M25

M25 is a Chicago-based venture capital firm established in 2015, focusing on early-stage investments in technology startups primarily located in the Midwest and Great Lakes regions. The firm has built a diverse portfolio by investing in over 90 startups across various sectors, including healthcare technology, information technology, financial services, and consumer products. M25's analytical and collaborative approach enables it to play a significant role within the Midwest startup ecosystem, fostering innovation and supporting the growth of emerging companies. The firm is led by Victor Gutwein and Mike Asem and seeks to identify promising investment opportunities that align with its objective of driving economic growth in the region.

Mike Asem

Partner

Katie Birge

Associate & Head of Platform

Victor Gutwein

Managing Partner

Abhinaya Konduru

Senior Associate

Past deals in Indiana

Stagetime

Seed Round in 2021
Stagetime Inc. operates an online professional network for the performing arts. Its online network allows artists, agents, and artistic administrators to grow as professionals and maintain relationships by engaging with industry connections, showcasing their media, and interacting with colleagues and collaborators. The company was incorporated in 2020 and is based in Bloomington, Indiana.

Authenticx

Series A in 2021
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and based in Carmel, Indiana, Authenticx offers a platform that consolidates various forms of customer interactions, such as call center data, texts, chats, and emails, into a cohesive source of information. This platform enables healthcare organizations to gain insights into their customers' needs and preferences, helping them to enhance revenue strategies and improve overall profitability. By organizing and structuring conversational data, Authenticx provides valuable insights that assist healthcare providers in making informed decisions and better meeting the needs of their customers.

Trava

Seed Round in 2021
Trava Security is a cybersecurity startup focused on safeguarding small and midsize businesses against cyber threats. The company offers an integrated platform for cyber risk management and insurance, which includes features such as automated vulnerability scanning, risk mitigation, and ransomware and data breach prevention. By providing data-driven cyber insurance, Trava enables organizations to maintain secure and productive operations without the fear of interruptions or losses resulting from cyber incidents.

Authenticx

Pre Seed Round in 2020
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and based in Carmel, Indiana, Authenticx offers a platform that consolidates various forms of customer interactions, such as call center data, texts, chats, and emails, into a cohesive source of information. This platform enables healthcare organizations to gain insights into their customers' needs and preferences, helping them to enhance revenue strategies and improve overall profitability. By organizing and structuring conversational data, Authenticx provides valuable insights that assist healthcare providers in making informed decisions and better meeting the needs of their customers.

Elate

Pre Seed Round in 2019
Elate is driving alignment and making reporting easier by creating a single source of truth for goals and KPIs. Be sure to follow our Twitter and company LinkedIn page to stay up to date with our latest news and content!

Costello

Seed Round in 2018
Costello is a sales co-pilot software designed to enhance the efficiency of sales teams by keeping deals and conversations organized. The platform consolidates essential information about each deal in a user-friendly interface, allowing sales representatives to prioritize their efforts effectively. By highlighting gaps in the sales process, Costello helps identify at-risk deals and those that may not be a good fit. The intelligent assistant offers insights and actionable suggestions, enabling reps to prepare for calls with key questions and share relevant customer stories. This approach not only streamlines follow-up but also equips sales teams to navigate critical moments during sales calls, thereby increasing the likelihood of closing more deals.

Costello

Seed Round in 2017
Costello is a sales co-pilot software designed to enhance the efficiency of sales teams by keeping deals and conversations organized. The platform consolidates essential information about each deal in a user-friendly interface, allowing sales representatives to prioritize their efforts effectively. By highlighting gaps in the sales process, Costello helps identify at-risk deals and those that may not be a good fit. The intelligent assistant offers insights and actionable suggestions, enabling reps to prepare for calls with key questions and share relevant customer stories. This approach not only streamlines follow-up but also equips sales teams to navigate critical moments during sales calls, thereby increasing the likelihood of closing more deals.

