MassDevelopment is a government-backed investor and venture debt provider. Based in Boston, Massachusetts, United States. The known portfolio counts 16 companies, including Greentown Labs, Apollinaire Theatre Company, Bisousweet Confections, Clinton Council On Aging, Community Healthlink and Cougar Capital Management.
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Investment focus
- Stage
- Late-Stage
- Focus
- Clean EnergyEconomic DevelopmentHealthcare OperationsPropTechProperty ManagementPublic Development FinanceSustainability
Who to pitch at MassDevelopment
MassDevelopment portfolio companies (16)
- Greentown Labs
- Apollinaire Theatre Company
- Bisousweet Confections
- Clinton Council On Aging
- Community Healthlink
- Cougar Capital Management
- El Salón
- Fall River Museum of Contemporary Art
- Glenmeadow
- Greater Chicopee Chamber of Commerce
- Greater New Bedford Community Health Center
- Knights Airport Limousine Service
- Natick Council on Aging
- Polyphonic Studios
- Tri-Valley
- WCUW
Co-investors
Funds that share portfolio companies with MassDevelopment.
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About MassDevelopment
The firm's listing covers sectors Climate, Healthcare and Real Estate, and focus areas Clean Energy, Economic Development, Healthcare Operations and PropTech; known deals cluster at Late-Stage.
Eric Paley (Chairperson), Robert Culver (President and CEO) and Deborah Boyce (Vice President) are listed as the contacts to pitch at MassDevelopment.
MassDevelopment shares portfolio companies with 2 other investment firms, among them Rice Management Company and SCF Partners.
Frequently asked questions
What is MassDevelopment?
MassDevelopment is a government-backed investor and venture debt provider based in Boston, Massachusetts, United States, with a known portfolio of 16 companies. The portfolio comes from public investment records rather than from the firm, so deals that never surfaced publicly are not in it.
What does MassDevelopment invest in?
Listed sectors include Climate, Healthcare and Real Estate; listed focus areas include Clean Energy, Economic Development, Healthcare Operations and PropTech. Those tags come from the portfolio attached to the firm, so they describe what has been backed rather than a stated mandate for what comes next.
What stage does MassDevelopment invest at?
The known deals of MassDevelopment include Late-Stage rounds. Check that against your own round before reaching out: stage mismatch is the most common reason a well matched sector still goes nowhere.
Who should I pitch at MassDevelopment?
All 3 people on file at MassDevelopment are listed as contacts for the firm, each with their own profile page.
How do I contact MassDevelopment?
Any email address on file for the firm is masked on this page and readable inside RaiseHunt after you create an account. The 3 people attached to the firm have their own pages, each showing whether an address is on file for them.
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Data: RaiseHunt investor dataset · Snapshot 5 September 2026 · How this data is built · Report a correction or request removal