HBAN

HBAN is an all-island umbrella group responsible for the development of business angel syndicates. HBAN actively works to increase the number of angel investors involved in investing in early stage companies and supports the formation of new and existing angel networks, both regionally and internationally, and within industry sectors. Despite the economic tsunami, the growth in Irish business angel investment in recent times has been significant. In 2014 HBAN business angels, across the island invested €9 million into 48 companies. This direct angel investment leveraged a further €20M of additional public & private funds into these companies from organisations such as Enterprise Ireland, venture capital companies and founders. These numbers have risen steadily from 2011 when HBAN helped 29 companies raise €12m of which €6m came from angel investors.

Michael Culligan

Director

41 past transactions

VascVersa

Seed Round in 2022
VascVersa is a med-tech company focused on vascular regeneration through innovative regenerative medicine. It has developed a unique cell therapy that stimulates the formation of new blood vessels, enhancing blood supply and promoting long-term healing. This technology enables healthcare professionals to effectively treat patients with ischaemic diseases, addressing critical needs in vascular health. By prioritizing advancements in cell therapies, VascVersa aims to improve patient outcomes and support recovery in those affected by vascular-related conditions.

Buymie

Venture Round in 2022
Buymie Technologies Limited operates a mobile application for on-demand groceries. The company was incorporated in 2015 and is based in Dublin, Ireland.

Gasgon Medical

Seed Round in 2022
Gasgon Medical is medical device company that launches new products to support medical staff and deliver improved patient outcomes.

SymPhysis Medical

Seed Round in 2022
SymPhysis Medical focuses on developing innovative medical technologies aimed at treating chronic diseases, with an emphasis on enhancing patient experience and quality of life. The company's flagship product, releaze, addresses malignant pleural effusion (MPE), a common complication in late-stage cancer patients that can lead to severe shortness of breath and chest pain. This therapeutic device is designed for home use, effectively draining excess fluid from the pleural space. By utilizing an active component that enhances fluid removal efficiency, releaze alleviates distressing symptoms and improves treatment accessibility for patients requiring indwelling pleural catheter (IPC) therapies.

ClarityCX1

Seed Round in 2022
ClarityCX1 develops tailored CRM solutions built on the Salesforce Lightning platform.

CroíValve

Series A in 2022
CroíValve is a developed a safe, effective, easy to use, percutaneous solution for treating all patients with severe Tricuspid Regurgitation

Klearcom

Seed Round in 2021
Klearcom provides End to End IVR Testing, IVR Test Automation, Assurance, and Analytics.

Vaultree

Seed Round in 2021
Vaultree operates an encryption-as-a-service platform designed to enhance data protection for businesses of all sizes. The company addresses the vulnerabilities associated with traditional deterministic encryption methods, which require decrypting data in the cloud, thereby exposing it to potential breaches. By utilizing a unique technology that allows companies to read, write, and query data in cloud environments without the need for decryption, Vaultree ensures compliance with local regulations and safeguards sensitive information against unauthorized access, alteration, or loss. This innovative approach enables organizations to maintain operational efficiency while securing their data, reducing the need for specialized personnel and minimizing costs associated with data protection.

Haru

Seed Round in 2021
Haru provides charities a platform to sell and process orders online to help boost their revenues without the large investment that e-commerce typically requires.

VascVersa

Seed Round in 2021
VascVersa is a med-tech company focused on vascular regeneration through innovative regenerative medicine. It has developed a unique cell therapy that stimulates the formation of new blood vessels, enhancing blood supply and promoting long-term healing. This technology enables healthcare professionals to effectively treat patients with ischaemic diseases, addressing critical needs in vascular health. By prioritizing advancements in cell therapies, VascVersa aims to improve patient outcomes and support recovery in those affected by vascular-related conditions.

SeeMeHired

Pre Seed Round in 2021
SeeMeHired is a cloud-based platform to automate much of the recruitment process, including engaging, selecting, and hiring job candidates.

SustainIQ

Seed Round in 2021
SustainIQ is a new platform that transforms how organizations manage their sustainability performance.

Loanitt

Seed Round in 2020
Loanitt is a finance Intermediary. It works with a panel of lenders in Ireland using advanced technology to provide you with the best access to finance.

Mountain Technologies

Seed Round in 2020
Mountain Technologies is an innovative Northern Ireland-based startup that transforms mountain resort operational management.

FoodMarble

Venture Round in 2020
FoodMarble Digestive Health Ltd., founded in 2016 and based in Dublin, Ireland, develops innovative solutions for digestive health issues affecting nearly one billion people worldwide. The company has created a connected breath analysis device known as AIRE, which helps users identify foods that align with their individual digestive systems. This personal breath analyzer operates based on established clinical tests, enabling users to design personalized diets that improve their digestive well-being. In addition to the AIRE device, FoodMarble provides online application software that assists users in managing their digestive health more effectively. By combining advanced sensor technology with user-friendly software, FoodMarble aims to empower individuals to regain control over their digestion and enhance their quality of life.

