Jumpstart Foundry

Jumpstart Foundry is a venture capital firm based in Nashville, Tennessee, specializing in seed-stage investments in the healthcare sector. Founded in 2010, the firm focuses on healthcare information technology, consumer health products and services, as well as tech-enabled services and diagnostic devices, while avoiding investments in biotech, pharmaceuticals, and life sciences. Jumpstart Foundry typically invests up to $0.15 million per company for a 7.5 percent equity stake. The firm operates a 14-week accelerator program for startups, alongside a six-week Micro-Accelerator program designed for small to medium-sized companies and corporations. With a mission to enhance healthcare innovation, Jumpstart Foundry connects its portfolio companies with industry stakeholders and provides strategic guidance on marketing and growth. Additionally, the firm has an office in Atlanta, Georgia, and is a subsidiary of Solidus Company.

Doug Edwards

Managing Director

Eller Mallchok

Managing Director

Past deals in Tennessee

Xcellent Life

Seed Round in 2022
Xcellent Life is building the Xcellent Life Cloud Platform (XLCP), which will be the central nervous system for connecting biometric sensors, mobile applications, & software systems for healthcare & wellness applications. Xcellent Life will revolutionize healthcare and wellness by using real-time data from a broad array of sources.

Xcellent Life

Seed Round in 2022
Xcellent Life is building the Xcellent Life Cloud Platform (XLCP), which will be the central nervous system for connecting biometric sensors, mobile applications, & software systems for healthcare & wellness applications. Xcellent Life will revolutionize healthcare and wellness by using real-time data from a broad array of sources.

Ruth Clinic

Seed Round in 2019
Ruth Clinic Inc. operates as a local medical practice dedicated to recovery from opioid abuse disorder. The company’s services include medical review, psychological support, healing medications, and learning center. It offers medical-assisted treatment which includes a personal physician, dedicated counselor, and prescription medications. The company is based in Columbia, Tennessee.

Vision Care Connect

Seed Round in 2019
Vision Care Connect offers a complete range of ophthalmology services and refractive surgery solutions that correct vision problems and restore your vision health.

Solaster

Seed Round in 2017
Solaster is a company focused on developing blockchain technology to enhance the healthcare sector. It creates a consumer-centric ecosystem that promotes interoperability among decentralized applications and blockchains. By enabling the secure exchange of healthcare data through smart contracts, Solaster facilitates access to medical information for healthcare providers and insurance companies. This technology allows for the segregation of medical data and electronic medical records, improving efficiency and accessibility within the healthcare system.

Affirmhealth

Seed Round in 2016
AffirmHealth Inc., founded in 2016 and based in Nashville, Tennessee, specializes in workflow integration and automation software aimed at assisting healthcare providers in complying with state-controlled substance monitoring programs to combat prescription drug abuse. The company also offers advanced care planning software that helps providers generate revenue, enhance patient satisfaction, and improve population health. Its platform includes a huddle tool designed to provide actionable tasks for each patient, informed by payer contracts and specific quality measures, ultimately enabling clinicians to concentrate on delivering better care to their patients.

splitsecnd

Venture Round in 2015
splitsecnd offers a portable plug-in vehicle connectivity device that enhances driver safety and emergency response. The device plugs into the 12V lighter outlet of any car and utilizes airbag sensor technology to detect crashes. Upon impact, it automatically alerts emergency services, connects the user to a live operator, dispatches help to the location, and notifies designated emergency contacts. Additionally, the device can be manually activated in emergencies or roadside breakdowns. Beyond emergency response, splitsecnd features comprehensive trip analytics and GPS capabilities, allowing users to track routes, promote safe driving habits, and locate parked vehicles. This device is designed for a wide range of drivers, including seniors and teens, providing peace of mind without the need for a cell phone.

Life Links

Seed Round in 2015
LifeLinks Care Management - Care coordination for those you love.

Spiras Health

Seed Round in 2015
Spiras Health is a healthcare company focused on enhancing patient outcomes by providing home-based care for individuals with complex chronic illnesses. The company extends specialist care into patients' homes through a multidisciplinary team of clinicians. By utilizing telehealth services, two-way digital communications, and remote patient monitoring, Spiras Health aims to improve patients' quality of life while simultaneously reducing costs associated with avoidable hospitalizations. This approach not only increases access to necessary medical services but also addresses the challenges faced by patients managing chronic conditions.

