# Calumet Venture Fund

> Calumet Venture Fund is a VC fund in Madison backing SaaS and Video. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Madison, United States
- Total investments: 8
- Last investment: Jan 2015
- Lead investor: 13%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/calumet-venture-fund
- Website: http://www.calumetvc.com

Calumet Venture Fund is a VC fund in Madison focused on SaaS and Video. Founded in 2008, Calumet Venture Fund is a Midwest-based investment firm specialized in information technology sector.

## Contacts

5 contacts available for Calumet Venture Fund. Shizune tracks 4 team members at Calumet Venture Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/calumet-venture-partners?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 25% |
| Video | 1 | 13% |
| Software | 1 | 13% |
| Advertising | 1 | 13% |
| Digital Media | 1 | 13% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 25% |
| Series B | 2 | 25% |
| Series C | 2 | 25% |
| Funding Round | 1 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Judy Owen | General Partner | 3 | https://shizune.co/investors/profile/judy-owen |
| Toni Sikes | General Partner | 4 | https://shizune.co/investors/profile/toni-sikes |
| Annik Dupaty | Associate | 0 | https://shizune.co/investors/profile/annik-dupaty |
| Tim A. Williams | General Partner | 0 | https://shizune.co/investors/profile/tim-willaims |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| OptiMine Software | OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. Together they have more than 25 years of experience in e-commerce analytics. It provides intelligent software for advertising optimization. There flagship product, OptiMine Paid Search BidManagement, forecasts the performance of each paid search ad placement each day and automatically sets optimal bids. It is used by leading organizations such as Overstock.com and Wells Fargo and may be implemented in-house, hosted, or as software-as-a-service (SaaS). | $2.9M | Series C | Jan 09, 2015 |  |
| Montage | Montage is the single solution to engage, interview, and hire better candidates, faster. The company partners with many of the world’s most well-respected brands, including 100 of the Fortune 500, to create the high-tech, high-touch hiring experience the modern candidate expects. As the pioneer of purpose-built video interviewing, its proprietarytechnology integrates seamlessly with enterprise needs for reliability, scalability, compliance, and security.Montage is committed to market-driven innovation, incorporating applicable science, and data in its solutions to speed the process and improve the predictability of talent acquisition. Its commitment to superior client service and support is unique in the industry. The company helps each and every client at every stage of our partnership because we sincerely want them to succeed – and believe in building relationships for the long term.A privately held company, Montage is headquartered in Wisconsin. | $6M | Series C | Jun 05, 2014 |  |
| OptiMine Software | OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. Together they have more than 25 years of experience in e-commerce analytics. It provides intelligent software for advertising optimization. There flagship product, OptiMine Paid Search BidManagement, forecasts the performance of each paid search ad placement each day and automatically sets optimal bids. It is used by leading organizations such as Overstock.com and Wells Fargo and may be implemented in-house, hosted, or as software-as-a-service (SaaS). | $5.1M | Series B | Jan 22, 2014 |  |
| Montage | Montage is the single solution to engage, interview, and hire better candidates, faster. The company partners with many of the world’s most well-respected brands, including 100 of the Fortune 500, to create the high-tech, high-touch hiring experience the modern candidate expects. As the pioneer of purpose-built video interviewing, its proprietarytechnology integrates seamlessly with enterprise needs for reliability, scalability, compliance, and security.Montage is committed to market-driven innovation, incorporating applicable science, and data in its solutions to speed the process and improve the predictability of talent acquisition. Its commitment to superior client service and support is unique in the industry. The company helps each and every client at every stage of our partnership because we sincerely want them to succeed – and believe in building relationships for the long term.A privately held company, Montage is headquartered in Wisconsin. | $4M | Series B | Dec 27, 2012 |  |
| Montage | Montage is the single solution to engage, interview, and hire better candidates, faster. The company partners with many of the world’s most well-respected brands, including 100 of the Fortune 500, to create the high-tech, high-touch hiring experience the modern candidate expects. As the pioneer of purpose-built video interviewing, its proprietarytechnology integrates seamlessly with enterprise needs for reliability, scalability, compliance, and security.Montage is committed to market-driven innovation, incorporating applicable science, and data in its solutions to speed the process and improve the predictability of talent acquisition. Its commitment to superior client service and support is unique in the industry. The company helps each and every client at every stage of our partnership because we sincerely want them to succeed – and believe in building relationships for the long term.A privately held company, Montage is headquartered in Wisconsin. | $3M |  | Dec 14, 2011 |  |
| OptiMine Software | OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. Together they have more than 25 years of experience in e-commerce analytics. It provides intelligent software for advertising optimization. There flagship product, OptiMine Paid Search BidManagement, forecasts the performance of each paid search ad placement each day and automatically sets optimal bids. It is used by leading organizations such as Overstock.com and Wells Fargo and may be implemented in-house, hosted, or as software-as-a-service (SaaS). | $7.2M | Series B | Oct 24, 2011 |  |
| OptiMine Software | OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. Together they have more than 25 years of experience in e-commerce analytics. It provides intelligent software for advertising optimization. There flagship product, OptiMine Paid Search BidManagement, forecasts the performance of each paid search ad placement each day and automatically sets optimal bids. It is used by leading organizations such as Overstock.com and Wells Fargo and may be implemented in-house, hosted, or as software-as-a-service (SaaS). | $1.1M | Series A | Jan 05, 2011 |  |
| Montage | Montage is the single solution to engage, interview, and hire better candidates, faster. The company partners with many of the world’s most well-respected brands, including 100 of the Fortune 500, to create the high-tech, high-touch hiring experience the modern candidate expects. As the pioneer of purpose-built video interviewing, its proprietarytechnology integrates seamlessly with enterprise needs for reliability, scalability, compliance, and security.Montage is committed to market-driven innovation, incorporating applicable science, and data in its solutions to speed the process and improve the predictability of talent acquisition. Its commitment to superior client service and support is unique in the industry. The company helps each and every client at every stage of our partnership because we sincerely want them to succeed – and believe in building relationships for the long term.A privately held company, Montage is headquartered in Wisconsin. | $4.7M | Series A | Sep 10, 2010 |  |

8 of 8 investments shown.

## Co-investors
- [Baird Capital](https://shizune.co/investors/profile/baird-capital) — VC Fund, 3 deals together
- [Hummer Winblad Venture Partners](https://shizune.co/investors/profile/hummer-winblad-venture-partners) — VC Fund, 3 deals together
- [General Communication](https://shizune.co/investors/profile/general-communication) — VC Fund, 2 deals together
- [Zetta Venture Partners](https://shizune.co/investors/profile/zetta-venture-partners) — VC Fund, 2 deals together
- [Beringea](https://shizune.co/investors/profile/beringea) — VC Fund, 1 deal together
- [InvestMichigan](https://shizune.co/investors/profile/investmichigan-credit-suisse) — VC Fund, 1 deal together

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- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Calumet Venture Fund invest in?

Calumet Venture Fund invests primarily in SaaS, Video and Software startups, most often at Series A and Series B stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Calumet Venture Fund?

Public channels for Calumet Venture Fund include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Calumet Venture Fund?

The team at Calumet Venture Fund includes Judy Owen (General Partner), Toni Sikes (General Partner) and Annik Dupaty (Associate). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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