CHAMPAIGN – Two Research Park affiliates were highlighted this week for their fundraising teamwork. TrackBill [formerly TrakBill], a 2013 EnterpriseWorks graduate, runs a nationwide state and federal legislative tracking platform. Serra Ventures is an early stage venture capital firm based at Research Park.
The buzz centers around TrackBill’s successful seed fundraising campaign. Of their nearly $1.4 million raised, Serra Ventures has contributed $400,000. This investment highlights Serra Ventures desire to invest in high-tech market-changing companies based here in the Midwest.
‘ “We were very impressed with Steve and TrackBill from the earliest of interactions,” Serra Ventures CEO and Partner Tim Hoerr said. “With the company’s demonstrated progress, we are very pleased to add to them to the Serra Capital portfolio.”
Marciniak [CEO of TrackBill] notes, “The first order of business is to hire a customer success representative to further our relationships with existing clients. We’ve seen great success with customer referrals and look forward to expanding these efforts.” ’