/Investor DB

Maryland TEDCO

Government fundoperating company · company profile

Columbia · Pre-Seed–Series A · 75 people tracked

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Investment thesis

TEDCO serves as Maryland's economic development engine for technology and life sciences companies, supporting researchers, entrepreneurs, and early-stage ventures in bringing innovations to market. It offers a range of programs spanning seed funds, venture funds, social impact funds, stem cell research funding, federal program matching, and rural and urban business innovation initiatives. Alongside capital, TEDCO provides business resources, mentorship through network advisors, technical and business assistance, and venture development support. Its mission centers on strengthening Maryland's innovation economy by nurturing startups from concept through commercialization and follow-on investment.

Source: firm website, verified Sep 27, 2026.

Stage
Pre-Seed–Series A
Check
$500K – $1.5M
HQ
Columbia, Maryland, US
Leads rounds
Follows
Instruments
Equity · Grants
Founded
1998
Last 12 months
2 investments
AUM
$200M
Tracked investments
189
Unicorns
1
IPOs
4
Acquisitions
3

Team · 75 people

from the firm's website & public directories
Theodore Gresser· Director, Seed Fundsin
Abi Kulshreshtha· Executive Director, Maryland Innovation Initiative (MII)in
Ann K. Pulley· Controllerin
Ann Liebschutz· Federal Agency Engagement Contractor (Consultant)
Anudeep Koneru· Program Coordinator / Business Intelligence Analystin
April Davis-Hurtt· Lead BRIDGE Advisorin
Avanti Shetye· Senior Director, Investment Operations & Compliance
Avishi Garg· BRIDGE Program Intern
Ben Antebi· Associate Director, Maryland Stem Cell Research Fund (MSCRF)in
Claudius Taylor· Rural & Urban Business Innovation Initiative Mentor, Central Maryland (Consultant)
DeJonna Farrar· Assistant Director, Digital Marketing & Communicationsin
Denise Pina· Finance & Program Administration Leadin
Diana Smith· Senior Administrative Services Manager/Executive Assistant
Ebahi Adubor· Finance & Technology Intern
Elias Freas· Venture Fund Portfolio Management Intern

TEDCO contributor featured in an insights blog post on stewardship and commitment to innovation.

Elizabeth Good Mazhari· Investment & Ecosystem Engagement Officerin
Fey Okupe· Assistant Attorney General
Gary Plourde· DefTech Advisor (Consultant)
Javier “Javi” Mulé· BRIDGE Advisor
Jigita Patel· Interim General Counselin
Jim Galante· Assistant Attorney General
Karen Zuccardi· Ecosystem Director, Venture Development

TEDCO staff member recognized as a Rising Star at the MDHCC 40th Anniversary Gala.

Kathie Callahan Brady· TEDCO Board Member (FITCI)
Kathy Callahan Brady· Board Member
Omoré Okhomina· BRIDGE Advisor
Rajaniece Thompson· Assistant Director & Grant Managerin

TEDCO team member associated with the organization's delegation to Taiwan.

Ricardo A. Alvarado· TEDCO Board Member (Firebrand Venture Companies)
Ricardo A. Alvardo· Board Member
Ron Kaese· DefTech Advisor (Consultant)
Ruchika Nijhara· Executive Director, Maryland Stem Cell Research Fund (MSCRF)in
Sabrina Spinner· Assistant Manager, Maryland Stem Cell Research Fund (MSCRF)
Sofia Vegarra· Sr. Investment Team Portfolio Managerin
Stephen Auvil· Chief Federal Engagement Officerin
Tami Yoloye· Investment Analyst
Valery Gutierrez· Administrative Coordinator, Maryland Innovation Initiativein
Yasmeen Johnson· Board Governance & Assistant Administrative Services Managerin

What they invest in

from 144 of 189 portfolio companies

AI & Machine Learning ×42Healthtech ×41Medical Devices ×41Biotech ×37Digital Health ×21SaaS ×20Deep Tech ×16Hardware ×16

