FreshTracks Capital

Founded in 2000, FreshTracks Capital is a Vermont-based venture capital firm specializing in early-stage investments. It focuses on technology-driven companies across various sectors, with a preference for software and energy technologies. The firm invests primarily in the northeastern United States, targeting companies with sales between $1 million and $5 million. FreshTracks seeks board representation and typically exits through acquisitions.

Lee Bouyea

Managing Director

Cairn Cross

Co-Founder

Timothy Davis

Managing Director

T.J. Whalen

General Partner and Managing Director

Past deals in Spirits

Caledonia Spirits

Series C in 2023
Founded in Vermont in 2012, Caledonia Spirits is a craft distillery dedicated to supporting local agriculture. It produces gin and vodka using locally sourced ingredients like grains and honey, aiming to add value to the work of Vermont farmers while honoring traditional spirits-making techniques.

Caledonia Spirits

Series C in 2022
Founded in Vermont in 2012, Caledonia Spirits is a craft distillery dedicated to supporting local agriculture. It produces gin and vodka using locally sourced ingredients like grains and honey, aiming to add value to the work of Vermont farmers while honoring traditional spirits-making techniques.

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.

Caledonia Spirits

Series B in 2019
Founded in Vermont in 2012, Caledonia Spirits is a craft distillery dedicated to supporting local agriculture. It produces gin and vodka using locally sourced ingredients like grains and honey, aiming to add value to the work of Vermont farmers while honoring traditional spirits-making techniques.

Caledonia Spirits

Series A in 2017
Founded in Vermont in 2012, Caledonia Spirits is a craft distillery dedicated to supporting local agriculture. It produces gin and vodka using locally sourced ingredients like grains and honey, aiming to add value to the work of Vermont farmers while honoring traditional spirits-making techniques.
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