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Ellen Ma, Managing Director at UpHonest Capital

Ellen Ma

Managing Director @ UpHonest Capital

San Francisco, United States

Ellen Ma is a seed investor at UpHonest Capital in San Francisco focused on Artificial Intelligence and Internet. Ellen is an investor at UpHonest Capital, focusing on consumer products, marketplaces, softwares, and healthcare. Ellen leads UpHonest's media efforts in China through Silicon Valley Race (aka硅兔赛跑). Silicon Valley Races has over 30 million viewership in China with over 100k followers in Chinese VC communities. Prior to UpHonest Capital, sheworked in finance, consulting, auditing and banking.

Total investments:
40
Last investment:
Lead investor:
10%

Last updated:

Industries Ellen Ma invests in

Artificial IntelligenceInternetSoftwareHealth CareWellness

Stages Ellen Ma invests in

SeedPre-SeedSeries ASeries BSeries E

Countries Ellen Ma invests in

United StatesCanadaUnited Kingdom

Round sizes

Seed $600k–$6.5MSeries A $10M–$24M

Contacts

TypeContactValidation
Work email
Personal email
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Socials

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Round size

Seed
$600k–$6.5M
Series A
$10M–$24M

Investment Focus

Industry

  • Artificial Intelligence 5 (13%)
  • Internet 4 (10%)
  • Software 4 (10%)
  • Health Care 4 (10%)
  • Wellness 3 (8%)
See all 84 industries →

Stage

  • Seed 24 (60%)
  • Pre-Seed 3 (8%)
  • Series A 3 (8%)
  • Series B 1 (3%)
  • Series E 1 (3%)
See all 8 stages →

Country

  • United States 26 (65%)
  • Canada 1 (3%)
  • United Kingdom 1 (3%)

Investments

CompanyDescriptionRoundLinks
AI Agent built for Marketing to automate Marketer's workflows and maximize ROI. $25M / Seed / Sep 30, 2025
Turing.com connects world-class remote software engineers with world-class companies. 200+ companies, including those backed by Google Ventures, Andreessen, Founders Fund, Kleiner, and Bloomberg, have hired Turing developers. Over 1M+ developers from across 150+ countries have chosen Turing as their preferred platform for landing remote jobs. $111M / Series E / Mar 06, 2025
AI Agent built for Marketing to automate Marketer's workflows and maximize ROI. Pre-Seed / Nov 18, 2024
Buildt AI is generative AI to write iOS or Android native apps from some simple text requirements written by a customer - no code or technical information or experience required. This is not just a web app or a spreadsheet with a layer of UI. Buildt will automatically ‘write’ real code based on the simple requirements provided by the customer.Wealso interviewed technical executives/managers from companies such as Robinhood, Uber, and Cazoo and they were also extremely positive about using Buildt to build internal MVPs, product prototypes and quickly build their "CRUD" apps. Their existing experience with "no code" apps is that they are extremely limited to web apps only and can't satisfy their requirements accurately. $2.5M / Seed / Aug 12, 2024
MoeGo is a pet grooming software for your schedules, messages and payments. $24M / Series A / Mar 04, 2024
Rollstack is a powerful tool for building stunning charts and visualizations for your slides and documents. With Rollstack, you can easily create professional-grade graphics that will impress your audience and make your data stand out. $1.8M / Seed / Sep 27, 2023
Klarity provides nurse practitioners and physician assistants with the marketing, software, and human resources they need to succeed in offering profitable telehealth services online. $10M / Series A / Aug 17, 2023
Sameday uses AI to answer phones, respond to chats, and follow up with in the same way that a salesperson would. $500K / Pre-Seed / Apr 05, 2023
Tranch brings payment flexibility to B2B by offering expense financing services for fast-growing businesses. With Tranch, businesses can spread bulky expenses and take control of the cash flow on their terms and prioritise spend on growth, without compromising on the tools they need. Tranch transforms how businesses pay with Grow Now, Pay Later. $5M / Seed / Jan 24, 2023
Hedgehog’s technology enables fungi cultivation for <1/4th the cost. Their AI-driven discovery platform identifies microbiomes that enable fungi to be grown at >1000x the scale. This enables low-cost production of fungi-based products like mushrooms, mycelium protein, feed amendments, and bulk animal feed. Hedgehog was founded in 2022. Pre-Seed / Sep 08, 2022
See all 40 investments →

Co-Investors

UpHonest Capital

About UpHonest Capital

VC Fund · San Francisco, United States

UpHonest Capital is an early-stage, industry-agnostic venture capital firm that partners with companies from pre-seed stage to Series A. The firm invests in entrepreneurs and early-stage startups and then uses its resources to boost value creation through disruptive means.

UpHonest Capital Contacts

NameEmailPhoneSocials
Ellen Ma
Ellen Ma Managing Director
Teddy Chen
Teddy Chen Chief of Staff
Wei Guo
Wei Guo Founding Partner
Yiren Du Venture Scout

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FAQ

What does Ellen Ma invest in?

Ellen Ma invests primarily in Artificial Intelligence, Internet and Software startups, most often at Seed and Pre-Seed stage. Most of the 40 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Ellen Ma's check size?

Ellen Ma typically joins rounds of $600k–$6.5M at Seed and $10M–$24M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ellen Ma participates in.

How do I contact Ellen Ma?

Public channels for Ellen Ma include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Ellen Ma last invest?

The most recent investment recorded for Ellen Ma closed in Sep 2025. Shizune tracks 40 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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