Nashville Capital Network

Nashville Capital Network, established in 2003 and headquartered in Nashville, Tennessee, is dedicated to accelerating the growth of early-stage companies, particularly in the healthcare and technology sectors. The firm nurtures promising entrepreneurs by connecting them with experienced investors and providing guidance throughout the fundraising process. Nashville Capital Network has built a robust network of committed individual investors who have contributed over $42 million to companies within Tennessee. Additionally, the firm manages several investment funds, including NCN Angel Fund I, NCN Angel Fund II, and the TNInvestco Tennessee Angel Fund, further enhancing its capacity to support local entrepreneurs.

Jay Baker

Associate

T. Sidney Chambless

Managing Partner and Executive Director

Sid Chambless

Executive Director / Managing Partner

Chase Perry

Director / Managing Partner

Morgan Pisano

Director of Operations

Dustin Rohrer

Associate

Past deals in Tennessee

CareHarmony

Series A in 2022
At CareHarmony, we seek to improve the patient experience and clinical outcomes by providing compassionate, whole-person care coordination services. Our high-tech, high-touch offering includes a turnkey Chronic Care Management solution designed to offer healthcare providers an easy, limited-risk first step into value-based care.

Ambition

Series B in 2021
Ambition Solutions, LLC is a software company based in Chattanooga, Tennessee, established in 2013. It provides an agile sales management platform designed to enhance performance for remote and in-office teams. The platform allows organizations to categorize employees by functional roles and set benchmarks to generate the Ambition Score, a metric that reflects overall performance. Ambition promotes transparency by enabling real-time monitoring of performance and momentum, which helps sales leaders coach their teams more effectively while reducing management burdens. The company's focus on positive accountability and team inspiration aims to create a goal-oriented environment that fosters economic opportunity and flexibility, thereby optimizing remote work success.

XOi Technologies

Series C in 2019
XOi Technologies specializes in developing firmware and software solutions for wearable devices aimed at blue-collar industries, particularly in field service sectors such as electrical, mechanical, and plumbing. The company offers a range of products, including the XOEye Vision Cloud, which serves as a mobile device management platform, and the XOEye Vision Runtime Environment, enabling interaction with wearable applications through various controls like touch, voice, and gestures. Additionally, XOi Technologies provides the XOEye Vision service for managing wearable devices and applications, along with XOne, a portable technology facilitating real-time video and audio instructions between suppliers and technicians. By leveraging advanced technologies such as natural language processing, machine learning, and computer vision, XOi Technologies enhances data capture, communication, and customer service transparency in the field service industry. Founded in 2010, the company is headquartered in Nashville, Tennessee.

JumpCrew

Series B in 2019
JumpCrew LLC provides sales and marketing solutions through a client acquisition platform. The company blends digital marketing tools and lead generation strategies, such as email, content, and voice marketing with sales execution to provide social media marketing and management solutions for local businesses. The company was incorporated in 2016 and is based in Nashville, Tennessee.

Bellhop

Series C in 2018
Bellhops, Inc. is a rapidly growing moving services company based in Chattanooga, Tennessee, founded in 2013. It specializes in providing loading and unloading services for trucks, trailers, storage units, and mobile storage containers, as well as heavy lifting services. Bellhops connects college students with individuals and businesses in need of moving assistance through its user-friendly online platform and mobile application. The company caters to small and medium-scale moves and operates in 55 cities across the United States, with plans for further expansion. By leveraging technology, Bellhops aims to enhance customer experiences and offer competitive pricing compared to traditional moving services in the $18 billion industry.

CareHarmony

Venture Round in 2018
At CareHarmony, we seek to improve the patient experience and clinical outcomes by providing compassionate, whole-person care coordination services. Our high-tech, high-touch offering includes a turnkey Chronic Care Management solution designed to offer healthcare providers an easy, limited-risk first step into value-based care.

