Top 13 Venture Capital Firms in Chicago [2024]

If you’re seeking a way to sneak into a robust and diverse ecosystem of venture capital in Chicago, you’re in the right place. Taking the fifth seat in VC funding across US cities, Chicago stands out as a hub for fintech, commerce, and various other areas. 

  • With more than $6B in VC funds poured in 2023 alone, Chicago is buzzing with investment opportunities for startups. 

To illustrate, Invenergy secured over $1B in funding, Fly.io raised $95M through two rounds in total, and NanoGraf Corporation attracted more than $65M in the Series B round. 

  • Like New York, Chicago boasts an impressive corporate landscape, home to many Fortune 500 companies that can offer mentorship, partnership, and networking to founders. 

Given the current tailwind, the chances to break into this thriving VC arena are really high. And we’ve got the roadmap to help you begin. Explore our carefully selected list of the top 13 venture capital firms in Chicago with all the essential details like funding stages, investment focus and count, and contact information for you to find a perfect investor match and fundraise successfully. 

New Stack Ventures
73 investments
Focus:
  • AI & Deep Tech
  • Advertising & Marketing
  • +29
Stage:
  • Pre-Seed
  • Seed
  • +2
Check:
  • $0-$100K
  • $100K-$500K
  • +2
ARCH Venture Partners
502 investments
Focus:
  • AI & Deep Tech
  • Advertising & Marketing
  • +17
Stage:
  • Seed
  • Series A
  • +3
Check:
  • $100K-$500K
  • $500K-$1M
  • +2
Origin Ventures
120 investments
Focus:
  • AI & Deep Tech
  • Pharma
  • +23
Stage:
  • Seed
  • Series A
  • +1
Check:
  • $500K-$1M
  • $1M-$3M
  • +1
Lightbank
201 investments
Focus:
  • AI & Deep Tech
  • Advertising & Marketing
  • +31
Stage:
  • Pre-Seed
  • Seed
  • +2
Check:
  • $500K-$1M
  • $1M-$3M
  • +1
OCA Ventures
171 investments
Focus:
  • AI & Deep Tech
  • Advertising & Marketing
  • +25
Stage:
  • Seed
  • Series A
  • +3
Check:
  • $1M-$3M
  • $3M-$10M
Hyde Park Venture Partners
178 investments
Focus:
  • AI & Deep Tech
  • Advertising & Marketing
  • +25
Stage:
  • Pre-Seed
  • Seed
  • +3
Chicago Ventures
168 investments
Focus:
  • AI & Deep Tech
  • Advertising & Marketing
  • +24
Stage:
  • Seed
  • Series A
  • +2
Stella Capital
27 investments
Focus:
  • Food & Beverage
  • Consumer Goods & Electronics
  • +9
Stage:
  • Seed
  • Series A
  • +3
Check:
  • $10M-$50M
  • $100K-$500K
CIVC Partners
34 investments
Focus:
  • Fintech & Financial services
  • Software & Apps
  • +3
Stage:
  • Private Equity Round
Jump Capital
155 investments
Focus:
  • Social media
  • AI & Deep Tech
  • +6
Stage:
  • Pre-Seed
  • Seed
  • +3
Check:
  • $10M-$50M
  • $3M-$10M
  • +1
Sandbox Industries
93 investments
Focus:
  • Fintech & Financial services
  • Social media
  • +8
Stage:
  • Series A
  • Series B
  • +4
Check:
  • $1M-$3M
  • $10M-$50M
  • +1
Adams Street Partners
245 investments
Focus:
  • Biotech
  • Healthtech & Wellness
  • +10
Stage:
  • Series B
  • Series C+
Check:
  • $10M-$50M
  • Over $50M
First Analysis
95 investments
Focus:
  • Software & Apps
  • Pharma
  • +4
Stage:
  • Series A
  • Series B
  • +3
Check:
  • $10M-$50M
  • $3M-$10M
  • +1
Don’t know how to secure your Chicago startup funding? Check our fundraising support services
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Related read:

Wrapping up

Chicago shines bright on investors’ radars, and its future looks bright and promising. With a diverse suite of industries represented, from biotech and healthcare to fintech and commerce, Chicago serves as a fertile ground for entrepreneurs seeking funding and mentorship.

Ready to embark on your investor hunt? Let our expert investor targeting & outreach and pitch deck design services be your strategic armor. We’re here to help you find the most suitable Chicago VC firm, create a compelling investment story, and raise your next funding round seamlessly.

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Ruslana

Content Writer

Hi, I’m Ruslana—Waveup’s senior content writer with six years of professional writing under my belt and two years laser-focused on venture funding, pitch decks, and startup strategy. I pair content writing with ongoing training in SEO, market research, and investment analysis to turn complex business data into clear, founder-friendly guides.