MassVentures

MassVentures meets critical capital needs in the Massachusetts innovation economy, providing seed and early-stage venture funding to high growth startups as they move from concept to commercialization. The Boston-based venture firm was formed in 1978 as a quasi-public corporation by the Legislature of the Commonwealth of Massachusetts, governed by an independent Board of Directors, and managed by experienced venture capitalists. Leveraging the entrepreneurial spirit, educated workforce, and centers of innovation in Massachusetts, MassVentures has a track record of success with early-stage ventures.

Jason Allen

VP

Ellen R. Frank

Director

Renee Fry

Director

Charlie Hipwood

President and CEO

Charles C. Hipwood

President and CEO

Alan R. Morse

Director

Vinit Nijhawan

MD

Stacy Swider

VP Investments

Priya Yadav

VP Investments

293 past transactions

Radial Analytics

Venture Round in 2017
Radial Analytics was founded to address healthcare’s biggest data challenges. Our first product is a decision support solution that empowers hospital case managers and discharge planners to identify the most suitable post-acute facility for each patient. The system offers an unprecedented degree of personalization – helping hospitals to optimize quality, outcomes, and cost across the continuum of care. Radial Analytics is funded in part by the National Science Foundation, supporting the development of transformational technology to drive societal and economic impact.

Tank Utility

Grant in 2015
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

Fairmarkit

Private Placement in 2018
Fairmarkit is an intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged by innovative procurement departments across a number of industries, such as Univision, ServiceNow, and the MBTA, Fairmarkit aims to revolutionize the way organizations make purchases.

Energid Technologies

Grant in 2013
Energid Technologies provides software, products, and support to solve the most difficult robotics problems. Energid's robotics software simulates and controls kinematics and dynamics for all types of robotics applications, and their 3D machine vision software supports autonomy. Whether your challenge is in the field of medicine, agriculture, space-based systems, defense, or manufacturing, together they can solve it.

Aclarity

Seed Round in 2022
Aclarity, LLC Manufactures and markets water purification devices for homes. Its water purification devices remove pathogens, metals, and other impurities from water. Aclarity, LLC was founded in 2017 and is headquartered in the United States.

Raven360

Series A in 2015
Content Raven, Inc. develops and offers cloud based content security and analytics software. The company's software enables content distribution controlling, video and audio encryption, and user behaviour analytics. Content Raven was founded in 2011 and is headquartered in Framingham, Massachusetts.

Tomophase

Series A in 2005
Tomophase Corporation, an opto-medical device company, develops minimally invasive optical coherence tomography tissue imaging devices. It provides endoscopic tissue imaging systems; and investigational airway and pulmonary systems. The company was founded in 2003 and is based in Burlington, Massachusetts.

Physical Sciences

Grant in 2015
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.

Harvest Automation

Series B in 2011
Harvest was founded by a seasoned technology executive and a trio of robotics experts. The Company now comprises a diverse, commited team with expertise in sales and marketing, engineering (software, hardware, electrical, mechanical), project management, and business operations.

Pison

Grant in 2020
Pison is a human performance company optimizing cognitive and physiological capability through gesture control. It's a full-stack solution combine hardware, software, machine learning, and UX for AR industries and drones. Investors and partners include Special Forces, Air Force, Harris, First Round DRF, MIT, Draper, and NASA.

OwnerIQ

Series B in 2008
OwnerIQ provides online advertising solutions and marketing channels for brands, retailers and manufacturers.

geovue

Series A in 2001
geoVue, Inc. provides dynamic location optimization software for retailers, restaurants, and real-estate based consumer channels. The company offers capital planning suite that provides asset vitality evaluates, market ranking, and capital allocation services; and targeted marketing services, including direct mail scoring and iTARGET, a targeted marketing software. It also offers market optimization suite that provides iPLAN, a market planning platform; market optimization services, such as market blueprints, individual trade area maps, and demographic reports; and analysis decision. In addition, the company offers site selection and sales forecasting suite that offers iSITE, mapping and demographic reporting software; sales forecasting model that allocates the potential demand within the trade area; iPREDICT, a sales forecasting software; and sales forecasting services. The company was formerly known as Geonomics, Inc. and changed its name to geoVue, Inc. in August 2001. The company was founded in 1993 and is based in Woburn, Massachusetts. It has locations in Boston, Boise, San Francisco, and Chicago.

