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US Department of Commerce Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

US Department of Commerce Investment Overview

Portfolio Companies
127
Total Invested
$479.3M
Average Investment
$4.9M

US Department of Commerce's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
StartUp Rutland2022Grant$1.5MRutland
The University of New Mexico Taos2022Grant$701KRanchos De Taos
Skills for Rhode Island’s Future2022Grant$4.0MProvidence
Advanced Robotics for Manufacturing Institute2022Grant$14.2MPittsburgh
Persevere2022Grant$15.4MSalt Lake City
Southwestern Intermediary Finance Team2022Grant$3.0MWeatherford
Efactory2022GrantUndisclosedSpringfield
LabCentral2022Grant$250KHardwick
Rung for Women2022Grant$250KSt Louis
Greater MSP2021Grant$500KSaint Paul

Complete List of US Department of Commerce Portfolio Companies (127)

Export
#CompanyStageAmountLocation
101StartUp RutlandGrant$1.5MRutland, United States
102The University of New Mexico TaosGrant$701KRanchos De Taos, United States
103Skills for Rhode Island’s FutureGrant$4.0MProvidence, United States
104Advanced Robotics for Manufacturing InstituteGrant$14.2MPittsburgh, United States
105PersevereGrant$15.4MSalt Lake City, United States
106Southwestern Intermediary Finance TeamGrant$3.0MWeatherford, United States
107EfactoryGrantUndisclosedSpringfield, United States
108LabCentralGrant$250KHardwick, United States
109Rung for WomenGrant$250KSt Louis, United States
110Greater MSPGrant$500KSaint Paul, United States
Business DevelopmentConsultingVenture Capital

Investing in, attracting and retaining high-growth startups to Rutland, VT!

Rutland, United States
October 2022
$1.5M
Grant

Founder Contacts

30,000+ verified contacts

Education

The University of New Mexico Taos is an open-access, student-centered, low-cost college.

Ranchos De Taos, United States
October 2022
$701K
Grant

Founder Contacts

30,000+ verified contacts

EmploymentManagement ConsultingNon ProfitRecruiting

Skills for Rhode Island’s Future is to close the workforce skills gap for the unemployed in Rhode Island.

Providence, United States
September 2022
$4.0M
Grant

Founder Contacts

30,000+ verified contacts

Information TechnologyRoboticsSoftware

ARM is the nation’s leading collaborative in robotics and workforce innovation.

Pittsburgh, United States
September 2022
$14.2M
Grant

Founder Contacts

30,000+ verified contacts

Non Profit

Persevere, a 501(c)(3) non-profit organization with a mission to support at-risk and justice-impacted individuals.

Salt Lake City, United States
August 2022
$15.4M
Grant

Founder Contacts

30,000+ verified contacts

Funding PlatformNon ProfitSocial Impact

Southwestern Intermediary Finance Team offers business development services for the creation of employment opportunities.

Weatherford, United States
March 2022
$3.0M
Grant

Founder Contacts

30,000+ verified contacts

Business DevelopmentConsultingFinanceFinancial ServicesIncubatorsTraining

Efactory is a business resource center for entrepreneurs and startups in southwest Missouri

Springfield, United States
March 2022
Grant

Founder Contacts

30,000+ verified contacts

EducationHealth DiagnosticsMedicalOncology

LabCentral developing novel cancer treatments: Conkwest, Inc, headquartered in DelMar, California, is opening its research laboratory at

Hardwick, United States
January 2022
$250K
Grant

Founder Contacts

30,000+ verified contacts

Training

Rung for Women works with employers who use geospatial technology to meet their workforce needs.

St Louis, United States
January 2022
$250K
Grant

Founder Contacts

30,000+ verified contacts

Non Profit

GREATER MSP is the economic development partnership for the 15-county minneapolis saint paul region.

Saint Paul, United States
December 2021
$500K
Grant

Founder Contacts

30,000+ verified contacts

CommunitiesNon Profit

Opportunity Alabama is a nonprofit initiative dedicated to connecting investors with investable assets in Alabama’s Opportunity Zones.

Birmingham, United States
December 2021
Grant

Founder Contacts

30,000+ verified contacts

EdTechEducation

Iowa EdTech Collaborative is a network of internationally-known education companies.

