Fundraising Fox

G20 Ventures

Venture capital

Cambridge · Pre-Seed–Series A · 41 people tracked

Also known as G20 CAPITAL MANAGEMENT, LLC

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Investment thesis

G20 Ventures positions itself as a human-scale, early-stage capital partner now investing from its fourth fund. It aims to help entrepreneurs use capital efficiently, minimize dilution, and win over the long term. The firm emphasizes supporting companies that shift from manual work to scalable systems and geometric growth, particularly in enterprise SaaS, where it helps founders unlock value. Alongside funding, G20 stresses the importance of great storytelling to attract customers, talent, and capital, and building genuine relationships with the people leading companies. It focuses on serving the communities at the core of winning ideas and helping founders turn ideas into reality across early stages.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Series A
Check
$2M – $5M
HQ
Cambridge, Massachusetts, US
Instruments
Equity
Founded
2013
Last 12 months
3 investments
AUM
$61.5M
VC funds
3
Tracked investments
38

Team · 41 people

from the firm's website & public directories
Derek Yooin
Tom Caputoin

7 people who came through G20 Ventures went on to found or lead other companies.

What they invest in

from 22 of 38 portfolio companies

AI & Machine Learning ×14Enterprise Software ×10SaaS ×9Cloud Computing ×6Marketing Tech ×6Fintech ×4AdTech ×3HR Tech ×3

HQs:United States×15

Who they back

founder profiles across 11 portfolio companies
45%
solo founders
5 of 11 mapped founding teams
33%
repeat founders
of 12 founders with career history

Founding team size:solo founder×52 founders×6

Where their founders studiedfrom 10 founders with education data

MIT Sloan School of Management ×3

Where their founders worked beforefrom 12 founders with career history

MaiaEdge ×2

Investments · 38 tracked

founders shown can be your intro path

By year:2026 · 32022 · 12018 · 22015 · 28 dated

128 Technology128technology.comNov 2015acquired by Juniper Networks

Burlington, US

Andrew D. Ory(Executive Officer, Director, Promoter)Patrick J. MeLampy(Mr. MeLampy is the Chief Operating Officer of the Issuer.)Patrick MeLampy(Mr. MeLampy is the Chief Operating Officer of the Issuer.)

BoardSonja Perkins(Director)in

Board seatRobert C. Hower· per SEC Form D

Co-investorsThe Perkins Fund

Actifioactifio.comAug 2018SEC filingmedium confidence

Actifio provides enterprise-class backup and disaster recovery solutions for Google Cloud and hybrid workloads through a SaaS platform.

Cloud ComputingEnterprise SoftwareSaaSWaltham, US

Ashutosh Ashutosh(Executive Officer, Director)Brian Reagan(Executive Officer)Edward Durkin(Executive Officer)inJim Sullivan(Executive Officer)David Dyer(Executive Officer)David Chang(Executive Officer)

Board seatBob Hower· per SEC Form D · $59M raise · filed Aug 2018

Co-investors83NorthAndreessen HorowitzOpen Field CapitalSavano Capital Partners

Fuzefuze.comMay 2018

Boston, US

Board seatRobert HowerBob Hower· per SEC Form D

Co-investorsBessemer Venture Partners

8x88x8.com

Prior team investment (NYSE:EGHT).

Co-investorsCarbide VenturesFrancisco Partners

Acquiaacquia.comin𝕏Sep 2015

Acquia provides digital experience platform software and services built around Drupal that enables enterprises to manage content, build websites and applications, and deliver experiences across multiple channels.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareMarketing TechSaaSBoston, US

Dries Buytaert(Co-Founder, Executive Chairman)inThomas N. Erickson(Chief Executive Officer, President)Michael Cayer(General Counsel and Secretary)William Sorenson(Chief Financial Officer)Paul Sallaberry(Director)Tom Bogan(Director)

Co-investorsVista Equity PartnersBantam GroupCenterview Capital TechnologyGolub GrowthNew Enterprise Associates (NEA)NewView Capital+3 more

Bidtellect

Delray Beach, US

Michael Traylor(Executive Officer)Jeremy Kayne(Executive Officer)Michael Weaver(Executive Officer)Lon Otremba(Executive Officer, Director)Jason Boshoff(Executive Officer)Matias De Tezanos(Director)

Bonobo
Brandlightbrandlight.aiFeb 2026 · $30M

Brandlight helps brands optimize their visibility and positioning in AI-driven search and recommendation systems.

