Montauk Capital

Montauk Capital is an investment firm that operates as both a venture fund and a venture studio, focusing on companies that are integral to the 'Electron Economy.' This encompasses the generational shift towards electrified, intelligent businesses and technologies that are reshaping global industries. The firm's investment thesis centers on software-driven solutions designed to achieve venture-scale returns, with key investment themes including energy abundance, adaptability & resilience, and resource & energy efficiency. Montauk Capital actively builds and backs technology companies across the full stack of this evolving economy, leveraging proven expertise, strategic industry partnerships, and innovative capital structures.

Montauk Capital was founded in 2023 by Philip Krim, Evan Caron, and Sharo Atmeh. Their shared purpose was to invest in and build durable technology businesses that power the Electron Economy, specifically across energy, infrastructure, and industry sectors. The firm's approach is distinguished by its integration of capital markets expertise with hands-on operational and sector-specific knowledge, enabling them to identify and support founders who are developing transformative companies.

The firm's portfolio includes a diverse range of innovative companies. Notable investments span an off-grid data center development platform, a parametric weather and insurance technology solution, and an AI-powered ERP system for large industrial and data center applications. Montauk Capital also supports a drone-based geospatial intelligence platform, an AI home intelligence solution, and an AI-powered enablement platform for large-load interconnection. Furthermore, their portfolio features the first space-based power distribution network and security & trust infrastructure for AI-powered transactions. PitchBook also highlights investments in companies like Mantis Space, Adaptive (Commercial/Professional Insurance), and Raad (Environmental Services).

The Montauk Capital team brings extensive experience to their investment strategies. Philip Krim, Co-founder & CEO, is a serial entrepreneur and seasoned venture investor, known for leading Casper Sleep from launch to IPO and eventual sale. Evan Caron, Co-founder & CIO, has over 20 years of energy investing experience, previously leading Venture Investments at Riverstone and co-founding ClearTrace. Sharo Atmeh, Co-founder & COO, led special situations and electron investing at Alyeska Investment Group and helped establish a Fortune 50 sustainability advisory firm. The broader team includes professionals with backgrounds in energy, infrastructure, technology investments, capital formation, and talent strategy, ensuring comprehensive support for their portfolio companies.