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March Capital

USINILOtherAI/MLEnterpriseCybersecurityB2B SaaSFintechDeep TechDevtools

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Investment thesis

March Capital is an early-growth venture firm that invests in frontier technology companies at the leading edge of the AI revolution. The firm targets large market opportunities with proven product-market fit, partnering with inspiring entrepreneurs who can scale mission-critical enterprise software into global platforms. March focuses on AI-enabled enterprise software, cloud and data infrastructure, cybersecurity, fintech, and scientific discovery — with a particular emphasis on companies poised for hyper-growth. The firm maintains valuation discipline with a 'margin of safety,' builds concentrated portfolios, and doubles down on its winners. It also has a dedicated India strategy, backing domestic software companies with global expansion potential.

Notable quotes

The close of March Capital's largest fundraise reinforces our differentiated investment thesis and strong track record of identifying and scaling companies that are powering the innovation economy. Despite challenging market conditions and depressed valuations, digital transformation remains a key priority for businesses and the pace and scale of disruption and innovation is unprecedented.

Jamie Montgomery · Business Wire — March Capital Closes $650M+ Fund IV · 2023-02-03

Our strategy of focusing on mission-critical enterprise software companies has proven to be effective through any economic cycle and we continue to be strong believers in secular technology trends such as Artificial Intelligence, cloud adoption within the enterprise, distributed computing frameworks, new infrastructure to manage the explosion of data, and the creation of secure technology footprints for enterprises worldwide.

Sumant Mandal · Business Wire — March Capital Closes $650M+ Fund IV · 2023-02-03

What we are looking for are large problems that can be solved by applying AI to them. Those are areas like cybersecurity, or fraud prevention, or feeding the next billion people on earth, improving the future of the workplace. Then, at that point, it's all about the entrepreneur and the team.

Jamie Montgomery · TechCrunch — Going long on LA, India, AI, and tech infrastructure · 2019-01-24

Recent investments

CompanyRoundSizeDate
CrowdStrikeSeries D$100m2017-05-17
ForterGrowth
KnowBe4Growth
ThoughtSpotSeries F$100m
UniphoreSeries F2025-10-22
Together AIGrowth2025-02-20
Xage SecurityGrowth2025-12-05
NileGrowth
BillDeskGrowth2015-01-01
ExpelGrowth

Frequent co-investors

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