HQs:United States×98Israel×1

Who they back

founder profiles across 92 portfolio companies
57%
solo founders
52 of 92 mapped founding teams
19%
repeat founders
of 85 founders with career history
~2 yrs
old at investment
median across 11 dated deals

Founding team size:solo founder×522 founders×313 founders×64+ founders×3

Where their founders studiedfrom 85 founders with education data

The Johns Hopkins University ×11University of Maryland ×7University of Maryland Baltimore County ×5Penn State University ×4Duke University ×3Georgetown Law ×3Massachusetts Institute of Technology ×3Stanford University ×3

What their founders studiedfrom 85 founders with field-of-study data

Engineering ×34Business & Management ×14Life Sciences ×13Computer Science ×11Finance & Accounting ×9Politics & Policy ×5Medicine ×4Law ×3

Where their founders worked beforefrom 85 founders with career history

Johns Hopkins University ×7National Institutes of Health ×3Avast ×2Johns Hopkins School of Medicine ×2Lonza ×2Medtechinnovator ×2National Science Foundation ×2Northrop Grumman Corporation ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×12

24 founders hold a PhD · 16 hold an MBA (of 91 with degree data)

Investments · 189 tracked

founders shown can be your intro path

By year:2026 · 22025 · 12024 · 12023 · 32022 · 12021 · 42020 · 12019 · 12018 · 22017 · 32016 · 12014 · 121 dated

Bullfrogaibullfrogai.cominNASDAQ: BFRGApr 2022

BullFrog AI develops AI/ML software for drug discovery that harmonizes fragmented biomedical data and analyzes complex multimodal datasets to identify patient subgroups, drug targets, and biomarkers.

AI & Machine LearningBiotechHealthtechGaithersburg, US

Vin Singh(CEO)inVininder Singh(Chief Executive Officer)Dane Saglia(Chief Financial Officer)

Co-investorsTEDCO

Cartesian Therapeutics (NASDAQ: RNAC)cartesiantherapeutics.comin𝕏NASDAQ: RNAC

Cartesian Therapeutics is a clinical-stage biotechnology company developing mRNA-based cell therapies aimed at treating autoimmune diseases.

BiotechHealthtechWatertown, US

Metin Kurtoglu(Executive Officer)Omid Farokhzad(Director)Chris Jewell(Executive Officer)inCarsten Brunn(President, CEO & Chairman of the Board)inEmily English(Executive Officer)inBlaine Davis(Executive Officer)in

Co-investorsK2 HealthVenturesSchooner CapitalTEDCO+ND CapitalPolaris PartnersRUSNANO

Longeveronlongeveron.comin𝕏NASDAQ: LGVN

Longeveron is a clinical-stage biotechnology company developing allogeneic cellular therapies for life-threatening conditions affecting children and the elderly.

BiotechHealthtechLongevityMiami, US

Joshua M. Hare(Executive Officer, Director)inPaul Lehr(Executive Officer)inLisa A. Locklear(Executive Officer)inWa'el Hashad(Executive Officer, Director)inNataliya Agafonova(Executive Officer)inJames Clavijo(Executive Officer)in

Co-investorsTEDCO

Xometryxometry.comin𝕏NASDAQ: XMTR

Xometry operates an on-demand manufacturing marketplace connecting buyers—from startups to global enterprises—with a vetted global network of suppliers for precision components across prototyping and high-volume production.

Advanced ManufacturingB2B MarketplacesLogistics & Supply ChainGaithersburg, US

Randy Altschuler(Founder)inRandolph Altschuler(Co-Founder, Chief Executive Officer and Director)Sanjeev Singh Sahni(President)in

BoardGeorge Hornig(Director)Laurence Zuriff(Founder)John Deutch(Director)

Co-investorsBMW i VenturesCherry VenturesDell Technologies CapitalFoundryKeyhorse CapitalPraxis Ventures Management, Llc+8 more

Epicor Software Corp.epicor.comin𝕏Feb 2026SEC filingmedium confidence

Epicor provides ERP and industry-specific software for companies that manufacture, distribute, and sell physical goods, including supply chain management, inventory and logistics tools, and retail point-of-sale and digital commerce systems.

