These Chicago Startups Raised Over $140M in Funding in September

funding; startup; technology; chicago

Each month, we hear stories and read articles about new funding accrued by technology startups around the world. During September of 2019, the city of Chicago alone received over $140M in funding. Check out the companies below who have been celebrating all month long!

Chicago Funding in September 2019

Company: VillageMD
Website: www.villagemd.com
Funding Date: Sept. 4th, 2019
Funding Type: Series B
Funding Amount: $100M
Address: 125 S. Clark Street, Suite 900, Chicago, IL 60603
Overview from their Crunchbase profile:
“VillageMD collaborates with primary care physicians to maximize success in a changing health care environment. VillageMD’s goal is to be the largest, highest performing primary care-led network in the U.S. VillageMD is a leading provider of healthcare for organizations moving toward a primary care-led, high-value clinical model. The VillageMD solution provides the tools, technology, operations, and staffing support needed for physicians to drive the highest quality clinical results across a population. VillageMD works with physician groups, independent practice associations, and health systems to improve quality, deliver a first-rate patient experience, and lower costs in the communities they serve.”

Company: Ventiv Technology
Website: www.ventivtech.com
Funding Date: Sept. 9th, 2019
Funding Type: Private Equity
Funding Amount: Unknown
Address: 227 W Monroe St #650, Chicago, IL 60606
Overview from their Crunchbase profile:
“Ventiv Technology is a provider of risk management tools and resources for the risk managers to assess, mitigate, and analyze the risk.”

Company: Xeris Pharmaceuticals
Website: www.xerispharma.com
Funding Date
: Sept. 10th, 2019
Funding Type: Post-IPO Debt
Funding Amount: Unknown
Address: 180 North LaSalle Street, Suite 1600, Chicago, IL 60601
Overview from their Crunchbase profile:
“Xeris is a specialty pharmaceutical company leveraging its novel formulation technology platforms to develop and commercialize ready-to-use, liquid-stable injectables. The company’s proprietary XeriSol™ and XeriJect™ formulation technologies allow for the subcutaneous (SC) and intramuscular (IM) delivery of highly concentrated, non-aqueous, ready-to-use formulations of peptides, proteins, antibodies and small molecules using syringes, auto-injectors, multi-dose pens and infusion pumps.

Xeris’ platforms have the potential to offer distinct advantages over existing formulations of marketed and development-stage products. In particular, XeriSol™ and XeriJect™ offer the opportunity to eliminate reconstitution, enable long-term room temperature stability, significantly reduce injection volume, and eliminate the requirement for intravenous (IV) infusion. These attributes can lead to products that are easier to use by patients, caregivers, and health practitioners and reduce costs for payers and the healthcare system.”

Company: Forager
Website: www.foragerscs.com
Funding Date: Sept. 12th, 2019
Funding Type: Seed
Funding Amount: $3.3M
Address: 401 N May St, PH 2, Chicago, IL 60642
Overview from their Crunchbase profile:
“Forager is a venture-backed innovator in the cross-border logistics industry. With a combination of cutting-edge technology and decades of industry experience, forager is changing the game. We’re tackling the problems international shippers and carriers have faced for years and delivering seamless and modern transportation solutions for our customers.”

Company: Nexus A.I.
Website: www.nexusai.com
Funding Date
: Sept. 16th, 2019
Funding Type: Seed
Funding Amount: $2M
Overview from their Crunchbase profile:
“Nexus A.I. is a next-gen cloud platform that helps you staff and optimize your workforce across company projects. The Nexus platform curates both employee skills and experiences to determine how well individuals would fit within teams. Powered by artificial intelligence and organizational behavior science, Nexus team recommendations become better over time, ultimately creating better utilization and a more engaged workforce.”

Company: Alpha Kappa Alpha Sorority
Website: www.aka1908.com
Funding Date: Sept. 19th, 2019
Funding Type: Venture – Series Unknown
Funding Amount: $1M
Overview from their Crunchbase profile:
“Alpha Kappa Alpha Sorority, Inc. (AKA) is an international service organization that was founded on the campus of Howard University in Washington, D.C. in 1908. It is the oldest Greek-letter organization established by African-American college-educated women. Alpha Kappa Alpha is comprised of more than 283,000 members in 987 graduate and undergraduate chapters in the United States, Liberia, the Bahamas, the U.S. Virgin Islands, Germany, South Korea, Bermuda, Japan, Canada, and South Africa.”

Company: Walker Sands
Website: www.walkersands.com
Funding Date
: Sept. 23rd, 2019
Funding Type: Private Equity
Funding Amount: Unknown
Address: 55 W. Monroe Street, Suite 3925, Chicago, IL 60603
Overview from their Crunchbase profile:
“Walker Sands is a full-service B2B marketing agency with core capabilities in public relations, demand generation, branding, creative, marketing strategy and web. The firm’s integrated approach to marketing drives awareness, credibility and conversions for 100+ clients around the world. A seven-time Inc. 5000 honoree, Walker Sands is one of the fastest-growing B2B marketing agencies in the world, with offices in Chicago, San Francisco and Seattle. Learn more at walkersands.com.”

Company: SkinCure Oncology
Website: www.skincureoncology.com
Funding Date
: Sept. 24th, 2019
Funding Type: Private Equity
Funding Amount: $30M
Address: 200 S. Frontage Rd., Suite 200, Burr Ridge, IL 60527
Overview from their Crunchbase profile:
“SkinCure Oncology offers a support system trusted by Dermatologists for superficial radiation therapy (SRT) skin cancer treatment. SkinCure Oncology’s Superficial Radio Therapy that sees before it treats. SRT delivers optimum results without the negative side effects of invasive treatments. This is ideal for patients who want to avoid surgery or have existing medical conditions that make surgery a serious health risk.”

Company: Paro
Website: www.paro.io
Funding Date
: Sept. 26th, 2019
Funding Type: Series A
Funding Amount: $10M
Address: 1165 N. Clark Street, Suite 501, Chicago, IL 60610
Overview from their Crunchbase profile:
“Paro is the alternative employment model for the future of finance work. Through technology, Paro matches businesses with the highest vetted freelance bookkeepers, accountants, financial analysts, and CFOs who provide remote, on-demand, hourly support when clients need it. Founded in 2015, the company is headquartered in Chicago, Illinois.”

Company: Fyllo
Website: www.hellofyllo.com
Funding Date
: Sept. 27th, 2019
Funding Type: Seed
Funding Amount: $2M
Address: 845 W Washington Blvd, Chicago, IL 60607
Overview from their Crunchbase profile:
“Through our proprietary technologies, we are filling an unmet need for systems that enable cannabis brands and online publishers to meet compliance requirements on a large scale. Our CannaBrain™ technology ingests and interrogates billions of data points, allowing brands to safely build and execute advertising campaigns while also enabling publishers to create and monetize compliant ad inventory. As a first mover in the industry, our pioneering technology makes compliance at scale possible, helping the world realize the full potential of cannabis.”

 

At Karma Search LLC, we partner with tech startups to hire Technology and Creative individuals. Whether your tech startup is looking to hire a Software Engineer or another Technology or Creative candidate, we’ve got you covered.

Schedule a call with us today for a customized hiring strategy session catered to your tech startup. We work with tech startups across the US, including Des Moines, Chicago, Minneapolis, Boston, New York City, Austin, Indianapolis, Portland, Seattle, San Francisco, Denver, St. Louis, Kansas City, and more. www.trykarmasearch.com

Share this post:

Share on facebook
Share on twitter