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Tech Cocktail Chicago

Chicago Startups Had a $1 Billion Year in 2013

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This month, Built in Chicago reported that Chicago startups raised over $1B in 2013, exceeding 2012 numbers by 169 percent. Eighteen digital companies were acquired last year, and one company that went public generated a whopping $3 billion. In short, 2013 was a pretty good year for Chicago’s tech community.

According to Built in Chicago, some of the biggest players included Accelera Innovations, which raised $200 million, and Textura, which had its IPO last year. Additionally, nearly 78 companies each raised $1 million or more in capital in 2013.

This infographic from Built in Chicago spells out exactly why 2013 was a good year for Chi-town startups:

Infographic

 

 

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About the Author

Meg Rayford is a communications consultant based in Northern Virginia. She previously spent two years as the Director of Public Relations for a nonprofit startup, where she learned a lot about providing clean water for impoverished countries, even within the confines of a bootstrapped startup. She is the editor of Tech Cocktail, and she develops media strategies for companies in Washington, DC and Virginia. You can read her most recent work in the marketing chapter of the upcoming book, "Social Innovation and Impact in Nonprofit Leadership," which will be published in Spring 2014 by Springer Publishing. Follow her @megkrayford.

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