Blue Star Innovation Partners

Founded in 2017 and based in Frisco, Texas, Blue Star Innovation Partners is a growth equity investment firm focusing on companies operating in sectors such as technology, fintech, sports, fitness, healthcare, entertainment, and health & wellness. The firm typically invests in companies with annual revenues between $3 million to $50 million.

Cameron Barragan

Partner

Jack Doll

Principal

John Durrett

Partner

Jeff Gardner

Partner

Jeff Gardner

Partner

Kevin Hughes

Principal

Teresa Mackintosh

Partner

Matthew Merrick

Associate

Patrick Mizer

Partner

Nick Ralston

Associate Director

Andrew Shofner

Principal

Robert Wechsler

Co-Founder and President

Dan Wechsler

CEO

10 past transactions

Ledger Run

Private Equity Round in 2024
Ledger Run provides online software for CRO engagement and clinical trial management, helping sites, sponsors, and contract research organizations collaborate more efficiently. The platform combines site budgeting, contract management, and investigator payments to streamline contract research agreement negotiation and payment processing.

Camb.ai

Seed Round in 2024
Camb.ai is a pioneering AI company specializing in speech synthesis and translation for video content. It empowers media enterprises, sports leagues, and creators to transform their stories and live streams into multiple languages using proprietary models MARS and BOLI. Its flagship product, DubStudio, enables hyper-realistic any-to-any dubbing, currently used by hundreds of enterprises worldwide.

OfficeRnD

Venture Round in 2023
OfficeRnD is a company that specializes in developing and operating a workplace management system tailored for flexible and hybrid work environments. Founded in 2014 and based in Sofia, Bulgaria, the company offers a comprehensive platform that integrates various essential functions such as accounting, payments, door access, WiFi, printing, and customer relationship management. This solution enables clients, including office spaces, co-working spaces, universities, and furniture retailers, to efficiently design and manage their workplaces without the need for CAD files. By automating tasks like billing, payments, meeting room bookings, and contracts, OfficeRnD enhances operational efficiency and improves the member experience, allowing space operators and property managers to make informed, data-driven decisions.

Tagboard

Venture Round in 2023
Tagboard is a software platform that aggregates social media using hashtags for end-users, brands, and marketers. It offers turnkey solutions to filter influence, amplify engagement, and showcase branded experiences through social curation. Based in Redmond, WA, Tagboard has been discreetly pioneering hashtag marketing since 2012.

Sonar Software

Venture Round in 2022
Sonar Software is a cloud-based communications platform tailored for telecommunications providers, offering a comprehensive suite of tools essential for managing billing, infrastructure, and business intelligence. The platform includes features such as billing solutions, customer reporting, field service and dispatch management, customer service and ticketing, as well as inventory and procurement functionalities. Additionally, it provides technical support for networking and incident response, allowing clients to streamline operations and concentrate on their core activities. This intuitive software is designed to enhance the efficiency and effectiveness of internet service providers by integrating various mission-critical services into a single, user-friendly interface.

TravelNet Solutions

Acquisition in 2022
TravelNet Solutions is an integrated software and solutions provider specializing in the hospitality industry. The company develops a comprehensive property management software that unifies various operational aspects, including guest services, housekeeping, and accounting. By offering digital marketing, website, and booking services, TravelNet Solutions aims to enhance revenue growth and operational efficiency for its clients. The company's mission is to address complex technology and workflow challenges within the hospitality sector, striving to create an equitable competitive landscape for all hospitality businesses. Ultimately, TravelNet Solutions seeks to serve as a business concierge for its clients, focusing on their unique needs and how to best support their success.

Stax

Series D in 2022
FattMerchant, Inc. is a payment technology provider based in Orlando, Florida, specializing in online credit card processing services for businesses across the United States. Founded in 2014, the company offers a comprehensive suite of solutions that includes a virtual terminal for real-time processing of face-to-face and telephone transactions, point of sale retail systems, E-commerce capabilities, and a mobile card reader for on-the-go payments. FattMerchant's integrated platform supports various business types, from retail and restaurants to professional services and mobile enterprises, enabling them to enhance their payment experiences. The company features a simple subscription pricing model and a supportive customer service team, making payment processing accessible and manageable for business owners. With over $1 billion in transactions powered since its inception, FattMerchant is backed by a leading payment facilitator, providing clients with valuable data insights and custom payment solutions through its open API.

Payrix

Series A in 2020
Payrix is a payments technology company that provides an all-in-one, white-label platform for embedded payments targeting vertical software companies. Founded in 2015 and headquartered in Atlanta, Payrix offers a suite of turnkey solutions—including Payrix Launch, Payrix Pro, and Payrix Enterprise—to help software businesses add payments, expand revenue, and simplify compliance and risk management while preserving their brand. The platform supports customization and a broad set of integrations, enabling customers to deliver branded checkout experiences and scale payments as they grow. Payrix combines payments and software expertise with a client-focused, white-glove approach to support growth and innovation in embedded payments.

PatientNOW

Private Equity Round in 2020
PatientNOW is a provider of electronic medical record (EMR) and practice management software specifically designed for aesthetic medical practices. The company offers a comprehensive suite of tools that streamline operations, including appointment scheduling, inventory management, and a point of sale system. Its patient engagement platform enhances the patient experience by providing an online portal for managing prescriptions, medical histories, and secure communication with healthcare providers. By automating follow-up processes and reducing manual tasks, PatientNOW enables aesthetic practitioners to operate more efficiently, allowing them to focus on patient care while maintaining a paperless workflow.

Payrix

Series A in 2019
Payrix is a payments technology company that provides an all-in-one, white-label platform for embedded payments targeting vertical software companies. Founded in 2015 and headquartered in Atlanta, Payrix offers a suite of turnkey solutions—including Payrix Launch, Payrix Pro, and Payrix Enterprise—to help software businesses add payments, expand revenue, and simplify compliance and risk management while preserving their brand. The platform supports customization and a broad set of integrations, enabling customers to deliver branded checkout experiences and scale payments as they grow. Payrix combines payments and software expertise with a client-focused, white-glove approach to support growth and innovation in embedded payments.
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