TechRise Chicago
1234 W Fulton Market, Chicago, IL, 60607, United States
Overview
TechRise operates as a multi-stakeholder initiative supporting Chicago’s Black and Latinx tech founders. The company is powered by P33 in partnership with Verizon, 1871, investors, incubators, community leaders, and startup founders. TechRise offers a community, capital, and connections for every stage of business.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Construction
- Education
- Finance
- Food and Beverage
- Insurance
- Medical
- Professional Services
- Web Design
Investment portfolio
- Grapefruit Health
Participated · Seed · May 2023
Grapefruit Health builds a remote-work solution aimed at addressing the healthcare workforce shortage. The company announced it recently hit its one-year mark and is continuing to develop and scale its offering. It raised a $1.3 million pre-seed round that was 30% oversubscribed, providing early capital to expand operations. Investors in the round include Antler, GoAhead Ventures, Hustle Fund, Litquidity Capital, LongJump, SUM Ventures, Sweater, and Everywhere Ventures (The Fund). The company also received grants from Google for Startups, Village Capital, Rhetoric, and P33 Chicago, and credits mentorship from TechRise Chicago. Leadership frames the raise as the start of growth toward fixing healthcare staffing challenges.