🦊/Investors

Distributed Ventures

Venture capital

Chicago · Seed–Series A · 15 people tracked

Find your way into Distributed Ventures

2,696 people in our graph share verified history with the Distributed Ventures team — schools, employers, funds. One of them is your warm intro.

Tobi Cokerunlockedknows Hylton Irons · together at Morgan Stanley (overlapped)
knows the team · via Tabs
knows the team · via University of Chicago
×6knows the team · via Goldman Sachs
knows the team · via Northwestern University - Kellogg School of Management
knows the team · via McDonald's Corporation
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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 Sep 15, 2026.

Stage
Seed–Series A
Check
$1M – $5M
HQ
Chicago, New York, US
Leads rounds
Leads
Instruments
Equity
Founded
2018
Last 12 months
1 investment
AUM
$100M
VC funds
2
Tracked investments
30

Team · 15 people

from the firm's website & curated & public directories

What they invest in

from 22 of 30 portfolio companies

SaaS ×12Fintech ×8Healthtech ×8AI & Machine Learning ×7Digital Health ×7InsurTech ×7HR Tech ×4Consumer ×2

HQs:United States×15

Who they back

founder profiles across 15 portfolio companies
67%
solo founders
10 of 15 mapped founding teams
33%
repeat founders
of 21 founders with career history

Founding team size:solo founder×102 founders×23 founders×3

Where their founders studiedfrom 20 founders with education data

Emory University - Goizueta Business School ×2University of Michigan ×2

What their founders studiedfrom 16 founders with field-of-study data

Engineering ×5Economics ×4Finance & Accounting ×4Computer Science ×2

Where their founders worked beforefrom 21 founders with career history

Mercer ×2

3 hold an MBA (of 20 with degree data)

Investments · 30 tracked

founders shown can be your intro path

By year:2026 · 12024 · 12023 · 32022 · 22021 · 12019 · 22018 · 111 dated

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)in

Co-investorsInsurTech

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

Praveen Chekuri(Founder)in

Co-investorsBoxGroupFinancial Venture StudioMGV.VCNFPNycaNyca Partners+3 more

Axioaxio.comSeries A · Oct 2018 · $3M

Axio provides cyber risk quantification and analysis for enterprises, using an organization's own past, present, and target security posture to identify and prioritize control gaps.

CybersecurityEnterprise SoftwareSaaS

Co-investorsFin CapitalAccelElevation CapitalOmidyar Network IndiaPeak XV Partners

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 TechSaaSMcLean, US

Co-investorsNFPUpfront Ventures

CoverTreecovertree.comin𝕏Apr 2021

CoverTree provides insurance exclusively for manufactured homes, offering plans that can be purchased online with potential savings.

FintechInsurTechSaaSDetroit, US

RISHIE MODI(Executive Officer, Director)inDIVYANSH SHARMA(Executive Officer, Director)inAdarsh Rachmale(Founder)in

Co-investorsAV8 VenturesEverywhere VenturesNFPAnnox CapitalDetroit Venture PartnersLudlow Ventures+2 more

Cylindercylinderhealth.comin𝕏

Cylinder Health is a data-driven digestive health organization that develops value-based care programs, products, and payment models in the gastrointestinal space.

Digital HealthHealthtech

Bill Snyder(Founder & CEO)in

Co-investors7wire VenturesBig Pi VenturesCorewell Health VenturesFCA Venture PartnersHealth Catalyst CapitalSemperVirens Venture Capital+5 more

Focalmeetwithfocal.comin

Focal provides AI-powered meeting automation and workflow tools for financial advisors, automating pre-meeting preparation, note-taking, CRM data entry, and client onboarding tasks.

AI & Machine LearningFintechSaaS

Jerry Jihao Bai(Founder)in

Co-investorsNFPWischoff Ventures

Honeycombinsurancehoneycombinsurance.comin

Honeycomb Insurance is a team of insurance and AI experts building technology to simplify the real estate insurance process for better coverage discovery and pricing.

AI & Machine LearningInsurTechPropTech

Itai Ben-Zaken(Founder)in

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)in

BoardAlex Kolicich(Director)in

Co-investors500 Global8VC9Mile LabsBetter Tomorrow VenturesMenlo VenturesMerus Capital+2 more

Kai Healthkaihealth.aiinSeed · Jun 2026 · $5M

Kai Health builds technology to systematically prevent preventable medical errors, offering an Autonomous Performance Improvement platform aimed at helping health systems reduce liability, recover revenue, and drive continuous improvement.

AI & Machine LearningDigital HealthHealthtechSaaS

Hallie Woods Kosena(Chief Executive Officer, Accessum Health)

Co-investorsNFPIMM InvestmentSBVASmilegate InvestmentTranslink Investment

MARBLEmarblepay.com

Marble is a platform that helps customers manage and optimize their insurance policies by comparing quotes from multiple insurance providers and reducing costs.

ConsumerFintechInsurTechSaaSNew York City, US

Co-investorsBlue CollectiveFinTech VenturesMS&AD VenturesIA Capital Group

Originorigintherapy.com

Origin provides in-home pediatric speech, occupational, and physical therapy, connecting families with local licensed therapists and offering insurance-covered sessions.

Digital HealthHealthtechMarketplaces

Gabe Hart(Founder)in

Co-investorsNFPThe MBA FundAcadian Ventures Management, LlcFELIX CAPITALNotion Capital

Pillar Softwarepillar.hrin𝕏

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)in

BoardEric Tobias(Director)inScott Dorsey(Director)in

Co-investorsElevate VenturesService Provider CapitalHigh Alpha

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.cominSeed · Jul 2022 · $10M

Posterity Health is a US men's reproductive health provider offering male fertility evaluation, semen analysis, vasectomy, vasectomy reversal, hormone and sexual health care through fellowship-trained reproductive urologists and advanced practice providers.

