Serra Ventures

Serra Ventures is an early-stage venture capital firm based in Champaign, Illinois, focused on investing in technology companies primarily located in emerging Midwest technology centers and selected areas in Southern California. Founded in 1998, the firm specializes in sectors such as information technology, devices and instrumentation, and agricultural technologies. Serra Ventures aims to support innovative companies that are poised for growth, leveraging its expertise and regional knowledge to identify promising investment opportunities.

Stephen Beck

Managing Partner

Tim Hoerr

Chief Executive Officer & Managing Partner

Alyssa Kolb

Director of Marketing and Communication

Karin O'Connor

Venture Partner

Eric Wilson

Director of Operations

Past deals in Midwestern US

Network Perception

Series A in 2022
Network Perception is providing a pioneering network device configuration analysis software to visualize and manage their network. The company delivers a pioneering solution that enables corporate compliance and cybersecurity managers to gain a complete view of their network security and to immediately determine if its configuration is in alignment with best practices and regulatory standards Network Perception was launched in 2014 at the University of Illinois at Urbana-Champaign Research Park.

Asto CT

Series B in 2021
Asto CT LLC specializes in X-ray computed tomography (CT) technology designed to enhance the health and safety of horses, particularly thoroughbreds, show horses, and older equines. Founded in 2015 and based in Madison, Wisconsin, the company focuses on improving fracture risk detection, diagnosing lameness, and managing dental and sinus issues. Its innovative system allows for rapid 3D imaging of the lower limbs, head, and neck of standing horses without the need for general anesthesia, ensuring a safer and more comfortable experience for the animals. Asto CT aims to provide high-quality volumetric imaging to improve equine well-being and offer reassurance to horse owners, while pioneering advancements in robotics and multi-slice CT technology for more effective screening and diagnosis.

Reconstruct

Series B in 2021
Reconstruct, Inc. specializes in predictive computer vision data analytics software tailored for construction projects. The company's visual production management platform facilitates data collection using drones, fixed cameras, or mobile devices for comprehensive progress analysis and documentation. It visualizes images and 3D points aligned with Building Information Modeling (BIM) through a web interface, enhancing coordination and transparency among project stakeholders. The platform identifies locations at risk of delays, supporting proactive weekly work planning, and integrates schedules with BIM animations to illustrate changes. Established in 2015, Reconstruct is headquartered in Menlo Park, California, with an additional office in Champaign, Illinois.

Network Perception

Seed Round in 2020
Network Perception is providing a pioneering network device configuration analysis software to visualize and manage their network. The company delivers a pioneering solution that enables corporate compliance and cybersecurity managers to gain a complete view of their network security and to immediately determine if its configuration is in alignment with best practices and regulatory standards Network Perception was launched in 2014 at the University of Illinois at Urbana-Champaign Research Park.

TimeDoc Health

Series A in 2020
TimeDoc Health is a Chicago-based healthcare IT and nursing services company that develops solutions to help physicians navigate the changing reimbursement landscape in healthcare.

TrackBill

Seed Round in 2020
TrackBill provides government affairs professionals with efficient mobile access to state and federal legislative information. It serves a diverse clientele, including professional service firms, corporations, and interest groups, enabling them to monitor bills relevant to their interests and track legislative activities. Users benefit from real-time alerts on key actions such as introductions, amendments, hearings, and votes. Additionally, TrackBill simplifies legislative reporting by allowing users to generate professional documents in Word, PDF, and Excel formats, as well as customizable, auto-updating website feeds. This functionality ensures that stakeholders remain informed about important legislative developments.

TimeDoc Health

Convertible Note in 2020
TimeDoc Health is a Chicago-based healthcare IT and nursing services company that develops solutions to help physicians navigate the changing reimbursement landscape in healthcare.

Ryvit

Seed Round in 2019
Ryvit develops an integration software that delivers seamless flow of data between premise and software used in the construction industry. The software integrates software application to enterprise resource product, customer relationship management, e-commerce, social apps, and specialty industry-specific system without exhausting development resources, empowering companies to experience the ease of intelligent integrations, driving profit through automation and optimization of the applications in use. Ryvit is headquartered in Saint Louis, Missouri.

Hazel Technologies

Series B in 2019
Hazel Technologies, Inc. designs and manufactures packaging inserts to reduce the spoilage of fruits and vegetables. It offers packaging inserts called sachets that are placed in boxes of the produce by growers at the time of harvest, extending the shelf-life of produce by slowing aging in produce and preventing fungus or decay. The company also provides agricultural and horticultural consulting services. Hazel Technologies, Inc. was founded in 2015 and is based in Chicago, Illinois with an additional location in Salinas, California.

TimeDoc Health

Seed Round in 2019
TimeDoc Health is a Chicago-based healthcare IT and nursing services company that develops solutions to help physicians navigate the changing reimbursement landscape in healthcare.

Opendorse

Series B in 2019
Opendorse is a company that offers a software-as-a-service (SaaS) platform designed to streamline the endorsement process for athletes and brands. Founded in 2012 by Adi Kunalic, Blake Lawrence, and Timothy Braun, and based in Lincoln, Nebraska, Opendorse's platform enables athletes to receive and share curated content, such as videos, photos, and GIFs, across their social media channels. The service is aimed at enhancing athlete marketing by connecting athletes with brands and fans, allowing for effective social media campaigns. By analyzing campaign goals and target markets, Opendorse facilitates the endorsement process, providing a streamlined approach for brands to engage with athletes and their audiences.

