Many factors make Wyoming an excellent ecosystem for successful business startups. The state has a low corporate tax rate and offers a variety of tax incentives for businesses, making it a very attractive place to do business. Additionally, the state has a highly educated workforce and a well-developed infrastructure, both of which are essential for businesses to thrive.
Overall, the state's business-friendly environment, skilled workforce, and excellent infrastructure make it a great place to start a business. There is a selection of VC firms that will ensure you receive the venture capital that your business needs.
We also recommend checking out our full list of the top venture capital firms.
Best Wyoming VC Firms
1. DiverseCity Ventures
- Location: Sheridan, WY
- Industries: Scalable, technology-enabled companies that have positive social, economic, or environmental impact and inclusive teams.
- Stage: Early Stage Venture, Non-Equity Assistance, Seed
- Notable Portfolio Companies: Proplanr, Multicultural, Humaxa, Fanalyze
Through venture capital, DiverseCity Ventures aims to accelerate positive social, economic, and environmental impacts. They invest in pre-seed technology-based startups with large consumer bases, suitable products and markets, and high return potential.
In addition, DiverseCity works with early-stage entrepreneurs, helping them to develop and expand their businesses. They also mentor, incubate, and accelerate entrepreneurs as a part of their dynamic investor, advisor, and founder network. DiverseCity seeks to alleviate funding gaps that disproportionately disadvantage underrepresented founders.
2. Legion Capital
- Location: Cheyenne, WY
- Industries: Cybersecurity, AI, Machine Learning, Block Chain
- Stage: Early Stage Venture, Seed, Series A
- Notable Portfolio Companies: Darkfield, Red Canary, IDVector, Carbon Black
Legion believes that operators who invent the best solutions to real problems cannot raise the right early-stage capital or get the right investment objectives, resulting in ideas that don't make it to market. Legion Capital provides seed- and angel-stage financing but maintains the ability to invest in Series A rounds.
Legion Capital provides seed- and angel-stage financing but maintains the ability to invest in Series A rounds. As an early-stage investor, they assist founders in making smart technology and marketing decisions. Legion believes that operators who invent the best solutions to real problems cannot raise the right early-stage capital or get the right investment objectives, resulting in ideas that don't make it to market.
3. Prime Movers Lab
- Location: Jackson, WY
- Industries: Human Augmentation, Energy, Transportation, Infrastructure, Manufacturing, Agriculture
- Stage: Early Stage, Late Stage, Seed
- Notable Portfolio Companies: E-Space, Boom, Commonwealth Fusion Systems, Turntide
Prime Movers provides comprehensive resources and integrated coaching to assist world-class technical experts in becoming outstanding executives. Their group has conducted in-depth academic scientific research, commercialized novel intellectual property, scaled massive firms, and mentored renowned scientists as they evolved into entrepreneurs.
Prime Movers make only a small number of investments so that they can investigate deeply with every Prime Mover they back and increase the chances of success.
4. Tykhe Block Ventures
- Location: Cheyenne, WY
- Industries: Blockchain, Cryptocurrency, Gaming, Information Technology
- Stage: Early Stage, Seed
- Notable Portfolio Companies: Solna, Polkadot, RMRK, Random Network
Since its inception in 2021, Tykhe Block Ventures has been one of the leading blockchain investment businesses in the United States. Tykhe Block Ventures invests in blockchain startups, holds liquid assets, and invests in decentralization technologies, digital assets, and infrastructure that supports them.
Tykhe Block Ventures comprises individuals with a passion, intimate knowledge of the technology industry, a history of 25 years of investing as an angel, and deep technology and financial background. As a result, they can maximize their results by combining crypto, traditional investing, and retail knowledge through a multidisciplinary approach.
5. Baseline Ventures
- Location: Jackson, WY
- Industries: Software, Ecommerce, Advertising, AI, Information Technology
- Stage: Early Stage, Late Stage, Seed
- Notable Portfolio Companies: Expensify, TINYpulse, AmchineZone, PopSugar
With enthusiasm for effecting change and diversified background from eBay, Microsoft, Kleiner Perkins, Starbucks, and Digital Equipment Corporation, Steve Anderson founded Baseline Ventures to bridge the divide between individual investors and institutional venture capitalists. Baseline has invested in over 100 companies, with founders and investors exiting profitably.
Baseline Ventures was listed on the Forbes Midas List from 2015 to 2020, a yearly listing of the best technology venture capital firms.
