Matrix Partners is a venture capital firm established in 1977, with offices in San Francisco, Cambridge, Shanghai, Beijing, Mumbai, and Bangalore. The firm focuses on seed, early-stage, late-stage, and growth capital investments across various sectors, including software, communications, artificial intelligence, fintech, digital health, and clean technology. With a commitment to building long-term relationships with entrepreneurs, Matrix Partners aims to support visionary founders in developing significant, industry-leading companies. The firm has a strong track record, having participated in hundreds of investments, with many of its portfolio companies achieving successful IPOs or profitable mergers and acquisitions. The team at Matrix Partners combines local insights with global expertise, comprising both former entrepreneurs and seasoned investors.
2601, Taikang Financial Tower, No.38, East 3rd Ring Road North, Chaoyang District, Beijing 100026, China
101 Main St. 17th Floor Cambridge, MA 02142
535 Mission St. Suite 2600 San Francisco, CA 94105
260 Homer Ave, Suite 201 Palo Alto, CA 94301
Ben Altshuler
Partner
Tim Barrows
Partner
Diana Kimball Berlin
Partner
Rahul Chaudhary
Venture Partner
Pranay Desai
Managing Director
Phyllis Doherty
Administrative Partner
Paul J. Ferri
Co-Founder
Jacob Jolis
Partner
Patrick Malatack
Partner
Harry Man
Partner
Kojo Osei
Partner
Kun Qian
Managing Director
Brian Ru
Venture Partner
Varun Singhal
Senior Associate
Dana Stalder
General Partner
David Su
Founding Managing Partner
Ilya Sukhar
General Partner
Sun Linghao
Managing Partner
Huadong Wang
Partner
Kevin Xiong
Partner
Michael Zuo
Partner
T.J. Parker
Partner
Past deals in Transport and logistics
Yuancang Warehouse
Seed Round in 2023
Yuancang Warehouse focuses on providing standardized warehouse distribution, logistics, customized order execution, supply chain and other related integrated services for Southeast Asian e-commerce.
Courier provides an API that enables developers to manage and route user notifications across various communication channels, such as email and messaging platforms. By leveraging user engagement data and online status, the API optimizes notification delivery, ensuring that messages reach users through the most effective medium. The company's notification management software allows clients to create reusable messages that can be customized for different channels, facilitating timely and targeted communication. Over the years, Courier has adapted to technological advancements while maintaining a stable management approach, emphasizing the importance of customer success. The company has developed long-lasting relationships with its largest clients, continually collaborating to meet their evolving needs.
Dray Alliance is a technology company focused on transforming the drayage trucking industry by providing a digital platform that simplifies and streamlines container delivery. Its platform connects shippers, carriers, and truckers in real time, enhancing transparency and predictability in the delivery process. By standardizing drayage rates, the company eliminates haggling, allowing for more efficient pricing. Dray Alliance also employs data-driven insights to check container availability, optimize return trips, and conduct performance reviews and random inspections of truckers. This approach not only fosters accountability among draymen but also enables import and export shippers to better plan and manage the transportation of goods from ports to warehouses. Overall, Dray Alliance seeks to reduce friction and improve the efficiency of container trucking operations.
Surpath is an AI-driven cloud-based platform that formulates optimal supply chain solutions based on clients' needs. The firm provides cross-border transportation to destination services, optimized logistics, and analytics solutions that solve complex problems.
Space Transportation
Venture Round in 2021
Space Transportation designs and manufactures space transport systems intended to reduce space exploration costs. It specializes in developing reusable commercial space transport vehicles, aiming to reduce commercial launch costs associated with reentry and carrier recycling.
DiShangTie Car Rental (Shenzhen) Co., Ltd. is a Shenzhen-based company that specializes in the rental and maintenance of commercial electric vehicles (EVs) for both passenger and cargo transportation in China. Founded in 2015, the company also manufactures electric car charging stations, catering to the growing demand for sustainable transportation solutions. By focusing on the transportation and logistics industry, DiShangTie aims to facilitate the adoption of new energy vehicles in the region.
