Florida Opportunity Fund

Established by Florida legislation in 2008, this fund aims to provide venture capital to emerging companies in Florida, focusing on sectors such as life sciences, information technology, and advanced manufacturing. It seeks to leverage additional resources, foster relationships with experienced entrepreneurs, and strengthen the early-stage finance ecosystem in Florida.

Robert Harvey

President and Executive Director

Past deals in Florida

Blue Frontier

Series A in 2024
Blue Frontier develops sustainable air conditioning technology with integrated energy storage. Founded in 2018 and based in Fort Lauderdale, Florida, the company aims to reduce energy consumption compared with conventional systems. Its technology supports HVAC-as-a-Service models and stores electricity, enabling operation during periods when renewable energy is abundant without compromising cooling service. The system uses less electricity than traditional air conditioners, contributing to lower utility costs and improved grid resilience for clients.

HealthSnap

Series B in 2024
HealthSnap develops a comprehensive virtual care management platform for healthcare organizations. Its solution enables remote patient monitoring, chronic disease management, and automated care coordination, aiming to improve patient outcomes while reducing utilization and diversifying revenue streams.

RxLive

Convertible Note in 2024
RxLive, Inc. is a telehealth company based in Saint Petersburg, Florida, that specializes in providing comprehensive medication management services through its online video chat platform. Founded in 2017, RxLive connects patients with clinical pharmacists, enabling them to receive personalized counseling and concierge pharmacy services. The platform aims to enhance patient access to medications and improve overall health outcomes by facilitating direct communication between patients and pharmacists.

Neocis

Series D in 2023
Founded in 2009, Neocis specializes in robotic guidance systems for dental implant procedures. Its flagship product, Yomi, is a precision instrument that assists surgeons in placing dental implants using advanced robotics and planning software.

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 founded in February 2022 by Dr. Ali Tamijani, based in Daytona Beach, Florida. The company specializes in developing advanced software solutions that streamline the design and manufacturing processes for high-performance products. Novineer's software optimizes design with adaptable geometry and enhances performance through improved 3D printing toolpaths. This technology significantly reduces the time required for engineering design, allowing companies to decrease the design process from several days to as little as twelve hours. Additionally, Novineer is involved in innovative applications such as suborbital balloon technology and real-time concussion detection systems in sports helmets, further showcasing its commitment to advancing manufacturing and safety technologies.

Urban SDK

Seed Round in 2023
Urban SDK, Inc. is a software developer focused on creating interconnected mobility systems for smart cities. Founded in 2018 and based in Atlantic Beach, Florida, the company offers a software as a service platform designed to streamline data and enhance decision-making and planning through user experience and predictive analytics tools. Its platform provides real-time data analysis, enabling transportation authorities and government agencies to monitor traffic patterns, predict crashes, and assess road conditions. Additionally, Urban SDK empowers users with geospatial intelligence to enhance public safety and improve overall traffic management. By utilizing machine learning, the platform helps predict mobility and safety patterns, ultimately working to reduce congestion and increase accessibility within urban environments.

Intelligent Observation

Seed Round in 2023
Intelligent Observation is a healthcare technology company that develops an automated hand hygiene tracking system for hospitals. The system uses integrated personal smart badges and location-aware readers powered by near-field magnetic induction technology to accurately record hand hygiene events and staff interactions. The platform provides real-time alerts and supports a software-as-a-service model, enabling hospitals to monitor compliance, reduce infection risk, and access on-site account management. Founded in 2019 and based in Miami, Florida, the company aims to improve patient safety by increasing hand hygiene adherence and delivering data-driven insights to healthcare facilities.

Omeza

Seed Round in 2023
Founded in 2014, Omeza specializes in developing and distributing medical products focused on wound care, personal health, and cosmetics. Its flagship products include omega-3 oil, lidocaine lavage, hydrocolloid dressing, and collagen matrix.

Novaphos

Series A in 2022
Novaphos is a chemical engineering company that develops and commercializes a proprietary process to convert mined phosphate rock into phosphoric acid for agricultural and industrial use. Its technology enables high-grade phosphoric acid from low-grade phosphate rock, offering a more environmentally sustainable and cost-efficient alternative to traditional production methods. The process supports the manufacture of phosphate products for fertilizers and other applications, with a focus on reducing environmental impact and lowering capital and operating costs. The company was founded in 2008 and is based in Fort Meade, Florida.

Urban SDK

Seed Round in 2021
Urban SDK, Inc. is a software developer focused on creating interconnected mobility systems for smart cities. Founded in 2018 and based in Atlantic Beach, Florida, the company offers a software as a service platform designed to streamline data and enhance decision-making and planning through user experience and predictive analytics tools. Its platform provides real-time data analysis, enabling transportation authorities and government agencies to monitor traffic patterns, predict crashes, and assess road conditions. Additionally, Urban SDK empowers users with geospatial intelligence to enhance public safety and improve overall traffic management. By utilizing machine learning, the platform helps predict mobility and safety patterns, ultimately working to reduce congestion and increase accessibility within urban environments.

