# Chicago Ventures: portfolio, investments and team

> Chicago Ventures is a vc firm based in United States. 116 investments on record, 8 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/chicago-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Chicago Ventures

Last cheque observed Oct 2026; 116 cheques on record.

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Deploying now New fund $58M, Feb 2022 VC firm

Pre-seed Seed Series A Supply Chain Logistics & Warehousing Healthcare

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Deploying now

**100%** of best year **8** **cheques in 12 months**, 116 on record

Since the last cheque **25** days **00** hrs **00** min **00** sec

Median round **$5.8M** Cheque size, as they say **$500K – $2.5M** Rounds led **5 of 116** Sole investor **12 rounds** Exits **6 from the portfolio** Mostly in **United States, 91%**

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## Chicago Ventures highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Seed and Series A: 66% of its rounds
- 03 Sole investor in 12 rounds, median $4.0M
- 04 6 exits from the portfolio

## What they do

> Chicago Ventures leads seed investments in overlooked teams. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $2.5M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Supply Chain Logistics & Warehousing Healthcare
- **Based in:** Chicago, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **116 appearances**

- **2026** 5 rounds
- **Oct** **[pubX](https://millionrounds.com/company/pubx)** Series A · GB · Google News search **$5.0M** *Led*
- **Sept** **[BlueArc.ai](https://millionrounds.com/company/bluearc-ai)** Pre-seed **$2.5M** Sole investor
- **Jul** **[Guthrie AI](https://millionrounds.com/company/guthrie-ai)** Seed · US · TechStartups **$4.0M** *Led*
- **May** **[InstaSwitch](https://millionrounds.com/company/instaswitch)** Seed · US **$4.7M** With 2 others
- **Mar** **[Intelligent Legal Solutions](https://millionrounds.com/company/intelligent-legal-solutions)** Seed · GB **$3.0M** Sole investor
- **2025** 6 rounds
- **Dec** **[Prisidio](https://millionrounds.com/company/prisidio)** Venture · US **$14M** With 1 other
- **Dec** **[mayk](https://millionrounds.com/company/mayk)** Venture · US **Undisclosed** With 4 others
- **Nov** **[Annie Labs](https://millionrounds.com/company/annie-labs)** Seed · US **$4.0M** Sole investor
- **Sept** **[GreenLite Technologies](https://millionrounds.com/company/greenlite-technologies)** Series B · US **$50M** With 2 others
- **Aug** **[GoodShip](https://millionrounds.com/company/goodship)** Series B · US · TechStartups **$25M** With 6 others
- **Mar** **[Entegrata](https://millionrounds.com/company/entegrata)** Seed · US **$4.5M** With 1 other
- **2024** 3 rounds
- **Jul** **[FranShares](https://millionrounds.com/company/franshares)** Seed · US **$4.1M** Sole investor
- **May** **[Aeropay](https://millionrounds.com/company/aeropay)** Series B · US **$20M** Sole investor
- **Feb** **[Dina](https://millionrounds.com/company/dina)** Series B · US **$7.0M** With 2 others
- **2023** 5 rounds
- **Nov** **[BlueTape](https://millionrounds.com/company/bluetape)** Venture · US **Undisclosed** With 2 others
- **Jul** **[Part3](https://millionrounds.com/company/part3)** Seed · CA **$2.1M** Sole investor
- **Jun** **[Copilot](https://millionrounds.com/company/copilot)** Series A · US **$23M** With 1 other
- **May** **[CognitOps](https://millionrounds.com/company/cognitops)** Venture · US **$3.1M** With 3 others
- **Apr** **[Prisidio](https://millionrounds.com/company/prisidio)** Seed · US **$3.5M** With 2 others
- **2022** 5 rounds
- **Dec** **[Mezo](https://millionrounds.com/company/mezo)** Seed · US **$6.0M** Sole investor
- **Jun** **[Meritize](https://millionrounds.com/company/meritize)** Venture · US **Undisclosed** With 1 other
- **Apr** **[Olive](https://millionrounds.com/company/olive)** Seed · US **$3.0M** With 3 others
- **Apr** **[Ender](https://millionrounds.com/company/ender)** Seed · US **$5.5M** With 4 others
- **Mar** **[Protégé](https://millionrounds.com/company/protege-2)** Seed **$8.5M** With 2 others
- **2021** 8 rounds
- **Oct** **[Ureeka](https://millionrounds.com/company/ureeka)** Series A · US **$8.2M** With 4 others
- **Sept** **[WiderCircle](https://millionrounds.com/company/widercircle)** Series B · US **$38M** Sole investor
- **Aug** **[Wise Apple](https://millionrounds.com/company/wise-apple)** Venture · US **$190K** With 5 others
- **Aug** **[andros](https://millionrounds.com/company/andros)** Series B · US **$13M** With 3 others
- **Aug** **[Quake Media](https://millionrounds.com/company/quake-media)** Seed · US **$3.5M** With 1 other
- **Jul** **[Veryable](https://millionrounds.com/company/veryable)** Series A · US **$32M** Sole investor
- **Mar** **[Shopflix](https://millionrounds.com/company/shopflix)** Pre-seed **$1.6M** With 1 other
- **Feb** **[BloomNation](https://millionrounds.com/company/bloomnation)** Series B **$11M** With 4 others
- **2020** 2 rounds
- **May** **[Tock](https://millionrounds.com/company/tock)** Series C **$10M** With 3 others
- **Jan** **[Heretik](https://millionrounds.com/company/heretik)** Venture **Undisclosed** With 3 others
- **2019** 8 rounds
- **Oct** **[PreFix](https://millionrounds.com/company/prefix)** Seed · US · Siliconhillsnews **$2.7M** *Led*
- **Oct** **[NOCD](https://millionrounds.com/company/nocd)** Series A · US · FinSMEs **$4.0M** *Led*
- **Sept** **[Forager](https://millionrounds.com/company/forager)** US · Americaninno **$3.3M** *Led*
- **Aug** **[Infinite io](https://millionrounds.com/company/infinite-io)** Venture **Undisclosed** With 1 other
- **Jun** **[Sunbit](https://millionrounds.com/company/sunbit)** Series B · US · FinSMEs **$26M** With 2 others
- **Jun** **[Troops](https://millionrounds.com/company/troops)** Series B · US · TechCrunch **$12M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

