Dundee Venture Capital
Dundee Venture Capital is an Omaha-based pre-seed and seed VC firm managing $90M in AUM across 50+ portfolio companies, investing in commerce enablement and supply chain technologies from idea stage through early product-market fit, leading more than 80% of its deals.
- Company typePrivate
- Founded2013
- HeadquartersOmaha, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Dundee Venture Capital does
Dundee Venture Capital is a pre-seed and seed-stage venture capital firm headquartered in Omaha, Nebraska, that invests in commerce enablement and supply chain technologies, ranging from ecommerce platforms to warehouse and logistics operations. Founded in 2013 by Mark Hasebroock and Greg, the firm manages $90M in assets under management across more than 50 portfolio companies, with disclosed check sizes of $500,000-$1M and a stated focus on leading more than 80% of its deals from idea stage through early product-market fit. Dundee's portfolio spans autonomous inventory drones (Gather AI), AI-powered merchandising (Curated for You), embedded insurance (Vertical Insure), generative AI sales tools (Autobound), fintech infrastructure (Upward), no-code commerce (Nyla), drone airspace management (ANRA Technologies), and B2B commerce platforms across US metros plus Vancouver and Toronto.
The firm's business model is conventional early-stage venture capital: it deploys LP capital into equity rounds, typically leading pre-seed and seed financings and taking board or observer positions, then generates returns through capital appreciation and exit proceeds. Dundee differentiates via a radical transparency approach — publishing comprehensive fund details on a public Notion page — and a vertical concentration thesis around commerce and supply chain, which is uncommon among generalist pre-seed funds and positions the firm as a specialist in "website to warehouse" infrastructure. Distribution is direct-founder sourcing supplemented by portfolio referrals, and the firm maintains an active co-investor network including Bain Capital Ventures, KKR, Tribeca Venture Partners, Bling Capital, and Breakwater Ventures Fund. Beyond traditional minority equity investing, Dundee has also executed outright acquisitions (Cosmic in 2016) and a $1.1B co-acquisition of Kobalt Capital's music publishing rights alongside KKR in October 2021, indicating selective participation in larger strategic transactions alongside core seed activity.
Dundee Venture Capital firmographics
Firmographics- Name
- Dundee Venture Capital
- Legal name
- Dundee Venture Capital
- Website
- https://dundeeventurecapital.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Dundee Venture Capital is an Omaha-based pre-seed and seed VC firm managing $90M in AUM across 50+ portfolio companies, investing in commerce enablement and supply chain technologies from idea stage through early product-market fit, leading more than 80% of its deals.
- Ownership category
- akta.pro rank
Dundee Venture Capital industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)
Keywords
Where Dundee Venture Capital is headquartered
LocationHeadquarters
- HQ city
- Omaha
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Dundee Venture Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Investment Returns / Carry: Dundee VC generates returns through equity investments in early-stage startups, typically leading rounds and taking ownership stakes in portfolio companies. Returns realized through fund carry on successful exits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Dundee Venture Capital product offering
Product offeringCore offering
Dundee Venture Capital is a pre-seed and seed-stage venture capital firm that invests in commerce enablement and supply chain technology companies. The firm invests between $500,000 and $1M, typically leads more than 80% of its deals, and deploys capital from idea stage through early product-market fit, often taking board seats or observer positions.
Product overview
Dundee Venture Capital is a pre-seed and seed-stage venture capital firm that invests in commerce enablement and supply chain technologies, spanning from website/ecommerce to warehouse/logistics operations. Rather than operating a unified product platform, the firm deploys capital into early-stage portfolio companies across areas including autonomous inventory management, AI-powered merchandising, embedded insurance, generative AI for sales, no-code commerce tools, and various B2B commerce platforms. The firm's investment approach is characterized by leading more than 80% of its deals and maintaining a 12-year track record with $90M in AUM across 50+ portfolio companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Dundee Venture Capital Fund A pre-seed and seed-stage venture capital fund investing in commerce enablement and supply chain technologies, with a focus on leading investments from idea stage through early product-market fit. The fund invests $500,000 to $1M per company, manages $90M in AUM, and has backed more than 50 founders across its portfolio.
