Top 10 Angel Investors in Chicago

Chicago is the third largest city of America. This windy city has become a hub for several startups and entrepreneurial ventures. It has proudly embraced the success of startups such as Groupon , Grubhub and so much more. Statistics have indicated that there are nearly 270% rise in startups in Chicago in the last two years.

his growth rate earned Chicago the title of being the 7th highest growing nation in the world. As there are more and more ventures leading its way to Chicago, the city has gained popularity in its Angel investors as well. Angel investors are such investment groups who mentor, guide, educate and invest in startups at their seed stage.

Survey has indicated that there are approximately 96 angel investment groups serving the startups in Chicago. These Angel Investors have shown a tremendous raise of $456 million in first quarter and $494 Million in second quarter of 2020. Taking a look at statistics and surveys, it is obvious that the Angel investment groups in Chicago are actively participating in startup’s growth by letting them sprout after the seed stage.

Chicago Arch Angels

This Chicago angel investor group was founded in 2012. The vision of Chicago Arch Angels is to add value to the startups and boost their business experience. The group aims to invest in seed or early stage of the startups. Arch Angels have successfully invested more than $3 Million on several startups such as PageVault, Edovo, PopWallet and much more. It looks for referrals while investing and hold monthly meetings to invest on potential startups. The investment range extends from $500,000 to $3 Million. This angel investor enjoys a vast portfolio such as health care, financial service startups, green technology and so on.

Cornerstone Angels

Cornerstone Angels is a private investment group in Chicago. This Chicago angel investor is serving the startups since 2013. The sole aim of this investment angel is to fill the gaps in funding that startups face in Chicago. Its investment range extends from $250K to $2MM. It seeks to invest at seed stage of startups. There are no boundaries of business type for this investment angel. It has successfully invested in startups such as Eat Street, Car Tup, Amyris and much more.

Harvard Business School Angels of Chicago

This angel investor group is known to be most active in funding the start ups. HBSAC was founded in 2007. It has a team of professionals, executives, entrepreneurs and financial advisors to guide, mentor, fund and lead the startups in Chicago. It has successfully invested in more than 30 startups. The investment capital ranges from $500K to $5Million. Sky is the limit for this angel investor as they seek to invest in any startup which has growth potential despite their company time.

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Heartland Angels, Chicago

Heartland Angels came forward as angel investors in Chicago by the year 2003. The core mission of Heartland Angels is to act as a catalyst in the growth of startups by helping them financially, intellectually and innovatively. The investment range of this Chicago based angel investors group extends from $250,000 to 2,000,000. It seeks to invest in every company type and has a vast successful portfolio including food serving business, medical applications and several digital forums.

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Hyde Park Angels

Hyde Park Angels is an angel investor group of Chicago. HPA was born in Chicago in the year 2007. Since its birth, this angel investor group has served a wide range of startups through its investments. The portfolio of this angel investor has grown from delivery service startups, food service to green initiative startups. There is no boundary of business type for HPA. The investment range extends from $750,000 to $1.5 Million. HPA has successfully invested in more than 50 startups.

Irish Angels

Irish angels, an angel investor group in Chicago were founded in 2012. Irish angels has a sole purpose of building businesses in the process of growth. It has exceeded 100 investors and an investment of $4Million. Its investment range exceeds from $150,000 to $400,000. It has a broad portfolio including jobs promotion websites, clothing website and much more. This angel investor group looks for investing in seed stage or early stage of startups.

Kellogg Angels

Kellogg Angels is an angel investor of Chicago. This angel investor was founded in 2012 with the core aim of maximizing value for startups by boosting their experience, educating them and helping them financially. This angel investor in Chicago has funded several startups over the years. It typically invests around $50K to $2 Million to help startups reach their potential growth. It funds startups based on diagnostic and therapy based business.

Interested in learning more about getting your startup funded? Read our ultimate guide to seed funding, a guide to angel investors.

MD Angels

The respective angel investors in Chicago originated in the year, 2015. The sole purpose of MS angels is to provide financial assistance and mentorship to startups. It has successfully invested in more than 10 companies. The angel investor is limited to health care based businesses only. MD angels have recently invested a whopping amount of $5.6M in a health care startup. The investment amount ranges from $50K to $5M.

West Suburban Angels

West Suburban Angels, being a Chicago based angel investor has major aim of providing early buds startups a forum for growth. It do so by providing capital to the startups and mentorship. This angel investor has invested in several startups majorly, therapy providing startups. It was founded in 2010 and has invested approximately $2.17M in startups.

Chicago Ventures

Chicago Ventures as the name suggests is an angel investor situated in Chicago. It was founded in 2012 with a staunch aim of helping startups with financial assistance. The investment range of Chicago Ventures is around $1.5 Million to $2Million. It has a range of portfolio from medical, food to interior design.

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