TrackBill

Seed Round in 2019
TrackBill provides government affairs professionals with efficient mobile access to state and federal legislative information. It serves a diverse clientele, including professional service firms, corporations, and interest groups, enabling them to monitor bills relevant to their interests and track legislative activities. Users benefit from real-time alerts on key actions such as introductions, amendments, hearings, and votes. Additionally, TrackBill simplifies legislative reporting by allowing users to generate professional documents in Word, PDF, and Excel formats, as well as customizable, auto-updating website feeds. This functionality ensures that stakeholders remain informed about important legislative developments.

CamoAg

Series A in 2019
CamoAg operates a platform designed to connect landowners with farmers in the farmland rental market, which accounts for a significant portion of US agricultural land. Founded in 2017 and based in Chicago, Illinois, the company aims to address inefficiencies in this $32 billion annual market, where 40% of farmland is rented. By introducing data transparency, CamoAg enhances price discovery and access to land for farmers while optimizing returns for landowners. The platform offers a comprehensive solution for information management, facilitating smoother transactions and improving market dynamics for all stakeholders involved.
Medical Engineering Innovations (MEI) is focused on bringing new technologies to market that combat liver cancer with more effective tools for liver surgery and localized cancer treatment by heat (tumor ablation). Their technologies combine a unique algorithm to control the application of radiofrequency energy to tissue, with enhanced blade electrode geometries to optimize tissue heating.

Hazel Technologies

Series A in 2018
Hazel Technologies, Inc. designs and manufactures packaging inserts to reduce the spoilage of fruits and vegetables. It offers packaging inserts called sachets that are placed in boxes of the produce by growers at the time of harvest, extending the shelf-life of produce by slowing aging in produce and preventing fungus or decay. The company also provides agricultural and horticultural consulting services. Hazel Technologies, Inc. was founded in 2015 and is based in Chicago, Illinois with an additional location in Salinas, California.

Artio Medical

Series A in 2018
Artio Medical develops endovascular medical devices for the embolization of vessels, aneurysms, and other vascular structures. The company's first products enable precise and immediate occlusion and rapid sealing of cerebral aneurysms and other target vessel segments using an over-the-wire microcatheter platform. These products enable physicians to perform better, faster, and safer vascular occlusion procedures. The company was founded in 2011 and is based in Olathe, Kansas.

Inprentus

Series A in 2018
Inprentus is a nanotechnology company that specializes in the fields of Diffraction gratings, diffractive optics, monochromator, and spectrometer. The company has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL, and laser applications, offering high resolving power with blaze angles lower than 1 degree. It was founded in 2012 and headquartered in Champaign, Illinois.

TrackBill

Seed Round in 2017
TrackBill provides government affairs professionals with efficient mobile access to state and federal legislative information. It serves a diverse clientele, including professional service firms, corporations, and interest groups, enabling them to monitor bills relevant to their interests and track legislative activities. Users benefit from real-time alerts on key actions such as introductions, amendments, hearings, and votes. Additionally, TrackBill simplifies legislative reporting by allowing users to generate professional documents in Word, PDF, and Excel formats, as well as customizable, auto-updating website feeds. This functionality ensures that stakeholders remain informed about important legislative developments.

ConsortiEX

Venture Round in 2017
ConsortiEX Inc. is a health care technology company based in Milwaukee, Wisconsin, established in 2013. It specializes in providing information technology systems and services tailored for pharmacies, specifically to assist hospitals in managing the ordering, distribution, and tracking of pharmaceuticals. The company's flagship product, Assure-Trak, is an enterprise resource planning system that facilitates the collection, integration, management, and sharing of pharmacy information, particularly for the compounding of sterile products. In addition to this, ConsortiEX offers a range of services, including pedigree management, IV workflow management, inventory and logistics management, and quality management reporting. The company also provides compliance solutions for the Drug Supply Chain Security Act and e-commerce order management services, supporting the needs of member institutions and their affiliates in the health care sector.

Virtual Auditor

Venture Round in 2017
Virtual Auditor’s “Virtual Security Officer Server” (VSOS) is a fully managed information security solution that enables organizations to collect, store, and analyze network security events to meet IT compliance requirements. This unique solution correlates the impact of the events to measure the level of compliance to regulatory mandates and industry requirements. The complex data is parsed and presented in clear and understandable, yet comprehensive reports.

Markit Medical

Seed Round in 2017
Markit Medical is an online platform that assists its users in identifying and comparing healthcare costs. The platform enables patients to schedule appointments of their healthcare providers and compare prices and qualifications. Physicians can use the platform to obtain scheduling support and personalized referral solutions. Insurers can use the platform to provide price transparency information to the patients. Markit Medical was launched in 2015 and is based in Illinois.

Artio Medical

Venture Round in 2017
Artio Medical develops endovascular medical devices for the embolization of vessels, aneurysms, and other vascular structures. The company's first products enable precise and immediate occlusion and rapid sealing of cerebral aneurysms and other target vessel segments using an over-the-wire microcatheter platform. These products enable physicians to perform better, faster, and safer vascular occlusion procedures. The company was founded in 2011 and is based in Olathe, Kansas.

