Chicago isn’t just about deep-dish pizza and windy weather—it’s also home to one of the fastest-growing business tech scenes in the country. If you’re wondering what’s really going on in the world of Chicago’s biggest business tech companies, startups, and innovations, you’ve landed in the right spot.
In this post, we’re diving into what makes Chicago’s biggest business tech community so exciting, who the major players are, and why the city is becoming a serious tech hub. Whether you’re a curious reader, budding entrepreneur, or investor, you’ll walk away with real insights.
Why Chicago’s Tech Scene is Booming
Let’s face it—when most people think of tech, their minds jump to Silicon Valley. But Chicago? It’s the underdog with a serious bite. Here’s why:
- Massive talent pool: With top-tier universities like Northwestern, UChicago, and DePaul, there’s no shortage of smart, driven folks entering the tech space.
- Diverse industries: From healthcare to logistics, fintech to food delivery, tech in Chicago spreads across nearly every industry.
- Affordability: Compared to the coasts, Chicago offers lower living and operating costs—making it super attractive for startups and big tech firms alike.
- Strong support system: With dozens of incubators, accelerators, and VC firms, the city’s got the backing to turn ideas into unicorns.
The Titans of Chicago’s Business Tech World
Chicago has some major tech heavyweights. Let’s take a look at a few of the biggest names that are leading the charge.
1. Salesforce (Formerly ExactTarget)
Yep, Salesforce has a big presence in Chicago, offering everything from marketing automation to customer service tech. They’ve created thousands of jobs in the city and continue to grow.
2. Grubhub
One of the original food delivery giants, Grubhub started in Chicago and remains headquartered there. Its tech platform serves millions across the country and helped pave the way for local food tech startups.
3. Relativity
A legal tech powerhouse, Relativity develops e-discovery software that helps law firms and government agencies manage huge amounts of data. It’s one of the largest privately held software companies in Chicago.
4. Morningstar
Known for its financial services and investment research, Morningstar combines finance and tech to make tools that investors love. Headquartered in the Loop, it’s a staple in Chicago’s business tech scene.
5. Tempus
Led by former Groupon CEO Eric Lefkofsky, Tempus is using AI and data to transform cancer care. It’s one of the most promising healthtech companies not just in Chicago—but in the world.
Hot Startups to Watch
It’s not just the big players making waves. Chicago’s startup ecosystem is buzzing. Here are a few names turning heads:
- Cameo: A platform where you can get personalized videos from celebrities. Fun, weird, and wildly successful.
- M1 Finance: A fintech app helping people invest, save, and borrow—all in one place.
- ActiveCampaign: A marketing automation platform that’s crushing it in the SMB space.
How Chicago Supports Tech Growth
Chicago has built a solid foundation to support its booming business tech industry. Some key resources include:
- 1871: A startup incubator in the Merchandise Mart that’s home to hundreds of early-stage companies.
- Techstars Chicago: A global accelerator that helps startups scale faster with funding and mentorship.
- P33 Chicago: An initiative aimed at making Chicago a Tier 1 tech hub by 2033.
What Makes Chicago Tech Different?
There’s something very “Midwestern” about Chicago tech. It’s hardworking, practical, and focused on solving real-world problems—not just making apps for brunch photos. Chicago startups often build sustainable, profitable businesses from the get-go, instead of chasing unicorn status.
Also, there’s a strong emphasis on diversity, equity, and inclusion. Many organizations are working hard to make sure the tech scene is open to everyone—not just a select few.
Conclusion: The Future Looks Bright for Chicago’s Business Tech
Chicago’s biggest business tech players are growing faster than ever—and they’re not slowing down. With a blend of established giants, innovative startups, and a rich support system, the city is shaping up to be one of the most exciting tech hubs in the U.S.
So whether you’re looking to invest, get hired, or start something new, Chicago just might be the perfect place.
FAQs About Chicago’s Business Tech Scene
Q: Is Chicago a good place to start a tech company?
A: Absolutely! With access to talent, capital, and lower costs compared to the coasts, Chicago offers a great environment for startups.
Q: What industries are booming in Chicago’s tech scene?
A: Fintech, healthtech, legal tech, logistics, and marketing tech are all growing rapidly.
Q: What’s the biggest tech company in Chicago?
A: While there’s some debate, Morningstar, Relativity, and Grubhub are among the largest and most influential.
Q: Are there jobs in Chicago’s tech industry?
A: Tons! From entry-level to executive roles, tech companies in Chicago are constantly hiring.
Q: Where can I network in Chicago’s tech community?
A: Check out events at 1871, Techstars demo days, or join meetups and LinkedIn groups focused on Chicago tech.
