MI Ventures

ActiveVenture Capital

Updated: Mar 19, 2026 ·

About

MI Ventures LLC operates as a venture capital firm, providing seed and Series A investments to early-stage companies. Its core offering combines financial capital with strategic resources and experienced advisory for creative and disruptive business ventures. The firm partners closely with entrepreneurs, aiming to develop and scale innovative, often technology-enabled, concepts across diverse industries.

Principals including Aamer Abdullah, Aaron Allon, Shazim Chhapra, and Tasawar Ulhaq lead the firm. MI Ventures was established with the insight that emerging businesses need integrated support, beyond funding, leveraging investment history and a broad network. This foundational principle guides their commitment to nurturing the entrepreneurial spirit.

MI Ventures partners with pioneering entrepreneurs and their nascent companies. The firm’s vision empowers these ventures to validate models and realize ideas that positively impact the world. They are dedicated to fostering businesses that introduce novel practices and inspire forward-looking change.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 1, 2018	Shift	$4.0M Seed	—	ACME Capital, Andreessen Horowitz, AngelPad, Big Sky Health, DST Global, Expa, Founders Fund, Gaingels, General Catalyst, Human Ventures, Infinite Niches, InterWest, K5 Ventures, LAUNCH, Magical Capital, QueensBridge Venture Partners, Slow Ventures, Structure Capital, Techstars, Visionaire Ventures, Wildcat Ventures, XG Ventures, Jared Leto, Joshua Schachter, Rashaun Williams, Richard Chen, Sahin Boydas, Shervin Pishevar, Animo Ventures
Feb 1, 2015	Soothe	$2.0M Seed	—	ACME Capital, A-Force Ventures, AngelPad, CP Ventures, DCM, Global Innovation Fund, GreaterGoodSociety, Great Oaks Venture Capital, IDG Ventures, InterWest, K5 Ventures, LAUNCH, LombardStreet Ventures, Long Journey Ventures, Lumia Capital, Magical Capital, Alexander Rosen, Ridge Ventures, Scrum Ventures, Seven Seven Six, Sierra Ventures, Structure Capital, Techstars, Wasabi Ventures, XG Ventures, Y Combinator, Aaron Harris, Anthony Citrano, Greg Kidd, Jason Cahill, Richard Chen, Sam Altman, Scott Banister
Aug 1, 2014	Korbit	$3.0M Series A	—	AngelPad, Digital Currency Group, F-Prime Capital Partners, InterWest, K5 Ventures, Magical Capital, Structure Capital, Techstars, XG Ventures, Chip Davis, Joshua Schachter, Richard Chen
Jan 1, 2014	Korbit	$400K Seed	—	AngelPad, Data Tech Fund, Digital Currency Group, ENIAC Ventures, F-Prime Capital Partners, GFT Ventures, InterWest, K5 Ventures, Lightspeed Venture Partners, Magical Capital, OMERS Ventures, Samsung NEXT Ventures, SLVC, Structure Capital, SV Angel, Techstars, XG Ventures, Chip Davis, Joshua Schachter, Richard Chen
Dec 1, 2013	Compass	$700K Seed	—	Altair Capital Management, AngelPad, Cardumen Capital, Dalus Capital, Earth and beyond ventures, Foundry Group, InterWest, K5 Ventures, Magical Capital, One Way Ventures, Overtly Covert, Structure Capital, Techstars, XG Ventures, Jeff Clarke, Joshua Schachter, Oliver Thylmann, Richard Chen
Dec 1, 2013	OLSET	$450K Seed	—	500 Global, AngelPad, Bodega Partners, Carao Ventures, Drummond Road Capital, Great Oaks Venture Capital, Humba Ventures, InterWest, K5 Ventures, Magical Capital, Montage Ventures, Plug & Play Ventures, Structure Capital, Techstars, TNT Venture, XG Ventures, Ben Lin, Daniel Shi, Ian McNish, Joshua Schachter, Richard Chen
Nov 1, 2013	ExpenseBot	$220K Seed	—	AngelPad, Bodega Partners, Drummond Road Capital, Humba Ventures, InterWest, K5 Ventures, Magical Capital, Montage Ventures, Plug & Play Ventures, Structure Capital, Techstars, TNT Venture, XG Ventures, Daniel Shi, Joshua Schachter, Richard Chen
Oct 1, 2013	Runnable Inc.	$2.0M Seed	—	AngelPad, Bling Capital, Great Oaks Venture Capital, InterWest, K5 Ventures, Magical Capital, Sierra Ventures, Structure Capital, Techstars, The Hit Forge, XG Ventures, Ben Lin, Joshua Schachter, Richard Chen