Based on the core technology of high-speed three-dimensional warehousing automation, Huicang Technology focuses on two innovative product lines of standardized and modular high-speed three-dimensional storage and sorting. The company was co-founded by two American professors in the field of robotics and real-time control. The core team has gathered elites in logistics equipment, warehousing operations and other industries, with strong independent research and development strength and perfect production and implementation capabilities. Huicang products are widely used in manufacturing, distribution and terminals. With the outstanding advantages of "saving people and land, and taking both measures", it can save more than 70% of labor and land occupation. Huicang products have the remarkable characteristics of rapid implementation and flexible relocation, and provide customers with warehouse automation solutions with high input-output ratio and high flexibility.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.
Courier provides an API that enables developers to manage and route user notifications across various communication channels, such as email and messaging platforms. By leveraging user engagement data and online status, the API optimizes notification delivery, ensuring that messages reach users through the most effective medium. The company's notification management software allows clients to create reusable messages that can be customized for different channels, facilitating timely and targeted communication. Over the years, Courier has adapted to technological advancements while maintaining a stable management approach, emphasizing the importance of customer success. The company has developed long-lasting relationships with its largest clients, continually collaborating to meet their evolving needs.
Dray Alliance is a technology company focused on transforming the drayage trucking industry by providing a digital platform that simplifies and streamlines container delivery. Its platform connects shippers, carriers, and truckers in real time, enhancing transparency and predictability in the delivery process. By standardizing drayage rates, the company eliminates haggling, allowing for more efficient pricing. Dray Alliance also employs data-driven insights to check container availability, optimize return trips, and conduct performance reviews and random inspections of truckers. This approach not only fosters accountability among draymen but also enables import and export shippers to better plan and manage the transportation of goods from ports to warehouses. Overall, Dray Alliance seeks to reduce friction and improve the efficiency of container trucking operations.
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.
Starship Technologies, Inc. designs and manufactures self-driving delivery robots for local goods delivery, including parcels, groceries, and food. Founded in 2014 and headquartered in London, with a research and development center in Estonia, the company aims to revolutionize the delivery landscape by providing autonomous robots that operate safely and efficiently. These robots can autonomously navigate 99% of the time, enabling curb-side deliveries from local hubs within 30 minutes. Equipped with advanced sensors such as cameras and GPS, Starship's delivery solutions are intended to be environmentally friendly and cost-effective, significantly enhancing convenience for consumers. By partnering with stores and restaurants, Starship Technologies facilitates a new era of instant deliveries that align with customer schedules, ultimately striving to make local delivery more accessible and affordable.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.
Courier provides an API that enables developers to manage and route user notifications across various communication channels, such as email and messaging platforms. By leveraging user engagement data and online status, the API optimizes notification delivery, ensuring that messages reach users through the most effective medium. The company's notification management software allows clients to create reusable messages that can be customized for different channels, facilitating timely and targeted communication. Over the years, Courier has adapted to technological advancements while maintaining a stable management approach, emphasizing the importance of customer success. The company has developed long-lasting relationships with its largest clients, continually collaborating to meet their evolving needs.
Fuyoukache provides long distance truck logistics services to enterprises, individuals and large third-party logistics companies, connecting truck drivers with those in need of logistic services via its online platform.
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.
DiShangTie Car Rental (Shenzhen) Co., Ltd. is a Shenzhen-based company that specializes in the rental and maintenance of commercial electric vehicles (EVs) for both passenger and cargo transportation in China. Founded in 2015, the company also manufactures electric car charging stations, catering to the growing demand for sustainable transportation solutions. By focusing on the transportation and logistics industry, DiShangTie aims to facilitate the adoption of new energy vehicles in the region.
DiShangTie Car Rental (Shenzhen) Co., Ltd. is a Shenzhen-based company that specializes in the rental and maintenance of commercial electric vehicles (EVs) for both passenger and cargo transportation in China. Founded in 2015, the company also manufactures electric car charging stations, catering to the growing demand for sustainable transportation solutions. By focusing on the transportation and logistics industry, DiShangTie aims to facilitate the adoption of new energy vehicles in the region.
