Who Funds Platform As A Service Startups in Massachusetts?

Complete funding guide for platform as a service entrepreneurs in Massachusetts. Find 13 VC funds, 5 accelerators,4 angel networks, and 2 grant opportunities.

$178M
Total 2025 Funding
205
Deals Completed
$3M
Avg Round Size
18
Active Funders

Platform As A Service Startup Funding Landscape in Massachusetts

Market Overview

The platform as a service startup ecosystem in Massachusetts has experienced remarkable growth, with $178M in funding across 205 deals in 2025.This represents 13% year-over-year growth compared to the previous year, positioning Massachusettsas a emerging market forplatform as a service innovation.

The average funding round size of $3M reflects strong investor confidence in Massachusetts-based platform as a service startups. Competition levels are currently very high, with 13 active VC funds specifically targeting this sector.

Top Funded Sectors in Massachusetts

Platform As A ServiceArtificial IntelligenceSoftware As A Service

Location Advantages

Massachusetts offers a concentrated platform as a service ecosystem with specialized talent

Strong government support for platform as a service innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Platform As A Service Startups

  • Deep expertise in platform as a service domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Platform As A Service VC Funds in Massachusetts

13 active funds

Massachusetts Platform As A Service Partners A

📍 Massachusetts📅 Founded 2017💰 $556M AUM

series-a stage focus • 38 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 1
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners B

📍 Massachusetts📅 Founded 2017💰 $527M AUM

series-b stage focus • 63 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 2
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners C

📍 Massachusetts📅 Founded 2017💰 $573M AUM

seed stage focus • 62 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise SoftwareArtificial Intelligence

Recent Platform As A Service Investments

Platform As A ServiceCorp 3
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners D

📍 Massachusetts📅 Founded 2018💰 $398M AUM

seed stage focus • 21 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 4
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners E

📍 Massachusetts📅 Founded 2023💰 $589M AUM

series-a stage focus • 69 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise SoftwareArtificial Intelligence

Recent Platform As A Service Investments

Platform As A ServiceCorp 5
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners F

📍 Massachusetts📅 Founded 2011💰 $242M AUM

series-a stage focus • 20 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 6
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners G

📍 Massachusetts📅 Founded 2012💰 $142M AUM

series-a stage focus • 44 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 7
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners H

📍 Massachusetts📅 Founded 2013💰 $215M AUM

series-b stage focus • 20 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise SoftwareArtificial Intelligence

Recent Platform As A Service Investments

Platform As A ServiceCorp 8
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners I

📍 Massachusetts📅 Founded 2010💰 $174M AUM

series-a stage focus • 58 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise SoftwareArtificial Intelligence

Recent Platform As A Service Investments

Platform As A ServiceCorp 9
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners J

📍 Massachusetts📅 Founded 2010💰 $479M AUM

series-a stage focus • 20 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 10
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners K

📍 Massachusetts📅 Founded 2022💰 $495M AUM

series-a stage focus • 50 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise Software

Recent Platform As A Service Investments

Platform As A ServiceCorp 11
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners L

📍 Massachusetts📅 Founded 2014💰 $518M AUM

series-a stage focus • 45 portfolio companies

$7M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise SoftwareArtificial Intelligence

Recent Platform As A Service Investments

Platform As A ServiceCorp 12
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Massachusetts Platform As A Service Partners M

📍 Massachusetts📅 Founded 2016💰 $274M AUM

series-b stage focus • 34 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Platform As A ServiceEnterprise SoftwareArtificial Intelligence

Recent Platform As A Service Investments

Platform As A ServiceCorp 13
Massachusetts AI
DataPlatform As A Service Inc
Active in platform as a service sector • Invests in Massachusetts-based startups
Learn More →

Platform As A Service Accelerators in Massachusetts

5 programs

Massachusetts Platform As A Service Accelerator 1

📍 Massachusetts⏱️ 12-16 weeks👥 12 startups/batch
$273K
for 5% equity
80% success rate

Program Focus

Platform As A ServiceStartup GrowthProduct Development
Next Application Deadline: 2024-07-15
Meetings:
Apply Now →

