Fluke Venture Partners

Fluke Venture Partners, established in 1982, is a Kirkland, Washington-based venture capital firm specializing in early to mid-stage investments. It primarily focuses on the Pacific Northwest region, investing in technology, healthcare, and consumer-oriented sectors. The firm typically invests between $1 to $3 million in an initial round, with a flexible minimum investment of $0.5 million and a maximum of $4 million per company, including follow-on rounds. Fluke Venture Partners prefers to lead its investment syndicate and hold a board seat, but may also participate as a syndicate partner or board observer. With a mission to fund diverse, high-growth opportunities, the firm is committed to long-term partnerships with entrepreneurs, guided by principles of integrity, discipline, and teamwork.

Kevin Gabelein

Managing Director

Dennis Weston

Senior Managing Director

23 past transactions

Concordia Coffee Systems

Series A in 2012
Concordia Coffee Systems is a manufacturer and distributor of self-serve commercial espresso and gourmet beverage systems, providing a diverse range of drinks including cappuccino, latte, Americano, black coffee, brewed coffee, hot chocolate, mocha, chai latte, and flavored options. The company caters to various sectors, including colleges, universities, hospitals, resorts, hotels, casinos, grocery stores, and managed foodservice clients in the United Kingdom, Australia, and Dubai. Founded in 1990 and based in Bellevue, Washington, Concordia Coffee Systems was previously known as Acorto, Inc. and adopted its current name in September 2004.

PayScale

Venture Round in 2011
PayScale, Inc. is a leading provider of cloud-based compensation software designed to assist organizations in making informed pay decisions. Founded in 2002 and headquartered in Seattle, Washington, with additional offices in Louisville, Denver, and Cary, the company offers a range of services, including Insight Expert, which streamlines salary benchmarking and pay adjustment processes. PayScale utilizes big data and advanced algorithms to deliver comprehensive compensation management solutions for various industries, such as healthcare, manufacturing, and professional services. Its platform supports over 8,000 customers, including small businesses and Fortune 500 firms, by providing crucial insights that enable fair compensation practices. Additionally, PayScale offers professional services to evaluate and optimize compensation structures, ensuring organizations can effectively communicate and manage employee compensation.

Vantos

Series B in 2008
Vantos is a leading provider in the Enterprise Investigation Management market, offering comprehensive solutions for a range of workplace investigations, from minor misconduct to serious financial crimes. The company specializes in the automation and management of the investigation lifecycle through its flagship product, V-Flex. This platform includes analytics and visualization tools that help investigators identify trends and uncover root causes in data. Additionally, Vantos develops investigative playbooks that streamline the process for commonly occurring investigations, enabling organizations to effectively address their evolving investigation needs while minimizing costs.

Carena

Series B in 2008
Carena is a Seattle-based healthcare organization that focuses on enhancing the patient experience through a virtual care model and an adaptable technology platform. The company blends medical expertise with innovative technology and consumer services to offer high-quality healthcare solutions. Its offerings include nurse lines, virtual house calls, wellness programs, and care management services, all designed to provide consumers with on-demand primary care accessible at any time and from any location. By leveraging new care delivery methods, Carena aims to improve patient access to healthcare while generating new referral opportunities for health systems.

Confirma

Series C in 2008
Confirma is the only company that develops and markets an MRI-CAD system, CADstream, revolutionizing MRI study analysis and reporting through automated and standardized processing. CADstream automates the analysis and interventional guidance of MRI studies, providing higher quality imaging studies, lower costs for radiology practices and improved communication tools for physicians and patients. CADstream can be integrated into any workflow scenario and is compatible with all MRI scanners and PACS.

Calidora Skin Care Clinics

Venture Round in 2007
Calidora Skin Care Clinics is a professional skincare provider based in Seattle, Washington. The clinic specializes in a variety of skin care treatments and products, focusing on anti-aging and skin rejuvenation. By offering an array of services tailored to individual skin needs, Calidora aims to enhance the overall health and appearance of its clients' skin.

PacStar

Series D in 2007
PacStar Communications, based in Portland, Oregon, specializes in advanced communications solutions tailored for military, government, and commercial applications. The company designs and produces a range of rugged, small form factor communications systems that include voice, data, and video capabilities. Its flagship offerings comprise the PacStar 4000-series for transportable communication, the lightweight PacStar 3000-series tactical radio kits, and customized PacStar 2000-series equipment for both standalone and networked field communications. Additionally, PacStar develops the IQ-Core software, which simplifies the management of these systems and enhances their security and reliability. The company also provides a Modular Data Center for hosting cloud and analytics applications, along with various support services such as design, logistics, installation, and training. Founded in 2000, PacStar serves a diverse clientele, including commercial IT customers and large institutions, with a focus on mission-critical communications, especially in remote or infrastructure-limited environments. As of November 2020, it operates as a subsidiary of Curtiss-Wright Corporation.

