Plymouth Growth

Plymouth Growth is a venture capital firm based in Ann Arbor, Michigan, established in 2002. The firm focuses on growth-stage investments in Midwest-based B2B software, technology, and tech-enabled service companies, primarily those generating between $3 million and $8 million in revenue. With a team that possesses extensive experience as operators, advisors, and investors, Plymouth Growth emphasizes the importance of understanding the people and culture behind a business, in addition to financial metrics. The firm is currently investing from its fourth fund, aiming to partner with entrepreneurs who have demonstrated the ability to achieve significant results with limited resources. Through its investments, Plymouth Growth seeks to foster smart and sustainable growth for the companies it supports.

Jeff Barry

Partner

Ian Bund

Founding Partner

Brook Critchfield

Partner

Michelle Erikson

Senior Associate

Chris Frick

Chief Financial Officer

Mark Horne

Partner

Kevin Terassi

Partner

Kevin Terrasi

Partner

Evan Ufer

Partner

54 past transactions

Deck Commerce

Series A in 2021
Deck Internet Solutions, Inc. develops cloud-based software solutions for e-commerce operations. It offers Deck Commerce, a Software-as-a-Service based omni-channel operations platform that enables the communication between front-end and back-end systems; Distributed Order Management, a solution to automate order processing; and Enterprise Inventory Management, a solution to aggregate and manage inventory across the distribution network. The company was founded in 1998 and is based in Saint Louis, Missouri.

Algo

Venture Round in 2021
Algo, also known as Algomus, Inc., specializes in providing a natural-language bot designed to enhance business operations. The company's primary product, Algo, is an interactive workflow engine that streamlines various tasks such as order placement, shipment corrections, and item tagging, all through simple, conversational language. This technology enables real-time interactive analytics, aligning team performance with established goals and policies, while also allowing for automatic adjustments based on actionable data. Founded in 2016 and headquartered in Troy, Michigan, Algo also has locations in Los Angeles, California, and Princeton, New Jersey. The company aims to transform how organizations understand and leverage data, ultimately helping retailers, distributors, and manufacturers optimize their operations and achieve greater success.

Sensei Labs

Series A in 2021
Sensei Labs creates data-driven digital workplace solutions that solve the challenges facing modern, high-growth companies. We help people orchestrate work with ease, foster innovation, and support collaboration at scale. Today’s leaders need data at their fingertips to propel their business forward, and we provide the tools to push them forward. Conductor and Catalyst, our award winning enterprise SaaS applications, are in use around the globe by some of the world's biggest companies.
EmployStream is a hiring workflow automation software platform for staffing companies and other high-volume employers. It also creates high-quality, user-friendly for high-volume employers that automates the hiring and onboarding process for employers. The platform eliminates costly mistakes and delays allowing companies to hire up to 90% faster and at half the cost. The company provides an online hiring platform which offers different features such as paper onboarding, real-time alerting, online application, background checks, applicant pre & interview screening, and verification. EmployStream was founded in 2014 and is headquartered in Cleveland Ohio, USA.

MentorcliQ

Funding Round in 2019
MentorcliQ operates as a mentoring software solution that helps organizations launch, support, and grow high-impact employee mentoring programs. Its approach drives employee participation and satisfaction by engaging user experience and supporting training resources. MentorcliQ system makes it easy to manage multiple mentoring and talent development programs from a single place. It was founded in 2012 and is headquartered in Columbus, Ohio.

3BG Supply Co.

Series A in 2019
3BG Supply Co. is an online distributor specializing in power transmission components and industrial MRO products. Based in Fort Wayne, Indiana, the company offers a wide range of items including electric motors, various types of transmission belts, and a comprehensive selection of bearings. Additionally, its product line features bronze bushings, casters, chains, conveyor components, couplings, gear boxes, hydraulic pumps, and many other essential components for industrial applications. Founded in 2010, 3BG focuses on providing a streamlined, customer-centric experience through technology and digital solutions, addressing challenges related to product data decentralization in the industry. The company emphasizes operational excellence, customer convenience, and price transparency in its offerings.

Allied Payment Network

Venture Round in 2019
Allied Payment Network Inc. was formed in August 2010 offering online bill payment service to financial institutions including banks and credit unions as well as directly to consumers. With over a thirty years of Bill Pay experience, fifty years of banking experience, a leader who was the CIO of a bank for ten years and is an expert in bank protection; it is evident that Allied Payment Network is a company that ensures a high level of trust and credibility to all of its customers. Virtually all financial institutions offer bill payment service to their Internet banking customers; only a handful of bill payment companies in the business provide this type of service. The bill pay market is still relatively immature in adoption by online banking customers. It is Allied's goal to not only deliver simple and accurate bill pay services, but to also introduce these benefits to institutions in a cost-friendly manner that will help promote bill pay adoption and establish healthy relationships between these institutions' and their customers.

