Q2 2024 Update

Hope everyone is enjoying the summer! Q2 was another busy quarter in the portfolio - lots of awards, hires and new launches, but also a few deals that haven’t been announced yet. More to come!

Portfolio Updates

• Honeycomb Credit (2022 investment) announced the closing of its $6m Seed+ round.
• Shipbob (2016) added Gail Goodman, former CEO of Constant Contact, as an independent board member, was highlighted as a Fast 50 by Crain’s Chicago and celebrated its 10th anniversary.
• Base?(2024), which creates curated, in real life?experiences for their members to build authentic connections, launched in the?Chicago market after its success in Miami. If you live in the Chicago area, learn more and apply here.
• WithMe’s (2016) Jonathan Treble was named as a finalist in the EY Entrepreneur of the Year program. The company also announced that its SipWithMe coffee amenity is now available in most major US markets.
• Lemonlight’s (2022) Hope Horner was highlighted as a two-time honoree on the Inc. Female Founders 250 list.
• XStereotype’s (2016) Larry Adams was named to Ad Age’s 2024 Tech Power List.
• Parentaly (2022) updated its brand identity.

About Network Ventures

Network Ventures is a Midwest-based, seed-stage venture capital firm focused on companies building network effects. Network Ventures typically invests in companies that are raising their first $500k-2.0m and often leads the round. We help companies grow from seed to Series A by providing capital, expertise and access to a broad network of companies and resources. For more information, go to www.networkventures.com.

Network Ventures is Raising!

Network Ventures is looking for investors that are passionate about supporting the Midwest startup ecosystem to fuel innovation and change (and make some money along the way). We are building a diverse network of Limited Partners that bring not only capital, but their own unique perspectives that can be helpful to our community. Email me or check out our rolling fund page on AngelList to learn more.