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Chicago Sees Strong Year in VC Funding

For ChicagoINNO - By Jim Dallke - January 14, 2020


Chicago venture funding hit a decade high last year as VC funding surpassed $2 billion in 2019. Chicago companies raised $2.186 billion in 2019, according to a new report released Tuesday by Pitchbook and the National Venture Capital Association. That’s up from $1.9 billion in 2018, $2 billion in 2017, and $1.3 billion in 2016. Chicago’s best year for venture funding was in 2000, when it raised $2.6 billion during the dot-com era.


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