Ballast Point Ventures

Ballast Point Ventures, founded in 2001 and based in Florida, is a venture capital firm that manages $360 million and specializes in investing in established, rapidly growing private companies primarily located in the Southeast and Texas. This region, which constitutes a significant portion of the national GDP, offers a favorable business environment and a high quality of life, attracting talented entrepreneurs. The firm partners with entrepreneurs who value local expertise and long-term relationships, focusing on adding value in ways that nationwide investors may find challenging. Ballast Point Ventures emphasizes growth capital investments in industries with strong growth potential, including healthcare, business services, communications, information technology, financial services, and consumer/retail. The firm's approach is to collaborate with experienced and visionary entrepreneurs, seeking minority ownership stakes to foster strategic partnerships rather than controlling interests, ultimately aiming to generate attractive returns for both the entrepreneurs and their investors.

Sean Barkman

Partner

Carol Bear

Director- Admin

Kendra Boyle

Senior Associate

Robert Faber

Partner

O. Gene Gabbard

Venture Partner

Drew Graham

Managing Partner

Paul Johan

Co-Founder and Partner

Baxter Perkins

Senior Associate

Matt Rice

Partner

Ryan Silvester

Associate

Jerett L. Smith

Associate

Jeff Smith

Vice President

Walter Yarbrough

Senior Associate

41 past transactions

Gun.io

Venture Round in 2022
Gun.io is the first software development platform that helps fast-growing companies build custom engineering teams. With the highest-quality network of independent developers in the world, Gun.io can tackle any software engagement — whether it requires a few hours of work from a senior engineer — or the combined year-long efforts of an entire engineering team. By streamlining the product development workflow with technology that includes reference checks on both sides, technical assessments for freelancers, and budgetary assessments for companies, companies can build their teams with confidence, and freelancers can work without fear of being stiffed on the bill.

Keen Decision Systems

Series B in 2022
Keen Decision Systems is a developer of software-as-a-service used to help marketers make courageous, data-driven decisions. Its technology is a real-time resource that accurately calculates financial contribution across all marketing channels that enable marketers to maximize profitability, maximize revenue, or optimize marketing investments within a fixed budget.

Symphonic Distribution

Series B in 2022
Symphonic Distribution is a 100% independent music distribution and marketing company founded by music producer Jorge Brea in 2006. Headquartered in Tampa, FL with offices in major music markets throughout the world, Symphonic provides thousands of new and established record labels, managers and individual artists with global digital music distribution to hundreds of retail and streaming platforms, as well as playlist pitching, release promotion, and a comprehensive suite of label services. Artists and Record Labels that have had their content distributed through Symphonic Distribution include: Bassnectar, deadmau5, Waka Flocka Flame, Datsik, The Movement, Tommie Sunshine, Richie Hawtin, Play Me Records, Moody Recordings (Bad Boy Bill), and many more of various genres and music focuses.

Key Data Dashboard

Series B in 2021
Key Data Dashboard specializes in data visualization and analytics software tailored for vacation rental managers. Founded in 2016 and based in Santa Rosa Beach, Florida, the company provides a platform that allows vacation rental companies to access real-time visualizations of key performance indicators (KPIs) alongside anonymized comparisons of local, regional, and industry data. By consolidating various data sources into a single interface, the software enables users to save time on report generation and focus on making informed revenue decisions. Key Data Dashboard, previously known as VRM Dashboard, has garnered attention from leading vacation rental firms and early-stage investors, securing a Series A funding round to enhance its offerings.

Pace mate

Series A in 2021
Pace mate is a digital healthcare company.

Carterra

Venture Round in 2020
Carterra, Inc. specializes in developing and commercializing innovative biomolecular interaction analysis solutions, primarily utilizing label-free technologies. The company offers a range of products, including its MultipleX 96 array-based surface plasmon resonance (SPR) imaging system and the Continuous Flow Microspotter (CFM), which is designed for high-throughput microarray printing. Carterra's services encompass epitope binning and mapping, first-pass kinetics, and assay development, catering to the needs of pharmaceutical and biotechnology clients. Its advanced platforms enable users to conduct kinetic and epitope analysis, supporting the rapid screening of antibodies and identification of potential therapeutic candidates. Founded in 2005 and headquartered in Salt Lake City, Utah, Carterra has additional offices in California, Massachusetts, and Germany, and distributes its products globally, including in China and Japan.

