Venture capital in Georgia
28 venture firms are based in Georgia, from SEC filings and the fund index. Below them are Georgia’s other sources of capital, the LPs based here that report holding venture funds, and its SEC-registered family offices. How Georgia ranks for startup raises and new funds: its Venture Ecosystem Index page.
On this page: 28 venture firms 7 new funds 57 other sources of capital 20 LPs 4 family offices.
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Venture firms based in Georgia
28 advisers that report a venture fund on Form ADV, largest estimated venture assets first, from the Venture Adviser Directory. Each one’s page has its funds and, where an LP reports holding them, its LPs.
| # | Adviser | Location | Venture funds | Private fund assets | Registered |
|---|---|---|---|---|---|
| 1 | Fulcrum Equity Partners, Inc. | Atlanta | 8 | $1.2B | 2026 |
| 2 | Bip CapitalBip Capital, LLC | Atlanta | 53 | $1.1B | 2018 |
| 3 | TTV CapitalTTV Capital, LLC | Atlanta | 14 | $910M | 2012 |
| 4 | Noro-Moseley PartnersNMP Management Corporation | Atlanta | 4 | $473M | 2016 |
| 5 | Jam Special Opportunity VenturesJam Special Opportunity Ventures - Management LLC | Atlanta | 3 | $296M | 2022 |
| 6 | Sovereign'S Capital Management, LLC | Atlanta | 6 | $1.2B | 2022 |
| 7 | Techoperators, LLC | Atlanta | 4 | $250M | 2012 |
| 8 | Tech Square Ventures EmergingTech Square Ventures, LLC | Atlanta | 11 | $233M | 2020 |
| 9 | Bip Capital Management Services, LLC | Atlanta | 9 | $345M | 2020 |
| 10 | New Voices Advisors, LLC Emerging | Atlanta | 3 | $150M | 2022 |
| 11 | Open Opportunity Management, LLC Emerging | Atlanta | 3 | $138M | 2024 |
| 12 | Avego Management, LLC | Alpharetta | 1 | $918M | 2021 |
| 13 | Collab Capital, LLC Emerging | Atlanta | 2 | $126M | 2022 |
| 14 | Cassius Family Management LLC Emerging | Atlanta | 4 | $97M | 2018 |
| 15 | Silicon Road Ventures EmergingSilicon Rd Ventures LLC | Atlanta | 3 | $97M | 2021 |
| 16 | Sabertooth Capital EmergingSabertooth Capital, LLC | Atlanta | 8 | $91M | 2026 |
| 17 | Altera Private Access, LLC | Atlanta | 8 | $562M | 2017 |
| 18 | Steelsky Ventures EmergingSteelsky Ventures LLC | Atlanta | 4 | $79M | 2022 |
| 19 | Knoll Ventures Management, LLC Emerging | Atlanta | 2 | $61M | 2022 |
| 20 | Shadow Ventures, LLC Emerging | Atlanta | 22 | $58M | 2023 |
| 21 | Forte Capital Management III L.L.C. Emerging | Atlanta | 3 | $58M | 2021 |
| 22 | Valor Ventures EmergingValor Ventures LLC | Atlanta | 5 | $56M | 2025 |
| 23 | Forte Ventures EmergingForte Capital Management, L.L.C. | Atlanta | 6 | $54M | 2014 |
| 24 | Seedtob Management Company, LLC Emerging | Suwanee | 2 | $45M | 2023 |
| 25 | Overlay Management, LLC Emerging | Alpharetta | 4 | $168M | 2026 |
| 26 | Sage Mountain Advisors, LLC Emerging | Atlanta | 1 | $31M | 2018 |
| 27 | GridlineGridline Advisors, LLC | Atlanta | 1 | $302M | 2026 |
| 28 | Direct Investment Advisor LLC | Milton | 1 | — | 2025 |
New funds raising from Georgia
7 venture funds managed from Georgia started raising in 2025 or later and filed a Form D since October 2025: managers with new money to invest. Amounts are as each fund’s latest Form D reports them, newest filing first.
