CEI Ventures
Impact investorBrunswick · Seed–Late Stage · 16 people tracked
Also known as CEI VENTURES, INC.
Investment thesis
For nearly three decades, CEI Ventures has invested in growth-oriented businesses that create good jobs in communities overlooked by traditional venture capital. The firm targets companies that pay a living wage, provide basic benefits, and maintain fair, engaging workplaces with opportunities for training and advancement. It seeks to invest where capital is scarce but the potential for both financial return and social impact is strong. CEI Ventures treats investments as collaborative partnerships, contributing capital alongside active involvement, and works with its parent company, CEI, to bring workforce development specialists and environmental, technical, and consulting support to portfolio companies.
Source: firm website, verified Aug 3, 2026.
Team · 16 people
from the firm's website & public directories
What they invest in
from 47 of 58 portfolio companiesSaaS ×11Advanced Manufacturing ×10Consumer ×10Enterprise Software ×9FoodTech ×8AI & Machine Learning ×7Healthtech ×7AgTech ×5
HQs:United States×40
Who they back
founder profiles across 19 portfolio companiesFounding team size:solo founder×102 founders×73 founders×14+ founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 58 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12021 · 12017 · 12014 · 12013 · 16 dated
NextMark provides an index and planning system for addressable media programs across 12 channels including digital, postal, email, and mobile.
AdTechMarketing TechSaaSHanover, US
Co-investorsThe Venture Capital Fund of New England
88 Acres makes seed-based food products such as seed butters and granola/protein bars, using roasted seeds and simple ingredients.
ConsumerDirect to ConsumerFoodTech
Co-investorsCommunity Development Venture Capital AllianceMaroon Venture Partners Fund
AquaViteA produces authentically brewed kombucha beverages made with premium ingredients and live probiotics, offered in inventive flavors that are lower in sugar and calories and verified non-alcoholic (below 0.5% ABV).
Advanced ManufacturingConsumerFoodTechWellness & FitnessSalisbury, US
Jeffrey Weaber(Executive Officer, Director)
Bar Harbor Foods produces shelf-stable canned seafood products including clams, chowders, soups, sustainably caught fish, broths, and bisques for retail consumers.
ConsumerFoodTechBar Harbor, US
Beacon Kits manufactures immunoassay kits for detecting chemical residues and contaminants in food, water, and agricultural samples.
AgTechBiotechEnterprise SoftwareFoodTechMedical DevicesSaco, US
BlueTrace provides a cloud-based inventory and operations management platform for seafood businesses, replacing outdated legacy systems and spreadsheets with integrated software for receiving, shipping, picking, packing, and loading.
AgTechFoodTechLogistics & Supply ChainRetail TechSaaS
Co-investorsiSelect FundMaine Venture FundYork IE
Capital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses.
Enterprise SoftwareFintechRichmond, US
Certify, now rebranded as Emburse Professional, provides configurable travel, invoice, and expense management software with automated expense reporting and spend controls.
Enterprise SoftwareFintechSaaSPortland, US
Robert Neveu(Manager and President)Alan Neveu(Manager and Chief Technology Officer)
BoardStephen Johnson(Manager)William Benedict(Manager)John Bailey(Manager)
Co-investorsTeamworthy VenturesTRANSFORMATION CAPITALGeneral CatalystUpfront Ventures
Circa was a company focused on accelerating renter wealth; it has since joined Stake to continue that mission.
FintechPropTechBridgeport, US
Co-investorsLaunchpad Venture GroupTechstars
Boston-based software company building the Community Enterprise web platform for associations, non-profits and businesses.
Co-investorsSJF Ventures
Clickshare provides software that helps newspapers manage web content and build customer relationships through a registration and subscription system.
Media & EntertainmentSaaSAmherst, US
Bill Densmore(Founder)Richard A. Lerner(Chief Executive & CTO)Richard A. Lerner, Ph.D.(CEO)
Coast of Maine produces certified organic soil and potting mixes for gardeners and growers in the United States.