AdTechAI & Machine LearningMarketing Tech

Imri Marcus(CEO)

Co-investorsLG Technology VenturesCardumen CapitalPelion Venture Partners

Clockworkclockwork.aiin𝕏

Clockwork is AI-powered financial planning and analysis software that connects to QuickBooks, Xero, or Excel to automatically generate cash flow forecasts, financial models, and dashboards for businesses and accounting firms.

AI & Machine LearningFintechSaaS

Fady Hawatmeh(Founder)in

Co-investorsUnderscore VCNew Enterprise Associates (NEA)

CloudZerocloudzero.comin𝕏

CloudZero provides cost allocation and financial management for AI workloads, helping companies understand the ROI of their AI investments across cloud platforms and AI services.

AI & Machine LearningCloud ComputingEnterprise SoftwareBoston, US

Erik Peterson(Executive Officer, Director)inMatt Manger(Founder)inPhilip Pergola(Executive Officer, Director)Phil PergolainDon Bulens(Executive Officer, Director)

BoardJames Orsillo(Director)in

Co-investorsInnovius CapitalMatrixThreshold VenturesUnderscore VC

Congruity360congruity360.comin

Congruity360 provides unstructured data management and governance software for enterprises managing large, dispersed datasets across multiple storage systems.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareFall River, US

Co-investorsFlow CapitalSchooner Capital

Electiveselectives.ioinMar 2022

Electives is a platform that connects companies with expert speakers for in-person events such as company offsites, sales kickoffs, and summits.

AI & Machine LearningB2B MarketplacesEdTechFuture of WorkHR TechSaaSCharlestown, US

Krikor Dzeronian(Cofounder)inJason Lavender(Cofounder)in

BoardPeter Blacklow(Director)inMichael Troiano(Director)in

Co-investorsBoston Seed CapitalAccomplice

Emissaryemissaryhealth.org

New York, US

Tony Jaros(Executive Officer, Director)Dino Di Palma(Director)Allen Mueller(Executive Officer, Director)

BoardRobert Hower(Director)Maia Heymann(Director)in

Co-investorsThe MBA FundCanaan PartnersConvergeGV (Google Ventures)The New York Times

Evergageevergage.com

Evergage is now Salesforce Personalization (formerly Interaction Studio / Marketing Cloud Personalization), an AI-driven personalization platform that uses customer data to deliver real-time, one-to-one experiences across web, email, mobile, and agent interactions.

AI & Machine LearningMarketing TechSaaS

Co-investorsPJC

Fetcherfetcher.aiin𝕏

Fetcher provides automated sourcing and outreach software to help companies hire talent across engineering, go-to-market, and executive roles.

AI & Machine LearningHR TechSaaS

Santi Aimetta(Director of Data and Analytics & Co-Founder)Andres Blank(Founder)in

Co-investorsPICUS CAPITALRoo CapitalTola CapitalAccompliceSlow Ventures

Frame AI

Customer support intelligence platform

Co-investorsFirstMark CapitalGreycroftValuestream Ventures

Hometaphometap.comin𝕏

Hometap operates a home equity investment (HEI) platform that lets U.S. homeowners access their home equity without monthly payments, while offering institutional and individual investors exposure to U.S. residential real estate appreciation through structured capital market vehicles.

FintechPropTechBoston, US

Co-investorsAmerican Family VenturesPillar VCGallatin Point Capital

Infinite Realitytheinfinitereality.comin𝕏

Napster provides AI agents and a conversational video platform that democratizes access to expert knowledge across music creation, professional coaching, customer support, and workforce training.

AI & Machine LearningCreator EconomyEnterprise SoftwareSaaS

Juniper Networksjuniper.netin𝕏

Juniper Networks is an enterprise networking company that provides AI-native, self-driving network solutions including wireless infrastructure, SD-WAN, and routing technologies designed to reduce operational complexity and costs.

