Florida Opportunity Fund (FOF) is a not-for-profit venture capital firm based in Orlando, Florida, established in 2008 under legislation passed in 2007. The organization aims to enhance the availability of seed capital and early-stage venture equity for emerging companies in Florida, focusing on various sectors, including life sciences, information technology, advanced manufacturing, aviation and aerospace, and homeland security. FOF works to leverage additional capital resources and fosters relationships with experienced entrepreneurs to facilitate the growth of these companies. By partnering with other organizations, FOF seeks to strengthen the early-stage finance ecosystem within the state, addressing the identified need for increased investment in innovative enterprises.
Blue Frontier, founded in 2018 and based in Fort Lauderdale, Florida, focuses on innovative air conditioning systems that prioritize sustainability, comfort, and energy efficiency. The company has developed technology that significantly reduces energy consumption compared to traditional air conditioning systems. By integrating energy storage capabilities, Blue Frontier's air conditioners can optimize electricity usage, drawing power during periods of high renewable energy availability without compromising cooling performance. This approach allows customers to benefit from reduced energy bills and supports new HVAC-as-a-Service business models. The systems are designed to require less than half the electricity of conventional air conditioners, contributing to overall energy savings and a reduced environmental impact.
HealthSnap
Series B in 2024
HealthSnap, Inc. is a healthcare technology company that specializes in developing solutions for processing patient lifestyle data to enhance healthcare delivery. Incorporated in 2015 and headquartered in Miami, Florida, with an additional office in San Mateo, California, HealthSnap offers a comprehensive Virtual Care Management Platform. This platform integrates various services, including Remote Patient Monitoring (RPM) and Chronic Care Management (CCM), to assist healthcare organizations in improving patient outcomes, reducing healthcare utilization, and diversifying revenue streams. By utilizing data from wearables, remote sensors, and patient questionnaires, HealthSnap's platform enables effective care coordination and automated management of chronic conditions, empowering clinicians with the necessary tools to prevent and manage lifestyle-related diseases efficiently.
RxLive
Convertible Note in 2024
RxLive, Inc. is a telehealth platform based in Saint Petersburg, Florida, that offers an online video chat service for counseling and concierge pharmacy services. Founded in 2017, the platform connects patients with clinical pharmacists to facilitate access to medications and provide comprehensive medication management. Through its services, RxLive aims to enhance patient care by ensuring that individuals receive personalized support and guidance regarding their medications.
Neocis
Series D in 2023
Neocis, Inc. is a Miami-based company that specializes in robotic guidance systems for dental implant procedures. Founded in 2009, Neocis develops the Yomi system, a robotic device designed to enhance the precision of dental surgeries. Yomi integrates computer imagery from CT scans with surgical planning, providing dental surgeons with multi-sensory feedback during procedures. This technology aims to transform dental surgery by offering a minimally invasive approach, which can lead to faster recovery times for patients. The Yomi system has received clearance from the U.S. Food and Drug Administration and is commercially available in the United States, underscoring Neocis's commitment to advancing patient care and addressing the challenges faced by dental professionals.
Lumu
Series B in 2023
Lumu is a cybersecurity company founded in 2019 and headquartered in Doral, Florida. The company specializes in real-time identification and isolation of cyber compromises, providing enterprises with the ability to detect threats and attacks swiftly. Lumu enhances existing security measures through actionable intelligence, employing principles of Continuous Compromise Assessment. Its software offers features such as customizable activity clustering, a compromise radar, and integrated threat intelligence, enabling clients to analyze network metadata effectively. By normalizing and collecting data from various sources, such as net flows and access logs, Lumu empowers security teams to achieve real-time visibility across their infrastructures and significantly reduce the time needed for breach detection from months to minutes.