Sensitech

Venture Round in 2000
Sensitech® is a world leader in supply chain visibility. Their innovative monitoring products and services help to maintain the quality, integrity and security of their customers' valuable products at every step in their journey, all around the world. For more than 25 years, leading companies in the food, pharmaceutical, industrial, consumer goods, and other industries have relied on Sensitech to help protect their products—and their bottom lines.

Continuum Photonics

Series C in 2004
Continuum's mission is to provide optical networking equipment manufacturers with strategic subsystems that enable higher bandwidth products and associated revenue-generating services at a substantially lower cost. As a first step, Continuum Photonics is developing a radically different, operationally and economically beneficial photonic switch that will solve many of the problems associated with delivering and managing optically-transported bandwidth.

Solchroma

Grant in 2018
Solchroma Technologies is a venture-back company that builds full color, reflective digital displays for the smart cities of the future. They have developed a proprietary system of electroactive polymer actuators, configured as hydraulic pumps, that move colored ink from reservoirs behind a pixel surface into separate, viewable color filter chambers. Ambient light is selectively absorbed through layered CMY color filters and reflected back to the viewer, where greyscale is achieved by varying the amount of CMY ink in view.

Textician

Grant in 2020
Textician is commercializing a patented breakthrough in machine learning on unstructured text. Called NoNLP(tm) technology, it outperforms both Natural Language Processing (NLP) and Deep Learning in some common use cases. Initial applications are in healthcare IT, specifically ICD-10 coding as a part of RCM applications, delivered either on-premises or via the cloud. In the latter case, no raw PHI is sent to or processed in the cloud, creating a uniquely secure service.

Armored Things

Private Placement in 2018
Armored Things is a Boston-based startup building a predictive incident and emergency response platform for the Internet of Things (IoT) to keep people safe in large shared spaces like schools, stadiums, and streets. Our software solution integrates with IoT and mobile devices and data already present in these environments to quickly identify and comprehensively respond to cyber-physical threats and attacks.

CapeSym

Grant in 2012
CapeSym provides novel radiation detection solutions.

Spero Devices

Grant in 2017
Spero Devices is an artificial intelligence company specializing in computation in real-time and at the mobile power budget. They are developing an accelerator hardware platform for edge applications requiring real-time operation at the mobile power budget. They make this possible with their innovative CMOS and software technology. Now, the possibilities are limitless. Spero Devices was founded in 2015 and is headquartered in Acton, Massachusetts, United States.

Incom

Grant in 2012
Incom is a supplier of glass and polymer fused fiber optic solutions that enable innovation in the medical, scientific, display, and defense industries. Combining the most progressive components with unparalleled technology expertise, Incom empowers customers, researchers, and instrument makers with fiber optic solutions that advance product development and user experience.

Centerstone Software

Series C in 2003
Centerstone Software is focused on the development of computer aided facility management solutions for facility operations, including space management and planning, operations, and asset and lease management. Centerstone Software was acquired by Manhattan Software in November 2006. Centerstone Software was founded in 2000.

Relationship Science

Series A in 2000
Relationship Science (RelSci) is a technology solutions company that helps individuals and organizations leverage their relationships for a competitive business advantage. The RelSci platform provides deep information about over 6 million influential decision makers - who they are and who they know, what you have in common with them, and how you can gain access to them and their organizations. Our relationship mapping tool empowers you to discover new relationships, advance existing ones, and maximize every opportunity.

VisibleGains

Series C in 2007
VisibleGains Inc. develops applications that help businesses communicating with their customers. The company also provides Postwire, an application that enables users to collect and share videos, photos, Web links, and documents on private pages; and integrates with marketing automation platforms. VisibleGains Inc. was formerly known as PermissionTV, Inc. and changed its name to VisibleGains Inc. in October 2009. The company was founded in 2004 and is headquartered in Lexington, Massachusetts.

PlenOptika

Grant in 2020
PlenOptika, Inc. manufactures handheld device that provides eyeglass prescriptions. It offers QuickSee that provides accurate refractive measurements for eyes. The device facilitates optometry in rural and low-resource settings. The company was formerly known as Team Eye. PlenOptika, Inc. was incorporated in 2014 and is based in Allston, Massachusetts.

MTPV

Grant in 2016
MTPV Power Corporation is a clean energy company that focuses on innovations in Micron-gap ThermalPhotoVoltaics technology (MTPV). MTPV technology began development at MIT and Draper Laboratory before moving to the labs of MTPV Power Corporation. It was founded in 2003 and headquartered in Austin, Texas.

