M25 Group

M25 Group is a U.S. Chicago-based early-stage venture capital firm founded in 2015 by Managing Partner Victor Gutwein, specialising in seed-stage investments in technology startups headquartered in the 25 largest metropolitan markets of the U.S. Midwest (hence ''M25''), including Chicago, Detroit, Minneapolis, Indianapolis, Columbus, Cincinnati, Cleveland, Pittsburgh, St. Louis, Kansas City, Madison, Ann Arbor, Milwaukee, Louisville, and adjacent Midwest tech hubs. The firm invests across a broad range of sectors including enterprise SaaS, consumer software and e-commerce, marketplaces, fintech, agri-tech and food-tech, healthcare and digital-health, retail technology, education technology, and adjacent Midwest-rooted early-stage technology themes, typically writing initial-check sizes in the USD 100,000 to USD 500,000 range at pre-seed and seed stage. M25 has disclosed raising multiple institutional funds with aggregate AUM in the USD tens of millions, and the firm has built one of the largest Midwest-focused portfolio rosters with more than 100 disclosed investments to date.