Advantage X

Advantage Capital is a venture capital firm founded in 1992 and based in New Orleans, Louisiana, with additional offices across the United States. The firm specializes in growth equity, lending, and mezzanine debt capital investments, primarily targeting small businesses at various stages of development, from early to later stages, excluding seed investments. Advantage Capital focuses on investing in low-income communities, both urban and rural, and supports state and local economic development initiatives. It seeks opportunities in sectors such as communication, information technology, telecommunications, business services, manufacturing, pharmaceuticals, biotechnology, life sciences, and energy, while also considering investments in rural agricultural businesses. The firm typically makes initial investments ranging from $0.5 million to $10 million in companies with sales of less than $5 million, with potential for larger investments based on milestones. Advantage Capital also provides various forms of debt capital and prefers co-investing with other firms. The firm is committed to addressing the financing needs of underserved areas and fostering economic growth in communities lacking traditional sources of risk capital.

Al Alvarez

Director

Brian Anderson

Managing Director

Anthony Billings

Senior Vice President and Investment Team Member

Bitting, Thomas H.P.

Managing Director

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Trey Garland

Senior Associate

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

Leah Hendricks

Vice President

Reid Hutchins

Managing Director

Peter Lu

Senior Associate

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director / Chief Impact Officer

Scott Murphy

Managing Director and Chief Investment Officer

Justin N. Obletz

CFO and Managing Director

Tim Perusek

Principal and Investment Group Member

Keith Pettus

Principal

Damon L. Rawie

Managing Director

Josh Rogers

Principal

Gabe Rosen

Vice President

Talmadge Singer

Managing Director

Steven T. Stull

President

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President

Benjamin T. Warning

Vice President

J.P. Lynch

Vice President

Past deals in Connecticut

Torigen Pharmaceuticals

Venture Round in 2022
Torigen Pharmaceuticals is dedicated to advancing immuno-oncology solutions for companion animals facing cancer. The company develops innovative immunotherapy treatments, notably an experimental autologous cancer vaccine that activates the immune system to target specific tumor-associated antigens. This approach allows for the detection and treatment of cancer without relying on invasive surgeries or chemotherapy, thereby improving the quality of care for animals. By leveraging years of scientific research, Torigen Pharmaceuticals aims to provide effective and less painful options for veterinary oncology, positioning itself at the forefront of cancer treatment for pets.

Cybrexa, Inc.

Series B in 2021
Cybrexa, Inc. develops DNA repair inhibitors for radio- and chemo-sensitizers in cancer therapeutics. The product consists of peptide-based technology that directly targets tumor microenvironment. Cybrexa, Inc. was formerly known as Cybrexa, Inc. The company was founded in 2016 and is based in New Haven, Connecticut.

PayVeris

Venture Round in 2020
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

PayVeris

Debt Financing in 2020
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

Bakery on Main

Debt Financing in 2020
Bakery on Main passion has always been to bring their customers delicious baked products made with clean and natural ingredients. Their goal is to make you happy while helping to clean up their food supply and provide everyone with products that can be trusted by those who need it and delicious to everyone who tries it! They hope that enjoying their products makes you as HAPPY as it make them to make them for you!

P2 Science

Series C in 2020
P2 Science, Inc. is a bio-renewable chemistry company based in Woodbridge, Connecticut, specializing in the development and production of specialty chemicals derived from renewable feedstocks, such as vegetable oils. Founded in 2009 by a team that includes Yale scientists and an experienced chemical industry executive, the company focuses on creating high-value ingredients for flavors, fragrances, cosmetics, and other applications. P2 Science aims to provide sustainable alternatives to traditional petrochemical products, catering to diverse markets, including personal care, household cleaning, agriculture, and environmental remediation. Their innovative technology enables the conversion of renewable resources into cost-effective chemical solutions, addressing the increasing demand for greener options among major users in the specialty chemicals sector. The company also maintains a laboratory in New Haven, Connecticut, to support ongoing research and partnerships throughout the supply chain.

InterGuard Software

Debt Financing in 2020
InterGuard Software, developed by Awareness Technologies, Inc., provides comprehensive endpoint security solutions designed for both home and business environments. The software enables organizations to monitor and control user activities across various devices, including Windows, Chromebooks, iOS, Android, and iPhones. As a leader in Unified Insider Threat Prevention, InterGuard offers a cloud-based or on-premises solution that is accessible and affordable for businesses of all sizes. The software includes features for data loss prevention, web filtering, and remote data recovery, helping organizations safeguard their information from internal threats. With a client base exceeding 10,000 businesses worldwide, InterGuard Software also assists companies in ensuring compliance with internal policies by delivering insights into employee behavior both on and off the network. Founded in 2000 and headquartered in Westport, Connecticut, Awareness Technologies serves diverse industries, including financial services, healthcare, government, law enforcement, and education.

