Chicago Ventures

Congrats! ?? CV portfolio company Aeropay announces $20M Series B. Read more in TechCrunch below, and please join us in congratulating CEO and Founder Daniel Muller on the company's progress!

?? Congratulations OneRail on your $42 million in Series C funding, led by Aliment Capital ???? "OneRail has been expanding rapidly in an effort to keep rivals at bay. The firm's revenue has grown 254% since November 2022, and it's hired a slew of executives, including a chief financial officer, Ed Carse. OneRail claims that its service now reaches over 400 cities in the U.S. and Canada and is handling more than 250,000 deliveries a day for around 50 brands." More in TechCrunch from Kyle Wiggers ?? #SeriesC #LogisticsTech #LastMileDelivery #OmnichannelFulfillment #TeamOneRail

?? Finding a parking spot in #Miami this holiday season is a lot like navigating the Everglades – it's easier if you have a guide. Thankfully, SpotHero is helping Floridians find their way... ????? Mark Lawrence, CEO of SpotHero, highlighted a key insight from their journey: "What we realized is that it's not a lack of parking that's the issue; it's that there's too much parking, and people simply don't know where to find it. By partnering with various public entities, we can enhance visibility and simplify the parking process for everyone. With our technology, users can just scan their phone to enter, and when they're ready to leave, they scan again, allowing for a seamless exit." For more ???

? Buy your ticket ?? ? Pack your bags ?? ? Reduce your sleep debt ?? Are you ready to go this holiday season? @RiseScience's @jfkahn shares science-backed tips to get more sleep and energy while traveling... Check out Condé Nast Traveler for more ??

?? Are online reviews really such a big deal? ?? Yes! And G2 has the receipts... ?? Online reviews have a big impact on purchasing decisions, with 93% of customers reading reviews before buying ?? Businesses leveraging positive reviews see increased trust, higher conversion rates, and improved revenue ?? Encouraging feedback and managing online reputation are key to turning reviews into a powerful revenue-driving tool full story ???

?? Telnyx introduces Voice AI for ultra-responsive, human-like interactions, making for a elevated customer experience with smarter voice tech ????? #VoiceAI #AI "We are thrilled to introduce Telnyx Voice AI, an all-in-one solution that combines the power of AI with Telnyx's communication capabilities," said Ian Reither, COO at Telnyx. "With Voice AI, businesses can deliver top-tier customer service and meaningful interactions at scale."

?? Telnyx introduces Voice AI for ultra-responsive, human-like interactions, making for a elevated customer experience with smarter voice tech ????? #VoiceAI #AI "We are thrilled to introduce Telnyx Voice AI, an all-in-one solution that combines the power of AI with Telnyx's communication capabilities," said Ian Reither, COO at Telnyx. "With Voice AI, businesses can deliver top-tier customer service and meaningful interactions at scale."

?? Golden Proportions Marketing is partnering with Sunbit to offer Buy Now Pay Later (#BNPL) options to more patients ?????? "Through this partnership, we're providing a seamless way for practices to reduce financial stress for patients while enabling more comprehensive treatment options," said Teia Engel, VP of sales and marketing at Golden Proportions Marketing. "Sunbit is an ideal solution for practices looking to make dental care more accessible. It's also a marketable feature that can enhance patient conversations and build trust."

?? #Supplychain visibility helps organizations improve decision-making, processes, performance, and helps to control costs... project44's VP Enterprise Sales Chris Kucher explains at the 2024 North American Supply Chain Executive Summit ??????

?? Congrats to Kin Insurance on another strong quarter! ?? Kin recorded $38 million in total revenue during the third quarter of 2024, compared to $24.1 million in the prior year's third quarter. Kin's managed reciprocal exchanges generated $124 million in gross written premium in the third quarter of 2024, compared to $78.3 million in the third quarter of 2023. Kin's premium in force grew to $465.7 million. "Q3 tends to be a slower growth quarter from a seasonal perspective, so we are pleased with a 58% year-over-year growth rate. We have also begun disclosing our gross profit margin which was 94% in Q3. Our main ongoing costs to service an existing customer include customer service and claims overhead, as the costs of claims and reinsurance are borne by the reciprocal exchanges we manage," said Kin Insurance Founder and CEO Sean Harper. "As you can see, our gross margins are quite high, especially compared to traditional insurance agencies or distributors, who pay ongoing commissions to their producers."