Iron Prairie Ventures is a venture capital firm based in Leawood, Kansas, specializing in early-stage investments that drive the digital transformation of foundational industries such as manufacturing, infrastructure, construction, supply chain, and logistics.
The firm targets pre-seed and seed-stage startups developing innovative solutions to modernize and enhance productivity within the industrial sector. By focusing on technologies that address critical challenges in these industries, Iron Prairie Ventures aims to support the reindustrialization of America.
In March 2025, Iron Prairie Ventures announced the closing of its inaugural fund, raising $15 million. The firm plans to invest in approximately 22 to 25 companies, with initial investments ranging from $250,000 to $650,000. This fund aims to support startups that are developing technologies to enhance productivity and efficiency across traditional industrial sectors.
Leadership
Iron Prairie Ventures was founded by Maggie Kenefake, a Kauffman Fellow with over 20 years of experience in entrepreneurship and venture capital. Prior to establishing Iron Prairie, she held roles at Portfolia and Royal Street Ventures, where she backed numerous startups focused on innovation.
Investment Strategy
The firm leverages its Midwest location to unlock regional networks and resources, providing portfolio companies with strategic relationships with Fortune 1000 corporations headquartered in the area. This approach aims to capitalize on the Midwest's industrial strengths and longstanding expertise in manufacturing and logistics.
Notable Investments
Iron Prairie Ventures has invested in several promising startups, including:
Notable Exits
As of April 2025, Iron Prairie Ventures has not recorded any exits from its investments.