AI & Machine LearningCloud ComputingEnterprise SoftwareSunnyvale, US

RAMI RAHIM(Executive Officer, Director)BRIAN MARTIN(Executive Officer)ANAND ATHREYA(Executive Officer)BIKASH KOLEY(Executive Officer)William Stensrud(Director)Gerri Elliott(Executive Officer)

Co-investorsKleiner PerkinsNew Enterprise Associates (NEA)VantagePoint Capital Partners

Knode
Mable
Mablemeetmable.com

Mable provides software for food and beverage distributors in the United States, supporting online ordering and catalog management.

Co-investorsNFXUnderscore VCArkitekt VenturesFirst In VenturesVenrockY Combinator

MaiaEdgemaiaedge.ioinJan 2026

MaiaEdge provides network infrastructure and control plane solutions for network operators and colocation providers, enabling instant private connectivity and automated provisioning across distributed sites and multiple carriers.

Cloud ComputingEnterprise SoftwareIoTBurlington, US

Abilash Menon(CEO & Co-Founder)inTimothy Ziemer(Director)

BoardPatrick Melampy(Director, Executive Officer)Andrew D. Ory(Director)

Mauticmautic.comin𝕏

Mautic is an open-source marketing automation platform with a drag-and-drop interface for building campaigns, emails, and landing pages, plus contact management with lead scoring.

Marketing TechSaaS

Co-investorsUnderscore VC

Minteominteo.comin𝕏

Minteo provides stablecoin infrastructure backed by liquid reserves, enabling cross-border money transfers in emerging markets, particularly Latin America.

Crypto & Web3Fintech

William Duran(Founder)in

Co-investorsVarys Capital

Mulberrygetmulberry.comin

Mulberry provides product protection and shopping assurance coverage for online purchases, offering unlimited claims with no deductibles or fees to consumers.

AI & Machine LearningConsumerE-commerceInsurTechSaaSNew York, US

Dominic Chinedu Eleanya(Executive Officer, Director)Chinedu Eleanya(Founder)in

Co-investorsAltai VenturesChaos VenturesCommerce VenturesKube VCRed Bear AngelsEntrepreneurs Roundtable Accelerator (ERA)+1 more

Napster
Narrativethenarrative.devin

Narrative builds custom-trained AI models that automate and scale compliance workflows for financial institutions.

AI & Machine LearningEnterprise SoftwareFintech

Co-investorsSlow VenturesBlank Ventures

Narrativenarrative.ioin𝕏

Narrative builds a data infrastructure platform that enables interoperability across systems and teams through a shared semantic layer, with built-in data quality validation and compliance.

AdTechData & InfrastructureEnterprise SoftwareSector Agnostic

Co-investorsGlasswing VenturesKohala VenturesProgress VenturesEarl Grey Capital

ReFiBuyrefibuy.aiin𝕏Apr 2026 · $13.6M

ReFiBuy provides a platform for optimizing product data and visibility across AI-driven shopping environments and agents.

AI & Machine LearningE-commerceEnterprise SoftwareMarketing TechRaleigh, US

M. Scot Wingo(Executive Officer, Director)Derek Lee Conlin(Executive Officer, Director)

BoardStefan Sterns(Director)

Co-investorsIncubate USKnoll VenturesVela PartnersCommerce VenturesIncubate FundNewRoad Capital Partners, LLC+2 more

RippleMatchripplematch.com

RippleMatch is a job matching platform that connects candidates with relevant job opportunities based on their skills, background, and career goals.

B2B MarketplacesHR TechNew York, US

Andrew Myers(Chief Executive Officer, Treasurer and Secretary)inEric Ho(President and Chief Technology Officer)

BoardMichael Troiano(Director)inJessica Lin(Director)inKevin Ryan(Director)in

Co-investorsAlleyCorpBullpen CapitalRenegade PartnersWork-BenchAlley Robotics Ventures

Rotate
Siemplifysiemplify.co

Amos Stern(Founder)inGarry Fatakhov(Founder)in

Co-investors83North

Simpli-fisimpli.fiin

Simpli.fi provides AI-optimized advertising solutions using location intelligence for marketers, enabling targeted audience activation and campaign measurement across programmatic and omnichannel channels.

AdTechAI & Machine LearningMarketing Tech

Co-investorsContour Venture PartnersProgress Ventures

Via Foundry
Viascientificviascientific.com
Web3Buildersweb3builders.co
Withrotatewithrotate.com

Check Point provides unified security solutions for AI, infrastructure, data, and users across on-premises, cloud, and remote environments using hybrid mesh network architecture and zero trust principles.

