North Atlantic Capital
Growth equityPortland · Growth–Late Stage · 9 people tracked
Investment thesis
North Atlantic Capital focuses on providing growth capital to innovative technology companies, operating a set of managed venture funds. The firm targets later-stage technology businesses seeking expansion financing.
Source: firm website, verified Aug 3, 2026.
Team · 9 people
from the firm's website
What they invest in
from 44 of 56 portfolio companiesSaaS ×16Enterprise Software ×14Hardware ×10AI & Machine Learning ×8Advanced Manufacturing ×7Cloud Computing ×7Marketing Tech ×6Consumer ×5
HQs:United States×21Italy×1
Investments · 56 tracked
founders shown can be your intro pathBy year:2022 · 12021 · 12016 · 12015 · 36 dated
Concentrix provides technology, services, and AI-driven solutions to design, build, and run operations for large enterprises, spanning strategy and design, data and analytics, enterprise technology, and digital operations.
AI & Machine LearningEnterprise SoftwareFuture of Work
Novanta develops embedded technologies, photonics, precision motion, and medical solutions for original equipment manufacturers in healthcare and advanced manufacturing.
HardwareMedical DevicesRobotics
WEX provides business payment solutions, including corporate payments, mobility/fleet payments, and employee benefits offerings.
Enterprise SoftwareFintechMobility & TransportationSaaSSouth Portland, US
Melissa D. Smith(Executive Officer, Director)Michael D. Dubyak(Director)Roberto Simon(Executive Officer)Jeff Young(Executive Officer)George L. McTavish(Director)Ronald T. Maheu(Director)
Co-investorsAdvection Growth CapitalGenstar
LendKey operates an online lending platform that connects borrowers with credit unions and community banks for private student loans, auto loans, and personal loans.
B2B MarketplacesFintechMarketplacesSaaSNew York, US
Vincent Passione(Executive Officer, Director)Vince Passione(CEO & Founder)inAnoop Thyagarajan(Co-founder, Platform Engineering, Information and Data Security, and Infrastructure)in
BoardJosh Stein(Director)Carter Griffin(Director)inDanny Schultz(Director)
Co-investorsGotham VenturesStifel Financial CorpThreshold VenturesUpdata PartnersZelkova VenturesTTV Capital
Boston, US
Eric Bosco(Executive Officer, Director)Mark J. Gallagher(Executive Officer)Stephen G. Johnson(Executive Officer, Director)
BoardAlbert K. Hoover(Director)Daniel C. Chung(Director)
Board seatDavid M. Coit· per SEC Form D · $14.3M raise · filed Sep 2015
Atlanta, US
Wayne Hunter(Director)Allen Nance(Executive Officer, Director)
BoardDavid Coit(Director)
Board seatDavid M. Coit· per SEC Form D · $1M raise · filed Dec 2022
DT operates a mobile growth platform that connects advertisers, app developers, and device partners to drive app installs, user acquisition, and monetization across the mobile ecosystem.
AdTechAI & Machine LearningMarketing Tech
Aspect provides workforce management software for contact centers, offering forecasting, scheduling, intraday management, and adherence tracking, plus an AI product (Aspect Intelligence) that anticipates risk and automatically adjusts schedules.
AI & Machine LearningHR TechSaaS
Co-investorsDIMENSIONGovernment of CanadaInBC Investment Corp.Pangaea VenturesRadical VenturesRhino Ventures+1 more
Astadia provides mainframe modernization services, migrating legacy in-house developed mainframe applications and databases to the cloud through automated refactoring and replatforming.
Cloud ComputingEnterprise SoftwareSaaS
Co-investorsDot Capital
Autotask 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.
CybersecurityEnterprise SoftwareSaaS
Co-investorsJMI Equity
Co-investorsAtlanta Technology AngelsDraper AssociatesJMI EquityNorwest Venture PartnersOak Investment PartnersPartners for Growth+2 more
BEPeterson is a custom metal fabrication and contract manufacturing company specializing in heavy-gauge metal parts, ASME-code pressure vessels, tanks, vacuum equipment, and skids, with engineering, design, and project management services.
Advanced ManufacturingHardwareNew MaterialsAvon, US
Regis Coyne(Director)Richard Daigle(Director)Steven Dasaro(Executive Officer, Director)Terence Moore(Executive Officer, Director)
Blue Ridge Networks provides cybersecurity products that protect network connections and data across multiple devices and locations, with a focus on zero trust architecture and quantum-resilient data protection.
CybersecurityEnterprise SoftwareQuantum Computing
John Higginbotham(Chairman & CEO)
Co-investorsIronGate Capital Advisors
Chartbeat provides real-time content intelligence and analytics tools for digital publishers, newsrooms, and media organizations to optimize editorial decisions and monetize content.
