GRA Venture Fund
GRA Venture Fund is a public-private venture capital fund affiliated with the Georgia Research Alliance that invests equity capital in research-driven, science and technology startups based in Georgia.
- Company typePrivate
- Founded2009
- HeadquartersAtlanta, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What GRA Venture Fund does
GRA Venture Fund is a public-private venture capital fund that invests in research-driven, Georgia-based startup companies. The fund is affiliated with the Georgia Research Alliance, a state-level entity, and operates as GRA Venture Fund, LLC from its headquarters at 270 Peachtree Street NW, Suite 2200, in Atlanta, Georgia. The fund focuses on science and technology enterprises emerging from Georgia's research institutions and applies the scrutiny of institutional investors to its deal selection process.
The fund describes itself as one of the largest venture capital funds in Georgia, with a portfolio spanning multiple technology sectors including cybersecurity, healthcare diagnostics, enterprise software, and advanced materials. Documented portfolio companies include EarliTec DX (FDA-cleared autism detection platform), Pindrop (voice security), Apptega (cybersecurity compliance), Dragos (industrial cybersecurity), Micron, Codoxo, Altesa, and others, with investments recorded continuously from 2017 through 2025. The investment cadence increased from approximately two deals per year in 2017–2020 to roughly four deals per year in 2021–2023.
The fund's business model is structured around equity investment returns rather than product or service revenue. Returns are realized through liquidity events such as IPOs, acquisitions, and secondary transactions when portfolio companies exit. Deal flow is sourced primarily through the fund's partnership with Georgia Research Alliance, providing preferential access to research institution spinouts and technology transfer opportunities. The fund does not disclose pricing, AUM, management fees, or revenue figures in the available source data.
GRA Venture Fund firmographics
Firmographics- Name
- GRA Venture Fund
- Legal name
- GRA Venture Fund, LLC
- Website
- http://www.graventurefund.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GRA Venture Fund is a public-private venture capital fund affiliated with the Georgia Research Alliance that invests equity capital in research-driven, science and technology startups based in Georgia.
- Ownership category
- akta.pro rank
GRA Venture Fund industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where GRA Venture Fund is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
GRA Venture Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Revenue model
- Investment Returns: As a venture capital fund, GRA Venture Fund generates returns through equity investments in portfolio companies. Returns are realized through IPOs, acquisitions, and secondary transactions when portfolio companies achieve liquidity events.
Go-to-market motion1 record
Marketing channels2 records
GRA Venture Fund product offering
Product offeringCore offering
GRA Venture Fund is a public-private venture capital fund that makes equity investments in research-driven, Georgia-based startup companies originating from science and technology research. The fund deploys capital into early-to-growth-stage enterprises across sectors including cybersecurity, healthcare diagnostics, enterprise software, advanced materials, and semiconductors, and earns returns through IPOs, acquisitions, and secondary transactions.
Product overview
GRA Venture Fund is a public-private venture capital fund that invests in research-driven, Georgia-based startup companies. Rather than offering a technology product, the fund provides investment capital and strategic support to early-stage companies. The fund's portfolio spans multiple technology sectors including cybersecurity, healthcare diagnostics, enterprise software, and advanced materials. Notable portfolio companies mentioned include EarliTec DX (FDA-cleared autism detection platform), Pindrop (voice security), Apptega (cybersecurity compliance), Dragos (industrial cybersecurity), Micron (semiconductor technology), and others across diverse technology domains.
Differentiator
Problem solved
Functional benefit
Products and services
- GRA Venture Fund Equity Investment Program Equity capital investment program targeted at research-driven, Georgia-based startup companies in science and technology sectors. The fund provides growth capital to early and growth-stage enterprises that have passed due diligence scrutiny, with portfolio spans spanning cybersecurity, healthcare diagnostics, enterprise software, advanced materials, and semiconductors.