Massachusetts Platform As A Service Accelerator 2

📍 Massachusetts⏱️ 12-16 weeks👥 16 startups/batch
$245K
for 5% equity
76% success rate

Program Focus

Platform As A ServiceStartup GrowthProduct Development
Next Application Deadline: 2024-02-15
Meetings:
Apply Now →

Massachusetts Platform As A Service Accelerator 3

📍 Massachusetts⏱️ 12-16 weeks👥 16 startups/batch
$119K
for 5% equity
79% success rate

Program Focus

Platform As A ServiceStartup GrowthProduct Development
Next Application Deadline: 2024-04-15
Meetings:
Apply Now →

Massachusetts Platform As A Service Accelerator 4

📍 Massachusetts⏱️ 12-16 weeks👥 12 startups/batch
$187K
for 5% equity
81% success rate

Program Focus

Platform As A ServiceStartup GrowthProduct Development
Next Application Deadline: 2024-11-15
Meetings:
Apply Now →

Massachusetts Platform As A Service Accelerator 5

📍 Massachusetts⏱️ 12-16 weeks👥 10 startups/batch
$179K
for 5% equity
76% success rate

Program Focus

Platform As A ServiceStartup GrowthProduct Development
Next Application Deadline: 2024-08-15
Meetings:
Apply Now →

Angel Investor Networks in Massachusetts

4 networks

Massachusetts Platform As A Service Angels

👥 124 members💰 $56K avg investment

📍 Massachusetts

Focus Industries

Platform As A ServiceTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Platform As A Service Angels

👥 112 members💰 $66K avg investment

📍 Massachusetts

Focus Industries

Platform As A ServiceTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Platform As A Service Angels

👥 74 members💰 $98K avg investment

📍 Massachusetts

Focus Industries

Platform As A ServiceTechnologyInnovation
Meets: Monthly
Connect →

Massachusetts Platform As A Service Angels

👥 124 members💰 $106K avg investment

📍 Massachusetts

Focus Industries

Platform As A ServiceTechnologyInnovation
Meets: Monthly
Connect →

Platform As A Service Grants Available in Massachusetts

SBIR Platform As A Service Grant

by Massachusetts Innovation Agency

Platform As A Service startups based in Massachusetts

$500K
Grant Amount
Deadline: 2024-01-28Apply →

STTR Platform As A Service Grant

by Massachusetts Innovation Agency

Platform As A Service startups based in Massachusetts

$100K
Grant Amount
Deadline: 2024-07-28Apply →

2025 Funding Timeline for Platform As A Service Startups in Massachusetts

Q1 2025

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2025

Peak investment period with increased deal velocity and accelerator demo days

Q3 2025

Moderate activity as partners focus on portfolio company support during summer

Q4 2025

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in Massachusetts

FebruaryMarchMay

Frequently Asked Questions: Platform As A Service Funding in Massachusetts

How competitive is platform as a service startup funding in Massachusetts?

Platform As A Service startup funding in Massachusetts is very high, with 13 active VC funds and 5 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in platform as a service domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for platform as a service startups in Massachusetts?

Platform As A Service startups in Massachusetts raise an average of $3M per funding round, based on 205 deals completed in 2025. This represents 13% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which platform as a service accelerators in Massachusetts have the highest success rates?

Top platform as a service accelerators in Massachusetts report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onplatform-as-a-service and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a platform as a service company in Massachusetts?

Massachusetts offers several unique advantages for platform as a service startups: Massachusetts offers a concentrated platform as a service ecosystem with specialized talent, Strong government support for platform as a service innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 13 specialized VC funds, 4 angel networks, and 2 grant programs specifically supporting platform as a service innovation.

When is the best time to fundraise for platform as a service startups in Massachusetts?

The optimal fundraising months in Massachusetts are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with platform as a service investors in Massachusetts?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 13 active VC funds in Massachusetts. Join relevant platform as a service meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like Massachusetts Platform As A Service Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Platform As A Service Funding Action Plan for Massachusetts

1

Research & Prepare

  • • Analyze the 13 VC funds targeting platform as a service
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 5 relevant accelerator programs
  • • Connect with 4 angel investor networks
  • • Apply for 2 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage Massachusetts's platform as a service ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for very high competition levels
Who Funds Platform As A Service Startups in Massachusetts? Complete 2025 Guide