Tech startups continue to expand and find their place in Chicago following last week’s announcements. Keep reading to find out who’s hiring and what’s next for these companies. This is the Built In Chicago weekly refresh.
VillageMD gained $5.2B. Walgreens Boots Alliance, which owns Walgreens, invested $5.2 billion in Chicago-based healthtech company VillageMD. The investment now brings WBA’s stake in ownership in VillageMD from 30 percent to 63 percent. The investment will allow VillageMD to open more clinics around the country. [Built In Chicago]
Halo Investing raised $100M. Led by Owl Capital, this latest round brings the company’s total funding to $120 million. Halo Investing allows people to invest in structured notes, which are traditionally reserved for high-net-worth investors. The company continues to experience rapid growth and is actively hiring for several roles. [Built In Chicago]
CHICAGO TECH QUOTE OF THE WEEK
Perx Health opened in Chicago. The Australian-based healthtech company is expanding into the United States by opening a headquarters in Chicago. In addition to the U.S. expansion, the company also announced an approximately $2.2 million in seed round. The funding will allow Perx to explore more partnerships. [Built In Chicago]
CSG acquired DGIT Systems. The acquisition will allow CSG to innovate and implement new digital services. CSG offers customer engagement, payment solutions and revenue management. CSG hopes to transform the way companies engage with their customers through communications service providers. [CSG]
Centro rebranded as Basis. The automation software provider will now be known as Basis Technologies. The rebrand emphasizes its core technology. The company claims to be the first and only digital media software solution to bring search, site direct, programmatic and social together in one interface. [Basis Technologies]
Global Health Exchange acquired Explorer Surgical. While exact financial details were not announced, Colorado-based Global Health Exchange acquired the surgical software program with hopes to leverage its technology. Explorer Surgical will continue to operate out of Chicago. [Built In Chicago]
Farmers Business Network is moving to Chicago. The Google-backed California startup is opening an office in Fulton Market. The company behind the online marketplace for farmers said it sees Chicago as a “major growth market,” and already has 70 local employees with plans to scale. [Chicago Business Journal]