Mailprotector

Series A in 2020
Mailprotector's parent company, Virtual Connect Technologies, was founded primarily as a website development company. At that time they had developed a couple of intranet sites whose users were fed up with spam, viruses, and the whole lot of issues that come with an unprotected email system. So they rolled up our sleeves and set ourselves to work, and soon they had engineered a basic email filtering system that worked beautifully for our customers. Their system worked so well that they decided that they might be able to share it with others. So they re-tooled our system to work as a managed service, added a ton of new and useful features, called it "Mailprotector" and put up a website for it. Soon people started giving Mailprotector a try, then they raved about it to their friends. Before they knew it they were protecting the email of tens of thousands of users and processing millions of messages each day.

The Zebra

Series C in 2020
The Zebra operates as an online insurance comparison marketplace. It provides rates and educational resources to inform consumers and help them find the coverage, service level, and pricing to suit their unique needs, while simultaneously helping insurance companies connect with the consumers they best serve in today’s digital world. The company was founded in 2012 and is headquartered in Austin, Texas.

Carterra

Venture Round in 2020
Carterra, Inc. specializes in developing and commercializing innovative biomolecular interaction analysis solutions, primarily utilizing label-free technologies. The company offers a range of products, including its MultipleX 96 array-based surface plasmon resonance (SPR) imaging system and the Continuous Flow Microspotter (CFM), which is designed for high-throughput microarray printing. Carterra's services encompass epitope binning and mapping, first-pass kinetics, and assay development, catering to the needs of pharmaceutical and biotechnology clients. Its advanced platforms enable users to conduct kinetic and epitope analysis, supporting the rapid screening of antibodies and identification of potential therapeutic candidates. Founded in 2005 and headquartered in Salt Lake City, Utah, Carterra has additional offices in California, Massachusetts, and Germany, and distributes its products globally, including in China and Japan.

Abacode

Series A in 2020
Abacode is fundamentally different from most Cybersecurity providers. They address company risk from a business strategy first and cyber-technologies second. This methodology ensures your technical and non-technical leadership are able to make unbiased strategic decisions that positively impact the entire organization. They provide companies with a single trusted source for all cybersecurity and compliance products, solutions, and managed services. Abacode was founded by Michael Ferris.

Spotio

Series A in 2020
Spotio, Inc. develops a customer relationship management software platform for door-to-door and business-to-business sales representatives and managers. The company’s software is used for sales intelligence, appointment setting, lead management, sales canvassing, territory management, customer mapping, team chat, e-contracts, sales leaderboard, improve productivity, route planning, representative tracking, report building, and sales tracking. It serves solar, telecommunications, storm restoration, distribution, healthcare, business service/supplies, and home improvement industries. Spotio, Inc. was incorporated in 2014 and is based in Dallas, Texas.

Tissuetech

Series C in 2019
TissueTech is an innovative technology company that uses products derived from human amniotic and umbilical cord tissues. Its medical technology platform markets innovative amniotic and umbilical cord-based products, thereby enabling physicians to avail of enhanced regenerative healing technology in eye care, wound care, and orthopedics. Tissuetech was founded in 2001 and is headquartered in Miami, Florida.

SkuVault

Series A in 2019
SkuVault is a cloud-based inventory management system and warehouse management software. Acquiring and maintaining accurate inventory quantities is a problem common to most all retailers – from overselling (aka out of stocks), mis-picks, and mis-ships, to forgotten stock sitting on a shelf, not even listed for sale. Our system, SkuVault, helps to greatly reduce those inventory issues, and many other problems retailers face. SkuVault deals with your actual, physical inventory, scanned into and out of your warehouse or store, and then uses this real time data to sync to your online marketplaces such as Amazon, eBay, Shopify, etc.

AVOXI

Venture Round in 2018
AVOXI, Inc. is a computer software company based in Atlanta, Georgia, specializing in communication as a service (CaaS) solutions. Founded in 2001, AVOXI combines international virtual number services with cloud communication tools tailored for global contact centers. Its product offerings include Smart Queue, a cloud-based virtual call center platform, and a hosted private branch exchange (PBX) system designed to enhance employee productivity. The company also provides international session initiation protocol (SIP) trunking solutions and voice over Internet protocol (VoIP) gateway services. Additionally, AVOXI offers local and international call forwarding services, toll-free solutions, and call recording capabilities, making it a comprehensive provider of telecommunications and enhanced VoIP solutions.

