Nashville · Pre-Seed–Late Stage · 11 people tracked
Also known as MGC VENTURE PARTNERS 2018 GP, LLC · MGP VENTURE FUND III GP, LLC
Investment thesis
Mountain Group Capital invests in healthcare and technology, deliberately targeting unique, often overlooked segments within these industries rather than mainstream venture opportunities. The firm takes an active, hands-on role in shaping companies from their earliest stages and emphasizes a 'come early, stay late' philosophy. Drawing on its family office roots, it maintains a patient, long-term outlook and positions itself as a reliable partner regardless of how long a company's journey takes.
Source: firm website, verified Aug 25, 2026.
Team · 11 people
from the firm's website & public directories
What they invest in
from 30 of 36 portfolio companiesHealthtech ×19Biotech ×17Medical Devices ×11Digital Health ×9AI & Machine Learning ×6AgTech ×5FoodTech ×3Hardware ×3
HQs:United States×28
Who they back
founder profiles across 15 portfolio companiesFounding team size:solo founder×102 founders×33 founders×14+ founders×1
Investments · 36 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 12022 · 12016 · 12015 · 22013 · 18 dated
AN2 Therapeutics is a clinical-stage biopharmaceutical company developing small-molecule drugs from its boron chemistry platform, with a pipeline spanning hematologic diseases, infectious diseases, oncology, and bone disorders.
BiotechHealthtechMenlo Park, US
Joseph S. Zakrzewski(Co-Founder & Director)Eric Easom(Co-Founder, President & CEO)inGeorge H. Talbot(Co-Founder & Senior Clinical Advisor)Michael R.K. (Dickon) Alley(Co-Founder, SVP Research Fellow, Head of Biology)Margaret FitzPatrick(Director)Patricia Martin(Director)
Co-investorsAdjuvant CapitalBioRock VenturesFlucas VenturesRA CapitalHatteras Venture Partners
Castle Biosciences develops genomic diagnostic tests that use a patient's molecular biology to inform disease management and treatment decisions.
BiotechDigital HealthHealthtechFriendswood, US
Derek Maetzold(Executive Officer, Director)inDerek J. Maetzold(Founder, President & Chief Executive Officer)Frank Stokes(Chief Financial Officer)Kristen Oelschlager(Chief Operating Officer)Toby Juvenal(Chief Commercial Officer)Hillary Caruso(Chief of Staff)
Co-investorsBioBritIllumina Ventures
Corcept develops cortisol modulators — molecules that regulate cortisol activity at the glucocorticoid receptor — to treat serious diseases across endocrinology, oncology, metabolism, and neurology.
AI & Machine LearningBiotechHealthtechMedical Devices
Co-investorsLongitude Capital
5Metis is a discovery-stage company developing boron-based molecules for crop protection, running medicinal/discovery chemistry and toxicity testing programs to invent new agricultural active ingredients.
AgTechBiotechNew MaterialsResearch Triangle Park, US
Brian Green(Co-founder, CEO & CSO)inSteven L.K. Tuttle(Executive Officer, Director)Richard Gianni(Executive Officer)Steve Tuttle(COO & Board Member)
BoardYogesh Mago(Director)Cindy Smith(Director)
Co-investors1855 Capital PartnersOspraie Ag Science
QScout Lab provides rapid, on-farm diagnostic tests for livestock producers to detect diseases and guide treatment decisions.
AgTechMedical Devices
Co-investorsWolfpack Investor Network
Beverly Hills, US
Brandon Werber(Executive Officer, Director)Eliyahu Ben-Ezra(Executive Officer)Roy Rubin(Director)Asher Leids(Director)
BoardWilliam Su(Director)David Shadpour(Director)
Co-investorsCanvas VenturesHawke VenturesPath VenturesStarting Line75 & SunnyBracket Capital+3 more
Neonatal and pediatric family support technology company
HealthtechNashville, US
Christopher Rand(Executive Officer, Director)Curtis Lowery(Director)
BoardEmily Rash(Director)Alex Whitmore(Director)Gerard Hayden, Jr.(Director)Byron Smith(Director)in
Co-investorsSeedToB
Appello Pharma is a biopharmaceutical company focused on drug discovery and development for neurological and metabolic diseases.
