Halo Investing’s HQ, New Era ADR Got $4.6M, and More Chicago Tech News

Here’s what you may have missed in the world of Chicago tech.

Written by Delilah Alvarado
Published on Mar. 21, 2022
Halo Investing’s HQ, New Era ADR Got $4.6M, and More Chicago Tech News
Photo: Shutterstock
Photo: Shutterstock

These Chicago tech companies are making strides after a big week of new investments and job opportunities. This is the Built In Chicago weekly refresh.

Halo Investing is moving its HQ. Halo Investing helps people make investments while also allowing users to purchase structured notes on assets and stocks. The Chicago-based company is moving its headquarters to the citys Financial District at 200 West Jackson into an approximately 18,000-square-foot space. Halo Investing is also looking to hire 100 new employees with several listings on Built In. [Built In Chicago]

FLASH raised $250M. FLASH is a cloud-based platform for parking garages that turns “parking assets into multi-purpose mobility hubs,” according to the company. FLASH raised a $250 million funding round led by Vista Equity Partners, leading the company to unicorn status. Based in Austin but with an office in Chicago, the company plans to hire over 200 new employees this year and is actively hiring. [Built In Chicago]

Dscout got $70M. Chicago-based dscouts Series C round was led by Guidepost Growth Equity and will go toward product development and hiring. Dscout uses tech to offer remote research, allowing companies to understand their customers and gain feedback on products. Dscout expects to raise its employee headcount and has several positions currently open. [Built In Chicago]

CHICAGO TECH QUOTE OF THE WEEK

“All too often, people and organizations are forced to pay millions of dollars or give up their right to be heard purely to avoid the process of litigation. New Era was created on the belief that individual consumers and employees should never be forced to navigate complex, unintuitive, impossible to understand legal processes just to have their story heard.” — New Era ADR founder Collin Williams

New Era ADR raised $4.6M. New Era ADR provides a platform for litigation processes by allowing mediation and arbitration to be done virtually. The platform, which works on a pay-per-use basis, can be used by individuals, attorneys or company executives. New Era raised $4.6 million that will be used to scale its sales and marketing efforts as well as grow its internal team. [Built In Chicago]

Liberated Syndication gained $4.75M. Liberated Syndication raised $4.75 million in a private placement led by Camac Partners. Liberated Syndication is a platform for podcasts to monetize, distribute and measure their content. The company sold 1.27 million shares of stock at $3.75 each and currently has a cash balance of approximately $13 million. [Business Wire]

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