Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.
Senior Associate, Seed Fund and Doctors Innovate Fund
Drew Wandzilak
Senior Associate, Green D and Yard and Strategic Tech Fund
Sarah Worden
Venture Scout
Ray Wu
Managing Partner-Web3 / Blockchain Fund
Michael Yuann
Director of Investment Operations
Past deals in Telecommunications
Sawmills
Seed Round in 2025
Sawmills is a technology company that specializes in AI-driven telemetry data management. Its platform, designed for enterprises, processes and monitors data from engineering teams, enhancing reliability and quality. By identifying cost reduction opportunities and improving critical monitoring capabilities, Sawmills helps businesses manage their telemetry data efficiently and securely.
MD Ally
Series A in 2024
MD Ally, Inc. is a company focused on enhancing telemedicine services, specifically within the realm of emergency medical services. Incorporated in 2020 and based in Philadelphia, Pennsylvania, the company has developed a triage solution that addresses non-emergency care gaps. Its platform streamlines access between public safety practitioners and healthcare providers, enabling the triage of non-life-threatening medical concerns through telehealth. This allows patients to receive virtual medical and behavioral healthcare, in-network follow-up care, alternative transportation, and social services without the need for costly emergency service dispatch. By integrating telemedicine into the emergency medical dispatch process, MD Ally aims to provide efficient and effective care solutions for both patients and EMS providers.
Sawmills
Seed Round in 2024
Sawmills is a technology company that specializes in AI-driven telemetry data management. Its platform, designed for enterprises, processes and monitors data from engineering teams, enhancing reliability and quality. By identifying cost reduction opportunities and improving critical monitoring capabilities, Sawmills helps businesses manage their telemetry data efficiently and securely.
Picogrid
Seed Round in 2024
Picogrid is a technology company that specializes in developing a field intelligence platform aimed at enhancing the monitoring and management of remote locations. The platform integrates satellite-based broadband terminals equipped with sensors and cameras, allowing for deployment in various environments. This technology facilitates unlimited satellite broadband connectivity and can be linked to existing sensors, cameras, and SCADA equipment, offering enterprises and government organizations comprehensive insights and real-time alerts. By providing continuous visibility into remote areas, Picogrid enables users to effectively digitize and oversee their operations, improving decision-making and operational efficiency.
HawkEye 360
Series D in 2023
HawkEye 360, Inc. is a data analytics company specializing in radio frequency (RF) mapping through its commercial satellite constellation. Founded in 2015 and headquartered in Herndon, Virginia, the company focuses on identifying, processing, and geolocating a wide range of RF signals. Its offerings include maritime domain awareness and spectrum mapping and monitoring, which are crucial for tracking global transportation networks and supporting emergency response efforts. By leveraging satellite tracking technology, HawkEye 360 provides clients in sectors such as maritime, intelligence, and telecommunications with analytical products designed to address complex challenges. The company has established a strategic partnership with Ursa to enhance its capabilities in RF data analytics.
REALLY
Seed Round in 2023
REALLY is a pioneering company that offers the world's first fully encrypted and privacy-focused phone service. Combining a people-powered network with access to America's largest 5G infrastructure, REALLY aims to provide users with enhanced security, privacy, speed, and extensive coverage. Founded by Adam Lyons, the company has garnered significant financial backing, marking one of the largest seed funding rounds in U.S. telecommunications history. In addition to its wireless service, REALLY features a phone plan comparison tool, allowing users to efficiently evaluate different mobile plans across various providers. Through its innovative platform, REALLY strives to deliver safer and more secure connectivity for individuals.
Brave Health
Series C in 2022
Brave Health operates a virtual clinic that provides telehealth services focused on mental health and addiction treatment. Established in 2017 in Miami, Florida, the company specializes in behavioral health, offering a range of services including counseling, therapy, psychiatry, and medication management, which encompasses medication-assisted treatment. This telehealth approach allows patients to receive comprehensive care for various conditions related to mental health and substance use disorders, facilitating greater access to necessary treatment.
Finwave Semiconductor
Venture Round in 2022
Finwave Semiconductor specializes in the development of advanced gallium nitride (GaN) transistors and integrated circuits (ICs) tailored for 5G communications and power conversion applications. The company utilizes a unique 3DGaN technology, specifically its differentiated fin field-effect transistor (FinFET) design, to enhance the performance of high-volume applications such as radio frequency front end (RFFE) systems for mobile devices. This innovative approach allows Finwave to create semiconductor materials with distinct properties, contributing to advancements in electronics and energy management.