Opendorse

Series A in 2017
Opendorse is a company that offers a software-as-a-service (SaaS) platform designed to streamline the endorsement process for athletes and brands. Founded in 2012 by Adi Kunalic, Blake Lawrence, and Timothy Braun, and based in Lincoln, Nebraska, Opendorse's platform enables athletes to receive and share curated content, such as videos, photos, and GIFs, across their social media channels. The service is aimed at enhancing athlete marketing by connecting athletes with brands and fans, allowing for effective social media campaigns. By analyzing campaign goals and target markets, Opendorse facilitates the endorsement process, providing a streamlined approach for brands to engage with athletes and their audiences.

Innara Health

Venture Round in 2017
Innara Health, Inc. engages in developing neonatal care technologies for preterm and full term infants and children with development needs. The company offers NTrainer System that promotes early development of non-nutritive sucking skills in newborns and infants born prematurely; and helps caregivers in neonatal and pediatric intensive care units to understand how to treat infants. It serves infants, children, and their families; and hospitals and neonatal intensive care units, and clinicians. The company was formerly known as KCBioMedix, Inc. and changed its name to Innara Health, Inc. in February 2013. The company was founded in 2006 and is based in Olathe, Kansas.

Shotfarm

Venture Round in 2017
Shotfarm's Product Content Network is the first end-to-end solution for the Management and Exchange of Product Information that meets the demands of the entire ecommerce industry. Free and simple core functionality combined with a suite of affordable and powerful upgrade options make Shotfarm instantly useful and infinitely scalable. One System, any format, thousands of Retailers and Manufacturers. Shotfarm just makes sense.

Kypha

Venture Round in 2017
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.

Reconstruct

Seed Round in 2017
Reconstruct, Inc. specializes in predictive computer vision data analytics software tailored for construction projects. The company's visual production management platform facilitates data collection using drones, fixed cameras, or mobile devices for comprehensive progress analysis and documentation. It visualizes images and 3D points aligned with Building Information Modeling (BIM) through a web interface, enhancing coordination and transparency among project stakeholders. The platform identifies locations at risk of delays, supporting proactive weekly work planning, and integrates schedules with BIM animations to illustrate changes. Established in 2015, Reconstruct is headquartered in Menlo Park, California, with an additional office in Champaign, Illinois.

Agrible

Series B in 2017
Agrible was established in 2007 by Bill Northcott, Chris Harbourt, and Paul Miller, who all met in 1997 while completing higher degrees at the University of Illinois. There they began conceptualizing a small engineering firm based off their research, but their ideas were a bit ahead of the technology of the time.

TrackBill

Seed Round in 2017
TrackBill provides government affairs professionals with efficient mobile access to state and federal legislative information. It serves a diverse clientele, including professional service firms, corporations, and interest groups, enabling them to monitor bills relevant to their interests and track legislative activities. Users benefit from real-time alerts on key actions such as introductions, amendments, hearings, and votes. Additionally, TrackBill simplifies legislative reporting by allowing users to generate professional documents in Word, PDF, and Excel formats, as well as customizable, auto-updating website feeds. This functionality ensures that stakeholders remain informed about important legislative developments.

Innara Health

Venture Round in 2017
Innara Health, Inc. engages in developing neonatal care technologies for preterm and full term infants and children with development needs. The company offers NTrainer System that promotes early development of non-nutritive sucking skills in newborns and infants born prematurely; and helps caregivers in neonatal and pediatric intensive care units to understand how to treat infants. It serves infants, children, and their families; and hospitals and neonatal intensive care units, and clinicians. The company was formerly known as KCBioMedix, Inc. and changed its name to Innara Health, Inc. in February 2013. The company was founded in 2006 and is based in Olathe, Kansas.

Inprentus

Series A in 2017
Inprentus is a nanotechnology company that specializes in the fields of Diffraction gratings, diffractive optics, monochromator, and spectrometer. The company has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL, and laser applications, offering high resolving power with blaze angles lower than 1 degree. It was founded in 2012 and headquartered in Champaign, Illinois.

Serionix

Venture Round in 2017
Serionix, Inc. specializes in the development of advanced purification solutions for air and water using innovative materials such as fibrous activated carbon and ion-exchange substances. The company designs and produces filters intended for air purifiers and heating systems, effectively removing toxic chemicals and odors while also eliminating viruses, bacteria, and mold. Founded in 2011 and headquartered in Champaign, Illinois, Serionix focuses on research and development to enhance the performance of its purification technologies.

Asto CT

Venture Round in 2017
Asto CT LLC specializes in X-ray computed tomography (CT) technology designed to enhance the health and safety of horses, particularly thoroughbreds, show horses, and older equines. Founded in 2015 and based in Madison, Wisconsin, the company focuses on improving fracture risk detection, diagnosing lameness, and managing dental and sinus issues. Its innovative system allows for rapid 3D imaging of the lower limbs, head, and neck of standing horses without the need for general anesthesia, ensuring a safer and more comfortable experience for the animals. Asto CT aims to provide high-quality volumetric imaging to improve equine well-being and offer reassurance to horse owners, while pioneering advancements in robotics and multi-slice CT technology for more effective screening and diagnosis.

