While we’re primarily focused on Wisconsin's innovation economy, we also have our eyes on all of the startup and tech activity happening throughout the entire Midwest. Here are the major tech fundings, acquisitions, mergers, moves and IPOs that went down in the region in June. See all Midwest Reports here.
6/5: Green Bay Packers quarterback Aaron Rodgers launched a venture capital fund to invest in fast-growing consumer startups, and to help athletes have a stake in the companies they are hired to endorse. Rx3 Ventures, led by Rodgers and fellow co-founders Nate Raabe and Byron Roth of Roth Capital Partners, was officially unveiled on June 5th. Rodgers serves as a general partner of the $50 million fund.
6/6: Bloomington, Indiana-based FormAssembly, a web form platform that aims to help businesses collect and process data, raised a $10 million funding round from Level Equity.
6/10: Cleveland-based Splash Financial, a student loan refinancing startup, raised $4.3 million in funding from CUNA Mutual Group and Northwestern Mutual Future Ventures.
6/12: St. Louis-based Clever, a nationwide tech platform connecting home sellers with top-rated, full-service agents, raised a $3.5M Series A from Cultivation Capital and other angels.
6/18: Ann Arbor-based venture capital firm Arboretum Ventures raised $250 million for its fifth fund, Arboretum V, according to a SEC filing.
6/24: Omaha-based Flywheel, a WordPress hosting and management platform, was acquired by Austin-based WP Engine. Terms of the deal were not disclosed. Ahead of the acquisition, Flywheel had raised $14.2 million in funding from Five Elms Capital, Ludlow Ventures, Hyde Park Venture Partners, Lightbank and Linseed Capital.
6/25: Chicago-based Showpad, a provider of sales enablement software, raised a $70 million Series D from Dawn Capital and Insight Partners, with participation from Korelya Capital and insider Hummingbird Ventures.
6/25: Chicago-based Cameo, a platform that offers personalized celebrity videos, raised a $50 million Series B from Kleiner Perkins.
6/26: Detroit-based StockX, an online marketplace for shoes and accessories billing itself as "the stock market of things," raised a $110 million Series C funding from DST Global, General Atlantic and GGV Capital. The company also named Scott Cutler, former eBay and NYSE exec, as its new CEO.
6/26: Chicago-based ReviewTrackers, a business reputation management company, raised $10 million in funding from PeakSpan Capital.
6/27: Minneapolis-based ConnexPay, a travel industry payments provider, raised a $7 million Series A from BIP Capital.
6/27: Lincoln-based Opendorse, an athlete marketing platform, raised $3.1 million in funding from Serra Ventures and Flyover Capital.
(Data culled from Inno reporting, Fortune’s Term Sheet newsletter, Axios’ Pro Rata newsletter, SEC filings and more)