PegEx

Series B in 2018
PegEx, Inc. provides comprehensive environmental services tailored for small and medium-sized businesses across the United States. The company specializes in various sustainability solutions, addressing the environmental and energy challenges faced by industries such as retail, food service, hospitality, and government entities. PegEx offers a wide range of services, including waste disposal and recycling, used oil collection, and specialized waste management for pharmaceuticals, dental operations, and hazardous materials. The company also conducts mold and soil remediation and provides documentation and certification services. Utilizing its advanced, cloud-based PegEx Platform, PegEx enhances productivity, mitigates risks, and streamlines operations for waste management companies. Founded in 2012 and headquartered in Fitchburg, Wisconsin, PegEx is dedicated to managing hazardous waste data and processes efficiently.

Pacejet Logistics

Series D in 2017
Pacejet Logistics, Inc. develops cloud-based platform for enterprise shipping. It offers Pacejet Protection, a shipping insurance program to provide insurance coverage for parcel and freight, increased coverage, quick and easy claims, and integrated coverage selection. The company offers solutions in the areas of freight, postal, consolidator, and LTL shipping for manufacturing, retail, and wholesale industries. Pacejet Logistics, Inc. was founded in 2003 and is based in Columbus, Ohio. As of February 20, 2020, Pacejet Logistics, Inc. operates as a subsidiary of 3Gtms, Inc.

Montage

Series D in 2017
Montage Talent, Inc. specializes in providing live and on-demand voice and video interviewing solutions tailored for large enterprises, healthcare sectors, and staffing and recruitment process outsourcing firms. Established in 2007 and based in Delafield, Wisconsin, the company was previously known as Expressume, Inc. and adopted its current name in 2001. Montage serves a diverse clientele, including numerous Fortune 500 companies, by delivering a modern hiring experience that combines advanced technology with personalized service. As a pioneer in purpose-built video interviewing, Montage's proprietary platform is designed for reliability, scalability, compliance, and security, ensuring it meets enterprise demands. The company emphasizes innovation driven by market needs and data, aiming to enhance the efficiency and predictability of talent acquisition. Additionally, Montage is dedicated to fostering long-term client relationships and providing exceptional support at every stage of the hiring process.

InContext Solutions

Series F in 2016
InContext Solutions, Inc. provides mixed and virtual reality solutions for retail optimization needs. It offers ShopperMX, a web-based three-dimensional simulation software solution for the collaborative ideation, evaluation, and activation of retail experiences. The company provides digital content, virtual simulation, insight and analytics, and retail technology solutions. It caters to consumer packaged goods, retail, consumer electronic, restaurant and food service, home improvement, and apparel and fashion industries. The company was incorporated in 2008 and is based in Chicago, Illinois with operations in London, United Kingdom; Summit, New Jersey; New Brighton, Minnesota; and Milwaukee, Wisconsin.

Quikly

Series C in 2016
Quikly is a digital marketing platform that empowers marketers to consistently acquire, activate, and retain customers, which leads to superior ROI. Leveraging elements of consumer psychology, their solutions deliver highly effective and measurable results across nearly every marketing initiative. Quikly’s technology provides an immediate way for brands to boost digital activation and engagement within existing channels like email, social, and mobile to deliver meaningful revenue over a short period of time. Quikly was founded in 2012 and is headquartered in Detroit, Michigan.

ClearObject

Series E in 2016
ClearObject Corporation is an Internet of Things (IoT) innovator based in Fishers, Indiana, specializing in designing, developing, and managing IoT products and platforms. Founded in 2010, the company offers a range of services, including managed services, professional services, and pilots acceleration, aimed at helping clients integrate and leverage IoT solutions. ClearObject employs a customer-led approach, providing access to a diverse set of expertise, including engineering, analytics, machine learning, and app design. As a certified partner of IBM Watson IoT and Google Cloud Platform, ClearObject utilizes current tools and strategies to assist clients in achieving their IoT objectives and extracting valuable insights from their data. The company was rebranded from CloudOne Corp. in 2017 to emphasize its focus on IoT solutions, and it has since expanded its capabilities with the addition of a Digital Products business unit. ClearObject has received various accolades, including recognition as one of the fastest-growing IT services firms in Indiana.

