OCA Ventures related stories
All articles and analysis

- Fintech startup Ascend nets $11 mln
San Francisco-based financial tech startup Ascend Consumer Finance has secured $11 million in funding. The investors included Mucker Capital, OCA Ventures, Partech Ventures, Tekton Ventures and Cendana Investments LP.
- Levyx, big-data-tech provider, closes $5.4 mln Series A led by OCA
Levyx Inc, the Irvine, California, producer of cost-efficient big-data infrastructure technology for all size enterprises, closed a $5.4 million Series A financing led by OCA Ventures of Chicago. In a statement, Levyx said that other participating investors included Amino Capital (aka zPark Capital) of Palo Alto, California, and Sumavision USA Corp. Sumavision Technologies Co is the Beijing provider of video-delivery solutions. Individual executives from tech companies including EMC and SAP also invested in the round. Levyx plans to use the funds to speed product development and boost sales and marketing.
- Ally Financial to buy TradeKing
Ally Financial Inc said April 5 it agreed to buy TradeKing Group Inc for about $275 million. Fort Lauderdale, Florida-based TradeKing is an online broker known for charging low fees. Investors include OCA Ventures and Battery Ventures. Buyouts Insider reported news of the auction in January. Goldman, Sachs & Co, Jarrett Lilien and Sullivan & Cromwell LLP advised Ally. TradeKing was advised by Bank of America Merrill Lynch and Cooley LLP.
- Solovis grabs $3.25 mln in Edison Partners-led round
Dallas and Charlottesville-based Solovis, a portfolio management and reporting solution for foundations, endowments, pensions and family offices, has secured $3.25 million in funding. Edison Partners led the round with participation from other investors that included MissionOG, OCA Ventures, Timberline Venture Partners and Northwestern University.
- Edumedica raises $4.2 mln
Edumedica said Monday that it closed $4.2 million in Series A financing led by Lunsford Capital LLC. OCA Ventures and a syndicate of angel investors and seed funds including Chrysalis Ventures Co-founder Doug Cobb, Enterprise Angels Fund, and 13 individuals geographically dispersed from Chicago to Florida. Louisville, Kentucky-based Edumedics is a healthcare delivery company that provides a complete care management solution for individuals who have—or are trending toward—diabetes and other chronic conditions.
- Edumedics grabs $4.2 mln Series A
Edumedics, a provider of care management solutions for people who have or are developing diabetes and other chronic conditions, has raised $4.2 million in Series A funding. Lunsford Capital LLC led the round with participation from other investors that included OCA Ventures, Enterprise Angels Fund, University of Louisville Foundation and Commonwealth Seed Capital Fund. In addition to the funding, Lunsford Capital Chairman/CEO Bruce Lunsford and Mike Stigler, director of Blue & Co LLC have been added to Edumedics' board of directors. Also, Edumedics has named Bob Saunders, a general partner at OCA Ventures, as a board observer.
- OCA Ventures leads Series A round for HealthiPASS
Illinois-based HealthiPASS, a patient check-in and payments company, has secured an undisclosed amount of Series A funding. OCA Ventures led the round with participation from other investors that included Beverly Capital and MPG Equity Partners.
- Insight leads $20 mln round for SpotHero
SpotHero said Wednesday it closed a $20 million Series B round led by Insight Venture Partners. SpotHero’s existing investors — Battery Ventures, Bullpen Capital, Chicago Ventures, Draper Associates, OCA Ventures, Pritzker Group Venture Capital and 500 Startups — also participated in the round along with Monkfish Equity, an investment group started by the founders of trivago. Chicago-based SpotHero is an on-demand parking service.