Two Bear Capital.
Two Bear Capital.
We’re based in Whitefish, Montana, where the skies are wider, the opportunities brighter, and the thinking clearer.
From here we can see the future.
Two Bear Capital is led by Mike Goguen, a 20-year veteran of Sequoia Capital. Between 1996 and 2016 Mike sponsored and led 54 company investments to a combined market value exceeding $64 billion. Mike had 26 companies exit above $100 million – 11 of those above $500 million, 6 above $1 billion and 3 above $10 billion in peak market value. He led investments across sectors including cyber security, bioinformatics, biopharma, IT infrastructure, and semiconductors.
When you can work any place, the only thing that matters is place.
In the early 2000s Mike Goguen visited Whitefish, Montana and fell in love with its wide open spaces. It wasn’t long before he transitioned his 20-year career as a successful Silicon Valley VC to become a Montana-based philanthropist.
Since then, Mike has helped create and fund Two Bear Farm, a certified organic local farm; Two Bear Therapeutic Riding Center; and Two Bear Air Rescue, which has completed over 600 back country search and rescue missions. Currently, Mike is planning a biotech incubator in Whitefish.
Over time, Mike’s commitment to community service intersected with his entrepreneurial spirit. As new tools provided the ability to bring together talented people working at the forefront of innovative technology with start-up ecosystems around the country, Mike recognized a unique opportunity to connect access to capital with access to opportunity.
The result is Two Bear Capital.
We invest early in founder-led companies with disruptive innovations in AI, cybersecurity, healthcare, and biotech that can deliver dramatically better solutions to our toughest problems.
Our goal is ambitious: build a virtuous cycle of economic opportunity, create high impact companies along with jobs for communities, and in the process, change the world for the better.
In addition to capital, we provide our founders with the talent, skills, and experience required to guide their business through every stage of growth, from seed to market leadership.
The companies we help build are poised to deliver massive positive change along with exponential growth in value.