Capital Midwest Fund

Sprocket Security provides continuous security testing services. Attackers don’t stop, and your business changes throughout the year. Assessing security once a year is a failed approach. Their platform detects changes in your organization and prompts human-driven testing to identify security risks. Testing adapts as your security posture matures. This includes red teaming, adversary simulations, security awareness, tabletop exercises, and more. Sprocket Security is purposely built for continuous testing and operates very differently than traditional firms. This allows us to offer affordable subscription prices for high-quality testing.

BetterYou is a digital wellness platform that empowers individuals and organizations to make informed health and wellness decisions. By analyzing daily data from users' devices, the platform offers insights into how individuals allocate their time versus what they value most. BetterYou helps users define their personal goals for “time better spent” and supports them in achieving those objectives. Additionally, the platform provides organizations with population-level insights that can lead to improved employee wellness and potential health care savings. By focusing on the interconnected aspects of physical, mental, social, and educational wellness, BetterYou facilitates healthier habits and enhances overall well-being for both individuals and businesses.

Valid8 Financial, founded in 2017 by Tod McDonald and Chris McCall, is based in Seattle, Washington, and operates an independent financial analytics platform. The company specializes in extracting and reconciling banking transactions from PDF statement files. Its platform enables users to identify transfers between accounts and legal entities, which significantly reduces data preparation time. This functionality aids in asset discovery and the detection of fraudulent transfers. Valid8 Financial primarily serves investors, investigators, auditors, and accountants, providing them with the tools necessary to track, analyze, and manage third-party financial transactions while establishing independent and objective insights into the financial operations of enterprises.

Forecastr is an online software platform that assists founders in creating financial models to forecast revenue, predict runway, and analyze their financial data. The software facilitates the development of custom financial models based on existing data, allowing users to manage various financial aspects such as revenue forecasting, expense management, budgeting, and metric tracking. Additionally, it enables users to generate insightful reports and visualizations that can be shared with investors, helping to enhance financial management and analysis. Through its comprehensive features, Forecastr aims to empower founders in understanding their financial landscape and improving their chances of securing funding.

Elate is a developer of a strategic planning platform that enables companies to effectively communicate their vision, create organizational alignment, and monitor performance in a unified environment. The platform enhances operational visibility, allowing businesses to define and measure key initiatives on a single dashboard. This facilitates real-time decision-making, performance tracking, and collaboration among teams. By utilizing Elate's platform, organizations can better monitor their growth and improve overall productivity.

FactoryFix Inc. is a Chicago-based company established in 2017 that operates a managed marketplace connecting manufacturing companies with a vetted network of skilled workers, including engineers, machinists, and maintenance technicians. The platform facilitates the hiring process by streamlining candidate vetting, generating job listings, and offering salary insights, thereby enabling manufacturers to find and hire skilled labor for both full-time positions and part-time projects. Job seekers can create profiles to match their skills with suitable employers, enhancing their chances of maximizing earning potential.

Intellihot specializes in the manufacture of tankless water heating systems tailored for both residential and commercial use. Founded in 2005, the company emerged from a practical need when a traditional water heater malfunctioned, leading to significant water damage. Intellihot's systems are designed to conserve space by eliminating the need for bulky storage tanks, and they incorporate advanced technology, including Wi-Fi and 3G/4G connectivity. This connectivity allows users to monitor and analyze water usage patterns, providing an efficient on-demand heating solution that optimizes performance and resource use. The innovative design of Intellihot's products has garnered recognition and includes several patents pending.

Valid8 Financial, founded in 2017 by Tod McDonald and Chris McCall, is based in Seattle, Washington, and operates an independent financial analytics platform. The company specializes in extracting and reconciling banking transactions from PDF statement files. Its platform enables users to identify transfers between accounts and legal entities, which significantly reduces data preparation time. This functionality aids in asset discovery and the detection of fraudulent transfers. Valid8 Financial primarily serves investors, investigators, auditors, and accountants, providing them with the tools necessary to track, analyze, and manage third-party financial transactions while establishing independent and objective insights into the financial operations of enterprises.

