Keiretsu Capital

Keiretsu Capital, founded in 2013 and headquartered in Seattle with an additional office in San Francisco, operates as a private equity firm specializing in early-stage venture capital. The firm focuses on providing access to proprietary deal flow for its investors, enhancing the value of investments made by members of the Keiretsu Forum. By leveraging the world’s largest angel investor network, Keiretsu Forum, along with other prominent angel groups, Keiretsu Capital aims to achieve significant capital appreciation through investments in high-quality emerging companies. The firm strategically targets sectors such as life sciences, healthcare, technology, and real estate, with a particular emphasis on healthcare devices, information technology, and telecommunications. Through its various co-investment funds, Keiretsu Capital seeks to facilitate the successful presentation of portfolio companies to a broad range of investors, including venture capitalists and corporate investors.

Barry Heninger

Managing Partner, Real Estate Access Fund

Nathan McDonald

Chief Executive Officer & Managing Partner

Past deals in Washington

Tend Health

Venture Round in 2021
MicrobiomX, Inc. develops fecal microbiota transplant solutions. It offers clinicians a non-invasive way to restore their patient’s personalized healthy intestinal microbiome. The company was incorporated in 2020 and is based in Seattle, Washington.

Pattern Computer

Venture Round in 2021
Pattern Computer, Inc. is a pattern discovery company that specializes in uncovering insights from complex datasets. Founded in 2016 and headquartered in Friday Harbor, Washington, the company develops a unique pattern discovery system and platform technology aimed at generating valuable hypotheses and insights for both research and business applications. Its innovative approach enables the identification of novel patterns that conventional techniques often overlook, even when using advanced computing resources. The company's platform is particularly effective in medical research, with applications in breast cancer prognostics and the analysis of microbiome and human gut disorders. Through its hypothesis-generating engine, Pattern Computer seeks to address some of the most challenging problems in the medical field.

Healionics

Venture Round in 2021
Healionics Corporation develops and manufactures synthetic biomaterials and implantable medical devices. It offers STARport HDTM, an implantable device that allows needle-free bloodstream access for hemodialysis treatment; STARgraft, a synthetic vascular graft for maintaining blood flow; and sphere templated angiogenic regeneration technology that provides 3D biomaterial scaffolds that enhance the bio-integration and function of medical implants. The company also provides solutions for implant applications, including the ability to impart resistance to infection and fibrous encapsulation, and promotion of angiogenesis. Healionics Corporation was founded in 2007 and is based in Seattle, Washington.

LumiThera

Series C in 2020
LumiThera, Inc. is a medical device company based in Poulsbo, Washington, that specializes in developing treatment solutions aimed at improving visual function and preventing vision loss due to debilitating eye diseases. The company focuses on photobiomodulation (PBM) therapy, utilizing non-invasive light-emitting diodes (LEDs) and laser treatments to address both acute and chronic ocular conditions. LumiThera's flagship product, The Valeda system, is designed specifically for the treatment of dry age-related macular degeneration (AMD) and other ocular disorders. Founded in 2013, the company is dedicated to halting or slowing the progression of blinding diseases and enhancing the quality of life for patients affected by these conditions.

HaptX

Series A in 2019
HaptX® makes technology that simulates touch sensation with unprecedented realism. HaptX Gloves enable natural interaction and realistic haptic feedback in virtual reality for the first time. Built with patented microfluidic technology, HaptX Gloves feature 130 points of touch feedback, apply 4 lbs. of resistive force feedback per finger, and track hand motions with sub-millimeter precision. Founded by Jake Rubin and Dr. Bob Crockett, HaptX has 35 employees, with offices in Seattle, WA and San Luis Obispo, CA.

Beta Hatch

Seed Round in 2018
Beta Hatch grows insect protein for animal feed. Nutrient balanced fertilizer is a sterile by-product of their process. Beta Hatch knows bugs better than anyone- they use their expertise in entomology to grow the most efficient and nutritious insects. They are currently farming mealworms from their urban farm in Seattle. They believe in changing food systems. Their goal is to develop the technology and knowledge that will make insects the next commodity crop.

