HPA is excited to announce our participation in Blumira’s $15M Series B Round, which was led by Ten Eleven Ventures, and joined by Mercury Fund, RPS Ventures, and Duo Security co-founder Jon Oberheide. Blumira has seen tremendous momentum over the past year with 100% year-over-year customer growth, including an 8x growth in the MSP channel, […]
HPA is excited to announce our participation in Bloomfilter’s $7 Million seed round, which was led by Magarac Venture Partners. The funding included $5.5M of equity financing and $1.5 of venture debt.
In preparation of speaking at the Michigan Tech Week (MTW) on October 12 and 13, I discovered so many connections to the University of Michigan (U-M) that I decided to dig into what powers U-M’s entrepreneurial success. Seemingly everyone knows that the University of Michigan (U-M) is the world’s leading public research institution. What’s not as widely known is […]
Uniquely positioned as the nation’s crossroads for moving freight via air, rail, and truck, the Windy City has long been a global leader in the Transportation, Distribution and Logistics (TD&L) industry, so it is no surprise to learn that Chicago has become a Logistics Tech leader. Chicago’s TD&L sector is one of the largest in […]
The University of Illinois has an incredible history of producing world-class startups and cutting-edge technologies. The university is also renowned for cultivating bright, purpose first entrepreneurs who are making a positive impact on the world. These innovators have founded companies that are among the most recognized brands around the globe. The university’s entrepreneurial ecosystem supports idea development […]
The pool of self-directed investors has surged during the past few years. By some estimates, 20 million new retail investors have entered the market thanks to a combination of several factors —the rise of mobile trading apps and online communities, the gamification of investing, and COVID-19 lockdowns. Most of this new class of investors only […]
Chicago is a leader in food and agriculture innovation. From high-profile startups to the established industry leaders, the city is uniquely poised for continued innovation within the food ecosystem as demonstrated by the Chicago Venture Summit Future-of-Food event last week. To provide some background, Chicago’s food and beverage manufacturing industry is the nation’s largest, generating […]
From NFTs to token sales and memes, there is no shortage of hype around crypto. Beneath this noise, though, Chicago has been hard at work creating a premier crypto and Web3 ecosystem driven by purposeful public and private leadership. Building on the momentum of being recognized as one of the country’s leading innovation hubs last year, Chicago […]
I’ve previously written about Chicago’s rise as one of the top innovation hubs in the country. There is no doubt that Chicago’s success helps shine the spotlight on the strength of the Midwest, but innovation is not confined to the Windy City. It is emerging everywhere in the Midwest, so I wanted to zoom out a […]
HPA believes world-class organizations are built by giving people the resources and opportunities to be successful. Whether it’s our members, our partners, or our portfolio companies, HPA is committed to helping build a stronger Midwest entrepreneurial ecosystem by supporting people. In that same vein, we’re excited to announce the promotion of our two Associates, Bess […]
