FreshTracks Capital is a venture capital firm founded in 2000 and based in Shelburne, Vermont. It specializes in seed and early-stage investments, focusing on technology-driven companies across various sectors, including consumer products, energy, business software, advanced manufacturing, healthcare, and information technology. The firm primarily targets investments in the United States, particularly in Vermont and surrounding regions in Northern New York State, Massachusetts, and New Hampshire. FreshTracks Capital typically invests between $0.25 million and $2 million in companies with sales between $1 million and $5 million, often partnering with Village Ventures for equity investments. The firm aims to exit its investments through sales to acquirers, recapitalizations, or public offerings, and seeks board representation in its portfolio companies.
Wasted* is a company based in Williston, Vermont, that focuses on transforming human waste into sustainable fertilizers. Founded in 2020, it aims to establish a circular sanitation economy that connects individuals to their local environment while unlocking the value of human waste. The company has developed a technology that effectively separates urine from feces, preserving the nutrients found in both while eliminating the need for chemical additives. This innovative approach enables clients to convert waste into a valuable resource, promoting environmentally friendly waste treatment and disposal practices.
Ogee
Series A in 2023
Ogee, Inc. is a luxury organic skincare brand based in Burlington, Vermont, that specializes in manufacturing and selling a range of skin care products, including lip care, moisturizers, serums, and cleansing products. Committed to organic and sustainable practices, Ogee emphasizes ethical sourcing and the use of high-quality natural ingredients, which are certified organic by NSF. The company integrates American-grown, cold-pressed jojoba oil with innovative skincare science to enhance the effectiveness of its products. Ogee markets its offerings through various retailers and online platforms, catering to consumers seeking skin-friendly and environmentally conscious beauty solutions. Founded in 2014, Ogee continues to uphold its dedication to quality and sustainability in the skincare industry.
Caledonia Spirits
Series C in 2023
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
Ogee
Series A in 2022
Ogee, Inc. is a luxury organic skincare brand based in Burlington, Vermont, that specializes in manufacturing and selling a range of skin care products, including lip care, moisturizers, serums, and cleansing products. Committed to organic and sustainable practices, Ogee emphasizes ethical sourcing and the use of high-quality natural ingredients, which are certified organic by NSF. The company integrates American-grown, cold-pressed jojoba oil with innovative skincare science to enhance the effectiveness of its products. Ogee markets its offerings through various retailers and online platforms, catering to consumers seeking skin-friendly and environmentally conscious beauty solutions. Founded in 2014, Ogee continues to uphold its dedication to quality and sustainability in the skincare industry.
Faraday
Convertible Note in 2022
Faraday, Inc. operates an analytics platform that provides a range of solutions designed to enhance data exploration and predictive capabilities for various sectors, including banking, energy, and education. Its offerings include Audiences, which facilitates visual data exploration; Campaigns, a multichannel outreach solution based on data; Models, which predict key business outcomes; and Teams, a collaboration tool that allows for permission-based data sharing. Additionally, Faraday is recognized for its consumer prediction platform, enabling marketers, developers, and agencies to easily build predictive capabilities without extensive technical knowledge. The Faraday Prediction Cloud integrates data, algorithms, and visualizations, allowing teams to seamlessly incorporate predictive analytics into their existing systems. Founded in 2012 and headquartered in Middlebury, Vermont, Faraday aims to make AI-driven growth accessible to companies of all sizes.
Benchmark Space Systems
Convertible Note in 2022
Benchmark Space Systems, Inc. specializes in the research, design, and manufacture of propulsion systems tailored for small satellite missions. Founded in 2014 and based in South Burlington, Vermont, the company provides integrated spacecraft propulsion systems, mobility subsystems, and orbit transfer products. Its technology supports various applications, including orbit insertion, deorbit, collision avoidance, and life extension. Benchmark Space Systems is focused on the burgeoning small satellite market, projected to reach $30 billion in the next decade, and has developed a low-cost propulsion system using a non-toxic, inert chemical, which enhances safety in transport and storage. The company employs a proprietary resistor jet micro propulsion system that combines thruster, propellant storage, and control hardware into a compact unit, facilitating access to small satellites for businesses, scientists, and universities.
Caledonia Spirits
Series C in 2022
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
SAC Incorporated
Series A in 2022
SAC Incorporated designs, engineers, fabricates and delivers pipe support systems, structural steel, and process piping. The company aims to create value for clients and partners by utilizing innovative construction methods and solutions to challenges in the future, putting the forefront of modern construction means and methods. SAC Incorporated was founded in 1970 and is located in South Burlington, Vermont.
