2020 has been an unprecedented year. Nearly every person, business and startup has been forced to adapt throughout the Covid-19 pandemic, which is proving to be one of the most challenging periods in modern history.
Every year, Inno recognizes the 50 people and companies that are innovating, growing and thriving in Chicago’s tech and startup scene, and this year is no different. Building a company is never easy, but it is most certainly more challenging during a pandemic. The tech companies and startups on our list this year are being recognized for their resilience, dedication and success despite the adversity presented by the pandemic.
So, what exactly makes a company or individual on fire? Inno recognizes people and companies that have had a banner year—whether that’s new funding, recent product launches, big hires, and of course, innovative approaches to addressing the Covid-19 pandemic. The companies on the list span from early-stage growth companies to some of Chicago’s biggest tech pillars. Winners are organized into seven categories, including B2B, B2C, Fintech, Food, Health Care, Lifestyle and Supporters.
To help celebrate this year’s winners, Inno invites you and your team, friends, family—and anyone interested or invested in Chicago startups—to join us for our Inno on Fire virtual event on Nov. 5. At the event, we’ll announce the seven Inno Blazers, the top-performing companies from each category that are chosen by a panel of esteemed judges. RSVP to the event here.
Now, without further ado, here are HPVP’s companies on the Chicago Inno’s 2020 Inno on Fire.
LogicGate: LogicGate works with companies in financial services, health care, retail and other industries, helping them with things like regulatory compliance, risk management and GDPR compliance. The Techstars grad raised a $24.75 million Series B round this year. It also brought on Emily Heath, the chief trust and security officer at DocuSign, to its board.
ShipBob: As one of Chicago’s most notable logistics startups, ShipBob helps small companies ship their products more efficiently. To support its growth, the startup raised $68 million in a Series D round of funding in September. ShipBob says it currently has 10 fulfillment centers across the United States, Canada and Europe. The company opened six new fulfillment centers since April, including two international locations, and it expects to open two more U.S. facilities in the fourth quarter, and another 10 facilities across North America, Europe, Asia and Australia in 2021.
Tock: As a business that provides an online reservation platform to restaurants, the coronavirus seemingly put Tock in a challenging spot. The fast-growing Chicago startup allows diners to put down a deposit in order to hold a table, essentially putting an end to no-shows for restaurants. But with restaurants across the country closing their dining rooms amid Covid-19, Tock acted fast to not only keep its business going, but to provide a needed service to a restaurant industry struggling to survive. In March, Tock launched Tock to Go, a feature that lets restaurants offer pickup and delivery. The service is aimed at restaurants that previously weren’t equipped to offer takeout, helping them recoup lost revenue and employ more of their staff. And in May, Tock raised $10 million.Read Original Article