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Narya Capital

North America, Ohio, United States, Columbus

Description

Narya Capital is an early-stage venture capital firm headquartered in Columbus, Ohio, co-founded by U.S. Senator J.D. Vance and seasoned venture capitalist Colin Greenspon. Established with a vision to back technology and science-driven solutions, Narya Capital distinguishes itself by primarily focusing on companies outside the traditional coastal tech hubs, particularly within the American heartland. The firm's investment thesis centers on identifying and nurturing innovative startups that address critical national needs, spanning sectors such as advanced manufacturing, defense technology, and healthcare innovation.

The firm's investment strategy is deeply rooted in supporting founders who are building foundational technologies and products, often leveraging advancements in artificial intelligence, robotics, and biotechnology. Narya Capital aims to provide not just capital but also strategic guidance and access to a robust network, helping portfolio companies scale and achieve significant impact. Their geographic focus is a deliberate effort to tap into overlooked talent pools and foster economic growth in regions historically underserved by venture capital.

Narya Capital has successfully raised two significant funds to date. Their inaugural fund, Narya Ventures I, LP, closed at $50 million in 2020, establishing their presence in the early-stage investment landscape. Building on this momentum, the firm subsequently closed its second fund, Narya Ventures II, LP, at $100 million in 2022, signaling increased capacity and ambition. With these funds, Narya Capital typically invests between $500,000 and $5 million in initial checks, targeting seed to Series A stage companies. This enables them to support a diverse range of promising ventures, from nascent ideas to those ready for significant market penetration.

Investor Profile

Narya Capital has backed more than 22 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 18% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Health Care, Artificial Intelligence (AI), Aerospace.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series B (27%)
  • Series C (23%)
  • Series A (18%)
  • Seed (14%)
  • Series Unknown (14%)
  • Series D (5%)

Country Focus

  • United States (95%)
  • Canada (5%)

Industry Focus

  • Health Care
  • Artificial Intelligence (Ai)
  • Aerospace
  • Machinery Manufacturing
  • Military
  • Elderly
  • Health Insurance
  • Information Technology
  • Medical
  • Biotechnology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Narya Capital frequently co-invest with?

Riot Ventures
North America, California, United States, Los Angeles
Co-Investments: 3
XYZ Venture Capital
North America, California, United States, San Francisco
Co-Investments: 4
CH
North America, North Carolina, United States, Raleigh
Co-Investments: 3
Bluebird Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
Addition
North America, New York, United States, New York
Co-Investments: 3
Eclipse Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
Foresite Capital
North America, California, United States, San Francisco
Co-Investments: 3
Susa Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Maverick Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Dexcel Pharma
Asia, Yerushalayim, Israel, Jerusalem
Co-Investments: 3

Which angels does Narya Capital often collaborate with?

Shared Deals: 1
SM
North America, Indiana, United States, Granger
Shared Deals: 1
PT
North America, California, United States, San Francisco
Shared Deals: 4
PM
North America, Virginia, United States, Charlottesville
Shared Deals: 1
RF
North America, Georgia, United States, Atlanta
Shared Deals: 1
Derick Cooper
North America, Florida, United States, Vero Beach
Shared Deals: 1
D.A. Wallach
North America, California, United States, Los Angeles
Shared Deals: 1
BA
North America, New York, United States, New York
Shared Deals: 1
WK
North America, District of Columbia, United States, Washington
Shared Deals: 1
HL
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Narya Capital?

True Anomaly

Centennial, Colorado, United States

True Anomaly is builds space security and resilience at the intersection of spacecraft, software, and autonomy.

AerospaceArtificial Intelligence (AI)ManufacturingMilitaryNational Security
Series CApr 30, 2025
Amount Raised: $260,000,000
Chapter

New York, New York, United States

Chapter offers a Medicare navigation platform that provides advisory services for seniors seeking health coverage.

ElderlyHealth CareHealth InsuranceMedical
Series DApr 16, 2025
Amount Raised: $75,000,000
Strive Asset Management

Columbus, Ohio, United States

Strive mission is to restore the voices of everyday citizens in the American economy by companies to focus on excellence over politics.

Financial Services
Series BJul 23, 2024
Amount Raised: $30,000,000
ValueBase

Durham, North Carolina, United States

ValueBase is a software provider that focuses on offering cutting-edge options for real estate assessment.

Information TechnologyReal EstateSoftware
SeedJun 17, 2024
Amount Raised: $6,300,000
Chapter

New York, New York, United States

Chapter offers a Medicare navigation platform that provides advisory services for seniors seeking health coverage.

ElderlyHealth CareHealth InsuranceInformation TechnologyMedical
Series CMay 14, 2024
Amount Raised: $50,000,000
True Anomaly

Centennial, Colorado, United States

True Anomaly develops space security technologies using AI, software, and spacecraft to enhance global security and sustainability.

AerospaceArtificial Intelligence (AI)Machinery ManufacturingMilitarySpace Travel
Series BDec 12, 2023
Amount Raised: $100,000,000
Atomic Industries

Warren, Michigan, United States

Atomic Industries is a computational manufacturing company building an AI-powered tool and die maker.

Artificial Intelligence (AI)IndustrialIndustrial AutomationIndustrial ManufacturingMachine LearningMachinery ManufacturingManufacturing
SeedDec 4, 2023
Amount Raised: $17,000,000
True Anomaly

Centennial, Colorado, United States

True Anomaly develops space security technologies using AI, software, and spacecraft to enhance global security and sustainability.

AerospaceArtificial Intelligence (AI)Machinery ManufacturingMilitarySpace Travel
Series AApr 6, 2023
Amount Raised: $17,000,000
True Anomaly

Centennial, Colorado, United States

True Anomaly develops space security technologies using AI, software, and spacecraft to enhance global security and sustainability.

AerospaceArtificial Intelligence (AI)Machinery ManufacturingMilitarySpace Travel
Series UnknownDec 6, 2022
Amount Raised: $16,000,000
Branch

Columbus, Ohio, United States

Branch is an insurance company that offers auto and home insurance services.

Auto InsuranceInsuranceInsurTechProperty Insurance
Series CJun 8, 2022
Amount Raised: $147,000,000