Harvard Business School Alumni Angels of Chicago is an angel investment network established in 2006 and headquartered in Chicago, Illinois. It offers a platform for alumni interested in entrepreneurship to invest in and support early-stage ventures, primarily within the Chicago area. The organization is recognized as one of the city's most active early-stage investors, comprising current and former executives, entrepreneurs, and venture capitalists dedicated to nurturing high-potential entrepreneurial projects. By leveraging their capital, expertise, and time, members aim to foster the growth of innovative businesses. The network complements other initiatives, such as the Distinguished Speaker Series in Entrepreneurship and the Alumni New Venture Competition, contributing significantly to the local entrepreneurial ecosystem.
Flow Medical specializes in the development of advanced multi-function catheters aimed at diagnosing and treating venous thromboembolic conditions, including pulmonary embolism. Their innovative platform enhances clot visualization and allows for the direct delivery of clot-dissolving medication to the blockage. Additionally, it enables real-time monitoring of treatment progress, empowering clinicians to tailor therapies to individual patient needs effectively. This approach positions Flow Medical as a key player in improving patient outcomes in the management of thromboembolic illnesses.
Colorcast
Seed Round in 2022
Colorcast is a mobile application that offers live audio commentary to enhance the experience of shared visual events. Established in 2019 and based in Austin, Texas, the platform connects streaming commentators with sports fans and event audiences, allowing users to share their perspectives on various live events, including sports games and political discussions. By focusing on an audio-first approach, Colorcast provides a diverse range of commentary options, enriching the viewing experience for users. Additionally, the company has ventured into providing tools for sports betting, enabling bettors to research, analyze, and execute picks across major sportsbooks, thereby assisting them in making informed betting decisions.
Ping Corporation
Pre Seed Round in 2021
Ping is a B2B, SaaS-based company that utilizes wearables and AI to improve caregiving for older adults. We focus on the safety, wellness, and social connection of our elders. By using wearables data collected from our elderly users, our Machine Learning algorithms capture and present critical and actionable data to their families and caregivers.
Gearflow
Seed Round in 2021
Gearflow is a company focused on streamlining the parts ordering process for heavy equipment fleets. It offers a platform that simplifies access to parts suppliers, enhances communication, and provides robust reporting capabilities. Designed for small to midsize construction contractors, the platform serves as an outsourced parts and tool manager, allowing equipment and parts sellers to list their inventories nationally and create unique storefronts. Users can manage all aspects of the sales process through a single dashboard, which facilitates nationwide sales, package tracking, and overall process management, thereby improving efficiency and accessibility in the construction industry.
Shakers
Pre Seed Round in 2021
Shakers operates a digital platform designed to enhance collaboration between freelancers and companies. By leveraging advanced technology, the platform connects organizations with verified talent, focusing on aligning personal and professional attributes such as experience, skills, motivations, and personality. HR leaders can utilize Shakers' AI-powered smart team builder to create new teams or augment existing ones, streamlining the process of team formation. Additionally, the platform offers tools for communication, task organization, project management, and performance feedback, allowing users to manage their projects efficiently and effectively.
Swarm Engineering
Seed Round in 2021
Swarm Engineering is a developer of a Software-as-a-Service platform that utilizes advanced cognitive computing to enhance the food supply chain and logistics. The company’s software employs a multi-agent system combined with machine learning to optimize various business processes, including load planning, inbound logistics, product blending, and pricing. By integrating multiple processes both within and outside corporate boundaries, Swarm Engineering delivers comprehensive benefits that go beyond isolated optimizations. This approach enables businesses in the food, logistics, and container port sectors to reduce costs and improve operational efficiency.
NovaScan
Convertible Note in 2021
Founded by the former Dean of the Engineering school of the University of Wisconsin Milwaukee, NovaScan has developed and is committed to commercializing its breakthrough technology for cancer detection – solutions that require no capital equipment, are not constrained by size, provide instantaneous results, and unmatched accuracy.
Tire Agent
Seed Round in 2020
Tire Agent Corp. is an online tire retailer that functions as a mobile tire store, allowing customers to order tires online and receive installation at their home or office. Established in 2017 and based in New York, the company serves as a search engine and aggregator for tires and wheels. Tire Agent provides personalized tire recommendations tailored to each customer's vehicle and driving habits, ensuring that clients receive expert guidance suited to their needs. In addition to its core offerings, the company also supports warranty claims and emphasizes delivering premium service at competitive prices.