IsoPlexis

Series C in 2020
IsoPlexis Corp is a life sciences company based in Branford, Connecticut, that specializes in developing a diagnostic platform designed to measure cellular immune responses in patients. Founded in 2013, the company's technology focuses on single-cell detection, allowing for the identification of diverse immune responses at the individual cell level. This platform plays a crucial role in assessing the safety and efficacy of therapeutics, as well as monitoring disease progression. By providing detailed insights into immune responses, IsoPlexis aims to enhance therapeutic development and inform clinical decision-making for healthcare professionals.

Merrill Industries

Series C in 2019
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Micro Precision

Debt Financing in 2019
Micro Precision Group, Inc. is a manufacturer of precision machined components and systems, primarily serving the U.S. Department of Defense, aerospace, nuclear, commercial, and homeland security sectors. Founded in 1981 and based in South Windham, Connecticut, with additional facilities in Maine, the company produces hydraulic accumulators, valves, actuators, manifold assemblies, periscope hoists, and weapons handling equipment. In addition to these offerings, Micro Precision also supplies precision tools, prototype aerospace parts, and various types of air horns for rail and transit applications. The company collaborates closely with its clients, ensuring that its products meet the specialized needs of defense, aerospace, and railroad industries.

CiDRA

Debt Financing in 2019
CiDRA is a technology company that specializes in developing instrumentation solutions for measurement, monitoring, and control applications across various industries, including minerals processing, concrete, oil sands, power generation, dredging, and water/wastewater. Established in 1996 and headquartered in Wallingford, Connecticut, CiDRA is recognized for its SONARtrac® flow technology, which offers a unique approach to flow measurement, particularly in challenging slurry applications. The company focuses on process optimization, providing products and services related to flow management, slurry rheology characterization, and overall plant monitoring. CiDRA serves a diverse clientele, with over 250 customers in 21 countries, and continues to expand its international presence. In 2007, CiDRA Chemical Management Inc., a subsidiary, was formed to cater specifically to the pulp, paper, and agricultural processing markets.

PayVeris

Series D in 2019
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

IsoPlexis

Series C in 2019
IsoPlexis Corp is a life sciences company based in Branford, Connecticut, that specializes in developing a diagnostic platform designed to measure cellular immune responses in patients. Founded in 2013, the company's technology focuses on single-cell detection, allowing for the identification of diverse immune responses at the individual cell level. This platform plays a crucial role in assessing the safety and efficacy of therapeutics, as well as monitoring disease progression. By providing detailed insights into immune responses, IsoPlexis aims to enhance therapeutic development and inform clinical decision-making for healthcare professionals.

P2 Science

Venture Round in 2018
P2 Science, Inc. is a bio-renewable chemistry company based in Woodbridge, Connecticut, specializing in the development and production of specialty chemicals derived from renewable feedstocks, such as vegetable oils. Founded in 2009 by a team that includes Yale scientists and an experienced chemical industry executive, the company focuses on creating high-value ingredients for flavors, fragrances, cosmetics, and other applications. P2 Science aims to provide sustainable alternatives to traditional petrochemical products, catering to diverse markets, including personal care, household cleaning, agriculture, and environmental remediation. Their innovative technology enables the conversion of renewable resources into cost-effective chemical solutions, addressing the increasing demand for greener options among major users in the specialty chemicals sector. The company also maintains a laboratory in New Haven, Connecticut, to support ongoing research and partnerships throughout the supply chain.

Habco

Debt Financing in 2018
HABCO Industries, LLC specializes in the design and manufacture of ground support and test equipment for the military and commercial aerospace sectors. Based in Glastonbury, Connecticut, the company offers a range of products, including tire inflation cages, air flow measurement systems, vacuum leakage test carts, portable leakage testers, and various maintenance cranes and accessories. Their test stands encompass equipment for industrial gas turbine components, oil flow, and pressure testing. Additionally, HABCO provides services such as maintenance, calibration, spare parts, and upgrades for existing test equipment. The company's products and services are utilized in operational, intermediate, and depot-level maintenance and repair facilities, catering to clients in the U.S. armed forces, aerospace manufacturers, industrial power generation, and medical device sectors. Founded in 1970, HABCO Industries is committed to enhancing operational readiness and safety in aerospace applications.

ModernMD Urgent Care

Debt Financing in 2018
Operator of urgent care centers intended to treat emergency cases. The company offers timely care, injury, and illness treatment and offers physicals, vaccinations, immunizations, laboratory services, and x-ray and testing services, thereby providing its patients with a convenient and affordable alternative for common health problems.