Advanced ManufacturingEnterprise SoftwareSaaSAustin, US

Vaibhav Vohra(Executive Officer)inStephen Murphy(Executive Officer, Director)Brad Knisely(Executive Officer)inJennifer Vanta(Executive Officer)inJames Taylor(Executive Officer)in

BoardSebastian Kunne(Director)

Board seatTroy A. LeMaile-Stovall· per SEC Form D · filed Feb 2026

Co-investorsJMI EquityACE & Company

3Dnamics3dnamics.comin

3Dnamics engineers 3D organoid models from human stem cells to develop therapeutics for neurological diseases including Alzheimer's and Parkinson's.

AI & Machine LearningBiotechMedical DevicesBaltimore, US

Ha Nam Nguyen(Founder)in

Co-investorsTEDCO

Abreakmusicabreakmusic.comin𝕏

aBreak Music is a free music and artist discovery platform for independent artists.

B2B MarketplacesCreator EconomyMedia & Entertainment

Bruce Tyler(Founder)in

Co-investorsTEDCO

Adaptive Phage Therapeuticsaphage.comin𝕏

Aphage develops AI and sensor technologies to identify, track, and classify physical threats across borders, infrastructure, and transportation networks for government and security organizations.

AI & Machine LearningBiotechDefense TechGovTechGaithersburg, IL

Gregory L. Merril(Executive Officer, Director, Promoter)Carl R. Merril(Executive Officer, Director)in

BoardJonathan Leff(Director)inEvan Loh(Director)Jana Jensen(Director)Raymond L. Martz(Director)

Co-investorsHackensack Meridian Health Bear's DenTEDCOAMR Action FundDeerfield Management CompanySofinnova Ventures

AGED Diagnosticsageddiagnostics.com

Developing the first accurate blood test for fatty liver disease.

Co-investorsCentral Texas Angel NetworkHow Women InvestIntelligence VenturesTEDCO

Aidaraidar.comin𝕏

Aidar (Aidar Health) develops digital medicine solutions that combine physical and digital biomarkers with predictive algorithms to support precision medicine and remote patient monitoring.

AI & Machine LearningDigital HealthMedical Devices

Sathya Elumalai(Founder)in

Co-investorsTEDCO

Airgilityairgility.co

Pramod Raheja(Founder)in

Co-investorsTEDCO

Aloetherapeuticsaloetherapeutics.org

Aloe Therapeutics develops AIM-001, a localized cell-based immunotherapy implanted at tumor sites during surgery to activate the immune system and improve response to checkpoint immunotherapy in patients with advanced solid tumors.

BiotechMedical Devices

Co-investorsTEDCO

Aqualithaqualith.net

AquaLith manufactures next-generation batteries and battery materials, developing new material chemistries that increase energy density and reduce charging time for consumer electronics and electric vehicles.

CleantechEnergyNew MaterialsCollege Park, US

Gregory Cooper(Founder & CEO)in

Co-investorsTEDCOUniversity System of Maryland Momentum FundSOSV

Ardentprivacyardentprivacy.aiin𝕏

Ardent Privacy provides a data-centric security and privacy platform that helps enterprises discover, minimize, and protect their data while meeting privacy compliance requirements across numerous global regulations (such as GDPR, CCPA, DPDPA, and LGPD).

CybersecurityEnterprise SoftwareSaaS

Co-investorsTEDCO

ARMR Systemsarmrsystems.cominSep 2025

ARMR Systems develops a wearable vascular clamp system for rapid hemorrhage control in trauma situations where medical help is not immediately available.