Resonant Link
Seed Round in 2022
Resonant Link LLC, founded in 2017 and based in Shelburne, Vermont, specializes in the development of advanced wireless charging solutions utilizing innovative coil technology. The company's signature product, the multi-layer self-resonant structure (MSRS), enhances the efficiency and performance of wireless power systems. Serving diverse industries including robotics, drones, and electric vehicles, Resonant Link aims to deliver wireless power solutions that are fast, safe, and reliable. By eliminating costly components found in traditional wireless chargers, Resonant Link's technology not only improves efficiency but also reduces the size, weight, and overall cost of charging systems. This enables a wide range of applications, from large industrial vehicles to compact medical devices.
Lost Lantern Whiskey
Convertible Note in 2022
Lost Lantern Whiskey is a brewing company that focuses on wine and spirits. The company was founded by Nora Ganley-Roper and Adam Polonski in 2018 and is headquartered in Weybridge, Vermont, United States.
Faraday
Series A in 2021
Faraday, Inc. operates an analytics platform that provides a range of solutions designed to enhance data exploration and predictive capabilities for various sectors, including banking, energy, and education. Its offerings include Audiences, which facilitates visual data exploration; Campaigns, a multichannel outreach solution based on data; Models, which predict key business outcomes; and Teams, a collaboration tool that allows for permission-based data sharing. Additionally, Faraday is recognized for its consumer prediction platform, enabling marketers, developers, and agencies to easily build predictive capabilities without extensive technical knowledge. The Faraday Prediction Cloud integrates data, algorithms, and visualizations, allowing teams to seamlessly incorporate predictive analytics into their existing systems. Founded in 2012 and headquartered in Middlebury, Vermont, Faraday aims to make AI-driven growth accessible to companies of all sizes.
Caledonia Spirits
Series B in 2019
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
Ogee
Debt Financing in 2019
Ogee, Inc. is a luxury organic skincare brand based in Burlington, Vermont, that specializes in manufacturing and selling a range of skin care products, including lip care, moisturizers, serums, and cleansing products. Committed to organic and sustainable practices, Ogee emphasizes ethical sourcing and the use of high-quality natural ingredients, which are certified organic by NSF. The company integrates American-grown, cold-pressed jojoba oil with innovative skincare science to enhance the effectiveness of its products. Ogee markets its offerings through various retailers and online platforms, catering to consumers seeking skin-friendly and environmentally conscious beauty solutions. Founded in 2014, Ogee continues to uphold its dedication to quality and sustainability in the skincare industry.
Kafina
Debt Financing in 2019
Kafina Energy, based in Burlington, Vermont, produces an innovative organic energy elixir designed to enhance physical energy, mental stamina, and mood. Their product, Kafina®, features a unique blend of ingredients, including fair trade coffee, Schisandra berries, fenugreek seeds, cardamom, and Vermont maple syrup, delivering 11mg of caffeine and only 10 calories per serving. Kafina Energy is committed to utilizing the healing power of plants, creating a beverage free from chemicals and the typical energy crash associated with many conventional energy drinks. The company aims to share its product with a broad audience, promoting a natural alternative for those seeking a revitalizing energy source.
Big Tree Farms
Venture Round in 2019
Big Tree Farms, Inc. is a Vermont-based company that manufactures and distributes a variety of organic food products, including chocolate, coconut sugar, coconut nectar, and cold processed nutrition derived from whole plants. Founded in 2000, the company collaborates with over 13,000 small farmers in Bali and Indonesia to create transparent and socially equitable supply chains. This approach allows Big Tree Farms to provide a range of offerings such as organic seasoning sauces, marinades, and alternatives to coconut water, while promoting sustainable farming practices. The company emphasizes environmental stewardship through its harvesting methods, which are designed to protect soil health and tree vitality. Products are made available to consumers through various retail channels and online platforms.
ThinkMD
Debt Financing in 2019
THINKMD, Inc. is a company that develops a point-of-care clinical assessment tool aimed at enhancing healthcare delivery, particularly in community settings. Founded in 2014 and based in Charlotte, Vermont, THINKMD offers MEDSINC, a tool designed for gathering patient information, assessing illness severity, and providing approved triage and treatment recommendations. This technology empowers non-healthcare professionals to perform clinical assessments, thereby decentralizing healthcare delivery and improving access to care. THINKMD's platform integrates clinical knowledge with mobile technology, utilizing Bayesian algorithms to improve decision-making. Additionally, the software facilitates the collection and analysis of public health data, aiming to enhance clinical outcomes and healthcare management on a global scale.