BiotechDigital HealthHealthtechMedical DevicesNashville, US
Dr. Laden(Co-founder)Christopher Rand(Executive Officer)Vaughn Bryson(Director)Jeff P. Conn(Director)
BoardWilliam Slattery(Director)Howie Furst(Director)in
Co-investorsRelevance VenturesDeerfield Management Company
Nashville-based provider of home and outpatient community-based palliative care for seriously ill patients, acquired by Anthem in 2018.
Digital HealthHealthtechNashville, US
Brad Smith(Executive Officer, Director)Andrew Lasher(Executive Officer)Diane Seloff(Executive Officer)William Anderson(Executive Officer)William Frist(Director)
BoardAnn Lamont(Director)
Co-investorsFrist Cressey VenturesGV (Google Ventures)Lifeforce CapitalOak HC/FT
Identifying and developing boronized molecules for use in animal health.
Circular Genomics develops a proprietary platform using circular RNA biomarkers to enable early detection and understanding of neurological diseases through blood tests.
AI & Machine LearningBiotechDigital HealthMedical DevicesAlbuquerque, US
Alexander Hafez(Executive Officer, Director, Promoter)inNikolaos Mellios(Director, Promoter)
Co-investorsCottonwood Technology FundTramway Venture Partners
Clearside Biomedical is an intellectual property holding, investment, and commercialization company focused on its suprachoroidal space (SCS) ocular drug-delivery platform and microinjector technology.
BiotechHealthtechMedical DevicesAlpharetta, US
Mark Prausnitz(Director)Charles Deignan(Executive Officer)Glenn Noronha(Executive Officer)Daniel H. White(Executive Officer, Director)
BoardEvgeny Zaytsev(Director)Derek Yoon(Director)in
Co-investorsHEALTHCARE ROYALTY PARTNERSSolasta VenturesHatterasHatteras Venture Partners
Contego Medical develops the Neuroguard IEP System, a 3-in-1 carotid stenting device combining a carotid stent, dilation balloon, and integrated embolic protection with a 40-micron filter to reduce stroke and cognitive impairment from microembolization.
HardwareHealthtechMedical DevicesRaleigh, US
Ravish Sachar(CEO & Founder)Paul Sanders(Chief Operating Officer)
Co-investorsLightstone VenturesHatteras Venture PartnersAmzak HealthUS Venture Partners
Ethos Systems provides an AI-driven training platform that delivers personalized, role-specific learning content and ties training to performance data for readiness measurement.
AI & Machine LearningDefense TechEdTech
Andrew Powell(Founder)inSasha Seymore(Founder)in
Co-investorsDorm RoomJ4 VenturesMVP VenturesNorwest Venture PartnersTech Square VenturesCubit Capital
G1 Therapeutics develops cancer therapies focused on improving patient outcomes and quality of life for people with cancer.
BiotechResearch Triangle Park, US
Mark A. Velleca(Executive Officer, Director)inTimothy Sullivan(Director)Gregory Mossinghoff(Executive Officer)Seth Rudnick(Director)Ron Laufer(Director)Michael Gutch(Director)
Co-investorsLumira VenturesRA CapitalSolasta VenturesHatteras Venture Partners
In The Bowl Animal Health (ITBAH) develops and commercializes antiparasitics and therapeutics for pets by incorporating the drug directly into the pet's daily food to improve compliance and convenience.
BiotechConsumerFoodTechHealthtechNashville, US
Randolph Legg(Chief Executive Officer)Scott Holmstrom, Ph.D.(Chief Scientific Officer)Eric Graves(Director)Jay Ferguson(Executive Officer)Robin Readnour(Director)Diane Hirakawa(Director)
Co-investorsBioBrit
Ironwood Pharmaceuticals is a gastrointestinal (GI) healthcare company focused on developing treatments for GI diseases.
BiotechDigital HealthHealthtechCambridge, US
PETER M. HECHT(Executive Officer, Director)MARK G. CURRIE(Executive Officer)HALLEY E. GIBLERT(Executive Officer)THOMAS GRANEY(Executive Officer)THOMAS A. MCCOURT(Executive Officer)
BoardTERRANCE G. MCGUIRE(Director)
Co-investorsF-Prime CapitalRidgeback CapitalVenrockMaverick VenturesPolaris Partners
Lineagen provides genetic testing and optical genome mapping services for clinical diagnosis and research applications.