OtoNexus Medical Technologies

Private Equity Round in 2017
OtoNexus Medical Technologies Inc. specializes in the design, development, and commercialization of ultrasound medical devices for diagnosing middle ear infections, known as otitis media, in both children and adults. The company's innovative hand-held device enables clinicians to quickly and accurately distinguish between viral and bacterial infections, facilitating appropriate treatment decisions regarding antibiotic use. Utilizing ultrasound technology in a novel manner, the device offers rapid diagnostic results in seconds, making it user-friendly for both physicians and non-physician healthcare providers. Additionally, the incorporation of one-use-per-patient tips generates a recurring revenue stream for the company. Founded in 2010 and based in Seattle, Washington, OtoNexus Medical Technologies aims to improve the efficiency and accuracy of middle ear infection diagnosis.

Blaze Bioscience

Series B in 2017
Blaze Bioscience, Inc., a biotechnology company, develops tumor paint products and Optide-based guided therapeutics. It offers BLZ-100, a tumor paint product candidate for cancer surgery in various solid tumor types that includes an optide, which binds and internalizes into cancer cells, and a fluorescent dye that emits light in the near-infrared range. The company’s products are used in brain, breast, prostate, lung, colorectal, skin, and sarcomas cancer applications. Blaze Bioscience, Inc. was founded in 2010 and is based in Seattle, Washington.

Phytelligence

Convertible Note in 2016
Phytelligence is a product-focused technology company that develops and provides smart plants and solutions to growers, nurseries, and horticultural experts. It provides custom genetic analysis services that assess the similarity or dissimilarity of closely related samples. The company provides plants free of diseases, viruses, and pests. Its portfolio includes the Geneva series, Gisela series, and Krymsk series of rootstocks. Phytelligence was founded in 2012 by Amit Dhingra, and it is based in Pullman, Washington.

Textile-Based Delivery

Venture Round in 2016
Textile-Based Delivery, Inc., doing business as Nufabrx, develops and manufactures medication embedded fabrics. It offers bamboo pillowcase that is embedded with tea tree oil and lavender, which is released while in-sleep. The company provides its products for use in headbands, wristbands, socks, shirts, shorts, underwear, shoes, leggings, athletic shirts, athletic shorts, undergarments, head/wrist bands, hats, and swimwear. Textile-Based Delivery, Inc. was formerly known as Textile-Based Delivery Merger, Inc. The company was founded in 2011 and is based in Seattle, Washington with an additional office in Minneapolis, Minnesota.

Resonance AI

Seed Round in 2016
Resonance AI specializes in the fields of artificial intelligence, analytics, and video streaming. Using advanced machine learning available, Resonance AI’s unmatched efficiency and accuracy enables quick decisions about content and talent grounded in real performance data. It was founded in 2013 and headquartered in Seattle, Washington.

Cone & Steiner

Venture Round in 2016
Cone & Steiner is a one-stop shop brimming indoors and out with fresh flowers and produce, dry goods, ice cream, and a curated selection of prepared foods. It features a unique twist on the corner store it features specialty, local, and staple goods, as well as a robust assortment of craft beers and fine wines.

Reelsonar

Venture Round in 2016
ReelSonar, Inc. designs and develops a mobile application through which the location of fish underneath the water can be determined. It offers iBobber, a software and hardware fish finding product that uses sonar to locate fish down to 135’ in the water, while the application enables users to GPS tag favorite hotspots, map waterbed contours, and measures water temperature. Its iBobber works with smartphones and tablets. The company offers its products through retailers, distributors, and online in the United States, Canada, Europe, Asia, and internationally. ReelSonar, Inc. was incorporated in 2012 and is based in Seattle, Washington.

Precision Image Analysis

Venture Round in 2016
Precision Image Analysis (PIA) provides an innovative remote image post-processing analysis service for use in diagnostic medical studies, including CT and MRI. HIPAA compliant IT architecture enables to upload images, monitor, track, and retrieve analyses remotely. Precision Image Analysis expertly-trained analysts deliver results in as few as two hours. It offers CT and MRI post-processing services to the healthcare and research communities with specific expertise in Cardiac, Vascular and Neuro. Migrating cardiovascular image analysis tasks to PIA means that you don’t have to worry about the schedule, time, or resource bottlenecks. It can easily and inexpensively scale up and down with surges in image analysis volume. No need to hire additional staff, invest in software training, or spend on unnecessary new technology. PIA Medical was founded in 2012 and is headquartered in Kirkland, Washington, United States.

