Matt Garratt

General Partner, USVP

📍 San Francisco, California, United States🔄 Updated September 2026💼 29 investments📅 13 years investing🗓 Last invested Sep 2025𝕏 @upgrade_to_unlock
VC🌍 United States20+ investmentsInvested this year
29
Total investments
10
Early stage
7
Mid stage
8
Late stage
13y
Years active

Portfolio

27 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Sep 2025
At Weave Bio, we’re building the backbone for modern drug development. Drug development teams deserve tools that match the pace and complexity of their science. Our AI-native platform supports biotech and pharma organizations at every step, with a focus on regulatory workflows that bring clarity, connection, and efficiency to documentation so therapies can move forward without unnecessary delays. We partner with scientists, clinicians, and regulatory professionals who are advancing the next generation of medicines. By improving the processes behind regulatory documentation, Weave helps reduce bottlenecks and frees teams to focus on what matters most — discovery, innovation, and patient impact. Our approach is human-driven and technology-powered. We believe that combining scientific expertise with AI innovation can transform how life sciences organizations operate, making the development of therapies more efficient, compliant, and collaborative. Weave is a small but mighty team of scientists, engineers, and industry experts united by a shared mission: helping life-changing medicines reach patients faster. Our collective experience across biotechnology, software, and regulation gives us deep insight into the challenges of drug development — and the passion to build solutions that make a lasting impact. We’re proud to work side by side with our partners to move science forward and build the foundation that drug development teams need today and tomorrow.
Board Member
Jan 2025
Focus on closing, not clicking. Clarify is the joyful, autonomous CRM that helps build your pipeline, accelerate deals, handle meeting admin and update customer records—running your sales backend while you build relationships.
Board Member
Jul 2024
Your general business superagent
Investor
Mar 2022
Rundoo is the all-in-one software for paint and hardware stores.
Investor
Dec 2021
Power was the first credit card issuer built on modern tech, from the ground up. Our cloud-native platform was tailored to meet the needs of high-growth brands who used Power, providing them solutions that were not been supported previously. Power was founded by Randy Fernando and Andrew Dust, and was backed by Anthemis, Fin Capital, Financial Venture Studio, CRV, Dash Fund, Plug and Play and others.
Investor
Feb 2020
**Snowflake is proud to be the Official Data Collaboration Provider for LA28 and Team USA.** Snowflake delivers the AI Data Cloud — a global network where thousands of organizations mobilize data with near-unlimited scale, concurrency, and performance. Inside the AI Data Cloud, organizations unite their siloed data, easily discover and securely share governed data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single and seamless experience across multiple public clouds. Snowflake’s platform is the engine that powers and provides access to the AI Data Cloud, creating a solution for data warehousing, data lakes, data engineering, data science, data application development, and data sharing. Join Snowflake customers, partners, and data providers already taking their businesses to new frontiers in the AI Data Cloud.
Investor
May 2019
Qualified is the pipeline generation platform for revenue teams that use Salesforce. Leading B2B brands such as Adobe, LaunchDarkly, SurveyMonkey, ThoughtSpot, and VMWare trust Qualified to grow their pipeline by tapping into their greatest sales & marketing asset—the corporate website—to identify the most valuable buyers, uncover signals of buyer intent, and instantly start sales conversations. Customers that use Qualified report a 10X increase in sales meetings, a 4X increase in lead conversion, and a 6X increase in pipeline. Qualified, built on Salesforce, connects the website with Salesforce data to identify account-based buyer intent and facilitate real-time sales conversations. Qualified is ranked #1 on the Salesforce AppExchange and is ranked #1 across over 20 categories on G2. Headquartered in San Francisco, Qualified is led by former Salesforce CMO Kraig Swensrud and former Salesforce product SVP Sean Whiteley and funded by Norwest Venture Partners, Redpoint Ventures, and Salesforce Ventures. To learn more, visit qualified.com.
