XMi High Growth Development Fund

XMi High Growth Development Fund, LLC is a venture capital and private equity firm based in Nashville, Tennessee, and serves as the investment arm of XMi Holdings, Inc. The fund specializes in seed, start-up, early-stage, and growth capital investments, as well as buyouts and ownership restructuring. It focuses on investing in sectors such as healthcare, clean energy, automotive, manufacturing, logistics, business services, and technology. The firm does not engage in investments related to professional services such as accounting or law, banking, real estate development, insurance, oil and gas exploration, or gambling activities. XMi High Growth Development Fund is dedicated to supporting woman-owned and minority-owned businesses, providing them with minority equity or convertible debt investments. In addition to capital, the fund offers various support services that help portfolio companies enhance operational efficiency and focus on revenue generation, fostering scalable and sustainable growth.

David Belitz

Partner

Christopher Booker

Director of Corporate Development

25 past transactions

Hytch Rewards

Venture Round in 2018
Hytch Rewards is a mobile application that incentivizes users to share rides via carpooling, ride-sharing, or public transit. Users earn 'Trees Saved' for each shared mile and can also receive cash rewards if they live in sponsored areas or work for an employee sponsor.

AudiencePoint

Convertible Note in 2015
Founded in 2010, AudiencePoint specializes in optimizing communication strategies across various platforms. Its proprietary tool analyzes user engagement with emails and social networks to predict optimal delivery times, enhancing deliverability, open rates, click-throughs, and conversions.

AudiencePoint

Series A in 2014
Founded in 2010, AudiencePoint specializes in optimizing communication strategies across various platforms. Its proprietary tool analyzes user engagement with emails and social networks to predict optimal delivery times, enhancing deliverability, open rates, click-throughs, and conversions.

Vendor Registry

Seed Round in 2014
Vendor Registry is a cloud-based platform designed to simplify the vendor registration process for local governments and institutions. By standardizing and centralizing traditionally paper-intensive workflows, the company aims to alleviate the burdens of repetitive paperwork that both vendors and government entities often face. This streamlined approach facilitates connections between vendors and governments, enhancing compliance and fostering competitive bidding. The platform is particularly beneficial for local small businesses, as it helps them generate new revenue opportunities while enabling governments to operate more efficiently with reduced costs. Ultimately, Vendor Registry seeks to create a mutually beneficial environment that supports both vendors and purchasing departments in managing taxpayer dollars more effectively.

Dataium

Seed Round in 2014
Dataium, LLC is a leading provider of online automotive shopping analytics, headquartered in Nashville, Tennessee. Founded in 2009, the company specializes in aggregating and analyzing automotive shopper behavior across various online platforms. With a monthly reach of over 20 million consumers, Dataium collects, indexes, and summarizes data to deliver valuable insights into consumer behavior, market trends, and competitor performance. Its offerings include a suite of data utilities that facilitate contact-at-once chat integration, conversion optimization analysis, and access to a comprehensive data library. Additionally, Dataium provides an Enterprise Reporting Suite, a browser-based business intelligence tool that enables users to analyze the data collected through its utilities. By transforming raw data into actionable insights, Dataium supports its customers in making informed decisions in the automotive industry.

BorderJump

Seed Round in 2014
BorderJump, LLC is a technology company based in Nashville, Tennessee, specializing in facilitating international sales for U.S. retailers. Founded in 2008, it operates an API-driven platform that provides a suite of tools to help merchants sell their products effectively in Tennessee and global markets. The platform offers real-time duty and tax calculations, multi-currency payment processing, and export compliance solutions. Additionally, BorderJump manages logistics for international shipping and provides localized marketing services to enhance the customer shopping experience. Its product offerings include BorderPay, an API-driven payment platform for accepting various payment methods; BorderShip, which enables retailers to display guaranteed landed costs; and BorderMedia, which helps businesses reach global audiences through an advertising network. The company has established strategic partnerships with several organizations to enhance its services and support retailers in expanding their international presence.

