Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Propellant Ventures is an early-stage venture capital firm established to invest in innovative startups, particularly in the Midwest region of the United States. Founded in Chicago, the firm addresses the funding gap for entrepreneurs, especially in the Pre-Seed and Seed stages. Propellant Ventures aims to cultivate a diversified portfolio of tech-enabled B2B companies, focusing on sectors that show significant growth potential.
The firm has a strong commitment to the Midwest entrepreneurial ecosystem, recognizing the unique opportunities presented by reasonable valuations and a vibrant startup culture. Propellant Ventures is dedicated to supporting founders who are building the next generation of impactful companies.
Propellant Ventures primarily invests in Pre-Seed and Seed stage opportunities across various sectors, including healthcare, fintech, edtech, industrial, and artificial intelligence. The firm specifically targets the underserved Midwest region, where it sees potential for high returns due to reasonable valuations and a strong entrepreneurial ecosystem. Typical investment sizes range from $25,000 to $500,000, with initial investments per company generally between $100,000 and $500,000.
In addition to financial support, Propellant Ventures seeks to partner with founders who demonstrate a clear vision and the ability to execute their business plans. The firm values tech-enabled B2B companies that can leverage technology to create scalable solutions in their respective industries.
Propellant Ventures has invested in several notable portfolio companies, including:
These investments reflect Propellant Ventures' commitment to supporting innovative startups that align with its investment thesis and focus on the Midwest market.
Jason Jacobsohn - Managing Partner: Jason has extensive experience in venture capital and has led numerous successful investments in early-stage companies.
Derrick Horner - Venture Partner: Derrick brings a wealth of knowledge in technology and business development, having worked with various startups in the Midwest.
Mark Reitsma - Venture Partner: Mark has a strong background in finance and has been involved in several high-profile deals in the tech sector.
Chris Sorensen - Venture Partner: Chris specializes in operational support and has a track record of helping startups scale effectively.
Chirag Goel - Principal: Chirag focuses on sourcing new investment opportunities and conducting due diligence on potential portfolio companies.
Kurt Akers - Venture Advisor: Kurt provides strategic advice and mentorship to portfolio companies, leveraging his extensive industry experience.
Dr. Derick Jiwan - Venture Fellow: Dr. Jiwan contributes his expertise in healthcare technology, guiding investments in that sector.
Hiral Chandrana - Investment Committee Member: Hiral brings insights from his background in finance and investment strategy.
Andrew Don - Investment Committee Member: Andrew has experience in venture capital and entrepreneurship, aiding in investment decisions.
Russell Findlay - Investment Committee Member: Russell specializes in market analysis and helps evaluate potential investments.
Deborah Hill - Investment Committee Member: Deborah has a strong background in business development and strategy, contributing to the firm's investment approach.
Gregory Leos - Investment Committee Member: Gregory focuses on technology investments and provides insights into emerging trends.
Dave Smith - Investment Committee Member: Dave has extensive experience in the startup ecosystem, aiding in the evaluation of new opportunities.
To pitch Propellant Ventures, founders should visit their website at propellant.vc. It is advisable to include a detailed business plan, market analysis, and information about the founding team. Response times may vary, but founders can expect feedback on their submissions.
What are Propellant Ventures' investment criteria?
Propellant Ventures invests in early-stage startups, specifically in the Pre-Seed and Seed stages. The firm focuses on tech-enabled B2B companies across sectors such as healthcare, fintech, edtech, industrial, and AI.
How can I pitch to Propellant Ventures?
Founders can submit their pitches through the Propellant Ventures website at propellant.vc. It is recommended to include a clear business plan and details about the team and market opportunity.
What makes Propellant Ventures different from other VCs?
Propellant Ventures is dedicated to the Midwest region, targeting underserved markets and focusing on reasonable valuations. This regional commitment allows the firm to identify unique opportunities that may be overlooked by other investors.
What is the typical check size for investments?
Propellant Ventures typically invests between $25,000 and $500,000, with initial investments per company generally ranging from $100,000 to $500,000.
What kind of support do portfolio companies receive?
Portfolio companies benefit from Propellant Ventures' extensive network and resources, which can include mentorship, operational support, and follow-on investment opportunities.
What geographic areas does Propellant Ventures focus on?
The firm primarily focuses on the Midwest region of the United States, recognizing the potential for high returns and a strong entrepreneurial ecosystem in this area.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.