BiotechDigital HealthHealthtechMedical DevicesSalt Lake City, US
Gayland Moffat(Executive Officer)Michael S. Paul(Executive Officer, Director)
BoardMichael Fitzgerald(Director)Fred A. Middleton(Director)Mary C. Tanner(Director)Michael Walsh(Director)
Mindera Health develops digital predictive skin analytics technology, described as Dermal Intelligence, aimed at improving health economic outcomes in dermatology.
AI & Machine LearningBiotechDigital HealthMedical DevicesVista, US
Tahir Mahmood(Executive Officer, Director)Philippe ` Nore(Executive Officer, Director)
BoardAndrew Offer(Director)inTyler Whitmore(Director)inJoseph C. Cook III(Director)Patrick Rivelli(Director)
Co-investorsScientific Health Development
HealthtechDurham, US
R. Frederick McCoy, Jr.(Executive Officer, Director)
BoardMudit Jain(Director)Douglas Reed(Director)
NuSirt Sciences develops therapies that activate the sirtuin pathway by combining established pharmaceuticals and natural products to treat cardiometabolic conditions of aging and overnutrition, including fatty liver disease (MAFLD/MASH), obesity, type 2 diabetes, and hypertension.
BiotechHealthtechLongevityNashville, US
Michael Zemel(Executive Officer, Director)Barbara Cannon(Executive Officer)Joseph C. Cook, Jr.(Executive Officer, Director)
BoardEric Satz(Director)Vaughn Bryson(Director)Brian Laden(Director)
Co-investorsHatteras Venture Partners
Nashville, US
Steven Berneman(Executive Officer, Director)Hunter Hillenmeyer(Executive Officer, Director)
BoardStuart Larkins(Director)inEric Satz(Director)
Co-investorsChicago VenturesAtlas Venture
PhaseBio is a company focused on developing treatments for cardiovascular disease, which is a leading cause of death in the United States.
BiotechHealthtechMedical DevicesMalvern, US
Ashutosh Chilkoti(Director)Joel Sussman(Executive Officer)Jonathan Mow(Executive Officer, Director)
BoardJames Barrett(Director)Michael Gutch(Director)Justin Klein(Director)
Co-investorsNew Enterprise Associates (NEA)Hatteras Venture Partners
PinkDx is a diagnostics company developing tests, led by a leadership team spanning scientific, medical, and business functions.
BiotechDigital HealthFemTechIndianapolis, US
Richard T. Kloos(Chief Medical Officer)Timothy McMeekan(Co-Founder, Chief Financial Officer, and Chief Business Officer)Giulia Kennedy(Co-Founder and Chief Scientific Officer)Isaac Ro(Director)Risa Stack(Director)Eric Wang(Executive Officer)
Co-investorsCanaan Partners
ReVIDA Recovery operates a network of outpatient recovery centers that treat opioid use disorder using Medication Assisted Treatment (MAT) and a multi-disciplinary behavioral healthcare approach.
Digital HealthHealthtechMental HealthNortheast Tennessee, US
Swap Robotics builds 100% electric autonomous robots for utility-scale solar sites, handling vegetation management, solar panel laying during construction, and materials movement.
CleantechClimate TechEnergyRoboticsNashville, US
Matthew Beasley(Executive Officer, Director)Philip Bredesen(Director)David Reagan Farr(Executive Officer, Director)Matthew H. Kisber(Executive Officer, Director)Michael Payne(Executive Officer)Philip N. Bredesen(Director)
Co-investorsManulife Investment Management
TARGAN is an animal agtech systems company that engineers precision technologies for commercial food producers, with a focus on sustainability and animal welfare.
AgTechAI & Machine LearningFoodTechHardwareRaleigh, US
Co-investorsOval Park Capital
Value Payment Systems (operating as Catalis) provides payment processing and collection solutions for government agencies and public sector organizations including courts, tax offices, utilities, and child support agencies.
