Enhanced Capital

Enhanced Capital Partners, founded in 1999 and headquartered in New York City, is a national investment firm specializing in equity and debt investments in small and mid-sized companies across the United States. With over $400 million under management, the firm focuses on various sectors, including healthcare technology, renewable energy, and affordable housing projects. Enhanced Capital employs a flexible investment approach that includes offering tax credits, tax credit lending, and impact lending to foster the growth and expansion of businesses. The firm manages multiple funds that primarily target the lower middle market, utilizing federal and state incentive programs along with public policy investment strategies to maximize growth potential and support rapid development for its portfolio companies.

Doug Beekman

Principal

Michael K. Craven

Director

Dusty Dickerson

Managing Director

Michael A. G. Korengold

President and CEO

Mark Mauer

Senior Associate

Shane Mccarthy

Managing Partner

Richard Montgomery

Managing Partner

Owen Murray

Associate

Soledad Ursua

Vice President

25 past transactions

Crossroads Impact

Post in 2022
Crossroads Systems, Inc. (NASDAQ: CRDS) is a global provider of data archive solutions. Through the innovative use of new technologies, Crossroads delivers customer-driven solutions that enable proactive data security, advanced data archival, optimized performance and significant cost-savings. Founded in 1996 and headquartered in Austin, TX, Crossroads holds more than 100 patents and has been honored with numerous industry awards for data archival, storage and protection

Inbox Health

Seed Round in 2017
Inbox Health Corp. specializes in developing a patient communication platform tailored for medical billers in the United States. Founded in 2014 and based in New Haven, Connecticut, the company offers a platform that automates the patient communication process through bi-directional correspondence, proprietary algorithms, machine learning, and artificial intelligence. This technology helps patients better understand their medical bills and provides access to various payment options. By analyzing data across its customer base, Inbox Health enables billers to customize each patient's billing and communication experience, ultimately enhancing patient collections and overall satisfaction. The company's mission is to significantly reduce administrative inefficiencies in healthcare by streamlining the billing and payment processes for patients.

MacroFab

Funding Round in 2017
MacroFab is a marketplace for electronics manufacturing from prototype to high scale production. Their platform is re-shaping the $480B contract manufacturing market by transforming the experience from a manual, time-intensive, and error-prone process performed by large teams of people, into a real-time, streamlined, and connected software-driven experience while providing access to unlimited factory capacity in North America. The platform also uploads a PCB board design, gets an instant quote and the board is printed in the company's factory, enabling startups, manufacturers, and enterprises to design, customize and automate the PCB manufacturing process and save time, effort and money. Macrofab was founded in 2013 and is headquartered in Houston, Texas, United States.

Vino Volo

Debt Financing in 2015
Vino Volo operates wine tasting lounges and retail wine shops at 18 airport terminals and 1 city location. Our knowledgeable Wine Associates create a fun wine tasting experience in a sophisticated and comfortable setting. Enjoy wine tasting “flights,” wines by the glass, and wines by the bottle, together with gourmet wine-pairing food plates. Purchase wines to carry on-board your flight or to have shipped home (where allowed by state law).

Precipio

Series B in 2013
Precipio is a cancer diagnostics reference laboratory, delivering the latest in advanced diagnostics and personalized medicine. Our goal is to assist oncologists in providing the best care for their patients. At the intersection of academia, cancer research, and diagnostics, we connect physicians with world-renown pathologists at the Yale School of Medicine. At Precipio, our customers and their patients benefit from the most accurate, expert diagnosis.

SciAps

Debt Financing in 2013
SciAps, Inc. is a manufacturer of portable material analysis instruments, catering to both domestic and international markets. Founded in 2012 and headquartered in Woburn, Massachusetts, the company specializes in field-hardened devices designed to measure various compounds, minerals, and elements. Its product lineup includes the ReporteR Raman spectrometer for in-field applications, the ObserveR handheld stand-off Raman system for chemical and explosive identification, and PharmaID, a portable system for pharmaceutical validation. Additionally, SciAps offers bench-top spectrometers for academic and industrial use and provides rental options for its instruments. The company serves diverse sectors, including food safety, pharmaceuticals, chemical processing, and law enforcement, through a network of sales representatives and distributors. With a facility in Laramie, Wyoming, SciAps emphasizes the importance of operational efficiency, safety, and regulatory compliance in its offerings.