Novineer
Convertible Note in 2023
Novineer is a generative design software company that focuses on enhancing the efficiency of product engineers in designing and manufacturing high-performance products. Founded in February 2022 by Dr. Ali Tamijani, the company is headquartered in Daytona Beach, Florida. Novineer's software offers optimized design with adaptable geometry and improved performance, particularly in 3D printing applications. This technology allows users to create optimized toolpaths and reduces the engineering design time significantly, streamlining the design process from up to four days to as little as twelve hours. In addition to its core offerings, Novineer is involved in innovative applications such as suborbital balloon technology and concussion detection sensors embedded in sports helmets.
Urban SDK
Seed Round in 2023
Urban SDK, Inc. is a technology company based in Atlantic Beach, Florida, that develops software to enhance mobility systems in smart cities. Founded in 2018, it offers a software as a service platform that integrates real-time location data with predictive analytics to provide actionable insights for traffic management and public safety. The platform is designed to streamline data and decision-making processes for transportation authorities and government agencies. Key features include real-time traffic analysis, machine learning capabilities to predict crashes, and a data marketplace for performance tracking. Urban SDK aims to reduce congestion, improve accessibility, and increase overall road safety through its innovative tools and analytics.
Intelligent Observation
Seed Round in 2023
Intelligent Observation, Inc. specializes in developing an automated hand hygiene tracking system aimed at improving compliance and reducing healthcare-acquired infections in hospitals. Founded in 2019 and based in Miami, Florida, the company utilizes patented near-field magnetic induction (NFMI) technology to accurately monitor handwashing compliance among staff and their interactions with patients. This integrated system includes personal smart badges and location-aware readers, facilitating real-time alerts to enhance hygiene practices. By offering a software-as-a-service (SaaS) model, Intelligent Observation provides hospitals with a cost-effective solution that minimizes capital investment while ensuring robust on-site account management support.
Omeza
Seed Round in 2023
Omeza LLC, established in 2014 and based in Sarasota, Florida, specializes in developing and distributing medical and personal health products. Its primary focus is on wound care, with a portfolio including omega-3 oil, lidocaine lavage, hydrocolloid dressings, and collagen matrix. Omeza aims to improve healthcare efficiency, starting with wound care, by providing innovative solutions that enhance skin strength and elasticity, and reduce inflammation.
Novaphos
Series A in 2022
Novaphos Inc. is a chemical engineering company based in Fort Meade, Florida, that specializes in the manufacture of phosphate products for agricultural and industrial applications. Founded in 2008 and formerly known as JDCPhosphate, Inc., the company has developed a patented technology to produce high-grade phosphoric acid from low-grade phosphate rock. This innovative process not only addresses the increasing demand for phosphate-based fertilizers but also significantly reduces the environmental impact associated with traditional production methods. By transforming mined rock phosphate ore into phosphoric acid, Novaphos aims to support sustainable practices in both the agricultural and industrial sectors while lowering capital and operational costs.
Urban SDK
Seed Round in 2021
Urban SDK, Inc. is a technology company based in Atlantic Beach, Florida, that develops software to enhance mobility systems in smart cities. Founded in 2018, it offers a software as a service platform that integrates real-time location data with predictive analytics to provide actionable insights for traffic management and public safety. The platform is designed to streamline data and decision-making processes for transportation authorities and government agencies. Key features include real-time traffic analysis, machine learning capabilities to predict crashes, and a data marketplace for performance tracking. Urban SDK aims to reduce congestion, improve accessibility, and increase overall road safety through its innovative tools and analytics.
Urban SDK
Seed Round in 2020
Urban SDK, Inc. is a technology company based in Atlantic Beach, Florida, that develops software to enhance mobility systems in smart cities. Founded in 2018, it offers a software as a service platform that integrates real-time location data with predictive analytics to provide actionable insights for traffic management and public safety. The platform is designed to streamline data and decision-making processes for transportation authorities and government agencies. Key features include real-time traffic analysis, machine learning capabilities to predict crashes, and a data marketplace for performance tracking. Urban SDK aims to reduce congestion, improve accessibility, and increase overall road safety through its innovative tools and analytics.
