M12, Microsoft's venture fund, invests in early-stage enterprise software companies globally. Their focus areas include business applications, cloud infrastructure, cybersecurity, data & AI, developer tools, healthcare, and vanguard technologies. With offices in San Francisco, Seattle, London, Tel Aviv, and Bengaluru, M12 typically invests in Series A to C rounds, providing startups with unparalleled access to Microsoft's resources.

Since 2016, M12 has invested in over 100 companies, including notable startups like Applied Intuition, Bakkt, and Outreach. The fund aims to accelerate growth for portfolio companies by leveraging Microsoft's extensive network and technological expertise. M12's investment philosophy centers on identifying innovative solutions that can transform industries and create long-term value in the enterprise technology sector.