Mountain Group Capital, LLC is a venture capital and private equity firm founded in 2002 and based in Nashville, Tennessee. The firm specializes in seed, early-stage, venture equity, buyouts, growth capital, and later-stage investments, primarily targeting the life sciences, animal health, and technology sectors. Within life sciences, it emphasizes MedTech, medical devices, diagnostics, nutraceuticals, and expedited drug development. In the animal health sector, the firm focuses on technologies that enhance companion animal health and agricultural practices. Mountain Group Capital also invests in disruptive technologies that feature innovative business models with manageable development risk and a swift path to market. The firm seeks investment opportunities in North America, particularly in the Southeastern United States and Tennessee, typically targeting companies with revenues between $1 million and $50 million. It generally prefers to acquire minority interests in venture capital investments while aiming for controlling interests in buyout transactions.
Silicon Ranch Corporation is a developer, owner, and operator of utility-scale solar power projects, headquartered in Nashville, Tennessee. Founded in 2010, the company focuses on creating cost-effective solar energy solutions for a diverse range of clients, including utilities, military facilities, and various industrial and commercial businesses. Silicon Ranch is committed to long-term ownership of its projects, ensuring ongoing support and performance accountability to its partners and the communities it serves. In addition to its solar installations, which include facilities in Georgia and Tennessee, the company also operates a regional energy-training center that provides training in solar installation, maintenance, and weatherization. This comprehensive approach not only promotes the adoption of renewable energy but also contributes to local economic development and job creation.
Silicon Ranch
Private Equity Round in 2022
Silicon Ranch Corporation is a developer, owner, and operator of utility-scale solar power projects, headquartered in Nashville, Tennessee. Founded in 2010, the company focuses on creating cost-effective solar energy solutions for a diverse range of clients, including utilities, military facilities, and various industrial and commercial businesses. Silicon Ranch is committed to long-term ownership of its projects, ensuring ongoing support and performance accountability to its partners and the communities it serves. In addition to its solar installations, which include facilities in Georgia and Tennessee, the company also operates a regional energy-training center that provides training in solar installation, maintenance, and weatherization. This comprehensive approach not only promotes the adoption of renewable energy but also contributes to local economic development and job creation.
Silicon Ranch
Funding Round in 2020
Silicon Ranch Corporation is a developer, owner, and operator of utility-scale solar power projects, headquartered in Nashville, Tennessee. Founded in 2010, the company focuses on creating cost-effective solar energy solutions for a diverse range of clients, including utilities, military facilities, and various industrial and commercial businesses. Silicon Ranch is committed to long-term ownership of its projects, ensuring ongoing support and performance accountability to its partners and the communities it serves. In addition to its solar installations, which include facilities in Georgia and Tennessee, the company also operates a regional energy-training center that provides training in solar installation, maintenance, and weatherization. This comprehensive approach not only promotes the adoption of renewable energy but also contributes to local economic development and job creation.
Restore Medical Solutions
Series A in 2015
Restore Medical Solutions is a medical device company focusing on products and techniques that promote SSI reduction, safety, and productivity within healthcare. The company manufactures a sterilization tray system that reduces the risk of infection from contaminated medical instruments. Its modular sterilization tray systems reduce the potential risk of infection from contaminated instruments and enable surgical departments to improve the quality of care while reducing cost. Founded in 2012, Restore Medical Solutions is headquartered in Memphis, Tennessee.
Nusirt
Series C in 2015
NuSirt Sciences, Inc. is a biotechnology company dedicated to developing innovative treatments for metabolic diseases related to over-nutrition, such as obesity and type 2 diabetes. The company has created a unique technology platform that combines natural compounds with pharmaceutical agents to activate sirtuin pathways, aiming to prevent and treat chronic conditions associated with aging. Its lead product, NS-0100, merges the natural compound leucine with a low dose of metformin, which is commonly used for managing early type 2 diabetes but often causes gastrointestinal side effects that limit patient tolerance. Currently, NuSirt is conducting Phase 2 clinical trials to determine the most effective dosage of NS-0100. The company has filed eleven patent applications, with two already issued, and has successfully completed several clinical and pre-clinical studies based on its proprietary technologies. Founded in 2007 and based in Nashville, Tennessee, NuSirt Sciences continues to focus on advancing solutions for chronic diseases, particularly those related to metabolic dysfunction.
