Predict your next investment

Venture Capital
montageventures.com

See what CB Insights has to offer

Investments

71

Portfolio Exits

11

Funds

3

About Montage Ventures

Montage Ventures is a venture capital firm focused on investing at the gap between Angel and Series A rounds in financial services, e-Commerce and healthcare opportunities. The firm engages with start-ups early and empower them, from the idea creation moment to expansion stage to fully scaled and thriving.

Montage Ventures Headquarter Location

364 University Avenue 2nd Floor

Palo Alto, California, 94301,

United States

650-793-6768

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Montage Ventures News

Keyway Announces $25M Series A to scale their Commercial Real Estate Transaction Platform

Jun 23, 2022

NEW YORK, June 21, 2022 (GLOBE NEWSWIRE) -- Keyway , a technology platform that radically simplifies sub $20M commercial real estate transactions, today announced $25 million in Series A funding. The round was led by Camber Creek with participation from existing investors Canvas Ventures, Crosscut, and Montage Ventures. Thomvest and Parker89 also participated in the round. Keyway plans to use the funding primarily to invest in its technology and machine learning (ML) that are redefining how sub-$20M commercial real estate is transacted. The company previously raised a $15M seed financing round led by Canvas Ventures and over $100M in debt financing. Keyway is on track to transact four times more volume in the first half of the year than in all of 2021. The company has plans to facilitate at least $200M in transactions by the end of the year, with an initial focus on sale-leaseback and expansion solutions for medical, dental and veterinary practices. “We want to change the trajectory of medical practices by providing them with real estate solutions to help them achieve their goals, whether they are looking for liquidity, capital to expand, or building wealth through real estate,” said Matias Recchia, co-founder and CEO of Keyway. “It’s clear that technology has completely disrupted the single family housing space. We see equally large potential in the commercial real estate sector and we are excited about Keyway leading the way,” said Jake Fingert, Managing Partner at Camber Creek. “We look forward to the strides the team will continue to make with this Series A round.” “We’ve been impressed with Keyway’s growth since leading the previous round and are thrilled to continue to support Keyway’s position at the intersection of fintech and marketplaces,” said Rebecca Lynn, Managing Partner at Canvas Ventures. Keyway dramatically simplifies sub $20M transactions by reducing fees by 50% and transaction time by 90%, benefiting brokers, sellers, and buyers alike. Keyway also fills an important gap for those institutional investors that are not structured to handle smaller deals but are looking to build diversified portfolios. Keyway handles sourcing, underwriting, closing and asset management with a full technology stack. Keyway offers fair pricing, speed and certainty of closing for sale-leasebacks and expansions, providing smaller operators flexibility and a range of alternatives they wouldn't otherwise have. “I was looking to free up capital in order to expand my business. Partnering with Keyway was exactly the solution I needed - I was confident that the offer and process were fair, easy and fast, so I was able to stay focused on my business," said Seth Franz, Founder, Great Lakes Behavioral Partners. "Keyway’s platform is built to provide creative and efficient real estate solutions to both investors and to smaller operators," said COO and co-founder Sebastian Wilner. "We’re seeing tremendous product-market fit for our approach which, in turn, is advancing our aim to be the country’s preferred platform for transacting sub $20M commercial real estate deals.” To learn more about Keyway, visit whykeyway.com About Keyway Keyway is the commercial real estate platform that makes it easy for small and medium businesses to quickly and predictably achieve their goals. The company is starting with a sale-leaseback solution to provide business owners capital to invest in their growth. The company launched in 2021 and is headquartered in New York. About Camber Creek Founded in 2011, Camber Creek is an institutional venture capital firm investing in and scaling companies that are transforming the real estate industry. Over the past 11 years, the firm established itself as the premier real estate technology venture firm by consistently delivering industry-leading returns to investors, driving value for its portfolio of start-ups, and generating successful company exits. Today, Camber Creek has more than $600 million in assets under management with offices in New York, San Francisco, and Washington, D.C. About Canvas Ventures Founded in 2013, Canvas Ventures is a boutique venture capital firm based in the San Francisco Bay Area with $835 million in assets under management. Canvas leads Series A investments in key areas including Fintech (Brace, Gabi, Roofstock), Digital Health (Airvet, Vida), Enterprise (Luminar/LAZR, Robocorp, Vendia), Logistics (Transfix, MasonHub), and Marketplaces (Darwin Homes, Zola). Rebecca Lynn, Paul Hsiao, Mike Ghaffary, and Gary Little serve as the firm’s general partners, and they are also known for investments made prior to joining Canvas, including Lending Club (LC), Doximity (DOCS), MuleSoft (MULE), Check (acquired by Intuit), Upwork (UPWK), and Houzz. Contact:

Montage Ventures Investments

71 Investments

Montage Ventures has made 71 investments. Their latest investment was in Keyway as part of their Series A on June 6, 2022.

CBI Logo

Montage Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/21/2022

Series A

Keyway

$25M

No

3

5/23/2022

Seed VC

Pebble

$6.2M

Yes

4

1/31/2022

Seed VC

Upswing Health

$5M

Yes

Connecticut Innovations, Ikigai, and Undisclosed Investors

2

11/24/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

11/15/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/21/2022

5/23/2022

1/31/2022

11/24/2021

11/15/2021

Round

Series A

Seed VC

Seed VC

Series A

Seed VC

Company

Keyway

Pebble

Upswing Health

Subscribe to see more

Subscribe to see more

Amount

$25M

$6.2M

$5M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Connecticut Innovations, Ikigai, and Undisclosed Investors

Sources

3

4

2

10

10

Montage Ventures Portfolio Exits

11 Portfolio Exits

Montage Ventures has 11 portfolio exits. Their latest portfolio exit was BrightFarms on August 17, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/17/2021

Acquired

$99M

2

6/22/2021

Acquired

$99M

6

5/26/2021

Acquired

$99M

4

2/12/2021

Reverse Merger

Subscribe to see more

$99M

Subscribe to see more

10

10/29/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/17/2021

6/22/2021

5/26/2021

2/12/2021

10/29/2020

Exit

Acquired

Acquired

Acquired

Reverse Merger

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

6

4

10

10

Montage Ventures Fund History

3 Fund Histories

Montage Ventures has 3 funds, including Montage Ventures Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/28/2019

Montage Ventures Fund II

Early-Stage Venture Capital

Open

$18.05M

3

10/17/2014

Montage Ventures Fund I

Subscribe to see more

Subscribe to see more

$99M

10

Montage Ventures Fund III

10

Closing Date

6/28/2019

10/17/2014

Fund

Montage Ventures Fund II

Montage Ventures Fund I

Montage Ventures Fund III

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Open

Subscribe to see more

Amount

$18.05M

$99M

Sources

3

10

10

Montage Ventures Team

2 Team Members

Montage Ventures has 2 team members, including current Founder, Managing Partner, Todd Kimmel.

Name

Work History

Title

Status

Todd Kimmel

Mayfield, Advanced Technology Ventures, Synata Bio, Innovance Networks, and Wasserstein Perella

Founder, Managing Partner

Current

Matthew J. Murphy

General Partner

Current

Name

Todd Kimmel

Matthew J. Murphy

Work History

Mayfield, Advanced Technology Ventures, Synata Bio, Innovance Networks, and Wasserstein Perella

Title

Founder, Managing Partner

General Partner

Status

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.