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Office Locations:
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50 Lakeside Avenue
Burlington, VT 05401
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Energy & Clean Tech
Information Technology
Medical Device
Software & Internet
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The Fund at Hula is a Vermont-Based Venture Capital firm associated with Hula Incubator. Hula is an investment vehicle for Russ Scully and his Scully Interactive (see profile). Hula invests in seed and early-stage technology startups. The Fund supports innovative founders and disruptive technology through mentorship, connectivity, and access to capital. The Fund at Hula was born to support the Hula incubator community. Over 3 years of active investing, The Fund has supported 20+ Vermont-based companies. With increased venture activity in the northeast, The Fund seeks to invest more broadly across Northern New England. Areas of interest include: Deeptech, Greentech, Medtech, AI/ML, Electric Propulsion, Saas, and
Battery Tech.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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COMPANY STAGE | REVENUE |
Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
Early Stage | Minimal Revenue |
Growth Stage (also called Mid-stage) | $2M-$7M |
Expansion Stage (also called Late-stage) | $7M and greater |
Private Equity | |
Lower Middle Market | $10M-$249M |
Middle Market | $250M-$499M |
Upper Middle Market | $500M-$1B |
Large Cap | >$1B |
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