# Investors based in Chicago (2026 list)

> 1,252 investors based in Chicago, 7% active in the last 12 months. Led by Alumni Ventures, ARCH Venture Partners, Valor Equity Partners.

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

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Chicago

Updated 27 October 2026

Firms with an address in Chicago. A head office is a fact about the firm; where it invests is on its own page.

[See all 1,252 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-chicago)The top 25

**1,252** investors on the list No change this week

**755** cheques in 12 months *+1%* against the market

**$11M** median round they joined *+43%* against the market median

**7%** wrote a cheque in 12 months

**5%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (20)

- 1 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,595** **$11M** median round **Oct 2026** last seen
- 2 [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) *Deploying now* VC firm · United States **337** **$74M** median round **Oct 2026** last seen
- 3 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) *Deploying now* VC firm · United States **259** **$50M** median round **Oct 2026** last seen
- 4 [Lightbank](https://millionrounds.com/fund/lightbank) *Deploying now* VC firm · United States **205** **$5.7M** median round **Oct 2026** last seen
- 5 [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) *Deploying now* VC firm · United States **188** **$70M** median round **Oct 2026** last seen
- 6 [CMT Digital](https://millionrounds.com/fund/cmt-digital) *Deploying now* VC firm · United States **154** **$6.9M** median round **Oct 2026** last seen
- 7 [Pritzker Group](https://millionrounds.com/fund/pritzker-group) quiet Private equity · United States **145** **$17M** median round **Jul 2025** last seen
- 8 [Hyde Park Venture Partners](https://millionrounds.com/fund/hyde-park-venture-partners) *Deploying now* VC firm · United States **132** **$5.5M** median round **May 2026** last seen
- 9 [Jump Capital](https://millionrounds.com/fund/jump-capital) *Deploying now* VC firm · United States **128** **$11M** median round **Oct 2026** last seen
- 10 [Promus Ventures](https://millionrounds.com/fund/promus-ventures) *Deploying now* VC firm · United States **123** **$20M** median round **Sept 2026** last seen
- 11 [Chicago Ventures](https://millionrounds.com/fund/chicago-ventures) *Deploying now* VC firm · United States **115** **$5.9M** median round **Sept 2026** last seen
- 12 [M25](https://millionrounds.com/fund/m25) *Deploying now* VC firm · United States **115** **$2.2M** median round **Sept 2026** last seen
- 13 [Second Century Ventures](https://millionrounds.com/fund/second-century-ventures) *Deploying now* Corporate VC · United States **103** **$4.4M** median round **Jul 2026** last seen
- 14 [S2G Investments](https://millionrounds.com/fund/s2g-investments) *Deploying now* Growth equity · United States **102** **$16M** median round **Oct 2026** last seen
- 15 [Origin Ventures](https://millionrounds.com/fund/origin-ventures) *Deploying now* VC firm · United States **93** **$7.5M** median round **Oct 2026** last seen
- 16 [Corazon Capital](https://millionrounds.com/fund/corazon-capital) *Deploying now* VC firm · United States **81** **$5.7M** median round **Sept 2026** last seen
- 17 [IrishAngels](https://millionrounds.com/fund/irishangels) *Deploying now* Angel network · United States **78** **$3M** median round **Apr 2026** last seen
- 18 [OCA Ventures](https://millionrounds.com/fund/oca-ventures) quiet VC firm · United States **73** **$4.1M** median round **Nov 2019** last seen
- 19 [JK&B Capital](https://millionrounds.com/fund/jk-and-b-capital) quiet VC firm · United States **65** **$30M** median round **Feb 2017** last seen
- 20 [Hyde Park Angels](https://millionrounds.com/fund/hyde-park-angels) quiet Angel network · United States **64** **$15M** median round **Jan 2024** last seen
- 21 [Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) *Deploying now* VC firm · United States **64** **$13M** median round **Oct 2026** last seen
- 22 [Motorola Solutions Venture Capital](https://millionrounds.com/fund/motorola-solutions-venture-capital) *Deploying now* Corporate VC · United States **60** **$58M** median round **Jul 2026** last seen
- 23 [Blue Owl](https://millionrounds.com/fund/blue-owl) *Deploying now* Asset manager · United States **59** **$189M** median round **Oct 2026** last seen
- 24 [Cleveland Avenue](https://millionrounds.com/fund/cleveland-avenue) *Deploying now* VC firm · United States **54** **$4.5M** median round **Sept 2026** last seen
- 25 [Healthbox](https://millionrounds.com/fund/healthbox) dormant Accelerator · United States **54** **$5.7M** median round **Jan 2018** last seen

