Weekly Refresh: Chicago Startup Tapped for Google Accelerator, and More

by Anna Holmquist
August 1, 2020
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Photo: Shutterstock

Google chose 4Degrees for its accelerator. 4Degrees offers an AI-powered relationship management platform. The program’s goal is to help 12 startups with Black founders raise Series A rounds. [Built In Chicago]

StreamLayer raised $4M. The sportstech startup built a video overlay technology that weaves e-commerce, sports betting, social media and other engagement opportunities into streamed broadcasts. KB Partners led the Series A round. [Built In Chicago]

Humana invested $100M in Heal. Heal is a healthtech startup that matches patients to doctors and provides at-home doctor visits. Insurance company Humana will now offer Heal’s services to its customers. [Built In Chicago]

First Black-owned stock exchange to open in Chicago. Investor Bill Ellison and lawyer Joe Cecala teamed up to create The Dream Exchange. They plan to list smaller companies that want to go public, particularly ones that are minority-owned. [Built In Chicago]

Strata Decision Technology announced acquisition of EPSi from Allscripts. EPSi offers financial planning tools for health systems and hospitals. Strata will acquire the company for $365 million. [Business Wire]

Enova to acquire OnDeck. Both companies leverage data to make online lending easier and more accessible for underserved borrowers. Together the companies have served about seven million customers. [PRNewswire]

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