4G Ventures

4G Ventures is a Carmel, Indiana-based venture capital firm founded in 2011 by Managing Director William Marion Godfrey. The firm invests at seed and early stage in companies across information technology, SaaS, real estate, hospitality, and retail sectors, with a goal of building a diverse portfolio of businesses that contribute meaningfully to their industries. Typical deal sizes range from $1 million to $5 million. The firm operates as a focused, single-manager vehicle with 24 investments across the United States. The portfolio spans SaaS, software, real estate technology, and e-commerce, with 8 SaaS investments, 6 in broader software, and 4 in proptech reflecting a deliberate concentration in software-driven models across traditional industry verticals. The firm takes a patient, conviction-based approach suited to a leaner operating model that allows the managing director to work closely with each portfolio company. 4G Ventures reflects a broader trend of institutionally-minded seed capital being deployed from non-coastal markets, where valuations and competition remain more rational. The firm's dual focus on technology and traditional sectors like hospitality and real estate speaks to a thesis that software adoption in those industries remains early and the opportunity for value creation is substantial. Founders benefit from direct access to Godfrey's operating and investment experience across the portfolio.