Bluegrass Angel Venture
Angel networkLexington · Pre-Seed–Seed · 1 people tracked
Investment thesis
Bluegrass Angels focuses on funding Kentucky-based startups with strong scalability potential and clear exit strategies, serving as a key funding source beyond friends and family. The group draws on member expertise to support companies across diverse sectors including healthcare, agriculture, biotech, fintech, and manufacturing, while creating jobs and delivering financial returns to members.
Source: firm website, verified Aug 6, 2026.
Team · 1 people
from public directories
What they invest in
from 24 of 31 portfolio companiesSaaS ×10Energy ×5AI & Machine Learning ×4Biotech ×4Cleantech ×4Digital Health ×4Healthtech ×4Marketing Tech ×3
HQs:United States×18
Investments · 31 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12021 · 22020 · 59 dated
EnergyLouisville, US
Ruvini Dharmadasa(Chief Technology Officer, Secretary and Manager.)Thad Druffel(Chief Executive Officer and Manager.)
BoardTed Capossela(Manager.)Bill Haman(Manager.)
Board seatBen Streepey· per SEC Form D
Advanced ManufacturingCleantechOwensboro, US
William Tid Griffin(Executive Officer)
Board seatBrian Luftman· per SEC Form D · $1.5M raise · filed Oct 2020
Co-investorsConcepts to Companies
EnergyLouisville, US
Jeffrey Harrison(President and Chief Technology Officer)Timothy Fogarty(Chief Executive Officer)
BoardMatt Hurlock(Director)Steve Gallo(Director)Timothy Applberry(Director)
Board seatBen Streepey· per SEC Form D · $6M raise · filed Jan 2026
EnergyLouisville, US
Tim Fogarty(Executive Officer, Director)
BoardSteve Gallo(Director)Jeffery Harrison(Director)Timothy Appleberry(Director)
Board seatBen Streepey· per SEC Form D
Nicholasville, US
Robert P. Farinelli, Jr.(Executive Officer, Director)
Board seatDavid Goodnight· per SEC Form D · $1.3M raise · filed Mar 2020
Thynk Health provides patient management software focused on closing the loop on cancer screening and incidental findings, automating follow-up so patients do not fall through the cracks.
AI & Machine LearningDigital HealthHealthtechLexington, US
Steven Brock(Director)Kevin Croce(Director)Jeffrey Timbrook(Executive Officer)Brian Luftman(Director)Joey Bargo(Director)Todd Clark(Director)
Board seatBrian Luftman· per SEC Form D
AVAIL is a content management system for organizing, searching, and reusing technical content such as Revit (.RVT), PNG, and PDF files.
Construction TechEnterprise SoftwareSaaS
Co-investorsForward Venture Capital
FreshFry makes an all-natural, self-contained adsorbent pod that filters and extends the life of frying oil without additional equipment.
Advanced ManufacturingCircular EconomyFoodTechNew MaterialsLouisville, US
Jeremiah Chapman(Co-Founder & CEO)Jacob Huff(Co-Founder & COO)
BoardAlex Frommeyer(Director)
Co-investorsFTW VenturesLightship Capital
Time Reports Pro (TRP) is a Google Calendar add-on for professional services teams on Google Workspace that turns existing calendar events into timesheets and utilization reports exported to Google Sheets.
Future of WorkHR TechSaaS
Gun Interactive is a video game developer and publisher known for horror and action titles including The Texas Chain Saw Massacre, Friday the 13th: The Game, Layers of Fear 2, and Breach & Clear.
GamingLexington, US
Wesley Keltner(Executive Officer, Director)Darren King(Director)Christopher Winfield(Executive Officer)Christopher Young(Director)
Hera BioLabs, which has been acquired by Demeetra, developed transposase-based technologies now used by Demeetra to advance Super piggyBac transposase and the CleanCut CHO Platform for cell line development.
BiotechDeep Tech
Co-investorsM25RevUp CapitalStout Street CapitalWakestream Ventures
Lexington, US
LYNDON SCOTT STEPHENS(Executive Officer, Director)RAYMOND GRANT STEPHENS(Director)BILLY HARPER(Director)
Lepidext develops a biocontrol product based on a naturally-occurring corn earworm virus isolate that increases sterility in infected insects, aimed at controlling corn earworm in agricultural crops.
