United States · Investor

Illinois Ventures

Last cheque observed Feb 2026; 24 cheques on record.

Deploying nowNew fund $24M, Oct 2024Government

Pre-seedSeedSeries ADeep_techBiotechAgtech

Deploying now
100%of best year1cheques in 12 months, 24 on record
Since the last cheque270days00hrs00min00sec
Median round$10MRounds led0 of 24Sole investor1 roundsExits3 from the portfolioMostly inUnited States, 100%
Pitch Illinois Ventures

Illinois Ventures highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series A and Seed: 59% of its rounds

  3. 03

    Sole investor in 1 rounds, median $100K

  4. 04

    3 exits from the portfolio

What they do

Seed and Series A investments in a variety of Deep Tech SectorsFrom their own website
Type
Government (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries BGrowthPre-IPO
Sectors
Deep_techBiotechAgtech
Based in
Chicago, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first24 appearances

  1. 2026

    1 round

  2. Feb
    Samara AerospaceSeed · US · Monte Carlo Capital$10MWith 3 others
  3. 2015

    2 rounds

  4. Feb
    PersioSeries A · US$2.5MWith 4 others
  5. Jan
    ChromatinSeries F · US$12MWith 1 other
  6. 2014

    3 rounds

  7. Dec
    RevenewVenture · US$2.6MWith 3 others
  8. Sept
    RithmioSeed · US$650KWith 5 others
  9. Jan
    ChromatinSeries E · US$36MWith 3 others
  10. 2013

    4 rounds

  11. Nov
    Phi OpticsSeed · US · finsmes.com$250KWith 2 others
  12. Oct
    RevenewSeries B · US · finsmes.com$5.0MWith 2 others
  13. Oct
    PersioSeries A · US · finsmes.com$3.0MWith 5 others
  14. Mar
    ShareThisSeries C · US · allthingsd.com$23MWith 7 others
  15. 2012

    1 round

  16. May
    Adrenaline MobilitySeed · US$100KSole investor
  17. 2011

    5 rounds

  18. Oct
    ChromatinSeries D · US · finsmes.com$10MWith 3 others
  19. Aug
    Personify IncSeries A · US · fis.dowjones.com$2.0MWith 2 others
  20. Jul
    CatervaSeed · US · news.yahoo.com$1.2MWith 2 others
  21. Jun
    SempriusSeries C · US · finsmes.com$20MWith 5 others
  22. Mar
    Local Offer NetworkSeries A · US · localoffernetwork.com$1.5MWith 1 other
  23. 2009

    1 round

  24. Jun
    SempriusSeries B · US · greentechmedia.com$6.4MWith 5 others
  25. 2008

    2 rounds

  26. Nov
    TetraVitae BioscienceSeries A · US$6.3MWith 2 others
  27. Jan
    RiverGlass, Inc.Venture · US · venturebeat.com$2.4MWith 2 others
  28. 2007

    4 rounds

  29. Jul
    SempriusSeries A · US · semprius.com$4.1MWith 3 others
  30. Feb
    RiverGlass, Inc.Series B · US · riverglassinc.com$4.0MWith 3 others
  31. Jan
    Radio One LlamaSeries A · US · en.wikipedia.org$1.0MWith 1 other
  32. Jan
    ShareThisSeries A · US · techcrunch.com$6.0MWith 4 others
  33. 2005

    1 round

  34. Apr
    MOBITRACVenture · US · thefreelibrary.com$8.3MWith 4 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 registration5 named

DPDeborah PaulDirectoriFiling they signed
DHDennis HeschDirectoriFiling they signed
MTMichael TokarzDirectoriFiling they signed
NSNancy SullivanManaging PrincipaliFiling they signed
TLTodd LillibridgeDirectoriFiling they signed

We also hold 19 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 they claim to have backed

From their own portfolio page (on their website)

32 of 54 we have independently watched raise

Actuate TherapeuticsAmber AgricultureAptimmuneCadenza BioCast21ClimecastCoologicsCranioSenseEarthSenseEden Park IlluminationExcelsior SciencesInventablesNatrionNetwork PerceptionOcientPetrichorPhi OpticsPhoton QueuePhotonicarePsyonicReconstructRevolution MedicinesSamara AerospaceSenex BiotechnologyShareThisSkyryseTiesta TeaTop Tier LessonsVanquish OncologyVedaBioWorktrace AIcystetic MedicinesApriorityAscent Integrated TechAuvi LabsBYLD InnovationsBeyond Barriers TherapeuticsBrink BiologicsCampus InkDeepWalkFirstIgniteIntegrated DynamicsKeywiseAIMadison ScientificMesh++Pathlit.AIRectangleResolv CryptoRetMapRevivio TherapeuticsSakura MedTechSerionixSiloam VisionTandemn

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed3 in all

Local Offer NetworkBought by Catalina MarketingUndisclosedOct 2013
MOBITRACBought by TrackXUndisclosedSept 2006

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

Who they invest alongside

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

Recently backed

The latest companies Illinois Ventures put money into.

Quick answers about Illinois Ventures

What does Illinois Ventures invest in?

Illinois Ventures invests most often at Series A and Seed (59% of the rounds on record), in sectors such as Deep_tech, Biotech and Agtech.

How active is Illinois Ventures?

24 investments on record, 1 of them in the last 12 months. The most recent was in Feb 2026.

What has Illinois Ventures invested in recently?

Its most recent investments on record: Samara Aerospace (Seed, Feb 2026).

How big are Illinois Ventures's cheques?

The median round it joins is $10M.

Does Illinois Ventures lead rounds?

Rarely, if at all: none of its 24 investments on record names it as the lead.

Where does Illinois Ventures invest?

Most of the companies it backs are in the United States (100%).

Is Illinois Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does Illinois Ventures invest alongside?

Most often RPM Ventures (5 rounds together), Serra Ventures (5 rounds together) and ARCH Venture Partners (3 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it