Cheddar

Seed Round in 2017
Cheddar (formerly CheddarGetter) is a usage-based billing platform for SaaS companies. The platform is capable of managing all the complexity of billing and collections including pricing, processing, underwriting, SaaS metrics, customer communications, and revenue optimization. The company was founded in 2008 and is headquartered in Bloomington, Indiana.

Realync

Seed Round in 2016
Realync Corp. provides a cloud-based video platform that connects agents and consumers to tour live virtual real estate properties. Its technology enables live videos, interactive virtual tours, and open houses, as well as pre-recorded videos for buyers and renters. The company was founded in 2012 and is based in Carmel, Indiana with an additional office in Chicago, Illinois.

PactSafe

Seed Round in 2016
PactSafe is a contract acceptance platform that prepares and finds contracts and gets acceptance for high-velocity businesses. Customers like DoorDash, Wayfair, Formstack, BMC, and Angie's List trust PactSafe to automate and optimize their signing workflows.

Mimir

Debt Financing in 2016
Mimir Corporation provides Mimir Platform, a cloud based platform to help instructors and students by moving the computer science classroom online and adding automation. The company was founded in 2014 and is based in Indianapolis, Indiana. As of December 17, 2019, Mimir Corporation operates as a subsidiary of HackerRank.

DATTUS

Seed Round in 2016
Here at DATTUS, they may be experts in industrial innovations, but really they consider theirselves to be guides. They help their clientele navigate Industry 4.0. Nothing brings us greater joy than to implement a system that saves companies millions—literally—by achieving near zero-downtime while simultaneously increasing safety and decreasing overhead. They help industrial facilities compete with hardware and software solutions that enable data-driven decision making. Their platform provides a seamless path for industries to make their operations “smart.” This allows companies to ensure value delivery in maintenance and reliability, operational efficiency, process and quality management, yield and throughput, environmental health and safety — and post-sale support and warranties for machinery OEMs. Located in Indianapolis, DATTUS was born out of an Entrepreneurship Program at Purdue University. In 2016, they won the Techpoint Mira Award for Best New Tech Product. While their roots are local, their vision is global. They believe in the promise of smart machines, the industrial internet - and the next industrial revolution. They’re committed to delivering on that promise to their customers, around the world.

BoxFox

Seed Round in 2016
BoxFox Group Inc. operates a B2B marketplace for small retailers to appraise and sell their excess inventory to authorized resellers. Its platform allows sellers to list for auction, review highest bid, ship inventory, and get paid; and buyers to place competing bids, pay into secure escrow, and review shipment. The company also offers service through its mobile application. BoxFox Group Inc. was formerly known as BoxFox LLC. The company was incorporated in 2016 and is based in Indianapolis, Indiana.

Skyepack

Seed Round in 2015
Skyepack operates mobile platforms for publishing interactive learning. It works with schools, departments, and faculty members to develop custom course content, geared toward the specific learning objectives, student population, and teaching methods of the course. The platform also delivers the content to students on an interactive web+mobile platform at an affordable price. The company was founded in 2012 and is headquartered in West Lafayette, Indiana.

Mimir

Seed Round in 2015
Mimir Corporation provides Mimir Platform, a cloud based platform to help instructors and students by moving the computer science classroom online and adding automation. The company was founded in 2014 and is based in Indianapolis, Indiana. As of December 17, 2019, Mimir Corporation operates as a subsidiary of HackerRank.

App Press

Venture Round in 2015
App Press LLC, founded in 2010 and based in Indianapolis, Indiana, specializes in creating tools for designing and publishing custom mobile applications for iOS and Android devices. The company offers services in application prototyping and custom application development, having successfully built over 300 apps since its inception. App Press utilizes modern technologies such as NodeJS, React, React Native, and Angular to enhance the development process and improve business outcomes. This commitment to a contemporary tech stack not only strengthens their project capabilities but also helps attract and retain skilled engineers and technologists. By combining innovative technology with a startup mentality, App Press aims to deliver efficient and effective mobile application solutions for businesses.