AgTechBiotechLexington, US
Paul Mulhollem(Director)Angelika Fath-Goodin(Co-founder)Gary P Cullen(Director)Bruce Webb(Founder & President)
Co-investorsAg Ventures AllianceCultivation Capital
BiotechCrestwood, US
Angus McLachlan(Executive Officer, Director)
BoardAndrew Offer(Director)Cedric Francois(Director)John Landry(Director)John Moore(Director)Rod Wolford(Director)
Co-investorsHouston Angel NetworkScientific Health Development
Nichefire offers a predictive cultural discovery platform that detects and forecasts emerging consumer and cultural trends, measuring their acceleration to help teams know when to act.
AI & Machine LearningMarketing TechSaaS
Co-investorsCintrifuse CapitalIrishAngels
OmniLife Health builds FlowHawk, a clinical workflow automation platform that connects care teams and digitizes care coordination conversations happening outside the EHR.
Digital HealthHealthtechSaaSBeaverton, US
Co-investorsBoston Harbor Angels
Onovative provides Core iQ, a marketing automation platform used by financial institutions such as banks and credit unions, offering templates and campaign tools.
FintechMarketing TechSaaS
BiotechLexington, US
Eric Hauck(Executive Officer, Director)Erik Hauck(Executive Officer)
PCC Hydrogen produces green hydrogen by converting ethanol, other biofuels, and renewable natural gas into high-purity hydrogen using a patented Pyrocat crystalline catalyst and a production process that yields a capturable pure CO2 byproduct.
CleantechClimate TechEnergy
PlanStreet offers cloud-based case management software that automates workflows, intake forms, grants tracking, client referrals, and reporting for nonprofits and government/public sector organizations.
GovTechHealthtechSaaS
Co-investorsHouston Angel Network
ElectraMet builds electrochemical wastewater treatment systems for metal recovery, oxidant abatement, and acid reuse, serving industrial customers in sectors such as mining and microelectronics.
Circular EconomyCleantechNew MaterialsLexington, US
CAMERON LIPPERT(Executive Officer, Director)Keith Jacobs(Executive Officer, Director)James Landon(Executive Officer, Director)ANDERS HALLSBY(Director)
BoardChristopher Young(Director)Ginger Rothrock(Director)in
Co-investorsCarnrite VenturesEvergreen Climate InnovationsHG Ventures
PreventScripts offers a platform that automates billable preventive care and health behavior change programs—addressing elevated BMI, hypertension, and GLP-1 support—integrated into clinics' existing care models.
Digital HealthHealthtechSaaS
Resound is an AI software tool that automates podcast editing workflows.
AI & Machine LearningCreator EconomyMedia & EntertainmentSaaS
Jacob Bozarth(Founder)in
Co-investorsRender Capital
Louisville, US
Nicholas Mattingly(Executive Officer, Director)Matt Hirst(Director)Gabriele Mondada(Director)
BoardJohn Willmoth(Director)in
Co-investorsPoplar Ventures
Virtual Peaker provides a cloud-based SaaS platform for utilities to launch and manage demand response and distributed energy resource (DER) programs, using AI and real-time control to enroll, dispatch, and shape residential, commercial, and industrial loads.
CleantechClimate TechEnergyIoTSaaSLouisville, US
William J. Burke(Executive Officer, Director)
BoardHunter Horgan(Director)Mark Boyer(Director)Timothy Volk(Director)Krista Drescher-Burke(Director)
Co-investorsSkyview VenturesGreensoil PropTech VenturesVeriten
XENA Intelligence provides AI-powered software and consulting services to help ecommerce brands optimize listings, campaigns, and operations across marketplaces like Amazon.
AdTechAI & Machine LearningData & InfrastructureDirect to ConsumerE-commerceMarketing TechSaaSLouisville, US
Akhil Suresh Nair(Founder)in
Co-investorsRender CapitalSeaplane VenturesTechstars
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companiesVirtual Peaker · virtual-peaker.com · Aug 6, 2025
Xena Intelligence · bizjournals.com · Apr 23, 2025
Frequently asked questions
- How many investments has Bluegrass Angel Venture made?
- Bluegrass Angel Venture has 28 tracked investments.
- What stage does Bluegrass Angel Venture invest at?
- Bluegrass Angel Venture invests at the Pre-Seed, Seed stages.
- What sectors does Bluegrass Angel Venture focus on?
- Bluegrass Angel Venture focuses on Advanced Manufacturing, AgTech, Biotech, Fintech, Healthtech, Media & Entertainment.
- Where is Bluegrass Angel Venture located?
- Bluegrass Angel Venture is headquartered in Lexington, US.
- Does Bluegrass Angel Venture lead rounds?
- Yes, Bluegrass Angel Venture leads investment rounds.
- Who does Bluegrass Angel Venture co-invest with?
- Bluegrass Angel Venture most often shares deals with Houston Angel Network, Render Capital, Techstars, among 20 tracked co-investors.
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