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.

Past deals in Tennessee

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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