Fundraising Fox

Propellant Ventures

Venture capital

Chicago · Pre-Seed–Seed · 3 people tracked

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Investment thesis

Propellant targets experienced founders and teams building B2B companies with demonstrated product-market fit in the Midwest. The firm focuses on pre-seed and seed-stage investments in underserved regions, with particular interest in established industries like healthcare, logistics, insurance, fintech, and edtech. While the Midwest is the primary focus, the firm will evaluate exceptional opportunities in other geographies at various stages of development.

Source: firm website, verified Aug 6, 2026.

Stage
Pre-Seed–Seed
HQ
Chicago
Instruments
Equity
Founded
2020
Tracked investments
10

Team · 3 people

from the firm's website & public directories

What they invest in

from 10 of 10 portfolio companies

SaaS ×8AI & Machine Learning ×5Enterprise Software ×4Creator Economy ×2Fintech ×2Logistics & Supply Chain ×2Marketing Tech ×2Data & Infrastructure ×1

HQs:United States×4

Investments · 10 tracked

founders shown can be your intro path
built with bybuiltbybackspace.com

BUILTbyBackspace is a digital consultancy of designers, developers, and branding specialists offering web design and development, visual design, user experience strategy, product launch strategy, and branding.

Creator EconomyMarketing TechChicago, US

PartnerJason Jacobsohn· solo GP

EeroQeeroq.comin

EeroQ is building quantum computers using single electrons trapped on superfluid helium and standard CMOS chip fabrication, aiming for a scalable large-scale quantum computer based on the electrons' magnetic spin states.

Deep TechHardwareQuantum Computing

Nick Farina(CEO)inDavid Ferguson(Co-Founder)in

PartnerJason Jacobsohn· solo GP

Co-investorsB Capital GroupB4 CapitalCalibrate Ventures

Icons by Icons8icons8.com

Icons8 offers a library of stock design graphics — icons, illustrations, photos, 3D models, and music — alongside design apps and AI tools such as background removal, image upscaling, and AI-generated profile pictures.

AI & Machine LearningCreator EconomySaaS

PartnerJason Jacobsohn· solo GP

Innovareinnovaresip.cominAug 2021

Innovare offers Inno, a strategic intelligence platform for schools that connects data sources such as attendance, assessment, and student support into one workspace.

AI & Machine LearningEdTechSaaSChicago, US

Nicholas Freeman(Executive Officer)Fernando DeLeon(Executive Officer, Director)Adrian DeLeon(Executive Officer, Director)

BoardMarcos Gonzalez(Director)

PartnerJason Jacobsohn· solo GP

Co-investorsCleveland AvenuePortfoliaTAWANI VenturesVamosVenturesChingona Ventures

Squarestacksquarestack.com

SquareStack is a SaaS platform that connects a small business's various software apps and data into a single dashboard with real-time KPIs, reporting, and an app marketplace.

Data & InfrastructureEnterprise SoftwareSaaS

PartnerJason Jacobsohn· solo GP

Steadi AIsteadi.ai

Steadi is an AI-driven platform for logistics teams that combines freight rate management, root-cause cost analysis, and automated workflows to identify where operational freight spend is slipping and prevent budget overages.

AI & Machine LearningLogistics & Supply ChainSaaS

PartnerJason Jacobsohn· solo GP

Co-investorsConnetic VenturesService Provider CapitalHyde Park Angels

Stratafoliostratafolio.comin

STRATAFOLIO offers investor management software that gives commercial real estate organizations a consolidated view of investor activity, tracking which investors backed which legal entities, amounts invested, timing, and metrics such as Cash-on-Cash Return.

Enterprise SoftwareFintechPropTechSaaSCedar Rapids, US

Jeri Frank(Executive Officer, Director)Uriel Barillas(Executive Officer, Director)John Courtney(Director)

PartnerJason Jacobsohn· solo GP

Co-investorsInnoventures IowaISA Ventures

SupplyHivesupplyhive.comin

SupplyHive is a supplier performance and relationship management platform that provides supplier scorecards, KPI tracking, 360° reviews, segmentation, and AI-powered summaries.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaS

Mike Anguiano(Founder)

PartnerJason Jacobsohn· solo GP

Co-investorsCleveland AvenueSixty8 Capital

Underunder.ioin

Under.io offers two onboarding platforms: Under Verify provides API-based identity verification, fraud detection, and automated underwriting decisions, and Under Merchant Onboarding provides templates and multi-processor routing for merchant placement.

AI & Machine LearningFintechSaaS

PartnerJason Jacobsohn· solo GP

Co-investorsStage 2 CapitalTamiami AngelLOI Venture

Webflowwebflow.comin𝕏

Webflow is a visual content management system and web design platform that enables creative teams to build, design, and publish brand-forward websites without heavy reliance on developers.

Developer ToolsEnterprise SoftwareMarketing TechSaaSSan Francisco, US

Sergie Magdalin(Founder/CPO)inVlad Magdalin(Founder)inBryant Chou(Co-founder)in

PartnerJason Jacobsohn· solo GP

Co-investorsAccelADQAltra VentureAmino CapitalBeyond CapitalBlack Angel Group+25 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Propellant Ventures made?
Propellant Ventures has 10 tracked investments.
What stage does Propellant Ventures invest at?
Propellant Ventures invests at the Pre-Seed, Seed stages.
What sectors does Propellant Ventures focus on?
Propellant Ventures focuses on EdTech, Fintech, Future of Work, Healthtech, InsurTech, Logistics & Supply Chain.
Where is Propellant Ventures located?
Propellant Ventures is headquartered in Chicago.
Who does Propellant Ventures co-invest with?
Propellant Ventures most often shares deals with Cleveland Avenue, Accel, B Capital Group, among 41 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investor Connect - Episode 278 - Jason Jacobsohn of Propellant Ventures

Hall Martin · Jason Jacobsohn

Investor Connect - 752 - Jason Jacobsohn of Propellant Ventures

Hall Martin · Jason Jacobsohn

Startup Fundraising & Networking Fundamentals | Jason Jacobsohn, Founder, Propellant Ventures

Halo Consulting · Jason Jacobsohn

US MidWest Startup Ecosystem (by Jason Jacobsohn. Propellant Ventures)

Go Global World · Jason Jacobsohn

What's New in Remote Networking? Jason Jacobsohn of Propellant Ventures

OPSQC INC · Jason Jacobsohn

OPSQC Podcast 004 Jason Jacobsohn of Propellant Ventures VC Firm

OPSQC INC · Jason Jacobsohn

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