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UL Ventures, VC Fund

UL Ventures

VC Fund

Northbrook, United States

UL Ventures is a VC fund in Northbrook focused on Software and Analytics. UL Ventures is the venture investment and acceleration arm of UL. UL is a premier global independent safety science company that has championed progress for more than 120 years. Its 14,000 professionals are guided by the UL mission to promote safe working and living environments for all people. UL uses research and standards to continually advanceand meet ever-evolving safety needs. We partner with businesses, manufacturers, trade associations and international regulatory authorities to bring solutions to a more complex global supply chain.

Total investments:
23
Last investment:
Lead investor:
4%

Last updated:

Industries UL Ventures invests in

SoftwareAnalyticsMachine LearningArtificial IntelligenceAutonomous Vehicles

Stages UL Ventures invests in

Series ASeries BSeedFunding RoundSeries C

Countries UL Ventures invests in

United StatesIsraelFrance

Contacts

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Investment Focus

Industry

  • Software 11 (48%)
  • Analytics 6 (26%)
  • Machine Learning 6 (26%)
  • Artificial Intelligence 5 (22%)
  • Autonomous Vehicles 3 (13%)
See all 55 industries →

Stage

  • Series A 5 (22%)
  • Series B 5 (22%)
  • Seed 4 (17%)
  • Funding Round 2 (9%)
  • Series C 1 (4%)
See all 8 stages →

Country

  • United States 14 (61%)
  • Israel 2 (9%)
  • France 1 (4%)

Team

NameTitleInvestmentsLinksEmail
Dennis Chang
Dennis Chang Analyst
Analyst Total investments: 0
Find email
Bob Sung
Bob Sung Alliances & Innovations Manager
Alliances & Innovations Manager Total investments: 0
Find email
Christopher Park
Christopher Park Investment Director
Investment Director Total investments: 1
Find email
Karl Albrecht
Karl Albrecht Finance & Operations Manager
Finance & Operations Manager Total investments: 0
Find email
Melissa Albrecht
Melissa Albrecht Director, Science and Operations
Director, Science and Operations Total investments: 0
Find email
See all 9 team members →

Investments

CompanyDescriptionRoundLinks
SkySpecs SkySpecs
SkySpecs automates the inspection, diagnostics, and maintenance of utility scale wind turbines with custom autonomous drones. The company develops an affordable form of energy, through the use of an automated drone inspection service and analytics platform that allows for repeatability, high-quality data, and safer inspections.SkySpecs wasfounded on 2012 and is based in Ann Arbor, Michigan. $80M / Series D / May 10, 2022
Little Cigogne Little Cigogne
Little Cigogne is reinvents the shopping experience for children. $11.3M / Venture - Series Unknown / Nov 26, 2021
Kyndi Kyndi
Kyndi's Natural Language-powered platform helps organizations find answers in unstructured, text-based data at unparalleled speed. $34.7M / Series A / Aug 10, 2021
Aurora Labs Aurora Labs
Aurora Labs is pioneering the use of Software Intelligence to solve the challenge of automotive software development. Created using Aurora Labs' Line-Of-Code Intelligence™, the Automotive Software Intelligence (ASI) solution collects granular and actionable data from complex automotive systems, applying AI to enable software transparency andmanagement. Aurora Labs' ASI solution detects and validates changes in the software lines-of-code for OTA updates, and analyses dependencies and software behaviour to enable predictive software maintenance throughout the vehicle lifecycle. Aurora Labs provides automotive development teams unique tools to roll out new technologies and services on time and on budget.Aurora Labs, founded in 2016, has raised $34m and has been granted dozens of patents. Aurora Labs has customers around the world and is headquartered in Tel Aviv, Israel, with offices in Germany, North Macedonia, and the US. $23M / Series B / Sep 22, 2020
Enduvo Enduvo
Enduvo is a computer software company that specializes in the fields of virtual reality, education, and medical simulation. The company enables anyone to create, distribute, and consume rich, interactive, virtual experiences. $4M / Seed / Jul 15, 2020
SkySpecs SkySpecs
SkySpecs automates the inspection, diagnostics, and maintenance of utility scale wind turbines with custom autonomous drones. The company develops an affordable form of energy, through the use of an automated drone inspection service and analytics platform that allows for repeatability, high-quality data, and safer inspections.SkySpecs wasfounded on 2012 and is based in Ann Arbor, Michigan. $17M / Series C / Dec 21, 2019
Resilience Resilience
Resilience is a cyber insurance provider that offers organizations the tools, guidance, and solutions to insure and secure their data. It offers cyber insurance policies with a high level of personal service, market-leading coverage, and bespoke security solutions; available exclusively through its limited distribution network. Backed by thefinancial strength of its A+ rated capacity partner, Resilience is proud to combine comprehensive in-house claims expertise with its proven security leadership throughout the lifecycle of a policy.Founded in 2016, Resilience is privately funded and headquartered in San Francisco, California with offices in Chicago, Baltimore, and New York. $37M / Sep 25, 2019
Kyndi Kyndi
Kyndi's Natural Language-powered platform helps organizations find answers in unstructured, text-based data at unparalleled speed. $20M / Series B / Jul 10, 2019
Enduvo Enduvo
Enduvo is a computer software company that specializes in the fields of virtual reality, education, and medical simulation. The company enables anyone to create, distribute, and consume rich, interactive, virtual experiences. Seed / Jun 26, 2019
Massive Bio Massive Bio
Massive Bio, is an Artificial Intelligence (AI) powered platform that connects cancer patients and their treating oncologists to clinical trials while enabling pharmaceutical companies to get access to patients, mostly in community practices, and their information to speed up drug development. Massive Bio combines technology, services and oncologysub-specialist expertise to maximize trial enrollment. Massive Bio is the first company that attacks controlling patient enrollment value chain; Massive Bio does patient identification through direct direct and indirect patient acquisition channels, pre-screening through virtual site, Just-In-Time (JIT) site activation and further analyzes real world data for drug discovery. One of the major differentiating point of Massive Bio is that the Company tackles “last mile” issues for trial enrollment to eliminate site and/or financial considerations of patients. Massive Bio is the go to partner for pharmaceutical companies and CROs to get the right patient at the right time. $2M / Seed / May 02, 2019
See all 23 investments →

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FAQ

What does UL Ventures invest in?

UL Ventures invests primarily in Software, Analytics and Machine Learning startups, most often at Series A and Series B stage. Most of the 23 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact UL Ventures?

Public channels for UL Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at UL Ventures?

The team at UL Ventures includes Dennis Chang (Analyst), Bob Sung (Alliances & Innovations Manager) and Christopher Park (Investment Director), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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