About Thornton Capital
Thornton Capital is a venture capital firm founded in 2019. It is primarily based out of Louisville, United States. As of Dec 2022, Thornton Capital has invested in 8 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Auto Tech to High Tech and Enterprise Applications. Most recently it participated in the $***** Series B round of BehaVR Overall, Thornton Capital portfolio has seen 1 IPO and 1 acquisition, namely AppHarvest and RealizedCare. A lot of funds co-invest with Thornton Capital, with names like Ulu Ventures sharing a substantial percentage of its portfolio. Thornton Capital has team of 10 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Thornton Capital's List of Top Investments
Thornton Capital has a portfolio of 8 companies. Their most notable investmentis in Switcher StudioTheir portfolio spans across and United States. They have invested in Auto Tech, High Tech, Enterprise Applications and 7 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Thornton Capital:1. AppHarvest
Platform utilizing high-tech indoor farming methods and robotics to produce non GMO fruits and vegetables. It is a sustainable food company that develops and operates large-scale high-tech indoor farms in Appalachia, utilizing robotics and artificial intelligence to cultivate non-GMO fruits and vegetables. The company aims to create a climate-resilient food system and provide freshly grown American produce for national retailers.
Key facts about AppHarvest
- Founded Year: 2014
- Location: Morehead (United States)
- Annual Revenue: $14.6M as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $150M
- Employee Count: 200 as on Jul 01, 2024
- Investors: ValueAct Capital, Revolution and 8 Others
- Latest Funding Round: Post IPO, Aug 06, 2020, $*****
- Highlight: Public

2. RealizedCare
Provider of digitally-powered chronic pain management platform. It offers personalized support through a care management platform incorporating virtual reality interventions, AI-driven assistance, and personal coaching. The platform facilitates access to physical therapists and an online support community. It provides a fully managed solution for health plans and employers, also offering its immersive programs separately for in-clinic use by clinicians. The process includes member identification, triage, digital intervention, cost reduction strategies, and ongoing care.
Key facts about RealizedCare
- Founded Year: 2016
- Location: Elizabethtown (United States)
- Stage: Acquired
- Employee Count: 29 as on Dec 31, 2023
- Investors: Optum Ventures, HP Tech Ventures and 10 Others
- Highlight: Acquired
3. EdjSports
EdjSports provides sports analytics services. The platform is involved in providing on intra-game risk management decisions with a prime focus for NFL coaches. Some of the professionals associated with the platform include physicists, mathematicians, engineers, programmers, and game theorists among others.
Key facts about EdjSports
- Founded Year: 2013
- Location: Louisville (United States)
- Stage: Seed
- Total Funding till date: $1.12M
- Employee Count: 19 as on Jul 01, 2024
- Investors: Keyhorse Capital, Cascade Seed Fund and 2 Others
- Latest Funding Round: Seed, Nov 06, 2019, $*****

4. Mile Auto
Internet-first usage-based auto insurance platform for individuals. It offers insurance based on the driving behavior of the car owner. It enables users to pay for the rides according to the miles ridden. It also provides tools for calculating savings on each ride.
Key facts about Mile Auto
- Founded Year: 2017
- Location: Atlanta (United States)
- Stage: Seed
- Total Funding till date: $16.6M
- Employee Count: 23 as on Jul 01, 2024
- Investors: G2T3V, Emergent Ventures and 6 Others
- Latest Funding Round: Seed, Jun 14, 2023, $*****
- Highlight: Editors' Pick

5. BehaVR
Provider of digital therapeutics solutions using virtual reality to address mental and behavioral health challenges. The platform aims to educate, motivate, and activate healthy behavior, leveraging the psychological and neurological power of VR to improve mental and physical well-being.
Key facts about BehaVR
- Founded Year: 2016
- Location: Elizabethtown (United States)
- Stage: Series B
- Total Funding till date: $20.7M
- Employee Count: 46 as on Jul 01, 2024
- Investors: Optum Ventures, Accenture and 5 Others
- Latest Funding Round: Series B, Dec 13, 2022, $*****
- Highlight: Editors' Pick
Thornton Capital's Year-on-Year Investment Trends
Thornton Capital has invested in 8 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in BehaVR.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
Thornton Capital's Investments by Stage
Thornton Capital has made 1 investment in Seed stage with an average round size of $10.3M, 1 investment in Series A stage with an average round size of $3.01M and 1 investment in Series B stage with an average round size of $13M.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Thornton Capital's Investments by Sector
Thornton Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, AR VR - Industry Applications and Auto. Notably, it has invested in 7 Tech companies, 6 Enterprise (B2B) companies, 4 Consumer (B2C) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 2 |
High Tech | 2 |
AR VR - Industry Applications | 1 |
Auto | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Thornton Capital's Investments by Geography
Thornton Capital has made most investments in United States (3).Thornton Capital's recent investments
Thornton Capital has not made any investment in 2026 so far.Here are the most recent investments by Thornton Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 13, 2022 | United States | Series B | 4756 | [+4] | |
May 24, 2021 | United States | Seed | 6848 | [+2] | |
Apr 28, 2020 | United States | Series A | 1755 | - |
IPOs and Publicly Listed companies in Thornton Capital's Portfolio
1 of Thornton Capital's portfolio company became public - AppHarvest. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2020.Here are Thornton Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 19, 2020 | - | - | 7807 |
Acquired companies in Thornton Capital's Portfolio
1 company from Thornton Capital's portfolio has been acquired. The most recent acquisition were RealizedCare in Feb 2025 by XRHealth.Here are Thornton Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2025 | - | - | 5561 |
Team profile of Thornton Capital
Thornton Capital has a team of 10 members including 4 Partners located in United States. Thornton Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Thornton Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Louisville | - | ||
Partner | Louisville | - | ||
Partner | Louisville | - | ||
Partner | Boston | - | - |
Co-investors of Thornton Capital
Over the past 6 years, 16 investors have co-invested in Thornton Capital's portfolio companies. This includes funds and angels.
- Invested before Thornton Capital: HHS, Venture Connectors and 5 others have invested in rounds before Thornton Capital. There is 1 company where HHS has invested before Thornton Capital and 1 company where Venture Connectors has invested before Thornton Capital.
- Top Co-investors of Thornton Capital: 8 investors entered a company along with Thornton Capital. These include investors like Ulu Ventures (1 company).
- Invested after Thornton Capital: Render Capital (1 company) is the only investor which has invested in Thornton Capital's portfolio after their investments.
Recent News related to Thornton Capital
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Dyneval funding aims to boost food productionDaily Business•Apr 28, 2023•Kelvin Capital, Scottish Enterprise, Gabriel Investments, Par Equity and 3 others
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BehaVR and OxfordVR Combine and Raise $13M Series B FundingFinSMEs•Dec 15, 2022•RealizedCare, OxfordVR, Optum Ventures, Oxford Science Enterprises and 5 others
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Atlanta-based InsurTech startup Mile Auto raises $10.3M in funding to disrupt the $311 billion car insurance market by letting drivers pay only for what they useTechStartups.com•May 24, 2021•Mile Auto, Ulu Ventures, Emergent Ventures, Thornton Capital and 2 others
