iDtheinvestordatabase
Home / Lists / By state / Venture capital firms in Illinois
Updated November 2026

87 venture capital firms in Illinois

We list 87 venture capital firms in Illinois as of November 2026: each has an SEC filing on file, and the list was last checked on 6 Nov 2026. The cities with the most head offices on this list are Chicago (62), Winnetka (3) and Wilmette (2).

87firms
42with a fund filing or dated deal in the last 12 months
$50Mmedian fund size on file (SEC Form D, 62 firms)
348named decision-makers on file

Top 10 venture capital firms in Illinois, ranked by recent fund activity

Among firms with a published profile and a dated fund or deal in the last 24 months. The rule: Activity score out of 100: recency of the latest fund filing or dated deal (50: full marks within 3 months, then stepping down at 6, 12 and 24 months), size of the fund on file on a log scale (35) and completeness of the public record (15). It is a measure of activity and fit, not of quality or returns. The same rule orders the whole list; it is repeated in the method box.

  1. ARCH Venture Partners

    Type: VC firm · HQ: Chicago, IL · Stages: Pre-seed, Seed · Focus: Biotech, Healthtech, Deep Tech · Latest activity: New fund, Aug 2026 · Fund size on file: $3.0B (SEC Form D, 2024)

    Latest fund filing dated Aug 2026; $3.0B fund on file (SEC Form D, 2024); backs pre-seed, seed; 8 named decision-makers on file.

  2. Jump Capital

    Type: VC firm · HQ: Chicago, IL · Stages: Seed, Series A · Focus: AI, Cybersecurity, Fintech, SaaS · Latest activity: New deal, Oct 2026 · Private fund assets: $456M (SEC Form ADV)

    Dated new deal in Oct 2026; $456M on file (SEC Form ADV); backs seed, Series A; 8 named decision-makers on file.

  3. Energize Ventures

    Type: VC firm · HQ: Chicago, IL · Stages: Series A, Series B, Growth, Any stage · Focus: Energy, AI, Industrial Tech, Climate Tech · Latest activity: New deal, Sep 2026 · Fund size on file: $328M (SEC Form D, 2020)

    Dated new deal in Sep 2026; $328M fund on file (SEC Form D, 2020); backs Series A, Series B, growth-stage; 8 named decision-makers on file.

  4. 7wire Ventures

    Type: VC firm · HQ: Chicago, IL · Stages: Seed · Focus: Healthtech, AI, Medtech, SaaS · Latest activity: New fund, Oct 2026 · Fund size on file: $300M (SEC Form D, 2022)

    Latest fund filing dated Oct 2026; $300M fund on file (SEC Form D, 2022); backs seed; 8 named decision-makers on file.

  5. New Stack

    Type: VC firm · HQ: Chicago, IL · Stages: Pre-seed, Seed · Focus: AI, Fintech, Healthtech, Industrial Tech · Latest activity: New fund, Sep 2026 · Fund size on file: $125M (SEC Form D, 2024)

    Latest fund filing dated Sep 2026; $125M fund on file (SEC Form D, 2024); backs pre-seed, seed; 3 named decision-makers on file.

  6. Bewater

    Type: VC firm · HQ: Winnetka, IL · Focus: AI, Cybersecurity, Gaming, Developer Tools · Latest activity: New fund, Oct 2026 · Fund size on file: $150M (SEC Form D, 2026)

    Latest fund filing dated Oct 2026; $150M fund on file (SEC Form D, 2026); 8 named decision-makers on file.

  7. Promus Ventures

    Type: VC firm · HQ: Chicago, IL · Stages: Seed, Series A · Focus: Deep Tech, Space, Industrial Tech, Mobility · Latest activity: Portfolio news, Sep 2026 · Private fund assets: $203M (SEC Form ADV)

    Portfolio news dated Sep 2026; $203M on file (SEC Form ADV); backs seed, Series A.

  8. Sandbox Clinical Ventures

    Type: VC firm · HQ: Chicago, IL · Stages: Seed, Series A, Series B, Growth · Focus: Insurtech, Healthtech, AI, Fintech · Latest activity: New fund, Sep 2026 · Fund size on file: $100M (SEC Form D, 2021)

    Latest fund filing dated Sep 2026; $100M fund on file (SEC Form D, 2021); backs seed, Series A, Series B; 8 named decision-makers on file.

  9. Serra Capital

    Type: VC firm · HQ: Champaign, IL · Stages: Seed · Focus: Agritech, Food and Beverage, Deep Tech · Latest activity: New fund, Oct 2026 · Fund size on file: $150M (SEC Form D, 2024)

    Latest fund filing dated Oct 2026; $150M fund on file (SEC Form D, 2024); backs seed; 8 named decision-makers on file.

