | 2022 |
| 119 | Accelr8 Management, LLC Emerging | Boston | 2 | $31M | 2025 |
| 120 | Norwich Ventures EmergingNorwich Ventures Management, LLC | Waltham | 1 | $27M | 2014 |
| 121 | TST Investments EmergingTST Investments LLC | Somerville | 1 | $26M | 2024 |
| 122 | Advanced Technology Ventures EmergingAtv Capital Management, Inc. | Boston | 1 | $25M | 2012 |
| 123 | Boston Millennia Partners EmergingGlen Ventures Managment, Inc | Boston | 3 | $24M | 2012 |
| 124 | Visible Ventures EmergingVictress Capital, LLC | Hingham | 7 | $21M | 2023 |
| 125 | Mirae Asset Capital Life Science, Inc. Emerging | Boston | 1 | $38M | 2024 |
| 126 | Point Allerton LLC Emerging | Hull | 2 | $36M | 2025 |
| 127 | CHTP Management Services Inc. Emerging | Boston | 8 | $13M | 2012 |
| 128 | Baldwin Wealth Partners, LLC Emerging | Marion | 1 | $12M | 1980 |
| 129 | Kendall Investments, LLC Emerging | Cambridge | 1 | $29M | 2017 |
| 130 | HCV Management VIII, LLC Emerging | Cambridge | 2 | $5.1M | 2012 |
| 131 | Toc-23 Era EmergingToc-23, LLC | Hingham | 1 | $5M | 2025 |
| 132 | Hemispheric SPV Capital LLC Emerging | Westport | 1 | $2.2M | 2025 |
| 133 | Juvia Group, L.P. Emerging | Boston | 1 | $500K | 2026 |
| 134 | SV US Management LLCSV US Management, LLC | Boston | 1 | — | 2026 |
New funds raising from Massachusetts
20 venture funds managed from Massachusetts started raising in 2025 or later and filed a Form D since October 2025: managers with new money to invest. Amounts are as each fund’s latest Form D reports them, newest filing first.
| Fund | Manager | Started | Raised so far | Target | Latest filing |
|---|---|---|---|---|---|
| Transformation Capital Executive Fund IV, L.P. | Transformation Capital | 2026 | — | — | September 30, 2026 |
| Cybernetix Ventures Fund II, L.P. | Cybernetix Ventures | 2025 | $13M | $100M | August 18, 2026 |
| Point Allerton TT LP | Point Allerton LLC | 2026 | $1.7M | $1.7M | August 12, 2026 |
| Volition Capital Fund VI, L.P. | Volition Capital LLC | 2026 | — | $875M | June 4, 2026 |
| 021T Capital Fund I, L.P. | 021t Capital Management, LLC | 2026 | $40M | $100M | June 2, 2026 |
| Newpath Partners IV, L.P. | Newpath Management, L.P. | 2026 | — | $300M | May 28, 2026 |
| Engine Ventures Scale Up Fund I, L.P. | Engine Ventures | 2026 | — | $500M | May 27, 2026 |
| Suffolk Technologies Fund 2, L.P. | Suffolk Technologies Fund Management, L.L.C. | 2026 | — | $150M | May 14, 2026 |
| Averin Capital Fund II LP | Averin Capital LLC | 2026 | — | $700M | March 30, 2026 |
| Azolla Ventures Catalytic Fund II, LP | Azolla Management Company, LP | 2026 | — | — | March 30, 2026 |
| Azolla Ventures Full-Cycle Fund II, LP | Azolla Management Company, LP | 2026 | — | — | March 30, 2026 |
| Companyon Ventures Fund 2026, L.P. | Companyon Ventures | 2026 | — | $100M | March 26, 2026 |
| Will Ventures Fund III, L.P. | Will Ventures | 2025 | $87M | — | March 18, 2026 |
| NextView Ventures VI, L.P. | Nextview Ventures | 2025 | $80M | $135M | February 12, 2026 |
| Vianti Capital Fund I, L.P. | Vianti Capital Management, LP | 2026 | — | $200M | January 22, 2026 |
| E14 Fund 4 Limited Partnership | E14 Management, LLC | 2025 | — | $100M | December 30, 2025 |
| Cure Ventures Fund II, L.P. | Cure Ventures Management, LP | 2025 | — | — | December 18, 2025 |
| Indicator Ventures IV, L.P. | Indicator Ventures | 2025 | — | — | December 4, 2025 |
| Transformation Capital Partners III-CPRX, L.P. | Transformation Capital | 2025 | — | — | November 14, 2025 |
| J2 Ventures Brookhaven Fund, L.P. | J2 Ventures Advisors, LLC | 2025 | — | $250M | November 6, 2025 |
Other sources of capital in Massachusetts
30 pension master trusts, 27 community development lenders, 13 union pension plans, 12 corporate pension plans, 10 SBA lenders, 8 placement agents, 8 SBICs, 3 angel groups, and 2 venture debt lenders. From public registers and what each organization publishes; see Capital Sources for every state.
