Emerald Development Managers
Venture capitalNew York · Seed–Late Stage · 9 people tracked
Also known as EMERALD DEVELOPMENT MANAGERS LP
Investment thesis
Emerald invests in exceptional scientific and engineering teams solving real-world problems, partnering with entrepreneurs who can identify trends and build technical solutions. The firm takes a long-term view, providing not only capital but also expertise and hands-on involvement to help emerging companies mature. It focuses on guiding early-stage founders along a strategic path toward profitability, expanding market share, and sustained growth. Its portfolio spans deep science and engineering areas including cybersecurity, biotechnology, clean energy and decarbonization, healthtech, quantum technology, and industrial systems.
Source: firm website, verified Aug 25, 2026.
Team · 9 people
from the firm's website & public directories
What they invest in
from 18 of 28 portfolio companiesBiotech ×7AI & Machine Learning ×6Cybersecurity ×5Enterprise Software ×4New Materials ×4Hardware ×3Medical Devices ×3Cleantech ×2
HQs:United States×10
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×62 founders×34+ founders×1
Investments · 28 tracked
founders shown can be your intro pathBy year:2025 · 12020 · 12018 · 12017 · 14 dated
American Rock Salt operates the largest active salt mine in the United States, producing 10,000–20,000 tons of halite (rock salt) daily for deicing roads.
Logistics & Supply ChainNew Materials
Zero trust network access vendor whose cloud-based secure access platform was acquired by HPE in 2023.
Co-investorsCanaan PartnersTen ElevenCyberstartsSpark Capital
Co-investorsAlumni VenturesB Capital GroupBasecamp FundF-Prime Capital
CybSafe hosts IMPACT, an annual research-focused event examining human factors in cybersecurity.
AI & Machine LearningCybersecurityEnterprise Software
Co-investorsEvolution Equity PartnersIQ Capital
Cyware provides a cybersecurity platform that enriches, correlates, and operationalizes cyber threat intelligence across an organization's tools and teams, using AI to enable faster, automated, and collaborative threat responses.
AI & Machine LearningCybersecurityEnterprise SoftwareWest Orange, US
Anuj Goel(CEO)inAkshat Jain(Founder)in
Co-investorsTen ElevenAdvent International
ETCH develops a patented thermochemical process that converts natural gas (methane) into hydrogen and solid carbon without producing CO2, using earth-abundant minerals.
CleantechEnergyNew Materials
Evolved by Nature develops bio-based molecules through its Activated Silk biotechnology platform, derived from natural silk protein, to protect and enhance surfaces.
BiotechClimate TechNew Materials
GreenSight develops and manufactures catalog and fully custom robotic vehicles, selling standard designs directly as well as designing bespoke units for customers' specific applications.
AgTechDefense TechEdTechHardwareRoboticsBoston, US
James Peverill(Executive Officer, Director)inJustin McClellin(Executive Officer, Director)Joel Pedlikin(Executive Officer, Director)inWayne Crandall(Director)
Co-investorsDraper AssociatesE2MC VenturesSeraphim SpaceTreeo VCZAKA VC
Co-investorsCapital Midwest FundEarth FoundryEnergy FoundryEvergreen Climate InnovationsPallasite VenturesWAVE Equity Partners+1 more
Judi Health provides technology for pharmacy and medical benefit administration, including a pass-through pharmacy benefit manager (Judi Rx), unified health benefit administration, and an enterprise health platform (Judi) for managing claims, benefits, and operations.
Digital HealthHealthtechSaaS
Co-investorsEdison PartnersGeneral CatalystTRANSFORMATION CAPITAL9Yards Capital
LifeSprout develops synthetic materials that mimic the body's own tissues for aesthetic and regenerative medicine, creating products to treat patients with soft tissue loss from aging, cancer, and metabolic disease.
BiotechMedical DevicesNew MaterialsBaltimore, US
Hai-Quan Mao(Co-founder, PhD)Sashank Reddy(Co-founder, MD, PhD)Kevin Colbert(Co-founder, Business Development)inRuss Martin(Co-founder, Head of R&D, PhD)inAdam Gridley(Executive Chairman, MBA)
BoardGregory Sieczkiewicz(Executive Officer, Director, Promoter)
Co-investorsCatalio Capital Management, LPMaryland TEDCOTEDCO
Proscia provides a digital pathology software platform that converts glass microscope slides into high-resolution digital images for viewing, management, and analysis by pathologists and research teams.
AI & Machine LearningBiotechHealthtechMedical DevicesPhiladelphia, US
David West, Jr.(Executive Officer, Director)David West(Executive Officer, Director)inDavid West, Sr.(Executive Officer, Director)
BoardAlex Niehenke(Director)inTom Loftus(Director)Robert Epstein(Director)
Co-investorsAlpha Intelligence CapitalFlybridge Capital PartnersFusionGreen Park & Golf VenturesHitachi VenturesMaryland TEDCO+8 more
Random Power develops a quantum random number generator (QRNG) based on the quantum properties of semiconductors, producing true randomness for cryptographic key generation.