Pro Hydration Therapy

Seed Round in 2015
Pro Hydration Therapy, Inc. is based in Nashville, Tennessee, and specializes in providing hydration therapy services, particularly for athletes. The company offers intravenous (IV) hydration therapy, which is recognized as a fast and effective method for replenishing fluids, electrolytes, and supplements to aid in recovery from injuries. In addition to IV therapy, Pro Hydration Therapy also administers B-12 shots designed to support the nervous system, enhance mood, and promote overall health by regulating cholesterol levels, protecting against certain cancers, and improving sleep quality. The company focuses on delivering safe and individualized treatments to meet the specific needs of its clients.

Skill Spectrum

Seed Round in 2014
Hiring the right millennial can be tough. Beyond the vast sea of résumés seemingly all written by the same person, however, is a generation that really is itching to work. Why not outsource that project you've been telling yourself to do for weeks while simultaneously trying out a potential hire for your growing organization? Their platform matches you with students who have the proven skill to ship something you need done, effortlessly screening and managing young talent for you.

Spotwise

Seed Round in 2014
Spotwise is an IT service provider for the parking industry that focuses on providing real-time analytics to lot operators by using camera technology. It uses high-end camera technology and proprietary image processing software to build parking management systems. Spotwise integrates with its clients’ existing payment system to enforce parking space. Its system works by using cameras mounted on its users’ existing light poles. Spotwise was founded by a team of engineers and entrepreneurs in 2014. It is based in Nashville, Tennessee.

Healthcare MarketMaker

Seed Round in 2014
Healthcare MarketMaker, Inc. is a healthcare solutions provider based in Nashville, Tennessee, founded in 2013. The company facilitates transactions between buyers and sellers of medical and dental practices through its virtual marketplace. Its offerings include mRange, a tool that calculates the market value range of practices using a proprietary formula, and mmReport cards, which assist chiropractors, dentists, and physical therapists in evaluating their performance relative to peers. By concentrating on medical and dental practice transactions and medical equipment, Healthcare MarketMaker aims to create an efficient marketplace that enhances the understanding of practice valuations and helps healthcare professionals navigate the buying and selling process effectively.

PinPtr

Seed Round in 2014
PinPtr is a developer of advanced GPS-based localization software that offers precise location information with centimeter-scale accuracy. The technology is designed to determine the positions of various devices, including drones, robots, and vehicles, enhancing applications such as collision avoidance and autonomous navigation. By providing absolute positioning capabilities anywhere on Earth, PinPtr enables users to effectively track and manage the location of their devices in real-time, supporting a wide range of industries reliant on accurate location data.

Applyance

Seed Round in 2014
Applyance is hiring made easy. They take the time, energy, and cost out of your hiring process so you can focus on what matters.

Aloncii

Seed Round in 2014
Aloncii is a fashion-focused company that integrates technology with the art of dressing to offer a unique online platform for bespoke apparel and footwear. Founded on the belief that convenience and quality can coexist, Aloncii primarily facilitates made-to-order production, allowing consumers to customize shoes according to their individual preferences. By combining the superior quality and fit of couture with the accessibility of ready-to-wear options, Aloncii aims to redefine the shopping experience. The company encourages engagement through social media and invites customers to register for exclusive previews, fostering a community of fashion enthusiasts while advancing the future of personalized fashion.

Arrister

Seed Round in 2014
Arrister has kept their original vision as an online marketplace to browse, build, and buy custom hardwood products and furniture. They are starting small with drink coasters, and once they process has been refined a bit, they will scale to doing entire furniture pieces. Their online platform makes is very simple to customize the shape of your new table.

Boomalang

Seed Round in 2014
Boomalang is an online language exchange platform that connects native speakers across the world to improve cultural and conversational fluency. With minimally but relevantly guided conversation, the platform simulates a natural language learning experience. Boomalang was launched in 2014 and is based in Nashville, Tennessee.

Octovis, Inc.

Seed Round in 2014
Octovis expand the capabilities of nursing staff with live-streaming two-way video and real-time delivery of integrated medical device data, direct to a remote physician. Our Bluetooth enabled devices include a stethoscope, pulse oximeter, EKG, blood pressure cuff, otoscope, and a dermatoscope. These devices are connected to an Android tablet that live streams video between the nurse and remote physician (they connect via web browser); in addition to the data from the devices. The nurse can also don Vuzix smart glasses to transmit a live stream of video at their perspective, providing ‘eyes on site’. Organizations can use their own physicians, our partner PSO, or even a hybrid of both. We’ve built a robust platform between the nurse and physician, integrating into EHRs and providing intelligent dispatching algorithms to handle many concurrent encounters with a pool of available physicians. Our customers experience an increase in efficient, available, and effective care that helps them to drastically reduce hospital readmissions while providing more physician coverage than previously possible.