Iowa City, United States
April 2021
$393K
Grant

Founder Contacts

30,000+ verified contacts

CommunitiesNon Profit

XLR8X is to stimulate economic development and create economic prosperity in Hawai’i.

Honolulu, United States
April 2021
$750K
Grant

Founder Contacts

30,000+ verified contacts

Management ConsultingNon Profit

401 Tech Bridge is a non-profit economic development organization.

Providence, United States
April 2021
$725K
Grant

Founder Contacts

30,000+ verified contacts

Business DevelopmentInfrastructureTraining

New Orleans Business Alliance is working with public and private partners to ensure that New Orleans residents and businesses.

New Orleans, United States
April 2021
$403K
Grant

Founder Contacts

30,000+ verified contacts

FinanceNon ProfitWealth Management

Secondmuse Foundation is to build a world with zero injustice and sustainable prosperity for everything, everyone, everywhere.

Bernalillo, United States
April 2021
$750K
Grant

Founder Contacts

30,000+ verified contacts

ConsultingNon Profit

New Mexico Trade Alliance partners with local, state and federal governments to provide export assistance.

Albuquerque, United States
April 2021
$750K
Grant

Founder Contacts

30,000+ verified contacts

GovernmentNon Profit

The Lawrence Partnership is a private/public sector collaboration for the economic development and improvement of the City of Lawrence.

Lawrence, United States
December 2020
$600K
Grant

Founder Contacts

30,000+ verified contacts

Angel InvestmentEducationFinancial ServicesFinTechSocial EntrepreneurshipVenture Capital

Student Associates conduct value-add projects and investment research for leading impact investment funds

Salt Lake City, United States
October 2020
$400K
Grant

Founder Contacts

30,000+ verified contacts

Enterprise ApplicationsNon Profit

Valleys Innovation Council is a non-profit organization that provides regional accelerator and mentoring programs for enterprises.

Blacksburg, United States
September 2020
$982K
Grant

Founder Contacts

30,000+ verified contacts

Association

Cleveland Water Alliance is a cross-sector network that spreads information and encourages original responses to freshwater problems.

Cleveland, United States
September 2020
$600K
Grant

Founder Contacts

30,000+ verified contacts

FinanceFinancial ServicesImpact InvestingVenture Capital

Access Ventures is an innovative impact multiplier committed to empowering people to live lives of purpose, significance, and value.

Louisville, United States
September 2020
$300K
Grant

Founder Contacts

30,000+ verified contacts

FinanceFinancial ServicesReal Estate

Equity Squared is drives equitable and inclusive investments in high-impact operating businesses and real estate projects.

Kansas City, United States
September 2020
$290K
Grant

Founder Contacts

30,000+ verified contacts

Non Profit

Mission Economic Development is dedicated to creating a workforce with 21st-century skills and a first-class environment.

Mission, United States
September 2020
$3.0M
Grant

Founder Contacts

30,000+ verified contacts

Association

Virgin Islands Professional Charter Association unifies, supports and furthers the capabilities of the marine charter industry.

Saint Thomas, United States
May 2020
$562K
Grant

Founder Contacts

30,000+ verified contacts

Showing 101-125 of 127 portfolio companies

Frequently Asked Questions About US Department of Commerce

How many companies has US Department of Commerce invested in?

US Department of Commerce has invested in 127 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does US Department of Commerce invest in?

US Department of Commerce's top investment sectors include Non Profit, Education, Finance, Financial Services, Business Development. The firm invests across 32 different industry categories.

What is US Department of Commerce's largest investment?

Among tracked funding rounds, Persevere received $15.4M in a Grant round. US Department of Commerce's total known invested capital is $479.3M.

What is the average investment size for US Department of Commerce?

US Department of Commerce's average investment size is $4.9M across its portfolio of 127 companies.

What are US Department of Commerce's most recent investments?

Recent US Department of Commerce portfolio additions include StartUp Rutland, The University of New Mexico Taos, Skills for Rhode Island’s Future, Advanced Robotics for Manufacturing Institute, Persevere. These companies were founded in 2020 or later.

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