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M3 Ventures

North America, New York, United States, New York

Description

M3 Ventures, a New York City-based early-stage venture capital firm, operates as a strategic investment partner for visionary founders primarily within the fashion, lifestyle, and wellness sectors. Founded by Martin Dolfi, who brings extensive experience from the luxury and consumer brand industries, including a background at LVMH, the firm leverages deep sector-specific expertise. M3 Ventures' investment thesis centers on identifying and nurturing disruptive technologies and innovative business models that are poised to redefine the consumer landscape, offering more than just capital but also invaluable strategic guidance.

The firm primarily targets Seed and Series A funding rounds, aiming to support companies from their nascent stages through significant growth. M3 Ventures distinguishes itself by providing hands-on operational support and facilitating access to a robust network of industry contacts, which is crucial for consumer-focused startups navigating competitive markets. Their approach emphasizes building long-term partnerships, with a clear objective to help portfolio companies scale effectively and establish a strong market presence. This focused strategy allows M3 Ventures to develop specialized insights and deliver tailored value to its investments.

While specific fund sizes are not publicly disclosed, M3 Ventures typically deploys initial checks ranging from approximately $500,000 to $3,000,000, depending on the stage and specific capital requirements of the startup. As of early 2024, the firm has demonstrated an active investment pace, having made over 25 investments across a diverse array of companies within its target sectors. Their portfolio showcases innovation in areas such as sustainable fashion, personalized wellness solutions, and direct-to-consumer lifestyle brands, underscoring M3 Ventures' keen eye for emerging trends and shifts in consumer behavior. This consistent activity solidifies their position as a notable early-stage investor in the US consumer venture capital ecosystem.

Investor Profile

M3 Ventures has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 4% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, India.
  • Strong thematic focus on E-Commerce, Health Care, Food and Beverage.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (42%)
  • Series A (23%)
  • Series Unknown (15%)
  • Series B (12%)
  • Private Equity (4%)
  • Series C (4%)

Country Focus

  • United States (96%)
  • India (4%)

Industry Focus

  • E-commerce
  • Health Care
  • Food And Beverage
  • Consumer Goods
  • Retail
  • Fashion
  • Delivery
  • Shopping
  • Beauty
  • Fitness
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does M3 Ventures frequently co-invest with?

Imaginary Ventures
North America, New York, United States, New York
Co-Investments: 3
Align Ventures
North America, New York, United States, New York
Co-Investments: 2
University of Chicago
North America, Illinois, United States, Chicago
Co-Investments: 3
Fifth Wall
North America, California, United States, Los Angeles
Co-Investments: 6
Black Jays
North America, New York, United States, New York
Co-Investments: 4
Silas Capital
North America, New York, United States, New York
Co-Investments: 3
Wittington Ventures
North America, Ontario, Canada, Toronto
Co-Investments: 3
BoxGroup
North America, New York, United States, New York
Co-Investments: 3
Revolution’s Rise of the Rest Seed Fund
North America, District of Columbia, United States, Washington
Co-Investments: 4
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 5

Which angels does M3 Ventures often collaborate with?

MK
North America, California, United States, Harbor City
Shared Deals: 1
AS
North America, New York, United States, New York
Shared Deals: 1
JN
North America, California, United States, Los Angeles
Shared Deals: 2
FY
North America, New York, United States, New York
Shared Deals: 2
NJ
North America, California, United States, Los Angeles
Shared Deals: 3
AB
North America, United States
Shared Deals: 2
JF
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
RL
North America, Oregon, United States, Bend
Shared Deals: 2
NR
North America, New York, United States, New York
Shared Deals: 2

What are some of recent deals done by M3 Ventures?

Blue Jet Healthcare

Mumbai, Maharashtra, India

Blue Jet Healthcare specializes in the collaboration, development, and manufacturing of advanced pharmaceutical intermediates and APIs.

Health CareMedical
Private EquityOct 23, 2023
Amount Raised: $30,350,641
Foxtrot

Chicago, Illinois, United States

Foxtrot is a mobile app that lets customers shop a curated collection of drinks, food, and everyday essentials.

Consumer GoodsDeliveryE-CommerceShopping
Series CJan 11, 2022
Amount Raised: $100,000,000
Ceremonia

New York, New York, United States

Ceremonia is a new modern haircare brand rooted in Latin heritage.

BeautyPersonal BrandingWellness
SeedApr 30, 2021
Amount Raised: $2,000,000
Foxtrot

Chicago, Illinois, United States

Foxtrot is a mobile app that lets customers shop a curated collection of drinks, food, and everyday essentials.

Consumer GoodsDeliveryE-CommerceShopping
Series BFeb 22, 2021
Amount Raised: $42,000,000
TrustLayer

San Francisco, California, United States

TrustLayer is an insurtech company automating insurance verification with machine learning and AI.

Artificial Intelligence (AI)InsuranceInsurTechMachine Learning
SeedFeb 2, 2021
Amount Raised: $6,600,000
Coterie

New York, New York, United States

Coterie creates smart, innovative baby care products that make parents' lives easier, starting with its high-performing diaper.

Consumer GoodsE-CommerceHealth CareRetail
SeedDec 18, 2020
Amount Raised: $5,250,000
Coterie

New York, New York, United States

Our clean, soft, high-performing diapering essentials are thoughtfully engineered to support babies through every stage and milestone.

Consumer GoodsE-CommerceHealth CareRetail
SeedNov 27, 2020
Amount Raised: $5,250,000
Van Leeuwen Ice Cream

Brooklyn, New York, United States

Van Leeuwen Ice Cream is a maker of ice cream made from natural ingredients.

Food and BeverageFood ProcessingFood TrucksOrganic Food
Series BFeb 27, 2020
Amount Raised: $18,700,000
Foxtrot

Chicago, Illinois, United States

Foxtrot is a mobile app that lets customers shop a curated collection of drinks, food, and everyday essentials.

Consumer GoodsDeliveryE-CommerceShopping
Series AFeb 5, 2020
Amount Raised: $17,000,000
Something Navy

New York, New York, United States

Something Navy as a fashion blog in 2009 and has since become a leader in the influencer space.

Series UnknownAug 19, 2019
Amount Raised: $10,000,000