How many total Web 3.0 companies are there in Chicago?

As of August 2026, Chicago has 65 active Web 3.0 companies.

How many Web 3.0 companies in Chicago are funded?

As of August 2026, 38 companies have received funding in this sector.

What is the total funding raised by Web 3.0 companies in Chicago?

Web 3.0 companies in Chicago have collectively raised $660M in funding till date.

Who are the top investors in Web 3.0 companies in Chicago?

The top investors in Web 3.0 companies in Chicago by number of investments are CMT Digital and Sfermion.

Which is the highest funded Web 3.0 company in Chicago?

As of August 2026, Secret Network has raised $412M in funding, highest among the funded Web 3.0 companies in Chicago.

How many exits have occurred in Web 3.0 companies in Chicago?

Web 3.0 sector in Chicago has seen 5 acquisitions

List of 98 Web 3.0 Startups in Chicago, United States & Market Trends (Aug 2026)

1. Mode Mobile

Web3 platform with reward-based game NFTs. It provides games that are integrated into the Blockchain network, which enables players to trade in in-game assets. Its features include play-to-earn and engage platforms, games, and fan rewards.

Key facts about Mode Mobile

Founded Year: 2017
Location: Chicago (United States)
Stage: Seed
Total Funding till date: $4.29M
Investors: IU Ventures, Crux Capital and 12 Others
Latest Funding Round: Seed, May 19, 2025, $*****
Tracxn Score: 69/100 What is this?
Competitors Rank: 1 of 828 Competitors

2. Monad

Key facts about Monad

Founded Year: 2022
Location: Chicago (United States)
Stage: Seed
Total Funding till date: $19M
Investors: Dragonfly Capital, Animoca Brands and 12 Others
Latest Funding Round: Seed, Feb 14, 2023, $*****
Tracxn Score: 65/100 What is this?
Competitors Rank: 13 of 1,656 Competitors

View full list of companies in this sector

3. Metaplex

Online platform for developing NFTs marketplaces. It is an online blockchain-based marketplace to sell and buy in-game virtual items or goods. It is a decentralized platform built on the Solana blockchain, enabling the creation, sale, and management of programmable non-fungible tokens and digital assets.

Key facts about Metaplex

Founded Year: 2021
Location: Chicago (United States)
Stage: Series C
Total Funding till date: $46M
Investors: Jump Crypto, Multicoin Capital and 17 Others
Latest Funding Round: Series C, Jan 18, 2022, $*****
Tracxn Score: 60/100 What is this?
Competitors Rank: 11 of 2,650 Competitors

4. Secret Network

Provider of privacy-preserving smart contracts and confidential computing layer for Web3 and AI applications. It provides first mainnet blockchain with end-to-end encrypted smart contracts, enabling decentralized apps with institutional-grade data privacy through Trusted Execution Environments (TEE). It serves as Web3's confidential computing hub, supporting private tokens, bridges for token privacy across chains, scalable DeCC infrastructure, and emerging Secret AI layer for secure GPU/LLM workloads—featuring Merkle proofs, threshold encryption, EVM interoperability, and Cosmos SDK upgrades for cross-chain privacy applications.

Key facts about Secret Network

Founded Year: 2020
Location: Chicago (United States)
Stage: Series C
Total Funding till date: $412M
Investors: Alameda Research, DeFiance Capital and 18 Others
Latest Funding Round: Series C, Jan 19, 2022, $*****
Tracxn Score: 58/100 What is this?
Competitors Rank: 22 of 967 Competitors

5. Coinflow

Platform offering payment solutions to web3 companies. It allows businesses to accept traditional payment methods and payout their customers by going from cryptocurrency to USD in their traditional bank account. Its primary use case is helping games, NFT projects, wallets, and similar web3 products onboard non-crypto native customers with familiar, more traditional payment flows while it handles all of the infrastructure behind the scenes.

