Magarac Venture Partners is a venture capital firm located in Pittsburgh, Pennsylvania, established in 2021. The firm focuses on investing in early-stage companies, particularly in the sectors of robotics, software, and medical devices, with an emphasis on the Midwest region. Founded by Mike Stubler, Jay Katarincic, Zach Malone, and Will Allen, Magarac Venture Partners aims to empower innovative founders by providing them with the necessary capital and resources to drive their ventures forward and influence the future.
Founded in 2021 to provide a better solution to the need for more effective tracking of clinical tools and instruments during minimally invasive procedures. As medical procedures utilize smaller incisions, demand for better visualization and navigation is increasing. FreeNav’s wireless EM solutions provide instrument manufacturers state-of-the-art technology to equip clinical users with trackable tools. FreeNav is based in the Twin Cities of Minneapolis-St. Paul, and ideally positioned to draw from its thriving Life Sciences and Medical Devices ecosystem and the robust local investment community.
Bloomfilter
Seed Round in 2023
Bloomfilter is a developer of an enterprise software planning application designed to assist technology leaders in managing software projects effectively. The platform enhances visibility into project progress, helping executives make informed decisions that improve outcomes. By integrating seamlessly with existing tools, Bloomfilter allows organizations to utilize their data for advanced analytics and artificial intelligence, facilitating real-time activities and fostering project success. The application aims to provide software leaders with confidence and peace of mind in their project management efforts.
MOGL
Seed Round in 2023
MOGL operates an online marketplace that connects brands with athletes for marketing opportunities, facilitating scalable advertising solutions aimed at enhancing brand awareness and profitability. The platform enables athletes to monetize their name, image, and likeness in a secure and compliant manner. MOGL's services encompass influencer campaigns, affiliate marketing, appearances, and brand ambassador programs. This creates mutually beneficial relationships, allowing athletes to explore business opportunities while contributing positively to society. The company maintains open channels for customer inquiries through phone, contact forms, and email, ensuring effective communication and support.
Netail
Seed Round in 2022
Netail is a technology company that provides digital solutions for retailers to enhance their competitive edge in the online marketplace. Its platform allows retailers to automatically identify competitors across the internet, track their product assortments, and optimize pricing in real-time. By leveraging this technology, retailers can significantly increase traffic to their online stores, boost profits, and enhance overall revenue. Netail's focus is on helping retailers attract, convert, and retain digital consumers in an increasingly competitive environment.
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