
Network Ventures
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
Frequently Asked Questions
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