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MPG Fund

North America, North Carolina, United States, Charlotte

Description

MPG Fund is a Charlotte, North Carolina-based venture capital firm that specializes in investing in early-stage technology companies. The firm provides both capital and strategic guidance, focusing on disruptive innovation across key sectors such as SaaS, fintech, healthcare IT, and advanced manufacturing. Their investment thesis centers on partnering with founders who demonstrate strong vision and execution capabilities, aiming to support companies that are leveraging technology to solve significant problems or create new markets.

As an early-stage investor, MPG Fund typically participates in Seed and Series A funding rounds. They are known for supporting companies from their nascent stages, helping them scale and achieve market traction. Their portfolio reflects a commitment to high-growth potential startups, with a focus on fostering long-term success through active engagement and strategic support.

While specific fund sizes are not publicly disclosed, MPG Fund's typical initial investment ranges from approximately $250,000 to $1,500,000. This range positions them as a significant early capital provider for promising tech ventures. The firm has built a diverse portfolio of over 15 companies, including notable successes and exits such as MapAnything (acquired by Salesforce) and Passport (acquired by Learfield IMG College). This track record underscores their ability to identify and nurture valuable technology businesses.

Beyond capital, MPG Fund emphasizes providing strategic support, leveraging their network and expertise to assist portfolio companies with growth, market entry, and subsequent fundraising efforts. Their presence in the Charlotte ecosystem also positions them as a key player in the burgeoning Southeast tech scene, contributing to regional innovation and economic development.

Investor Profile

MPG Fund has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Colombia, Canada.
  • Strong thematic focus on Software, Information Technology, Financial Services.
  • Typical check size: $250K – $1.5M.

Stage Focus

  • Seed (52%)
  • Pre Seed (30%)
  • Series A (13%)
  • Series B (4%)

Country Focus

  • United States (91%)
  • Colombia (4%)
  • Canada (4%)

Industry Focus

  • Software
  • Information Technology
  • Financial Services
  • E-commerce
  • Fintech
  • Apps
  • Health Care
  • Artificial Intelligence (Ai)
  • Finance
  • Insurance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does MPG Fund frequently co-invest with?

Four Cities Capital
North America, Massachusetts, United States, Newton
Co-Investments: 2
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 6
Banana Capital
North America, Michigan, United States, Ann Arbor
Co-Investments: 2
I2BF Global Ventures
North America, New York, United States, New York
Co-Investments: 2
BP
North America, District of Columbia, United States, Washington
Co-Investments: 2
Primary Venture Partners
North America, New York, United States, Manhattan
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 3
Evolution Ventures
North America, California, United States, Cupertino
Co-Investments: 2

Which angels does MPG Fund often collaborate with?

Sam Bankman-Fried
North America, New Providence, Bahamas, Nassau
Shared Deals: 1
LG
North America, California, United States, San Francisco
Shared Deals: 3
WH
North America, California, United States, San Francisco
Shared Deals: 1
AF
North America, California, United States, San Francisco
Shared Deals: 1
LF
North America, New York, United States, New York
Shared Deals: 1
Darian Shirazi
North America, California, United States, San Francisco
Shared Deals: 1
EW
North America, California, United States, San Francisco
Shared Deals: 1
ED
North America, California, United States, Menlo Park
Shared Deals: 1
ST
North America, California, United States, Stanford
Shared Deals: 1
MG
North America, California, United States
Shared Deals: 1

What are some of recent deals done by MPG Fund?

Packsmith

Los Angeles, California, United States

Packsmith is a distributor of e-commerce brands and provides delivery services.

LogisticsTransportationWarehousing
SeedMar 27, 2023
Craftwork

Charlotte, North Carolina, United States

Craftwork is a full-service home painting company that uses software to dramatically improve the homeowner and operator experience.

Consumer SoftwareHome ServicesInformation Technology
Pre SeedJan 1, 2023
Amount Raised: $4,000,000
Mobot

New York, New York, United States

Mobot is a QA-as-a-service platform using real mechanical robots to automate testing on real mobile devices.

B2BDeveloper ToolsMobile AppsQuality AssuranceRoboticsSoftware
Series AAug 15, 2022
Amount Raised: $12,500,000
Immigo

San Francisco, California, United States

Peer-to-peer, cohort-based English learning platform.

CommunitiesContent CreatorsEdTechInformation Technology
Pre SeedAug 1, 2022
Amount Raised: $1,100,000
EvaBot

San Mateo, California, United States

Eva is helping businesses build authentic relationships with their clients by making it easy to send personalized gifts.

Artificial Intelligence (AI)E-CommerceGiftInformation TechnologyVirtual Assistant
Series AJul 28, 2022
Amount Raised: $8,330,000
SureBright

Toronto, Ontario, Canada

SureBright is an insurance-as-a-Service platform that enables any company to embed insurance and warranty products on their website.

InsuranceInsurTech
SeedJul 1, 2022
Pigeon

Miami, Florida, United States

Pigeon is a peer-to-peer lending platform that facilitates loans between family, friends, and loved ones.

FinanceFinancial ServicesFinTechPayments
SeedMay 17, 2022
Amount Raised: $2,500,000
Avocademy

Miami, Florida, United States

Avocademy develops education platform intended for training professionals in UX/UI designing.

EducationRecruitingUX Design
SeedApr 6, 2022
Mentra

Charlotte, North Carolina, United States

A neurodiversity-focused recruiting platform

InternetRecruitingSocial ImpactSoftwareStaffing AgencyTraining
Pre SeedFeb 3, 2022
Amount Raised: $1,110,000
Compound

San Francisco, California, United States

Compound is a family office for people who work in tech. Built by engineers who know what QSBS is and CFAs who know what APIs are.

Angel InvestmentFinancial Services
Series BJan 27, 2022
Amount Raised: $25,000,000