.406 Ventures

Boston-based venture capital firm founded in 2005 that focuses on early-stage and select growth investments in information technology and related services. The firm backs enterprise IT companies, emphasizing information security, cloud infrastructure, data analytics, and software-as-a-service models, as well as technology-enabled business services and digital health, and it also targets healthcare IT, fintech, mobile software, and next-generation software. It prefers open source and SaaS delivery. Typically investing initial rounds of 2 to 5 million and totaling 6 to 10 million per company, it seeks board representation and often serves as lead or first institutional investor, with minority to majority stakes ranging from 20 to 80 percent. The firm reserves capital for opportunistic investments in more mature companies where its team has prior experience and focuses on opportunities in the Northeast United States.

Graham Brooks

Partner

Maria Cirino

Managing Partner

Payal Agrawal Divakaran

Partner

Liam Donohue

Managing Partner

Greg Dracon

Partner

Past deals in New Hampshire

Better Life Partners

Series B in 2023
Better Life Partners Inc. is a healthcare company based in Hanover, New Hampshire, dedicated to providing comprehensive support for individuals struggling with opioid use disorder in the United States. Established in 2018, the company offers a range of services, including medication-assisted treatment, counseling, peer coaching, and group sessions. Better Life Partners focuses on delivering personalized healthcare to vulnerable populations, utilizing technology to create customizable care plans that ensure effective and reliable service delivery. By integrating medical and behavioral healthcare, the company addresses the needs of those affected by addiction, facilitating their recovery through a combination of telehealth, community-based support, and innovative care approaches. With additional offices across New Hampshire, Better Life Partners aims to make a meaningful impact on the lives of individuals seeking to overcome substance abuse challenges.

Better Life Partners

Venture Round in 2019
Better Life Partners Inc. is a healthcare company based in Hanover, New Hampshire, dedicated to providing comprehensive support for individuals struggling with opioid use disorder in the United States. Established in 2018, the company offers a range of services, including medication-assisted treatment, counseling, peer coaching, and group sessions. Better Life Partners focuses on delivering personalized healthcare to vulnerable populations, utilizing technology to create customizable care plans that ensure effective and reliable service delivery. By integrating medical and behavioral healthcare, the company addresses the needs of those affected by addiction, facilitating their recovery through a combination of telehealth, community-based support, and innovative care approaches. With additional offices across New Hampshire, Better Life Partners aims to make a meaningful impact on the lives of individuals seeking to overcome substance abuse challenges.

WoodPellets.com

Series B in 2009
WoodPellets.com, LLC is a retailer of wood pellets and related biomass products, established in 2006 and headquartered in Bedford, New Hampshire. Formerly known as PelletSales.com, the company specializes in offering a diverse range of products including wood bricks, wood fibers, Douglas fir pellets, hardwood and softwood pellets, pines, and animal bedding pellets. As a subsidiary of American Biomass Distribution, WoodPellets.com aims to provide clean and affordable energy solutions through its retail and distribution services. The company emphasizes efficient logistics, focusing on minimizing transportation costs, which can comprise a significant portion of the overall expense of wood pellets. Their delivery services extend from Maine to Maryland for home deliveries and coast-to-coast for truckload orders, facilitating access to eco-friendly heating fuel while promoting the reduction of carbon emissions and reliance on fossil fuels.

WoodPellets.com

Series A in 2008
WoodPellets.com, LLC is a retailer of wood pellets and related biomass products, established in 2006 and headquartered in Bedford, New Hampshire. Formerly known as PelletSales.com, the company specializes in offering a diverse range of products including wood bricks, wood fibers, Douglas fir pellets, hardwood and softwood pellets, pines, and animal bedding pellets. As a subsidiary of American Biomass Distribution, WoodPellets.com aims to provide clean and affordable energy solutions through its retail and distribution services. The company emphasizes efficient logistics, focusing on minimizing transportation costs, which can comprise a significant portion of the overall expense of wood pellets. Their delivery services extend from Maine to Maryland for home deliveries and coast-to-coast for truckload orders, facilitating access to eco-friendly heating fuel while promoting the reduction of carbon emissions and reliance on fossil fuels.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.