
Latest fund size
$180M
Announced
May 2, 2026
Global HQ
United States
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Check size
$500K – $5M
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Stage focus
Pre-Seed, Seed
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Regions of investment
North America
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Ridgeline Ventures is an early-stage venture capital firm founded in 2019, investing in applied technology companies serving commercial enterprises and government customers. The firm operates from offices in Memphis, Washington D.C., and Los Angeles, and is backed by Fortune 500 corporations including FedEx and Cisco Investments.
Members only
Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.
Ridgeline focuses on companies building AI, advanced computing, hardware, and automation solutions for foundational industries: manufacturing, logistics, energy, and defense. The firm specifically targets startups that can validate technology with demanding enterprise customers and then scale into government and defense markets without reorienting their core business.
The firm has 25+ years of combined operational experience working alongside enterprise operators and buyers navigating infrastructure modernization, supply-chain constraints, and the transition toward AI-enabled platforms.
Members only
What the fund looks for in founders and which sectors it backs.
Ridgeline Ventures Fund II closed at over $180 million, oversubscribed, in December 2025. The fund attracted capital from Fortune 500 companies including FedEx and Cisco Investments. Fund II-S, a companion vehicle, is part of the first cohort of SBIC licensees under the U.S. Small Business Administration’s Critical Technology initiative, one of the first SBIC vehicles specifically designed for critical technology sectors.
Fund II backs startups developing AI and automation solutions for manufacturing, logistics, energy, and defense, with a focus on companies whose technology can scale across both commercial enterprise and government markets without a business model pivot.
Members only
Fund size, LPs and track record.
Leadership
Ryan Clinton is General Partner, focused on backing founders building durable technology for the broader industrial base across commercial and government customers. Andrew McMahon and Ben Walker are also General Partners. The team brings operational backgrounds spanning enterprise technology, government, and the U.S. military.
Investment Strategy
Ridgeline typically leads or co-leads pre-seed and seed rounds. The firm’s strategy centers on identifying founders solving real-world problems in foundational industries who can scale within complex organizations, particularly those with both commercial enterprise and government end markets. Portfolio companies benefit from LP relationships with Fortune 500 companies like FedEx, which provide early commercial validation and customer access.
Notable Investments
Ridgeline’s portfolio spans supply chain intelligence, quantum computing, and commercial vehicles:
Other
Ridgeline’s SBIC Critical Technology designation is strategically significant: it provides additional capital leverage and signals alignment with U.S. national security priorities. The firm explicitly looks for founders whose technology can scale across both commercial enterprise and government without pivoting their business model. LPs like FedEx serve as active validators and potential early customers, giving Ridgeline an unusual commercial onramp for portfolio companies in industrial and logistics technology.
Members only
Leadership, investment strategy, notable investments and exits.