---
title: "87 Venture Capital Firms in Illinois (Nov 2026): Top 10 Ranked"
last_updated: "2026-11-06"
rows: "87"
free_rows: "25"
source: "SEC filings"
canonical: "https://theinvestordatabase.com/lists/venture-capital-firms-in-illinois/"
---

# 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).

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

## First 25 of 87 venture capital firms in Illinois

| Investor | Type | HQ | Stages (our research) | Focus (our research) | Latest fund or deal | Fund size | Checked | Profile |
|---|---|---|---|---|---|---|---|---|
| ARCH Venture Partners | VC firm | Chicago, IL | Pre-seed, Seed | Biotech, Healthtech, Deep Tech | New fund, Aug 2026 | $3.0B (SEC Form D, 2024) | 2026-11-04 | https://theinvestordatabase.com/investors/arch-venture-partners/ |
| Jump Capital | VC firm | Chicago, IL | Seed, Series A | AI, Cybersecurity, Fintech, SaaS | New deal, Oct 2026 | $456M (SEC Form ADV) | 2026-11-05 | https://theinvestordatabase.com/investors/jump-capital/ |
| Energize Ventures | VC firm | Chicago, IL | Series A, Series B, Growth, Any stage | Energy, AI, Industrial Tech, Climate Tech | New deal, Sep 2026 | $328M (SEC Form D, 2020) | 2026-11-05 | https://theinvestordatabase.com/investors/energize-ventures/ |
| 7wire Ventures | VC firm | Chicago, IL | Seed | Healthtech, AI, Medtech, SaaS | New fund, Oct 2026 | $300M (SEC Form D, 2022) | 2026-11-04 | https://theinvestordatabase.com/investors/7wire-ventures/ |
| New Stack | VC firm | Chicago, IL | Pre-seed, Seed | AI, Fintech, Healthtech, Industrial Tech | New fund, Sep 2026 | $125M (SEC Form D, 2024) | 2026-11-04 | https://theinvestordatabase.com/investors/new-stack/ |
| Bewater | VC firm | Winnetka, IL |  | AI, Cybersecurity, Gaming, Developer Tools | New fund, Oct 2026 | $150M (SEC Form D, 2026) | 2026-11-04 | https://theinvestordatabase.com/investors/bewater/ |
| Promus Ventures | VC firm | Chicago, IL | Seed, Series A | Deep Tech, Space, Industrial Tech, Mobility | Portfolio news, Sep 2026 | $203M (SEC Form ADV) | 2026-11-05 | https://theinvestordatabase.com/investors/orbital-ventures/ |
| Sandbox Clinical Ventures | VC firm | Chicago, IL | Seed, Series A, Series B, Growth | Insurtech, Healthtech, AI, Fintech | New fund, Sep 2026 | $100M (SEC Form D, 2021) | 2026-11-04 | https://theinvestordatabase.com/investors/sandbox-clinical-ventures/ |
| Serra Capital | VC firm | Champaign, IL | Seed | Agritech, Food and Beverage, Deep Tech | New fund, Oct 2026 | $150M (SEC Form D, 2024) | 2026-11-04 | https://theinvestordatabase.com/investors/serra-capital/ |
| G Squared | VC firm | Chicago, IL | Growth, Late stage | AI, Cybersecurity, Developer Tools, Data | New fund, Jun 2026 | $1.2B (SEC Form D, 2025) | 2026-11-04 | https://theinvestordatabase.com/investors/g-squared/ |
| Nine Four Ventures | VC firm | Chicago, IL | Pre-seed, Seed, Series A | Proptech, AI, Fintech, SaaS | Portfolio news, Oct 2026 | $100M (SEC Form D, 2022) | 2026-11-05 | https://theinvestordatabase.com/investors/nine-four-ventures/ |
| M25 | VC firm | Chicago, IL | Pre-seed, Seed | AI, Healthtech, Generalist, Fintech | New deal, Sep 2026 | $50M (SEC Form D, 2022) | 2026-11-05 | https://theinvestordatabase.com/investors/m25/ |