InvisionHeart
Series A in 2014
InvisionHeart is a company focused on enhancing cardiac care through its innovative hardware and software system designed to capture and manage cardiac data. Originating from research conducted by physicians and engineers at Vanderbilt University, the technology addresses real-world clinical challenges faced by heart patients. InvisionHeart offers a mobile electrocardiograph system that allows a network of healthcare professionals, including physicians, nurses, and technicians, to securely access and annotate patient electrocardiogram tracings. The company's leadership, consisting of experienced professionals in both software and hardware development, along with a strong clinical advisory team, is dedicated to improving the care of heart patients in diverse environments.
Diagnovus
Seed Round in 2013
Founded in 2011 and based in Nashville, TN, Diagnovus’s mission is to improve the health of patients and quality of treatment decisions through truly innovative molecular diagnostics by better informing physicians, patients and families that face these difficult disease prospects. Their core principles are defined by a passion to serve and dedication to create evidence-based molecular diagnostic products. By employing these values and principles, they believe they will make a meaningful contribution to improving outcomes for patients, help physicians to provide more effective care and contribute to a more efficient use of health care resources.
Best ABT Molecular Imaging
Venture Round in 2013
ABT Molecular Imaging is a medical imaging company that specializes in the design, manufacture, and marketing of biomarker generator systems for positron emission tomography (PET). Headquartered in Knoxville, Tennessee, the company offers the BG-75 Biomarker Generator, which produces unit doses of molecular imaging drugs on demand, facilitating immediate use at the point of care. The generator incorporates features such as quality control tests and detailed dose records to ensure reliability and compliance. Founded by Ron and Lynda Nutt in 2006, ABT aims to enhance the global expansion of PET imaging by providing innovative solutions for pharmaceutical companies. Its products are distributed through a comprehensive network of sales and service partners.
StreamWeaver
Series A in 2013
Streamweaver is a software company located in Nashville, Tenn. The company's first product is a multi-angle mobile video app that automatically connects people to record together and then generates split-screen video.
SwingPal
Seed Round in 2013
SwingPal, LLC is an online platform based in Franklin, Tennessee, that specializes in providing golf instruction through a digital interface. Founded in 2010, it connects golfers with professional instructors via a user-friendly system accessible on both the web and mobile devices. Users can record their golf swings using their smartphones and upload these videos to their SwingPal accounts. The platform then offers detailed and annotated analyses, combining video feedback with audio commentary from golf professionals. This service aims to help users refine their skills and improve their overall game.
Diagnovus
Seed Round in 2013
Founded in 2011 and based in Nashville, TN, Diagnovus’s mission is to improve the health of patients and quality of treatment decisions through truly innovative molecular diagnostics by better informing physicians, patients and families that face these difficult disease prospects. Their core principles are defined by a passion to serve and dedication to create evidence-based molecular diagnostic products. By employing these values and principles, they believe they will make a meaningful contribution to improving outcomes for patients, help physicians to provide more effective care and contribute to a more efficient use of health care resources.
Pathfinder Technologies
Venture Round in 2013
Pathfinder Technologies (formerly Pathfinder Therapeutics, Inc.), a medical device company, engages in the design, development, and manufacture of solutions in the field of navigated abdominal surgery. The company provides an integrated intra-operative image guidance system for open liver surgical procedure; and accessories, including IRED localization probes, navigated RF ablators, and navigated ultrasonic aspirators. Its system consists of a software architecture that allows the surgeon to display a 3D view of the liver. Its system is used in various open liver surgery applications, including hepatic resection, open ablation, open biopsy, living donor transplant, cyst removal, and tumor removal. Pathfinder Technologies was founded in 2004 and is based in Nashville, Tennessee.
Diagnovus
Seed Round in 2013
Founded in 2011 and based in Nashville, TN, Diagnovus’s mission is to improve the health of patients and quality of treatment decisions through truly innovative molecular diagnostics by better informing physicians, patients and families that face these difficult disease prospects. Their core principles are defined by a passion to serve and dedication to create evidence-based molecular diagnostic products. By employing these values and principles, they believe they will make a meaningful contribution to improving outcomes for patients, help physicians to provide more effective care and contribute to a more efficient use of health care resources.