ConsortiEX

Venture Round in 2017
ConsortiEX Inc. is a health care technology company based in Milwaukee, Wisconsin, established in 2013. It specializes in providing information technology systems and services tailored for pharmacies, specifically to assist hospitals in managing the ordering, distribution, and tracking of pharmaceuticals. The company's flagship product, Assure-Trak, is an enterprise resource planning system that facilitates the collection, integration, management, and sharing of pharmacy information, particularly for the compounding of sterile products. In addition to this, ConsortiEX offers a range of services, including pedigree management, IV workflow management, inventory and logistics management, and quality management reporting. The company also provides compliance solutions for the Drug Supply Chain Security Act and e-commerce order management services, supporting the needs of member institutions and their affiliates in the health care sector.

Ringr

Venture Round in 2017
RiNGR, Inc. is the developer of the RINGR mobile application, which facilitates high-quality audio conversations between users regardless of their geographical locations. The app allows users to connect instantly through their smartphones or tablets, enabling them to record conversations with remarkable clarity, making it feel as though both parties are in the same room. Users can easily download these recordings for editing, playback, or storage, and share them across various platforms such as blogs, podcasts, and social media. The technology behind RINGR is designed to eliminate sound issues during long-distance interactions, making it an effective tool for interviews and conversations. Based in Champaign, Illinois, RiNGR, Inc. aims to enhance the way people communicate across distances.

Earshot

Venture Round in 2017
Earshot is a precision-based real-time marketing platform that helps brands discover and acquire new customers through social media. Earshot's patent pending Decibel Level is a real-time relevancy score that is unique to every brand or campaign. Decibel Level is customizable on the fly so customers can weight variables like location, bio, post content, even logo detection to find the social media posts that are most important in real time.

OPER

Venture Round in 2017
OPER (ORDER. PAY. EARN. REDEEM.) is a central rewards app for restaurant diners. Our mobile food ordering, payment and rewards platform offers users 5% back on every food purchase while remaining free for both consumers and restaurants to participate.Anyone can download OPER's app for iPhone or Android, easily set up an account, add money to it, and place orders for delivery or pick-up. They can then pay using OPER's mobile app when dining in or carrying out and will be rewarded with 5% back on all restaurant purchases. The 5% reward can later be redeemed at any participating restaurant.

Shotfarm

Venture Round in 2017
Shotfarm's Product Content Network is the first end-to-end solution for the Management and Exchange of Product Information that meets the demands of the entire ecommerce industry. Free and simple core functionality combined with a suite of affordable and powerful upgrade options make Shotfarm instantly useful and infinitely scalable. One System, any format, thousands of Retailers and Manufacturers. Shotfarm just makes sense.

Adarza BioSystems

Series C in 2017
Adarza BioSystems is an early-stage medical diagnostics company developing a rapid and label-free biological assay platform for measuring clinical and point-of-care (POC) samples. In addition to performing sophisticated clinical tests within minutes, this technology potentially allowing hundreds of tests to be run simultaneously on a single chip. It was founded in 2008 and headquartered in St Louis, Missouri.

Kypha

Venture Round in 2017
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.
Medical Engineering Innovations (MEI) is focused on bringing new technologies to market that combat liver cancer with more effective tools for liver surgery and localized cancer treatment by heat (tumor ablation). Their technologies combine a unique algorithm to control the application of radiofrequency energy to tissue, with enhanced blade electrode geometries to optimize tissue heating.

Earshot

Venture Round in 2016
Earshot is a precision-based real-time marketing platform that helps brands discover and acquire new customers through social media. Earshot's patent pending Decibel Level is a real-time relevancy score that is unique to every brand or campaign. Decibel Level is customizable on the fly so customers can weight variables like location, bio, post content, even logo detection to find the social media posts that are most important in real time.

Label Insight

Venture Round in 2016
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

Inprentus

Venture Round in 2016
Inprentus is a nanotechnology company that specializes in the fields of Diffraction gratings, diffractive optics, monochromator, and spectrometer. The company has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL, and laser applications, offering high resolving power with blaze angles lower than 1 degree. It was founded in 2012 and headquartered in Champaign, Illinois.

OceanComm

Venture Round in 2016
OceanComm, Inc. develops a wireless underwater modem which enables wireless video streaming underwater and wireless remote control of underwater vehicles. The company was incorporated in 2014 and is based in Champaign, Illinois.

Reconstruct

Seed Round in 2016
Reconstruct, Inc. specializes in predictive computer vision data analytics software tailored for construction projects. The company's visual production management platform facilitates data collection using drones, fixed cameras, or mobile devices for comprehensive progress analysis and documentation. It visualizes images and 3D points aligned with Building Information Modeling (BIM) through a web interface, enhancing coordination and transparency among project stakeholders. The platform identifies locations at risk of delays, supporting proactive weekly work planning, and integrates schedules with BIM animations to illustrate changes. Established in 2015, Reconstruct is headquartered in Menlo Park, California, with an additional office in Champaign, Illinois.

Oso Technologies

Venture Round in 2016
Oso Technologies makes internet connected hardware systems. Our first product, Plant Link, makes monitoring and controlling water usage for plants easier than ever before. By placing the wireless sensors next to their plants users receive custom watering schedules via text message, email, or push notification. It was founded in 2019 and is based in Urbana, Illinois, United States.