Cybersecurity

Co-investorsTorch CapitalTreasuryUpWestat.inc/

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

IPOs and acquisitions across the tracked portfolio

128 Technologyacq. by Juniper Networks

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has G20 Ventures made?
G20 Ventures has 36 tracked investments, 1 of which have exited via acquisition or IPO, including 3 dated in the last 24 months.
What stage does G20 Ventures invest at?
G20 Ventures invests at the Pre-Seed, Seed, Series A stages.
What is G20 Ventures's typical check size?
G20 Ventures typically writes checks of $2M – $5M.
What sectors does G20 Ventures focus on?
G20 Ventures focuses on Enterprise Software, SaaS, Sector Agnostic.
Where is G20 Ventures located?
G20 Ventures is headquartered in Cambridge, US.
Who does G20 Ventures co-invest with?
G20 Ventures most often shares deals with Underscore VC, New Enterprise Associates (NEA), Progress Ventures, among 53 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Tech Sales Insights LIVE featuring Mike Troiano, G20 Ventures

Sales Community · Mike Troiano

Building a Brand with Mike Troiano of Actifio and G20 Ventures | Protect the Hustle

Paddle Studios · Mike Troiano · youtube.com

Spotlight: Mike Troiano, G20 Ventures

EverTrue · Mike Troiano

Co-investors · 49

Underscore VC

Underscore VC is an early-stage venture firm based in Boston that invests in B2B software startups globally, connecting founders to Boston's innovation ecosystem.

83North

83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.

Both backed · 2
ActifioSiemplify
$100K – $10M
Commerce Ventures

Commerce Ventures is a venture capital firm that partners with entrepreneurs building platforms for the future of retail and financial services.

Both backed · 2
$1M – $5M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 1
$500K – $50M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

Both backed · 1
Fuze
$5M – $100M
FirstMark Capital

FirstMark is a venture capital firm that backs founders and supports them through a platform providing access to networks, customers, and talent.

Both backed · 1
Frame AI
$500K – $8M
PICUS CAPITAL

Picus Capital is an early-stage technology investment firm that partners closely with founders on strategic and operational challenges to help build global companies.

Both backed · 1
$100K – $300M
Bullpen Capital

Bullpen Capital is an early-stage venture firm that has funded over 100 companies, focusing on businesses that have found product-market fit but are overlooked by other investors.

Both backed · 1
$2M – $4M
Threshold Ventures

Threshold Ventures is a venture capital firm that partners with founder-led companies at inflection points of breakout growth, engaging early and providing hands-on advice during moments of market transformation.

Both backed · 1
$500K – $20M
Renegade Partners

Renegade Partners is a founder-led early-stage venture firm that makes a small number of high-conviction investments each year, focusing primarily on Series A rounds with select seed and Series B deals, and providing hands-on partnership around people operations and strategy.

Both backed · 1
$2M – $10M
Work-Bench

Work-Bench is a New York City-based seed-stage venture fund backing early-stage founders building enterprise, SaaS, and infrastructure software, with hands-on go-to-market support.

Both backed · 1
$1M – $3M
Pillar VC

Pillar VC is an early-stage venture capital firm that partners with technical founders at inception to build companies from breakthrough technology.

Both backed · 1
$50K – $4M
37 more co-investors

Boston Seed CapitalAmerican Family VenturesPace CapitalKhosla VenturesGreylock PartnersFounder CollectiveNotable CapitalUncork CapitalFoundation CapitalTrue VenturesSound VenturesNextView VenturesFlybridge Capital PartnersIntel CapitalWGI GroupStandard CapitalWebb Investment NetworkGalaxy Digital Assets FundBrand Foundry VenturesCapital FactoryPropeller VCOne Way VenturesBIOSPRING PARTNERSIrishAngelsPrelude VenturesMotivate Venture CapitalStrata Capital PartnersBaukunstFoundersVinyl CapitalInnospark VenturesKain CapitalStarting LineSpringdale VenturesVU Venture PartnersNew North VenturesSaudi Aramco Energy Ventures

Firms observed investing alongside G20 Ventures, from public investor directories. Shared companies are the overlap with G20 Ventures's recorded portfolio.

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