MyWerx

Seed Round in 2013
MyWerx LLC is a technology company based in Nashville, Tennessee, founded in 2008, that specializes in developing cloud computing software solutions aimed at optimizing copyright ownership identification. The company's platform features a validated-wiki copyright registry, allowing creators to post and validate their works free of charge, thereby aiding them and their representatives in organizing their portfolios. Through its automated email communication system, MyWerx facilitates collaboration among creators associated with a work, ensuring that ownership interests are clearly defined and agreed upon. The user-friendly interface simplifies the validation of critical information such as titles and authors, enhancing the transparency of ownership splits. MyWerx's services are particularly relevant in an increasingly digital landscape, where the necessity for accurate copyright information is paramount due to the proliferation of online content creation. Future developments will enhance the platform's capabilities to include communication tools for business representatives and the tracking of copyright ownership transfers, thereby providing comprehensive support to the global copyright community.

Agisent Technologies

Seed Round in 2013
Agisent provides advanced technology solutions that save lives. Agisent’s advanced solutions for Police, Sheriff, and Public Safety departments combine power, performance, and flexibility in a mix-and-match environment that is simple and easy to use and accessible to departments of all sizes. The company’s core technology platform leverages more than 20 years of law enforcement experience with some of the most advanced technology available anywhere. It was specifically designed to provide end-to-end solutions for even the most demanding requirements.

Dataium

Seed Round in 2013
Dataium, LLC is a leading provider of online automotive shopping analytics, headquartered in Nashville, Tennessee. Founded in 2009, the company specializes in aggregating and analyzing automotive shopper behavior across various online platforms. With a monthly reach of over 20 million consumers, Dataium collects, indexes, and summarizes data to deliver valuable insights into consumer behavior, market trends, and competitor performance. Its offerings include a suite of data utilities that facilitate contact-at-once chat integration, conversion optimization analysis, and access to a comprehensive data library. Additionally, Dataium provides an Enterprise Reporting Suite, a browser-based business intelligence tool that enables users to analyze the data collected through its utilities. By transforming raw data into actionable insights, Dataium supports its customers in making informed decisions in the automotive industry.

BorderJump

Seed Round in 2013
BorderJump, LLC is a technology company based in Nashville, Tennessee, specializing in facilitating international sales for U.S. retailers. Founded in 2008, it operates an API-driven platform that provides a suite of tools to help merchants sell their products effectively in Tennessee and global markets. The platform offers real-time duty and tax calculations, multi-currency payment processing, and export compliance solutions. Additionally, BorderJump manages logistics for international shipping and provides localized marketing services to enhance the customer shopping experience. Its product offerings include BorderPay, an API-driven payment platform for accepting various payment methods; BorderShip, which enables retailers to display guaranteed landed costs; and BorderMedia, which helps businesses reach global audiences through an advertising network. The company has established strategic partnerships with several organizations to enhance its services and support retailers in expanding their international presence.

Ncontracts

Seed Round in 2013
Ncontracts LLC is a provider of web-based software and data management services tailored for banks, financial institutions, healthcare organizations, and the entertainment industry in the United States. Founded in 2009 and based in Brentwood, Tennessee, the company specializes in risk management and compliance solutions. Its offerings include Ncontracts, a vendor management solution that helps organizations oversee third-party vendors and ensure regulatory compliance; Nverify, an automated auditing tool that enhances the audit process; and Ncomply, a system designed to facilitate compliance management. Additionally, Ncontracts assists clients with various aspects of vendor management, including policy consulting, classification, contract management, due diligence documentation, risk assessment, and monitoring. The company was previously known as Network Contract Solutions, LLC until its name change in September 2012.