Liushanmen, headquartered in Beijing, China, is a logistics technology company that specializes in high-quality internet food delivery services. The company focuses primarily on take-out food while also incorporating offline shops as a supplementary aspect of its business model. Liushanmen aims to enhance its offerings by utilizing a Central Kitchen to consolidate various food products, which are then delivered to customers. To strengthen its market presence, the company plans to establish its first Experience Centers in locations such as UIBE, Chao Yang University Town, and Z-Innoway, targeting the white-collar demographic in these areas.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.
Starship Technologies, Inc. designs and manufactures self-driving delivery robots for local goods delivery, including parcels, groceries, and food. Founded in 2014 and headquartered in London, with a research and development center in Estonia, the company aims to revolutionize the delivery landscape by providing autonomous robots that operate safely and efficiently. These robots can autonomously navigate 99% of the time, enabling curb-side deliveries from local hubs within 30 minutes. Equipped with advanced sensors such as cameras and GPS, Starship's delivery solutions are intended to be environmentally friendly and cost-effective, significantly enhancing convenience for consumers. By partnering with stores and restaurants, Starship Technologies facilitates a new era of instant deliveries that align with customer schedules, ultimately striving to make local delivery more accessible and affordable.
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.
DiShangTie Car Rental (Shenzhen) Co., Ltd. is a Shenzhen-based company that specializes in the rental and maintenance of commercial electric vehicles (EVs) for both passenger and cargo transportation in China. Founded in 2015, the company also manufactures electric car charging stations, catering to the growing demand for sustainable transportation solutions. By focusing on the transportation and logistics industry, DiShangTie aims to facilitate the adoption of new energy vehicles in the region.
DiShangTie Car Rental (Shenzhen) Co., Ltd. is a Shenzhen-based company that specializes in the rental and maintenance of commercial electric vehicles (EVs) for both passenger and cargo transportation in China. Founded in 2015, the company also manufactures electric car charging stations, catering to the growing demand for sustainable transportation solutions. By focusing on the transportation and logistics industry, DiShangTie aims to facilitate the adoption of new energy vehicles in the region.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.
ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.
Yunniao was established in November 2014 to provide regional and city distribution business for the B2B, O2O, chain stores, distributors, brands, manufacturers, LTL network and supply chain management companies besides other customers.
Starship Technologies, Inc. designs and manufactures self-driving delivery robots for local goods delivery, including parcels, groceries, and food. Founded in 2014 and headquartered in London, with a research and development center in Estonia, the company aims to revolutionize the delivery landscape by providing autonomous robots that operate safely and efficiently. These robots can autonomously navigate 99% of the time, enabling curb-side deliveries from local hubs within 30 minutes. Equipped with advanced sensors such as cameras and GPS, Starship's delivery solutions are intended to be environmentally friendly and cost-effective, significantly enhancing convenience for consumers. By partnering with stores and restaurants, Starship Technologies facilitates a new era of instant deliveries that align with customer schedules, ultimately striving to make local delivery more accessible and affordable.
Developer of an online supply chain management platform for medical supplies. The company's platform helps clients track logistic status, manage storage, and ensure timely delivery, enabling clients to get access to sufficient medical supplies.
oTMS Inc. is a cloud-based logistics planning software provider based in Shanghai, China. Established in 2011, the company offers a range of solutions designed to enhance transportation management and logistics efficiency. Its flagship products include FreightPartner, a platform that connects shippers and carriers for logistics bidding; oneTMS, which integrates manufacturers, carriers, and retailers for shipment management; and Orange, a transport outsourcing service that provides various customer benefits. Additional offerings include oneInsurance, a transport insurance solution; Dock Appointment, which facilitates scheduling for pickups and deliveries; and Handshake, a digital pickup solution. oTMS also features a truck tracker application for drivers, enabling real-time shipment tracking and location services. The company serves multiple industries, including retail, automotive, and pharmaceuticals, aiming to create a comprehensive, user-friendly platform that streamlines the logistics process while improving customer service and reducing costs.
