Valley Growth Ventures

Valley Growth Ventures is a venture capital firm established in 2015 and based in Youngstown, Ohio. It focuses on supporting high-growth, early-stage companies, particularly in the Mahoning Valley region. The firm prioritizes investments in various sectors, including software, information technology, healthcare, energy, additive manufacturing, and advanced materials, with a preference for seed-stage opportunities. Formed through collaboration among five local organizations, Valley Growth Ventures aims to stimulate regional economic development by nurturing local startups and attracting out-of-region companies to relocate to the Mahoning Valley. By leveraging the expertise and resources of its investment team and partner organizations, the firm strives to cultivate successful businesses and deliver significant returns for its investors.

Ernie knight

Managing Director

8 past transactions

TonDone

Seed Round in 2022
TonDone is the amazingly simple building and facility service software. Frontline employees can manage their assigned work with a single click. Managers get immediate and accurate insights into their complete business operations.

S4 Medical

Venture Round in 2020
S4 Medical Corp is a medical device company based in Cleveland, Ohio, founded in 2017. The company specializes in developing innovative solutions for catheter ablation treatment of atrial fibrillation. Its flagship product, the eSolution device, is designed to reduce complications to the esophagus during these procedures, enhancing patient safety and outcomes. S4 Medical focuses on addressing the challenges associated with cardiac procedures by providing effective protective measures during catheter ablation.

MedPilot

Seed Round in 2019
MedPilot Inc. is a Cleveland-based company that provides an AI-driven patient relationship management platform focused on streamlining administrative and billing processes within healthcare. Founded in 2014, MedPilot's software utilizes data science and behavioral targeting to enhance patient engagement, offering personalized communication strategies to improve billing and collections departments' efficiency. The platform facilitates medical payments through features such as billing discounts, customizable payment plans, and advocacy services, helping patients resolve outstanding balances while optimizing their overall experience. Additionally, MedPilot’s analytics reporting tools are designed to boost the productivity of both in-house and third-party call centers, ensuring a more effective approach to managing patient payments.

MedaSync

Pre Seed Round in 2018
MedaSync LLC, based in Cleveland, Ohio, offers a software solution specifically designed for nursing homes to effectively manage their rising operational costs. The software analyzes clinical, financial, and insurance data in real-time, enabling operators to streamline their services and identify cost-saving opportunities throughout the patient care process, from admission to discharge. By automating and optimizing revenue operations, MedaSync assists skilled nursing facilities in addressing challenges related to Medicare, Medicaid, and managed care. This comprehensive approach allows healthcare businesses to evaluate historical and real-time data, supporting informed decision-making and enhancing overall operational efficiency.

S4 Medical

Seed Round in 2018
S4 Medical Corp is a medical device company based in Cleveland, Ohio, founded in 2017. The company specializes in developing innovative solutions for catheter ablation treatment of atrial fibrillation. Its flagship product, the eSolution device, is designed to reduce complications to the esophagus during these procedures, enhancing patient safety and outcomes. S4 Medical focuses on addressing the challenges associated with cardiac procedures by providing effective protective measures during catheter ablation.

MedPilot

Seed Round in 2018
MedPilot Inc. is a Cleveland-based company that provides an AI-driven patient relationship management platform focused on streamlining administrative and billing processes within healthcare. Founded in 2014, MedPilot's software utilizes data science and behavioral targeting to enhance patient engagement, offering personalized communication strategies to improve billing and collections departments' efficiency. The platform facilitates medical payments through features such as billing discounts, customizable payment plans, and advocacy services, helping patients resolve outstanding balances while optimizing their overall experience. Additionally, MedPilot’s analytics reporting tools are designed to boost the productivity of both in-house and third-party call centers, ensuring a more effective approach to managing patient payments.

DAtAnchor

Seed Round in 2018
DAtAnchor develops a novel crypto-technology that anchors the data consumption within the network boundaries, serving as a backstop against inevitable breaches. It provides a secure gateway to access the files in the cloud and the database, with the added features of revocability and physical access control, enabling efficient and automated data governance. DAtAnchor is a result of a multi-year research activity, developed at Ohio State University. The development team currently has 6 members, 4 of which are full-time. We have seed level funding for >1M and an advisory board with members at the senior vice president level in Fortune 500 companies.

S4 Medical

Seed Round in 2018
S4 Medical Corp is a medical device company based in Cleveland, Ohio, founded in 2017. The company specializes in developing innovative solutions for catheter ablation treatment of atrial fibrillation. Its flagship product, the eSolution device, is designed to reduce complications to the esophagus during these procedures, enhancing patient safety and outcomes. S4 Medical focuses on addressing the challenges associated with cardiac procedures by providing effective protective measures during catheter ablation.
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