# Thornapple River Capital

Thornapple River Capital is an Asset Manager based in Grand Rapids, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Grand Rapids, United States
- **Region:** North America
- **Address:** Grand Rapids, MI, United States
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** www.thornapplecap.com
- **LinkedIn:** https://www.linkedin.com/company/thornapple-river-capital

## Regulatory record

- **CRD number:** 291052
- **SEC file number:** 802-120000
- **Registration status:** ACTIVE
- **Latest Form ADV filing:** 2026-03-27T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/291052

## About

Thornapple River Capital is a closely held investment partnership that invests in and supports teams across healthcare, biotech, medical devices, AIML, deeptech, alt. transport, and more. It builds and invests in early-stage companies.

## Questions

### What investment stages does the firm typically target?

Thornapple River Capital's stated mandate spans early-stage seed rounds, start-up financing, and growth equity. The firm advertises no stage minimums, no check-size disclosures, and no follow-on reserve policy. Without a portfolio list, the actual stage concentration cannot be independently verified.

### Does the firm participate in fund commitments or only direct deals?

Thornapple River Capital has not disclosed whether it invests directly into companies, through SPVs, or as a limited partner in third-party venture funds. Its public materials reference only a direct investment posture across stages, but the absence of portfolio detail leaves the execution model unclear.

## Related profiles

- [Thorgate Ventures](https://altss.com/profile/thorgate-ventures)
- [ThornTree Capital Partners](https://altss.com/profile/thorntree-capital-partners)

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Last updated: 2026-08-11T15:08:18.003Z

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