A venture capital firm has selected Indianapolis to be home of its first office outside Chicago. Hyde Park Venture Partners says former ExactTarget Chief Marketing Officer Tim Kopp will be managing director of the office located on Monument Circle. March 11, 2015

News Release

CHICAGO, Ill. – Hyde Park Venture Partners (HPVP), an early stage venture capital firm that invests in technology companies across the Midwest, today announced that prominent investor and former CMO of ExactTarget, Tim Kopp, has been named partner and managing director of the Indianapolis office. Kopp, an influential investor, advisor and board member at high growth marketing companies including Monetate, Bizible, Ahalogy, hc1.com, LevelEleven and Geofeedia, will lead HPVP’s first office outside of Chicago on historic Monument Circle in Indianapolis.

“HPVP finds and invests in top entrepreneurs who are building high growth software startups across the Midwest, and we have only seen this opportunity further accelerate,” said Guy Turner, partner and managing director at HPVP. “As the leading software marketer in the Midwest, Tim Kopp brings a breadth of go-to-market expertise and an expansive network that slingshots our companies to the next level.”

“The level of innovation and excitement throughout the Midwest is unprecedented, and I’m excited to work even closer with the HPVP team to further solidify Indianapolis as a critical hub of software and marketing technology development,” said Tim Kopp, partner and managing director at HPVP. “The new Indianapolis office will enable us to expand the strength of HPVP and to rapidly scale the most promising high growth technology businesses in the Midwest.”

HPVP is a proven investor in early stage software startups and has emerged as a top 5 percent U.S. seed fund by Mattermark. The firm's portfolio of investments include Geofeedia which just posted $3 million in revenue while growing 857 percent year-over-year. Other startups under the HPVP umbrella include Ann Arbor-based FarmLogs which now has over 20 percent market share, and Cincinnati's Ahalogy. This rapid growth is translating into large follow-on funding rounds, including FarmLogs’ $10 million Series B, ParkWhiz's $10 million Series B, InContext Solutions' $12 million Series B and BaseCRM's $15 million Series B.

About Hyde Park Venture Partners:

Hyde Park Venture Partners (HPVP) is an early stage venture fund focused on high growth B2B software startups in the Midwest. With offices in Chicago and Indianapolis and a network of deal sources and advisors throughout the Midwest, the firm invests in startups with $500,000 to $3 million in revenue, raising their first institutional round of capital. HPVP is ranked a top 5 percent performing seed fund by Mattermark. Example investments include Ahalogy, Geofeeedia and Farmlogs. The investing team is a combination of experienced operators, strategists and investors that help HPVP’s portfolio companies scale with a strong network of talent and go-to-market experience. Follow HPVP @hydeparkvp.

Source: Hyde Park Venture Partners

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