BREAD AND BUTTER VENTURES, LLC
BREAD AND BUTTER VENTURES, LLC is a Pre-seed and Seed fund in the US, global and midwest writing $1M–$5M checks into Enterprise, Healthcare, food-tech and enterprise-saas.
- Stages
- Pre-seed, Seed
- Sectors
- Enterprise, Healthcare, food-tech, enterprise-saas
- Check size
- $1M–$5M
- Invests in
- US-wide, global, midwest
- Actively investing
- Yes
- Founded
- 2017
- Assets under management
- $40 million
- Website
- breadandbutterventures.com
Thesis
Bread and Butter Ventures is an early-stage venture capital firm founded in 2017 and headquartered in Minneapolis, MN. The firm focuses on investing in companies that are reimagining essential backbone sectors of the 21st-century economy, with a strong emphasis on leveraging Midwest networks. Their primary target is seed-stage companies, with selective pre-seed investments. Their strategy involves leading rounds (60-70%) and co-investing, offering hands-on support post-investment. Key investment pillars include Food Technology (tech-enabled across the value chain, excluding CPG), Digital Health & SaaS (workflow software, data platforms, AI-enabled care tools, excluding medical devices/pharma), and Enterprise SaaS. While investing globally, they utilize their Minnesota base for industry networks and corporate access. As of March 2025, their fourth fund, Fund IV, totals $40 million, aiming to invest in ~30 startups. Typical check sizes range from $1 million to $5 million, with 20-30% reserved for follow-ons. The firm operates as an Exempt Reporting Adviser and has made over 80 investments.
Common questions
Does BREAD AND BUTTER VENTURES, LLC invest at the Pre-seed stage?
Yes. BREAD AND BUTTER VENTURES, LLC lists Pre-seed and Seed among the stages it invests in.
What check size does BREAD AND BUTTER VENTURES, LLC write?
BREAD AND BUTTER VENTURES, LLC writes $1M–$5M checks.
Where does BREAD AND BUTTER VENTURES, LLC invest?
BREAD AND BUTTER VENTURES, LLC invests in the US, global and midwest.