Innovators on the lakefront have made significant moves in spaces from in-person retail to tech-assisted surgery. Altogether, the Chicago tech companies that raised June’s largest funding rounds pulled in $202.5 million — more than double May’s $100.7 million sum. Check out how these companies will further their solutions.
Chicago’s Top Tech Funding Rounds, June 2023
- Augmedics
- Fly.io
- Paro
- Leap
- Copilot
#5. $10 million, June 19
Copilot provides tech services to businesses like law firms and marketing agencies to help them grow, incorporating tools like client portals and messaging. The company pulled in Series A funding led by YC Continuity to expand its team across engineering and product.
#4. $15 million, June 21
Leap provides brands with solutions to help launch and operate in-house retail stores, using data to improve the consumer experience. The company secured a new injection of capital led by BAM Elevate and Costanoa Ventures to fuel growth with existing and new brands, enhance its platform capabilities and accelerate its path toward profitability.
#3. $25 million, June 14
Series C capital for marketplace company Paro will help further develop its platform. The company’s tech uses an AI-powered matching solution to connect businesses to finance and accounting solutions. Paro will invest in accelerating business with enterprise clients and advancing its AI tools.
#2. $70 million, June 29
Fly.io equips businesses with tools for running full-stack apps and databases close to their users so those apps run more smoothly. The company secured a $70 million capital raise led by EQT Ventures to build a hardware fleet, expand its tech into more regions and reinforce its platform’s reliability.
#1. $82.5 million, June 27
The company employs augmented reality to equip surgeons with an image overlay of a patient’s spine during surgery, enabling them increased control and accuracy. Augmedics pulled in Series D capital from lead investor CPMG, with plans to expand its commercial footprint across the U.S. and build out the next generation of its tech.
