Two Bear Capital

Two Bear Capital is a venture capital firm founded in 2019 and based in Whitefish, Montana, with additional offices in San Francisco and San Diego. It concentrates on early-stage investments in technologies addressing health, security and wellness, including biotech, bioinformatics, machine learning and artificial intelligence, cybersecurity and healthcare information technology. The firm targets opportunities in Montana and the Pacific Northwest and seeks disruptive innovations at the intersections of its focus areas. It operates as a registered investment adviser.

Mark Adams

Venture Partner

Jenna Aronson

Associate

Kevin Day

Partner, Head of Capital Formation

Michael Goguen

Managing Partner

Rachel Tsunemoto Hislop

Principal

Past deals in Montana

Inimmune

Series A in 2020
Founded in 2016, Inimmune is a biotechnology company based in Missoula, Montana. It specializes in the discovery and development of novel immunotherapeutics to treat or prevent conditions such as oncology, allergic rhinitis, food allergy, infectious diseases, and bacterial infections.
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