How many VC funds are based in Illinois?

195 venture capital funds based in Illinois have filed SEC Form D offerings, with 16 new filings in the last 12 months.

How do I find software as a service investors in Illinois?

Start with the 12 funds listed on this page — each links to a full profile with team, check size, and contact information sourced from SEC filings and fund websites.

Back to Free Startup Funding Database

Who Funds Software As A Service Startups in Illinois?

12 venture funds, 6 angel networks, 6 accelerator programs and 6 active federal grants for software as a service founders in Illinois — sourced from SEC Form D filings and Grants.gov.

195

VC Funds Based in Illinois

$17.1B

Capital in SEC Form D Filings

New Fund Filings (12 mo)

Venture Capital Funds Investing in Software As A Service — Illinois

Atlas Access Fund III, L.P.

Location: CHICAGO, IL
Fund Size (Form D): $10M
Stage Focus: seed
Latest SEC Filing: Mar 20, 2026

Full profile & contacts →Website

Atoms VC, LP

Location: CHICAGO, IL
Fund Size (Form D): $25M
Stage Focus: seed
Latest SEC Filing: Feb 11, 2026

Full profile & contacts →Website

FPG Ad Claritas VI, LP

Location: CHICAGO, IL
Fund Size (Form D): $11M
Stage Focus: seed
Latest SEC Filing: Dec 9, 2025

Full profile & contacts →Website

Atlas Access Fund II, L.P.

Location: CHICAGO, IL
Fund Size (Form D): $12M
Stage Focus: seed
Latest SEC Filing: Nov 10, 2025

Full profile & contacts →Website

7wire Ventures Fund III-A, L.P.

Location: CHICAGO, IL
Fund Size (Form D): $150M
Stage Focus: growth
Latest SEC Filing: Oct 6, 2025

Full profile & contacts →Website

7wire Ventures Fund III, L.P.

Location: CHICAGO, IL
Fund Size (Form D): $150M
Stage Focus: growth
Latest SEC Filing: Oct 6, 2025

Full profile & contacts →Website

Atlas Access Fund, L.P.

Location: CHICAGO, IL
Fund Size (Form D): $20M
Stage Focus: seed
Latest SEC Filing: Oct 1, 2025

Full profile & contacts →Website

Magnetar Opportunity 2025-3 LP

Location: Evanston, IL
Fund Size (Form D): $125M
Stage Focus: multi-stage
Latest SEC Filing: Sep 1, 2025

Full profile & contacts →Website

FPG Ad Astra X, LP

Location: CHICAGO, IL
Fund Size (Form D): Undisclosed
Latest SEC Filing: Aug 8, 2025

Full profile & contacts →Website

FPG Ad Claritas IV, LP

Location: CHICAGO, IL
Fund Size (Form D): $10M
Stage Focus: seed
Latest SEC Filing: Jul 8, 2025

Full profile & contacts →Website

Frontline One Capital LLC

Location: LAGRANGE, IL
Fund Size (Form D): Undisclosed
Latest SEC Filing: Jun 25, 2025

Full profile & contacts →Website

Corazon Capital IV LP

Location: CHICAGO, IL
Fund Size (Form D): $100M
Stage Focus: series-a
Latest SEC Filing: Apr 25, 2025

Full profile & contacts →Website

Angel Networks in Illinois

Hyde Park Angels

Location: Chicago, IL
Members: 210
Avg Check: $75K

Website →

Chicago Angels

Location: Chicago, IL
Members: 200
Avg Check: $40K

Website →

Kellogg Angels

Location: Evanston, IL
Members: 100
Avg Check: $50K

Website →

Keiretsu Forum Midwest

Location: Chicago, IL
Members: 80
Avg Check: $75K

Website →

Chicago Ventures

Location: Chicago, IL
Members: 50
Avg Check: $500K

Website →

Illinois Ventures Angels

Location: Champaign, IL
Members: 50
Avg Check: $50K

Website →

Accelerators & Startup Programs for Software As A Service Founders

Black Ambition

Funding: $1M

Apply →

Elemental Impact

Funding: $1M

Apply →

Lemnos

Funding: $500K

Apply →

Y Combinator

Funding: $500K

Apply →

Alliance DAO

Funding: $250K – $500K

Apply →

Contrary Capital

Funding: $500K

Apply →

See the full accelerator directory for industry-specific programs.

Active Federal Grant Opportunities

Statewide Consumer Network

Substance Abuse and Mental Health Services Adminis

Award: Undisclosed – $150K
Deadline: Jun 24, 2026

View on Grants.gov →

U.S. STEM Summer Exchange for Youth

U.S. Mission to the Dominican Republic

Award: $30K – $80K
Deadline: Jun 24, 2026

View on Grants.gov →

FY 2026 Pipeline One-Call Grant

Pipeline and Hazardous Materials Safety Admin

Award: $100.00 – $60K
Deadline: Jun 24, 2026

View on Grants.gov →

BRAIN Initiative: Data Archives for the BRAIN Initiative (R24 Clinical Trial Optional)

National Institutes of Health

Deadline: Jun 24, 2026

View on Grants.gov →

FY 2026 State Damage Prevention

Pipeline and Hazardous Materials Safety Admin

Award: $4K – $100K
Deadline: Jun 24, 2026

View on Grants.gov →

Center of Excellence on Eating Disorders

Substance Abuse and Mental Health Services Adminis

Award: Undisclosed – $2M
Deadline: Jun 24, 2026

View on Grants.gov →

Browse all federal startup grants with deadlines and eligibility.

Data sources: Fund data comes from SEC Form D filings (EDGAR), updated nightly. Grant opportunities come from Grants.gov. Angel network and accelerator data is curated from public sources. Figures shown are the amounts reported in regulatory filings, not estimates. Last refreshed June 2026.

Who Funds Software As A Service Startups in Illinois?

Venture Capital Funds Investing in Software As A Service — Illinois

Atlas Access Fund III, L.P.

Atoms VC, LP

FPG Ad Claritas VI, LP

Atlas Access Fund II, L.P.

7wire Ventures Fund III-A, L.P.

7wire Ventures Fund III, L.P.

Atlas Access Fund, L.P.

Magnetar Opportunity 2025-3 LP

FPG Ad Astra X, LP

FPG Ad Claritas IV, LP

Frontline One Capital LLC

Corazon Capital IV LP

Angel Networks in Illinois

Hyde Park Angels

Chicago Angels

Kellogg Angels

Keiretsu Forum Midwest

Chicago Ventures

Illinois Ventures Angels

Accelerators & Startup Programs for Software As A Service Founders

Black Ambition

Elemental Impact

Lemnos

Y Combinator

Alliance DAO

Contrary Capital

Active Federal Grant Opportunities

Statewide Consumer Network

U.S. STEM Summer Exchange for Youth

FY 2026 Pipeline One-Call Grant

BRAIN Initiative: Data Archives for the BRAIN Initiative (R24 Clinical Trial Optional)

FY 2026 State Damage Prevention

Center of Excellence on Eating Disorders

All Illinois VC Funds

Software As A Service Funding Guide

Federal Grants Database