Organization Aims to Deploy $70M+ into Early-stage Technology Startups by 2025
JumpStart Inc. is announcing a new division focused on the organization’s venture capital investment activity. JumpStart Ventures provides Pre-seed, Seed, and Series A funding to early-stage technology startups throughout Ohio.
JumpStart Ventures has $140M under management across four funds — Evergreen, NEXT, Focus, and the Healthcare Collaboration Fund — providing capital across stages and sectors enabling tech founders to start and scale their firms in Ohio.
Since 2005, JumpStart has invested $70M into 145+ technology startups throughout Ohio, with 82% of the startups located in Greater Cleveland. JumpStart Ventures now plans to invest $70M in new capital into startups through 2025. The organization also plans to raise additional capital, expanding current funds and creating new funds in partnership with corporations, institutions, and private sector investors.
JumpStart Ventures aims to generate financial returns while strengthening the competitiveness of Ohio’s VC ecosystem and has built a national network of more than 100 institutional VC and corporate venture partners to drive the success of early-stage companies. As one of Ohio’s most active seed-stage investors, the organization’s investment activities have generated 2.5X+ returns-to-date via nationally recognized exits.
While JumpStart Ventures considers investment across various sectors, the organization’s primary investment focus areas are business-to-business software (SaaS) and healthcare and life science technologies. While currently investing exclusively throughout Ohio, the organization is likely to invest in technology companies in neighboring states in the future. To learn more about JumpStart Ventures, visit JumpStart.VC.
About JumpStart Ventures
JumpStart Ventures is a division of JumpStart Inc. focused on venture capital investing. JumpStart Ventures deploys Pre-seed, Seed, and Series A funding to early-stage technology startups in Ohio. With four investment funds under management, they provide a continuum of capital to tech startups as they move through critical phases of development.