Chicago’s rise as a tech hub is still accelerating. According to World Business Chicago, the rapid growth of the Midwest city as a producer of unicorns, or tech startups valued at over $1 billion, has only increased through 2021, with 8 new tech companies being minted as unicorns only halfway through the year, double last year’s count:
Chicago has been minting unicorn companies, or startups valued at over $1 billion, at a brisk rate in 2021. New unicorn G2 is the fifth of the year. The B2B enterprise software marketplace and review platform startup just raised $157 million in a Series D round led by Permira, a London-based private equity firm. So far, G2 has raised over $250 million in total.