# Brickyard

> Brickyard is a Chattanooga-based pre-seed and seed investment firm paired with a private, in-person founder residency. It backs a small number of high-growth startups, asks founding teams to relocate and work together until they reach a self-selected revenue milestone, and replaces accelerator programming with capital, operator access, around-the-clock workspace and peer pressure from other early-stage builders.

- **Founded:** 2021
- **Headquarters:** Chattanooga, United States
- **Founders:** Matt Patterson (Co-Founder and General Partner), Cam Doody (Co-Founder and General Partner), Ted Alling (Founding Partner), Allan Davis (Founding Partner), Barry Large (Founding Partner)
- **Team size:** LinkedIn lists a company size of 2-10 employees and 25 associated profiles; supplied third-party enrichment estimates 23 people. Five general partners/founding partners are publicly identified.
- **Products:** Pre-seed and seed investment, Founder residency, The Yard, Brickhouse, Founder carry
- **Notable:** Raised a reported $17 million Fund I in about five weeks from 65 local limited partners in 2022., Built a public portfolio of 58 companies across the pilot fund, Fund I and Fund II by August 2026., Backed Brev before its acquisition by NVIDIA in 2024.

## Products & services

- **Pre-seed and seed investment** — Initial checks generally range from $250,000 to $1 million, with a current stated average of about $700,000; Brickyard prefers to lead but can follow.
- **Founder residency** — Selected co-founder teams move to Chattanooga and build in person until reaching a self-selected revenue or ARR target, typically over 18-24 months.
- **The Yard** — A private 12,000-square-foot, round-the-clock workspace in a converted century-old warehouse, including meeting rooms, fitness facilities and communal working areas.
- **Brickhouse** — An 11-bedroom furnished founder house offered as one housing option for resident founders.
- **Founder carry** — Founders who satisfy the firm's vesting condition receive economic upside tied to the other companies in their active fund.

## Achievements

- Raised a reported $17 million Fund I in about five weeks from 65 local limited partners in 2022.
- Built a public portfolio of 58 companies across the pilot fund, Fund I and Fund II by August 2026.
- Backed Brev before its acquisition by NVIDIA in 2024.
- Reported additional portfolio acquisitions including Rollfi, Sendspark and Pledge.
- Attracted founders from major U.S. and international startup markets to work in Chattanooga.
- Created a founder-carry structure that gives qualifying founders upside in other companies within their active fund.
- Reported in May 2026 that seven resident teams had each reached a $1 million revenue run rate within the prior 30 days.

## Latest updates

- **2024-07** — Portfolio company Brev was acquired by NVIDIA after Brickyard backed the company early and hosted its team in Chattanooga.
- **2025-10** — The public portfolio reached 50 companies with Memvid, followed by new investments in cold-chain logistics and spatial-data infrastructure.
- **2026-02** — Brick, an autonomous energy-savings company, became the 53rd company listed in Fund I.
- **2026-04** — Brickyard began publicly listing Fund II investments, including Retina Robotics and Unvale.
- **2026-05** — Matt Patterson reported that seven Brickyard teams had each reached a $1 million revenue run rate within the prior 30 days.
- **2026-08** — Arcangel, described by Brickyard as a patent workflow company, became the 58th company on its public portfolio page.

## Links

- Website: https://www.justlaybrick.com
- LinkedIn: https://www.linkedin.com/company/justlaybrick
- Twitter/X: https://x.com/BrickyardVC

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Profile page: https://yespress.io/brickyard
Published by YesPress — https://yespress.io
Last updated: 2026-08-15