Company Profile
Masco Ventures is a $50 million corporate venture capital fund established by Masco Corporation, a Fortune 500 company headquartered in Livonia, Michigan. As a fully-owned subsidiary of Masco Corporation, the fund focuses on identifying and investing in startups that are strategically relevant to Masco's portfolio of industry-leading brands, including Behr® paint, Delta® and Hansgrohe® faucets, bath and shower fixtures, and Hot Spring® spas.
Masco Ventures targets early and growth-stage companies, both domestically and globally, with typical initial investments ranging from $500,000 to $5 million, while reserving capital for follow-on investments and co-investing with top-tier venture capital investors. The fund's investment strategy focuses on products and services that improve water management, create a connected in-home experience, enhance customer service, provide new ways to reach Masco's end-use customers, and advance manufacturing and materials innovation.
By leveraging Masco's extensive industry relationships, vast distribution network spanning big box retailers, plumbing wholesalers, specialty retail, and e-commerce channels, and deep subject matter expertise, Masco Ventures provides portfolio companies with significant competitive advantages and commercialization support. The fund is managed in partnership with Cerity Partners Ventures, which brings significant corporate venture capital expertise to the initiative.
The fund is led by Zack Gordon, Masco's Vice President of Corporate Development, working in conjunction with Masco's Executive Leadership Team.
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