InvisionHeart

Seed Round in 2013
InvisionHeart draws on the strengths of experienced leadership, robust software and hardware developers and a strong clinical advisory team. The technology was originally developed by a team of physicians and engineers at Vanderbilt University in response to real-world clinical problems. Along with their team of investors, they share a vision for the improved care of heart patients wherever they live and work.

Utilize Health

Seed Round in 2013
Utilize Health, Inc. is a Nashville-based company that provides an online platform designed to connect patients with neurological disabilities to specialized therapies and facilities, enhancing their potential for recovery. The company focuses on six specific conditions: spinal cord injury, traumatic brain injury, muscular dystrophy, cerebral palsy, stroke, and multiple sclerosis. In addition to its patient-facing services, Utilize Health partners with health plans and providers to offer care coordination solutions that improve health outcomes and lower healthcare costs. The platform features digital tools such as a Facility Finder, an Education Library, and a Messaging Tool for direct communication with Patient Advocates. The Patient Advocate Program assists patients in navigating the healthcare system by helping them locate facilities, obtain prescriptions, and arrange transportation, ensuring comprehensive support for those managing complex medical needs.

Poliana

Seed Round in 2013
Poliana is a web application that simplifies the legislative system by analyzing and visualizing money’s influence in politics. Abraham Lincoln once discussed a “government of the people, by the people, for the people” in his famous Gettysburg Address. Since then, things have changed in how their government represents its constituents.

NewsBreak

Seed Round in 2013
Newsbreak’s programmatic merchandising platform automates the scheduling and content distribution process through sales data and predictive analytics. NewsBreak schedules and distributes content to display screens using two filters: 1) Playlists vary by location and by screen and are based on key consumer variables that impact buying behavior — These include elastic variables such as time of day, temperature and precipitation, as well as static variables specific to the convenience store location, like average household income, gender or age distributions in the designated location. 2) Predictive data analytics component — The analytics platform gathers data from the C-Store’s data warehouse and automatically pulls location-by-location sales data and key consumer buying data while simultaneously collecting playback data from the content management system. Means variance analyses and predictive selling models are then run assessing the impact of the merchandising playlist against changes in sales volume and market basket. If sales are not being effected, then the platform will replace that message with a promotional message for another product. This virtual feedback loop will ensure that the platform is always optimizing the most effective series of promotional messages.

Rocket Raise

Seed Round in 2013
Rocket Raise is a messaging application designed to allow users to support social causes through their text messages. The app enables individuals to turn each text into a donation, making it easier to contribute to causes they care about. By connecting socially responsible brands with users who are passionate about making a difference, Rocket Raise transforms a daily activity like texting into a meaningful way to give back. It is currently available for Android and is set to launch soon for iPhone. The platform aims to create a seamless experience for users to engage in philanthropy while maintaining their regular communication habits.

dVisit

Seed Round in 2013
dVisit, Inc. is a Nashville-based company that offers a mobile and web application designed to facilitate treatment for routine illnesses by connecting patients with their personal doctors. Through this platform, patients can easily describe their symptoms and submit an online form for doctors to review, enabling timely recommendations for treatment. This service not only saves patients an average of 2.5 hours but also allows doctors to provide care efficiently while maintaining continuity of care. By enhancing communication between patients and their healthcare providers, dVisit aims to improve the overall quality of care, increase productivity for doctors, and help manage patient volume without incurring additional overhead costs.

splitsecnd

Seed Round in 2013
splitsecnd offers a portable plug-in vehicle connectivity device that enhances driver safety and emergency response. The device plugs into the 12V lighter outlet of any car and utilizes airbag sensor technology to detect crashes. Upon impact, it automatically alerts emergency services, connects the user to a live operator, dispatches help to the location, and notifies designated emergency contacts. Additionally, the device can be manually activated in emergencies or roadside breakdowns. Beyond emergency response, splitsecnd features comprehensive trip analytics and GPS capabilities, allowing users to track routes, promote safe driving habits, and locate parked vehicles. This device is designed for a wide range of drivers, including seniors and teens, providing peace of mind without the need for a cell phone.

