Nashville Capital Network
Nashville Capital Network is a venture capital firm founded in 2003 that invests $2–10M in early-stage healthcare and technology companies in the Southeast US (primarily with $1M+ ARR), leveraging a network of executive investor partners to source, diligence, and support portfolio companies across four funds totaling $200M AUM.
- Company typePrivate
- Founded2003
- HeadquartersNashville, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Nashville Capital Network does
Nashville Capital Network (NCN) is a venture capital firm founded in 2003 and headquartered in Nashville, Tennessee, that provides early-stage ("acceleration") capital to healthcare and technology companies primarily in the Southeast United States. The firm operates a network-based model, leveraging a curated investor partner base of founders and executives from successful healthcare and technology companies to source deals, conduct diligence, and provide board-level and operational support to portfolio companies. NCN invests $2–10M per round in companies with at least $1M in ARR, with a stated focus on high-growth potential.
NCN manages four fund vehicles totaling approximately $200M in assets under management, the most recent being Fund IV launched in April 2022 with $70M in investor commitments. The firm reports 69 portfolio companies since inception and $14B in aggregate enterprise value created across the portfolio. Core products include the investment capital itself, the investor partner network, the NCN Angels co-investment group, and the Fund IV vehicle. Notably, NCN does not sell a technology product — its "platform" is human capital and relationships spanning the Nashville healthcare ecosystem (HCA, Acadia Healthcare, Change Healthcare alumni) and broader Southeast tech community.
The firm generates revenue through two standard VC revenue streams: (1) management fees charged to limited partners of its managed funds (typically ~2% of committed capital on $200M AUM), and (2) carried interest (typically ~20% of profits above a hurdle) realized on portfolio exits. Notable exits include Aspire Health (Google Ventures recap, Anthem acquisition 2018), AxiaMed (Bank of America acquisition 2021), Emma (Insight Partners acquisition 2017), EnableComp (recapitalized by Primus 2017, later to Welsh Carson), Confirmation.com (Thomson Reuters), Contessa Health (Amedisys, $250M, 2021), XOi (KKR recapitalization January 2025), Concert (TPG Capital's Lyric 2025), HubSync (Thoma Bravo $100M+ growth investment 2025), and JumpCrew (iQor CXBPO 2025). The firm maintains a small internal team of 4–5 people, including Managing Partner Sid Chambless, Partner Chase Perry, VP Nolan Young, Director of Operations Morgan Pisano, and Executive Coordinator Sophie Dorning, with Tom Wylly serving as Chairman.
Nashville Capital Network firmographics
Firmographics- Name
- Nashville Capital Network
- Legal name
- Nashville Capital Network
- Website
- https://nashvillecapital.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Nashville Capital Network is a venture capital firm founded in 2003 that invests $2–10M in early-stage healthcare and technology companies in the Southeast US (primarily with $1M+ ARR), leveraging a network of executive investor partners to source, diligence, and support portfolio companies across four funds totaling $200M AUM.
- Ownership category
- akta.pro rank
Nashville Capital Network industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Geography-Focused Venture Capital (Regional/Emerging Markets) (FSANAAAE)
- akta.pro secondary industry
- Corporate Finance & Capital Advisory (BPAHADAB)
Keywords
Where Nashville Capital Network is headquartered
LocationHeadquarters
- HQ city
- Nashville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Nashville Capital Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management Fees: NCN manages multiple investment funds (Fund IV launched in 2022 with $70M in investor commitments) and earns management fees from Limited Partners.
- Carried Interest: NCN generates returns through carried interest (profit participation) from successful portfolio company exits, including companies like Aspire Health (acquired by Anthem in 2018), AxiaMed (acquired by Bank of America in 2021), Emma (acquired by Insight Partners in 2017), and XOi (recapitalized by KKR in January 2025).
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Nashville Capital Network product offering
Product offeringCore offering
Nashville Capital Network is a venture capital firm that provides acceleration capital ($2-10M rounds) to early-stage healthcare and technology companies with $1M+ ARR in the Southeast US. The firm invests through multiple funds (including NCN Fund IV, launched April 2022 with $70M in commitments) and leverages a network of investor partners who are founders and executives of successful healthcare and technology companies to source deals, provide board-level guidance, and accelerate portfolio companies.