Defense TechHealthtechMedical DevicesBaltimore, US

Chibueze Ihenacho(Executive Officer, Director)

BoardSandy Potter(Director)Paul Floyd(Director)Douglas Brodman(Director)

Co-investorsAtlanta Technology AngelsTamiami AngelTEDCOUniversity System of Maryland Momentum Fund

Astek Diagnosticsastekdx.comin

Astek Diagnostics develops a diagnostic platform for rapid and accurate detection of urinary tract infections and related conditions in clinical specimens.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesBaltimore, US

Mustafa Al-Adhami(Founder)inCourtney Cavin(Cofounder)in

Co-investorsTEDCOY CombinatorAJGAYANA Capital LLCBuilder CapitalHarvard Management Company+4 more

Audiooneaudioone.fyiApr 2021

Bethesda, US

Antonio Bray(Director)

Co-investorsTEDCO

Balance Theorybalancetheory.ioin

Balance Theory offers a platform for managing enterprise cybersecurity investment decisions end-to-end, from detecting spending triggers through vendor evaluation, negotiation, and program rationalization.

AI & Machine LearningCybersecurityEnterprise SoftwareColumbia, US

Nathan Necaise(Executive Officer, Director)inLisa Mathias(Executive Officer, Director)inGregory Baker(Executive Officer, Director)

BoardDan Burns(Director)John Funge(Director)inAlex Tosheff(Director)in

Co-investorsDataTribeTEDCOSyn Ventures Seed Management Llc

Bandurasystemsbandurasystems.comin𝕏

Banadura Systems provides a network security platform that blocks malicious traffic and DNS threats across devices and networks.

CybersecurityLake Saint Louis, US

Suzanne Magee(Manager)inAndrea S. Johnson(Manager)

Co-investorsTEDCO

Beyondcommissionsbeyondcommissions.com

Beyond Commissions builds customizable software for revenue and commissions accounting, payment reconciliation, and financial workflow management aimed at wealth management and life insurance organizations, including advisors, agencies, and carriers/custodians.

FintechInsurTechSaaS

Nigel Knowles(CEO & Owner)

Co-investorsTEDCO

Blocksynopblocksynop.comin𝕏

Blocksynop develops the Neural Blockade Monitor, a noninvasive, real-time device for measuring the effectiveness of local anesthetics (neural blocks) in patients.

HardwareHealthtechMedical Devices

Wayne Sternberger(CTO & Co-inventor)inShari Sternberger(President/CEO)Ellyn Murphy(Senior VP, Marketing)in

Co-investorsTEDCO

Bondtruebondtrue.com

BondTrue develops medical devices through design and development services.

Medical DevicesBaltimore, US

Co-investorsTEDCO

Bricatabricata.comin𝕏acquired by OpenText

This page presents OpenText Network Detection & Response, a cybersecurity product that monitors network traffic using signature inspection, anomaly detection, and machine learning to detect and respond to threats in real time.

AI & Machine LearningCybersecurityEnterprise SoftwareColumbia, US

John Trauth(Chairman and CEO)John Becker(Director)George Schu(Director)Ben Levitan(Director)Gennadiy Savchuk(Executive Officer, Director)

BoardLenard Marcus(Director)in

Co-investorsEdison PartnersTEDCO

Capsulomicscapsulomics.comin𝕏

Capsulomics offers Esopredict, a DNA methylation-based risk-stratification test that predicts progression from Barrett's esophagus to high-grade dysplasia or esophageal adenocarcinoma for gastroenterologists and pathologists.

AI & Machine LearningBiotechDigital HealthMedical DevicesHalethorpe, US

Daniel Lunz(Executive Officer, Director)inWilliam Stevens(Executive Officer)inStephen Meltzer(Director)

BoardJohn Neiderhuber(Director)

Co-investorsEarly Light VenturesTEDCOGaingelsRiptide Ventures

Carrtech Corpcarrtechcorp.comin𝕏

CarrTech develops FROG (Filter Removal of Glass), an FDA-cleared all-in-one device that combines a filter and hypodermic needle in a single package for preparing injectable medications from glass ampoules.

