VC  Matchstick Ventures

http://www.matchstickventures.com/





     Office Locations:

564 Saratoga St. S
St Paul, MN 55116

 

Stages:

  • Seed


 

Industries:

  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    Matchstick Ventures (formerly known as Confluence Capital) is a new fund that will continue to focus on investing in early-stage tech founders and their companies. Matchstick is proudly based in the Twin Cities and will continue to invest in MN tech startups that have a product and a customer. It will also target other strategic markets that have strong startup communities including Boulder/Denver, Chicago, Austin, and Kansas City. Confluence Capital was created in 2013 with a vision 'to bring a fresh investment approach that is desperately needed in the Midwest. No suits & ties. No chest puffing. Just honest early-stage investments in awesome entrepreneurs.' The fund made 14 investments and had one 1 exit. The Matchstick Ventures name more closely aligns with the firm's mission of acting as a catalyst for founders, startups, and the MN startup community. The firm has 400+ of the most successful entrepreneurs, operators and corporate partners in their ecosystems as friends, mentors and investors in their fund. The firm invests $500k - $1.5M in pre-seed and seed-stage startups.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Natty Zola Partner
    Ryan Broshar Partner
    Shannon Shroyer Head of Network

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      09/17/2024


      Two Boxes


      CO


      $5,300,000


      


      06/05/2024


      Liminal AI


      CO


      $5,000,000


      Seed


     

    Portfolio companies include:


      After


      AVVAY
        web link


      Branch App
        web link


      Coherent


      Cured
        web link


      Curu


      Fiveable
        web link


      Frate


      Freeplay


      Fulcrum


      Jawa


      Keel


      Liminal AI
        web link


      Ordermark


      PreFix


      Presta
        web link


      ScaleFactor
        web link


      Spekit
        web link


      StackHawk
        web link


      Two Boxes
        web link


      Upsie


     

    Recent News: