Countercyclical reposted this
Continuing TechNexus Venture Collaboratives’ #ReInventingIndustry series highlighting categories seeing the most disruptive venture activity locally, we now turn our attention to Chicago’s fintech and insurtech ecosystems—two massive industries with significant crossover around data and regulatory needs like fraud detection, KYC, and risk management—creating natural synergies for innovation. As we actively track over 75 early stage startups that have raised a total of $300M in capital, some areas we’re excited about: Alternative Assets: Outside of traditional investment options like stocks, bonds, real estate, etc - platforms are facilitating fractional ownership of more exotic assets, including franchises (FranShares), sports teams (GameGain), and youtube creators (GigaStar) Specialty Insurance: Bespoke insurance products for specialized industries like micromobility (Stable Micromobility) or trucking (LuckyTruck) are providing key solutions to underserved markets Capital Markets Infrastructure: In the ever evolving finance landscape, companies are building no-code platforms for spinning up new financial solutions (Neofin solutions ) and democratizing access to advanced trading tools (Architect) Are we missing any companies? Let us know in the comments or at joey@technexus.com Read the full article below! (linked in comments)