The 7 Companies in Chicago That Received Funding in February 2020

startup funding chicago

Chicago’s technology startup and venture capitalist scene continues to boom. During the month of February, these seven technology companies ranked in over $60M in funding to continue to grow and scale their businesses. Which of these companies are you most excited about?

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Company: Obie
Website: www.obiecre.com
Funding Date: 02/04/20
Funding Type: Seed Round
Funding Amount: $2.8M
Address: 1134 W Hubbard St, Chicago, IL 60642
Overview from their Crunchbase profile:

Obie eliminates broken spreadsheets, communication issues, and hours of paperwork and email. We enable professionals to focus less on tedious tasks and more on what matters most—running and growing their commercial real estate business.

Company: Foxtrot
Website: www.foxtrotco.com
Funding Date: 02/5/20
Funding Type: Series B
Funding Amount: $24.8M
Overview from their Crunchbase profile:

Foxtrot is a mobile app that lets you shop our curated collections of drinks, eats and everyday essentials, then sit back as it’s delivered to your door in under an hour.

Company: Nerdio
Website: www.getnerdio.com
Funding Date: 02/11/20
Funding Type: Series A
Funding Amount: $8M
Overview from their Crunchbase profile:

Nerdio is a pioneer in bringing a cloud-based IT environment to small and midsize organizations. Their depth of knowledge and experience gives you a seamless, reliable, secure and cost-effective IT solution.

Company: PartySlate
Website: www.partyslate.com
Funding Date: 02/21/20
Funding Type: Venture – Series Unknown
Funding Amount: $5.5M
Overview from their Crunchbase profile:

PartySlate is a website that inspires people planning events and connects them with the leading event professionals and venues across the country and the world. All memorable celebrations start on PartySlate.

Company: HealthJoy
Website: www.healthjoy.com
Funding Date: 02/24/20
Funding Type: Series C
Funding Amount: $30M
Address: 215 W Superior Street 5th Floor Chicago, Illinois 60654
Overview from their Crunchbase profile:

HealthJoy is a first-of-its-kind benefits experience platform helping companies save money while improving employee satisfaction. Through personalized guidance and AI technology, we empower employees to better use and understand their benefits. The result is happier employees, increased cost containment, and fewer questions for HR.

HealthJoy integrates a client’s existing benefits to deliver each employee a personalized digital benefits wallet that keeps benefits top-of-mind. Employees also gain on-demand access to online medical consultations, live healthcare concierges, Rx savings, and much more. HealthJoy empowers employees to become educated healthcare shoppers and fundamentally changing the dynamics of healthcare.

Company: TopBloc
Website: www.topbloc.com
Funding Date: 02/26/20
Funding Type: Private Equity
Funding Amount: Undisclosed
Address: 800 W. Huron St. #200, Chicago, IL, 60642
Overview from their Crunchbase profile:

TopBloc provides initial and phased Workday implementations, help desk technical and functional support, and managed payroll services across a wide range of industries, including technology, financial services, business services, and other sectors. Its services are augmented by proprietary technology which drives efficiency gains and facilitates data extraction and migration for customers.

Company: LineLibrary
Website: www.linelibraryexchange.com
Funding Date: 02/27/20
Funding Type: Seed Round
Funding Amount: Undisclosed
Address: 213 W. Institute Place, Chicago, IL 60610
Overview from their Crunchbase profile:

LineLibrary is building the next innovative sports betting platform to serve customers around the world. LineLibrary’s management team and advisory board is comprised of industry executives from quantitative finance, global sports marketing, and legacy C-Suite executives from the international gambling industry. LineLibrary is thoroughly focused on building intuitive products that consistently exceed market expectations.

 


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