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Network Ventures

North America, Illinois, United States, Chicago

Description

Network Ventures is a Chicago-based venture capital firm specializing in seed-stage technology companies. Founded with a strong emphasis on leveraging its extensive network, the firm provides capital and strategic support to early-stage startups primarily across the Midwest and beyond. Their investment focus spans a diverse range of sectors, including B2B SaaS, fintech, healthcare IT, and consumer technology, demonstrating a broad interest in disruptive innovation.

The firm's investment philosophy centers on identifying promising founders and providing not just capital, but also significant operational guidance and access to a robust ecosystem of mentors, partners, and potential customers. Network Ventures typically writes initial checks ranging from $500,000 to $1.5 million, positioning them as a key early-stage investor capable of leading or co-leading seed rounds. This strategic investment size allows them to support companies through critical early growth phases.

Network Ventures has successfully raised multiple funds, underscoring its continued commitment to the early-stage ecosystem. For instance, the firm closed its fourth fund, Network Ventures Fund IV, at $40 million in 2022, following its $30 million Fund III in 2019. This consistent fundraising enables them to maintain an active investment pace. As of early 2023, Network Ventures has made over 70 investments, demonstrating a significant footprint in the seed-stage venture landscape and contributing to the growth of numerous technology startups. Their network-centric model aims to accelerate portfolio company success by connecting them with vital resources and opportunities.

Investor Profile

Network Ventures has backed more than 28 startups, with 4 new investments in the last 12 months alone. The firm has led 10 rounds, about 36% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Financial Services, FinTech.
  • Typical check size: $500K – $1.5M.

Stage Focus

  • Seed (71%)
  • Pre Seed (18%)
  • Series Unknown (7%)
  • Series A (4%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Financial Services
  • Fintech
  • Saas
  • Gift
  • Hospitality
  • Artificial Intelligence (Ai)
  • Restaurants
  • Health Insurance
  • Insurance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Network Ventures frequently co-invest with?

RareBreed Ventures
North America, Maryland, United States, Baltimore
Co-Investments: 2
Ganas Ventures
North America, California, United States, Carlsbad
Co-Investments: 3
Fiat Ventures
North America, California, United States, San Francisco
Co-Investments: 2
G2T3V
North America, Illinois, United States, Chicago
Co-Investments: 3
Bridge Investments
North America, Illinois, United States, Chicago
Co-Investments: 3
Fulcrum Investing
North America, Illinois, United States, Chicago
Co-Investments: 3
M25
North America, Illinois, United States, Chicago
Co-Investments: 7
B Capital
North America, California, United States, Manhattan Beach
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 2

Which angels does Network Ventures often collaborate with?

BS
North America, Illinois, United States, Chicago
Shared Deals: 1
EL
North America, Florida, United States, Miami Beach
Shared Deals: 1
JR
North America, Florida, United States, Miami
Shared Deals: 1
MP
North America, Illinois, United States, Chicago
Shared Deals: 1
Dave Knox
North America, Ohio, United States, Cincinnati
Shared Deals: 1
JP
North America, California, United States, San Francisco
Shared Deals: 1
CM
North America, United States
Shared Deals: 1
GA
North America, Colorado, United States, Boulder
Shared Deals: 1
ML
North America, Utah, United States, Park City
Shared Deals: 1
CH
North America, Illinois, United States, Chicago
Shared Deals: 1

What are some of recent deals done by Network Ventures?

Unvale

Chicago, Illinois, United States

Unvale is the fastest growing social platform for creatives, allowing anyone to develop stories, grow an audience, and self-publish.

ArtContent CreatorsDigital MediaMedia and Entertainment
Pre SeedMar 11, 2025
Amount Raised: $1,800,000
Pickleheads

Atlanta, Georgia, United States

Pickleheads is a pickleball-playing court location-finding software.

Casual GamesMobile AppsSports
SeedFeb 5, 2025
Amount Raised: $2,500,000
Unvale

Chicago, Illinois, United States

Unvale is the fastest growing social platform for creatives, allowing anyone to develop stories, grow an audience, and self-publish.

ArtContent CreatorsDigital MediaMedia and Entertainment
Pre SeedOct 3, 2024
Amount Raised: $1,000,000
When Insurance

Highwood, Illinois, United States

When is a technology platform providing healthcare severance solutions for employees and employers.

Financial ServicesFinTechHealth InsuranceInsuranceInsurTech
SeedAug 1, 2024
Amount Raised: $4,600,000
Ask Alex

New York, New York, United States

Ask Alex is an AI-powered data and marketing software providing customer insights and automated reporting of essential business metrics.

AnalyticsArtificial Intelligence (AI)Marketing
SeedFeb 18, 2024
Amount Raised: $2,000,000
EarlyBird

Chicago, Illinois, United States

EarlyBird is empowering parents, family, and friends to collectively invest in a child's financial future, starting at the earliest age.

Financial ServicesFinTechGift
SeedNov 1, 2023
Amount Raised: $4,500,000
When Insurance

Highwood, Illinois, United States

When is a technology platform providing healthcare severance solutions for employees and employers.

Financial ServicesFinTechHealth InsuranceInsuranceInsurTech
SeedJul 13, 2023
Amount Raised: $1,400,000
EarlyBird

Chicago, Illinois, United States

EarlyBird is empowering parents, family, and friends to collectively invest in a child's financial future, starting at the earliest age.

Financial ServicesFinTechGift
SeedNov 22, 2021
Amount Raised: $4,000,000
DwellSocial

Northbrook, Illinois, United States

DwellSocial uses the power of your community to bring the best foods from the city to your suburb for group pick-ups!

Restaurants
SeedApr 16, 2021
KPI Sense

Chicago, Illinois, United States

KPI Sense is a provider of B2B SaaS financial reporting solutions for startups.

AccountingBusiness IntelligenceData VisualizationFinanceSaaSSoftware
SeedMar 31, 2021
Amount Raised: $1,100,000