| Source | Location | On the record |
|---|---|---|
| Beacon Angels | Boston | Boston-based angel group, founded in 2006, that invests in early-stage, fast-growing companies, mostly New England startups. |
| Boston Harbor Angels | MA | Angel group investing since 2004 in high-growth, early-stage companies in information technology, life sciences, consumer and business products, and other sectors. |
| Launchpad Venture Group | MA | Network of angel investors, active since 2001, that provides seed funding and mentorship to science and technology startups headquartered in New England. |
| Eastward Capital Partners | West Newton | Provides venture debt financing and venture loans to venture capital-backed technology companies. |
| K2 HealthVentures | Boston | Provides debt and equity capital to venture and growth stage companies in the life sciences and healthcare industries. |
| Apple Lane Group, LLC | Lancaster | 4 venture funds, 2010–2020 |
| Bain Capital Distributors, LLC | Boston | 4 venture funds since 2021 |
| BHA Select Network, LLC | Boston | 2 venture funds since 2021 |
| Compass Securities Corporation | Braintree | 2 venture funds since 2021 |
| Harken Capital Securities, LLC | Scituate | 3 venture funds since 2021 |
| Liberty Tree Advisors, LLC | Acton | 5 venture funds, 2014–2017 |
| Monument Group, Inc. | Boston | 7 venture funds since 2021 |
| Race Rock Capital LLC | Boston | 2 venture funds, 2016–2019 |
| Berklee College of Music, Inc. Retirement Plan | Boston | In partnerships and joint ventures: $70M |
| Blue Cross and Blue Shield of Massachusetts, Inc. Retirement Income Trust | Boston | In partnerships and joint ventures: $94M |
| Children's Hospital Corporation Pension Plan | Boston | In partnerships and joint ventures: $639M |
| Employees' Retirement Plan of Bose Corporation | Framingham | In partnerships and joint ventures: $496M |
| John Hancock Pension Plan | Boston | In partnerships and joint ventures: $156M |
| Liberty Mutual Retirement Benefit Plan | Boston | In partnerships and joint ventures: $1.6B |
| Massachusetts Institute of Technology Basic Retirement Plan | Cambridge | In partnerships and joint ventures: $4.3B |
| Massmutual Pension Plan | Springfield | In partnerships and joint ventures: $853M |
| Retirement Plan for Employees of Woods Hole Oceanographic Institution | Woods Hole | In partnerships and joint ventures: $134M |
| Retirement Plan for Partners of Wilmer Cutler Pickering Hale and Dorr LLP | Boston | In partnerships and joint ventures: $138M |
| Sturdy Memorial Hospital Inc Retirement Plan | Attleboro | In partnerships and joint ventures: $63M |
| Umass Memorial Health Care Pension Plan | Worcester | In partnerships and joint ventures: $455M |
| Altimer Capital Private Credit Fund I-A, LP | Boston | Private Credit · Direct Lending |
| Crescent Direct Lending SBIC Fund, L.P. | Boston | Private Credit · Direct Lending |
| Gemini Investors VII, L.P. | Wellesley | Venture |
| Gemini Investors VIII, L.P. | Wellesley | Private Equity · Hybrid Debt/Equity |
| Lineage Capital II, L.P. | Boston | Private Equity · Buyout |
| Lineage Capital III, L.P. | Boston | Private Equity · Buyout |
| RCS SBIC Fund II, L.P. | Boston | Private Credit · Direct Lending |
| Seacoast Capital Partners V, L.P. | Danvers | Growth Equity · Hybrid Debt/Equity |
| Electrical Workers Pension Plan Local 103 I.B.E.W. | Boston | In partnerships and joint ventures: $600M |
| Heat & Frost Insulators and Allied Workers Local 6 Pension Fund | Quincy | In partnerships and joint ventures: $29M |
| International Union of Operating Engineers Local 4 Pension Fund | Medway | In partnerships and joint ventures: $60M |
| Iron Workers District Council of New England Pension Fund | Dorchester | In partnerships and joint ventures: $280M |
| IUOE Local 98 Pension Plan | Southwick | In partnerships and joint ventures: $50M |
| Massachusetts Bricklayers & Masons Pension Plan | Boston | In partnerships and joint ventures: $110M |
| Massachusetts Laborers' Pension Fund | Burlington | In partnerships and joint ventures: $819M |
| N. Atlantic States Carp. Guaranteed Annuity Fund | Wilmington | In partnerships and joint ventures: $1.7B |
| N. Atlantic States Carp. Pension Fund | Wilmington | In partnerships and joint ventures: $2B |
