At a Glance
Hyde Park Venture Partners was founded in 2008 as one of Chicago's first dedicated venture capital firms, focusing exclusively on early-stage B2B technology companies in the Midwest. Led by managing partners including Tim Kopp and Ira Darocha, HPVP has been a cornerstone of the Chicago startup ecosystem for over 15 years. The firm typically invests $1M to $5M in seed and Series A rounds, with a particular focus on SaaS, enterprise software, and fintech companies that can benefit from Chicago's central location and cost advantages. Notable portfolio companies include ActiveCampaign, which became a billion-dollar marketing automation platform, and Sprout Social, which went public in 2019. HPVP is known for its hands-on approach and deep operational expertise, often taking board seats and working closely with founders on go-to-market strategy and scaling operations. The firm has consistently championed the Midwest as an undervalued market for venture investing.
“Backs B2B software founders building market-defining companies from the Midwest.”
Hyde Park Venture Partners primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Hyde Park Venture Partners is headquartered in Chicago, IL. Many of their portfolio companies are also based in this region, though they invest across geographies.
Hyde Park Venture Partners focuses on investments in Enterprise, SaaS, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
Hyde Park Venture Partners's typical investment check size ranges from $500K to $8M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Hyde Park Venture Partners manages approximately $300M+ in assets under management (AUM) across their funds.