David Tolmie – Startup Investor Profile

David Tolmie is a Senior Partner at Edgewater Funds with a history of successful leadership roles. He has a background in CEO and President positions and is actively engaged in civic and business leadership. The Edgewater Funds, a Chicago-based private equity firm, focuses on executive-led investments, tailoring their approach to each opportunity. Their criteria include target company sizes of $3M – $40M EBITDA and initial equity investments of $10M – $100M in the U.S. and Canada. Edgewater concentrates on business services, healthcare, and industrials, offering varied transaction types. David Tolmie’s collaborative style is evident through his roles on various boards and leadership positions.

Location: Chicago, IL

Country: United States of America

Investment Regions:

Investment Stages: pre-seed, seed

Website:

AI Reasoning: Search results show The Edgewater Funds announced an investment in Dura Products on Jun 1, 2023. Calculating from that date to November 1, 2025 yields 28 months since the last known investment. However Tracxn indicated Jun 2023 as latest; no investments found more recent than Jun 2023. That places the last known investment more than 12 months ago, corresponding to ‘low-active’. But additional sources (Edgewater site) confirm Jun 2023 Dura Products investment and no later investments found. Therefore classification should be ‘low-active’.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.