Surgical Innovation Associates
Series A in 2019
Surgical Innovation Associates, Inc. is a medical device company based in Chicago, Illinois, focused on developing innovative solutions for plastic, reconstructive, and general surgery. Founded in 2014, the company aims to enhance the standard of care while reducing systemic costs through its range of implantable devices. Its flagship product, DuraSorb® Monofilament Mesh, is designed for soft tissue reinforcement in surgical procedures and is US FDA 510(k) cleared and CE marked. The mesh, made from polydioxanone, features a unique design that minimizes bacterial adhesion and promotes healing by absorbing in alignment with the tissue's natural recovery. This allows for versatility in surgical applications, enabling surgeons to manipulate the mesh similarly to autologous tissue. Surgical Innovation Associates serves both domestic and international markets, addressing key clinical needs with a growing pipeline of novel medical devices.
Tivic Health
Seed Round in 2019
Tivic Health is a bioelectronic therapeutics company that specializes in developing non-invasive medical devices aimed at enhancing healthcare through neuroscience. The company focuses on creating consumer-friendly products that activate the body's natural healing mechanisms, offering an alternative to traditional pharmaceutical treatments. Its flagship product, ClearUP Sinus Pain Relief, is a patented handheld device designed to provide temporary relief from sinus pain and congestion associated with nasal allergies and sinus infections. The device employs ultra-low current electrical waves and has been clinically validated for its efficacy. Tivic Health received FDA clearance for ClearUP in January 2019, with the product set to be shipped starting in September 2019.
FourKites
Series C in 2019
FourKites, Inc. is a Chicago-based software company that specializes in developing a predictive supply chain platform for freight brokers and shippers. Founded in 2013, it provides a real-time tracking solution that enhances the visibility of shipments for shippers, carriers, third-party logistics companies, and freight brokers. The platform includes features like BackHaul Management, which helps identify potential deadhead miles, and CarrierLink, which facilitates real-time communication between brokers and owner-operators. By leveraging AI technology, FourKites creates comprehensive digital representations of supply chains, automates problem resolution, and improves collaboration among stakeholders. This approach enables businesses to enhance operational efficiency, lower costs, and strengthen customer relationships through improved on-time performance and proactive management of shipment exceptions.
Jiobit
Venture Round in 2018
Jiobit is the world's smallest and longest lasting tracking solution. With a Jiobit device and smartphone app, parents (and pet parents) can find their loved ones anywhere: Indoors, outdoors, in over 120 countries and even in multi-level buildings. With weeks of battery life and a durable and discreet design, Jiobit is the world's smallest real-time location tracking product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, Jiobit gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavors and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley.
Azumo
Series B in 2018
Azumo front light is here to light the way to the new era of high efficiency, durable displays that don’t fight the environment but work in tandem with it. The time has come for all of us to reflect on what displays can do for devices.
Regroup
Series B in 2018
Regroup offers integrated telepsychiatry services that enable remote psychiatric care through live video conferencing. By utilizing advanced encryption technologies, the company ensures patient privacy and the confidentiality of personal health information. Regroup's services enhance access to mental health care, allowing patients to overcome challenges such as geographic distances, mobility restrictions, transportation issues, and the associated time and cost burdens of in-person visits.
Swarm Engineering
Seed Round in 2018
Swarm Engineering is a developer of a Software-as-a-Service platform that utilizes advanced cognitive computing to enhance the food supply chain and logistics. The company’s software employs a multi-agent system combined with machine learning to optimize various business processes, including load planning, inbound logistics, product blending, and pricing. By integrating multiple processes both within and outside corporate boundaries, Swarm Engineering delivers comprehensive benefits that go beyond isolated optimizations. This approach enables businesses in the food, logistics, and container port sectors to reduce costs and improve operational efficiency.
CFX Markets
Series A in 2017
CFX Markets is the first centralized and digitized secondary market for alternative assets; a central trading platform where investors can buy and sell shares of illiquid assets in an efficient and seamless way. We provide an open and secure network to facilitate secondary market transactions of private securities in alternative assets, bringing liquidity to the investors who invest nationwide in these private securities as well as those investors that are taking part in the exploding crowdfunding industry. In short, we make it easier and more efficient to invest.