AgTechCircular EconomyConsumerNew MaterialsBar Harbor, US
CourseStorm provides a class registration and management platform designed for arts centers, community education organizations, and training programs.
EdTechSaaSOrono, US
Brian Rahill(Executive Officer, Director)Matthew James(Executive Officer, Director)
BoardElizabeth Peters(Director)
Maine-based multi-channel retailer of high-end down and synthetic bedding, acquired by Potpourri Group in December 2012.
Connecticut manufacturer of cultured dairy and plant-based dairy alternatives, producing private label, co-packed and own-brand products.
Advanced ManufacturingNaugatuck, US
Thomas Moffitt(President/CEO/Director/Founder)Thomas Moffit(President/CEO/Director/Founder of Culture Fresh Foods, Inc.)Michael Franchina(Executive Officer)
BoardSoren Oberg(Director)Brett Lauer(Director)Dimitri Pappas(Director)
Co-investorsFreshTracks Capital
Custom Banner provides dye sublimation printing services for trade show booth materials, including backdrops, banners, table skirts, floor mats, and curtains.
AdTechAdvanced ManufacturingRetail TechRochester, US
Tony ParkerClay Prewitt
Consolidated cybersecurity platform designed for small and medium-sized organizations without dedicated security teams.
CybersecurityPortland, US
T. Andrew Rinaldi(Executive Officer, Director)Rob Simopoulos(Executive Officer, Director)
BoardNorman Mentz(Director)Joe Raczka(Director)Jerry King(Director)
Co-investorsFreshTracks CapitalThe Alchemy Fund
Bridgenext helps companies integrate their revenue and data infrastructure into a coordinated system that drives growth outcomes.
AI & Machine LearningData & InfrastructureEnterprise Software
Ande handles logistics operations including booking and budget management for event or hospitality organizations, allowing staff to focus on customer experience rather than administrative tasks.
Enterprise SoftwareLogistics & Supply Chain
Dream Local Digital is a digital marketing agency that runs data-driven, analytics-focused campaigns for its clients to support their business growth.
AdTechMarketing TechSaaSRockland, US
Shannon Kinney(Director, Promoter)Kasey Ahlquist(Chief Marketing Officer)Robert Kelley(Director)
Ektron was a Nashua, N.H. web content management software vendor, acquired in 2015 by Episerver, now Optimizely.
Tungsten Automation (formerly Kofax) provides AI-powered automation software for document processing, workflow orchestration, AP/AR automation, print and workplace automation, and PDF/eSignature.
AI & Machine LearningEnterprise SoftwareSaaSLaguna Hills, US
Ilker Kavas(Chief Financial Officer & Secretary)Donald Field(President & CEO)Peter Hantman(Chief Executive Officer)Robert Watson(Chief Financial Officer)Mike Verdeyen(Chief Technology Officer)Danielle Weinblatt(Chief Product Officer)
Co-investorsMercato PartnersOmega Venture Partners
Genomics company building a multi-ancestry biobank and AI-driven analytics for clinical genetic testing and drug discovery.
HealthtechMiami Lakes, US
Carlos D. Bustamante(Executive Officer, Director)Arthur Polk(Executive Officer)Alexander Ioannidis(Director)
BoardWale Ayeni(Director)inMohit Kaushal(Director)Nicholas Katsanis(Director)
Co-investorsCitta CapitalF-Prime CapitalFounder CollectiveFunction VenturesHelios Digital VenturesLifeX Ventures+2 more
Gelato Fiasco makes gelato and sorbetto using Italian-inspired techniques, selling grocery-store pints and offering nationwide home shipping alongside scoop shops, a gelato truck, and coffee service.