Hologram, Inc. is a company that specializes in cloud-based Internet connectivity solutions for managing Internet of Things (IoT) devices. Founded in 2014 in Chicago, Illinois, Hologram offers a cellular platform that allows manufacturers, original equipment manufacturers (OEMs), and system integrators to create devices with cellular connectivity. The company's Konekt cloud service acts as a data broker, facilitating the routing and storage of data generated by devices, which supports users in maintaining their infrastructure. Hologram also provides a Machine-to-Machine (M2M) Short Messaging Service (SMS) that enhances notifications and system integrations for Internet-connected devices. The company has established itself as a vital partner for various technology initiatives, enabling the connectivity of micromobility vehicles, self-driving cars, and drones, as well as supporting health devices in remote areas. Hologram aims to be the key operating system for global connectivity as the number of connected devices continues to grow.

LightGuide Inc. is a developer of a patented industrial augmented reality platform that enhances manual assembly and manufacturing processes across various industries, including aerospace, agriculture, automotive, energy, heavy equipment, and medical. The company's proprietary software integrates seamlessly with existing production equipment and business information systems, allowing for easy modifications tailored to specific procedures. LightGuide's technology provides visualization, traceability, and flexibility, enabling organizations to standardize and improve efficiency while minimizing errors in complex tasks. By facilitating digital traceability in real-time, LightGuide supports companies in achieving more streamlined and effective production processes.

BetterYou is a digital wellness platform that empowers individuals and organizations to make informed health and wellness decisions. By analyzing daily data from users' devices, the platform offers insights into how individuals allocate their time versus what they value most. BetterYou helps users define their personal goals for “time better spent” and supports them in achieving those objectives. Additionally, the platform provides organizations with population-level insights that can lead to improved employee wellness and potential health care savings. By focusing on the interconnected aspects of physical, mental, social, and educational wellness, BetterYou facilitates healthier habits and enhances overall well-being for both individuals and businesses.

Textel CX Inc. is a company based in Saint Louis, Missouri, that specializes in developing a cloud-based texting platform tailored for contact centers and various businesses. Founded in 2014, Textel offers services such as landline texting, API integrations, and Text-to-Find functionalities for sectors including car dealerships, insurance, salons, pet grooming, medical, and legal offices. With a customer base of nearly 800 across North America, Textel enhances customer engagement and operational efficiency by facilitating inbound and outbound SMS and MMS communications. The platform allows businesses to utilize their existing phone numbers while integrating seamlessly with popular systems of record, thereby enabling secure and efficient communication through both computer and mobile devices.

RealityBLU operates a self-service design platform that empowers non-technical marketers to create and publish augmented reality (AR) experiences for AR-enabled devices. By simplifying the process of implementing and measuring AR content, RealityBLU provides an intuitive interface that enables marketers to enhance customer engagement for brands and clients. The platform allows organizations to seamlessly execute marketing campaigns with effective AR experiences while ensuring complete ownership and control over their assets, messaging, and rollout strategies. This B2B solution eliminates the need for technical coding, enabling agencies to internally build and distribute AR experiences. RealityBLU has seen significant growth, acquiring over 420 users and tripling its revenue year-over-year.

AdAdapted, Inc. is a mobile advertising platform based in Ann Arbor, Michigan, that focuses on consumer packaged goods (CPG) brands. Founded in 2012, the company enables these brands to effectively target their primary consumers through native, non-disruptive advertisements in popular shopping list apps. By placing ads at critical decision-making moments, AdAdapted helps CPG brands enhance their visibility and influence purchasing behavior. The platform tracks consumer behavior, revealing insights into category preferences, shopping tendencies, and planning habits. AdAdapted serves a diverse clientele that includes CPG brands, agencies, and retailers, facilitating meaningful connections between brands and consumers in the digital shopping environment.

Health Scholars, Inc. is a company that specializes in medical simulation training software aimed at enhancing clinical education for healthcare providers. Established in 2017 and based in Westminster, Colorado, the company offers a range of virtual reality (VR) training solutions, including pre-hospital and in-hospital Advanced Cardiovascular Life Support (ACLS) training for first responders and clinicians, respectively. Additionally, Health Scholars provides VR training focused on mitigating surgical fire risks in operating rooms. Their platform is designed to be user-friendly and scalable across healthcare systems, allowing for the effective management and delivery of interactive training content. This approach not only offers a cost-effective solution but also enriches the educational experience for medical professionals.

