ML

Matthew Lee

Partner at Progression

Oakland, California

Overview 

Matthew Lee is a Consumer VC based in Oakland, California, with a strong background in product management and development, as well as experience in venture capital and entrepreneurship. He has held partner positions at notable firms like Newfund and CRCM Ventures, and has invested in companies like Dobby at the seed stage. Matthew Lee's career highlights include progressing to partner roles at various venture capital firms and investing in early-stage companies in sectors like marketplaces and consumer internet, demonstrating a strong track record in identifying and supporting promising startups.

Work Experience 

P

Progression

  • Partner

    2020 - Current

    Perplexity - AI search Palm Street- live commerce for plants Driphaus - gamified NFT marketplace OK Play (acquired Dapper Labs) - kids social media Luma - delightful events Popshop Live (acquired CommentSold) - livestream shopping for GenZ Procode - AI powered medical coding and billing Phi Therapeutics - all natural probiotic acne treatment 9 Count - online social community for GenZ Landing - pinterest meets canva for Gen Z Omeda Studios - new generation of cross-platform MOBA Cutouts (acquired Snap) - react with your face Toko - AI tutor for language learning Manatee - evidence based family therapy Holey Grail Donuts - next gen donuts Anise Health - culturally adapted mental health Scenario - social interactions training Ollie - AI photo organizer Bono - Robinhood for giving MeNow - GenAI social app A Vinyl Bar in Shibuya - GenAI music Terminal3 - identity management platform Permanent - marketplace for differentiated produce Encore - secondhand shopping search WaveXR - live virtual concerts in games

Private

  • Angel Investor

    2015

    Nectar CarbonChain Hireguide Zoomo (Bolt Bikes) Lunch Club Ara Labs

N

Newfund

  • Partner

    2019 - 2020

    Eano - home renovation made easy

CRCM Ventures

  • Partner

    2016 - 2019

    Early stage US/China fund - first check in musical.ly Drone Racing League (acquired Infinite Reality 250m) - platform for futuristic, tech-enabled sport Ara Labs - upgrading the in ride share experience with mobile convenience Game Club (acquired Take Two Interactive) - mobile game subscription platform 9 Count - building the next generation social community PopShop Live (acquired CommentSold) - Livestream shopping CODIWork - Airbnb for co-working SandboxVR - premium immersive VR experiences Drop Technologies - loyalty program for genz Vivid Vision - at home and in clinic treatment for lazy eye AgentIQ - supercharging agents

PV

Pereg Ventures

  • Associate

    2014 - 2016

    Early stage US/Israeli fund Deal experience: Crosswise Series A (acquired by Oracle) Bringg Seed Cielo24 Series A Channel Eyes Seed Extension STAQ Series B

Pereg Ventures is a venture capital firm.

peregventures.com
ER

Entrepreneurs Roundtable Accelerator

  • MBA Intern

    2014 - 2014

    Projects: Scentbird: branding Pull app: growth Mezzobit: finance

(ERA) Entrepreneurs Roundtable Accelerator is an early-stage venture capital fund and technology accelerator.

eranyc.com
C

Capco

  • Senior Consultant

    2012 - 2013

    Technology Strategy Practice Project experience: Top ten Fortune 500 company - developed in-house software development assembly line model Hetrick-Martin Institute - established pro-bono program; evaluated and recommended tech strategy

MG

Macquarie Group

  • Manager

    2010 - 2012

    Managed infrastructure and software for forex trading desk

  • Team Leader

    2010 - 2010

    Integrated hardware and software systems between two financial services firms

  • Project Engineer

    2007 - 2010

    Designed mobility-focused end-user tech in new Macquarie flagship building

Macquarie Infrastructure Company Owns, operates and invests in a diversified group of infrastructure businesses.

macquarie.com

Education 

Investments 

Dobby

Seed

Total funding: $5M

Articles About Matthew

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