Where Companies are Founded
Rest of United States
2829 Companies Founded in 2022. 44% of those companies were in the Midwest, South, and Mountain West.
In 2021, a total of $332.68 bn was invested in companies. Only 13.6% of investments went to the Midwest, South, and Mountain West.
Funds Invested in $$$ (bns)
% of Funds Invested
GDP/GPI by Region
The South, Midwest, and Mountain West contributed more than 60% of Gross Domestic Product (GDP) and Gross Personal Income (GPI) to the U.S. economy in 2022 indicating untapped economic potential in these regions.
Our venture firm is committed to supporting and investing in the dynamic start-ups and entrepreneurs in the Midwest, South, and Mountain West regions of the United States.
Where we Invest
The next 10-15 years will see companies primarily exit via M&A versus IPOs. Corporations will target innovative startups to help make up for the inability to cultivate innovation internally due to continued constraints on resources.
Return to Middle America
The U.S. population is moving at historic rates from large urban areas and the coasts to the suburbs and middle America. The next generation of founders will be from these cities.
Back to Basics Business Fundamentals
Business fundamentals more than ever are the differentiator between resilient companies that can withstand market changes and those that are fads.
Unique Deal Flow
Accelerators, State, & University Connections
Numerous relationships with accelerators. state, and college funded programs:: Gener8tor (WI, AL, IL, NE, NV, MN, ND. OH, OK) NewChip, Illinois State Treasurer, 1871, StartOut, Kellogg and more to come
Relationships with Angel Networks like Portolo Valley Partners, Gaingels, Wealthing VC, etc.
In conversation with groups like Afrotech and Lesbians Who Tech to create opportunities for connections to founders within their networks
"B. has been an incredible asset to Purple Arch Ventures, even prior to their joining our investment committee. Their contextual assessment of our deals reflects a decade-long product career, as well as insatiable curiosity and resourcefulness. B.’s persistence and tenacity made us look great in the eyes of our founders, and we are forever grateful for their service to our most recent fund. B. has all the makings of a stellar venture fund manager, and we’re excited to see what they do.”
--David Beazley, Managing Partner, Purple Arch Ventures, an Alumni Ventures Fund
"“I deeply value B. as an advisor and person. They are someone I trust for clear, candid feedback across multiple areas of our mission. I come away from our conversations feeling lifted by their energy and insight, and I believe Let’sGlo is a better company because of B.’s partnership and support.”
--Matthew Bradley, Founder Let's Glo
DVRGNT's advisors with business experience across numerous industries
Legal and HR Expert
Deal diligence & Compliance
Accreditation and Compliance
Consumer Behavior Expert
Dr. Michael Mazzeo
Incoming Dean of Olin School of Business