Investor
Apr 2019
Bring teams together, reimagine workspaces, engage new audiences, and delight your customers –– all on the Zoom AI-first work platform you know and love. 💙 Zoomies help people stay connected so they can get more done together. We set out on a mission to make video communications frictionless and secure by building the world’s best video product for the enterprise, but we didn’t stop there. With products like AI Companion, Team Chat, Contact Center, Phone, Events, Rooms, Webinar, Contact Center and more, we bring innovation to a wide variety of customers, from the conference room to the classroom, from doctor’s offices to financial institutions to government agencies, from global brands to small businesses. We do what we do because of our core value of Care: care for our community, our customers, our company, our teammates, and ourselves. Our global employees help our customers meet happier, communicate better, and create meaningful connections the world over. Zoomies are problem-solvers and self-starters, working hard to get results and moving quickly to design solutions with our customers and users in mind. Here, youll find room to grow with opportunities to stretch your skills and advance your career in a collaborative, growth-focused environment. Learn more about careers at Zoom by visiting our careers site: https://careers.zoom.us/home
Investor
Dec 2018
Alation is the leading agentic data intelligence platform. We empower people and AI agents with trusted data and knowledge required to deliver business outcomes. Global enterprises such as Cisco, DocuSign, and Nasdaq, and 40% of the Fortune 100, rely on Alation to govern and scale their AI initiatives. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit www.alation.com.
Investor
Jul 2018
Narvar is the #1 platform for intelligent personalization “beyond buy,” trusted by 1,500+ of the world’s most admired brands—including Sephora, Levi’s, Sonos, Warby Parker, and LVMH. Powered by IRIS™, Narvar leverages billions of data points to create seamless experiences that build trust, safeguard operations, and unlock sustainable growth. Recognized multiple times by Fast Company as one of the most innovative companies, Narvar is redefining the post-purchase journey—from returns and exchanges to tracking, notifications, and fraud prevention—simplifying the everyday lives of consumers while driving business success for retailers.
Investor
Feb 2018
Runa is a modern, cloud-based payroll and human resources software built for companies in Latin America. Companies can manage payroll, human resources, time tracking, performance management and reporting all in one platform.
Investor
Jan 2018
Zylo is the leader in enterprise SaaS Management, bringing order to SaaS sprawl and redefining how organizations manage software. Its platform empowers organizations to manage SaaS at scale by providing the visibility, prescriptive insights, and expertise necessary to optimize their software investments. Powered by the industry’s largest dataset of 40 million SaaS licenses and $40 billion in SaaS spend, Zylo unlocks significant cost savings, mitigates business risk, and maximizes software value. Named as a Leader in the Gartner® Magic Quadrant for SaaS Management Platforms, Zylo is trusted by innovative companies such as AbbVie, Adobe, Atlassian, Intuit, Salesforce, and Yahoo to confidently manage their SaaS portfolios. Zylo has raised more than $72.5M to date and is backed by leading SaaS investors, including Bessemer Venture Partners, Menlo Ventures, Baird Capital’s Venture Team, Spring Lake Equity Partners, High Alpha, GGV, Slack Fund, Salesforce Ventures, MassMutual Ventures, and Coupa Ventures. For more information, visit Zylo.com.
Investor
Jun 2017
Highspot helps companies worldwide improve the performance of their sales teams by turning strategic initiatives into business outcomes. Our unified sales enablement platform gives revenue teams a single solution to elevate customer conversations and drive repeatable revenue, bringing together native content and guidance, training and coaching, and engagement intelligence – all supported by actionable analytics.
Investor
2017
Fullstory’s behavioral data platform helps technology leaders make better, more informed decisions. By injecting digital behavioral data into their analytics stack, our patented technology unlocks the power of quality behavioral data at scale–transforming every digital visit into actionable insights. With Fullstory, enterprise businesses move closer to their customers and closer to success. When organizations understand their customers like never before they’re able to create world-class experiences that increase funnel conversion, easily detect malicious behaviors and fraud, and identify their highest-value customers effortlessly. Fullstory is on a mission to make every business more customer centric–made possible only through true behavioral insights–and understanding the sentiment between the clicks.