  10. G Squared

    Type: VC firm · HQ: Chicago, IL · Stages: Growth, Late stage · Focus: AI, Cybersecurity, Developer Tools, Data · Latest activity: New fund, Jun 2026 · Fund size on file: $1.2B (SEC Form D, 2025)

    Latest fund filing dated Jun 2026; $1.2B fund on file (SEC Form D, 2025); backs growth-stage, late stage; 1 named decision-maker on file.

First 25 of 87 venture capital firms in Illinois

InvestorTypeHQStagesour researchFocusour researchLatest fund or dealFund sizeas filed or statedCheckedContacts
ARCH Venture PartnersVC firmChicago, ILPre-seed, SeedBiotech, Healthtech, Deep TechNew fund, Aug 2026$3.0B (SEC Form D, 2024)4 Nov 20268 names · Unlock
Jump CapitalVC firmChicago, ILSeed, Series AAI, Cybersecurity, Fintech, SaaSNew deal, Oct 2026$456M (SEC Form ADV)5 Nov 20268 names · Unlock
Energize VenturesVC firmChicago, ILSeries A, Series B, Growth, Any stageEnergy, AI, Industrial Tech, Climate TechNew deal, Sep 2026$328M (SEC Form D, 2020)5 Nov 20268 names · Unlock
7wire VenturesVC firmChicago, ILSeedHealthtech, AI, Medtech, SaaSNew fund, Oct 2026$300M (SEC Form D, 2022)4 Nov 20268 names · Unlock
New StackVC firmChicago, ILPre-seed, SeedAI, Fintech, Healthtech, Industrial TechNew fund, Sep 2026$125M (SEC Form D, 2024)4 Nov 20263 names · Unlock
BewaterVC firmWinnetka, ILAI, Cybersecurity, Gaming, Developer ToolsNew fund, Oct 2026$150M (SEC Form D, 2026)4 Nov 20268 names, firm email · Unlock
Promus VenturesVC firmChicago, ILSeed, Series ADeep Tech, Space, Industrial Tech, MobilityPortfolio news, Sep 2026$203M (SEC Form ADV)5 Nov 2026firm email · Unlock
Sandbox Clinical VenturesVC firmChicago, ILSeed, Series A, Series B, GrowthInsurtech, Healthtech, AI, FintechNew fund, Sep 2026$100M (SEC Form D, 2021)4 Nov 20268 names, firm email · Unlock
Serra CapitalVC firmChampaign, ILSeedAgritech, Food and Beverage, Deep TechNew fund, Oct 2026$150M (SEC Form D, 2024)4 Nov 20268 names, firm email · Unlock
G SquaredVC firmChicago, ILGrowth, Late stageAI, Cybersecurity, Developer Tools, DataNew fund, Jun 2026$1.2B (SEC Form D, 2025)4 Nov 20261 name · Unlock
Nine Four VenturesVC firmChicago, ILPre-seed, Seed, Series AProptech, AI, Fintech, SaaSPortfolio news, Oct 2026$100M (SEC Form D, 2022)5 Nov 20268 names · Unlock
M25VC firmChicago, ILPre-seed, SeedAI, Healthtech, Generalist, FintechNew deal, Sep 2026$50M (SEC Form D, 2022)5 Nov 20268 names · Unlock
Multimodal VenturesVC firmNaperville, ILSeedAI, Robotics, Fintech, SaaSNew fund, Oct 2026$50M (SEC Form D, 2026)4 Nov 20261 name, firm email · Unlock
Alliance Venture CapitalVC firmMorton Grove, ILPre-seed, SeedAI, Healthtech, SaaSNew deal, Oct 2026$40M (SEC Form D, 2024)5 Nov 20268 names, firm email · Unlock
Hyde Park AngelsVC firmDarien, ILSeed, Series AAI, Ecommerce, Fintech, LogisticsPortfolio news, Nov 2026$50M (SEC Form ADV)5 Nov 20265 names · Unlock
Atlas VenturesVC firmChicago, ILSeed, Series A, Series BLogistics, AI, Cybersecurity, Industrial TechNew fund, Sep 2026$23M (SEC Form D, 2026)4 Nov 20263 names · Unlock
LightbankVC firmChicago, ILNew fund, Jul 2026$350M (SEC Form D, 2026)4 Nov 20268 names, firm email · Unlock
FPG AdVC firmChicago, ILNew fund, Aug 2026$48M (SEC Form D, 2023)4 Nov 20263 names · Unlock
Distributed VenturesVC firmChicago, ILSeed, Series AFintech, Insurtech, Healthtech, AINew deal, Jul 2026$90M (SEC Form D, 2021)5 Nov 20265 names, firm email · Unlock
Origin VenturesVC firmChicago, ILSeed, Series AAI, Future of Work, SaaS, MarketplaceNew deal, May 2026$130M (SEC Form D, 2023)5 Nov 20268 names · Unlock
Chingona VenturesVC firmChicago, ILPre-seedAI, Edtech, Fintech, HealthtechNew fund, Jun 2026$53M (SEC Form D, 2021)4 Nov 20263 names · Unlock
Sprig EquityVC firmWilmette, ILGrowth, Late stageHealthtech, MedtechNew fund, Aug 2026$34M (SEC Form D, 2023)5 Nov 20266 names, firm email · Unlock
81 CollectionVC firmChicago, ILGrowthIndustrial TechNew fund, Jun 2026$42M (SEC Form D, 2025)4 Nov 20264 names · Unlock
Barrel VenturesVC firmEvanston, ILSeedFood and Beverage, Logistics, Fintech, AINew fund, May 2026$30M (SEC Form D, 2026)4 Nov 20265 names · Unlock
Capitalize VCVC firmChicago, ILPre-seed, SeedMarketing Tech, AI, Media, FintechPortfolio news, Jun 2026$10M (SEC Form D, 2021)5 Nov 20261 name, firm email · Unlock

