Effingham · Seed–Late Stage · 12 people tracked
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Investment thesis
Open Prairie centers its investment approach on improving access to capital in underserved markets, drawing on deep roots in agriculture and rural America. The firm manages a range of investment portfolios spanning technology-based venture capital through to farmland, reflecting a multi-faceted strategy anchored in the American heartland.
Source: firm website, verified Aug 3, 2026.
Team · 12 people
from the firm's website & public directoriesHayli Anderson serves as lead Executive Administrator at Open Prairie, coordinating the firm's daily operations. Her responsibilities include bookkeeping, budgeting, accounting and auditing, financial planning, and investor relations. She holds an Associate of Science in Accounting from Olney Central College.
Jason Wrone is Vice President of Open Prairie and a fund manager with more than 15 years working with small businesses across various sectors, handling investor relations, due diligence, oversight of existing investments, and sourcing new deals. He co-founded Fieldcrest Homes, a central Illinois residential and multi-family construction firm, and holds an Illinois Managing Broker Real Estate license. His earlier career included roles as a CFO of a retail rental franchise, COO of an outdoor advertising company, and a pharmaceutical representative at Eli Lilly; he earned an MBA in Finance and Entrepreneurship from the University of Illinois and a bachelor's in Finance and Marketing from Eastern Illinois University.
Lee Strom is a Partner at Open Prairie and a third-generation farmer with production experience in grains, vegetables, and livestock. He previously served as CEO of FARM Illinois, an agriculture and food strategy initiative, and was appointed to the Board of the Farm Credit Administration in 2006, later becoming its Chairman and CEO in 2008. His earlier roles included director positions at AgriBank, 1st Farm Credit Services, and the Farm Credit Council, and he holds a Bachelor of Science in Business from Northern Illinois University.
Matt McKenna is a Partner at Open Prairie and leads the Rural Opportunity Initiative as an Executive in Residence at Georgetown University's McDonough School of Business. He previously served as a Senior Advisor to Secretary of Agriculture Tom Vilsack, launching public-private initiatives to bring capital to rural America, and spent 15 years at PepsiCo in roles including Senior Vice President of Finance and Treasurer. Earlier in his career he was a partner at Winthrop, Stimson, Putnam and Roberts focusing on federal income tax, and he holds a JD and LLM from Georgetown University Law Center and a BA from Hamilton College.
Michael Peck is a Venture Partner at Open Prairie and President and CEO of Innara Health, with over 20 years working with early-stage companies and expertise in medical devices, biotechnology, and information technology. He co-founded Flyover Capital, a Kansas-based early-stage investment firm, and previously served as Vice President of Investments for the Kansas Technology Enterprise Corporation (KTEC). Earlier in his career he was CEO of two dot-com era companies and a management consultant at Accenture. He holds a Masters in Engineering and an MBA from Northwestern University and a BS in Mechanical Engineering from the University of Kansas.
Patrick Morand is President of Open Prairie with more than 35 years in investment and company management within regulated industries, focusing on turnaround management, investor relations, and accountability standards. Before Open Prairie, he was Managing Director of the Southwest Michigan First Life Science Fund and served as CEO of three biologics companies, as well as VP of Commercial Operations at Genesis Therapeutics, EVP at Sequitor Medical Technologies, and Executive in Residence at the Pittsburgh Life Sciences Greenhouse. He holds a Bachelor of Arts in Philosophy from the Athenaeum of Ohio.
Rajiv Singh is a Partner at Open Prairie with a background in corporate finance, investing and business leadership. He previously served as CEO of Rabobank North America Wholesale Banking, overseeing corporate and institutional client activities across the U.S., Canada and Mexico, and held earlier roles at Deutsche Bank, Credit Suisse, United Technologies and Nestle. He has helped launch food and agribusiness innovation programs including Foodbytes, MIT Food Prize, Terra and FoodShotGlobal, and holds an MBA from Harvard Business School and Masters and Bachelors of Technology degrees from the Indian Institute of Technology.
