It’s mid-August and tech companies are hitting their strides by closing funding rounds, moving offices or starting new initiatives. Catch up on Sibel Health’s $33 million raise or Ulta Beauty’s new investment firm with the Built In Chicago Weekly Refresh.
Sibel Health raised $33M. Sibel Health developed the Anne One Health Platform that can track a patient’s vitals and has uses in prenatal care. Last week the company raised $33 million in a Series B round that was led by the Steele Foundation for Hope. With the new capital, the company is looking to scale its sensors and health platform that is FDA-cleared. [Built In Chicago]
chicago tech quote of the week
CarrierSource brought customer reviews to the logistics industry. CarrierSource officially launched its platform to help customers find the right freight shippers through customer reviews. The platform allows shipping companies to make profiles, list their services, report accidents and other information. According to CarrierSource, the idea behind the company was to bring transparency and trust to the logistics industry. [Built In Chicago]
Crafty opened a new HQ. Crafty, which provides pantry services for other companies, has seen significant growth following a tough pandemic. To capitalize on its success, the company relocated to a 12,000-square-foot office in the heart of downtown Chicago. [Chicago Inno]
Ulta Beauty started a venture fund. The beauty company first announced its goal of starting an investment firm in 2021, and it has finally accomplished that feat by launching Prisma Ventures. The firm currently has a $20 million fund and plans to partner with seed and Series A startups in innovating the retail sector. Prisma Ventures will also provide consumer insights to the startups it partners with. [Chicago Inno]
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