Funded startups in Illinois number 771 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Illinois, along with the 100 most recently funded startups there.
The median disclosed round is $4.0M, with the middle half of rounds falling between $1.0M and $20M. Financial Services, Health Care and Artificial Intelligence hold the most companies by sector. Chicago and Evanston hold the deepest concentrations of funded startups in Illinois. Startups in Illinois closed 288 funding rounds over the last 24 months, 126 of them in the last 12 months, and raised $6.6B in disclosed capital.
Chicago dominates the geography, where Financial Services and Health Care firms lead. Small teams are common, making these companies agile targets for early stage partnerships. AI and Biotechnology startups often maintain lean headcounts, creating a profile of specialized shops rather than massive enterprises. These lean operations prioritize rapid scaling over established corporate structures.
Illinois funded startup statistics
Funded startups in Illinois
771
tracked in the database
Funding rounds, last 12 months
126
288 over 24 months
Disclosed capital raised, 24 months
$6.6B
216 of 288 rounds disclosed an amount
Median round size
$4.0M
middle half $1.0M to $20M
Most recent funding round on record: Aug 2026.
100 most recently funded startups in Illinois
100 of 771
Ordered by the date of the latest funding round. Each row gives the company, its
location and industry, what it does, the stage and date of that round, and the disclosed
amount.
Startups in Illinois closed 288 funding rounds over the last 24 months, 126 of them in the last 12, adding up to $6.6B in disclosed capital.
Round sizes
The median disclosed round is $4.0M, with the middle half running from $1.0M to $20M. 216 of 288 rounds disclosed an amount.
Sectors
Financial Services, Health Care and Artificial Intelligence hold the most companies, led by Financial Services at 83. The most common headcount band across the segment is 11-50.
Industries with the most funded startups in Illinois
Sector counts across all 771 tracked companies in Illinois. A company assigned more than one industry is counted in each.
A further 174 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ Illinois startup funding data
FundedIQ tracks announced startup funding rounds and organises them by company, funding
date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and
new rounds are normalised and de-duplicated before they are published, so the same round
reported twice on different dates is recorded once.
Figures on this page cover the 771 funded startups in Illinois currently tracked.
Round counts, capital totals and the median round are computed over a trailing 24 months.
Rounds whose amount was not disclosed (72 of 288 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Illinois is dated Aug 2026.
The table above shows the 100 most recently funded companies. Full funding histories,
investor lists and founder contacts across the whole dataset open on a FundedIQ plan.
Frequently asked questions
How many funded startups are there in Illinois?
FundedIQ tracks 771 funded startups in Illinois. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.
How much funding have startups in Illinois raised?
Startups in Illinois tracked by FundedIQ have raised $6.6B in disclosed capital across 288 funding rounds over the last 24 months, including 126 rounds in the last 12 months. 216 of those 288 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Illinois?
Financial Services has the most, with 83 companies, followed by Health Care (69), Artificial Intelligence (63) and Commerce and Shopping (58). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Illinois?
Chicago leads with 567 companies, then Evanston (19), Champaign (15) and Naperville (9).
What is a typical funding round size for startups in Illinois?
The median disclosed round over the last 24 months is $4.0M, and the middle half of rounds fall between $1.0M and $20M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.
What is the most common funding stage for startups in Illinois?
Seed is the most common labelled stage, with 57 rounds in the last 24 months, ahead of Series A (21) and Pre-Seed (18). A further 174 rounds were announced without a stage label and are not counted here.
How often is the Illinois startup funding data updated?
The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Illinois is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.