SwingPal
Seed Round in 2013
SwingPal, LLC is an online platform based in Franklin, Tennessee, that specializes in providing golf instruction through a digital interface. Founded in 2010, it connects golfers with professional instructors via a user-friendly system accessible on both the web and mobile devices. Users can record their golf swings using their smartphones and upload these videos to their SwingPal accounts. The platform then offers detailed and annotated analyses, combining video feedback with audio commentary from golf professionals. This service aims to help users refine their skills and improve their overall game.
Pathfinder Technologies
Seed Round in 2013
Pathfinder Technologies (formerly Pathfinder Therapeutics, Inc.), a medical device company, engages in the design, development, and manufacture of solutions in the field of navigated abdominal surgery. The company provides an integrated intra-operative image guidance system for open liver surgical procedure; and accessories, including IRED localization probes, navigated RF ablators, and navigated ultrasonic aspirators. Its system consists of a software architecture that allows the surgeon to display a 3D view of the liver. Its system is used in various open liver surgery applications, including hepatic resection, open ablation, open biopsy, living donor transplant, cyst removal, and tumor removal. Pathfinder Technologies was founded in 2004 and is based in Nashville, Tennessee.
American Hometown Media
Seed Round in 2013
American Hometown Media, Inc. is a digital media company based in Franklin, Tennessee, that specializes in connecting with American home cooks through its internet platform. Founded in 2011, the company continues the tradition of analog publishing by syndicating editorial content that celebrates hometown cooks to community newspapers, magazines, and various media outlets across the nation. Its offerings include Just A Pinch Recipes, a digital social network focused on recipes and coupons for home cooks, and Just A Pinch Syndicated Media, which delivers content related to home cooking and American culture to a wide audience. American Hometown Media leverages its roots in traditional media while embracing digital innovation, reaching approximately two million households weekly with its syndicated columns.
Diagnovus
Seed Round in 2013
Founded in 2011 and based in Nashville, TN, Diagnovus’s mission is to improve the health of patients and quality of treatment decisions through truly innovative molecular diagnostics by better informing physicians, patients and families that face these difficult disease prospects. Their core principles are defined by a passion to serve and dedication to create evidence-based molecular diagnostic products. By employing these values and principles, they believe they will make a meaningful contribution to improving outcomes for patients, help physicians to provide more effective care and contribute to a more efficient use of health care resources.
StreamWeaver
Series A in 2013
Streamweaver is a software company located in Nashville, Tenn. The company's first product is a multi-angle mobile video app that automatically connects people to record together and then generates split-screen video.
Best ABT Molecular Imaging
Series C in 2012
ABT Molecular Imaging is a medical imaging company that specializes in the design, manufacture, and marketing of biomarker generator systems for positron emission tomography (PET). Headquartered in Knoxville, Tennessee, the company offers the BG-75 Biomarker Generator, which produces unit doses of molecular imaging drugs on demand, facilitating immediate use at the point of care. The generator incorporates features such as quality control tests and detailed dose records to ensure reliability and compliance. Founded by Ron and Lynda Nutt in 2006, ABT aims to enhance the global expansion of PET imaging by providing innovative solutions for pharmaceutical companies. Its products are distributed through a comprehensive network of sales and service partners.
StreamWeaver
Seed Round in 2012
Streamweaver is a software company located in Nashville, Tenn. The company's first product is a multi-angle mobile video app that automatically connects people to record together and then generates split-screen video.
Diagnovus
Seed Round in 2012
Founded in 2011 and based in Nashville, TN, Diagnovus’s mission is to improve the health of patients and quality of treatment decisions through truly innovative molecular diagnostics by better informing physicians, patients and families that face these difficult disease prospects. Their core principles are defined by a passion to serve and dedication to create evidence-based molecular diagnostic products. By employing these values and principles, they believe they will make a meaningful contribution to improving outcomes for patients, help physicians to provide more effective care and contribute to a more efficient use of health care resources.
