Mindstate Ventures
Mindstate Ventures is a Seed venture capital firm based in Chicago, IL investing in Other. The firm typically writes $250K–$3.0M checks and has 2 portfolio companies in our records.
- Check size
- $250K–$3.0M
- Portfolio
- 2 companies on record
- Partners
- 3 listed
- Stage
- Seed
- Sectors
- Other
- HQ
- Chicago, IL
- AUM
- Not in our records
Last verified: 2026-05-25
Seed
$250K – $3.0M
2+ companies
3 partners
Investment Thesis
Invests in emerging technologies addressing mental health challenges with a strong preference for innovative, AI-driven platforms.
How Mindstate Ventures invests
Mindstate Ventures is a vc firm based in Chicago, IL. The firm invests at the Seed stage, with a focus on Other. It does not invest in Consumer Goods.
Mindstate Ventures typically writes checks of $250K–$3.0M per investment.
Mindstate Ventures has backed 2 companies in our records, including MoodAI, Insightly.
Partners & Team
Dillan DiNardo
General Partner
Biotechnology investor and operator with a background in venture capital. Previously worked in a $1 billion venture fund managing more than fifty biopharma, medical device, and health tech investments from pre-seed to public companies, and took operating roles in over a dozen early-stage spinouts.
David Miller
Managing Partner
Michael Hoyos
Head of Business Development
Investor and operator focused on frontier therapeutics with a background in venture capital, private equity, and consulting. Previously worked at McKinsey & Company, co-founded an early-stage venture firm investing in novel CNS therapeutics, and led an advisory firm managing direct private equity portfolios.
Industry Focus
Invests In
Does Not Invest In
Portfolio Companies (2)
Other
MoodAI
Insightly
- •Raising at Seed? You're squarely in their sweet spot.
- •Lead with your fit in Other — the sectors they actively back.
- •Size your ask to their typical $250K – $3.0M check.
- •cold outreach ok
- •Address your outreach to a specific partner, such as Dillan DiNardo, General Partner.
- •A warm introduction beats a cold email. Get matched and request an intro.
Featured In
Browse More Investors
Fundraising resources
Frequently Asked Questions
See if Mindstate Ventures is a match for your startup
Upload your pitch deck to see how well you match with Mindstate Ventures and 10,000+ other investors.
Is this your profile? Request a correction or removal