Utilize Health

Seed Round in 2013
Utilize Health, Inc. is a Nashville-based company that provides an online platform designed to connect patients with neurological disabilities to specialized therapies and facilities, enhancing their potential for recovery. The company focuses on six specific conditions: spinal cord injury, traumatic brain injury, muscular dystrophy, cerebral palsy, stroke, and multiple sclerosis. In addition to its patient-facing services, Utilize Health partners with health plans and providers to offer care coordination solutions that improve health outcomes and lower healthcare costs. The platform features digital tools such as a Facility Finder, an Education Library, and a Messaging Tool for direct communication with Patient Advocates. The Patient Advocate Program assists patients in navigating the healthcare system by helping them locate facilities, obtain prescriptions, and arrange transportation, ensuring comprehensive support for those managing complex medical needs.

Zingfin

Seed Round in 2013
Zingfin provides trending, timely and trustworthy stock related information, based on real-time analysis of information from StockTwits® Twitter®, Blogs, and the the news media, exposing the collective wisdom of crowds, so investors can make more informed, efficient, and effective investment decisions.

Contigo Financial

Seed Round in 2012
Contigo is disrupting the subprime lending industry by offering innovative financial products to those with the least access to them, partnering with employers to provide socially-responsible short-term, low-cost loans offered as a benefit to employees who lack strong credit histories. Credit is extended to employees through a robust web-based platform and proprietary underwriting model. Contigo is a graduate of the Jumpstart Foundry accelerator program and a winner of Vanderbilt University's Sohr Grant for startups.

Photo Rankr

Seed Round in 2012
World's Best Photographers Network: World’s Best Photography Community, Portfolio Solution, Photos, and Marketplace. Photorankr is a revolutionary social network and marketplace solution for photographers and image buyers. We offer photographers the ability to share their photos, sell their photos, and manage their entire photography business all within one network. We give photographers the tools (their own customizable profile and portfolio website & domain), exposure (through our fully featured social network), and quality feedback (through photography contests, and commenting) to grow their photography businesses. Buyers are able to search our photography not only by traditional means, but also socially and locally. In addition, Photorankr's crowdsourcing image marketplace and hiring a photographer marketplace will easily connect buyers with any of their photography needs.

The Skillery

Seed Round in 2012
The Skillery is an online marketplace that offers affordable, offline classes and workshops led by local experts. Established in 2011, it has transitioned from a broad platform for local classes to a curated hub that caters to creative entrepreneurs, freelancers, and independent professionals. The Skillery hosts a variety of events, including the Skillery EXPO and the Nashville Creativity Summit, which inform its flexible coworking space and diverse schedule of educational offerings. The organization focuses on helping creative professionals enhance their skills and grow their businesses while promoting the work and brands of its participants. In addition to workshops, The Skillery provides entrepreneurship training and community support, equipping individuals with practical skills necessary for launching successful ventures.

SourceYourCity

Seed Round in 2012
SourceYourCity is a service that connects reporters with experts through confidential news sourcing in real-time. Unlike other services that connect reporters with experts on a national level, SourceYourCity focuses on making local connections. To achieve this, we designed a platform that gives reporters total control over their communications with an engaged audience of experts in their own city. Currently, SourceYourCity is located only in Nashville, Tenn. as its pilot market. By catering to three unique user-types—reporter, expert and PR pro—SourceYourCity seeks to create a better experience for both the report and expert/PR user than current competitors provide. This is accomplished by delivering relevant opportunities to experts based on both topic and location, while giving reporters access to a targeted professional community that delivers better source referrals in a manageable volume. SourceYourCity is led by Founder, President Neely Burks. Email us at team@sourceyourcity.com or Tweet us at @sycnash.

OurVinyl

Seed Round in 2012
OurVinyl TV, Inc. operates an online platform that allows users to discover and share music through various mediums, including video and written content. Established in 2009 and based in Nashville, Tennessee, the platform features both original content and contributions from other filmmakers and music blogs. It focuses on showcasing live performances by both emerging and established artists, providing users with an authentic experience of music in its raw form. Users can easily navigate the extensive library of music videos by genre or artist, enhancing their appreciation for a diverse range of musical styles. OurVinyl aims to make a significant impact in the music industry by offering a unique way for fans, artists, and producers to connect through their shared passion for music.

