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Two Bear Capital

HQ · Montana

Two Bear Capital backs early-stage founders solving urgent problems in life sciences and tech. It provides early capital and strategic support to turn breakthrough ideas into enduring companies. The firm focuses on biotech, bioinformatics, healthcare IT, machine learning and AI, and information security. Founded in 2019 by Mike Goguen, the firm leverages domain expertise and an early-stage capital approach to help portfolio companies scale. It aims to deliver meaningful societal impact while generating returns.

Primary stage
SeedSeries A
Lead / follow
Mostly Lead
Initial check size
$3M - $10M
B2B / B2C
B2B
Investment focus
Life SciencesCybersecurityHealthcareAI / Data
Investment style

Specialist

Data last enriched

Aug 14, 2026


Investing team
  • Mike GoguenFounder & Managing Partner
  • Mark AdamsPartner
  • Cris NeckarPartner
  • Avery SonnenbergPartner
  • Neil WhitePartner
  • J. Seth StrattanGeneral Partner
  • Jenna AronsonPrincipal
  • Amalia ColangeloPrincipal
  • Rachel Tsunemoto HislopPrincipal, Director of Research
  • John SullivanVenture Partner
  • Lavinia PlaterinkAssociate

Two Bear Capital — early-stage investor profile | findfunding.vc