Aug 1, 2013	Pogoseat	$800K Seed	—	8VC, AngelPad, Coatue, Expansion Venture Capital, Founders Co-op, Founders Fund, Generative Ventures, Highline Beta Inc., InterWest, Javelin Venture Partners, Jude Gomila Rolling Fund, K5 Ventures, Kima Ventures, Magical Capital, Matrix, Menlo Ventures, MetaProp Ventures, NOMO Ventures, Offline Ventures, Operator Collective, Pareto Holdings, Pear VC, Practical Venture Capital, Race Capital, RRE Ventures, SeedInvest, Silicon Valley Connect, SOSV, Structure Capital, Techstars, Trajectory Ventures, UpHonest Capital, Valar Ventures, Vayner RSE, World Fund, XG Ventures, Anselm Adams, Anthony Pompliano, Daren Cotter, Dave Schappell, Dror Shimshowitz, Esther Dyson, Evan Cheng, Halle Tecco, Jaan Tallinn, Jade Wang, Jay Baer, Joshua Schachter, Ligaya Tichy, Lisa Gansky, Loic Le Meur, Mark Cuban, Richard Chen
Dec 1, 2012	VIDCOIN	$130K Seed	—	8VC, Kima Ventures, Magical Capital, Operator Collective, Trajectory Ventures, XG Ventures, Dror Shimshowitz
Mar 1, 2012	Appurify	$2.0M Seed	—	8VC, Accel, Adams Street Partners, Caffeinated Capital, Catapult Capital, Chemistry VC, ENIAC Ventures, Felicis Ventures, GV, Hercules Capital, Insight Partners, IVP, Khosla Ventures, Kima Ventures, Magical Capital, Next Coast Ventures, Operator Collective, Prosperity7 Ventures, Sound Ventures, Top Harvest Capital, Trajectory Ventures, Upside Partnership, WGI Group, XG Ventures, XYZ Venture Capital, Y Combinator, Dror Shimshowitz, George Hoyem, Janis Krums, Karl Jacob, Roger Ehrenberg, Ron Garret, Sam Altman, Tom McInerney, Vince Monical
Dec 1, 2011	GAIN Fitness	$650K Seed	—	8-Bit Capital, Accomplice VC, Andreessen Horowitz, AngelPad, Bain Capital, Bling Capital, BootstrapLabs, Catapult Capital, Craft Ventures, Zachary Bogue, Decibel Partners, DST Global, End Partners, Flex Capital, FPV Fund, Fyrefly VC, Grace Beauty Capital, Hack VC, Hustle Fund, IDG Ventures, Infinite Niches, iNovia Capital, InterWest, K5 Ventures, Kapor Capital, Khosla Ventures, Lytical Ventures, Magical Capital, Jonathan Golden, Obvious Ventures, Paradox Capital, QueensBridge Venture Partners, Red Beard Ventures, Alexander Rosen, SciFi VC, Slow Ventures, SOSV, Sparrows, Structure Capital, Team Ignite Ventures, Techstars, Think + Ventures, Transmedia Capital, Xfund, XG Ventures, Anne Wojcicki, Anthony Saleh, Brad Holden, Chung-Man Tam, Clark Landry, DROdio - Daniel R. Odio, Erik Moore, Greg Kidd, James Beshara, James Hong, Joshua Schachter, Marc Benioff, Michael Birch, Michael Levit, Patrick S. Chung, Richard Chen, Vishal Rao
Sep 1, 2011	IMRSV	$810K Seed	—	BoxGroup, Craig Shapiro, ENIAC Ventures, Fifth Wall, First Round Capital, Foundation Capital, Lowercarbon Capital, Practical Venture Capital, SciFi VC, Aaron Patzer, Amer Rehman, Dave Pell, Don Hutchison, Farhad Mohit, Jay Weintraub, Mac Harman, Matt Mazzeo
Aug 1, 2011	Prism Skylabs	$2.0M Seed	—	7BC Venture Capital, Andreessen Horowitz, Boldstart Ventures, Cantos Ventures, Canvas Ventures, Coughdrop Capital, DN Capital, Dreamers VC, DST Global, Expa, Founder Collective, Greylock, Harrison Metal, ICONIQ Capital, IVP, LAUNCH, LGF, Next Play Ventures, Operator Ventures, Owl Rock Capital Partners, Owl Ventures, Practical Venture Capital, Precursor Ventures, Quiet Capital, Raine Ventures, Rubicon VC, Saga, Sound Ventures, The House Fund, Triatomic Capital, True Ventures, Yes VC, Zelkova Ventures, Amer Rehman, Arianna Huffington, Chung-Man Tam, Daniel Rosensweig, Drew Houston, Erik Blachford, Gina Bianchini, James Kelm, Jason Citron, Jeff Seibert, Karl Jacob, Samvit Ramadurgam, Scott Belsky, Wayne Chang, Wendell Brooks, Yishan Wong
Apr 1, 2011	BizeeBee	$440K Seed	—	Asset Management Ventures, BoxGroup, Great Oaks Venture Capital, Kapor Capital, Mayfield, Outlander Labs, Practical Venture Capital, Gil Penchina, Techstars, Wildcat Ventures, Don Dodge, Esther Dyson, Karl Jacob, Max Ventilla