Feathr
Series B in 2020
Feathr, Inc. is a digital marketing and monetization platform designed specifically for the event industry. Founded in 2012 and based in Gainesville, Florida, the company offers a suite of tools that facilitate automated promotion, communication, and data collection throughout the event lifecycle. Its platform enables users to create targeted advertisements, develop landing pages, track referrals, analyze site behavior, and extend audience reach. By leveraging data and insights, Feathr aims to enhance event attendance, improve marketing return on investment, and foster engagement among members. The comprehensive nature of its marketing tools positions Feathr as a valuable resource for event organizers and associations looking to optimize their outreach and impact.
Mears Transportation
Series B in 2018
Mears Transportation, established in 1939, is a prominent provider of transportation services in Central Florida, particularly in Orlando. The company offers a range of services, including taxi, shared-ride shuttle, luxury transportation, charter services, and cruise transport. Mears Transportation caters to both residents and tourists, ensuring a convenient and dependable mode of transport. Customers can utilize a mobile application for booking and tracking vehicles, enhancing their experience with fast and affordable options. Additionally, Mears provides luxury car services in major cities and airports worldwide, making it one of the largest private transportation providers in the United States.
PlumSlice Labs
Venture Round in 2017
PlumSlice Labs, Inc. is a technology company that develops cloud-based web and mobile applications aimed at assisting retailers in managing and selling their products. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Miami and Ahmedabad, PlumSlice Labs offers a range of solutions including PlumSlice PIM, a repository for product content; PlumSlice DEVELOP, which tracks product pipeline statuses; and PlumSlice Product Platform, a comprehensive tool for real-time workflow management and analytics. The company also provides PlumSlice DROPSHIP, an e-commerce marketplace and dropship management solution, as well as a vendor portal for enhanced communication. Its applications are designed for various sectors within retail, including e-commerce, product merchandising, and supply chain management. By leveraging its innovative SaaS platform, PlumSlice Labs enables retailers to streamline their processes, enhance their marketing efforts, and accelerate product time-to-market.
Harry's Holdings
Venture Round in 2017
First opened by Chef Michael Schwartz in 2011, Harry’s Holdings, LLC, is the parent company of Harry’s Pizzeria, now rebranding as Genuine Pizza, which operates three South Florida locations to enjoy a meal including pizza, snacks, salads, daily specials and dessert, beer and wine. The company will unveil the evolved concept’s first location at the Aventura Mall in November, featuring new restaurant design, branding and signage, while maintaining the current menu. Existing Harry’s Pizzeria locations will stay as Harry’s, but will eventually transition to the new brand name and design.
Stax
Series B in 2017
Stax Payments is a fast-growing payments technology supplier that assists software firms, resellers, and small and medium-sized businesses in realizing the benefits of integrated payments. Stax's payment processing and recurring billing solutions are frictionless, secure, and dependable, which help drive incremental income.
Anuvia Plant Nutrients
Venture Round in 2016
Anuvia Plant Nutrients is an agricultural technology company that specializes in manufacturing bio-based fertilizers and plant nutrition products. Founded in 2005 and headquartered in Winter Garden, Florida, the company focuses on creating sustainable fertilizers derived from recycled organic materials, such as livestock and food waste. Anuvia’s products are designed to optimize nutrient availability and efficiency for plants, enhance soil health, and minimize environmental impact by reducing greenhouse gas emissions. Their offerings include slow-release specialty fertilizers like Symtrx and GreenTRX, which cater to a variety of markets, including agriculture, turf management, golf courses, and lawn care. Through its innovative approach, Anuvia aims to replace traditional fertilizers and promote sustainable practices in the agricultural sector.
Stax
Series A in 2016
Stax Payments is a fast-growing payments technology supplier that assists software firms, resellers, and small and medium-sized businesses in realizing the benefits of integrated payments. Stax's payment processing and recurring billing solutions are frictionless, secure, and dependable, which help drive incremental income.
