Hyde Park Angels is a
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
group founded in 2007 and based in
Chicago, IL
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, which focuses on
angel investments.
Structure and application process
The Hyde Park Angels' approach to investing is "more like a traditional venture capital firm."
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
Peter Wilkins is the managing director since 2014, 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.
Investments
As of 2016, Hyde Park Angels has investments in: Ahaology, Base, Brilliant, Catalytic, Dabble, The Eastman Egg Company, Farmlogs, Fishidy.com, fourkites, Geofeedia, Glidera, In Context Solutions, intellihot, kenna, luxury garage sale, motion.ai, packback,
parkwhiz
ParkWhiz is an e-parking service that allows users to book parking spaces before reaching their destinations. ParkWhiz headquarters is located in Chicago, Illinois.
Origins
ParkWhiz was founded in 2006 by Aashish Dalal and Jon Thornton. The com ...
, Persio, Prism Analytical Technologies, Quikly, regroup therapy, RepIQ, Retrofit,
Rheaply
Rheaply, Inc. is a privately held B2B Software as a service company that specializes in enterprise asset management technology for the circular economy. The company markets resource exchange technology to improve asset recovery outcomes and int ...
, Rithmio, sentic technologies,
ShipBob, simple mills, sonar med, stream link software, transparent career, techstars, turbo appeal, ui co, Xaptum, ycharts.
Previous investments include NuCurrent.
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.
Partnerships
Hyde Park Angels works with the Chicago startup incubator
1871
Events January–March
* January 3 – Franco-Prussian War – Battle of Bapaume: Prussians win a strategic victory.
* January 18 – Proclamation of the German Empire: The member states of the North German Confederation and the sout ...
to host events and educational series to help the entrepreneurial community in Chicago and the MidWest. They also contribute to the local tech community through various other events, including TechWeek.
References
{{reflist, 2
Financial services companies established in 2007
Angel investors
Venture capital firms of the United States
2007 establishments in Illinois