Alumni Ventures Group

Alumni Ventures Group is a venture capital firm based in Manchester, New Hampshire, with offices across North America. It provides access to venture investing for individual accredited investors, particularly alumni networks, by offering diversified portfolios of venture opportunities and allowing members to invest alongside fellow alumni in ventures led by peers. The firm backs early-stage and later-stage opportunities across technology, consumer, healthcare, financial services, and other sectors, with a sector- and geography-agnostic approach. It typically invests between $10,000 and $3 million per deal and emphasizes the involvement of alumni connections and an institutional lead investor in opportunities. Alumni Ventures also offers focused funds to broaden participation, enabling accredited investors to access venture portfolios diversified by type, sector, stage, and geography. The model aims to democratize access to venture capital while maintaining rigorous selection standards through alumni networks.

Andrew Baum

Vice President, Treasury and Capital Management

David Beazley

Managing Partner

Matthew Caspari

Managing Partner

Matt Castellini

Senior Associate

Helen Chen

CEO Services Analyst

Past deals in Pennsylvania

MD Ally

Series A in 2024
MD Ally develops a telehealth platform that integrates into emergency medical dispatch processes. It connects non-emergency callers to virtual healthcare professionals for triage, follow-up care, and social services, freeing up resources for true emergencies.

ZeroEyes

Series B in 2024
ZeroEyes, Inc. is an artificial intelligence security company based in Philadelphia, Pennsylvania, founded in 2018. The company has developed a sophisticated platform that focuses on firearm detection by analyzing over three billion images daily from security camera feeds. ZeroEyes aims to enhance safety in various environments, including schools, corporate settings, healthcare facilities, and public spaces, by providing real-time alerts to authorities in the event of potential gun-related threats. Its technology is designed to prevent and respond to active shooter incidents, improving situational awareness and reducing response times for first responders. Through its innovative solutions, ZeroEyes strives to combat mass shootings and gun-related violence, ultimately creating safer environments for individuals and communities.

Kidas

Seed Round in 2023
Founded in 2019, Kidas Inc. specializes in developing software solutions for children's online safety. Its flagship product, Kidas, monitors children's digital activities across gaming consoles and devices, alerting parents to potentially harmful interactions.

Citrine Informatics

Venture Round in 2022
Citrine Informatics, Inc. is a software company based in Redwood City, California, with an additional office in Pittsburgh, Pennsylvania, founded in 2013. It specializes in materials informatics by developing an artificial intelligence platform that aggregates extensive data on materials, chemicals, and devices. This platform leverages machine learning and data science to enhance research and development, manufacturing, and supply chain operations for organizations involved in producing physical products. By streamlining the materials development process, Citrine Informatics aims to facilitate the discovery of new materials and reduce defects early in the research phase, thus improving product growth and design. The company's focus spans various sectors, including energy, aerospace, and electronics.

Bach

Seed Round in 2022
Bach streamlines group travel coordination with its platform that enables users to discover, decide, and plan trips together. Key features include group chat, expense splitting, polling, and itinerary creation.

MD Ally

Seed Round in 2022
MD Ally develops a telehealth platform that integrates into emergency medical dispatch processes. It connects non-emergency callers to virtual healthcare professionals for triage, follow-up care, and social services, freeing up resources for true emergencies.

Bach

Seed Round in 2021
Bach streamlines group travel coordination with its platform that enables users to discover, decide, and plan trips together. Key features include group chat, expense splitting, polling, and itinerary creation.

Houwzer

Series B in 2021
Founded in 2015, Houwzer is a real estate brokerage company that prioritizes customer service. It offers full-service, salaried agents who focus on providing exceptional service rather than earning commissions. The company's proprietary technology platform streamlines the entire home buying and selling process, saving customers time and money. Houwzer has maintained an industry-leading Net Promoter Score of 84 and an average rating of 4.9 out of 5 stars from hundreds of client reviews.

Kidas

Pre Seed Round in 2021
Founded in 2019, Kidas Inc. specializes in developing software solutions for children's online safety. Its flagship product, Kidas, monitors children's digital activities across gaming consoles and devices, alerting parents to potentially harmful interactions.

Ghost Robotics

Seed Round in 2021
Founded in 2015, Ghost Robotics specializes in developing autonomous legged robots designed for military, industrial, mining, energy, public safety, and last-mile delivery applications. Their quadrupedal unmanned ground vehicles (Q-UGVs) excel in unstructured terrain and rough environments, offering superior agility and speed compared to wheeled or tracked devices.

