Hyde Park Angels
| Industry | Venture capital |
|---|---|
| Founded | 2007 |
| Headquarters | Chicago, Illinois, United States[1] |
Key people | Managing Directors: Peter Wilkins |
| Website | hydeparkangels |
Hyde Park Angels is a venture capital group founded in 2007 and based in Chicago, IL, which focuses on angel investments.[2][3]
Structure and application process[edit]
The Hyde Park Angels' approach to investing is "more like a traditional venture capital firm."[4]
The process is:
- Companies are vetted and whittled down to about 75
- Those 75 are brought before a screening committee
- The screening committee signs off on a select few after consulting internal Hyde Park Angels (HPA) subject-matter experts
- Companies deliver pitch to subsection of HPA
- If selected, get to pitch before HPA
- Investment status determined with investment coming from group rather than individuals
Leadership[edit]
Peter Wilkins is the managing director since 2014,[5] with Michael Sachaj as the principal.
Board members include:
- Doug Monieson
- Bob Giammanco
- Chris Jensen
- Michelle Collins
- Joe LaManna
- Chris McGowan
- Ellen Rudnick
- Craig Vodnik
Hyde Park Angels was founded in April 2007 by classmates of Chicago Booth XP-76. They were Jeffrey Carter, Ryan Humphreys, Vishal Verma, Rick Schultz, Sharon McDade and Galen Williams.[citation needed]
Investments[edit]
As of 2016, Hyde Park Angels has investments in: Ahaology, Base, Brilliant, Catalytic, Dabble, The Eastman Egg Company,[6] Farmlogs,[7] Fishidy.com, fourkites,[8] Geofeedia, Glidera, In Context Solutions, intellihot, kenna, luxury garage sale, motion.ai, packback, parkwhiz,[9][10] Persio, Prism Analytical Technologies, Quikly, regroup therapy, RepIQ, Retrofit, Rheaply, Rithmio, sentic technologies, ShipBob, simple mills, sonar med, stream link software, transparent career, techstars, turbo appeal, ui co, Xaptum, ycharts.[citation needed]
Previous investments include NuCurrent.[11]
Acquisitions[edit]
Several of Hyde Park Angels' portfolio companies have subsequently been acquired: Fee Fighters, Food Genius, Grade Beam, Moxie Jean, Power 2 Switch, Simple Relevance, Supply Vision, Tap Me, Retal Technologies, Tempo IQ.[citation needed]
Partnerships[edit]
Hyde Park Angels works with the Chicago startup incubator 1871 to host events and educational series to help the entrepreneurial community in Chicago and the MidWest.[12][13] They also contribute to the local tech community through various other events, including TechWeek.[14]
References[edit]
- ^ "Hyde Park Angels Company Overview". Cue Ball. Retrieved 2019-05-29.
- ^ "Hyde Park Angels: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2016-11-30.
- ^ "You Can't Find Investors Without Doing This". Fortune. 2016-05-20. Retrieved 2016-11-30.
- ^ "Accredited Angel Group - Hyde Park Angels - Gust". gust.com. Retrieved 2016-11-30.
- ^ "Meet Hyde Park Angels' new managing director". Crain's Chicago Business. Retrieved 2016-11-30.
- ^ "Hyde Park Angels serves up $1.5 million to Eastman Egg Company". Crain's Chicago Business. Retrieved 2016-11-30.
- ^ Burns, Matt (15 January 2014). "FarmLogs Raises $4M Series A To Further Advance Farming Into The Age of Apps". TechCrunch. Retrieved 2016-11-30.
- ^ Loizos, Connie (12 October 2016). "FourKites raises $13 million to track trucks on the road for customers like Staples". TechCrunch. Retrieved 2016-11-30.
- ^ Fitchard, Kevin (2014-07-21). "ParkWhiz raises $10M as more VC cash flows to parking spot-booking startups". gigaom.com. Retrieved 2016-11-30.
- ^ Wasserman, Todd (19 December 2012). "Reddit Founder Backs Parking Reservation System ParkWhiz". Mashable. Retrieved 2016-11-30.
- ^ "Funding Daily: Today's tech funding stories, from augmented reality to health-tech". VentureBeat. 21 October 2014. Retrieved 2016-11-30.
- ^ Angels, Hyde Park (2016-01-05). "2016 Hyde Park Angels & 1871 Entrepreneurial Education Series – Hyde Park Angels". Medium. Retrieved 2016-11-30.
- ^ "How to Raise Venture Capital". www.f6s.com. Retrieved 2016-11-30.
- ^ McCarthy, Cathal (2016-05-16). "Announcing Techweek100 Chicago 2016". Techweek. Retrieved 2016-11-30.