Industry landscapes
The companies, capital and talent shaping financial services in Chicago. Find the leaders. Understand the segments. See where the activity is.
An industry ecosystem,
measured in context.
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗
No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.
Explore classified startups in Radar ↗A few useful ratios bring the size of this ecosystem into perspective.
90 of 759 tracked companies have open roles.
69 of 759 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 61 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 69.4% of disclosed capital, while 90.9% of tracked companies have no recorded funding round.
Explore the segments →Recorded company formation and disclosed funding across the complete annual series shown.
Sum of recorded funding rounds · USD
| Year | Funding (USD) | Founded | Raising |
|---|---|---|---|
| 2016 | $28.91M | 26 | 4 |
| 2017 | $702.15M | 23 | 2 |
| 2018 | $3.81B | 25 | 6 |
| 2019 | $1.84B | 19 | 9 |
| 2020 | $305.35M | 18 | 6 |
| 2021 | $647.66M | 16 | 10 |
| 2022 | $43.15M | 6 | 3 |
| 2023 | $24.05M | 13 | 4 |
| 2024 | $159.32M | 10 | 6 |
| 2025 | $1.67B | 2 | 4 |
Share of all disclosed company funding.
82 recorded rounds since 2016
Recorded participation in financial services company rounds since 2016.
Backed by Mihai Faur.
Backed by Health2047 Capital Partners and CRG and others.
Backed by Asset Management Ventures and DLB Capital and others.
Participating investors were not recorded in this snapshot.
Backed by Victory Park Capital Advisors.
Backed by 8VC and Autotech Ventures and others.
Backed by Weatherford Capital and Daimler Trucks North America and others.
Participating investors were not recorded in this snapshot.
Participating investors were not recorded in this snapshot.
Backed by Victory Park Capital Advisors.
Backed by Town Hall Ventures and Leavitt Equity Partners and others.
Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.
Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.
FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 12 reporting entities from 19 eligible matches.
Sum of reporting-entity revenue; not Chicago market sales.
Combined result for the same cohort.
Combined net income ÷ combined revenue.
The middle covered reporting entity.
10 of 12 covered entities.
Share of covered revenue from the five largest entities.
Reported cohort totals by year; coverage is stated for every period.
Bar height shows revenue. Changes in coverage can affect totals.
FY2025 · 12 reporting entities
Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.
| Company / reporting entity | Revenue | Net profit / loss | Net margin | Revenue growth | Total assets |
|---|---|---|---|---|---|
| Allstate ↗899051 | $67,685.0m | $10,282.0m | +15.2% | — | — |
| CME Group ↗1156375 | $6,520.6m | $4,072.2m | +62.5% | — | — |
| Northern Trust ↗73124 | $5,017.8m | $1,736.9m | +34.6% | — | — |
| Kemper ↗860748 | $4,789.7m | $143.3m | +3.0% | — | — |
| TransUnion ↗1552033 | $4,576.3m | $455.4m | +10.0% | — | — |
| GATX ↗40211 | $1,740.4m | $333.3m | +19.2% | — | — |
| CNA Insurance ↗21175 | $1,577.0m | $1,278.0m | +81.0% | — | — |
| IRT Living ↗1466085 | $657.7m | $56.6m | +8.6% | — | — |
Explore full company accounts and filings.
Choose “View accounts” to inspect an available company preview.
Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.
| Industry | Covered / eligible | Revenue total | Median revenue | Net profit / loss | Aggregate margin | Profitable share | Overlap |
|---|
Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.
Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.
The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.
Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.
How the Chicago companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
12 of the 759 companies on this page carry a measured traffic record (1.6%); these are the largest of those, by monthly visits. The median among them is 333,912 visits.
| Company | Monthly visits | Authority | Mobile |
|---|---|---|---|
| Allstateallstate.com | 15,457,892 | 78 | 72.8% |
| TransUniontransunion.com | 10,697,442 | 68 | 79% |
| BCBSAssociationbcbs.com | 1,400,342 | 66 | 47.3% |
| Equity Residentialequityapartments.com | 1,052,638 | 53 | 36.2% |
| Raterate.com | 602,100 | 48 | 73.3% |
| Transworld Systemstsico.com | 422,145 | 41 | 84.5% |
| IRT Livingirtliving.com | 245,680 | 42 | 61.2% |
| RSM USrsmus.com | 236,461 | 46 | 26.8% |
| Northern Trustnortherntrust.com | 228,929 | 50 | 32.6% |
| Citadelcitadel.com | 166,915 | 46 | 13.6% |
Visits and authority are third-party web estimates, not company-reported figures.
46 of these companies (6.1%) publish at least one Android app — 66 apps in all, carrying 21.1M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| Allstate MobileAllstate | 11.3M | 4.1 | Finance |
| Klover - Instant Cash AdvanceKlover | 5.1M | 4.6 | Finance |
| TransUnion®TransUnion | 1.7M | 3.4 | Finance |
| BCBSILBCBSIL | 834.2K | 4.5 | Medical |
| Rate: Home, Finance & WellnessRate | 425.4K | 4.5 | Finance |
| Virtual AssistAllstate | 410.1K | 3.2 | Business |
| PLS MobilePLS 24/7 Financial Services | 405.9K | 4 | Finance |
| Alliant Mobile BankingAlliant Credit Union | 333K | 4.4 | Finance |
| Allstate Motor ClubAllstate | 284K | 3.4 | Auto & Vehicles |
| CME GroupCME Group | 151.3K | 4.2 | Finance |
Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.