Curoverse

Seed Round in 2013
Curoverse, Inc. develops and operates a cloud based open source platform under the name Arvados for storing, organizing, analyzing, and sharing genomic data. Curoverse, Inc. was formerly known as Clinical Future, Inc. and changed its name to Curoverse, Inc. in December 2013. The company was incorporated in 2010 and is based in Boston, Massachusetts. As of August 3, 2017, Curoverse, Inc. operates as a subsidiary of Veritas Genetics International Ltd.

Spiro.AI

Seed Round in 2018
Spiro Technologies, Inc. develops a relationship management platform that works in the background and recommends sales teams on different actions. The company’s platform creates contacts; eliminates data entry; provides sales suggestions; delivers reports; assists in making, receiving, and transcribing calls and texts from Spiro Voice number; and assists sales teams to track and manage opportunities. It serves construction, finance, manufacturing, professional service, and technology industries. The company was incorporated in 2014 and is based in Boston, Massachusetts.

BEZ Systems

Series D in 2008
BEZ Systems, Inc provides predictive performance management (PPM) solutions for enterprises to profile application performance, compare change and growth alternatives, and forecast results for productivity and business continuity. The company's products include BEZVision, an automated management solution that enables information technology (IT) managers, and other IT professionals to deliver application and database services to the business; BEZPlus that allows DB2 UDB customers to understand, analyze, and predict the impact of infrastructure changes on service delivery, as well as facilitates customers to predict the performance of Teradata database applications; and BEZ Oracle 10g Grid Control Management Plug-In, which provides various data collection for BEZVision to build profiles of various applications/line-of-businesses. Its professional services include application assurance programs, new application certifications, application and database performance, active data warehouse performance management and capacity planning, DBMS and hardware platform justification, and data warehouse hardware upgrade. BEZ Systems, Inc serves customers in the retail, transportation, insurance, financial services, healthcare, pharmaceutical, telecommunications, government, and information services markets. The company offers its products and services in North America, South America, and Europe through its direct sales organization and indirect channel partners. BEZ Systems, Inc was founded in 1983 and is based in Boston, Massachusetts.

ThreeCore

Series A in 2001
ThreeCore, Inc. provides data, technology, and material expertise solutions. Its services include integrated supply; strategic outsourcing; outsourced procurement services, including supply chain management, purchasing, engineering procurement, and china supply chain management; and operational consulting. The company serves semiconductor and electronics, telecommunications, wireless devices, semiconductor and electronics, industrial, specialty, medical, automotive, and aerospace/defense sectors. The company was founded as Assistantbuyer, Inc. in 1999 and later changed its name to ThreeCore, Inc. in February, 2001. The company is based in Beverly, Massachusetts.

Horsepower Technologies

Series A in 2018
Horsepower Technologies Inc. manufactures rehabilitative orthotics for horses. It offers FastTrack, a product that comprises padding for protection, shock-absorption, and durability; hard shell cuff and stanchion for strength and support for the musculoskeletal structure; and SafeStop for limiting the maximum permissible extension angle of the horse’s fetlock joint. The company sells its products online. Horsepower Technologies Inc. was formerly known as HOSSO Inc. The company was incorporated in 2008 and is based in Lowell, Massachusetts.

Boston Engineering

Grant in 2015
Boston Engineering delivers innovative and timely solutions by utilizing its Total System Responsibility™ (TSR) philosophy to meet demanding market needs. Through interdisciplinary teams, best practice strategies and seamless integration with client processes, Boston Engineering offers a complete solution that is both flexible and focused.

OwnerIQ

Venture Round in 2012
OwnerIQ provides online advertising solutions and marketing channels for brands, retailers and manufacturers.

OwnerIQ

Series A in 2007
OwnerIQ provides online advertising solutions and marketing channels for brands, retailers and manufacturers.

Sprockets.com

Series A in 2000
Sprockets.com, a secure, scalable, Internet-based service that enables client, creative, production and media professionals.

BitPipe

Series C in 2004
Bitpipe.com is the enterprise IT professional's guide to information technology resources. Browse this free online library for the latest technical white papers, webcasts and product information to help you make intelligent IT product purchasing decisions.

Cambrian Innovation

Grant in 2016
Cambrian Innovation is developing a portfolio of environmental solutions that help industrial, agricultural, and government customers save money while better managing and re-using their resources. Fueled initially by a 2006 NASA grant to explore how recent advances in bioelectricity can enhance water management in space, Cambrian has developed, scaled, and validated a pipeline of solutions that can recover resources from wastewater, eliminate energy input for wastewater treatment, radically reduce the cost of nitrate nitrogen treatment, and help agricultural operations monitoring their inputs more easily and efficiently.