MD Ally
Seed Round in 2022
MD Ally, Inc. is a company focused on enhancing telemedicine services, specifically within the realm of emergency medical services. Incorporated in 2020 and based in Philadelphia, Pennsylvania, the company has developed a triage solution that addresses non-emergency care gaps. Its platform streamlines access between public safety practitioners and healthcare providers, enabling the triage of non-life-threatening medical concerns through telehealth. This allows patients to receive virtual medical and behavioral healthcare, in-network follow-up care, alternative transportation, and social services without the need for costly emergency service dispatch. By integrating telemedicine into the emergency medical dispatch process, MD Ally aims to provide efficient and effective care solutions for both patients and EMS providers.
Legion Health
Seed Round in 2022
Legion Health specializes in telepsychiatry services aimed at improving access to mental health care. The company utilizes technology to facilitate efficient interactions between patients and highly-vetted providers, ensuring that services are covered by insurance. By offering AI-enabled psychiatric care, Legion Health allows healthcare organizations to expand their mental health offerings quickly, connecting patients to the necessary resources while alleviating administrative burdens for clinicians. The focus is on delivering personalized treatment plans and fostering collaboration among care team members to support comprehensive mental wellness.
Hedron
Series A in 2021
Hedron is focused on developing a network of data relay satellites that facilitate real-time communication between Earth and space. Their modular and scalable system employs a hybrid RF-optical communication approach, providing connectivity for low-Earth orbit satellites. Hedron's imaging satellites generate valuable data that address critical global challenges, including food and water security, climate change monitoring, and disaster mitigation. By offering a series of data relay nodes, the company enables clients to optimize the global economy and enhance understanding of the planet, paving the way for innovation and improved insights in various sectors.
MD Ally
Seed Round in 2021
MD Ally, Inc. is a company focused on enhancing telemedicine services, specifically within the realm of emergency medical services. Incorporated in 2020 and based in Philadelphia, Pennsylvania, the company has developed a triage solution that addresses non-emergency care gaps. Its platform streamlines access between public safety practitioners and healthcare providers, enabling the triage of non-life-threatening medical concerns through telehealth. This allows patients to receive virtual medical and behavioral healthcare, in-network follow-up care, alternative transportation, and social services without the need for costly emergency service dispatch. By integrating telemedicine into the emergency medical dispatch process, MD Ally aims to provide efficient and effective care solutions for both patients and EMS providers.
Ayar Labs
Venture Round in 2020
Ayar Labs, Inc. specializes in the development of optical interconnect technology, focusing on high-density electronic-photonic chiplets and lasers designed to enhance data transmission capabilities. Its flagship product, TeraPHY, is a monolithic in-package optical I/O solution that enables high bandwidth, low latency, and power-efficient short-reach interconnects, making it suitable for applications in artificial intelligence, high-performance computing, cloud computing, telecommunications, and aerospace. The company's innovative approach leverages industry-standard silicon processing techniques to create optical interconnect chiplets that replace traditional electrical-based I/O, addressing performance and efficiency challenges in the semiconductor and computing industries. By optimizing data movement within AI systems, Ayar Labs aims to alleviate compute and bandwidth bottlenecks associated with complex large language models, thereby maximizing computational efficiency while minimizing costs and power consumption. Established in 2015 and headquartered in Emeryville, California, Ayar Labs also has an office in Santa Clara, California.
Movandi
Series C in 2020
Movandi Corporation specializes in developing advanced 5G mmWave wireless solutions, focusing on enhancing connectivity and communication worldwide. Founded in 2016 by siblings Maryam and Reza Rofougaran, the company is headquartered in Irvine, California, with an additional office in Australia. Movandi's offerings include a comprehensive range of products that encompass RF front-end systems, antennas supporting multiple beams, and integrated software solutions. These technologies cater to various applications, such as fixed and mobile broadband, command-and-control services, and private 5G networks. By addressing the challenges associated with 5G mmWave deployments, Movandi provides flexible and future-proof solutions that improve coverage and capacity. The company's extensive portfolio of intellectual property and patents underpins its role across the entire 5G ecosystem, facilitating the realization of high-performance wireless communication and enabling new market opportunities.