Nusirt
Seed Round in 2012
NuSirt Sciences, Inc. is a biotechnology company dedicated to developing innovative treatments for metabolic diseases related to over-nutrition, such as obesity and type 2 diabetes. The company has created a unique technology platform that combines natural compounds with pharmaceutical agents to activate sirtuin pathways, aiming to prevent and treat chronic conditions associated with aging. Its lead product, NS-0100, merges the natural compound leucine with a low dose of metformin, which is commonly used for managing early type 2 diabetes but often causes gastrointestinal side effects that limit patient tolerance. Currently, NuSirt is conducting Phase 2 clinical trials to determine the most effective dosage of NS-0100. The company has filed eleven patent applications, with two already issued, and has successfully completed several clinical and pre-clinical studies based on its proprietary technologies. Founded in 2007 and based in Nashville, Tennessee, NuSirt Sciences continues to focus on advancing solutions for chronic diseases, particularly those related to metabolic dysfunction.
Pathfinder Technologies
Venture Round in 2012
Pathfinder Technologies (formerly Pathfinder Therapeutics, Inc.), a medical device company, engages in the design, development, and manufacture of solutions in the field of navigated abdominal surgery. The company provides an integrated intra-operative image guidance system for open liver surgical procedure; and accessories, including IRED localization probes, navigated RF ablators, and navigated ultrasonic aspirators. Its system consists of a software architecture that allows the surgeon to display a 3D view of the liver. Its system is used in various open liver surgery applications, including hepatic resection, open ablation, open biopsy, living donor transplant, cyst removal, and tumor removal. Pathfinder Technologies was founded in 2004 and is based in Nashville, Tennessee.
SwingPal
Seed Round in 2012
SwingPal, LLC is an online platform based in Franklin, Tennessee, that specializes in providing golf instruction through a digital interface. Founded in 2010, it connects golfers with professional instructors via a user-friendly system accessible on both the web and mobile devices. Users can record their golf swings using their smartphones and upload these videos to their SwingPal accounts. The platform then offers detailed and annotated analyses, combining video feedback with audio commentary from golf professionals. This service aims to help users refine their skills and improve their overall game.
Pathfinder Technologies
Seed Round in 2012
Pathfinder Technologies (formerly Pathfinder Therapeutics, Inc.), a medical device company, engages in the design, development, and manufacture of solutions in the field of navigated abdominal surgery. The company provides an integrated intra-operative image guidance system for open liver surgical procedure; and accessories, including IRED localization probes, navigated RF ablators, and navigated ultrasonic aspirators. Its system consists of a software architecture that allows the surgeon to display a 3D view of the liver. Its system is used in various open liver surgery applications, including hepatic resection, open ablation, open biopsy, living donor transplant, cyst removal, and tumor removal. Pathfinder Technologies was founded in 2004 and is based in Nashville, Tennessee.
Industrial Ceramic Solutions
Seed Round in 2011
Industrial Ceramic Solutions, LLC, based in Oak Ridge, Tennessee, specializes in the development and manufacture of air pollution control equipment, particularly for industrial and diesel exhaust filter applications. Founded in 1997 by Richard Nixdorf, who possesses over 40 years of experience in advanced materials, the company initially focused on creating a microwave regenerated diesel particulate filter using patented silicon carbide fibers. These fibers were designed to rapidly convert microwave energy into thermal energy, facilitating the high-temperature cleaning required for diesel engine exhaust filters mandated by the US Clean Air Act. Although the microwave regeneration approach proved impractical, the company’s diesel particulate filter cartridge garnered significant attention from international automotive suppliers. In 2007, a Fortune 100 company licensed the technology, but this agreement ended in 2008 due to a downturn in the diesel engine market. Industrial Ceramic Solutions continues to innovate in air and gas filtration technologies, offering a range of products designed to control and eliminate pollutants effectively.
Diagnovus
Seed Round in 2011
Founded in 2011 and based in Nashville, TN, Diagnovus’s mission is to improve the health of patients and quality of treatment decisions through truly innovative molecular diagnostics by better informing physicians, patients and families that face these difficult disease prospects. Their core principles are defined by a passion to serve and dedication to create evidence-based molecular diagnostic products. By employing these values and principles, they believe they will make a meaningful contribution to improving outcomes for patients, help physicians to provide more effective care and contribute to a more efficient use of health care resources.
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