Fundraising Fox

Capital Midwest Fund

Venture capital

Mequon · Seed–Growth · 3 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

Capital Midwest Fund targets revenue-stage companies headquartered in the Central United States that deliver problem-solving technology solutions across software, services, and products, primarily serving industrial, manufacturing, and other enterprise customers. The fund looks for management teams that understand trending technology themes, have applied that understanding practically to solve specific customer problems, and have demonstrated traction in gaining market acceptance.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Mequon, Wisconsin, US
Instruments
Equity
Founded
2007
AUM
$100M
Tracked investments
49

Team · 3 people

from the firm's website

What they invest in

from 22 of 49 portfolio companies

SaaS ×13Enterprise Software ×9AI & Machine Learning ×7Fintech ×3Hardware ×3Healthtech ×3IoT ×3Biotech ×2

HQs:United States×25

Investments · 49 tracked

founders shown can be your intro path
SeaStar Medicalseastarmedical.comin𝕏NASDAQ: ICU

HealthtechDenver, US

Eric Schlorff(Executive Officer, Director)

Physician Software Systemsphysoft.com✓ verified

PhySoft develops AI-driven software that generates individualized dosing recommendations for hard-to-titrate and narrow therapeutic index drugs, replacing protocol-based treatment with patient-specific regimens.

AI & Machine LearningDigital HealthSaaSLisle, US

Lewis A. Mitchell(Executive Officer, Director, Promoter)Kevin Dahill(Director)Lewis Mitchell(Chief Executive Officer)Roelof Boonstra(Chief Technology Officer)John Kluska(Chief Client Officer)Tim Nelson(Chief Financial Officer)

THEORIS SOFTWARE, INC.SEC filingmedium confidence

St. Petersburg, US

James Cutillo(Executive Officer, Director)J. Michael Cunningham(Director)Daniel Einhorn(Director)Joseph Bryant(Director)Mark Komanecky(Director)Aaron Stafford(Director)

Board seatDaniel Einhorn· per SEC Form D · $9.4M raise · filed Mar 2023

(NASDAQ: GEMP)neurobopharma.com
(NASDAQ: OCUP)ocuphire.comin
(PMI)predisease.com
(TPI)kashivbiosciences.com
Adadaptedadadapted.comin

AdAdapted builds a platform that connects digital advertising to purchase intent for consumer packaged goods brands and agencies, enabling shoppers to see relevant ads earlier in their buying journey.

AdTechConsumerMarketing TechAnn Arbor, US

Molly McFarland(Executive Officer)Michael Pedersen(Executive Officer, Director)Robert Cell(Director, Promoter)

AIQaiq-solutions.comin𝕏
Albi
Albiware Inc.albiware.comin𝕏

Albi provides software for the insurance damage restoration industry, serving contractors and restoration companies.

Construction TechEnterprise SoftwareInsurTechPropTechSaaSDowners Grove, US

Alex Duta(Founder)inShamoil Soni(Founder)in

Appraisalvisionappraisalvision.com𝕏
backstitchbackstitch.ioin𝕏

Backstitch provides internal communications and employee engagement software for organizations across industries including non-profits, health systems, manufacturing, and hospitality.

Enterprise SoftwareHR TechSaaSKansas City, US

Stefanie M. Warzecha(Executive Officer, Director)Chris Seago(Director)Jordan P. Warzecha(Executive Officer, Director)

BitSight Technologiesbitsight.comin𝕏

Bitsight provides a cyber risk intelligence platform that monitors entities across the internet to identify vulnerabilities and emerging threats in real time.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareCambridge, US

Nagarjuna Venna(Executive Officer, Director)Shaun McConnon(Executive Officer, Director)Robert T Turner(Executive Officer, Director)Venky Ganesan(Director)Brendan Hanningan(Director)David Aronoff(Director)

Blue Pillarbluepillar.comin𝕏

Indianapolis, US

Bill Kingsley(Director)John McIlwraith(Director)Thomas J. Willie(Executive Officer, Director)Jeff Pontius(Director)Brad Witter(Executive Officer, Director)Jason Rottenberg(Director)

Elategoelate.comin

Elate is a platform for strategy and operations teams to align people, automate reporting, and track strategic execution, with an AI engine called Strategy Advisor for problem-solving.

AI & Machine LearningEnterprise SoftwareSaaSIndianapolis, US

William Brooks Busch(Executive Officer, Director)Abigail Parker(Executive Officer, Director)Mike Asem(Director)

enosiXenosix.comin𝕏

enosix provides real-time SAP integration solutions that unify complex enterprise systems for manufacturers, consumer products companies, and other large organizations.

Data & InfrastructureEnterprise SoftwareSaaS

Gerald Schlechter(Founder and Chief Strategy Officer)in

FactoryFixfactoryfix.comin𝕏

Chicago, US

Patrick O'Rahilly(Executive Officer, Director)

Forecastrforecastr.coin𝕏

Forecastr provides financial planning and CFO services to early-stage founders and startups, helping them prepare for funding rounds and manage company growth.

Enterprise SoftwareFintechSaaSLouisville, US

Steven Plappert(Founder)Logan Burchett(Founder)Jonathan Frazier(Founder)Steven Ambs(Founder)John Shumate(Director)

BoardRobert Penta(Director)

Fraytfrayt.comin𝕏

Frayt operates a logistics technology platform designed to build an innovative ecosystem for the logistics industry.

