Venture Capital Firms Listed By State
Below is a State by State listing of Venture Capital Firms, Associations, Groups and other sources. It is best to start with your own State. Investors like to meet with you and your management team before they make a funding decision. Also, they may have great contacts and strategic partners in your area that they can introduce you too as an added bonus.
If you are interested in raising capital as part of going public or doing a Reverse Merger, you might want to check out Reverse Merger Funding. Each year many companies go through this process, apply for a stock symbol on the OTCBB and are then able to raise significant amounts of capital to fuel their growth. Another option these companies have is to get Bridge Loan Funding from venture capital firms to help the company bridge the gap during the period of time they are working on a larger funding, but want to get publicly listed in the mean time. It’s not really a good idea to get a public listing unless you have at least $1,000,000 in gross revenues and have a reasonable likelihood of achieving a net profit.
Once you have exhausted your state sources then you can start branching out into surrounding states. The closer Investors are to where your company is or will be located the better your chances of successfully obtaining funding. It also makes travel plans easier and saves you time and money.
Visit Overview of Venture Capital Firms and Private Equity
for some GREAT TIPS that will increase your funding chances and help you negotiate with potential funding sources, even before you get to the Term Sheet stage. Great info to get you that leading edge to succeed.
In my experience, (well over 10 years as legal counsel to private companies, public companies, Angel Investors and Hedge Funds) I have never had a client raise venture capital funding without meeting face-to-face with a funder. This is not to say that it has never been done, but the chances are extremely slim unless you are using an Investment Banker or Broker to help you obtain the funding.
In that case, they are able to raise funding for you because they have a relationship with clients who are venture capital firms that trust their advice and counsel. However, remember, it is still their client that makes the ultimate decision to fund, or not to fund, your company. Investment Bankers and Brokers typically charge a 10% cash fee and 10% in stock of what they raise.
As you can see this can be pretty expensive. It is best try to raise capital on your own at first. The exercise of trying to raise capital on your own will also be a good learning experience for your Management Team. It will help you fine tune your presentation and workout some bugs you may have in your
Business Plan.
AlabamaAlaska Arizona Arkansas
CaliforniaColorado Connecticut
DelawareFlorida Georgia Hawaii
IdahoIllinois Indiana Iowa
KansasKentucky Louisiana
MaineMaryland Massachusetts Michigan
MinnesotaMississippi Missouri Montana
NebraskaNevada New Hampshire New Jersey
New MexicoNew York North Carolina North Dakota
OhioOklahoma Oregon
PennsylvaniaRhode Island South Carolina South Dakota
TennesseeTexas Utah Vermont Virginia
WashingtonWest Virginia Wisconsin Wyoming

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