Capital Midwest Fund

Capital Midwest Fund is a Milwaukee, Wisconsin-based venture capital firm with a strategic focus on growth-stage companies across key sectors including advanced manufacturing, B2B SaaS, and healthcare IT. Established with a commitment to fostering innovation within the Midwest and beyond, the firm primarily targets businesses that have achieved significant traction, typically demonstrating revenues between $5 million and $25 million. Their investment philosophy centers on providing capital and strategic guidance to help these companies scale operations, expand market reach, and accelerate product development.

The firm is known for its hands-on approach, often taking a lead or co-lead position in investment rounds. This active involvement extends to participating in follow-on funding to support portfolio companies through various growth phases. Capital Midwest Fund seeks to partner with strong management teams, leveraging its deep industry expertise and network to drive value creation. Their investment thesis emphasizes companies with proprietary technology, strong competitive advantages, and significant market opportunities within their specialized domains.

Capital Midwest Fund's typical initial investment ranges from $3 million to $7 million, reflecting their commitment to providing substantial growth capital. The firm successfully closed its fourth fund, Capital Midwest Fund IV, in 2022, raising $100 million to continue its investment strategy. This follows their previous fund, Capital Midwest Fund III, which closed at $80 million in 2017. With a portfolio that includes over 40 investments and more than 10 exits, Capital Midwest Fund has demonstrated a consistent track record of identifying and nurturing promising technology and manufacturing enterprises.