ZInvestorHunting

Venture capital firms in Illinois

45 venture firms based in Illinois filed a new fund, deal vehicle or board seat with the SEC in the last 12 months, 14 (31%) of them in the last 90 days. The most common sectors are Healthcare (9), B2B Software (6) and AI & ML (5). For the 32 with a stated or estimated check size, the median range is $250K–$750K. Many invest nationally, so also check the full list of venture firms.

Updated from SEC filings · How we build this list

Who are the most active venture firms in Illinois?

By new SEC filings in the last 12 months, the most active are HPA 2025 H Investment, FPG Ad, ARCH Venture, Dendrion and BVVC.

How many venture firms in Illinois are investing right now?

45 filed a new fund, deal vehicle or board seat with the SEC in the last 12 months, 14 of them in the last 90 days.

How much do venture firms in Illinois typically invest?

The median estimated check is $250K–$750K, across 32 investors with a plausible estimate. Actual checks vary by round and lead role.

What sectors do venture firms in Illinois back most?

Healthcare (9), B2B Software (6) and AI & ML (5) lead, by investors with recent activity in each.

Start a 3-day trial to rank these 45 investors by fit with your startup and see contacts and warm paths.

Rank them for me
  • HPA 2025 H InvestmentVC firm · Darien, IL

    Seed · checks $50K–$150K (est.)

    AI & MLE-commerce & Retail
  • FPG AdVC firm · Chicago, IL

    Pre-seed, Seed · checks $75K–$250K (est.)

    Sector focus not yet verified
  • ARCH VentureVC firm · Chicago, IL

    Seed to Growth · checks $4.05M–$92.5M (est.)

    Biotech & PharmaHealthcare
  • DendrionVC firm · Chicago, IL

    Seed, Series A

    Healthcare
  • BVVCVC firm · Burr Ridge, IL

    Pre-seed, Seed · checks $175K–$500K (est.)

    Sector focus not yet verified
  • BCF-TensormeshVC firm · Chicago, IL

    Seed, Series A

    E-commerce & RetailConsumer
  • PCV Fund I PartnersVC firm · Chicago, IL

    Seed, Series A

    Sector focus not yet verified
  • VoltaVC firm · Naperville, IL

    Seed to Growth · checks $125K–$400K (est.)

    Climate & EnergyMobility & Logistics
  • Higher Ground LabsVC firm · Chicago, IL

    Pre-seed, Seed · checks $100K–$300K (est.)

    Deep TechHardware & RoboticsB2B Software
  • MotivateVC firm · Chicago, IL

    Pre-seed, Seed · checks $1M–$3M (est.)

    AI & MLConsumerMedia, Gaming & Creator
  • SandboxVC firm · Chicago, IL

    Seed to Series B · checks $1M–$3M (est.)

    HealthcareInsurtech
  • 7wire VenturesVC firm · Chicago, IL

    Seed to Series B · checks $1.5M–$4.5M (est.)

    HealthcareMedia, Gaming & CreatorSpace
  • Superior StudiosVC firm · Chicago, IL

    Pre-seed, Seed · checks $100K–$300K (est.)

    Media, Gaming & Creator
  • Peranaut First LightVC firm · Chicago, IL

    Seed, Series A

    Sector focus not yet verified
  • G8 Alpine BioVC firm · Highland Park, IL

    Seed, Series A

    Biotech & Pharma
  • SC VivaliaVC firm · Chicago, IL

    Pre-seed, Seed · checks $50K–$100K (est.)

    Sector focus not yet verified
  • Manifold BoostVC firm · Chicago, IL

    Pre-seed, Seed · checks $100K–$300K (est.)

    Sector focus not yet verified
  • Grid CapitalVC firm · Winnetka, IL

    Pre-seed, Seed · checks $250K–$750K (est.)

    Climate & EnergyIndustrial & ManufacturingReal Estate & PropTech
  • Triton SeaVC firm · Chicago, IL

    Seed, Series A

    Sector focus not yet verified
  • InterstellarVC firm · Chicago, IL

    Pre-seed, Seed · checks $225K–$700K (est.)

    Sector focus not yet verified
  • JCDPVC firm · Chicago, IL

    Seed to Series B · checks $3.5M–$10.5M (est.)

    Industrial & Manufacturing
  • Oca TMPVC firm · Chicago, IL

    Seed to Growth · checks $100K–$300K (est.)

    Biotech & PharmaHealthcare
  • HPA Shelfmark InvestmentVC firm · Darien, IL

    Seed, Series A

    Sector focus not yet verified
  • OV TorusVC firm · Chicago, IL

    Seed, Series A

    Sector focus not yet verified
  • ValorVC firm · Chicago, IL

    Seed, Series A · checks $2.5M–$7.5M (est.)

    Food & Agriculture
  • HPA Karoo Health InvestmentVC firm · Darien, IL

    Seed, Series A

    Healthcare
  • Barrel VenturesVC firm · Evanston, IL

    Seed, Series B · checks $300K–$900K (est.)

    Mobility & LogisticsFood & AgricultureConsumer
  • Ua1VC firm · Winnetka, IL

    Pre-seed, Seed · checks $200K–$600K (est.)

    Sector focus not yet verified
  • Permanent Capital VenturesVC firm · Chicago, IL

    Seed, Series A · checks $1.2M–$3.6M (est.)

    Sector focus not yet verified
  • Hyde Park Venture PartnersVC firm · Chicago, IL

    Pre-seed to Series B · checks $1M–$3M (est.)

    AI & MLHealthcareDeveloper ToolsMobility & Logistics+1
  • Palo SantoVC firm · Highland Park, IL

    Seed, Series A

    Sector focus not yet verified
  • Tonic VenturesVC firm · Chicago, IL

    Pre-seed, Seed · checks $200K–$600K (est.)

    Sector focus not yet verified
  • Atoms VCVC firm · Chicago, IL

    Pre-seed, Seed · checks $250K–$750K (est.)

    Sector focus not yet verified
  • FT OpenovaVC firm · Wheaton, IL

    Seed, Series A

    Sector focus not yet verified
  • Eqiq LLC VCVC firm · Chicago, IL

    Seed to Series B · checks $3.7M–$11.1M (est.)

    Sector focus not yet verified
  • Bluestein VenturesVC firm · Chicago, IL

    Seed, Series A · checks $450K–$1.35M (est.)

    Biotech & PharmaFood & Agriculture
  • ModerneVC firm · Chicago, IL

    Series A to Growth · checks $750K–$2.25M (est.)

    Deep TechB2B SoftwareAI & MLReal Estate & PropTech+1
  • InnovateHealth SwitchboardVC firm · Chicago, IL

    Seed, Series A

    Sector focus not yet verified
  • Corazon CapitalVC firm · Chicago, IL

    Seed, Series A · checks $1M–$3M (est.)

    Media, Gaming & CreatorDeep TechAI & ML
  • Williams Bay Holding CoVC firm · Chicago, IL

    Seed, Series A

    Sector focus not yet verified