
MaC Venture Capital
Description
MaC Venture Capital is an early-stage venture capital firm with a strong focus on identifying and nurturing innovative technology companies. While the user specified Abilene, the firm is primarily based in Los Angeles, California, with additional offices in Silicon Valley and New York, positioning it strategically across major tech hubs. The firm's core mission revolves around discovering ideas, technologies, and products that possess the potential for widespread adoption and significant societal impact. MaC VC distinguishes itself through its commitment to investing in diverse founders and businesses that address critical unmet needs in the market.
The investment thesis of MaC Venture Capital spans a broad array of sectors, including FinTech, the Future of Work, EdTech, Supply Chain, E-commerce, Marketplaces, Gaming, and Digital Media. They are particularly interested in companies that leverage technology to create scalable solutions and disrupt traditional industries. A notable aspect of MaC VC's strategy is its dedication to fostering an inclusive ecosystem, actively seeking out and supporting entrepreneurs from underrepresented backgrounds. This commitment is not merely social but also strategic, as the firm believes that diverse perspectives lead to more innovative and resilient companies.
MaC Venture Capital has demonstrated significant growth in its funding capacity. The firm successfully closed its inaugural fund, MaC VC Fund I, at $110 million in 2020, establishing a solid foundation for its early-stage investments. Building on this success, they announced the close of their second fund, MaC VC Fund II, at an impressive $203 million in February 2022. This brings their total assets under management to over $300 million, enabling them to make substantial investments. Typically, MaC Venture Capital writes initial checks ranging from $500,000 to $5,000,000, primarily targeting seed-stage to Series A companies. This range allows them to provide crucial early capital while also participating in more mature early-stage rounds.
Investor Profile
MaC Venture Capital has backed more than 249 startups, with 15 new investments in the last 12 months alone. The firm has led 80 rounds, about 32% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Kenya, Nigeria.
- Strong thematic focus on Software, Artificial Intelligence (AI), Health Care.
- Led 7 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (62%)
- Series A (17%)
- Pre Seed (8%)
- Series B (6%)
- Series Unknown (5%)
- Convertible Note (2%)
Country Focus
- United States (91%)
- Kenya (2%)
- Nigeria (2%)
- Germany (1%)
- Mexico (1%)
- Canada (1%)
- United Kingdom (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Health Care
- Information Technology
- Financial Services
- Fintech
- Machine Learning
- Media And Entertainment
- Mobile
- Social Media
Frequently Asked Questions
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