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Priyanka Mitra

Partner at M12

San Francisco, California

Overview 

Priyanka Mitra is a Partner at M12, Microsoft's Venture Fund, with a notable career in investing in companies like ToolJet, Private AI, and Split Software. She has served as a Board Member for Netradyne and Andor Health, showcasing expertise in enterprise infrastructure, developer tools, and health IT sectors.

Work Experience 

  • Partner

    2020 - Current

    VC & Growth Investor. Named by GCV as one of 50 of the top emerging leaders globally in venture capital investing. Selected for All Raise VC Champions global program as one of the top 30 female partner-level investors. Top 50 Women Leaders of San Francisco. Selected for induction into SWIFT (Senior Women in Finance at Microsoft), a selective community of senior women at Microsoft identified as high-trajectory/high impact leaders in finance. Analyst manager at M12. Led the firm's COVID macroeconomic analysis task force, delineating and analyzing COVID impact to M12 portfolio, and doubled the number of healthcare and life sciences portfolio companies since joining the firm, as a key leader of healthcare investing at M12, and a leader of the firm's investing efforts in developer tools and generalist SaaS tools. Investments include: o Healthcare and life sciences: Innovaccer - Unicorn (healthcare IT company; led the company's C1 round and led participation in D and E rounds) iLoF , Andor Health, MedMe, 1910 o Developer tools: Split.io, Wallaroo, Parabol o Emerging & frontier tech: Wandelbots, Palm NFT, Noble.ai o Data & AI: Private AI, Netradyne (Unicorn) o Business applications: Parabol, Tact.ai

M12 is the venture capital arm of Microsoft that invests in early-stage companies.

  • Founding Partner & Co-Leader

    2022

    Founding Partner and Co-leader of the M12 GitHub fund. The GitHub Fund invests checks in the next generation of outstanding world-class open source software founders. https://www.linkedin.com/posts/activity-6996557412916740098-w0zz?utm_source=share&utm_medium=member_desktop I focus predominantly on developer tools that support AI/ML developer tools and AI/ML infrastructure within OSS ecosystem. Led investments in Ivy ML, Tooljet, Novu, Codesee, Bytewax, Opensauced, Rubbrband, and an additional 3 stealth/unnannounced to date https://www.linkedin.com/feed/update/urn:li:activity:6996557412916740098/

  • Board Member

    2021

    Unicorn

Netradyne engages in improving fleet safety through computer vision and in-depth data analysis.

Raised $262,520,546.00 from Silicon Valley Bank.

  • Board Member

    2020

Andor Health focuses on empowering clinicians to design their own digital experiences

  • Board Observer

    2020

    Led M12's participation in Split Series C and D rounds. Split was acquired by Harness.io (2024)

Split Software is a feature delivery platform that powers engineering teams to build impactful products.

Raised $169,800,000.00 from Northgate Capital, Accel, Owl Rock Capital, Atlassian Ventures, M12 - Microsoft's Venture Fund, Harmony Partners and Lightspeed Venture Partners.

  • Board Observer

    2020

    Unicorn

Innovaccer provides a data activation platform that aggregates, analyzes, and leverages healthcare data to deliver actionable insights.

Raised $379,100,000.00 from B Capital, Tiger Global Management, Whale Rock Capital Management, Avidity Partners, Mubadala Capital Ventures, Steadview Capital, Dragoneer Investment Group, M12 - Microsoft's Venture Fund, OMERS Growth Equity and Schonfeld Strategic Advisors.

  • Board

    2021

  • Board

    2022

  • Investor

    2023

ToolJet is a low-code open-source platform for developing and deploying custom business applications.

Raised $6,154,997.00 from GitHub and M12 - Microsoft's Venture Fund.

  • Investor

    2023

bytewax develops machine learning software to help data scientists and machine learning engineers build ML-based features.

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