Illinois Ventures Overview
- Investor Type
-
Venture Capital
- Status
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Active
- Professionals
-
4
- Investments
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148
- Portfolio
-
50
- Exits
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74
Illinois Ventures General Information
Company Description
Founded in 2000, Illinois Ventures is a venture capital investment firm based in Chicago, Illinois. The firm seeks to invest in seed-stage, early-stage, and later-stage companies. The firm seeks to invest in research-derived companies in information technologies, artificial intelligence, cancer therapeutics, engineering, physical sciences, ag tech, deep tech, and life sciences. The firm helps to start and build businesses based on innovations from the University of Illinois.
Business Details
Website
www.illinoisventures.comYear Founded
Investor Status
Primary Investor Type
Corporate Office
- 200 South Wacker Drive
- 20th Floor
- Chicago, IL 60606
- United States
Illinois Ventures Investments (148)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Auvi Labs | 06-Nov-2026 | Early Stage VC | Diagnostic Equipment | Startup | ||
| Photon Queue | 21-Jul-2026 | Computers, Parts and Peripherals | Generating Revenue | |||
| Madison Scientific | 14-Jul-2026 | Therapeutic Devices | Generating Revenue | |||
| Syntax Bio | 21-Jun-2026 | Drug Discovery | Pre-Clinical Trials | |||
| Auvi Labs | 19-Jun-2026 | Diagnostic Equipment | Startup | |||
| CranioSense | 01-May-2026 | Diagnostic Equipment | Generating Revenue | |||
| Archean Sciences | 23-Apr-2026 | Biotechnology | Startup | |||
| Excelsior Sciences | 03-Dec-2025 | Other Commercial Services | Startup | |||
| FemtoVox | 20-Nov-2025 | Seed Round | Surgical Devices | Startup | ||
| Samara Aerospace | 14-Nov-2025 | Seed Round | Aerospace and Defense | Generating Revenue |
Illinois Ventures Exits (74)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Phi Optics | 01-Jul-2026 | Secondary Transaction - Private | |
| Reconstruct | 01-Jul-2026 | ||
| Tiesta Tea | 01-Mar-2026 | ||
| FirstIgnite | 05-Feb-2026 | ||
| Eden Park Illumination | 06-Jan-2026 | ||
| ClimeCast | 18-Aug-2025 | ||
| Revivo Therapeutics | 22-Mar-2025 | ||
| GrayKea | 09-Oct-2024 | ||
| Network Perception | 01-Sep-2024 | Merger/Acquisition | |
| Actuate Therapeutics | 12-Aug-2024 | IPO |
Illinois Ventures Fund Performance
| Fund Name | Vintage | Size | Dry Powder | DPI | RVPI | TVPI | IRR |
|---|
Illinois Ventures Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Illinois Ventures Co-Investors (161)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Illini Angels | 5 |
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| Heinz Ventures |
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| Illinois Department of Commerce and Economic Opportunity |
|
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| Deerfield Management |
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| Techstars |
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Illinois Ventures Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Illini Angels | Champaign, IL | 2023 |
Illinois Ventures FAQs
-
What is Illinois Ventures?
Founded in 2000, Illinois Ventures is a venture capital investment firm based in Chicago, Illinois.
-
When was Illinois Ventures founded?
Illinois Ventures was founded in 2000.
-
Where is Illinois Ventures headquartered?
Illinois Ventures is headquartered in Chicago, IL.
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How many investments has Illinois Ventures made?
Illinois Ventures has made 148 investments.
-
What has Illinois Ventures invested in?
Illinois Ventures has made numerous investments in companies like Auvi Labs, Photon Queue, and Madison Scientific within the Diagnostic Equipment, Computers, Parts and Peripherals, and Therapeutic Devices industries.
-
What has Illinois Ventures invested in recently?
Illinois Ventures's latest investment was on 06-Nov-2026 in Auvi Labs, a company within the Diagnostic Equipment industry.
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