iHealthHome

Venture Round in 2016
iHealthHome, LLC specializes in providing an in-home monitoring and communication system tailored for professional caregivers. Founded in 2009 and based in Honolulu, Hawaii, the company offers a comprehensive data collection device that integrates with web-based software, allowing for seamless communication and care management. Its flagship product, the iHealthNavigator, serves as a care management application designed to equip clinical teams with essential tools to streamline daily tasks and coordinate client care effectively. Targeting home care agencies, complex care coordinators, residential care homes, senior living communities, and family caregivers, iHealthHome aims to enhance the quality, efficiency, and satisfaction of at-home healthcare services. The company operates as a subsidiary of Ho'okele Health Innovations, LLC.

Blaze Bioscience

Venture Round in 2016
Blaze Bioscience, Inc., a biotechnology company, develops tumor paint products and Optide-based guided therapeutics. It offers BLZ-100, a tumor paint product candidate for cancer surgery in various solid tumor types that includes an optide, which binds and internalizes into cancer cells, and a fluorescent dye that emits light in the near-infrared range. The company’s products are used in brain, breast, prostate, lung, colorectal, skin, and sarcomas cancer applications. Blaze Bioscience, Inc. was founded in 2010 and is based in Seattle, Washington.

LumiThera

Venture Round in 2016
LumiThera, Inc. is a medical device company based in Poulsbo, Washington, that specializes in developing treatment solutions aimed at improving visual function and preventing vision loss due to debilitating eye diseases. The company focuses on photobiomodulation (PBM) therapy, utilizing non-invasive light-emitting diodes (LEDs) and laser treatments to address both acute and chronic ocular conditions. LumiThera's flagship product, The Valeda system, is designed specifically for the treatment of dry age-related macular degeneration (AMD) and other ocular disorders. Founded in 2013, the company is dedicated to halting or slowing the progression of blinding diseases and enhancing the quality of life for patients affected by these conditions.

Monitor Mask

Venture Round in 2016
Monitor Mask Inc. is a Seattle-based medical device company that specializes in manufacturing and selling face mask solutions designed for CO2 sampling in sidestream capnography, particularly during sedation anesthesia. Founded in 2012, the company primarily serves hospitals and ambulatory surgery centers, catering to various medical environments such as operating rooms, emergency departments, post-anesthesia care units, intensive care units, emergency medical services, and catheterization laboratories. The initial product, the M1 Capnography Mask, inspired the development of the CapnoVue face mask series, which aims to enhance patient safety and streamline clinical workflows. As of May 2019, Monitor Mask operates as a subsidiary of Salter Labs Inc.

LumiThera

Venture Round in 2016
LumiThera, Inc. is a medical device company based in Poulsbo, Washington, that specializes in developing treatment solutions aimed at improving visual function and preventing vision loss due to debilitating eye diseases. The company focuses on photobiomodulation (PBM) therapy, utilizing non-invasive light-emitting diodes (LEDs) and laser treatments to address both acute and chronic ocular conditions. LumiThera's flagship product, The Valeda system, is designed specifically for the treatment of dry age-related macular degeneration (AMD) and other ocular disorders. Founded in 2013, the company is dedicated to halting or slowing the progression of blinding diseases and enhancing the quality of life for patients affected by these conditions.

Tether Technologies

Series A in 2016
Tether Technologies, Inc. provides a preemptive key loss technology that helps people and businesses maintain security while eliminating key loss events and costly repercussions. It offers ekt (electronic key tether), a preemptive key loss solution that locates the keys before they are lost, as well as keeps the keys within a 15-step radius of the user. The company also provides support services. It serves security, janitorial, property and facility management, hospitality, health care, and law enforcement and corrections markets. The company was founded in 2010 and is based in Seattle, Washington.

WattIQ

Venture Round in 2016
IBIS Networks, Inc. provides energy management solutions for the enterprise sector. The company offers Ibis Plug Load Management System that include InteliSockets that are the energy meters and control points, which plugs in between equipment and the wall sockets; InteliGateways that handles various communications between InteliSockets and InteliNetwork; and InteliNetwork, a cloud-based reporting and control dashboard that provides advanced data visualization, scheduling, and configuration capabilities. It serves schools and higher education, hospitality, and office building markets. The company was incorporated in 2013 and is based in Honolulu, Hawaii with additional offices in California and Washington.