Ogee
Debt Financing in 2019
Ogee, Inc. is a luxury organic skincare brand based in Burlington, Vermont, that specializes in manufacturing and selling a range of skin care products, including lip care, moisturizers, serums, and cleansing products. Committed to organic and sustainable practices, Ogee emphasizes ethical sourcing and the use of high-quality natural ingredients, which are certified organic by NSF. The company integrates American-grown, cold-pressed jojoba oil with innovative skincare science to enhance the effectiveness of its products. Ogee markets its offerings through various retailers and online platforms, catering to consumers seeking skin-friendly and environmentally conscious beauty solutions. Founded in 2014, Ogee continues to uphold its dedication to quality and sustainability in the skincare industry.
Benchmark Space Systems
Seed Round in 2018
Benchmark Space Systems, Inc. specializes in the research, design, and manufacture of propulsion systems tailored for small satellite missions. Founded in 2014 and based in South Burlington, Vermont, the company provides integrated spacecraft propulsion systems, mobility subsystems, and orbit transfer products. Its technology supports various applications, including orbit insertion, deorbit, collision avoidance, and life extension. Benchmark Space Systems is focused on the burgeoning small satellite market, projected to reach $30 billion in the next decade, and has developed a low-cost propulsion system using a non-toxic, inert chemical, which enhances safety in transport and storage. The company employs a proprietary resistor jet micro propulsion system that combines thruster, propellant storage, and control hardware into a compact unit, facilitating access to small satellites for businesses, scientists, and universities.
SunCommon
Series C in 2018
SunCommon offers affordable Vermont solar at no upfront cost and a low monthly payment. It was founded in 2012 and is based in Waterbury Center, Vermont.
Benchmark Space Systems
Debt Financing in 2018
Benchmark Space Systems, Inc. specializes in the research, design, and manufacture of propulsion systems tailored for small satellite missions. Founded in 2014 and based in South Burlington, Vermont, the company provides integrated spacecraft propulsion systems, mobility subsystems, and orbit transfer products. Its technology supports various applications, including orbit insertion, deorbit, collision avoidance, and life extension. Benchmark Space Systems is focused on the burgeoning small satellite market, projected to reach $30 billion in the next decade, and has developed a low-cost propulsion system using a non-toxic, inert chemical, which enhances safety in transport and storage. The company employs a proprietary resistor jet micro propulsion system that combines thruster, propellant storage, and control hardware into a compact unit, facilitating access to small satellites for businesses, scientists, and universities.
Image Relay
Seed Round in 2018
Image Relay, Inc. is a provider of cloud-based digital asset management software, established in 2002 and headquartered in Burlington, Vermont. The company offers a user-friendly platform that enables brands to curate, control, and communicate their various assets securely from a centralized location. Its software facilitates the management of digital assets by allowing users to store, retrieve, and share files while also providing features to track previous versions and maintain updated copies. With capabilities for organizing assets using folder structures and advanced search functionalities, Image Relay helps clients efficiently catalog and analyze their digital content.
Faraday
Series A in 2018
Faraday, Inc. operates an analytics platform that provides a range of solutions designed to enhance data exploration and predictive capabilities for various sectors, including banking, energy, and education. Its offerings include Audiences, which facilitates visual data exploration; Campaigns, a multichannel outreach solution based on data; Models, which predict key business outcomes; and Teams, a collaboration tool that allows for permission-based data sharing. Additionally, Faraday is recognized for its consumer prediction platform, enabling marketers, developers, and agencies to easily build predictive capabilities without extensive technical knowledge. The Faraday Prediction Cloud integrates data, algorithms, and visualizations, allowing teams to seamlessly incorporate predictive analytics into their existing systems. Founded in 2012 and headquartered in Middlebury, Vermont, Faraday aims to make AI-driven growth accessible to companies of all sizes.
Mamava
Seed Round in 2018
Mamava, Inc. is a company based in Burlington, Vermont, that specializes in manufacturing lactation stations and pods designed for nursing mothers. Founded in 2013, Mamava aims to transform the culture of breastfeeding by creating a more accommodating and inviting environment for mothers. The company's freestanding lactation suites provide a comfortable and private space for mothers to pump or nurse when they are away from home or at work. These pods have been installed in various locations, including airports, stadiums, convention centers, hospitals, and schools, to enhance access for breastfeeding parents. By addressing the barriers that nursing mothers face, Mamava promotes equitable access to necessary breastfeeding infrastructure, enabling mothers to meet their needs wherever they are.
Caledonia Spirits
Series A in 2017
Caledonia Spirits operates a craft distillery firm created to support working landscapes and local agriculture. The distillery produces the Bar Hill Gin, Tom Cat Gin, and Barr Hill Vodka, all of which feature raw honey and other ingredients including grains sourced as locally and as organically as possible. The purpose of Caledonia Spirits is to add value to the work of the people of Vermont, including those growing grains, herbs, medicinal plants, and honey, and to support and encourage the organic production of plants and honey in Vermont and surrounding regions, and to provide employment and contribute to the health, spiritual, economic, and social well-being of the community, and honor the traditions of Vermont, Scotland, France, Quebec, and other agricultural communities that inspire its formulations. The Hardwick, Vermont-based distillery was founded in 2012 by Todd Hardie.
