M12

Other · San Francisco, California

M12 is a direct investment firm based in San Francisco, California. 71 portfolio companies and 5 recorded rounds are on record.

AUM
—
Portfolio companies
71
Recorded deals
5
1 in last 12M
Last investment
Jan 2026

Deal history

5 participations
DateCompanyRaisedRole
Jan 2026Neurophos▮▮
Jul 2025Armada (Commercial Products)▮▮
Aug 2024Armada (Commercial Products)▮▮
+ 2 more deals · all 5, priced and dated
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Investment activity

M12 joined 2 recorded rounds in the last two years (1 in the last 12 months), up from 1 in the two years before. By year: 1 in 2026, 1 in 2025 and 1 in 2024. Across all 5 recorded rounds, 3 were later-stage and 2 were early-stage. M12 most often invests alongside Founders Fund (3 shared rounds), Baillie Gifford (2 shared rounds) and BlackRock (NYS: BLK) (2 shared rounds). Most recently: Neurophos (Series A, Jan 2026) and Armada (Commercial Products) (Series B2, Jul 2025).

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