About Montrose Lane
Montrose Lane is a venture capital firm founded in 2016. It is primarily based out of Houston, United States. As of Nov 2023, Montrose Lane has invested in 10 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Energy Tech. Most recently it participated in the $***** Series B round of Ambyint Overall, Montrose Lane portfolio has seen 4 acquisitions including key companies like Tachyus, Trivie and HUVRdata. A lot of funds co-invest with Montrose Lane, with names like billwood.ventures sharing a substantial percentage of its portfolio. Montrose Lane has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series B
Montrose Lane's List of Top Investments
Montrose Lane has a portfolio of 10 companies. Their most notable investments are in SitePro and Tachyus.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, High Tech, Energy Tech and 2 other sectors, across stages such as Series A, Series B stages. Here is the list of top investments by Montrose Lane:
1. Tachyus
Developer of software for operational optimization and emissions management solutions. The company provides platforms that use data, physics, and machine learning to create models. These models are used to optimize reservoir management decisions and perform analysis. The company's software helps industries account for, monitor, forecast, and report emissions to regulatory agencies.
Key facts about Tachyus
- Founded Year: 2013
- Location: Palo Alto (United States)
- Stage: Acquired
- Total Funding till date: $46.9M
- Employee Count: 25 as on Sep 30, 2026
- Investors: StartX, LeFrak and 16 Others
- Latest Funding Round: Series B, Jun 17, 2019, $*****
- Highlight: Acquired
2. Novi
Novi Labs is a US-based company focused on providing data analytic solutions to the shale-focused oil and gas operators. The Novi Solution uses the combination of machine learning, predictive analytics, data science and optimized oil and gas data models to drive critical well-planning workflows including well selection, completions design, lateral spacing, post-drill surveillance, acquisition & divestiture, developmental drilling pilots, and non-op well participation.
Key facts about Novi
- Founded Year: 2013
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $42M
- Employee Count: 143 as on Aug 31, 2026
- Investors: Invictus Growth, Montrose Lane and 1 Other
- Latest Funding Round: Series B, Jun 25, 2025, $*****
- Highlight: Editors' Pick
3. ENGAGE
App-based platform offering oilfield management solutions. The software platform can be used by upstream companies for digital ticket creation, real-time tracking of assets, workflow integration, predictive scheduling of services, real-time data analysis, e-signature & auditing service, supply chain management, digital ticket approval, geo-fencing for real-time tracking of asset & workforce movement, and inventory management. The mobile application is available on Google Play Store and Apple App Store.
Key facts about ENGAGE
- Founded Year: 2016
- Location: Denver (United States)
- Stage: Series C
- Total Funding till date: $7.24M
- Employee Count: 19 as on Aug 31, 2026
- Investors: Montrose Lane, Monfort Companies and 2 Others
- Latest Funding Round: Series C, Mar 20, 2026, $*****
- Highlight: Editors' Pick
4. SitePro
Provider of cloud-based software solutions for water and wastewater management. It provides digital oilfield solutions and real-time information for the management of water life-cycle in oil and gas companies. It provides features such as a touchscreen control system for e-ticketing of review and invoice, control and monitoring of pipeline volumes, pressures, flow rates, and real-time updating in the dashboard, cloud-based automation of solutions for disposal & recycling of wastewater, battery level, and pipeline monitoring, tank level monitoring and inventory management, surveillance of on-site operations, and much more.
Key facts about SitePro
- Founded Year: 2012
- Location: San Antonio (United States)
- Stage: Series E
- Total Funding till date: $16.2M
- Employee Count: 63 as on Aug 31, 2026
- Investors: Bandon Partners, Montrose Lane and 1 Other
- Latest Funding Round: Series E, Jul 30, 2024, $*****
- Highlight: Editors' Pick
5. Trivie
Trivie offers a platform for employee training and learning management. It is available both for individual and business users. It allows business users to create games based on their content to engage employees in the training process and also provides actionable operational insights on the progress. The features of the product include gamification, self-service, adaptive learning, analytics, etc. The product is offered on a subscription-based pricing plan. The clientele includes Subway, Unilever, PSI Testing Excellence, Anheuser-Busch, Philips, Charleston Southern University, etc.
