Propellant Ventures - aVenture Asset Manager Research
Location
Chicago, IL, US
Founded
2020
Propellant Ventures is a seed-stage venture capital fund that focuses on investing in the growth of Chicago and the greater Midwest. The firm targets a broad range of B2B industries, including healthcare, future of work, supply chain, fintech, and edtech. Propellant Ventures typically invests in seed-stage rounds, supporting early-stage companies poised for significant growth.
Notable portfolio companies include Innovare, which has raised $3 million, and Inverse, with $830,000 raised. The firm's investment philosophy emphasizes diversity and innovation within its chosen sectors. Propellant Ventures offers unique value-add services to its portfolio companies, leveraging its deep industry expertise and regional focus to help startups scale effectively.
Propellant Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies2
Current Portfolio Count2
Top Investment Stages
Pre-Seed1 (50.0%)
Seed1 (50.0%)
Stage Mix
Pre-Seed 50%Seed 50%
Concentration shown as share of disclosed investments by stage.