ModernMD Urgent Care

Venture Round in 2018
Operator of urgent care centers intended to treat emergency cases. The company offers timely care, injury, and illness treatment and offers physicals, vaccinations, immunizations, laboratory services, and x-ray and testing services, thereby providing its patients with a convenient and affordable alternative for common health problems.

PayVeris

Convertible Note in 2018
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

Cybrexa, Inc.

Debt Financing in 2018
Cybrexa, Inc. develops DNA repair inhibitors for radio- and chemo-sensitizers in cancer therapeutics. The product consists of peptide-based technology that directly targets tumor microenvironment. Cybrexa, Inc. was formerly known as Cybrexa, Inc. The company was founded in 2016 and is based in New Haven, Connecticut.

Cybrexa, Inc.

Series B in 2018
Cybrexa, Inc. develops DNA repair inhibitors for radio- and chemo-sensitizers in cancer therapeutics. The product consists of peptide-based technology that directly targets tumor microenvironment. Cybrexa, Inc. was formerly known as Cybrexa, Inc. The company was founded in 2016 and is based in New Haven, Connecticut.

Burke Aerospace

Debt Financing in 2017
Burke Aerospace is a manufacturing company based in Farmington, Connecticut, specializing in the aerospace and defense sectors. Established in 1963, it offers a range of services including CNC sinker electric discharge machining (EDM), wire electric discharge machining (WEDM), high-speed hole machining, airflow testing, and five-axis milling. The company focuses on producing components for turbine blades, vanes, combustor components, engine cases, and other critical parts for the aerospace and industrial gas turbine industries. Burke Aerospace is recognized for its commitment to quality and responsiveness, utilizing lean manufacturing principles to enhance efficiency and customer satisfaction. Its capabilities include quick tool changeovers and rapid reconfiguration of work cells, allowing for minimal downtime and maximized throughput.

IsoPlexis

Series B in 2017
IsoPlexis Corp is a life sciences company based in Branford, Connecticut, that specializes in developing a diagnostic platform designed to measure cellular immune responses in patients. Founded in 2013, the company's technology focuses on single-cell detection, allowing for the identification of diverse immune responses at the individual cell level. This platform plays a crucial role in assessing the safety and efficacy of therapeutics, as well as monitoring disease progression. By providing detailed insights into immune responses, IsoPlexis aims to enhance therapeutic development and inform clinical decision-making for healthcare professionals.

Fortress Risk Management

Debt Financing in 2017
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.

P2 Science

Series B in 2017
P2 Science, Inc. is a bio-renewable chemistry company based in Woodbridge, Connecticut, specializing in the development and production of specialty chemicals derived from renewable feedstocks, such as vegetable oils. Founded in 2009 by a team that includes Yale scientists and an experienced chemical industry executive, the company focuses on creating high-value ingredients for flavors, fragrances, cosmetics, and other applications. P2 Science aims to provide sustainable alternatives to traditional petrochemical products, catering to diverse markets, including personal care, household cleaning, agriculture, and environmental remediation. Their innovative technology enables the conversion of renewable resources into cost-effective chemical solutions, addressing the increasing demand for greener options among major users in the specialty chemicals sector. The company also maintains a laboratory in New Haven, Connecticut, to support ongoing research and partnerships throughout the supply chain.

Merrill Industries

Debt Financing in 2016
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Merrill Industries

Series B in 2016
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Fortress Risk Management

Series A in 2016
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.

IsoPlexis

Series B in 2016
IsoPlexis Corp is a life sciences company based in Branford, Connecticut, that specializes in developing a diagnostic platform designed to measure cellular immune responses in patients. Founded in 2013, the company's technology focuses on single-cell detection, allowing for the identification of diverse immune responses at the individual cell level. This platform plays a crucial role in assessing the safety and efficacy of therapeutics, as well as monitoring disease progression. By providing detailed insights into immune responses, IsoPlexis aims to enhance therapeutic development and inform clinical decision-making for healthcare professionals.

P2 Science

Debt Financing in 2016
P2 Science, Inc. is a bio-renewable chemistry company based in Woodbridge, Connecticut, specializing in the development and production of specialty chemicals derived from renewable feedstocks, such as vegetable oils. Founded in 2009 by a team that includes Yale scientists and an experienced chemical industry executive, the company focuses on creating high-value ingredients for flavors, fragrances, cosmetics, and other applications. P2 Science aims to provide sustainable alternatives to traditional petrochemical products, catering to diverse markets, including personal care, household cleaning, agriculture, and environmental remediation. Their innovative technology enables the conversion of renewable resources into cost-effective chemical solutions, addressing the increasing demand for greener options among major users in the specialty chemicals sector. The company also maintains a laboratory in New Haven, Connecticut, to support ongoing research and partnerships throughout the supply chain.

