3 Top Venture Capital Firms in Kentucky


Kentucky has a variety of strengths that make it the best place to do business in the US. These include low utility costs and unmatched logistical advantages. For the most part, Kentucky is within a day’s drive of two-thirds of the US population, right at the center of a 34-state distribution area with a fantastic startup ecosystem. Its location also primes it for successful business in distributing goods to a flourishing industrial and consumer market.

The Bluegrass State is a great place to find a dynamic venture capital firm. This guide will showcase some of the top VC companies on tap within the state of Kentucky. 

We also recommend checking out our full list of the top venture capital firms.

Top Venture Capital Firms in Kentucky Article.

Best Kentucky VC Firms

1.Chrysalis Ventures

  • Location: Louisville, KY
  • Industries: Technology
  • Stage: Series A
  • Notable Portfolio Companies: Advanced Academics, Embold Health, Swift Medical, AlayaCare

Chrysalis Ventures has assisted more than 70 technology-enabled companies across various sectors, including business services, communications, construction, education and corporate training, energy, government services, healthcare, human capital management, logistics, and media and entertainment. 

Chrysalis invests in businesses that offer creative, intelligent ideas in markets that have not always been synonymous with technology, so that they are able to expand organically.

2. Keyhorse Capital

  • Location: Louisville, KY
  • Industries: N/A
  • Stage: Seed
  • Notable Portfolio Companies: Allylix, ALT Distilling, BehaVR

Keyhorse Capital supports a vibrant community of Kentucky-based innovators as they build and grow innovative companies. The firm invests in early-stage businesses and technologies across multiple sectors and industries, backing entrepreneurs with a vision to "go the distance." 

Keystone believes that entrepreneurs pursuing big ventures are critical to the health of our society, and they work to assist startups as they achieve their goals. The firm collaborates with investors, advisors, and strategic companions to assist entrepreneurs in achieving early successes. 

3. Gilmartin Capital LLC

  • Location: Louisville, KY
  • Industries: Healthcare
  • Stage: Seed, Series A
  • Notable Portfolio Companies: Galvanize Therapeutics

Gilmartin Capital targets large or underserved disease areas and technologies that accelerate and expand human scientific discovery. These solutions are potentially life-changing in the delivery of care. 

Gilmartin invests in medical devices, life science tools, diagnostics, and digital health companies that are focused on opportunities that are ripe for significant development and growth.