North Atlantic Capital
Growth equityPortland Β· GrowthβLate Stage Β· 9 people tracked
Investment thesis
The fund targets Tier 2, 3, and 4 aerospace and defense manufacturing suppliers with established operations and breakeven to $10 million EBITDA seeking to adopt additive and advanced manufacturing. It provides patient capital through debt, equity, and warrant structures to facilitate the implementation of full-value-chain advanced manufacturing capabilities, enabling suppliers to deliver quality-approved parts for the defense industrial base and expand commercial aerospace capabilities.
Source: firm website, verified Jul 21, 2026.
Team Β· 9 people
from the firm's websiteDavid Coit co-founded North Atlantic Capital in 1986 and has over 42 years of experience investing in private companies. Before co-founding the firm, he served as President of Maine Capital Corporation and as a commercial loan officer at First National Bank of Boston. He holds a BA from Yale University and an MBA from Harvard Business School, and previously served as an officer in the United States Navy.
What they invest in
from 8 of 56 portfolio companiesEnterprise Software Γ4AI & Machine Learning Γ3Cloud Computing Γ3SaaS Γ3Cybersecurity Γ2Marketing Tech Γ2AdTech Γ1Data & Infrastructure Γ1
HQs:United StatesΓ3
Investments Β· 56 tracked
founders shown can be your intro pathAutotask is an AI-powered business operating system for IT service delivery that provides ticket triage, endpoint management, backup, and professional services automation for IT teams and managed service providers. The platform includes RMM (remote monitoring and management), backup solutions, and service automation tools designed for managing on-premises, cloud, and SaaS environments.
CybersecurityEnterprise SoftwareSaaS
Blue Ridge Networks provides cybersecurity solutions for protecting critical infrastructure and enterprises against data theft and quantum threats. The company serves utilities, healthcare, government agencies, financial institutions, and retail organizations with products including LinkGuard and AppGuard for zero-trust network security.
CybersecurityDefense Tech
IBM is a multinational technology company offering enterprise software, AI, hybrid cloud, automation, and data solutions to support business transformation across various industries.
AI & Machine LearningCloud ComputingEnterprise Software
Verizon is a telecommunications company that provides wireless services and connectivity solutions to consumers and businesses. The company focuses on digital inclusion, workforce development, disaster resilience, and community programs.
Cloud ComputingEnterprise SoftwareNew York, US
InMarket provides a real-time marketing and measurement platform that helps brands reach consumers at the right moment and place across digital and physical channels to drive measurable business outcomes. The platform enables advertisers to understand consumer intent and commerce journeys to deliver personalized omnichannel experiences.
AdTechAI & Machine LearningMarketing TechRetail Tech
Todd Dipaola(Chief Executive Officer, Co-Founder & Executive Chairman)Mark Dipaola(Co-Founder)
All-digital aerospace component manufacturer
Location powered mobile advertising
Chartbeat provides real-time content intelligence and analytics tools for digital publishers, newsrooms, and media organizations to optimize editorial decisions and monetize content. The platform combines editorial analytics with ad operations technology to help publishers understand audience behavior and convert attention into revenue.
Marketing TechMedia & EntertainmentSaaS
Zayo provides network infrastructure and services, with 2024 investments focused on network expansion and service excellence.
Cloud ComputingData & InfrastructureEnterprise SoftwareBoulder, US
Frequently asked questions
- What stage does North Atlantic Capital invest at?
- North Atlantic Capital invests at the Growth, Late Stage stages.
- What is North Atlantic Capital's typical check size?
- North Atlantic Capital typically writes checks of $3M β $12M.
- What sectors does North Atlantic Capital focus on?
- North Atlantic Capital focuses on Advanced Manufacturing, Defense Tech.
- Where is North Atlantic Capital located?
- North Atlantic Capital is headquartered in Portland, US.
- Does North Atlantic Capital lead rounds?
- North Atlantic Capital typically participates in rounds rather than leading them.
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