Material is a venture capital fund and studio, uniquely focused on company creation.
We co-found, fund, launch and scale companies alongside the world’s best entrepreneurs.
Before starting Material, our Partners have founded, operated, and invested in billion-dollar venture-backed companies. We leverage that experience with each new venture we launch:

Ventures
Blue Apron
DTC cooking experiences
Matt Salzberg founded Blue Apron in 2011 and served as CEO for its first 6 years, growing the company to $900m in revenue and taking it public at a $2 billion valuation.
Embark
Genetic Testing for Dogs
Matt Salzberg co-founded Embark with Adam and Ryan Boyko in 2015, and continues to serve as an investor and active board member.
Hims
DTC Prescription Wellness
Andy Salamon was involved in the co-founding of Hims while a general partner at a prior fund. Hims is now valued at over $1 billion.
Bungalow
Co-Living Real Estate
Andy Salamon was involved in the co-founding of Bungalow while a general partner at a prior fund.
Terminal
Outsourced Engineering Teams
Andy Salamon was involved in the co-founding of Terminal while a general partner at another fund.
Suma
Acquiring e-commerce brands
Material co-founded Suma with Andrew Savage. The company has raised significant outside debt and equity capital and has acquired a portfolio of brands operating in the Amazon marketplace.
Unlimited
Tech-enabled asset manager
Material co-founded Unlimited with Bob Elliott, a former Investment Committee member at Bridgewater Associates. Unlimited's first product, a machine learning based replication of the hedge fund index, is an ETF under ticker "HFND".
Team

Matt Salzberg
Managing Partner
Matt has spent his career as an operator and investor in companies across all stages of their lifecycle, and now brings that unique mix of skills to Material as Managing Partner.
Matt founded Blue Apron in 2011 and served as President & CEO for its first six years, overseeing Blue Apron’s growth from idea to a category-leading public company. During that time, Matt built Blue Apron into a nationally recognized brand with millions of customers and an innovative supply chain. Read bio


Andy Salamon
Partner
Before joining Material, Andy was a General Partner at Atomic Labs, a San Francisco-based venture capital firm. While there, Andrew was a co-founding investor and advisor to several technology-driven, operationally intensive startups including Hims, Terminal, Bungalow Living, among others, which together represent over $1B of enterprise value created from a $10M investment fund. Read bio


Danielle David Parks
Partner
Before joining Material, Danielle was co-founder of Jane Strategy, a New York City based business focused on the development of people strategy for early-stage, venture-backed companies. Danielle started her career at Google and subsequently ran business operations at Spoon University (acquired by Scripps Networks Interactive, now Discovery) and people operations at Amino Apps. Read bio

Careers
Apply
Founders-In-Residence Program:
Exceptional entrepreneurs can join our FiR program to work with us full-time to develop a business that we will fund and launch collaboratively. Our program lasts up to 6 months, and includes full-time employment and compensation during the development phase. Once a business is aligned on, the FiR typically becomes Co-Founder and CEO of the business, which Material funds with a Series A. The program is highly selective, and offers the best way to build a significant company, quickly and thoughtfully.
For roles at our operating companies, please visit the career pages of those companies.
For roles at our operating companies, please visit the career pages of those companies.