About Millworks Fund
Millworks Fund is a venture capital firm located in Manchester, United States. As of May 2021, Millworks Fund has invested in 12 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and EdTech. Most recently it participated in the $***** Series A round of Datanomix A lot of funds co-invest with Millworks Fund, with names like Wasabi Ventures sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Grant (prize money)
Millworks Fund's List of Top Investments
Millworks Fund has a portfolio of 12 companies. Their most notable investments are in College Pulse and ecoText.Their portfolio spans across and United States. They have invested in Enterprise Applications, Life Sciences, EdTech and 6 other sectors, across stages such as Seed, Grant (prize money) stages. Here is the list of top investments by Millworks Fund:1. Datanomix
Datanomix provides data visualization and productivity tool for manufacturing industries. Its analytical platform provides integrated solution form collecting data from the shop floor to processing data and providing insights. It enables operators, engineers and business leaders to visualize machine status, calculate productivity metrics such as OEE, and others. Features include communication with machines and controllers supporting protocols such as MTConnect and OPC UA, or CNC Machine controllers like FANUC, Haas, Heidenhain, Siemens or Mitsubishi.
Key facts about Datanomix
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Series B
- Total Funding till date: $21.1M
- Employee Count: 35 as on Aug 31, 2026
- Investors: MK Capital, Gutbrain Ventures and 16 Others
- Latest Funding Round: Series B, May 10, 2023, $*****
- Highlight: Editors' Pick
2. Propensity
Platform offering lead intelligence solutions. The platform enables clients in finding accounts with high Intent and creates an up to date list of their in market accounts. It enables them to identify, integrate and enrich in market accounts into their existing CRM. It alerts clients when a customer or prospect changes jobs. It enables integrations with Salesforce, HubSpot, LinkedIn, Facebook, Slack, etc.
Key facts about Propensity
- Founded Year: 2017
- Location: Exeter (United States)
- Stage: Seed
- Total Funding till date: $2.02M
- Employee Count: 53 as on Aug 31, 2026
- Investors: MassChallenge, 10x Venture Partners and 8 Others
- Latest Funding Round: Seed, Sep 2025, $*****
- Highlight: Editors' Pick
Community-based survey platform for college campuses. Enables to aggregate and share student public opinion on college campuses. Allows students to ask questions about things they want to know about their campus and it gives reliable data and rewards.
Key facts about College Pulse
- Founded Year: 2016
- Location: Hanover (United States)
- Stage: Seed
- Total Funding till date: $2.95M
- Employee Count: 16 as on Aug 31, 2026
- Investors: GSV Ventures, Conversion Capital and 7 Others
- Latest Funding Round: Seed, Apr 23, 2019, $*****
- Highlight: Editors' Pick
4. TendoNova
Developer of minimally invasive products for orthopedic procedures. The company is developing a suite of specialized tools for minimally invasive orthopedic procedures to treat chronic tendon pain. They have developed the Ocelot system for ultrasound-guided orthopedic procedures such as percutaneous tenotomy.
Key facts about TendoNova
- Founded Year: 2017
- Location: Atlanta (United States)
- Stage: Seed
- Total Funding till date: $3.41M
- Employee Count: 20 as on Aug 31, 2026
- Investors: VentureSouth, Georgia Research Alliance and 1 Other
- Latest Funding Round: Seed, Jun 26, 2024, $*****
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Developer of therapies for treating acute kidney injury. The company is focused on the uridine diphosphate (UDP)-glucose receptor signaling pathway to develop drug candidates. Its lead therapeutic candidate, KB-1801, is being investigated for treating AKI and other conditions associated with AKI in the ICU (e.g. sepsis, polytrauma, nephrotoxicity). The candidate has completed preclinical studies.
Key facts about Kantum Pharma
- Founded Year: 2019
- Location: Concord (United States)
- Stage: Series A
- Total Funding till date: $3.53M
- Investors: Broadview Ventures, 10x Venture Partners and 1 Other
- Latest Funding Round: Series A, Jul 12, 2021, $*****
Millworks Fund's Year-on-Year Investment Trends
Its most recent first time investment was in ecoText and most recent follow-on round was in Datanomix.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 1 | 1 |
2020 | 1 | 1 | 2 |
2019 | 1 | 0 | 1 |
2018 | 3 | 0 | 3 |
2017 | 3 | 0 | 3 |
Millworks Fund's Investments by Stage
Millworks Fund has made 5 investments in Seed stage with an average round size of $300K and 3 investments in Grant (prize money) stage with an average round size of $100K.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Grant (prize money) | 3 |
Note: We have considered here, only first round of investments
Millworks Fund's Investments by Sector
Millworks Fund has a diverse portfolio, with companies operating in the Enterprise Applications, EdTech, Business Services, Enterprise Infrastructure and HealthTech. Notably, it has invested in 9 Tech companies, 7 Enterprise (B2B) companies, 6 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
EdTech | 2 |
Business Services | 1 |
Enterprise Infrastructure | 1 |
HealthTech | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Millworks Fund's Investments by Geography
Millworks Fund has made most investments in United States (8).Millworks Fund's recent investments
Millworks Fund has not made any investment in 2026 so far.Here are the most recent investments by Millworks Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 04, 2021 | United States | Series A | 9951 | [+8] | |
Dec 03, 2020 | United States | Seed | 2330 | - | |
Mar 17, 2020 | United States | Seed | 8510 | [+1] | |
May 30, 2019 | United States | Grant (prize money) | 9286 | - | |
Jun 01, 2018 | United States | Grant (prize money) | 2498 | - |
Co-investors of Millworks Fund
Over the past 9 years, 27 investors have co-invested in Millworks Fund's portfolio companies. This includes funds and angels.
- Invested before Millworks Fund: Valor Ventures has invested before Millworks Fund.
- Top Co-investors of Millworks Fund: 4 investors entered a company along with Millworks Fund. These include investors like Wasabi Ventures (1 company).
- Invested after Millworks Fund: A total of 22 investors have invested in Millworks Fund's portfolio after their investments. Top Investors include Argon Ventures (1 company), York IE (1 company) and Mike Wohl (1 company).
Recent News related to Millworks Fund
•
Addapptation snares $1.3M seed to build a better UX for SalesforceTechCrunch+•Mar 17, 2020•Propensity, 2048 Ventures, Millworks Fund
•
Datanomix Announces $1 Million in Seed Funding; Appoints John Joseph as CEOBusiness Wire•Apr 17, 2018•Datanomix, Millworks Fund, 10x Venture Partners, Alumni Ventures and 3 others
