# Capital Midwest Fund

> Capital Midwest Fund is a VC fund in Milwaukee backing Software and SaaS. See 38 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Milwaukee, United States
- Total investments: 38
- Last investment: Jul 2025
- Lead investor: 39%
- Fund size: $41M
- Last fund: Dec 2021
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/capital-midwest-fund
- Website: http://capitalmidwest.com

Capital Midwest Fund is a venture capital firm that invests in advanced manufacturing, B2B, and healthcare technology companies.

## Contacts

5 contacts available for Capital Midwest Fund. Shizune tracks 6 team members at Capital Midwest Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/midwest-capital-fund?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 14 | 37% |
| SaaS | 5 | 13% |
| Health Care | 5 | 13% |
| Industrial Automation | 4 | 11% |
| FinTech | 3 | 8% |

71 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 12 | 32% |
| Seed | 8 | 21% |
| Series B | 8 | 21% |
| Series C | 3 | 8% |
| Funding Round | 3 | 8% |

8 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alvin Vitangcol | General Partner | 7 | https://shizune.co/investors/profile/alvin-vitangcol |
| Daniel Einhorn | General Partner | 1 | https://shizune.co/investors/profile/daniel-einhorn |
| Michael S. Harper | Partner | 0 | https://shizune.co/investors/profile/michael-s-harper |
| Stephen Einhorn | General Partner | 1 | https://shizune.co/investors/profile/stephen-einhorn |
| Dan Einhorn | General Partner | 1 | https://shizune.co/investors/profile/dan-einhorn-690a |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ServiceUp | ServiceUp provides an all-in-one platform designed to streamline and automate vehicle repair management. Its services cater to fleets and insurance carriers, offering features for collision, maintenance, and mechanical repairs. The platform centralizes workflows, provides live repair tracking, and aims to reduce repair cycle times. | $55M | Series B | Jul 09, 2025 |  |
| Sprocket Security | Sprocket Security provides continuous security testing services. Attackers don’t stop, and your business changes throughout the year. Assessing security once a year is a failed approach. Their platform detects changes in your organization and prompts human-driven testing to identify security risks.Testing adapts as your security posture matures.This includes red teaming, adversary simulations, security awareness, tabletop exercises, and more. Sprocket Security is purposely built for continuous testing and operates very differently than traditional firms. This allows us to offer affordable subscription prices for high-quality testing. | $8M | Series A | Mar 28, 2024 |  |
| BetterYou | BetterYou is a digital wellness platform that helps to make better health and wellness decisions every day. The platform leverages the data exhaust created from using their devices every single day to create insight around where people spend their time vs. what's actually important to them. Their users define what “time better spent” lookslike, and to help them stay on track.BetterYou provides population-level insights back to organizations, helping them drive health savings downstream by improving their employees’ digital and overall wellness. It also allows individuals to maximize their time and stay focused on goals that matter. | $6M | Series A | Dec 06, 2023 |  |
| Valid8 Financial | Valid8 Financial offers financial services investigations by extracting and reconciling banking transactions from any PDF statement. The company was founded in 2017 by Tod McDonald and Chris McCall and is headquartered in Seattle, Washington. | $8.5M | Series A | Nov 30, 2023 |  |
| Forecastr | Forecastr is an online software that enables founders to forecast their revenue, predict runway, understand their numbers, and get funded. The company allows users to build a custom financial model from their existing data. | $5.7M | Series A | Jul 28, 2023 |  |
| FRAYT | FRAYT is a developer of a delivery application offering shipping services. The company enables businesses and retailers to offer same-hour delivery to their customers, from coast to coast. | $7M | Series A | Apr 11, 2023 |  |
| Elate | Elate is driving alignment and making reporting easier by creating a single source of truth for goals and KPIs. Be sure to follow our Twitter and company LinkedIn page to stay up to date with our latest news and content! | $4.9M | Series A | Feb 14, 2023 |  |
| FactoryFix | FactoryFix is a managed marketplace that connects manufacturing companies to a vetted network of skilled workers such as engineers, machinists, and maintenance techs. Companies use FactoryFix to find and hire skilled labor for full-time jobs or part-time projects. | $10M | Series A | Jan 21, 2022 |  |
| Intellihot | Intellihot manufactures tankless water heater systems for residential and commercial applications. The system developed after several years of extensive research and development has been recognized for its innovative design and has several patents pending. The company traces its humble beginnings to winter of 2005 when a traditional water heaterbroke down and flooded the basement of the founder. | $50M | Venture - Series Unknown | Dec 07, 2021 |  |
| Valid8 Financial | Valid8 Financial offers financial services investigations by extracting and reconciling banking transactions from any PDF statement. The company was founded in 2017 by Tod McDonald and Chris McCall and is headquartered in Seattle, Washington. | $6.3M | Seed | Sep 28, 2021 |  |

10 of 38 investments shown.

## Co-investors
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 4 deals together
- [Great North Ventures](https://shizune.co/investors/profile/great-north-labs) — VC Fund, 3 deals together
- [Michigan Angel Fund](https://shizune.co/investors/profile/michigan-angel-fund) — VC Fund, 3 deals together
- [Venture Investors](https://shizune.co/investors/profile/venture-investors) — VC Fund, 3 deals together
- [Wisconsin Investment Partners](https://shizune.co/investors/profile/wisconsin-investment-partners) — VC Fund, 3 deals together
- [Allos Ventures](https://shizune.co/investors/profile/allos-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [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 Capital Midwest Fund invest in?

Capital Midwest Fund invests primarily in Software, SaaS and Health Care startups, most often at Series A and Seed stage. Most of the 38 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 Capital Midwest Fund?

Public channels for Capital Midwest 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 Capital Midwest Fund?

The team at Capital Midwest Fund includes Alvin Vitangcol (General Partner), Daniel Einhorn (General Partner) and Michael S. Harper (Partner), among 6 team members tracked by Shizune. 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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