Capital Midwest Fund

Capital Midwest Fund is a venture capital firm headquartered in Mequon, Wisconsin, established in 2006. The firm focuses on early-stage investments across various sectors, including life sciences, information technology, advanced manufacturing, healthcare, and business services. Its investment strategy emphasizes opportunities within the Central United States, particularly in the Midwest and Wisconsin. Capital Midwest Fund actively seeks to support seed-stage, early-stage, and later-stage companies that demonstrate potential for growth and innovation in their respective fields.

Jacob DeZarn

Partner

Daniel Einhorn

General Partner

Stephen Einhorn

General Partner

Karen Hacker

Project Associate

Michael Harper

Partner

Alvin Vitangcol

General Partner

Past deals in Illinois

FactoryFix

Series A in 2022
FactoryFix is a platform based in Chicago, Illinois, that connects manufacturing companies with a network of qualified skilled workers, including engineers, machinists, and maintenance technicians. Founded in 2015, FactoryFix offers a managed marketplace that streamlines the hiring process for full-time and part-time positions, as well as contract and temporary roles. The platform not only provides access to vetted labor resources but also includes tools for generating job listings, vetting candidates, and offering salary insights. By facilitating connections between manufacturers and skilled labor, FactoryFix enhances the efficiency of workforce management in the manufacturing sector.

Intellihot

Venture Round in 2021
Intellihot Green Technologies Inc. specializes in designing, manufacturing, and assembling tankless water heater systems for both residential and commercial uses across the United States. Founded in 2005 and based in Galesburg, Illinois, the company offers a range of models suitable for various sectors, including hospitality, healthcare, education, and retail. Intellihot's innovative systems are notable for their space-saving design, eliminating the need for traditional storage tanks, and they incorporate advanced technology such as Wi-Fi and 3G/4G connectivity to monitor water usage patterns. This functionality enables clients to enjoy on-demand water heating while optimizing energy efficiency. The company serves its customers through a network of sales representatives, dealers, and wholesalers, and its commitment to innovation is reflected in several patents pending for its technology.

Hologram

Series B in 2021
Hologram, Inc. specializes in cloud-based Internet connectivity solutions for Internet of Things (IoT) device management and network connectivity. The company offers a platform that enables makers, OEMs, and systems integrators to create devices that connect to the Internet using cellular technology. Hologram's Konekt cloud acts as a data broker and database for both cellular and non-cellular devices, facilitating the routing and storage of generated data. This enables users to build and maintain necessary infrastructure efficiently. Additionally, Hologram provides a machine-to-machine (M2M) Short Messaging Service (SMS) that supports notifications and system integrations for Internet-connected devices. Founded in 2013 and based in Chicago, Illinois, Hologram aims to simplify the process of building connected hardware, offering a flexible platform that supports scalability and instant connectivity without minimum requirements.

ThirdPartyTrust

Seed Round in 2020
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.

Realync

Seed Round in 2019
Realync Corp. is a cloud-based video platform that facilitates live virtual tours of real estate properties, connecting agents and consumers in real time. Founded in 2012 and headquartered in Carmel, Indiana, with an additional office in Chicago, the company enables users to conduct live tours and open houses using smartphones or tablets, alongside providing high-definition pre-recorded videos for prospective buyers and renters. Realync partners with prominent multifamily enterprises, enhancing lead generation and conversion rates while reducing the overall sales cycle duration. The company aims to simplify the real estate touring process by leveraging technology to foster collaboration, ultimately streamlining interactions between real estate professionals and their clients.

NuCurrent

Series C in 2019
NuCurrent, Inc. specializes in the design, fabrication, and integration of advanced wireless power antennas, surface-mount inductors, and inductive coils. The company develops high-efficiency antennas that comply with various industry standards, including those set by the Alliance for Wireless Power, the Wireless Power Consortium, and the Power Matters Alliance. NuCurrent collaborates closely with original equipment manufacturers and integrators to create custom-designed and rapidly prototyped solutions tailored for a wide array of applications. Its patented designs and manufacturing techniques enhance performance by addressing common high-frequency challenges, resulting in antennas that are more efficient, compact, durable, and cost-effective. Founded in 2009, NuCurrent is headquartered in Chicago, Illinois.

FactoryFix

Seed Round in 2018
FactoryFix is a platform based in Chicago, Illinois, that connects manufacturing companies with a network of qualified skilled workers, including engineers, machinists, and maintenance technicians. Founded in 2015, FactoryFix offers a managed marketplace that streamlines the hiring process for full-time and part-time positions, as well as contract and temporary roles. The platform not only provides access to vetted labor resources but also includes tools for generating job listings, vetting candidates, and offering salary insights. By facilitating connections between manufacturers and skilled labor, FactoryFix enhances the efficiency of workforce management in the manufacturing sector.

FactoryFix

Debt Financing in 2018
FactoryFix is a platform based in Chicago, Illinois, that connects manufacturing companies with a network of qualified skilled workers, including engineers, machinists, and maintenance technicians. Founded in 2015, FactoryFix offers a managed marketplace that streamlines the hiring process for full-time and part-time positions, as well as contract and temporary roles. The platform not only provides access to vetted labor resources but also includes tools for generating job listings, vetting candidates, and offering salary insights. By facilitating connections between manufacturers and skilled labor, FactoryFix enhances the efficiency of workforce management in the manufacturing sector.

Hologram

Series A in 2017
Hologram, Inc. specializes in cloud-based Internet connectivity solutions for Internet of Things (IoT) device management and network connectivity. The company offers a platform that enables makers, OEMs, and systems integrators to create devices that connect to the Internet using cellular technology. Hologram's Konekt cloud acts as a data broker and database for both cellular and non-cellular devices, facilitating the routing and storage of generated data. This enables users to build and maintain necessary infrastructure efficiently. Additionally, Hologram provides a machine-to-machine (M2M) Short Messaging Service (SMS) that supports notifications and system integrations for Internet-connected devices. Founded in 2013 and based in Chicago, Illinois, Hologram aims to simplify the process of building connected hardware, offering a flexible platform that supports scalability and instant connectivity without minimum requirements.
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