Why Michigan Could Become a Startup Powerhouse

The unicorns in Michigan demonstrate a fertile startup ecosystem with unlimited opportunities. A couple weeks ago, StockX became the state’s newest in a quickly-growing cohort of unicorns, which includes two other startups that also earned the elite status this year. In February, OneStream Software announced that it had not only become a unicorn but that it is profitable as well, an achievement…

Why The Midwest Drives Top Venture Returns

While startup and venture performance in the Bay Area is a valuable datapoint that provides meaningful insights into our industry, I recommend a different strategy for evaluating our respective ecosystems’ health. To get an actionable — not to mention less daunting — perspective of our performance, we must look beyond the Bay and across all…

How Chicago Fuels Food-Focused Innovation

Today, Chicago’s newest food business accelerator, The Hatchery, will celebrate its grand opening. A non-profit incubator supported by companies like Conagra and Kellogg’s, The Hatchery will support entrepreneurs in growing successful food- and beverage-based businesses. The incubator’s launch marks the city’s newest development in a long history of food-based entrepreneurial support, the likes of which spans business development assistance,…

11 Under-The-Radar Chicago VCs You Should Know About

In my most-recent Forbes article, I shared about 12 Chicago-based VCs that are behind hot startups both within our region, like G2 Crowd, and beyond, like SpaceX. These firms tend to get a lot of buzz and make national headlines, but they are far from being the only venture investors in Chicago that fuel entrepreneurs. There…

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…