CybersecurityQuantum ComputingSemiconductors
Co-investorsLIFTT
SafeBreach offers a continuous threat exposure management (CTEM) platform that combines breach and attack simulation, attack path validation, and an AI agent to help enterprise security teams identify, prioritize, and remediate cyber risk.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaS
Guy Bejerano(CEO & Co-founder)inItzik Kotler(CTO & Co-founder)inMichal Weiner(Chief Financial Officer)inRaman Kumar(Chief Customer Officer)
Co-investorsOCV PartnersBain CapitalDTCP33NBright Pixel CapitalDnx Ventures+2 more
Socure provides an AI-driven platform for digital identity verification, fraud prevention, and risk decisioning, serving enterprises and government agencies across financial services, gaming, healthcare, e-commerce, and other sectors.
AI & Machine LearningCybersecurityFintechNew York, US
John Ayers(Executive Officer, Director)in
BoardJohn F. Frankel(Director)inSunil Madhu(Executive Officer, Director)inAlessandro Piol(Director)Pavlo Protopapa(Director)Philip Eytan(Director)
Co-investorsAccelAlpha PartnersAltaIR CapitalAmity VenturesCommerce VenturesConnectivity Ventures+15 more
Sunflower Therapeutics is a biotechnology company that builds automated, continuous single-use microbial bioprocessing systems using yeast host organisms to manufacture proteins.
BiotechFoodTechHardware
Co-investorsAlwyn CapitalClear Current Capital
BiotechBaltimore, US
Steve Girgenti(Director)
BoardNeil Cohen(Director)inIan Tolfree(Executive Officer, Director, Promoter)in
BiotechFarmington, US
Ashley Kalinauskas(Executive Officer)Mark Suckow(Executive Officer, Director)Brad Poff(Executive Officer)Terry Dew(Executive Officer)
Co-investorsChloe CapitalConnecticut InnovationsLaunchpad Venture GroupGaingelsSoGal VenturesThe Fund
Transcend Therapeutics develops rapid-acting pharmaceutical treatments for neuropsychiatric diseases, including PTSD and depression, targeting patients unresponsive to current psychiatric medications.
BiotechDigital HealthMedical DevicesMental Health
Blake Mandell(Cofounder)in
Co-investorsAlleyCorpAlpha Wave GlobalAlley Robotics Ventures
Una provides AI-native financial planning and analysis software for finance teams, combining revenue intelligence, continuous reforecasting, and execution tracking in a single platform.
AI & Machine LearningEnterprise SoftwareFintech
Co-investorsFlow Capital
Raleigh, US
Russell Kanjorski(Founder)inM. SCOTT BURROUGHS(Executive Officer, Director, Promoter)RUSSELL P. KANJORSKI(Executive Officer, Director, Promoter)
BoardCY SCHROEDER(Director)in
WATT designs, develops, and manufactures small-scale Solid Oxide Fuel Cell (SOFC) systems that generate power at the point of use and can run on natural gas, propane, renewable natural gas, and hydrogen.
Advanced ManufacturingCleantechEnergyHardwareMt. Pleasant, US
Caine Finnerty(Founder)Michael Joyce(Director)Travis Bradford(Executive Officer, Director)Roberto Sella(Director)Rocco Trotta(Director)Larry Hiler(Director)
Portfolio news
latest coverage across their companiesCyware · job-boards.greenhouse.io · Aug 19, 2026
Proscia · insightpartners.com · Feb 19, 2026
Uviquity · agfundernews.com · May 7, 2025
Frequently asked questions
- How many investments has Emerald Development Managers made?
- Emerald Development Managers has 29 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Emerald Development Managers invest at?
- Emerald Development Managers invests at the Seed, Series A, Late Stage stages.
- What sectors does Emerald Development Managers focus on?
- Emerald Development Managers focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Cybersecurity, Deep Tech, Energy, Enterprise Software, Healthtech, Quantum Computing, SaaS.
- Where is Emerald Development Managers located?
- Emerald Development Managers is headquartered in New York, US.
- Who does Emerald Development Managers co-invest with?
- Emerald Development Managers most often shares deals with Maryland TEDCO, TEDCO, Ten Eleven, among 59 tracked co-investors.
Images
Co-investors · 1
Staircase Ventures is a seed-stage venture firm that leads rounds into high-potential Canadian tech companies, focusing on accelerating founder development and performance.
Firms observed investing alongside Emerald Development Managers, from public investor directories. Shared companies are the overlap with Emerald Development Managers's recorded portfolio.
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