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Dreaming Big with One of Chicago’s Most Successful CEOs

Getting to Know Amanda If you haven’t met Amanda Lannert, you should. She is the CEO of Jellyvision — which makes ALEX and is one of Chicago’s most successful tech companies. Beyond her own entrepreneurial success, however, Amanda invests in the success of emerging entrepreneurs as well. She invests in startups through HPA, where she serves as…

The Top Enterprise Software Companies in the Midwest

Last week, enterprise software marketplace G2 Crowd announced the winners of its Best Software Awards 2019. This is a list of the best software products and companies, according to G2 Crowd’s algorithm that analyzes 500,000 verified customer reviews of nearly 60,000 products. Among that list are 11 Midwest companies that are not only top in the region…

5 Startup Trends that Shaped the Midwest in 2018

2018 is quickly drawing to its close, but the Midwest’s venture capital activity is still buzzing. Just this week, celebrity shoutout marketplace startup Cameo announced that it closed a $12.5 million round of funding led by Lightspeed Venture Partners. Cameo’s round is one of several marketplace startups to gain strength this year, which highlights a broader…

G2 Crowd Raises $55M to Transform the Way Businesses Buy Software

Chicago-based startup G2 Crowd announced that it raised a $55 million Series C round, which it will use to increase its headcount by 500% and further disrupt the $3.7 trillion enterprise technology market. The round was led by IVP, with participation from Accel and Emergence Capital, and brings the company’s total funding raised to $100 million. This is one of the…

Chicago’s Startups Continue to Lead the Nation in Returns

PitchBook revealed its 2018 Chicago VC Ecosystem report, released in conjunction with ChicagoNEXT’s Chicago Venture Summit. This report finds that Chicago continues to outpace other U.S. venture ecosystems — including the Bay Area — in median multiple on invested capital (MOIC). Chicago startups give investors a median MOIC of 5.6 times, considerably exceeding the city’s coastal counterparts. (MOIC is calculated…

Chicago’s Multiple on Invested Capital is Highest in the Country

This week, PitchBook published its 2018 Chicago VC Ecosystem report, released in conjunction with ChicagoNEXT’s Chicago Venture Summit. This report finds that Chicago’s ecosystem is strong and, among other achievements, continues to outpace other U.S. venture ecosystems — including the Bay Area — in median multiple on invested capital (MOIC). Download the report here.

Chicago Unites To Showcase The Midwest Venture Ecosystem

U.S. News recently reported on why Chicago has become a top city for startups and entrepreneurs, highlighting the organization that works to promote the city’s technology industry, ChicagoNEXT. On Tuesday, ChicagoNEXT will host its fourth Chicago Venture Summit, the region’s flagship VC conference, where VC firms from coast to coast convene with Chicago’s top entrepreneurs and community supporters to highlight and nurture the…