Matt Fates

Venture Partner

Matt’s passion for new ideas and technology started at a young age, dating back to coding with an Apple IIe.  Professionally, he was drawn to venture capital as it provides the opportunity to work closely with entrepreneurs leveraging technology to solve challenging problems.  Today, he values the opportunity to be a partner to founders, developing strong relationships, reasoning through strategic issues, and supporting them in building impactful companies.

Matt has worked with early stage technology driven companies since 1996, from formation stage all the way through IPO and beyond through different roles.  As a venture investor and angel, either through his firm or individually, Matt has invested in over 100 companies.  His most recent role has been General Partner at Ascent Venture Partners (2002 – present) where he focused on investments in data analytics, data-driven business SaaS and cybersecurity. Prior to Ascent, Matt was on the investment team at Norwest Venture Partners (1998 – 2000), where he worked with networking and enterprise technology companies. Before Norwest, Matt helped execute both IPO and M&A transactions at Alex Brown & Sons (1996 – 1998), a leading technology investment bank in the 1990s.

Matt was a double major in computer science and economics at Yale University where he was also captain of the rugby team. He later earned an MBA from the Tuck School of Business at Dartmouth (Tuck Scholar).

Matt is a natural competitor and enjoys fitness, health and family. He has completed numerous endurance events including the Boston Marathon and Ironman triathlons. He is also an avid skier, mountain bike rider and a father of four.  Matt is passionate about education, believing it is the key to solving many of the world’s problems. Matt serves as a board member for charter school KIPP Massachusetts.


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