Chrysalis Ventures

Chrysalis Ventures is a private equity and venture capital firm based in Louisville, Kentucky, founded in 1993. The firm focuses on providing equity capital to early-stage and expansion-stage companies in the under-ventured regions of the Midwest and South. Chrysalis Ventures primarily invests in sectors such as healthcare services and technology, media and communications, and business services. The firm aims to support young growth companies that demonstrate strong potential for development and success in these industries. As a Registered Investment Adviser, Chrysalis Ventures is committed to fostering innovation and economic growth in Mid-America.

Irving Bailey II

Managing Director

Irv Bailey

Managing Director

David Jones

Founder and President

Wright Steenrod

Partner

Richard Vance

Operating Partner

Past deals in Kentucky

Lucina

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 designed for the construction equipment industry. It connects buyers and suppliers, facilitating the buying, selling, and renting of construction equipment through its platform. By providing an efficient and streamlined method for transactions, Ironmax aims to enhance the accessibility and availability of construction resources for its users.

Appriss

Seed Round in 1995
Appriss Inc. is a provider of software-as-a-service solutions focused on public safety, risk management, compliance, health information, and insurance in the United States. The company offers a range of tools including MobilePatrol, which connects users with their community; JusticeXchange, designed for law enforcement to track wanted persons; and VINE, which informs victims of crime about offenders. Other notable products include CrashLogic for managing crash reports, and the National Precursor Log Exchange, which helps track the sale of certain medications. Appriss also provides fraud detection and risk assessment solutions like RiskCheckNow, as well as tools for prescription drug monitoring and compliance, such as PMP AWARE and PMP Interconnect. Additionally, the company operates several platforms for accessing police crash reports, including Buycrash.com and GetCrashReports.com. Appriss serves a variety of sectors including insurance, healthcare, and government agencies, and is headquartered in Louisville, Kentucky. Established in 1994, the company was formerly known as Interactive Systems, L.L.C. before rebranding in 2000.
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