MK Capital
MK Capital is an early and growth-stage venture capital firm managing $500M+ AUM, leading $2–10M Series A and B investments in B2B software, cloud services, and robotics companies with active board participation.
- Company typePrivate
- Founded2003
- HeadquartersNorthbrook, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What MK Capital does
MK Capital is an early and growth-stage venture capital firm headquartered in Northfield, Illinois (Chicago area), with a secondary office in Ann Arbor, Michigan. Founded in 2001 by Bret Maxwell and Mark Koulogeorge — both veterans of the First Analysis venture capital practice established in 1994 — the firm manages over $500 million in assets under management across six funds. It invests $2–10 million per deal as lead investor in Series A and B rounds, typically acquiring approximately 20% post-money capitalization and securing a board seat, with a sector focus on B2B software, cloud services, and robotics companies exhibiting recurring revenue models and enterprise sales motions. The firm reports 10 exits and $300 million of capital returned to investors within a 36-month window, with a cumulative track record of 30+ exits including the sale of Llamasoft for over $1 billion and a 500%+ return on OneCause.
The firm's business model follows traditional VC economics, generating revenue through management fees charged on AUM and carried interest from successful portfolio exits. A distinguishing structural feature is that the managing partners collectively serve as the largest limited partner in their own fund, aligning GP and LP incentives. The current team of 1–10 professionals includes Managing General Partners Bret Maxwell and Mark Koulogeorge, Partners Kirk Wolfe (enterprise SaaS focus) and Josh Beebe (supply chain technology, based in Ann Arbor), Portfolio Operations Consultant Sultan Mehrabi, and Associate Arvind Shankar. Distribution is conducted through direct outreach, warm introductions, and inbound business plan submissions via the firm's contact page, supported by an active LinkedIn, Twitter, and Facebook presence, a newsletter, and exclusive portfolio CEO summits.
Recent strategic activity indicates both offensive expansion and active portfolio realization: in 2025 the firm led $12 million into INFI (AI self-service), $15 million into HealthPlan Data Solutions (pharmacy benefit oversight), and recorded exits of Part Analytics (to Altium), OneCause (to Bonterra, 500%+ return), and Rexera (to RealPage); Nerdio, a long-held portfolio company, closed a $500 million Series C at $1 billion+ valuation. In March 2026, MK Capital led a €5 million round in Copenhagen-based FoodOp, signaling a first documented European lead investment and supporting UK/US international expansion from a Nordic base.
MK Capital firmographics
Firmographics- Name
- MK Capital
- Legal name
- MK Capital
- Website
- https://mkcapital.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MK Capital is an early and growth-stage venture capital firm managing $500M+ AUM, leading $2–10M Series A and B investments in B2B software, cloud services, and robotics companies with active board participation.
- Ownership category
- akta.pro rank
MK Capital industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259)
- akta.pro primary industry
- Late-Stage Venture Capital (Series C+) (FSANAAAC)
Keywords
Where MK Capital is headquartered
LocationHeadquarters
- HQ city
- Northbrook
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
MK Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Management Fees and Carried Interest: MK Capital generates revenue through traditional VC fund economics: management fees charged on assets under management and carried interest (carry) from successful exits and returns to investors. The GPs at MK Capital are collectively the largest LP in their own fund, aligning interests with portfolio company founders.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
MK Capital product offering
Product offeringCore offering
MK Capital is a venture capital fund that invests in early and growth-stage B2B software, cloud services, and robotics companies, primarily leading Series A and B rounds with check sizes of $2–10 million. The firm takes board seats to serve as an active strategic partner, collaborating on strategy, operations, and technology while typically acquiring approximately 20% post-money capitalization. MK Capital manages $500M+ in assets under management and generates revenue through management fees and carried interest.
Differentiator
Problem solved
Functional benefit
Products and services
- MK Capital Corporate Website MK Capital's corporate website (mkcapital.com) provides information about the firm, its portfolio companies, investment strategy, team, news, and contact details, serving as the firm's primary digital presence.
- MK Capital Newsletter Newsletter subscription offering on the MK Capital website, providing portfolio updates, industry insights, and firm announcements to subscribers.
