Conscious Venture Lab

Conscious Venture Lab is an early-stage business accelerator based in Baltimore, Maryland, established in 2013 to support the creation of purpose-driven companies. The organization focuses on empowering entrepreneurs who aim to leverage capitalism to foster a more just, joyful, and equitable society. It specializes in sectors such as cybersecurity, biotechnology, technology-enhanced professional services, hospitality, consumer products, and various technology applications. The accelerator offers a six-month program and typically invests between $25,000 and $50,000, taking an equity stake of 5 to 10 percent. The curriculum is informed by leading thinkers in "Conscious Capitalism," and the initiative is dedicated to honoring the legacy of David B. Wolfe, a mentor to its founder, Jeff Cherry. Conscious Venture Lab aims to develop "Companies that Matter," reinforcing its commitment to social impact through entrepreneurship.

Jeffrey Cherry

Founder and CEO

22 past transactions

Pons

Pre Seed Round in 2022
PONS is a company specializing in the development of artificial intelligence to enhance ultrasound imaging, particularly for brain diagnostics. Utilizing machine learning algorithms, PONS transforms traditional ultrasound systems into smart, AI-driven diagnostic tools that improve scan resolution, tissue contrast, and noise reduction. This innovation aims to provide expert-level insights without the need for costly new hardware. The company's primary objective is to create a wearable ultrasound device to assist first responders and ambulance doctors with pre-diagnostics in challenging circumstances, facilitating early disease detection and preventive screening. By focusing on important anatomical features in ultrasound scans, PONS seeks to advance the capabilities of ultrasound technology in neurosurgery and related fields.

EcoMap

Seed Round in 2022
EcoMap is an entrepreneurial ecosystem platform that utilizes advanced algorithms and artificial intelligence to support entrepreneurs in locating essential resources for startups, small businesses, and nonprofits within their local communities. By centralizing information about organizations, funding opportunities, mentorship programs, and other relevant activities, EcoMap creates a comprehensive and continually updated resource portal. This enables entrepreneurs to efficiently navigate their local innovation ecosystems while empowering ecosystem builders to make informed, data-driven decisions for community development. Through its innovative approach, EcoMap strives to enhance the entrepreneurial landscape by ensuring that vital resources are easily accessible and effectively organized.

Givhero

Seed Round in 2022
Givhero develops an innovative social wellness platform designed to leverage causes that employees care about and increase their engagement in activities. The platform allows employers to deliver meaningful motivation, by sponsoring employees' health goals and rewarding their achievements by supporting their favorite causes, thereby, enabling employees to increase their healthy activities, productivity, and reduce long-term insurance costs.

Sage SEO

Angel Round in 2022
Sage is a new startup with the simple concept of providing advice to people who need it. Objective questions are easily answered with simple Google searches. But when the question is more complex or requires opinion or experience, or an amalgamation of knowledge, Google fails miserably. Then we head to other sites like Quora, Reddit, LegalZoom, Stackoverflow.com, etc. But too many problems exist with each of those options and others of similar ilk. Quora fails to meet the timely response and 1 on 1 experience many questions require. Legalzoom only answers legal questions. Stackoverflow.com requires you to already be a talented programmer before they will “allow” you to ask anything at all in the forums. Sage seeks to be a transactional experience. Do you have a question? We can get you an answer. Timely, on-demand, and from merit-based experts. We don’t “verify” Sages (experts). We allow the system we’ve created and put in place to verify them based on their own merit. If someone says they are a Sage in gardening, but they can’t answer a simple question about sunflowers, it’s likely their reputation score will take such a hit that other Seekers (users with questions) will turn to a different person to get their next gardening question answered. And that’s how we thrive and deliver a service others need. Our initial goal will be to reach a critical mass of Sages and Seekers to where 50% of our questions are answered to a competent level. As we grow our participation, that number should rise to closer to 80%, while delighting our users. Quora can’t touch that!