ConsumerDirect to ConsumerFoodTechBrunswick, US
Bruno Tropeano(Executive Officer, Director)Joshua K Davis(Executive Officer, Director)
BoardNathaniel Henshaw(Director)inRichard McGoldrick(Director)Nathaniel V Henshaw(Director)John Moore(Director)
GENICON designs, manufactures and distributes patented surgical instrumentation for laparoscopic, minimally invasive surgery.
Good To-Go makes dehydrated ready-to-eat meals, including vegan options and emergency food kits, aimed at campers, backpackers, and outdoor enthusiasts.
ConsumerDirect to ConsumerFoodTech
Jennifer Scism(Chef & Founder)
HighByte builds the HighByte Intelligence Hub, an industrial DataOps software product that solves data architecture and integration problems for manufacturing and industrial operations.
Advanced ManufacturingData & InfrastructureIoTPortland, US
Anthony Paine(Executive Officer, Director)Torey Penrod-Cambra(Chief Communications Officer)inJohn Harrington(Chief Product Officer)inTony Paine(CEO)inAron Semle(Chief Technology Officer)inSteven Curtis(Vice President of Sales)in
Co-investorsStandard InvestmentsMomenta Ventures
Hyperlite Mountain Gear designs and sells lightweight backpacking and outdoor gear, including backpacks, stuff sack pillows, and packing accessories made with Dyneema composite materials.
ConsumerDirect to ConsumerSports TechBiddeford, US
Michael St. Pierre(Executive Officer, Director)
Portland, Maine farm-to-flask distillery making small-batch spirits and canned ready-to-drink cocktails such as Blueshine Lemonade.
Advanced ManufacturingConsumerFoodTechPortland, US
Nathaniel Luke Davidson(Executive Officer, Director)David Barber(Director)Nathaniel L. Davidson(Executive Officer, Director)Stephen Goldberg(Director)Peter M. Murray(Executive Officer, Director)
Maine Trailer is a Maine-based dealer offering trailer and shipping container sales, rentals, parts, service and registrations.
MedRhythms develops digital therapeutics using music, sensors, and software combined with neuroscience to improve walking and mobility in patients with neurological conditions including stroke, multiple sclerosis, and Parkinson's disease.
AI & Machine LearningDigital HealthMedical DevicesBoston, US
Brian Harris(Co-Founder and CEO)inOwen McCarthy(Executive Officer, Director)inRaymond Pawlicki(Director)Musan Duric(Director)
BoardWilliam McKee(Director)Isaac Cheng(Director)
Co-investorsBose VenturesGlobal Brain
Mingle Analytics provides tools and consulting services to healthcare providers for aggregating electronic health record data, analyzing clinical performance metrics, and optimizing quality reporting and reimbursement under MIPS and ACO programs.
Enterprise SoftwareHealthtechSaaS
Co-investorsRunway Growth Capital
Mobile Price Card provides software for retailers to manage and display content on in-store digital screens through a centralized dashboard, enabling control over pricing, promotions, and merchandising messaging.
Retail TechBangor, US
Chad O'Leary(Executive Officer, Director)Kevin Downs(Executive Officer, Director)
Mother of Fact provides dietitian-led nutrition care for women through a HIPAA-secure telehealth platform, offering 1:1 support for fertility, pregnancy, gestational diabetes, weight management, and menopause.
Digital HealthFemTechHealthtechWellness & FitnessSunapee, US
Co-investorsTechstars
Native Energy helps organizations activate climate solutions and manage residual carbon emissions through validated climate action projects.
Climate TechEnergyImpact & Social GoodBurlington, US
Thomas C Stoddard(Executive Officer, Director)Jeffery W Bernicke(Executive Officer, Director)
BoardD. Chandler Jones(Director)Cairn Cross(Director)Steven Massicotte(Director)Robert Gough(Director)
Co-investorsFreshTracks Capital
North Spore sells mushroom cultivation supplies and functional mushroom wellness products, including grow kits, spawn, capsules, coffee, and honey.
