Chart Venture Partners

In-Q-Tel is both a strategic limited partner and a sourcing partner for CVP, a structure established at the firm's founding in 2004. In-Q-Tel vets emerging technologies against classified U.S. intelligence community requirements, and CVP evaluates which of those vetted opportunities have dual-use commercial potential. This gives CVP a proprietary deal-filter — companies arrive with a validated government use-case before the firm commits capital.

CVP focuses on Seed and Series A rounds for enterprise technology and deep-tech companies that have already demonstrated technical viability, often through government pilots or In-Q-Tel's own technology evaluation process. The firm reserves capital for follow-on participation through Series B, though later-stage allocation is on a selective basis.

No. CVP applies a dual-use thesis: every portfolio company must be able to sell into both U.S. government or intelligence-community markets and commercial enterprise customers. The firm has backed companies in cybersecurity, sensor systems, materials science, and industrial AI that derive revenue from both federal contracts and private-sector sales.

Matthew McCooe, a co-founder of the firm, is the named investment decision-maker in CVP's public-facing materials. The partnership operates with a flat structure, and investment committee decisions draw on the combined operating and venture experience of the general partners.

The In-Q-Tel relationship functions as a sourcing and diligence advantage, not a control mechanism. Portfolio companies operate independently and pursue commercial growth on standard venture timelines. In-Q-Tel's investment interest can, however, accelerate a company's path through government security certification and initial procurement — a process advantage rather than a governance one.

CVP invests across U.S. innovation ecosystems with particular concentration in the Mid-Atlantic and Northeast corridors — regions with dense federal-agency and defense-industrial presence. The firm has not disclosed material non-U.S. investment activity.

CVP has historically raised capital from institutional limited partners alongside In-Q-Tel's commitment. The firm's fund structure is a standard venture capital partnership, though the ongoing strategic relationship with In-Q-Tel remains its most distinguishing LP feature.