Wellspring

Series B in 2016
Wellspring Worldwide unifies the process of discovery for organizations that transform knowledge into innovation. Its software products, Sophia, Flintbox, and Zeto manage every step of the Knowledge Supply Chain, enabling leading companies, hospitals, and universities to harness their network of intellectual assets for competitive advantage. It was founded in 20030 and headquartered in Chicago, Illinois.

UICO

Debt Financing in 2015
UICO, LLC develops and manufactures touchscreens and touch surfaces for agriculture, appliance, automotive, industrial, marine, medical, military, and wearables sectors. It offers duraTOUCH, a touch screen solution with various touch screen sizes, and round and square screens for wearables and small screen applications; and duraTOUCH Surface, a wrap-able and bendable solution for applications, including wearable smart devices, automobile surfaces, home appliances, hospital beds, and surgical devices. The company was incorporated in 2007 and is based in Sunnyvale, California with a location in Elmhurst, Illinois.

Nutshell

Series A in 2015
Nutshell, Inc. is a company that designs and develops a modern customer relationship management (CRM) application, aimed at simplifying the management of customer interactions and sales processes for businesses. Founded in 2009 and based in Ann Arbor, Michigan, Nutshell offers features such as integration with Google applications, mobile applications for both iPhone and Android, and robust sales reporting capabilities. The platform is designed with an emphasis on user-friendly and aesthetically appealing interfaces, catering to the needs of modern businesses looking to enhance their sales strategies and customer engagement.

XanEdu

Venture Round in 2015
XanEdu is helping institutions change the course of learning and instruction with innovative solutions for creating, delivering, and managing course materials. They help educators and learners save money, improve efficiency, collaborate, engage more with content, and improve learning outcomes. XanEducourse materials, including CoursePacks, textbooks and lab manuals, are 100 percent copyright compliant and accessible on iPad and Android tablets.

Context Engines

Angel Round in 2015
InContext is an application which automatically organizes your digital life. InContext analyzes the data and relationships from your applications (e.g. mail, contacts, calendar, Evernote, Dropbox/Google drive, desktop folders), organizes it by topic and presents related items in one contextual view ‐ “InContext." Contexts are “virtual smart folders” which are always up‐to‐date with all the most relevant items in your projects. Breaking down app silos, Contexts help you save time, be prepared, stay organized and find what you need in an instant. InContext organizes your data the way you naturally would – by topic. InContext is the natural way to interact with your digital device. Beyond personal productivity and organization, Contexts help with collaboration. Users will be able to share complete Contexts with co‐workers.

365 Retail Markets

Debt Financing in 2015
365 Retail Markets, an expanding, self-checkout technology company based in Troy, Michigan, offers the best-in-class platform for vending, foodservice and hospitality. Its proprietary, 365 MicroMarket, is a turnkey, unmanned market that allows customers to increase sales, improve the customer experience and increase profits while decreasing operating costs. 365 Retail Markets has been pioneering innovation in the vending industry for over five years and continues to revolutionize the market with superior technology and ultimate flexibility in customization and branding. What makes us a global MicroMarket leader? • exceptional service with superior response time •award-winning technology, manufactured in the USA with top ATM quality parts • the best and most comprehensive online management software • proprietary hardware and software with the most technology options • preferred MicroMarket technology of the world's largest vending companies • PCI Certified, for secure credit card processing • 365 Retail Markets allows customer to fully self-brand their markets Company History: •2014: 365 kicks off the year as Michigan Companies to Watch finalist; over a dozen feature upgrades to both its kiosk and web management software; adds the Gen3c Kiosk to product line, QuickCharge capability, multilingual, SMS receipts and more. Maintains 99.99% uptime for both kiosks and software. •2013: 365 is recognized as a Michigan Fast 50 company based on success and revenue growth. Launches the new 365 Gen3 kiosk as a companion to existing portfolio along with multiple payroll deduct and stored value account options. Became the first provider to achieve full PA-DSS certification. 365 moves again to a permanent office and manufacturing facility. Maintains 99.99% uptime for both kiosks and software. •2012: 365’s newly launched Gen2 Kiosk wins the NAMA innovation award; company moves again to accommodate ever growing staff base. Maintains 99% uptime for both kiosks and software. •2011: 365 secures significant funding, and begins large scale roll out to the industry’s largest vending operator. Also, secures new office space to accommodate growth. •2010: 365 complements its industry first RFID system with a barcode only and full Cash-Coin kiosk. •2009: Business operations commenced. •2008: Initial Business Plan and market testing for an RFID based self-checkout system begins.

