Bluegrass Angels

Bluegrass Angels is an angel investment group based in Lexington, Kentucky, established in 2004. The company focuses on providing both capital and mentorship to startup companies in the region. It targets investments across various sectors, including healthcare, agriculture, industrial chemicals, manufacturing, biotechnology, fintech, media, and information technology. By supporting emerging businesses, Bluegrass Angels aims to foster innovation and economic growth within Kentucky's entrepreneurial ecosystem.

22 past transactions

Swell

Venture Round in 2025
Swell takes care of mental health by providing Licensed therapists.

Nichefire

Seed Round in 2025
Nichefire is an AI-powered marketing analytics company that focuses on providing consumer insights to facilitate informed business decisions. The company has developed a platform that activates and interprets online brand and consumer interactions, leveraging artificial intelligence to collect, sort, and categorize vast amounts of data from posts, comments, and reactions in seconds. This advanced capability enables businesses to gain valuable marketing and competitive insights, allowing them to identify cultural trends that may affect their products, services, and overall strategies. By simplifying the analysis of consumer behavior, Nichefire assists companies in making smarter decisions and staying ahead in a competitive market.

FreshFry

Convertible Note in 2023
FreshFry LLC, based in Louisville, Kentucky, specializes in frying oil purification solutions aimed at enhancing sustainability in commercial kitchens. Founded in 2014, the company offers innovative products such as the FreshFry porous pod cover and a cooking oil filtration pod. These products are designed to purify frying oil by capturing dissolved impurities, including free fatty acids and polar molecules, thereby extending the oil's life and improving its quality. By simplifying the process of oil filtration, FreshFry enables food businesses to maintain cleaner and brighter cooking oil, allowing them to concentrate on food preparation while promoting a more sustainable approach to cooking oil usage.

Nichefire

Pre Seed Round in 2023
Nichefire is an AI-powered marketing analytics company that focuses on providing consumer insights to facilitate informed business decisions. The company has developed a platform that activates and interprets online brand and consumer interactions, leveraging artificial intelligence to collect, sort, and categorize vast amounts of data from posts, comments, and reactions in seconds. This advanced capability enables businesses to gain valuable marketing and competitive insights, allowing them to identify cultural trends that may affect their products, services, and overall strategies. By simplifying the analysis of consumer behavior, Nichefire assists companies in making smarter decisions and staying ahead in a competitive market.

Resound

Pre Seed Round in 2022
Developer of an artificial intelligence podcast editing tool to save time for creators, editors, businesses, networks, and more in the podcasting space. The company helps to record or upload audio, process the files, accept or ignore each edit, and export your edited file.

Xena Intelligence

Pre Seed Round in 2022
Xena Intelligence is a data-driven management platform designed for e-commerce sellers, focusing on enhancing sales across major marketplaces such as Amazon and Walmart. The platform utilizes a proprietary algorithm that leverages intelligent data analytics to optimize pay-per-click advertisement campaigns. By continuously ingesting keyword and sales data from various sources, Xena Intelligence automates decision-making processes, allowing clients to create adaptable advertising strategies that respond to the dynamic nature of the e-commerce landscape. This approach aims to improve the effectiveness of marketing efforts and drive growth for e-commerce businesses.

BrainSTEM University

Pre Seed Round in 2020
BrainSTEM University is an EdTech startup that provides a STEAM-based curriculum through its Virtual Learning Environment (VLE). The company focuses on enhancing education in science, technology, engineering, and mathematics by offering an online platform that teaches subjects such as programming, robotics, engineering, and aerospace. By utilizing a gamified approach, BrainSTEM University aims to engage students and enhance their learning experience, allowing them to connect with relevant technological advancements and the broader school community.

PreventScripts

Pre Seed Round in 2020
PreventScripts develops a prevention management platform aimed at assisting primary care providers in managing at-risk populations to prevent chronic diseases. The platform offers a comprehensive personal health improvement tool for prediabetic and prehypertensive patients, utilizing connected health device data and gamified behavior tracking. This user-friendly software features a color-coded tracker that helps patients identify daily behavior changes conducive to healthier habits. By promoting the philosophy of "A little better every day," PreventScripts encourages small, incremental changes to achieve broader health goals. The company collaborates with healthcare providers to implement reimbursable clinical preventive services, making proven behavior change practices accessible and actionable. Additionally, both Android and enterprise population health dashboards are currently in development to enhance the platform's capabilities.

PAVR Software

Pre Seed Round in 2020
PAVR Software is an information technology and management consulting firm that specializes in developing business applications and tools for public and private sector clients. We focus on providing highly skilled project teams that are experienced and capable of assimilating, streamlining, and integrating complex data and operational issues into comprehensive, creative, and cost-effective solutions.

Synaptek

Pre Seed Round in 2020
Synaptek is a digital solution to simplify and optimize concussion testing, data management, and reporting.Synaptek provides a HIPAA compliant and mobile digital platform making it easier to assess, track, and manage concussions.

Bluegrass Advanced Materials

Pre Seed Round in 2020
Bluegrass Advanced Materials is a research and development entity focused on creating materials that can enhance commercial products. The BAM theory is that almost every material application (including but not limited to pharmaceuticals, biomedical, foods, cosmetics, plastics, adhesives, and lubricants) can be improved by employing BAM technology.