Marketing TechMedia & EntertainmentSaaSNew York, US
Tony Haile(Executive Officer, Director)John Saroff(Executive Officer)Antonia Abraham(Executive Officer, Director)
BoardSaul Klein(Director)Andrew McLaughlin(Director)Josh Stein(Director)
Co-investorsBetaworksFounder CollectiveHarmony PartnersLerer HippeauThreshold VenturesUncork Capital+1 more
Verizon is a telecommunications company that provides wireless services and connectivity solutions to consumers and businesses.
Cloud ComputingEnterprise SoftwareNew York, US
Co-investorsMatrixNorwest Venture PartnersAtlas Venture
Modern Materials Handling (mmh.com) is a trade media outlet publishing news and analysis on warehouse automation, materials handling equipment, logistics, and supply chain operations.
Logistics & Supply ChainMedia & Entertainment
Earth's Best makes organic, non-GMO baby food and infant formula for infants and young children starting solids.
ConsumerDirect to ConsumerFoodTech
Ellevation offers software for English Language Development (ELD) programs, combining student data, benchmark assessments, and research-based instructional strategies to help school districts manage EL programs and track student progress.
Data & InfrastructureEdTechSaaSBoston, US
Edward Rice(Executive Officer, Director, Promoter)Jordan Meranus(Executive Officer, Director, Promoter)
BoardBrad Powell(Director)Jennifer Carolan(Director)Chris Gabrieli(Director)
Co-investorsLumos Capital GroupRethink Capital Partners
Elmet Technologies is a fully integrated US manufacturer of pure tungsten and molybdenum (and related alloys such as TZM, MoLa, HCT, and tungsten heavy alloy) flat and long products, including rod, sheet, plate, foil, wire, fasteners, and fragmentation parts like cubes and spheres.
Advanced ManufacturingHardwareNew MaterialsLewiston, US
Engineered Products Group (EPG), a division of Dakota Fluid Power, is an OEM that engineers, builds, and tests complete fluid power systems, offering both custom and manufactured products such as coolers, air panels, and truck tanks.
Advanced ManufacturingHardwareWest Fargo, US
iContact is an email marketing software platform for small businesses, offering campaign creation via a drag-and-drop builder, an AI content assistant, contact management and segmentation, templates, and real-time analytics.
AI & Machine LearningMarketing TechSaaS
Co-investorsW Capital Partners
IDEXX provides diagnostic products and services for veterinary medicine, including reference laboratory testing, point-of-care analyzers such as the inVue Dx, and practice management software.
HardwareHealthtechMedical Devices
Co-investorsVenrock
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.
AdTechAI & Machine LearningMarketing TechRetail TechCulver City, US
Todd Dipaola(Chief Executive Officer, Co-Founder & Executive Chairman)inMark Dipaola(Co-Founder)Jason Knapp(Chief Legal and Privacy Officer)Deniece Kennedy(Chief Financial Officer)Mike Don(Chief Operating Officer)
Co-investorsComcast VenturesMultiplier Capital
Co-investorsSignalFire
LumiraDx develops rapid point-of-care diagnostic tests run on its microfluidic immunofluorescence platform, including a SARS-CoV-2 antigen test that detects the virus from nasal and nasopharyngeal swab samples in about 12 minutes.
Digital HealthHealthtechMedical DevicesLondon
Jerry McAleer(Executive Officer, Director)Nigel Lindner(Executive Officer)Ron Zwanziger(Executive Officer, Director)David Walton(Executive Officer)Sumit Nagpal(Executive Officer)Peter Welch(Executive Officer)
Co-investorsBantam Group
Celera Motion (part of Novanta) designs precision motion control components including servo drives, encoders, frameless and stepper motors, and air bearing spindles for industrial automation and medical applications.
Advanced ManufacturingHardwareRobotics
Microline Surgical makes laparoscopic surgical instruments built on a "reposable" platform intended to lower the environmental impact and total cost of ownership of surgical tray sets.
HardwareHealthtechMedical Devices
IBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services.
AI & Machine LearningCloud ComputingEnterprise SoftwareQuantum ComputingArmonk, US
Jit Saxena(Founder)Arvind Krishna(Chairman, President and CEO)
Co-investorsBantam GroupBessemer Venture PartnersCRV (Charles River Ventures)DCM VenturesKleiner PerkinsMatrix+3 more
Suzy provides consumer research and insights that sales teams at consumer brands use to prepare for retail buyer meetings, helping them secure retail partners, win shelf space, and defend against delistings.
ConsumerData & InfrastructureMarketing TechSaaSSales Tech
Matt Britton(Founder)in
Co-investorsFoundryH.I.G. CapitalH.I.G. Growth PartnersRho Capital Partners
BOXX Modular (formerly Vanguard Modular Building Systems and MPA Systems) rents, leases, and sells modular buildings including mobile offices, classrooms, specialty structures, and bank/credit union facilities.
