Fundraising Fox

Distributed Ventures

Venture capital

Chicago · Seed–Series A · 15 people tracked

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Investment thesis

Distributed Ventures backs early-stage founders at the frontier of risk, investing in the health, insurance, and wealth verticals where it believes risk can be transformed into opportunity with the right capital. It leads Seed and Series A rounds across the United States, writing $1-5M checks with a 15-20% ownership target and taking board seats or observer rights. Beyond capital, the firm emphasizes helping founders with enterprise distribution channels and focused go-to-market strategies, leveraging its network and expertise to connect startups with customers, guidance, and access to accelerate growth and reach product-market fit.

Source: firm website, verified Aug 11, 2026.

Stage
Seed–Series A
Check
$1M – $5M
HQ
Chicago, New York, US
Leads rounds
Leads
Instruments
Equity
Founded
2018
AUM
$100M
VC funds
2
Tracked investments
30

Team · 15 people

from the firm's website & public directories

What they invest in

from 18 of 30 portfolio companies

Healthtech ×7SaaS ×7AI & Machine Learning ×6Fintech ×6Digital Health ×5InsurTech ×5HR Tech ×4PropTech ×2

HQs:United States×12

Investments · 30 tracked

founders shown can be your intro path

By year:2023 · 12022 · 12021 · 12019 · 25 dated

Armadillo Home SolutionsSep 2023SEC filingmedium confidence

Clarksville, US

Matan Slagter(Executive Officer, Director)

BoardLansdon Robbins(Director)

Board seatAdam Blumencranz· per SEC Form D · $5M raise · filed Dec 2024

Marble Pay, Inc.Nov 2022SEC filingmedium confidence

New York, US

Andrew Lerner(Director)Stuart Winchester(Executive Officer, Director)Tiffine Wang(Director)

Board seatAdam Blumencranz· per SEC Form D · $4.2M raise · filed Nov 2022

401Kplans401kplans.com
Armadilloarmadillo.onein𝕏

Armadillo offers a subscription-based home warranty product that covers repairs or replacements when household items and systems break.

ConsumerInsurTechPropTech

Matan Slagter(CEO)

Ascenduseascend.comin

Ascend is a financial operations platform purpose-built for insurance agencies, wholesalers, MGAs, and carriers, combining AI-powered accounting automation, payments, and premium financing.

AI & Machine LearningInsurTechSaaS

Becvrdbecvrd.comin

CVRD provides a SaaS platform and administration services for managing fringe benefits and ICHRA (Individual Coverage Health Reimbursement Arrangements) for government contractors.

GovTechHR TechSaaS

CoverTreecovertree.comin𝕏Apr 2021

CoverTree offers home, renters, and landlord insurance products, providing coverage for home value, personal property, other structures, and belongings.

FintechInsurTechDetroit, US

RISHIE MODI(Executive Officer, Director)DIVYANSH SHARMA(Executive Officer, Director)ADARSH RACHMALE(Executive Officer, Director)

CVRD

End-to-end fringe dollar optimization and benefits administrator for federal contractors.

Cylindercylinderhealth.comin𝕏

Cylinder Health provides personalized, clinician-backed care plans for digestive health conditions, serving people with bloating, IBS, IBD, and other gastrointestinal issues through a digital platform.

Digital HealthHealthtech

Focal

Enterprise-compliant AI for agenda prep, note taking, tasks, and followups for financial advisors.

Honeycomb

Real estate insurance company offering customized policies via a digitally native, AI-enabled platform.

Honeycombinsurancehoneycombinsurance.comin

Honeycomb offers property insurance for condo associations (HOAs), building owners, property managers, and developers, using an AI-powered Inspector App that lets customers get quotes by taking property photos instead of arranging in-person inspections.

AI & Machine LearningInsurTechPropTech

Indiouseindio.comin𝕏

Indio is a cloud-based software platform that automates the insurance application and renewal process for agencies, brokerages, and insurers.

Cloud ComputingInsurTechSaaSSan Francisco, US

Matthew Watson(Executive Officer, Director, Promoter)Adam Bratt(Executive Officer)Michael Furlong(Executive Officer, Director, Promoter)

BoardAlex Kolicich(Director)

Kai Healthkaihealth.aiin

Kai Health offers an AI platform for "Autonomous Performance Improvement" that helps healthcare organizations reduce diagnostic errors and documentation gaps across clinical, operational, and financial performance, using real-time analytics, personalized training, and clinical decision support based on the RSQ clinical methodology.