ViperClip

Venture Round in 2020
ViperClip is a fully insulated cable clip that works with its specially designed battery-powered stapler to secure 110v to 240v electrical cables to wooden joists and structures.

StormHarvester

Venture Round in 2020
StormHarvester links civil infrastructure to a weather forecasting platform. This allows civil infrastructure to take action prior to heavy rainfall. StormHarvester was designed and developed through collaboration between specialist drainage engineers, leading engineering academics from Queens University, Belfast, and specialist software and electronics engineers. Our ‘smart’ drainage solutions are set to fundamentally disrupt traditional drainage design by reducing capital costs, water demand and pollution events.

Buymie

Series A in 2020
Buymie Technologies Limited operates a mobile application for on-demand groceries. The company was incorporated in 2015 and is based in Dublin, Ireland.

Boatyard Distillery

Venture Round in 2020
Boatyard Distillery Limited, founded in 2013 and based in Enniskillen, Northern Ireland, is a farm-to-bottle distillery that specializes in producing organic spirits, including gin and vodka. The company is committed to using only organic ingredients sourced from local farms, emphasizing the unique terroir of the land. For example, its gin features sweet gale foraged from the family bog, while its vodka is crafted using locally grown wheat. Through meticulous fermentation processes, Boatyard Distillery aims to deliver high-quality alcoholic beverages that reflect the natural flavors of their ingredients, providing consumers with an authentic tasting experience.

Cerebreon Technologies

Seed Round in 2020
Cerebreon Technologies specializes in advanced data analytics, business management systems and process automation. Cerebreon Technologies Ltd. provides bespoke software solutions and expert consultancy services to enterprises with a mission to make high-end analytics accessible to all businesses, irrespective of their size or sector.

Payslip

Series A in 2020
Payslip Ltd. develops payroll management software tailored for multi-national enterprises. Founded in 2016 and headquartered in Westport, Ireland, with an additional office in Providence, Rhode Island, the company offers a software-as-a-service solution that includes features such as a Global Payroll Manager for overseeing payroll operations, an Employee Portal for self-service access by various employee types, and a reporting tool for multi-functional analysis. The software also includes a Corporate Organizer and a General Data Protection Regulations tool to assist companies in managing personal data and ensuring compliance with relevant regulations. Payslip's technology facilitates the standardization of global payroll processes, providing multinationals with centralized management, visibility, and the ability to scale operations into new countries efficiently.

Thrive

Venture Round in 2020
TheAppBuilder provid the technology & support to assist organisations in powering up their internal communications and employee engagement.

UtilityAR

Seed Round in 2019
UtilityAR Limited designs, develops, and manufactures augmented reality solutions for asset and maintenance management. The company’s solutions allow the users to interact with the real world while accessing existing databases and software systems. It serves customers in various industries, including manufacturing, utilities, and pharmaceuticals industries, as well as data centres. The company was founded in 2017 and is based in Dublin, Ireland with an additional location in London, United Kingdom.

Adoreboard

Venture Round in 2019
Adoreboard Limited specializes in emotion artificial intelligence software solutions, focusing on helping brands understand online customer emotions. The company has developed the Emotics Platform, a software-as-a-service tool that provides data analytics teams with insights into customer and employee reviews. This platform enables organizations to analyze strengths, weaknesses, opportunities, and threats, benchmark against competitors, map customer journeys, and measure empathy, all while integrating various data sources. Founded in 2011, Adoreboard is headquartered in Belfast, United Kingdom, with additional offices in London and New York. The company's unique approach to emotion analytics aims to enhance customer experience and loyalty by identifying feelings and the underlying topics that drive them.

Bluesona

Seed Round in 2019
Bluesona LTD develops a software application for promoting safe driving. It offers Loop, an application a combination of advanced software systems, as well as custom engineered patented smart charger to detect and deter distraction driving. The company was founded in 2017 and is based in Downpatrick, Ireland.

Buymie

Venture Round in 2019
Buymie Technologies Limited operates a mobile application for on-demand groceries. The company was incorporated in 2015 and is based in Dublin, Ireland.

Umba

Pre Seed Round in 2019
Umba is an African digital bank, offering free bank accounts and financial services to our customers. We provide an ecosystem of connected financial services that allows the customer complete control of their finances all in one App.

CroíValve

Seed Round in 2019
CroíValve is a developed a safe, effective, easy to use, percutaneous solution for treating all patients with severe Tricuspid Regurgitation

Hexafly

Angel Round in 2019
Hexafly is a biotechnology company based in Kells, Ireland, specializing in the sustainable farming of insects to produce materials for various industries, including aquaculture, plant nutrition, and pharmaceuticals. Founded in 2016, the company utilizes Black Soldier Fly larvae to convert food waste into valuable products such as insect oil, protein meals for fish feed, frass for plant nutrition, and chitin, which is used in medicines, cosmetics, and as a food additive. By focusing on a circular economy approach, Hexafly aims to provide sustainable solutions that benefit farmers and contribute to more efficient food systems for animals and plants. The company's products are available for purchase online.