Urge

Seed Round in 2012
URGE is a point of decision mobile savings platform that incorporates innovative game mechanics, principles of behavioral science, and social networking to promote financial well-being. Through URGE, consumers immediately realize the benefit of making small tradeoffs of foregoing impulse purchases by enabling real time micro-transfers from a checking account to an URGE savings account. URGE is a product of Tradeoff, LLC, a Nashville based mobile behavior change company founded in February 2010.

Cold Crate

Seed Round in 2011
At Cold Crate, we have developed an innovative and new reusable packaging solution that allows items, such as biopharmaceuticals, to stay at a set temperature for 14 days with utmost accuracy.

meevl

Seed Round in 2011
Meevl helps companies to increase brand awareness and engage their employees at the same time. * HOW IT WORKS? * Let your employees receive curated email digest with your latest activity on social networks. * WHY TO USE MEEVL? * Who could better represent your brand than the people who help create it? Be it employees, investors, fans or other stakeholders involved.

RentStuff

Seed Round in 2011
RentStuff.com is an online platform that connects individuals seeking to rent items with local rental companies. It allows users to search, find, and compare various rental options efficiently. By providing specific details about the desired items, users can access a database of nearly 20,000 rental shops, simplifying the rental process and ensuring they receive the best deals available. Rental companies benefit from this service by having the opportunity to reach new customers directly and present their competitive quotes. Additionally, RentStuff offers a person-to-person rental marketplace, enabling users to rent out their own belongings to nearby individuals, creating an avenue for earning extra cash.

Wannado

Seed Round in 2011
Wannado Inc. is a Nashville-based company founded in 2011 that specializes in an online platform enabling users to discover and engage with local events and activities. The platform allows clients to post, link, store, and share various forms of information, including text, graphics, and videos, across categories such as entertainment, food and drink, and family activities. Wannado offers a mobile application that enhances user experience by helping individuals spend less time searching for things to do and more time participating in them. The company's innovative event discovery and marketing tools cater to local consumers as well as event organizers and promoters looking to connect with their audience. Recently, its iPhone app received recognition as the "Best Mobile App" in Nashville's 2013 Best of Tech awards.

Daio

Seed Round in 2011
Daio is powerful prototyping, collaboration, and review for design teams and their clients. Make screens. Add stencils. Show clients. Get feedback. Lather, rinse, repeat. They’ve painstakingly streamlined DAIO to focus on getting the basics done fast!. Build incredibly touchable, scrollable, interactive prototypes for the iPhone, iPad, desktop, & web. Start USING your existing sketches or high-fidelity designs on real phones & tablets today. Invite team members to collaborate on your prototypes, review changes, comment on screens, and plan the future of your projects through multiple iterations online. Send clients interactive demos that they can use and understand. No sign in or installs required. Get faster approvals & better feedback with less confusion.

Concert Genetics

Seed Round in 2010
Concert Genetics, Inc. is a healthcare information technology company based in Franklin, Tennessee, that specializes in simplifying and unifying genetic testing processes for various stakeholders, including hospitals, health systems, patients, and clinicians. The company offers software and analytical tools designed to streamline genetic test selection, ordering, payment, and management operations. Its services include claim-to-test matching, medical policy support, utilization management, and business intelligence reports, catering to health plans, hospitals, laboratories, and regulatory agencies. By providing a comprehensive platform, Concert Genetics helps physicians access the necessary information to efficiently order genetic tests for diagnosing over 2,000 diseases, thereby enhancing clinical outcomes. The company also offers the Concert Genetics Benefit Program, which facilitates access to clinically appropriate genetic testing while improving payment integrity and reducing administrative burdens. Founded in 2010 and originally known as NextGxDx Inc., Concert Genetics rebranded in 2017 and has established a strategic partnership with Trapelo Health.

Bizen

Seed Round in 2010
Bizen is a provider of a web-based business intelligence tool designed to assist retail and food-service franchises in enhancing their operational efficiency. The platform enables business owners to identify sales trends and evaluate key performance indicators through an intuitive dashboard. By integrating directly with point-of-sale systems, Bizen offers valuable insights that help franchise and small-business owners make informed decisions. The service also includes daily SMS summaries, which provide concise updates on essential data, ensuring that owners have a clear understanding of their business performance. Founded by Jackson Miller and incubated at the Nashville Entrepreneur Center, Bizen emerged from the founders' experiences managing their own franchise locations. With support from Jumpstart Foundry, the company aims to democratize access to advanced tools and data analytics, fostering greater success among small businesses.
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