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November Midwest Report: All of the Region’s Major Tech Fundings, M&As and IPOs this Month


Midwest Report
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While we’re primarily focused on Minne’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 November. See all Midwest Reports here.

11/1: Chicago-based Leap, a retail-as-a-service provider that works with digital brands to launch experiential retrial stores, raised $3 million in seed funding from Costanoa Ventures, with participation from Equal Partners and Brand Foundry Ventures.

11/2: Wisconsin-based OnCourse Learning, a learning platform and provider of compliance solutions to businesses and professionals, was acquired by Bertelsmann Education Group. Terms of the deal were not disclosed.

11/6: Chicago-based The Minte, a provider of hotel-style housekeeping to luxury residences, raised a $2.25 million seed round from Dundee Venture Capital, with participation from MATH Venture Partners, Revolution's Rise of the Rest Seed Fund, Firebrand Ventures and Blue Note Ventures.

11/6: Minneapolis-based MatrixCare Holdings, a provider of long-term post-acute care software, was acquired by ResMed Operations for $750 million. OMERS Private Equity was the company's previous owner.

11/8: Chicago-based FLEx Lighting, a provider of front lighting for low power displays, raised a $9 million Series B from the Energy Foundry, with participation from SABIC Ventures and Bascom Ventures.

11/9: Chicago-based Opternative, a provider of online vision tests, raised $9 million in funding from Trust Ventures and Pritzker Group Venture Capital, with participation from Jump Capital.

11/13: Minneapolis-based Calabrio, a provider of customer engagement and analytics software, raised an undisclosed amount of funding from previous investor KKR, a NYC-based private equity firm.

11/14: Chicago-based parking app ParkWhiz raised an additional $5 million in its Series D, bringing its round to a total of $25 million. Investors included NewSpring Capital, Amazon's Alexa Fund, Alate Partners, Chaifetz Group, and Purple Arch Ventures.

11/15: Chicago-based Information Resources, a provider of data and predictive analytics software for consumer goods makers, had a stake of its business acquired by Vester Capital Partners from New Mountain Capital.

11/16: Madison-based Understory, a weather network and analytics company, raised a $7.5 million Series A from 4490 Ventures, with participation from Revolution's Rise of the Rest Seed Fund.

11/16: Chicago-based Jiobit, a provider of tracking devices and wireless location-based technologies, raised $6.5 million from NETGEAR.

11/16: Eagan, Minneapolis-based Jump Technologies, provider of hospital supply chain solutions, raised $2 million in funding from Black Granite Capital, with participation from Mount Sinai Ventures.

11/29: Chicago-based Tock, a restaurant reservation platform, raised a $9.5 million Series A from Valor Equity Partners, with participation from Origin Ventures.

11/29: Chicago-based private equity firm ParkerGale raised $375 million for its second tech buyout fund.

11/29: Minneapolis-based health care insurance startup Bright Health raised a $200 million Series C from Declaration Partners, Meritech Capital, Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates, Redpoint Ventures and Town Hall Ventures.

11/30: Des Moines-based private equity firm Midwest Growth Partners raised more than $102 million for its second fund, per an SEC filing.

(Data culled from Inno reporting, Fortune’s Term Sheet newsletter, Axios’ Pro Rata newsletter, SEC filings and more)


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