HardwareHealthtechMedical Devices

Sue Fisher Carr(Founder)inMark Beliczky(CEO)Jack Kent(CCO)John Brzezenski(CFO & Business Strategist)

Co-investorsOld Line Capital PartnersTEDCO

Celcycelcy.com𝕏

Celcy makes a smart oven and freezer that automatically prepares meals while the user is away, controlled through a companion app that lets people select and schedule meals remotely.

ConsumerFoodTechHardware

Max Wieder(Co-founder)inEddie Holzinger(Co-founder)

Co-investorsTEDCORedbud VC

Cerebro Capitalcerebrocapital.comin𝕏

Cerebro Capital provides a technology-enabled platform for commercial lending that connects businesses with lenders to simplify and accelerate the business loan process.

B2B MarketplacesEnterprise SoftwareFintechSaaSBaltimore, US

Matthew Bjonerud(Founder & CEO)inKevin Dieter(Executive Officer)

BoardJames McGuire(Director)Douglas Becker(Director)Steve Reale(Director)in

Co-investorsFINTOP CapitalInner Loop CapitalSterling PartnersTCP Venture CapitalTEDCOUlu Ventures+2 more

Cidekiccidekic.com

Cide Kic is a digital, image-based kitchen management product that handles recipes, menus, banquets, food safety, food waste, and staff coordination for professional kitchens.

FoodTechSaaS

James Hudock(Founder)Jorge Fajardo(Co-Founder, CSM)Brian Armstrong(VP Sales)Paul Stukus(CFO)

Co-investorsTEDCO

Clymbclymbup.ioin𝕏

Clymb develops emotional wellness programs for young people to build resilience, emotional intelligence, and reduce stress.

EdTechHealthtechHR TechMental HealthWellness & FitnessBaltimore, US

Ashley Williams(Founder)

Co-investorsTechstarsTEDCO

Commoncurriculumcommoncurriculum.com𝕏

Common Curriculum offers a digital lesson planning and collaboration platform for teachers and school administrators.

EdTech

Co-investorsTEDCO

Cooltechcorpcooltechcorp.com

CoolStat is an investigational medical device that delivers dry air through the nasal passages to cool patients with fever and other conditions, currently being studied in clinical trials for neurogenic fever, cardiac arrest, and migraine pain management.

Digital HealthHealthtechMedical DevicesBaltimore, US

Brian Lipford(Manager)

Co-investorsTEDCO

Cravvncravvn.com𝕏

An AI-powered mobile app that recommends restaurants and recipes based on user preferences, dietary restrictions, and mood.

AI & Machine LearningConsumerFoodTech

Michael Kalu(Founder)in

Co-investorsTEDCO

Curbiocurbio.comin𝕏

Curbio manages home preparation and improvement services for real estate agents, teams, and brokers.

B2B MarketplacesPropTech

Co-investorsBrick Mortar VenturesCamber CreekCerity Partners VenturesComcast VenturesMasco VenturesRevolution+2 more

Cventcvent.comin𝕏

Cvent provides event management and hospitality software used by event planners and organizations to plan, market, and run in-person and virtual events.

AI & Machine LearningEnterprise SoftwareMarketing TechMarketplacesSaaS

Reggie Aggarwal(Founder)inChuck Ghoorah(Co-founder, President of Worldwide Sales and Marketing)inDavid Quattrone(Co-founder, Chief Technology Officer)inAmy Lucia(Chief Marketing Officer)inKathy Wagner(Chief Financial Officer)inJeannette Koonce(General Counsel & Corporate Secretary)in

Co-investorsEast Valley VenturesFJ LabsNew Enterprise Associates (NEA)Oregon Venture FundValence VenturesBirchmere Ventures+1 more

CyDeploycydeploy.comin𝕏Mar 2023 · $1.1M

CyDeploy provides a platform that uses automated asset discovery, digital twins, and AI-driven testing to help organizations understand the impact of technology changes like patches and digital transformations on their environment.

