The Startup Scene in Montana

Browse the Montana startup ecosystem featuring 4 investors and startups. Our directory includes 4 angel investors and VCs with an average check size of $75K, plus 0 startups across all sectors. 2 investors are actively investing, and 0 startups are generating revenue.

Investors

Startups

$75K

Avg Check

With Revenue

Bozeman

Top City

50%

Active Investors

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Investors (4)

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NFC Fund III UserEvidence Series A-1

Bozeman, Montana

Check: $25K – $128K

Exploring

Same Page Capital

Angel

Bozeman, MT

Check: $50K – $100K

AI MLIOTB2B SAAS+2

Digital Transformation is a global theme. We find next-gen technologies, products and services that expand and accelerate this wave of innovation and connect them to enterprise customers and...

Exploring10 portfolio co.

Website

Next Frontier Capital

Bozeman, MT

Check: $2.0M – $5.0M

AI MLCLIMATE ENERGY SUSTAINABILITYDEVELOPER TOOLS+4

Investing in mission-driven founders building companies in AI/Data, Climate, Deep Tech, B2B Software, FinTech, Defense Tech and Cybersecurity; focus on Seed to Series A with active partnership and...

Active31 portfolio co.

Website

Frontier Angels

Angel

Montana

APPLIED AIAI MLIOT+6

Frontier Angels is a Montana-based network of ~100+ accredited angel investors focused on early-stage, tech-driven companies (Seed & Series A). They prioritize Montana roots and regionally connected...

Exploring18 portfolio co.

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Cities

Bozeman (3)

Sectors

Developer Tools (5)AI & Machine Learning (4)SaaS (3)Climate & Clean Energy (3)

About the Montana Startup Ecosystem

Montana is home to a thriving startup ecosystem with 4 investors and 0 startups in our directory.

The most active sectors in Montana include DEVELOPER TOOLS, AI ML, IOT. 2 investors have made recent investments, showing strong capital deployment activity in the region.

Local investors offer advantages beyond capital — regional network effects, knowledge of local market dynamics, and introductions to customers and partners. Geographic proximity often leads to more engaged board members and advisors.

Frequently Asked Questions

How many investors and startups are in Montana?

We track 4 investors and 0 startups in Montana. 2 investors have made recent investments, and 0 startups are generating revenue.

What is the typical check size for investors in Montana?

The average check size among investors in Montana is $75K. Check sizes vary by investor type — angels typically write smaller checks while VCs and funds invest larger amounts.

How do I connect with investors in Montana?

Upload your pitch deck on The Founders' Group landing page for a free AI analysis. Our matching algorithm considers sector focus, stage fit, check size, location, and thesis alignment to recommend the most relevant investors for your startup.

What sectors are most popular in Montana?

The most active sectors in Montana based on our data include DEVELOPER_TOOLS, AI_ML, IOT. However, investors and startups in our directory span all major sectors.

Which cities in Montana have the most startup activity?

The highest concentration of investors and startups in Montana is in Bozeman. These cities have the strongest local ecosystems for fundraising and startup growth.