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Bread and Butter Ventures (fka The Syndicate Fund)

Micro VCActive

Bread and Butter Ventures is an early stage venture capital fund based in Minnesota and investing globally.

Saint Paul, United StatesFounded 2012breadandbutterventures.com/
38
Investments
2
Exits
$50M
AUM
5.3%
Exit Rate

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Investment Thesis & Strategy

Bread and Butter Ventures is a micro-VC firm that invests globally in early-stage companies across AgTech, Food & Beverage, E-commerce, Robotics/Hardware, and Supply Chain Management. They seek to invest in companies with strong potential for growth and innovation.

Investment Activity

Deals per year over the last 8 years

2
2014
0
2015
4
2016
2
2017
0
2018
1
2019
0
2020
3
2021

Portfolio Companies

Selected investments from their portfolio of 38 companies

P
Prokeep
SaaS · Series A, 2021
Active
F
FactoryFix
Enterprise · Seed, 2021
Active
B
Branch Messenger
Enterprise · Seed, 2021
Active
U
Upsie
Consumer · Series A, 2019
Active
D
Dispatch
Logistics · Series A, 2017
Active
L
LeadIQ
SaaS · Series A, 2017
Active
T
The Farmer's Dog
Food & Beverage · Series A, 2016
Active
D
DispatchTrack
Logistics · Series A, 2016
Active
B
Bright Health
Healthcare · Series A, 2016
Active
S
Sezzle
Fintech · Series A, 2016
Active
W
When I Work
SaaS · Series A, 2014
Active
G
Gravie
Healthcare · Series A, 2014
Active

Notable Exits

CompanyTypeYearValue / Acquirer
BrightwheelAcquisition2023
DispatchAcquisition2021

Frequently Asked Questions

Bread and Butter Ventures (fka The Syndicate Fund) focuses on Seed, Series A stage investments.

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