M25

M25 is a Chicago-based venture capital firm established in 2015 by Victor Gutwein and Mike Asem, focused on funding pre-seed and seed-stage technology startups in the Midwest. The firm supports portfolio companies across multiple industries, with a regional footprint spanning 24 Midwest cities in 11 states. Since its inception, M25 has backed more than 90 early-stage tech startups, aiming to accelerate growth and strengthen the Midwest startup ecosystem.

Mike Asem

Partner

Leandro Bedolla

Analyst

Katie Birge

Vice President Platform

Victor Gutwein

Managing Partner

Abhinaya Konduru

Senior Associate

Past deals in Indiana

Authenticx

Series B in 2023
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and headquartered in Carmel, Indiana, the company offers a platform that consolidates various forms of customer interactions, including call center data, texts, chats, and emails, into a unified source of truth. This platform enables healthcare organizations to gain deeper insights into customer needs, preferences, and satisfaction levels. By organizing and structuring conversational data, Authenticx empowers its clients to make informed decisions, enhance revenue strategies, and improve overall profitability.

Stagetime

Seed Round in 2021
Founded in 2020, Stagetime operates an online professional network dedicated to the performing arts. Its platform enables artists, agents, and administrators to grow professionally by showcasing their work, building industry connections, finding opportunities, and collaborating with peers.

Authenticx

Series A in 2021
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and headquartered in Carmel, Indiana, the company offers a platform that consolidates various forms of customer interactions, including call center data, texts, chats, and emails, into a unified source of truth. This platform enables healthcare organizations to gain deeper insights into customer needs, preferences, and satisfaction levels. By organizing and structuring conversational data, Authenticx empowers its clients to make informed decisions, enhance revenue strategies, and improve overall profitability.

Authenticx

Pre Seed Round in 2020
Authenticx, Inc. is a software company focused on the healthcare industry, specializing in the analysis and activation of customer interaction data. Founded in 2018 and headquartered in Carmel, Indiana, the company offers a platform that consolidates various forms of customer interactions, including call center data, texts, chats, and emails, into a unified source of truth. This platform enables healthcare organizations to gain deeper insights into customer needs, preferences, and satisfaction levels. By organizing and structuring conversational data, Authenticx empowers its clients to make informed decisions, enhance revenue strategies, and improve overall profitability.

Cheddar

Seed Round in 2017
Founded in 2008, Cheddar specializes in usage-based billing platforms for SaaS companies. Its platform manages complex billing processes, including pricing, processing, collections, customer communications, and revenue optimization.

PrintWithMe

Seed Round in 2016
PrintWithMe is a pioneering business that offers a convenient and accessible printing solution through its extensive network of wireless printer kiosks across the United States. Established in 2014, the company operates in all 50 states, placing printers in locations such as multifamily apartments, coffee shops, hotels, and co-working spaces. Users can print securely and easily from any digital device with just a few clicks, benefiting from automated paper and toner management facilitated by predictive analytics. PrintWithMe has enabled over 20 million pages to be printed on sustainably-sourced paper, promoting community resource sharing and reducing electronic waste by an average of 550 pounds per location each year. Through its services, PrintWithMe caters to the increasing demand for remote and hybrid workspaces, allowing customers to print and pay quickly and efficiently.

Realync

Seed Round in 2016
Realync Corp. is a technology company that offers a cloud-based video platform designed for the real estate industry. Founded in 2012 and headquartered in Carmel, Indiana, with an additional office in Chicago, the company facilitates live virtual property tours, allowing agents and consumers to connect in real-time. Realync's platform enables users to conduct interactive tours and open houses using smartphones or tablets, as well as to share high-definition pre-recorded videos for potential buyers and renters. By leveraging this technology, Realync enhances the property viewing experience, making it more accessible and engaging for clients and agents alike.

PactSafe

Seed Round in 2016
PactSafe, Inc. is a contract management company that specializes in automated and electronic signature solutions for businesses of various sizes. Established in 2012 and based in Indianapolis, Indiana, PactSafe provides a click-to-sign electronic signature platform that facilitates the management and tracking of contracts, streamlining the signing process while ensuring centralized recordkeeping. Its offerings include automated large-scale contract deployment tailored for compliance-related projects, clickwrap integration for eCommerce and software applications, and self-service contract options for customers. With a diverse clientele that includes companies such as DoorDash, Wayfair, and Angie's List, PactSafe serves a range of industries, including eCommerce, software as a service, healthcare, and financial services, focusing on enhancing efficiency in the digital contracting process.