Ogee
Seed Round in 2017
Ogee, Inc. is a luxury organic skincare brand based in Burlington, Vermont, that specializes in manufacturing and selling a range of skin care products, including lip care, moisturizers, serums, and cleansing products. Committed to organic and sustainable practices, Ogee emphasizes ethical sourcing and the use of high-quality natural ingredients, which are certified organic by NSF. The company integrates American-grown, cold-pressed jojoba oil with innovative skincare science to enhance the effectiveness of its products. Ogee markets its offerings through various retailers and online platforms, catering to consumers seeking skin-friendly and environmentally conscious beauty solutions. Founded in 2014, Ogee continues to uphold its dedication to quality and sustainability in the skincare industry.
ThinkMD
Venture Round in 2017
THINKMD, Inc. is a company that develops a point-of-care clinical assessment tool aimed at enhancing healthcare delivery, particularly in community settings. Founded in 2014 and based in Charlotte, Vermont, THINKMD offers MEDSINC, a tool designed for gathering patient information, assessing illness severity, and providing approved triage and treatment recommendations. This technology empowers non-healthcare professionals to perform clinical assessments, thereby decentralizing healthcare delivery and improving access to care. THINKMD's platform integrates clinical knowledge with mobile technology, utilizing Bayesian algorithms to improve decision-making. Additionally, the software facilitates the collection and analysis of public health data, aiming to enhance clinical outcomes and healthcare management on a global scale.
Mamava
Debt Financing in 2016
Mamava, Inc. is a company based in Burlington, Vermont, that specializes in manufacturing lactation stations and pods designed for nursing mothers. Founded in 2013, Mamava aims to transform the culture of breastfeeding by creating a more accommodating and inviting environment for mothers. The company's freestanding lactation suites provide a comfortable and private space for mothers to pump or nurse when they are away from home or at work. These pods have been installed in various locations, including airports, stadiums, convention centers, hospitals, and schools, to enhance access for breastfeeding parents. By addressing the barriers that nursing mothers face, Mamava promotes equitable access to necessary breastfeeding infrastructure, enabling mothers to meet their needs wherever they are.
Social Sentinel
Series A in 2016
Social Sentinel combines a passion for safety and security, an understanding of human communication, and a relentless dedication to the invention, to create solutions that improve the safety, security, and vibrancy of their communities. It was incorporated in 2013 and is headquartered in Burlington, Vermont.
Moscow Mills
Convertible Note in 2014
Moscow Mills is a manufacturer and provider of mechanical engineering services. It is an engineering and manufacturing firm providing mechanical engineering services and high-precision component production for the R&D, prototype, and short-run markets. Moscow Mills was founded in 1996 and is headquartered in Stowe, Vermont.
SunCommon
Series B in 2014
SunCommon offers affordable Vermont solar at no upfront cost and a low monthly payment. It was founded in 2012 and is based in Waterbury Center, Vermont.
Faraday
Series A in 2014
Faraday, Inc. operates an analytics platform that provides a range of solutions designed to enhance data exploration and predictive capabilities for various sectors, including banking, energy, and education. Its offerings include Audiences, which facilitates visual data exploration; Campaigns, a multichannel outreach solution based on data; Models, which predict key business outcomes; and Teams, a collaboration tool that allows for permission-based data sharing. Additionally, Faraday is recognized for its consumer prediction platform, enabling marketers, developers, and agencies to easily build predictive capabilities without extensive technical knowledge. The Faraday Prediction Cloud integrates data, algorithms, and visualizations, allowing teams to seamlessly incorporate predictive analytics into their existing systems. Founded in 2012 and headquartered in Middlebury, Vermont, Faraday aims to make AI-driven growth accessible to companies of all sizes.
Vermont Teddy Bear
Venture Round in 2005
Vermont Teddy Bear is a manufacturer and distributor of artisan-crafted teddy bears, founded over thirty-five years ago when the founder began making bears in a garage. The company specializes in creating personalized gift products, including teddy bears, pajamas, and floral arrangements suitable for various occasions such as birthdays, weddings, and anniversaries. Each bear is meticulously designed and handcrafted, with a lifetime guarantee, making them cherished keepsakes and beloved family members. Vermont Teddy Bears serve as perfect gifts for individuals of all ages, from children to adults, and are suitable for a wide range of celebrations, including holidays and new births.
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