Tribal Ventures

What is Tribal Ventures?

Tribal Ventures is a venture capital firm based in Chicago, Illinois, focusing on early-stage investments in the software, IT, and TMT sectors. They back companies within the ad-technology, mobile application, and television technology industries. The firm is known as Chicago's original tech startup fund, having a significant influence on the local entrepreneurial ecosystem.

Co-founder Alan Matthew, also a prominent figure in Technori Chicago, has invested in over 40 tech startups, indicating the firm's experience and commitment to the tech startup community. Tribal Ventures operates with a specific investment size, with both their minimum and maximum investment amounts set at $50,000, suggesting a targeted approach to funding.

They invest in a variety of innovative solutions, such as biodegradable products addressing women's health issues, augmented reality platforms, blockchain-based construction management software, and more. Other sectors in their investment portfolio include utility IT intelligence, secondary markets for crowdfunding assets, and connected hardware for wireless charging. Moreover, the firm shows a focus on social impact through investments in companies like Edovo, which provides educational and self-improvement tools to incarcerated individuals, and Azadi, tackling menstrual health and economic empowerment for women.

They also show interest in different aspects of consumer engagement and networking, evident from investments in businesses specializing in digital collectibles, peer-to-peer transactions, textbook rentals, job training, and placement software.