Ohio Innovation Fund
Venture capitalDublin · Seed–Series A · 2 people tracked
Investment thesis
OIF invests in early-stage companies across artificial intelligence, medtech, AR/VR, cybersecurity, SaaS, and biotech sectors. The firm believes in true partnership with founders, combining strategic insights, operational expertise, and access to a wide network of industry advisors. OIF focuses on identifying key value inflection points and providing purposeful support tailored to each company's unique growth demands, positioning itself as a long-term partner committed to building world-class, impactful businesses.
Source: firm website, verified Jul 21, 2026.
Team · 2 people
from the firm's websiteAn early investor and mentor involved in OIF's operations, Bill has been instrumental in supporting young founders and providing strategic guidance and network access.
A member of OIF's team who provides early-stage support and strategic guidance to portfolio companies, helping position businesses favorably for future milestones and exits.
What they invest in
from 22 of 41 portfolio companiesEnterprise Software ×9Medical Devices ×7SaaS ×7AI & Machine Learning ×6Healthtech ×6Deep Tech ×4Biotech ×3Cloud Computing ×3
HQs:United States×7
Investments · 41 tracked
founders shown can be your intro pathEmployee onboarding automation platform that streamlines hiring processes and reduces onboarding time by up to 90%
Virtual touch technology using neural haptics to create artificial tactile sensations in VR, AR, and digital devices
Afference develops neurotechnology that enables remote sensory perception through wearable devices, allowing people at a distance to share tactile sensations. The company combines neural interface engineering with consumer electronics to restore or create the sensation of touch in communication.
AI & Machine LearningDeep TechHardwareHealthtechCleveland, US
Jacob Segil(Co-founder & CEO)Dustin Tyler(Co-founder & CTO)
Alviere provides a financial technology platform that enables enterprises to embed branded financial products into customer experiences. The platform combines technology infrastructure with program management services, helping companies offer loyalty programs, credit access, and other financial products.
Enterprise SoftwareFintechSaaS
Coupa provides an AI-native platform for business spend management, covering procurement, finance, and supply chain operations for enterprises. The platform leverages data from over 10 million buyers and sellers globally to deliver intelligent insights and autonomous spend management capabilities.
AI & Machine LearningEnterprise SoftwareFintechSaaS<UNKNOWN>
Mimecast provides a platform for securing humans, data, and AI within organizations. The company serves enterprise customers seeking protection and secure work environments.
AI & Machine LearningCloud ComputingCybersecurityEnterprise Software
Ranjan Singh(CEO)
AI-powered security platform for enterprise collaboration tools that monitors communications and identifies compliance risks
Bullhorn provides recruitment software and AI-powered staffing solutions for staffing agencies and recruitment firms of all sizes. The platform includes CRM tools, automation, and AI features like candidate matching and screening to help recruiters source, screen, and place talent more efficiently.
HR TechSaaSSales Tech
CAIRE manufactures oxygen therapy devices and cardiorespiratory diagnostic equipment, serving clinical and commercial markets including emergency medical services and healthcare providers.
HealthtechMedical DevicesBall Ground, US
Clarametyx develops novel immune-enabling therapeutics targeting bacterial biofilms to modify disease progression in patients with chronic respiratory diseases.
BiotechHealthtechMedical Devices
Biofilm-targeting antibacterial therapy company developing treatments for antibiotic-resistant bacterial infections
RealTime provides software systems for managing clinical trial operations across research sites, networks, academic medical centers, CROs, and sponsors. The platform includes site operations management, case management, electronic regulatory documents, source data, payments, and patient engagement tools.
Enterprise SoftwareHealthtechSaaS
Clinical research document management platform that streamlines regulatory documentation for clinical trials
Supplier diversity and procurement solutions platform connecting organizations with diverse suppliers
Frontline operations platform for mid-market manufacturers connecting people, data, and processes on the shop floor
DOmedia provides cloud-based software that connects buyers and sellers in the out-of-home advertising market, enabling agencies, media vendors, and local advertisers to efficiently purchase, manage, and sell billboard and transit advertising inventory.
AdTechB2B MarketplacesSaaS
Rich Langdale(Chairman/Founder)Ken Sahlin
eFuse is an AI-powered platform that helps brands and advertisers reach gaming audiences through insights, media solutions, and gaming expertise. The company serves brands seeking to connect with Gen Z, Gen Alpha, and Millennial audiences through gaming channels and esports activations.
