VC firm
FreshTracks Capital
Also known as FreshTracks Green Mountain, FreshTracks Green Mountain Fund, L.P., FreshTracks Growth, FreshTracks Growth Fund, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- Shelburne, Vermont, United States
- Founded
- 2000
- Assets under management
- $43.5MForm ADV private fund GAV, as of 2026-03-13Source (opens in a new tab)
- Latest fund size
- $19MSEC amount sold, as of 2023-12-29Source (opens in a new tab)
- Funds
- 5
- Legal name
- ADDISONMANAGEMENT, INC.
- freshtrackscap.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
An early-stage venture capital firm focused on financing businesses in Vermont and surrounding regions, FreshTracks’ expertise, networks, resources and capital support innovative businesses through multiple rounds of financing and stages of growth.
Investment approach
- Thesis
- We partner with talented passionate entrepreneurial teams and like-minded investors to build exceptional Vermont companies with national impact. FreshTracks is backed by a diversified pool of limited partners and has completed more than 60 investments to date, most with an operating presence in Vermont, although we occasionally invest more broadly across the northeast. With our high-impact model, proven over five funds, we have helped catalyze more than $500MM of co-investment into our portfolio companies. Collectively these businesses have supported more than 2,500 high-paying jobs, and generated more than $500MM in annualized revenue, fueling economic growth in Vermont and beyond.Source (opens in a new tab)
- Leads rounds
- Sometimes
- Lead policy
- We will lead rounds where the size and stage are a fit for our fund, and where we can add significant value. We also co-invest in rounds where a known strong lead investor is identified.
- Takes board seats
- Sometimes
- Board policy
- FreshTracks’ General Partners often serve as Directors on the Boards of the portfolio companies the firm invests in.
- Reserves policy
- We reserve significant capital for follow-on allocation.
- Eligibility
- We do not invest in Real Estate, Weapons, Gambling, or non-scalable opportunities.
- Investing status notes
- This edition of the FreshTracks Newsletter Features Glavel Inc., FreshTracks’ newest investment, Lost Lantern, Ogee, VT Nut Free Chocolates, Barr Hill, and Filabot.
Funds
- FreshTracks Green Mountain Fund, L.P.
- $19MVintage 2023, Main fund, SEC amount sold
- FreshTracks Growth Fund, L.P.
- $10.1MVintage 2019, Main fund, SEC amount sold
- FRESHTRACKS CAPITAL IV, L.P.
- Main fund
- FRESHTRACKS CAPITAL III, L.P.
- Main fund
- FRESHTRACKS CAPITAL GROWTH FUND, L.P.
- Main fund
SEC registration
- Registered adviser
- ADDISONMANAGEMENT, INC.
- CRD number
- 324234 (opens in a new tab)
- SEC file number
- 802-127257
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $43.5Mas of 2026-03-13
- Private funds reported
- 4
- Principal office
- SHELBURNE, VT, United States
- SEC CIK
- 1781818, 1978274
Locations
- Headquarters
- Shelburne, Vermont, United States