About McGovern Center
McGovern Center, an accelerator and incubator program founded in 2008, is based in Ithaca, United States. With a presence in 1 country, it has supported around 19 startups in sectors like Life Sciences, Enterprise Applications. As of Aug 2026, McGovern Center has witnessed 4 portfolio exits. Most notable companies in
its portfolio include Embark Veterinary, Wordpress and Kanvas Biosciences. The program primarily supports Seed startups based in United States. Its latest investment was a Undisclosed Seed round in Ionica Sciences on Feb 05, 2014.
Key Metrics
Founded Year
2008
Location
Ithaca, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
McGovern Center's List of Top Investments
McGovern Center has a portfolio of 19 companies. Their most notable investments include Embark Veterinary and Wordpress.Their portfolio spans across and United States. They have invested in Life Sciences, Enterprise Applications, High Tech and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by McGovern Center:Provider of DNA test kits for dogs that enable dog owners to provide better pet care. The test tracks more than 200,000 genetic markers. The test analyzes the dog's ancestry and provides an overview of both genetic disease risk and heritable traits so the owners can understand their dog’s health plans for the future. It also provides an app for dog owners to book an appointment and invite the Embark team to their homes to learn more about the test kit.
Key facts about Embark Veterinary
- Founded Year: 2015
- Location: Austin (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $94.3M
- Employee Count: 71 as on Jul 31, 2026
- Investors: SoftBank Vision Fund, F-Prime Capital and 19 Others
- Latest Funding Round: Series B, Jul 26, 2021, $*****
- Highlight: Editors' Pick

2. Wordpress
Provider of website hosting, domain name registration, and website building. It offers tools for creating websites, blogs, and online stores. Services include domain registration, website themes, and various plugins. The platform provides options for website design, email, and marketing.
Key facts about Wordpress
- Founded Year: 2005
- Location: United States
- Annual Revenue: £10M - £50M as on Dec 31, 2021
- Stage: Public
- Total Funding till date: $28K
- Employee Count: 1 as on Jul 31, 2026
- Investors: Orange, 8200 EISP and 11 Others
- Latest Funding Round: Seed, Nov 14, 2017, $*****
- Highlight: Public
Key facts about Kanvas Biosciences
- Founded Year: 2021
- Location: Ithaca (United States)
- Stage: Series A
- Total Funding till date: $77.5M
- Employee Count: 42 as on Jul 31, 2026
- Investors: DCVC, Uncommon Denominator and 11 Others
- Latest Funding Round: Series A, May 07, 2026, $*****
- Highlight: Editors' Pick
Developer of sustainable solid-state batteries. Its various applications, including electric vehicles, homes, and critical infrastructure. Its battery technology is designed to be safe, sustainable, and scalable.
Key facts about Factorial Energy
- Founded Year: 2013
- Location: Woburn (United States)
- Stage: Series D
- Total Funding till date: $244M
- Employee Count: 133 as on Jul 31, 2026
- Investors: North Sky Capital, YX Capital and 16 Others
- Latest Funding Round: Series D, Jan 07, 2026, $*****
- Highlight: Editors' Pick
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Key facts about Dimensional Energy
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $20M
- Employee Count: 43 as on Jul 31, 2026
- Investors: United Airlines, Elemental and 19 Others
- Latest Funding Round: Grant (prize money), Nov 13, 2025, $*****
McGovern Center's Investments by Stage
McGovern Center has made 1 investment in Seed stage.McGovern Center's Investments by Sector
McGovern Center has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences and Sustainability Tech. Notably, it has invested in 18 Tech companies, 14 Enterprise (B2B) companies, 6 Software companies and at least 6 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Life Sciences | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
McGovern Center's Investments by Geography
McGovern Center has made most investments in United States (1).McGovern Center's recent investments
McGovern Center has not made any investment in 2026 so far.Here are the most recent investments by McGovern Center:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 05, 2014 | United States | Seed | 5778 | - |
IPOs and Publicly Listed companies in McGovern Center's Portfolio
2 of McGovern Center's portfolio companies have become public. Wordpress got listed on the Bombay Stock Exchange (BSE), in Oct 2009.Here are McGovern Center's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 09, 2009 | - | - | 8861 | |
- | - | - | 1734 |
Acquired companies in McGovern Center's Portfolio
2 companies from McGovern Center's portfolio have been acquired. The most recent acquisition was Bactana Corporation in May 2025 by Kemin for $*****.Here are McGovern Center's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 15, 2025 | - | - | 1226 | |
Mar 19, 2024 | - | - | 8344 |
Co-investors of McGovern Center
Over the past 12 years, 5 investors have co-invested in McGovern Center's portfolio companies. This includes funds and angels.
- Invested before McGovern Center: DARPA has invested before McGovern Center.
- Invested after McGovern Center: A total of 4 investors have invested in McGovern Center's portfolio after their investments. Top Investors include America’s Seed Fund (1 company) and The Tech Garden (1 company).