Key facts about Trivie
- Founded Year: 2011
- Location: Dallas (United States)
- Stage: Acquired
- Total Funding till date: $20M
- Employee Count: 5 as on Aug 31, 2026
- Investors: RedHouse Associates, Montrose Lane and 1 Other
- Latest Funding Round: Series A, Jun 23, 2020, $*****
- Highlight: Acquired
Montrose Lane's Year-on-Year Investment Trends
Its most recent first time investment was in HUVRdata and most recent follow-on round was in Ambyint.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 2 | 1 | 3 |
2019 | 2 | 1 | 3 |
2018 | 3 | 0 | 3 |
2017 | 2 | 0 | 2 |
Montrose Lane's Investments by Stage
Montrose Lane has made 7 investments in Series A stage with an average round size of $8.71M and 2 investments in Series B stage with an average round size of $9.05M.Stage of entry | No. of Investments |
|---|---|
Series A | 7 |
Series B | 2 |
Note: We have considered here, only first round of investments
Montrose Lane's Investments by Sector
Montrose Lane has a diverse portfolio, with companies operating in the Enterprise Applications, Energy Tech, Vertical SaaS, High Tech and Internet of Things - Industry Applications. Notably, it has invested in 10 Enterprise (B2B) companies, 10 Tech companies, 9 Software companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
Energy Tech | 7 |
Vertical SaaS | 6 |
High Tech | 3 |
Internet of Things - Industry Applications | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Montrose Lane's Investments by Geography
Montrose Lane has made most investments in United States (8), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 8 |
Canada | 1 |
Note: We have considered here, only first round of investments
Montrose Lane's recent investments
Montrose Lane has not made any investment in 2026 so far.Here are the most recent investments by Montrose Lane:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 17, 2023 | Canada | Series B | 6929 | [+2] | |
Oct 05, 2020 | United States | Series A | 8309 | ||
Jun 23, 2020 | United States | Series A | 9607 | - | |
Feb 04, 2020 | Canada | Series B | 3484 | ||
Sep 05, 2019 | United States | Series A | 5899 | - |
Acquired companies in Montrose Lane's Portfolio
4 companies from Montrose Lane's portfolio have been acquired. The most recent acquisition was Tachyus in Jun 2026 by SLB for $*****.Here are Montrose Lane's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2026 | May 21, 2019 | Series B | 4705 | |
Jan 28, 2026 | Oct 05, 2020 | Series A | 9276 | |
Jan 29, 2024 | Jun 23, 2020 | Series A | 1037 | |
Dec 01, 2018 | Feb 07, 2018 | Series A | 7540 |
Team profile of Montrose Lane
Montrose Lane has a team of 2 members including 2 Partners located in United States. Montrose Lane's team does not sit on the board of any company as of now.Co-investors of Montrose Lane
Over the past 9 years, 24 investors have co-invested in Montrose Lane's portfolio companies. This includes only funds.
- Invested before Montrose Lane: Free Radical Ventures, Founders Fund and 10 others have invested in rounds before Montrose Lane. There are 2 companies where Free Radical Ventures has invested before Montrose Lane and 1 company where Founders Fund has invested before Montrose Lane.
- Top Co-investors of Montrose Lane: 7 investors entered a company along with Montrose Lane. These include investors like billwood.ventures (1 company).
- Invested after Montrose Lane: A total of 5 investors have invested in Montrose Lane's portfolio after their investments. Top Investors include Invictus Growth (1 company), Five Branches (1 company) and BDC (1 company).
Recent News related to Montrose Lane
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Ambyint Closes Funding RoundFinSMEs•Nov 17, 2023•Ambyint, BDC, Accelerate Fund, Mercury Fund and 1 other
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Cottonwood Leads Growth Investment in HUVRdataThe Wall Street Journal•Oct 05, 2020•HUVRdata, Montrose Lane, Cottonwood Venture Partners, Wild Basin Investments
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GoExpedi Appoints Anthony Thomas As Senior Vice President Of StrategyAiThority•Aug 13, 2020•GoExpedi, Montrose Lane, Cottonwood Venture Partners
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Cottonwood leads $5m round for TrivieVCJ•Jun 23, 2020•Trivie, Montrose Lane, Cottonwood Venture Partners
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Ambyint Secures $15 Million to Expand AI-Powered Production OptimizationBusiness Wire•Feb 04, 2020•Ambyint, Montrose Lane, Mercury Fund, Cottonwood Venture Partners
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Hitched Raises $5.5M in Series A FundingFinSMEs•Jan 07, 2020•Hitched, Montrose Lane, Cottonwood Venture Partners
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Engage Mobilize Completes Series A FundingFinSMEs•Sep 05, 2019•ENGAGE, Montrose Lane, Cottonwood Venture Partners
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Novi Raises $7 Million to Accelerate Growth for AI Well Planning Technology, Welcomes Scott Sherwood as CEOPRWeb•May 15, 2019•Novi, Montrose Lane
