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    Motivate Venture Capital

    Chicago, Illinois, United StatesFounded 2019

    Motivate Venture Capital is a Chicago-based early-stage venture capital firm investing in pre-seed and seed-stage startups across the US and Canada. The firm focuses on fintech (broadly defined), vertical AI, and enterprise/industrial software, typically serving as the first professional capital in a company's lifecycle.

    36% of their portfolio is in Fintech. Deal activity increased 33% year-over-year (4 deals in the last 12 months). Their most common stage is seed (45% of deals). Average disclosed round size is $8.7M (across 42 rounds with reported amounts).

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    Portfolio

    37

    Fund Size

    $81M

    Top Stage

    Seed

    Last 12 Mo

    4

    Team

    DW

    David Wieland

    Founder & Managing Partner

    LD

    Lauren Deluca

    Founder & Managing Partner

    Andy Will

    Andy Will

    General Partner

    Jackson Bubala

    Jackson Bubala

    Partner

    Bonnie Kearns

    Bonnie Kearns

    Chief Operations Officer

    Courtney Trunk

    Courtney Trunk

    Head of Platform

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    47 investments
    CompanyRoundAmountDate
    Rowan logoRowanSeed$3.3MMar 2026
    Ammobia logoAmmobiaSeed$7.5MJan 2026
    Cyphlens logoCyphlensSeed$3.8MDec 2025
    VeroSkills logoVeroSkillsSeries A$5.3MOct 2025
    Obviant logoObviantSeries A$7.1MJun 2025
    Telgea logoTelgeaUnknown—Apr 2025
    UpWell logoUpWellSeed$6.5MFeb 2025
    Upwell logoUpwellSeed$6.5MFeb 2025
    UpWell logoUpWellSeed$6.5MJan 2025
    NNmbrSeed—Jan 2025
    Upwell logoUpwellSeed$6.5MJan 2025
    NetNow logoNetNowPre-Seed$1.8MSep 2024
    HubiFi logoHubiFiSeed$2.5MAug 2024
    Wilya logoWilyaSeed$4MJun 2024
    Gig and Take logoGig and TakeSeed$4MJun 2024
    Wilya logoWilyaSeed$4MJun 2024
    iink logoiinkSeries A$12MOct 2023
    Finofo logoFinofoPre-Seed$1.3MAug 2023
    Architect Financial Technologies logoArchitect Financial TechnologiesPre-Seed$5MJan 2023
    Architect Financial Technologies logoArchitect Financial TechnologiesSeed$5MJan 2023
    Telegraph logoTelegraphSeries A$10.1MDec 2022
    Klover logoKloverSeries B$25MNov 2022
    Banyan logoBanyanSeries A$43MOct 2022
    Banyan logoBanyanSeries A$43MOct 2022
    Surebright logoSurebrightPre-Seed$2.5MAug 2022
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    Last updated: 20 October 2026