Companies that use GRA Venture Fund
Customer profileSegments1 record
Ideal customer profiles1 record
GRA Venture Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
GRA Venture Fund partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Georgia Research AlliancecoreGRA Venture Fund maintains a close relationship with Georgia Research Alliance, which is referenced in the footer and appears to be the parent/public entity behind the fund. The partnership provides deal flow from Georgia's research institutions and universities, facilitating access to spinout opportunities and technology transfer ventures.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
GRA Venture Fund competitors and assessment
Company assessmentRegional players
- IDEA Fund Partners: Durham, North Carolina-based early-stage VC firm investing across the Southeast US. Comparable in stage and regional tech focus, but operating in adjacent states rather than directly inside Georgia.
- JumpStart Inc. Cleveland, Ohio-based venture development organization supporting early-stage tech companies with state-affiliated and philanthropic capital. Comparable as a public-affiliated regional VC, but in a different state and ecosystem.
- Innova Memphis: Memphis-based venture capital firm investing in early-stage technology and healthcare ventures originating from research institutions. Comparable as a research-institution-affiliated VC, but in a different geographic market.
Broad incumbents
- Techstars: Global accelerator and early-stage investor with a far broader portfolio and international reach. While not a direct competitor, it serves as a comparable early-stage investor in technology startups and is a likely co-investor or funnel for GRA Venture Fund's research-driven deals.
Direct peers
- Noro-Moseley Partners: Georgia-based venture capital firm investing in early-stage technology and healthcare companies. Closely comparable in geographic focus, stage, and sector breadth to GRA Venture Fund.
- BIP Ventures: Atlanta-based venture capital firm investing in early-to-growth-stage technology companies across the Southeast. Directly comparable in geography, stage, and sector focus to GRA Venture Fund.
- TTV Capital: Atlanta-based venture capital firm focused on early-stage technology and fintech companies. Operates in the same metro/region and stage band as GRA Venture Fund.
- Fulcrum Equity Partners: Atlanta-based private equity/venture firm investing in tech-enabled services and healthcare companies. Comparable Georgia base and growth-stage tech/healthcare overlap with GRA Venture Fund's portfolio.
- Atlanta Technology Angels: Atlanta-based angel investor network focused on early-stage technology startups in Georgia. Comparable in regional sourcing and early-stage tech investing, even though it is angel rather than institutional VC.
- Engage Ventures: Atlanta-based venture capital firm supporting early-stage technology companies, often founded by corporate operators. Direct overlap in Atlanta geography and early-stage tech focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
GRA Venture Fund social profiles
Digital presenceGRA Venture Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
GRA Venture Fund leadership team
Management profileNumber of profiles
Profiles1 record
GRA Venture Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GRA Venture Fund M&A and investment
M&A and investmentM&A
Investments28 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GRA Venture Fund
What does GRA Venture Fund do?
GRA Venture Fund is a public-private venture capital fund that makes equity investments in research-driven, Georgia-based startup companies originating from science and technology research. The fund deploys capital into early-to-growth-stage enterprises across sectors including cybersecurity, healthcare diagnostics, enterprise software, advanced materials, and semiconductors, and earns returns through IPOs, acquisitions, and secondary transactions.
Is GRA Venture Fund a public or private company?
GRA Venture Fund is a private company. It is classified as state government owned and is currently operating.
When was GRA Venture Fund founded?
GRA Venture Fund was founded in 2009. It employs 11 to 50 people.
Where is GRA Venture Fund based?
GRA Venture Fund is headquartered in Atlanta, United States, in the North America region.
How does GRA Venture Fund make money?
One revenue line is on record: investment Returns.
Who are GRA Venture Fund's main competitors?
Regional players on record are IDEA Fund Partners, JumpStart Inc. and Innova Memphis. Techstars is listed as a broad incumbent. Direct peers are Noro-Moseley Partners, BIP Ventures, TTV Capital, Fulcrum Equity Partners, Atlanta Technology Angels and Engage Ventures.
Does GRA Venture Fund have an API?
No public API is recorded for GRA Venture Fund.
What industry is GRA Venture Fund in?
GRA Venture Fund's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 5259.