Sununu’s First Private Sector Role Since Leaving Office Underscores Confidence in Scope Labs Capital’s Strategy to De-Risk Early-Stage Investment
NEW YORK–(BUSINESS WIRE)–Scope Labs Capital, the investment arm of the full-stack technology firm Scope Labs, today announced the appointment of former New Hampshire Governor Chris Sununu to its Investment Committee. This marks Sununu’s first formal role in the private sector since concluding his four terms as governor, signaling strong confidence in Scope Labs Capital’s unique approach to early-stage investing.
«Governor Sununu brings a rare combination of operational, financial, and governance expertise, and his presence at the table strengthens our ability to make bold but risk-aware investments in breakthrough technologies,» said Dave Sukoff, Managing Partner of Scope Labs Capital. «We share a belief that early-stage innovation can be both visionary and disciplined, and that by significantly reducing technology risk through our unique, integrated startup ecosystem—where product development, engineering and capital all work together from day one—we create an asymmetric risk-reward profile that can deliver exceptional returns for our investors while supporting truly innovative digital product companies.»
Sununu, a graduate of the Massachusetts Institute of Technology (MIT) and an accomplished business leader prior to being elected as a governor, has a long-standing relationship with Sukoff dating back to their studies at MIT. The two have previously collaborated on venture investments, further deepening their shared perspective on evaluating and supporting high-potential startups. Prior to his tenure in public office, Sununu served as CEO of Waterville Valley Ski Resort and worked as an environmental engineer.
«Scope Labs Capital is doing something truly different,» said Sununu. «This firm is deeply involved in solving meaningful problems through smart, hands-on technology development. The hands-on approach is engineered to reduce risks traditionally associated with angel and seed-stage investing, without sacrificing ambition, and that’s what sets it apart. I’m excited to support this mission and help identify the next generation of impactful startups that are ready to grow and lead.»
Scope Labs Capital operates within a broader startup ecosystem that includes Scope Studio for client-based development and Scope Incubator for internal idea development, offering end-to-end product development, design and technical resources to founders. With deep MIT roots and access to elite talent, in just 18 months Scope Labs has helped clients collectively raise over $20 million, with combined valuations surpassing $200 million.
The addition of Governor Sununu underscores Scope Labs Capital’s strategy to combine rigorous technical support, high-quality startup selection, and smart capital deployment to significantly de-risk early-stage investments.
Scope Labs Capital plans to launch its Early Stage Venture Fund in Q2 2025. The fund will focus on seed-stage investments in exceptional digital product companies, with an initial target size of $10 million and a goal of backing 20-25 startups sourced from Scope’s established ecosystem of technical talent and innovation.
To learn more about Scope Labs Capital, visit www.scopelabscapital.com.
ABOUT SCOPE LABS
Scope Labs is a comprehensive startup ecosystem founded by MIT-trained entrepreneurs and engineers. Based in New York City, the company includes Scope Studio, The Lab Incubator, and Scope Labs Capital. Through its integrated model, Scope Labs acts as a startup’s outsourced technical co-founder, helping founders build high-quality products and launch new enterprises while mitigating investor risk. To date, Scope Labs has partnered with over 20 early-stage companies, supporting product development, fundraising, and long-term growth. Learn more at www.scopelabs.com.
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