Chicago-based personal finance and impact investing company dough has secured $20 million in a corporate round, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced August 6 and financed by tastytrade.
According to its Crunchbase profile, "dough is a revolutionary investing experience from the creators of tastytrade. With hours of informative and entertaining programming, the ability to follow dough traders in real time, and an innovative visual trading interface, dough is the perfect platform whether you're ready to start trading or still learning the basics. Visit dough.com today for an invitation to become a beta tester!"
The nine-year-old company has raised two previous funding rounds, including a $25 million round in 2014.
The round brings total funding raised by Chicago companies in education over the past month to $45 million. The local education industry has produced 16 funding rounds over the past year, capturing a total of $195 million in venture funding.
In other local funding news, saas company TimeDoc Health announced a $2.5 million seed funding round on August 7, led by Grand Ventures.
According to Crunchbase, "TimeDoc Health is a Chicago-based healthcare IT and nursing services company that develops solutions to help physicians navigate the changing reimbursement landscape in healthcare."
The company also raised a $1.5 million seed round in 2018.