ShipBob Achieves Unicorn Status

ShipBob, the leading e-commerce fulfillment service, announced $200M in funding at over $1B valuation, becoming another Chicago unicorn.

Simple Mills

Simple Mills Revolutionizes How Food is Made

With over 35 products in 25K+ stores nationwide, Simple Mills provides delicious and real food products – and continues to launch items with a focus on sustainability.


Factor Acquired by HelloFresh

Factor, a ready-made meal delivery company serving premium customers focused on health and nutrition, was acquired by HelloFresh for up to $277M.


Equilibria Offers Premium Wellness Products for Women

The Chicago-based company stands out among competitors by offering personalized customer support with their dosage specialists.

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HPA - Chowbus

Chowbus, An App for the Best Asian Food

As a food delivery platform, Chowbus offers customers the easiest way to gain access to high quality, authentic Asian food.

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HPA is a leading early-stage investor. Our people first model leverages world-class operating expertise, a powerful business network, and venture-capital to fuel start up success. As a result, our founders transform their businesses into industry leaders, our investors generate best in class returns and our community experiences job creation and economic growth.


Portfolio Companies

Recent Investments

Elate raises $4.9M in Series A funding to strengthen its rapidly growing strategic planning platform

We’re excited to announce that Elate, a cloud-based strategic planning software, raised $4.9M in funding. HPA participated in the Series A round, which was led by WestWave Capital. Additional new investors included The Pritzker Group and Capital Midwest Fund, with support from previous investors Elevate Ventures, Serra Ventures, M25, and the Flywheel Fund. Elate’s all-in-one platform helps businesses […]

Members in the News

HPA Member Hardik Bhatt Appointed as CEO at SDI Presence

Congrats to HPA Member Hardik Bhatt for being appointed as CEO at SDI Presence! Hardik joined SDI in June 2021 as the firm’s President and Chief Growth Officer. 


CIBC Supporting Active Campaign as the Business Scales

CIBC provided ActiveCampaign with flexible capital and treasury services to help manage its rapidly growing organization and global customer base.