Emme E2MS

Series A in 2012
Emme E2MS, LLC specializes in energy management solutions tailored for light commercial and residential markets. The company offers an Energy and Environmental Management System, which delivers environmental controls and detailed energy monitoring capabilities. Additionally, it provides SmartSensors, which include HVAC equipment monitors, wireless outdoor temperature sensors, and wireless receivers that enhance energy efficiency. Incorporated in 2012, Emme E2MS operates from Beaverton, Oregon, and aims to help users monitor electricity consumption in terms of kilowatt/hours, cost, and carbon footprint.

Lapolla Industries

Post in 2012
Lapolla Industries, Inc. is a manufacturer and distributor of foam, coatings, and equipment primarily serving the insulation and construction industries. The company operates through two main segments: Foam and Coatings. The Foam segment provides open and closed cell spray polyurethane foams for various insulation applications, including perimeter walls, crawl spaces, and attics, as well as closed cell technology for roofing in both new and retrofit projects. Additionally, it supplies polyurethane adhesives for board stock insulation. The Coatings segment offers protective elastomeric coatings and primers, including Thermo-Flex products for spray foam insulation protection and Thermo-Prime products for various roofing substrates. It also provides waterproof sealers and roof fabric for enhanced durability and maintenance. Lapolla Industries sells its products directly and through independent sales representatives and distributors, catering to a global market. Founded in 1977 and headquartered in Houston, Texas, Lapolla operates as a subsidiary of Icynene Inc.

NovaTract Surgical

Series A in 2012
NovaTract Surgical, Inc. is a medical device company focused on enhancing minimally invasive surgical practices. Founded in 2010 and based in Connecticut, the company develops innovative solutions such as NovaGrasp, a single-use laparoscopic grasper for tissue and organ retraction, and NovaTract, a dynamic retractor for various minimally invasive surgeries, including colorectal, urologic, gynecologic, and robotic-assisted procedures. NovaTract Surgical aims to address the growing fields of single-incision laparoscopic surgery and natural orifice transluminal endoscopic surgery, providing advanced tools to improve surgical outcomes for healthcare institutions and surgeons.

Alereon

Venture Round in 2012
Alereon is a fabless semiconductor company developing innovative Ultrawideband (UWB) wireless chipsets. Their mission is to simplify networking by removing cables, allowing effortless connections between PCs, consumer electronics, peripherals and mobile devices. We want to change the way consumers connect to the world.

BinOptics

Venture Round in 2011
BinOptics Corporation is a manufacturer of monolithically integrated optoelectronic components, headquartered in Ithaca, New York. Founded in 2000, the company specializes in a variety of products including directly modulated Fabry-Perot lasers, distributed feedback lasers, and ring lasers. It also produces custom integrated chips, which consist of edge- and surface-emitting lasers, monitoring and high-speed photodetectors, electroabsorption modulators, semiconductor optical amplifiers, beam couplers and splitters, waveguides, and on-chip lenses. BinOptics' products are primarily utilized in datacom and telecommunication applications, such as gigabit Ethernet and passive optical networks (PON), as well as in advanced non-telecommunication applications.

Portico Learning Solutions

Venture Round in 2008
At Portico, they have focused on providing eLearning solutions to government and corporate entities since 1998. They specialize in courseware management and custom eLearning courseware development, and have implemented both their courseware and their learning management systems successfully in a wide range of technical environments. Their company currently provides eLearning to many companies spanning many industries, worldwide. Their approach to every solution is to match training initiatives to their clients' business objectives and strategies, enabling them to add value to their enterprise.

Selltis

Venture Round in 2007
Selltis, LLC is a provider of on-demand customer relationship management (CRM) software tailored for industrial distributors, representatives, and manufacturers. The company's primary offering, Selltis CRM, serves as a team-selling solution that facilitates sales cycle management through features such as lead tracking, customizable alerts, and account profiling. It also supports complex project management by enabling tracking of multiple products within intricate jobs and promoting collaboration across departments. Additionally, Selltis CRM offers robust analytics, including customizable dashboards and performance comparisons against key performance indicators (KPIs). The software integrates seamlessly with various platforms, such as enterprise resource planning (ERP) systems and marketing tools, while ensuring secure, real-time cloud-based access. Established in 1999 and headquartered in Houston, Texas, Selltis was previously known as SFG, L.L.C. prior to its name change in July 2000.

Arc Solutions

Venture Round in 2007
Arc is a software development company that produces unified communications applications exclusively for enterprises that are utilizing Cisco technology for their communications. Part of the Mettoni group (an Enghouse Systems Limited company), Arc is a Cisco Technology Developer and OEM Partner, providing the large range of fully certified applications through a network of Cisco Business Partners around the world. Solutions include call handling and communications management tools which are designed to improve person to person communications within the enterprise. Arc provides a complete service to customers and business partners, from implementation and project management through to complex corporate directory integration services. By combining product expertise with local support and training services, Arc helps clients increase business efficiency, responsiveness and competitiveness, whilst improving customer service and reducing costs throughout their organization.

