Material

Material is a US-based firm that combines two ownership models: it co-founds new ventures in partnership with entrepreneurs, from company formation through funding and scaling, and it acquires private businesses, taking both an ownership and an operational role. The stated focus is on building and scaling technology-enabled businesses. Rather than acting solely as a financial investor, the firm pairs capital with hands-on involvement in the companies it forms or acquires.

The firm is led by Matt Salzberg, a founder, CEO and investor. Its approach draws on his operating experience: he founded Blue Apron in 2011 and served as its president and chief executive for its first six years, during which the business grew from an initial idea into a nationally recognised public company. That trajectory - founding, funding and scaling an operating business to a public listing - is the background against which Material describes its company-building method.

Material's areas of activity span several sectors, among them consumer brands, food and meal kits, logistics, veterinary genetics and investment management. Its presence is concentrated in the United States. Funding stage, vehicle size and check parameters are not disclosed.