| Multimodal Ventures | VC firm | Naperville, IL | Seed | AI, Robotics, Fintech, SaaS | New fund, Oct 2026 | $50M (SEC Form D, 2026) | 2026-11-04 | https://theinvestordatabase.com/investors/multimodal-ventures/ |
| Alliance Venture Capital | VC firm | Morton Grove, IL | Pre-seed, Seed | AI, Healthtech, SaaS | New deal, Oct 2026 | $40M (SEC Form D, 2024) | 2026-11-05 | https://theinvestordatabase.com/investors/alliance-venture-capital/ |
| Hyde Park Angels | VC firm | Darien, IL | Seed, Series A | AI, Ecommerce, Fintech, Logistics | Portfolio news, Nov 2026 | $50M (SEC Form ADV) | 2026-11-05 | https://theinvestordatabase.com/investors/hyde-park-angels/ |
| Atlas Ventures | VC firm | Chicago, IL | Seed, Series A, Series B | Logistics, AI, Cybersecurity, Industrial Tech | New fund, Sep 2026 | $23M (SEC Form D, 2026) | 2026-11-04 | https://theinvestordatabase.com/investors/atlas-ventures/ |
| Lightbank | VC firm | Chicago, IL |  |  | New fund, Jul 2026 | $350M (SEC Form D, 2026) | 2026-11-04 | https://theinvestordatabase.com/investors/jcdp-8/ |
| FPG Ad | VC firm | Chicago, IL |  |  | New fund, Aug 2026 | $48M (SEC Form D, 2023) | 2026-11-04 | https://theinvestordatabase.com/investors/fpg-ad/ |
| Distributed Ventures | VC firm | Chicago, IL | Seed, Series A | Fintech, Insurtech, Healthtech, AI | New deal, Jul 2026 | $90M (SEC Form D, 2021) | 2026-11-05 | https://theinvestordatabase.com/investors/distributed-ventures/ |
| Origin Ventures | VC firm | Chicago, IL | Seed, Series A | AI, Future of Work, SaaS, Marketplace | New deal, May 2026 | $130M (SEC Form D, 2023) | 2026-11-05 | https://theinvestordatabase.com/investors/origin-ventures/ |
| Chingona Ventures | VC firm | Chicago, IL | Pre-seed | AI, Edtech, Fintech, Healthtech | New fund, Jun 2026 | $53M (SEC Form D, 2021) | 2026-11-04 | https://theinvestordatabase.com/investors/chingona-ventures/ |
| Sprig Equity | VC firm | Wilmette, IL | Growth, Late stage | Healthtech, Medtech | New fund, Aug 2026 | $34M (SEC Form D, 2023) | 2026-11-05 | https://theinvestordatabase.com/investors/sprig-equity/ |
| 81 Collection | VC firm | Chicago, IL | Growth | Industrial Tech | New fund, Jun 2026 | $42M (SEC Form D, 2025) | 2026-11-04 | https://theinvestordatabase.com/investors/81-collection/ |
| Barrel Ventures | VC firm | Evanston, IL | Seed | Food and Beverage, Logistics, Fintech, AI | New fund, May 2026 | $30M (SEC Form D, 2026) | 2026-11-04 | https://theinvestordatabase.com/investors/barrel-ventures/ |
| Capitalize VC | VC firm | Chicago, IL | Pre-seed, Seed | Marketing Tech, AI, Media, Fintech | Portfolio news, Jun 2026 | $10M (SEC Form D, 2021) | 2026-11-05 | https://theinvestordatabase.com/investors/capitalize-vc/ |

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: https://theinvestordatabase.com/buy/list/venture-capital-firms-in-illinois
This page: https://theinvestordatabase.com/lists/venture-capital-firms-in-illinois/

## 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: 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.
- 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.

## 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.