FundedIQ

Recently Funded Startups in Montana

Updated Oct 2026

There are 42 funded startups in Montana in the FundedIQ database, each with its funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Montana, along with the 42 most recently funded startups there.

Startups in Montana closed 13 funding rounds over the last 24 months, 6 of them in the last 12 months, and raised $172M in disclosed capital. The median disclosed round is $5.3M, with the middle half of rounds falling between $183K and $18M. Artificial Intelligence, Biotechnology and Apps hold the most companies by sector. Bozeman and Missoula hold the deepest concentrations of funded startups in Montana.

Activity centers on a few primary cities. While Series A firms lead the segment, the geographic spread remains tight. This concentration means a regional strategy focuses on specific urban pockets rather than a broad state search. Most teams operate within mid-sized headcount bands, reflecting a cluster of established growth companies in a few select Montana towns.

Montana funded startup statistics

Funded startups in Montana
42
tracked in the database
Funding rounds, last 12 months
6
13 over 24 months
Disclosed capital raised, 24 months
$172M
10 of 13 rounds disclosed an amount
Median round size
$5.3M
middle half $183K to $18M

Most recent funding round on record: May 2026.

42 most recently funded startups in Montana

42 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

S
Bozeman, United States · Consumer Goods
Solum is a sustainable materials company developing bio-based rubber additives replacing toxic petrochemical…
Series Unknown ·
$1.1M
A
Harlem, United States · Non-profit Organizations
Afrikana is a Harlem‑based nonprofit that supports Black, Arab, and Muslim migrants and low‑income community…
Series Unknown ·
$20k
W
Kalispell, United States · Food and Beverage
Whitefish offers craft cocktails, distillery tours, liquor sales, special events, and cocktail classes.
Series Unknown ·
$20k
Z
Bozeman, United States · Consumer Goods
Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
Series A ·
$21M
O
Missoula, United States · Apps
onXmaps is a Montana-based mobile apps company which provide maps for hunters and other outdoor recreation.…
Private Equity ·
Undisclosed
L
Hamilton, United States · Agriculture and Farming
Local Bounti is an agriculture company delivering herbs, vegetables, and other produce to service wholesale…
Series Unknown ·
$10M
R
Bozeman, United States · Artificial Intelligence (AI)
Reveal Technology specializes in visual analytics and edge artificial intelligence (AI) solutions.
Series B ·
$30M
S
Billings, United States · Health Care
Smart Step Surgical provides a clever, adaptable platform that enhances ergonomics for surgical staff.
Seed ·
$670k
D
Whitefish, United States · Artificial Intelligence (AI)
DeliverFund develops solutions and advanced technology to combat human trafficking by targeting the…
Series Unknown ·
$20k
P
PassCash
Kalispell, United States · Commerce and Shopping
Pre-Seed ·
Undisclosed
P
Bozeman, United States · Food and Beverage
Clean, tasty meals delivered right to your door in 90 seconds! Check out the options that are low-carb,…
Series Unknown ·
Undisclosed
S
Bozeman, United States · Biotechnology
SiteOne Therapeutics is a San Francisco-based company that develops novel therapeutics and diagnostics. They…
Series C ·
$100M
C
Code Girls United
Kalispell, United States · Community and Lifestyle
Code Girls United provides participants with the tools to enhance their opportunities for upward mobility in…
Series Unknown ·
Undisclosed
A
Alosant
Bozeman, United States · Apps
Alosant is the top provider of native mobile apps branded specifically for lifestyle-focused master planned…
Series A ·
Undisclosed
S
Missoula, United States · Artificial Intelligence (AI)
Submittable provides software tools for grant management and corporate social responsibility, helping…
Series Unknown ·
$92M
S
Bigfork, United States · Health Care
Swan Valley Medical creates disposable surgical tools and accessories specifically for urology procedures.…
Series Unknown ·
$40k
L
Bozeman, United States · Commerce and Shopping
LandTrust exists to strengthen the relationship between private landowners and the outdoor recreation…
Series Unknown ·
$1.2M
P
Bozeman, United States · Biotechnology
Established in 2016, Proximia has transformed how authentication is done by combining cyber and physical…
Series Unknown ·
$500k
T
Missoula, United States · Software
TOMIS is a designer of a visit administrator promoting knowledge programming. This stage dissects promoting…
Seed ·
$1.8M
M
Bozeman, United States · Energy
MagDrive Technologies is a valve drive system powered by magnets that can generate torque. It was established…
Seed ·
$2.0M
B
Belgrade, United States · Science and Engineering
Bridger Aerospace specializes in aerial firefighting services, utilizing advanced technology and sustainable…
Series Unknown ·
$9.8M
B
Bozeman, United States · Blockchain and Cryptocurrency
Blocky helps people trust data. Our novel blockchain solution, Zipperchain, scales to millions of…
Seed ·
$110k
O
Kalispell, United States · Hardware
OPiO has engineered the inaugural robotic system for assembling doses in opioid treatment programs, enhancing…
Seed ·
$900k
G
Bozeman, United States · Hardware
For more than two decades, Golden Helix has been providing top-notch bioinformatics solutions to drive…
Series Unknown ·
$400k
I
Bozeman, United States · Artificial Intelligence (AI)
Ignis Technologies develops a fire intelligence platform for firefighters. It is designed to reduce the…
Series Unknown ·
$700k
E
Billings, United States · Education
Elation offers a resilience program based on neuroscience that helps teams minimize their chances of…
Seed ·
$100k
M
Missoula Family YMCA
Missoula, United States · Community and Lifestyle
The Missoula Family YMCA is dedicated to promoting the growth of young individuals, promoting wellness, and…
Series Unknown ·
Undisclosed
4
Billings, United States · Agriculture and Farming
We at 406 Bovine want to ensure that every livestock producer has access to the greatest technology. Our…
Series Unknown ·
$710k
B
Butte, United States · Biotechnology
Leading commercial biomineralization company in the world is BioSqueeze Inc., with its headquarters in Butte,…
Series A ·
$7.4M
B
Bozeman, United States · Energy
Bridger Photonics is a LiDAR solutions provider, enabling new capabilities and improving efficiency for…
Venture - Series Unknown ·
$55M
X
Belgrade, United States · Health Care
Xtant Medical, a medical company, manufactures, markets, and develops regenerative medicine products and…
Post-IPO Equity ·
$9.8M
B
Black Mountain Software
Polson, United States · Financial Services
Dark Mountain Software is a supplier of asset bookkeeping, finance and utility charging arrangements.
Private Equity ·
Undisclosed
F
Missoula, United States · Financial Services
Fundid is a financial services company helping businesses get the capital they need to grow. The company is…
Seed ·
$3.3M
B
Harlem, United States · Commerce and Shopping
Helping creators and creative organizations turn their Intellectual Property into digital-asset-based…
Pre-Seed ·
$30k
Q
Bozeman, United States · Artificial Intelligence (AI)
Quiq is a customer service messaging platform that makes it easy for customers to interact with a company. It…
Series C ·
$25M
V
Missoula, United States · Consumer Goods
Vault Comics actively develops its library across a wide range of media, including film, television, audio…
Venture - Series Unknown ·
$100k
2
Hamilton, United States · Financial Services
24 Exchange renders multi-asset trading platform for professional quants and active traders.
Series B ·
$7.0M
G
Missoula, United States · Government and Military
Gaize is building the first real-time cannabis impairment detection product that's field deployable.
Seed ·
$1.2M
E
Columbia Falls, United States · Manufacturing
Esker Cycles grew out of late-night campfire talks under the stars, trailhead get-togethers with friends, and…
Equity Crowdfunding ·
$200k
N
Whitefish, United States · Artificial Intelligence (AI)
Neuro-ID is an analytics platform that provides actionable insight to reduce and detect fraud and online…
Series B ·
$35M
I
Missoula, United States · Biotechnology
Inimmune is focused on the discovery and development of novel immunotherapeutics for an array of disease…
·
$22M
B
Big Sky, United States · Apps
At Big Sky Health, we're passionate about helping people live healthier, longer lives. Information,…
·
$8.0M

