Black Point Group
Black Point Group is a private equity firm based in Portland, Maine, founded in 2007. The firm specializes in investments in both public and private growth companies, with a focus on sectors such as life sciences, healthcare, technology, pharmaceuticals, cloud computing, and biotechnology. Black Point Group aims to create long-term value through active involvement in its portfolio companies, leveraging its operational and investment expertise. Additionally, the firm is committed to significant engagement in public service initiatives.
Ovation offers data and operations solutions tailored for the life sciences industry, focusing on enhancing the capabilities of researchers, scientists, and laboratories. The company has developed a cloud-based laboratory information management system that streamlines clinical diagnostics for molecular diagnostic labs. This system encompasses various functionalities, including lab workflows, sample tracking, document management, personnel training, and external portals. Furthermore, Ovation provides a partner ecosystem that supports revenue cycle management, clinical interpretation, consulting services, and business analytics. By enabling medical researchers and scientists to efficiently collect, organize, and visualize lab-related data, Ovation enhances their ability to make informed decisions throughout the research process.
MyTaskit
Seed Round in 2016
MyTaskit is a software platform designed to enhance task management and coordination between service professionals and customers. Founded to improve the maintenance and operation of valued possessions, the platform originally catered to the boating industry by bridging communication gaps among boat owners, service professionals, and manufacturers. Its first product, The Boat Village, was launched in 2012 as a comprehensive front-office solution for communication and service coordination. In 2013, MyTaskit acquired DockMaster®, a leading back-office solution for marine service providers, which led to the development of MyTaskit Pro in 2015. This rebranded platform serves various local service businesses, including boat yards, RV repair centers, and contractors, by streamlining customer service and back-office tasks such as work order processing and billing. Additionally, MyTaskit extends its services to consumers, allowing them to organize tasks and interactions in their daily lives, thereby improving overall efficiency and customer satisfaction.
PebblePost
Convertible Note in 2015
PebblePost, Inc. is a New York-based company that operates a digital-to-direct mail marketing platform. Established in 2014, PebblePost specializes in transforming online consumer behavior into targeted direct mail campaigns. By leveraging online interest and intent data, the company sends personalized direct mail that aims to activate purchasing decisions and enhance conversion rates. PebblePost is known for its innovation in Programmatic Direct Mail, which utilizes advanced targeting and algorithmic optimization techniques. The platform integrates various marketing functions, including segmentation, campaign management, production, analytics, and optimization, allowing brands to effectively engage consumers through tailored media impressions delivered to their homes.
Modern Meadow
Series A in 2014
Modern Meadow, LLC is a biofabrication company based in Brooklyn, New York, founded in 2011. The company specializes in creating animal-free leather from living cells, utilizing its proprietary Bio-Alloy and Bio-Farm technology platforms. These innovations leverage tuned proteins to produce sustainable materials that eliminate the need for petrochemical and animal-derived inputs while maintaining high performance. Modern Meadow’s products are designed for seamless integration into existing infrastructures across various industries, including materials and beauty. The company emphasizes lab-to-brand traceability, ensuring that its offerings are fully transparent throughout the production process. By focusing on fermentation-based bio-collagen and lightweight materials, Modern Meadow aims to significantly reduce greenhouse gas emissions and promote sustainability without compromising quality or appearance.
Ikaria is a company focused on developing and delivering innovative therapeutics and interventions for critically ill patients. It operates as an integrated critical care provider, aiming to meet the unique and complex medical needs of this vulnerable population. By creating and commercializing advanced therapies, Ikaria seeks to be a vital partner for clinicians, offering essential support and care at crucial moments in patient treatment.
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