ThirdPartyTrust offers a software-as-a-service (SaaS) vendor management platform that enables organizations to assess and manage vendor risk effectively. The platform requires vendors, such as IT service providers and consultants, to create a comprehensive profile that includes security audits, insurance certificates, and compliance documentation. This centralized repository allows vendors to share their information with all enterprise clients, facilitating collaboration on risk assessments and the collection of necessary certifications. The platform streamlines communication between companies and their vendors, helping clients gather data on third parties and monitor cyber threats over time. By providing tools for risk management and oversight, ThirdPartyTrust empowers organizations to mitigate risks associated with their vendor relationships.

SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Lumanu, Inc. is a digital marketing platform that facilitates connections between companies and brand ambassadors, primarily serving brand marketers, performance marketers, agency marketers, and creators. Founded in 2016 and based in Oakland, California, with an additional office in Milwaukee, the company offers a range of solutions including SocialCert, which enables influencers to share content and usage rights with marketers; Content Manager, which helps in content ingestion from influencers; and SmartBoost, which generates advertisements using influencer-created content. In addition to its marketing solutions, Lumanu provides financial management tools that simplify payment processes and compliance for creators and freelancers, enabling them to efficiently manage their business operations while fostering a supportive community.

Blue Pillar, Inc. specializes in developing software solutions aimed at enhancing critical infrastructure resilience against power outages. The company offers a range of products, including Aurora, a versatile platform for establishing a digital energy Internet of Things (IoT) network that facilitates the connection, control, and data acquisition of various facility mechanical and electrical equipment. Additionally, it provides Avise Insite, a critical power and energy management application that delivers real-time insights into facility utilities such as water, gas, electric, and steam. Avise Foresite serves as an enterprise solution for centralized facility and energy management across multiple locations. Blue Pillar caters to diverse sectors, including healthcare, education, government, and data centers. Founded in 2006 and headquartered in Indianapolis, Indiana, the company focuses on making industrial IoT capabilities accessible and effective for its clients.

Realync Corp. is a cloud-based video platform designed to facilitate live virtual tours of real estate properties, connecting agents with potential buyers and renters. Founded in 2012 and headquartered in Carmel, Indiana, with an office in Chicago, Realync enables real estate professionals to conduct interactive live tours and open houses using just a smartphone or tablet. The platform also supports high-definition pre-recorded videos, allowing users to experience properties in a dynamic and engaging manner. By providing innovative tools for real-time interaction, Realync enhances the property viewing process for both agents and clients.

NuCurrent, Inc. is a developer based in Chicago, Illinois, specializing in high-efficiency antennas and inductive components for wireless power applications. Founded in 2009, the company designs, fabricates, and integrates wireless power antennas and surface-mount inductors for various applications, including power electronics, RF devices, and frequency synthesizers. NuCurrent's products comply with industry standards such as the Alliance for Wireless Power and the Wireless Power Consortium, ensuring broad compatibility. The company collaborates closely with original equipment manufacturers (OEMs) and integrators to provide custom-designed, rapid-prototype solutions that enhance efficiency, reduce size, and lower costs. By employing patented designs and advanced manufacturing techniques, NuCurrent aims to improve the durability and performance of wireless power systems, facilitating the evolution of electronic devices.

AIQ Solutions, Inc. specializes in the development of medical devices and software solutions aimed at the quantitative assessment of lesions related to complex diseases, primarily cancer. The company's clinical decision support platform analyzes medical imaging data to identify and quantify all lesions in cancer patients, tracking changes post-treatment. AIQ Solutions offers innovative products such as quantitative total bone imaging (QTBI), which provides insights into metastatic bone disease, and quantitative total marrow imaging (QTMI), which assesses disease heterogeneity and treatment response in bone marrow. Founded in 2015 and based in Madison, Wisconsin, the company emerged from the University of Wisconsin Translational Imaging Research Program, with its founders possessing extensive experience in drug development and clinical trials. AIQ Solutions has received FDA 510(k) clearance for its QTxI platform, reinforcing its commitment to enhancing patient management and outcomes in oncology. Its products serve oncologists, radiologists, nuclear medicine physicians, and pharmaceutical companies.

