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

Mark Reitsma

Venture Partner

Chris Sorensen

Venture Partner

2 past transactions

Innovare

Seed Round in 2021
Innovare is an educational technology company that specializes in data analytics and strategy software aimed at empowering education leaders to make informed decisions. Its web-based application consolidates various data sources from schools, including student information systems, standardized assessments, and attendance records, into a single, personalized dashboard. This integration allows leadership teams to visualize and analyze data effectively, fostering a culture of continuous improvement and enabling them to measure real-time impacts on students and communities. By transforming siloed data into actionable insights, Innovare supports educational institutions in their efforts to enhance educational outcomes.

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 specializes in creating and monetizing virtual events, multiplayer games, and customizable branded worlds accessible on web and mobile platforms. By integrating elements of online gaming and video conferencing, Inverse provides businesses with tools to enhance engagement among attendees and sponsors in a browser-based environment. This approach allows for the augmentation of experiences through features such as NFTs, facilitating innovative interactions within virtual settings.
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