AI & Machine LearningCloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareLaurel, US

Tina Williams-Koroma(Founder & CEO)David Steadman(Technical Co-Founder/President of Engineering)

Co-investorsBIP VenturesTechstarsTEDCOPanoramic VenturesPreface Ventures

Datakwipdatakwip.cominMay 2019

Datakwip connects building data sources — building automation systems, meters, sensors, and weather feeds — and deploys AI agents that identify energy savings, detect equipment faults, and generate reports without manual configuration.

AI & Machine LearningEnergyPropTechFrederick, US

Cory Perdue(Executive Officer, Director)

Co-investorsTEDCOUniversity System of Maryland Momentum FundGreenGen Ventures

Docksharedockshare.appinDec 2023

Dockshare is a marketplace that connects boaters with private dock owners, letting owners rent out unused docks for extra income and giving boaters short-term or long-term dock rentals in various locations.

ConsumerMarketplacesTravel & HospitalityTowson, US

Nate Young(Co-founder)Gina Young(Co-founder)Nate Y.(Founder)in

Co-investorsTEDCO

Dogwoodgamingdogwoodgaming.comin𝕏

Dogwood Gaming is an independent game development studio that builds PC games across genres — including psychological thrillers, party brawlers, RPGs, and visual novels — distributed mainly on Steam.

AI & Machine LearningGamingMedia & EntertainmentRockville, US

Sam Martino(Founder)in

Co-investorsTEDCO

Dynamicdimensiontechnologiesdynamicdimensiontechnologies.com

Dynamic Dimension Technologies (DDT) builds engineering and software solutions—including simulation tools, robotics systems, and data solutions—for government and commercial clients, with a track record supporting the U.S.

Deep TechDefense TechRobotics

Karl Leodler(CEO)

Co-investorsTEDCO

EcoMap Technologiesecomap.techin𝕏

EcoMap builds a software platform that provides connective infrastructure for entrepreneurial ecosystems, helping regional economic development organizations, state agencies, and business support organizations make their programs discoverable and interconnected for small business owners.

AI & Machine LearningData & InfrastructureGovTechImpact & Social GoodMarketing TechSaaSWilmington, US

Pava LaPere(Founder)Sherrod Davis(CEO)inSMITHA GOPAL(Executive Officer, Director)in

BoardNATHANIEL VASEL(Director)inTIMOTHY MCLOUGHLIN(Director)inERICA DROHAN(Director)

Co-investorsLas Olas Venture CapitalPAX ANGELS, LLCTCP Venture CapitalTechstarsTEDCOCofounders Capital+1 more

Elite Gaming Liveelitegaminglive.com

Edtech and e-gaming platform for education

Columbia, US

Alex Sabol(Executive Officer)Kerwin Rent(Executive Officer, Director)Robert Kornblum(Director)

BoardMcKeever Conwell(Director)

Co-investorsAmerican Family Insurance Institute for Corporate and Social ImpactRareBreed VenturesTEDCOTransform Capital Management

Elixirgentherapeuticselixirgentherapeutics.com

Elixir Therapeutics develops therapies for rare diseases and aging-related conditions using proprietary technologies, including ZSCAN4 for telomere extension in stem cell therapies and Bobcat mRNA for delivering large genes.

BiotechLongevityMedical DevicesBaltimore, US

Minoru Ko(Chief Scientific Officer)AKIHIRO KO(Executive Officer, Director)

BoardHIROAKI KOBAYASHI(Director)JEFFREY CLELAND(Director)THOMAS WHITE(Director)SHAUNA CALLAHAN(Director)

Co-investorsTEDCOUTEC

Emedicalsentryemedicalsentry.com𝕏

eMedicalSentry provides remote patient monitoring (RPM) and telehealth services that let hospitals and healthcare providers track and communicate with patients remotely to reduce 30-day readmissions and avoid Medicare penalties.

