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Tech Council Ventures is an early-stage venture capital firm based in Summit, New Jersey, focusing on seed, Series A, and expansion-stage investments across various industries in the Mid-Atlantic region. Established in 2000 as NJTC Venture Fund, the firm rebranded to Tech Council Ventures to better reflect its affiliation with the New Jersey Technology Council. The firm invests between $500,000 and $2.5 million initially, providing additional support throughout the growth of the business.
Their areas of focus include advanced materials, energy, information technology, and healthcare. Tech Council Ventures operates as a Registered Investment Adviser, managing a venture capital fund dedicated to fostering the development of promising startups. The firm's experienced investment team comprises Managing Partners Jim Gunton and Stephen Socolof, along with Entrepreneur in Residence Mark Kolb.
Over the years, Tech Council Ventures has achieved notable successes, with its predecessor fund ranking in the top 1% for investment returns in the U.S. venture capital asset class. The firm is affiliated with the New Jersey Technology Council, offering its portfolio companies an extensive network of customers, key team recruits, business partners, and service providers.
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United States