| Fund | Manager | Started | Raised so far | Target | Latest filing |
|---|---|---|---|---|---|
| Fulcrum Venture Group Funds LLC - Northwood 1 | Fulcrum Equity Partners, Inc. | 2026 | $3.1M | $3.1M | August 27, 2026 |
| Fulcrum Venture Fund II LP | Fulcrum Equity Partners, Inc. | 2026 | — | — | August 14, 2026 |
| Valor Ventures HF, L.P. | Valor Ventures | 2026 | $5M | $5M | August 11, 2026 |
| TTV Fund VII, L.P. | TTV Capital | 2026 | $115M | $275M | July 13, 2026 |
| Tech Square Ventures Fund III, LP | Tech Square Ventures | 2025 | $49M | — | May 12, 2026 |
| Valor Ventures PL, L.P. | Valor Ventures | 2026 | $8.5M | $8.5M | May 11, 2026 |
| Collab II - W G, L.P. | Collab Capital, LLC | 2026 | — | $150M | February 20, 2026 |
Other sources of capital in Georgia
21 SBA lenders, 16 community development lenders, 6 corporate pension plans, 6 pension master trusts, 4 union pension plans, 3 SBICs, and 1 placement agent. From public registers and what each organization publishes; see Capital Sources for every state.
| Source | Location | On the record |
|---|---|---|
| Intellivest Securities, Inc. | Riverdale | 3 venture funds, 2015–2021 |
| American Cancer Society, Inc. Retirement Annuity Plan | Atlanta | In partnerships and joint ventures: $27M |
| Aon Retirement Pension Plan | Atlanta | In partnerships and joint ventures: $291M |
| Emory Healthcare, Inc. Retirement Plan | Atlanta | In partnerships and joint ventures: $43M |
| NCR Pension Plan | Atlanta | In partnerships and joint ventures: $47M |
| The Southern Company Pension Plan | Atlanta | In partnerships and joint ventures: $2.3B |
| Voya Retirement Plan | Atlanta | In partnerships and joint ventures: $54M |
| o15 Emerging America Credit Opportunities Fund LP | Atlanta | Private Credit · Hybrid Debt/Equity |
| Source Capital Credit Opportunities IV, L.P. | Atlanta | Private Credit · Direct Lending |
| Source Capital Credit Opportunities V, LP | Atlanta | Hybrid · Hybrid Debt/Equity |
| Georgia Stevedore Association International Longshoremen's Association Pension Plan | Savannah | In partnerships and joint ventures: $232M |
| Local 804 I.B.T. and Local 447 I.A.M. - UPS Multi-Employer Retirement Plan | Atlanta | In partnerships and joint ventures: $343M |
| UFCW Consolidated Pension Fund | Atlanta | In partnerships and joint ventures: $3.6B |
| United Parcel Service, Inc. Local 177, I.B.T Multi-Employer Retirement Plan | Atlanta | In partnerships and joint ventures: $445M |
| Cox Enterprises, Inc. Master Trust | Atlanta | In partnerships and joint ventures: $3.5B |
| Delta Master Trust | Atlanta | In partnerships and joint ventures: $4.3B |
| Novelis Master Retirement Trust | Atlanta | In partnerships and joint ventures: $33M |
| The Coca-Cola Company Master Retirement Trust | Atlanta | In partnerships and joint ventures: $469M |
| UPS Group Trust | Atlanta | In partnerships and joint ventures: $10.4B |
| Westrock Company Master Retirement Trust | Atlanta | In partnerships and joint ventures: $330M |
| Access to Capital for Entrepreneurs, Inc. | Cleveland | Community development loan fund in Cleveland, GA, certified by the US Treasury’s CDFI Fund. |
| Albany Community Together, Inc. | Albany | Community development loan fund in Albany, GA, certified by the US Treasury’s CDFI Fund. |
| Bank of Camilla | Camilla | Community development bank or thrift in Camilla, GA, certified by the US Treasury’s CDFI Fund. |
| Carver State Bank | Savannah | Community development bank or thrift in Savannah, GA, certified by the US Treasury’s CDFI Fund. |
| Catalyst Development CORPORATION | Savannah | Community development loan fund in Savannah, GA, certified by the US Treasury’s CDFI Fund. |
| Citizens Trust Bank | Atlanta | Community development bank or thrift in Atlanta, GA, certified by the US Treasury’s CDFI Fund. |
| Columbus Housing Initiative, Inc | Columbus | Community development loan fund in Columbus, GA, certified by the US Treasury’s CDFI Fund. |