Agrible

Venture Round in 2016
Agrible was established in 2007 by Bill Northcott, Chris Harbourt, and Paul Miller, who all met in 1997 while completing higher degrees at the University of Illinois. There they began conceptualizing a small engineering firm based off their research, but their ideas were a bit ahead of the technology of the time.

Inprentus

Venture Round in 2016
Inprentus is a nanotechnology company that specializes in the fields of Diffraction gratings, diffractive optics, monochromator, and spectrometer. The company has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL, and laser applications, offering high resolving power with blaze angles lower than 1 degree. It was founded in 2012 and headquartered in Champaign, Illinois.

OPER

Seed Round in 2016
OPER (ORDER. PAY. EARN. REDEEM.) is a central rewards app for restaurant diners. Our mobile food ordering, payment and rewards platform offers users 5% back on every food purchase while remaining free for both consumers and restaurants to participate.Anyone can download OPER's app for iPhone or Android, easily set up an account, add money to it, and place orders for delivery or pick-up. They can then pay using OPER's mobile app when dining in or carrying out and will be rewarded with 5% back on all restaurant purchases. The 5% reward can later be redeemed at any participating restaurant.

Serionix

Seed Round in 2016
Serionix, Inc. specializes in the development of advanced purification solutions for air and water using innovative materials such as fibrous activated carbon and ion-exchange substances. The company designs and produces filters intended for air purifiers and heating systems, effectively removing toxic chemicals and odors while also eliminating viruses, bacteria, and mold. Founded in 2011 and headquartered in Champaign, Illinois, Serionix focuses on research and development to enhance the performance of its purification technologies.

Serionix

Venture Round in 2016
Serionix, Inc. specializes in the development of advanced purification solutions for air and water using innovative materials such as fibrous activated carbon and ion-exchange substances. The company designs and produces filters intended for air purifiers and heating systems, effectively removing toxic chemicals and odors while also eliminating viruses, bacteria, and mold. Founded in 2011 and headquartered in Champaign, Illinois, Serionix focuses on research and development to enhance the performance of its purification technologies.

ConsortiEX

Venture Round in 2016
ConsortiEX Inc. is a health care technology company based in Milwaukee, Wisconsin, established in 2013. It specializes in providing information technology systems and services tailored for pharmacies, specifically to assist hospitals in managing the ordering, distribution, and tracking of pharmaceuticals. The company's flagship product, Assure-Trak, is an enterprise resource planning system that facilitates the collection, integration, management, and sharing of pharmacy information, particularly for the compounding of sterile products. In addition to this, ConsortiEX offers a range of services, including pedigree management, IV workflow management, inventory and logistics management, and quality management reporting. The company also provides compliance solutions for the Drug Supply Chain Security Act and e-commerce order management services, supporting the needs of member institutions and their affiliates in the health care sector.

TrackBill

Seed Round in 2016
TrackBill provides government affairs professionals with efficient mobile access to state and federal legislative information. It serves a diverse clientele, including professional service firms, corporations, and interest groups, enabling them to monitor bills relevant to their interests and track legislative activities. Users benefit from real-time alerts on key actions such as introductions, amendments, hearings, and votes. Additionally, TrackBill simplifies legislative reporting by allowing users to generate professional documents in Word, PDF, and Excel formats, as well as customizable, auto-updating website feeds. This functionality ensures that stakeholders remain informed about important legislative developments.

Spatial.ai

Seed Round in 2016
Spatial Labs, Inc. is a software company that specializes in integrating social layers into maps through a combination of human-driven analysis and machine-assisted technology. The firm develops solutions that enhance travel booking by embedding relevant information directly into existing maps, while also providing local insights through data analysis. Spatial Labs offers Xéro, a tool that incorporates spatial data into AI assistants for in-ear and in-vehicle use, enabling users to obtain answers to their questions. Additionally, the company focuses on urban planning by revealing the human aspects of cities. Founded in 2016 and based in Cincinnati, Ohio, Spatial Labs serves various industries, including travel booking, real estate, urban planning, and mobility. The company emphasizes the importance of human experience in data interpretation, employing ethnographic research techniques to reconnect data with its origins in human interactions.

Oso Technologies

Convertible Note in 2016
Oso Technologies makes internet connected hardware systems. Our first product, Plant Link, makes monitoring and controlling water usage for plants easier than ever before. By placing the wireless sensors next to their plants users receive custom watering schedules via text message, email, or push notification. It was founded in 2019 and is based in Urbana, Illinois, United States.

Persio

Debt Financing in 2016
Persio’s multi-channel marketing and decision platform put the power of personalization into marketers’ hands. Built to meet the needs of retailers, Persio connects marketers’ existing data sources, technology solutions, deployment channels, and identity resolution services into a single, interoperable interface so that marketers can deploy data-driven and personalized campaigns across web, email, SMS, mobile apps and other sales channels to reach customers with relevant offers at their most responsive point.

Kypha

Venture Round in 2016
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.

Agrible

Venture Round in 2016
Agrible was established in 2007 by Bill Northcott, Chris Harbourt, and Paul Miller, who all met in 1997 while completing higher degrees at the University of Illinois. There they began conceptualizing a small engineering firm based off their research, but their ideas were a bit ahead of the technology of the time.

