Prevail Innovative Wealth Strategies launches a VC fund and hopes to raise $100 million.

By James Dornbrook – Staff Writer, Kansas City Business Journal

Apr 8, 2025

Leawood-based Prevail Innovative Wealth Strategies launched what it hopes will become a $100 million fund and announced its first two investments.

Prevail Venture Capital Fund I LP plans to make 20 to 35 investments, according to the Prevail website. The fund’s objective is to return initial capital to investors within 36 to 42 months and generate multiples of four to five times the invested capital.

The fund looks to take a founder-first approach to investing and offer hands-on support for scaling operations, developing leadership and strategic planning. The fund targets high-potential companies in health care, technology, and consumer goods and services, particularly scalable businesses with a competitive edge.

The fund’s first two investments were in Azle, Texas-based MDU Homes LLC and Cleveland-based Coologics Inc. Prevail did not disclose the amounts, though it says investments can range from $250,000 to $5 million.

MDU Homes is a design and construction company founded in 2024. It’s attempting to redefine the traditional housing market by creating luxury micro-living solutions that are efficient and elegantly designed. The business can expand into build-to-rent communities, corporate housing and vacation rentals. Backed by streamlined engineering and manufacturing, the company is positioned for mass production and widespread adoption.

“Our partnership with Prevail provides the capital and strategic support we need to accelerate our growth and expand access to innovative housing solutions,” MDU founder Jeff Levy said in a release.

Coologics was founded in 1999 by a board-certified OB/GYN with 19 years of clinical experience. The company is pioneering advancements in women’s health with its flagship product Vlisse, a drug-free therapeutic solution designed with patented controlled-cooling technology.

“Women deserve better solutions,” Coologics founder Dr. Kim Langdon said in the release. “With Prevail’s support, we’re advancing safe, non-drug therapies that have the potential to transform women’s health globally.”

The two investments fit the fund’s mission of financing entrepreneurs who are solving complex challenges with innovative approaches.

“Prevail invests in ideas that challenge convention and entrepreneurs who execute with conviction,” Prevail founder Kerry Lawing said in the release. “MDU Homes and Coologics are just the beginning.”