Hyde Park Angels
222 W Merchandise Mart Pl Ste 1212, Chicago, Illinois, 60654, United States
Overview
HPA operates in the financial services sector, focusing on early-stage investments. The company's People First model combines venture capital, a robust business network, and top-tier operating expertise to support the growth of its portfolio companies. HPA's services extend to all stages of a company's lifecycle, from seed to growth stages, providing financial and strategic support to help businesses thrive. It was founded in 2007 and headquartered in Chicago, Illinois.
- Total investments
- 107
- Lead investments
- 20
- Investments · 12mo
- 7
- Active investors
- 12
Sector focus
- Finance
- Financial Exchanges
- Financial Services
- FinTech
- Venture Capital
Investment portfolio
- Shelfmark
Participated · Seed · Aug 2026
Shelfmark builds a fully managed Physical AI platform that combines in-line industrial cameras, spatial sensing and proprietary deep-learning vision models to inspect high-speed continuous materials in real time. The platform fuses sensor data and embeds causal AI to link defect events with dynamic environmental and process inputs, enabling root-cause identification, prediction and guided corrective actions. Shelfmark reports 99.5% defect-detection accuracy in customer deployments, has halved inspection labor costs, generated returns up to 7x versus manual inspection, and achieved a 90% pilot conversion rate. Developed alongside operators in roughly 40 manufacturing facilities and built in Pittsburgh, the company serves initial markets including industrial films, decorated apparel, webbing and structured building components. With this funding Shelfmark plans to expand deployments, grow its sales and marketing team, and advance its roadmap from detection toward more autonomous production.
- Karoo Health
Participated · Series A · Jul 2026
Karoo Health builds an operating system for cardiovascular care that unifies clinical, claims, pharmacy and patient data to enable earlier risk detection and coordinated care. The company operates programs with national and regional health plans and supports a network of more than 600 cardiology providers across 11 states. In deployed programs, independent analyses reported reductions of more than 40% in emergency department visits and inpatient admissions and early results showing greater than a 10% reduction in total cost of care for attributed populations. Karoo plans to continue developing its AI-native platform—advancing predictive models and clinical signal detection—and to expand its engineering and clinical teams. The company will also scale deployments with payer and provider partners nationwide. Karoo announced the $16.2 million Series A in July 2026.
- Empirical Security
Participated · Series A · Jul 2026
Empirical Security develops predictive exploit intelligence using custom-built AI and machine learning models to support exposure management. Its flagship products are Foundation, a global model that monitors over 18,000 exploited CVEs to help predict threats, and Radiant, a custom predictive engine fine-tuned for each customer’s environment. The company rapidly fine-tunes deployments using curated, AI-mined, and customer-provided data. Empirical plans to use the Series A proceeds to accelerate development and deployment of Foundation and Radiant. The company has raised a total of $37M to date. It is led by CEO Ed Bellis, CTO Michael Roytman and Jay Jacobs and is based in Chicago, IL.
- Handspring Health
Participated · Series B · Jul 2026
Handspring Health operates a virtual mental health clinic focused on youth and young adults, employing clinicians trained in evidence-based modalities such as CBT, DBT and exposure therapy and providing mandatory ongoing clinical supervision and training. The company treats patients across a spectrum of acuity, including a complex care program for high-risk youth, and has treated more than 4,000 patients across nine states. Handspring reports revenue growth of more than 10x over the past two years and clinical outcomes including 93% of families reporting improvement at discharge, 81% of patients treated for anxiety showing clinically meaningful improvement, and 78% for depression. Over 95% of sessions are covered by insurance and the business is in-network with major commercial insurers like BlueCross BlueShield, Aetna, Cigna, UnitedHealthcare, Oscar and Optum. Handspring acquired Joon Care to expand services and in-network coverage in Washington State and plans to scale geographically, deepen payer partnerships, expand parent coaching and continue investing in its AI-enabled technology platform.
- Digit
Participated · Equity · Mar 2026
Digit, headquartered in Atlanta and led by CEO Dan Koukol, provides an AI-native operating system designed for manufacturing and distribution businesses. The platform embeds artificial intelligence to help operators identify revenue opportunities, improve margins, and increase throughput across operations. Digit positions itself as an alternative to legacy ERP systems and is supporting a growing number of manufacturers transitioning away from those systems. The company plans to use the new funding to expand engineering and product development, accelerate platform capabilities, and scale go-to-market efforts. Digit has raised a total of $6.3M to date following the $3.0M financing announced in March 2026. No revenue, user, or valuation figures were disclosed in the article.