About Dipalo Ventures
Dipalo Ventures is a venture capital firm founded in 2016. It is primarily based out of Chicago, United States. As of Oct 2025, Dipalo Ventures is an active investor, having invested in 12 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to High Tech and Life Sciences. Most recently it participated in the $***** Series B round of Throne Overall, Dipalo Ventures portfolio has seen 2 acquisitions, namely Jiobit and MITO Materials. A lot of funds co-invest with Dipalo Ventures, with names like Brentwood Associates sharing a substantial percentage of its portfolio. Dipalo Ventures has team of 20 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B & Seed
Portfolio Acquisitions
Dipalo Ventures' List of Top Investments
Dipalo Ventures has a portfolio of 12 companies. Their most notable investmentis in MITO MaterialsTheir portfolio spans across and United States. They have invested in Food and Agriculture Tech, High Tech, Life Sciences and 12 other sectors, across stages such as Series B, Seed stages. Here is the list of top investments by Dipalo Ventures:
1. Throne
Provider of a mobile app to find and book bathrooms. Its features include online booking, mapping tools, notification, rating tools, and touchless door opening tools. It also enables businesses to request private bathrooms. It is available on iOS and Android platforms.
Key facts about Throne
- Founded Year: 2020
- Location: Charlottesville (United States)
- Stage: Series B
- Total Funding till date: $51M
- Employee Count: 59 as on Aug 31, 2026
- Investors: Brentwood Associates, Rabil Ventures and 3 Others
- Latest Funding Round: Series B, Sep 02, 2026, $*****
- Highlight: Editors' Pick
2. Jiobit
GPS tracker for kids, pets, adults, and seniors safety. They offer live location tracking, departure and arrival notifications, and versatile wearing options. The product is designed to be kid-proof and durable, with long-lasting battery life and government-level data privacy. It provides real-time tracking, custom geofences, location sharing, and proximity alerts. The system includes a call for help feature and detailed location history. It's a personal security system with social sharing, geofencing alerts, and optional 24/7 call center access. The modular attachment system allows use with any collar or clothing. The product is suitable for families, providing peace of mind and connection to loved ones. The company offers a subscription-based service with a mobile app for iOS and Android. The website includes a shop with accessories and a login portal for account management.
Key facts about Jiobit
- Founded Year: 2015
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $18.9M
- Employee Count: 20 as on Sep 30, 2026
- Investors: MacDonald Ventures, Sandalphon Capital and 24 Others
- Latest Funding Round: Series A, Nov 19, 2018, $*****
- Highlight: Acquired
Manufacturer of hybrid polymer modifiers. They offer micron-sized hybridized graphene oxide and an epoxide POSS. These can increase durability, shed weight, and boost performance. These can be incorporated via dry powder and a shear dispersion and masterbatch in the polymer system. The products can be used in ester resins, Bisphenol A and Bisphenol F epoxies, and thermoplastics.
Key facts about MITO Materials
- Founded Year: 2018
- Location: Indianapolis (United States)
- Stage: Acquired
- Total Funding till date: $8.22M
- Employee Count: 4 as on Sep 30, 2026
- Investors: Elevate Ventures, HG Ventures and 12 Others
- Latest Funding Round: Seed, Jan 10, 2024, $*****
- Highlight: Acquired
4. Flora
Provider of plant identification, care guides, reminders, and community features. The platform helps users identify plants by scanning them or searching a database. It offers personalized care recommendations based on plant information. Users can track plant health, earn rewards, and connect with other plant enthusiasts.
Key facts about Flora
- Founded Year: 2020
- Location: Chicago (United States)
- Valuation: $*****
- Stage: Seed
- Employee Count: 14 as on Sep 30, 2026
- Investors: Dipalo Ventures, Arch Grants and 1 Other
- Latest Funding Round: Angel, Feb 21, 2024, $*****
Developer of a portable food allergen sensor for sample detection. The device allows users to test food samples for the presence of allergenic ingredients. It is designed to detect allergens at levels that could trigger reactions. The sensor pairs with an application to track results.
