Overview

What they do
M25 is an early-stage venture firm based in Chicago that invests exclusively in startups headquartered in the U.S. Midwest. The firm positions itself as a key backer of the next generation of Midwest unicorns and highlights portfolio companies across a wide range of Midwestern cities. It emphasizes being an active regional investor with a large portfolio spanning the Midwest startup ecosystem.
m25vc.com
What they look for
M25 focuses on early-stage investments in startups headquartered in the U.S. Midwest, backing companies across numerous Midwestern cities. The firm aims to seed the next generation of Midwest unicorns rather than targeting a specific industry vertical.
m25vc.com
Stage
Pre-seed, Seed
m25vc.com
Sectors
Fintech, Healthcare, SaaS
m25vc.com
Based
Chicago, US
m25vc.com

Sources

2026-08-29m25vc.comM25 is an early-stage venture firm based in Chicago, investing exclusively in tech startups…
2026-08-29m25vc.comWhy We Invested in Immigify
2026-08-29m25vc.comVictor Gutwein Managing Partner
2026-08-29m25vc.comFund 4 Fund 3 Fund 2 Fund 1

Portfolio, cheque size and the rest

The 9 companies they have backed that we can see, the cheque they write, and whether they are deploying right now.

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