Moolathon

Pre Seed Round in 2020
Moolathon is a social fundraising platform that integrates fitness tracking to facilitate fundraising efforts for personal and philanthropic causes. It enables individuals and groups to create campaigns where supporters can pledge donations based on the distance run or walked. The platform not only promotes physical activity but also enhances the fundraising capabilities of charities, schools, teams, and other organizations, fostering community engagement while encouraging a healthy lifestyle. By leveraging fitness trackers, Moolathon broadens the reach of fundraising initiatives, allowing participants to raise funds effectively while staying active.

BrainSTEM University

Pre Seed Round in 2020
BrainSTEM University is an EdTech startup that provides a STEAM-based curriculum through its Virtual Learning Environment (VLE). The company focuses on enhancing education in science, technology, engineering, and mathematics by offering an online platform that teaches subjects such as programming, robotics, engineering, and aerospace. By utilizing a gamified approach, BrainSTEM University aims to engage students and enhance their learning experience, allowing them to connect with relevant technological advancements and the broader school community.

EdjAnalytics

Series A in 2020
EdjAnalytics specializes in predictive modeling techniques aimed at enhancing data analytics for businesses across various sectors, including healthcare, education, athletics, and commodities markets. The company offers a robust analytics platform that provides actionable insights, helping organizations eliminate uncertainty and optimize revenue. By leveraging a decision model that incorporates business and organizational context, EdjAnalytics identifies all potential outcomes based on existing data sets. This empowers clients to make informed and impactful decisions, ultimately improving their operational effectiveness and strategic planning.

Onovative

Series A in 2015
Onovative, LLC is a provider of comprehensive marketing software tailored for banks and credit unions, based in Louisville, Kentucky. The company offers two main products: Core iQ, which automates various customer communication channels such as email, postcards, SMS text, and phone calls for onboarding and marketing campaigns, and Base iQ, an intelligent survey platform that allows clients to create and manage surveys while benchmarking results against industry averages. By integrating its solutions with core banking systems, Onovative enables financial institutions to enhance customer relationships through automated onboarding, targeted marketing, cross-selling initiatives, and customer feedback collection. Established in 2012 and originally named Bank On Software LLC, Onovative rebranded in 2014 and currently operates as a subsidiary of Main Street Inc.

Hippo Manager

Angel Round in 2015
Hippo Manager is a provider of cloud-based veterinary practice management software tailored for both small and large animal veterinary practices. The software offers a comprehensive suite of tools essential for running a clinic or hospital, including reporting, point of sale, inventory management, and reminders. By leveraging technology, Hippo Manager aims to enhance the quality of patient care and facilitate better access to patient records. Additionally, the platform seeks to help veterinarians develop new revenue streams, ultimately supporting the overall efficiency and effectiveness of veterinary operations.

TNG Pharmaceuticals

Series A in 2014
TNG Pharmaceuticals, a Louisville, KY based company is focused on the research and development of our patented vaccine, FlyVax. TNG Pharmaceuticals began at the University of Louisville in the Entrepreneurship MBA program. TNG competed on a global business plan competition circuit: winning four of five competitions, including the world's largest, richest, and most prestigious competitions.

Allylix

Series C in 2010
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

Allylix

Venture Round in 2007
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.

AllTranz

Series A in 2007
AllTranz is a specialty pharmaceutical company developing a unique set of dermal delivery products utilizing two proprietary technology platforms consisting of prodrug development and microneedle formulations. AllTranz will be a leader in the development of innovative drug design strategies delivered via unique dermal product solutions to treat neurological and a variety of other disorders. The broad range of offerings includes solutions for pain modulation, appetite stimulation, smoking cessation, substitution treatment for opiate addiction, as well as alcohol abuse, and abuse deterrent formulations for opiates. AllTranz will utilize its unique dermal drug delivery technology to develop its own products for broad market appeal, as well as partner with pharmaceutical companies seeking to leverage the AllTranz technology platform to improve delivery of existing drugs to form new chemical entities thereby extending patent franchises.

Mersive

Series A in 2006
Mersive Technologies, Inc. is a provider of wireless media streaming and collaboration software tailored for corporate, education, and government sectors. The company's flagship product, Solstice, allows multiple users to connect wirelessly to shared displays from various devices, enhancing collaboration in meeting spaces. Accompanying Solstice is the Solstice Dashboard, which enables IT administrators to manage and monitor Solstice deployments effectively. Additionally, Mersive offers Solstice Discovery Services to facilitate secure connections to displays and Kepler, a cloud-based platform that provides analytics on meeting space usage and collaboration efficiency. Together, these solutions transform traditional conference rooms and classrooms into dynamic, interactive environments, fostering creativity and improving productivity. Founded in 2004 and based in Denver, Colorado, Mersive serves its customers through a network of authorized resellers.

Allylix

Series A in 2005
Allylix, Inc., an early stage biotechnology company, develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural, and biofuel markets. Its products comprise nootkatone, which is a grapefruit flavor that is used in fruit juices and citrus flavored sodas. The company also develops sesquiterpenes that are part of aroma chemical segment of the flavor and fragrance market; and production platforms for pharmaceutical, nutraceutical, and agricultural markets. Allylix, Inc. was founded in 2002 and is based in San Diego, California with research and development laboratories in Lexington, Kentucky.
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