As individuals work to adapt to an increasingly digitized world, the tech industry continues to innovate new ways to make our lives easier. A handful of Chicago tech startups secured funding in November to facilitate new advancements. Read on to learn about how these companies will use the fresh capital and which of them are hiring.
#5. $1.45 million, November 17
The cybersecurity platform offers startups and small businesses protection against threats including data breaches, phishing dark web activity and more. Led by Hyde Park Angels, the round will help Havoc Shield grow its team and expand its footprint. As the company grows both in Chicago and remotely, it aims to help others who need to keep their remote workforce secured, combat cyber attacks and attract large customers.
#4. $2.4 million, November 30
The fintech startup offers a mobile app, set to launch on the App Store in December, that helps parents invest in the financial future of their children with the help of their family and friends. Users are easily able to set up custodial investment accounts for their children using the platform. The new funding will help the company build out its team.
#3. $3.2 million, November 10
With the new seed funding led by KdT Ventures, this 3D bioprinting startup plans to continue its work fabricating materials for organ and tissue implants. Amid widespread shortages of donor tissues, the company aims to completely eradicate the need for organ transplants in the future. In the meantime, Dimension Inx is starting by using its tech to create implants for facial reconstruction.
#2. $7 million, November 18
With help from the proptech startup, landlords and tenants across the country can access an on-demand property management service that allows them to book maintenance professionals, update leasing, insurance and payment agreements as well as find new renters. The raise was led by Hyde Park Venture Partners and brings the startup’s total investments to $11 million. NestEgg plans to use the funding to invest in a new feature called NestEgg Pay. Additionally, the company is hiring new software engineers.
#1. $11.5 million, November 17
By integrating with a person’s electronic health records, Upfront’s platform alerts patients to what medical services they might need as well as when they should schedule a procedure. Another tool allows the company to help a patient book an appointment with their best-suited provider. Led by Baird Capital and LRVHealth, this Series B round will help Upfront double its team of 25. The company is currently hiring for product development roles.
