Tech Council Ventures

Tech Council Ventures, founded in 2000 and based in Summit, New Jersey, focuses on early-stage venture capital investments across the United States. Formerly known as NJTC Venture Fund, the firm targets seed, series A, and expansion stage investments in sectors such as advanced materials, energy, information technology, and healthcare. By partnering with entrepreneurs, Tech Council Ventures aims to build innovative businesses that not only deliver strong returns for investors but also contribute to economic growth in the community. The firm operates as a Registered Investment Adviser, managing a venture capital fund dedicated to fostering the development of promising startups.

Jim Gunton

General Partner

James Gunton

Founder and Managing Partner

Mark Kolb

Partner

Stephen Socolof

Managing Partner

6 past transactions

CareAlign

Seed Round in 2021
TrekIT provides clinicians with an intuitive, patient-centric task management tool to track, manage and coordinate clinical care. Easily assign, date and time tasks, categorize them for when they are due, view cleared tasks and more.

Kintra Fibers

Seed Round in 2020
Kintra Fibers, Inc. is a material science company based in Brooklyn, New York, that specializes in manufacturing bio-synthetic fabrics and yarns for the fashion industry. Founded in 2018, the company has developed a proprietary bio-based and compostable polymer that provides an alternative to fossil fuel-based textiles, which dominate the global fiber market. Kintra's materials are designed to match the performance and pricing of traditional synthetics while addressing significant environmental concerns such as microfiber pollution. Their innovative fibers can be integrated into existing manufacturing processes and are suitable for chemical and mechanical recycling or industrial composting. By enabling circularity and facilitating the digestion of its materials into CO2 and water within wastewater treatment facilities, Kintra Fibers aims to contribute to cleaner oceans and soil, promoting sustainability in the textile industry.

CareAlign

Seed Round in 2020
TrekIT provides clinicians with an intuitive, patient-centric task management tool to track, manage and coordinate clinical care. Easily assign, date and time tasks, categorize them for when they are due, view cleared tasks and more.

ChoiceWORX

Seed Round in 2020
ChoiceWORX, Inc. is an automation software company specializing in IT operations. Founded in 2017 and based in New York, it offers AI-driven solutions designed to enhance end-user support and robotic process automation (RPA) management. Its flagship products include apptinuum, which focuses on intelligent automation for device management and user support, and robotinuu, which manages robotic automation across various IT layers. ChoiceWORX's platforms leverage advanced artificial intelligence to help organizations reduce costs, improve productivity, and decrease reliance on human labor, positioning the company as a transformative player in the field of IT automation.

Princeton Identity

Venture Round in 2019
Princeton Identity Inc. specializes in biometric identity management, focusing on the manufacturing of biometric equipment such as iris and face recognition devices. The company develops advanced access control security systems and identification solutions, complemented by a software platform that facilitates identity management through an intuitive interface. This platform supports multimodal and multifactor biometric identification, including iris recognition and PIN verification. Established in 2016 and based in Hamilton, New Jersey, with an additional office in Dubai, Princeton Identity emerged as an independent venture after spinning off from SRI International. The company's technology aims to enhance security accuracy, reliability, and convenience for businesses and organizations worldwide.

Forefront TeleCare

Series A in 2019
Forefront TeleCare, Inc. is a leading provider of HIPAA-compliant telehealth services focused on behavioral health care in the United States. Founded in 2005 and based in Novato, California, the company specializes in delivering telepsychiatry, telepsychology, and telepsychotherapy services, particularly to small and rural healthcare facilities. Forefront TeleCare offers a comprehensive solution that includes in-facility equipment, training, scheduling, and technical support, ensuring secure and reliable audio/video connections between healthcare providers and patients. The company serves a diverse client base, including skilled nursing facilities and clinics across 18 states, and collaborates with a network of psychiatrists, clinical psychologists, and psychiatric nurse practitioners. By integrating behavioral health support into the overall care team, Forefront TeleCare aims to enhance the quality of life for seniors and individuals requiring psychiatric services.
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