What stage does Heartland Ventures invest at?

Heartland Ventures invests at the Pre-Seed, Seed, Series A, Growth, Late Stage stages.

What is Heartland Ventures's typical check size?

Heartland Ventures typically writes checks of $500K – $30M.

Where is Heartland Ventures located?

Heartland Ventures is headquartered in Columbus, US.

Heartland Ventures

Venture capitalActively deploying

Columbus · Pre-Seed–Late Stage · 16 people tracked

Also known as Heartland Ventures S2

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Investment thesis

Heartland Ventures is a venture capital firm investing in startups operating in the Midwest region. The firm focuses on helping portfolio companies develop customer relationships and achieve growth.

Invests inAdvanced Manufacturing Construction Tech Data & Infrastructure EdTech Enterprise Software Logistics & Supply Chain Mobility & Transportation PropTech Retail Tech SaaSColumbusNew YorkUnited States

Stage

Pre-Seed–Late Stage

Check

$500K – $30M

Columbus, Ohio, US

Instruments

Equity

Founded

2016

AUM

$52M

Tracked investments

Team · 16 people

from the firm's website & public directories

Max Brickman· Founder & Managing Partner· Columbus, Ohioin

Max Brickman founded Heartland Ventures in 2016 and serves as its Managing Partner, focusing on connecting established Midwest companies with coastal startups whose technology serves those industries. He oversees the firm's key investment decisions and its relationships with other venture capital partners, and tracks Midwestern business trends to identify tech needs and operational opportunities. He holds a B.S. in Finance and Entrepreneurship from the Kelley School of Business at Indiana University and was named to the Forbes 30 Under 30 list in 2022.

m•••@heartlandvc.comreveal

Braden Lambros· Partner, Communityin

Melissa Gundling D'Elia· Vice President, Community

Milan Joshi· Senior VP, Private Equityin

Conor McGuinness· Partner· Indianapolis, Indianain

Conor McGuinness is a Partner at Heartland Ventures, which he joined in 2019, working across the firm's venture capital and private equity activities including fundraising, deal sourcing, and portfolio company support. He established Heartland's Community function, which connects portfolio companies with Midwest-based corporate leaders, operators, and customers. Before Heartland, he led a software subsidiary of a national consulting firm serving middle-market manufacturing, construction, and logistics companies, and earlier advised Fortune 1000 clients and worked as an attorney at a Fortune 500 company. He holds degrees from Loyola University Maryland and the University of Notre Dame Law School.

c•••@heartlandvc.comreveal

Dan Reilly· Principal, Portfolio Operationsin

Gavin Fox· Director, Private Equityin

Lucas Pasch· Principal, Venture Capital· Greater Chicago Areain

Mary Kenney· Principal, Communityin

Daniel Corbett· Principal, Private Equity· Brooklyn, NYin

Daniel Corbett is a Principal at Heartland Ventures, where he oversees sourcing, due diligence, underwriting, and portfolio activities for the firm's private equity deals. He has worked as a private equity investor since 2016, including more than seven years at Aterian Investment Partners, where he completed over ten transactions in the industrials sector, and previously worked as a Senior Analyst in the Industrials Investment Banking group at Stifel. He holds a B.A. in Economics / Entrepreneurship & Management from Johns Hopkins.

d•••@heartlandgrowthpartners.comreveal

Ryan Leeper· Principal

r•••@heartlandvc.comreveal

Tom Williams· Principal

t•••@heartlandvc.comreveal

Mark Accomando· Venture Partner· New York, New Yorkin

Mark Accomando joined Heartland Ventures in 2017 and serves as a Venture Partner, supporting portfolio companies with strategic guidance. He was previously Vice President and General Manager at Sceptre, where he led sales, finance, and operations for a custom vacation package business, and later led its sale, taking on a Chairman role at the acquiring holding company. Earlier roles included hospitality management with Ritz Carlton in Ireland, logistics at Worldwide Express, and marketing at Tyson Foods; he holds a B.A. from Muhlenberg College and an MBA from the University of Notre Dame.

m•••@heartlandvc.comreveal

Hannah Milgrom· Executive Assistantin

Koby Doughty· Associate, Revenue Operations· Westerville, Ohio, United Statesin

Koby Doughty is an Associate in Revenue Operations at Heartland Ventures. He has prior experience directing revenue and client success operations at high-growth technology companies, with a focus on team building, client retention, and process efficiency. His work includes strategic planning, team design, procedure development, and data-driven problem-solving.

Sam Neufeld· Sr. Associate, Venture Capitalin

What they invest in

from 3 of 31 portfolio companies

AI & Machine Learning ×2Logistics & Supply Chain ×2Data & Infrastructure ×1PropTech ×1Robotics ×1SaaS ×1

HQs:United States×11

Investments · 31 tracked

founders shown can be your intro path

By year:2024 · 2 2023 · 3 2022 · 3 2021 · 19 dated

Champions Holdings, LLCJun 2023SEC filingmedium confidence

Granger, US

Ryan Rans(Manager)

Board seatRyan Rans· per SEC Form D · $33.2M raise · filed Jun 2023

Enaiaenaia.coin 𝕏Apr 2023SEC filingmedium confidence

Enaia builds an AI-based software platform for commercial real estate brokers, embedding brokerage workflows into the software to serve as an operating system for CRE brokerage.

