Ohio Innovation Fund — Full Portfolio

FenixPyre provides file-layer data protection for unstructured files to ensure data remains encrypted and unusable even when accessed with stolen credentials.

CybersecurityData & InfrastructureEnterprise SoftwareNew Albany, US

Harihara Varma Indukuri(Founder)Tom Kwon(Executive Officer)C. Emre Koksal(Executive Officer, Director)

Board seatBill Baumel· per SEC Form D

Co-investorsDundee Venture CapitalFirst Leaf CapitalGeometry Venture DevelopmentJobsOhio Ventures

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 DevicesColumbus, US

Robert Shalwitz(Executive Officer, Director)inRachael Wingo(Executive Officer)

BoardWayne Embree(Director)Tim Willis(Director)Bethany George(Director)in

Board seatFaith Voinovich· per SEC Form D

Co-investorsCincyTechJobsOhio VenturesJumpstart VenturesRev1 Ventures

Columbus, US

Jeffrey Daniel Schumann(Executive Officer, Director, Promoter)Matthew Marvin Huber(Director, Promoter)Mark Gaetano(Director)Gregory Stephen Moran(Executive Officer, Director)

BoardMichael Joseph Stubler(Director)

Board seatWilliam Roy Baumel· per SEC Form D · $12.1M raise · filed Oct 2018

Prescription delivery platform connecting pharmacies, patients, and couriers to improve medication access and adherence

HealthtechColumbus, US

Amanda Epp(Executive Officer)

Board seatBill Baumel· per SEC Form D

Co-investorsJumpstart CapitalJumpstart VenturesPixel Perfect Ventures

Employee onboarding automation platform that streamlines hiring processes and reduces onboarding time by up to 90%

Afference develops neurotechnology that enables remote sensory perception through wearable devices, allowing people at a distance to share tactile sensations.

AI & Machine LearningDeep TechHardwareHealthtechCleveland, US

Jacob Segil(Co-founder & CEO)inDustin Tyler(Co-founder & CTO)in

BoardTaylor Hurst(Director)inTrevor Zimmerman(Director)in

Co-investorsAnthropy PartnersCWRU Technology VenturesEvolution VC PartnersHannah Grey VenturesJobsOhio VenturesKonvoy Ventures+5 more

Alviere provides a financial technology platform that enables enterprises to embed branded financial products into customer experiences.

Enterprise SoftwareFintechSaaS

Co-investorsAlumni VenturesBasecamp FundCommerzVenturesDraper TriangleEastward Capital PartnersJumpstart Ventures+2 more

AI-powered security platform for enterprise collaboration tools that monitors communications and identifies compliance risks

Co-investorsCherry VenturesDraper TriangleJobsOhio VenturesJumpstart Ventures

Bullhorn provides recruitment and staffing software, including an AI suite called Amplify, that unifies clients, candidates, and jobs for staffing agencies of all sizes.

AI & Machine LearningHR TechSaaSBoston, US

Art Papas(Founder & CEO)

Co-investorsInsight PartnersGenstar CapitalStone PointGenstar

CAIRE develops and manufactures oxygen delivery equipment and services for medical and commercial applications, including products under its AirSep, HELiOS, and SeQual brands.

HardwareHealthtechMedical DevicesBall Ground, US

Clarametyx develops novel immune-enabling therapeutics targeting bacterial biofilms to modify disease progression in patients with chronic respiratory diseases.

BiotechHealthtechMedical DevicesColumbus, US

David Richards(Executive Officer)Peter G. Kleinhenz(Director)Michael Layman(Director)Chuck Bramlage(Director)Larry Edwards(Director)Michael Triplett II(Director)

PartnerFaith Voinovich· led

Co-investorsCincyTechJobsOhio VenturesRev1 Ventures

RealTime provides software systems for managing clinical trial operations across research sites, networks, academic medical centers, CROs, and sponsors.

Enterprise SoftwareHealthtechSaaSCleveland, US

Richard Lee Arlow(Executive Officer, Director)

BoardCharles Stack(Director)Joseph Whang(Director)Dan McMullen(Director)

Co-investorsBeringeaJobsOhio VenturesJumpstart Ventures

Supplier diversity and procurement solutions platform connecting organizations with diverse suppliers

Coupa provides an AI-native platform for business spend management, covering procurement, finance, and supply chain operations for enterprises.

AI & Machine LearningEnterprise SoftwareFintechSaaSSan Mateo, US

Jon Stueve(Executive Officer)Rob Bernshteyn(Chief Executive Officer & Chairman)in

BoardJonathan Ebinger(Director)inBryan Stolle(Director)inNeeraj Agrawal(Director)inCharles Beeler(Director)

Co-investorsBattery VenturesBright Pixel CapitalCapitalGCraft VenturesCrosslink CapitalElevate Innovation Partners+12 more

Docket is a shop floor digitization platform for mid-market manufacturers that converts paper-based workflows and tribal knowledge into standardized digital processes.