BorderJump

Seed Round in 2013
BorderJump, LLC is a technology company based in Nashville, Tennessee, specializing in facilitating international sales for U.S. retailers. Founded in 2008, it operates an API-driven platform that provides a suite of tools to help merchants sell their products effectively in Tennessee and global markets. The platform offers real-time duty and tax calculations, multi-currency payment processing, and export compliance solutions. Additionally, BorderJump manages logistics for international shipping and provides localized marketing services to enhance the customer shopping experience. Its product offerings include BorderPay, an API-driven payment platform for accepting various payment methods; BorderShip, which enables retailers to display guaranteed landed costs; and BorderMedia, which helps businesses reach global audiences through an advertising network. The company has established strategic partnerships with several organizations to enhance its services and support retailers in expanding their international presence.

Dataium

Seed Round in 2012
Dataium, LLC is a leading provider of online automotive shopping analytics, headquartered in Nashville, Tennessee. Founded in 2009, the company specializes in aggregating and analyzing automotive shopper behavior across various online platforms. With a monthly reach of over 20 million consumers, Dataium collects, indexes, and summarizes data to deliver valuable insights into consumer behavior, market trends, and competitor performance. Its offerings include a suite of data utilities that facilitate contact-at-once chat integration, conversion optimization analysis, and access to a comprehensive data library. Additionally, Dataium provides an Enterprise Reporting Suite, a browser-based business intelligence tool that enables users to analyze the data collected through its utilities. By transforming raw data into actionable insights, Dataium supports its customers in making informed decisions in the automotive industry.

Gray Line Tennessee

Seed Round in 2012
Founded in 1974 by brothers Chris and Dennis Levering, Gray Line Tennessee began as a small sightseeing business serving Nashville hotels. By 1988, they merged with Gray Line of Nashville to enter the 'big bus business'. In 2001, following financial difficulties due to national events, the Levering family repurchased the company.

Stratasan

Seed Round in 2012
Stratasan, LLC is a provider of market intelligence specifically designed for hospitals and healthcare systems. Based in Nashville, Tennessee, the company offers a suite of software solutions that transform demographic and market data into actionable insights, facilitating informed decision-making. Its analytical platform includes tools such as Blackbird, a data query engine, and Canvas, a customizable report delivery system that provides financial insights and market projections across various healthcare settings. Stratasan's offerings support strategic planning, marketing, physician relations, and mergers and acquisitions, enabling healthcare organizations to optimize their growth strategies. Founded in 2010 and originally known as Health Data Source LLC, the company rebranded to Stratasan in July 2011.

Ncontracts

Seed Round in 2012
Ncontracts LLC is a provider of web-based software and data management services tailored for banks, financial institutions, healthcare organizations, and the entertainment industry in the United States. Founded in 2009 and based in Brentwood, Tennessee, the company specializes in risk management and compliance solutions. Its offerings include Ncontracts, a vendor management solution that helps organizations oversee third-party vendors and ensure regulatory compliance; Nverify, an automated auditing tool that enhances the audit process; and Ncomply, a system designed to facilitate compliance management. Additionally, Ncontracts assists clients with various aspects of vendor management, including policy consulting, classification, contract management, due diligence documentation, risk assessment, and monitoring. The company was previously known as Network Contract Solutions, LLC until its name change in September 2012.

Gray Line Tennessee

Venture Round in 2012
Founded in 1974 by brothers Chris and Dennis Levering, Gray Line Tennessee began as a small sightseeing business serving Nashville hotels. By 1988, they merged with Gray Line of Nashville to enter the 'big bus business'. In 2001, following financial difficulties due to national events, the Levering family repurchased the company.

BorderJump

Seed Round in 2012
BorderJump, LLC is a technology company based in Nashville, Tennessee, specializing in facilitating international sales for U.S. retailers. Founded in 2008, it operates an API-driven platform that provides a suite of tools to help merchants sell their products effectively in Tennessee and global markets. The platform offers real-time duty and tax calculations, multi-currency payment processing, and export compliance solutions. Additionally, BorderJump manages logistics for international shipping and provides localized marketing services to enhance the customer shopping experience. Its product offerings include BorderPay, an API-driven payment platform for accepting various payment methods; BorderShip, which enables retailers to display guaranteed landed costs; and BorderMedia, which helps businesses reach global audiences through an advertising network. The company has established strategic partnerships with several organizations to enhance its services and support retailers in expanding their international presence.