Atlantis Components

Series D in 2007
Atlantis has designed a software system known as the Virtual Abutment Design (VAD) system. VAD allows their technicians to design abutments with a certainty and precision previously unknown to implant dentistry. The following is an overview of the Atlantis VAD and titanium machining process. The same process is followed by their technicians for single and multiple unit cases.

Libboo

Seed Round in 2011
Libboo connects buzzers (readers who love to share and talk about books) with books they'll enjoy, to create the next digital bestseller and help talented authors get discovered. Buzzers get rewards such as free ebooks, and increase their influence by sharing great writing with their friends and followers via social media, email, and other online channels.

14bis Supply Tracking

Seed Round in 2019
14bis Supply Tracking helps aerospace and defense supply chain managers reduce the risk of unapproved parts and eliminate the high admin costs caused by the current paper-based documentation practice. We provide transparency and immutable lifecycle provenance tracking and can adapt to any industry ERP platform and tagging mechanism. Selected as Privacy/Security finalist for SXSW2018, winner of the Accenture Innovate Award for Websummit 2017 and featured startup at the Paris Air Show 2017.

Polatis

Venture Round in 2009
Polatis is a provider of optical switching technology. Founded in 2005 as the merger of leading optical technology companies from Cambridge Massachusetts and Cambridge UK, Polatis combined products, technologies and resources to create new solutions for modern fiber-based networks.

Erbi Biosystems

Grant in 2015
Erbi Biosystems is a transformative microfluidic bioprocess instrumentation company.

Battery Resourcers

Series B in 2021
Founded in 2015, based on a technology out of Professor Wang's group at WPI, Battery Resourcers, is committed to changing the dynamics for processing end of life lithium ion batteries. Currently most lithium ion batteries are landfilled. If they are recycled only the metal value from the batteries is recovered. Battery Resourcers proprietary process allows one to directly synthesize new cathode materials from spent lithium ion cells. Battery Resourcers will be able to deliver low cost cathode materials to the lithium ion battery market enabling green technologies and resulting in less landfilled material a more sustainable pathway forward.

WebCT

Venture Round in 2000
WebCT, Inc. is the world's leading provider of e-Learning solutions for higher education. WebCT began with an educator's dream for his students: a flexible, integrated environment where he could use the latest technology to foster inquiry, encourage discourse and inspire collaboration. Today, our mission is to help institutions deliver on their commitment to educational excellence with enterprise-wide learning management solutions which integrate the richest and most flexible pedagogical tools with existing campus infrastructure. In support of that mission, we have created a family of products and services that are being used to transform the educational experience of students around the world.

Kinto.Care

Grant in 2020
Kinto.Care is a provider of an online platform intended to improve communication and provide practical advice for caregivers. The company's platform features user-generated content and digital tools to improve care team collaboration, medication management and check-in data tracking, enabling the family members of a patient to coordinate care and manage medicines through a single platform.

Polatis

Venture Round in 2012
Polatis is a provider of optical switching technology. Founded in 2005 as the merger of leading optical technology companies from Cambridge Massachusetts and Cambridge UK, Polatis combined products, technologies and resources to create new solutions for modern fiber-based networks.

HMSolution Inc.

Grant in 2015
HMSolution, Inc., a water technology company, develops water treatment systems that remove arsenic and other toxic contaminants from drinking water. It offers its systems for various drinking water applications, such as community water systems, beverage companies, agricultural companies, and households relying on wells that need a point-of-entry or point-of-use system. The company was founded in 2013 and is based in Providence, Rhode Island.

Nanoview Biosciences

Grant in 2020
nanoView Diagnostics Inc. (dba NanoView Biosciences), is developing proprietary products that support research, translation and delivery of precision medicine. The Company was founded on a novel technology platform that uniquely identifies and characterizes exosomes. Our high-throughput, cost-effective analysis solutions enable life science researchers to better understand the biological role of exosomes and how to utilize them as biomarkers to provide improved insight for how diseases are diagnosed, treated and monitored.

Spectra Vision

Venture Round in 1987
The goal of the Spectra Vision Startup Accelerator Program is to embrace innovation in a structural way within our business strategy. We aim to help companies by creating and supporting venture teams that are developing new business concepts outside of our core business, within a short period of time. We are an investor with a long term strategy and interest.

Modular Genetics

Grant in 2016
Modular Genetics, Inc., a biotechnology company, designs and develops engineered microorganisms that synthesize chemicals using renewable raw materials (sugar). The company was founded in 2000 and is based in Woburn, Massachusetts.

