# Appalachian Growth Capital funding: rounds and investors

> Appalachian Growth Capital has raised $1.9M across 1 round since 2023. Investors include Community Development Financial Institutions Fund.

Source: https://millionrounds.com/company/appalachian-growth-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Appalachian Growth Capital*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$1.9M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $1.9M Apr 2023
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2023** Grant **$1.9M** [Community Development Financial Institutions Fund](https://millionrounds.com/fund/community-development-financial-institutions-fund) Source recorded

## Founders and team

From Appalachian Growth Capital's own website: 4 on the team.

- **Peoples Bank** Senior Vice President
- **Belmont Savings Bank** President & CEO
- **Glenda Bumgarner** President
- **Bryan Stepp** Board Chair

## Everyone who backed them

[Community Development Financial Institutions Fund](https://millionrounds.com/fund/community-development-financial-institutions-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=appalachian-growth-capital).

## Quick answers about Appalachian Growth Capital

### Who invested in Appalachian Growth Capital?

Appalachian Growth Capital's investors include Community Development Financial Institutions Fund.

### How much has Appalachian Growth Capital raised?

Appalachian Growth Capital has raised $1.9M across 1 round since 2023.

### When did Appalachian Growth Capital last raise?

Appalachian Growth Capital's most recent round was a Grant of $1.9M in Apr 2023.

### What was Appalachian Growth Capital's biggest round?

Its most recent round, $1.9M in Apr 2023, is also its largest on record.

### Who backed Appalachian Growth Capital first?

Appalachian Growth Capital's first round on record, in Apr 2023, was backed by Community Development Financial Institutions Fund.

### What stage is Appalachian Growth Capital at?

Appalachian Growth Capital's latest named round is a Grant, in Apr 2023.

### Where is Appalachian Growth Capital based?

Appalachian Growth Capital is based in the United States.

## Companies like Appalachian Growth Capital

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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