Industries with the most funded startups in Montana

Sector counts across all 42 tracked companies in Montana. A company assigned more than one industry is counted in each.

Where are funded startups located in Montana?

Where funded startups in Montana are based, by the city on the company record.

City
Funded startups
Billings
3
Harlem
2
Whitefish
2
Big Sky
1
Bigfork
1

Funding stages in Montana

How the last 24 months of funding rounds for funded startups in Montana break down by stage.

A further 7 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Montana startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 42 funded startups in Montana currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (3 of 13 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Montana is dated May 2026.

The table above shows the 42 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Montana?

FundedIQ tracks 42 funded startups in Montana. This page lists the 42 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Montana raised?

Startups in Montana tracked by FundedIQ have raised $172M in disclosed capital across 13 funding rounds over the last 24 months, including 6 rounds in the last 12 months. 10 of those 13 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Montana?

Artificial Intelligence has the most, with 6 companies, followed by Biotechnology (4), Apps (3) and Commerce and Shopping (3). Sector counts include every company assigned that industry, and a company can carry more than one.

Which cities have the most funded startups in Montana?

Bozeman leads with 14 companies, then Missoula (8), Kalispell (4) and Billings (3).

What is a typical funding round size for startups in Montana?

The median disclosed round over the last 24 months is $5.3M, and the middle half of rounds fall between $183K and $18M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for startups in Montana?

Pre-Seed is the most common labelled stage, with 1 rounds in the last 24 months, ahead of Private Equity (1) and Seed (1). A further 7 rounds were announced without a stage label and are not counted here.

How often is the Montana startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Montana is dated May 2026. Counts and totals on this page are recomputed on every refresh.

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