Trilliant Health

Series A in 2018
Trilliant Health, Inc. is an analytics and data science company based in Brentwood, Tennessee, that specializes in providing intelligent patient acquisition solutions. Founded in 1989, it integrates all-payer claims data, household information, and patient-generated data to enhance healthcare marketing and operational effectiveness. Trilliant Health offers a comprehensive suite of products and services, including an analytics platform, physician relationship management tools, and consumer acquisition solutions, aimed at strengthening hospitals and improving their growth potential. Through its innovative approach, Trilliant Health leverages technology and data to support healthcare organizations in optimizing patient engagement and operational performance.

XOi Technologies

Series B in 2017
XOi Technologies specializes in developing firmware and software solutions for wearable devices aimed at blue-collar industries, particularly in field service sectors such as electrical, mechanical, and plumbing. The company offers a range of products, including the XOEye Vision Cloud, which serves as a mobile device management platform, and the XOEye Vision Runtime Environment, enabling interaction with wearable applications through various controls like touch, voice, and gestures. Additionally, XOi Technologies provides the XOEye Vision service for managing wearable devices and applications, along with XOne, a portable technology facilitating real-time video and audio instructions between suppliers and technicians. By leveraging advanced technologies such as natural language processing, machine learning, and computer vision, XOi Technologies enhances data capture, communication, and customer service transparency in the field service industry. Founded in 2010, the company is headquartered in Nashville, Tennessee.

Contessa

Series B in 2016
Contessa is a Nashville-based company that specializes in Home Recovery Care, a model that provides hospital-level care to patients in their homes. Founded in 2015, Contessa aims to improve patient outcomes while reducing costs for health systems and health plans. The company's proprietary health informatics platform supports its services, which include home hospitalization programs and bundled payment managed services. ContessaCare enables healthcare providers to administer inpatient care without the need for hospital admission, enhancing the patient experience. Additionally, the company offers ContradoClaim, a claims analytics solution that facilitates prospective payment administration. Through its innovative approach, Contessa is leading the way in transforming care delivery in the healthcare sector.

Emma

Venture Round in 2015
Emma, Inc. specializes in developing email marketing software aimed at enhancing online communication for a diverse clientele, including agencies, universities, non-profits, and retailers. Founded in 2002 and based in Nashville, Tennessee, Emma provides an email automation platform known as Emma Plus. This platform allows marketers to create targeted campaigns based on customer behavior, facilitating features such as audience segmentation, A/B testing, and mobile email marketing. Emma's software also includes tools for designing custom branded templates, creating landing pages, and tracking campaign performance through insightful metrics and dashboards. With over 45,000 customers, Emma combines sophisticated design with user-friendly features and robust customer support, making it a comprehensive solution for managing email newsletters and automated campaigns effectively.

NuScriptRx

Series D in 2014
NuScriptRX, Inc. operates a long-term care pharmacy store. The company engages in delivering medications to long-term care facilities. NuScriptRX, Inc. was formerly known as New Day Pharmacy Corporation. The company was incorporated in 2004 and is based in Nashville, Tennessee.

LiveSchool

Series A in 2014
LiveSchool, Inc. (LiveSchool) sells subscriptions to a tablet-based application (“app”) for tracking and managing student data. The software dramatically reduces the time teachers spend on administrative tasks and provides real-time feedback that improves student accountability, parent involvement, and educational leadership's access to timely, actionable data.

Concert Genetics

Series B in 2014
Concert Genetics helps physicians order genetic tests by providing them with the information they need to find the right test for their patients quickly and efficiently. Today, physicians can utilize genetic tests to diagnose over 2,000 diseases. A proper diagnosis leads to more effective treatment and improved clinical outcomes. However, most physicians are not trained in genetics and have little understanding of how to utilize these tests. Concert Genetics is filling this gap with the creation of a one-stop, web-based marketplace that physicians can utilize as resources for all their genetic testing needs. Through this tool, we will improve the efficiency and effectiveness of the market between physicians and genetic reference labs.

Edo Interactive

Venture Round in 2014
Edo Interactive specializes in providing personalized offers that are automatically accessible through credit and debit cards, as well as mobile devices. The company facilitates the connection between online advertising and in-store results, enabling advertisers to deliver targeted, card-linked offers via partnerships with banks. This innovative approach capitalizes on the convergence of digital marketing, personalization, and mobile technology. Edo Interactive is headquartered in Nashville, Tennessee, with additional offices in Chicago, New York City, and Atlanta.