Advanced ManufacturingEnterprise SoftwareSaaS

Brian Ellis(Founder)inGerald Hetrick(Chief Executive Officer)in

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 MarketplacesSaaSColumbus, US

Rich Langdale(Chairman/Founder)Mike Cooper(Executive Officer, Director)Kenneth Sahlin(Executive Officer, Director)

BoardChristopher Harris(Director)inThomas Heilman(Director)Alexandra Twyman(Director)

Co-investorsNCT VenturesJobsOhio VenturesAdvantage Capital Partners

eFuse is an AI-powered platform that helps brands and advertisers reach gaming audiences through insights, media solutions, and gaming expertise.

AdTechAI & Machine LearningGamingColumbus, US

Matthew Benson(CEO and President)Patrick Klein(Treasurer)Jordan Benson(Secretary)

Co-investorsJobsOhio Ventures

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.

BiotechHealthtechMedical DevicesCincinnati, US

Mike Hooven(Chairman, President and CEO)inTimothy Flaherty(Executive Officer)Simone Song(Director)Karen Robards(Director)Richard J D'Augustine(Director)Norman R. Weldon(Director)

Co-investorsAngel Physicians FundCincyTechLightship CapitalMagnetar AI VenturesVersant Ventures

Eridu develops networking infrastructure optimized for artificial intelligence workloads.

AI & Machine LearningCloud ComputingDeep TechHardwareSaratoga, US

Drew Perkins(CEO and founder)inChristian Gallagher(Director)Jagdeep Singh(Director)Omar Hassen(Director)Dipender Saluja(Director)Brian Kinard(Executive Officer)

Co-investorsBosch VenturesCatapult VenturesMatter Venture PartnersSocratic PartnersZelda VenturesBlack Opal Ventures+12 more

BiotechMason, US

Peeyush Shrivastava(Chief Executive Officer)Manny Setegn(Cofounder)inManjit Singh(Vice President, Infrastructure Operations)Vineet Erasala(Vice President, Research and Development)Chandan Srivastava(Chief Financial Officer)Emmanuel Setegn(Vice President, Engineering)

Co-investorsCincyTechJobsOhio VenturesRaptor Group

Immuta provides data access and governance solutions that enable safe, instant provisioning of data at scale for humans and AI systems.

Data & InfrastructureEnterprise SoftwareAnnapolis, US

Steven Touw(Director)inMatthew Carroll(Executive Officer, Director)inMichael Schiller(Executive Officer, Director)

BoardSapan Shah(Director)

Co-investorsConversion CapitalDrive CapitalGreycroftIntel CapitalMarch Capital PartnersNightDragon+6 more

LENTECHS develops patented soft contact lens technology designed to deliver vision correction across all distances.

HealthtechMedical DevicesColumbus, US

Richard Lindstrom(Director)Robin Sears(Executive Officer, Director)inBrad Beasecker(Executive Officer, Director)inRichard Heinick(Director)Tyler Stowater(Director)

Co-investorsJobsOhio VenturesRev1 Ventures

Microtechnology solutions company combining engineering expertise with advanced materials science for healthcare and electronics

Niobium builds an encrypted cloud computing platform based on fully homomorphic encryption (FHE), keeping data encrypted while in use.

Cloud ComputingCybersecurityDeep TechDayton, US

Jorge Myszne(Executive Officer)Kevin Yoder(President & CEO)Matthew Farrell(Executive Officer)Georgios Dimou(Executive Officer)Lucas Duncan(Executive Officer)David Archer(Executive Officer, Director)

Co-investorsFusionJobsOhio VenturesSilicon CatalystMorgan Creek Capital

Mimecast provides email security, data loss prevention, cloud archiving, and human risk management products used by organizations to protect communications and data.

AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareSaaSLondon, GB

Michael Madon(Executive Officer, Director)Ranjan Singh(CEO)Peter Bauer(Founder)inTimothy Jackson(Executive Officer)Marc van Zadelhoff(CEO)

BoardAdam Fletcher(Director)

Co-investorsAccelCyber Mentor FundEquality Asset ManagementFloodgateGlilot Capital PartnersJobsOhio Ventures+5 more

RealTime provides software systems for managing the research and business operations of clinical trials, including a CTMS, eRegulatory, eSource, eConsent, and payment tools.

Digital HealthHealthtechSaaS

Rick Greenfield(Founder & Chief Strategy Officer)Jeff Kozloff(Chief Executive Officer)Linda Parks(Chief Operating Officer)Kyle Cunningham(Chief Product Officer)Allan Hakky(Chief Technology Officer)

S4 Medical develops the esolution device, a technology intended to protect the esophagus from ablation energy during cardiac ablation procedures.

HealthtechMedical Devices

Bill Fuller(CEO and Co-founder)inEmile Daoud(Co-founder, Chief Medical Officer, and Co-inventor)

Co-investorsAngel Physicians FundJumpstart Ventures

Respiratory diagnostics company specializing in FeNO measurement technology for asthma diagnosis and management

Stirling Ultracold builds ultra-low temperature (ULT) freezers based on free-piston Stirling engine technology, offering high-density storage with lower energy consumption than conventional units.

BiotechCleantechHardwareAthens, US

Co-investorsJobsOhio Ventures

Trace is a platform for creating and publishing augmented reality experiences across retail, events, training, and real estate.

Deep TechEnterprise SoftwareSaaSColumbus, US

Martin Smith(Director)Melinda Gloriosa(Director)Gregory Tran(Executive Officer)

Co-investorsAllied Venture PartnersPortland Seed FundService Provider Capital