Movero Technology

Series A in 2007
Movero Technology, Inc. is a provider of managed IT services focused exclusively on mobility. Our focus is helping enterprise mobility customers successfully deploy and manage mobile devices in enterprise environments. Movero combines recognized domain experts, reliable and scalable technology and established processes to deliver a complete managed mobility solution that is customized to your organization. Our unique Software-as-a-Service mobility platform is backed by a certified 24x7 mobility support center to enable enterprise organizations to provide the highest quality of service to their mobile employees and the lowest possible cost.

Stat Nurses International

Series B in 2006
Stat Nurses International offers travel nurse staffing services in the United States. It provides nurses to health care organizations for short-term and long-term assignments.

Flying Fish Creative Services

Venture Round in 2006
Flying Fish Creative Services Inc., a Baton Rouge, La.-based provider of e-learning training programs focused on courseware management.
At Portico, they have focused on providing eLearning solutions to government and corporate entities since 1998. They specialize in courseware management and custom eLearning courseware development, and have implemented both their courseware and their learning management systems successfully in a wide range of technical environments. Their company currently provides eLearning to many companies spanning many industries, worldwide. Their approach to every solution is to match training initiatives to their clients' business objectives and strategies, enabling them to add value to their enterprise.

Arc Solutions

Venture Round in 2006
Arc is a software development company that produces unified communications applications exclusively for enterprises that are utilizing Cisco technology for their communications. Part of the Mettoni group (an Enghouse Systems Limited company), Arc is a Cisco Technology Developer and OEM Partner, providing the large range of fully certified applications through a network of Cisco Business Partners around the world. Solutions include call handling and communications management tools which are designed to improve person to person communications within the enterprise. Arc provides a complete service to customers and business partners, from implementation and project management through to complex corporate directory integration services. By combining product expertise with local support and training services, Arc helps clients increase business efficiency, responsiveness and competitiveness, whilst improving customer service and reducing costs throughout their organization.

Allworx

Venture Round in 2006
Allworx specializes in developing and selling Voice Over IP (VoIP) phone systems tailored for small businesses with 3 to 150 users. The company aims to provide these businesses with advanced communication technologies typically accessible only to larger enterprises. Allworx's products integrate essential communication functionalities into a single system, which includes PBX and Key phone capabilities, secured Internet access, remote office support, and collaboration tools. Additionally, its offerings encompass messaging software for email, voicemail, unified messaging, follow-me calling, and group calendaring. The company operates through two primary divisions: Product, which focuses on the design, manufacturing, marketing, and sales of phone and network systems, and Consulting, which provides engineering services for software and digital hardware development.

Truist

Series B in 2005
Truist is a financial services company that emphasizes economic empowerment and racial equity, particularly in minority and underserved communities. Established through the merger of SunTrust and BB&T, Truist Ventures serves as its corporate venture capital arm, focusing on investments in technology companies that align with its mission. Additionally, the Truist Foundation aims to inspire and enhance the quality of life within communities through philanthropic initiatives. Truist also offers a range of philanthropic solutions designed to help corporations and nonprofit organizations effectively engage their donors and volunteers, providing a comprehensive suite of products and services to support their charitable efforts.

CORESense

Series A in 2004
CORESense, Inc. is a leading provider of all-in-one ecommerce and retail management software solutions for online

D’Lisi Food Systems

Venture Round in 2004
D'lisi Food Systems, Inc. produces and distributes private label and branded; and frozen pizzas.

Stat Nurses International

Venture Round in 2003
Stat Nurses International offers travel nurse staffing services in the United States. It provides nurses to health care organizations for short-term and long-term assignments.

Partsearch Technologies

Venture Round in 2003
Partsearch Technologies owns and operates an online replacement parts platform for consumer electronics and home appliances. The company maintains a catalog of various parts and accessories for purchase in the categories of electronics, major and small appliances, computers, wireless, outdoor power equipment, and home improvement products. It also provides parts procurement services to retail partners, warranty administrators, and their customers; operates consumer-focused online stores; and offers web-based solutions for independent contractors and small businesses. Partsearch Technologies serves customers in the service, in-warranty and extended warranty repair, retail, and consumer markets. The company was founded in 2000 and is based in Litchfield, Minnesota.
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