Portfolio Company of the Year Award

IVCA Annual Awards

Begun in 2010, the Portfolio Company of the Year Award recognizes a venture capital-backed and a private equity-backed company based on the following criteria:

  • Company is headquartered in Illinois
  • Is/Was VC or PE backed, had a realized liquidity event in 2021 or 2022 and the exit was successful for investors 
  • Examples of a great outcome might include:
    • Great returns to investors
    • Speed to achieve key milestones
    • Impressive revenue growth
    • Impressive net growth
    • Impressive employment growth
    • Introduced a key and impactful technology
    • Turnaround story

Previous Awardees are:

2021:  Factor (Venture-backed)
2021: Option Care (Private equity-backed)
2020: Sprout Social (Venture-backed)
2019: Livongo (Venture-backed)
2019: Evans Food Group (Private equity-Backed)
2018: Aptinyx (Venture-backed)
2018: The Stepping Stones Group (Private equity-backed)
2017: Naurex, Inc. (Venture-backed)
2017: Kronos Foods (Private equity-backed)
2016: Cleversafe (Venture-backed)
2016: Sage Products (Private equity-backed)
2015: Paylocity (Venture-backed)
2015: Sterigenics International (Private equity-backed)
2014: GrubHub (Venture-backed)
2014: Fieldglass (Private equity-backed)
2013: Gogo (Venture-backed)
2013: Actient Pharmaceuticals (Private equity-backed)
2012:  SurePayroll (Venture-backed)
2012:  Flexera Software (Private equity-backed)
2011:  Accretive Health (Venture-backed)
2011:  Great Kitchens (Private equity-backed)
2010:  Initiate Systems, Inc. (Venture-backed)
2010:  Ovation Pharmaceuticals, Inc. (Private equity-backed)