Economic Development
Focused on continuing Illinois’ tech growth
University Affiliated
Funding University of Illinois Innovations
Pre-Seed and Seed-Stage
Early-stage companies linked to the University
Cutting-Edge Technologies
Dedicated to advancing innovation
We’re not new to the game.
Founded in 2002, our Evergreen Fund is one of the longest-running and most experienced university-related venture capital firms in the country. To date, we’ve helped kickstart commercialization for more than 87 companies through the Evergreen Fund. We’ve been around the block. We’ve perfected the process of identifying and investing in seed-stage companies and ideas.
How does a tight university bond enhance our portfolio opportunities and offerings for the Illinois Life Science community? Successful life science and tech companies rely on deep and diverse pockets. Our early-stage investment in University research institutions prompts outside funding that further supports and validates these promising startups.
For our founders, we provide startup funding, connections to third-party investors, and traditional venture capital investments. We’re dedicated to the top-tier technologies and founders in the University System and work hard to make sure that our Evergreen companies are set up for success.
Illinois
UniversitY
Investments
Over the past decade, Illinois universities including our own University of Illinois and the University of Illinois Chicago, have brought the state substantial research funding, produced top-tier grads, and enhanced the ecosystem through innovative startups that are more likely to stay in the state.
Research Leader
$18.1 in public and private R&D expenditures annually
Cutting Edge Grads
3rd Most computer science grads nationally
University Startups
1,064 Companies created in the last five years
Retention
69% of active university startups stay in Illinois
Recent
Investments
During Illinois Ventures’ 20 year history, we’ve invested 87 early-stage companies. Learn about our investments made over the last five years below.