Altruistically, we are big believers in supporting the Chicago entrepreneurial, startup and early stage ecosystem and nobody has a better platform for entrepreneurs to share their stories than Technori.
Chicago, IL (PRWEB)
June 19, 2017
Laveer Growth Capital, a Chicago-based company offering flexible financing solutions for early-stage growth companies, today announced it has led an investment in Technori, a digital media company that is headed by CEO Scott Kitun. JOLA Capital Advisors and Topping Capital participated with Laveer in the investment.
Technori focuses on building a movement and momentum around showcasing emerging startups from Chicago and throughout the Midwest. Each month, several hundred people gather at one of Technori’s main events, the Startup Showcase, to watch five new startups launch on a stage. Technori also uses its progressive website and studio to highlight companies, founders, and the larger Chicago startup community. Technori also has a growing and loyal audience for its podcasts and live streaming events.
More than 300 companies have presented at over 75 Technori events and have proceeded to raise more than $265 million in venture funding. Technori startups collectively employ over 3,000 people and have participated in some of the top accelerators in the world, including Y Combinator, Tech Stars, and AngelPad, with several already experiencing successful exits.
“Since taking the reins of Technori roughly a year ago, Scott has been on fire and it caught our attention,” said Dudley Beyler, Founder of Laveer Growth Capital. “Selfishly we are investing in Technori because we believe Scott’s digital media strategy is compelling in an industry where incumbents are struggling to keep pace. Altruistically, we are…