Wednesday, June 1, 2011
OpenChime Nabs $700K From Groupon Founders
OpenChime, a startup that allows users to get online quotes and information from an array of local service providers, today announced that it has raised $700K in seed funding from Lightbank, the Chicago investment firm started by Groupon co-founders Eric Lefkofsky and Brad Keywell. OpenChime was apparently discovered by Lightbank Partner Paul Lee and represents his first investment since joining Lightbank from Playboy Enterprises, where he was the managing director of digital ventures. In fact, during due diligence, Lee reportedly used the startup to find a service to repair his roof.