mLab is backed by premier venture and angel investors including Foundry Group, Baseline Ventures, Upfront Ventures, Freestyle Capital, and David Cohen of TechStars.
Foundry Group is a venture capital firm focused on making investments in early-stage information technology, Internet and software startups. It works alongside entrepreneurs to give birth to new technologies and to build those technologies into industry-leading companies. The Foundry Group's investment activity is largely driven by a thematic approach reflecting a long-term cycle of innovation. In July 2015, it announced the closing of its fifth venture fund of $225m.
- Baseline Ventures
Baseline Ventures is a seed-stage capital firm founded by Steve Anderson in late 2006. Since inception Baseline has invested in more than 80 companies and helped more than 25 companies exit profitably for founders and investors alike. Baseline is a seed investor associated with acquired companies such as Instagram, Parakey, Heroku, ExactTarget, GoInstant, CoTweet, Crashlytics, GeoAPI, IndexTank, Rupture, Sendori, Versely, OMGPop, Xobni, Stackmob, Aardvark, DocVerse, Yardbarker, Cake Financial, and Hunch.
- Upfront Ventures
Upfront Ventures was founded in 1996 with the mission to help entrepreneurs achieve their goals of building big, transformative businesses. Upfront invests in businesses that are technology-led, focusing on industries including digital media, consumer goods & services, commerce technology & marketplaces, and SAAS. Its current active fund is about $300m, typically funding companies at the Seed or Series A stage.
- Freestyle Capital
Freestyle Capital is an early stage investor and mentor for internet software startups. Its community of veteran entrepreneurs offers real-world experience and business finesse without stuffy investor baggage or hidden agendas. The firm invests in twelve companies each year to make sure the companies get the time and attention they deserve. It has $126m under management across three funds and 65 companies and has started investing $60m from its current fund.
- David Cohen of TechStars
David Cohen is a co-founder and Managing Partner of TechStars, the global ecosystem that helps entrepreneurs build great businesses. Previously, David was a founder of several software and web technology companies. He was the founder and CTO of Pinpoint Technologies, which was acquired by ZOLL Medical Corporation in 1999.