MD Ally

Seed Round in 2021
MD Ally develops a telehealth platform that integrates into emergency medical dispatch processes. It connects non-emergency callers to virtual healthcare professionals for triage, follow-up care, and social services, freeing up resources for true emergencies.

Citrine Informatics

Venture Round in 2020
Citrine Informatics, Inc. is a software company based in Redwood City, California, with an additional office in Pittsburgh, Pennsylvania, founded in 2013. It specializes in materials informatics by developing an artificial intelligence platform that aggregates extensive data on materials, chemicals, and devices. This platform leverages machine learning and data science to enhance research and development, manufacturing, and supply chain operations for organizations involved in producing physical products. By streamlining the materials development process, Citrine Informatics aims to facilitate the discovery of new materials and reduce defects early in the research phase, thus improving product growth and design. The company's focus spans various sectors, including energy, aerospace, and electronics.

Cornelis Networks

Series A in 2020
Cornelis Networks designs and markets high-performance networking products and purpose-built fabrics that accelerate scientific, commercial, and government workloads. Its solutions enable efficient scaling of computing, data analytics, and artificial intelligence tasks by aggregating processing power across many devices. The company serves government, academic institutions, and commercial enterprises through more than 500 global installations, helping customers achieve faster results and improved efficiency at scale.

Fifth Season

Series B in 2020
Fifth Season is a consumer technology company focused on revolutionizing indoor agriculture through automated robotics and software analytics. It operates commercial-scale indoor vertical farms that utilize proprietary robotics and artificial intelligence to cultivate leafy greens and herbs throughout the year, offering these products at competitive prices. All produce is grown without pesticides and is delivered fresh to local grocery retailers, restaurants, and consumers. The company emphasizes efficiency in its operations, employing numerous robots to manage the entire production process, from seeding and pest management to harvesting and packaging. By leveraging data analysis for optimization, Fifth Season aims to enhance labor efficiency and crop output. The company's first full-scale farm commenced operations in Braddock, Pennsylvania, and it is actively exploring additional locations in urban areas across the United States.

MD Ally

Pre Seed Round in 2020
MD Ally develops a telehealth platform that integrates into emergency medical dispatch processes. It connects non-emergency callers to virtual healthcare professionals for triage, follow-up care, and social services, freeing up resources for true emergencies.

Houwzer

Series A in 2020
Founded in 2015, Houwzer is a real estate brokerage company that prioritizes customer service. It offers full-service, salaried agents who focus on providing exceptional service rather than earning commissions. The company's proprietary technology platform streamlines the entire home buying and selling process, saving customers time and money. Houwzer has maintained an industry-leading Net Promoter Score of 84 and an average rating of 4.9 out of 5 stars from hundreds of client reviews.

Excision BioTherapeutics

Venture Round in 2019
Excision BioTherapeutics Inc. is a life science company based in Philadelphia, Pennsylvania, established in 2015. The company is dedicated to the development and commercialization of gene editing therapeutics aimed at treating life-threatening diseases caused by neurotropic viruses. Utilizing CRISPR-based technology, Excision BioTherapeutics focuses on creating advanced gene-editing medicines that can eradicate or disrupt viral genes in human patients. The company's mission is to advance these therapeutics into safe and effective treatments, significantly improving the lives of individuals affected by viral infections globally.

NeuroFlow

Series A in 2019
NeuroFlow, Inc. is a digital health company that develops a cloud-based platform designed to enhance access to behavioral health and engage patients throughout the continuum of mental healthcare. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides healthcare providers with tools for remote patient monitoring and integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform employs evidence-based practices to track, assess, and engage patients, promoting overall wellness and improving compliance with treatment. By utilizing patient-generated questionnaires and journaling, NeuroFlow enables individuals to monitor their mental health outcomes and achieve tangible progress. The company has established strategic partnerships with organizations like Smart Health Innovation Lab and Mental Health America to further its mission of improving mental health support and outcomes.

Allevi

Series A in 2019
Allevi is a pioneering company that develops innovative tools for designing and engineering 3D tissues. It specializes in desktop 3D bioprinters capable of creating functional, three-dimensional living tissues, alongside proprietary bioinks composed of collagen and hyaluronic acid. Allevi's cloud-based platform, Bioprint Online, allows users to design structures, select materials, and monitor the printing process. Its products cater to a diverse clientele, including researchers in tissue engineering, regenerative medicine, material science, and cell biology, as well as industrial and pharmaceutical companies involved in drug testing and development. Additionally, Allevi sells its bioinks online. Founded in 2014 and headquartered in Philadelphia, Pennsylvania, the company was previously known as BioBots, Inc.

