News

HPA Invests in Iris Finance’s $6.2M Series Seed, a CFO Platform for CPG

HPA is excited to announce its participation in Iris Finance $6.2 million Seed round co-led by Glasswing Ventures and Founder Collective, with participation from Revolution’s Rise of the Rest Seed Fund, Barrel Ventures, Rosecliff, and others. Physical product businesses face mounting financial pressure, with cash flow mismanagement contributing to most small business failures and many […]

HPA Invests in Empirical Security’s $12M Seed Round to Stop Attacks with Custom Cybersecurity AI Models

HPA is excited to announce its investment in Empirical Security’s $12 million Seed Round alongside Costanoa. The round also saw participation from DNX Ventures, Sixty Degree Capital, and strategic investors Jonathan Cran, founder of Intrigue (acquired by Google/Mandiant), Wade Baker, creator of the Verizon Data Breach Investigations Report and founder of The Cyentia Institute, and […]

HPA Invests in Handspring's $12M Series

HPA Invests in Handspring’s $12M Series A, Expanding High Quality Mental Health Care for Kids

HPA is excited to announce its participation in Handspring’s $12 million Series A led by Cobalt Ventures with support from NextView Ventures, NVP Capital, 25Madison, Arkitekt Ventures, Cornucopian Capital, two regional health plans, and others. This investment joins other HPA portfolio companies NOCD and Array Behavioral Health that are focused on increasing access to high quality behavioral […]

Moonnox Raises $2M

HPA is excited to announce its investment in Moonnox’s $2 million Seed Round alongside M25, with participation from Early Light Ventures and Service Provider Capital. This investment leverages HPA’s operating expertise in AI to support Moonnox. Moonnox is an AI-native platform designed for professional services firms to streamline their delivery processes by enabling the creation […]

HPA Announces Acquisition of Portfolio Company AmpliFund by Euna Solutions

We are excited to share that HPA portfolio company AmpliFund, a leading grant management platform provider, was successfully acquired by Euna Solutions, a provider of best-in-class SaaS solutions purpose-built for the public sector. AmpliFund’s purpose-built grant management platform is designed for state, local, and tribal governments to manage every phase of the grant management process. […]

Digit Raises $2.5M

HPA is excited to announce its co-lead investment in Digit’s $2.5 million Seed Round alongside Assembly Ventures, with participation from Grand Ventures. This investment leverages HPA‘s operating expertise in the manufacturing sector to support Digit’s vision of delivering a next-generation enterprise resource planning (ERP) platform specifically designed for small and mid-sized manufacturers. Digit’s cutting-edge ERP platform integrates essential operational tools—such as […]

HPA Announces Acquisition of Portfolio Company Simple Mills by Flowers Foods, Inc.

Chicago, IL – January 8, 2025 – Hyde Park Angels (HPA), a premier early-stage venture capital group specializing in investing through its unique People First model, is pleased to announce that its portfolio company, Simple Mills, has entered into a definitive agreement to be acquired by Flowers Foods, Inc. (NYSE: FLO) for $795 million in […]

Zengines Announces $9M Series Seed Preferred Funding and Major Software Release

HPA is pleased to share that Zengines, an innovative AI-powered data management company, has announced closing their oversubscribed $9M Series Seed round and a major software release. HPA invested in the round, which was led by Hyde Park Venture Partners. The new capital will be used to accelerate product development and fuel market growth. Zengines […]

Paccurate Raises $8.1 Million Series A Round

HPA is excited to announce our investment in Paccurate’s $8.1M Series A Round, which was led by High Alpha, and includes co-investors Grand Ventures, Springtime Ventures, Las Olas Venture Capital, Tech Square Ventures, and Royal Street Ventures. Paccurate is a parcel intelligence platform specializing in packing optimization. Paccurate’s platform helps shippers identify their ideal carton suite and enables them […]

Packback Announces Strategic Investment from PSG Equity

We are thrilled to share that Packback, an AI-driven writing and discussion platform within the HPA Portfolio, has received a strategic majority investment by PSG Equity, a prominent growth equity firm. Packback’s proprietary AI technology provides inquiry-based online discussion and long-form writing support. The company’s mission is to harness the power of AI to help […]

March 22, 2024 By Pete Wilkins