Building Inclusive VC Pipelines & Processes

“Our hope is that by publishing our report about our process and KPIs around DEI, other firms will be encouraged to take their own next step, and perhaps to do the same,” says Asem. “Racism did not die in 2020, but I still believe that all of us can play our own authentic roles in bringing it to a true demise.”

M25 is an early-stage venture firm based in Chicago, investing solely in tech startups headquartered in the Midwest. Since launching in 2015, they’ve become the most active investor in the region. Led by Mike Asem and Victor Gutwein, M25 enjoys challenging traditions. As a firm, they committed in 2020 to embrace transparency in their pipeline and processes as they relate to diversity and inclusion. The diversity benchmark report is part of that commitment, highlighting data on underrepresented founders in the Midwest.

Check out the full report here.

The M25 team in August 2021, downtown Chicago



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