
Comeback Capital
Description
Comeback Capital is a Cleveland-based pre-seed and seed stage venture capital firm dedicated to fostering the burgeoning startup ecosystem across the American Midwest. Launched in 2020, the firm was founded with a clear mission to provide crucial capital, strategic connections, and a supportive community to promising founders building the next generation of companies within the region. Their investment philosophy is deeply rooted in a founder-first approach, aiming to empower entrepreneurs who are committed to establishing and growing their ventures in the Midwest, thereby contributing to the economic revitalization and technological advancement of the area.
The firm primarily targets companies at the pre-seed and seed stages, identifying high-potential startups early in their development cycle. Comeback Capital's investment strategy is characterized by its regional focus, actively seeking out opportunities within the Midwest, a region often overlooked by coastal venture capital. This deliberate geographic concentration allows them to build strong relationships with local founders and better understand the unique market dynamics and talent pools available. Their typical initial check size ranges from $250,000 to $750,000, providing significant early-stage funding to help companies achieve critical milestones and attract follow-on investment.
Comeback Capital commenced operations with a $10 million fund, a substantial commitment to its regional focus and early-stage investment thesis. This fund size enables them to make multiple strategic investments, thereby diversifying their portfolio while maintaining meaningful engagement with each portfolio company. Beyond capital, Comeback Capital emphasizes providing hands-on support, leveraging their network to connect founders with mentors, talent, and potential customers. Their commitment extends to building a robust community among their portfolio companies, fostering collaboration and shared learning to accelerate growth and mitigate common startup challenges. By focusing on the Midwest, Comeback Capital plays a vital role in decentralizing venture capital activity and proving the viability of building successful tech companies outside traditional hubs.
Investor Profile
Comeback Capital has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 18% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Pre Seed, Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
- Typical check size: $250K – $750K.
Stage Focus
- Pre Seed (50%)
- Seed (45%)
- Series A (5%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Information Technology
- Artificial Intelligence (Ai)
- Internet
- Machine Learning
- Saas
- Robotics
- Logistics
- Manufacturing
- Supply Chain Management
Frequently Asked Questions
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