VC  Chrysalis Ventures

     Office Locations:

101 South Fifth Street, Suite 1650
Louisville, KY 40202
Phone: 502-583-7644
Fax: 502-583-7648



  • Early
  • Expansion
  • Growth



  • Communications & Networking
  • Education & Training
  • Information Technology
  • Life Sciences & Healthcare
  • Media & Digital Media
  • Medical Device



    Founded in 1993, Chrysalis Ventures is a leading source of equity capital for young growth companies in the Midwest and South. Chrysalis invests primarily in early-stage and expansion-stage companies in healthcare services and technology. With headquarters in Louisville, Kentucky and offices in Cleveland, Houston, Pittsburgh, and Ann Arbor, Mich., Chrysalis has $400 million under management and has made investments in over 70 companies. Chrysalis rarely invests at the seed-stage and prefers to invest in companies that are already generating revenue in the $1 to $10 million range. The firm typically invests at least $2 million in the first institutional private equity financing in the form of a preferred security. Chrysalis will invest in later rounds of promising companies, up to a total of approximately $15 million in a single portfolio company. Chrysalis currently has investments in 20 states across the United States, but prefers to invest in the 'under-ventured' Midwest and South regions of the country.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Charlie Crawford Senior Analyst
    David A. Jones, Jr. Chairman and Managing Director
    Doug Cobb Partner
    Irving (Irv) W. Bailey Senior Advisor
    John Willmoth Venture Partner


    Recent Funding Events (trailing 12 months):










      Series C


    Portfolio companies include:

      Achieve CCA
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      bCatalyst Advisors
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      Construction Software Technologies
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      Edj Analytics
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      Foundation Radiology Group
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      Golden State Overnight Delivery Services
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      HCCA Holdings
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      Health Information Designs
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      Integrated Broadband Services
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      Intervention Insights
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      Lab Partners
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      Mobile Armor
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      NextImage Medical
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      Open Kernel Labs
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      Regent Education
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