
M25
Description
M25 is a prominent early-stage venture capital firm based in Chicago, Illinois, distinguished by its dedicated focus on startups headquartered across the Midwest region of the United States. Recognized as one of the most active early-stage VCs in this geographic area, M25 plays a crucial role in fostering the burgeoning tech ecosystem outside traditional coastal hubs. The firm's investment thesis centers on identifying and supporting promising companies across a diverse range of industries within the 14 states that comprise its target market.
The firm primarily targets pre-seed and seed-stage companies, often serving as the inaugural institutional investor for its portfolio companies. M25's typical initial investment ranges from $250,000 to $1,000,000, providing essential early capital to help startups achieve critical milestones and attract subsequent funding rounds. This strategic approach allows M25 to build strong relationships with founders from the earliest stages, offering not just capital but also strategic guidance and network access.
M25 boasts an extensive and diverse portfolio, having invested in over 100 companies since its inception. These companies span various sectors, reflecting the firm's broad industry agnostic approach within its regional focus. A testament to the success of its investment strategy, M25's portfolio companies have collectively gone on to raise more than $1.5 billion in follow-on funding from a wide array of investors. This significant capital infusion underscores the quality of the startups M25 backs and its effectiveness in catalyzing their growth within the Midwest's vibrant entrepreneurial landscape.
Investor Profile
M25 has backed more than 153 startups, with 7 new investments in the last 12 months alone. The firm has led 23 rounds, about 15% of its total and boasts 22 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Health Care, SaaS.
- Led 3 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (61%)
- Series A (21%)
- Pre Seed (8%)
- Series B (3%)
- Series Unknown (3%)
- Debt Financing (1%)
- Convertible Note (1%)
Country Focus
- United States (99%)
Industry Focus
- Software
- Health Care
- Saas
- Information Technology
- Enterprise Software
- E-commerce
- Analytics
- Insurance
- Mobile
- B2b
Frequently Asked Questions
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