Capital Midwest Fund

Capital Midwest Fund is a venture capital firm based in Mequon, Wisconsin. It specializes in early-stage investments across various sectors including life sciences, information technology, advanced manufacturing, B2B, and healthcare, with a focus on companies located in the Midwest region of the United States.

Jacob DeZarn

Junior Partner

Dan Einhorn

General Partner

Karen Hacker

Project Associate

Michael Harper

Partner

Alvin Vitangcol

General Partner

Past deals in Wisconsin

Lumanu

Seed Round in 2019
Founded in 2016, Lumanu develops a digital platform connecting companies with brand ambassadors. It offers solutions like SocialCert for influencer content sharing, Content Manager for ingesting content, and SmartBoost for creating ads using influencer creatives. Serving brand marketers, performance marketers, agency marketers, and creators/influencers, Lumanu operates from Oakland, California with an additional office in Milwaukee, Wisconsin.

AIQ Solutions

Series A in 2019
AIQ Solutions is a medical device company based in Madison, Wisconsin, that develops quantitative imaging platforms for assessing cancer lesions. Founded in 2015 by researchers from the University of Wisconsin Carbone Cancer Center, the company builds software and hardware that automatically localizes every lesion on molecular imaging studies and calculates standardized uptake value metrics to measure disease burden and treatment response. Its flagship products include the Quantitative Total Bone Imaging (QTBI) device, which provides detailed insight into metastatic bone disease from prostate or breast cancer, and the Quantitative Total Marrow Imaging (QTMI) system, which evaluates marrow heterogeneity and response to therapy. The QTxI platform received FDA 510(k) clearance in 2018 and is licensed to the Wisconsin Alumni Research Foundation. AIQ Solutions serves oncologists, radiologists, nuclear medicine physicians, and pharmaceutical companies, aiming to improve patient outcomes and reduce healthcare costs.

PegEx

Series B in 2018
PegEx is a technology company specializing in environmental solutions. It offers cloud-based software for managing waste operations, serving waste generators, brokers, haulers, and disposal facilities. PegEx's platform improves profitability, efficiency, and compliance, enabling businesses to manage hazardous waste effectively.

OnKöl

Venture Round in 2016
OnKöl is a company that specializes in developing monitoring devices aimed at connecting elderly individuals and those with special needs to their families and caregivers. Founded in 2015 and based in Milwaukee, Wisconsin, OnKöl offers an emergency response tool that alerts selected family members and caregivers about vital signs, incoming and outgoing calls, and emergency situations. The device is compatible with various home monitoring sensors, including motion detectors, door and window sensors, bed pressure monitors, and smoke and carbon monoxide detectors, through Bluetooth or USB connections. This technology enables users to maintain their independence while ensuring that they remain in contact with their support network, facilitating a safer living environment.

OnKöl

Venture Round in 2014
OnKöl is a company that specializes in developing monitoring devices aimed at connecting elderly individuals and those with special needs to their families and caregivers. Founded in 2015 and based in Milwaukee, Wisconsin, OnKöl offers an emergency response tool that alerts selected family members and caregivers about vital signs, incoming and outgoing calls, and emergency situations. The device is compatible with various home monitoring sensors, including motion detectors, door and window sensors, bed pressure monitors, and smoke and carbon monoxide detectors, through Bluetooth or USB connections. This technology enables users to maintain their independence while ensuring that they remain in contact with their support network, facilitating a safer living environment.

HarQen

Series B in 2011
HarQen, Inc. is a technology company based in Milwaukee, Wisconsin, founded in 2007, that specializes in Software as a Service solutions aimed at enhancing recruitment processes. The company offers a comprehensive digital interview platform that facilitates various interviewing methods, including on-demand video, phone interviews, and live video interviews. It also provides tools for automated pre-screening, SMS candidate engagement, mock interviews, and language verification, all while supporting mobile applications for interviewing. HarQen’s platform, known as Recruitment Acceleration Management Process, harnesses voice-to-web technology to capture and analyze conversations, thereby transforming voice interactions into actionable insights. Its services cater to diverse sectors, including staffing and placement, healthcare, banking, higher education, and retail, among others. Additionally, HarQen is a founding member of the Hypervoice Consortium, promoting innovative ways to organize and navigate voice conversations for improved collaboration and productivity.

HarQen

Series A in 2010
HarQen, Inc. is a technology company based in Milwaukee, Wisconsin, founded in 2007, that specializes in Software as a Service solutions aimed at enhancing recruitment processes. The company offers a comprehensive digital interview platform that facilitates various interviewing methods, including on-demand video, phone interviews, and live video interviews. It also provides tools for automated pre-screening, SMS candidate engagement, mock interviews, and language verification, all while supporting mobile applications for interviewing. HarQen’s platform, known as Recruitment Acceleration Management Process, harnesses voice-to-web technology to capture and analyze conversations, thereby transforming voice interactions into actionable insights. Its services cater to diverse sectors, including staffing and placement, healthcare, banking, higher education, and retail, among others. Additionally, HarQen is a founding member of the Hypervoice Consortium, promoting innovative ways to organize and navigate voice conversations for improved collaboration and productivity.
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