Armory Square Ventures is a venture capital firm established in 2013 and located in Skaneateles, New York, with additional operations in New York City. The firm specializes in early-stage investments, particularly in technology-related sectors, including healthcare tech, mobile tech, edtech, food and agriculture software, manufacturing automation software, energy software, fintech, adtech, digital marketing, software-as-a-service, and e-commerce. Armory Square Ventures often serves as the initial institutional investor for companies across New York State's major industries. The firm is actively involved in supporting its portfolio companies by assisting with senior talent recruitment, customer acquisition, co-investor engagement, and overall growth strategies.
Qumis is an assistive-AI platform that can quickly analyze insurance policies and pull relevant information for claims, brokering, and compliance. Developed by insurance attorneys, Qumis delivers law firm grade analysis and enables real-time discussions with your policies and institutional knowledge, transforming hours of work into minutes with enhanced precision.
BosonQ Psi
Seed Round in 2024
BosonQ Psi is a simulation software startup that focuses on advancing computational simulations through quantum computing, particularly for the aerospace and electric vehicle industries. The company's flagship product, BQPhy, leverages novel quantum algorithms to enhance engineering solvers, allowing clients to significantly reduce production costs and computing time, potentially saving between $500,000 to $2 million. BQPhy is designed to perform multiphysics simulations, addressing complex industrial processes such as computational fluid dynamics, structural dynamics, heat transfer, and multidisciplinary optimization. By integrating advanced quantum computing capabilities, BosonQ Psi aims to transform the technical landscape for multiphysics simulations, attracting interest from end-users in aerospace, automotive sectors, government research and development labs, and other quantum technology companies.
Machinery Partner
Series A in 2023
Machinery Partner operates as a digital dealership and lifecycle tracking system focused on facilitating transactions between buyers and sellers of heavy equipment. The company leverages technology and industry expertise to streamline the procurement process, offer financing options, and provide related services. By integrating these elements, Machinery Partner enables its users to concentrate more on their core business operations rather than on asset management, thus promoting growth and efficiency in the heavy equipment sector.
Qualifi
Venture Round in 2023
Qualifi operates a digital screening platform designed to enhance the hiring experience through on-demand phone interviews. By allowing recruiters to pre-record, send, and manage audio interviews at scale, Qualifi streamlines the screening process, enabling human resource professionals to conduct a high volume of interviews efficiently. This approach not only saves time for both recruiters and candidates but also preserves a human touch in the hiring process. With the majority of candidate responses occurring on the first day, Qualifi helps recruiters secure top talent swiftly, significantly reducing the time traditionally associated with phone interviews.
RealEats
Series A in 2021
RealEats is a food tech company specializing in premium meal prep delivery services. The company offers a range of healthy, chef-designed meals that prioritize nutritional value and sustainability. RealEats meals are prepared using whole, unprocessed ingredients sourced responsibly, with many components coming from local farms in the Finger Lakes region of New York. By providing meals in single portion sizes and vacuum-packed for freshness, RealEats aims to simplify the process of enjoying nutritious food while also reducing food waste. This approach enables consumers to access convenient, handmade meals without compromising on quality or health.
UCM Digital Health
Series A in 2021
UCM Digital Health is a provider of virtual care and telemedicine solutions, focusing on delivering accessible healthcare options for insurers, employers, patients, and providers. Established in 2014 and based in Troy, New York, the company offers a digital front door platform that integrates various healthcare services through a single point of engagement. This platform facilitates immediate access to care by combining teleconsultation, triage, treatment, and navigation services, available 24/7. UCM Digital Health supports a multidisciplinary team of providers to cater to a wide range of patient needs, including emergency and urgent care, primary care, specialty care, and behavioral health. By leveraging technology, UCM Digital Health aims to create cost-effective, high-quality healthcare solutions that enhance patient experiences.
