Based in Chicago, Advanced Equities is a well-known corporate investor that focuses on investing in startups in North America. They typically invest in rounds with 4-5 participants and have been involved in funding rounds alongside other notable investors such as ComVentures, Worldview Technology Partners, and U.S. Venture Partners. Advanced Equities has a track record of successful exits and tends to invest in startups with a valuation of over $1 billion. They have a preference for investing in companies in the semiconductor and software industries. Some of their notable portfolio startups include Bloom Energy, Alien Technology, and Motricity.