PayScale

Series C in 2007
PayScale, Inc. is a leading provider of cloud-based compensation software designed to assist organizations in making informed pay decisions. Founded in 2002 and headquartered in Seattle, Washington, with additional offices in Louisville, Denver, and Cary, the company offers a range of services, including Insight Expert, which streamlines salary benchmarking and pay adjustment processes. PayScale utilizes big data and advanced algorithms to deliver comprehensive compensation management solutions for various industries, such as healthcare, manufacturing, and professional services. Its platform supports over 8,000 customers, including small businesses and Fortune 500 firms, by providing crucial insights that enable fair compensation practices. Additionally, PayScale offers professional services to evaluate and optimize compensation structures, ensuring organizations can effectively communicate and manage employee compensation.

SprayCool

Venture Round in 2007
SprayCool, Inc. specializes in electronics thermal management and environmental isolation solutions, catering primarily to military and industrial clients across airborne, shipboard, and land-based applications. The company offers a range of products, including scalable enclosures for VME or cPCI cards, sealed transit case cooling kits for commercial-grade rack mount products, and custom solutions for data racks and fluid handling. SprayCool also provides consulting services encompassing thermal assessments, product design, system integration, and facility design, along with implementation services like training and diagnostics. Its diverse clientele spans several sectors, including defense, aerospace, telecommunications, oil and gas, automotive, semiconductor fabrication, and commercial markets in the United States. Founded in 1988 and headquartered in Liberty Lake, Washington, SprayCool was previously known as Isothermal Systems Research, Inc.

Phoseon Technology

Venture Round in 2006
Phoseon Technology, Inc. is a manufacturer of ultraviolet (UV) light emitting diode (LED) curing systems and solutions, primarily serving commercial and industrial applications. Founded in 2002 and headquartered in Hillsboro, Oregon, with an additional office in Shanghai, China, the company is recognized for its pioneering work in semiconductor light matrix (SLM) technology. Phoseon offers a diverse range of products, including air-cooled and water-cooled UV LED curing solutions and lamps, utilized across various sectors such as printing, coatings, and electronic assembly. Its applications extend to large and small area curing, flexographic printing, and UV coatings for materials like wood and automotive products. The company caters to both original equipment manufacturers and end-user markets globally, focusing on enhancing efficiency and performance in industrial processes, including semiconductor inspection and lithography.

Carena

Series A in 2006
Carena is a Seattle-based healthcare organization that focuses on enhancing the patient experience through a virtual care model and an adaptable technology platform. The company blends medical expertise with innovative technology and consumer services to offer high-quality healthcare solutions. Its offerings include nurse lines, virtual house calls, wellness programs, and care management services, all designed to provide consumers with on-demand primary care accessible at any time and from any location. By leveraging new care delivery methods, Carena aims to improve patient access to healthcare while generating new referral opportunities for health systems.

PacStar

Series C in 2005
PacStar Communications, based in Portland, Oregon, specializes in advanced communications solutions tailored for military, government, and commercial applications. The company designs and produces a range of rugged, small form factor communications systems that include voice, data, and video capabilities. Its flagship offerings comprise the PacStar 4000-series for transportable communication, the lightweight PacStar 3000-series tactical radio kits, and customized PacStar 2000-series equipment for both standalone and networked field communications. Additionally, PacStar develops the IQ-Core software, which simplifies the management of these systems and enhances their security and reliability. The company also provides a Modular Data Center for hosting cloud and analytics applications, along with various support services such as design, logistics, installation, and training. Founded in 2000, PacStar serves a diverse clientele, including commercial IT customers and large institutions, with a focus on mission-critical communications, especially in remote or infrastructure-limited environments. As of November 2020, it operates as a subsidiary of Curtiss-Wright Corporation.

PayScale

Series B in 2005
PayScale, Inc. is a leading provider of cloud-based compensation software designed to assist organizations in making informed pay decisions. Founded in 2002 and headquartered in Seattle, Washington, with additional offices in Louisville, Denver, and Cary, the company offers a range of services, including Insight Expert, which streamlines salary benchmarking and pay adjustment processes. PayScale utilizes big data and advanced algorithms to deliver comprehensive compensation management solutions for various industries, such as healthcare, manufacturing, and professional services. Its platform supports over 8,000 customers, including small businesses and Fortune 500 firms, by providing crucial insights that enable fair compensation practices. Additionally, PayScale offers professional services to evaluate and optimize compensation structures, ensuring organizations can effectively communicate and manage employee compensation.

Fios

Venture Round in 2005
Fios is a provider of electronic discovery management services catering to corporations, law firms, and litigation support firms. Established in 1999 and headquartered in Portland, Oregon, with additional offices in Dallas, Texas, and New York, Fios specializes in offering comprehensive electronic discovery services that include evidence collection, processing, review, and production. The company also supports litigation readiness through services such as litigation assessments, legal hold protocols, and discovery response planning. Fios emphasizes project management and technology consulting, providing clients with essential services to navigate the complexities of e-discovery and compliance. Its expertise extends to technology assessment and the operation of information portals that focus on e-discovery and governance issues.

