Clearcover raised $50M. The insurance startup uses technology to streamline its operations and cut costs, and allows its customers to file claims directly through its app. The Series C funding allows the company to accelerate its growth and double headcount over the next year. [Built In Chicago]
Chicago startups saw some big money in 2019. The top 10 funding rounds raised over $700 million in total. Tempus topped the list with a $200 million Series F. [Built In Chicago]
Eighty-two percent of shoppers think the responsibility to reduce online shopping returns lies with retailers. This data comes from a recent survey conducted by The Harris Poll on behalf of Threekit. Threekit offers a product visualization software so companies can represent items in 3D and augmented reality. [Press Release]
Creator of Hot Pockets disclosed an equity stake in Groupon. Richard Merage and his company MIG Capital announced the 5 percent stake on December 30. Merage seeks a seat on Groupon’s board of directors. [Barron’s]
