ManchesterStory Group
Description
ManchesterStory Group is a prominent early-to-growth stage venture capital firm headquartered in West Des Moines, Iowa, with a strategic focus on the rapidly evolving InsurTech, FinTech, and HealthTech sectors. The firm is dedicated to identifying and supporting innovative companies that are poised to disrupt traditional industries through technology. Their investment philosophy centers on partnering with visionary entrepreneurs who are developing solutions to address critical market needs and drive digital transformation within these specialized verticals.
The firm is actively deploying capital from its third fund, ManchesterStory Ventures III, signaling its continued commitment to its core investment areas. ManchesterStory Group typically makes initial investments ranging from $2 million to $5 million, targeting companies that have demonstrated early traction and are ready to scale. This cheque size allows them to support companies through crucial development phases, from product refinement to market expansion. Their hands-on approach involves leveraging their deep industry expertise and extensive network to provide strategic guidance and operational support to their portfolio companies.
With over $200 million in assets under management, ManchesterStory Group has built a robust portfolio of over 40 companies, showcasing their significant presence and impact within their target markets. Their track record reflects a commitment to fostering growth and innovation, helping startups navigate complex regulatory landscapes and achieve commercial success. The firm's strategic location in the Midwest also provides a unique perspective on the broader U.S. market, enabling them to identify promising opportunities beyond traditional tech hubs.
Investor Profile
ManchesterStory Group has backed more than 41 startups, with 2 new investments in the last 12 months alone. The firm has led 19 rounds, about 46% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Insurance, InsurTech, Financial Services.
- Typical check size: $2M – $5M.
Stage Focus
- Series A (51%)
- Seed (32%)
- Series Unknown (7%)
- Series B (5%)
- Convertible Note (2%)
- Series C (2%)
Country Focus
- United States (95%)
- Canada (5%)
Industry Focus
- Insurance
- Insurtech
- Financial Services
- Fintech
- Finance
- Health Care
- Risk Management
- Artificial Intelligence (Ai)
- Mobile Apps
- Saas
Frequently Asked Questions
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