Investor Profiles: Matt Blomstedt

At Wisdom Partners, our mission is to help founders succeed. We want to empower founders by connecting them with insights from industry leaders who can guide them through the challenges of entrepreneurship and investment. In this investor profile, we’re excited to introduce Matt Blomstedt, who brings deep expertise in early-stage investments across healthcare, logistics, supply chain, and fintech.

The First Impressions: Beyond the Pitch Deck

What makes you read past the first slide of a pitch?

Typically, what hooks me is the problem being tackled and the solution offered. We’re looking for something unique—something that hasn’t been funded yet. For instance, digital bartering has existed for many years, but we haven’t seen a digital bartering network that effectively addresses this problem for businesses. That kind of innovation grabs our attention.

What is your investment thesis?

We are a pre-seed and seed-stage fund, and we exclusively invest in three industries: healthcare, logistics and supply chain, and fintech. The reason for this focus is that these areas align with our core team’s expertise and passions. We’re deeply committed to solving the problems these industries face because of the significant impact they have on the world.

What makes you excited to invest in a company?

It starts with uniqueness, but it’s also about finding a truly unique idea combined with an all-star team that’s committed to solving the problem. A detailed plan on how they’ll achieve their goals really excites us. The more we see an untapped market with a great team going after it, the more excited we become. While every deal is different, if I had to choose between uniqueness and a rockstar team, I’d say having a rockstar team that knows what they’re doing carries more weight.

The Importance of the Founder

What do you look for in a founder?

Expertise is a prerequisite, but beyond that, the best founders have a supernatural drive to see a problem solved. They have this incredible willpower to bring their vision to life, and they won’t stop until they succeed.

In your opinion, what challenges do founders face the most?

The biggest challenge across the board is scaling the team and finding the right people. Making the right hire early on can be a turning point for a growing business. Even second-time founders struggle with this, but they tend to do a better job. Building the right team is crucial and can be a rollercoaster ride.

What advice would you give to founders?

One thing we emphasize to founders is that we see them as human beings, not just as tools for generating revenue. We encourage them to be transparent and to come to us whenever there’s an issue. It’s okay to have a bad day; it’s okay to feel down when things aren’t going great.

Personal Insights

What is a fun fact about you?

I collect hats, specifically trucker hats. I need to figure out what I’ll do with them one day. Also, I spent 10 years in the energy business before moving into this field, so I’d probably still be doing that if I hadn’t gone into venture capital.

If somebody wants to reach out to you or they think they have a startup that might be a good fit for SpringTime Ventures, how can they contact you?

The best way is to fill out the form on our website—you’ll always get a response through that channel. Email and LinkedIn also work, but I might not answer as quickly.