Monday, July 09
Fishing tech startup Anglr secures $3.3 M in funding
JUL 9, 2018, 1:23 PM
Anglr, a North Side-based startup that provides fishing intelligence through a free app and Bluetooth-connected accessories, has reeled in $3.3 million in Series A funding.
The round was led by KB Partners, a Chicago-based investment firm that focuses on early stage companies. Other investors include Brunswick Corp., a Lake Forest, Ill.-based company that innovates in the marine, fitness and wellness spaces; BlueTree Capital Group in Wexford; and M25 Group, a Chicago-based “micro venture capital firm.”
Founded in 2015, Anglr’s total funding is now $3.5 million, according to Crunchbase, an online portal for firms to self-report their financing rounds.
The company plans to use the additional capital to scale its online sport fishing network, grow its team, add new features to the app and accelerate user growth.
The company will unveil a new connected accessory, Anglr Bullseye, at the ICAST sportfishing trade show in Orlando, Fla., this week. The device is a Bluetooth button that pairs with the Anglr app to mark waypoints and catch details without needing to pull out a phone.
Courtney Linder: email@example.com or 412-263-1707. Twitter: @LinderPG.