Based in Boston, Massachusetts, Megunticook Fund invests in promising media, communications, and technology companies at the earliest stages of their development cycles. The fund typically invests in rounds with 4 participants and has no specific preference for founders. Startups seeking investment should be 2-3 years old. The fund focuses on industries such as Enterprise Software and Information Technology. Some of its notable portfolio startups include Digital Alliance, LearningBrands, and Aegis Lightwave. Megunticook Fund has a lower average amount of lead investments compared to other organizations and is involved in less than 2 deals per year. Its top activity was in 2006, with typical deal sizes ranging from $5 to $10 million. The fund has had significant exits in 2013 but commits exits less frequently compared to other organizations.