Parkofon

Seed Round in 2021
Parkofon Inc. specializes in an automated parking payment and guidance system designed to simplify the parking experience for urban drivers. Founded in 2016 and based in Alexandria, Virginia, the company offers a mobile application along with a device that users install in their vehicles. This technology directs drivers to available parking spaces in real time and charges them only for the duration of their parking. By addressing the challenges of urban parking, Parkofon aims to reduce congestion, lower pollution levels, and enhance overall economic efficiency in city commuting. The platform reflects the growing need for effective mobility solutions in increasingly crowded urban environments.

Danae

Seed Round in 2021
Danae, Inc. is a company based in Baltimore, Maryland, that specializes in manufacturing prosthetic covers for amputees. Founded in 2016, Danae aims to transform the traditional approach to prosthetics by allowing individuals to personalize their devices according to their aesthetic preferences. The company has developed a mobile and desktop application that enables users to customize prosthetic covers, thereby fostering a sense of individuality and self-expression. In addition to its focus on design, Danae utilizes advanced three-dimensional printing technology to create high-quality, tailored prosthetic parts, particularly for lower limb amputees. The company's mission is to empower users to take control over the appearance of their prosthetics, moving beyond functionality to celebrate personal identity.

Fearless Sports

Seed Round in 2021
Fearless Sports is a local apparel company.

LifeTagger

Pre Seed Round in 2021
LifeTagger operates a proximity-based content sharing platform designed to facilitate the creation, distribution, and reception of location-specific content. The platform allows businesses to develop multiple social tiles and initiate dynamic processes or workflows through user scans of LifeCodes. By integrating with existing business systems, LifeTagger provides comprehensive data and analytics on user interactions, including who is scanning, where, and how frequently. This capability enables businesses to track user engagement effectively and leverage insights to enhance their marketing strategies.

Awana

Pre Seed Round in 2021
Hire Llama is a recruiting firm based in New York City, New York. The firm specializes in sourcing, vetting, and hiring qualified engineers from across the Americas. The firm's services include writing job descriptions, sourcing candidates, optimizing recruitment marketing tactics, conducting phone screens and video interviews, and prepping offer letters and closing contracts.

Treason Toting Company

Seed Round in 2017
Treason Toting Company is an e-commerce company that offers fashion accessories for retailers and consumers. The company was founded by Aaron Jones and Jason Bass in 2013.

Ujoin

Seed Round in 2017
Ujoin, Inc. operates a software as a service (SaaS) platform designed to assist nonprofits and businesses in building and managing their email lists to effectively advocate for policy issues. Founded in 2014 and based in Burlingame, California, the platform enables organizations to create action pages that facilitate the sending of customized messages through video and social media to government officials. Ujoin also offers bill tracking and alerts to keep users informed about relevant legislative developments. As a for-profit social benefit company, Ujoin aims to provide a valuable advocacy and email management solution specifically tailored for small to mid-sized organizations, while also establishing a nonprofit educational arm.

The Cube Cowork

Seed Round in 2017
The Cube Cowork LLC, incorporated in 2016 and based in Baltimore, Maryland, offers a unique co-working space tailored for entrepreneurs, particularly parents. It provides private office rentals, coworking memberships, and virtual mailing addresses, fostering an environment where business and family life can coexist harmoniously. The facility features a communal workspace, meeting rooms, and high-speed Wi-Fi, alongside a dedicated play area for children, equipped with eco-friendly toys and supervised by CPR-certified staff. The Cube Cowork aims to support parents in pursuing their career ambitions while balancing family responsibilities, promoting a culture where managing both roles is normalized and encouraged.

Parkofon

Seed Round in 2017
Parkofon Inc. specializes in an automated parking payment and guidance system designed to simplify the parking experience for urban drivers. Founded in 2016 and based in Alexandria, Virginia, the company offers a mobile application along with a device that users install in their vehicles. This technology directs drivers to available parking spaces in real time and charges them only for the duration of their parking. By addressing the challenges of urban parking, Parkofon aims to reduce congestion, lower pollution levels, and enhance overall economic efficiency in city commuting. The platform reflects the growing need for effective mobility solutions in increasingly crowded urban environments.