Anuvia Plant Nutrients
Series A in 2016
Anuvia Plant Nutrients is an agricultural technology company that specializes in manufacturing bio-based fertilizers and plant nutrition products. Founded in 2005 and headquartered in Winter Garden, Florida, the company focuses on creating sustainable fertilizers derived from recycled organic materials, such as livestock and food waste. Anuvia’s products are designed to optimize nutrient availability and efficiency for plants, enhance soil health, and minimize environmental impact by reducing greenhouse gas emissions. Their offerings include slow-release specialty fertilizers like Symtrx and GreenTRX, which cater to a variety of markets, including agriculture, turf management, golf courses, and lawn care. Through its innovative approach, Anuvia aims to replace traditional fertilizers and promote sustainable practices in the agricultural sector.
Feathr
Series A in 2015
Feathr, Inc. is a digital marketing and monetization platform designed specifically for the event industry. Founded in 2012 and based in Gainesville, Florida, the company offers a suite of tools that facilitate automated promotion, communication, and data collection throughout the event lifecycle. Its platform enables users to create targeted advertisements, develop landing pages, track referrals, analyze site behavior, and extend audience reach. By leveraging data and insights, Feathr aims to enhance event attendance, improve marketing return on investment, and foster engagement among members. The comprehensive nature of its marketing tools positions Feathr as a valuable resource for event organizers and associations looking to optimize their outreach and impact.
Stax
Seed Round in 2015
Stax Payments is a fast-growing payments technology supplier that assists software firms, resellers, and small and medium-sized businesses in realizing the benefits of integrated payments. Stax's payment processing and recurring billing solutions are frictionless, secure, and dependable, which help drive incremental income.
Nearpod
Series A in 2015
Nearpod Inc. is a cloud-based educational platform focused on enhancing the learning experience in both traditional classrooms and distance learning environments. Founded in 2011 and headquartered in Aventura, Florida, Nearpod enables educators to create interactive multimedia presentations that engage students and facilitate real-time assessment. The platform supports the synchronized use of mobile devices, allowing teachers to convert existing presentations into mobile-friendly content that promotes active participation. It features a variety of interactive tools, such as polls, quizzes, and drawing activities, that provide instant feedback on student performance. Additionally, Nearpod offers a certified educator community that provides webinars, lessons, and training materials, as well as a comprehensive lesson library covering topics like digital citizenship, social-emotional learning, and career exploration.
ProcessMAP
Series A in 2014
ProcessMAP Corporation specializes in developing cloud-based software solutions that focus on environment, health, safety, and compliance management. Its platform offers a comprehensive suite of services, including incident and claims management, risk assessment, sustainability performance management, and training management. The software aims to enhance workplace safety, reduce risks, and ensure compliance across various industries, such as automotive, healthcare, and manufacturing. In addition to its core software offerings, ProcessMAP provides implementation, training, and support services to help clients effectively navigate their EHS and sustainability challenges. The company, founded in 2000 and headquartered in Sunrise, Florida, also maintains offices in India and collaborates with strategic partners to enhance its service offerings.
LENSAR
Debt Financing in 2013
LENSAR, Inc. is a commercial-stage medical device company based in Orlando, Florida, established in 2004. It specializes in the design, development, and marketing of advanced femtosecond laser systems aimed at improving cataract surgery outcomes. The company's flagship product, the LENSAR Laser with Streamline IV, enhances the precision and efficiency of refractive cataract surgery by incorporating advanced features such as superior imaging capabilities and customizable treatment planning. This system assists surgeons in managing astigmatism and optimizing refractive results through innovative technology like the proprietary Augmented Reality™ 3-D model and the IntelliAxis Refractive Capsulorhexis® feature. These advancements facilitate accurate toric intraocular lens alignment and streamline surgical workflows, ultimately improving patient outcomes. LENSAR continues to expand its platform's capabilities, enabling the treatment of additional corneal conditions and enhancing the overall surgical experience for both patients and surgeons.
