Tenacity announced raising a $3M Series Seed Round, which was led by HPA. As a cloud infrastructure management platform, Tenacity provides asset management, budget intelligence, and compliance monitoring for public cloud environments. Tenacity provides visibility into every asset and service deployed across all cloud accounts. By prioritizing cloud misconfigurations that need remediation, Tenacity creates focus…
Congrats to HPA Member Kayne Gau for being appointed as the CEO at Uptake! Since he joined Uptake as President last year, the company has experienced significant customer growth. Grau’s expanded leadership role will focus on fortifying Uptake’s unique industrial intelligence while enhancing the ease of deployment and speed to value of Uptake’s products. Read…
HPA is excited to announce that NOCD, a telehealth app focused on providing care to people with OCD, announced it raised a $33M Series B Round. The round was led by F-Prime Capital, an investor in digital health, and included participation from other investors such as Eight Roads and Kaiser Permanente Ventures. HPA first invested…
HPA is excited to share that Provi, a technology platform connecting restaurants, distributors and suppliers in the alcohol industry, today announced $100M in new funding on $750M valuation. The recent $75M Series C round was led by D1 Capital, a NY-based hedge fund with $34B AUM, and the $25M Series B round was led by…
Branch, a startup that helps businesses accelerate payments to empower working Americans, announced it has secured over $540 million to fuel its momentum in delivering flexible workforce payments. Hyde Park Angels is excited to announce our participation in Branch’s $48M Series B round, which was led by Addition Capital. Participation from other investors include Drive…
Congratulations to HPA Member Amanda Lannert for being inducted into the Chicago Innovation Hall of Fame! As the CEO of Jellyvision, Amanda has been a key figure in driving the company since its founding in 2001. Under her leadership, Jellyvision has become one of Chicago’s fastest growing tech companies. Additionally, Amanda continues to provide thoughtful…
Hyde Park Angels is excited to announce our participation in Hologram’s $65M Series B round, which was led by Tiger Global. Bullpen Capital, NextView Ventures, and Mucker Capital also participated in the round. Hologram is a cellular connectivity platform for IoT devices that allows companies to manage fleets of devices globally. The company is currently…
Congratulations to HPA Member Jason VandeBoom for being recognized as the EY 2021 Entrepreneur of the Year! As the Founder & CEO of ActiveCampaign, Jason embodies EY’s “human spirit of unstoppable ambition”. This award highlights ActiveCampaign, a leader in customer experience automation, and the accomplishments made in the past year toward transforming the way businesses…
WayUp, a sourcing platform for diverse candidates, is merging with Yello, a Chicago HR tech firm. Congrats to HPA Member Corey Ferengul, CEO of Yello, for this exciting announcement! “In addition to offering a powerhouse of data, recruiters will benefit from the automation opportunities of two solutions from a single company,” said Corey. The two…
ShipBob, the leading cloud-based ecommerce logistics platform, announced $200 million in funding at over $1B valuation. The Series E financing was led by Bain Capital Ventures, with participation from Hyde Park Angels, SoftBank, Menlo Ventures, Hyde Park Venture Partners and Silicon Valley Bank. After record growth, ShipBob now operates a global logistics network with 24…