MaC Venture Capital is an early-stage venture capital firm based in Los Angeles, California. It was formed in 2019 through the merger of M Ventures and Cross Culture Ventures, two funds with complementary networks in technology and media. The firm backs pre-seed through Series A companies across consumer technology, fintech, media, entertainment, and health, with a stated focus on founders serving large and often underserved markets.
The firm raised its debut fund of approximately $110 million, which was announced in 2020 and drew backing from institutional limited partners including family offices and corporate strategics. A second fund was raised in subsequent years, though the exact size has not been fully disclosed publicly. MaC is recognized in the US venture ecosystem for its emphasis on diversity in both founding teams and investment themes, and it has been covered by outlets including TechCrunch and Forbes in the context of multicultural consumer markets.
Within the broader crypto and Web3 space, MaC Venture Capital has made a limited but deliberate set of investments. The firm's blockchain portfolio – totaling around seven known positions with two lead investments – reflects a selective stance rather than a high-volume crypto thesis. Public information on the specific names of all seven portfolio projects is limited, and the firm has not published a dedicated Web3 investment thesis.
Notable investments
- Blavity – Black millennial media and events platform; one of MaC's earlier and more visible consumer media bets.
- Pipe – Revenue-based financing platform for SaaS companies; MaC participated in early rounds before the company faced later turbulence and a management restructuring in 2022–2023.
- Melio – B2B payments platform for small businesses.
- Thrive Global – Employee well-being platform founded by Arianna Huffington.
- Wade & Wendy – AI recruiting tools.
Specific crypto and Web3 portfolio names have not been consistently publicized by the firm. Public information about individual blockchain investments is limited beyond what appears in third-party databases.
Team
MaC Venture Capital is led by four managing partners with backgrounds spanning venture capital, government, and entertainment:
- Marlon Nichols – Co-founder; previously a Managing Director at Intel Capital, where he led investments in consumer and enterprise technology across emerging markets.
- Michael Palank – Co-founder; previously led M Ventures and brings a background in enterprise software and startup operations.
- Adrian Fenty – Managing Partner; former Mayor of Washington, D.C. (2007–2011), later a partner at Perkins Coie. His policy and government network adds value for portfolio companies operating in regulated industries.
- Charles D. King – Managing Partner; founder of MACRO, a media company focused on content by and for people of color. Brings deep relationships across Hollywood and the entertainment industry.
Recent activity
Between 2024 and early 2026, MaC Venture Capital maintained a measured pace of new investments, consistent with the broader slowdown in early-stage deal flow across US venture capital. The firm has continued to participate in rounds led by other funds rather than leading the majority of its deals. Adrian Fenty has remained an active public voice on the intersection of technology and public policy. The firm has not announced a dedicated crypto or Web3 fund as of early 2026.
MaC Venture Capital occupies a distinctive niche in US venture: a mid-sized early-stage fund with a strong brand around cultural relevance and diverse markets. Its crypto exposure appears opportunistic rather than thesis-driven. For Web3 founders seeking backing, MaC is most relevant for projects with consumer-facing or fintech components that connect to the firm's core thesis around underserved demographics. More detail on their full portfolio is available on Crunchbase and the firm's own site at mac.vc.