Flywheel Ventures

Flywheel Ventures is a seed and early-stage venture capital firm founded in 1999 and headquartered in Santa Fe, New Mexico. Led by Managing Partner Trevor Loy and a team of three, Flywheel is one of the longest-running venture firms in the American Southwest, with over 25 years building the region's technology ecosystem. The firm focuses on information technology and infrastructure technology, helping entrepreneurs build companies that address key global challenges including energy, water, and digital infrastructure. Flywheel has made 65 investments and raised $155 million across two complementary vehicles: a core fund of $125 million for early-growth capital investments, and an opportunity fund of $30 million reserved for supporting existing partner companies through follow-on rounds. This dual-fund structure allows the firm to both lead early-stage rounds and provide meaningful capital to its best performers at later stages. The firm leads rounds and typically deploys $1 million to $10 million per investment across seed through Series B. Flywheel's New Mexico base is a strategic asset. Proximity to Sandia National Laboratories and Los Alamos National Laboratory provides a distinctive pipeline of deep tech and hard tech opportunities not easily accessible to coastal funds. The firm's 65-company portfolio spans software, energy technology, cleantech, AI, and hardware and robotics, reflecting a broad mandate to back founders solving real infrastructure and technology challenges rather than consumer or social applications.