AI & Machine LearningPropTechSaaSTampa, US

David Young(Executive Officer, Director, Promoter)

BoardNeil Berkman(Director)

Board seatMark Accomando· per SEC Form D · $1.7M raise · filed Sep 2024

GLC Hayden Flats HoldingsDec 2021SEC filingmedium confidence

Carmel, US

Ryan Rans(Director)David E. Powers(Executive Officer, Director)Christopher D. Reid(Executive Officer, Director)Clay Sheetz(Director)

Board seatRyan Rans· per SEC Form D · $8.9M raise · filed Jan 2022

GLC Vin Rogers, LLCNov 2023SEC filingmedium confidence

Granger, US

Ryan C. Rans(Manager)

Board seatRyan C. Rans· per SEC Form D · $14.1M raise · filed Nov 2023

Grandview III DevelopmentNov 2024SEC filingmedium confidence

Granger, US

Ryan C. Rans(Manager)

Board seatRyan C. Rans· per SEC Form D · $30M raise · filed Nov 2024

Jordan Creek HoldingsJan 2022SEC filingmedium confidence

South Bend, US

Ryan C. Rans(Manager of Manager)

Board seatRyan C. Rans· per SEC Form D · $11.5M raise · filed Feb 2022

Maple Block Holdings, LLCApr 2024SEC filingmedium confidence

Granger, US

Ryan C. Rans(Manager)

Board seatRyan C. Rans· per SEC Form D · $6.4M raise · filed May 2024

Soil Connect ServicesDec 2022SEC filingmedium confidence

Plainview, US

Wills Hapworth(Director)Daniel Fetner(Director)Cliff Fetner(Executive Officer, Director, Promoter)

Board seatMark Accomando· per SEC Form D · $6.2M raise · filed Jan 2023

Zelta Technology IncOct 2022SEC filingmedium confidence

Jersey City, US

Pierce Healy(Executive Officer, Director)

Board seatConor McGuinness· per SEC Form D · $120K raise · filed Nov 2022

ADF Engineering

Aldoa

Claira

Classroom

Endeavor

Firmus

GenLogsgenlogs.ioin 𝕏

GenLogs provides truck intelligence through roadside sensors, satellites, and data integration, serving brokers, shippers, law enforcement, and finance companies with real-time visibility on motor carriers across America.

Data & InfrastructureLogistics & Supply ChainArlington, US

Ryan Joyce(Executive Officer, Director)Joseph Sherman(Executive Officer, Director)Sherman Sherman(Executive Officer, Director)

BoardMorgan Hitzig(Director)Talal Attieh(Director)

Kea

Laborup

LinkedField

Mimir

Parkade

Parspec

Pear Commerce

ProjectMark

Retina Robotics

Soil Connectsoilconnect.comin

Spidr

Stack Healthcare

Third Wave Automationthirdwave.aiin

Third Wave Automation develops physical AI, robotics, and automation technology for warehouse operations, aimed at improving warehouse safety and efficiency.

AI & Machine LearningLogistics & Supply ChainRoboticsUnion City, US

Arshan Poursohi(Chief Executive Officer & Cofounder)Dr. James R Bruce(Chief Technology Officer)Vinay Balan(Vice President Operations & Chief Safety Officer)Al Biglan(Vice President Engineering)Victor Osimitz(Vice President Strategy & Commercial)

Victory Machine & Fab

Workstream

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 Heartland Ventures invest at?: Heartland Ventures invests at the Pre-Seed, Seed, Series A, Growth, Late Stage stages.
What is Heartland Ventures's typical check size?: Heartland Ventures typically writes checks of $500K – $30M.
What sectors does Heartland Ventures focus on?: Heartland Ventures focuses on Advanced Manufacturing, Construction Tech, Data & Infrastructure, EdTech, Enterprise Software, Logistics & Supply Chain, Mobility & Transportation, PropTech, Retail Tech, SaaS.
Where is Heartland Ventures located?: Heartland Ventures is headquartered in Columbus, US.

Media · Podcasts & interviews

featuring the team

EP 389: Investing in Warehouse Technology: Insights from Heartland Ventures Partner Conor McGuinness

The New Warehouse · Conor McGuinness

Co-investors · 1

EquipmentShare

EquipmentShare is an equipment rental and construction technology company that provides builders and contractors with reliable equipment rentals, fleet management tools, and a cloud-connected operating system called T3 to improve jobsite productivity and safety.

Firms observed investing alongside Heartland Ventures, from public investor directories. Shared companies are the overlap with Heartland Ventures's recorded portfolio.

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