• Mattermark

  Participated · Series A · Dec 2014

  Mattermark provides a B2B search and analytics product that reorganizes public web data into company profiles and business intelligence using web crawling, neural networks, and NLP. The company plans to use new funding to hire additional talent and expand analytics across more categories of business users. Mattermark charges $6,000 per year for a single user license and offers enterprise packages starting at $50,000 annually, and it maintains integrations such as Salesforce, Excel, and an API. It tracks roughly 1.5 million companies in its customer-facing database and serves over 500 customers, about 50 of which are public companies. The business derived approximately 44% of revenue from venture capital firms and has shown revenue growth: $1.0M in 2014, $2.4M in 2015, and nearly $300,000 per month at the time of the article. The company is not yet profitable and is focused on reaching breakeven. Mattermark organizes disparate online company information into structured data, aiming to be a "B2B Google" for business intelligence. The service aggregates growth signals and other firmographic and deal data, and today tracks data on roughly 1 million businesses. Typical end users include venture capitalists, sales and marketing teams, investment bankers, corporate development, private equity, hedge funds, commercial real estate and consultants. The company says it has about 500 business customers but is not disclosing revenues. Mattermark plans to use new funding to expand beyond its startup/VC roots, invest more heavily in software automation and machine learning, and hire people to build its big-data capabilities and sell to new customers. The product evolved from YC-backed Referly and the company opened for business in 2013 in San Francisco. Mattermark provides a data platform that aggregates signals from Twitter, news sites, SEC filings, LinkedIn, AngelList, CrunchBase and a proprietary Startup Index to help VC firms, acquirers, sales, marketing, and business development teams spot and track startups. Co-founded in 2013 and based in San Francisco, the company sells access to this platform and lists paying customers including Y Combinator, Andreessen Horowitz, 500 Startups, New Enterprise Associates and Version One Ventures. The startup employs 21 people. Mattermark raised $2M in a second seed round and has now raised $3.4M in total, including a $1M round as Referly in October 2012 and $400K in June 2013 as Mattermark. Backers on the recent round include existing investors Andreessen Horowitz and Ullas Naik alongside new investors such as Version One Ventures, Felicis Ventures, Flybridge Capital Partners, Slow Ventures and Gramercy Fund. The company said it will use the funds to build the team and continue to expand adoption of its platform. Mattermark aggregates signals from sources including social media, app store rankings, Alexa.com, AngelList and news to produce data, news and analysis for investors. Its system relies on an algorithm (about 90% of analysis) developed by CTO Kevin Morrill, with human editors handling the remainder. The product today offers raw data, a weekly newsletter, custom reports, and paid subscriptions. Mattermark charges $500 per month for subscriptions (the first month is free) and sells one‑off custom reports to customers such as angel investors, VCs, accelerators, private equity, family offices and high‑net‑worth individuals. The company launched in June and secured funding from NEA and Andreessen Horowitz to support the launch. Founder Danielle Morrill says she envisions Mattermark as a “Bloomberg for the private markets,” with plans to expand into media customers, increase transparency on private company performance, and help companies identify early customers and partnerships. The team is a pivot from Refer.ly; one member from that effort, Andy Sparks, joined via an acqui‑hire.

No current team members are available.