Investor
2016
Propel helps product companies grow revenue and increase business value. Our product value management platform connects commercial and product teams to optimize decision-making, drive process efficiencies, and engage customers with compelling products and experiences. Propel has a proven track record of improving product quality, speeding time to revenue and profit, and improving customer satisfaction. Recognized as a Deloitte Technology Fast 500 winner, Propel is built on Salesforce and drives product success for hyper growth startups, corporate pioneers, and Fortune 500 leaders in the high tech, medtech and consumer goods industries. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ RECOGNITION ► 3x Deloitte Technology Fast 500 ► Fortune: America’s Most Innovative Companies 2023 ► “Strong Performer” in The Forrester Wave™: Product Lifecycle Management For Discrete Manufacturers, Q1 2023 ► Forbes Tech Council (CEO Ross Meyercord) ► Fast Company Executive Board (Chief Strategy Officer Ray Hein) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ EXPLORE ► See our platform in action: www.propelsoftware.com/product-tour ► Subscribe to our newsletter: https://go.propelplm.com/converged-subscribe/ ► Read industry insights: https://converged.propelsoftware.com ► Check out our podcasts: https://www.propelsoftware.com/podcast ► Hear what our customers are saying: https://bit.ly/3LpOdpq ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ► Contact: email info@propelsoftware.com or visit https://www.propelsoftware.com/contact-us ► Twitter: https://twitter.com/PropelConverged
Show all 27 investments ↓
Experience · 34 entries
All (34)
Investments (29)
Board (3)
2025
Board Member
Sep 2025
At Weave Bio, we’re building the backbone for modern drug development. Drug development teams deserve tools that match the pace and complexity of their science. Our AI-native platform supports biotech and pharma organizations at every step, with a focus on regulatory workflows that bring clarity, connection, and efficiency to documentation so therapies can move forward without unnecessary delays. We partner with scientists, clinicians, and regulatory professionals who are advancing the next generation of medicines. By improving the processes behind regulatory documentation, Weave helps reduce bottlenecks and frees teams to focus on what matters most — discovery, innovation, and patient impact. Our approach is human-driven and technology-powered. We believe that combining scientific expertise with AI innovation can transform how life sciences organizations operate, making the development of therapies more efficient, compliant, and collaborative. Weave is a small but mighty team of scientists, engineers, and industry experts united by a shared mission: helping life-changing medicines reach patients faster. Our collective experience across biotechnology, software, and regulation gives us deep insight into the challenges of drug development — and the passion to build solutions that make a lasting impact. We’re proud to work side by side with our partners to move science forward and build the foundation that drug development teams need today and tomorrow.
Board Member
Jan 2025
Focus on closing, not clicking. Clarify is the joyful, autonomous CRM that helps build your pipeline, accelerate deals, handle meeting admin and update customer records—running your sales backend while you build relationships.
2024
Board Member
Jul 2024
Your general business superagent
2023
General Partner
Feb 2023
U.S. Venture Partners (USVP) is a leading Silicon Valley-based venture capital firm, helping entrepreneurs build world-class companies since 1981. U.S. Venture Partners (USVP), is a venture capital investment firm headquartered in Menlo Park, California in the heart of Silicon Valley focusing on investments in an array of segments including enterprise software, cyber security, consumer, e-commerce, healthcare, and IT-enabled healthcare services. Since its inception USVP has invested $4.3 billion in over 523 companies across a broad range of industries, of which 93 have completed an initial public offering. The firm is currently investing out of its thirteenth fund, USVP XIII. The USVP team foundation is grounded in four generations of high-technology venture investing and are accomplished venture investors, former CEOs, senior executives and technology company founders that committed to taking an exemplary firm into the 21st century. USVP personnel make up and the firms heritage combine to make us part of the company building process. In many situations the USVP board partner is the first call the entrepreneur makes when faced with strategic decisions, daily challenges and personal support, knowing that we will be there to provide the counsel needed, which is grounded in decades of experience and understanding of our role as coaches and confidantes. The investment team is composed of Jacques Benkoski, Steve Krausz, Rick Lewis, Jonathan Root, Casey Tansey and Dafina Toncheva. USVP has invested in many world-changing companies, including: Arkose Labs, Box, Carrot Fertility, Cato Networks, Check Point Software, Guidewire, Happy Returns, HeartFlow, HotelTonight, Human Interest, Imperva, Inari Medical, Inspire Medical Systems, Medigate, Omada Health, Pluto TV, ThreatMetrix, Trusteer and Zerto. Visit our website for a complete list of investments, portfolio company news and more information on USVP: www.usvp.com. Like us on Facebook and visit us on Twitter: @USVP_
2022
Investor
Mar 2022
Rundoo is the all-in-one software for paint and hardware stores.
Show all 34 entries ↓
Investment activity
2013–2025 · 29 investments
201332014320154201642017320184201922020120211202212024120252
Recent (last 2 years)Earlier