HPA (Hyde Park Angels)

Hyde Park Angels (HPA) stands as a leading early-stage investment group based in Chicago, Illinois, widely recognized as the most active angel network in the Midwest. While the provided short description suggested a focus on financial services, HPA's investment mandate is notably broader, encompassing diverse sectors such as SaaS, healthcare, FinTech, deep tech, and consumer products. Their strategic location in a vibrant tech hub allows them to tap into a rich pipeline of innovative startups, contributing significantly to the regional entrepreneurial ecosystem.

HPA primarily targets early-stage companies, typically engaging in Seed and Series A funding rounds. They are known for their flexible approach, capable of both leading investment rounds and participating alongside other investors. For a first check, HPA typically commits between $250,000 and $1,000,000, demonstrating their capacity to provide substantial initial capital. Beyond the initial investment, HPA also has the capacity for follow-on funding, allowing them to support portfolio companies as they scale, participating in rounds that can reach up to $2.5 million. This sustained support is a key differentiator, providing stability for growing ventures.

With a track record spanning over 15 years, Hyde Park Angels has made a significant impact on the startup landscape. The group has collectively invested over $40 million across more than 100 companies, showcasing their consistent activity and commitment to fostering innovation. HPA distinguishes itself not just through capital, but also through its robust network of over 100 active angel investors and a broader community of 2,000+ investors, mentors, and advisors. This extensive network provides invaluable strategic guidance, industry expertise, and connections, empowering their portfolio companies to navigate challenges and accelerate growth.