M25
M25 is a Pre-seed and Seed fund in Midwest US writing $250K–$1M checks into AI, Enterprise, technology, financial-software, customer-analytics, insurance-tech, data-pipelines and telehealth.
- Stages
- Pre-seed, Seed
- Sectors
- AI, Enterprise, technology, financial-software, customer-analytics, insurance-tech, data-pipelines, telehealth
- Check size
- $250K–$1M
- Invests in
- Midwest US
- Actively investing
- Yes
- Founded
- 2015
- Assets under management
- $90 million
- Website
- m25vc.com
Thesis
M25 is an early-stage venture capital firm based in Chicago, Illinois, founded in 2015. The firm exclusively invests in technology startups located in the Midwest region of the United States, aiming to capitalize on the potential of this market. Their investment thesis centers on pre-seed and seed-stage companies, employing a broad, generalist approach across various technology sectors, while deliberately avoiding heavily regulated industries like life sciences, biotech, and pharmaceuticals due to a lack of specialized expertise. M25 utilizes an analytical model to manage risk and pursue high returns, actively seeking to lead, co-lead, or participate in funding rounds. The firm's geographic focus is strictly confined to companies headquartered within the 14 states comprising the Midwest. M25's typical investment per deal ranges from $250,000 to $1 million. The firm has managed multiple funds, with Fund IV announced in May 2025 at $36.5 million. As of May 2026, M25 reported approximately $90 million in Assets Under Management (AUM).
Common questions
Does M25 invest at the Pre-seed stage?
Yes. M25 lists Pre-seed and Seed among the stages it invests in.
What check size does M25 write?
M25 writes $250K–$1M checks.
Where does M25 invest?
M25 invests in Midwest US.