AI & Machine LearningDigital HealthHealthtech

MARBLEmarblepay.com
Meetwithfocalmeetwithfocal.comin

Focal is an AI meeting notetaker built for financial advisors, generating meeting summaries, follow-up emails, and tasks while addressing advisor-specific compliance and security needs.

AI & Machine LearningFintechSaaS

Originorigintherapy.com
Origin Therapy

Automates back-office operations to help pediatric therapists build and grow private practices.

Pillar

Interview intelligence platform helping enterprises make better, more equitable hiring decisions.

Pillar Softwarepillar.hrin

AI Interview Companion (formerly Pillar, now part of Employ) is an AI tool that assists interviewers with transcription, summarization, interview guides, structured question generation, and interviewer coaching.

AI & Machine LearningHR TechSaaSIndianapolis, US

Mark Simpson(Executive Officer, Director)

BoardEric Tobias(Director)Scott Dorsey(Director)

PlanFeesplanfees.comin

PlanFees offers fee benchmarking tools for retirement plan advisors, including Prism for investment, recordkeeping, administrative, and advisor fee benchmarking, Prism365 for advisor fee and service benchmarking, and RFP Express for generating custom quotes from recordkeepers.

Enterprise SoftwareFintechSaaS

Posterity Healthposterityhealth.com

HealthtechCentennial, US

Pamela Joy Pure(Chief Executive Officer)Barrett Edward Cowan(Director)Donald A Holzworth(Director)Dylan Lawrence Pure(Director)

BoardKyle Maierhofer(Director)Gerald M. McCarthy, Jr.(Director)

Prestaletspresta.comin

Presta is a platform that provides end-to-end loan process management, enabling users to originate, underwrite, close loans, send disbursements, and receive monthly payments.

FintechCleveland, US

RxSaveCardrxsavecard.comin

RxSaveCard offers a service that lets large self-insured employers and their employees access lower cash and discount card prices for prescription drugs without switching Pharmacy Benefit Managers, while maintaining ERISA fiduciary compliance.

Digital HealthFintechHealthtechHR TechChicago, US

Christopher Crawford(Executive Officer)Williams Evans(Director)Chris Crawford(CEO & Founder)inJace Mouse(CTO & President)

BoardShawn Ellis(Director)

Sagehellosage.comin

Sage provides care solutions designed to improve the lives of people needing care and their caregivers.

AI & Machine LearningDigital HealthHealthtech

Ellen Johnston(CPO & Co-founder)in

TrustLayertrustlayer.ioin𝕏Jan 2019

Brandon, US

John Fohr(Executive Officer)

Tuned

Customizable hearing benefit providing employees with holistic hearing health care.

Tuned Caretunedcare.comin

HealthtechNew York, US

Ofer Raz(Executive Officer)Danny Aronson(Executive Officer, Director)

BoardShawn Ellis(Director)

Wellthwellthapp.comin𝕏

Wellth helps individuals with chronic diseases develop positive behavioral habits that improve health outcomes and quality of life.

Digital HealthHealthtech

Matthew Loper(CEO)

Wingspanwingspan.appDec 2019

Wingspan provides a platform for businesses to automate the full lifecycle of managing flexible workforces, including onboarding, invoicing, payments, compliance, and benefits.

FintechFuture of WorkHR TechSaaSNew York, US

Anthony MironovGreg Franczyk

BoardShawn Ellis(Director)David Ulevitch(Director)Priya Saiprasad(Director)

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Distributed Ventures invest at?
Distributed Ventures invests at the Seed, Series A stages.
What is Distributed Ventures's typical check size?
Distributed Ventures typically writes checks of $1M – $5M.
What sectors does Distributed Ventures focus on?
Distributed Ventures focuses on Digital Health, Enterprise Software, Fintech, Healthtech, InsurTech, Mental Health, SaaS.
Where is Distributed Ventures located?
Distributed Ventures is headquartered in Chicago, US.
Does Distributed Ventures lead rounds?
Yes, Distributed Ventures leads investment rounds.

Media · Podcasts & interviews

featuring the team

Shawn Ellis from Distributed Ventures!

Digital Health Heavyweights · Shawn Ellis

Episode 11 : Shawn Ellis, Managing Partner at Distributed Ventures

Digital Health Heavyweights · Shawn Ellis

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Propel Venture Partners

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Stage 2 Capital

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American Family Ventures

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2 more co-investors

Boehringer Ingelheim Venture FundEsplanade Ventures

Firms observed investing alongside Distributed Ventures, from public investor directories. Shared companies are the overlap with Distributed Ventures's recorded portfolio.

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