Organization · Venture Capital
Chrysalis Ventures
Chrysalis Ventures is a venture capital firm based in Louisville, Kentucky, focusing on early-stage and growth investments in technology-enabled businesses, particularly in the healthcare and technology sectors.
Overview
What Chrysalis Ventures does
What Chrysalis Ventures is
Chrysalis Ventures is a venture capital firm based in Louisville, Kentucky, focusing on early-stage and growth investments in technology-enabled businesses, particularly in the healthcare and technology sectors.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 1993
- Approximate age
- About 33 years
- Structured capabilities
- Funder
- Last reviewed
- March 18, 2026
Official channels
Find Chrysalis Ventures elsewhere
Open the official website or a supported primary organization account.
Capability profile
Chrysalis Ventures as a funder
Investment thesis
Chrysalis Ventures focuses on investing in technology-enabled businesses across various industries, partnering with proven operators in underserved markets to drive organic growth and acquisitions.
Focus narrative
Chrysalis Ventures primarily targets established businesses that can generate between $1 million and $10 million in EBITDA. The firm has a strong preference for early-stage and expansion-stage companies that are already generating at least $1 million in revenue. Their investment strategy emphasizes fragmented industries where technology can enhance operations and facilitate growth through acquisitions, leveraging their expertise in predictive analytics and workforce technologies.
Value beyond capital
Chrysalis Ventures adds value to its portfolio companies by partnering with talented management teams and applying its expertise in predictive analytics and workforce technologies to optimize operations and drive growth.
Terms and economics
- Typical check
- $1,000,000–$10,000,000
Focus and fit
- Stages
- Seed · Series A · Series B · Growth Equity
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 70
- Recorded notable exits
- Appriss, Advanced Academics, and Tritel
Portfolio context
Chrysalis Ventures has invested in over 70 companies, including notable examples such as Appriss, which was sold to Bain Capital; Advanced Academics, sold to Devry; and Tritel, which merged with Telecorp and was sold to AT&T Wireless.
Common questions
What to know about Chrysalis Ventures
Upseed classifies Chrysalis Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 18, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.