Many founders overlook New Hampshire’s tech scene, assuming it’s either too small or too slow to support real growth.
But in reality, the state has quietly become home to several thriving tech startups over the past decade—and it's only gaining momentum. In fact, experts project New Hampshire’s tech ecosystem will grow by over 6% in the next five years.
So, what does that mean for your startup? Can you scale in this market? And are there investors ready to back your vision?
The short answer: YES!
New Hampshire is attracting a rising wave of angel investors and industry veterans who are actively mentoring founders, making connections, and fueling the next generation of IT innovation.
Below, we’ve prepared a list of the top 8 angel investors in New Hampshire who are actively investing in the IT sector.
Top 8 Angel Investors in New Hampshire Who Invest in IT Startups
Here’s a quick table to summarize the list!
Glad you loved it! Here's the second investor table, perfectly organized with all the key details:
| Investor Name | Focused Sectors | Funding Stages | Notable Investments | Investment Range |
|---|---|---|---|---|
| Seth DeHart | B2B SaaS, online marketplaces, fintech | Early-stage | Algolia, Contentful, Docplanner | €100,000 – €3M |
| Pete Worrell | Media, online services, advertising, emerging tech, content platforms | Seed-stage | MerchantCircle, M&A deals | ~$150,000 |
| Bruce Fenton | Blockchain, crypto, DeFi, digital assets | Early-stage | ShapeShift, tZERO, Ethereum, Block.one | $100,000 – $500,000 |
| Mark Galvin | Tech, enterprise software, e-commerce, med devices, info services, comms tech | Early-stage | Bit Fry Game Studios, Unified Office, Regaalo | ~$200,000 |
| Jeff McLean | Consumer internet, enterprise software, fintech | Early-stage | Fintech and tech startups in New England | ~$150,000 |
| Eric Stites | Franchise ventures, market research, tech startups | Early to growth-stage | oneforty (acquired by HubSpot), franchise startups | ~$100,000 |
| Jerry Miller | Healthcare services, delivery, hospital ops, HR | Early-stage | Regional healthcare investments (undisclosed) | ~$75,000 |
| Mike Zani | Talent management tech, SaaS, HR tech, corporate wellness, industrial tech | Early-stage | ShapeUp | ~$100,000 |
Seth DeHart
- Focused Sectors: Early-stage technology companies, particularly in B2B software-as-a-service (SaaS), online marketplaces, and fintech startups
- Present In: Based in Portsmouth, New Hampshire
- Notable Investments: Algolia (search technology), Contentful (content management), and Docplanner (digital health platform)
Seth DeHart is a seasoned venture partner at Point Nine Capital, a Berlin-based early-stage venture capital firm.
As an investor, Seth focuses on early-stage investments, ranging from €0.1 million to €1.5 million, with the potential to invest up to €3 million over the lifespan of a company. He wants to invest in startups with strong product-market fit, scalable sales engines, and teams capable of executing growth strategies effectively.
He also focuses on businesses that are defining their ideal customer profile and creating strong sales operations before scaling.
Pete Worrell
- Focused Sectors: Media, online business services, online advertising, emerging tech, community-driven content.
- Present In: Portsmouth, NH
- Notable Investments: M&A deals and MerchantCircle
Pete Worrell is the Co-CEO and Managing Director of Bigelow LLC. Since joining Bigelow in 1980, Pete has been instrumental in guiding EOMs through strategic transitions.
Since Pete's primary focus is on mergers and acquisitions, he has engaged in angel investing, favoring early-stage startups that are coming up with innovative ideas. Pete focuses on businesses that are at the seed stage and can easily generate 2-3x ROI within the early years of investment.
The investment range of Pete Worrell is around $150,000.
Bruce Fenton
- Focused Sectors: Tech, Blockchain, cryptocurrency, Bitcoin, decentralized finance (DeFi), digital assets.
- Present In: Portsmouth, NH.
- Notable Investments: ShapeShift, tZERO, and various blockchain ventures.
Bruce Fenton is a seasoned investor and entrepreneur with over three decades in the financial services industry. He began his career at Morgan Stanley, specializing in emerging technologies and markets. In 1994, he founded Atlantic Financial and currently serves as the CEO of Chainstone Labs.
Fenton's investment portfolio consists of early-stage blockchain and cryptocurrency ventures. He has invested in Ethereum, Block.one, and ShapeShift. He seeks startups with innovative solutions in the digital asset space, focusing on strong leadership teams and disruptive potential.
