M12
Microsoft's venture fund for enterprise and AI startups.
Corporate VC & StrategicsFirmUnited States, Europe & Israel
Target market
Series A-C enterprise software, AI and security companies
Geography
United States, Europe & Israel
Overview
M12, launched in 2016 as Microsoft Ventures and renamed in 2018, invests primarily at Series A through C in enterprise software, AI, cybersecurity and infrastructure. Its pitch to co-investors is the Microsoft machine behind the check — Azure credits, co-selling motions and routes into the Microsoft partner ecosystem for portfolio companies that fit.
Key facts
- Launched 2016 as Microsoft Ventures; renamed M12 in 2018
- Focus on enterprise software, AI, security and infrastructure
- Offers Azure credits and co-sell access alongside capital
- Mandate tightened toward Microsoft-ecosystem alignment in 2023