Venture Capital

Updated:

Discidium Venture Partners

Discidium Venture Partners was formed in 2014 by Michael Rothman and Alex Rothman. The brothers generated the underlying capital through SMS Assist, which they...

Discidium Venture Partners logo

Discidium Venture Partners

Discidium Venture Partners was formed in 2014 by Michael Rothman and Alex Rothman. The brothers generated the underlying capital through SMS Assist, which they built from 1997 to 2017 and sold via a $2.25 billion proptech merger in early 2023. The firm operates from Chicago and maintains a second address in Austin. DV Partners makes direct co-investments and SPV commitments across PropTech, enterprise software, data analytics and industrial tech. It participates at growth and late-stage rounds. Confirmed holdings include Theron Technology Solutions, Second Avenue Group, Technori, Day 2+ and KingsCrowd. The firm maintains a North American focus with one documented collaboration on infrastructure projects in Europe. Co-investors on prior vehicles have included Goldman Sachs Investment Partners and Pritzker Group. The office lists two managing partners and draws on an external network that includes Technori and Theron Technology Solutions. An additional Austin address appears in records. February 2024 activity included participation in the Scottish Water framework alongside Xylem and RSE. No separate philanthropic vehicles or club memberships beyond Ernst & Young Entrepreneur of the Year recognition for Michael Rothman are disclosed. The structure centers on a hybrid model that combines family capital with an affiliated technology consultancy and accelerator. This setup supplies operating resources and sourcing channels that sit inside the same ownership group as the investment vehicle.

General information

Firm type

Venture Capital

Year founded

2014

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

300 N. Lasalle St. Suite 5550 Chicago, IL 60654

Principals

Michael Rothman

Managing Partner

Alex Rothman

Managing Partner

Sector focus

PropTechData AnalyticsIndustrial TechEnterprise Software

Frequently asked questions

Who runs investment decisions at Discidium Venture Partners?

Michael Rothman and Alex Rothman serve as managing partners. Both previously held operating roles at SMS Assist and Second Avenue.

How does Discidium Venture Partners source proprietary deal flow?

The firm routes opportunities through its affiliated accelerator Technori and its technology consultancy Theron Technology Solutions.

Does Discidium Venture Partners participate in fund commitments or only direct deals?

The firm focuses on direct co-investments and SPVs rather than blind-pool fund commitments.

What investment stages does Discidium Venture Partners typically target?

The firm targets growth and late-stage opportunities.

Where does the underlying wealth come from?

The capital originates from the Rothman brothers' founding and sale of SMS Assist, which reached unicorn status in 2016 and merged in a $2.25 billion transaction in 2023.

Does Discidium Venture Partners maintain philanthropic structures?

No separate philanthropic vehicles are disclosed in public materials.

What is Discidium Venture Partners' known posture on co-investments alongside external GPs?

The firm has co-invested with Goldman Sachs Investment Partners and Pritzker Group on prior platforms and continues to structure deals with external partners.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on venture capital firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Chicago Venture Capital profiles