United States · Investor

M25

Last cheque observed Sep 2026; 115 cheques on record.

Deploying nowNew fund $28M, Dec 2024VC firm

Pre-seedSeedSeries AFinanceInsuranceSupply Chain

Deploying now
76%of best year13cheques in 12 months, 115 on record
Since the last cheque60days00hrs00min00sec
Median round$2.2MCheque size, as they say$250K – $500KRounds led1 of 115Sole investor12 roundsMostly inUnited States, 92%
Pitch M25

M25 highlights

  1. 01

    13 cheques in the last 12 months

  2. 02

    Mostly Seed and Venture: 78% of its rounds

  3. 03

    Sole investor in 12 rounds, median $700K

What they do

M25 is an early-stage venture firm based in Chicago, investing exclusively in tech startups headquartered in the Midwest.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$250K – $500K as they say
Stages
Pre-seedSeedSeries A
Sectors
FinanceInsuranceSupply Chain
Based in
Chicago, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first115 appearances

  1. 2026

    11 rounds

  2. Sept
    NoiseSeed · US · Cultivation Capital$7.2MWith 3 others
  3. Sept
    AerovyVenture · US$6.4MWith 1 other
  4. Jul
    ConstructionClockDebt · CA$332KWith 1 other
  5. Jul
    ImmigifyPre-seed · US$1.0MWith 3 others
  6. Jul
    Trava SecurityVenture · US$7.0MWith 2 others
  7. May
    EnsoDataVenture · USUndisclosedWith 4 others
  8. May
    BenjiSeed · US$6.3MWith 2 others
  9. Apr
    WhipzSeed · US$250KWith 2 others
  10. Mar
    ContinuumVenture · CA$7.2MWith 2 others
  11. Mar
    ChippGrant · US$50KWith 2 others
  12. Feb
    Get BizzyDebt · US$1.8MWith 3 others
  13. 2025

    16 rounds

  14. Dec
    ConstructionClockSeed · CA$1.4MSole investor
  15. Nov
    EnsoDataSeries B · US · Colle Capital Partners$20MWith 1 other
  16. Oct
    PavewiseSeed · US$2.5MWith 4 others
  17. Oct
    Self Fund HealthSeed · US$1.4MSole investor
  18. Sept
    TandemStrideSeed · US$5.5MWith 3 others
  19. Aug
    Swept AIPre-seed · US$1.4MWith 2 others
  20. Aug
    Redi.HealthVenture · US$6.0MWith 2 others
  21. Jul
    ApFusionSeries A · Verb Ventures$6.0MWith 5 others
  22. Jul
    BlumiraDebt · US$15MWith 3 others
  23. Jun
    AbreVenture · US$13MWith 3 others
  24. Jun
    MOONNOXSeed · US$2.0MWith 1 other
  25. May
    Prediction GuardSeed · US$3.7MWith 2 others
  26. Mar
    WorkshopVenture · US$7.0MWith 2 others
  27. Feb
    VigilPre-seed · US$1.3MWith 1 other
  28. Feb
    86 RepairsVenture · US$2.0MWith 3 others
  29. Jan
    itiliti HealthVenture · US$574KWith 3 others
  30. 2024

    12 rounds

  31. Oct
    HummingbirdsSeed · US · TechCrunch$5.4MWith 7 others
  32. Oct
    TitleWiseSeed · US$250KWith 2 others
  33. Sept
    Top Tier LessonsPre-seed · US$520KSole investor
  34. Jun
    Pear CommerceSeries A · US$10MWith 2 others
  35. May
    PitchlyVenture · US$970KSole investor
  36. Apr
    AerovyVenture · USUndisclosedWith 1 other
  37. Apr
    ElateVenture · US$3.2MWith 2 others
  38. Feb
    backstitchVenture · USUndisclosedWith 3 others
  39. Feb
    StagetimeSeed · US$100KWith 3 others
  40. Jan
    Corral TechnologiesVenture · US$1.4MWith 1 other
  41. Jan
    DAtAnchorVenture · US$6.3MWith 1 other
  42. Jan
    JoshinVenture · US$1.4MWith 1 other
  43. 2023

    13 rounds

  44. Nov
    @hotelVenture · US$4.0MWith 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration3 named

DMDelali Michael AsemManaging MemberiFiling they signed
MAMike AsemPromoteriFiling they signed
VGVictor GutweinManaging Director of ManageriFiling they signed

We also hold 6 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$128Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
M25 Group, LLC
SEC number
CRD 304760

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Midwest Startups

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as M25. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies M25 put money into.

Quick answers about M25

What does M25 invest in?

M25 invests most often at Seed and Venture (78% of the rounds on record), in sectors such as Finance, Insurance and Supply Chain.

How active is M25?

115 investments on record, 13 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

What has M25 invested in recently?

Its most recent investments on record: Noise (Seed, Sept 2026), Aerovy (Venture, Sept 2026) and ConstructionClock (Debt, Jul 2026).

How big are M25's cheques?

The median round it joins is $2.2M. It says it writes cheques of $250K to $500K.

Does M25 lead rounds?

Sometimes: it led 1 of its 115 investments on record (1%).

Where does M25 invest?

Most of the companies it backs are in the United States (92%) and Canada (8%).

Is M25 investing now?

Yes: it is actively investing, with 13 investments in the last 12 months.

Who does M25 invest alongside?

Most often Techstars (11 rounds together), Connetic Ventures (8 rounds together) and Right Side Capital Management (8 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it