# Powderkeg Ventures

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/powderkeg-ventures

- Industry: Internet
- Headquarters: Indianapolis, US
- Website: www.powderkeg.com
- Latest round: Seed (Jun 26, 2018)
- Investors on record: 1

## About

Powderkeg Ventures LLC is a community-focused platform dedicated to connecting tech founders, investors, and professionals, particularly emphasizing startups outside Silicon Valley.Founded in 2004 and headquartered in Indianapolis, US, Powderkeg Ventures LLC operates as a platform linking tech entrepreneurs with investors and professionals. The company has not undergone major pivots or changes in business strategy since its inception. Matt Hunckler, the CEO, is instrumental in leading the organization. Powderkeg has raised a total of USD 0.90 mn, with its most recent funding round occurring on February 26, 2019, led by Elevate Ventures and including Stout Street Capital among its investors.Powderkeg primarily operates as a community-driven platform that connects tech founders, investors, and professionals, with a focus on startups located outside of Silicon Valley. Core offerings include access to a curated network of vetted startups, career development tools, and resources for professional growth. The platform facilitates networking through virtual events and provides tailored content like curated guides and newsletters, serving a diverse client base across various U.S. tech hubs such as Chicago, Denver, Miami, and Los Angeles.Powderkeg's revenue model is structured around multiple streams, including membership subscriptions, partnerships, and event sponsorships. Clients engage with the platform by subscribing to access premium features and resources tailored to their needs. The company also generates revenue through partnerships with tech firms seeking to connect with its community, although specific pricing details for memberships or partnerships are not publicly available.In February 2019, Powderkeg Ventures LLC raised USD 0.90 mn in a funding round led by Elevate Ventures, which will be utilized to enhance its platform offerings. The company is focusing on expanding its reach into additional tech markets, aiming to develop new products that further facilitate connections among tech professionals and investors. Specific areas targeted for growth include emerging tech regions within the U.S. over the next few years.

## Funding rounds

- Seed, Jun 26, 2018 — Stout Street Capital

## Investors

- Stout Street Capital (https://capitalatlas.ai/funds/stout-street-capital) — Seed