Hyde Park Venture Partners

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Overview

Hyde Park Venture Partners is an early-stage venture capital firm headquartered in Chicago that invests in high-growth technology startups with connections to the Midwest, Toronto, or the Southeast, focusing on AI, software, and tech-enabled services.¹²³ The firm targets companies raising first or second rounds of capital, led by exceptional founding teams, and maintains offices in Chicago and Indianapolis.³⁴ It has managed multiple funds, including Fund IV closed in April 2024, and has backed notable mid-continent successes like ShipBob, FourKites, and G2.¹⁶

History

Hyde Park Venture Partners was founded in 2011, with partner Guy involved since the beginning.⁴⁶ The firm established itself as a partner to Midwest growth leaders, leading early investments such as ShipBob's Series F in 2022, FourKites' Seed in 2015 through Series D, and G2's Seed and Series A rounds.¹ It has closed seven funds, with the most recent being Fund IV in April 2024.⁶

Notable Products

Hyde Park Venture Partners Fund IV - Latest closed fund in April 2024, focusing on early-stage tech investments.
Investment in ShipBob - Participated since 2014, including Series F in 2022; company raised over $300M.
Investment in FourKites - Led Seed round in 2015 through Series D; supply chain visibility platform raised over $200M.
Investment in G2 - Invested in $2M Seed in 2014 and Series A; software review marketplace.

Reputation

Hyde Park Venture Partners is recognized by professionals for its focus on mid-continent tech startups and long-term support for portfolio companies like ShipBob and FourKites, attracting co-investors such as Bain Capital Ventures and SoftBank.¹ The firm is viewed as tenacious and value-adding with a Chicago base.²³ No specific criticisms noted in available sources.

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