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Illinois

State · United States · Pop. 12.7M · WithinWorldNorth AmericaUnited StatesIllinois

Startup funnel

Illinois's startup funnel

Companies headquartered in Illinois at each stage today, by total VC raised. Hover or tap a bar for the split.

1,734
Startups
$100K–15M raised

690 pre-seed · 560 seed · 484 Series A

413
Breakouts
$15–100M raised

254 Series B · 159 Series C

112
Scaleups
$100M+ raised

77 Mega · 35 Mega+

60
Unicorns and/or $100M+ revenue

52 valued at $1B+ · 38 with $100M+ revenue · 30 both

Source: Dealroom.co

Quarterly report

Illinois's latest quarter in venture capital

Venture capital raised by Illinois-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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Enterprise value

How much Illinois’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Illinois, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Illinois

VC investment into Illinois-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Illinois

A live treemap of the largest VC rounds. Each cell is one round into Illinois-headquartered companies, grouped by Dealroom sector.

Largest rounds in Illinois - 2026

Every $15M+ VC round into Illinois-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Academia

Illinois's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Illinois.

University-linked startup formation
221
University spinouts
5,319
Total alumni-founded companies
3,132
Of which startups (<$15M raised)
1,588
Breakouts ($15M-100M)
599
Scaleups ($100M+)
Top universities producing founders tied to Illinois
Unlock the full university ranking for Illinois on Dealroom

Location comparison

How Illinois stacks up

Compare Illinois with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Combined enterprise value of each ecosystem.

Get the full Illinois ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.