Chrysalis Ventures

Chrysalis Ventures is a private equity firm based in Louisville, Kentucky, established in 1993. The firm specializes in providing equity capital to early-stage and expansion-stage companies primarily in the Midwest and South, focusing on sectors such as healthcare services and technology, media and communications, and business services. Chrysalis Ventures aims to support young growth companies that are typically underserved by traditional venture capital sources. As a Registered Investment Adviser, the firm manages investments through its venture capital fund, Chrysalis Ventures II, and is dedicated to fostering innovation and entrepreneurship in the Mid-America region.

Irv Bailey

Venture Partnre

Jeremy Burtel

Vice President, Finance and Administration

Douglas Cobb

Entrepreneur-in-Residence

Charlie Crawford

Vice President

David A. Jones JR.

Founder & President

Wright Steenrod

Partner

Richard Vance

Operating Partner

Past deals in Kentucky

Lucina Health

Seed Round in 2019
Lucina Health, Inc. is a data-driven enterprise software company based in Louisville, Kentucky, specializing in maternity analytics. The company provides a platform called Firefly, which aggregates and analyzes patient and population data in real-time. This platform is designed for health plans, Medicaid providers, and public entities, enabling them to improve health outcomes and reduce costs. Firefly includes a mobile app that facilitates communication between healthcare providers and patients, empowering women to manage their pregnancies effectively. Additionally, Lucina Health focuses on identifying women at risk of preterm birth, often within the first trimester, and offers personalized resources to support their health. By serving mothers, care managers, and communities, Lucina Health aims to enhance birth outcomes and foster healthier populations over time. The company, originally known as Cervilenz Inc., was rebranded in September 2015 and operates as a subsidiary of Unified Women's Healthcare LLC.

EdjAnalytics

Seed Round in 2018
EdjAnalytics is a developer of predictive modeling techniques intended to businesses in data analytics. The company's techniques offer a decision model that gathers business and organizational context for a specific decision and identify all of the possible outcomes based on an existing data set, enabling companies in multiple areas, such as healthcare, education, athletics, and commodities markets to make better and more impactful decisions.

EdjAnalytics

Series A in 2016
EdjAnalytics is a developer of predictive modeling techniques intended to businesses in data analytics. The company's techniques offer a decision model that gathers business and organizational context for a specific decision and identify all of the possible outcomes based on an existing data set, enabling companies in multiple areas, such as healthcare, education, athletics, and commodities markets to make better and more impactful decisions.

Acheive CCA

Series B in 2010
Acheive CCA, a debt management company, offers help for patients in the United States to pay-off their healthcare bills.

SinglePipe Communications

Series B in 2009
SinglePipe Communications is the leading provider of residential and turnkey business class VoIP phone services for wholesale, channel resale and private label. Our solutions are:

Acheive CCA

Venture Round in 2009
Acheive CCA, a debt management company, offers help for patients in the United States to pay-off their healthcare bills.

Confluent Technologies

Series B in 2003
Confluent provides business intelligence and knowledge management solutions to financial services, education, and food service companies. The company’s technology facilitates easy navigation and graphical output of data, allowing analysis to be effectively performed instantaneously. Confluent sells its services through value-added resellers, supported by a direct sales team. The company’s services are delivered on a stand-alone basis or as a bolt-on tool to other software-based solutions.

Confluent Technologies

Series A in 2002
Confluent provides business intelligence and knowledge management solutions to financial services, education, and food service companies. The company’s technology facilitates easy navigation and graphical output of data, allowing analysis to be effectively performed instantaneously. Confluent sells its services through value-added resellers, supported by a direct sales team. The company’s services are delivered on a stand-alone basis or as a bolt-on tool to other software-based solutions.

Ironmax

Venture Round in 2000
Ironmax operates as a business-to-business online marketplace specifically tailored for the construction equipment industry. The platform connects buyers and suppliers, facilitating the exchange of construction machinery and related products. By providing a centralized digital space for transactions, Ironmax streamlines the procurement process for businesses involved in construction, enabling them to efficiently source equipment and materials. This model not only enhances accessibility for buyers but also offers suppliers a broader reach to potential customers within the sector.

Appriss

Seed Round in 1995
Appriss provides proprietary data and analytics solutions to effectively and efficiently address safety, fraud, risk, and compliance issues for government and commercial enterprises worldwide. Their customers are leading commercial enterprises, information service providers, and government agencies with a focus in healthcare, retail, and workplace and community safety. We are a team of technology and data science experts driven to solve complex business and societal problems. Our customers are leading commercial enterprises, information service providers, and government agencies with focus in retail, healthcare, and public safety. For more information visit Appriss.com.