FintechGovTechSaaSNashville, US
HealthtechNashville, US
David Rosen(Executive Officer, Director)
BoardAtsushi Nagahisa(Director)Robin Readnour(Director)Scott Holmstrom(Director)inLynne Zydowsky(Director)
Verility builds Fertile-Eyez, an AI-based image analysis and optical sensor platform for point-of-care fertility testing in animals, assessing sperm quality and predicting ovulation phase.
AgTechAI & Machine LearningHardwareHealthtech
Liane Hart(CEO & Co-Founder)Hadi Shafiee(Inventor, Co-Founder, & Technical Advisor)Brian Kopp(CFO & Head of Business Strategy)Scott Baxter(Chief Product Officer)
Covetrus provides software and pharmacy solutions for veterinary practices, including an integrated platform that manages prescription workflows, online pharmacy storefronts with home delivery, and compounded medication services.
HealthtechMedical DevicesSaaS
Co-investorsHarbor Light Capital Partners
Vytelle offers an integrated technology platform for cattle producers to accelerate genetic progress and enable individual animal management.
AgTechBiotechFoodTechSaaSLenexa, US
Kerryann Kocher(Executive Officer, Director)Rudy Leemans(Executive Officer)
BoardDuane Cantrell(outgoing director)inJim Schultz(Director)Robin Readnour(Director)James (Jim) Shafter(outgoing director)
Co-investorsFulcrum Global CapitalKCRise FundSerra Ventures
Exits · 4
IPOs and acquisitions across the tracked portfolioAN2 TherapeuticsNASDAQ: ANTXCastle BiosciencesNASDAQ: CSTLCorcept TherapeuticsNASDAQ: CORTAspire Healthacq. by CareMore Health (Anthem)
Portfolio news
latest coverage across their companiesAN2 Therapeutics · ng.investing.com · Aug 19, 2026
Ironwood Pharmaceuticals · marketbeat.com · Aug 11, 2026
AngelEye Health · aol.com · Aug 11, 2026
Clearside Biomedical · elevenflo.com · Mar 6, 2026
Airvet · newmarketpitch.com · Jan 12, 2026
Circular Genomics · finsmes.com · Dec 1, 2025
Frequently asked questions
- How many investments has Mountain Group Capital made?
- Mountain Group Capital has 35 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Mountain Group Capital invest at?
- Mountain Group Capital invests at the Pre-Seed, Seed, Late Stage stages.
- What sectors does Mountain Group Capital focus on?
- Mountain Group Capital focuses on AgTech, AI & Machine Learning, Biotech, Digital Health, Energy, Enterprise Software, Healthtech, Medical Devices, SaaS.
- Where is Mountain Group Capital located?
- Mountain Group Capital is headquartered in Nashville, US.
- Who does Mountain Group Capital co-invest with?
- Mountain Group Capital most often shares deals with BioBrit, RA Capital, Solasta Ventures, among 43 tracked co-investors.
Images
Co-investors · 8
Canvas Prime (formerly Canvas Ventures) is an early-stage venture capital firm that invests in AI transforming digital health and fintech, leading Series A and B rounds in companies ready to scale.
FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.
Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.
500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.
Presight Capital is the international venture fund of entrepreneur Christian Angermayer, operating as a registered investment adviser that can invest across public and private markets with checks from $500K to $100M+ throughout a company's entire lifecycle from seed to post-IPO. The fund is backed by prominent hedge fund managers and billionaire angels rather than traditional institutional investors, and focuses heavily on controversial frontier science like psychedelics, brain-computer interfaces, and life extension alongside transformative infrastructure bets in undercapitalized global markets.
Race Capital is an early-stage venture fund that invests in companies operating in data, enterprise, infrastructure, and fintech sectors.
L Catterton Growth is the growth investing arm of L Catterton, a consumer-focused private equity group that has made over 300 investments in consumer brands since 1989. The firm manages roughly $40 billion and backs middle-market companies and emerging high-growth consumer businesses; this unit is listed with a London office.
Angel Ventures (AV) is a Mexican venture capital firm investing in early-stage to early-growth companies across Latin America, acting as a lead Series Seed and Series A investor in startups with business models tailored for the Latin American market.
Firms observed investing alongside Mountain Group Capital, from public investor directories. Shared companies are the overlap with Mountain Group Capital's recorded portfolio.
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