Symphonic Distribution

Venture Round in 2017
Symphonic Distribution is a 100% independent music distribution and marketing company founded by music producer Jorge Brea in 2006. Headquartered in Tampa, FL with offices in major music markets throughout the world, Symphonic provides thousands of new and established record labels, managers and individual artists with global digital music distribution to hundreds of retail and streaming platforms, as well as playlist pitching, release promotion, and a comprehensive suite of label services. Artists and Record Labels that have had their content distributed through Symphonic Distribution include: Bassnectar, deadmau5, Waka Flocka Flame, Datsik, The Movement, Tommie Sunshine, Richie Hawtin, Play Me Records, Moody Recordings (Bad Boy Bill), and many more of various genres and music focuses.
IRIS preventative screening for Diabetic Retinopathy is as simple and quick as taking a patient's blood pressure or stepping on a scale, and can be just as helpful to physicians in helping to detect eye disease or other disorders. The retina is a window into the body. Minute changes in the blood vessels of the retina can be early indicators of issues elsewhere.

Iconixx

Venture Round in 2017
Iconixx Software Corporation offers cloud-based incentive compensation management solutions aimed at simplifying the complexities of commission and incentive processes for businesses of all sizes. The company's primary products include Iconixx Sales, which manages sales compensation plans; Iconixx Incentive, designed for managing various incentive programs; and Iconixx Merit, which focuses on salary and merit management. Additionally, Iconixx provides an ICM Stress Test to evaluate the effectiveness of compensation systems. Their software empowers organizations to enhance sales productivity and profitability by automating and optimizing compensation processes, providing visibility into payment factors such as commissions and bonuses. Iconixx serves a diverse range of industries, including technology, finance, and manufacturing, and is headquartered in Austin, Texas. Founded in 1995, Iconixx was previously a subsidiary of Moxie Software, Inc.

TicketBiscuit

Venture Round in 2016
TicketBiscuit is a Birmingham, Alabama-based online ticketing company. The company provides a proprietary, Web-based event management system to help small and midsize entertainment venues, including promoters, colleges, churches, theaters, nightspots, comedy clubs and individual artists - sell their own tickets online. TicketBiscuit is considered to be an independent, lower cost alternative to Ticketmaster.

Theragen.inc

Venture Round in 2016
Theragen.inc, through its subsidiary, engages in the development, manufacture, marketing, distribution, and reimbursement of medical grade therapeutic devices for both muscle rehabilitation and pain management. It offers Kneehab XP, a portable neuromuscular electrical stimulation (NMES) device designed to deliver focused, coordinated, and sequential stimulation to the quadriceps complex. Its device reactivates, reeducates, and strengthens quadriceps muscles secondary to disuse atrophy, injury, or knee surgery. The company also provides Recovery Back, a portable device for alleviating low back pain. Theragen.inc was founded in 2014 and is based in Manassas, Virginia.

MeYou Health

Venture Round in 2016
MeYou Health was founded in 2009 with the goal of transforming traditional health and wellness programs into social, digital well-being products that help people live healthier, happier lives. Its well-being platform and interventions achieve impact through sustained engagement and measurable effect. This impact has been demonstrated in the market with 60% member engagement at 12 months (with multiple interactions per week) and academically with three randomized control trials and multiple peer-reviewed publications demonstrating positive outcomes. MeYou Health’s “open social” model provides extra power to the interventions, because members can participate with anyone in their social network, regardless of each person’s health insurance coverage.

PowerChord

Venture Round in 2016
A PowerChord is defined as a combination of musical notes, playing together to make one, powerful sound… and that is exactly how our smart, creative group of pranksters, brewers, and intense fantasy football competitors operate. Sure, our PowerChord team may work out of bean bag chairs and occasionally close the office early for a company beer, but at the end of the day, our clients come first.

The Zebra

Series A in 2016
The Zebra operates as an online insurance comparison marketplace. It provides rates and educational resources to inform consumers and help them find the coverage, service level, and pricing to suit their unique needs, while simultaneously helping insurance companies connect with the consumers they best serve in today’s digital world. The company was founded in 2012 and is headquartered in Austin, Texas.

