Virginia is no longer just a home for monuments and statues. The startup scenario in Virginia is booming. It is, in fact, one of the hottest spots to invest in startups in the states, thanks to its growth of local networking. This is very helpful for angel investors, VC firms who want to invest in the states. We have gone through a big list of VC Funds, and here are our top 10 picks for VC funds in Virginia:
Columbia Capital is a venture capital firm established in 1989. With a focus on communications, media, and technology, Columbia Capital has invested in over 150 companies, contributing to industry innovation. The experienced team, averaging 20 years in the field, follows a cohesive investment philosophy. Specializing in digital infrastructure, enterprise technology, and mobility, they've raised $5.0B across seven funds. Columbia Capital partners with management teams, developing investment theses and execution plans to support companies at various stages, aiming for success-based funding and strong returns.
Website: Columbia Capital
Founding Year: 1989
Investment Range: $25M - $100M
Stage: Growth, Late
Sector: Communications, Media, and Enterprise Technology
Investment Geography: Alexandria, Virgina
Notable Investments: Ooyala, Brightcove, Asana, SailPoint, Grubhub, Duo Security
Submit Pitch/ Contact: Link
Grotech Ventures is a dedicated team supporting ambitious entrepreneurs in creating lasting technology companies. As early investors, they provide funding ranging from $500,000 to $5 million, with a commitment to ongoing support for your company's growth. Their focus is on high-potential technology ventures.
Website: Grotech Ventures
Founding Year: 1984
Investment Range: $500K - $5M
Stage: Early, Growth
Sector: Software, SaaS, Information Technology, Enterprise Software, E-Commerce
Investment Geography: U.S.
Notable Investments: Urjanet, Tethr.io, icxmedia, ShipMonk, PetScreening
Submit Pitch/ Contact: Link
For over three decades, Edison Partners has been a vital supporter of company growth, offering both financial backing and strategic guidance. With a seasoned team boasting 275 years of collective experience, Edison Partners specializes in fueling the expansion of high-growth firms in sectors like financial technology, healthcare IT, and vertical SaaS. Their tailored Edison Edge value creation platform caters to the unique needs of each business, ranging from buyouts and recapitalizations to secondary stock purchases. Managing $1.7 billion in assets, Edison Partners has played a key role in creating a total market value surpassing $10 billion across its active portfolio.
Website: Edison Partners
Founding Year: 1986
Investment Range: $10M - $30M
Stage: Growth
Sector: Financial technology, healthcare IT, and enterprise software
Investment Geography: Primarily invests in companies located outside Silicon Valley
Notable Investments: Nlyte Software, Medchart, WebMD, Billtrust
Submit Pitch/ Contact: Link
IQT, established in 1999, is a non-profit strategic investor accelerating the development of cutting-edge technologies for U.S. government agencies. Focused on national security, IQT partners with innovative startups to integrate impactful technologies. Born from the collaboration of government security expertise and Silicon Valley's innovation, IQT addresses the need for government agencies to stay at the forefront of technological advancements since its founding.
Website: In-Q-Tel
Founding Year: 1999
Investment Range: $10M - $50M
Stage: Seed, Series A, Series B, Later
Sector: National Security & Intelligence, focusing on areas like cybersecurity, artificial intelligence, data analytics, autonomous systems, and more
Investment Geography: Primarily U.S.
Notable Investments: Nucleus, Airfinity, Mitra Chem, JetCool Technologies, Robust Intelligence, Circuit Mind
Submit Pitch/ Contact: info@iqt.org
NAV.VC, a venture capital firm founded in 1999, focuses on investing in early-stage technology companies aligned with emerging consumer trends. Based in Reston, Virginia, NAV.VC manages the New Atlantic Venture Fund IV, established in 2013. The fund, with an investment range of $100K to $10M, specializes in the software and TMT sectors, including mobile, e-commerce, and cybersecurity. Notable investments include Cognito, GlobalLogic, DIVX, Liquid Machines etc.
Website: New Atlantic Ventures
Founding Year: 1999
Investment Range: $100K - $10M
Stage: Early, Seed
Sector: Invests nationally in businesses like mobile, e-commerce, cyber security, and more.
Investment Geography: Reston, Virgina
Notable Investments: Cognito, GlobalLogic, DIVX, Liquid Machines, Pine Labs
Submit Pitch/ Contact: info@nav.vc
Updata Partners, a prominent tech-focused growth equity firm boasts over $1.5 billion in committed capital. Guided by an investment team averaging 25+ years of tech expertise, Updata specializes in funding high-growth B2B software and software-driven enterprises. Their strategic investments, combining capital and operational know-how, are geared towards propelling success in the dynamic technology landscape.