RealEats
Venture Round in 2020
RealEats is a food tech company specializing in premium meal prep delivery services. The company offers a range of healthy, chef-designed meals that prioritize nutritional value and sustainability. RealEats meals are prepared using whole, unprocessed ingredients sourced responsibly, with many components coming from local farms in the Finger Lakes region of New York. By providing meals in single portion sizes and vacuum-packed for freshness, RealEats aims to simplify the process of enjoying nutritious food while also reducing food waste. This approach enables consumers to access convenient, handmade meals without compromising on quality or health.
StorySlab
Venture Round in 2020
StorySlab, Inc. operates a sales enablement platform designed to enhance sales and marketing alignment. Founded in 2012 and headquartered in Syracuse, New York, the company offers a mobile tablet selling system that allows users to share tailored sales presentations and marketing content. Its platform features custom-configured applications, a web content management system, and secure cloud storage, all with offline functionality. Key capabilities include built-in web conferencing, data reporting, and efficient file-sharing services, which optimize live customer interactions and centralize resources for easy access. StorySlab, formerly known as Modern Industrial Marketing, LLC, rebranded in February 2019 to better reflect its focus on providing innovative solutions for sales professionals.
Heretto
Seed Round in 2019
Heretto is an AI-powered content operations platform that focuses on enhancing customer experiences for companies. It offers a Component Content Management System that facilitates collaboration and dynamic publishing, enabling organizations to transform their content into flexible and manageable data. This structured content approach allows clients to leverage information across various departments, including documentation, customer support, marketing, human resources, and regulatory compliance. By streamlining content creation, management, and distribution, Heretto helps businesses improve their operational efficiency and resolve product issues more effectively.
Clerio Vision
Series D in 2019
Clerio Vision is a medical device company based in Rochester, New York, established in 2014. It focuses on developing innovative contact lenses that aim to address safety and performance challenges associated with traditional refractive surgery. The company utilizes laser-induced refractive index correction technology, which has the potential to transform the vision correction market by allowing physicians to effectively treat refractive index issues in the human cornea. Clerio Vision is actively engaged in the commercialization of its next-generation products, positioning itself as a key player in the ophthalmic medical device sector.
ACV
Series D in 2018
ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.
SquareFoot
Series A in 2018
SquareFoot is a commercial real estate listing platform designed to assist companies in finding suitable office spaces. It focuses on providing a seamless and user-friendly experience throughout the leasing process, from initial search to lease negotiation and contract signing. By combining proprietary technology with a knowledgeable brokerage team, SquareFoot modernizes the traditionally cumbersome leasing process. The company emphasizes flexibility in lease options and prioritizes transparency, catering specifically to the needs of growing businesses that seek the right office environment. Its responsive team works diligently to connect prospective tenants with landlords and other service providers, ensuring that clients can easily navigate the real estate market.
ACV
Series C in 2018
ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.
Vizbee
Venture Round in 2018
Vizbee Inc., founded in 2014 and based in New York, operates within the technology sector. The company specializes in integrating mobile and streaming devices into a cohesive application that enhances user experience at home. Vizbee transforms traditional mobile marketing channels into direct response pathways for television viewers, facilitating a more interactive and engaging viewing experience. Additionally, the company offers a solution called Homegraph, which automatically organizes connected streaming devices, thereby unifying user acquisition and retention across different devices.
BentoBox
Series A in 2017
BentoBox CMS Inc. is a New York-based company that has developed a mobile operations platform aimed at enhancing the efficiency of restaurants. Founded in 2013, BentoBox provides tools to automate various tasks, including menu updates, social media management, event promotion, and gift card sales. Its platform also features functionalities such as search engine optimization, newsletter sign-up, and one-click reservations, all designed to facilitate direct interactions between restaurants and their customers. By enabling restaurants to manage their online presence and revenue streams more effectively, BentoBox disrupts traditional third-party services, allowing dining establishments to prioritize their relationship with guests and drive higher profit margins through their own websites.