Digital Reasoning

Venture Round in 2014
Digital Reasoning Systems, Inc. specializes in developing data analytic solutions that process and organize unstructured data into meaningful insights. The company's flagship product, Synthesys, is an entity-oriented analytics software that automates the categorization, linking, retrieval, and profiling of unstructured data. It incorporates advanced features such as natural language processing, entity resolution, geo reasoning, temporal reasoning, and link analysis, while also providing visualization tools to illustrate connections within data sets. Digital Reasoning serves a diverse range of sectors, including government, legal, medical, and financial markets, and offers solutions tailored for intelligence analysts and cloud security. Founded in 2000 and headquartered in Franklin, Tennessee, the company maintains additional offices in New York City, Washington, D.C., and London, U.K. Digital Reasoning has established strategic partnerships to enhance its offerings and expand its reach in the marketplace.

Shareable Ink

Series C in 2013
Shareable Ink is an enterprise cloud computing firm that transforms point-of-care clinical documentation to structured data and analytics. Shareable Ink provides a software platform that enables health care organizations of all sizes to convert handwritten information on paper forms to data for electronic health records and other information systems. It was founded in 2009 and headquartered in Nashville, Tennessee.

OnFocus Healthcare

Venture Round in 2013
Originally founded in 1985 as a healthcare strategic planning consulting firm called m21partners, onFocus Healthcare was re-incorporated in 2008 as a business execution software solutions company. Today, onFocus is the leading provider of enterprise performance management (EPM) software and support services for the healthcare marketplace. Their product, onFocus epm™, ensures that patients get better, faster, and less expensive care by helping hospitals continuously execute and perform at higher levels. They are dedicated to the success of healthcare organizations and the executives, managers and employees who lead them. Through the use of their software products and advisory services, they strive to improve the execution success and performance of every provider they work with by at least 20%.

Edo Interactive

Venture Round in 2013
Edo Interactive specializes in providing personalized offers that are automatically accessible through credit and debit cards, as well as mobile devices. The company facilitates the connection between online advertising and in-store results, enabling advertisers to deliver targeted, card-linked offers via partnerships with banks. This innovative approach capitalizes on the convergence of digital marketing, personalization, and mobile technology. Edo Interactive is headquartered in Nashville, Tennessee, with additional offices in Chicago, New York City, and Atlanta.

Snapshot Interactive

Seed Round in 2013
Snapshot Interactive, LLC is a digital agency based in Nashville, Tennessee, with additional offices in St. Louis and Austin. Established in 2010, the company specializes in video production, web design, and development, offering a range of services that include commercial videos, motion graphics, corporate profiles, and promotional content. In addition to video services, Snapshot Interactive provides comprehensive web design and digital marketing strategies, helping clients enhance their online presence and effectively showcase their products and services. With a team of over 35 creative professionals, the agency manages all aspects of production in-house, from video shooting and editing to application design and coding. This holistic approach enables Snapshot Interactive to deliver tailored solutions that meet the evolving needs of their clients in the digital landscape.

Aspire Health

Series A in 2013
Aspire Health is a new healthcare company that specializes in providing an extra layer of support to patients facing a serious illness. The company's clinicians are experts in providing patients with relief from the symptoms, pain, and stress of a serious illness, helping patients and caregivers navigate the healthcare system; guiding patients and caregivers through difficult and complex treatment choices, and providing emotional and spiritual support to patients and their families. The company's practice in each market provides disease management and care coordination across many settings including outpatient clinics, patients’ homes, and assisted living centers. It was established in 2012 and is based in Nashville, Tennessee, United States.

NuScriptRx

Venture Round in 2013
NuScriptRX, Inc. operates a long-term care pharmacy store. The company engages in delivering medications to long-term care facilities. NuScriptRX, Inc. was formerly known as New Day Pharmacy Corporation. The company was incorporated in 2004 and is based in Nashville, Tennessee.