AgTechE-commerceWellness & FitnessPortland, US
Matthew McInnis(Founder)inJon Carver(Founder)inEliah Thanhauser(Founder)inEliah Pines Thanhauser(Executive Officer, Director, Promoter)
Ogee is a Vermont-based clean beauty brand selling certified-organic, jojoba-oil-based makeup and skincare.
Advanced ManufacturingBurlington, US
Abbott Stark(Executive Officer, Director)Alex Stark(Executive Officer, Director)Mark Rice(Executive Officer, Director)
Co-investorsFreshTracks Capital
OurPeople is a communication platform that enables organizations to send secure text messages to frontline and deskless workers.
Enterprise SoftwareFuture of WorkHR TechPortland, US
Ross McCaw(CEO)Robert Neveu(Treasurer)Russell Crisp(VP)
Co-investorsAlpine Meridian
PenBay Solutions builds GIS-based facility management and space planning software, acquired by Cartegraph in 2020.
Builds clean power solutions using advanced DC nanogrids to capture, manage and distribute renewable energy.
EnergyWestbrook, US
Joshua Kaufman(Executive Officer, Director)Benjamin Polito(Executive Officer, Director)Joshua D. Kaufman(Director)
BoardBengt Karlsson(Director)inCatherine York(Director)Paul Farrow(Director)
Co-investorsNXT VenturesClean Energy VentureClean Energy Ventures
Professional Mariner is a trade magazine for commercial maritime vessel owners, operators, and professionals in the U.S. and Canadian maritime industry.
Media & EntertainmentPortland, US
QualiVerse is an AI-native regulatory intelligence platform that automates FDA submission documentation and compliance workflows for medical device companies.
AI & Machine LearningLegalTechMedical DevicesSaaS
QMB builds QualiVerse, an AI-native regulatory intelligence platform for medical device quality, regulatory and product development teams.
Boston, US
Christopher Wallace(Executive Officer)Thaina Moravia-Roman(Executive Officer, Director)Michel Moravia(Executive Officer, Director)
BoardOrlando Watkins(Director)
Reddbar is an affiliate/review site warning about fake "MrBeast casino" apps and recommending alternative licensed online gambling and casino apps.
GamingMedia & Entertainment
Redzone Wireless provides fixed wireless internet and mobile phone service to rural and remote areas of Maine, including islands and back roads.
ConsumerMobility & TransportationRockland, US
Instem provides SaaS platforms for life sciences research organizations, covering in silico analytics, study management, regulatory submission support, and clinical trial analytics to accelerate drug and therapy development.
AI & Machine LearningBiotechData & InfrastructureHealthtechSaaS
Co-investorsWalnut Venture Associates
Rustic Crust was a New Hampshire maker of natural pizza crusts, sauces, kits and American Flatbread frozen pizzas; it closed in 2024.
Co-investorsSJF VenturesRenewal Funds
SciAps manufactures handheld portable analytical instruments for elemental analysis across industrial sectors, using laser-induced breakdown spectroscopy (LIBS) and X-ray fluorescence (XRF) technologies.
Advanced ManufacturingDeep TechHardwareWoburn, US
Donald W. Sackett(Executive Officer, Director)Gary A. Lortie(Executive Officer, Director)David Day(Director)
BoardChristopher F. Davis(Director)Daniel Penberthy(Director)Jeffrey Burke(Director)
Co-investorsGefinor CapitalBoston Capital QSBS
Senscio operates an Intelligent Care Continuity System that monitors clinically complex populations between medical encounters to detect health changes early and coordinate interventions.
AI & Machine LearningDigital HealthHealthtechBoxborough, US
Piali De(Executive Officer, Director)Hugh Adam Stoddart(Executive Officer)
BoardMichael Marsh(Director)Hugh Franklin Stoddart(Director)Frank Ferguson(Director)Daniel Smith(Director)
Co-investorsWalnut Venture Associates
SmartPak provides educational guides and resources on horse wellness topics, including information on equine therapy, fly prevention, and protective equipment for horses.