KW **Kevin Willer** MANAGER OF GENERAL PARTNER i Filing they signed

RC **Rob Chesney** Manager i Filing they signed

RG **Robert George Chesney** Manager i Form ADV

SL **Stuart Larkins** MANAGER OF GENERAL PARTNER i Filing they signed

We also hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$423M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Chicago Ventures Fund Management, LLC
- **SEC number:** CRD 321050

## Exits from the portfolio

Companies it backed that were later bought or listed **6 in all**

**[Dónde](https://millionrounds.com/company/donde)** Bought by Mobify **Undisclosed** Dec 2015

**[Zipments](https://millionrounds.com/company/zipments)** Bought by Deliv **Undisclosed** Nov 2015

**[Rocketmiles](https://millionrounds.com/company/rocketmiles)** Bought by Priceline **$20M** Feb 2015

**[MdotLabs](https://millionrounds.com/company/mdotlabs)** Bought by [comScore](https://millionrounds.com/fund/comscore) **Undisclosed** Aug 2014

**[Power2Switch](https://millionrounds.com/company/power2switch)** Bought by Choose Energy **Undisclosed** Sept 2013

**[Cartavi](https://millionrounds.com/company/cartavi)** Bought by [DocuSign](https://millionrounds.com/fund/docusign-ventures) **Undisclosed** May 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$58M**

raised in Feb 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$5.8M** the round, not its cheque Alone, median **$4.0M**

Led 5 of 116 rounds **4%**

- **Said size:** $500K – $2.5M
- **Sole investor:** 12 rounds
- **Last cheque:** Oct 2026
- **Exits:** 6 from the portfolio

Rounds by stage said on their site

- Seed said *38*
- Series A said *33*
- Venture *19*
- Series B said *15*
- Pre-seed said *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Pritzker Group](https://millionrounds.com/fund/pritzker-group) 15
- [Lakewest Venture Partners](https://millionrounds.com/fund/lakewest-inc) 12
- [Corazon Capital](https://millionrounds.com/fund/corazon-capital) 11
- [FireStarter Fund](https://millionrounds.com/fund/firestarter-fund) 9
- [Hyde Park Venture Partners](https://millionrounds.com/fund/hyde-park-venture-partners) 9
- [OCA Ventures](https://millionrounds.com/fund/oca-ventures) 7

