Industrial Technology Ventures

Industrial Technology Ventures, L.P. (ITV) is a $50 million fund sponsored by Cordova Ventures and HSB Engineering Finance Corporation. Specializing in expansion, mid, and late-stage companies with proven management teams and proprietary technologies, ITV focuses on creating substantial bottom-line value within established industries.

Gerald F. Schmidt

Partner

10 past transactions

EcoSMART Technologies

Venture Round in 2008
EcoSMART Technologies, Inc. specializes in the manufacture of pesticide solutions and pet care products derived from natural ingredients. Founded in 1992 and headquartered in Atlanta, Georgia, the company offers a comprehensive range of pest control items, including insecticides for ants, roaches, bed bugs, fleas, ticks, and garden pests, as well as weed and grass killers. Its formulations utilize essential plant oils, which have been shown through scientific research to effectively disrupt insect neuro-receptors, providing a non-toxic alternative to traditional synthetic chemicals. EcoSMART's products are designed to be safe for both residential and commercial use, and they are available through online platforms and retail stores. As a subsidiary of Kittrich Corporation, EcoSMART is committed to producing effective and environmentally friendly solutions in the pest control industry.

Five Star Technologies

Venture Round in 2006
Five Star Technologies is a supplier of high-performance dispersions, inks and pastes used in displays, photovoltaics, and microelectronic packaging. Combining its patented hydrodynamic cavitation process with innovative chemistry, Five Star produces the ElectroSperseâ„¢ series of inks and pastes as well as a wide range of precision dispersions. The ElectroSperse line features a range of conductive pastes with exceptional printability, low firing temperatures, high levels of conductivity, strong adhesion to a variety of substrates, and RoHS compliance. ElectroSperse grades can be tailored for a range of processing techniques, including screen, gravure, extrusion and ink jet printing. Targeted applications include electrodes, interconnects, and linearization patterns for displays, photovoltaic front side contacts, and hybrid microcircuits.

SkyBitz

Series C in 2005
SkyBitz, Inc. is a mobile asset management company that specializes in real-time tracking and information management solutions. Founded in 1995 and based in Sterling, Virginia, the company offers various hardware products, including mobile terminals, power management systems, and sensors. SkyBitz provides service plans such as Basic Tracking, which allows for location reporting on a configurable schedule, and Smart Sensor Tracking, which utilizes a patented Smart Sensor in its GLS 210 model. Additionally, the company features the SkyBitz Partner and Leasing Application, a hosted solution that enables leasing companies to track the location of unleased assets and offers tracking capabilities for their customers. SkyBitz serves multiple industries, including transportation, rail, intermodal, marine, energy, and heavy equipment, ensuring comprehensive visibility and assessment of remote assets worldwide.

DemandPoint

Series A in 2004
DemandPoint, Inc. provides management consulting, training, and technology services. It offers fulfillment systems and architecture, supply chains, manufacturing capability, operational excellence, information technology and systems architecture, and organizational and change management assessment services. The company also provides training and education, consulting and process design, and technology solutions. Its clients include medical devices, consumer products, pharmaceutical, logistics, aerospace/defense, contract manufacturing, and high tech/capital equipment industries. DemandPoint, Inc. was founded as Pelion Systems, Inc. in 1996 and changed its name to DemandPoint, Inc. in March 2007. The company is based in Englewood, Colorado.

Five Star Technologies

Series C in 2004
Five Star Technologies is a supplier of high-performance dispersions, inks and pastes used in displays, photovoltaics, and microelectronic packaging. Combining its patented hydrodynamic cavitation process with innovative chemistry, Five Star produces the ElectroSperseâ„¢ series of inks and pastes as well as a wide range of precision dispersions. The ElectroSperse line features a range of conductive pastes with exceptional printability, low firing temperatures, high levels of conductivity, strong adhesion to a variety of substrates, and RoHS compliance. ElectroSperse grades can be tailored for a range of processing techniques, including screen, gravure, extrusion and ink jet printing. Targeted applications include electrodes, interconnects, and linearization patterns for displays, photovoltaic front side contacts, and hybrid microcircuits.

SkyBitz

Series C in 2004
SkyBitz, Inc. is a mobile asset management company that specializes in real-time tracking and information management solutions. Founded in 1995 and based in Sterling, Virginia, the company offers various hardware products, including mobile terminals, power management systems, and sensors. SkyBitz provides service plans such as Basic Tracking, which allows for location reporting on a configurable schedule, and Smart Sensor Tracking, which utilizes a patented Smart Sensor in its GLS 210 model. Additionally, the company features the SkyBitz Partner and Leasing Application, a hosted solution that enables leasing companies to track the location of unleased assets and offers tracking capabilities for their customers. SkyBitz serves multiple industries, including transportation, rail, intermodal, marine, energy, and heavy equipment, ensuring comprehensive visibility and assessment of remote assets worldwide.

Five Star Technologies

Series C in 2003
Five Star Technologies is a supplier of high-performance dispersions, inks and pastes used in displays, photovoltaics, and microelectronic packaging. Combining its patented hydrodynamic cavitation process with innovative chemistry, Five Star produces the ElectroSperseâ„¢ series of inks and pastes as well as a wide range of precision dispersions. The ElectroSperse line features a range of conductive pastes with exceptional printability, low firing temperatures, high levels of conductivity, strong adhesion to a variety of substrates, and RoHS compliance. ElectroSperse grades can be tailored for a range of processing techniques, including screen, gravure, extrusion and ink jet printing. Targeted applications include electrodes, interconnects, and linearization patterns for displays, photovoltaic front side contacts, and hybrid microcircuits.

SkyBitz

Series B in 2002
SkyBitz, Inc. is a mobile asset management company that specializes in real-time tracking and information management solutions. Founded in 1995 and based in Sterling, Virginia, the company offers various hardware products, including mobile terminals, power management systems, and sensors. SkyBitz provides service plans such as Basic Tracking, which allows for location reporting on a configurable schedule, and Smart Sensor Tracking, which utilizes a patented Smart Sensor in its GLS 210 model. Additionally, the company features the SkyBitz Partner and Leasing Application, a hosted solution that enables leasing companies to track the location of unleased assets and offers tracking capabilities for their customers. SkyBitz serves multiple industries, including transportation, rail, intermodal, marine, energy, and heavy equipment, ensuring comprehensive visibility and assessment of remote assets worldwide.

Five Star Technologies

Series B in 2002
Five Star Technologies is a supplier of high-performance dispersions, inks and pastes used in displays, photovoltaics, and microelectronic packaging. Combining its patented hydrodynamic cavitation process with innovative chemistry, Five Star produces the ElectroSperseâ„¢ series of inks and pastes as well as a wide range of precision dispersions. The ElectroSperse line features a range of conductive pastes with exceptional printability, low firing temperatures, high levels of conductivity, strong adhesion to a variety of substrates, and RoHS compliance. ElectroSperse grades can be tailored for a range of processing techniques, including screen, gravure, extrusion and ink jet printing. Targeted applications include electrodes, interconnects, and linearization patterns for displays, photovoltaic front side contacts, and hybrid microcircuits.
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