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 […]
We’re excited to announce that NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, raised $65 million in Series B funding. HPA participated in the Series B round, which was co-led by Volta Energy Technologies and CC Industries (CCI) with participation from GIC, Emerald Technology Ventures, Material Impact, Arosa Capital, […]
HPA is excited to announce that NOCD, the world’s leading provider of obsessive compulsive-disorder (OCD) treatment, raised $34M in new funding. The round was co-led by Cigna Ventures and 7wireVentures, with participation from new investor Longitude Capital and other existing investors. HPA first invested in NOCD’s $4M round in 2019 and in the $12M Series […]
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 […]
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 […]
The Hyde Park Angels “New Investment Series” profiles our most recent investments by examining the portfolio company and its future trajectory from two perspectives: the portfolio company founders and the HPA leaders who made the deal happen. This edition focuses on Truss. Truss is a commercial real estate technology platform that allows tenants looking for […]
Filling an open position is no easy task. A lot of time will go against hiring the perfect employee. It can be easy to forget that there is still more work to be done after the person accepts a job offer. However, there is a reason this new team member decided your company was the […]
People First is the Hyde Park Angels podcast dedicated to deconstructing entrepreneurial success into actionable takeaways you can use today. Hyde Park Angels is the most active early-stage investor in Chicago with a commitment to taking a “people-first approach” to investing. By matching our members’ expertise with entrepreneurs’ needs, we help develop top-performing companies that are delivering extraordinary […]
As any entrepreneur knows, pricing is a critical component of successfully bringing a SaaS product to market. Even after determining your revenue model and pricing strategy, finding the price that customers are willing to pay for can be a challenge. That’s why we spoke with an expert on SaaS pricing, Trustwave Co-Founder, Truss Co-Founder, and […]
If you missed the event or just want a quick recap, read on for highlights from the discussion. The event brought together world-class entrepreneurs and investors Jim Gray (CEO, G-Bar Limited Partnership; Co-Founder, OptionsXpress), Amanda Lannert (CEO, Jellyvision), Badal Shah (Co-Founder and CEO, TurboAppeal), Michael Small (CEO, gogo), and Kevin Willer (Partner, Chicago Ventures) to […]