Urban SDK

Seed Round in 2020
Urban SDK, Inc. is a software developer focused on creating interconnected mobility systems for smart cities. Founded in 2018 and based in Atlantic Beach, Florida, the company offers a software as a service platform designed to streamline data and enhance decision-making and planning through user experience and predictive analytics tools. Its platform provides real-time data analysis, enabling transportation authorities and government agencies to monitor traffic patterns, predict crashes, and assess road conditions. Additionally, Urban SDK empowers users with geospatial intelligence to enhance public safety and improve overall traffic management. By utilizing machine learning, the platform helps predict mobility and safety patterns, ultimately working to reduce congestion and increase accessibility within urban environments.

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 Orlando, Florida, catering to both residents and tourists. The company offers a diverse range of services, including taxi, shuttle, luxury car, and bus services, along with shared-ride options and charter transportation. Mears Transportation is recognized as one of the largest private transportation providers in the United States, having achieved significant growth by consistently exceeding customer expectations. Through a mobile application, Mears enables customers to conveniently book and track vehicles, ensuring access to safe, fast, and affordable transportation solutions in various cities and airports worldwide, including major destinations like Las Vegas, New York, and Los Angeles.

PlumSlice Labs

Venture Round in 2017
PlumSlice Labs, Inc. is a technology company that specializes in developing cloud-based web and mobile applications tailored for retailers. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Miami and Ahmedabad, the company provides a range of solutions designed to streamline product management and sales processes. Its offerings include PlumSlice PIM, a collaborative repository for product content; PlumSlice DEVELOP, which tracks product pipeline statuses; and a comprehensive Product Platform that features real-time workflow automation and analytics. Additionally, PlumSlice Labs provides tools for e-commerce marketplace enablement through its DROPSHIP solution, as well as vendor collaboration portals and digital asset management services. The company's products serve various sectors, including e-commerce, product merchandising, and supply chain management, helping businesses to enhance their merchandising and marketing efforts, thereby improving efficiency and reducing costs.

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
FattMerchant, Inc. is a payment technology provider based in Orlando, Florida, specializing in online credit card processing services for businesses across the United States. Founded in 2014, the company offers a comprehensive suite of solutions that includes a virtual terminal for real-time processing of face-to-face and telephone transactions, point of sale retail systems, E-commerce capabilities, and a mobile card reader for on-the-go payments. FattMerchant's integrated platform supports various business types, from retail and restaurants to professional services and mobile enterprises, enabling them to enhance their payment experiences. The company features a simple subscription pricing model and a supportive customer service team, making payment processing accessible and manageable for business owners. With over $1 billion in transactions powered since its inception, FattMerchant is backed by a leading payment facilitator, providing clients with valuable data insights and custom payment solutions through its open API.

Anuvia Plant Nutrients

Venture Round in 2016
Anuvia Plant Nutrients is a company based in Winter Garden, Florida, specializing in the manufacture of bio-based plant nutrition products. Founded in 2005, the company produces high-efficiency, sustainable fertilizers designed for agriculture, turf, and lawn care industries. These products are derived from recycled organic materials such as livestock waste and food waste. Anuvia's offerings optimize nutrient availability and efficiency for plants, improve soil health, preserve natural resources, and reduce greenhouse gas emissions. The company serves a variety of clients including farmers, turf managers, homeowners, municipalities, and the broader industry.

Stax

Series A in 2016
FattMerchant, Inc. is a payment technology provider based in Orlando, Florida, specializing in online credit card processing services for businesses across the United States. Founded in 2014, the company offers a comprehensive suite of solutions that includes a virtual terminal for real-time processing of face-to-face and telephone transactions, point of sale retail systems, E-commerce capabilities, and a mobile card reader for on-the-go payments. FattMerchant's integrated platform supports various business types, from retail and restaurants to professional services and mobile enterprises, enabling them to enhance their payment experiences. The company features a simple subscription pricing model and a supportive customer service team, making payment processing accessible and manageable for business owners. With over $1 billion in transactions powered since its inception, FattMerchant is backed by a leading payment facilitator, providing clients with valuable data insights and custom payment solutions through its open API.

Anuvia Plant Nutrients

Series A in 2016
Anuvia Plant Nutrients is a company based in Winter Garden, Florida, specializing in the manufacture of bio-based plant nutrition products. Founded in 2005, the company produces high-efficiency, sustainable fertilizers designed for agriculture, turf, and lawn care industries. These products are derived from recycled organic materials such as livestock waste and food waste. Anuvia's offerings optimize nutrient availability and efficiency for plants, improve soil health, preserve natural resources, and reduce greenhouse gas emissions. The company serves a variety of clients including farmers, turf managers, homeowners, municipalities, and the broader industry.

