Heartland Ventures

Heartland Ventures connects industry-changing startups with a network of industrial operators.

Venture Capital Active South Bend, United States Est. 2016
Last updated 2026-07-20
Portfolio
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in our dataset
Rounds participated
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Rounds led
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Rounds' value
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About

Heartland Ventures is a venture capital firm that bridges the gap between innovative early-stage startups and established industrial businesses in the American Midwest. The firm focuses on connecting its portfolio companies with a network of over 800 industrial operators, facilitating customer validation, accelerating revenue, and driving growth. Heartland Ventures invests in cutting-edge technology for legacy industries such as manufacturing, logistics, real estate, and construction. They operate on a "Capital + Customer Infusion" model, actively introducing startups to potential early-adopter customers. Heartland Ventures manages over $100 million in assets and has invested in more than 20 portfolio companies. The firm has offices in South Bend, IN, Columbus, OH, and Indianapolis, and also has a presence in San Francisco/Silicon Valley and New York City.

Portfolio

No portfolio companies in this dataset yet.

Investment activity

1 portfolio exit on record.

Portfolio by sector

Business Software1
Industrial Technologies1

Q&A

What is Heartland Ventures' most recent notable exit?
Heartland Ventures had a notable exit in September 2025 with the acquisition of Firmus by Nemetschek. Firmus specializes in preconstruction AI design review and risk analysis.
Which sectors does Heartland Ventures primarily focus on for its portfolio companies?
Heartland Ventures' portfolio companies are concentrated in the Business Software and Industrial Technologies sectors, with one company in each.
Can you name some of Heartland Ventures' portfolio companies?
Heartland Ventures' portfolio includes Firmus, which focuses on preconstruction AI design review, and botique.ai, an AI-powered virtual assistant.
What is the typical investment range for Heartland Ventures?
Heartland Ventures typically invests between $500K and $7M.
What was the funding stage for botique.ai, a Heartland Ventures portfolio company?
botique.ai received Seed funding, raising $500K.
When was Heartland Ventures founded?
Heartland Ventures was founded in 2019.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

Identifiers & details

Founded2016