Black Point Group

Black Point Group is a private equity firm based in Portland, Maine, founded in 2007. The firm specializes in investments in both public and private growth companies, with a focus on sectors such as life sciences, healthcare, technology, pharmaceuticals, cloud computing, and biotechnology. Black Point Group aims to create long-term value through active involvement in its portfolio companies, leveraging its operational and investment expertise. Additionally, the firm is committed to significant engagement in public service initiatives.

Benjamin Shaw

Founding Partner

David Evans Shaw

CEO

6 past transactions

Ovation

Series B in 2020
Ovation Life Sciences, LLC is a Cambridge, Massachusetts-based company that specializes in providing data and operational solutions for the life sciences industry, particularly in molecular diagnostic laboratories. Founded in 2009, Ovation develops a cloud-based laboratory information management system (LIMS) designed to streamline lab workflows, sample tracking, document management, and personnel training. Its offerings include Ovation Research, which facilitates data curation and collaboration among researchers, and Ovation Service Lab, which provides comprehensive client management and workflow solutions for service labs. By integrating essential functionalities such as billing, revenue cycle management, and business analytics, Ovation supports academic labs, biotech companies, research consortia, and clinical diagnostic labs in enhancing their operational efficiency and data management capabilities.

MyTaskit

Seed Round in 2016
MyTaskit is a technology company that enhances task management and coordination between service providers and consumers through online and mobile tools. Originally focused on the boating industry, MyTaskit aims to improve how customers maintain and operate their valued assets by streamlining communication and task coordination. The company's initial product, The Boat Village, launched in 2012, served as a comprehensive platform for managing interactions in the marine sector. Following the acquisition of DockMaster in 2013, MyTaskit integrated these solutions to create MyTaskit Pro, a versatile software designed for various local service businesses, including boat yards, RV repair centers, and contractors. MyTaskit Pro facilitates customer service and back-office operations such as work order processing and billing. Additionally, MyTaskit has expanded its consumer offerings, enabling users to organize tasks and collaborate effectively across various aspects of their lives. By automating communication and task management, MyTaskit enhances customer loyalty and operational efficiency for service providers while simplifying life for consumers.

PebblePost

Convertible Note in 2015
PebblePost, Inc. is a New York-based company that operates a digital-to-direct mail marketing platform. Established in 2014, PebblePost specializes in transforming online consumer behavior into targeted direct mail campaigns. By leveraging online interest and intent data, the company sends personalized direct mail that aims to activate purchasing decisions and enhance conversion rates. PebblePost is known for its innovation in Programmatic Direct Mail, which utilizes advanced targeting and algorithmic optimization techniques. The platform integrates various marketing functions, including segmentation, campaign management, production, analytics, and optimization, allowing brands to effectively engage consumers through tailored media impressions delivered to their homes.

PebblePost

Seed Round in 2014
PebblePost, Inc. is a New York-based company that operates a digital-to-direct mail marketing platform. Established in 2014, PebblePost specializes in transforming online consumer behavior into targeted direct mail campaigns. By leveraging online interest and intent data, the company sends personalized direct mail that aims to activate purchasing decisions and enhance conversion rates. PebblePost is known for its innovation in Programmatic Direct Mail, which utilizes advanced targeting and algorithmic optimization techniques. The platform integrates various marketing functions, including segmentation, campaign management, production, analytics, and optimization, allowing brands to effectively engage consumers through tailored media impressions delivered to their homes.

Modern Meadow

Series A in 2014
Modern Meadow, LLC is a biofabrication company established in 2011 and headquartered in Brooklyn, New York. The company specializes in producing animal-free leather and other cultured products, such as meat alternatives, through innovative methods that eliminate the need for animal slaughter. By utilizing living cells and fermentation-based processes, Modern Meadow develops lightweight materials that provide superior color, performance, and durability, while also promoting lab-to-brand traceability. Their approach significantly reduces the inputs of land, water, energy, and chemicals, contributing to lower greenhouse gas emissions. This focus on sustainability enables customers to maintain the quality and appearance of materials without relying on petrochemical inputs or animal-derived substances.

Ikaria

Series B in 2007
Ikaria is an integrated critical care company dedicated to developing and delivering innovative therapeutics and interventions for critically ill patients. The company focuses on creating advanced therapies that address the unique and complex medical needs of these patients. By providing essential support to clinicians, Ikaria aims to enhance patient care at critical moments, positioning itself as a vital partner in the healthcare ecosystem.
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