After FedEx recently invested in a local logistics business, the tech scene in Chicago is booming. Let’s learn more about how the two businesses will collaborate and about an app that enables parents to open investment accounts for their children.
FedEx made a purchase of FourKites. A Chicago-based logistics software provider called FourKites offers data and supply chain visualization for businesses that transport numerous products to several locations. Together, the two enterprises will create new software aimed at providing businesses with actionable data to prevent supply chain problems and reduce product shortages in shops.
Its leadership team was enlarged by ActiveCampaign. ActiveCampaign, a provider of automated customer experience solutions, has been swiftly growing to meet the needs of the 180,000 customers it serves. These solutions include email marketing, sales engagement, and marketing automation. The business just hired two new executives to handle the demand. ActiveCampaign has hired Sameer Kazi as president, and Kelly O’Connell has been elevated to SVP of product strategy. Not long after ActiveCampaign revealed that it had purchased Postmark and DMARC Digests, the appointments were made.
The Future 5 feature is built-in to EarlyBird. EarlyBird is a mobile app that offers investment portfolios for parents to set money aside for their kids, and it was co-founded by Jordan Wexler and Caleb Frankel. As the youngster develops, the app continues to contribute. The custodial account belongs to the child until they turn 18 years old. Family and friends can also make financial contributions using the app, which are then reinvested.