Millworks Fund

General contacts

Investor type

VC / Angel

Founded

2017

AUM

Location

Manchester, New Hampshire, United States

Investment Ticket

$0-1 m

Investment Stage

Seed

Region of investment

North America

Investor profile last updated: 12 August, 2026

Profile

Millworks Fund is an angel group based in Manchester, New Hampshire, founded in 2017 by Elizabeth 'Liz' Hitchcock and Graham 'Gray' Chynoweth. Both founders have a strong entrepreneurial background, with Liz having been part of the founding team at Dyn, and Gray having helped scale the company significantly. The firm is composed of 40 investors from various sectors, including development, banking, and high-tech, and is committed to fostering the startup ecosystem in New Hampshire.

The firm primarily invests in New Hampshire-based startups, focusing on sectors such as IT services, digital, and healthcare. Millworks Fund typically invests $600,000 annually over three years, supporting initiatives through programs like the New Hampshire High Technology Council’s TechOut and Alpha Loft’s Accelerate NH. The firm operates with a community-centric approach, aiming to attract further investment to the region.

Notable investments by Millworks Fund include TendoNova - surgical devices, Datanomix - business productivity software, ecoText - educational software, and Propensity - software development applications. These investments highlight the firm's focus on technology-centered initiatives that drive innovation and growth within New Hampshire.

Industry

Technology Software IT Services Business Services (B2B) Digital Healthcare Services Internet and Web Services Education Edtech

Millworks Fund Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
New Hampshire-Focused Fund		Business Services (B2B) Digital Healthcare Services IT Services Technology	Seed	North America	$0-1 m	—	September 2026
Millworks Fund Series II	Venture Capital (VC)	Internet and Web Services Healthcare Services Digital Business Services (B2B) IT Services Software Technology	Seed	North America	$1-5 m	—	September 2026

Contacts

Name

Title

Social Networks

Elizabeth "Liz" Hitchcock Co-Managing Member at 10x Venture Partners

Co-Managing Member at 10x Venture Partners

Graham "Gray" Chynoweth Co-Managing Member at 10x Venture Partners

Co-Managing Member at 10x Venture Partners

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Investment-team contacts for Millworks Fund — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Millworks Fund

Is Millworks Fund a venture capital or private equity firm?

Millworks Fund is a venture capital firm that also operates as an angel investor. It backs companies at Seed, writing tickets of $0-1 m.

Where is Millworks Fund located?

Millworks Fund is located in Manchester, New Hampshire, United States.

When was Millworks Fund founded?

Millworks Fund was founded in 2017.

What sectors and industries does Millworks Fund invest in?

Millworks Fund invests in companies and startups in Technology, Software, IT Services, Business Services (B2B), Digital, Healthcare Services, Internet and Web Services, Education, Edtech.

What is Millworks Fund geographical focus of investments?

Millworks Fund invests in companies and startups in North America.

At what stages of companies and startups does Millworks Fund typically invest in?

Millworks Fund invests in companies and startups at Seed.

What is the usual amount of Millworks Fund investment?

Millworks Fund usually invests $0-1 m on average.

What are the contacts of Millworks Fund?

Millworks Fund can be reached through its website millworksfund.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Millworks Fund — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

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Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Millworks Fund directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Millworks Fund profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 12 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.