Yunniao was established in November 2014 to provide regional and city distribution business for the B2B, O2O, chain stores, distributors, brands, manufacturers, LTL network and supply chain management companies besides other customers.
123Feng operates an online platform and provides courier delivery services. It provides last mile delivery services to O2O (online-to-offline) companies, restaurants, and fast VIP personal delivery services. 123Feng began operation in 2014. It has its headquarters in Hangzhou in China.
Yunniao was established in November 2014 to provide regional and city distribution business for the B2B, O2O, chain stores, distributors, brands, manufacturers, LTL network and supply chain management companies besides other customers.
oTMS Inc. is a cloud-based logistics planning software provider based in Shanghai, China. Established in 2011, the company offers a range of solutions designed to enhance transportation management and logistics efficiency. Its flagship products include FreightPartner, a platform that connects shippers and carriers for logistics bidding; oneTMS, which integrates manufacturers, carriers, and retailers for shipment management; and Orange, a transport outsourcing service that provides various customer benefits. Additional offerings include oneInsurance, a transport insurance solution; Dock Appointment, which facilitates scheduling for pickups and deliveries; and Handshake, a digital pickup solution. oTMS also features a truck tracker application for drivers, enabling real-time shipment tracking and location services. The company serves multiple industries, including retail, automotive, and pharmaceuticals, aiming to create a comprehensive, user-friendly platform that streamlines the logistics process while improving customer service and reducing costs.
Doorman specializes in consumer-scheduled last mile delivery and return pickup services for e-commerce. The platform allows shoppers to choose the exact hour for delivery of their purchases, with the flexibility to reschedule delivery times, days, or locations without the need to contact customer service. This service aims to eliminate issues related to missed deliveries and missing packages, thereby enhancing customer satisfaction. Doorman is supported by notable venture capital firms, including Matrix Partners, Structure Capital, Alrai Capital, and 500 Startups.
Provider of supply chain financial technology platform intended to offer enterprises supply chain financial services. The company's services include customized business travel data reports, multi-dimensional intelligent data analysis and third-party clearing and settlement services, enabling clients to restrain the business trip costs and improve the efficiency of financial transaction.
oTMS Inc. is a cloud-based logistics planning software provider based in Shanghai, China. Established in 2011, the company offers a range of solutions designed to enhance transportation management and logistics efficiency. Its flagship products include FreightPartner, a platform that connects shippers and carriers for logistics bidding; oneTMS, which integrates manufacturers, carriers, and retailers for shipment management; and Orange, a transport outsourcing service that provides various customer benefits. Additional offerings include oneInsurance, a transport insurance solution; Dock Appointment, which facilitates scheduling for pickups and deliveries; and Handshake, a digital pickup solution. oTMS also features a truck tracker application for drivers, enabling real-time shipment tracking and location services. The company serves multiple industries, including retail, automotive, and pharmaceuticals, aiming to create a comprehensive, user-friendly platform that streamlines the logistics process while improving customer service and reducing costs.
123Feng operates an online platform and provides courier delivery services. It provides last mile delivery services to O2O (online-to-offline) companies, restaurants, and fast VIP personal delivery services. 123Feng began operation in 2014. It has its headquarters in Hangzhou in China.
Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standard and luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them. In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.
FedEx Corporation is a global leader in transportation, e-commerce, and business services. The company operates several segments, including FedEx Express, which specializes in expedited shipping of packages and freight, and FedEx Ground, which offers reliable ground delivery services for both businesses and residential customers. FedEx Freight provides less-than-truckload shipping solutions, while FedEx Office delivers various printing and shipping management services. Additionally, the company offers a range of logistics and supply chain management solutions, including customs brokerage and freight forwarding. With a strong emphasis on safety and customer service, FedEx has built a reputation as a trusted employer and service provider. Founded in 1971 and headquartered in Memphis, Tennessee, FedEx continues to innovate in the shipping industry, exemplified by its acquisition of TNT Express in 2016, which expanded its operations in Europe.
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