The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2026Q2).
| Segment | Apps | Installs | Leading app | Release trend |
|---|---|---|---|---|
| Insurance Carriers | 9 | 12.9M | Allstate Mobile 11.3M | |
| Insurance Underwriters | 3 | 12M | Virtual Assist 410.1K | |
| Alternative Lending | 3 | 6.7M | Klover - Instant Cash Advance 5.1M | |
| Data As A Service | 5 | 1.9M | TransUnion® 1.7M | |
| Service Providers To Banks | 3 | 1.7M | Commercial Mortgage Calculator 2.8K | |
| Banking Tech | 2 | 1.7M | TruLookup® 19 | |
| Consumer And Sme Loans | 9 | 853.1K | Rate: Home, Finance & Wellness 425.4K | |
| Banks | 16 | 373.2K | Alliant Mobile Banking 333K |
A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.
New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.
Darker bars are new releases, lighter bars apps updated. 64 of 66 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.
Explore the segments behind the headline numbers.
Rank segments by scale, hiring or disclosed funding.
Companies can sit in several segments. Counts and funding overlap.
The largest measured segment in this report snapshot.
6 companies hiring · $117.07M disclosed funding
Explore in RadarCommon revenue models; a company can use more than one.
Recorded corporate activity linked to companies in this landscape.
The Bahnsen Group, which has grown to $9.5 billion in assets under management in the past decade, will be acquired by Hightower Advisors, one of the nation’s largest registered investment advisors with $350 billion in AUM.
Northern Trust Corp lifted its stake in Albemarle by 1.8% in the third quarter.
Arlington-based Communities is in early discussions about a potential with Chicago-based rival Equity Residential, Bloomberg has reported, citing people familiar with the matter.
Astor Raises $5M Seed for AI-Based Financial Advice
TMX Group on Wednesday reached an agreement to acquire the Australian and Canadian operations of Cboe Global Markets for $300 million.
Harbor Capital Advisors Inc. acquired a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at about $26,000.
Earlier this month, Corient said it planned to acquire Vivaldi Capital Management, a Chicago-based registered investment adviser with $5.6bn in assets under management.
Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" or the "Company") announced today the closing of the previously announced merger of Monroe Capital Corporation (NASDAQ: MRCC) ("MRCC") with and into Horizon, with Horizon remaining as the surviving company.
TransUnion (NYSE: TRU) has successfully completed its previously announced acquisition of the mobile division of RealNetworks.
For example, American President Lines late in 2000 acquired GATX to fatten its portfolio of services, particularly in the e-logistics area.
Top 10 categories among 910 recorded events in the 24-month window.
2 companies with recorded IPO activity
Follow-on Offering · New York Stock Exchange3 reports
Follow-on Offering · NYSE3 reports
85 tracked people moves
Appointment President and Chief Executive Officer
Appointment Deputy Managing Director
Appointment Independent Member of Board of Directors
Promotion Vice President, Net Lease
Promotion Senior Account Manager
Promotion Account Executive
Promotion Consultant
Appointment Vice Chairman
Products, platforms and features in the recorded window
Product
Analytics Orchestrator
Collateralized Loan Obligation (CLO) middle office services
generative AI tool
Class Action Service
13 recorded customer wins
Customer: sacramento county employees’ retirement systemPublic Funds
Customer: tovalafoodservice
Customer: Northwest GroupIndustrial Real Estate
Customer: alpaca
Customer: nasdaqFinancial services
Customer: bayer
3 companies with reported reductions
334 rolescost reduction
101 rolesoperational efficiency
3.0% rolescost reduction
5 recorded events
pending approval
fined for violating audit committee communication rulesPublic Company Accounting Oversight Board (PCAOB)
fined for preventing whistleblowers from reporting potential misconductUnited States Securities and Exchange Commission (SEC)
3 tracked suits
Biden‑era lawsuitCivil · Dismissed
debt claim for owed interest in company assetsCivil ·
Reported company results in the recorded window.
Median across 187 reported growth observations; companies may contribute multiple periods.
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| Northern Trust→albemarle | Announced | 2026-05-04 | $102.5M |
| High Tower→Bahnsen Group | Pending | 2026-05-04 | Not stated in snapshot |
| AvalonBay→Equity Residential ↗ | Rumored | 2026-05-01 | Not stated in snapshot |
| Northern Trust→regeneron pharmaceuticals | Completed | 2026-04-23 | $553.7M |
| tmx group→Chicago Board Options Exchange ↗ | Announced | 2026-04-23 | $300.0M |
| Harbor Capital Advisors→The Goldman Sachs Group | 2026-04-20 | $26.0K |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
5,343 postings in the preceding 12 months. The full 9,084-posting snapshot covers 105 employers.
