Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • Hospitality (& Events) • Media • Education • BioTech • AgroTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Advertising • Analytics • Developer tools • Food & Beverage • Local commerce • Logistics (& Distribution) • Material Science • Robotics • Aerospace (& Defense) • DeepTech • Healthcare (& Wellness) • Mobile • Mobility • Consumer |
Stages | Early, Seed, Series A, Pre-seed, Series B |
Investing | United States • Canada • India • Mexico • Switzerland • Israel • Europe • Luxembourg |
Investment Range | $1,000 - $5,000 |
Investment Sweet Spot | $2,000 |
Assets Under Management | $3,600,000,000 |
Promus Ventures is a venture capital investment firm headquartered in Chicago, Illinois, USA, with a focus on supporting early-stage companies across a wide array of industries. With $3.6 billion in assets under management, they target early, seed, and series A to series B funding stages, preferring investments between $1M to $5M, with a sweet spot of around $2M. The firm is interested in sectors such as Software (including Web Marketplace, SaaS), Hospitality & Events, Media, Education, BioTech, AgroTech, Business Solutions, FinTech & Financial Services, Hardware & Manufacturing, Energy, IoT & Wearables, CleanTech, A.I. & Big Data, HealthTech & Fitness, Advertising, Analytics, Developer Tools, Food & Beverage, Local Commerce, Logistics & Distribution, Material Science, Robotics, Aerospace & Defense, DeepTech, Healthcare & Wellness, Mobile, Mobility, and Consumer sectors. Promus Ventures prides themselves on supporting ambitious DeepTech founders who tackle complex problems to advance daily lives around the globe. They support innovative companies like Rocket Lab, a space company; WHOOP, a performance optimization platform; The Exploration Company, which develops orbital vehicles; Mapbox, which provides navigation technology; ICEYE, creator of the synthetic-aperture radar (SAR) satellite constellation; Halter, creator of GPS-enabled, solar-powered animal collars; Diligent Robotics, which builds robots for hospitals; Gauss Surgical, a blood loss analysis tool in operating rooms; Swift Navigation, offering precise positioning technology; and Cobalt Robotics, which makes indoor security robots. Promus Ventures takes a product and potential-focused approach, as evidenced by their varied and technologically advanced portfolio. The firm believes in the power of groundbreaking technologies to create transformative change in industries and in society as a whole.