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Montana's Next Frontier Capital Announces Successful Final Close of Fund II with $38m in LP Commitments

March 7, 2018View for printing

"Submittable existed for 5 years before NFC started and found raising capital in Montana next to impossible," said Michael Fitzgerald, co-Founder and Chief Executive Officer of Submittable, based in Missoula, Montana. "Shortly after NFC arrived in 2015, we partnered with them and have since dramatically increased our growth rate -- 300% both in revenue and headcount. Their investment also attracted additional investment from Silicon Valley firms who wouldn't have previously been looking to Montana for opportunities. It's fair to say NFC has single handedly leveled the playing field for Montana startups."

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