Propellant Ventures is an early-stage venture capital firm based in Chicago, Illinois, founded in 2020. The firm focuses on investing in pre-seed and seed-stage companies operating in tech-enabled B2B industries such as healthtech, future of work, supply chain, fintech, IIoT, and edtech. With a strong emphasis on the Midwest region, Propellant Ventures aims to address the funding gap in underserved areas by supporting innovative startups with explosive growth potential.

The firm's investment approach includes initial investments ranging from $25,000 to $500,000, with a typical investment size of $100,000 to $500,000. Propellant Ventures also offers portfolio support across four pillars of growth: Network Expansion, Business Development, Talent Acquisition, and Funding Support.