Illinois Ventures

Illinois Ventures is a venture capital firm established in 2000 and based in Chicago, Illinois. It specializes in seed and early-stage investments in technology-driven companies, particularly those originating from research at the University of Illinois and surrounding research institutions. The firm focuses on sectors such as information technologies, physical sciences, and life sciences, with specific interests in areas like energy, advanced materials, biotechnology, medical devices, and homeland security. By collaborating with inventors and entrepreneurs, Illinois Ventures aims to transform innovative concepts and intellectual property into high-growth businesses. The firm has gained recognition for its contributions to the entrepreneurial ecosystem and has been listed among the top venture capital firms nationally by Entrepreneur magazine.

Nancy Harvey Ph.D

Senior Director and Principal

Jeremy Hollis

Principal

Paul Magelli

Director, Illini Angels

Thomas Parkinson

Senior Director and Principal, Venture Partner

Past deals in Bolivia

Vitrix Health

Pre Seed Round in 2019
Vitrix Health, Inc. is a company focused on designing and developing innovative screening tools for the healthcare industry, specifically targeting oral health. Founded in 2018 and based in Champaign, Illinois, Vitrix Health offers a mobile platform that utilizes optics and machine learning to assist primary care providers in effectively screening for oral diseases. This technology aims to improve health outcomes for millions of Americans who do not regularly visit a dentist but do see a doctor, thereby addressing disparities in oral health. The company's oral cancer screening device, along with its associated application, facilitates early-stage detection and prevention of oral diseases. Vitrix Health is currently conducting pilot tests at various healthcare institutions, including Mt. Sinai Hospital and the University of Chicago Medical School, and is involved in international clinical trials in Bolivia and India. Through its innovative approach, Vitrix Health seeks to empower healthcare providers to detect diseases early and refer patients for timely dental care.
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