Investor profile for MATH Venture Partners: typical check size, headquarters (Chicago, IL), stages they lead or invest in, and links to website and social profiles. Part of the Venture Capital Tracker directory.
Chicago-based early-stage venture firm founded in 2014, investing in digital technology companies with an unfair advantage in customer acquisition and retention. Closed a $46M second fund in 2019; portfolio includes Acorns, BuiltIn, Chowly, EatStreet, and SpotHero.
Typical check size
$1M-$10M (stage-based estimate)
Founded
2014
Headquarters
Chicago, IL
AUM
N/A
Rounds they lead
Seed
Series A
Rounds they invest
Pre-Seed
Seed
Series A
Series B+
Portfolio companies we track
Startups in our directory that list MATH Venture Partners as an investor (1 total).
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
MATH focuses on seed and Series A, with selective Series B participation. Fund II materials described ~15 venture investments plus smaller seed-program checks around $100k.
The firm backs teams with a demonstrable edge in customer acquisition and retention — B2B/B2C software, marketplaces, ecommerce, and IoT. Operator-led partners emphasize go-to-market mechanics, not just product vision.
Headquartered in Chicago at the Merchandise Mart, with an Austin office listed in public directories. Primary deal flow skews Midwest and other under-capitalized U.S. markets.
Public materials cite initial venture checks up to roughly $2M in Fund II, with total per-company deployment up to about $5M over time. Treat as indicative planning ranges.
Portfolio names with Chicago roots include SpotHero (parking marketplace), BuiltIn (tech media/recruiting), Chowly, and EatStreet — useful comps for marketplace and vertical SaaS founders pitching local seed capital.
Crain's Chicago reported in 2022 that MATH was not actively raising a new fund at that time. Founders should confirm current deployment status directly with the firm rather than assuming an open Fund III.
