Changing the way innovative technologies navigate government,

one investment at a time.

Who we are

A Unique Mixture of Experienced Investors and Political Operatives

We are highly skilled investors who combine capital investments with a deep understanding of government processes and a national network of political relationships. We back our portfolio companies with the capital and political strategy they need to succeed and help them execute on high growth strategies. 

COAST-TO-COAST SUPPORT

ACCESS TO OUR

50-STATE NETWORK

Growing with INState

Capital is Just the Beginning

Our combination of investment capital and political expertise means that our portfolio companies are getting the best of both the financial and political worlds. They get access to experienced investment professionals, who can navigate current and future capital raises and potential exits, as well as access to our internal policy team and our external 50-state political network.

BY THE NUMBERS

$2 BILLION

 of legislation passed
in less than 10 years

$500 MILLION

in secured government contracts

20X

multiples achieved for
portfolio companies

Get Started Today!

Together, we can propel your team forward

OUR PARTNERSHIPS

A Catalyst for Growth

InState invests in innovative technology companies seeking to modernize government processes or companies navigating new and existing regulatory frameworks on the state and local levels. We identify a strategic overlay between a company’s growth goals and our ability to help execute on those aspirations.

“InState Partners has a one of a kind offering that has helped launch PayIt into a national market leader — bringing together experience in government markets with a billion-dollar venture capital company.”

John Thompson, PayIt CEO

WHERE WE THRIVE

Regulated Industries

We have a unique understanding of regulated markets and how to navigate them. By tapping our expansive 50-state network and identifying risks and opportunities, we have helped break down regulatory barriers for companies at any stage of growth, pre-seed all the way through Fortune 500.

Government Procurement

Our combined 100 years of government affairs and investing means we can help companies identify their most viable markets, products and services. With more than 5,000 annual state interactions with political stakeholders at every level, we can facilitate introductions to the right state and local government decision-makers to accelerate growth.

Our Team

InState Partners is an agile group of expert strategists with more than 100 years of collective experience and a vast network of connections in 50 states.

Lacey Biles

Vice President
Lacey is a Vice President at InState Partners. He offers comprehensive state government affairs and strategic counsel while ensuring that his clients are positioned to be proactive and opportunistic in diverse political climates. Lacey has worked in politics for more than 15 years. His experience includes working with legislative campaigns, PACs, public affairs, and ballot initiatives.

Ryan Brennan

Managing Director
Ryan is a Managing Director at Advantage Capital. He leads the firm’s efforts to foster access to capital and economic development in underserved communities. Ryan is a leader on the firm’s fundraising team and spearheads initiatives to strengthen and develop internal talent and assets.

Alex Johnson

President
Alex has worked in politics for over 20 years, engaging in campaigns, PACs and political committees. Before InState Partners, he served as the founding director of both the Republican Legislative Committee and the Republican Lieutenant Governor Association. More recently, Alex was Senior Vice President at FP1 Strategies, founded a boutique state affairs firm and currently serves on the Executive Committee of the Board for the American Council of Young Political Leaders.

Arjun Mohan

Associate
Arjuna Mohan has more than six years of investment experience. He focuses on sourcing investments, performing due diligence, structuring transactions and portfolio management. He was previously a consultant on Deloitte Consulting’s Strategy & Analytics team where he assisted multiple Fortune 500 companies on engagements related to customer experience improvements, sales and distribution strategy and operational efficiencies.

Damon Rawie

Managing Director
Damon L. Rawie is a seasoned investor with more than 20 years of experience leading equity investment strategies. His experience covers a variety of industries including new media, business services, software and energy technology. Additionally, Damon serves on the boards of a number of companies, providing financial and strategic planning support.

Kelcee Sachtleben

Senior Associate
Kelcee Sachtleben has a strong background in finance and investment strategy. She specializes in screening potential investment opportunities, structuring and negotiating transactions, and managing a number of portfolio companies. Her previous experience includes working in the commercial banking division for Wells Fargo in Fort Worth, TX.

Rachel Stern

Vice President
Rachel is a Vice President for InState Partners. She works closely with clients to develop and implement multi-state legislative strategies covering a variety of issues. Before Instate Partners, Rachel has cut her teeth on multiple sectors of public affairs, including non-profits, public and private equity businesses, state government and electoral campaigns.

Clients

Contact Us

Austin

900 S Capital of Texas Hwy
Austin, TX 78746

Napa

6293 Silverado Trail
Napa, CA 94558

New Orleans

909 Poydras Street, Suite 2230
New Orleans, LA 70112

St. Louis

7733 Forsyth Blvd. Suite 1400
St. Louis, MO 63105

Washington DC

888 17th Street, NW, Suite 810
Washington, DC 20006