Jiobit
Seed Round in 2017
Jiobit is the world's smallest and longest lasting tracking solution. With a Jiobit device and smartphone app, parents (and pet parents) can find their loved ones anywhere: Indoors, outdoors, in over 120 countries and even in multi-level buildings. With weeks of battery life and a durable and discreet design, Jiobit is the world's smallest real-time location tracking product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, Jiobit gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavors and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley.
NuCurrent
Venture Round in 2017
NuCurrent, Inc. is a developer based in Chicago, Illinois, specializing in high-efficiency antennas and inductive components for wireless power applications. Founded in 2009, the company designs, fabricates, and integrates wireless power antennas and surface-mount inductors for various applications, including power electronics, RF devices, and frequency synthesizers. NuCurrent's products comply with industry standards such as the Alliance for Wireless Power and the Wireless Power Consortium, ensuring broad compatibility. The company collaborates closely with original equipment manufacturers (OEMs) and integrators to provide custom-designed, rapid-prototype solutions that enhance efficiency, reduce size, and lower costs. By employing patented designs and advanced manufacturing techniques, NuCurrent aims to improve the durability and performance of wireless power systems, facilitating the evolution of electronic devices.
ExplORer Surgical
Series A in 2017
ExplORer Surgical Corp. develops an interactive surgical playbook that enhances teamwork and communication in the operating room. Founded in 2013 and based in Chicago, Illinois, the company offers a software solution that allows healthcare providers to compare performance, track case progression in real time, and forecast various operational metrics, such as staffing and equipment use. The platform provides customizable surgical workflows tailored to patient needs and surgeon preferences, minimizing disruptions and reducing waste. By facilitating coordination among surgical teams and offering real-time performance data, the software improves efficiency and quality of care, enabling medical professionals to focus on successful procedures. Additionally, ExplORer Surgical aids medical device companies in the rollout of new devices, contributing to improved medical education and operational cost savings.
Regroup
Series A in 2017
Regroup offers integrated telepsychiatry services that enable remote psychiatric care through live video conferencing. By utilizing advanced encryption technologies, the company ensures patient privacy and the confidentiality of personal health information. Regroup's services enhance access to mental health care, allowing patients to overcome challenges such as geographic distances, mobility restrictions, transportation issues, and the associated time and cost burdens of in-person visits.
MortgageHippo
Seed Round in 2017
Based in Chicago, MortgageHippo is a financial technology company offering a comprehensive suite of web and mobile-ready products white-labeled for banks, credit unions and mortgage lenders. MortgageHippo is focused on delivering an intuitive, smooth and efficient Borrower and Lender Experience.
Jiobit
Seed Round in 2017
Jiobit is the world's smallest and longest lasting tracking solution. With a Jiobit device and smartphone app, parents (and pet parents) can find their loved ones anywhere: Indoors, outdoors, in over 120 countries and even in multi-level buildings. With weeks of battery life and a durable and discreet design, Jiobit is the world's smallest real-time location tracking product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, Jiobit gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavors and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley.
Occasion
Venture Round in 2016
Occasion is an online tool that assists firms in connecting with their customers. The platform offers analytics, calendars, integration, management, payment, promotion, publishing, and support services to its clients. Analytics consists of dashboard, google analytics, and sales, trend, export, and tax reports. Calendars consist of calendar synchronization, display, and personalization. Integration consists of email marketing, accounting, and automation. Management consists of customer profiles, accounts, and online and retail synchronization. Payment consists of taxes, payment gateways, store credit, and automatic taxes. Promotion consists of gift cards, vouchers, discounts, and promotional dashboards. Publishing consists of website sales, personalized URLs, Facebook, and twitter. Occasion was launched in 2013 by Pelle ten Cate, Aksh Gupta, Eric Di Silvestro, and Kieran Klaassen and is based in Chicago.
