Dundee Venture Capital, an Omaha-based seed-stage investment firm, has opened a new office in the Minneapolis area.
The new location is part of an ongoing regional growth plan after the recent raise of $20M of a $30M fund III.
Expanding into Minneapolis gives the firm the opportunity to provide seed-stage capital to a broader geographical region, part of its broader mission to actively transform the business landscape of entrepreneurship of the Midwest.
Led by Mark Hasebroock, Founding Partner, and Greg Beaufait, Partner, and comprised of a team of former entrepreneurs, Dundee Venture Capital focuses on consumer networks, B2B SaaS and e-commerce investments in early-stage Midwestern startups with high-growth potential, typically investing $250,000 – $750,000 per company.
To date, it has invested in 31 startups to date including Phone2Action, Fooji, mySidewalk, Built In, Inventables and Bulu Box.