Snapsheet opens new office, announces hiring plans
On Tuesday, Mayor Rahm Emanuel cut the ribbon on Snapsheet’s new office, located on the sixth floor of 1 North Dearborn. The new space measures 52,000 square feet and is designed to accommodate the company’s next stage of growth. Snapsheet estimates it will hire 150 people in 2018. Side note: The mayor has become somewhat of an expert at opening new tech offices, and at watching them be opened. In the last few months he attended the openings of new offices for Glassdoor, OppLoans and Outcome Health, among others. [Press release]
Showpad adds $25M to its Series C
Showpad announced on Wednesday that it has added an additional $25 million to its Series C, bringing the round’s total to $75 million. The Belgian startup will use the funds to accelerate product development, fuel its global roll out and increase the size of its Chicago office, which also serves as the company’s North American headquarters. [Built In Chicago]
Foursquare opens new Chicago engineering office
In a Medium post, Foursquare SVP of engineering Matt Kamen revealed the company is opening a Midwest engineering hub in Chicago. The company has maintained a small presence in the Windy City, which is where its Midwest-focused sales team is located. Foursquare currently has six open Chicago-based engineering roles listed on its website. [Medium]
Procured Health rebrands
Procured Health has rebranded to Lumere, a name which the company says evokes an ideal state of enlightened healthcare. And before you ask, no, it's not an actual word. In a statement, CEO Hani Elias said the move was driven by a desire to better represent the expanded scope and mission of the company. [Press release]
Maestro Health acquired by AXA Group
AXA Group, a Paris-based insurance company, has acquired Maestro Health for $155 million. Under the deal’s terms, Maestro will become a wholly owned subsidiary of AXA, and its 300 employees will continue to work out of the company’s Chicago office. Maestro Health was founded in 2013 and had raised $65 million in funding prior to being acquired. [Built In Chicago]
CapTech to create 35 tech jobs in 2018
IT management consulting firm CapTech is expanding its footprint in Chicago. The company has opened a new office downtown and said it plans to create 35 new tech roles in 2018. CapTech cited a growing local client base and exceptional talent as the reason for its Chicago expansion. [Press release]
Relativity Ventures launches
Relativity has officially launched its investment arm, Relativity Ventures. The new program aims to foster the growth of the next batch of Chicago legal tech startups. Relativity Ventures has participated in funding rounds for Heretik and Esquify, among other companies. [Press release]
PowerReviews announces new products
Over the next 30 days, PowerReviews will release five new products. Brand Engage, Q&A Syndication, Image and Video Syndication, Retailer Activation and Sampling + Syndication are all designed to increase the amount of user-generated content on the company’s Open Network content syndication platform. [Business Wire]
Groupon and ParkWhiz announces partnership
Groupon app users will now be able to find and pay for parking thanks to a new partnership with ParkWhiz. The Chicago parking startup’s entire inventory is available to users of the discount deals app. Now there's no excuse for being late to that two-hour harbor cruise or Swedish massage class. [Business Wire]
Chicago tech welcomes new execs
Jason Montrie is the new president of Pareto Intelligence. Montrie has extensive experience in the world of healthcare. He was most recently a consultant at Clear Spring Health, and prior to that role he was president and CEO at Land of Lincoln Health. [PR Newswire]
Aquilon Energy Services announced Scott Egler as its VP of marketing. Egler brings over three decades of marketing experience to his new role, which will involve planning and executing the company’s marketing strategy. [PR Newswire]