LYNX Network Group

Series A in 2015
LYNX Network Group was organized in June of 2003 by Gerald Philipp, Gregg Rutgers and Chris Barber each with a varied background in telecommunications dating to the early 1990s. With an advanced understanding of the industry, they quickly climbed to the top of the Ameritech (Midwest RBOC) Distributor program selling a very unique blend of solutions to a fast growing and still maturing voice communications market. In the mid 1990s they focused on an emerging trend that took them into the data aspect of telecommunications. Individually, they participated in the internet boom by providing data services to the growing ISP market. Over this period of rapid growth they were able to develop key relationships while maintaining a keen sense for emerging trends in telecommunications. These relationships with colleagues and customers and the ability to recognize new directions within the industry brought them together to form LYNX.

Keyfactor

Series B in 2015
Keyfactor, formerly Certified Security Solutions (CSS), is a leading provider of secure digital identity management solutions that enables organizations to confirm authenticity, and ensure the right things are interacting in the right ways in our connected world. From an enterprise managing millions of devices and applications that affect people’s lives every day, to a manufacturer aiming to ensure its product will function safely throughout its life cycle, Keyfactor empowers global enterprises with the freedom to master every digital identity. Its clients are the most innovative brands in the industries where trust and reliability matter most.

IDV Solutions

Series C in 2015
IDV Solutions helps organizations take command of operational risk through enterprise risk visualization (ERV) software that alerts organizations about risks and provides tools to quickly assess and take action to minimize the impact of a risk event. Its Visual Command Center® software is an enterprise platform for risk awareness and response used in organizational functions such as business continuity, security, supply chain and operations to mitigate or eliminate the impact of risk events.

LYNX Network Group

Venture Round in 2014
LYNX Network Group was organized in June of 2003 by Gerald Philipp, Gregg Rutgers and Chris Barber each with a varied background in telecommunications dating to the early 1990s. With an advanced understanding of the industry, they quickly climbed to the top of the Ameritech (Midwest RBOC) Distributor program selling a very unique blend of solutions to a fast growing and still maturing voice communications market. In the mid 1990s they focused on an emerging trend that took them into the data aspect of telecommunications. Individually, they participated in the internet boom by providing data services to the growing ISP market. Over this period of rapid growth they were able to develop key relationships while maintaining a keen sense for emerging trends in telecommunications. These relationships with colleagues and customers and the ability to recognize new directions within the industry brought them together to form LYNX.

ClearObject

Series D in 2014
ClearObject Corporation is an Internet of Things (IoT) innovator based in Fishers, Indiana, specializing in designing, developing, and managing IoT products and platforms. Founded in 2010, the company offers a range of services, including managed services, professional services, and pilots acceleration, aimed at helping clients integrate and leverage IoT solutions. ClearObject employs a customer-led approach, providing access to a diverse set of expertise, including engineering, analytics, machine learning, and app design. As a certified partner of IBM Watson IoT and Google Cloud Platform, ClearObject utilizes current tools and strategies to assist clients in achieving their IoT objectives and extracting valuable insights from their data. The company was rebranded from CloudOne Corp. in 2017 to emphasize its focus on IoT solutions, and it has since expanded its capabilities with the addition of a Digital Products business unit. ClearObject has received various accolades, including recognition as one of the fastest-growing IT services firms in Indiana.

InContext Solutions

Series D in 2014
InContext Solutions, Inc. provides mixed and virtual reality solutions for retail optimization needs. It offers ShopperMX, a web-based three-dimensional simulation software solution for the collaborative ideation, evaluation, and activation of retail experiences. The company provides digital content, virtual simulation, insight and analytics, and retail technology solutions. It caters to consumer packaged goods, retail, consumer electronic, restaurant and food service, home improvement, and apparel and fashion industries. The company was incorporated in 2008 and is based in Chicago, Illinois with operations in London, United Kingdom; Summit, New Jersey; New Brighton, Minnesota; and Milwaukee, Wisconsin.

XanEdu

Debt Financing in 2014
XanEdu is helping institutions change the course of learning and instruction with innovative solutions for creating, delivering, and managing course materials. They help educators and learners save money, improve efficiency, collaborate, engage more with content, and improve learning outcomes. XanEducourse materials, including CoursePacks, textbooks and lab manuals, are 100 percent copyright compliant and accessible on iPad and Android tablets.

