Empowering the Next Generation of Innovators
Multimodal Ventures is a Chicago based seed-stage fund focused on investing in Y Combinator backed startups.
We identify the best opportunities in the startup ecosystem with a unique mix of quantitative trading, technological development, and founder / builder experience, blended with a proprietary AI powered algorithm to enable smarter, data-driven decisions.
Our Mission
To consider every YC startup's unique opportunity across a diverse group of emerging founders and invest in what matters most. We will back the best of the best, who we believe can lead and shape their industry while leaning in to assist & support the growth of their businesses
Our Vision
To become a leading venture capital fund that delivers our network of LP's significant returns through a diverse portfolio of successful businesses
Portfolio Companies
We’re proud to support these groundbreaking startups. Explore some of the companies we've backed
Team Behind Multimodal
Jeff Heitzman
Co-founder and General Partner at Multimodal, Jeff is our lead investor. An accomplished career quant trader and former Chicago Trading Company partner with a passion for innovation, he’s been an angel investor since 2014 with over 500 startups, 150+ YC participants, and 20+ unicorns in his portfolio.
Niraj Shah
Co-founder and General Partner at Multimodal, Niraj is our head of technology and the brains behind our proprietary platform “Midas”. A former partner at Chicago Trading Company with a Chicago Booth MBA, he excels at scaling businesses with technology and has advised several startups and PE backed companies.
Ryan Havlick
Our Venture Partner Ryan is a serial entrepreneur, developer and hacker who recently sold his health tech software company after a 20 year growth arc. Passionate about building, coding, crypto, blockchain, and robotics, he is our resident “MacGyver” who thrives on finding ways to tinker with startup products.