| Community Housing Capital, Inc. | Decatur | Community development loan fund in Decatur, GA, certified by the US Treasury’s CDFI Fund. |
| Community Redevelopment Loan and Investment Fund, Inc. | Atlanta | Community development loan fund in Atlanta, GA, certified by the US Treasury’s CDFI Fund. |
| First American Bank & Trust Co | Athens | Community development bank or thrift in Athens, GA, certified by the US Treasury’s CDFI Fund. |
| Georgia Cities Foundation, Inc. | Atlanta | Community development loan fund in Atlanta, GA, certified by the US Treasury’s CDFI Fund. |
| Habitat Capital, LLC | Atlanta | Community development loan fund in Atlanta, GA, certified by the US Treasury’s CDFI Fund. |
| NewTown Loans, LLC | Macon | Community development loan fund in Macon, GA, certified by the US Treasury’s CDFI Fund. |
| Small Business Assistance Corporation | Savannah | Community development loan fund in Savannah, GA, certified by the US Treasury’s CDFI Fund. |
| South Georgia Banking Company | Tifton | Community development bank or thrift in Tifton, GA, certified by the US Treasury’s CDFI Fund. |
| Southeast First National Bank | Summerville | Community development bank or thrift in Summerville, GA, certified by the US Treasury’s CDFI Fund. |
| American Pride Bank | Macon | 7(a) loans approved, fiscal year 2026: $22M |
| Ameris Bank | Atlanta | 7(a) loans approved, fiscal year 2026: $28M |
| Bank of Dudley | Dudley | 7(a) loans approved, fiscal year 2026: $5.9M |
| Colony Bank | Fitzgerald | 7(a) loans approved, fiscal year 2026: $80M |
| Community Bank of Pickens County | Jasper | 7(a) loans approved, fiscal year 2026: $9.7M |
| Craft Bank | Atlanta | 7(a) loans approved, fiscal year 2026: $12M |
| Embassy National Bank | Lawrenceville | 7(a) loans approved, fiscal year 2026: $11M |
| Farmers and Merchants Bank | Lakeland | 7(a) loans approved, fiscal year 2026: $5.3M |
| FDIC - Community Bank & Trust-West Georgia | LaGrange | 7(a) loans approved, fiscal year 2026: $128M |
| First National Bank of Coffee County | Douglas | 7(a) loans approved, fiscal year 2026: $8.2M |
| First Port City Bank | Bainbridge | 7(a) loans approved, fiscal year 2026: $9.4M |
| Georgia Banking Company | Atlanta | 7(a) loans approved, fiscal year 2026: $8.2M |
| Georgia's Own Credit Union | Atlanta | 7(a) loans approved, fiscal year 2026: $4.8M |
| Loyal Trust Bank | Johns Creek | 7(a) loans approved, fiscal year 2026: $39M |
| Metro City Bank | Doraville | 7(a) loans approved, fiscal year 2026: $201M |
| Oconee State Bank | Watkinsville | 7(a) loans approved, fiscal year 2026: $17M |
| Primesouth Bank | Blackshear | 7(a) loans approved, fiscal year 2026: $14M |
| PromiseOne Bank | Duluth | 7(a) loans approved, fiscal year 2026: $90M |
| River City Bank | Rome | 7(a) loans approved, fiscal year 2026: $4.9M |
| The Bank of Edison | Edison | 7(a) loans approved, fiscal year 2026: $11M |
| Vallant Bank | Elberton | 7(a) loans approved, fiscal year 2026: $28M |
LPs based in Georgia
Foundations, pension plans, and other LPs here that report the venture funds they hold, by the number they hold. Local LPs often back local managers.
Family offices in Georgia
Family offices registered with the SEC as investment advisers, from the Family Office Index. Most family offices are exempt from registering and aren’t on this list.
| Family office | City | Regulatory assets |
|---|---|---|
| Balentine | Atlanta | $5.5B |
| BT Family Office, LLC | Atlanta | $4B |
| Private Family Wealth Advisors | Atlanta | $393M |
| Xception Family Office | Atlanta | $189M |
About the data
An adviser’s state is where its Form ADV says its main office is. A fund-index firm is placed by the headquarters city the index lists, or by its Form ADV when the city doesn’t tell. Capital sources, LPs, and family offices are placed by the address their own register gives. Angel investors who list themselves are at hottub.vc/investors. Organizations only: no individuals are listed here, and a listing is a public record, not a recommendation. See the methodology.