Mountain State Capital

Mountain State Capital is a venture capital firm founded in 2018 and based in Morgantown, West Virginia, with an additional office in Pittsburgh, Pennsylvania. The firm specializes in seed and early-stage investments, focusing on technology companies in the Greater Appalachia region, which includes West Virginia, Pennsylvania, Ohio, Maryland, Virginia, Kentucky, Tennessee, and North Carolina. Mountain State Capital typically invests between $250,000 and $500,000 in high-growth companies across various technology and industry sectors, providing essential early-stage risk capital to support their development.

Mike Green

Co-Founder and Managing Director

Matt Harbaugh

Co-Founder and Managing Director

Past deals in West Virginia

InspectionGo

Convertible Note in 2020
InspectionGo is a home inspector company providing a variety of services to help inspection companies. It provides digital exhibition, and back-end services such as accounting, marketing, coaching, and inside sales to home inspectors across the nation. The company was founded in 2019 and is based in Morgantown, WV.

Lizard Tail

Seed Round in 2019
Lizard Tail is an accessories company that sells and manufactures quality belts constructed from climbing rope. The company's LT SOLO provides optimum comfort by giving the right fit instead of a tight fit. Its patent-pending buckle makes the SOLO easy on, easy off, and easy to adjust. Lizard Tail founded in 2019 by Justin and Ephraim in Morgantown, WV.

Valtari Bio

Seed Round in 2019
Advancing the treatment of stroke and stroke detection, through the development of next-generation precision diagnostics and therapeutics.
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