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New Dominion Angels, LLC

Frank Ball

Founding Partner

Jeremy Bauman

MD

John May

Partner

Mike McGinley

Founding Partner

36 past transactions

Elevate K-12

Convertible Note in 2020
Elevate K-12 is passionate about creating high-quality teaching and learning opportunities for teachers and students. They are on a mission to make zip code free teaching available to all students, irrespective of where they live. They take pride in creating value and opportunities for children and women. Get ready for a new way to classroom!

MarginEdge Co.

Series B in 2021
MarginEdge Co. develops food and beverage tracking and analytics software for restaurants. It offers MarginEdge, a software solution for invoice management, recipe and product pricing, and food costs optimization. The company’s software also automates processes, connects systems; and streamlines key activities, such as inventory, cost-tracking, ordering, and recipes. MarginEdge Co. was formerly known as Invioso Co. The company was founded in 2015 and is based in Falls Church, Virginia.

VEDA Data Solutions, Inc.

Seed Round in 2017
VEDA Data Solutions, Inc. provides automated data science and machine learning solutions for healthcare directories. It offers Alchemy that automates workflow and improves the time to transform the network, rosters, and data files across the healthcare industry; and Sentinel offers a data monitoring engine that reads, interprets, translates, and exports various rows of roster or claims. VEDA Data Solutions, Inc. was founded in 2015 and is based in Washington, District Of Columbia with an additional location in Madison, Wisconsin.

RegScale

Venture Round in 2021

Amplio.ai

Angel Round in 2021
Amplio.ai, Inc. develops Progression Engine, a cloud based system that transforms information from fitness wearables into individualized daily training plans for cardio, strength, nutrition, and recovery. The company’s product is used by gyms, teams, trainers, coaches, and individual athletes. Amplio.ai, Inc. was incorporated in 2019 and is based in Chantilly, Virginia.

Mom Made Foods

Angel Round in 2009
Mom Made Foods, LLC operates as a producer and supplier of organic foods for children. Its products include organic frozen meals and snacks for children, as well as purées for babies. The company was founded in 2006 and is based in Alexandria, Virginia.

Brain Sentry

Angel Round in 2013
Brain Sentry is engaged in the development of a helmet-mounted device that alerts when an athlete suffers a potentially dangerous impact. The company was incorporated in 2011 and is based in Bethesda, Maryland.

ReFirm Labs, Inc.

Seed Round in 2019
ReFirm is an emerging leader in the IoT security space. With decades of experience securing devices for sensitive national security applications, its team has developed a new method for vetting and validating firmware that automates the process of detecting security flaws in connected devices and mitigating them. Its Centrifuge Platform is at the forefront of this approach and is the first to deliver this capability to the commercial market. Also, its technology is already helping global companies secure their products by testing their firmware during and after the development process, and monitor for new vulnerabilities.

CargoSense

Seed Round in 2014
CargoSense provides data driven logistics to the healthcare industry utilizing a disruptive business model. The company provides a solution that serves as the "black box" for logistics shipments for highly sensitive goods such as pharmaceuticals, food and machinery. The company combines a data and analytics SaaS (Software as a Service), iOS-based Apps and the latest Bluetooth sensors delivered as a managed service to its customers. The company uses data and analytics to give insight into everything customer's shipments experience. This goes beyond temperature monitoring and excursions to total visibility of how transportation providers are treating goods. Customers gain compliance with government regulation, lower shipping costs and a reduction in product loss.

Zagster Inc.

Angel Round in 2011
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.

Blue Triangle

Venture Round in 2016
Blue Triangle provides digital teams with a connected view of their marketing, web performance, and third-party tag analytics while constantly monitoring website code for security vulnerabilities. With Blue Triangle, teams can track the experience of every web and mobile app visitor in real time and identify specific web performance, third-party tag, and purchase path issues measurably impacting revenue. This data empowers teams to improve and secure their digital experiences along the most critical areas of the customer journey. Blue Triangle is trusted by Fortune 500 companies including The Home Depot, Marriott, and Carnival Cruise Line, and was named a Gartner "Cool Vendor"​ in 2017. The company was founded in 2011 and is headquartered in Richmond, VA.