Website: Updata Partners
Founding Year: 1998
Investment Range: $5M - $50M
Stage: Growth
Sector: B2B software and software-driven businesses
Investment Geography: United States, with a focus on non-Bay Area companies
Notable Investments: Appian, Avalara, Bill.com, Chef, Everfi, Instructure, Procore, Xometry
Submit Pitch/ Contact: Link
Harbert Management Corporation (HMC), established in 1993, is a confident and disciplined investor committed to its own strategies before suggesting investments to co-investors. With a focus on risk-balanced portfolios, HMC employs fundamental research for bold yet sensible investment decisions. Specializing in real assets and private capital globally, they manage $5M to $100M investments in growth, later stage, and distressed opportunities. HMC's institutional-quality operational setup ensures transparency, and their alignment with clients is evident through substantial partner capital commitment. Notable investments include the Harbert Infrastructure Fund, Harbert European Real Estate Fund, and Harbert Growth Partners etc.
Website: Harbert Management Corporation
Founding Year: 1993
Investment Range: $5M - $100M
Stage: Growth, later stage, and distressed
Sector: Real assets (infrastructure, real estate), private capital (credit solutions, growth equity, absolute return)
Investment Geography: Global
Notable Investments: Harbert Infrastructure Fund, Harbert European Real Estate Fund, Harbert Growth Partners, Donerail Strategy, Pioneer Strategy, 6Beacon Strategy
Submit Pitch/ Contact: Link
Route 66, a powerhouse in business, champions global positive change. With ten years of expertise, they excel in supporting early-stage fintech ventures, fostering entrepreneurial success. Now venturing into digital health and wellness, they leverage their experience in scaling businesses and navigating regulations to invest in well-being technology. More than investors, Route 66 is a catalyst for innovative solutions, dedicated to shaping a brighter future through strategic investments.
Website: Route 66 Ventures
Founding Year: 2012
Investment Range: $500K - $4M
Stage: Early-stage
Sector: Financial services, Healthcare, Wellness, Technology
Investment Geography: United States, Canada, Ireland, Netherlands, United Kingdo
Notable Investments: Joon Care, Eirene Medical, Finary, Healthwave, PayPlug, Aircall, Jobbio, Oqium
Submit Pitch/ Contact: Link
Gladstone Capital Corporation (Nasdaq: GLAD), established in 2001, is a Business Development Company (BDC) within the Gladstone Companies' family. Managing over $4.0 billion in assets, they specialize in providing flexible debt capital to lower middle market businesses. With a focus on established, growth-oriented companies, they invest $7 million to $30 million per portfolio company, targeting those with revenues of $20MM-$150MM and EBITDA of $3MM-$25MM+. Operating through economic cycles, Gladstone Capital has invested over $2.5 billion in 260+ deals across various industries. As part of the Gladstone Companies, they contribute to a diversified investment portfolio.
Website: Gladstone Capital
Founding Year: 2001
Investment Range: $7M - $30M
Stage: Lower Middle Market
Sector: Small & Medium-sized Businesses
Investment Geography: United States
Notable Investments: nTelos, Teladoc, Envision Healthcare, Envision Physician Services, Envision Pharmacies
Submit Pitch/ Contact: Link
IMS Ventures is a dynamic venture capital firm with over 22 years of experience, specializes in digital mobile finance and content services, primarily focused on emerging markets. The company actively supports early-stage entrepreneurs by validating their concepts and preparing them for growth. Operating from offices in Florida and Virginia, IMS Ventures collaborates with domestic and international portfolio companies. Recognized for innovation, the firm offers services like call completion solutions, nano financial services, mobile gaming apps, and an interactive mobile channel, utilizing AI for a customizable experience.
Website: IMS Ventures
Founding Year: 2001
Investment Range: $250K - $500K
Stage: Early
Sector: Enterprise Software, Cybersecurity, Internet of Things (IoT), Healthcare, IT, Industrial Automation
Investment Geography: Global (HQ: Alexandria, VA)
Notable Investments: C3i Solutions, Cognito Therapeutics, IronNet Cybersecurity, Jetstream, Secureworks
Submit Pitch/ Contact: Link
Best of luck with your amazing ventures.
Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.
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