Mimir

Debt Financing in 2016
Mimir Corporation, founded in 2014 and based in Indianapolis, Indiana, offers the Mimir Platform, a cloud-based solution designed to enhance the teaching and learning experience in computer science education. The platform, utilized by over 70 universities, enables instructors to efficiently manage courses of any size while maintaining high educational standards. Mimir Classroom streamlines grading processes, allowing for immediate feedback, and supports more than 40 programming languages. It also features tools to monitor student progress and identify areas where comprehension may be lacking. Additionally, Mimir’s configurable plagiarism detection system addresses academic integrity concerns by deterring cheating. Schools implementing Mimir have reported an average 11% increase in final exam scores, with a significant majority of students expressing a desire for the platform to be used across all their computer science classes. Mimir operates as a subsidiary of HackerRank.

DATTUS

Seed Round in 2016
DATTUS, Inc. is a technology company based in Indianapolis, Indiana, specializing in industrial data solutions that facilitate real-time access to critical information regarding equipment status. Founded in 2013, the company provides a comprehensive platform that integrates hardware and software to support data-driven decision-making across various industries, including manufacturing, energy, and pharmaceuticals. DATTUS offers an array of sensor technologies that monitor parameters such as temperature, vibration, and pressure, alongside a plug-and-play hub for seamless data cloud integration. Its analytics solution transforms sensor data into actionable insights, helping machine owners enhance asset utilization and optimize maintenance processes. DATTUS aims to empower industrial facilities to navigate the complexities of Industry 4.0, ultimately promoting operational efficiency, safety, and reduced downtime. The company, originally known as Bearing Analytics, Inc., rebranded in November 2014 and operates as a subsidiary of Plex Systems, Inc.

BoxFox

Seed Round in 2016
BoxFox is an online B2B marketplace that facilitates the buying, selling, and valuation of overstock merchandise for retailers globally. Founded in 2012 and headquartered in Indianapolis, Indiana, the company provides retailers with greater control over their inventory management by enabling them to sell surplus or underperforming stock. BoxFox's platform incorporates auction-type bidding and manages the entire shipping and payment process, ensuring seamless transactions. This innovative approach allows retailers to convert excess inventory into cash, thereby enhancing their ability to reinvest in their businesses.

Skyepack

Seed Round in 2015
Founded in 2012, Skyepack operates a mobile platform that enables educators to create and deliver custom, interactive learning content tailored to specific courses. The platform works with schools, departments, and faculty members to develop affordable, student-accessible educational materials.

Mimir

Seed Round in 2015
Mimir Corporation, founded in 2014 and based in Indianapolis, Indiana, offers the Mimir Platform, a cloud-based solution designed to enhance the teaching and learning experience in computer science education. The platform, utilized by over 70 universities, enables instructors to efficiently manage courses of any size while maintaining high educational standards. Mimir Classroom streamlines grading processes, allowing for immediate feedback, and supports more than 40 programming languages. It also features tools to monitor student progress and identify areas where comprehension may be lacking. Additionally, Mimir’s configurable plagiarism detection system addresses academic integrity concerns by deterring cheating. Schools implementing Mimir have reported an average 11% increase in final exam scores, with a significant majority of students expressing a desire for the platform to be used across all their computer science classes. Mimir operates as a subsidiary of HackerRank.

App Press

Venture Round in 2015
App Press LLC is a company based in Indianapolis, Indiana, that specializes in creating tools for designing and publishing custom mobile applications for iOS and Android platforms. Founded in 2010, the company provides services in application prototyping and custom application development. App Press has successfully developed over 300 applications and focuses on leveraging modern technology frameworks such as NodeJS, React, React Native, and Angular to enhance its development capabilities. By participating in open-source projects, the company not only improves its technical offerings but also attracts skilled engineers and technologists, allowing for efficient scaling and accelerated project delivery. App Press aims to support businesses in building innovative mobile solutions tailored to their specific needs.
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