AgTechConsumerE-commerceHealthtech
Becky Minard
Tanbark manufactures molded fiber products as sustainable alternatives to plastic packaging, leveraging advanced fiber technology and heritage pulp and paper expertise in Maine.
Advanced ManufacturingCircular EconomyCleantechNew MaterialsSaco, US
Melissa LaCasse(Co-founder)Christopher LaCasse(Co-founder)
Portland, Maine network deployment and IT professional services firm that builds fiber and wireless infrastructure across the US.
Portland, US
Joshua Broder(Executive Officer, Director)
BoardNathaniel V Henshaw(Director)Gary Merrill(Director)Jill McGowan(Director)Doug Morrell(Director)
Unchained Labs builds instruments for lipid nanoparticle and other nanomedicine production, spanning R&D formulation screening through GMP-compliant clinical manufacturing.
AI & Machine LearningBiotechHardwareHealthtechPleasanton, US
Tim Harkness(Executive Officer, Director)inJason Novi(Executive Officer)
BoardHeather Preston(Director)Brent Ahrens(Director)inJack Nielsen(Director)Joe Keegan(Director)
Co-investorsCanaan PartnersTri-Valley VenturesTPG
VETRO offers a GIS software platform (VETRO FiberMap) for mapping, modeling, and managing fiber broadband network infrastructure, with open APIs and a digital inventory of the physical network layer.
Data & InfrastructureEnterprise SoftwareSaaSPortland, US
Michaela Goodwin(Executive Officer)William S Mitchell(Executive Officer, Director)Joshua Broder(Director)Sean Myers(Executive Officer, Director)
BoardG Corson Ellis(Director)Frank Governali(Resigned May 21, 2021)
World Harbors is a Maine-based producer of marinades and cooking sauces sold through retail, wholesale and online channels.
Exits · 1
IPOs and acquisitions across the tracked portfolioRockstepsolutionsacq. by Instem
Portfolio news
latest coverage across their companiesMedRhythms · trysignalbase.com · Mar 9, 2026
QMB · artiverse.ca · Nov 18, 2025
Certify · finsmes.com · Jun 26, 2025
Galatea Bio · theaiinsider.tech · Mar 30, 2025
Frequently asked questions
- How many investments has CEI Ventures made?
- CEI Ventures has 57 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does CEI Ventures invest at?
- CEI Ventures invests at the Seed, Series A, Series B, Series C, Late Stage stages.
- What is CEI Ventures's typical check size?
- CEI Ventures typically writes checks of $1M – $4M.
- What sectors does CEI Ventures focus on?
- CEI Ventures focuses on Biotech, Cleantech, Climate Tech, Consumer, Data & Infrastructure, Energy, Enterprise Software, Fintech, FoodTech, Hardware, Healthtech, Impact & Social Good, Media & Entertainment, Retail Tech, SaaS, Sector Agnostic.
- Where is CEI Ventures located?
- CEI Ventures is headquartered in Brunswick, US.
- Who does CEI Ventures co-invest with?
- CEI Ventures most often shares deals with FreshTracks Capital, SJF Ventures, Techstars, among 29 tracked co-investors.
Media · Podcasts & interviews
from their channelMeet the Inspectors: A Food Business Town Hall
Coastal Enterprises, Inc. (CEI)
What's a "Sources & Uses," and why do I need one for a loan?
Coastal Enterprises, Inc. (CEI)
Assessing Kitchen Fit For Your Food Business
Coastal Enterprises, Inc. (CEI)
Tariff Update: IEEPA Refunds, Maine Business Impacts & Changes
Coastal Enterprises, Inc. (CEI)
Pricing Part 2: External Pricing with Value Proposition and Marketing Outreach
Coastal Enterprises, Inc. (CEI)
Pricing Part 1: Internal Pricing with COGS Benchmarks and Breakeven Analysis
Coastal Enterprises, Inc. (CEI)
Images
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