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
FattMerchant, Inc. is a payment technology provider based in Orlando, Florida, specializing in online credit card processing services for businesses across the United States. Founded in 2014, the company offers a comprehensive suite of solutions that includes a virtual terminal for real-time processing of face-to-face and telephone transactions, point of sale retail systems, E-commerce capabilities, and a mobile card reader for on-the-go payments. FattMerchant's integrated platform supports various business types, from retail and restaurants to professional services and mobile enterprises, enabling them to enhance their payment experiences. The company features a simple subscription pricing model and a supportive customer service team, making payment processing accessible and manageable for business owners. With over $1 billion in transactions powered since its inception, FattMerchant is backed by a leading payment facilitator, providing clients with valuable data insights and custom payment solutions through its open API.

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 is a provider of cloud-based software solutions focused on environment, health, safety, sustainability, and compliance information management. Founded in 2000 and headquartered in Sunrise, Florida, the company delivers a comprehensive Software-as-a-Service platform that includes integrated incident management, claims management, risk assessment, and sustainability performance management, among other applications. Its solutions are designed to help organizations streamline their EHS management processes and enhance operational efficiency across various sectors, including automotive, healthcare, and manufacturing. Additionally, ProcessMAP offers services such as blueprinting, implementation, training, and ongoing support to ensure effective software deployment. The company also emphasizes the importance of data analytics and connectivity through its digitalization initiatives, enabling clients to manage risks and ensure compliance more effectively. With offices in India and strategic partnerships with organizations like Aubrey Daniels International and SmartCone Technologies, ProcessMAP is committed to fostering safer and more sustainable workplaces.

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 is a software company that offers a cloud‑based platform for sourcing and booking venues for corporate and third‑party meeting planners. Its tools—Enlightenment, Bliss, illuminate3P, and ZenDealz—allow users to search venues, send and receive bids, and manage event data in one place. The interface is designed for both professional planners and assistants, enabling faster, more cost‑effective planning than traditional phone, fax, or spreadsheet methods. The platform adds transparency to meeting spend, helping organizations control costs and reduce risk. Zentila earns revenue from a 10 % commission paid by hotels that book through the system. Founded in 2011 and headquartered in Orlando, the company operates as a subsidiary of eTouches.

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 is a chemical engineering company that develops and commercializes a proprietary process to convert mined phosphate rock into phosphoric acid for agricultural and industrial use. Its technology enables high-grade phosphoric acid from low-grade phosphate rock, offering a more environmentally sustainable and cost-efficient alternative to traditional production methods. The process supports the manufacture of phosphate products for fertilizers and other applications, with a focus on reducing environmental impact and lowering capital and operating costs. The company was founded in 2008 and is based in Fort Meade, Florida.

XOS Digital

Series A in 2012
XOS Digital specializes in providing digital technology and media management solutions tailored for collegiate and professional sports organizations in the United States, Canada, and Europe. The company offers a range of sport-specific software, including video editing and data analysis tools, along with audio-visual systems designed for various settings such as practice facilities, offices, locker rooms, team meeting areas, and stadiums. Established in 1999, XOS Digital is headquartered in North Billerica, Massachusetts, with an additional office located 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.

Fracture

Series A in 2011
Fracture, Inc. is a company based in Gainesville, Florida, that specializes in printing and displaying photos and images directly on glass. Founded in 2009, Fracture transforms digital images into tangible décor by offering a unique product known as "Fractures," which are frameless, ready-to-hang glass prints. The company emphasizes its commitment to quality by designing, engineering, and manufacturing its products entirely in-house. With over 155,000 units sold to more than 45,000 customers across 50 countries, Fracture aims to reinvent how consumers print and showcase their digital images. By blending innovative e-commerce with lean manufacturing practices, Fracture provides an affordable solution for customers seeking to turn their memories into beautiful, lasting displays.

Fracture

Convertible Note in 2011
Fracture, Inc. is a company based in Gainesville, Florida, that specializes in printing and displaying photos and images directly on glass. Founded in 2009, Fracture transforms digital images into tangible décor by offering a unique product known as "Fractures," which are frameless, ready-to-hang glass prints. The company emphasizes its commitment to quality by designing, engineering, and manufacturing its products entirely in-house. With over 155,000 units sold to more than 45,000 customers across 50 countries, Fracture aims to reinvent how consumers print and showcase their digital images. By blending innovative e-commerce with lean manufacturing practices, Fracture provides an affordable solution for customers seeking to turn their memories into beautiful, lasting displays.

Mustang Vacuum Systems

Debt Financing in 2011
Mustang Vacuum Systems, LLC is a manufacturer specializing in vacuum deposition equipment, offering a range of coating systems including sputtering, evaporation systems, and diamond-like carbon coaters. The company provides various vacuum components such as fittings, valves, and pumping stations, as well as custom vacuum chambers tailored for production and analytical applications. Mustang's products are utilized across diverse industries, including automotive, aerospace, medical devices, and energy technologies, for applications like decorative and tool coatings, wear-resistant coatings, and EMI/RFI shielding. Additionally, the company offers automated coating equipment and supports clients with research and development, pilot coating services, and retrofitting options. Founded in 2005 and based in Sarasota, Florida, Mustang Vacuum Systems serves a global clientele, delivering innovative coating solutions to enhance industrial and consumer products.
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