Top 23 Venture Capital Powerhouses in Illinois

3
min read
Top 23 venture capital firms in Illinois Main

Top 23 Venture Capital Powerhouses in Illinois

3
min read
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Top 23 venture capital firms in Illinois Main
Top firms trust Inven to find niche companies

Venture capital firms in Illinois work in a dynamic, complex industry where rapid innovation and technology are key factors. They typically invest in emerging growth companies, putting their money into potential tech-driven sectors that could shape the future of industries. However, they don't merely offer monetary investments. These firms often supply strategic guidance, utilizing their deep understanding of particular sectors and extensive networks to enhance their portfolio companies' potential. From fintech to health-tech, these venture capital firms vary in their focus areas and stages of investment, but they all share an interest in fostering the growth of the next big idea.


Top 23 venture capital firms in Illinois

1. First Analysis

First Analysis is an investment banking and venture capital firm that serves emerging growth companies, industry leaders, and institutional investors in high-growth tech-driven sectors. They provide investment banking services through First Analysis Securities Corp., and venture capital investments. Their integrative research process combines dynamic investment research with thousands of relationships within their focus areas, offering a deep understanding of each sector's potential.


2. IrishAngels

IrishAngels is an investment firm that focuses on pre-seed and seed stage startups. They leverage their active network to provide funding and support to the companies they invest in.


3. VITALIZE Venture Capital

  • Website: vitalize.vc
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2017
  • Headcount: 1-10
  • LinkedIn

Vitalize is an investment firm focused on the future of work pre-seed and seed stage deals. They aim to achieve 5x+ returns for their investors and increase access to venture capital through their angel network.


4. Hyde Park Venture Partners

Hyde Park Venture Partners is an early-stage venture capital firm based in Chicago and Indianapolis, focusing on high-growth mid-continent technology startups.


5. New Stack Ventures

  • Website: newstack.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2015
  • Headcount: 1-10
  • LinkedIn

New Stack is a venture capital firm that invests in early-stage technology startups, with a focus on deeptech, marketplaces, and enterprise SaaS. Through their fellowship program, they provide support for startup founders, including coaching and strategy development.


6. OCA Ventures

OCA Ventures is a venture capital firm that provides funding and support to early-stage technology companies.


7. Motivate Venture Capital

  • Website: motivate.vc
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2019
  • Headcount: 1-10
  • LinkedIn

Motivate Venture Capital is a venture capital firm that works with high-caliber founders to co-create and turn their ideas into reality. They provide early investors in startups with liquidity by purchasing their shares via secondary transactions.


8. proChain Ventures

  • Website: prochain.vc
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2021
  • Headcount: 1-10
  • LinkedIn

ProChain Ventures is a venture capital firm that invests in founders transforming supply chains for good through next-gen procurement, supply management, and logistics technology.


9. Hunt Club

  • Website: huntclub.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2014
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Hunt Club is a talent acquisition company that specializes in connecting businesses with the best professional and executive talent. They utilize a network recruiting model and automated technology to identify top candidates for various industries and business stages. With a focus on building relationships and leveraging their extensive network of 8 million leaders, Hunt Club offers a smarter, more efficient approach to recruiting.


10. Hpa

  • Website: hpa.vc
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2007
  • Headcount: 51-200
  • LinkedIn

HPA is a leading early-stage investor that leverages world-class operating expertise, business networks, and venture capital to fuel startup success. Their founders transform their businesses into industry leaders, investors generate best-in-class returns, and the community experiences job creation and economic growth.


11. Angeles Investors

Angeles Investors is focused on finding, funding, and growing the most promising Hispanic and Latinx ventures in the US. They offer support to entrepreneurs through their startup awards, events, and membership community.


12. 4Degrees

  • Website: 4degrees.ai
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2017
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

4Degrees.ai is a relationship intelligence and deal flow management platform that eliminates the need for outdated spreadsheets and generic sales CRMs. It offers a centralized system for managing deals, collaborations, and networking within the private markets.


13. Workbox Company

  • Website: workboxcompany.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2019
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Workbox is a platform for companies to connect, offering flexible office solutions and resources to navigate workplace change. They invest in early stage companies aiming to reshape the Future of Work.


14. SA Capital Partners

SA Capital Partners is a financial services firm that provides merger & acquisition advisory and capital raising solutions for lower middle market businesses. They partner with private equity, venture capital, family offices, investment banks and lenders to offer specialized attention and advice to small business owners.


15. VestedWorld

  • Website: vestedworld.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2014
  • Headcount: 1-10
  • Latest funding type: Undisclosed
  • LinkedIn

VestedWorld is an early-stage investment fund manager that invests to create a more prosperous world.


16. 4D Healthware

  • Website: 4dhealthware.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2011
  • Headcount: 1-10
  • Latest funding type: Series Unknown
  • LinkedIn

4D Healthware is a company that offers a platform for administering healthcare services remotely and monitoring patient outcomes effectively.


17. Hyde Park Angels

Invest in start up entrepreneurs and promote entrepreneurs in the Midwest. Affiliated with the Polsky Center at the University of Chicago. Angel financing.


18. FirmRoom

  • Website: firmroom.com
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2018
  • Headcount: 11-50

FirmRoom is a virtual data room provider for M&A transactions, enabling dealmakers to securely manage and share sensitive information with ease.


19. Founder Equity

Founder Equity is a non-traditional fund that invests in early-stage tech startups using a value investing approach and manages risk through market expertise and active involvement.


20. Moran Capital Partners

Moran Capital Partners


21. Ecommerce Holdings LLC

ECOMMERCE HOLDINGS is a private equity firm that buys, grows, scales and exits profitable niche-focused beauty brands within the B2C beauty industry.


22. TechRise Chicago

  • Website: techrise.co
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2021
  • Headcount: 1-10
  • LinkedIn

TechRise, powered by P33, is a multi-stakeholder initiative to support Chicago’s Black and Latinx tech founders. In partnership with Verizon, 1871, investors, incubators, community leaders, and startup founders, TechRise brings you community, capital, and connections for every stage of your business. We’re with you from idea to exit. What is P33? P33 is non-profit organization that works collaboratively with Chicago communities to make our region a global tech leader where all people thrive. Learn more at p33chicago.com


23. Jumpstart Ventures

  • Website: jumpstart.vc
  • Headquarters: Chicago, Illinois, United States
  • Founded: 2011
  • Headcount: 1-10

JumpStart Ventures is an investment fund built to partner with entrepreneurs solving problems that need intelligent innovation and ambitious solutions.The fund invests in founders with humble invincibility and purposeful creativity launching companies that positively impact the world around them.


Want to find more venture capital firms?


If you want to find more companies that provide financial investment, strategic guidance, and access to unique industry networks you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!

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