West Loop Ventures

Spring is a financial health and wellness benefit platform that enables employers to support their employees in achieving financial literacy and stability. Founded in 2015 and headquartered in Chicago, Illinois, Spring offers a comprehensive suite of services, including financial education, goal-setting, budgeting tools, and personalized financial coaching. This approach allows employees to set, track, and attain their financial objectives while enhancing their financial knowledge. By addressing financial stress, Spring helps reduce employee anxiety by an average of 64%, leading to significant improvements in productivity and financial well-being. Consequently, companies can save approximately $3,200 per employee annually in lost productivity, ultimately benefiting both employees and employers.

Openfinance Technologies, LLC, based in Chicago, Illinois, operates an online trading and settlement platform focused on the secondary market for non-listed alternative investments. The company specializes in facilitating transactions for private and public real estate programs, as well as other classes of alternative investment programs. Additionally, Openfinance provides a blockchain-based protocol that enables the trading, clearing, and settlement of security tokens and alternative assets. Established in 2014, the firm aims to enhance access to liquidity and investment opportunities within the substantial alternative asset market, which is valued at approximately $8.8 trillion. Through its innovative digital platform, Openfinance seeks to streamline the trading process and improve security for alternative asset transactions.

Megalytics LLC is a Chicago-based company founded in 2014 that specializes in big data and analytics, offering a comprehensive platform for real-time credit, due diligence, and risk assessments. The company focuses on various sectors, including financial services, healthcare, retail, real estate, and insurance, providing tools and services that emphasize commercial real estate management, financial transactions, asset acquisitions and dispositions, tenant leases, loan assessments, and retail vacancy management. Utilizing proprietary scoring algorithms, machine learning, and artificial intelligence, Megalytics enables businesses to analyze both large and small data sets, facilitating informed decision-making and enhancing competitive advantage in the commercial real estate market. Additionally, the firm offers consulting services to help organizations harness their untapped data for improved operational outcomes.