Digital HealthHealthtechMedical Devices

Co-investorsTEDCO

Ensembleconsultancyensembleconsultancy.comin𝕏

Ensemble is an advanced technology consultancy providing digital modernization and R&D services—including data platforms, API development, machine learning, cloud infrastructure, and prize competition design—to federal agencies, universities, and enterprises.

AI & Machine LearningCloud ComputingGovTech

Co-investorsTEDCO

Epiwatchepiwatch.comin

EpiWatch is an FDA-cleared seizure detection app for Apple Watch that monitors for tonic-clonic seizures and sends real-time alerts to users and their caregivers.

Digital HealthHealthtechMedical DevicesBaltimore, US

Nathan Crone(Executive Officer, Director, Promoter)Gregory Krauss(Executive Officer, Director, Promoter)Teresa Prego(Executive Officer, Director)inDean Papadopoulos(Executive Officer, Director, Promoter)

BoardDaniel Hanley(Director)Richard Schmitt(Director)

Co-investorsIaso VenturesTEDCO

EQL Financeeqlfinance.comin𝕏

EQL Finance provides a subscription-based digital financial toolkit for working-class U.S. families.

AI & Machine LearningFintechNewark, US

Co-investorsTechstarsTEDCOVillage CapitalZeal Capital Partners

Escalateescalateusa.comin𝕏

Escalate provides support solutions for businesses managing hourly and frontline workers, focusing on reducing turnover and increasing productivity to drive profitability and business growth.

EdTechEnterprise SoftwareFintechHR TechSilver Spring, US

Sienna Daniel(Cofounder & President)inSean Segal(Cofounder & CEO)in

Co-investorsGurtin VenturesPotencia VenturesTechstarsTEDCO

Eyruseyrus.comin𝕏

Eyrus is a construction workforce management platform that combines worker registration and onboarding, time tracking, access control, and video surveillance in one system.

AI & Machine LearningConstruction TechSaaS

Hussein Cholkamy(Founder)in

Co-investorsFuel Venture CapitalK Street CapitalMotley Fool VenturesTEDCOTemerity Capital PartnersSpring Mountain Capital

FactoryFour (Fusiform)factoryfour.com𝕏

Xometry provides an instant quoting and manufacturing platform that connects startups and enterprises with a global network of manufacturers to produce precision components from prototype through high-volume production.

Advanced ManufacturingB2B MarketplacesSaaS

Co-investorsAugust CapitalTEDCORefactor Capital

Fanzplayappfanzplayapp.com𝕏

FanzPlay is a mobile social gaming app where fans compete in real-time trivia and knowledge-based games about their favorite sports teams and performers, with prizes and live scoreboard displays during events.

GamingSocial

Co-investorsTEDCO

Femly Future of Healthfemly.com

Femly supplies organic cotton period care products (tampons and pads) to offices, schools, airports, and hospitality venues to improve workplace wellness and accessibility for employees and visitors.

FemTechWellness & Fitness

Co-investors100Km Ventures LlcTEDCOFearless Fund

Flexnodeflexnode.ioin

FlexNode provides modular AI infrastructure solutions designed for rapid deployment at the edge.

AI & Machine LearningCloud ComputingDeep Tech

Andrew C. Lindsey(Founder)in

Co-investorsActivant CapitalAvilaColle Capital PartnersHumans Of The InternetTEDCOVolvo Group Venture Capital AB+2 more

FlixMateflixmate.appin

FlixMate is a community-powered app that enables TV and movie fans to discover, share, and track content across streaming platforms in a centralized social interface.

ConsumerMedia & EntertainmentSocial

Dr. Donnisha Davis(Founder)in

Geothermalgeothermal.tech

Geothermal Technologies, Inc.

CleantechClimate TechEnergyBaltimore, US

J. Gary McDaniel(Chief Executive Officer)inJim Hollis(Chief Operating Officer)Dr. Bruce Marsh(Chief Science Officer)

Co-investorsTEDCOPrelude Ventures

Ghavenesportsghavenesports.com

Dexter Carr Jr, MHA(Founder)in

Co-investorsTEDCO

Givherogivhero.comin𝕏

Givhero provides a mobile-first platform that enables HR teams to manage employee wellness programs while connecting them to charitable causes and fundraising.

