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Gravity Fund
Gravity Fund is a Minneapolis-based early-stage venture firm founded by Matt Chverchko in 2014, writing first checks for Upper Midwest software founders.
Gravity Fund
Gravity Fund is a Minneapolis-based investment firm established in 2021. It invests in US startups across consumer marketplaces & applications, fintech & crypto, enterprise software, and life sciences.
General information
Firm type
Venture Capital
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
Minneapolis, MN, United States
Principals
Matt Chverchko
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Gravity Fund?
Matt Chverchko, as Managing Partner, leads investment decisions for Gravity Fund. The firm operates with a lean, partner-led structure where Chverchko’s judgment and network drive both sourcing and portfolio support. There is no indication of a large investment committee or external advisory board shaping allocation calls.
How does Gravity Fund source proprietary deal flow?
Gravity Fund sources primarily through Chverchko’s network within the Twin Cities and broader Upper Midwest technology ecosystems. The firm’s small scale and reputation as a first-check writer allow it to access deals that larger, multi-city venture platforms miss. It does not appear to rely on auction-based processes or broker-led deal flow.
What investment stages does Gravity Fund typically target?
Gravity Fund targets pre-seed and seed-stage rounds, with initial check sizes between $100,000 and $500,000. The firm positions itself as a lead investor or first institutional participant in these rounds.
Does Gravity Fund participate in fund commitments or only direct deals?
Gravity Fund’s model centers on direct, early-stage equity investments in operating companies. There is no public evidence that the firm makes fund-of-fund commitments or invests in secondary vehicles.
Which geographies does Gravity Fund focus on?
The firm concentrates on the Upper Midwest, specifically Minnesota, Wisconsin, the Dakotas, and surrounding Great Lakes states. It will occasionally consider opportunities outside this region when founder proximity or sector alignment is compelling.
Is Gravity Fund structured as a family office or a traditional venture firm?
Gravity Fund is a traditional venture capital firm, not a single-family office or multi-family office vehicle. Its capital base is institutional and individual limited partners rather than a single family's wealth.
Does Gravity Fund maintain philanthropic structures alongside its investing?
No philanthropic foundation or charitable vehicle affiliated with Gravity Fund has been publicly disclosed.
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