Burke Aerospace

Debt Financing in 2016
Burke Aerospace is a manufacturing company based in Farmington, Connecticut, specializing in the aerospace and defense sectors. Established in 1963, it offers a range of services including CNC sinker electric discharge machining (EDM), wire electric discharge machining (WEDM), high-speed hole machining, airflow testing, and five-axis milling. The company focuses on producing components for turbine blades, vanes, combustor components, engine cases, and other critical parts for the aerospace and industrial gas turbine industries. Burke Aerospace is recognized for its commitment to quality and responsiveness, utilizing lean manufacturing principles to enhance efficiency and customer satisfaction. Its capabilities include quick tool changeovers and rapid reconfiguration of work cells, allowing for minimal downtime and maximized throughput.

Fortress Risk Management

Debt Financing in 2016
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.

PayVeris

Venture Round in 2016
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

P2 Science

Convertible Note in 2016
P2 Science, Inc. is a bio-renewable chemistry company based in Woodbridge, Connecticut, specializing in the development and production of specialty chemicals derived from renewable feedstocks, such as vegetable oils. Founded in 2009 by a team that includes Yale scientists and an experienced chemical industry executive, the company focuses on creating high-value ingredients for flavors, fragrances, cosmetics, and other applications. P2 Science aims to provide sustainable alternatives to traditional petrochemical products, catering to diverse markets, including personal care, household cleaning, agriculture, and environmental remediation. Their innovative technology enables the conversion of renewable resources into cost-effective chemical solutions, addressing the increasing demand for greener options among major users in the specialty chemicals sector. The company also maintains a laboratory in New Haven, Connecticut, to support ongoing research and partnerships throughout the supply chain.

Fortress Risk Management

Convertible Note in 2016
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.

PayVeris

Series C in 2015
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

AxioMx

Venture Round in 2015
AxioMx Inc., founded in 2012 and based in Branford, Connecticut, specializes in the discovery, development, and production of recombinant antibodies. The company provides a comprehensive array of custom antibody services to researchers in diagnostics, pharmaceuticals, biotechnology, and academia. Its offerings include antigen design, antibody optimization, and production services, utilizing proprietary phage display libraries and affinity maturation methods. AxioMx develops synthetic affinity reagents, which are fragments of monoclonal antibodies designed to bind specifically to target proteins, facilitating research and diagnostic applications. The company also provides advanced services, such as conversions between antibody formats and enhancements to binding affinities, further supporting the needs of life science researchers. AxioMx operates as a subsidiary of Abcam Plc.

NovaTract Surgical

Debt Financing in 2015
NovaTract Surgical, Inc. is a medical device company focused on enhancing minimally invasive surgical practices. Founded in 2010 and based in Connecticut, the company develops innovative solutions such as NovaGrasp, a single-use laparoscopic grasper for tissue and organ retraction, and NovaTract, a dynamic retractor for various minimally invasive surgeries, including colorectal, urologic, gynecologic, and robotic-assisted procedures. NovaTract Surgical aims to address the growing fields of single-incision laparoscopic surgery and natural orifice transluminal endoscopic surgery, providing advanced tools to improve surgical outcomes for healthcare institutions and surgeons.

Fortress Risk Management

Debt Financing in 2014
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.

PayVeris

Convertible Note in 2014
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

C&M Corporation

Debt Financing in 2014
C&M Corporation specializes in the design and manufacturing of standard and custom cable products, including a diverse range of wires and cables, tray cables, industrial Ethernet cables, and specialized solutions for electric vehicles. Founded in 1964 and headquartered in Dayville, Connecticut, the company operates manufacturing facilities in Mexico and China. C&M Corporation serves various industries, including industrial, medical, military, and renewable energy sectors, providing products such as cable assemblies and over molded cable assemblies. The company emphasizes lean manufacturing processes and cycle time reduction to offer competitively priced products while maintaining compliance with RoHS standards. In 2017, C&M Corporation became a subsidiary of Winchester Electronics Corporation.

Capewell Aerial Systems

Debt Financing in 2014
Capewell Aerial Systems LLC is a manufacturer of engineered products focused on aerial delivery, life support, and tactical gear for military, law enforcement, and humanitarian organizations globally. Founded in 1881 and based in South Windsor, Connecticut, with an additional office in Virginia, the company specializes in designing and producing a range of products including parachute hardware, survival vests, flotation devices, and tactical vests. Capewell also offers emergency descent devices for aircraft crew safety, canine tactical gear for military and law enforcement dogs, and precision timing devices for various applications. The company is known for its ability to conceive, engineer, prototype, manufacture, and field test products that perform reliably in critical situations, catering to the needs of agencies such as the U.S. Coast Guard, National Guard, and airborne law enforcement. Capewell Aerial Systems operates as a subsidiary of Capewell Components Company, LLC.

