What We Do
At Illinois Ventures, our mission is to make the world a better, healthier, and more accessible place through return-focused seed and early investment in healthcare and technology. We work with dedicated partners to create a thriving entrepreneurial community in the University of Illinois system and alumni networks, Illinois and the Midwest, and the national venture capital market.
Illinois Ventures manages return-focused venture funds which are financed through external limited partners and dedicated to novel technologies and healthcare innovations.
We invest in seed-stage opportunities developed at the University of Illinois System, often as the first or one of the first outside investors in a promising new technology-based startup.
Proof of Concept
Illinois Ventures operates the UIC Chancellor’s Innovation Fund, which provides the missing funding mechanism in the innovation cycle when a technology is new and promising, but unproven.
The Quick Facts
Established in 2000 as one of the country’s first university VC firms
Startups funded since inception, focusing on technology and science
$31 to $1
$31 in additional outside funding for each Illinois Ventures $1 invested