Cowboy Technology Angels

Cowboy Technology Angels, LLC, is comprised of alumni and other friends of Oklahoma State University who desire to see the wealth of research, talent and innovation that the university has developed applied to help grow investor-ready entrepreneurs and their young companies. CTA is an independent investment fund separate from Oklahoma State University, its Alumni Association, its Foundation, and Cowboy Technologies, LLC. Each member of Cowboy Technology Angels is an accredited investor. Members are able to select their own investments. Each member’s invested capital is then aggregated in a CTA Series which in turn invests in one Portfolio Company. The Members of a Series decide together how to manage the investment in their Portfolio Company. Only Members of a Series bear the risk and participate in the gains and losses of their Portfolio Company investment. Members contribute $2,000 upon joining the Fund then thereafter only as investments are made. Cowboy Technology Angels is managed by Jim Troxel, OSU ’68, who leads WBTangels. CTA has partnered with WBTangels to facilitate the investment processes of CTA, provide connections to technology and capital, and tend to CTA administration.

7 past transactions

Vigilant Aerospace Systems

Debt Financing in 2019
Vigilant Aerospace Systems, Inc. is a technology company based in Oklahoma City, Oklahoma, that specializes in the licensing and commercialization of NASA flight safety technologies. Founded in 2015, the company develops and markets advanced situational awareness and collision avoidance products for both manned and unmanned aircraft. Its flagship avionics software platform, FlightHorizon, offers synthetic cockpit views and detect-and-avoid capabilities, utilizing a range of sensors including ADS-B in signals. Vigilant Aerospace is recognized as a leader in the development of multi-sensor detect-and-avoid systems and airspace management software for uncrewed aircraft systems (UAS), enabling safe and scalable autonomous flight beyond visual line of sight. The company's clientele includes prominent organizations such as NASA, the FAA, and the U.S. Department of Defense, as well as various drone development programs.

3530 Technologies / CreditCore

Angel Round in 2016
3530 Technologies has built a powerful, intuitive loan origination solution product suite comprised of CreditCore®_Consumer, CreditCore®_Business, CreditCore®_WebApp and CreditCore®_Indirect based on a platform that is mobile, flexible, and simple to implement. With their team's collective loan origination experience and expert guidance from industry partners, they've built the CreditCore® suite with all the flexibility a financial institution needs to enforce credit policy and ensure compliance, while remaining streamlined and easy to use.

Associated Material Processing

Convertible Note in 2015
Associated Material Processing, LLC specializes in the manufacture of chemical removal polymeric adsorbents aimed at purifying water. Established in 2011 and located in Stillwater, Oklahoma, the company produces proprietary products such as ERAsE 35, a granular mesh designed for the treatment of drinking water, groundwater, wastewater, and industrial applications, and ERAsE 50, a free-flowing powder used in filtration. The firm addresses the growing global issue of arsenic contamination, particularly in sectors like semiconductor manufacturing and processed foods, by providing low-cost media that effectively removes arsenic and other hazardous substances from various waste streams.

GroundMetrics

Convertible Note in 2015
GroundMetrics, Inc. specializes in developing land-based electromagnetic (EM) sensing systems and advanced data analytics for underground exploration and production. Founded in 2010 and based in San Diego, California, the company offers innovative technologies for resistivity and EM surveys, including controlled source EM and induced polarization methods. GroundMetrics serves various industries, including oil, gas, geothermal, and mining, providing essential survey and monitoring services that enhance decision-making and improve field development efforts. Their proprietary sensor technology facilitates precise and efficient reservoir imaging, making it suitable for time-lapse monitoring and applications in Improved Oil Recovery (IOR) and Enhanced Oil Recovery (EOR). GroundMetrics has established partnerships with clients worldwide, including government agencies such as the U.S. Department of Energy and the California Energy Commission, to support resource exploration and management.

GroundMetrics

Series B in 2014
GroundMetrics, Inc. specializes in developing land-based electromagnetic (EM) sensing systems and advanced data analytics for underground exploration and production. Founded in 2010 and based in San Diego, California, the company offers innovative technologies for resistivity and EM surveys, including controlled source EM and induced polarization methods. GroundMetrics serves various industries, including oil, gas, geothermal, and mining, providing essential survey and monitoring services that enhance decision-making and improve field development efforts. Their proprietary sensor technology facilitates precise and efficient reservoir imaging, making it suitable for time-lapse monitoring and applications in Improved Oil Recovery (IOR) and Enhanced Oil Recovery (EOR). GroundMetrics has established partnerships with clients worldwide, including government agencies such as the U.S. Department of Energy and the California Energy Commission, to support resource exploration and management.

Sensulin

Angel Round in 2014
Sensulin, LLC is an Oklahoma-based company that focuses on developing glucose-responsive insulin for the treatment of type I and type II diabetes. Utilizing its proprietary Agglomerated Vesicle Technology, the company creates a drug delivery platform that employs liposomes linked by a stimulus-responsive molecule. This innovative approach aims to mimic the functionality of a healthy human pancreas, potentially allowing for a true once-a-day insulin solution. Sensulin's insulin formulation seeks to eliminate the necessity for separate basal and prandial insulin, significantly reducing the need for glucose monitoring and multiple daily injections, thereby improving the quality of life for individuals living with diabetes. Established in 2011, Sensulin is dedicated to advancing diabetes care through its groundbreaking research and development efforts.
Associated Material Processing, LLC specializes in the manufacture of chemical removal polymeric adsorbents aimed at purifying water. Established in 2011 and located in Stillwater, Oklahoma, the company produces proprietary products such as ERAsE 35, a granular mesh designed for the treatment of drinking water, groundwater, wastewater, and industrial applications, and ERAsE 50, a free-flowing powder used in filtration. The firm addresses the growing global issue of arsenic contamination, particularly in sectors like semiconductor manufacturing and processed foods, by providing low-cost media that effectively removes arsenic and other hazardous substances from various waste streams.
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