Product overview
Nashville Capital Network (NCN) is a venture capital firm founded in 2003 that provides acceleration capital for early growth companies in healthcare and technology sectors. NCN operates as an investor network rather than a product company, offering investment capital ($2-10M rounds), access to an investor partner network of successful healthcare and tech executives, and platform resources. The firm has managed $200M across four funds, invested in 69 companies, and achieved $14B in enterprise value. NCN's approach focuses on companies with $1M+ ARR in the Southeast region.
Differentiator
Problem solved
Functional benefit
Products and services
- NCN Fund IV
- Acceleration Capital Investment Rounds
- NCN Angels
Quantifiable outcome
- $14B in enterprise value achieved across 69 funded companies
- +3 more outcomes
Companies that use Nashville Capital Network
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles2 records
Nashville Capital Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Nashville Capital Network partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Vanderbilt Owen Graduate School of Managementcore20-year partnership providing MBA students opportunities to apply classroom learning to real business situations. Many Owen Associates have gone on to work in finance and entrepreneurship communities. NCN supports the internship program.
- Nashville Health Care CouncilcoreNCN partners with the Nashville Health Care Council on joint events and panel discussions about healthcare ventures and capital, leveraging the council's industry presence in Nashville's healthcare ecosystem.
- Fred C. Goad, Jr. Legacy Award RecipientsminorThe Fred C. Goad, Jr. Legacy Award honors businesspeople who emulate Fred Goad's entrepreneurial and investment success. 2026 Recipient: Jim Kever. This award recognizes and engages successful entrepreneurs in the NCN community.
- Baker TillyminorSponsor listed on NCN's community page, providing professional services support to the NCN ecosystem.
- Bass, Berry & SimsminorSponsor and legal services provider to the NCN community of investors and portfolio companies.
- BradleyminorSponsor providing professional services to the NCN ecosystem.
- HighspringminorSponsor listed on NCN's community page.
- Holland & KnightminorSponsor and legal services provider to the NCN community.
- InsperityminorSponsor providing HR and business services to NCN ecosystem.
- LBMCminorSponsor and accounting/business services firm for NCN community.
- McDermott Will & EmeryminorSponsor and legal services provider to the NCN ecosystem.
- Butler SnowminorUnderwriter sponsor providing legal services to NCN community.
- HUB InternationalminorUnderwriter sponsor providing insurance services.
- JLLminorPatron sponsor - commercial real estate services.
Scale indicators5 records
Recent moves8 records
Expansion highlights6 records
Nashville Capital Network competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Nashville Capital Network social profiles
Digital presenceNashville Capital Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nashville Capital Network leadership team
Management profileNumber of profiles
Profiles6 records
Nashville Capital Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nashville Capital Network M&A and investment
M&A and investmentM&A
Investments61 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nashville Capital Network
What does Nashville Capital Network do?
Nashville Capital Network is a venture capital firm that provides acceleration capital ($2-10M rounds) to early-stage healthcare and technology companies with $1M+ ARR in the Southeast US. The firm invests through multiple funds (including NCN Fund IV, launched April 2022 with $70M in commitments) and leverages a network of investor partners who are founders and executives of successful healthcare and technology companies to source deals, provide board-level guidance, and accelerate portfolio companies.
Is Nashville Capital Network a public or private company?
Nashville Capital Network is a private company. It is classified as management employee owned and is currently operating.
When was Nashville Capital Network founded?
Nashville Capital Network was founded in 2003. It employs 1 to 10 people.
Where is Nashville Capital Network based?
Nashville Capital Network is headquartered in Nashville, United States, in the North America region.
How does Nashville Capital Network make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest.
Does Nashville Capital Network have an API?
No public API is recorded for Nashville Capital Network.
What industry is Nashville Capital Network in?
Nashville Capital Network's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAE, Geography-Focused Venture Capital (Regional/Emerging Markets), with a secondary code of BPAHADAB, Corporate Finance & Capital Advisory. Its NAICS code is 5239 and its SIC code is 6282.