Recent Funding
Investors
Mountain State Capital

Mountain State Capital portfolio

Mountain State Capital has 2 portfolio companies on record at Recent Funding.

Website: mountainstatecapital.com.

Type: Venture capital.

Portfolio on Recent Funding: 2.

Deals, last 12 months: 0.

Capital in their rounds: $4.06M.

Latest deal: Avisi Technologies · Dec 2, 2022.

About this page

It is a venture capital firm based in Morgantown, US, founded in 2002. Its most recent investment on record is Avisi Technologies's $4.06M Seed round in December 2022, alongside Ben Franklin Technology Partners of Southeastern Pennsylvania, Gaingels, Kyto Technology and Life Science Inc and 6 others. By category, its portfolio leans toward Health and bio (1) and HR and recruiting (1).

About Mountain State Capital

Firm type: Venture capital.

Headquarters: Morgantown, US.

Founded: 2002.

Stages: Seed, Series A.

Sectors: Biotech, Enterprise Software, Media & Entertainment, Medical Devices, SaaS, Sector Agnostic.

Check size: $200K to $500K.

Portfolio companies: 4.

Exits: 0.

Rounds led: 0.

What Mountain State Capital invests in

Health and bio · 1 · 50%
HR and recruiting · 1 · 50%
Logistics and mobility · 1 · 50%

How Mountain State Capital invests

Stage	Deals	Capital in rounds
Seed	1 100%	$4.06M

Mountain State Capital portfolio companies

AAvisi Technologies$4.06MSeed · Dec 2022
GGridwisebacker

Company	Round with Mountain State Capital	Total raised	Latest raise
AAvisi Technologies Health and bio	Dec 2, 2022 Seed · $4.06M	$14.76M	Feb 25, 2026 Series A
GGridwise HR and recruiting	backer	$6M	Oct 22, 2025 Seed

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Health and bio).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-09, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 1 round on Recent Funding that name Mountain State Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Mountain State Capital, which is a subset of its real portfolio. API: /api/v1/investors/mountain-state-capital (get a free API key). More: the most active VC firms and new venture capital funds.