Construction TechPropTech
Storyblocks operates a subscription-based stock media library of over 6 million human-made video clips, audio, sound effects, and templates for creators and video producers.
Creator EconomyMedia & EntertainmentSaaS
Co-investorsUpdata Partners
Synacor provides cloud-based software and services for video, internet, and communications providers, device manufacturers, governments, and enterprises.
Cloud ComputingCybersecurityEnterprise SoftwareMedia & EntertainmentSaaSBuffalo, US
William J. Stuart(Executive Officer)Himesh Bhise(Executive Officer, Director)Drake Harvey(Chief Executive Officer (CEO))Ira Berger(Chief Finance Officer (CFO))Anthony Chadd(Chief Revenue Officer (CRO), Zimbra)Bret Cunningham(Chief Product Officer (CPO))
Co-investorsCarbide Ventures
System Logistics designs and builds intralogistics systems including automated storage and retrieval systems (AS/RS), picking solutions, automated guided vehicles, material handling equipment, and warehouse management software.
Advanced ManufacturingLogistics & Supply ChainRobotics
Tangoe provides an AI-powered platform and services for IT technology expense and asset management, helping businesses track and reduce their telecom, mobile, and cloud costs.
Cloud ComputingEnterprise SoftwareSaaS
Co-investorsMarlin Equity Partners
Hinckley builds luxury Downeast-style yachts and provides maintenance, repair, and refit services for boats of all makes through its Hinckley Yacht Services yards.
Advanced ManufacturingConsumer
Location powered mobile advertising
Vanguard Modular Building Systems, now operating as BOXX Modular, rents, leases, and sells modular buildings including mobile offices, office complexes, classrooms, specialty structures, and bank/credit union facilities.
Construction TechPropTech
BlueParrott makes wireless Bluetooth headsets with noise-cancelling microphones and active noise cancellation designed for high-noise environments.
ConsumerHardware
Co-investorsVicente Capital Partners
Wasabi provides low-cost cloud object storage for businesses storing data such as backups, medical images, surveillance footage, financial records, and multimedia.
Cloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareBoston, US
David Friend(Co-founder)Jeff Flowers(Co-founder)
Co-investorsAlumni VenturesBasecamp FundBoston Harbor AngelsBrightstone Venture CapitalEnergy Impact PartnersProsperity7 Ventures+1 more
Zayo provides network infrastructure and services, with 2024 investments focused on network expansion and service excellence.
Cloud ComputingData & InfrastructureEnterprise SoftwareBoulder, US
Dan Caruso(Founder)in
Co-investorsBattery VenturesCaruso VenturesCharlesbank Capital PartnersColumbia CapitalOak Investment Partners
Zignal Labs provides an intelligence platform using analyst-directed agentic workflows to surface emerging risks to people, facilities, and operational conditions.
AI & Machine LearningDefense TechGovTechSan Francisco, US
ANDREW BALLARD(Director)JOSHUA GINSBERG(Executive Officer, Director)MITCHELL COHEN(Director)JAMES HORNTHAL(Executive Officer, Director)ADAM BEAUGH(Executive Officer, Director)
Co-investorsBaruch Future Ventures
Zmags (now Fastr) provides an AI-native digital experience platform for e-commerce teams to design, launch, test, and personalize web experiences without coding, along with conversion optimization, payments, and subscription management tools.
AI & Machine LearningE-commerceSaaSBoston, US
Zachary Torman(Executive Officer, Director)Imad Mouline(Director)Jaime Ellertson(Director)David Powell(Executive Officer, Director)Yuan Cheng(Director)Laura Bordewieck Rippy(Director)
Co-investorsGoresOpenView Venture PartnersTIMIA Capital
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 5
IPOs and acquisitions across the tracked portfolioConcentrixNASDAQ: CNXCGeneral DynamicsNYSE: GDNovantaNASDAQ: NOVTWEX, Inc.NYSE: WEXMicroE Systems, Inc.acq. by Novanta
Portfolio news
latest coverage across their companies
Boost · executivebiz.com · Aug 20, 2026
Casella · simplywall.st · Aug 19, 2026
The Hinckley Company · yachting-pages.com · Jul 23, 2026
Netezza · pulse2.com · Jul 18, 2026
Zayo Group · zayo.com · Apr 24, 2026
Aspect · pharmaceutical-technology.com · Apr 6, 2026
Autotask, Inc. · datto.com · Dec 29, 2025
Frequently asked questions
- How many investments has North Atlantic Capital made?
- North Atlantic Capital has 53 tracked investments, 1 of which have exited via acquisition or IPO.
- 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 – $12M.
- What sectors does North Atlantic Capital focus on?
- North Atlantic Capital focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Defense Tech, Hardware, New Materials.
- 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.
- Who does North Atlantic Capital co-invest with?
- North Atlantic Capital most often shares deals with Norwest Venture Partners, Bantam Group, JMI Equity, among 65 tracked co-investors.
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