Key facts about Coinflow

Founded Year: 2022
Location: Chicago (United States)
Stage: Series A
Total Funding till date: $28.7M
Investors: Jump Crypto, Pantera Capital and 10 Others
Latest Funding Round: Series A, Oct 08, 2025, $*****
Tracxn Score: 57/100 What is this?
Competitors Rank: 4 of 625 Competitors

Access the full list of 98 Web 3.0 Startups in Chicago, United States

Companies founded year-on-year in the Web 3.0 sector in Chicago

1 new startup has been founded so far in 2026 in the Web 3.0 sector in Chicago. 16 Web 3.0 startups in Chicago were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	1
2025	-
2024	1
2023	10
2022	12
2021	11
2020	7
2019	3
2018	16
2017	14

Stage-wise distribution of Web 3.0 sector companies in Chicago

Out of the total 98 Web 3.0 companies in Chicago, 38 have secured funding. Among them, 11 have reached Series A or higher, and 8 to Series B or beyond.

Founded - 98

Funded - 38

Series A+ - 11

Series B+ - 8

Series C+ - 7

Company Stage	No. of companies
Founded	98
Funded	38
Series A+	11
Series B+	8
Series C+	7

Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more

Total funding year-on-year in the Web 3.0 sector in Chicago

The Web 3.0 sector in Chicago saw a total funding of more than $660M in the last 10 years. The most amount of funding was in 2022 at more than $478M. There has been a total funding of $500K in 2026 till date.

Total Funding

Year	Total Funding
2026	$500K
2025	$53.4M
2024	$27.3M
2023	$28.1M
2022	$478M
2021	$56.6M
2020	$3.15M
2018	$12.7M

Recent Funding Rounds in Web 3.0 in Chicago

In the year 2026, till January 2026, Web 3.0 companies in Chicago have raised $500K in equity funding across 1 round.

Here are some recent, important funding rounds in Web 3.0 companies in Chicago:

Company	Round Raised	Amount Raised	Funding Date	Investors
Ceres Coin	Seed	6122	Jan 15, 2026	-
Ostium	Series A	1044	Dec 03, 2025	General Catalyst and 4 more
Coinflow	Series A	6484	Oct 08, 2025	Pantera Capital and 5 more
Ceres Coin	Seed	4496	Jul 01, 2025	-
Mode Mobile	Seed	2059	May 19, 2025	Mercurius Media Capital

See a more detailed list of funding rounds

CMT Digital is the top investor in Web 3.0 companies in Chicago based on number of companies invested.

Here are some top investors in Web 3.0 companies in Chicago:

Investor	Location	Top Portfolio Companies
CMT Digital	Chicago (United States)	Coinflow, Evertas, Bloq and CoinFX
Sfermion	Chicago (United States)	-
Jump Crypto	Chicago (United States)	Metaplex, Coinflow and Ostium
Jump Capital	Chicago (United States)	-
Plug and Play Tech Center	Sunnyvale (United States)	Evertas

See a more detailed list of investors

In the year 2024, till July 2024, 1 acquisition happened in Web 3.0 sector in Chicago. Last year, in 2023, a total of 1 acquisition happened in Web 3.0 sector in Chicago.

Here are some recent, important acquisitions in Web 3.0 sector in Chicago:

Company	Acquisition Type	Acquisition Date	Acquirers
Block Mining	Business Acquisition	Jul 24, 2024	Riot Platforms
Bitsure	Business Acquisition	Jul 18, 2023	Evertas
DBL Digital	Business Acquisition	Nov 13, 2020	Galaxy
Exidio	Business Acquisition	Aug 22, 2018	Analyste
Glidera	Acqui-Hired	Dec 13, 2016	Kraken

See a more detailed list of acquisitions

Acquisition trends in Web 3.0 sector in Chicago

Here are the acquisition trends in Web 3.0 sector in Chicago:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	-
2024	1
2023	1
2022	-
2021	-
2020	1
2019	-
2018	1
2017	-

Companies founded by alumni from top colleges in the Web 3.0 in Chicago

Most number of Web 3.0 startups in Chicago have been founded by alumni from Duke University, Harvard University and Imperial College London.

College	No. of companies
Duke University	1
Harvard University	1
Imperial College London	1
Massachusetts Institute of Technology	1
University of Chicago	1
University of Pennsylvania	1
University of Waterloo	1

Total funding in Web 3.0 companies founded by alumni from top colleges in Chicago

In the last 10 years, Harvard University graduates' Web 3.0 companies in Chicago have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second.

College	Total Funding
Harvard University	$24M
Massachusetts Institute of Technology	$19M
Duke University	-
Imperial College London	-
University of Chicago	-
University of Pennsylvania	-
University of Waterloo	-