Tower Cloud
Venture Round in 2013
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.
Zentila
Series A in 2013
Zentila, Inc. is a technology company based in Orlando, Florida, specializing in a Software as a Service (SaaS) platform that streamlines venue sourcing and booking for corporate and third-party meeting planners. Founded in 2011, Zentila offers several solutions, including Enlightenment, which aids planning teams in the sourcing process, and Bliss, an electronic RFP tool that simplifies hotel booking for meetings globally. Additionally, the company provides illuminate3P for third-party planners and ZenDealz, which offers tailored hotel deals. Zentila operates in a $45 billion meetings and conventions market that traditionally relies on outdated booking methods. Its platform allows both professional and part-time planners to efficiently plan, price, and book meetings of various sizes, enhancing transparency in meeting expenses and helping organizations manage costs and risks. Zentila generates revenue through a standard commission from hotels for bookings made through its platform.
LENSAR
Series A in 2012
LENSAR, Inc. is a commercial-stage medical device company based in Orlando, Florida, established in 2004. It specializes in the design, development, and marketing of advanced femtosecond laser systems aimed at improving cataract surgery outcomes. The company's flagship product, the LENSAR Laser with Streamline IV, enhances the precision and efficiency of refractive cataract surgery by incorporating advanced features such as superior imaging capabilities and customizable treatment planning. This system assists surgeons in managing astigmatism and optimizing refractive results through innovative technology like the proprietary Augmented Reality™ 3-D model and the IntelliAxis Refractive Capsulorhexis® feature. These advancements facilitate accurate toric intraocular lens alignment and streamline surgical workflows, ultimately improving patient outcomes. LENSAR continues to expand its platform's capabilities, enabling the treatment of additional corneal conditions and enhancing the overall surgical experience for both patients and surgeons.
Novaphos
Series A in 2012
Novaphos Inc. is a chemical engineering company based in Fort Meade, Florida, that specializes in the manufacture of phosphate products for agricultural and industrial applications. Founded in 2008 and formerly known as JDCPhosphate, Inc., the company has developed a patented technology to produce high-grade phosphoric acid from low-grade phosphate rock. This innovative process not only addresses the increasing demand for phosphate-based fertilizers but also significantly reduces the environmental impact associated with traditional production methods. By transforming mined rock phosphate ore into phosphoric acid, Novaphos aims to support sustainable practices in both the agricultural and industrial sectors while lowering capital and operational costs.
XOS Digital
Series A in 2012
XOS Technologies, Inc. provides sport-specific software solutions for the sports organizations, sports teams, conferences, leagues, and athletic administrators in Canada and Europe. It offers video editing and data analysis software, as well as audio visual systems at practice facilities, offices, locker rooms, team meeting areas, stadiums, and on the road. The company was founded in 1999 and is headquartered in North Billerica, Massachusetts with an additional office in Lake Mary, Florida.
Tower Cloud
Venture Round in 2012
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.
Mustang Vacuum Systems
Debt Financing in 2011
Mustang Vacuum Systems, LLC specializes in the manufacture of vacuum deposition equipment, providing a range of coating systems including sputtering and evaporation systems, diamond-like carbon coaters, and custom automated metallizers. The company also produces essential vacuum components such as fittings, valves, and pumping stations. Its innovative solutions cater to various industries, including automotive, aerospace, medical devices, and energy technologies, offering applications for decorative and functional coatings, wear-resistant coatings, and EMI/RFI shielding. Mustang Vacuum Systems supports its clients with additional services such as research and development, pilot and sample coating, and retrofitting. Founded in 2005 and based in Sarasota, Florida, the company serves a global customer base with a commitment to advancing thin-film deposition technology through its diverse offerings.
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