Fifth Star Funds
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News

What's been written about us, and what happened this year.

Coverage of Fifth Star Funds since 2021, newest first. Figures in older pieces are of their time, and the current ones are on our research page.

Recent
September 17, 2026
1871 Momentum Awards

Eventnoire wins 1871's Social Impact Award, and Tim Huelskamp is named Outstanding Tech CEO.

1871 named our co-founder Tim Huelskamp its Outstanding Tech CEO for his work at 1440. The published citation reads, "He launched Fifth Star Funds to expand access to early-stage capital." At the same ceremony, Eventnoire, a Fifth Star company, won the Social Impact Award. Eventnoire's page has the story of our check.

1871's announcement of the 2026 Momentum Award winners

March 14, 2026
Chicago Sun-Times

Fifth Star Funds sets a goal to invest in 6 Chicago tech startups

Abby Miller on the year ahead: a $450,000 target, at least six first checks, the LongJump partnership, and the $125,000 grant from the Richard L. Duchossois Foundation that opened the year.

Read it at the Sun-Times

March 14, 2025
Chicago Sun-Times

Fifth Star Funds sees crucial opportunity to support minority entrepreneurs amid corporate DEI cuts

Abby Miller, with Stella Ashaolu, Osa Osarenkhoe and Kyle Backer, on what corporate DEI cuts mean for founders and for a fund like ours.

Read it at the Sun-Times

Archive, 2021 to 2022

When we started, the press wanted to know why a nonprofit was investing in startups.

These pieces are from our first year and a half.

March 17, 2022
TechCrunch

How Chicago is changing who raises early-stage venture capital

On Chicago's push to send seed and angel money to founders it had overlooked, and where Fifth Star fits: the capital that comes before any of it.

2022
Axios Pro Rata

A different kind of evergreen VC fund

A short item on the model: a nonprofit that invests, then reinvests whatever comes back.

February 28, 2022
Chicago Inno

How Fifth Star Funds plans to invest millions in Chicago's Black founders

A profile of the fund in its first year, written as we were incorporating.

2022
WGN News

Enabling Black tech founders

A television segment with our then executive director, Samir Mirza, and Cyber Pop-up founder Dr. Christine Izuakor.

2021
Crain's Chicago Business

Bringing equity to the tech sector

Part of the "Chicago Comes Back" series. On the group of tech executives who started the fund and why.

November 11, 2021
Chicago Inno 50 on Fire

Fifth Star Funds wins the Innovation award

Named in a year of record venture investment in Chicago.

2021
Chi Tech For Good

Fifth Star approaches equitable startup funding like a startup

On building a fund the way a founder builds a company: start small, measure, adjust.

September 29, 2021
Chicago Inno

With 2021 the "best year in Chicago tech," the Venture Summit looks to throw gas on the fire

Fifth Star presented the evergreen model at the Chicago Venture Summit alongside portfolio company Roomii.

Press

Writing about the Friends & Family round?

We're glad to talk, and the research page has the sources. Get in touch and pick "Press" on the form.

Stay in touch

Updates on the founders we back and the work behind the checks.