Precision Image Analysis

Venture Round in 2016
Precision Image Analysis (PIA) provides an innovative remote image post-processing analysis service for use in diagnostic medical studies, including CT and MRI. HIPAA compliant IT architecture enables to upload images, monitor, track, and retrieve analyses remotely. Precision Image Analysis expertly-trained analysts deliver results in as few as two hours. It offers CT and MRI post-processing services to the healthcare and research communities with specific expertise in Cardiac, Vascular and Neuro. Migrating cardiovascular image analysis tasks to PIA means that you don’t have to worry about the schedule, time, or resource bottlenecks. It can easily and inexpensively scale up and down with surges in image analysis volume. No need to hire additional staff, invest in software training, or spend on unnecessary new technology. PIA Medical was founded in 2012 and is headquartered in Kirkland, Washington, United States.

KPI Therapeutics

Venture Round in 2015
KPI Therapeutics is a healthcare company that connects initiative between drug development firms and private investors. The company believes that as an industry we can do better than develop just 20 to 30 new drugs per year. Our vision of KPI is to speed the progression of promising drug candidates through the critical translational stage of development and work with commercialization partners who have a strong commitment to improving access to important new medicines. It was founded in 2013 and headquartered in Seattle, Washington.

iHealthHome

Venture Round in 2015
iHealthHome, LLC specializes in providing an in-home monitoring and communication system tailored for professional caregivers. Founded in 2009 and based in Honolulu, Hawaii, the company offers a comprehensive data collection device that integrates with web-based software, allowing for seamless communication and care management. Its flagship product, the iHealthNavigator, serves as a care management application designed to equip clinical teams with essential tools to streamline daily tasks and coordinate client care effectively. Targeting home care agencies, complex care coordinators, residential care homes, senior living communities, and family caregivers, iHealthHome aims to enhance the quality, efficiency, and satisfaction of at-home healthcare services. The company operates as a subsidiary of Ho'okele Health Innovations, LLC.

Tilting Motor Works

Series A in 2015
Tilting Motor Works' patented leaning front trike conversion gives motorcycle riders 3-wheel stability with a 2-wheel ride. Because it leans into the turns like the original motorcycle, the handling and performance is superior to that of any 3-wheel alternative. It lets veteran riders stay connected with their friends on the road for years longer. It gives newer riders the confidence to take command of a big Harley®. Performance enthusiasts like the high-speed cornering that comes with improved traction and braking.

Monitor Mask

Series A in 2015
Monitor Mask Inc. is a Seattle-based medical device company that specializes in manufacturing and selling face mask solutions designed for CO2 sampling in sidestream capnography, particularly during sedation anesthesia. Founded in 2012, the company primarily serves hospitals and ambulatory surgery centers, catering to various medical environments such as operating rooms, emergency departments, post-anesthesia care units, intensive care units, emergency medical services, and catheterization laboratories. The initial product, the M1 Capnography Mask, inspired the development of the CapnoVue face mask series, which aims to enhance patient safety and streamline clinical workflows. As of May 2019, Monitor Mask operates as a subsidiary of Salter Labs Inc.

LumiThera

Series A in 2015
LumiThera, Inc. is a medical device company based in Poulsbo, Washington, that specializes in developing treatment solutions aimed at improving visual function and preventing vision loss due to debilitating eye diseases. The company focuses on photobiomodulation (PBM) therapy, utilizing non-invasive light-emitting diodes (LEDs) and laser treatments to address both acute and chronic ocular conditions. LumiThera's flagship product, The Valeda system, is designed specifically for the treatment of dry age-related macular degeneration (AMD) and other ocular disorders. Founded in 2013, the company is dedicated to halting or slowing the progression of blinding diseases and enhancing the quality of life for patients affected by these conditions.