Unity Physician Partners

Seed Round in 2013
Unity Physician Partners, Inc. is a healthcare provider based in Franklin, Tennessee, specializing in primary care and behavioral healthcare services. The organization serves patients in Middle Tennessee and South Central Indiana, positioning itself as the provider of choice for individuals, physicians, and communities. Unity Physician Partners employs a holistic, person-centered approach to healthcare, focusing on integrated services that aim to enhance patient care while reducing overall healthcare costs. The company is committed to addressing the needs of underserved populations, ensuring access to essential behavioral and primary healthcare services.

NeighborMD

Seed Round in 2013
NeighborMD is a healthcare provider based in Plantation, Florida, operating a network of neighborhood health clinics. The company offers a range of medical services, focusing on treatment for episodic illnesses and injuries, as well as wellness programs. Their offerings include sports and executive physicals, immunizations, and various screening and testing panels. NeighborMD aims to deliver healthcare in a community-oriented manner, enhancing accessibility and personal engagement in health management.

American Hometown Media

Seed Round in 2013
American Hometown Media, Inc. owns and operates an Internet platform to engage in analog publishing of American home cooks. The company syndicates the editorial content featuring journalism celebrating hometown cooks to community newspapers, magazines, and other media around the country. It also offers Just A Pinch Recipes, a digital recipe and coupon social network with a focus on home cooks; and Just A Pinch Syndicated Media, a platform to deliver content on home cooks, recipes, and snapshots of the culture and heritage of America's hometowns to media contacts. The company was founded in 2011 and is based in Nashville, Tennessee.

NuScriptRx

Venture Round in 2013
NuScriptRX, Inc. operates a long-term care pharmacy store. The company engages in delivering medications to long-term care facilities. NuScriptRX, Inc. was formerly known as New Day Pharmacy Corporation. The company was incorporated in 2004 and is based in Nashville, Tennessee.

LiveSchool

Series A in 2013
LiveSchool, Inc. (LiveSchool) sells subscriptions to a tablet-based application (“app”) for tracking and managing student data. The software dramatically reduces the time teachers spend on administrative tasks and provides real-time feedback that improves student accountability, parent involvement, and educational leadership's access to timely, actionable data.

NeighborMD

Seed Round in 2012
NeighborMD is a healthcare provider based in Plantation, Florida, operating a network of neighborhood health clinics. The company offers a range of medical services, focusing on treatment for episodic illnesses and injuries, as well as wellness programs. Their offerings include sports and executive physicals, immunizations, and various screening and testing panels. NeighborMD aims to deliver healthcare in a community-oriented manner, enhancing accessibility and personal engagement in health management.

American Hometown Media

Seed Round in 2012
American Hometown Media, Inc. owns and operates an Internet platform to engage in analog publishing of American home cooks. The company syndicates the editorial content featuring journalism celebrating hometown cooks to community newspapers, magazines, and other media around the country. It also offers Just A Pinch Recipes, a digital recipe and coupon social network with a focus on home cooks; and Just A Pinch Syndicated Media, a platform to deliver content on home cooks, recipes, and snapshots of the culture and heritage of America's hometowns to media contacts. The company was founded in 2011 and is based in Nashville, Tennessee.

NuScriptRx

Series C in 2012
NuScriptRX, Inc. operates a long-term care pharmacy store. The company engages in delivering medications to long-term care facilities. NuScriptRX, Inc. was formerly known as New Day Pharmacy Corporation. The company was incorporated in 2004 and is based in Nashville, Tennessee.

Complete Holdings Group

Private Equity Round in 2012
Complete Holdings Group, Inc. is a company based in Franklin, Tennessee, that specializes in workers' compensation revenue management services. Through its subsidiary EnableComp, LLC, it assists hospitals and health systems across the United States in managing and optimizing their workers' compensation claims. The company offers a range of services including CompDirect for day-one outsourcing of claims processing, CompRecover for reviewing zero balance claims, CompResolve for collecting aged accounts, CompAdvocate for negotiating settlements, and ContractVue for analyzing workers' compensation agreements. Additionally, Complete Holdings Group aids healthcare providers in identifying and collecting rightful revenue from workers' compensation insurance and helps insurers and self-insured entities in recapturing overpayments to healthcare providers. Established in 2000, the company focuses on enhancing the financial performance of its clients within the healthcare sector.

