Recent Funding
Investors
Cleveland Avenue

Cleveland Avenue portfolio

Cleveland Avenue has 5 portfolio companies on record at Recent Funding.

Website: clevelandavenue.com.

Type: Venture capital.

Portfolio on Recent Funding: 5.

Deals, last 12 months: 0.

Rounds led: 2 of 5.

Capital in their rounds: $192M.

Latest deal: Eliyan · Mar 25, 2024.

About this page

It is a venture capital firm based in Chicago, US, founded in 2015. It led 2 of the 5 rounds it joined. Its most recent investment on record is Eliyan's $60M Series B+ round in March 2024, alongside Samsung Catalyst Fund, Mesh, Tiger Global Management and 2 others. By category, its portfolio leans toward Developer tools and cloud (3) and AI infrastructure and compute (2). It has co-invested with SK hynix, Romulus Capital and Tiger Global Management, most often SK hynix (2 rounds).

About Cleveland Avenue

Firm type: Venture capital.

Headquarters: Chicago, US.

Founded: 2015.

Stages: Seed, Series A.

Sectors: AgTech, AI & Machine Learning, Consumer, Creator Economy, FoodTech, Impact & Social Good, Robotics, SaaS, Sector Agnostic, Semiconductors.

Check size: $1M to $10M.

Leads rounds: Yes.

Portfolio companies: 92.

Exits: 1.

Rounds led: 0.

What Cleveland Avenue invests in

Developer tools and cloud · 3 · 60%
AI infrastructure and compute · 2 · 40%
HR and recruiting · 2 · 40%
Education · 2 · 40%
Logistics and mobility · 1 · 20%
Commerce and retail · 1 · 20%
AI agents · 1 · 20%
Health and bio · 1 · 20%

Cleveland Avenue recent investments

Company	Round	Date	Alongside
EEliyan	Series B+ · $60M	Mar 25, 2024	Samsung Catalyst Fund (lead), Mesh, Tiger Global Management (lead) +2
ZZerocater	Series B+ · $15M · lead	Feb 16, 2023	Romulus Capital
NNeuReality	Series A · $35M	Dec 6, 2022	Varana Capital (lead), OurCrowd (lead), XT Venture Capital (lead) +6
SSoul Machines	Series B+ · $70M	Feb 14, 2022	Liberty City Ventures, SoftBank Vision Fund (lead), Solasta Ventures +3
ZZerocater	Series B+ · $12M · lead	May 1, 2018	Struck Capital, Romulus Capital, Alumni Ventures

How Cleveland Avenue invests

Stage	Deals	Capital in rounds
Series B+	4 80%	$157M
Series A	1 20%	$35M

Year	Deals	Capital in rounds
2018	1 20%	$12M
2022	2 40%	$105M
2023	1 20%	$15M
2024	1 20%	$60M

Cleveland Avenue portfolio companies

EEliyan$60MSeries B+ · Mar 2024
ZZerocater$15MSeries B+ · Feb 2023
NNeuReality$35MSeries A · Dec 2022
SSoul Machines$70MSeries B+ · Feb 2022
BBear Roboticsbacker

Company	Round with Cleveland Avenue	Total raised	Latest raise
EEliyan AI infrastructure and compute	Mar 25, 2024 Series B+ · $60M	$295M	Jul 29, 2026 Series B+
ZZerocater HR and recruiting	Feb 16, 2023 Series B+ · $15M · lead	$32.6M	Feb 16, 2023 Series B+
NNeuReality AI infrastructure and compute	Dec 6, 2022 Series A · $35M	$63M	Mar 19, 2024 round
SSoul Machines AI agents	Feb 14, 2022 Series B+ · $70M	$77.5M	Feb 14, 2022 Series B+
BBear Robotics Health and bio	backer	$92M	Mar 14, 2022 Series B+

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-09, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 5 rounds on Recent Funding that name Cleveland Avenue. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Cleveland Avenue, which is a subset of its real portfolio. API: /api/v1/investors/cleveland-avenue (get a free API key). More: the most active VC firms and new venture capital funds.