You are seeing 25 of 87. The full list adds 62 more firms and 348 named decision-makers.

Get all 87 firms and 348 named contacts, $49

One-time payment. No subscription. No account.

Or get the free sample.

How these 87 break down

By city

CityOn this listShare
Chicago6271%
Winnetka33%
Wilmette22%
Evanston22%
Downers Grove22%

By stage

StageOn this listShare
Pre-Seed1618%
Seed3338%
Series A2023%
Series B89%
Growth1011%

Stage is our research. A firm can back more than one stage.

By sector

SectorOn this listShare
AI3540%
SaaS3237%
Healthtech2529%
Fintech2124%
Industrial Tech1517%
Medtech1214%
Logistics1214%
Consumer1113%
Deep Tech910%
Climate Tech910%
Hardware89%
Robotics89%

Sector is our research. A firm can carry more than one sector.

By type

TypeOn this listShare
VC firm8598%
Fund manager11%
Corporate VC11%

Method and limits

Source
All 87 rows carry an SEC filing (Form D or Form ADV). 59 of the 87 have a website we checked; the other 28 rest on the filing or register entry alone. Filing date and fund size are SEC data where a filing exists. Stage, sector and check size are our research.
Inclusion rule
Organizations that back startups. Individuals, buyout funds and firms we found to be inactive are left out. This list holds VC firms, fund managers and corporate venture arms; accelerators and angel networks are in their own lists. Place: head office in Illinois.
Order
Firms with a published profile come first. Activity score out of 100: recency of the latest fund filing or dated deal (50: full marks within 3 months, then stepping down at 6, 12 and 24 months), size of the fund on file on a log scale (35) and completeness of the public record (15). It is a measure of activity and fit, not of quality or returns.
Last refreshed
November 2026. Rows on this list were checked between 4 Nov 2026 and 6 Nov 2026.
Fill rates
Of 87 rows: stage 48, sector 54, fund size 82, website 59. In the paid file: named decision-makers on 74 rows, firm email on 22, LinkedIn page on 39, check size on 4.
Corrections
Email hello@theinvestordatabase.com or use the update form. We act within 5 working days.

How we verify

Questions

How many VC firms are in Illinois?

We list 87 as of November 2026. 42 of the 87 have a fund filing or a dated deal in the last 12 months. By type: VC firm (85), Fund manager (1) and Corporate VC (1).

Which cities in Illinois have the most VC firms?

Chicago (62), Winnetka (3) and Wilmette (2).

Which Illinois VC funds filed with the SEC in the last 12 months?

28 of the 87 have a fund filing dated in the last 12 months. The most recent on this list are LightX Capital (Nov 2026), Listen Ventures (Oct 2026) and Multimodal Ventures (Oct 2026).

What stages do venture capital firms in Illinois back?

Of the 48 with a stage on file, seed (33), Series A (20) and pre-seed (16). A firm can back more than one stage, and 39 rows have no stage on file yet.

Where does the data on venture capital firms in Illinois come from and how often is it updated?

All 87 rows have an SEC filing on file (Form D or Form ADV). Filing date and fund size come from the filing. Stage, sector and check size are our research. Rows on this list were last checked on 6 Nov 2026 at the latest. The whole file is re-verified twice a year.

Can I download the list of venture capital firms in Illinois as a spreadsheet?

Yes. The file holds all 87 rows in Excel and CSV, with 348 named decision-makers and 22 firm emails, for $49 one-time. 25 rows are free on this page.

Not sure this is the right list? Describe your raise in the investor matching tool and get a shortlist. The link opens it set to Illinois. Guide: new venture funds and capital raised by state. Markdown version of this page.

Check the quality first

A free sample of 100 investors, every column, with sources and dates.

Instant download. We keep your email as a record of the request. Privacy notice.