Duality

Venture Round in 2019
Duality Robotics Inc. specializes in human-robot interaction and robotics simulation tools, focusing on industrial applications. Founded in 2019 and headquartered in Hayward, California, with an additional office in Pittsburgh, the company offers an autonomy simulator for digital twins and an enterprise metaverse that facilitates the generation of synthetic data at scale. By leveraging artificial intelligence-powered human testers and simulation environments, Duality enables robotics teams to efficiently test and train autonomous vehicles, including sidewalks, cars, and trucks, in a virtual setting. This approach accelerates the time-to-market for various robotics applications, making advanced simulation accessible to machine learning, robotics, and engineering teams.

Gridwise

Seed Round in 2019
Gridwise develops a mobile application for gig economy drivers, empowering them with real-time insights to maximize earnings. Its platform offers demand alerts, passenger data tracking, mileage logging, tax deduction calculation, and performance reporting.

Allevi

Venture Round in 2019
Allevi is a pioneering company that develops innovative tools for designing and engineering 3D tissues. It specializes in desktop 3D bioprinters capable of creating functional, three-dimensional living tissues, alongside proprietary bioinks composed of collagen and hyaluronic acid. Allevi's cloud-based platform, Bioprint Online, allows users to design structures, select materials, and monitor the printing process. Its products cater to a diverse clientele, including researchers in tissue engineering, regenerative medicine, material science, and cell biology, as well as industrial and pharmaceutical companies involved in drug testing and development. Additionally, Allevi sells its bioinks online. Founded in 2014 and headquartered in Philadelphia, Pennsylvania, the company was previously known as BioBots, Inc.

NeuroFlow

Venture Round in 2018
NeuroFlow, Inc. is a digital health company that develops a cloud-based platform designed to enhance access to behavioral health and engage patients throughout the continuum of mental healthcare. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides healthcare providers with tools for remote patient monitoring and integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform employs evidence-based practices to track, assess, and engage patients, promoting overall wellness and improving compliance with treatment. By utilizing patient-generated questionnaires and journaling, NeuroFlow enables individuals to monitor their mental health outcomes and achieve tangible progress. The company has established strategic partnerships with organizations like Smart Health Innovation Lab and Mental Health America to further its mission of improving mental health support and outcomes.

Kognition

Seed Round in 2018
Kognition LLC is a developer of enterprise software solutions focused on enhancing safety and security for real estate property managers and security operators. Established in 2017 and based in Philadelphia, Pennsylvania, the company leverages artificial intelligence and machine learning to create an intelligent platform that enables buildings to autonomously respond to various operational challenges, including security threats, environmental conditions, and maintenance issues. Kognition's offerings include the SuperGuard solution, which integrates live security camera footage with sensor data to identify potential risks. By connecting cameras, sensors, and smart devices into a cohesive ecosystem, Kognition aims to reduce false alarms and provide real-time alerts that address critical threats, thereby fostering safer environments across sectors such as healthcare, financial services, and commercial real estate.

Bainbridge Health

Seed Round in 2018
Bainbridge Health, Inc. is a Philadelphia-based company founded in 2016 that specializes in developing a clinical intelligence and data analytics platform aimed at enhancing medication safety in hospital settings. The company's offerings include a vendor-agnostic medication safety platform that streamlines data management, reducing the reliance on manual data clerking and ad-hoc reporting. Their solutions, designed for medication safety leaders and hospital safety professionals, include an infusion pump management software known as InfusionWare, which centralizes infusion data to improve patient safety and effectively manage pump information. By mitigating medication errors, Bainbridge Health's platform helps healthcare providers reduce avoidable costs and improve overall patient care.

Accolade

Series F in 2018
Accolade, Inc. is a technology-driven company that provides personalized health and benefits solutions designed to enhance the healthcare experience for employees and their families in the United States. Founded in 2007 and headquartered in Plymouth Meeting, Pennsylvania, Accolade offers a comprehensive platform that combines cloud-based technology with support from a team of health assistants and clinicians, including nurses and behavioral health specialists. The company's services help employers navigate the complexities of the healthcare system and workplace benefits, ultimately aiming to improve health outcomes and reduce costs. By focusing on healthcare process improvement and employee engagement, Accolade delivers tailored advocacy to meet the specific needs of its clients.