Keyfactor

Series A in 2014
Keyfactor, formerly Certified Security Solutions (CSS), is a leading provider of secure digital identity management solutions that enables organizations to confirm authenticity, and ensure the right things are interacting in the right ways in our connected world. From an enterprise managing millions of devices and applications that affect people’s lives every day, to a manufacturer aiming to ensure its product will function safely throughout its life cycle, Keyfactor empowers global enterprises with the freedom to master every digital identity. Its clients are the most innovative brands in the industries where trust and reliability matter most.

DocuSphere

Debt Financing in 2014
Founded in 1993 and headquartered in Perrysburg, Ohio, their entire focus is on the development, enhancement, maintenance, implementation, and support of their own DocuSphere solution for accounts payable automation. They deliver “The DocuSphere Difference: The preeminent connected, business-driven AP automation solution – delivered by experienced people for a fixed fee.” Their seasoned professionals are skilled in ERP applications such as accounts payable, sales order processing, billing and shipping. They’ve assisted mid-size to large multinational organizations in a wide variety of industries, in locations across North America and around the world.

IDV Solutions

Series B in 2014
IDV Solutions helps organizations take command of operational risk through enterprise risk visualization (ERV) software that alerts organizations about risks and provides tools to quickly assess and take action to minimize the impact of a risk event. Its Visual Command Center® software is an enterprise platform for risk awareness and response used in organizational functions such as business continuity, security, supply chain and operations to mitigate or eliminate the impact of risk events.

365 Retail Markets

Series A in 2013
365 Retail Markets, an expanding, self-checkout technology company based in Troy, Michigan, offers the best-in-class platform for vending, foodservice and hospitality. Its proprietary, 365 MicroMarket, is a turnkey, unmanned market that allows customers to increase sales, improve the customer experience and increase profits while decreasing operating costs. 365 Retail Markets has been pioneering innovation in the vending industry for over five years and continues to revolutionize the market with superior technology and ultimate flexibility in customization and branding. What makes us a global MicroMarket leader? • exceptional service with superior response time •award-winning technology, manufactured in the USA with top ATM quality parts • the best and most comprehensive online management software • proprietary hardware and software with the most technology options • preferred MicroMarket technology of the world's largest vending companies • PCI Certified, for secure credit card processing • 365 Retail Markets allows customer to fully self-brand their markets Company History: •2014: 365 kicks off the year as Michigan Companies to Watch finalist; over a dozen feature upgrades to both its kiosk and web management software; adds the Gen3c Kiosk to product line, QuickCharge capability, multilingual, SMS receipts and more. Maintains 99.99% uptime for both kiosks and software. •2013: 365 is recognized as a Michigan Fast 50 company based on success and revenue growth. Launches the new 365 Gen3 kiosk as a companion to existing portfolio along with multiple payroll deduct and stored value account options. Became the first provider to achieve full PA-DSS certification. 365 moves again to a permanent office and manufacturing facility. Maintains 99.99% uptime for both kiosks and software. •2012: 365’s newly launched Gen2 Kiosk wins the NAMA innovation award; company moves again to accommodate ever growing staff base. Maintains 99% uptime for both kiosks and software. •2011: 365 secures significant funding, and begins large scale roll out to the industry’s largest vending operator. Also, secures new office space to accommodate growth. •2010: 365 complements its industry first RFID system with a barcode only and full Cash-Coin kiosk. •2009: Business operations commenced. •2008: Initial Business Plan and market testing for an RFID based self-checkout system begins.

UICO

Series C in 2013
UICO, LLC develops and manufactures touchscreens and touch surfaces for agriculture, appliance, automotive, industrial, marine, medical, military, and wearables sectors. It offers duraTOUCH, a touch screen solution with various touch screen sizes, and round and square screens for wearables and small screen applications; and duraTOUCH Surface, a wrap-able and bendable solution for applications, including wearable smart devices, automobile surfaces, home appliances, hospital beds, and surgical devices. The company was incorporated in 2007 and is based in Sunnyvale, California with a location in Elmhurst, Illinois.

