JumpStart Ventures Announces Seven New Investments In Ohio-based Startups
By Hardik Desai
3.9 minute read
Over the past six months, JumpStart Ventures has invested in several Ohio-based tech companies, with new investment announcements coming soon. This increased momentum is not a surprise and, in many ways, validates what we already know about our region’s robust tech startup community. Northern Ohio is home to passionate and visionary founders who embody persistence, grit and deep-rooted knowledge of the industries they operate in, all crucial ingredients to building a great startup.
While Ohio-based founders have traditionally lacked access to early-stage capital, new funds and greater capital access are now emerging throughout the state, bridging funding gaps and providing new opportunities for tech startups.
JumpStart Ventures provides a continuum of stage-appropriate, early-stage capital to tech startups. Since April 2021 (when we launched new funds), JumpStart Ventures has invested in 27 new and existing portfolio companies across all our investment funds. We anticipate several new investments in the coming months as we wrap up due diligence on those companies.
We are grateful for the opportunity to augment founders’ passion with capital, services, and connections to help them go further, faster. With increased momentum, it’s also an excellent time for angel and institutional investors and corporate innovation teams to get plugged into Ohio’s startup ecosystem by partnering with JumpStart. We look forward to building on current momentum through these critical partnerships to position our region for growth and create wealth generation opportunities for founders and investors.
Learn more about the new companies joining JumpStart Ventures’ portfolio below.
BIOHM Health, one of the world’s leading microbiome companies utilizing scientific research and discovery and data-driven innovation to empower individuals to live healthier lives. The Healthcare Collaboration Fund participated in the company’s recent fundraising found.
TonDone, is a productivity platform supporting operations management for janitorial companies. Clients use the platform to manage workforce and build invoicing while frontline teams use the mobile app to efficiently complete tasks. JumpStart’s Evergreen Fund participated in the company’s recent $1.5M fundraising round, led by Valley Growth Ventures. You can read more about their investing round here.
Cleveland-based NeverEnding is a visual storytelling platform providing users with a suite of simple, intuitive tools so they can build characters, create scenes and animate stories. Creations can live on the NeverEnding platform or be posted to other digital outlets such as Twitch, TikTok or YouTube. JumpStart Ventures’ Evergreen Fund participated in their funding round.
SweatID is a consumer diagnostic company focused on removing the guesswork from proper hydration and electrolyte balance. The SweatID system analyzes sweat during exercise to help athletes enhance performance and recovery. JumpStart Ventures’ Focus Fund participated in the company’s recent funding round.
Toledo-based Guardian Medical designs, develops and manufactures terminally sterile packaging and packaging services for medical implants. Guardian Medical combines extensive plastics expertise and medical device engineering to create modern and innovative packaging solutions. JumpStart Ventures’ Focus Fund participated in their funding round.
Healthy Roster provides patient engagement, care coordination, secure communication and outreach tools for athletic trainers and sports medicine departments. Their new Virtual Injury Prevention platform helps industrial clients prevent and triage workplace injuries. JumpStart Ventures’ NEXT II Fund participated in their recent round led by Tamarind Hill Growth Ventures.
Wizest is an investing platform that aims to democratize the stock market by allowing consumers to curate a team of financial experts, making investing easy and accessible for all. JumpStart Ventures’ Evergreen Fund participated in their recent round.