2024 Revenue
$2.8M
Funding
$0
YOY
71.3%
Team
19
Founded
1978
How MassVentures CEO Charlie Hipwood grew to $2.8M revenue with a 19 person team in 2024.
MassVentures is a venture capital firm based in Boston, Massachusetts and was founded in 1978. It focuses on fueling the Massachusetts innovation economy by funding early-stage, high-growth Massachusetts startups as they move from concept to commercialization. It seeks to invest in companies operating in the healthcare technology, industrial automation and robotics, internet and digital media green tech, Mobile, security and systems and Software.
Last updated
MassVentures Revenue
In 2024, MassVentures's revenue reached $2.8M. The company previously reported $1.6M in 2023. Since its launch in 1978, MassVentures has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | MassVentures Hit $2.8m revenue in October 2024 | |
| 2023 | MassVentures Hit $1.6m revenue in October 2023 | |
| 2021 | MassVentures Hit $1m revenue in April 2021 | |
| 1978 | Launched with $0 revenue |
MassVentures Valuation, Funding Rounds
MassVentures is a bootstrapped Venture Capital startup. Founded in 1978, MassVentures has grown to $2.8M in revenue without raising any venture capital or outside funding.
As a self-funded Venture Capital SaaS company, MassVentures has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for MassVentures yet.
MassVentures Employees & Team Size
MassVentures employs approximately 19 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 19 employees (October 2024) |
| 2023 | Reached 19 employees (October 2023) |
| 2022 | Reached 16 employees (October 2022) |
| 2021 | Reached 14 employees (December 2021) |
| 2021 | Reached 12 employees (April 2021) |
Frequently Asked Questions about MassVentures
What is MassVentures's revenue?
MassVentures generates $2.8M in revenue.
Who founded MassVentures?
MassVentures was founded by Charlie Hipwood.
Who is the CEO of MassVentures?
The CEO of MassVentures is Charlie Hipwood.
How much funding does MassVentures have?
MassVentures raised $0.
How many employees does MassVentures have?
MassVentures has 19 employees.
Where is MassVentures headquarters?
MassVentures is headquartered in Waltham, Massachusetts, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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