| New England Teamsters Pension Fund | Burlington | In partnerships and joint ventures: $777M |
| Painters and Allied Trades District Council No. 35 Pension Fund | Roslindale | In partnerships and joint ventures: $189M |
| Pipefitters Union Local No. 537 Pension Fund | Dorchester | In partnerships and joint ventures: $186M |
| Unite Here! Workers and Hospitality Employers VDB Pension Trust | Boston | In partnerships and joint ventures: $34M |
| Boston Symphony Orchestra Pensions Trust Fund | Boston | In partnerships and joint ventures: $75M |
| Harbourvest 2018 Global Fund L. P. | Boston | In partnerships and joint ventures: $691M |
| Harbourvest Blue Ridge Fund L.P. | Boston | In partnerships and joint ventures: $135M |
| Harbourvest Emmpt Pe Fund L.P. | Boston | In partnerships and joint ventures: $36M |
| Harbourvest Int'l Private Equity Partners VI-Partnership Fund L.P. | Boston | In partnerships and joint ventures: $492M |
| Harbourvest New Street Fund L.P. | Boston | In partnerships and joint ventures: $1.1B |
| Harbourvest Partners IX L.P. | Boston | In partnerships and joint ventures: $265M |
| Harbourvest Partners IX-Credit Opportunities Fund L.P. | Boston | In partnerships and joint ventures: $41M |
| Harbourvest Partners IX-Venture Fund L.P. | Boston | In partnerships and joint ventures: $1.1B |
| Harbourvest Partners VIII-Venture Fund L.P. | Boston | In partnerships and joint ventures: $666M |
| Harbourvest Partners X L.P. | Boston | In partnerships and joint ventures: $190M |
| Harbourvest Partners X Venture Fund L.P. | Boston | In partnerships and joint ventures: $877M |
| Harbourvest Partners XI Buyout Fund L.P. | Boston | In partnerships and joint ventures: $1.3B |
| Harbourvest Partners XI Micro Buyout Feeder Fund L.P. | Boston | In partnerships and joint ventures: $120M |
| Harbourvest Partners XI Venture Fund L. P. | Boston | In partnerships and joint ventures: $884M |
| Harbourvest Partners XII Buyout Fund L. P. | Boston | In partnerships and joint ventures: $714M |
| Harbourvest Partners XII Venture Fund L. P. | Boston | In partnerships and joint ventures: $562M |
| Harbourvest Real Assets - Energy Fund L. P. | Boston | In partnerships and joint ventures: $31M |
| Harbourvest Real Assets Fund III LP | Boston | In partnerships and joint ventures: $263M |
| Harbourvest Reynolds Fund I L.P. | Boston | In partnerships and joint ventures: $544M |
| HIPEP IX Fund L.P. | Boston | In partnerships and joint ventures: $728M |
| HIPEP VI-European Small-Medium Buyout Fund L.P. | Boston | In partnerships and joint ventures: $33M |
| HIPEP VII Asia Pacific Fund L. P. | Boston | In partnerships and joint ventures: $153M |
| HIPEP VII Emerging Markets Fund L.P. | Boston | In partnerships and joint ventures: $28M |
| HIPEP VII Europe Fund L.P. | Boston | In partnerships and joint ventures: $127M |
| HIPEP VII Partnership Fund L.P. | Boston | In partnerships and joint ventures: $876M |
| HIPEP VIII Partnership Fund L.P. | Boston | In partnerships and joint ventures: $1B |
| HV Special Situations Fund L. P. | Boston | In partnerships and joint ventures: $318M |
| MGB Erisa Master Trust | Somerville | In partnerships and joint ventures: $8.3B |
| Physicians Organization at Childrens Hospital Retirement Plan Group Trust | Boston | In partnerships and joint ventures: $146M |
| American Community Capital | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Aura Mortgage Advisors | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| BDC Community Capital Corp. | Wakefield | Community development loan fund in Wakefield, MA, certified by the US Treasury’s CDFI Fund. |
| BlueHub Loan Fund Inc | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| BOSTON IMPACT INITIATIVE FUND II LLC | Jamaica Plain | Community development loan fund in Jamaica Plain, MA, certified by the US Treasury’s CDFI Fund. |
| Cape & Islands Community Development Inc. | Centerville | Community development loan fund in Centerville, MA, certified by the US Treasury’s CDFI Fund. |
| Children's Investment Fund, Inc. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Common Capital, Inc. | Springfield | Community development loan fund in Springfield, MA, certified by the US Treasury’s CDFI Fund. |