365 Retail Markets

Debt Financing in 2013
365 Retail Markets, an expanding, self-checkout technology company based in Troy, Michigan, offers the best-in-class platform for vending, foodservice and hospitality. Its proprietary, 365 MicroMarket, is a turnkey, unmanned market that allows customers to increase sales, improve the customer experience and increase profits while decreasing operating costs. 365 Retail Markets has been pioneering innovation in the vending industry for over five years and continues to revolutionize the market with superior technology and ultimate flexibility in customization and branding. What makes us a global MicroMarket leader? • exceptional service with superior response time •award-winning technology, manufactured in the USA with top ATM quality parts • the best and most comprehensive online management software • proprietary hardware and software with the most technology options • preferred MicroMarket technology of the world's largest vending companies • PCI Certified, for secure credit card processing • 365 Retail Markets allows customer to fully self-brand their markets Company History: •2014: 365 kicks off the year as Michigan Companies to Watch finalist; over a dozen feature upgrades to both its kiosk and web management software; adds the Gen3c Kiosk to product line, QuickCharge capability, multilingual, SMS receipts and more. Maintains 99.99% uptime for both kiosks and software. •2013: 365 is recognized as a Michigan Fast 50 company based on success and revenue growth. Launches the new 365 Gen3 kiosk as a companion to existing portfolio along with multiple payroll deduct and stored value account options. Became the first provider to achieve full PA-DSS certification. 365 moves again to a permanent office and manufacturing facility. Maintains 99.99% uptime for both kiosks and software. •2012: 365’s newly launched Gen2 Kiosk wins the NAMA innovation award; company moves again to accommodate ever growing staff base. Maintains 99% uptime for both kiosks and software. •2011: 365 secures significant funding, and begins large scale roll out to the industry’s largest vending operator. Also, secures new office space to accommodate growth. •2010: 365 complements its industry first RFID system with a barcode only and full Cash-Coin kiosk. •2009: Business operations commenced. •2008: Initial Business Plan and market testing for an RFID based self-checkout system begins.

XanEdu

Series B in 2013
XanEdu is helping institutions change the course of learning and instruction with innovative solutions for creating, delivering, and managing course materials. They help educators and learners save money, improve efficiency, collaborate, engage more with content, and improve learning outcomes. XanEducourse materials, including CoursePacks, textbooks and lab manuals, are 100 percent copyright compliant and accessible on iPad and Android tablets.

LYNX Network Group

Debt Financing in 2013
LYNX Network Group was organized in June of 2003 by Gerald Philipp, Gregg Rutgers and Chris Barber each with a varied background in telecommunications dating to the early 1990s. With an advanced understanding of the industry, they quickly climbed to the top of the Ameritech (Midwest RBOC) Distributor program selling a very unique blend of solutions to a fast growing and still maturing voice communications market. In the mid 1990s they focused on an emerging trend that took them into the data aspect of telecommunications. Individually, they participated in the internet boom by providing data services to the growing ISP market. Over this period of rapid growth they were able to develop key relationships while maintaining a keen sense for emerging trends in telecommunications. These relationships with colleagues and customers and the ability to recognize new directions within the industry brought them together to form LYNX.

InContext Solutions

Series C in 2013
InContext Solutions, Inc. provides mixed and virtual reality solutions for retail optimization needs. It offers ShopperMX, a web-based three-dimensional simulation software solution for the collaborative ideation, evaluation, and activation of retail experiences. The company provides digital content, virtual simulation, insight and analytics, and retail technology solutions. It caters to consumer packaged goods, retail, consumer electronic, restaurant and food service, home improvement, and apparel and fashion industries. The company was incorporated in 2008 and is based in Chicago, Illinois with operations in London, United Kingdom; Summit, New Jersey; New Brighton, Minnesota; and Milwaukee, Wisconsin.

IDV Solutions

Series B in 2012
IDV Solutions helps organizations take command of operational risk through enterprise risk visualization (ERV) software that alerts organizations about risks and provides tools to quickly assess and take action to minimize the impact of a risk event. Its Visual Command Center® software is an enterprise platform for risk awareness and response used in organizational functions such as business continuity, security, supply chain and operations to mitigate or eliminate the impact of risk events.

Relume Technologies

Debt Financing in 2012
Relume manufactures highly efficient, cost-effective LED lighting products based on its patented Silver Circuitry thermal management technology. Incorporated in 1994 as an LED research and development company, Relume quickly became a leading innovator by recognizing and responding to the critical need for advanced thermal management to accompany the strides being made in LED technology. Relume has successfully demonstrated how LED technology can be adapted to replace traditional lighting, particularly in safety critical applications. Relume has developed a number of prototype lighting systems related to covert military communications, mobile hospital and command shelters and LED vehicle lighting systems.

FutureNet Group

Debt Financing in 2012
FutureNet Group (FNG) is a Detroit, Michigan based energy and Environmental, Construction, Technology, and Security company that provides infrastructure improvement and protection through innovative technologies.