Blue Triangle

Venture Round in 2014
Blue Triangle provides digital teams with a connected view of their marketing, web performance, and third-party tag analytics while constantly monitoring website code for security vulnerabilities. With Blue Triangle, teams can track the experience of every web and mobile app visitor in real time and identify specific web performance, third-party tag, and purchase path issues measurably impacting revenue. This data empowers teams to improve and secure their digital experiences along the most critical areas of the customer journey. Blue Triangle is trusted by Fortune 500 companies including The Home Depot, Marriott, and Carnival Cruise Line, and was named a Gartner "Cool Vendor"​ in 2017. The company was founded in 2011 and is headquartered in Richmond, VA.

ARCsys

Seed Round in 2012
Breakthrough accounting technology that eases how firms apply SFAS 5, SFAS 114 & related disclosure requirements in the allowance for credit loss. ARCSysTM was born from a vision of Michael Umscheid's while speaking at a seminar in 2009 for financial institution executives. Discussing the exposure document released by FASB concerning Disclosures about Credit Quality and the Allowance for Credit Losses, Mike listened to attendee questions and realized that many financial institutions would struggle with the new requirements. Mike believes luck is where preparation meets opportunity and after several discussions, founded ARCSysTM along with IT expert, Dean Rodil. With a combined 45 years of experience between them, Mike and Dean bring a wealth of accounting preparation and IT management knowledge. The core team also includes software and applications developer Steven Ballagh, former accountant and auditor Dale Fago and UI/UX and web technologies expert Charles Cooper. So where does the name ARCSysTM come from? Accounting, Reporting and Calculation Systems - pulled right from what the system does. We like numbers. We know IT. We provide Innovative Solutions in a Regulated World.

Aquicore

Seed Round in 2014
Aquicore is an information technology company that offers a cloud-based software designed for asset operations platform for the CRE sector. Its SaaS platform provides seamless real-time building intelligence, analytics, and process automation solutions that drive higher NOIs. It was founded in 2012 and headquartered in Washington, District of Columbia.

MarginEdge Co.

Seed Round in 2018
MarginEdge Co. develops food and beverage tracking and analytics software for restaurants. It offers MarginEdge, a software solution for invoice management, recipe and product pricing, and food costs optimization. The company’s software also automates processes, connects systems; and streamlines key activities, such as inventory, cost-tracking, ordering, and recipes. MarginEdge Co. was formerly known as Invioso Co. The company was founded in 2015 and is based in Falls Church, Virginia.

TRX Systems

Series A in 2012
TRX Systems, Inc. is the developer of NEON, an indoor location system that delivers precise, infrastructure free tracking of personnel inside buildings where GPS is not available and in outdoor urban centers where GPS is unreliable. NEON greatly improves situational awareness and command effectiveness through the use of advanced sensor fusion, time of flight ranging, and mapping algorithms that deliver precise, real time location of personnel in GPS-denied locations.

ROI²

Seed Round in 2010
ROI² Provides . . . A suite of programs generating in-depth intelligence and analytics with interactive access available to product branding, marketing, field & sales personnel, and the agencies with which they collaborate. The breadth of intelligence tools provided by ROI² focuses on the measurements of trusted networks within integrated health systems, healthcare providers and leadership.

VEDA Data Solutions, Inc.

Series A in 2020
VEDA Data Solutions, Inc. provides automated data science and machine learning solutions for healthcare directories. It offers Alchemy that automates workflow and improves the time to transform the network, rosters, and data files across the healthcare industry; and Sentinel offers a data monitoring engine that reads, interprets, translates, and exports various rows of roster or claims. VEDA Data Solutions, Inc. was founded in 2015 and is based in Washington, District Of Columbia with an additional location in Madison, Wisconsin.

Zagster Inc.

Angel Round in 2011
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.

