Mountain State Capital
Early-stage venture firm investing in software, hardware/services, and life-sciences companies across the greater Appalachian region. Offices in Pittsburgh, PA (100 S. Commons, Suite 102) and Morgantown, WV. Co-founded by Mike Green and Matt Harbaugh (Harbaugh formerly CIO at Innovation Works). Targets large seed rounds (~$1–5M company raises) with typical initial checks of $200K–$500K per firm materials.
Typical check size
$250K-$3M (stage-based estimate)
Founded
2018
Headquarters
Pittsburgh, PA
AUM
N/A
Rounds they lead
Seed
Rounds they invest
Seed
Series A
Related investment articles
FAQs about Mountain State Capital
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
Pittsburgh, PA and Morgantown, WV — dual-office Appalachian coverage.
Primarily large seed when product-market fit is emerging; they reserve for follow-ons.
Firm site cites roughly $200K–$500K initial checks into $1–5M seed rounds.
Prefer companies within about a 6-hour drive of Pittsburgh/Morgantown across greater Appalachia.
Co-founders Mike Green (Morgantown) and Matt Harbaugh (Pittsburgh).
Software, hardware/services, and life sciences with large-market disruption potential.
[email protected] / mountainstatecapital.com.
Matt Harbaugh previously served as Chief Investment Officer at Innovation Works.