AdTechAI & Machine LearningGaming
Wearable drug delivery platform enabling patients to self-administer high-volume biologics with minimal discomfort
Enable Injections develops and manufactures enFuse, a wearable drug delivery device that delivers large volumes of pharmaceutical and biologic therapeutics subcutaneously for patients with chronic diseases. The company serves healthcare providers, payers, and patients by offering a mechanical hands-free alternative to intravenous treatment.
BiotechHealthtechMedical DevicesCincinnati, US
Mike Hooven(Chairman, President and CEO)
AI hardware company developing silicon and optical solutions to optimize GPU training performance and reduce costs
Eridu develops networking infrastructure optimized for artificial intelligence workloads. The company designs networking solutions to address the demands of AI systems that exceed the capabilities of existing infrastructure.
AI & Machine LearningCloud ComputingDeep TechHardwareSaratoga, US
Drew Perkins(CEO and founder)
FenixPyre provides file-layer data protection for unstructured files to ensure data remains encrypted and unusable even when accessed with stolen credentials. The platform serves organizations that hold sensitive personal and professional data, particularly those vulnerable to supply chain credential theft.
CybersecurityData & InfrastructureEnterprise SoftwareNew Albany, US
Non-invasive cardiac diagnostic imaging company using magnetocardiography technology to assess heart function without radiation
AI-powered data governance and privacy control platform automating secure data access and regulatory compliance
Invirsa is a clinical-stage biopharmaceutical company developing DNA damage response therapeutics, with lead compound INV-102 in development for ocular conditions including sulfur mustard gas injury and diabetic dry eye disease.
BiotechDigital HealthMedical Devices
Ocular drug delivery technology company developing targeted medication delivery solutions for eye conditions
LENTECHS develops patented soft contact lens technology designed to deliver vision correction across all distances. The company, a clinical-stage ophthalmic medical device manufacturer, targets users seeking glasses-like vision quality.
Medical DevicesColumbus, US
Microtechnology solutions company combining engineering expertise with advanced materials science for healthcare and electronics
Niobium develops a platform for encrypted computation using fully homomorphic encryption (FHE) that processes data while keeping it encrypted throughout its lifecycle. The platform targets developers and enterprises seeking to build privacy-preserving applications without decrypting sensitive data.
AI & Machine LearningCloud ComputingCybersecurity
RealTime offers software systems for managing clinical trial operations, including site operations management, trial execution, and data analytics. The platform serves clinical research sites, site networks, academic medical centers, contract research organizations, and trial sponsors.
Digital HealthEnterprise SoftwareSaaS
Cardiac ablation safety technology protecting the esophagus during atrial fibrillation treatment procedures
S4 Medical manufactures esolution, an FDA-cleared medical device that protects the esophagus from thermal injury during catheter ablation procedures for atrial fibrillation treatment. The device is compatible with any ablation energy source and designed specifically for electrophysiology workflows.
HealthtechMedical Devices
Prescription delivery platform connecting pharmacies, patients, and couriers to improve medication access and adherence
Respiratory diagnostics company specializing in FeNO measurement technology for asthma diagnosis and management
Ultra-low temperature freezer manufacturer using energy-efficient Stirling engine technology for life sciences applications
Stirling Ultracold manufactures ultra-low temperature freezers for laboratory and medical storage applications, using free-piston Stirling engine technology. The company serves research institutions, hospitals, and vaccine distribution operations with high-capacity, energy-efficient freezing equipment.
Deep TechHardwareMedical Devices
Immersive 3D experience platform using AR and VR technology for visualization in education, healthcare, and real estate
Trace is a platform for creating and publishing augmented reality experiences across retail, events, training, and real estate. It provides tools for designing AR content on mobile and desktop, with support for persistent spatial anchoring and multi-device viewing.
Deep TechEnterprise SoftwareSaaS
Docket is a shop floor digitization platform that converts paper-based manufacturing workflows into standardized digital processes for mid-market manufacturers. The platform provides digital work instructions, job dashboards, and productivity analytics to improve operator efficiency and shop floor performance.
Advanced ManufacturingEnterprise Software
Frequently asked questions
- What stage does Ohio Innovation Fund invest at?
- Ohio Innovation Fund invests at the Seed, Series A stages.
- What sectors does Ohio Innovation Fund focus on?
- Ohio Innovation Fund focuses on AI & Machine Learning, Biotech, Cybersecurity, Medical Devices, SaaS.
- Where is Ohio Innovation Fund located?
- Ohio Innovation Fund is headquartered in Dublin, US.
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