IVCA Newsletter October 27, 2021

IVCA Newsletter



October 27, 2021

Association News

IVCA Feature: 4th Quarter Report Card: Online Articles Reviewing 2021 for Venture Capital and Private Equity

 Sign up for your Gold Sponsorship for the LIVE 2021 IVCA Awards Dinner!

Legislative News

IVCA Provides Updates for State Legislative Issues - 10/27/2021

IVCA Events

October 28, 2021 - Virtual CFO Summit for Finance Professionals of VC/PE Firms - contact Kathy Pyne at [email protected] for registration.

December 6, 2021 - IVCA Annual Awards Event

Other Events of Interest

October 19 - 20, 2021 - 2021 ACG Chicago Midwest Capital Connection

Industry News

GridRival Raises $3M to become the Motorsports-Exclusive DFS & Sports Betting Leader; KB Partners Leads Round

Toolio bags $8M in new funding to keep your retail shop fully stocked with the right products; Jump Capital Leads round

Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies; Hyde Park Venture Partners Leads Round

Ropes & Gray Advises Great Plains Capital in Equity Investment in Toppers Pizza

Locke Lord Team Represented Silver Oak Services Partners in Recapitalization of Drive

Martin Partners has recruited Travis McIntyre as CFO of ATA Title Insurance

7wireVentures Deepens Relationship with Zerigo Health Through Series B Investment

Deck Commerce Announces $7.8MM in Series A Funding from Plymouth Growth

Periscope Equity Makes Platform Investment in Praecipio Consulting, a Leading Agile Consultancy and Atlassian Solutions Partner

Tala Announces $40 Million in Debt Financing from Victory Park Capital

First Analysis invests in Lender Price, a leader in lending technology

Ropes & Gray Represents Daxko and GI Partners in the Recapitalization of Daxko

Arbor Investments Kicks Off Fund V with Acquisition of Bradshaw Home

Monroe Capital Supports H.I.G. Capital’s Recapitalization of Health Network One

Prisidio Raises $3.5 Million in Seed Funding to Help Store and Share Life’s Most Important Information

The Bottom Line: NewSpring Invests in Panorama Eye Care

Monroe Capital Supports The CM Group’s Acquisition of decile.ten communications

CORE Industrial Partners Furthers Its Investment Thesis into 3D Printing with the Acquisition of 3DXTECH, Triton And Gearbox

Ropes & Gray Advises Harvest Partners in Completion of its Acquisition of Fortis Solutions

Vertellus Completes Acquisition of IM Chemicals

Cressey & Company and Guardian Life Announce Partnership to Accelerate Growth for Guardian Subsidiary, Avēsis

CORE Industrial Partners Portfolio Company CGI Automated Manufacturing Acquires Advanced Laser Machining

Ropes & Gray Advises Partners Group and Kohlberg & Co. in Acquisition of BlueSky Restoration Contractors

Job Postings

Please view the details for each Job Posting listed below, on our website HERE. Once at Job Postings please scroll down the pages to view the jobs. They are listed chronologically as received, most current first.

October 2021:

Origin Ventures:  CFO

Origin Ventures is hiring a Chief Financial Officer to join their executive team and to help them shape Origin Ventures' next phase of growth  Click HERE for information!

KRD - Accountants, Consultants, Advisors

KRD has openings at all levels in our tax, audit and client services departments.

Do you know someone looking for a great opportunity with an accounting, finance or data analytics background?  We have a spot for them!
Please share their resume with  our HR Director Christi Gillen or Al Kutchins.

September 2021:

Full Time Analyst, Director of Partnership Platform – ARCH Venture Partners

We are looking for a full-time analyst to join ARCH Venture Partners (Chicago HQ). This analyst will play a central role in a high-visibility internal project, connecting corporate venture partners and tech scouts with cutting-edge research.

Our ideal candidate is self-directed, detail-oriented, and comfortable exercising initiative and operating with minimal guidance. Candidates must be excited about cutting-edge scientific technologies and comfortable going deep in a wide range of scientific domains.

This role is ideal for a high-performing person who is early in their career and wants to learn about the commercialization of science, corporate technology scouting, and venture capital.

Get information here!

 Analyst - NewSpring Capital

NewSpring Capital is looking for an analyst to support its Mezzanine strategy. In this position, you will play a critical role on our team of investment professionals who help to source new deals and manage our existing portfolio companies. You will provide support throughout the investment process and be involved in all aspects of the investment lifecycle including sourcing, underwriting and execution, monitoring and exiting.

Get all the details here!

August 2021

Nonprofit with venture capital model seeking new board members

A Better Chicago, a nonprofit venture philanthropy that aims to change how Chicago fights poverty, is seeking additional Board and Leadership Council members to provide strategic guidance, oversight, and support to the organization. A Better Chicago leverages a venture capital approach by investing in only the most promising and bold ideas that provide impactful, scalable opportunities for youth living in the city’s most vulnerable communities. Since 2010, A Better Chicago has raised more than $55 million to invest in its diversified portfolio of nonprofit organizations and to support over 100 capacity-building projects—ranging from strategic planning to leadership development—to strengthen the organizational capacity of its grantees. In total, A Better Chicago’s portfolio serves over 43,000 youth annually in the Chicago area.
Joining A Better Chicago’s Board of Directors or Leadership Council provides an unparalleled opportunity to impact Chicago while engaging in a community of like-minded leaders. The Board of Directors and Leadership Council are comprised of ambitious and experienced leaders from the public and private sectors who help shape the organization’s vision and strategy, interact with our community, and have access to exclusive, one-of-a-kind events. All Board and Leadership Council members share the organization’s values and are deeply committed to the mission of fighting poverty with opportunity. To learn more, please contact: Beth Swanson, Chief Executive Officer ([email protected]) or Becky Betts, Chief Marketing and External Affairs Officer ([email protected]) or visit abetterchicago.org.

July 2021

Two (2) Early Career Investors - Hyde Park Venture Partners

Hyde Park Venture Partners is hiring two early-career investment team members in Chicago, and are flexible across levels of experience from Analyst (less than 3 years’ prior relevant experience) to Associate (3–6 years prior relevant experience).

Get all the information HERE!

June 2021

Director of Communications - 7wireVentures

After closing our recent $150M Connected Consumer Health Fund, we are we are looking to expand our team to accelerate the growth of our firm’s brand and support our expanding portfolio. We are thrilled to announce that we are officially kicking off our search for a Director of Communications!

Role Summary:
7wireVentures (“7wire”) is seeking a Director of Communications to join our team. This role is an invaluable opportunity to become immersed in the digital health ecosystem, support entrepreneurs with mission-critical initiatives, and build the 7wireVentures brand. The Director of Communications will be a critical team member that drives the promotion of the unique 7wireVentures hands-on operational support model and ensures that the portfolio is highlighted in the market. This opportunity is about contributing to and leveraging the fund’s thought leadership and events, as well as spearheading community-building and outreach efforts to help promote the firm. We are looking for candidates that have a passion for entrepreneurship, strong oral and written communication skills, experience in marketing and communications, and an interest in improving the U.S. healthcare system.
Please note, this is not an investment position.
For complete information, please click HERE!


Illinois Venture Capital Association
Please mail all correspondence to: 27 N. Wacker Drive, #405, Chicago, IL 60606