Who Funds Healthtech Startups in Illinois?

Real, verified funding sources for healthtech founders in Illinois: VC funds, accelerators, angel networks, and active grant programs — sourced from SEC filings and Grants.gov, not estimates.

Healthtech Funding Snapshot — Illinois (as of September 2026)

  • 1
    1 VC fundsheadquartered in Illinois with "Healthtech" in their name
  • 2
    6 acceleratorsopen to healthtech founders in Illinois (including globally-available programs)
  • 3
    6 angel networksbased in Illinois
  • 4
    108 open grantsin the Healthcare & Biotech category, refreshed nightly from Grants.gov

Healthtech VC Funds in Illinois

A1 Health Ventures I, LP

📍 Chicago, IL

General partners: James Hill, Jonathan Phillips, Leo Brubaker & 4 more

$100M
Effective fund size

Healthtech Accelerators Open to Illinois

6 programs

Techstars Chicago

Chicago, IL

Techstars Chicago

$120K
Deadline: Rolling / no fixed deadline
Learn More →

TechNexus Venture Collaborative

Chicago, IL

TechNexus Venture Collaborative

Varies
Deadline: Rolling / no fixed deadline
Learn More →

1871

Chicago, IL

1871

Varies
Deadline: Rolling / no fixed deadline
Learn More →

Polsky Center (UChicago)

Chicago, IL

Polsky Center (UChicago)

Varies
Deadline: Rolling / no fixed deadline
Learn More →

Northwestern Jumpstart Pre-Accelerator

Evanston, IL

Northwestern Jumpstart Pre-Accelerator

Varies
Deadline: Rolling / no fixed deadline
Learn More →

TechRise (P33 / Verizon / 1871)

Chicago, IL

TechRise (P33 / Verizon / 1871)

Varies
Deadline: Rolling / no fixed deadline
Learn More →

Angel Investor Networks in Illinois

6 networks

Hyde Park Angels

👥 210 members💰 $25K - $500K check range

📍 Chicago, IL

TechnologyHealthcareConsumerFintechSaaS

Chicago Angels

👥 200 members💰 $15K - $200K check range

📍 Chicago, IL

TechnologyHealthcareFinancial ServicesConsumer

Kellogg Angels

👥 100 members💰 $25K - $200K check range

📍 Evanston, IL

TechnologyHealthcareConsumerFintechSaaS

Keiretsu Forum Midwest

👥 80 members💰 $25K - $500K check range

📍 Chicago, IL

TechnologyHealthcareConsumerFintechSaaS

Chicago Ventures

👥 50 members💰 $100K - $2M check range

📍 Chicago, IL

TechnologySaaSConsumerMarketplace

Illinois Ventures Angels

👥 50 members💰 $25K - $200K check range

📍 Champaign, IL

TechnologyDeep TechLife SciencesAgriculture Tech

Grants in the Healthcare & Biotech Category

Healthtech falls under the broader "Healthcare & Biotech" category in federal grant data. These are federal programs open to eligible founders nationwide (including Illinois) — live from Grants.gov, refreshed nightly.

Deadline: September 9, 2026Apply →

DoW Vision, Mentored Clinical Research Award

Defense Health Agency Contracting Activity - DHACA

Deadline: September 10, 2026Apply →

DoW Hearing Restoration Focused Research Award

Defense Health Agency Contracting Activity - DHACA

Deadline: September 10, 2026Apply →

DoW Duchenne Muscular Dystrophy, Idea Development Award

Defense Health Agency Contracting Activity - DHACA

Deadline: September 18, 2026Apply →

DoW Duchenne Muscular Dystrophy, Clinical/Translational Research Award

Defense Health Agency Contracting Activity - DHACA

Deadline: September 18, 2026Apply →

?Healthtech Funding FAQs — Illinois

Are there healthtech VCs headquartered in Illinois?

Yes — 1 funds headquartered in Illinois have "Healthtech" (or a close synonym) in their legal name, based on SEC Form D filings. This is a name match, not a verified thesis, so it understates true local investor interest.

What accelerators in Illinois support healthtech startups?

6 accelerator programs open to Illinois-based healthtech founders are in our database, including programs based in Illinois and globally-available programs.

Are there angel investor networks in Illinois?

Yes — 6 angel investor networks based in Illinois are in our database, ranked by member count with healthtech-relevant groups surfaced first where our sector data supports it.

What grants are available for healthtech founders?

108 currently open federal grant programs are tagged under the Healthcare & Biotech category, which is where healthtech falls in our grant classification. These are federal programs open to eligible founders nationwide (including Illinois), pulled live from Grants.gov and refreshed nightly.

Your Healthtech Funding Action Plan

1

Research & Prepare

  • Review the 1 healthtech-matched funds above and their filing history
  • Check each fund's website for current investment criteria before reaching out
  • Prepare a pitch deck and financial projections tailored to your stage
2

Apply & Connect

  • Apply to the 6 accelerator programs listed above
  • Reach out to the 6 angel networks in Illinois
  • Check eligibility for the 6 open grant programs above
3

Follow Up

  • Track deadlines for any application-based programs above
  • Look for warm introductions through your existing network before cold outreach
  • Revisit this page periodically — fund and grant data refreshes nightly