ActiveProtective

Series A in 2018
ActiveProtective is a consumer device company that produces smart garments to reduce traumatic injury using wearable airbag technology. The company's proprietary technology uses 3D motion sensors to determine the stereotypical motions and accelerations that govern the body’s normal, daily activities, in order to determine ’departures’ from what is allowable. This technique called "fall disambiguation", allows users to determine falls prior to impact, intercept hip fractures, and protect themselves from risks during sports and military sessions by deploying micro-airbag protection. ActiveProtective was founded in 2006 and is based in Allentown, Pennsylvania.

Wylei

Venture Round in 2017
Wylei Inc., established in 2013 and headquartered in Lancaster, Pennsylvania, specializes in cloud-based automated engagement technologies for digital direct marketing. The company offers an enterprise SaaS platform, Wylei Optimization Cloud, which uses advanced predictive algorithms to deliver adaptive content solutions. These solutions enhance the relevance and engagement of digital messaging across web, email, mobile, and video channels by automatically optimizing content in real-time based on contextual factors such as device type, location, weather, and time of open. The platform also provides automated A/B testing and individualized strategy execution. Wylei serves both agencies and brands, aiming to increase the effectiveness of their digital marketing campaigns.

NeuroFlow

Seed Round in 2017
NeuroFlow, Inc. is a digital health company that develops a cloud-based platform designed to enhance access to behavioral health and engage patients throughout the continuum of mental healthcare. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides healthcare providers with tools for remote patient monitoring and integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform employs evidence-based practices to track, assess, and engage patients, promoting overall wellness and improving compliance with treatment. By utilizing patient-generated questionnaires and journaling, NeuroFlow enables individuals to monitor their mental health outcomes and achieve tangible progress. The company has established strategic partnerships with organizations like Smart Health Innovation Lab and Mental Health America to further its mission of improving mental health support and outcomes.

Cognitive Operational Systems

Seed Round in 2017
Cognitive Operational Systems, LLC is an information technology company based in Philadelphia, Pennsylvania, specializing in inventory management solutions for the retail sector. Established in 2012, the company utilizes advanced robotics powered by computer vision and artificial intelligence to navigate retail environments. Its technology not only manages inventory and ensures compliance with planograms and promotions but also provides indoor localization and turn-by-turn navigation. Additionally, Cognitive Operational Systems maps retail layouts and architecture, integrating university research to develop practical industry applications in machine perception and software as a service.

Clear Ballot

Venture Round in 2015
Clear Ballot Group, Inc. is a Boston-based company founded in 2009 that specializes in developing innovative election software and hardware products. Its flagship offering, ClearVote, is a comprehensive voting system designed to enhance the speed, accuracy, and transparency of the electoral process. The system utilizes browser-based software compatible with modern operating systems and commercially available scanning hardware, allowing election officials to efficiently manage their resources. Clear Ballot made its mark in the election industry with the introduction of the first independent, automated audit in 2012, followed by a complete voting system that has rapidly gained popularity across the United States. ClearVote is federally certified and utilized in several states, including Oregon, Washington, and Pennsylvania. Additionally, the company conducts statewide post-election audits in Maryland and Vermont, as well as in various counties in Florida and New York, reinforcing its commitment to improving election integrity.

Clear Ballot

Seed Round in 2015
Clear Ballot Group, Inc. is a Boston-based company founded in 2009 that specializes in developing innovative election software and hardware products. Its flagship offering, ClearVote, is a comprehensive voting system designed to enhance the speed, accuracy, and transparency of the electoral process. The system utilizes browser-based software compatible with modern operating systems and commercially available scanning hardware, allowing election officials to efficiently manage their resources. Clear Ballot made its mark in the election industry with the introduction of the first independent, automated audit in 2012, followed by a complete voting system that has rapidly gained popularity across the United States. ClearVote is federally certified and utilized in several states, including Oregon, Washington, and Pennsylvania. Additionally, the company conducts statewide post-election audits in Maryland and Vermont, as well as in various counties in Florida and New York, reinforcing its commitment to improving election integrity.

Smart Lunches

Venture Round in 2014
Smart Lunches, Inc. is a Boston-based company that specializes in providing catering and food delivery services for children's lunches at schools, childcare centers, and summer camps across several regions, including Boston, Philadelphia, Chicago, New Jersey, Georgia, and Washington D.C. Founded in 2011, the company operates an online platform that allows parents to easily order meals for their children. Smart Lunches offers a diverse selection of hot and cold main dishes, sides, snacks, soups, and drinks, all prepared by local catering partners. The service is designed to ensure convenience and nutritional security for parents while delivering quality meals directly to schools, simplifying the lunch process for families.
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