Propellant Ventures

What they do

Propellant Ventures is an early-stage venture capital firm that aspires to be one of the most active VCs in the U.S. Midwest region. It invests in a broad range of tech-enabled B2B industries, including healthtech, future of work, supply chain, fintech, IIoT, and edtech. The firm collaborates closely with its portfolio companies, angel groups, and other venture firms to improve company success, growth, and valuation, with a focus on underserved regions of the country.

What they look for

Propellant Ventures focuses on early-stage investments in tech-enabled B2B sectors such as healthtech, future of work, supply chain, fintech, IIoT, and edtech, targeting underserved regions in the United States, particularly the Midwest. It aims to build a high-quality, diversified portfolio while becoming one of the most active venture investors in the Midwest region.

Stage

Pre-seed, Seed, Series A

Sectors

SaaS, Healthcare, HR and recruiting, Mobility and logistics, Fintech, Edtech

Based

Chicago, US