About Marathon Management
Marathon Management is a venture capital firm based in Beverly Hills, CA. Since April 2025 it has filed Form D notices for four funds. The largest, Marathon Management Partners Fund I, LP, reported $205.9M raised from 143 investors.
Funds
Marathon Management has four funds on file with the SEC, which have reported $210.0M raised.
Funds (SEC Form D)
| Fund | First filed | Amount raised | Target | Investors |
|---|---|---|---|---|
| Marathon M4 LLCVenture capital fund · 3(c)(7) · Form D ↗ | Sep 2, 2026 | $30,000 | $30,000 | 1 |
| Marathon M3 LLCVenture capital fund · 3(c)(7) · Form D ↗ | Apr 13, 2026 | $435,000 | $435,000 | 4 |
| Marathon M2 LLCVenture capital fund · 3(c)(7) · Form D ↗ | Oct 1, 2025 | $3,685,000 | $3,685,000 | 2 |
| Marathon Management Partners Fund I, LPVenture capital fund · 3(c)(7) · Form D/A ↗ | Apr 24, 2025 | $205,935,000Apr 2025: $0 Apr 2026: $205.9M | $250,000,000 | 143 |
Amounts and investor counts come from each fund's latest Form D or amendment; the dated lines under an amount show what earlier filings reported. "Not set" means the fund did not give a target. Form D does not report returns.
Portfolio Companies
Companies where a Marathon Management partner sits on the board, according to the company's own Form D. A board seat usually comes with an investment, but Form D does not list investors.
| Company | Location | Marathon Management director | On the board | Latest raise |
|---|---|---|---|---|
| Niural, Inc. | Georgetown, TX | Gokul Rajaram | 2025–2026 | $20.5M ↗Jun 2026 |
| Sungage Financial, LLC | Boston, MA | Michael Gilroy | 2024–2026 | $0 ↗ |
| Sungage Holdings, Inc. | Boston, MA | Michael Gilroy | 2022–2024 | $6.5M ↗Feb 2024 |
| Sunday App, Inc. PBC | Atlanta, GA | Michael Gilroy | 2021 | $20.9M ↗Oct 2025 |
People
Partners and officers named on Marathon Management's fund filings.
Sources
- SECEvery Form D filing behind this page is linked in the tables above.