DivvyCloud Corporation

Convertible Note in 2014
DivvyCloud Corporation develops a software that allows enterprise customers to automate security, compliance, and governance risks. It protects public cloud and container environments from misconfigurations; policy violations; threats; and identity and access management risks. It serves various sectors, such as media and entertainment; financial services; public sectors; digital industrials; health and life sciences; MSP’s; software and Internet; and retail and consumer goods. The company was founded in 2012 and is based in Arlington, Virginia. As of May 1, 2020, DivvyCloud Corporation operates as a subsidiary of Rapid7 LLC.

MarginEdge Co.

Series A in 2020
MarginEdge Co. develops food and beverage tracking and analytics software for restaurants. It offers MarginEdge, a software solution for invoice management, recipe and product pricing, and food costs optimization. The company’s software also automates processes, connects systems; and streamlines key activities, such as inventory, cost-tracking, ordering, and recipes. MarginEdge Co. was formerly known as Invioso Co. The company was founded in 2015 and is based in Falls Church, Virginia.

Spotluck

Series A in 2017
Spotluck, a Bethesda start-up, launched its innovative local dining community in 2014. Primarily featured through the Spotluck app, we introduce diners to local spots with a gamified approach to discovery, while giving our users preferred pricing that continuously fluctuates. Our merchants enjoy introductions to Spotluckers who truly value local, as well as powerful yield management and data analytics tools. Spotluck is currently working with an all-star slate of local restaurants in the DC Metro area, Philly metro area, the city of Baltimore, and launching new neighborhood hubs all the time. Download the free app and take a spin today!

DivvyCloud Corporation

Convertible Note in 2015
DivvyCloud Corporation develops a software that allows enterprise customers to automate security, compliance, and governance risks. It protects public cloud and container environments from misconfigurations; policy violations; threats; and identity and access management risks. It serves various sectors, such as media and entertainment; financial services; public sectors; digital industrials; health and life sciences; MSP’s; software and Internet; and retail and consumer goods. The company was founded in 2012 and is based in Arlington, Virginia. As of May 1, 2020, DivvyCloud Corporation operates as a subsidiary of Rapid7 LLC.

DivvyCloud Corporation

Seed Round in 2016
DivvyCloud Corporation develops a software that allows enterprise customers to automate security, compliance, and governance risks. It protects public cloud and container environments from misconfigurations; policy violations; threats; and identity and access management risks. It serves various sectors, such as media and entertainment; financial services; public sectors; digital industrials; health and life sciences; MSP’s; software and Internet; and retail and consumer goods. The company was founded in 2012 and is based in Arlington, Virginia. As of May 1, 2020, DivvyCloud Corporation operates as a subsidiary of Rapid7 LLC.

SeniorLiving.Net

Angel Round in 2010
At SeniorLiving.Net, they assist families in finding the care option that best meets their needs. This great service is at no cost to families. With information on more than 50,000 senior living communities nationwide, they have the most powerful database on senior living communities anywhere. They screen and evaluate communities, and continuously update our database with new information. They use proprietary data, public resources and reviews from families just like yours to provide you with unbiased information.

VEDA Data Solutions, Inc.

Seed Round in 2018
VEDA Data Solutions, Inc. provides automated data science and machine learning solutions for healthcare directories. It offers Alchemy that automates workflow and improves the time to transform the network, rosters, and data files across the healthcare industry; and Sentinel offers a data monitoring engine that reads, interprets, translates, and exports various rows of roster or claims. VEDA Data Solutions, Inc. was founded in 2015 and is based in Washington, District Of Columbia with an additional location in Madison, Wisconsin.

StreetShares

Seed Round in 2015
StreetShares, Inc. operates a peer to peer small business lending marketplace that connects small business owners with retail and institutional investors. The company provides a lending-as-a-service (LaaS) based platform that allows community banks and credit unions to make business loans. Its products include term loans, business bonds, StreetShares Pro Investing, and secured and unsecured small business loans. The company was incorporated in 2013 and is based in Reston, Virginia.

mySBX

Angel Round in 2009
mySBX, Inc. operates an online network for businesses and professionals to exchange opportunities, resources, and information. It offers mySBX Contracts Suite, a Web-based tool that enables government contractors to find qualified partners, form contract teams, and create winning bids on GWAC and IDIQ task orders from their own Web portal. The company serves small businesses, large enterprises, and individual professionals. mySBX, Inc. is headquartered in Reston, Virginia. As of December 11, 2009, mySBX, Inc. operates as a subsidiary of Deltek, Inc.

