Chicago's emerging tech and VC ecosystem set new records for both startup funding and exit activity in 2020.Companies across the region raised a record $2.6 billion in fresh funding, while exits generated $2 billion in value.

This installment of Bridge Bank's Markets to Watch series unpacks the top trends that have defined a decade of considerable maturity for Chicago's VC ecosystem. Additionally, the report contains analysis of the momentum behind its sustained strength in 2021.

Read the full report to learn more details.


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Bridge Bank, a division of Western Alliance Bank, Member FDIC, helps business clients realize their ambitions. Founded in 2001 in Silicon Valley, Bridge Bank offers a better way to bank for small- to mid-market businesses across many industries, as well as emerging technology companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies, Bridge Bank delivers a broad scope of financial solutions including capital, equipment and working capital credit facilities, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and a full line of international products and services. Based in San Jose, Bridge Bank has 16 offices in major markets across the country along with Western Alliance Bank’s powerful array of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation, with approximately $50 billion in assets. Western Alliance is again #1 best-performing of the 50 largest public U.S. banks in the new S&P Global Market Intelligence listing for 2020 and ranks high on the Forbes “Best Banks in America” list year after year.

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