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
Lightricks Acquires Popular Pays

Lightricks Acquires Popular Pays

We are excited to announce that our portfolio company Popular Pays has been acquired by Lightricks, a growing platform for content creators and developers of the world’s leading photo and video editing tools. HPA has been an investor in Popular Pays since the 2017 Series A. We’d like to thank HPA Deal Lead and Board […]

PagerDuty to Acquire Catalytic

PagerDuty to Acquire Catalytic

We are excited to announce that our portfolio company Catalytic will be acquired by PagerDuty, a global leader in digital operations management. Catalytic is the no-code workflow automation platform for efficient and digitized operations. HPA has been an investor in Catalytic since the Series Seed investment in 2016. We’d like to thank HPA Deal Lead […]

Cisco Intends to Acquire Kenna Security

Hyde Park Angels is excited to announce that Cisco announced their intent to acquire our portfolio company Kenna Security, risk-based vulnerability management software. The acquisition is expected to close in Cisco’s fourth quarter of fiscal 2021. Since the Series A in 2011, HPA has been an investor in Kenna Security. Over the past decade, we […]

May 14, 2021 By Cate LeSourd

Factor Acquired by HelloFresh

We are excited to announce that our portfolio company, Factor, a ready-made meal delivery company serving premium customers focused on health and nutrition, was acquired by HelloFresh. The total purchase price is up to $277M, including earn-outs and incentives. This transaction enables Factor to partner with HelloFresh, a global leader in meal-kit delivery, to leverage […]

November 23, 2020 By Cate LeSourd
Sawyer Bengtson

Why Top VCs from Outside the Midwest Want In

As the Midwest startup ecosystem continues to grow, top investors from outside the region increasingly show that they are watching and want in — especially when a repeat entrepreneur is at the helm of a budding startup. To validate this assertion, my firm, Hyde Park Angels, decided to dig into the numbers. Between 2016 and today, coastal […]