Fenton is also deeply involved in the blockchain community. He founded the Satoshi Roundtable, an exclusive annual retreat for industry leaders, now in its 11th year. He mostly invests between $100,000-$500,000.
Mark Galvin
- Focused Sectors: Technology, services, enterprise software, communications tech, information services, e-commerce, digital media, medical devices.
- Present In: : Portsmouth, NH.
- Notable Investments: : Bit Fry Game Studios, Unified Office, Regaalo
Mark Galvin is a seasoned entrepreneur and angel investor who has been involved in the technology scene for over 3 decades. Throughout his career, he has been involved in eight startups, serving as CEO for six of them.
Galvin's investment interests lean towards early-stage technology companies with innovative solutions and strong growth potential. He values startups that demonstrate a clear market need and a scalable business model. Galvin also has diverse networks in the tech industry and wants to provide startups with valuable knowledge to help them scale.
The investment range of Mark Galvin is around $200,000.
Jeff McLean
- Focused Sectors: Consumer internet, enterprise software, fintech/personal finance.
- Present In: Portsmouth, NH.
- Notable Investments: Early-stage tech companies in New England, particularly in fintech and software.
Jeff McClean is a wealth advisor and angel investor. He is the co-founder and CEO of Solidarity Wealth and serves as the Managing Partner of Solidarity Capital.
Before wealth management, Jeff practiced as a tax and estate planning attorney at a prominent Houston law firm.
As an angel investor, Jeff focuses on early-stage startups, led by entrepreneurs and executives. He wants to invest in companies that are working on a unique problem in the tech sector and have scaleable solutions.
He usually invests in startups with an average check size of $150,000.
Eric Stites
- Focused Sectors: : Market research, franchising, technology startups.
- Present In: Portsmouth, NH.
- Notable Investments: oneforty (acquired by HubSpot), franchise-oriented ventures
Eric Stites is an angel investor with a specialized focus on franchise-oriented ventures. Since 2005, he has been at the forefront of franchise market research, working with over 1,100 brands to evaluate franchisee satisfaction.
When funding startups, Eric prefers companies that are franchiseable or already operating under a franchise model and have strong unit economics.
He mostly invests in early-stage or growth-stage companies and values strong leadership, clarity of brand identity, and a track record for franchise expansion. The investment range of Eric Sites is around $100,000.
Jerry Miller
- Focused Sectors: Healthcare services, healthcare delivery, hospital management, healthcare human resources.
- Present In: : Portsmouth, Virginia.
- Notable Investments: : (Names not disclosed) Usually include healthcare facilities and regional health initiatives in Virginia, hospital expansions, and healthcare service companies.
Jerry Miller is a seasoned entrepreneur and angel investor with a focus on technology startups.
Jerry serves as the CEO of The Miller Organization, holding many subsidiaries. Before establishing The Miller Organization, Jerry founded Earl Industries in 1985. Under his leadership, Earl Industries grew to $100 million in revenue before its acquisition by General Dynamics in 2012.
As an angel investor, Jerry's investment preferences lean towards startups that are in the early stages of development and have the potential for significant growth. He participates in many accelerator and incubator programs to look for deserving ventures and provide them with funding.
The investment range of Jerry Miller is around $75,000.
Mike Zani
- Focused Sectors: : Talent management technology, business services, SaaS, workforce optimization, corporate wellness, HR tech, health tech, industrial tech.
- Present In: : Greater Boston area.
- Notable Investments: ShapeUp
Mike Zani is the Chief Executive Officer (CEO) of The Predictive Index. He also co-founded Phoenix Strategy Investments, a private investment fund specializing in acquiring and nurturing high-potential companies.
As an investor, Zani prefers to invest in startups that can generate 2-4x returns within the next 4-5 years. In some cases, he also likes to partner with startups on a longer term. He mostly funds startups through investor meetings, and accelerators, and also attends networking events in the relevant niche.
The investment range of Mike Zani is around $100,000.
Wrap-Up:
As we’ve seen, New Hampshire is home to a growing network of angel investors who are actively shaping the future of innovation. From health tech to IT solutions, these investors bring a wealth of experience, capital, and expertise to the table.
But before we end things, here’s an insider tip:
“The right team is often more important than the product. A driven, adaptable team can pivot and succeed even if the original product doesn't meet expectations.”
