Illinois Venture Capital Association

Name

Illinois Venture Capital Association

Legal name

Illinois Venture Capital Association

Website

https://illinoisvc.org

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: IVCA generates revenue primarily through annual membership dues from investor firms, service provider firms, and academic institutions. Membership dues range from $2,500 to $12,000 annually depending on firm type, assets under management, and membership level.
2. Event Sponsorships: Sponsoring Members provide significant financial support through enhanced and premier membership tiers, as well as event sponsorships for the Annual Awards Dinner and Invitational Golf Event.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

The Illinois Venture Capital Association is a nonprofit state trade association that represents the Illinois venture capital and private equity industry. Its core offering is membership-based industry representation: investor firms and service-provider firms pay annual dues to access a member directory, networking events, talent pipeline programs, and unified advocacy on state policy affecting the industry. Auxiliary offerings include the IVCA-PAC for political advocacy, the IVCA Scholars Program for university talent development, and flagship events such as the Annual Awards Dinner, CFO Summit, and Invitational Golf Event.

Product overview

The Illinois Venture Capital Association (IVCA) is a professional industry association that does not offer technology products or software services. Its offerings consist of membership programs (for investor firms and service provider firms), networking events (Annual Awards Dinner, CFO Summit, Invitational golf event), educational initiatives (IVCA Scholars Program), and advocacy services (IVCA-PAC legislative advocacy).

Differentiator

Problem solved

Functional benefit

Brands

• IVCA-PAC: The political action committee component of IVCA that supports pro-entrepreneurial public policy through political contributions to Illinois General Assembly candidates.
• IVCA Scholar Program
• IVCA Invitational
• IVCA Annual Awards Dinner

Products and services

• IVCA Membership — Investor Firms Annual membership tier for venture capital and private equity investor firms (in-state and out-of-state) that provides access to the IVCA membership directory, networking events, the IVCA Scholars Program, advocacy representation, and the bi-weekly e-newsletter.
• IVCA Membership — Service Provider Firms Annual membership tier for law firms, accounting firms, consulting firms, banks, and other professional service providers serving the Illinois VC/PE industry, providing directory listing, networking access, and event sponsorship opportunities.
• IVCA Annual Awards Dinner Annual industry awards dinner that recognizes leading venture capital and private equity professionals, portfolio companies, and lifetime contributors in Illinois. Open to members and sponsors.
• IVCA Invitational Golf Event Annual invitational golf event that serves as a networking and relationship-building outing for IVCA members and event sponsors.
• IVCA CFO Summit Specialized summit event designed for the CFO and finance leadership community of IVCA member firms, focused on industry-specific operational and financial topics.
• IVCA Scholars Program Talent pipeline program partnering with Illinois universities (UIUC, Northwestern, Loyola, Depaul, University of Chicago) to develop and connect students with career opportunities in the Illinois venture capital and private equity industry.
• IVCA-PAC (Political Advocacy Committee) Political action committee that advocates on behalf of the Illinois VC/PE industry with state legislators and policymakers on issues affecting venture capital and private equity activity.
• IVCA Membership Directory Online, member-only directory of IVCA investor firms and service provider firms, used by members for referral, sourcing, and relationship access.
• IVCA Bi-Weekly E-Newsletter Recurring bi-weekly email newsletter sent to members and industry contacts with industry news, event information, and member updates.

Quantifiable outcome

• 900+ Illinois companies backed by IVCA members
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core.

• National Venture Capital Association (NVCA)coreStrategic or Co-development PartnerIVCA works closely with national trade associations including NVCA. The organizations collaborate on industry advocacy, sharing knowledge on federal policy issues, and hosting joint events such as the IVCA Spring Event Featuring the NVCA.
• American Investment Council (AIC)coreStrategic or Co-development PartnerIVCA connects members to the American Investment Council, a national organization focused on private equity advocacy and research.
• Small Business Investor Alliance (SBIA)coreStrategic or Co-development PartnerIVCA connects members to SBIA for small business investment company program information and advocacy support.
• Heizer Center for Private Equity and Venture Capital, Kellogg School of Management, Northwestern UniversitycoreStrategic or Co-development PartnerAcademic member providing research and educational resources. Kellogg faculty participate in IVCA events and programs, contributing to industry knowledge development.
• University of Chicago Booth School of BusinesscoreStrategic or Co-development PartnerAcademic member providing research and educational resources. Chicago Booth faculty and students participate in IVCA programs and events.
• University of Illinois - College of Business / Office of the Vice President for ResearchcoreStrategic or Co-development PartnerAcademic member providing research and educational resources. UIUC contributes to IVCA talent pipeline through the Scholars Program.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Institutional Limited Partners Association: Member association for limited partners in private equity and venture capital. Comparable to IVCA as a PE/VC ecosystem trade body, with a focus on institutional investors and best practices rather than state-level policy advocacy.
• National Venture Capital Association: National trade association for the U.S. venture capital industry. Directly comparable to IVCA in mission and member services (advocacy, events, talent development), but operating at a federal/national scale rather than a single state.
• American Investment Council: National advocacy organization for the private equity industry. IVCA already connects members to AIC for federal advocacy, and both organizations share the same core mission of representing PE/VC interests in policy and public discourse.
• Small Business Investor Alliance: National association representing lower middle-market private equity, private credit, and SBIC investors. Directly comparable to IVCA as a PE/VC industry association, with overlapping focus on policy advocacy and member services.

Direct peers

• Texas Venture Capital Association: State-level trade association for the venture capital and private equity industry in Texas. Structurally identical to IVCA — membership dues, advocacy, events, talent pipeline — but serving a different state.
• New York Venture Capital Association: Trade association for the venture capital and private equity industry in New York. Closely comparable to IVCA in structure, member types, and service offering (advocacy, networking, events), differing primarily by geography.
• New England Venture Capital Association: State/regional trade association representing the venture capital and private equity community in New England. Highly comparable to IVCA — same structure (membership dues, advocacy, events, talent programs), serving a different U.S. region.
• Georgia VC Association (and other state PE/VC associations): State-level venture capital and private equity trade associations across the U.S. (e.g., Georgia, Florida, Carolinas). Directly comparable to IVCA in operating model, with each serving a different state PE/VC ecosystem.

Regional players

• California Venture Capital Association: Association serving the venture capital and private equity community in California. Functions as a state-level PE/VC industry association analogous to IVCA, focused on the largest U.S. PE/VC market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ivcaillinois
• LinkedInlinkedin.com/company/ivca

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Illinois Venture Capital Association