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)

Co-investorsFCA Venture PartnersNFPSteelSky Ventures

Prestaletspresta.comin𝕏Seed · Mar 2023 · $3M

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

Peter Truog(Founder)in

Co-investorsMatchstick VenturesTechstarsZeal Capital PartnersThe Fund

RxSave Cardrxsavecard.cominPre-Seed · Aug 2024 · $2M

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

Chris Crawford(CEO & Founder)inJace Mouse(CTO & President)inWilliams Evans(Director)

BoardShawn Ellis(Director)in

Co-investorsRock HealthRock Health Capital

Sagesagehealth.comin

Sage Health provides a connected platform powered by AI that adapts to evolving care and technology requirements.

AI & Machine LearningDigital HealthHealthtechLongevityNew York City, US

Matt Lynch(CTO & Co-founder)inEllen Johnston(CPO & Co-founder)inRaj Mehra(CEO & Co-founder)in

Co-investorsIVP (Institutional Venture Partners)MaveronMerus CapitalP101 VenturesPLUS CapitalSummit Peak Investments

TrustLayertrustlayer.ioin𝕏Seed · Jan 2019 · $7M

TrustLayer offers a platform that automates the collection, storage, and verification of vendor compliance documents such as certificates of insurance (COIs), providing centralized tracking and audit trails.

AI & Machine LearningFintechGovTechInsurTechSaaSBrandon, US

John Fohr(Executive Officer)inVincenzo Acinapura(Founder)in

Co-investorsAbstract VenturesPropel Venture PartnersPruVen Capital PartnersSuffolk TechnologiesCraft VenturesGraham+3 more

Tunedtuned.comSeed · Feb 2023 · $4M

Tuned is a digital hearing health company offering employer-sponsored hearing care and AI-based self-fitting hearing aids.

Co-investorsNext Coast VenturesFirst Check Ventures

Tuned Caretunedcare.comin𝕏

Tuned offers online hearing health services for employers, providing screenings, virtual audiology consultations, and discounted or fully-covered hearing aids and related solutions across multiple plan tiers.

Digital HealthHealthtechWellness & FitnessNew York, US

Ofer Raz(Executive Officer)inDanny Aronson(Executive Officer, Director)in

BoardShawn Ellis(Director)in

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)in

Co-investorsComcast VenturesFCA Venture PartnersMercato PartnersNew York Life VenturesPortfoliaSignalFire+3 more

Wingspanwingspan.appin𝕏Dec 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 Mironov(Co-founder)inGreg Franczyk(Co-founder)in

BoardShawn Ellis(Director)inDavid Ulevitch(Director)inPriya Saiprasad(Director)in

Co-investorsAndreessen HorowitzSwift Ventures186 VenturesAsymmetric Capital PartnersGood FriendsLong Journey Ventures+3 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Armadillo Home SolutionsMarble Pay, Inc.401KplansCVRDHoneycombOrigin TherapyPillar

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

How many investments has Distributed Ventures made?
Distributed Ventures has 30 tracked investments, including 1 dated in the last 24 months.
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.
Who does Distributed Ventures co-invest with?
Distributed Ventures most often shares deals with NFP, FCA Venture Partners, Merus Capital, among 55 tracked co-investors.

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

Co-investors · 14

Craft Ventures

Craft Ventures is a venture capital firm run by a team of former founders, operators, and investors who partner closely with founders to help build and scale technology companies.

Both backed · 1
$50K – $50M
Menlo Ventures

Menlo Ventures is a venture capital firm that invests in transformative, early-stage AI companies across every layer of the modern AI stack, from applications and middleware to data infrastructure and foundation models.

Both backed · 1
$1M – $20M
Everywhere Ventures

Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.

Both backed · 1
$250K
Propel Venture Partners

Propel Venture Partners is an early-stage venture capital firm that backs founders building companies for the new economy.

Both backed · 1
$500K – $5M
Fin Capital

Fin Capital is an investment firm that backs B2B technology companies serving the financial services industry across the full company lifecycle.

Both backed · 1
$250K – $15M
Zeal Capital Partners

Zeal Capital Partners is an early-stage venture firm backing founders building companies across fintech, healthcare, and the future of learning and work, with a focus on closing gaps in wealth, health, and skills.

Both backed · 1
$250K – $2M
Esplanade Ventures

Canada's leading digital health venture capital firm investing in early-stage and high-growth technology companies transforming healthcare delivery across North America. The firm provides capital alongside hands-on operational guidance, commercial introductions, and go-to-market strategy support.

Both backed · 1
GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M
ACME Capital

ACME Capital is a venture firm that backs deep-tech founders combining technical ambition with decisive execution, supporting companies through every phase of growth.

Lightbank

Lightbank is a Chicago-based venture capital firm that invests in early-stage technology companies and provides operational support to portfolio companies. The firm was founded by Eric Lefkofsky and Brad Keywell, entrepreneurs behind Groupon, Mediaocean, InnerWorkings, Echo Global Logistics, and Uptake.

$500K – $5M
SuperAngel.Fund

SuperAngel.Fund is an early-stage venture capital fund investing in Consumer, PropTech, and Future of Work companies, primarily in the United States. It also operates a syndicate (SuperAngelSyndicate.com) allowing members to co-invest.

$25K – $250K
Stage 2 Capital

Stage 2 Capital is a venture capital firm backed by a network of go-to-market and revenue executives, focused on helping B2B software companies scale their revenue.

$200K – $4M
2 more co-investors

American Family VenturesBoehringer Ingelheim Venture Fund

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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