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Propellant Ventures

Venture capital

Chicago · Pre-Seed–Seed · 3 people tracked

Find your way into Propellant Ventures

4,744 people in our graph share verified history with the Propellant Ventures team — schools, employers, funds. One of them is your warm intro.

Zhenyu Tangunlockedknows Hiral Chandrana · together at Electronic Data Systems (overlapped)
×7knows the team · via The Wharton School
×3knows the team · via University of Illinois Urbana-Champaign
knows the team · via Electronic Data Systems
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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 ×9AI & 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.comin

BUILTbyBackspace designs websites on Webflow for small businesses, focusing on conversion-driven design, search engine optimization, and manageable content systems.

Creator EconomyDigital HealthMarketing TechSaaSChicago, US

PartnerJason Jacobsohn· solo GP

Icons by Icons8icons8.comin𝕏

Icons8 is a design platform that provides a library of icons, illustrations, 3D models, and animations created by in-house teams of artists.

AI & Machine LearningCreator EconomySaaSSector Agnostic

Ivan

PartnerJason Jacobsohn· solo GP

Innovareinnovaresip.comin𝕏Aug 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

Fernando DeLeón(Founder)inNicholas Freeman(Executive Officer)Adrian DeLeon(Executive Officer, Director)

BoardMarcos Gonzalez(Director)

PartnerJason Jacobsohn· solo GP

Co-investorsCleveland AvenuePortfoliaTAWANI VenturesVamosVenturesChingona Ventures

Opportunistic North America Early Stageeeroq.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

Squarestacksquarestack.comin𝕏

SquareStack provides a platform that integrates multiple applications for small business owners into a single centralized system.

Data & InfrastructureEnterprise SoftwareSaaS

Bill Furlong(Founder and CEO)Frank Filippi(CTO)in

PartnerJason Jacobsohn· solo GP

Steadi AIsteadi.aiin

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.comin𝕏

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)inUriel Barillas(Executive Officer, Director)inJohn 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)in

PartnerJason Jacobsohn· solo GP

Co-investorsCleveland AvenueService Provider CapitalSixty8 CapitalLOUD CapitalRise of the Rest Seed

Underunder.ioin

Under provides identity verification and merchant onboarding solutions for payment processors, ISOs, and PayFacs.

AI & Machine LearningFintechSaaS

PartnerJason Jacobsohn· solo GP

Co-investorsService Provider CapitalStage 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(Co-founder & Design Fellow)inVlad Magdalin(Co-founder & Chief Innovation Officer)inBryant Chou(Co-founder)inLinda Tong(Chief Executive Officer)in

PartnerJason Jacobsohn· solo GP

Co-investorsAccelADQAltra VentureAmino CapitalAstellaBanyan Ventures+27 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 Service Provider Capital, Cleveland Avenue, Accel, among 43 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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