Fund profile / United States

Bread & Butter Ventures Fund IV

Geography: United States
Stage: Seed
Fund size: $40M
Focus: Digital Health and SaaS
Signals: Published

N°01 / About

About Bread & Butter Ventures Fund IV

Bread & Butter Ventures Fund IV is a venture capital firm based in United States, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in Digital Health, SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StageSeed

Industry Focus

Digital Health

SaaS

Investor Signals Profile

active

Sweet Spot

Deep domain founder, strong team, solving health tech/AI with Fortune 500 relevance

supply chain

chronic disease

food service

B2B SaaS

health tech

enterprise innovation

Bullish Signals

GP named Notable Women Finance 2026external

Strong GP community visibility — 109 LinkedIn reactionslinkedin

Twin Cities Business recognition — local network depthlinkedin

Active portfolio content — founder spotlight series launchedlinkedin

Portfolio co. tackling forced labor compliance via AIlinkedin

"Future of" deep-dive series targeting thesis industrieslinkedin

Supply chain intelligence portfolio exit/scaling underwaylinkedin

Mary Grove first VC on #NoOperatingManual podcastexternal

Innovation Circle connects 20 Fortune 500 enterprise giantsexternal

Minnesota highest per-capita Fortune 500 concentration advantageexternal

Health tech + AI momentum — current market focusexternal

"Team, team, team" philosophy drives founder selectionexternal

B&B thesis: home-field advantage via Fortune 500 ecosystemexternal

Direct commercial introductions to enterprise anchor customersexternal

Mary Grove podcast appearance confirms hands-on founder approachexternal

Contrarian Signals

No contrarian signals recorded.

Founder Do's

Be domain expert in your industry

Show near + far future vision

Address real regulatory/compliance angles

Solve single-point-of-failure supply chain risks

Build world-class team first

Prioritize team over product/traction initially

Be first call when things go right or wrong

Founder Don'ts

Don't lack sector depth

Don't ignore supply chain risk angles

Don't pitch without future-state narrative

26 signals on Bread & Butter Ventures Fund IV

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Facts

Fund Overview

Fund Size$40M

Saves1

Website

People

Key People

Mary Grove, Brett Brohl

Mary GroveManaging Partner

N°04 / See also

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