As the year comes to a close, Chicago tech companies were busy closing funding rounds last week. Read up on Nerdio’s $117 million raise or learn about the crypto startup looking to insure institutions’ blockchain investments. This is the Built In Chicago Weekly Refresh.
Nerdio raised $117M. Nerdio is a virtualization management platform the uses Microsoft technologies. Its solutions help IT service providers bring in more clients to Microsoft cloud and minimize Microsoft-related costs. The $117 million Series B round was led by Updata Partners. With the new capital, Nerdio plans to double its headcount over the next year. [Built In Chicago]
Evertas got $14M. Evertas is a blockchain startup that insures institutions’ crypto investments. The company’s $14 million Series A round was led by Polychain Capital and will help expand Evertas’ underwriting capabilities. Since launching, the Chicago-based startup has raised $19.8 million in funding. [Built In Chicago]
Chicago Tech Quote of the Week
“In recruiting, relationships are everything. Hunt Club is reimagining the recruiting industry by leveraging technology to tap into the power of trusted personal relationships at a time when the search for candidates is more competitive than ever. — Brian Reinken, a partner at WestCap
Hunt Club closed a Series B round. Hunt Club is a recruiting platform that helps tech startups find talent. Last week, it closed a $40 million Series B round co-led by WestCap and Sator Grove. The new funding will fuel Hunt Club’s national expansion and platform upgrades. [Hunt Club]
Cloverpop raised new funding. Cloverpop is an intelligence platform used to assist in enterprise decision-making. It closed a Series A round last week led by Allos Ventures. The dollar amount of the round was not made publicly available but Cloverpop said the funding will be used to expand its go-to-market team. [Newswire]
