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Matter enters new partnership with Health Care Service Corp
Matter, 1871’s healthcare tech incubating neighbor, has teamed up with the state of Illinois’ largest health insurance provider, Health Care Service Corp. Through on-site mentoring for Matter’s 100-plus health tech startups and other entrepreneurial events, the idea is to streamline innovation as the medical industry continues to evolve. [Health-tech incubator Matter teams up with insurance giant: Crain’s Chicago Business]
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G2 Crowd raises an impressive $7M Series A
G2 Crowd, which provides the leading reviewing platform for enterprise software, announced it has nabbed a $7 million Series A round, bringing its total funding to right around $12 million. Pritzker Group Venture Capital led the round, with returning investors Chicago Ventures, Hyde Park Venture Partners, G2 Crowd Chairman Godard Abel and its management team all joining in. [Built In Chicago]
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UberEats for dinner launches in select Chicago Neighborhoods
After three months of delivery lunch to hungry Chicagoans in the Loop, Uber announced this week that it will extend its services to dinner. Starting this week, UberEats has extended dinner service to River North, Streeterville, the Gold Coast, and Lincoln Park. The company said its average delivery time was just 4:42 minutes and will feature one restaurant per night. [Uber: It’s what’s for dinner: Crain’s Chicago Business]
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BLUE1647 CEO Emile Cambry heads to St. Louis to head new facilities
Emile Cambry, the current CEO of BLUE1647 and a leader in Chicago tech, announced he will move from Chicago to St. Louis in order to help launch two new BLUE1647 facilities. Cambry—an admired diversity in tech advocate—plans to leave in August once the first facility opens. [Emile Cambry Is Leaving Chicago to Head Up BLUE1647's St. Louis Facilities: Chicago Inno]
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Hyde Park Angels Launches Comprehensive Partner Network
At its annual summit, Hyde Park Angels this week launched a comprehensive partners network. Hyde Park Angels is already the largest and most active group of angel investors in the Midwest, and with the new network, corporations, investors, and service providers will all be brought together to drive innovation, investment, and results for entrepreneurs in the region. [Built In Chicago]
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Popular Pays scores $2M seed round
Chicago-based Popular Pays announced this week it had secured a $2 million seed round. The company, a social currency platform that helps businesses best utilize Instagram, saw participation from Bessemer Venture Partners, Social Starts, Mike Shinoda, Soma Capital, Romar Capital.
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TurboAppeal acquires Realytics and appoints new CTO
Chicago-based TurboAppeal, a real estate tech company that provides a data-driven tax appeal solution, recently acquired Realytics — another real estate tech company — in order to develop its analytics and B2B offerings. In addition to the acquistion, TurboAppeal also announced the appointment of a new Chief Technology Officer, former Microsoft and CenturyLink executive Scott Beason. [Built In Chicago]
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GrubHub announces favorable Q2 earnings
GrubHub, Chicago’s favorite food delivery unicorn, released its Q2 earnings report this week. According to the report, the company beat revenue and profit estimates, and its shares jumped 17% premarket. The company posted a revenue of $88 million with a net income of $9.4 million. [GrubHub Earnings: GRUB Beats Profit and Revenue Estimates and Is up 17% Premarket: Chicago Inno]
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ANOTHER parking app launches in Chicago
FlightCar, a car company that’s cashing in on the flourishing sharing economy, announced this week its services are now available in Chicago at O’Hare. With FlightCar, customers can rent out their vacant cars to other members, all the while enjoying free airport parking and payout for mileage (depending on the car’s year and make).
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artizone announces ‘Farmer’s Market On Demand’
This week, Chicago-based artizone—an online marketplace that delivers local, organic, and home-grown meat, produce, and bread—announced its ‘Farmer’s Market On Demand,’ which will deliver farmer’s market-quality goods to your door. The company works with a network of over 60 artisans from a variety of specialities in order to realize the service. [Artizone Brings the Farmers Market to the On Demand Economy with One Hour Delivery: Chicago Inno]
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