263 tracked postings mention remote work.
3,970 postings specify a level.
Top skills across 9,084 tracked postings in the available jobs snapshot.
Median across 1,064 postings with pay data, expressed in USD.
Advertised posting medians do not describe all employees or roles.
| Company | Employees |
|---|---|
| Allstate ↗ | 54,000 |
| Health Care Service Corporation ↗ | 23,898 |
| RSM US ↗ | 15,882 |
| Kemper ↗ | 9,500 |
| Rate ↗ | 9,261 |
| CNA Insurance ↗ | 6,300 |
| Ryan Specialty ↗ | 4,122 |
| CME Group ↗ | 3,565 |
264 founders and chief executives across 203 companies.
University of Notre Dame BA, University of Chicago Law School JD
Residco, University of Chicago Booth School of Business
Ex-Co-Founder Esurance, CEO Ustream, US Air Force. US Air Force Academy BE 1986, University of Pennsylvania Carey Law School JD 1997…
ex-Founder Ventura Development, The Village Foundation, Smith Rothchild Financial, US Equities. Wisconsin School of Business 2005…
Belmont Bank And Trust, ex-Mccartyhansen Capital, ex-Mb Financial Bank, Gies College of Business - University of Illinois Urbana-Champaign
Signature Bank Chicago, ex-Associated Bank, ex-Lasalle Bank, DePaul University - Charles H. Kellstadt Graduate School of Business, 2000
Los Angeles Football Club, ex-Merrill Lynch, Drexel Burnham Lambert. The Wharton School BS 1985, MBA 1986
Ex-Sara Lee Branded Apparel. University of Illinois
reThought Insurance, Coverager, ex-Insurance Nerds, QBE, Marsh, AIR Worldwide. University of Massachusetts Lowell BS 1992
Americas Trustee Services, ex-Ahp Mortgage Direct, ex-Group Legal Services Association, Brentwood School
Ex - CEO - Paulson Investment · Ex-Whitestone Investment Network · Linfield University 1990, University of Portland MBA 1995
Investment Cards Ria, ex-Innovative Card Systems, Yale Law School
30 profiles with education records.
2 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
62,998 articles in the measured 12-month window.
Financial Services coverage tagged Chicago · articles per complete quarter
| Quarter | Articles |
|---|---|
| 2021Q2 | 13,067 |
| 2021Q3 | 16,203 |
| 2021Q4 | 12,743 |
| 2022Q1 | 14,959 |
| 2022Q2 | 14,021 |
| 2022Q3 | 13,657 |
| 2022Q4 | 13,126 |
| 2023Q1 | 13,706 |
| 2023Q2 | 15,941 |
| 2023Q3 | 14,807 |
| 2023Q4 | 16,236 |
| 2024Q1 | 20,060 |
| 2024Q2 | 16,479 |
| 2024Q3 | 22,610 |
| 2024Q4 | 17,521 |
| 2025Q1 | 26,407 |
| 2025Q2 | 17,944 |
| 2025Q3 | 22,075 |
| 2025Q4 | 17,587 |
| 2026Q1 | 15,717 |
| 2026Q2 | 7,619 |
Article volume measures coverage, not market sales.
1,276 recorded company events across 60 companies; percentages use that event total.
Financial Services coverage tagged Chicago · ranked by full-period article count.
Recent and prior counts use the source comparison windows.
United States comparison coverage
| Keyword | Recent | Prior | Change |
|---|---|---|---|
| investment deal | 10,657 | 3,498 | 205% |
| stablecoin fx impact | 10,542 | 7,470 | 41% |
| etf trading | 6,865 | 3,947 | 74% |
| private equity | 6,471 | 1,648 | 293% |
| oil price volatility | 6,308 | 3,815 | 65% |
| share price | 5,968 | 3,366 | 77% |
| etfs | 5,957 | 3,424 | 74% |
| sector etfs | 5,715 | 3,305 | 73% |
| etf structures | 5,385 | 2,981 | 81% |
| etf products | 5,313 | 2,858 | 86% |
| patent claims | 141 | 28,788 | -100% |
| patent prosecution | 141 | 28,787 | -100% |
| patent examination | 139 | 28,774 | -100% |
| litigation defenses | 114 | 28,766 | -100% |
| tariff negotiations | 14,842 | 25,875 | -43% |
United States comparison coverage
territories, disputed islands, monetary easing
44.8% critical · 25.2% positiveinflation reports fx, currency intervention policies, trade deficits fx
39.9% critical · 41.4% positivegdp growth forex, earnings report, inflation reports fx
38.8% critical · 40.9% positiveFinancial Services coverage tagged Chicago. Topic labels describe recorded classifications and can include broad context.
Clear definitions for making better comparisons.
It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.
No. A company can belong to several segments, so segment counts and funding can overlap.
A dash or unavailable panel means the current reviewed source snapshot does not support that figure.
Company ecosystem snapshot: 1 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.
Canonical landscape ↗