| Community Development and Affordable Housing Fund, LLC | Brookline | Community development loan fund in Brookline, MA, certified by the US Treasury’s CDFI Fund. |
| Community Health Center Capital Fund, Inc. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Cooperative Fund of the Northeast, Inc. | Watertown | Community development loan fund in Watertown, MA, certified by the US Treasury’s CDFI Fund. |
| Dorchester Bay Neighborhood Loan Fund, Inc. | Dorchester | Community development loan fund in Dorchester, MA, certified by the US Treasury’s CDFI Fund. |
| Grow America Fund, Inc. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Housing Partnership Fund, Inc., The | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Local Enterprise Assistance Fund, Inc. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Massachusetts Housing Investment Corporation | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| MentorWorks Education Capital, Inc. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| MHIC, LLC | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| NDC Community Impact Loan Fund | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Nectar Community Investments, Inc. | Lawrence | Community development loan fund in Lawrence, MA, certified by the US Treasury’s CDFI Fund. |
| Neighborhood Housing Finance Corporation | Quincy | Community development loan fund in Quincy, MA, certified by the US Treasury’s CDFI Fund. |
| NEW HOPE COMMUNITY CAPITAL, INC. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| North Central Massachusetts Development Corporation | Fitchburg | Community development loan fund in Fitchburg, MA, certified by the US Treasury’s CDFI Fund. |
| OneUnited Bank | Boston | Community development bank or thrift in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Quaboag Valley Business Assistance Corporation | Ware | Community development loan fund in Ware, MA, certified by the US Treasury’s CDFI Fund. |
| South Eastern Economic Development Corporation | Taunton | Community development loan fund in Taunton, MA, certified by the US Treasury’s CDFI Fund. |
| The Housing Partnership Network, Inc. | Boston | Community development loan fund in Boston, MA, certified by the US Treasury’s CDFI Fund. |
| Avidia Bank | Hudson | 7(a) loans approved, fiscal year 2026: $5.4M |
| Beacon Bank and Trust | Brookline | 7(a) loans approved, fiscal year 2026: $276M |
| East Cambridge Savings Bank | Cambridge | 7(a) loans approved, fiscal year 2026: $4.5M |
| Eastern Bank | Boston | 7(a) loans approved, fiscal year 2026: $36M |
| Florence Bank | Florence | 7(a) loans approved, fiscal year 2026: $4.2M |
| Leader Bank, National Association | Arlington | 7(a) loans approved, fiscal year 2026: $49M |
| Northern Bank and Trust Company | Woburn | 7(a) loans approved, fiscal year 2026: $5.4M |
| Rockland Trust Company | Rockland | 7(a) loans approved, fiscal year 2026: $38M |
| Salem Five Cents Savings Bank | Salem | 7(a) loans approved, fiscal year 2026: $8.7M |
| The Cape Cod Five Cents Savings Bank | Hyannis | 7(a) loans approved, fiscal year 2026: $7.9M |
LPs based in Massachusetts
Foundations, pension plans, and other LPs here that report the venture funds they hold, by the number they hold. Local LPs often back local managers.
Family offices in Massachusetts
Family offices registered with the SEC as investment advisers, from the Family Office Index. Most family offices are exempt from registering and aren’t on this list.
| Family office | City | Regulatory assets |
|---|---|---|
| Fiduciary Trust International, LLC | Lincoln | $7.7B |
| Boston Family Office LLC | Boston | $2B |
| RPG Family Wealth Advisory, LLC | Burlington | $701M |
| Boston Family Advisors LLC | Boston | $330M |
| Family Partners Capital, LLC | Hamilton | $92M |
| Clearview Family Wealth, LLC | Peabody | — |
About the data
An adviser’s state is where its Form ADV says its main office is. A fund-index firm is placed by the headquarters city the index lists, or by its Form ADV when the city doesn’t tell. Capital sources, LPs, and family offices are placed by the address their own register gives. Angel investors who list themselves are at hottub.vc/investors. Organizations only: no individuals are listed here, and a listing is a public record, not a recommendation. See the methodology.