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Network Ventures

VC

USMidwestMarketplacesB2B SaaSFintechConsumer

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Investment thesis

Network Ventures is a Midwest-based, seed stage venture capital firm focused on companies building network effects. They invest in founders with bold visions to positively change the world. Bold visions are non-consensus and don't chase the latest trends. They may even seem small to start, but with a founder's unyielding commitment and relentless execution, they can grow into something big. The firm looks for technology companies that are building network effects, defined as a product that naturally improves for users over time as the number of users grows. This may be as obvious as a two-sided marketplace or a social network, or may be something the company builds toward as it grows its customer base and launches additional offerings. They are industry agnostic and want to back the best founders in sectors that they're passionate about. The firm invests $250k in companies raising their first $500k-2m in a pre-seed or seed round, often being the first 'yes' that a founder hears from an investor. They are the lead investor or first institutional check in 80% of their portfolio companies.

Notable quotes

Network Ventures showed conviction on business fundamentals when other investors were not too keen on logistics technology. Since the investment, we have really enjoyed working with them as they do a great job connecting portfolio companies and creating a network of founders who can lean on each other to ask difficult and pressing questions.

Divey Gulati & Dhruv Saxena · Network Ventures website - Focus page

Network Ventures invested in two different companies of mine – both times as the first check. I've met with hundreds of investors over the years, and Network Ventures' ability to move fast and understand the mix of opportunities and challenges in potential investments is unparalleled. We're lucky to have Jeff and his team with us – as would any company with their support.

Hank Leber · Network Ventures website - Portfolio page

Network Ventures' human-first approach to investing makes them easy to talk to and great to work with. They provide great resources and feedback, and it's clear that they genuinely want to help their portfolio companies.

Hope Horner · Network Ventures website - Team page

Team

Jeff Maters

Founder & Managing Director

MarketplacesNetwork Effects

Recent investments

CompanyRoundSizeDate
UnValePre-seed$2m2025-03
PickleheadsSeed$3m2025-02
ShipBobSeed
Hunt ClubSeed
EarlyBirdSeed$2m2020-09
86 RepairsSeed$2m2019-05
GiggsterSeed$1m2020-09
Retail AwareSeed$1m2020-08
LemonlightSeed
Honeycomb CreditSeed

Frequent co-investors

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