FourKites
Series A in 2016
FourKites, Inc. is a Chicago-based software company that specializes in developing a predictive supply chain platform for freight brokers and shippers. Founded in 2013, it provides a real-time tracking solution that enhances the visibility of shipments for shippers, carriers, third-party logistics companies, and freight brokers. The platform includes features like BackHaul Management, which helps identify potential deadhead miles, and CarrierLink, which facilitates real-time communication between brokers and owner-operators. By leveraging AI technology, FourKites creates comprehensive digital representations of supply chains, automates problem resolution, and improves collaboration among stakeholders. This approach enables businesses to enhance operational efficiency, lower costs, and strengthen customer relationships through improved on-time performance and proactive management of shipment exceptions.
IntelinAir
Debt Financing in 2016
IntelinAir, Inc. is an aerial imagery analytics company based in San Jose, California, that specializes in providing actionable intelligence to the agriculture sector. Founded in 2014, IntelinAir develops technology solutions that utilize aerial data to facilitate quick decision-making for farmers. Their innovative SafeSmart technology includes precision flight and data analysis capabilities, embodied in their UAV products, such as the SafeSmart RD-100 and RD-200, which serve academic research and development needs. The company's interactive crop intelligence platform offers comprehensive field views, prioritizes monitoring efforts, and supports timely assessments, enabling farmers and agricultural retailers to enhance operational efficiency, improve crop yields, and identify sustainability opportunities. Through these solutions, IntelinAir aims to empower farmers to make data-driven decisions that ultimately increase profitability.
Jiobit
Convertible Note in 2016
Jiobit is the world's smallest and longest lasting tracking solution. With a Jiobit device and smartphone app, parents (and pet parents) can find their loved ones anywhere: Indoors, outdoors, in over 120 countries and even in multi-level buildings. With weeks of battery life and a durable and discreet design, Jiobit is the world's smallest real-time location tracking product. The mobile app (run through a wireless subscription service) offers the most comprehensive set of monitoring and notification features available on the market. Overall, Jiobit gives parents peace of mind while allowing kids to be kids. The Jiobit team is comprised of seasoned engineers, designers, and marketers with a history of building innovative and disruptive consumer products and businesses. The team has logged a combined 150 patents from previous endeavors and developed and shipped products selling in the millions worldwide. We are proudly headquartered in Chicago, with a development center in Silicon Valley.
Regroup
Seed Round in 2016
Regroup offers integrated telepsychiatry services that enable remote psychiatric care through live video conferencing. By utilizing advanced encryption technologies, the company ensures patient privacy and the confidentiality of personal health information. Regroup's services enhance access to mental health care, allowing patients to overcome challenges such as geographic distances, mobility restrictions, transportation issues, and the associated time and cost burdens of in-person visits.
Classroom IQ
Seed Round in 2016
ClassroomIQ is a fast, online grading tool for teachers. Grade hundreds of questions in minutes. Use your existing assignment formats. Instant analysis for immediate feedback. Works on any web connected device.
CFX Markets
Convertible Note in 2016
CFX Markets is the first centralized and digitized secondary market for alternative assets; a central trading platform where investors can buy and sell shares of illiquid assets in an efficient and seamless way. We provide an open and secure network to facilitate secondary market transactions of private securities in alternative assets, bringing liquidity to the investors who invest nationwide in these private securities as well as those investors that are taking part in the exploding crowdfunding industry. In short, we make it easier and more efficient to invest.
Enflux
Seed Round in 2016
Enflux, Inc. specializes in smart clothing designed for various athletic activities, including weightlifting, running, yoga, and cycling. Founded in 2015 and based in Costa Mesa, California, the company develops motion capture apparel that tracks vital metrics such as range of motion, velocity, and body positioning, which are essential for enhancing athletic performance. Enflux's product line includes shirts and pants equipped with advanced technology, and the accompanying application provides real-time feedback to help users improve their training. The clothing is designed to be stylish, affordable, and mobile, featuring a rechargeable battery that lasts up to 14 hours. Enflux also serves a broader technology platform for virtual reality, fitness, and health, catering to clients like Hasbro and The Jim Henson Company.
Gila Therapeutics
Series A in 2016
Gila Therapeutics, Inc. is a clinical-stage pharmaceutical company based in Minneapolis, Minnesota, focused on developing therapies for obesity. Established in 2014, the company is working on GT-002, a PYY3-36 agonist designed to reduce caloric intake and promote weight loss. Gila Therapeutics employs innovative routes of administration to create non-invasive treatments for metabolic diseases, aiming to increase feelings of fullness and help individuals manage their weight effectively.
