
Hyde Park Angels is a well-established network of investors and entrepreneurs who have been actively involved in the Chicago startup scene for over a decade. They have invested in over 150 companies, creating thousands of jobs and generating hundreds of millions of dollars in revenue.
Hyde Park Angels was founded in 2005 by a group of seven entrepreneurs who wanted to create a community that would support and invest in innovative startups.
The network has grown to include over 100 members, making it one of the largest and most active angel groups in the country.
You might like: 5 3 Bank Hyde Park Cincinnati
Financials
Hyde Park Angels has a significant annual revenue. The Hyde Park Angels annual revenue was $20.7 million in 2025.
Their financials are substantial, with a notable revenue figure.
For more insights, see: Hyde Taste Burnt
Partnerships and Angels
Hyde Park Angels has a strong presence in the Chicago startup scene, collaborating with the city's startup incubator 1871 to host events and educational series. These events aim to support the local entrepreneurial community.
A different take: Business Angel Startup
One notable initiative is their partnership with 1871, which also includes contributing to the local tech community through various other events, such as TechWeek.
If you're a startup looking for funding, here are some key areas where Hyde Park Angels focuses its investments:
- Seed and early-stage startups
- Information technology (IT) startups
- Healthcare startups
Where Is Based?
Hyde Park Angels is based in Chicago, Illinois. This is a great example of a partnership that has a clear physical presence in the city.
Many angel investors are based in major cities, where they can easily connect with startups and entrepreneurs.
Latest News
Paccurate, a packing intelligence platform, just closed an $8.1 million Series A funding round led by High Alpha, with participation from other notable investors.
Paccurate's technology enables smarter packing decisions for businesses, lowering costs and enhancing sustainability efforts. This is especially important as e-commerce continues to grow rapidly.
Companies like Daily Harvest, Our Place, and Barrett Distribution Centers have already seen significant benefits from using Paccurate's platform, including a 15% reduction in shipping costs and a 14% cut in corrugate usage.
Paccurate's platform includes a lightweight API that suggests the optimal packing solution for every shipment, as well as a powerful analysis tool called PacSimulate that identifies ideal carton mixes or other packaging types.
With this new funding, Paccurate will continue to enhance and build on its platform capabilities and features, forging new partnerships with prominent solution providers.
Curious to learn more? Check out: New York Angels
Angels
Angels are a crucial part of the startup ecosystem, providing funding and expertise to early-stage companies. Hyde Park Angels, a Chicago-based group, has over 100 investors and focuses on midwest startups in seed and early stages, particularly in industrial technology, information technology, and financial services.
One notable investment by Hyde Park Angels is NuCurrent, made in 2014. They also have a long list of investments, including Ahaology, Base, and Farmlogs, among many others.
Hyde Park Angels has made a total of 148 investments, with their latest being in Paccurate as part of their Series A on October 22, 2024. Their Managing Director, Samuel Guren, has a strong background in finance, having worked at Baird, William Blair & Company, and Allied Capital.
Here are some key areas that Hyde Park Angels focuses on:
- Seed and early-stage startups
- Information technology (IT) startups
- Healthcare startups
- Tech startups
- Advanced materials startups
- Life sciences startups
Their investment strategy is centered around backing startups with well-defined problems and products in the alpha/beta stage.
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.
They also contribute to the local tech community through various other events, including TechWeek.
For your interest: Chicago Angel Investors
Sources
- https://en.wikipedia.org/wiki/Hyde_Park_Angels
- https://rocketreach.co/hyde-park-angels-profile_b5ce1fe4f42e0908
- https://www.cbinsights.com/investor/hyde-park-angels
- http://daremightythings.co/news/tech-conference-chicago-dare-mighty-things-hyde-park-angels/
- https://startupsavant.com/best-angel-investor-groups
Featured Images: pexels.com