**Pitching Chicago Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Chicago Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Pritzker Group** Private equity **15** rounds together](https://millionrounds.com/fund/pritzker-group)[**Lakewest Venture Partners** VC firm **12** rounds together](https://millionrounds.com/fund/lakewest-inc)[**Corazon Capital** VC firm **11** rounds together](https://millionrounds.com/fund/corazon-capital)[**FireStarter Fund** VC firm **9** rounds together](https://millionrounds.com/fund/firestarter-fund)[**Hyde Park Venture Partners** VC firm **9** rounds together](https://millionrounds.com/fund/hyde-park-venture-partners)[**OCA Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/oca-ventures)[**Origin Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/origin-ventures)[**500 Global** Angel **5** rounds together](https://millionrounds.com/fund/500-startups)[**Great Oaks Venture Capital** VC firm **5** rounds together](https://millionrounds.com/fund/great-oaks-venture-capital)[**Greycroft** VC firm **5** rounds together](https://millionrounds.com/fund/greycroft)[**Hyde Park Angels** Angel network **5** rounds together](https://millionrounds.com/fund/hyde-park-angels)[**KGC Capital** VC firm **5** rounds together](https://millionrounds.com/fund/kgc-capital)

## Recently backed

The latest companies Chicago Ventures put money into.

[**pubX** $5.0M · Oct 2026](https://millionrounds.com/company/pubx)[**Guthrie AI** $4.0M · Jul 2026](https://millionrounds.com/company/guthrie-ai)[**InstaSwitch** $4.7M · May 2026](https://millionrounds.com/company/instaswitch)[**Intelligent Legal Solutions** $3.0M · Mar 2026](https://millionrounds.com/company/intelligent-legal-solutions)[**Prisidio** $14M · Dec 2025](https://millionrounds.com/company/prisidio)[**GoodShip** $25M · Aug 2025](https://millionrounds.com/company/goodship)

## On podcasts

1 episode naming Chicago Ventures in the title, and 3 more that mention it.

- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 17 Aug 2015 · 28 min 20 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures With [Ezra Galston](https://millionrounds.com/person/ezra-galston) Mentions [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) Apple PodcastsShow page

### Mentioned in

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 13 May 2019 · 30 min SaaStr 233: G2 Founder & CEO, Godard Abel on How To Set Ambitious But Achievable Sales Rep Quotas & The Lessons From 2 Successful Exits on The Breaking Points In The Scaling of SaaS Orgs Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 16 Sept 2016 · 27 min 106. Underserved Startup Ecosystems, Part 2 (Stuart Larkins & Ezra Galston) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 15 Sept 2016 · 35 min 105. Underserved Startup Ecosystems, Part 1 (Stuart Larkins & Ezra Galston) Apple PodcastsShow page

## Quick answers about Chicago Ventures

### What does Chicago Ventures invest in?

Chicago Ventures invests most often at Seed and Series A (66% of the rounds on record), in sectors such as Supply Chain, Logistics & Warehousing and Healthcare.

### How active is Chicago Ventures?

116 investments on record, 8 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.

### What has Chicago Ventures invested in recently?

Its most recent investments on record: pubX (Series A, Oct 2026), BlueArc.ai (Pre-seed, Sept 2026) and Guthrie AI (Seed, Jul 2026).

### How big are Chicago Ventures's cheques?

The median round it joins is $5.8M. It says it writes cheques of $500K to $2.5M.

### Does Chicago Ventures lead rounds?

Sometimes: it led 5 of its 116 investments on record (4%).

### Where does Chicago Ventures invest?

Most of the companies it backs are in the United States (91%) and the United Kingdom (6%).

### Is Chicago Ventures investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Chicago Ventures invest alongside?

Most often Pritzker Group (15 rounds together), Lakewest Venture Partners (12 rounds together) and Corazon Capital (11 rounds together).

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