Hyde Park Venture Partners closes a $98 million Fund IV and has $320 million in assets under management. The fund backs early-stage startups whose founders are mainly in the Midwest and Toronto, with limited partners including Illinois Growth and Innovation Fund, RK Mellon Foundation, Renaissance Venture Capital, NVNG, and Cintrifuse Capital.
Hyde Park Venture Partners closed a $98 million Fund IV. The close lifts the Chicago-based firm’s assets under management to roughly $320 million across four general funds and a $30 million Opportunity Fund launched in 2021. Fund IV has made two investments so far.
Hyde Park Venture Partners, a Chicago-based early-stage venture capital firm, raises $98 million for its fourth fund to back startups in the Midwest and Toronto.
Workday agrees to acquire VNDLY, a Mason, Ohio-based external workforce management platform, for $510 million. The HPVP portfolio company adds contractor management tools to Workday’s HR offerings.
