Propellant Ventures

Propellant Ventures is a seed-stage venture capital firm based in Chicago, Illinois, established in 2020. The firm focuses on investing in the growth of pre-seed and seed-stage companies within tech-enabled business-to-business industries. Its investment areas include healthcare, the future of work, supply chain, fintech, Internet of Things, and educational technology. Propellant Ventures aims to support startups primarily located in Chicago and the greater Midwest, fostering innovation and development in these diverse sectors.

Jason Jacobsohn

Founder and Managing Partner

2 past transactions

Innovare

Seed Round in 2021
Innovare is an education technology company that specializes in data analytics and strategy software aimed at helping education leaders make informed, data-driven decisions. The company's web-based application consolidates various data sources from schools, including student information systems, standardized assessments, and attendance records, into a personalized dashboard. This integration allows leadership teams to visualize and analyze critical data, fostering a culture of continuous improvement and enabling them to measure the real-time impact of their initiatives. By providing these tools, Innovare strives to positively influence student outcomes and enhance the communities served by educational institutions.

Inverse

Pre Seed Round in 2021
Inverse is a metaverse game platform and studio focused on developing next-generation digital communities and social experiences. The company offers a virtual events platform designed to create and monetize events, engaging both attendees and sponsors. By merging elements of online gaming and video conferencing within a browser-based environment, Inverse enables businesses to connect with their audience and collaborate with other brands. Their offerings include customizable and monetizable multiplayer games, virtual events, and branded worlds that can be enhanced with NFTs, fostering immersive experiences for users.
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