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Chicago Inno: Chicago VC Funding Off To Strong Start In 2020, Topping $164M In January

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Chicago tech and startup companies raised at least $164 million in venture capital throughout the month of January, according to data compiled by Chicago Inno.

January’s fundings were led by ActiveCampaign’s “mega round” of $100 million. It was followed by Clearcover, which raised $50 million.

January’s fundings point to a strong start for venture capital activity in Chicago. Local companies ended 2019 on a slower note, raising only $36 million in December. However, across the entire year, Chicago venture funding hit a decade high, with VC funding surpassing $2 billion in 2019.

View full article in Chicago Inno.