Ryan Dammeyer is a Partner with Open Prairie who advises the firm on debt and equity financing structures. He serves as Managing Director and Head of Structured Finance for Square 1 Bank, a division of PacWest Bank, overseeing the bank's Midwest region, and previously was CFO of Liquidus Marketing, spent nearly a decade at Silicon Valley Bank, and was a Director at NewStream Capital. He holds a Bachelor of Science in Public Financial Management with a Minor in Economics from Indiana University.
What they invest in
from 7 of 7 portfolio companiesAgTech ×4FoodTech ×4Advanced Manufacturing ×1Biotech ×1Circular Economy ×1Consumer ×1Crypto & Web3 ×1Data & Infrastructure ×1
HQs:United States×6
Investments · 7 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12022 · 12021 · 12019 · 12018 · 16 dated
IngredientWerks is a molecular farming company that engineers plants to produce plant-based proteins and ingredients for the alternative protein market.
AgTechBiotechFoodTechWoburn, US
Matt Plavan(Chief Executive Officer)inMichael Raab(R&D Lead)inJeremy Schley-Johnson(Vice President)inSteve Snyder(Director)James Schultz(Director)
BoardClinton Bybee(Director)in
Co-investorsARCH Venture PartnersCultivian Sandbox VenturesSandbox Industries
Farmer Focus is a poultry company that partners with family farmers in the Shenandoah Valley, allowing farmers to own their flocks and receive fair compensation while providing consumers access to humanely raised, sustainable chicken.
AgTechConsumerFoodTechShenandoah Valley, US
Co-investorsS2G InvestmentsNRV
FreshFry makes an all-natural, self-contained adsorbent pod that filters and extends the life of frying oil without additional equipment.
Advanced ManufacturingCircular EconomyFoodTechNew MaterialsLouisville, US
Jeremiah Chapman(Co-Founder & CEO)inJacob Huff(Co-Founder & COO)in
BoardAlex Frommeyer(Director)
Co-investorsBluegrass Angel VentureFTW VenturesKeyhorse CapitalLightship Capital
Market Wagon operates an online marketplace connecting independent local and regional food producers with consumers, delivering their products directly to customers.
E-commerceFoodTechMarketplacesIndianapolis, US
Nick Carter(Executive Officer, Director)inDan Brunner(Executive Officer)inRob Eldridge(Director)in
BoardGuy Turner(Director)in
Co-investorsElevate Venturesgener8torHyde Park Venture PartnersKern Venture GroupNew Stack VenturesService Provider Capital+4 more
Swarm is an open-source, decentralised peer-to-peer storage and communication network that lets developers build serverless, permissionless web3 applications, run Bee nodes, and store data in a fault-tolerant, censorship-resistant way.
Crypto & Web3Data & InfrastructureDeveloper Tools
Co-investorsNarcissus VenturesWhite Paper CapitalMiddleland CapitalRadicle GrowthS2G InvestmentsSerra Ventures+1 more
Tillerman & Co. provides investment and merchant banking services focused on mergers, acquisitions, and capital sourcing for closely held middle-market companies.
AgTechEnterprise SoftwareFintechSector AgnosticGreenville, US
James Sheppard(Manager of the Issuer, CEO)Phil Blanchard(Partner)
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Frequently asked questions
- How many investments has Open Prairie made?
- Open Prairie has 7 tracked investments, including 2 dated in the last 24 months.
- What stage does Open Prairie invest at?
- Open Prairie invests at the Seed, Growth, Late Stage stages.
- What is Open Prairie's typical check size?
- Open Prairie typically writes checks of $2M – $10M.
- What sectors does Open Prairie focus on?
- Open Prairie focuses on AgTech.
- Where is Open Prairie located?
- Open Prairie is headquartered in Effingham, US.
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