Mountain Group Capital
Family officeNashville · Pre-Seed–Late Stage · 13 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 11, 2026.
Team · 13 people
from the firm's website & public directories
What they invest in
from 29 of 35 portfolio companiesBiotech ×16Healthtech ×14Medical Devices ×11Digital Health ×7AI & Machine Learning ×6AgTech ×5FoodTech ×3SaaS ×3
HQs:United States×25
Investments · 35 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 12022 · 12016 · 12015 · 22013 · 18 dated
Castle Biosciences develops genomic tests that provide personalized biological information to inform disease diagnosis, treatment selection, and follow-up care decisions for healthcare providers and patients.
BiotechDigital HealthMedical Devices
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
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
Cindy Smith(Director)Roger Kemble(Director)Yogesh Mago(Director)Steven L.K. Tuttle(Executive Officer, Director)Brian Green(Co-founder, CEO & CSO)Lucy Dr. Shapiro(Director)
QScout Lab provides rapid, on-farm diagnostic tests for livestock producers to detect diseases and guide treatment decisions.
AgTechMedical Devices
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)
Neonatal and pediatric family support technology company
HealthtechNashville, US
Christopher Rand(Executive Officer, Director)Tyler Whitmore(Director)Curtis Lowery(Director)
BoardEmily Rash(Director)Alex Whitmore(Director)Gerard Hayden, Jr.(Director)
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)William Slattery(Director)Howie Furst(Director)Vaughn Bryson(Director)Joseph Cook, Jr.(Director)
HealthtechNashville, US
Richard Bovender(Director)Mike Tudeen(Director)Andrew Lasher(Executive Officer)William Frist(Director)Gene Fleming(Director)Ann Lamont(Director)
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)Nikolaos Mellios(Director, Promoter)
BiotechAlpharetta, US
William Humphries(Director)Gerald Cagle, Ph.D.(Director)Evgeny Zaytsev(Director)Derek Yoon(Director)Christy L. Shaffer, Ph.D.(Director)Charles Deignan(Executive Officer)
Contego Medical develops cardiovascular intervention technologies, founded by an interventional cardiologist inventor.
HealthtechMedical DevicesRaleigh, US
Ravish Sachar(CEO & Founder)Paul Sanders(Chief Operating Officer)Elizabeth K. Saylors(Corporate Secretary)
Nashville, US
David A. Gilbert(Executive Officer, Director)Christopher Rand(Director)Jeff Landman(Director)Michael Burcham(Director)Dan Hogan(Director)Paul Griffin(Executive Officer)
G1 Therapeutics develops cancer therapies focused on improving patient outcomes and quality of life for people with cancer.
BiotechResearch Triangle Park, US
Timothy Sullivan(Director)Peter Kolchinsky(Director)Mark A. Velleca(Executive Officer, Director)Glenn Muir(Director)Gregory Mossinghoff(Executive Officer)Seth Rudnick(Director)
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
Eric Graves(Director)Scott Holmstrom(Executive Officer, Director)Jay Ferguson(Executive Officer)Robin Readnour(Director)Diane Hirakawa(Director)Byron Smith(Director)
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 Fitzgerald(Director)Michael S. Paul(Executive Officer, Director)Fred A. Middleton(Director)Stephen M. Prescott(Director)Mary C. Tanner(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)Andrew Offer(Director)Bo Bartholomew(Director)Tyler Whitmore(Director)Joseph C. Cook III(Director)Patrick Rivelli(Director)
HealthtechDurham, US
Mudit Jain(Director)Douglas Reed(Director)R. Frederick McCoy, Jr.(Executive Officer, Director)
BiotechNashville, US
Vaughn Bryson(Director)Brian Laden(Director)Eric Satz(Director)Michael Zemel(Executive Officer, Director)Joseph C. Cook, Jr.(Executive Officer, Director)Barbara Cannon(Executive Officer)
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
Joel Sussman(Executive Officer)James Barrett(Director)Michael Gutch(Director)Justin Klein(Director)Jonathan Mow(Executive Officer, Director)Asish K. Xavier(Director)
PinkDx develops diagnostic tools focused on gynecologic cancers, aiming to improve the diagnostic workup for conditions such as endometrial cancer.
BiotechDigital HealthFemTechIndianapolis, US
Timothy McMeekan(Director)Joe C Cook, III(Director)Giulia Kennedy(Executive Officer)Isaac Ro(Director)Risa Stack(Director)Eric Wang(Executive Officer)
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
Randall Gonzales(Executive Officer)Richard Johnsonm(Executive Officer)Andrew Katz(Executive Officer)Matthew Beasley(Executive Officer, Director)Byron Smith(Executive Officer, Director)Philip Bredesen(Director)
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
Atsushi Nagahisa(Director)David Rosen(Executive Officer, Director)Robin Readnour(Director)Scott Holmstrom(Director)Lynne 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
Vytelle offers an integrated technology platform for cattle producers to accelerate genetic progress and enable individual animal management.
AgTechBiotechFoodTechSaaSLenexa, US
James (Jim) Shafter(outgoing director)Kerryann Kocher(Executive Officer, Director)Duane Cantrell(outgoing director)Nicole Johnson-Hoffman(Director)Rudy Leemans(Executive Officer)Anthony James(Director)
Exits · 3
IPOs and acquisitions across the tracked portfolioAN2 TherapeuticsNASDAQ: ANTXCastle BiosciencesNASDAQ: CSTLCorcept TherapeuticsNASDAQ: CORT
Portfolio news
latest coverage across their companiesCircular Genomics · finsmes.com · Dec 1, 2025
Frequently asked questions
- 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.
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 a venture capital firm specializing in marketplaces and network-effect businesses, having built a large portfolio of marketplace startups with over 30 becoming unicorns.
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 that invests in startups worldwide and runs programs for founders and investors.
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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