Keyhorse Capital, in partnership with the Kentucky Cabinet for Economic Development’s statewide #KYInnovation program and as an initiative of Kentucky Science and Technology Corporation (KSTC), has announced that its current quarterly investment cycle is open through December 31st for eligible companies.
The windows for each quarterly investment cycle are:
- January 1 - March 31
- April 1 - June 30
- July 1 - September 30
- October 1 - December 31
Through the Kentucky Enterprise Fund and KSBCI 2.0, Keyhorse Capital and the Commonwealth of Kentucky have been investing in the future of Kentucky since 2002, leveraging over $92.7 million to support 298 Kentucky companies.
These funds make early-stage venture capital investments in high-growth startups and entrepreneurs based in or interested in relocating to Kentucky. Companies must be in the process of building an innovative, technology-enabled product, process, or service; have developed a prototype, be seeking product-market fit, or entering an early growth stage of development; and present a well-articulated market opportunity with some level of customer validation and a strong founding team.
In the third investment cycle of 2025, Keyhorse Capital announced $3.72M of investments in companies that included:
- Another Nine: Self-service indoor golf facilities operating 24/7 via tech-driven infrastructure and franchising.
- BeyondWill: Estate and end-of-life planning platform for individuals and families.
- DataRovers: Medical insurance denial management solution for revenue cycle management teams.
- Immersive Hearing Technologies: Virtual reality software that simulates real-life hearing aid experiences for patients.
- Kanbol: Pulping technology and manufacturing that transforms agricultural fibers into molded fiber packaging.
- Liberate Medical: Respiratory muscle stimulator designed to reduce mechanical ventilation time.
- MoneyBot: AI-powered platform for delivering financial literacy through gamified experiences.
- NuPaper: Manufacturers of environmentally friendly corrugated containers.
- Pitch Protect: Software for tracking pitch-count and other metrics to help prevent overuse injuries in sports and monitor compliance.
- Skyhaul: Drone delivery platform for marine vessel logistics integrating real-time GPS tracking, ordering, and flight operations for inland and global waterways.
- SustainAgility: SaaS platform addressing plastic packaging waste challenges through AI-driven design, material sourcing, and compliance support.
- Resonate Recordings: Provider of podcast hosting, editing, and management, streamlining content production with automated workflows and analytics.
- Sofab Inks: Manufacturer of metal oxide nanoparticles used in perovskite solar cell technology.
- TimberSync: A marketplace platform connecting landowners, loggers, and mills to manage and transact timber sales.
- Verticalytics: Audio/Visual & IT asset management and vendor/product information platform for event venues.
- Verity Technologies: Software platform leveraging AR/VR technology to provide enhanced physical therapy.
- WholeNote: A software platform addressing royalty collection, business management, and RevOps challenges for independent musicians.
- xRake: Developer of a soil conditioning solution tool for utility companies and others interested in optimal soil conditions.
Keyhorse Capital and KSTC have partnered with KY Innovation and the Kentucky Cabinet for Economic Development to create an easy-to-navigate quarterly investment process for the state’s most promising startup companies. Together with an improved public application process and statewide communication strategy to increase access and the number of investment opportunities, Kentucky’s funds have seen a continued increase in award applications and reviews.
To learn more and apply for funding, visit: keyhorse.vc/
About Keyhorse Capital
Keyhorse Capital is a seed-stage venture capital firm focused on supporting a thriving community of entrepreneurs willing to go the distance to build and grow innovative companies. Keyhorse is focused on investing in early-stage companies based in Kentucky through a funding partnership with KYInnovation and KCED. Keyhorse Capital has provided financing to 298 companies. Their active portfolio of 176 companies has created more than 800 jobs and counting. Learn more at keyhorse.vc.
About KSTC
KSTC is a private, statewide non-profit corporation committed to advancing science, technology, and innovative economic development founded on Kentucky know-how. KSTC seeks to improve the capacity of people, companies, and organizations to build an innovation-driven economy in Kentucky. Learn more at kstc.org.
About KY Innovation
#KYInnovation is an initiative of the Kentucky Cabinet for Economic Development (KCED) that targets resources to support startups, traditional small businesses, and innovation-driven entrepreneurs across the business life-span with the aim of dramatically improving Kentucky’s entrepreneurship ecosystem and significantly increasing the number of new company startups annually. More about the Commonwealth of Kentucky’s investment and support for innovation can be found at kyinnovation.com.
.png)