# Kitty Hawk Capital

Kitty Hawk Capital is an Asset Manager based in Charlotte, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Charlotte, United States
- **Region:** North America
- **Address:** Charlotte, NC, United States
- **Founded:** 1980
- **Assets under management:** Undisclosed
- **Website:** kittyhawkcapital.com

## Regulatory record

- **Reports private funds:** No

## About

Kitty Hawk Capital invests in early- and expansion-stage information-technology, medical devices and consumer businesses in the Southeastern United States. The firm has made 46 investments, including a Series A investment in Verity Studios on June 05, 2018. Kitty Hawk Capital has 15 portfolio exits, including Synageva BioPharma, which exited on November 21, 2011.

## Sectors

- Enterprise Software
- Digital Health
- Industrial Tech
- Media & Entertainment

## People

- W. Chris Hegele — General Partner

## Questions

### Who runs investment decisions at Kitty Hawk Capital?

W. Chris Hegele served as the firm’s General Partner and primary investment decision-maker throughout its active life. Hegele founded the firm in 1980 after receiving his MBA from Harvard Business School and working as an analyst on Wall Street. He later continued his venture career as a General Partner at Wakefield Group, a Charlotte-based venture firm.

### What investment stages does Kitty Hawk typically target?

The firm focused on early-stage and seed investments, often providing the first institutional capital to companies in the Southeastern United States. Its historical portfolio includes companies it backed at formation or in very early revenue stages, primarily in enterprise software, digital health, and industrial technology.

### Which geographies did Kitty Hawk Capital prioritize?

Kitty Hawk concentrated heavily on North Carolina and the broader Southeastern United States, at a time when the region received minimal venture attention. The firm’s Charlotte headquarters placed it outside the traditional venture corridors, giving it a first-mover advantage in local deal sourcing during the 1980s and 1990s.

## Related profiles

- [Kinsman Capital](https://altss.com/profile/kinsman-capital)
- [Korda & Company](https://altss.com/profile/korda-and-company)

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Last updated: 2026-06-03T20:00:00.000Z

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