Phi Optics

Venture Round in 2016
Phi Optics Inc. develops optical imaging systems for life sciences, medical diagnostics, nanotechnology, and semiconductor testing applications. It offers Quantitative Phase Imaging, a label-free, non-contact, and non-invasive imaging method for measuring nanoscale structures and dynamics via interferometry. The company was founded in 2009 and is based in Champaign, Illinois.

Ringr

Venture Round in 2016
RiNGR, Inc. is the developer of the RINGR mobile application, which facilitates high-quality audio conversations between users regardless of their geographical locations. The app allows users to connect instantly through their smartphones or tablets, enabling them to record conversations with remarkable clarity, making it feel as though both parties are in the same room. Users can easily download these recordings for editing, playback, or storage, and share them across various platforms such as blogs, podcasts, and social media. The technology behind RINGR is designed to eliminate sound issues during long-distance interactions, making it an effective tool for interviews and conversations. Based in Champaign, Illinois, RiNGR, Inc. aims to enhance the way people communicate across distances.

Adarza BioSystems

Series B in 2016
Adarza BioSystems is an early-stage medical diagnostics company developing a rapid and label-free biological assay platform for measuring clinical and point-of-care (POC) samples. In addition to performing sophisticated clinical tests within minutes, this technology potentially allowing hundreds of tests to be run simultaneously on a single chip. It was founded in 2008 and headquartered in St Louis, Missouri.

Earshot

Venture Round in 2016
Earshot is a precision-based real-time marketing platform that helps brands discover and acquire new customers through social media. Earshot's patent pending Decibel Level is a real-time relevancy score that is unique to every brand or campaign. Decibel Level is customizable on the fly so customers can weight variables like location, bio, post content, even logo detection to find the social media posts that are most important in real time.

Label Insight

Series B in 2016
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

Ringr

Seed Round in 2016
RiNGR, Inc. is the developer of the RINGR mobile application, which facilitates high-quality audio conversations between users regardless of their geographical locations. The app allows users to connect instantly through their smartphones or tablets, enabling them to record conversations with remarkable clarity, making it feel as though both parties are in the same room. Users can easily download these recordings for editing, playback, or storage, and share them across various platforms such as blogs, podcasts, and social media. The technology behind RINGR is designed to eliminate sound issues during long-distance interactions, making it an effective tool for interviews and conversations. Based in Champaign, Illinois, RiNGR, Inc. aims to enhance the way people communicate across distances.

Oso Technologies

Convertible Note in 2016
Oso Technologies makes internet connected hardware systems. Our first product, Plant Link, makes monitoring and controlling water usage for plants easier than ever before. By placing the wireless sensors next to their plants users receive custom watering schedules via text message, email, or push notification. It was founded in 2019 and is based in Urbana, Illinois, United States.

Diagnostic Photonics

Series B in 2016
Diagnostic Photonics, Inc. specializes in advanced imaging technologies designed to aid physicians in the real-time assessment of tissue microstructure. Founded in 2008 and headquartered in Chicago, Illinois, the company has developed the Foresee Imaging System, which produces diffraction-corrected images to enhance tissue evaluation. The innovative imaging technology stems from research conducted at the Beckman Institute for Advanced Science and Technology at the University of Illinois, known for its interdisciplinary approach to scientific advancement.

Snapshot Energy

Venture Round in 2015
Snapshot Energy develops a technology designed to convert animal and human waste to bio-crude oil. Its technology produces a bio-crude oil product from an enhanced hydro-thermal conversion of the organic waste feedstock, enabling local energy centers to avail of a system that does not require the traditional costs and environmental impact of exploration, recovery, transportation, refinement and eventual distribution of hydrocarbon-based liquid fuels. Snapshot Energy was founded in 2007 and headquartered in Danville, Illinois.

Inprentus

Seed Round in 2015
Inprentus is a nanotechnology company that specializes in the fields of Diffraction gratings, diffractive optics, monochromator, and spectrometer. The company has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL, and laser applications, offering high resolving power with blaze angles lower than 1 degree. It was founded in 2012 and headquartered in Champaign, Illinois.

Kypha

Debt Financing in 2015
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.

Beekeeper Data

Seed Round in 2015
Beekeeper Data, founded in 2013 and based in Dallas, Texas, develops a web-based software platform designed to facilitate data collaboration and integration within organizations. The platform allows both executives and non-technical employees to interact with complex data efficiently. Key features include Email Reports for sending visual reports, Query Workbench for collaborative data querying, and Self Service Reports for customizing user forms to execute data queries. Additionally, the software offers Easy Auditing to track data queries and resulting datasets. By enabling the creation of reusable and scalable reporting components, Beekeeper Data alleviates the burden of data management from IT resources, making it accessible for all users. The company began rolling out its first product to paid beta customers in late 2014.

Label Insight

Venture Round in 2015
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

Label Insight

Convertible Note in 2015
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

LISNR

Series B in 2015
LISNR® powers transactions across the customer journey globally with the most advanced Ultrasonic Data Platform. Today, companies like Jaguar Land Rover, Ticketmaster, and Visa use this solution to create secure & frictionless moments for consumers around the world. Founded in 2012, LISNR is located in Oakland, CA and Cincinnati, OH. Major investors include Intel, Jump Capital, Mercury Fund, R/GA, and Synchrony Financial.

Kypha

Convertible Note in 2015
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.