**1,227 more on this list**

Login free to see all 1,252, filter by stage, sector and market, and keep the ones that fit.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-chicago)

## The Newest Cheques

Rounds this list's investors joined most recently

- **25** Oct **[Polygrade](https://millionrounds.com/company/polygrade)** $6.3M *With* [Nine Four Ventures](https://millionrounds.com/fund/nine-four-ventures)
- **24** Oct **[Wilde](https://millionrounds.com/company/wilde)** Growth · $40M *Led by* [S2G Investments](https://millionrounds.com/fund/s2g-investments)
- **23** Oct **[Zai Lab](https://millionrounds.com/company/zai-lab)** Other · $250M *With* [Balyasny Asset Management L.p.](https://millionrounds.com/fund/balyasny-asset-management-2)
- **23** Oct **[Formic](https://millionrounds.com/company/formic)** Series B · $50M *With* [S2G Investments](https://millionrounds.com/fund/s2g-investments)
- **22** Oct **[Maxinsights](https://millionrounds.com/company/maxinsights)** Seed · $30M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **22** Oct **[Tractian](https://millionrounds.com/company/tractian)** Series D+ · $130M *With* [53 Stations](https://millionrounds.com/fund/53-stations)

## Stages This Year

705 rounds

- Venture **20%**
- Series A **17%**
- Seed **15%**
- Series B **12%**
- Other **7%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **260**
- Biotech **62**
- Fintech **52**
- Healthcare **40**
- Big Data & Analytics **38**
- Energy **34**

## Cheques by Quarter

Led Joined

211 Q1 25

184 Q2 25

186 Q3 25

228 Q4 25

235 Q1 26

169 Q2 26

176 Q3 26

35 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in London 4,474](https://millionrounds.com/lists/investors-based-in-london)
- [Investors based in CA 3,718](https://millionrounds.com/lists/investors-based-in-ca)
- [Investors based in NY 3,641](https://millionrounds.com/lists/investors-based-in-ny)
- [Investors based in WA 2,472](https://millionrounds.com/lists/investors-based-in-wa)
- [Investors based in San Francisco 2,364](https://millionrounds.com/lists/investors-based-in-san-francisco)
- [Investors based in TX 2,263](https://millionrounds.com/lists/investors-based-in-tx)
- [Investors based in Dubai 1,920](https://millionrounds.com/lists/investors-based-in-dubai)
- [Investors based in MA 1,269](https://millionrounds.com/lists/investors-based-in-ma)
- [Investors based in Los Angeles 1,257](https://millionrounds.com/lists/investors-based-in-los-angeles)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Chicago

### Who are the most active investors based in Chicago?

By cheques observed, the most active are Alumni Ventures, ARCH Venture Partners, Valor Equity Partners, Lightbank and Adams Street Partners.

### How many investors based in Chicago are there?

1,252 are on record. 7% made an investment in the last 12 months and 5% have led a round.

### Which stages do investors based in Chicago back?

Of the rounds with a named stage in the last 12 months, mostly Series A (24%) and Seed (22%).

### How big are the rounds investors based in Chicago join?

The typical (median) round among the leading investors here is $11M.

### Which sectors do investors based in Chicago back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which investors based in Chicago lead the most rounds?

Valor Equity Partners (21 led), ARCH Venture Partners (12 led) and Jump Capital (7 led).

### What have investors based in Chicago invested in recently?

Recent rounds include Polygrade (Oct 2026, with Nine Four Ventures), Wilde (Growth, Oct 2026, with S2G Investments) and Zai Lab (Other, Oct 2026, with Balyasny Asset Management L.p.).

### How is this list of investors based in Chicago ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)