Stratasan

Seed Round in 2012
Stratasan, LLC is a provider of market intelligence specifically designed for hospitals and healthcare systems. Based in Nashville, Tennessee, the company offers a suite of software solutions that transform demographic and market data into actionable insights, facilitating informed decision-making. Its analytical platform includes tools such as Blackbird, a data query engine, and Canvas, a customizable report delivery system that provides financial insights and market projections across various healthcare settings. Stratasan's offerings support strategic planning, marketing, physician relations, and mergers and acquisitions, enabling healthcare organizations to optimize their growth strategies. Founded in 2010 and originally known as Health Data Source LLC, the company rebranded to Stratasan in July 2011.

Agisent Technologies

Seed Round in 2012
Agisent provides advanced technology solutions that save lives. Agisent’s advanced solutions for Police, Sheriff, and Public Safety departments combine power, performance, and flexibility in a mix-and-match environment that is simple and easy to use and accessible to departments of all sizes. The company’s core technology platform leverages more than 20 years of law enforcement experience with some of the most advanced technology available anywhere. It was specifically designed to provide end-to-end solutions for even the most demanding requirements.

BorderJump

Seed Round in 2012
BorderJump, LLC is a technology company based in Nashville, Tennessee, specializing in facilitating international sales for U.S. retailers. Founded in 2008, it operates an API-driven platform that provides a suite of tools to help merchants sell their products effectively in Tennessee and global markets. The platform offers real-time duty and tax calculations, multi-currency payment processing, and export compliance solutions. Additionally, BorderJump manages logistics for international shipping and provides localized marketing services to enhance the customer shopping experience. Its product offerings include BorderPay, an API-driven payment platform for accepting various payment methods; BorderShip, which enables retailers to display guaranteed landed costs; and BorderMedia, which helps businesses reach global audiences through an advertising network. The company has established strategic partnerships with several organizations to enhance its services and support retailers in expanding their international presence.

ProviderTrust

Series B in 2012
ProviderTrust offers a SaaS platform that automates healthcare compliance tasks. It specializes in exclusion list checks, license verifications, sanction screening, and vendor monitoring for providers, organizations, and staffing agencies in the U.S.

Criterion Security

Seed Round in 2012
Criterion Security, one of the fastest growing security companies in the United States. Their mission is to provide professional, personalized, and cost effective security programs that protect their clients’ property, assets, and employees. They do this by employing a highly trained, professional workforce that utilizes a 10 point “best practices” approach emphasizing: customer service; high quality contract performance; a superior work environment for their staff; and the ability to improve their services through client satisfaction surveys and performance evaluations.

Industrial Ceramic Solutions

Seed Round in 2011
Industrial Ceramic Solutions, LLC is a manufacturer specializing in air pollution control equipment, particularly for industrial and diesel exhaust filter applications. Founded in 1997 and based in Oak Ridge, Tennessee, the company offers a range of products including diesel particulate filters, high-temperature exhaust filters, and devices for air, gas, odor, and smoke control. The founder, Richard Nixdorf, has over 40 years of experience in materials development, particularly in ceramics, metals, and polymers. His work led to innovations such as a silicon carbide fiber that can rapidly convert microwave energy to thermal energy, initially aimed at addressing regulatory requirements for diesel engine particulate filters. Although early attempts to utilize microwave energy for filter regeneration faced challenges, the company's products gained significant interest from major automotive suppliers. In 2007, a Fortune 100 company secured an exclusive license to manufacture the diesel particulate filter developed by ICS, although this agreement concluded in 2008 due to market conditions. Today, Industrial Ceramic Solutions continues to focus on advanced filtration technologies to meet evolving industrial needs.

ProviderTrust

Seed Round in 2010
ProviderTrust offers a SaaS platform that automates healthcare compliance tasks. It specializes in exclusion list checks, license verifications, sanction screening, and vendor monitoring for providers, organizations, and staffing agencies in the U.S.
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