Tissuetech

Series B in 2015
TissueTech is an innovative technology company that uses products derived from human amniotic and umbilical cord tissues. Its medical technology platform markets innovative amniotic and umbilical cord-based products, thereby enabling physicians to avail of enhanced regenerative healing technology in eye care, wound care, and orthopedics. Tissuetech was founded in 2001 and is headquartered in Miami, Florida.

PowerDMS

Venture Round in 2014
PowerDMS, Inc. cloud-based policy and procedure management software. It also offers Policy Management Software to simplify the policy lifecycle with online distribution, signatures, and tracking; Public-Facing Documents solution that enables to publish critical content to community; Training Management solution; Accreditation Management solution; and Mobile Policy, a solution that gives staff secure access to critical content. It serves industries, such as business, law enforcement, fire/EMS, municipalities, healthcare, corrections, and others. The company was founded in 2001 and is based in Orlando, Florida.

Iconixx

Venture Round in 2014
Iconixx Software Corporation offers cloud-based incentive compensation management solutions aimed at simplifying the complexities of commission and incentive processes for businesses of all sizes. The company's primary products include Iconixx Sales, which manages sales compensation plans; Iconixx Incentive, designed for managing various incentive programs; and Iconixx Merit, which focuses on salary and merit management. Additionally, Iconixx provides an ICM Stress Test to evaluate the effectiveness of compensation systems. Their software empowers organizations to enhance sales productivity and profitability by automating and optimizing compensation processes, providing visibility into payment factors such as commissions and bonuses. Iconixx serves a diverse range of industries, including technology, finance, and manufacturing, and is headquartered in Austin, Texas. Founded in 1995, Iconixx was previously a subsidiary of Moxie Software, Inc.

y prime

Series A in 2013
Y Prime’s innovative software solutions are bringing a new level of transparency to meet the challenges of today’s increasingly complex and competitive clinical and regulatory environment. Working for industry leaders worldwide, Y Prime harnesses information to help clients effectively plan and manage clinical trials on time and within budget. Presently, software companies are forcing products into a Software as a Service (SaaS) platform, which for clinical research leaves much to be desired in terms of customer support. The Y Prime platform is designed to scale as a SaaS platform but is operated with such high level of interaction that we call it a Software With a Service platform.

Tower Cloud

Venture Round in 2013
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

Tissuetech

Series A in 2013
TissueTech is an innovative technology company that uses products derived from human amniotic and umbilical cord tissues. Its medical technology platform markets innovative amniotic and umbilical cord-based products, thereby enabling physicians to avail of enhanced regenerative healing technology in eye care, wound care, and orthopedics. Tissuetech was founded in 2001 and is headquartered in Miami, Florida.

Iconixx

Series B in 2012
Iconixx Software Corporation offers cloud-based incentive compensation management solutions aimed at simplifying the complexities of commission and incentive processes for businesses of all sizes. The company's primary products include Iconixx Sales, which manages sales compensation plans; Iconixx Incentive, designed for managing various incentive programs; and Iconixx Merit, which focuses on salary and merit management. Additionally, Iconixx provides an ICM Stress Test to evaluate the effectiveness of compensation systems. Their software empowers organizations to enhance sales productivity and profitability by automating and optimizing compensation processes, providing visibility into payment factors such as commissions and bonuses. Iconixx serves a diverse range of industries, including technology, finance, and manufacturing, and is headquartered in Austin, Texas. Founded in 1995, Iconixx was previously a subsidiary of Moxie Software, Inc.

VAZATA

Venture Round in 2012
VAZATA is an Infrastructure-as-a-Service (IaaS) provider that caters to Global 1000 companies, U.S. Federal Government Agencies, and Mid-Market Enterprises. The company specializes in delivering secure, stable, and scalable technology solutions tailored to meet the diverse challenges faced by its global clientele. Utilizing its proprietary cloud architecture, vStructure™, VAZATA supports a range of hosting needs and offers alternatives for disaster recovery and business continuity for critical mission applications. This enables clients to enhance their computing capabilities while improving accessibility and maintaining fiscal viability.