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at MI Ventures.

Aamer Abdullah

Principal

Leadership Team

Key people at MI Ventures.

Aamer Abdullah

Principal

Deep Dive

High-Level Overview

MI Ventures is a New York-based venture capital firm specializing in seed-stage and early-stage investments primarily in technology companies. Their mission centers on advising and investing in creative, disruptive ventures that aim to improve the world through innovative business models and technology-enabled practices. They participate actively in seed and Series A funding rounds, supporting startups in proving their concepts and scaling. MI Ventures focuses on sectors within the technology space, with a portfolio that reflects a commitment to fostering new business practices and technological innovation[1][2][4].

Origin Story

Founded in 2009, MI Ventures has evolved as a seed-stage investor concentrating on startups within a specific geographic region, mainly New York. While detailed information on key partners is limited, the firm’s history shows a consistent focus on early-stage technology investments. Over time, MI Ventures has expanded its investment scope to include not only capital but also strategic resources and experienced advice to help startups grow. This evolution highlights their dual role as both financiers and active partners in the startup ecosystem[1][2][5].

Core Differentiators

Investment Model: Focus on seed and early-stage rounds, with occasional participation in later stages, emphasizing startups that leverage technology to create new business practices.
Geographic Focus: Concentrated investment in New York-based technology startups, enabling deep local market knowledge and network effects.
Value-Add: Beyond capital, MI Ventures provides strategic resources and experienced guidance to portfolio companies, supporting their growth and operational challenges.
Track Record: A portfolio of about 24 investments with 21 active, demonstrating sustained engagement in the startup ecosystem.
Capital Range: Investments typically range from approximately $1.1 million to $47 million, indicating flexibility in funding amounts depending on the startup’s stage and needs[1][2][5].

Role in the Broader Tech Landscape

MI Ventures rides the wave of increasing innovation in technology-driven business models, particularly in urban and regional ecosystems like New York. The timing aligns with a growing emphasis on seed-stage funding to nurture disruptive startups that can scale rapidly. Market forces such as digital transformation, demand for new business practices, and the rise of technology-enabled services favor MI Ventures’ investment thesis. By focusing on early-stage companies, MI Ventures helps shape the local startup ecosystem, fostering innovation and economic growth in a competitive tech landscape[1][2][4].

Quick Take & Future Outlook

Looking ahead, MI Ventures is likely to continue expanding its portfolio within the technology sector, leveraging its strategic advisory capabilities to enhance startup success rates. Trends such as artificial intelligence, blockchain, and digital transformation will probably influence their investment focus. As the New York tech ecosystem grows, MI Ventures’ role as a seed-stage investor with deep local expertise positions it to be a key player in identifying and scaling disruptive startups. Their influence may evolve toward more active operational involvement and possibly larger funding rounds as portfolio companies mature[1][2][5].

Sources

High-Level Overview

Origin Story

Core Differentiators

Investment Model: Focus on seed and early-stage rounds, with occasional participation in later stages, emphasizing startups that leverage technology to create new business practices.
Geographic Focus: Concentrated investment in New York-based technology startups, enabling deep local market knowledge and network effects.
Value-Add: Beyond capital, MI Ventures provides strategic resources and experienced guidance to portfolio companies, supporting their growth and operational challenges.
Track Record: A portfolio of about 24 investments with 21 active, demonstrating sustained engagement in the startup ecosystem.
Capital Range: Investments typically range from approximately $1.1 million to $47 million, indicating flexibility in funding amounts depending on the startup’s stage and needs[1][2][5].