Zagster Inc.

Angel Round in 2011
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.

TRX Systems

Angel Round in 2012
TRX Systems, Inc. is the developer of NEON, an indoor location system that delivers precise, infrastructure free tracking of personnel inside buildings where GPS is not available and in outdoor urban centers where GPS is unreliable. NEON greatly improves situational awareness and command effectiveness through the use of advanced sensor fusion, time of flight ranging, and mapping algorithms that deliver precise, real time location of personnel in GPS-denied locations.

GroupSense

Seed Round in 2016
The intelligence space is filled with search tools, feeds, and briefings. It is difficult to measure the value and sift through the noise. GroupSense offers a unique partnership based approach to an intelligence program tailored to your mission. Our Cyber Reconnaissance solution is a combination of highly scalable technology with experienced intelligence analysts, providing only meaningful, high fidelity, intelligence data. Groupsense is changing the way cyber intelligence is delivered and operationalized across mid to large enterprises and governments. Our Recon Services provide critical action oriented data that helps protect the worlds largest networks, critical intellectual property, and election integrity.

Link Labs

Series A in 2015
Based in Annapolis, Maryland, Link Labs is a leading innovator in low­ power, wide-­area network technologies that power the Internet of Things (IoT). The company was founded in 2014 by a group of veteran engineers from the Johns Hopkins University Applied Physics Lab, who had worked together on a variety of projects for the U.S. Department of Defense, telecommunications industry, and Intelligence Community. We believe that unique solutions built by solving hard technical problems can transform businesses of any scale, and through them the world we live in. We pursue answers to hard technical challenges without bias, innovating ourselves and leveraging the innovations of others. We further embrace the challenge of making these innovations easy to use and cost-effective, creating an ever-expanding set of possible applications and impact. Our flagship product offering, AirFinder makes locating and monitoring anything, anywhere easy, affordable, and impactful. AirFinder breaks the compromise between solution cost and performance. AirFinder achieves this through the seamless integration of breakthrough intelligent RFID and low-power IoT network technologies.

Phthisis Diagnostics

Series A in 2012
Phthisis Diagnostics is a molecular diagnostics company that develops products for various infectious diseases. Molecular technology presents significant advantages to laboratories in superior quality, ease-of-use, and significant cost savings. Simply Molecular.

WorkProducts

Angel Round in 2010
WorkProducts bridges the gap between information management and electronic data discovery, resulting in a more automated eDiscovery process, with much lower costs and risk. WorkProducts works to bridge the gap between information management and electronic data discovery, resulting in a more automated eDiscovery process, using a process called evidence lifecycle management (ELM). WorkProducts' ELM solution, MatterSpace. MatterSpace is an advanced, easy-to-install-and-use appliance designed for companies facing numerous new law suits each year. These matters typically involve many data custodians to track and audit, along with growing amounts of electronically stored information (ESI) located in a wide variety of structured and unstructured data sources.

Phthisis Diagnostics

Series A in 2011
Phthisis Diagnostics is a molecular diagnostics company that develops products for various infectious diseases. Molecular technology presents significant advantages to laboratories in superior quality, ease-of-use, and significant cost savings. Simply Molecular.

Loop88

Seed Round in 2014
loop88 is the influence of advertising and data platform. Looking at influence through the lens of the social, audience, and contextual data, loop88 is currently the leading marketing platform for Pinterest. loop88 works with brands by pairing them with targeted influencers and reaching over 90% of Pinterest users. Brands like P&G, The Home Depot, Ghirardelli, Verizon, and more work with them to create and execute custom content campaigns to accomplish their marketing goals.