# UL Ventures

> UL Ventures is a VC fund in Northbrook backing Software and Analytics. See 23 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Northbrook, United States
- Total investments: 23
- Last investment: May 2022
- Lead investor: 4%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ul-
- Website: https://www.ul.com/about/ventures

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.

## Contacts

5 contacts available for UL Ventures. Shizune tracks 9 team members at UL Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ul-3?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 11 | 48% |
| Analytics | 6 | 26% |
| Machine Learning | 6 | 26% |
| Artificial Intelligence | 5 | 22% |
| Autonomous Vehicles | 3 | 13% |

55 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 5 | 22% |
| Series B | 5 | 22% |
| Seed | 4 | 17% |
| Funding Round | 2 | 9% |
| Series C | 1 | 4% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 14 | 61% |
| Israel | 2 | 9% |
| France | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dennis Chang | Analyst | 0 | https://shizune.co/investors/profile/dennis-chang-2 |
| Bob Sung | Alliances & Innovations Manager | 0 | https://shizune.co/investors/profile/bob-sung |
| Christopher Park | Investment Director | 1 | https://shizune.co/investors/profile/chris-park-fcbc |
| Karl Albrecht | Finance & Operations Manager | 0 | https://shizune.co/investors/profile/karl-albrecht |
| Melissa Albrecht | Director, Science and Operations | 0 | https://shizune.co/investors/profile/melissa-albrecht |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 is reinvents the shopping experience for children. | $11.3M | Venture - Series Unknown | Nov 26, 2021 |  |
| 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 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 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 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 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'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 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, 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 |  |

10 of 23 investments shown.

## Co-investors
- [Statkraft Ventures](https://shizune.co/investors/profile/statkraft-ventures) — VC Fund, 3 deals together
- [7BC Venture Capital](https://shizune.co/investors/profile/7bc-vc) — VC Fund, 2 deals together
- [Citrix Startup Accelerator](https://shizune.co/investors/profile/citrix-startup-accelerator) — VC Fund, 2 deals together
- [Evergy Ventures](https://shizune.co/investors/profile/evergy-ventures) — VC Fund, 2 deals together
- [Huron River Ventures](https://shizune.co/investors/profile/huron-river-ventures) — VC Fund, 2 deals together
- [Michigan Angel Fund](https://shizune.co/investors/profile/michigan-angel-fund) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Blue Horizon Corporation](https://shizune.co/investors/profile/blue-horizon-corporation) — VC Fund
- [CircleUp](https://shizune.co/investors/profile/circleup-growth-partners) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## Featured in investor lists
- [Organic Food Investors in United States](https://shizune.co/investors/organic-food-investors-united-states)

## 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co