The Harvard Business School Angels of Chicago, a division of the HBS Alumni Entrepreneurship Council, is seeking to fund and support promising young companies in the Chicago area. We'd love to hear about your ventures!
 

Entrepreneurs interested in applying for funding should keep in mind the following investee profile preferences:

“The timing was perfect. Participating in TechStars allows SimpleRelevance to rapidly improve our product and expand our ability to better serve our growing client base. Receiving this additional round of funding allows us to easily make improvements before and after the program.”

Hundreds of millions of years ago, all the Earth’s land formed a supercontinent called Pangea. Today, with seven continents separated by huge bodies of water, the world feels a bit more disconnected. Enter the new Pangea, a payment platform whose goal is to make global money transfer safer, easier and faster.

YCharts, the financial services company whose data reporting has it competing with giants such as Yahoo! Finance, today announced its third round of funding. With $3.875 million from Morningstar Inc. and Reed Elsevier Ventures, YCharts’ total funding to date hit $8.625 million.

Just three weeks after launching from beta, hotel booking site RocketMiles announced a $2 million seed funding round led by Atlas Ventures. During its two-month trial run, the company proved that offering airline miles for hotel bookings could earn users up to 90,000 miles per year.

For small boutiques, one of the best and easiest ways to communicate with customers is via social media. Compared to dedicated websites or ecommerce portals, social media allows sellers to place their wares in front of potential customers cheaply and easily. It is based on this insight that the team behind walk.by, an iPhone app that launched today, built their product.

Demond Drummer of Teamwork Englewood is funding a project (in Englewood on the South Side) through Kickstarter to train young coders, using the Raspberry PI. This is something I think we can all get behind.

Soundsupply, the Chicago-based music startup that offers users album bundles for a set price, has raised seed funding from Lightbank. This marks Lightbank’s first foray into music companies. Terms of the deal were not disclosed.

Launched in 2012, Soundsupply offers “Drops,” bundles of 10 albums curated by the in-house team. Each Drop is sold for $15, a low price for the amount of music exchanging hands, but is only available for 10 days. Currently, Soundsupply releases new Drops every other month.