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Comeback Capital

North America, Ohio, United States, Cleveland

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Comeback Capital frequently co-invest with?

Greater Colorado Venture Fund
North America, Colorado, United States, Ridgway
Co-Investments: 1
CA
North America, Washington, United States, Seattle
Co-Investments: 1
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
Right Side Capital Management
North America, California, United States, San Francisco
Co-Investments: 12
Tunitas Ventures
North America, California, United States, Menlo Park
Co-Investments: 1
Forum Ventures
North America, New York, United States, New York
Co-Investments: 2
Seed Round Capital
North America, Texas, United States, Houston
Co-Investments: 1
Bread and Butter Ventures
North America, Minnesota, United States, Minneapolis
Co-Investments: 2
Cove Fund
North America, California, United States, Irvine
Co-Investments: 1
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2

Which angels does Comeback Capital often collaborate with?

BP
North America, Texas, United States, Austin
Shared Deals: 1
CV
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by Comeback Capital?

FusionOS.ai

Apollo Beach, Florida, United States

The world's first AI-powered Marketing Operating System maximizes dramatically improving ROAS and campaign efficiency

Advertising PlatformsAnalyticsContentDigital MarketingDigital MediaE-CommerceInternetMarketingMarketing AutomationSaaS
SeedMay 10, 2024
Amount Raised: $252,000
Aropha

Bedford, Ohio, United States

Aropha provides product testing laboratory pioneering the application of automation and AI to advance biodegradability testing.

Artificial Intelligence (AI)Environmental EngineeringMachine Learning
SeedMar 11, 2024
Amount Raised: $1,000,000
HLRBO

Minneapolis, Minnesota, United States

HLRBO is an online hunting network that connects landowners and hunters.

HuntingInternetOnline PortalsOutdoorsRecreation
SeedFeb 20, 2024
Amount Raised: $1,035,000
ScaleIP

Boulder, Colorado, United States

ScaleIP is an IP monetization software for companies and labs.

Big DataBusiness IntelligenceEnterprise SoftwareIntellectual Property
Pre SeedJan 4, 2024
Amount Raised: $1,544,345
GroGuru

La Jolla, California, United States

Groguru is a technology company that specializes in smart irrigation solutions for agriculture.

AgricultureAgTechFarmingGreenTech
Series AAug 3, 2023
Amount Raised: $2,300,000
Camlann

Boston, Massachusetts, United States

Video game publishing and marketing operating system for PC & console game studios

SoftwareVideo Games
Pre SeedJul 26, 2023
Amount Raised: $600,000
DigitalEx

Austin, Texas, United States

DigitalEx provides an AI-based Hybrid Cloud Optimization Platform

Information TechnologySoftware
Pre SeedApr 4, 2023
Amount Raised: $2,000,000
Benefitbay

Kansas City, Missouri, United States

Benefitbay is the first-of its-kind, end-to-end solution that enables employers to offer personalized benefits for the modern workforce.

ComplianceEmployee BenefitsHealth InsuranceInsuranceSmall and Medium BusinessesSoftware
SeedMar 9, 2023
Amount Raised: $2,500,000
Plural

Washington, District of Columbia, United States

Plural is a company that provides public policy tools to help teams save time and discover opportunities in workflows.

NewsProductivity ToolsProject ManagementVirtual Workforce
SeedJan 1, 2023
Blooming Health

New York, New York, United States

Building the single touchpoint for all aging in-place needs

AppsHealth CareSoftwareWellness
Pre SeedDec 1, 2021