Circadian Ventures

Circadian Ventures is an Atlanta-based venture capital firm founded in 2020 by Mike Dowdle, a serial entrepreneur with 25+ years of experience who previously co-founded CPO Commerce, acquired by United Stationers (now Staples) in 2014. The firm operates two funds and also runs a co-investment syndicate, with portfolio companies collectively having raised over $350 million. The firm invests in early-stage tech and tech-enabled businesses across the US, with a focus on the Southeast. Target sectors include cybersecurity, fintech, data analytics, AI, supply chain, healthcare IT, marketing tech, HR tech, and sustainability. Fund I closed at $17.1 million, deployed across 13 portfolio companies. Notable Fund I investments include Cloud Range Cyber, Cloverly, Coginiti, IRALOGIX, Pinwheel, ketteQ, and Precog. Fund II investments include Vestible, CompliantRx, VeroSkills, and Intellectible. The firm has achieved several notable exits, with portfolio companies acquired by UKG, Staples, Volaris Group, and Cision. Dowdle and his team take an active, hands-on role with founders through board seats, a technology advisory council, and a network of operating executives with deep expertise across cybersecurity, supply chain, and enterprise software.