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Flyover Capital
Flyover Capital launched in 2014, established by founding managing partners Thad Langford and Keith Molzer alongside managing partner Dan Kerr.
Flyover Capital
Flyover Capital launched in 2014, established by founding managing partners Thad Langford and Keith Molzer alongside managing partner Dan Kerr. The team operates from dual offices in Overland Park, Kansas, and Kansas City, Missouri, describing themselves as entrepreneurs and operators who turned to investing. The firm does not publish its total assets under management or aggregate deployment figure. The firm concentrates on early-stage venture, primarily leading or participating in seed and Series A rounds for technology companies headquartered in what it calls the Flyover region — the U.S. interior between the coasts. Asset classes are dominated by direct equity, complemented by a fund-of-funds program run by managing partner Tristan Mace. Direct positions span enterprise software, fintech, cybersecurity, digital health, insurtech, agritech, industrial automation, and mobility. Confirmed portfolio companies include climate-accounting platform Mavvrik (led its $6.2 million seed, February 2025), wealth-management marketing firm Snappy Kraken, NIL-athlete marketplace Opendorse, biometric identity provider Zoloz (acquired by Ant Group), and warehouse-automation platform CognitOps. The fund-of-funds sleeve holds commitments to managers such as Sapphire Ventures, SemperVirens VC, Matchstick Ventures, and Commonweal Ventures, extending geographic and sector reach. The investment team lists nine professionals on its website. Tristan Mace leads the fund-of-funds effort, while Patrick Berry serves as principal and Alexa Heying heads platform. Marty Bicknell, CEO of Mariner Wealth Advisors, sits as a senior advisor. In February 2025 the firm publicly added a formal wealthtech and fintech concentration, reinforced weeks later by leading the $6.2 million seed round for Mavvrik. The practice spans direct investments across at least 15 states, with dense clusters in Kansas, Missouri, Texas, Indiana, and Georgia. Flyover’s structural differentiator is a dual direct-and-fund-of-funds model applied exclusively to non-coastal U.S. markets. Few regional firms blend proprietary direct conviction with a simultaneous LP commitment program that buys exposure to coastal-tier managers such as Sapphire Ventures. The fund-of-funds vehicle allows the management company to place capital alongside top-quartile coastal GPs while the direct team originates deals from a network of local accelerators, university spinouts, and second-city founders — a barbell approach uncommon among Midwestern venture platforms.
General information
Firm type
Private Equity
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Overland Park
Corporate office
Kansas City, MO / Overland Park, KS, United States
Additional offices
Kansas City, MO
Principals
Thad Langford
Founding Managing Partner
Keith Molzer
Founding Managing Partner
Dan Kerr
Managing Partner
Tristan Mace
Managing Partner, Fund of Funds
Sector focus
Frequently asked questions
Who runs investment decisions at Flyover Capital?
Day-to-day investment decisions sit with founding managing partners Thad Langford and Keith Molzer, alongside managing partner Dan Kerr. The direct venture team is supported by principal Patrick Berry and senior associate Alexandra O'Hagan-Padron. The fund-of-funds program is led separately by managing partner Tristan Mace, who sources and monitors commitments to external venture managers.
Does Flyover Capital operate as a single-family office or a traditional venture firm?
Flyover is structured as a private equity asset manager, not a single-family office. The firm raises capital from external limited partners and deploys it across direct venture investments and a fund-of-funds sleeve. Founding managing partner Keith Molzer previously co-founded a venture-backed technology company, and the broader team frames itself as former operators rather than inheritors of family wealth.
How does Flyover Capital source proprietary deal flow?
The firm sources directly from a network concentrated in the U.S. interior — it identifies founders in cities such as Kansas City, Indianapolis, Austin, Atlanta, and Nashville, often through local accelerators, university commercialization offices, and operator networks built before the firm's 2014 launch. Its fund-of-funds commitments to managers like Matchstick Ventures and Narya also serve as a referral pipeline for later-stage or adjacent-geography opportunities.
Does Flyover participate in fund commitments or only direct deals?
Flyover runs both a direct venture portfolio and a dedicated fund-of-funds program. The fund-of-funds sleeve, led by Tristan Mace, holds commitments to Sapphire Ventures, SemperVirens VC, Commonweal Ventures, Matchstick Ventures, FINTOP Capital, and others. Direct investments are made from a separate pool and concentrate on seed and Series A rounds.
What investment stages does Flyover Capital typically target?
Direct investments concentrate on early-stage rounds — seed, pre-seed, and Series A — with occasional participation in Series B follow-ons, as seen with Verusen and Rentable. The fund-of-funds program invests as a limited partner in venture capital firms that may cover a broader range of stages from seed to growth equity.
What is Flyover Capital's known posture on co-investments alongside external GPs?
The firm's direct portfolio includes rounds where it leads (such as the $6.2 million Mavvrik seed) and rounds where it participates alongside other investors. The fund-of-funds program implicitly co-invests by acting as an LP in external VC funds; individual co-investment rights alongside those GPs are not publicly detailed. The website emphasizes being 'more than local capital' without specifying a formal co-investment vehicle.
Where does Flyover Capital's underlying capital come from?
Flyover has not publicly disclosed the identity of its limited partners. The firm operates as an independent asset manager raising institutional and likely high-net-worth capital, separate from any disclosed single-family wealth source. Keith Molzer's prior exit from a technology company provides individual operator capital, but the firm's asset base is pooled from external LPs.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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