ACV
Series B in 2017
ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.
SquareFoot
Venture Round in 2016
SquareFoot is a commercial real estate listing platform designed to assist companies in finding suitable office spaces. It focuses on providing a seamless and user-friendly experience throughout the leasing process, from initial search to lease negotiation and contract signing. By combining proprietary technology with a knowledgeable brokerage team, SquareFoot modernizes the traditionally cumbersome leasing process. The company emphasizes flexibility in lease options and prioritizes transparency, catering specifically to the needs of growing businesses that seek the right office environment. Its responsive team works diligently to connect prospective tenants with landlords and other service providers, ensuring that clients can easily navigate the real estate market.
ACV
Series A in 2016
ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.
Good Uncle
Seed Round in 2016
Good Uncle is an on-demand food ordering and delivery service designed specifically for college students. Founded in November 2015 by Matt Doumar and Wiley Cerilli, the company provides a mobile application that allows users to easily find and order meals. Good Uncle partners with local chefs to create a diverse menu that rotates every six months, offering a variety of cuisines. Customers can track their orders and enjoy free delivery services directly to their college campuses. The platform aims to enhance the dining experience for students by providing convenient access to freshly prepared meals.
BentoBox
Seed Round in 2015
BentoBox CMS Inc. is a New York-based company that has developed a mobile operations platform aimed at enhancing the efficiency of restaurants. Founded in 2013, BentoBox provides tools to automate various tasks, including menu updates, social media management, event promotion, and gift card sales. Its platform also features functionalities such as search engine optimization, newsletter sign-up, and one-click reservations, all designed to facilitate direct interactions between restaurants and their customers. By enabling restaurants to manage their online presence and revenue streams more effectively, BentoBox disrupts traditional third-party services, allowing dining establishments to prioritize their relationship with guests and drive higher profit margins through their own websites.
Vengo
Series A in 2015
Vengo is a software and media company based in Long Island City, New York, specializing in interactive digital vending machines that enhance consumer engagement and collect valuable data. Founded in 2012, Vengo's innovative kiosks feature touchscreen interfaces that gamify the shopping experience, allowing brands to connect more effectively with customers. The company has partnered with notable brands such as Trident, Snapple, and Dentyne, as well as major players like Mondelez and Verizon. Vengo's machines not only promote products but also enable businesses to manage their networks remotely and analyze consumer behavior. The company's business model is designed to achieve attractive unit economics, with the potential for a six-month payback on new units.
Clerio Vision
Series A in 2015
Clerio Vision is a medical device company based in Rochester, New York, established in 2014. It focuses on developing innovative contact lenses that aim to address safety and performance challenges associated with traditional refractive surgery. The company utilizes laser-induced refractive index correction technology, which has the potential to transform the vision correction market by allowing physicians to effectively treat refractive index issues in the human cornea. Clerio Vision is actively engaged in the commercialization of its next-generation products, positioning itself as a key player in the ophthalmic medical device sector.
Agronomic Technology
Series A in 2014
Agronomic Technology Corp. provides a cloud-based recommendation platform, Adapt-N, which offers precision nitrogen management solutions tailored for farmers and agronomists. This platform integrates various software models to deliver accurate nitrogen application rates specifically for corn fields, taking into account soil variation, climate dynamics, and farm management practices. By utilizing data on soil, crop management, and weather conditions, Adapt-N assists farmers in making informed decisions regarding fertilizer, crop, and irrigation strategies. It also helps in anticipating nitrogen stress, thereby reducing the risk of yield losses and minimizing excess fertilizer applications while identifying opportunities for yield improvements. The company's services extend to agricultural enterprises, including retailers and cooperatives, across multiple states in the United States. Founded in 2013 and headquartered in New York, Agronomic Technology Corp. aims to enhance both the financial and environmental performance of growers through independent data and advanced cloud technology.
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