Capewell Aerial Systems

Venture Round in 2014
Capewell Aerial Systems LLC is a manufacturer of engineered products focused on aerial delivery, life support, and tactical gear for military, law enforcement, and humanitarian organizations globally. Founded in 1881 and based in South Windsor, Connecticut, with an additional office in Virginia, the company specializes in designing and producing a range of products including parachute hardware, survival vests, flotation devices, and tactical vests. Capewell also offers emergency descent devices for aircraft crew safety, canine tactical gear for military and law enforcement dogs, and precision timing devices for various applications. The company is known for its ability to conceive, engineer, prototype, manufacture, and field test products that perform reliably in critical situations, catering to the needs of agencies such as the U.S. Coast Guard, National Guard, and airborne law enforcement. Capewell Aerial Systems operates as a subsidiary of Capewell Components Company, LLC.

New Haven Pharmaceuticals

Debt Financing in 2013
New Haven Pharmaceuticals (NHP) is a specialty pharmaceuticals company developing proprietary prescription pharmaceuticals that utilize currently marketed drugs or generally recognized as safe (GRAS) active pharmaceutical ingredients (APIs) for use in therapeutic applications that represent significant market opportunities. The company's novel product pipeline employs proprietary, oral, controlled-release technologies, as well as intellectual property licensed from Yale University, which will enable optimal dosing, safety, efficacy and patient convenience.

Fortress Risk Management

Venture Round in 2013
Fortress Risk Management, LLC specializes in cloud-based enterprise risk management solutions tailored for the banking and credit union sectors. Established in 2009 and located in Wethersfield, Connecticut, the company focuses on providing tools that enhance transaction monitoring, behavior analysis, and alerting services to combat fraud in financial institutions. Its offerings support clients in various critical areas, including enterprise fraud and risk management, regulatory compliance, and dispute processing. Fortress Risk Management's Rampart Intelligence Platform features modules designed to address specific risks, such as anti-money laundering and payment fraud, thereby enabling financial institutions to optimize their risk management practices, reduce overhead costs, and mitigate reputational damage arising from fraudulent activities.

LiveClips

Funding Round in 2013
LiveClips is an innovator and leader in the development and delivery of video content from live sporting events to any Internet-enabled device. LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips and highlights, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement by creating instant in-game clips that users can filter by team, player and kind of play.

Precipio

Series B in 2013
Precipio is a cancer diagnostics reference laboratory, delivering the latest in advanced diagnostics and personalized medicine. Our goal is to assist oncologists in providing the best care for their patients. At the intersection of academia, cancer research, and diagnostics, we connect physicians with world-renown pathologists at the Yale School of Medicine. At Precipio, our customers and their patients benefit from the most accurate, expert diagnosis.

LiveClips

Venture Round in 2013
LiveClips is an innovator and leader in the development and delivery of video content from live sporting events to any Internet-enabled device. LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips and highlights, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement by creating instant in-game clips that users can filter by team, player and kind of play.

PayVeris

Venture Round in 2013
Payveris, LLC operates a cloud-based digital payment and money transfer platform designed for financial institutions and their partners. The platform facilitates consumer and business bill payments, person-to-person (P2P) transactions, and account-to-account transfers between various financial institutions. It offers services such as an integrated fraud prevention solution called PayWatch, which monitors transactions for potential fraud, and PayItNow, which connects financial institutions, merchants, and consumers within the payments ecosystem. Founded in 2011 and based in Cromwell, Connecticut, Payveris aims to enhance digital money movement capabilities while reducing operational costs and improving user experience. The company has established strategic partnerships with Kony, Inc. and Corelation to expand its offerings and reach.

City Carting & Recycling

Debt Financing in 2013
City Carting & Recycling is a waste management company based in Stamford, Connecticut, that offers comprehensive residential and commercial garbage collection and recycling services in Fairfield County, Connecticut, and Westchester County, New York. Established in 1976, the company serves over 11,000 customers, providing curbside trash pickup, refuse and recycling collection, and dumpster rentals. City Carting also specializes in demolition services and offers compactor services for waste and recyclables. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the general public, municipalities, and other haulers. Additionally, City Carting is experienced in providing services compliant with Leadership in Energy and Environmental Design (LEED) standards, catering to a growing clientele. The firm is a subsidiary of Tunnel Hill Partners, L.P.

Habco

Debt Financing in 2012
HABCO Industries, LLC specializes in the design and manufacture of ground support and test equipment for the military and commercial aerospace sectors. Based in Glastonbury, Connecticut, the company offers a range of products, including tire inflation cages, air flow measurement systems, vacuum leakage test carts, portable leakage testers, and various maintenance cranes and accessories. Their test stands encompass equipment for industrial gas turbine components, oil flow, and pressure testing. Additionally, HABCO provides services such as maintenance, calibration, spare parts, and upgrades for existing test equipment. The company's products and services are utilized in operational, intermediate, and depot-level maintenance and repair facilities, catering to clients in the U.S. armed forces, aerospace manufacturers, industrial power generation, and medical device sectors. Founded in 1970, HABCO Industries is committed to enhancing operational readiness and safety in aerospace applications.