MD Ally
Pre Seed Round in 2020
MD Ally, Inc. is a company focused on enhancing telemedicine services, specifically within the realm of emergency medical services. Incorporated in 2020 and based in Philadelphia, Pennsylvania, the company has developed a triage solution that addresses non-emergency care gaps. Its platform streamlines access between public safety practitioners and healthcare providers, enabling the triage of non-life-threatening medical concerns through telehealth. This allows patients to receive virtual medical and behavioral healthcare, in-network follow-up care, alternative transportation, and social services without the need for costly emergency service dispatch. By integrating telemedicine into the emergency medical dispatch process, MD Ally aims to provide efficient and effective care solutions for both patients and EMS providers.
Tembo Health
Venture Round in 2019
Tembo Health is a telemedicine company focused on serving retirement homes, senior care centers, and skilled nursing facilities. The company’s platform facilitates connections between patients and specialty services, such as psychiatry and cardiology. By integrating patient data with the expertise of specialists, Tembo Health collaborates with nursing staff to enhance care plans tailored to individual patient needs. This approach aims to improve access to urgent care and specialty services, ultimately benefiting the health and well-being of seniors in these facilities.
Aurora Insight
Series A in 2019
Aurora Insight, Inc., located in Washington, D.C., specializes in providing insights into wireless connectivity and the radio spectrum. The company offers a dynamic map that serves as a comprehensive resource for organizations seeking to understand available spectrum and optimize their wireless deployments. By delivering detailed information on existing wireless infrastructure and radio frequency environments, Aurora Insight enables businesses to make informed decisions regarding their connectivity needs.
Aurora Insight
Venture Round in 2019
Aurora Insight, Inc., located in Washington, D.C., specializes in providing insights into wireless connectivity and the radio spectrum. The company offers a dynamic map that serves as a comprehensive resource for organizations seeking to understand available spectrum and optimize their wireless deployments. By delivering detailed information on existing wireless infrastructure and radio frequency environments, Aurora Insight enables businesses to make informed decisions regarding their connectivity needs.
ConcealFab
Venture Round in 2018
ConcealFab Corporation, established in 2007 and headquartered in Colorado Springs, Colorado, specializes in designing, engineering, and manufacturing radio frequency transparent shelters and enclosures. The company provides pre-fabricated polyvinyl chloride (PVC) concealment solutions for both federal contractors and commercial wireless carriers, aiming to protect sensitive communication equipment from public detection. ConcealFab's patented technology, crafted from proprietary thermoplastic and advanced composite materials, allows for innovative architectural designs that effectively blend into urban and suburban environments. The company has successfully delivered numerous rooftop and ground-based antenna concealment solutions, enhancing wireless network performance while ensuring faster site approval. Their product offerings include RF-transparent rooftop screenwalls, quick-deploy maintenance shelters, and advanced solutions for small cell and oDAS wireless deployments. ConcealFab also offers custom solutions tailored to specific site requirements, all designed to simplify installation and reduce costs compared to traditional RF enclosure options.
TOP Network
Venture Round in 2018
TOP Network is a decentralized open communication network that leverages blockchain technology to provide a range of cloud communication services, including messaging, calling, video, VPN, CDN, and IoT data sharing. It aims to deliver secure and cost-effective communication solutions for businesses of all sizes. The platform is built on a high-performance public blockchain capable of processing several hundred thousand transactions per second, utilizing advanced technologies such as a three-layer network and two-layer sharding. TOP Network originated from the foundational network layer of popular communication apps Dingtone, CoverMe, and SkyVPN, which collectively have over 60 million users and are expected to transition to the TOP ecosystem, generating significant transaction volumes. Founded in late 2017 by Steve Wei, who has a history of developing communication technologies, the company has secured $15 million in early investments from notable institutional and individual investors, positioning itself for growth in the blockchain space.
Hedron
Seed Round in 2017
Hedron is focused on developing a network of data relay satellites that facilitate real-time communication between Earth and space. Their modular and scalable system employs a hybrid RF-optical communication approach, providing connectivity for low-Earth orbit satellites. Hedron's imaging satellites generate valuable data that address critical global challenges, including food and water security, climate change monitoring, and disaster mitigation. By offering a series of data relay nodes, the company enables clients to optimize the global economy and enhance understanding of the planet, paving the way for innovation and improved insights in various sectors.
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