DocuSphere

Series B in 2012
Founded in 1993 and headquartered in Perrysburg, Ohio, their entire focus is on the development, enhancement, maintenance, implementation, and support of their own DocuSphere solution for accounts payable automation. They deliver “The DocuSphere Difference: The preeminent connected, business-driven AP automation solution – delivered by experienced people for a fixed fee.” Their seasoned professionals are skilled in ERP applications such as accounts payable, sales order processing, billing and shipping. They’ve assisted mid-size to large multinational organizations in a wide variety of industries, in locations across North America and around the world.

UICO

Series B in 2012
UICO, LLC develops and manufactures touchscreens and touch surfaces for agriculture, appliance, automotive, industrial, marine, medical, military, and wearables sectors. It offers duraTOUCH, a touch screen solution with various touch screen sizes, and round and square screens for wearables and small screen applications; and duraTOUCH Surface, a wrap-able and bendable solution for applications, including wearable smart devices, automobile surfaces, home appliances, hospital beds, and surgical devices. The company was incorporated in 2007 and is based in Sunnyvale, California with a location in Elmhurst, Illinois.

Relume Technologies

Series D in 2012
Relume manufactures highly efficient, cost-effective LED lighting products based on its patented Silver Circuitry thermal management technology. Incorporated in 1994 as an LED research and development company, Relume quickly became a leading innovator by recognizing and responding to the critical need for advanced thermal management to accompany the strides being made in LED technology. Relume has successfully demonstrated how LED technology can be adapted to replace traditional lighting, particularly in safety critical applications. Relume has developed a number of prototype lighting systems related to covert military communications, mobile hospital and command shelters and LED vehicle lighting systems.

LYNX Network Group

Debt Financing in 2011
LYNX Network Group was organized in June of 2003 by Gerald Philipp, Gregg Rutgers and Chris Barber each with a varied background in telecommunications dating to the early 1990s. With an advanced understanding of the industry, they quickly climbed to the top of the Ameritech (Midwest RBOC) Distributor program selling a very unique blend of solutions to a fast growing and still maturing voice communications market. In the mid 1990s they focused on an emerging trend that took them into the data aspect of telecommunications. Individually, they participated in the internet boom by providing data services to the growing ISP market. Over this period of rapid growth they were able to develop key relationships while maintaining a keen sense for emerging trends in telecommunications. These relationships with colleagues and customers and the ability to recognize new directions within the industry brought them together to form LYNX.

RedPath Integrated Pathology

Venture Round in 2011
RedPath Integrated Pathology, LLC operates as a reference laboratory and provides support services for oncology cases. It offers PathFinderTG, a testing platform for resolving diagnoses from the original pathology specimen. The company serves pathologists, clinicians, and patients. RedPath Integrated Pathology, LLC was founded in 2004 and is headquartered in Pittsburgh, Pennsylvania.

LYNX Network Group

Debt Financing in 2011
LYNX Network Group was organized in June of 2003 by Gerald Philipp, Gregg Rutgers and Chris Barber each with a varied background in telecommunications dating to the early 1990s. With an advanced understanding of the industry, they quickly climbed to the top of the Ameritech (Midwest RBOC) Distributor program selling a very unique blend of solutions to a fast growing and still maturing voice communications market. In the mid 1990s they focused on an emerging trend that took them into the data aspect of telecommunications. Individually, they participated in the internet boom by providing data services to the growing ISP market. Over this period of rapid growth they were able to develop key relationships while maintaining a keen sense for emerging trends in telecommunications. These relationships with colleagues and customers and the ability to recognize new directions within the industry brought them together to form LYNX.

DocuSphere

Series A in 2010
Founded in 1993 and headquartered in Perrysburg, Ohio, their entire focus is on the development, enhancement, maintenance, implementation, and support of their own DocuSphere solution for accounts payable automation. They deliver “The DocuSphere Difference: The preeminent connected, business-driven AP automation solution – delivered by experienced people for a fixed fee.” Their seasoned professionals are skilled in ERP applications such as accounts payable, sales order processing, billing and shipping. They’ve assisted mid-size to large multinational organizations in a wide variety of industries, in locations across North America and around the world.

IDV Solutions

Series A in 2010
IDV Solutions helps organizations take command of operational risk through enterprise risk visualization (ERV) software that alerts organizations about risks and provides tools to quickly assess and take action to minimize the impact of a risk event. Its Visual Command Center® software is an enterprise platform for risk awareness and response used in organizational functions such as business continuity, security, supply chain and operations to mitigate or eliminate the impact of risk events.