City Carting & Recycling

Venture Round in 2012
City Carting & Recycling is a waste management company based in Stamford, Connecticut, that offers comprehensive residential and commercial garbage collection and recycling services in Fairfield County, Connecticut, and Westchester County, New York. Established in 1976, the company serves over 11,000 customers, providing curbside trash pickup, refuse and recycling collection, and dumpster rentals. City Carting also specializes in demolition services and offers compactor services for waste and recyclables. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the general public, municipalities, and other haulers. Additionally, City Carting is experienced in providing services compliant with Leadership in Energy and Environmental Design (LEED) standards, catering to a growing clientele. The firm is a subsidiary of Tunnel Hill Partners, L.P.

Merrill Industries

Debt Financing in 2012
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Merrill Industries

Series A in 2012
Merrill Industries develops packaging and warehousing solutions with the use of corrugated cartons, foam inserts, and wood products. It manufactures in-house with reasonable volume runs, warehouse programs, and innovative design services available. The company was established in 1973 in Ellington, Connecticut.

Habco

Convertible Note in 2012
HABCO Industries, LLC specializes in the design and manufacture of ground support and test equipment for the military and commercial aerospace sectors. Based in Glastonbury, Connecticut, the company offers a range of products, including tire inflation cages, air flow measurement systems, vacuum leakage test carts, portable leakage testers, and various maintenance cranes and accessories. Their test stands encompass equipment for industrial gas turbine components, oil flow, and pressure testing. Additionally, HABCO provides services such as maintenance, calibration, spare parts, and upgrades for existing test equipment. The company's products and services are utilized in operational, intermediate, and depot-level maintenance and repair facilities, catering to clients in the U.S. armed forces, aerospace manufacturers, industrial power generation, and medical device sectors. Founded in 1970, HABCO Industries is committed to enhancing operational readiness and safety in aerospace applications.

Habco

Venture Round in 2012
HABCO Industries, LLC specializes in the design and manufacture of ground support and test equipment for the military and commercial aerospace sectors. Based in Glastonbury, Connecticut, the company offers a range of products, including tire inflation cages, air flow measurement systems, vacuum leakage test carts, portable leakage testers, and various maintenance cranes and accessories. Their test stands encompass equipment for industrial gas turbine components, oil flow, and pressure testing. Additionally, HABCO provides services such as maintenance, calibration, spare parts, and upgrades for existing test equipment. The company's products and services are utilized in operational, intermediate, and depot-level maintenance and repair facilities, catering to clients in the U.S. armed forces, aerospace manufacturers, industrial power generation, and medical device sectors. Founded in 1970, HABCO Industries is committed to enhancing operational readiness and safety in aerospace applications.

City Carting & Recycling

Series A in 2012
City Carting & Recycling is a waste management company based in Stamford, Connecticut, that offers comprehensive residential and commercial garbage collection and recycling services in Fairfield County, Connecticut, and Westchester County, New York. Established in 1976, the company serves over 11,000 customers, providing curbside trash pickup, refuse and recycling collection, and dumpster rentals. City Carting also specializes in demolition services and offers compactor services for waste and recyclables. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the general public, municipalities, and other haulers. Additionally, City Carting is experienced in providing services compliant with Leadership in Energy and Environmental Design (LEED) standards, catering to a growing clientele. The firm is a subsidiary of Tunnel Hill Partners, L.P.

New Haven Pharmaceuticals

Series A in 2012
New Haven Pharmaceuticals (NHP) is a specialty pharmaceuticals company developing proprietary prescription pharmaceuticals that utilize currently marketed drugs or generally recognized as safe (GRAS) active pharmaceutical ingredients (APIs) for use in therapeutic applications that represent significant market opportunities. The company's novel product pipeline employs proprietary, oral, controlled-release technologies, as well as intellectual property licensed from Yale University, which will enable optimal dosing, safety, efficacy and patient convenience.

New Haven Pharmaceuticals

Venture Round in 2012
New Haven Pharmaceuticals (NHP) is a specialty pharmaceuticals company developing proprietary prescription pharmaceuticals that utilize currently marketed drugs or generally recognized as safe (GRAS) active pharmaceutical ingredients (APIs) for use in therapeutic applications that represent significant market opportunities. The company's novel product pipeline employs proprietary, oral, controlled-release technologies, as well as intellectual property licensed from Yale University, which will enable optimal dosing, safety, efficacy and patient convenience.