SteamChain enables original equipment manufacturers (OEMs) to offer usage-based financing (hardware-as-a-service) to their customers. Under the status quo, customers pay OEMs based on milestones before, during and after delivery of machines. Leveraging blockchain, SteamChain enables OEMs to be paid on the productivity of the machine over its lifecycle, increasing the OEMs long-term financial upside and better aligning incentives with their customers.

enosiX, Inc. specializes in creating integration solutions that connect front-end platforms, particularly Salesforce, with SAP systems. Founded in 2014 and based in Cincinnati, Ohio, the company offers a range of products designed to facilitate seamless data access and business process flows. Their solutions include Enosix Connect for cloud application integration, Enosix Engage for real-time SAP data access without middleware, and various tools for managing sales processes, such as Enosix Sales CPQ, which utilizes SAP data for pricing and quotes. By enabling real-time data sharing, enosiX enhances productivity and customer engagement, allowing sales teams to respond more quickly to opportunities. The company's platform minimizes coding requirements and provides bi-directional integration, ensuring that businesses can leverage SAP data efficiently across various functions, including order management and logistics. Additionally, enosiX supports mobile access to SAP data, empowering a mobile workforce to improve customer relationships and overall productivity.

FactoryFix Inc. is a Chicago-based company established in 2017 that operates a managed marketplace connecting manufacturing companies with a vetted network of skilled workers, including engineers, machinists, and maintenance technicians. The platform facilitates the hiring process by streamlining candidate vetting, generating job listings, and offering salary insights, thereby enabling manufacturers to find and hire skilled labor for both full-time positions and part-time projects. Job seekers can create profiles to match their skills with suitable employers, enhancing their chances of maximizing earning potential.

FactoryFix Inc. is a Chicago-based company established in 2017 that operates a managed marketplace connecting manufacturing companies with a vetted network of skilled workers, including engineers, machinists, and maintenance technicians. The platform facilitates the hiring process by streamlining candidate vetting, generating job listings, and offering salary insights, thereby enabling manufacturers to find and hire skilled labor for both full-time positions and part-time projects. Job seekers can create profiles to match their skills with suitable employers, enhancing their chances of maximizing earning potential.

PegEx, Inc. is an environmental technology company that specializes in providing comprehensive waste management solutions to small and medium-sized businesses across various sectors in the United States. The company offers a cloud-based platform designed to streamline the management of hazardous waste, enabling waste generators, brokers, haulers, and disposal facilities to enhance profitability, efficiency, and compliance. PegEx's services encompass a wide range of environmental solutions, including waste disposal, recycling, used oil collection, and remediation for hazardous materials such as mold, lead paint, and chemicals. Additionally, PegEx supports various industries, including retail, food service, and government, by addressing their specific sustainability challenges. Established in 2012 and based in Fitchburg, Wisconsin, PegEx aims to mitigate risks associated with hazardous waste operations through its innovative software and services.

SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Hologram, Inc. is a company that specializes in cloud-based Internet connectivity solutions for managing Internet of Things (IoT) devices. Founded in 2014 in Chicago, Illinois, Hologram offers a cellular platform that allows manufacturers, original equipment manufacturers (OEMs), and system integrators to create devices with cellular connectivity. The company's Konekt cloud service acts as a data broker, facilitating the routing and storage of data generated by devices, which supports users in maintaining their infrastructure. Hologram also provides a Machine-to-Machine (M2M) Short Messaging Service (SMS) that enhances notifications and system integrations for Internet-connected devices. The company has established itself as a vital partner for various technology initiatives, enabling the connectivity of micromobility vehicles, self-driving cars, and drones, as well as supporting health devices in remote areas. Hologram aims to be the key operating system for global connectivity as the number of connected devices continues to grow.

OnKöl is a company based in Milwaukee, Wisconsin, founded in 2015, that specializes in developing monitoring devices aimed at enhancing the safety and well-being of the elderly and individuals with special needs. The company's flagship product, OnKöl, serves as an emergency response tool that alerts designated family members and caregivers about vital signs, communication activities, and emergency situations. This device can connect to various home monitoring sensors, such as motion detectors, door and window sensors, bed pressure monitors, and smoke and carbon monoxide detectors, using Bluetooth or USB connections. By integrating with numerous medical devices, OnKöl facilitates continuous health monitoring and communication, allowing users to maintain their independence while ensuring they remain connected to their support network.

