FourKites, a Chicago-based shipping logistics startup, has raised a $13 million Series A funding round to tie the Internet of Things into trucking. FourKites builds software to help shippers, logistics providers and freight brokers keep track of trucks, cut down on wait times at loading docks and boost efficiency of loads. The company was […]
Chicago logistics technology startup FourKites announced on Wednesday that it has picked up a $13 million Series A round from Bain Capital Ventures. The company will use the funding to expand its product offerings and add at least 100 employees to its Chicago headquarters over the next 12 months. Founded in 2013, FourKites has previously raised two […]
Chicago’s one of the most diversified economies in the world, with no single industry employing more than 14% of the workforce. And this diversity extends to the city’s innovation economy, with an eclectic mix of startups, categories, entrepreneurs, enterprise tech companies, STEM organizations, universities, and more making up the ecosystem. That’s why we host 50 on Fire. 50 is our annual awards […]
For many young professionals, crucial career decisions like what school to attend and what kind of position to look for after graduation are often based on little more than intuition and anecdotes. TransparentCareer, a Chicago startup, wants those decisions to be based on data instead. “We have a ton of information about so many aspects of […]
CHICAGO, IL – AUGUST 10, 2016 – Hyde Park Angels has been selected as a finalist for Illinois Technology Association’s 2016 ITA CityLIGHTS Industry Champion Award. Since 2006, Hyde Park Angels has invested millions of dollars in over 40 companies, creating over 1000 jobs in the Midwest. So far in 2016, HPA has already surpassed […]
Chicago startup FourKites, a 3-year-old logistics platform for truck tracking and a graduate of the Pritzker Group Venture Fellows program, announced Wednesday that it has raised a $1.25 million seed round. FourKites says it will use the funding to grow its team and roll out new product lines. The seed round was led by Hyde Park Venture […]
Despite rumblings of a national slowdown in venture capital, Hyde Park Angels (HPA), the Midwest’s largest angel group, just made its largest investment in 2016, bringing its Q1 total to over $2.4M. This month, the group revealed that it has led a $1.8 million round in Mt. Pleasant, Michigan-based Prism Analytical Technologies, a provider of […]
Packback wants more students to pay less for textbooks. They just raised $1.5 million to do just that. Chicago-based Packback, a rental service for eTextbooks, announced Tuesday it raised $1.5 million in funding in a round led by Hyde Park Angels. The funds will be used to expand eTextbook services, hire employees for the growing […]
TurboAppeal, a Chicago startup that helps home owners file their property tax appeals, announced Wednesday that it has raised a $1.5 million round of funding, which it received entirely from Chicago investors. TurboAppeal launched earlier this year and uses big data algorithms to assist homeowners in gathering the most accurate evidence when filing their property tax […]
A Chicago-based marketplace for non-profits that spawned from Obama’s 2012 re-election campaign raised $1.6 million from some well known investors. Public Good Software, Inc, which helps people donate to the causes and charities they care about, announced the Seed Round Tuesday, which was led by Chicago’s Hyde Park Angels. Other notable investors included WordPress founder Matt […]
