About Midwest
Midwest is a venture capital firm founded in 2018. It is primarily based out of Chicago, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Overall, Midwest portfolio has seen 1 unicorn and 5 acquisitions including key companies like Kin, mParticle and Jiobit.Midwest's List of Top Investments
Midwest has a portfolio of 17 companies, one of which is a Unicorn. Their most notable investments include Ethereum and Kin.Their portfolio spans across United States, Canada and France. They have invested in Enterprise Applications, High Tech, Consumer and 11 other sectors. Here is the list of top investments by Midwest:1. Ethereum
Blockchain-based public network for decentralized applications. It is a blockchain-based distributed computing platform and operating system featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. It enables developers to build and deploy decentralized applications.
Key facts about Ethereum
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Employee Count: 998 as on Mar 31, 2026
- Investors: 27th Street Capital, Gynther Capital and 108 Others
- Latest Funding Round: Series B, Oct 21, 2021, $*****
- Highlight: Editors' Pick

2. Kin
Online platform for homeowner insurance platform for individuals. It offers claims settlement services. It features a repair program for policyholders to rebuild homes. It offers insurance such as condo insurance, vacation home insurance, landlord insurance, and more. It also helps with insurance fraud.
Key facts about Kin
- Founded Year: 2016
- Location: Chicago (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $422M
- Employee Count: 671 as on Mar 31, 2026
- Investors: August Capital, Savano Capital Partners and 50 Others
- Latest Funding Round: Series E, Sep 08, 2025, $*****
- Highlight: Editors' Pick

3. mParticle
Platform offering data management software. The platform leverages API to collect customer data and connect it to the customer data platform. It helps in collecting, cleaning and connecting customer data to AB testing and analytics tools for experiments throughout the product lifecycle, thereby generating insights to improve conversions. It helps to understand user engagement, improve customer experience and make decisions based on customer data.
Key facts about mParticle
- Founded Year: 2012
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $272M
- Employee Count: 114 as on Mar 31, 2026
- Investors: Harmony Partners, Harmony Venture Partners and 27 Others
- Latest Funding Round: Series E, Oct 05, 2021, $*****
- Highlight: Acquired
Key facts about Premier Lacrosse League
- Founded Year: 2018
- Location: New York City (United States)
- Stage: Series D
- Employee Count: 253 as on Jul 01, 2024
- Investors: The Raine Group, Cobalt Capital and 22 Others
- Latest Funding Round: Series D, Jul 21, 2022, $*****
5. AltoIRA
Alternative investment platform for multiple assets Allows users to establish a self-directed IRA and invest the savings in alternative assets like private companies, real estate, digital assets, and. It features an Alto deal hub for automating & coordinating investment and closing processes, Alto CryptoIRA for trading & investing in crypto, and more.
Key facts about AltoIRA
- Founded Year: 2015
- Location: Nashville (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $73.1M
- Employee Count: 133 as on Jan 31, 2026
- Investors: MacDonald Ventures, Acrew Capital and 35 Others
- Latest Funding Round: Series B, Jan 05, 2022, $*****
- Highlight: Editors' Pick
Unicorns in Midwest's Portfolio
Midwest has 1 unicorn in its portfolio - Kin. The most recent unicorn in their portfolio is Kin which became a unicorn in 2023, 2 years before Midwest first invested in it.Here is a list of unicorns in Midwest's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Online platform for homeowner insurances for individuals | 2016 | Chicago | Series E | uqdlwcu |
Acquired companies in Midwest's Portfolio
5 companies from Midwest's portfolio have been acquired. The most recent acquisition was mParticle in Jan 2025 by Rokt Technologies for $*****.Here are Midwest's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 17, 2025 | - | - | 2566 | |
Dec 20, 2021 | - | - | 4961 | |
Aug 03, 2021 | - | - | 8675 | |
Apr 27, 2021 | - | - | 7423 | |
Mar 30, 2021 | - | - | 9339 |
Recent News related to Midwest
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