- Series A and B Lead Investments Lead equity investments in early and growth-stage B2B software, cloud services, and robotics companies, with check sizes typically ranging from $2-10 million and acquisition of approximately 20% post-money capitalization.
- Active Board Partnership Board participation service providing portfolio companies with strategic guidance on strategy, operations, and technology, plus access to executive networks, peer leadership summits, and proprietary market data.
Companies that use MK Capital
Customer profileNamed customers7 records
Segments1 record
Ideal customer profiles1 record
MK Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MK Capital partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
MK Capital competitors and assessment
Company assessmentDirect peers
- Resurgens Technology Partners: Resurgens Technology Partners is a tech-focused growth equity firm investing in B2B software and tech-enabled services — comparable in stage (growth), check size, and active board participation model.
- Foundry Group: Foundry Group is an early-stage venture firm focused on B2B software, internet, and emerging tech — directly comparable stage (Seed/Series A) and sector overlap with MK Capital's B2B software focus.
- First Analysis: First Analysis is the predecessor firm from which MK Capital's founders spun out in 2001. Both share roots, an investment focus on B2B technology and outsourced services, and an operating-partner approach to portfolio support.
- Plymouth Growth Partners: Plymouth Growth Partners is a Midwest-based growth equity firm investing in B2B tech and tech-enabled services with active board participation — directly comparable in geography, check size, and stage focus.
- Edison Partners: Edison Partners is a growth-stage venture capital firm focused on B2B software, B2B services, and healthcare IT, with similar check sizes and active board involvement — closely mirroring MK Capital's Series A/B lead strategy and sector concentration.
- Emergence Capital: Emergence Capital is a specialized B2B SaaS venture firm investing at Series A and beyond — directly comparable sector focus and stage, with a similar thesis of partnering with enterprise software founders for $100M+ outcomes.
- Costanoa Ventures: Costanoa Ventures is an early-stage venture firm focused on B2B SaaS and enterprise infrastructure — overlapping with MK Capital's stage (Seed/Series A) and sector (enterprise software).
Regional players
- Baird Capital: Baird Capital is the direct private investment arm of Robert W. Baird, focused on lower-middle-market growth equity in the US Midwest and UK — overlapping in geography and stage with MK Capital, with broader sector exposure.
- Origin Ventures: Origin Ventures is a Chicago-based early-stage venture firm investing in B2B and consumer software — comparable Midwest geography and early-stage B2B software focus.
Broad incumbents
- Norwest Venture Partners: Norwest Venture Partners is a large multi-stage venture and growth equity firm with significant B2B software investing — overlapping in stage (growth) and sector (enterprise software), but operating at materially larger fund sizes.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
MK Capital social profiles
Digital presenceMK Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
MK Capital leadership team
Management profileNumber of profiles
Profiles7 records
MK Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MK Capital M&A and investment
M&A and investmentM&A1 record
Investments80 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MK Capital
What does MK Capital do?
MK Capital is a venture capital fund that invests in early and growth-stage B2B software, cloud services, and robotics companies, primarily leading Series A and B rounds with check sizes of $2–10 million. The firm takes board seats to serve as an active strategic partner, collaborating on strategy, operations, and technology while typically acquiring approximately 20% post-money capitalization. MK Capital manages $500M+ in assets under management and generates revenue through management fees and carried interest.
Is MK Capital a public or private company?
MK Capital is a private company. It is classified as management employee owned and is currently operating.
When was MK Capital founded?
MK Capital was founded in 2003. It employs 1 to 10 people.
Where is MK Capital based?
MK Capital is headquartered in Northbrook, United States, in the North America region.
How does MK Capital make money?
One revenue line is on record: management Fees and Carried Interest.
Who are MK Capital's main competitors?
Direct peers on record are Resurgens Technology Partners, Foundry Group, First Analysis, Plymouth Growth Partners, Edison Partners, Emergence Capital and Costanoa Ventures. Regional players are Baird Capital and Origin Ventures. Norwest Venture Partners is listed as a broad incumbent.
Does MK Capital have an API?
No public API is recorded for MK Capital.
What industry is MK Capital in?
MK Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAC, Late-Stage Venture Capital (Series C+). Its NAICS code is 5259.