Tech roundup: DataCubes raises $2.5M, Belly rebrands and more

September 7, 2017

Chicago tech ends amazing fundraising summer with $47M August

Reverb.com's $15 million fundraising round lead all Chicago startups in August. Truss’ $7.7 million Series A was the second highest round and the largest Series A of the month. August ends a successful summer of fundraising for Chicago tech, which has raised $788 million since May. [Built In Chicago]

 

Belly announces rebrand and new focus

Chicago consumer loyalty rewards startup Belly has a new name, Hatch Loyalty, and a revised business model. Hatch Loyalty will focus on selling its customer loyalty software to gas stations and convenience store chains. [Crain’s]

 

September tech fundraising starts strong

ForeverCar, which sells independent extended warranties for cars, announced a $15 million round of funding on Tuesday. With the fresh funding, the startup will invest in chatbot technology and make additional hires in Chicago. [Built In Chicago]

Also on Tuesday, ride-sharing startup Via, which has offices in Chicago, announced a $50 million joint venture with Mercedes-Benz Vans that will see it launch in London and expand throughout Europe. In addition to the joint venture, Mercedes parent company Daimler is leading a larger round of funding that is still being finalized. [Built In Chicago]

On Thursday, DataCubes announced a $2.5 million Series A round led by Seyen Capital and MK Capital. The startup’s D3 platform uses machine learning and artificial intelligence to make commercial insurance underwriting less complex. DataCubes will use the round to make its platform more robust and scale its sales and marketing efforts. [Press release]

 

Vivid Seats launches inaugural national ad campaign

Chicago ticketing startup Vivid Seats is coming to a TV near you. On Wednesday, the company released two new 30-second ad spots just in time for the start of the NFL season and the MLB playoffs. The football commercial stars Randy Moss and Charles Woodson, while the baseball clip features Mark Teixeira and Cubs folk hero David Ross. [Press release]

 

Tide Spin launches Hurricane Harvey clothing drive

Tide’s on-demand laundry and dry cleaning startup, Tide Spin, has launched a clothing drive to support the victims of Hurricane Harvey. Throughout September, Chicagoans can schedule clothing donation pickups using the Tide Spin app. The collected clothes are washed and folded before being shipped to the Houston area. [Donate here]

 

Images via listed companies, social media and Shutterstock.

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