Inova Payroll

Series B in 2012
Inova Payroll, Inc., a payroll service provider, provides payroll, human resource (HR), tax filing, and related services for companies in the United States. It offers 401(k), Section 125, health insurance, workers compensation, time and attendance, background screening, COBRA administration, PayCards, and tax credits program services. The company’s tax filing and reporting services include filing, reporting, and depositing of payroll taxes and returns. Its services also cover federal, state, and local jurisdictions; detailed pay period reports; quarterly and annual reporting; and W2s/1099s. In addition, the company offers online tools for employee tracking, real-time HR reporting, HR on demand services, and time and pay entry. Inova Payroll was founded in 2010 and is based in Nashville, Tennessee with branch offices in Chattanooga and Knoxville, Tennessee. It has field offices in Nashville, Chattanooga, and Knoxville, Tennessee; Lancaster, Pennsylvania; and Atlanta, Georgia.

American Hometown Media

Seed Round in 2011
American Hometown Media, Inc. owns and operates an Internet platform to engage in analog publishing of American home cooks. The company syndicates the editorial content featuring journalism celebrating hometown cooks to community newspapers, magazines, and other media around the country. It also offers Just A Pinch Recipes, a digital recipe and coupon social network with a focus on home cooks; and Just A Pinch Syndicated Media, a platform to deliver content on home cooks, recipes, and snapshots of the culture and heritage of America's hometowns to media contacts. The company was founded in 2011 and is based in Nashville, Tennessee.

NuScriptRx

Series C in 2011
NuScriptRX, Inc. operates a long-term care pharmacy store. The company engages in delivering medications to long-term care facilities. NuScriptRX, Inc. was formerly known as New Day Pharmacy Corporation. The company was incorporated in 2004 and is based in Nashville, Tennessee.

Inova Payroll

Series A in 2011
Inova Payroll, Inc., a payroll service provider, provides payroll, human resource (HR), tax filing, and related services for companies in the United States. It offers 401(k), Section 125, health insurance, workers compensation, time and attendance, background screening, COBRA administration, PayCards, and tax credits program services. The company’s tax filing and reporting services include filing, reporting, and depositing of payroll taxes and returns. Its services also cover federal, state, and local jurisdictions; detailed pay period reports; quarterly and annual reporting; and W2s/1099s. In addition, the company offers online tools for employee tracking, real-time HR reporting, HR on demand services, and time and pay entry. Inova Payroll was founded in 2010 and is based in Nashville, Tennessee with branch offices in Chattanooga and Knoxville, Tennessee. It has field offices in Nashville, Chattanooga, and Knoxville, Tennessee; Lancaster, Pennsylvania; and Atlanta, Georgia.

Shareable Ink

Series A in 2010
Shareable Ink is an enterprise cloud computing firm that transforms point-of-care clinical documentation to structured data and analytics. Shareable Ink provides a software platform that enables health care organizations of all sizes to convert handwritten information on paper forms to data for electronic health records and other information systems. It was founded in 2009 and headquartered in Nashville, Tennessee.

OnFocus Healthcare

Series B in 2010
Originally founded in 1985 as a healthcare strategic planning consulting firm called m21partners, onFocus Healthcare was re-incorporated in 2008 as a business execution software solutions company. Today, onFocus is the leading provider of enterprise performance management (EPM) software and support services for the healthcare marketplace. Their product, onFocus epm™, ensures that patients get better, faster, and less expensive care by helping hospitals continuously execute and perform at higher levels. They are dedicated to the success of healthcare organizations and the executives, managers and employees who lead them. Through the use of their software products and advisory services, they strive to improve the execution success and performance of every provider they work with by at least 20%.

