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Dundee Venture Capital

Lead seed partners with the best entrepreneurs in the #MightyMiddle

Omaha, NE, USA

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Description

Dundee Venture Capital is an early-stage venture capital firm headquartered in Omaha, Nebraska, with a presence in Chicago, Minneapolis, and St. Louis. Founded in 2010, the firm is a prominent backer of high-growth technology startups located in the "Mighty Middle"—the region between the major U.S. coastal tech hubs. 
  • Seed Stage: This is the firm’s primary focus. They specialize in being the first institutional partner for founders.
  • Post-Product: They typically invest in companies that have a launched product and are seeing early signals of product-market fit (e.g., initial paying customers or significant user engagement). 
Dundee operates as a traditional institutional venture fund rather than a batch-based accelerator. 
  • Method: Founders typically engage through warm introductions or by submitting their deck via the Dundee VC contact portal.
  • Selection Criteria: They seek "obsessive founders" building software-driven businesses that solve large, real-world problems in traditional industries.

Eligibility

  • Geography: Primarily The Midwest and the "Mighty Middle" (including markets like Omaha, Chicago, Indianapolis, Kansas City, and Denver).
  • Sectors: B2B SaaS, E-commerce Infrastructure, Fintech, and Supply Chain/Logistics.
  • Traction: Preference for companies generating some revenue (e.g., $10k–$50k MRR) looking to scale.

Process

  1. Initial Review: The investment team assesses the pitch for alignment with their "Mighty Middle" geographic focus and sector expertise.
  2. Screening Calls: A series of interviews to evaluate the founding team’s vision and the company’s unit economics.
  3. Diligence: A 4-to-6 week deep dive into the technology, market size, and customer references.
  4. Investment Committee: Finalists pitch to the partnership for a final investment decision.
  5. Active Value-Add: Post-investment, Dundee provides hands-on support in recruitment, subsequent fundraising, and strategic planning. 

What an Applicant can Obtain

  1. Strategic Capital: Access to institutional funding from a firm that understands the nuances of scaling a startup outside of Silicon Valley.
  2. Recruiting Network: Direct help with hiring key executive and engineering talent through their regional network.
  3. Follow-on Support: A strong track record of helping portfolio companies successfully raise Series A and B rounds from coastal VCs.
  4. Operational Guidance: Access to a portfolio of peers and mentors who have scaled similar businesses in the Midwest.