Key facts about Allergy Amulet
- Founded Year: 2016
- Location: Madison (United States)
- Stage: Series A
- Total Funding till date: $12.6M
- Employee Count: 24 as on Sep 30, 2026
- Investors: Foley Ventures, Incite and 18 Others
- Latest Funding Round: Series A, Aug 21, 2024, $*****
- Highlight: Editors' Pick
Dipalo Ventures' Year-on-Year Investment Trends
Dipalo Ventures has invested in 12 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Throne and most recent follow-on round was in Allergy Amulet.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 1 | 2 |
2020 | 2 | 0 | 2 |
Dipalo Ventures' Investments by Stage
Dipalo Ventures has made 3 investments in Series B stage with an average round size of $17.7M and 2 investments in Seed stage with an average round size of $2.15M.Stage of entry | No. of Investments |
|---|---|
Series B | 3 |
Seed | 2 |
Note: We have considered here, only first round of investments
Dipalo Ventures' Investments by Sector
Dipalo Ventures has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Semiconductors, Chemicals and Materials Tech and Consumer. Notably, it has invested in 10 Tech companies, 8 Enterprise (B2B) companies, 4 Consumer (B2C) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 4 |
Life Sciences | 2 |
Semiconductors | 2 |
Chemicals and Materials Tech | 1 |
Consumer | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Dipalo Ventures' Investments by Geography
Dipalo Ventures has made most investments in United States (5).Dipalo Ventures' recent investments
Dipalo Ventures has not made any investment in 2026 so far.Here are the most recent investments by Dipalo Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 15, 2025 | United States | Series B | 7771 | [+3] | |
May 10, 2022 | United States | Series B | 8911 | [+3] | |
Nov 17, 2021 | United States | Series B | 2132 | [+4] | |
Mar 29, 2021 | United States | Seed | 8413 | [+7] | |
Aug 31, 2020 | United States | Seed | 1759 | [+5] |
Acquired companies in Dipalo Ventures' Portfolio
2 companies from Dipalo Ventures' portfolio have been acquired. The most recent acquisition was MITO Materials in Jun 2026 by First Graphene for $*****.Here are Dipalo Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 25, 2026 | Aug 31, 2020 | Seed | 5515 | |
Apr 27, 2021 | - | - | 5915 |
Team profile of Dipalo Ventures
Dipalo Ventures has a team of 20 members including 1 Partner, 2 Venture Partners and 1 Principal located in United States. Dipalo Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Dipalo Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chicago | - | ||
Venture Partner | Lake Zurich | - | - | |
Venture Partner | Detroit | - | - | |
Principal | San Francisco | - | - |
Co-investors of Dipalo Ventures
Over the past 6 years, 42 investors have co-invested in Dipalo Ventures's portfolio companies. This includes funds and angels.
- Invested before Dipalo Ventures: National Science Foundation, Techstars and 12 others have invested in rounds before Dipalo Ventures. There are 2 companies where National Science Foundation has invested before Dipalo Ventures and 1 company where Techstars has invested before Dipalo Ventures.
- Top Co-investors of Dipalo Ventures: 21 investors entered a company along with Dipalo Ventures. These include investors like Brentwood Associates (1 company).
- Invested after Dipalo Ventures: A total of 7 investors have invested in Dipalo Ventures's portfolio after their investments. Top Investors include Ingevity (1 company), AllerFund (1 company) and Lightship Capital (1 company).
Recent News related to Dipalo Ventures
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Throne Labs Secures Initial Close of $15 Million Series B to Expand Smart Restroom Infrastructure Nationwideintelligence360•Nov 10, 2025•Throne, Uncorrelated Ventures, Rabil Ventures, Dipalo Ventures and 2 others
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Throne Labs Holds Initial Close of $15M in Series BFinSMEs•Oct 22, 2025•Throne, Uncorrelated Ventures, Rabil Ventures, Dipalo Ventures and 2 others
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Azumo Raises $30M in FundingFinSMEs•May 11, 2022•Azumo, Anzu Partners, SABIC Ventures, VectoIQ and 3 others
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Mito Material Solutions Raises £1M Seed FundingFinSMEs•Aug 31, 2020•MITO Materials, Dipalo Ventures, Evergreen Climate Innovations, CAV Angels and 5 others
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Allergy Amulet Nabs $3.3M To Launch World’s Smallest, Fastest Consumer Food Allergen SensorHIT Consultant•Aug 12, 2020•Allergy Amulet, TitletownTech, Microsoft, Great North Labs and 5 others
