
Venture Firm M33 Growth Closes Third Flagship Fund at $340M
Venture and growth stage investment firm M33 Growth announced it closed its oversubscribed third fund at $340mn in December.
Led by Michael Anello, Gabe Ling and Brian Shortsleeve, the Boston-based firm partners with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and break through as market leaders.
With experience in sales and marketing engines, driving acquisitions and building value through data assets, M33 Growth seeks to propel portfolio companies to success in their markets.
“We seek to back gritty founders who have built software companies in verticals often underserved by contemporary technology that are ripe for disruption,” said Shortsleeve.
The latest fund follows the firm’s $260 million Fund II that closed in early 2020, and its $180 million debut Fund I that closed in late 2017. Since its debut Fund I, M33 Growth has invested in 16 companies across a range of end-markets.