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Heartland Ventures

Heartland Ventures last closed a fund in January 2026 — 10 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now.

Funds on file
8
Capital raised
$114M
Latest close
January 2026
Based in
IN, OH

Vehicles on file

VehicleFirst closeAmount Filings
Heartland Ventures Fund III, L.P.January 2026$35M0002108079 ↗
Heartland Ventures S12 LLCAugust 2024$100,0000002080940 ↗
Heartland Ventures S7 LLCMarch 2021$937,5000002080941 ↗
HEARTLAND VENTURES FUND II, L.P.January 2021$49M0001800507 ↗
Heartland Ventures S6 LLCSeptember 2020$200,0000002080942 ↗
Heartland Ventures S3 LLCJanuary 2020$1M0001799242 ↗
Heartland Ventures S2, LLCDecember 2019$2M0001790429 ↗
Heartland Ventures Fund I, L.P.—$25M offered0001734286 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Max Brickman, Bradley Toothaker, Ryan Rans

What Heartland Ventures invests in

Typical fund
$2M median, pre-seed / seed scale
Median of this firm’s filed fund sizes on Form D.

Service providers

Fund administrator
Carta (7 funds)
Auditor
KATZ Sapper & Miller (3 funds)

From Form ADV filed by HEARTLAND GROUP HOLDINGS LLC CRD 335476 ↗, latest filing April 2026, covering 7 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.