Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Breakthrough Venture Capital is an early-stage investment fund based in Wyoming, founded in 2023. The firm focuses on partnering with high-growth startups across the Mountain West region, particularly in healthcare, biotech, and digital health sectors. The fund's mission is to create value through intentional investments and hands-on support, helping founders navigate the complexities of scaling their businesses.
As a newly established fund, Breakthrough Venture Capital has positioned itself to fill a critical gap in the Wyoming investment landscape, particularly for Seed and Series A companies. The firm has a strong commitment to supporting startups that demonstrate exceptional founder-market fit and scalability. With a focus on mentorship and operational guidance, Breakthrough Venture Capital aims to foster innovation and growth in the region.
The fund's inaugural fund launched in November 2023, and it has already garnered attention for its operator-driven approach. Notably, it has received backing from the Wyoming Venture Capital (WYVC), which marks a significant milestone as it represents the first investment under WYVC's new fund strategy.
Breakthrough Venture Capital primarily invests in Seed to Series A companies that are either headquartered in or expanding into the Mountain West region. The fund typically makes initial investments ranging from $500,000 to $750,000, with additional capital reserved for follow-on rounds. This investment strategy is designed to support startups that have early commercial traction, meaningful differentiation, and alignment with the fund's operator-driven approach.
The firm seeks companies that demonstrate exceptional founder-market fit and scalability beyond regional markets. Breakthrough Venture Capital emphasizes the importance of mentorship and operational guidance, ensuring that portfolio companies receive tailored support to navigate growth milestones effectively. This hands-on approach is a hallmark of the fund's investment philosophy, which aims to create long-term value for both founders and investors.
Breakthrough Venture Capital has built a notable portfolio of companies that reflect its focus on healthcare, biotech, and digital health. Key portfolio companies include:
These companies exemplify the fund's commitment to investing in high-growth startups that are poised for success in their respective markets. Breakthrough Venture Capital's portfolio reflects its strategic focus on sectors that are critical to the health and well-being of individuals and communities.
Goose Goostree: Managing Partner. Goose has a background in regional operations and has been instrumental in establishing Breakthrough Venture Capital's focus on the Mountain West. His expertise lies in identifying high-growth startups and providing operational support.
Eric Schlidt: Managing Partner. Eric brings extensive experience in venture capital and startup operations. He has a strong track record of working with early-stage companies and is dedicated to helping founders achieve their business objectives.
To pitch Breakthrough Venture Capital, founders should reach out through the firm's website. A well-prepared pitch deck is essential, highlighting the business model, market opportunity, and team qualifications. While specific response time expectations are not mentioned, it is advisable to follow up after submitting a pitch to ensure it has been received.
As of April 2023, Breakthrough Venture Capital has launched its inaugural fund, focusing on early-stage investments in the Mountain West. The firm has received backing from the Wyoming Venture Capital (WYVC), marking a significant milestone as it represents the first investment under WYVC's new fund strategy. This partnership signals strong state support for the fund's mission to foster innovation and growth in the region.
Breakthrough Venture Capital is actively seeking high-growth startups in healthcare, biotech, and digital health sectors, with a commitment to providing hands-on support and mentorship. The firm aims to build a portfolio that reflects its focus on exceptional founder-market fit and scalability.
What are Breakthrough Venture Capital's investment criteria?
Breakthrough Venture Capital invests in Seed to Series A companies, particularly those headquartered in or expanding into the Mountain West region. The firm looks for startups with early commercial traction, meaningful differentiation, and exceptional founder-market fit.
How can I apply or pitch to Breakthrough Venture Capital?
Founders interested in pitching to Breakthrough Venture Capital should reach out through their website. Specific application forms or portals are not mentioned, but a clear and concise pitch deck outlining the business model, market opportunity, and team is recommended.
What makes Breakthrough Venture Capital different from other investors?
Breakthrough Venture Capital distinguishes itself through its operator-driven approach, providing hands-on support and mentorship to portfolio companies. This model is designed to help founders navigate growth milestones effectively.
What is the geographic scope of Breakthrough Venture Capital?
The firm focuses on investments in the Mountain West region, specifically targeting companies that are either based in or expanding into this area.
What is the typical check size for investments?
Breakthrough Venture Capital typically invests between $500,000 and $750,000 in initial funding rounds, with additional capital reserved for follow-on investments.
What kind of post-investment involvement can founders expect?
Founders can expect hands-on support and mentorship from Breakthrough Venture Capital, as the firm is committed to helping portfolio companies achieve their business objectives and navigate growth challenges.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.