Bread and Butter Ventures

Bread and Butter Ventures is an early-stage venture capital firm based in Minnesota, investing globally in food technology, digital health, and enterprise SaaS startups. The firm leverages Minnesota's strong corporate connections, commercial opportunities, and industry expertise to benefit its portfolio companies. Founded in 2017 as The Syndicate Fund, it rebranded to Bread and Butter Ventures in 2020, expanding its focus to include food technology, digital health, and enterprise software as a service (SaaS).

The firm's investment strategy centers on seed-stage companies innovating in three essential sectors: food technology, digital health, and enterprise SaaS. Bread and Butter Ventures has invested in 66 companies across its first three funds, including TradeVerified, SocialCrowd, Chiyo, and VoiceCareAI. In March 2025, the firm announced the close of its fourth fund, raising $40 million to invest in seed-stage startups within its core sectors.

Bread and Butter Ventures is led by Managing Partners Brett Brohl and Mary Grove, with Stephanie Rich serving as Partner, Platform. The team brings a unique blend of backgrounds, combining experience in entrepreneurship, technology, and early-stage investing. The firm is committed to being founder-first, offering more than just capital by providing ongoing support through its platform to connect startups with the necessary resources and partners for global scaling.