Hyde Park Angels Explained

Hyde Park Angels (HPA) is an American venture capital firm founded in 2007 and based in Chicago, IL. The company focuseses on angel investments in startup companies in Chicago and the American Midwest.^{[2] [3]}

The Hyde Park Angels' approach to investing is like a traditional venture capital firm.^[4] In each round a number of companies are vetted and screened by internal Hyde Park Angels subject-matter experts. The selected companies pitch to the HPA with any investment coming from group rather than individuals.

History

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.

Peter Wilkins has been the managing director since 2014,^[5] with Michael Sachaj as the principal.

Investments

In 2014, Hyde Park Anghels invested in NuCurrent.^[6]

, Hyde Park Angels has invested in: Ahaology, Base, Brilliant, Catalytic, Dabble, The Eastman Egg Company,^[7] Farmlogs,^[8] Fishidy.com, fourkites,^[9] Geofeedia, Glidera, In Context Solutions, intellihot, kenna, luxury garage sale, motion.ai, packback, parkwhiz,^{[10] [11]} 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.

Acquisitions

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.

Board

Board members include:

• Peter Wilkins
• Doug Monieson
• Bob Giammanco
• Chris Jensen
• Michelle Collins
• Joe LaManna
• Chris McGowan
• Ellen Rudnick
• Craig Vodnik

Partnerships

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]

Notes and References

1. Web site: Hyde Park Angels Company Overview. Cue Ball. 2019-05-29.
2. Web site: Hyde Park Angels: Private Company Information - Bloomberg. www.bloomberg.com. 2016-11-30.
3. Web site: You Can't Find Investors Without Doing This. 2016-05-20. Fortune. 2016-11-30.
4. Web site: Accredited Angel Group - Hyde Park Angels - Gust. gust.com. 2016-11-30.
5. News: Meet Hyde Park Angels' new managing director. Crain's Chicago Business. 2016-11-30.
6. Web site: Funding Daily: Today's tech funding stories, from augmented reality to health-tech. VentureBeat. 21 October 2014 . 2016-11-30.
7. News: Hyde Park Angels serves up $1.5 million to Eastman Egg Company. Crain's Chicago Business. 2016-11-30.
8. Web site: FarmLogs Raises $4M Series A To Further Advance Farming Into The Age of Apps. Burns. Matt. TechCrunch. 15 January 2014 . 2016-11-30.
9. Web site: FourKites raises $13 million to track trucks on the road for customers like Staples. Loizos. Connie. TechCrunch. 12 October 2016 . 2016-11-30.
10. Web site: ParkWhiz raises $10M as more VC cash flows to parking spot-booking startups. Fitchard. Kevin. 2014-07-21. gigaom.com. 2016-11-30.
11. Web site: Reddit Founder Backs Parking Reservation System ParkWhiz. Wasserman. Todd. Mashable. 19 December 2012 . 2016-11-30.
12. Web site: 2016 Hyde Park Angels & 1871 Entrepreneurial Education Series – Hyde Park Angels. Angels. Hyde Park. 2016-01-05. Medium. 2016-11-30.
13. Web site: How to Raise Venture Capital. www.f6s.com. 2016-11-30.
14. Web site: Announcing Techweek100 Chicago 2016. McCarthy. Cathal. 2016-05-16. Techweek. 2016-11-30.