SRS

Debt Financing in 2012
SRS partners with state and local governments to administer C-PACE programs via its proprietary tech platform, PACEworx.

NovaTract Surgical

Series A in 2012
NovaTract Surgical, Inc. is a medical device company focused on enhancing minimally invasive surgical practices. Founded in 2010 and based in Connecticut, the company develops innovative solutions such as NovaGrasp, a single-use laparoscopic grasper for tissue and organ retraction, and NovaTract, a dynamic retractor for various minimally invasive surgeries, including colorectal, urologic, gynecologic, and robotic-assisted procedures. NovaTract Surgical aims to address the growing fields of single-incision laparoscopic surgery and natural orifice transluminal endoscopic surgery, providing advanced tools to improve surgical outcomes for healthcare institutions and surgeons.
Accelerated Orthopedic Technologies, Inc., based in Guilford, Connecticut, specializes in developing proprietary instruments designed to treat articular cartilage defects. The company offers custom-sized tools that match the topography required for effective cartilage grafting. Founded in 2009 and originally known as Advanced Orthopedic Technologies, the company rebranded in February 2010. Its innovative approach aims to improve outcomes in orthopedic procedures by providing tailored solutions for cartilage repair.

NovaTract Surgical

Venture Round in 2012
NovaTract Surgical, Inc. is a medical device company focused on enhancing minimally invasive surgical practices. Founded in 2010 and based in Connecticut, the company develops innovative solutions such as NovaGrasp, a single-use laparoscopic grasper for tissue and organ retraction, and NovaTract, a dynamic retractor for various minimally invasive surgeries, including colorectal, urologic, gynecologic, and robotic-assisted procedures. NovaTract Surgical aims to address the growing fields of single-incision laparoscopic surgery and natural orifice transluminal endoscopic surgery, providing advanced tools to improve surgical outcomes for healthcare institutions and surgeons.

Environmental Energy Services

Debt Financing in 2012
Environmental Energy Services, Inc. is a clean energy company specializing in innovative chemistry and engineering to enhance energy efficiency and control air pollution. The company offers a range of solutions including combustion enhancement, emissions reduction, and water treatment technologies targeted at energy facilities globally. Key products include CoalTreat, which improves heat transfer efficiency and addresses issues like slagging and fouling, and AddChem, a custom suite of additives designed to mitigate corrosion in biomass-fired boilers. Additionally, Environmental Energy Services provides KLeeNwater for comprehensive water management, along with advanced NOx control technologies such as Selective Non-Catalytic Reduction and Selective Catalytic Reduction systems. The company also offers KLeeNscrub/KLeeN-Ox, a suite of solutions for mercury capture in flue gas desulfurization systems. Founded in 1992 and based in Sandy Hook, Connecticut, Environmental Energy Services serves utility and power plants through a network of trained sales professionals and field service technicians both in North America and internationally.

City Carting & Recycling

Debt Financing in 2012
City Carting & Recycling is a waste management company based in Stamford, Connecticut, that offers comprehensive residential and commercial garbage collection and recycling services in Fairfield County, Connecticut, and Westchester County, New York. Established in 1976, the company serves over 11,000 customers, providing curbside trash pickup, refuse and recycling collection, and dumpster rentals. City Carting also specializes in demolition services and offers compactor services for waste and recyclables. The company operates volume reduction and recycling facilities in Stamford, Milford, Norwalk, and Somers, which are accessible to the general public, municipalities, and other haulers. Additionally, City Carting is experienced in providing services compliant with Leadership in Energy and Environmental Design (LEED) standards, catering to a growing clientele. The firm is a subsidiary of Tunnel Hill Partners, L.P.

LiveClips

Venture Round in 2012
LiveClips is an innovator and leader in the development and delivery of video content from live sporting events to any Internet-enabled device. LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips and highlights, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement by creating instant in-game clips that users can filter by team, player and kind of play.

Greenleaf Biofuels

Debt Financing in 2012
Greenleaf Biofuels is a limited liability company formed in 2004 to bring renewable energy alternatives to Americans who value preserving our natural environment and strengthening our energy security. The Company was one of the first wholesale and retail distributors of biodiesel in New England, and is now developing a regional biodiesel manufacturing facility in New Haven, CT – the largest tank farm port between New York and Boston.

LiveClips

Debt Financing in 2011
LiveClips is an innovator and leader in the development and delivery of video content from live sporting events to any Internet-enabled device. LiveClips is a game-changer. Its advanced technology automates the previously time- and labor-intensive processes of creating game clips and highlights, enabling broadcasters and rights holders to dramatically increase the efficiency of their sports coverage. LiveClips is also pioneering a new era of mobile engagement by creating instant in-game clips that users can filter by team, player and kind of play.