Tower Cloud

Venture Round in 2012
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

MolecularMD

Series B in 2012
MolecularMD Corporation is a company that develops and commercializes specialty molecular diagnostics specifically for oncology applications. Founded in 2005 and based in Portland, Oregon, with an additional location in Cambridge, Massachusetts, the company focuses on enabling the precise selection, monitoring, and management of patients undergoing treatment with molecularly targeted cancer therapies. MolecularMD offers a range of services, including assay design and development, clinical trial support, regulatory planning, and custom clinical kit manufacturing. Its assays leverage both established and innovative technologies to deliver sensitive and reliable results that aid in the clinical development, regulatory approval, and commercialization of new anticancer agents. MolecularMD operates as a subsidiary of ICON Laboratory Services Inc.

Tower Cloud

Venture Round in 2011
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

Watermark Medical

Series B in 2010
Watermark Medical specializes in the diagnosis and treatment of sleep breathing disorders, particularly obstructive sleep apnea (OSA). Founded in 2008 and based in Boca Raton, Florida, the company offers innovative home sleep testing solutions, including the Apnea Risk Evaluation System (ARES) and the ARES Unicorder. The ARES system integrates physiological data collected at home with clinical histories to assess the presence and severity of OSA. The ARES Unicorder is a wearable device that monitors various physiological parameters, such as blood oxygen levels, airflow, and snoring patterns, over multiple nights. Watermark Medical distributes its products through a network of sales representatives to physicians, hospitals, sleep clinics, and the home healthcare sector, enhancing patient care and sleep disorder management. Additionally, the company has formed a strategic alliance with Virtuox Inc. to further its reach in the healthcare market.

VAZATA

Venture Round in 2009
VAZATA is an Infrastructure-as-a-Service (IaaS) provider that caters to Global 1000 companies, U.S. Federal Government Agencies, and Mid-Market Enterprises. The company specializes in delivering secure, stable, and scalable technology solutions tailored to meet the diverse challenges faced by its global clientele. Utilizing its proprietary cloud architecture, vStructure™, VAZATA supports a range of hosting needs and offers alternatives for disaster recovery and business continuity for critical mission applications. This enables clients to enhance their computing capabilities while improving accessibility and maintaining fiscal viability.

Tower Cloud

Venture Round in 2009
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

FSV Payment Systems

Series C in 2009
FSV Payment Systems is a leader in prepaid technology and stored value processing. With roots deep in paycards – one of the first significant applications in the prepaid industry outside of gift cards – FSV has the experience, stored-value systems, technology and expertise to deliver your company’s prepaid card payment solutions. To learn more visit www.fsvps.com.

MolecularMD

Series A in 2009
MolecularMD Corporation is a company that develops and commercializes specialty molecular diagnostics specifically for oncology applications. Founded in 2005 and based in Portland, Oregon, with an additional location in Cambridge, Massachusetts, the company focuses on enabling the precise selection, monitoring, and management of patients undergoing treatment with molecularly targeted cancer therapies. MolecularMD offers a range of services, including assay design and development, clinical trial support, regulatory planning, and custom clinical kit manufacturing. Its assays leverage both established and innovative technologies to deliver sensitive and reliable results that aid in the clinical development, regulatory approval, and commercialization of new anticancer agents. MolecularMD operates as a subsidiary of ICON Laboratory Services Inc.

Lifestyle Fitness

Venture Round in 2004
A St. Petersburg, Fla.-based owner and operator of fitness clubs in the Florida market

ITC Financial Services

Venture Round in 2004
ITC Financial Services LLC, a financial services company, provides electronic cash solutions.

PDSHeart

Venture Round in 2003
PDSHeart is a telephonic monitoring company specializing in cardiac monitoring technology and services in the United States. The company offers a range of products, including the Dual Alert Afib monitor for capturing specific cardiac events, the Looping Multi-Event monitor for long-term recording of cardiac arrhythmias, and the WebHolter, a web-based digital Holter monitoring system. Additionally, PDSHeart provides the Thumb One, a non-looping monitor that allows patients to record events by grasping the device, and a Non-Looping Chest Plate for real-time recordings of transient symptoms. The Digital Holter System includes a patient event button for symptom reporting. PDSHeart also supplies various Holter accessories and offers equipment upgrades, Holter monitoring, and pacemaker monitoring services. The company's technology enables remote and ambulatory care monitoring for both asymptomatic and symptomatic arrhythmia detection through multiple communication methods. Founded in 1995 by Sean Heyniger, PDSHeart is headquartered in West Palm Beach, Florida, with an additional office in Conyers, Georgia.