Top 4 Venture Capital Firms in Cleveland in 2023

The venture capital ecosystem in Cleveland has undergone major growth over the last decade.

In this article, you will find some of the top venture capital firms in Cleveland investing across various sectors and industries.

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4 Venture Capital Firms in Cleveland

1) Plug and Play Tech Center

Plug and Play provides an array of services including accelerators, mentorships, and capital to entrepreneurs of all backgrounds.

Details of the VC firm:

• Country: USA, Canada, Brazil, United Arab Emirates, Netherlands, Belgium, Spain, Switzerland, Morocco, Germany, Turkey, South Africa, Italy, France, China, Japan, South Korea
• City: Chicago, Cleveland, Detroit, São Paulo, Topeka, Toronto, Abu Dhabi, Amsterdam, Antwerp, Barcelona, Basel, Ben Guerir, Cairo, Geneva, Hamburg, Istanbul, Johannesburg, Madrid, Milan, Munich, Paris, Bangkok, Beijing, Kyōto, Ōsaka, Seoul, San Francisco
• Started in: 2006
• Founders: Ali Safavi, Jackie Hernandez, Saeed Amidi
• Industries: DTC, Enterprise, Fintech, Food & Beverage, Healthcare, InsurTech, IoT, Media, Transportation, Hardware, Proptech & Real Estate, Supply Chain & Logistics, Climate & Sustainability, Travel & Hospitality, Agriculture, Energy
• Stages: Early Stage, Series A, Series B, Series C
• Minimum check size: $50,000
• Maximum check size: $250,000
• Number of investments: 1447
• Number of exits: 140
• Funds raised: $45,500,000
• 3 remarkable investments: Truebill, Honey, Life360

You can find their website here.

You can send them an email at investment@plugandplaytechcenter.com.

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2) Morgenthaler Ventures

Morgenthaler Ventures is a venture capital and private equity firm investing in the IT and life science market.

Details of the VC firm:

• Country: USA
• City: Boston, Boulder, Cleveland, San Francisco, Princeton
• Started in: 1968
• Founders: David Morgenthaler
• Industries: Consumer, Hardware, SaaS, Developer Tools, Devops, Cloud, Enterprise, AI & ML, Marketplace, Fintech, Healthcare
• Stages: Seed, Early Stage
• Number of investments: 347
• Number of exits: 102
• Funds raised: $1,300,000,000
• 3 remarkable investments: Mulesoft, Lending Club, Sonatype

You can find their website here.

You can send them an email at inquiries@morgenthaler.com.

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3) Primus Capital

Primus Capital is an investment firm providing capital for late-stage healthcare, software and tech-related companies.

Details of the VC firm:

• Country: Georgia, USA
• City: Atlanta, Cleveland
• Started in: 1983
• Founders: Phillip C. Molner
• Industries: Healthcare, Education, Cybersecurity, SaaS
• Stages: Buyout
• Minimum check size: $20,000,000
• Maximum check size: $100,000,000
• Number of investments: 209
• Number of exits: 80
• Funds raised: $800,000,000
• 3 remarkable investments: Argos Health, Ambition, Bloomfire

You can find their website here.

You can send them an email at info@primuscapital.co.uk.

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4) InHealth Ventures

InHealth Venture is a global venture capital firm investing in tech-enabled healthcare and life science startups from pre-seed to series A.

Details of the VC firm:

• Country: United Kingdom, USA
• City: London, Cleveland, Boston, Hyderābād, San Francisco, New York, Oxford, Redwood City, Washington, Minneapolis, Tel Aviv-Yafo
• Started in: 2016
• Founders: Ivan Bradbury
• Industries: Healthcare, Biotech, Life Sciences
• Stages: Pre-Seed, Seed, Series A
• Minimum check size: $500,000
• Maximum check size: $3,000,000
• Number of investments: 12
• 3 remarkable investments: Healios, Laudio, Cake

You can find their website here.

You can send them an email at info@inhealth.vc.

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