Going Green Today

Seed Round in 2014
Going Green Today is a community-based Internet site that provides its users with products, services & credits that help them go “green”. It does this through a unique personalization engine that guides the user through a 90-day action plan to “green” their life. This allows them savings of both cash & carbon and later the potential to participate on the carbon credit exchanges. Its unique approach tackles the hard problem of behavior change at a personal level. It does this through applying game theory. First, a quiz & action plan generates user engagement with community engagement, friendly competition & game mechanics as subsequent engagement tools.

Zest

Seed Round in 2014
Zest is a social media monetization tool for food bloggers. It is based in Washington, District of Columbia, United States.

Hungry Harvest

Seed Round in 2014
Hungry Harvest LLC is a food and beverage company based in Baltimore, Maryland, founded in 2014. The company focuses on reducing food waste and combating hunger in the United States by sourcing and delivering surplus produce. Hungry Harvest offers a variety of customizable boxes filled with organic and recovered fruits and vegetables, which are delivered to customers on a weekly or bi-weekly basis. The company serves the Baltimore area, as well as the District of Columbia and Philadelphia, providing fresh produce directly to consumers while ensuring that farmers receive compensation for their excess harvest.

CoderLoan

Seed Round in 2014
CoderLoan is an online educational platform helping students to connect with financial institutions and apply for educational loans. It also connects students with prospective recruiters to help them secure jobs in a more convenient way. CoderLoan takes a percentage from the loan and a fee from the companies, which recruit the students through its platform, as revenue streams. Co-founders Matt Palen, Micheal Martin, and Natasha Rajpal established the company in 2013 in New York, New York.

Self Spark

Seed Round in 2014
Self Spark is a social enterprise based in Columbia, Maryland, that focuses on helping individuals achieve measurable personal changes through science-based methods. Established in 2012 by James Norris, the organization collaborates with behavior change scientists and innovators to create effective strategies for self-improvement. Self Spark promotes open science by sharing research findings and raw data publicly, ensuring transparency and accessibility. The company offers a range of programs, including two-day, one-day, half-day, and keynote events, providing participants with hands-on assistance and practical tools to facilitate lasting change. Through its focus on innovative life hacks and technology, Self Spark empowers individuals to enhance their well-being and personal development.

Shenami

Seed Round in 2014
Shenami believes a woman is a powerful force to be reckoned with. The success of a woman business owner produces a ripple effect, impacting her family, employees and community. As ripples of success come together, their combined power can transform society.

Spend Consciously

Seed Round in 2014
Spend Consciously, Inc. is a Washington, D.C.-based company founded in 2012 that focuses on developing mobile applications and web-based platforms to align consumer spending with personal values. One of its key offerings is BuyPartisan, an application that fosters a two-way relationship between consumers and companies by allowing users to scan product barcodes to view the political spending associated with their purchases. The app also enables users to buy products, explore alternatives, and share information with friends. In addition to serving individual consumers, Spend Consciously helps corporations assess the effectiveness of their corporate social responsibility initiatives and capitalize on new marketing opportunities at the point of sale.

Shea Radiance

Seed Round in 2014
Shea Radiance is a manufacturer of premium hair and body care products that harness the benefits of shea butter as a key ingredient. Founded from a family's quest for natural solutions to dry and eczema-prone skin, the company emphasizes the use of high-quality, handcrafted products that combine shea butter with other fine natural ingredients. Sourced from West Africa, where shea butter is traditionally known as "Women's Gold," the company partners with local women producers, empowering them to maintain financial independence through the sale of shea butter. This collaboration not only provides effective skincare solutions but also supports women's economic stability, enabling them to provide for their families. With over eight years of experience in formulating natural products, Shea Radiance is committed to delivering high-performance beauty solutions that reflect traditional wisdom while enhancing the health of hair and skin. By prioritizing exceptional ingredients and ethical sourcing, Shea Radiance aims to create transformative impacts within communities, reinforcing the belief that a great jar of cream can indeed change the world.
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