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Tonic Ventures
Chicago, IL
Tonic Ventures has raised $21M over 2 funds in the last 3 years.
Their first fund in our data set was raised on April 16, 2024.
Their most recent fund was raised on February 19, 2026.
As of our current calculations, Tonic Ventures has $18M in estimated dry powder at this time.
Funds Raised
2
Total $ Raised
$21M
Est. Dry Powder
$18M
4yr linear
Last Fund
2026-02-19
Estimated dry powder over time
Linear 4-year deployment model per fund
All funds (2)
| Fund | Raised |
|---|---|
| TONIC VENTURES FUND II, LP | $20M |
| Tonic Ventures Fund I, LP | $1M |