FourKites
Seed Round in 2016
FourKites, Inc. is a Chicago-based software company that specializes in developing a predictive supply chain platform for freight brokers and shippers. Founded in 2013, it provides a real-time tracking solution that enhances the visibility of shipments for shippers, carriers, third-party logistics companies, and freight brokers. The platform includes features like BackHaul Management, which helps identify potential deadhead miles, and CarrierLink, which facilitates real-time communication between brokers and owner-operators. By leveraging AI technology, FourKites creates comprehensive digital representations of supply chains, automates problem resolution, and improves collaboration among stakeholders. This approach enables businesses to enhance operational efficiency, lower costs, and strengthen customer relationships through improved on-time performance and proactive management of shipment exceptions.
Regroup
Seed Round in 2015
Regroup offers integrated telepsychiatry services that enable remote psychiatric care through live video conferencing. By utilizing advanced encryption technologies, the company ensures patient privacy and the confidentiality of personal health information. Regroup's services enhance access to mental health care, allowing patients to overcome challenges such as geographic distances, mobility restrictions, transportation issues, and the associated time and cost burdens of in-person visits.
StreetShares
Seed Round in 2015
StreetShares, Inc. operates a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Founded in 2014 and based in Reston, Virginia, the company provides a lending-as-a-service platform that enables community banks and credit unions to offer small business loans efficiently. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. The platform supports financial institutions in delivering loans with a streamlined, digital experience, featuring rapid underwriting processes. StreetShares has gained recognition for its innovative approach in the financial technology sector, facilitating greater access to capital for small businesses.
FourKites
Seed Round in 2015
FourKites, Inc. is a Chicago-based software company that specializes in developing a predictive supply chain platform for freight brokers and shippers. Founded in 2013, it provides a real-time tracking solution that enhances the visibility of shipments for shippers, carriers, third-party logistics companies, and freight brokers. The platform includes features like BackHaul Management, which helps identify potential deadhead miles, and CarrierLink, which facilitates real-time communication between brokers and owner-operators. By leveraging AI technology, FourKites creates comprehensive digital representations of supply chains, automates problem resolution, and improves collaboration among stakeholders. This approach enables businesses to enhance operational efficiency, lower costs, and strengthen customer relationships through improved on-time performance and proactive management of shipment exceptions.
NuCurrent
Series A in 2014
NuCurrent, Inc. is a developer based in Chicago, Illinois, specializing in high-efficiency antennas and inductive components for wireless power applications. Founded in 2009, the company designs, fabricates, and integrates wireless power antennas and surface-mount inductors for various applications, including power electronics, RF devices, and frequency synthesizers. NuCurrent's products comply with industry standards such as the Alliance for Wireless Power and the Wireless Power Consortium, ensuring broad compatibility. The company collaborates closely with original equipment manufacturers (OEMs) and integrators to provide custom-designed, rapid-prototype solutions that enhance efficiency, reduce size, and lower costs. By employing patented designs and advanced manufacturing techniques, NuCurrent aims to improve the durability and performance of wireless power systems, facilitating the evolution of electronic devices.
Azumo
Series A in 2014
Azumo front light is here to light the way to the new era of high efficiency, durable displays that don’t fight the environment but work in tandem with it. The time has come for all of us to reflect on what displays can do for devices.
TruMarx Data Partners
Angel Round in 2012
TruMarx Data Partners, Inc. is a cloud-based software company that specializes in automating the negotiation and execution of over-the-counter (OTC) bilateral transactions. Its primary offering, COMET, is an on-demand platform that enables subscribers to publish, negotiate, and finalize customized OTC transactions efficiently. The platform features electronic and confidential posting of requirements, one-to-one negotiation of terms, and automated transaction confirmations, which enhance trading efficiency and streamline compliance. Founded in 2006 and headquartered in Chicago, Illinois, TruMarx Data Partners also has regional offices in Westport, Connecticut; Houston, Texas; and Tampa, Florida. Through its solutions, the company aims to provide clients with improved profitability and a competitive edge in the marketplace.
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