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Gray Matters Capital

101 Marietta St NW Ste 2220, Atlanta, Georgia, 30303, United States

Overview

Foundation focused on improving education and social impact investments.

Founded

2006

Deals · 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

—

Geographic focus

Ghana
India
Kenya
Nigeria
...

Sector focus

Financial Services
Venture Capital

Investment portfolio

14rounds
NAMEDATESIZE
HerSpace
Sep 2026Led
$40 MOther Equity
HerSpace
Dec 2025Led
$10 MOther Equity
Kreedo Early Childhood Solutions
Aug 2024Participated
$4 MSeries A
iDream Career
Apr 2022Participated
$2 MOther Equity
Shamba Pride
Dec 2021Led
$1 MOther Equity
Farmers Pride
Nov 2020Led
$0.22 MOther Equity
Farmshine
Dec 2019Led
$0.25 MOther Equity
Taimba Limited
Jul 2019Led
$0.10 MOther Equity
Ignis Careers
Jan 2019Led
$0.15 MOther Equity
MPOWER
Dec 2018Led
$110 MOther Equity
SonoCare
Nov 2018Led
$0.25 MOther Equity
Redbird
Jul 2018Led
$0.25 MOther Equity
HerSpace
Sep 2026Led
$40 MOther Equity
HerSpace
Dec 2025Led
$10 MOther Equity
Kreedo Early Childhood Solutions
Aug 2024Participated
$4 MSeries A
iDream Career
Apr 2022Participated
$2 MOther Equity
Shamba Pride
Dec 2021Led
$1 MOther Equity
Farmers Pride
Nov 2020Led
$0.22 MOther Equity
Farmshine
Dec 2019Led
$0.25 MOther Equity
Taimba Limited
Jul 2019Led
$0.10 MOther Equity
Ignis Careers
Jan 2019Led
$0.15 MOther Equity
MPOWER
Dec 2018Led
$110 MOther Equity
SonoCare
Nov 2018Led
$0.25 MOther Equity
Redbird
Jul 2018Led
$0.25 MOther Equity
14
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Gray Matters Capital: 14 funding rounds are recorded in the selected participation categories.All available history.
Gray Matters Capital: 14 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A11
Other Equity102

Monthly Deal Activity

Gray Matters Capital: 14 deals are recorded across 205 months.All available history.
Gray Matters Capital: 14 deals are recorded across 205 months. All available history
MonthDeals
Oct '091
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '181
Aug '180
Sep '180
Oct '180
Nov '181
Dec '181
Jan '191
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '191
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '211
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Gray Matters Capital: Health & Life Sciences is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Gray Matters Capital: Health & Life Sciences is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Health & Life Sciences5
Education & Workforce4
Manufacturing4
Food & Agriculture4
E-Commerce & Retail3
Cybersecurity & Privacy2
Real Estate & Construction2
Consumer & Lifestyle2
Clean Energy & Sustainability1
Transportation & Logistics1
Networks, Cloud & Communication1
Fintech1
Professional Services1
Social & Community Platforms1

Deal Size Distribution

Gray Matters Capital: 14 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Gray Matters Capital: 14 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M10
$5M-$10M1
$10M-$25M1
$25M-$50M1
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Gray Matters Capital: India has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

Gray Matters Capital: India has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
India6
Kenya4
United States1
Nigeria1
Europe1
Ghana1
Gray Matters Capital: 20 co-investors are shown, with 1776 sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Gray Matters Capital: 20 co-investors are shown, with 1776 sharing 1 recorded deals. All available history
Co-investorShared deals
17761
1Crowd1
Acumen1
Artha Initiative1
Atlanta Ventures1
Breega1
Community Investment Management1
Draper Fisher Jurvetson1
Fresco Capital1
Garage Technology Ventures1
Goal Structured Solutions1
Heritas Capital1
K Street Capital1
Mahindra Group1
Menterra1
Nexus Venture Partners1
Potencia Ventures1
Seedstars Africa Ventures1
The Chennai Angels1
The Joka Angel Network1

Investment Strategy

Gray Matters Capital: Led accounts for 79% and participating for 21% of round participation.All available history.
Gray Matters Capital: Led accounts for 79% and participating for 21% of round participation. All available history
CategoryDeals (count)Share (%)
Led1179%
Participating321%
Gray Matters Capital: Single-lead accounts for 82% and co-led for 18% of lead dynamics.All available history.
Gray Matters Capital: Single-lead accounts for 82% and co-led for 18% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead982%
Co-led218%

Team

Arun Gore

Managing Director & Partner

Jennifer Soltis

Manager

Pranay Adhvaryu

Head Of InvestmentsHead

Robert Pattillo

Founder

Smita Sircar

President & CEO