CleveX

Venture Round in 2010
CleveX, Inc., a medical device company, develops disposable surgical instruments. The company offers skin biopsy, closure, and repair solutions for use in primary care, family, obstetrician/gynecology, and dermatology physician practices. It offers ExiClip, a disposable single-step skin lesion removal and sutureless closure device that excises skin lesion and closes wounds in a single step; and related accessories. The company serves customers through distributors in the United States. CleveX was founded in 2003 and is based in Columbus, Ohio.

V.I.O.

Venture Round in 2010
V.I.O. is a leading video technology company that pioneered the point-of-view (POV) category more than a decade ago. V.I.O. provides a wide range of video solutions, selling products designed for a broad spectrum of industry segments and applications, including B2B and B2C. V.I.O. is the manufacturer of the POV.HD and Stream. The POV.HD is a compact camera that is ideal for capturing video from a fixed or mounted position. The POV.HD features a 2-inch display screen and four recording modes. POV.HD can be operated with a wireless remote control. The V.I.O. Stream is a camera that facilitates real-time full HD 1080p video streaming for any browser-based device. Stream is Web programmable, allowing complete control of features from any browser-based device, includes an open API designed for seamless integration and features a simple HTTP and XML-based architecture. Stream also features a rugged form factor, superior connectivity and multiple power options. V.I.O. is based in Minneapolis, Minnesota.

Pump Engineering

Series A in 2008
Pump Engineering is an energy company. The company's line of business includes the wholesale distribution of industrial machinery and equipment. Pump Engineering was founded in 1986 and is headquartered in New Boston, Michigan.

CleveX

Venture Round in 2008
CleveX, Inc., a medical device company, develops disposable surgical instruments. The company offers skin biopsy, closure, and repair solutions for use in primary care, family, obstetrician/gynecology, and dermatology physician practices. It offers ExiClip, a disposable single-step skin lesion removal and sutureless closure device that excises skin lesion and closes wounds in a single step; and related accessories. The company serves customers through distributors in the United States. CleveX was founded in 2003 and is based in Columbus, Ohio.

Zebra Ventures

Post in 2008
Zebra Ventures is the strategic investment arm of Zebra Technologies, focusing on early-stage companies that align with the vision of Enterprise Asset Intelligence. The firm seeks partnerships that enhance productivity and improve customer experiences across various sectors, including retail, transportation, logistics, warehousing, manufacturing, and healthcare. Zebra Ventures combines the rigor of a financial investor with the advantages of a strategic partner, offering venture capital to support companies through their startup, growth, and expansion phases. In addition to financial support, it leverages its deep industry expertise, engineering resources, and extensive distribution network to aid portfolio companies in achieving their growth objectives.

Janeeva

Venture Round in 2007
Janeeva provides the most comprehensive set of software to both users and providers of outsourcing services for Outsourcing Relationship Management (ORM). The Janeeva Assurance family of products provides a one-stop shop for governance activities of outsourced operations. With Janeeva Assurance, governance groups, providers and internal customers know exactly where to go to arrange for additional resources, raise or manage an issue, track SLAs, or compare performance across multiple providers. The transparency that can be achieved with Janeeva Assurance and the institutional memory it creates, increases efficiency of interactions, promotes trust and minimizes missed opportunities. And the wealth of data collected by Janeeva Assurance can be mined to identify trends, process bottlenecks and best practices.

Accuri Cytometers

Series A in 2005
Accuri Cytometers was founded to address a compelling need: life scientists love the rapid cell-by-cell analysis capability of flow cytometers, but too few have a flow cytometer in their lab. The barriers for most researchers include cost of the instrument, complexity of the software, effort required for maintenance, and the large amount of bench space required for the instrument. As a result, the company is looking to develop affordable and robust cytometers.

QRxPharma

Series A in 2003
QRxPharma Limited is an Australian pharmaceutical company focused on the development and commercialization of innovative pain management and abuse prevention products. Based in Camberwell, Australia, the company emphasizes enhancing the clinical utility of existing compounds while introducing new solutions to the market. Its product portfolio includes both late and early-stage drug candidates, particularly the immediate release MOXDUO®, a dual opioid formulation combining morphine and oxycodone, aimed at treating acute pain. QRxPharma also features Stealth Beadlets™, a proprietary abuse-deterrent technology applicable to solid dosage forms. The company has established strategic partnerships for the commercialization of MOXDUO in various regions, including the United States, Canada, Australia, and South Africa. Additionally, it is collaborating with Aesica Formulation Development Limited to promote its abuse deterrence technology. While QRxPharma has faced challenges in its operations, it remains committed to advancing its product pipeline and improving patient outcomes.