Oso Technologies

Series B in 2015
Oso Technologies makes internet connected hardware systems. Our first product, Plant Link, makes monitoring and controlling water usage for plants easier than ever before. By placing the wireless sensors next to their plants users receive custom watering schedules via text message, email, or push notification. It was founded in 2019 and is based in Urbana, Illinois, United States.

Tunespeak

Series A in 2015
Tunespeak, LLC operates a musician-to-fan loyalty platform designed to engage users through various media interactions. Founded in 2011 and based in St. Louis, Missouri, the platform allows users to earn points by listening to music, watching videos, and sharing content with friends and followers. Additionally, it enables users' friends to accumulate points for a contestant based on their interactions with songs, pictures, and videos throughout contests or raffles. By fostering a deeper connection between musicians and their fans, Tunespeak enhances fan engagement and loyalty in the music industry.

Agrible

Series A in 2015
Agrible was established in 2007 by Bill Northcott, Chris Harbourt, and Paul Miller, who all met in 1997 while completing higher degrees at the University of Illinois. There they began conceptualizing a small engineering firm based off their research, but their ideas were a bit ahead of the technology of the time.

Label Insight

Convertible Note in 2015
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

Ringr

Seed Round in 2015
RiNGR, Inc. is the developer of the RINGR mobile application, which facilitates high-quality audio conversations between users regardless of their geographical locations. The app allows users to connect instantly through their smartphones or tablets, enabling them to record conversations with remarkable clarity, making it feel as though both parties are in the same room. Users can easily download these recordings for editing, playback, or storage, and share them across various platforms such as blogs, podcasts, and social media. The technology behind RINGR is designed to eliminate sound issues during long-distance interactions, making it an effective tool for interviews and conversations. Based in Champaign, Illinois, RiNGR, Inc. aims to enhance the way people communicate across distances.

Rithmio

Seed Round in 2015
Rithmio, Inc. specializes in gesture recognition technology, offering a platform that enables the development of accurate and personalized gesture-based products. Its software, known as Constellation, is designed to integrate with various motion-sensing devices, including wearables, smartphones, and connected sports equipment. By operating at the sensor, operating system, or application level, Rithmio's technology tracks and analyzes movements in real time, facilitating the creation of advanced wearable technology and connected clothing. The company has established partnerships with leading semiconductor firms and consumer electronics manufacturers to embed its technology at the System on Chip level. Founded in 2011 and initially known as Neurogito, Rithmio rebranded in 2014 and is based in Chicago, Illinois.

Oso Technologies

Series B in 2015
Oso Technologies makes internet connected hardware systems. Our first product, Plant Link, makes monitoring and controlling water usage for plants easier than ever before. By placing the wireless sensors next to their plants users receive custom watering schedules via text message, email, or push notification. It was founded in 2019 and is based in Urbana, Illinois, United States.

Earshot

Debt Financing in 2015
Earshot is a precision-based real-time marketing platform that helps brands discover and acquire new customers through social media. Earshot's patent pending Decibel Level is a real-time relevancy score that is unique to every brand or campaign. Decibel Level is customizable on the fly so customers can weight variables like location, bio, post content, even logo detection to find the social media posts that are most important in real time.

Personify

Debt Financing in 2015
Personify specializes in the fields of presentations, software, and videos. Personify uses technologies in computer vision to develop fresh and immersive video experiences. These experiences facilitate real and meaningful connections with everyone, everywhere. It was founded in 2009 and headquartered in Chicago, Illinois.

OceanComm

Seed Round in 2015
OceanComm, Inc. develops a wireless underwater modem which enables wireless video streaming underwater and wireless remote control of underwater vehicles. The company was incorporated in 2014 and is based in Champaign, Illinois.

Inprentus

Seed Round in 2015
Inprentus is a nanotechnology company that specializes in the fields of Diffraction gratings, diffractive optics, monochromator, and spectrometer. The company has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL, and laser applications, offering high resolving power with blaze angles lower than 1 degree. It was founded in 2012 and headquartered in Champaign, Illinois.

Persio

Series A in 2015
Persio’s multi-channel marketing and decision platform put the power of personalization into marketers’ hands. Built to meet the needs of retailers, Persio connects marketers’ existing data sources, technology solutions, deployment channels, and identity resolution services into a single, interoperable interface so that marketers can deploy data-driven and personalized campaigns across web, email, SMS, mobile apps and other sales channels to reach customers with relevant offers at their most responsive point.

Snapshot Energy

Debt Financing in 2015
Snapshot Energy develops a technology designed to convert animal and human waste to bio-crude oil. Its technology produces a bio-crude oil product from an enhanced hydro-thermal conversion of the organic waste feedstock, enabling local energy centers to avail of a system that does not require the traditional costs and environmental impact of exploration, recovery, transportation, refinement and eventual distribution of hydrocarbon-based liquid fuels. Snapshot Energy was founded in 2007 and headquartered in Danville, Illinois.

Ringr

Convertible Note in 2015
RiNGR, Inc. is the developer of the RINGR mobile application, which facilitates high-quality audio conversations between users regardless of their geographical locations. The app allows users to connect instantly through their smartphones or tablets, enabling them to record conversations with remarkable clarity, making it feel as though both parties are in the same room. Users can easily download these recordings for editing, playback, or storage, and share them across various platforms such as blogs, podcasts, and social media. The technology behind RINGR is designed to eliminate sound issues during long-distance interactions, making it an effective tool for interviews and conversations. Based in Champaign, Illinois, RiNGR, Inc. aims to enhance the way people communicate across distances.