OnKöl is a company based in Milwaukee, Wisconsin, founded in 2015, that specializes in developing monitoring devices aimed at enhancing the safety and well-being of the elderly and individuals with special needs. The company's flagship product, OnKöl, serves as an emergency response tool that alerts designated family members and caregivers about vital signs, communication activities, and emergency situations. This device can connect to various home monitoring sensors, such as motion detectors, door and window sensors, bed pressure monitors, and smoke and carbon monoxide detectors, using Bluetooth or USB connections. By integrating with numerous medical devices, OnKöl facilitates continuous health monitoring and communication, allowing users to maintain their independence while ensuring they remain connected to their support network.

Sierra Oncology, Inc. is a clinical-stage biopharmaceutical company that focuses on developing and commercializing therapies for patients with hematology and oncology needs. The company's lead drug candidate, momelotinib, is an orally bioavailable inhibitor targeting JAK1, JAK2, and ACVR1, which has undergone two completed Phase 3 trials for myelofibrosis treatment. Additionally, Sierra Oncology is advancing SRA737, a small molecule inhibitor of Checkpoint kinase 1 currently in Phase 1/2 clinical trials, and SRA141, an inhibitor of cell division cycle 7 kinase, which is in preclinical development. Founded in 2003 and headquartered in Vancouver, Canada, Sierra Oncology aims to provide targeted therapies for rare forms of cancer, leveraging scientific expertise to address limitations in existing treatments and improve patient outcomes. The company was previously known as ProNAi Therapeutics, Inc. before its name change in January 2017.

Sierra Oncology, Inc. is a clinical-stage biopharmaceutical company that focuses on developing and commercializing therapies for patients with hematology and oncology needs. The company's lead drug candidate, momelotinib, is an orally bioavailable inhibitor targeting JAK1, JAK2, and ACVR1, which has undergone two completed Phase 3 trials for myelofibrosis treatment. Additionally, Sierra Oncology is advancing SRA737, a small molecule inhibitor of Checkpoint kinase 1 currently in Phase 1/2 clinical trials, and SRA141, an inhibitor of cell division cycle 7 kinase, which is in preclinical development. Founded in 2003 and headquartered in Vancouver, Canada, Sierra Oncology aims to provide targeted therapies for rare forms of cancer, leveraging scientific expertise to address limitations in existing treatments and improve patient outcomes. The company was previously known as ProNAi Therapeutics, Inc. before its name change in January 2017.

CytoPherx (formerly Nephrion) clinical stage medical device company addressing inflammation-based diseases and conditions. The company’s products are custom configurations of a proprietary selective cytopheresis-based inflammation modulating system.

HarQen, Inc. is a provider of Software as a Service (SaaS) solutions aimed at enhancing recruitment processes through advanced interviewing tools. Founded in 2007 and based in Milwaukee, Wisconsin, HarQen offers a digital interview platform that enables on-demand video and phone interviews, live interactions, and automated pre-screening interviews. Additional features include SMS/text engagement, mock interviews, and language verification, all designed to streamline the hiring process across various sectors, including healthcare, banking, education, and retail. The company's innovative technology captures and analyzes conversations, transforming voice into actionable insights that improve collaboration and productivity. HarQen also contributes to the Hypervoice Consortium, promoting new methods for organizing and navigating voice conversations.

HarQen, Inc. is a provider of Software as a Service (SaaS) solutions aimed at enhancing recruitment processes through advanced interviewing tools. Founded in 2007 and based in Milwaukee, Wisconsin, HarQen offers a digital interview platform that enables on-demand video and phone interviews, live interactions, and automated pre-screening interviews. Additional features include SMS/text engagement, mock interviews, and language verification, all designed to streamline the hiring process across various sectors, including healthcare, banking, education, and retail. The company's innovative technology captures and analyzes conversations, transforming voice into actionable insights that improve collaboration and productivity. HarQen also contributes to the Hypervoice Consortium, promoting new methods for organizing and navigating voice conversations.

VitalMedix Inc. is a biopharmaceutical company based in Minneapolis, Minnesota, focused on the research and development of therapies aimed at sustaining cellular function and protecting cells during and after hemorrhagic shock. Founded in 2005, the company is known for developing Tamiasyn, a biopharmaceutical that may enable the human body to withstand significant blood loss for prolonged periods and help prevent organ damage during resuscitation. In addition to Tamiasyn, VitalMedix is also working on a treatment system specifically designed for hemorrhagic shock, which underscores its commitment to addressing critical medical challenges in this area.