Companies that use Dundee Venture Capital
Customer profileSegments1 record
Ideal customer profiles1 record
Dundee Venture Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Dundee Venture Capital partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Dundee Venture Capital competitors and assessment
Company assessmentDirect peers
- High Alpha: Indianapolis-based early-stage VC firm investing in B2B SaaS and commerce-related technologies with similar Midwest positioning, fund size, and stage focus as Dundee Venture Capital.
- M25: Chicago-based early-stage VC focused on tech startups in the Midwest; M25 is a documented co-investor with Dundee (Pear Commerce Series A), making it a directly comparable peer in stage, geography, and check size.
- Heartland Ventures: Midwest-focused early-stage VC investing in commerce, supply chain, and B2B SaaS companies; documented co-investor alongside Dundee in Pear Commerce's Series A round.
- Stage 2 Capital: Early-stage VC focused on B2B SaaS go-to-market; led Pear Commerce's $10M Series A with Dundee participating, indicating directly overlapping investment focus and stage.
- Lerer Hippeau: New York-based seed-stage VC with a strong consumer/commerce and B2B SaaS thesis; comparable to Dundee in stage and commerce vertical focus, though operating from a coastal hub with a larger fund.
- Matchstick Ventures: Boulder-based early-stage VC investing in seed and pre-seed tech startups outside major coastal markets; similar stage and 'between-the-coasts' positioning to Dundee.
- Origin Ventures: Chicago-based early-stage VC investing in consumer and commerce-related startups; comparable Midwest positioning and pre-seed/seed stage orientation to Dundee.
Broad incumbents
- Forerunner Ventures: Commerce-focused VC firm with concentrated thesis on consumer commerce and retail enablement; substantially larger fund and later-stage orientation, but overlapping vertical focus with Dundee's commerce thesis.
- Techstars: Global accelerator and seed-stage investor; broader and earlier funnel than Dundee but operates in overlapping pre-seed/seed tech investment categories and provides a benchmark for early-stage VC scale.
- Revolution Ventures: Revolution's seed and early-stage funds invest in commerce, fintech, and consumer tech companies; broader and larger than Dundee but operates at overlapping stages with similar vertical exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Dundee Venture Capital social profiles
Digital presenceDundee Venture Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dundee Venture Capital leadership team
Management profileNumber of profiles
Profiles4 records
Dundee Venture Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dundee Venture Capital M&A and investment
M&A and investmentM&A1 record
Investments106 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dundee Venture Capital
What does Dundee Venture Capital do?
Dundee Venture Capital is a pre-seed and seed-stage venture capital firm that invests in commerce enablement and supply chain technology companies. The firm invests between $500,000 and $1M, typically leads more than 80% of its deals, and deploys capital from idea stage through early product-market fit, often taking board seats or observer positions.
Is Dundee Venture Capital a public or private company?
Dundee Venture Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Dundee Venture Capital founded?
Dundee Venture Capital was founded in 2013. It employs 1 to 10 people.
Where is Dundee Venture Capital based?
Dundee Venture Capital is headquartered in Omaha, United States, in the North America region.
How does Dundee Venture Capital make money?
One revenue line is on record: investment Returns / Carry.
Who are Dundee Venture Capital's main competitors?
Direct peers on record are High Alpha, M25, Heartland Ventures, Stage 2 Capital, Lerer Hippeau, Matchstick Ventures and Origin Ventures. Broad incumbents are Forerunner Ventures, Techstars and Revolution Ventures.
Does Dundee Venture Capital have an API?
No public API is recorded for Dundee Venture Capital.
What industry is Dundee Venture Capital in?
Dundee Venture Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAJ, Venture Capital Fund-of-Funds / Multi-Manager Platforms. Its NAICS code is 5259 and its SIC code is 6799.