Medical Direct Club

Series A in 2009
Medical Direct Club, LLC distributes catheter products and urological supplies in the United States. It offers intermittent, closed system, coude, external, foley, hydrophilic, DEHP free, latex free, and virtually pain free catheters for patients with chronic medical diagnoses, such as spinal cord injuries, multiple sclerosis, transverse myelitis, and spina bifida. It also offers Medicare, Medicaid, and insurance for urological supplies. The company was formerly known as Medical Care Club, LLC. Medical Direct Club, LLC was founded in 2009 and is based in Nashville, Tennessee. As of December 7, 2015, Medical Direct Club, LLC operates as a subsidiary of Comfort Medical, LLC.

Silvercare Solutions

Series A in 2009
Silvercare Solutions was founded in 2008 to provide on-site continence care services to long-term care facilities. Silver Care Solutions, the Nashville-based provider of incontinence care for residents of nursing homes and assisted living centers, said it raised $3 million in March, 2011 through a new financing round to fund the company’s growth. The money is being used to hire 22 specialized nurse practitioners and 22 clinical assistants to provide the incontinence care to the seniors. Previously, Silver Care had only 14 nurse practitioners and 12 clinical assistants. The company also has hired three regional account directors with plans to add a fourth person to pursue new nursing home and other clients and identify more potential patients within existing client nursing homes. FCA Venture Partners led the financing round. The Tennessee Angel Fund, a TNInvestco fund managed by the Nashville Capital Network, made a co-investment.

Pathfinder Technologies

Venture Round in 2008
Pathfinder Technologies (formerly Pathfinder Therapeutics, Inc.), a medical device company, engages in the design, development, and manufacture of solutions in the field of navigated abdominal surgery. The company provides an integrated intra-operative image guidance system for open liver surgical procedure; and accessories, including IRED localization probes, navigated RF ablators, and navigated ultrasonic aspirators. Its system consists of a software architecture that allows the surgeon to display a 3D view of the liver. Its system is used in various open liver surgery applications, including hepatic resection, open ablation, open biopsy, living donor transplant, cyst removal, and tumor removal. Pathfinder Technologies was founded in 2004 and is based in Nashville, Tennessee.

Edo Interactive

Series A in 2008
Edo Interactive specializes in providing personalized offers that are automatically accessible through credit and debit cards, as well as mobile devices. The company facilitates the connection between online advertising and in-store results, enabling advertisers to deliver targeted, card-linked offers via partnerships with banks. This innovative approach capitalizes on the convergence of digital marketing, personalization, and mobile technology. Edo Interactive is headquartered in Nashville, Tennessee, with additional offices in Chicago, New York City, and Atlanta.

BreatheAmerica

Series A in 2008
BreatheAmerica provides treatment facilities for patients suffering from breathing and other related allergic problems. BreatheAmerica is a company dedicated to improving how healthcare services are delivered to patients who suffer from chronic airway diseases - allergy, sinusitis, asthma, and other related diseases - with the goal of improving outcomes, reducing healthcare expenditures, and delivering an exceptional, differentiated patient experience. Joseph C. Hutts and Derril Reeves formed the company in Nashville, Tennesee in 2006.

Protein Discovery

Series C in 2008
Protein Discovery, Inc., a life sciences company, develops and commercializes sample preparation technologies that enable protein and peptide analysis using mass spectrometry. It provides Gelfree 8100, a fractionation system that partitions complex protein mixtures into liquid-phase molecular weight fractions; Passport 1200, a sample preparation system that enriches low molecular weight proteins and peptides, and removes matrix interferences for high-throughput quantification applications; and PPS Silent Surfactant, a protein preparation reagent that solubilizes membrane proteins and cleaves to eliminate detergent interference. The company also provides UPX universal protein extraction kit for detergent extraction of proteins from cells and tissues. It serves life science researchers and drug development scientists. The company markets its products through Agilent Technologies, as well as online in the United States and internationally. Protein Discovery, Inc. was founded as Qgenics Biosciences, Inc. in 2001 and changed its name to Protein Discovery, Inc. in April 2004. The company is based in Knoxville, Tennessee.