Mountain State Capital

About

Mountain State Capital is an early-stage VC firm investing in the most promising startups in the greater Appalachian region – including Pennsylvania, West Virginia, Ohio, Virginia, Maryland, North Carolina, Kentucky and Tennessee.   Over the past two decades, our Principals have invested in more than 100 companies across a wide variety of technologies and industry sectors, ranging from software to life sciences and everything in-between. In general, we’re looking for ideas that have the potential to disrupt billion-dollar markets, and teams that possess a deep understanding of the sectors in which they compete.

SECTORS

Over the past two decades, we’ve invested in a wide variety of technologies and industry sectors, ranging from software to life sciences and everything in-between. In general, we’re looking for ideas that have the potential to disrupt billion-dollar markets, and teams that possess a deep understanding of the sectors in which they compete.

AMOUNT

Our initial investments are generally part of a large Seed round, in which the company is raising $1 million to $5 million to enable at least 18 months of runway. In these rounds, we will typically invest between $200,000 – $500,000, and we can often help identify additional investors if needed.  In most cases, we expect that the company will require additional investment in the coming years, and we therefore reserve sufficient capital to participate in the follow-on rounds of our best-performing portfolio companies.