According to a recent Built In Chicago report, several local companies, including Science on Call and LandscapeHub, secured a combined $325.6 million in February alone. Additionally, Chicago-based Loadsmart earned its unicorn stripes after raising $200 million earlier this year.
Chicago
Built in Chicago: Chicago’s Avant Named World’s Fastest Company to Reach Unicorn Status
According to ZenBusiness, Avant reached the $1 billion valuation mark only one month and 16 days after launching in November of 2012.
Built in Chicago: Following a Stellar Year, Halo Investing Moves HQ to Financial District
On the heels of the year that saw Chicago-based Halo Investing secure $100 million in a Series C and pursue a significant hiring push, the company is moving into a larger headquarters.
Chicago Sun Times: Congress, stop putting barriers in the way of Chicago’s tech biz ecosystem
Advances in technology and growth in the digital economy have led to an incredible boom in Chicagoland’s tech ecosystem, which employs over 100,000 workers. It is important for lawmakers to support this growing space and help employers large and small recover, not create needless regulations that will stifle growth and negatively impact job creation.
Built in Chicago: Parking Tech Platform FLASH Becomes a Unicorn With $250M Raise
FLASH announced Wednesday that it surpassed a $1 billion valuation following a $250 million strategic investment led by Vista Equity Partners. L Catterton and other previous investors joined the round. The company last raised $60 million in early 2020.
Chicago Inno: DoorDash launches accelerator for minority-owned local businesses
Food-delivery platform DoorDash Inc. is launching an accelerator to support 50 local consumer packaged goods businesses owned by women, trans folks, immigrants and people of color.
Built in Chicago: Chicago-Based Dscout Secures $70M for Its Research Platform
Chicago-based dscout is helping companies conduct high-quality research, and recently announced that it secured $70 million in a Series C round. The funding was led by Guidepost Growth Equity to will be used to expand dscout’s team and platform.
Built in Chicago: New Era ADR Aims to Speed Up Litigation Process Following $4.6M Seed Round
Litigation is a costly process and it can take years to resolve disputes. A new Chicago startup, however, wants to reduce the amount of time it takes for legal disputes to be resolved and recently secured funding for its platform that does just that.
Built in Chicago: Climate Tech Company LanzaTech to Go Public Via SPAC Merger
Humanity’s continued existence hinges entirely on this floating space orb we call home. If maintaining Earth’s well-being is the key to maintaining our own, we certainly have a lot of work to do before we can rest easy, especially since the next habitable piece of extraterrestrial real estate is 4.2 light-years away.
Built in Chicago: Vibes’ Product Strategy? To Become ‘Ubiquitous’ With Mobile Engagement
Joe Catrambone is bringing a different perspective to Vibes. He joined the fast-growing mobile marketing company last May, amid its race to go to market globally and accelerate its own investment in product engineering.
