Chicago Early Growth Ventures
Chicago, IL, 60611, US
Overview
Chicago Early Growth Ventures (CEGV) invests in early-stage startup companies, with a particular focus on Chicago-based entities.
- Total investments
- 9
- Lead investments
- 0
- Investments · 12mo
- 3
- Active investors
- 2
Sector focus
- Venture Capital
Investment portfolio
- Shower Stream
Participated · Seed · Jul 2026
Shower Stream builds a smart shower system designed for hotels to reduce water and energy waste while maintaining the guest experience. Its solution is intended to operate without requiring guests to change their behavior. The company has been deploying the technology commercially and is expanding those deployments. Shower Stream plans to use the new seed funding to grow its team and to continue improving its technology. The company’s fundraising and progress were featured in Hospitality Technology.
- Theta Neurotech
Participated · Seed · Mar 2026
Theta Neurotech is developing a non-invasive wearable EEG patch aimed at forecasting seizures. The company pivoted from a broader consumer "Fitbit for the brain" concept toward a medical wedge focused on epilepsy after identifying clinical demand and behavioral considerations for EEG wearables. Theta has raised $2 million in pre-seed funding to support device development, machine-learning research, and an exploratory clinical study. Co-founders Truman Pierson and Christopher Fitz lead the company. The market for seizure monitoring includes invasive and non-invasive competitors, but non-invasive seizure forecasting remains early-stage and challenging. Several rivals are running exploratory studies, and none have yet reached patients.
- SafeHill
Participated · Seed · Oct 2025
SafeHill, formerly known as Tacticly, develops a Threat Exposure Management platform that lets enterprises build Continuous Threat Exposure Management (CTEM) programs. Its flagship offering, SafeHill SecureIQ™, combines continuous asset discovery, automated threat-exposure assessments, and human-validated penetration testing to give security teams an always-on view of their risk posture. The platform’s AI-assisted ethical-hacking capabilities aim to help organizations remediate vulnerabilities before attackers can exploit them. Cofounded by Mike Pena, Nicholas Gonzalez, and Hector Monsegur, the company focuses on large enterprises that need real-time, continuous security validation rather than periodic audits. With fresh capital, SafeHill plans to expand its engineering team, deepen partnerships with enterprise security teams, and further enhance its AI-driven testing features. The recent $2.6 million pre-seed raise provides the company’s current financial runway and represents its first institutional funding round.
- Bonsai
Participated · Equity · Jul 2025
Bonsai has built a first-party marketing intelligence platform that ingests a brand’s own data and delivers unified business reporting, multi-touch attribution, marketing mix modeling, incrementality testing, budget forecasting, automated buying algorithms, and audience analytics in a single interface. The SaaS product integrates with more than 80 marketing and business systems, allowing brands to onboard quickly without the need for data engineers, tracking cookies, pixels, or custom code. By eliminating biased third-party conversion data, Bonsai gives marketers “extreme clarity” on what truly drives profitable growth. Early customers include 1-800-Flowers, Aspen Dental, Camping World, JSX, and Gabb Wireless, each using the tool to direct spend toward their highest-ROI channels. The Chicago-based company positions itself as a solution to the “measurement chaos” facing omnichannel marketers and claims it can automate incremental, profitable growth for consumer brands. Recent funding will be used to accelerate go-to-market expansion and further develop the platform’s capabilities. No revenue, user count, or other operating metrics were disclosed in the announcement.
- iAsk Ai
Participated · Seed · Oct 2024
iAsk is an advanced, free AI search engine that enables users to ask questions in natural language and receive instant, detailed answers. It uses transformer neural networks and reports top accuracy scores on gold-standard academic benchmarks, and the company says it delivers better results than ChatGPT, Google's Gemini, and Claude.ai. iAsk emphasizes accuracy and sourcing from authoritative content to avoid the back-and-forth typical of chatbots. Since launching last year, the platform has processed over 350 million searches and receives up to 1.5 million searches per day; the company is on pace to exceed half a billion searches by the end of 2024. iAsk has soft-launched an API for businesses and developers and reports a waitlist of more than 7,000 unique potential customers. The product was named Best Search Engine of 2024 by Slashdot.