JumpStart Ventures Hits A New Milestone In 2023 With 100 Active Portfolio Companies

By Hardik Desai

4 minute read

In 2023, JumpStart Ventures set a new record, surpassing 100 active companies and investing over $12.5M in 30+ companies in our portfolio. These milestones are a testament to our unwavering commitment to fostering growth and innovation across Ohio. We are excited to partner with these startups as they strive to grow and make a positive impact in their respective industries.

This year has been challenging for venture-backed tech startups due to significant changes in macroeconomic conditions. Startup founders are finding it tougher to secure funding from VCs, and investors have become more selective and cautious. The current state of the VC market signals a period of transition and recalibration. Both investors and founders must approach this landscape with strategic prudence, adaptability and a focus on sustainable, impactful growth. Moving forward, the ability to adapt to these changing dynamics will determine the success of startups and the vitality of the venture capital ecosystem in the coming years.

We have invested in over thirty technology startups this year based on our belief in the determination of Midwest entrepreneurs and their keen understanding of the market. These disruptive startups are revolutionizing various sectors by introducing innovative solutions to enhance customer experiences.

With over $140M under management across four funds, we invest across stages and sectors to ensure founding teams can access the capital they need to move forward and achieve their goals.

Learn more about select companies in JumpStart Ventures’ portfolio below.



Abre is K-12 modern education data platform featuring full interoperability, tailored experiences and data-as-a-service. Developed by two educators, this all-in-one solution connects students, families, staff and community partners to improve student success while saving money.


Augment Therapy

Augment Therapy® is an award-winning digital health company that engages people of all ages and abilities in immersive, gamified exercise from hospital to home. The company’s applications include ARWell PRO, intended for healthcare providers and their patients, and ARWell, for general wellness exercise with no prescription required.



Invirsa Inc. is a clinical-stage pharmaceutical company focused on developing an innovative topically administered eyedrop formulation, INV-102, for ocular conditions associated with DNA damage. Invirsa’s lead compound (INV-102), quickly and predictably augments the body’s response to DNA damage, improving cell stability at the critical moment.



BIOHM is one of the world’s leading microbiome companies utilizing microbiome data to create powerful new products and ingredients to help individuals live healthier lives.



Nymbl Systems is an electronic health records and practice management platform designed to improve productivity, proficiency and profits for orthotic and prosthetic providers. The company’s platform helps to create an integrated, rules-based system that eliminates double or triple data entry, saving each practitioner time while generating insurance claims, managing patient records and appointments, reducing rejection rates and cash cycle on cloud servers, enabling companies to increase operational efficiency, accessibility and security.



Tranztec is a premier provider of technology, networking, application development, software and support solutions for companies of all sizes and in all industries nationwide. The company can assume the role of advisor, system designer, support resource or the management of your entire technology infrastructure.



Thrivable is a market research and software company that helps businesses understand their customers and develop winning strategies. With a dedication to relentlessly seeking insights that yield patient-centered solutions, Thrivable helps transform lives and uncover hidden truths.



Xploro is an award-winning and clinically validated health information platform that uses augmented reality, gameplay and artificial intelligence to deliver health information to young patients, in a way that makes them feel empowered, engaged and informed, whilst having fun at the same time.

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About the Author: Hardik Desai

Hardik connects early-stage technology companies with entrepreneurial resources in Northeast Ohio and performs due diligence on companies seeking capital from funds managed by JumpStart.