UT

Utility Ventures

VC
Chicago, ILWebsite

Utility Ventures is a Seed venture capital firm based in Chicago, IL investing in Other, SaaS. The firm typically writes $1.0M–$5.0M checks and has 5 portfolio companies in our records.

Check size
$1.0M–$5.0M
Portfolio
5 companies on record
Partners
2 listed
Stage
Seed
Sectors
Other, SaaS
HQ
Chicago, IL
AUM
Not in our records

Last verified: 2026-08-26

How to approach: warm intro preferred
Stage

Seed

Check Size

$1.0M – $5.0M

Portfolio

5+ companies

Team

2 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Invests in innovative technology for the energy and utilities sector, with a strong SaaS component.

How Utility Ventures invests

Utility Ventures is a vc firm based in Chicago, IL. The firm invests at the Seed stage, with a focus on Other, SaaS. It does not invest in Healthcare, Retail.

Utility Ventures typically writes checks of $1.0M–$5.0M per investment.

Utility Ventures has backed 5 companies in our records, including EnergySim, Utility, National Grid Partners.

Partners & Team

KL

Kevin Lee

Founding Partner

Energy
Software
ET

Expert team of engineers

Engineer

electrical testing
industrial plants
large commercial facilities

Industry Focus

Invests In

Other
SaaS

Does Not Invest In

Healthcare
Retail

Portfolio Companies (5)

Other

EN

EnergySim

Energy & Utilities
UT

Utility

Technology Services·N/A

A New York-based digital product and mobile app development agency.

NA

National Grid Partners

Energy·N/A

Corporate venture capital arm of National Grid.

NE

NextEra Energy Investments

Energy·N/A

Corporate venture capital arm of NextEra Energy.

DU

Duke Energy

Energy·N/A

Energy company with corporate venture capital activities.

How to pitch Utility Ventures
  • Raising at Seed? You're squarely in their sweet spot.
  • Lead with your fit in Other, SaaS — the sectors they actively back.
  • Size your ask to their typical $1.0M – $5.0M check.
  • warm intro preferred
  • Address your outreach to a specific partner, such as Kevin Lee, Founding 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 Utility Ventures is a match for your startup

Upload your pitch deck to see how well you match with Utility Ventures and 10,000+ other investors.

Is this your profile? Request a correction or removal