B2B MarketplacesLogistics & Supply ChainSaaSUnited States, US

Luke Denny(Executive Officer, Director)Timothy Yarbrough(Director)Clancy Boyer(Director)Joshua McCord(Director)

Gemphire Therapeutics
HarQenharqen.com
Health Scholarshealthscholars.com

Westminster, US

BRIAN GILLETT(Executive Officer)ROBERT SEHRING(Director)ANGELA MCFARLAND(Executive Officer)SCOTT JOHNSON(Executive Officer, Director)LAURA MEDINA(Executive Officer)RIKARD STEIBER(Director)

Hologramhologram.ioin𝕏

Hologram provides global IoT connectivity solutions that simplify device management and reduce costs for businesses deploying internet-connected devices across multiple countries.

HardwareIoTSaaSChicago, US

Benjamin Forgan(Executive Officer, Director)Patrick Wilbur(Executive Officer, Director)Anne Rosen(Executive Officer)

BoardNick Solaro(Director)

Intellihotintellihot.com
Intellisparkintellispark.comin𝕏

Intellispark provides a mobile and desktop platform for coordinating student support activities across schools, connecting teachers, counselors, clinicians, and educators with students and families.

EdTechMental HealthSaaSMclean, US

Shaun Fanning(Executive Officer, Director)Stephen Smith(Executive Officer, Director)

BoardDeborah Quazzo(Director)

​LightGuidelightguidesys.comin𝕏
LiquidCool Solutionsliquidcoolsolutions.comin
Lumanulumanu.com

Lumanu provides a platform for teams to manage vendor relationships with creators and influencers, handling onboarding, compliance, and payments.

Creator EconomyEnterprise SoftwareFintechSaaSBurlingame, US

Tony Tran(CEO and Founder)Kevin Katari(Executive Officer, Director)Peter Sachse(Director)Hieu Tran(Executive Officer, Director)Paul Johnson(Director)

Nucurrentnucurrent.com

NuCurrent develops wireless charging technology and products focused on delivering wireless charging experiences for customers.

ConsumerDeep TechHardwareIoTChicago, US

Randall Korach(Director)Michael Seedman(Director)Keith Browning(Director)Jacob Babcock(CEO)John Major(Director)Heidi Arkinstall(Director)

Ocuphire Pharma

BiotechWest Bloomfield, US

Meyer Alan(Director)Mina Sooch(Executive Officer, Director)

OnKölonkol.net
PegExpegex.com
Rapid Diagnostekqorvo.comin𝕏

Qorvo develops radio frequency (RF) and power technologies, including design and manufacturing advancements for communications applications.

HardwareHealthtechIoTSemiconductorsPlymouth, US

Brock Siegel(Director)Charlie Goff(Director)Jack Ahrens(Director)Harry Norris(Executive Officer, Director)Paul Knapp(Director)Steve Einhorn(Director)

Realityblurealityblu.com
Realyncrealync.comin𝕏

Realync offers a virtual platform for the multifamily real estate industry, providing video and 360-degree tours plus communication tools that let property owners and managers connect with prospective and current residents.

Media & EntertainmentPropTechSaaSVernon Hills, US

Matthew Weirich(Executive Officer, Director)Ani Rangarajan(Co-Founder)Matt Weirich(Co-Founder & CEO)

ScholarCentric
Shoptelligenceshoptelligence.com

Ann Arbor, US

Robert Cell(Director)Laura Khoury(CEO and President)Nancy Gilby(Director)

Sierra Oncologysierraoncology.comin𝕏

A biopharmaceutical company that discovers, develops, and delivers medicines and vaccines, with research and development across respiratory, immunology and inflammation, oncology, HIV, and infectious diseases.

BiotechHealthtechMedical DevicesSan Francisco, US

SkySpecsskyspecs.comin

SkySpecs provides data management and analytics software for renewable energy asset operators, helping them optimize maintenance and operational decisions for wind and solar installations.

AI & Machine LearningCleantechClimate TechEnergySaaSAnn Arbor, US

Richard Katz(Director)Peter Wells(Director)Vikas Agrawal(Director)David Roberts(CEO)Alexander Kuppers(Director)Tanner Mahoney(Director)

Sprocket Securitysprocketsecurity.comin𝕏
Surreal Flowercapacity.comin

Capacity builds an AI-powered platform for contact centers and support teams that automates customer support interactions through AI agents and agent assist tools.

AI & Machine LearningEnterprise SoftwareSaaSSt. Louis, US

David Karandish(Founder)Chris Sims(Co-founder)

Texteltextel.netin
ThirdPartyTrustthirdpartytrust.comin𝕏
TPI
Untitled-design-57betteryou.aiin

BetterYou uses AI and cognitive science to build workplace wellness programs that encourage healthier habits such as better sleep, more physical activity, and social connection.

AI & Machine LearningHR TechWellness & Fitness

VALID8 Financialvalid8financial.comin

Valid8 provides AI-powered software to extract, verify, and visualize transaction data from financial documents for forensic investigations and fraud detection.

AI & Machine LearningEnterprise SoftwareFintechLegalTechBoulder, US

Tod McDonald(Executive Officer, Director, Promoter)Chris McCall(CEO)

BoardDaniel Einhorn(Director)Roger Chen(Director)Kevin Riegelsberger(Director)

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Capital Midwest Fund invest at?
Capital Midwest Fund invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does Capital Midwest Fund focus on?
Capital Midwest Fund focuses on Advanced Manufacturing, Enterprise Software, SaaS.
Where is Capital Midwest Fund located?
Capital Midwest Fund is headquartered in Mequon, US.

Similar investors

Featured in lists