LiQuifix

Venture Round in 2011
LiquiFix Inc. specializes in manufacturing and supplying lubricants, biodegradable degreasers, and cleaners suitable for both household and industrial applications. The company's diverse product range is designed for use in various settings, including kitchens, garages, vehicles, and recreational equipment, catering to a wide array of customers such as households, schools, and manufacturing facilities. LiquiFix emphasizes the use of green chemistry in its formulations, resulting in non-toxic, high-performance products that prioritize safety for users, pets, and the environment. The company markets its offerings through retail stores and online platforms, serving both domestic and international markets. Established in 2010, LiquiFix is headquartered in Stamford, Connecticut.

Numet Machining Techniques

Debt Financing in 2011
Numet Machining Techniques specializes in the manufacturing of precision-engineered components for aerospace jet turbine engines. The company focuses on producing complex geometries and close-tolerance components using exotic alloys, catering primarily to the aerospace, defense, and power generation sectors. Numet supplies critical components for leading aerospace engine platforms such as GTF, F135, PW4000, and LEAP. Its prominent customers include major industry players such as Pratt & Whitney, GE Aviation, and the U.S. Department of Defense, reflecting its significant role in the aerospace supply chain.

SRS

Debt Financing in 2011
SRS partners with state and local governments to administer C-PACE programs via its proprietary tech platform, PACEworx.

SRS

Seed Round in 2011
SRS partners with state and local governments to administer C-PACE programs via its proprietary tech platform, PACEworx.

The Green Life Guides

Private Equity Round in 2011
The Green Life Guides, LLC operates an online site for wedding ideas, products, and services. Its products and services include business cards, live events, food and flowers, and service directory for vendors; products and gifts for weddings, bar mitzvahs, and holidays; living room furniture; table linens and flatware; appliances and electronics, baking, cleaning supplies, cookware, and cutting boards; baskets, rugs, candles and candle holders, centerpieces, curtains, and hardware; organization and storage products; blankets, quilts, duvets, sheets, mattresses, pillows, and accents; towels, bathroom accessories, rugs and mats, shower curtains, and personal care and beauty products; garden accessories, composters, and plants and seeds; and dog and cat supplies. The company was founded in 2007 and is based in New Haven, Connecticut.

XLerant

Debt Financing in 2011
XLerant, Inc. specializes in providing cloud-based budgeting, forecasting, and reporting software tailored for finance teams and budget managers. Its primary product, BudgetPak, features a user-friendly interface that guides users with plain English prompts, facilitating the budgeting process for non-financial managers. The software supports various sectors, including non-profit organizations, educational institutions, technology providers, and the transportation industry, among others. Founded in 2004 and headquartered in Stamford, Connecticut, XLerant also offers implementation support, user training, and ongoing assistance to enhance the budgeting experience. As of 2018, XLerant operates as a subsidiary of Jonas Operating Group.

Floop

Seed Round in 2011
Floop, Inc. operates as a mobile application that offers real time graphical interface. The company was incorporated in 2010 and is based in Woodbridge, Connecticut.

NovaTract Surgical

Seed Round in 2011
NovaTract Surgical, Inc. is a medical device company focused on enhancing minimally invasive surgical practices. Founded in 2010 and based in Connecticut, the company develops innovative solutions such as NovaGrasp, a single-use laparoscopic grasper for tissue and organ retraction, and NovaTract, a dynamic retractor for various minimally invasive surgeries, including colorectal, urologic, gynecologic, and robotic-assisted procedures. NovaTract Surgical aims to address the growing fields of single-incision laparoscopic surgery and natural orifice transluminal endoscopic surgery, providing advanced tools to improve surgical outcomes for healthcare institutions and surgeons.

Greenleaf Biofuels

Debt Financing in 2011
Greenleaf Biofuels is a limited liability company formed in 2004 to bring renewable energy alternatives to Americans who value preserving our natural environment and strengthening our energy security. The Company was one of the first wholesale and retail distributors of biodiesel in New England, and is now developing a regional biodiesel manufacturing facility in New Haven, CT – the largest tank farm port between New York and Boston.

The Green Life Guides

Debt Financing in 2011
The Green Life Guides, LLC operates an online site for wedding ideas, products, and services. Its products and services include business cards, live events, food and flowers, and service directory for vendors; products and gifts for weddings, bar mitzvahs, and holidays; living room furniture; table linens and flatware; appliances and electronics, baking, cleaning supplies, cookware, and cutting boards; baskets, rugs, candles and candle holders, centerpieces, curtains, and hardware; organization and storage products; blankets, quilts, duvets, sheets, mattresses, pillows, and accents; towels, bathroom accessories, rugs and mats, shower curtains, and personal care and beauty products; garden accessories, composters, and plants and seeds; and dog and cat supplies. The company was founded in 2007 and is based in New Haven, Connecticut.
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