Phoseon Technology

Series B in 2005
Phoseon Technology, Inc. is a manufacturer of ultraviolet (UV) light emitting diode (LED) curing systems and solutions, primarily serving commercial and industrial applications. Founded in 2002 and headquartered in Hillsboro, Oregon, with an additional office in Shanghai, China, the company is recognized for its pioneering work in semiconductor light matrix (SLM) technology. Phoseon offers a diverse range of products, including air-cooled and water-cooled UV LED curing solutions and lamps, utilized across various sectors such as printing, coatings, and electronic assembly. Its applications extend to large and small area curing, flexographic printing, and UV coatings for materials like wood and automotive products. The company caters to both original equipment manufacturers and end-user markets globally, focusing on enhancing efficiency and performance in industrial processes, including semiconductor inspection and lithography.

PayScale

Series A in 2004
PayScale, Inc. is a leading provider of cloud-based compensation software designed to assist organizations in making informed pay decisions. Founded in 2002 and headquartered in Seattle, Washington, with additional offices in Louisville, Denver, and Cary, the company offers a range of services, including Insight Expert, which streamlines salary benchmarking and pay adjustment processes. PayScale utilizes big data and advanced algorithms to deliver comprehensive compensation management solutions for various industries, such as healthcare, manufacturing, and professional services. Its platform supports over 8,000 customers, including small businesses and Fortune 500 firms, by providing crucial insights that enable fair compensation practices. Additionally, PayScale offers professional services to evaluate and optimize compensation structures, ensuring organizations can effectively communicate and manage employee compensation.

Integrex

Funding Round in 2002
Integrex is a prominent UK-based designer and manufacturer of innovative electronic and IT products, catering to the education, retail, and corporate sectors. With over 40 years of industry experience, the company specializes in creating interactive and immersive special needs equipment, bespoke kiosks, and advanced corporate audiovisual systems. Located in Derbyshire, Integrex is well-positioned to serve clients across the United Kingdom, earning a reputation for delivering tailored solutions that address a wide range of complex needs. The dedicated team at Integrex is committed to understanding client requirements and providing effective, customized offerings in the rapidly evolving tech landscape.

Midstream Technologies

Series C in 2002
MidStream Technologies(TM) has developed the world's first dedicated streaming appliance. One box can deliver 16,000 simultaneous broadband streams with unprecedented scalability. A multiple box configuration provides built-in load balancing, failover reliability and the power to deliver millions of concurrent streams. MidStream servers can support every popular streaming format simultaneously & allow for software and appliance upgrades in the field, extending hardware longevity and promoting cost savings.

NetMotion Software

Venture Round in 2001
NetMotion Software is a technology company focused on enhancing the productivity of mobile workforces for businesses and government agencies. Its primary product, Mobility, is a mobile VPN solution that ensures seamless and optimized data connections for mobile workers as they navigate varying wireless coverage areas and switch between networks. The platform provides IT decision-makers with comprehensive intelligence and control over devices, applications, and networks, facilitating a superior mobile user experience. With over 1,400 organizations, including major public utilities, healthcare providers, and public safety entities, relying on its solutions, NetMotion Software plays a critical role in accelerating business-critical applications and improving operational efficiencies in dynamic work environments.

Midstream Technologies

Series B in 2001
MidStream Technologies(TM) has developed the world's first dedicated streaming appliance. One box can deliver 16,000 simultaneous broadband streams with unprecedented scalability. A multiple box configuration provides built-in load balancing, failover reliability and the power to deliver millions of concurrent streams. MidStream servers can support every popular streaming format simultaneously & allow for software and appliance upgrades in the field, extending hardware longevity and promoting cost savings.

Pacific Edge Software

Series B in 2000
Pacific Edge Software is a provider of IT governance solutions and project portfolio management services, focused on delivering practical software products and professional services that enable organizations to optimize their IT portfolios. Founded in 1998 and headquartered in Bellevue, Washington, the company helps businesses enhance their planning, evaluation, and alignment of IT initiatives with strategic objectives, thereby maximizing the return on technology investments. By offering a structured portfolio management process, Pacific Edge Software supports organizations across various industries in extending and maturing their governance practices. The company remains privately held and is dedicated to facilitating a fast and effective adoption of their solutions.

Integrex

Funding Round in 1999
Integrex is a prominent UK-based designer and manufacturer of innovative electronic and IT products, catering to the education, retail, and corporate sectors. With over 40 years of industry experience, the company specializes in creating interactive and immersive special needs equipment, bespoke kiosks, and advanced corporate audiovisual systems. Located in Derbyshire, Integrex is well-positioned to serve clients across the United Kingdom, earning a reputation for delivering tailored solutions that address a wide range of complex needs. The dedicated team at Integrex is committed to understanding client requirements and providing effective, customized offerings in the rapidly evolving tech landscape.

Pacific Edge Software

Series A in 1999
Pacific Edge Software is a provider of IT governance solutions and project portfolio management services, focused on delivering practical software products and professional services that enable organizations to optimize their IT portfolios. Founded in 1998 and headquartered in Bellevue, Washington, the company helps businesses enhance their planning, evaluation, and alignment of IT initiatives with strategic objectives, thereby maximizing the return on technology investments. By offering a structured portfolio management process, Pacific Edge Software supports organizations across various industries in extending and maturing their governance practices. The company remains privately held and is dedicated to facilitating a fast and effective adoption of their solutions.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.