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    AngelBacked
    ChicagoUpdated July 2026

    Top 15 Angel Investors in Chicago (2026)

    Chicago is home to 1,001 angel investors and VCs in the AngelBacked database. The most active — ranked below by number of disclosed portfolio investments — include Sanjiv Shah, Rachel Geller and Lilian Chen. Their portfolios concentrate in E-commerce, Health Care and Women Founded.

    1. 1
      Sanjiv ShahManaging Director at N/A
      96 portfolio investments

      Notable investments: National Cardiovascular Partners, Advance Health, Eaton, Genstar Capital

      Health CareHospitalsEmail
    2. 2
      Rachel GellerManaging Director at N/A
      96 portfolio investments

      Notable investments: CRED, Pollinate Networks, Restream, Pathlight

      Data IntegrationAsset ManagementE-commerce
    3. 3
      Lilian ChenVP of Operations at N/A
      96 portfolio investments

      Notable investments: Agenteur, Porter Road Butcher, Moova, Leap

      Health CareE-commercePayments
    4. 4
      Jason MehringManaging Director at N/A
      84 portfolio investments

      Notable investments: Acorns, Goldfinch Biopharma, Domo, Icelandic Glacial

      Health CareTelecommunicationsE-commerce
    5. 5
      Keith FreemanManaging Director at N/A
      82 portfolio investments

      Notable investments: Hortau, Danimer Scientific, PayIt, Glori Energy

      Health CareTelecommunicationsTransportation
    6. 6
      Maurice DoyleManaging Director at N/A
      82 portfolio investments

      Notable investments: Hortau, Danimer Scientific, PayIt, Glori Energy

      Health CareTelecommunicationsTransportation
    7. 7
      Connor RyanPartner at N/A
      80 portfolio investments

      Notable investments: KSQ Therapeutics, Noema Pharma, Quartet Health, Notarize

      Health CareE-commerceMedical Testing
    8. 8
      Lauren BugayManaging Director at N/A
      78 portfolio investments

      Notable investments: Figure, EKuaibao, Eaze, Kespry

      AdvertisingWearablesE-Learning
    9. 9
      William ConnellVice President and Controller at N/A
      78 portfolio investments

      Notable investments: Figure, EKuaibao, Eaze, Kespry

      AdvertisingWearablesE-Learning
    10. 10
      Mike BarryPrincipal at N/A
      78 portfolio investments

      Notable investments: Figure, EKuaibao, Eaze, Kespry

      AdvertisingWearablesE-Learning
    11. 11
      Tom CostelloSenior Partner at N/A
      78 portfolio investments

      Notable investments: Figure, EKuaibao, Eaze, Kespry

      AdvertisingWearablesE-Learning
    12. 12
      Bob GoldbergPresident at N/A
      77 portfolio investments

      Notable investments: Earnnest, Notarize, The Minte, Buil-Apps

      DiningHealth CareCommercial
    13. 13
      Paul SteinbergCTO at N/A
      75 portfolio investments

      Notable investments: Syntiant, INVIDI Technologies, Inside Secure, OpenCloud

      WearablesComputer VisionPublic Safety
    14. 14
      Brad McManusManaging Director at N/A
      75 portfolio investments

      Notable investments: Syntiant, INVIDI Technologies, Inside Secure, OpenCloud

      WearablesComputer VisionPublic Safety
    15. 15
      Tom GroosPartner at N/A
      75 portfolio investments

      Notable investments: CommSafe AI, Elroy Air, LicenseStream, Rune Labs

      DiningHealth CareWearables

    Methodology

    Investors are ranked by the number of disclosed portfolio investments recorded in the AngelBacked database of Chicago-based angels, VCs, and family offices. Rankings refresh as new investments are disclosed. Portfolio counts reflect publicly known deals and may understate an investor's full activity.

    Frequently Asked Questions

    Who is the most active angel investor in Chicago?

    Based on disclosed portfolio investments, Sanjiv Shah (N/A) is the most active angel investor in Chicago in our database, with 96 portfolio investments.

    How many angel investors are in Chicago?

    AngelBacked's database includes 1,001 angel investors and VCs based in Chicago. This page ranks the 15 most active by portfolio size.

    What sectors do Chicago angel investors fund?

    The most common sectors among Chicago's top angel investors are E-commerce, Health Care, Women Founded, Wearables and Messaging.

    How do I contact angel investors in Chicago?

    Each investor profile on AngelBacked includes verified contact details, portfolio companies, and sector focus. Warm introductions convert best, but a concise cold email referencing a relevant portfolio company also works — mention why your startup fits their investment pattern.

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    Browse All 1,001 Chicago Investors

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