Tech.li

Convertible Note in 2014
Tech.li is an online platform focused on providing news and editorial content related to technology and business. Established in 2010 and based in Chicago, Illinois, the company covers a diverse array of topics, including gaming, social media, mobile technology, Internet culture, and major corporations such as Apple, Facebook, Google, and Microsoft. Originally known as Flyover Geeks, it rebranded to Tech.li in May 2011. The website aims to highlight innovation across the country by showcasing the latest developments in technology companies and start-ups. As of July 2017, Tech.li operates as a subsidiary of Publicize, Inc., working to enhance the visibility of emerging technology businesses and contribute to the evolution of technology news media.

Label Insight

Series A in 2014
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

Kypha

Venture Round in 2014
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.

640 Labs

Convertible Note in 2014
640 Labs is a precision farming platform that collects, analyzes and distributes data, effectively optimizing farming operations Farmers have proven to be willing adopters of technology if it provides value. Today, over 35% of all corn, wheat, and soybean farmers are using GPS auto-steered tractors to maximize yield. Now is the time to bring the power of analytics, mobile technologies and cloud computing to provide valuable insight and productivity improvements to farming.

Label Insight

Series A in 2014
Label Insight collects, aggregates and analyzes CPG label data to allow the government, retailers, manufacturers and app developers a comprehensive view of food labels. This includes allergens, additives, ingredient, and claims analysis.

Rithmio

Seed Round in 2014
Rithmio, Inc. specializes in gesture recognition technology, offering a platform that enables the development of accurate and personalized gesture-based products. Its software, known as Constellation, is designed to integrate with various motion-sensing devices, including wearables, smartphones, and connected sports equipment. By operating at the sensor, operating system, or application level, Rithmio's technology tracks and analyzes movements in real time, facilitating the creation of advanced wearable technology and connected clothing. The company has established partnerships with leading semiconductor firms and consumer electronics manufacturers to embed its technology at the System on Chip level. Founded in 2011 and initially known as Neurogito, Rithmio rebranded in 2014 and is based in Chicago, Illinois.

Tech.li

Convertible Note in 2014
Tech.li is an online platform focused on providing news and editorial content related to technology and business. Established in 2010 and based in Chicago, Illinois, the company covers a diverse array of topics, including gaming, social media, mobile technology, Internet culture, and major corporations such as Apple, Facebook, Google, and Microsoft. Originally known as Flyover Geeks, it rebranded to Tech.li in May 2011. The website aims to highlight innovation across the country by showcasing the latest developments in technology companies and start-ups. As of July 2017, Tech.li operates as a subsidiary of Publicize, Inc., working to enhance the visibility of emerging technology businesses and contribute to the evolution of technology news media.

Kypha

Venture Round in 2014
Kypha Inc. is an early-stage life sciences company focused on the discovery, development, and commercialization of in-vitro diagnostic biomarker tests targeting inflammation and autoimmune disorders. Based in St. Louis, Missouri, Kypha's flagship product, the COMP ACT System, is designed to enhance the monitoring and treatment of various health conditions, including lupus, stroke, traumatic brain injury, preeclampsia, infection, kidney disease, and transplant rejection. The system offers a rapid and accurate assessment of inflammation levels in the body, facilitating timely clinical interventions by healthcare professionals. Established in 2009, Kypha has successfully raised over $3 million in private capital and leveraged federal grants to advance its diagnostic offerings towards FDA clearance and commercial launch. The company operates with a small core team, supported by a network of scientific advisors and clinical collaborators.

Ringr

Convertible Note in 2014
RiNGR, Inc. is the developer of the RINGR mobile application, which facilitates high-quality audio conversations between users regardless of their geographical locations. The app allows users to connect instantly through their smartphones or tablets, enabling them to record conversations with remarkable clarity, making it feel as though both parties are in the same room. Users can easily download these recordings for editing, playback, or storage, and share them across various platforms such as blogs, podcasts, and social media. The technology behind RINGR is designed to eliminate sound issues during long-distance interactions, making it an effective tool for interviews and conversations. Based in Champaign, Illinois, RiNGR, Inc. aims to enhance the way people communicate across distances.

Rithmio

Convertible Note in 2014
Rithmio, Inc. specializes in gesture recognition technology, offering a platform that enables the development of accurate and personalized gesture-based products. Its software, known as Constellation, is designed to integrate with various motion-sensing devices, including wearables, smartphones, and connected sports equipment. By operating at the sensor, operating system, or application level, Rithmio's technology tracks and analyzes movements in real time, facilitating the creation of advanced wearable technology and connected clothing. The company has established partnerships with leading semiconductor firms and consumer electronics manufacturers to embed its technology at the System on Chip level. Founded in 2011 and initially known as Neurogito, Rithmio rebranded in 2014 and is based in Chicago, Illinois.

Adarza BioSystems

Series A in 2014
Adarza BioSystems is an early-stage medical diagnostics company developing a rapid and label-free biological assay platform for measuring clinical and point-of-care (POC) samples. In addition to performing sophisticated clinical tests within minutes, this technology potentially allowing hundreds of tests to be run simultaneously on a single chip. It was founded in 2008 and headquartered in St Louis, Missouri.