Chicago tech companies started 2023 off strong by raising funds and completing acquisitions. Read up on KeyCare’s $3 million raise which closed its Series A round or catch up on Betsperts acquisition of Chicago sports publication Bleacher Nation. This is the Built In Chicago Weekly Refresh.
Betsperts acquired Bleacher Nation. Chicago-based Betsperts is a sports media and technology company focused on analytics and advice for sports betters. Last week, it acquired Bleacher Nation, a sports publication that covers major Chicago teams, in a cash and equity transaction. The acquisition is Betsperts’s fourth in the last 18 months. [Built In Chicago]
Chicago tech companies raised billions in 2022. Built In Chicago complied the 11 largest funding rounds of 2022, totaling more than $2.3 billion in venture funding. Climate tech company LanzaTech and logistics company project44 raised the most capital, each reeling in $500 million. Read on to see which other Chicago tech companies raised large rounds in 2022. [Built In Chicago]
Chicago Tech Quote of the Week
“With the completion of our Series A funding, KeyCare is well-positioned to continue the optimization of our platform and provide virtual care services to additional health system partners.”— Lyle Berkowitz, CEO and founder of KeyCare
KeyCare closed its Series A round. Telehealth company KeyCare secured an additional $3 million in funding to close its Series A round at $27 million. The addendum was raised from new investor Ziegler and two health systems. KeyCare raised the initial $24 million for the round back in August. [Built In Chicago]
Fusion92 acquired a Denver-based company. Chicago-based Fusion92 was founded in 1999 and is a marketing transformation company. Last week, it announced it completed the acquisition of Denver-based Big Footprint, a marketing agency specializing in data and search engines. The acquisition closed in December. [PR Newswire]
