VC  Jumpstart

http://www.jumpstartinc.org





     Office Locations:

6701 Carnegie Ave. Suite 100
Cleveland, OH 44103
Phone: 216-363-3400
Fax: 216-363-3401

 

Stages:

  • Early


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device

  •  

    Description:

    JumpStart is a nationally recognized venture development organization that accelerates the progress of high potential, early-stage businesses to create a more prosperous future for Northeast Ohio. JumpStart, a non-profit organization, was formed in 2004 by a collaboration between NorTech (the Northeast Ohio Technology Coalition) and Case Western Reserve University. It was created to combine the efforts of four of the region's entrepreneurial service organizations to support the continued emergence of Northeast Ohio's innovative economy. Among several programs, JumpStart Ventures invests in and assists innovative, early-stage Northeast Ohio companies that have the potential to generate $30-$50 million in revenues in five to seven years. Early-stage investment from JumpStart starts at $250K and ranges up to a total of $600K. JumpStart is committed to investing in companies led by women and minority entrepreneurs, companies in varying stages of growth (though most are in the imagining or incubating stages and all must have less than $5 million in revenues), companies working in multiple industries, and companies located in varying counties within Northeast Ohio. Jumpstart has invested more than $21 million in its 56 portfolio companies. These companies have leveraged the investments eight times over, raising an additional $167 million in follow-on risk capital.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Caroline Taich Senior Partner
    Cathy Belk Chief Operating Officer
    Jerry Frantz Managing Venture Partner
    Michael Jeans Senior Partner
    Ray Leach Chief Executive Officer

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/14/2021


      Aware


      OH


      $60,000,000


      Series C


      09/01/2021


      Renalis


      OH


      $824,000


      Pre-Seed


      06/10/2021


      Thrivable


      OH


      $1,700,000


      


     

    Portfolio companies include:


      7signal


      ADAP Nanotech
        web link


      Aware
        web link


      Axuall
        web link


      Big River
        web link


      BoxCast


      BucketFeet
        web link


      Casentric
        web link


      eFuneral
        web link


      GenomOncology


      Milo Biotechnology
        web link


      Neuros Medical
        web link


      OrthoData
        web link


      Renalis
        web link


      Sotera Medical
        web link


      StearClear
        web link


      Thrivable
        web link


      TPA Stream
        web link


     

    Recent News: