Chicago-based startup EduLender, a comparison shopping website for student loans, said Tuesday it has raised $1 million in seed funding.

The group of investors includes Hyde Park Angels, an early-stage investment group with its roots in the University of Chicago’s Booth School of Business, as well as other local groups such as Sandbox Ventures and New World Ventures, whose founder is J.B. Pritzker. Kapor Capital, which is based in San Francisco, Calif., is also an investor. Other participants in the funding round include Excelerate, a Chicago-based incubator, and Sam Yagan, a co-founder of Excelerate who also helped found dating site OKCupid. Get the full story »