Ostoform

Series A in 2018
Ostoform Limited is a medical device company based in Dublin, Ireland, focused on improving skin health for individuals with ostomies. Founded in 2016 as a spin-out from the University of Limerick, Ostoform develops patented technologies aimed at managing and reducing skin complications associated with ostomies. The company's primary products include a mouldable seal that fits securely around the stoma and FLOWASSIST, which directs stoma output away from the skin. By effectively guiding the corrosive output into the ostomy bag, these products help prevent skin irritation and swelling, enhancing patient comfort and quality of life. Ostoform aims to become a global leader in the ostomy skin health market, leveraging its innovative solutions to address the needs of ostomy patients.

Kite Medical

Seed Round in 2018
Kite Medical Ltd. is a Galway, Ireland-based company that specializes in developing a non-invasive device for detecting kidney reflux in children with urinary tract infections. Founded in 2016, the company focuses on providing a diagnostic solution that eliminates the need for complicated procedures and hospital visits. Kidney reflux, the most common urological disorder in childhood, affects up to three percent of young children, particularly those aged six months to five years. If left undiagnosed and untreated, the condition can lead to serious complications, including permanent kidney damage and kidney failure. Kite Medical's innovative technology aims to enhance the patient experience and improve clinical outcomes by enabling early detection and monitoring of kidney reflux in a safe and efficient manner.

Hexafly

Seed Round in 2018
Hexafly is a biotechnology company based in Kells, Ireland, specializing in the sustainable farming of insects to produce materials for various industries, including aquaculture, plant nutrition, and pharmaceuticals. Founded in 2016, the company utilizes Black Soldier Fly larvae to convert food waste into valuable products such as insect oil, protein meals for fish feed, frass for plant nutrition, and chitin, which is used in medicines, cosmetics, and as a food additive. By focusing on a circular economy approach, Hexafly aims to provide sustainable solutions that benefit farmers and contribute to more efficient food systems for animals and plants. The company's products are available for purchase online.

ND Sport Performance

Venture Round in 2018
ND Sports Performance based in Kilkenny.

AventaMed

Venture Round in 2017
AventaMed Ltd. is a medical device company based in Cork, Ireland, specializing in the development of a device for the placement of tympanostomy tubes, commonly known as grommets. As a start-up spun out from the MEDIC research centre at the Cork Institute of Technology, AventaMed has built its foundation on four years of product development aimed at enhancing patient care while lowering healthcare costs. The company's innovative device enables the insertion of ear tubes without the need for general anesthetic, facilitating the treatment of recurring ear infections and hearing loss in both children and adults.

Wicklow Wolf Brewing

Venture Round in 2016
Wicklow, because that’s where we opened our brewhouse in Bray. Wolf, because tradition has it that the last one in Ireland lived around here, and because the hops that they plant on our own hop farm takes its name – Humulus Lupulus – from that wild and proud creature too. Craft beer, because if it’s made better it tastes better. They love craft beer, and our passion shows in every pint. They hope you’ll love it too.

Signum Surgical

Venture Round in 2016
Founded in 2014 by Eoin Bambury and Moshe Zilversmit, Signum Surgical is a medtech platform striving to develop technology that could cure perianal fistula. Bambury and Zilversmit, who met on the BioInnovate Ireland programme at NUI Galway, recognised a lack of innovation surrounding the treatment of perianal fistulas (small tunnels that develop between the end of the bowel and the skin near the anus). The device developed by Signum Surgical is implanted post-surgery to prevent reinfection and to allow a faster healing process.

Iconic Translation Machines

Seed Round in 2015
Iconic Translation Machines develops and delivers cloud-based machine translation (MT) solutions for the language services industry. The company’s products include IPTranslator, a solution for the patent and legal translation industry that delivers machine translation for patents and filings, researches and search reports, and e-discovery and litigation applications; and domain-adapted MT solutions for specific technical areas, including intellectual property, financial services, pharmaceutical, medical, life sciences, and more. The company also provides post-edited machine translation, MT for information purposes, customization, languages, file and document format, and data security solutions. In addition, it offers Iconic API, an application programming interface that allows its users to connect directly with services and retrieve translations from the cloud; and Iconic Workflow which provides access to MT through a web-based interface, enabling its users to upload files across various formats and retrieve translations. It serves clients in Europe, Asia, and the United States.

Elivar

Venture Round in 2014
Elivar has developed a range of sports nutrition products that specifically address the sports nutrition needs of middle aged endurance athletes, delivering a performance edge while also providing longer term health benefits that support their continued participation in sport.

InishTech

Venture Round in 2010
InishTech provides Software Developers and Product Managers globally with code protection and licence management solutions to protect their most valuable assets and enable them to provide their customers with the ability to deploy and use their products in the most flexible manner possible. InishTech SLP is designed to enable independent software vendors (ISVs) and software development houses of any size to provide flexible, customer-oriented license and entitlement models to their customers. Specifically tailored for ISVs developing software applications with the Microsoft .NET framework, InishTech SLP is a platform for managing, packaging, licensing and selling software products in a way that encourages innovation, minimizes development effort, reduces development cost and maximizes profit.