HR TechSaaSWellness & FitnessGaithersburg, US

Vishal Chintawar(Executive Officer, Director)

Co-investorsTEDCOUniversity System of Maryland Momentum FundConscious Venture Lab

Goby Homesgobyhomes.comin𝕏

Goby Homes offers a unified workspace for managing real estate transactions, combining document sharing and e-signing, encrypted client data, scheduling, notifications, and built-in video meetings.

PropTechSaaSWaldorf, US

Terrence Nickelson(Founder & CEO)in

Co-investorsTechstarsTEDCO

Haystack Solutionshaystacksolutions.comin𝕏Nov 2021

Haystack Solutions offers CyberGEN.IQ, a cyber aptitude and talent assessment that uses cognitive tests to measure a person's strengths across cognitive dimensions relevant to cybersecurity work.

CybersecurityEdTechHR TechCollege Park, US

Doug Britton(Executive Officer, Director, Promoter)

Co-investorsTEDCO

Hbvtechhbvtech.comin

HBVtech develops a gene therapy platform intended to treat chronic infections with a single injection.

BiotechDeep Tech

Co-investorsTEDCO

Hememicshememics.comin

Hememics develops FAST (Functionalized Analyte Screening Technology), an immunoassay-based screening platform that lets researchers use their own antibodies and antigens to screen antibody mini-panels in under an hour.

BiotechDeep TechMedical Devices

John L. Warden, Jr.(Founder & CEO, Chairman of the Board)inDavid Ho(Founder, President & CSO)inRichard Liu(CFO & Board Member)in

Co-investorsTEDCO

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ActivechargeAlchemityAlirtifyAtaataAttilasecAzadihealthBluestartelehealthEatdindinEmpowertherapeuticsEquiscorebiForetraceGel EGkchainIkeyvaultKrydusMyTEDCONeurosbioOmnibiosciencesOvalzPersonPetconnectappRapatherapeuticsReturnb2BTargetdocsTheclearmaskTransformaniaYotengo

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.

Exits · 7

4 IPOs · 3 acquisitions · showing 6

BullfrogaiNASDAQ: BFRGCartesian Therapeutics (NASDAQ: RNAC)NASDAQ: RNACLongeveronNASDAQ: LGVNXometryNASDAQ: XMTRAtaataacq. by MimecastBricataacq. by OpenText

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Maryland TEDCO made?
Maryland TEDCO has 189 tracked investments, 7 of which have exited, including 3 dated in the last 24 months.
What stage does Maryland TEDCO invest at?
Maryland TEDCO invests at the Pre-Seed, Seed, Series A stages.
What is Maryland TEDCO's typical check size?
Maryland TEDCO typically writes checks of $500K – $1.5M.
What sectors does Maryland TEDCO focus on?
Maryland TEDCO focuses on AI & Machine Learning, Biotech, Cybersecurity, Deep Tech, Healthtech, Sector Agnostic.
Where is Maryland TEDCO located?
Maryland TEDCO is headquartered in Columbia, US.
Does Maryland TEDCO lead rounds?
Maryland TEDCO typically participates in rounds rather than leading them.
Who does Maryland TEDCO co-invest with?
Maryland TEDCO most often shares deals with TEDCO, Techstars, University System of Maryland Momentum Fund, among 134 tracked co-investors.

From the blog

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Maryland TEDCO has recently written about launching equitable entrepreneurial support programs for disadvantaged founders, the role of stewardship in responsible economic development, and strengthening cross-border innovation partnerships with Taiwan through co-investment initiatives. AI summary

Media · Podcasts & interviews

from their channel

How TEDCO Helps Startups Access Funding and Federal Resources

TEDCO

GlobalData Training for TEDCO Internal Members

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