/Investor DB

FMG Capital

Family office

Chicago · 7 people tracked

Find your way into FMG Capital

Each arrow is one introduction. Sign up to fill in the first one.

480 people can intro you to Ashwin

Ask Ato Bentsi-Enchill to introduce you to Ashwin Puri

You →Ato · together at Frontiers Forum →Ashwin

Sign up to find every way you can get introduced to FMG Capital

  • Your email: who you already know at FMG Capital, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the FMG Capital team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

First Midwest Group is a commercial and residential real estate development and property management company established in 1984 that operates across Illinois and Wisconsin.

Invests inPropTechSector AgnosticChicagoGlobalUnited States

Source: firm website, verified Aug 6, 2026.

HQ
Chicago, IL, US
Instruments
Equity
Founded
1984
Tracked investments
21
Unicorns
1
IPOs
2

Team · 7 people

from the firm's website & public directories

What they invest in

from 13 of 21 portfolio companies

Consumer ×7PropTech ×4AI & Machine Learning ×2B2B Marketplaces ×2Digital Health ×2Healthtech ×2Advanced Manufacturing ×1AgTech ×1

HQs:United States×10Singapore×2India×1

Investments · 21 tracked

founders shown can be your intro path
Adaptive Biotechnologiesadaptivebiotech.comin𝕏NASDAQ: ADPT

Adaptive Biotechnologies applies the genetics of the adaptive immune system to diagnostics and therapeutics, translating immune-system data into clinical insights for clinicians and biopharma companies.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesSeattle, US

Chad Robins(Chief Executive Officer, Co-founder, Chairman of the Board)inHarlan Robins(Co-founder; Chief Scientific Officer until 2026)inKathleen Determann(Executive Officer)inDean Schorno(Executive Officer)inChris Carlson(Executive Officer)Kyle Piskel(Chief Financial Officer)in

Co-investorsDecheng CapitalForesite CapitalKhosla VenturesViking GlobalCasdin CapitalOrbiMed

Cresco Labscrescolabs.comin𝕏OTC: CRLBF

Cresco Labs is a vertically integrated cannabis producer and retailer that cultivates, manufactures, and distributes cannabis products through national brands and Sunnyside dispensaries.

Advanced ManufacturingAgTechB2B MarketplacesConsumerDigital HealthHealthtechChicago, US

Joseph Caltabiano(Executive Officer, Director, Promoter)Charles Bachtell(Executive Officer, Director, Promoter)Jason Erkes(Executive Officer)inDennis Olis(Executive Officer)inGreg Butler(Executive Officer)inKayvan Khalatbari(Executive Officer)in

Co-investorsMerida Capital Holdings

Boxed Storageboxedupselfstorage.com

Boxed Up Self Storage is a locally owned self storage provider in Northern Illinois offering contactless 24/7 rentals of climate-controlled units, drive-up units, and vehicle, boat, and RV parking.

ConsumerPropTech

Creative Galileotoondemy.comSeed · Oct 2021 · $3M

Toondemy provides NEP and EYFS aligned smart book sets, AI-powered learning tools, and a unified school app for preschool and kindergarten education (Preschool, Nursery, Junior KG, Senior KG).

AI & Machine LearningEdTechSaaS

Co-investorsKalaari CapitalEast Ventures

Dsgcpdsgcp.com

DSGCP is a venture capital and private equity firm focused on consumer brands in India and Southeast Asia, providing early-stage funding up to $5 million and operational support to founders building brands for next-generation consumers.

Consumer

Elev8elev8.vc

Elev8.vc is a venture capital fund based in Singapore that invests in early-stage startups developing advanced technologies, particularly in enterprise and deep tech sectors.

Climate TechDeep TechMobility & TransportationSingapore, SG

Forest City Pubforestcitypubrockford.com

Forest City Pub is a casual pub and bar in Rockford serving food and drinks to Radisson Hotel guests and local patrons.

ConsumerRockford, US

Golden Gategoldengate.vc

Golden Gate Ventures is an early-stage venture capital firm that invests in technology startups addressing opportunities in Southeast Asia's emerging consumer markets.

B2B MarketplacesFintechSingapore, SG

Kelvin TeoReynold Wijaya

Co-investorsMekong CapitalApolloArdian

Grubb Propertiesgrubbproperties.comin𝕏

Grubb Properties manages real estate investment funds with a focus on demographic-driven demand strategies.

Construction TechPropTechCharlotte, US

Clay Grubbin

Pabraifundspabraifunds.com

Pabrai Investment Funds is a private investment fund.

West Lake Hills, US

Mohnish Pabrai(Managing Partner)

Radissonrockfordradisson.comin

A hotel and event venue in Rockford, Illinois offering 114 guest rooms and a 7,200 square-foot ballroom for conferences, weddings, and corporate events.

ConsumerTravel & HospitalityRockford, US

Rockford Business Centerrockfordbc.comin

Rockford Business Center provides professional office spaces for small businesses, freelancers, and self-employed professionals.

PropTechRockford, US

Siena On Brendenwoodsienaonbrendenwood.org

Siena on Brendenwood is a senior independent living retirement community offering housing and amenities for older adults.

ConsumerPropTechWellness & FitnessRockford, US

Volcano Fallsvolcanofalls.com

Volcano Falls operates an indoor-outdoor recreation park in Rockford serving the local community with attractions including go-karts, batting cages, arcade games, miniature golf, and other entertainment activities.

ConsumerRockford, US

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Adaptive BiotechAlpha PartnersC.R.EDSG Consumer PartnersPabrai Investment FundsUnseen VenturesWaveseer

Exits · 2

2 IPOs

Adaptive BiotechnologiesNASDAQ: ADPTCresco LabsOTC: CRLBF

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has FMG Capital made?
FMG Capital has 21 tracked investments, 2 of which have exited.
What sectors does FMG Capital focus on?
FMG Capital focuses on PropTech, Sector Agnostic.
Where is FMG Capital located?
FMG Capital is headquartered in Chicago, US.
Who does FMG Capital co-invest with?
FMG Capital most often shares deals with Decheng Capital, Foresite Capital, Khosla Ventures, among 6 tracked co-investors.

Images

FMG Capital photoFMG Capital photoFMG Capital photoFMG Capital photoFMG Capital photoFMG Capital photo

Similar investors

Featured in lists