Precision Image Analysis

Series B in 2015
Precision Image Analysis (PIA) provides an innovative remote image post-processing analysis service for use in diagnostic medical studies, including CT and MRI. HIPAA compliant IT architecture enables to upload images, monitor, track, and retrieve analyses remotely. Precision Image Analysis expertly-trained analysts deliver results in as few as two hours. It offers CT and MRI post-processing services to the healthcare and research communities with specific expertise in Cardiac, Vascular and Neuro. Migrating cardiovascular image analysis tasks to PIA means that you don’t have to worry about the schedule, time, or resource bottlenecks. It can easily and inexpensively scale up and down with surges in image analysis volume. No need to hire additional staff, invest in software training, or spend on unnecessary new technology. PIA Medical was founded in 2012 and is headquartered in Kirkland, Washington, United States.

Aqueduct Critical Care

Venture Round in 2015
Aqueduct Critical Care addresses the critical care problem of managing inter-cranial pressure. Its working prototypes demonstrate the ability to allow the patient to move, and minimize attention from nursing staff. Aqueduct Critical Care was founded in 2013 and is based in Bothell, Washington.

OtoNexus Medical Technologies

Private Equity Round in 2015
OtoNexus Medical Technologies Inc. specializes in the design, development, and commercialization of ultrasound medical devices for diagnosing middle ear infections, known as otitis media, in both children and adults. The company's innovative hand-held device enables clinicians to quickly and accurately distinguish between viral and bacterial infections, facilitating appropriate treatment decisions regarding antibiotic use. Utilizing ultrasound technology in a novel manner, the device offers rapid diagnostic results in seconds, making it user-friendly for both physicians and non-physician healthcare providers. Additionally, the incorporation of one-use-per-patient tips generates a recurring revenue stream for the company. Founded in 2010 and based in Seattle, Washington, OtoNexus Medical Technologies aims to improve the efficiency and accuracy of middle ear infection diagnosis.

Kineta

Series B in 2015
Kineta is a biotechnology company engaging in the discovery and development of antiviral therapies and immune-modulating drugs for the treatment of RNA viruses that include hepatitis C, influenza, West Nile virus, and the common cold. Kineta was founded in 2008 and is based in Seattle, Washington.

KPI Therapeutics

Series A in 2015
KPI Therapeutics is a healthcare company that connects initiative between drug development firms and private investors. The company believes that as an industry we can do better than develop just 20 to 30 new drugs per year. Our vision of KPI is to speed the progression of promising drug candidates through the critical translational stage of development and work with commercialization partners who have a strong commitment to improving access to important new medicines. It was founded in 2013 and headquartered in Seattle, Washington.

Precision Image Analysis

Series B in 2014
Precision Image Analysis (PIA) provides an innovative remote image post-processing analysis service for use in diagnostic medical studies, including CT and MRI. HIPAA compliant IT architecture enables to upload images, monitor, track, and retrieve analyses remotely. Precision Image Analysis expertly-trained analysts deliver results in as few as two hours. It offers CT and MRI post-processing services to the healthcare and research communities with specific expertise in Cardiac, Vascular and Neuro. Migrating cardiovascular image analysis tasks to PIA means that you don’t have to worry about the schedule, time, or resource bottlenecks. It can easily and inexpensively scale up and down with surges in image analysis volume. No need to hire additional staff, invest in software training, or spend on unnecessary new technology. PIA Medical was founded in 2012 and is headquartered in Kirkland, Washington, United States.

Tether Technologies

Venture Round in 2014
Tether Technologies, Inc. provides a preemptive key loss technology that helps people and businesses maintain security while eliminating key loss events and costly repercussions. It offers ekt (electronic key tether), a preemptive key loss solution that locates the keys before they are lost, as well as keeps the keys within a 15-step radius of the user. The company also provides support services. It serves security, janitorial, property and facility management, hospitality, health care, and law enforcement and corrections markets. The company was founded in 2010 and is based in Seattle, Washington.

WattIQ

Convertible Note in 2014
IBIS Networks, Inc. provides energy management solutions for the enterprise sector. The company offers Ibis Plug Load Management System that include InteliSockets that are the energy meters and control points, which plugs in between equipment and the wall sockets; InteliGateways that handles various communications between InteliSockets and InteliNetwork; and InteliNetwork, a cloud-based reporting and control dashboard that provides advanced data visualization, scheduling, and configuration capabilities. It serves schools and higher education, hospitality, and office building markets. The company was incorporated in 2013 and is based in Honolulu, Hawaii with additional offices in California and Washington.