Dundee Venture Capital

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Overview

Dundee Venture Capital is a venture capital firm founded in 2010, based in Omaha, Nebraska, that invests in early-stage technology companies, particularly in commerce enablement, supply chain technologies, e-commerce, fintech, and SaaS.¹²³⁴ The firm leads most of its investments, typically seed rounds of $500,000 to $1,000,000 in high-growth startups outside coastal hubs, with over 90 investments and $90M in assets under management.¹²⁴ Notable portfolio companies include Summersalt, Omnia Fishing, Nyla, and Pear Commerce.¹

History

Dundee Venture Capital was founded in 2010 by Mark Hasebroock, who brings experience from the sale of Hayneedle to Walmart.¹ The firm has focused on early-stage investments in Midwest tech startups, leading over 80-90% of its deals.¹²⁴ It has made around 90 investments with $90M in AUM, with its last known investment in June 2024.¹⁴

Notable Products

Summersalt - Direct-to-consumer lifestyle brand in portfolio.
Omnia Fishing - E-commerce platform for anglers.
Nyla - No-code platform for e-commerce.
Pear Commerce - Digital marketing platform for grocery retailers.

Reputation

Dundee Venture Capital is recognized for its hands-on approach and leadership in seed rounds for Midwest startups, emphasizing early conviction and transformative potential.¹²⁴ Professionals note its track record with over 50 founders and focus on non-coastal innovation.¹⁴ No specific criticisms are documented in available sources.

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