Hourwork

Venture Round in 2020
Syrg helps hourly workplaces make operations more efficient, compliant, and human. The company develops a management application platform for employers of hourly work who seek to transform and optimize their workforce. Syrg's technologies integrate with existing HR software with enterprise-grade security, allowing businesses to reduce cost, improve compliance, and increase engagement.

NexCen Technologies

Series A in 1999
NexCen Technologies is a developer of customer relationship management technologies. The company offers software that enables billing, trouble management, network management, customer relationship management at customer contact call centers

Pendar Technologies

Grant in 2019
Pendar is a privately held company that specializes in advancing intelligent chemistry systems. It fuses innovative hardware with machine learning algorithms guided by expert knowledge of molecular spectroscopy.

Vibrint Technologies

Series A in 1995
Vibrint Technologies is a developer of software for digital news production. Vibrint Technologies develops and designs digital video servers and applications for use in broadcast and cable environments.

Onvector

Grant in 2018
Onvector develops non-chemical water treatment technologies that utilize plasma, advanced oxidation, and disinfection process (AOP) that is more robust than ozone or UV. Its Plasma Vortex technology is a plasma hydrocyclone harnessing the power of arc lightning in a controlled cyclone to destroy the most hard-to-treat contaminants in water and wastewater such as PFAS forever chemicals and other contaminants of emerging concern.

Fluidity Software

Grant in 2013
Fluidity Software enables teachers and students to easily create, solve, graph, and animate math and physics problems. Since 2005, Fluidity Software, Inc. has been researching, designing, developing, marketing, and selling state of the art education and scientific visualization systems aimed at revolutionizing the way people learn. Fluidity has achieved considerable success in acquiring funding from the federal government to pursue the research and development of its core products. This funding has come in the form of grants and contracts from the U.S. Department of Education, the National Institutes of Health (NIH), and the National Science Foundation (NSF).

Inq-ITS

Grant in 2018
Inq-ITS (www.inqits.com) are standards-aligned virtual labs for grades 5-10 science. They improve students' competency at science inquiry practices, and cut teachers' grading time by automatically scoring themselves. They want to help EVERY student learn science inquiry practices and critical thinking, and help empower EVERY educator to exceed new science standards. To be successful in the 21st Century, students need their education to go beyond rote memorization.The virtual science labs we create aim to help students to master the inquiry and critical thinking skills that will help them succeed in the classroom and beyond.

lifeIMAGE

Series A in 2009
Health systems implement the lifeIMAGE platform for medical image sharing to enable fast, secure, electronic, data exchange for clinicians and care givers. lifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere.

MachineMetrics

Seed Round in 2016
Our fully automated manufacturing analytics solution provides visualizations of real-time manufacturing production data, predictive notifications, as well as historical analytics, allowing factory workers to make faster, smarter, more confident decisions based on real-time data. We've simplified IoT for the shop floor and are empowering manufacturers with the easiest to use and simplest to integrate software on the market. MachineMetrics is driving manufacturing efficiency by more than 20% on average for our customers.

Profile Systems

Series A in 2000
Profile Systems is a developer of product information (PIM) and inventory management solutions for business-to-business e-business. It is an established leader in automated inventory replenishment and product information management software solutions. Profile Systems customers include Fortune 1000 manufacturers, distributors, and retailers such as Dana Corporation, CVS/pharmacy, Johnson Controls, Stanley Tools, Miller Electric/ITW, and Hubbell Incorporated.

GVD Corporation

Grant in 2014
GVD is an ultra-thin coating service provider specializing in vapor-deposited polymer coatings. Their solvent-free, low-temperature manufacturing process produces chemically pure polymer coatings that enhance customer products or manufacturing processes.

Applause

Series B in 2008
Applause is a crowd-sourced digital quality testing enabling companies to deliver digital experiences to their customers. Software is at the heart of how all brands engage users, and digital experiences must work flawlessly everywhere. With 300,000+ testers available on-demand around the globe, Applause provides brands with a full suite of testing and feedback capabilities. This approach drastically improves testing coverage, eliminates the limitations of offshoring and traditional QA labs, and speeds time-to-market for websites, mobile apps, IoT, and in-store experiences. Thousands of leading companies — including Ford, Fox, Google, and Dow Jones — rely on Applause as a best practice to deliver high-quality digital experiences that customers love. It was founded in 2007 and is based in Framingham, Massachusetts, United States/

AddiLat

Grant in 2015
AddiLat is an electronics process technology based company.

Kenmei

Series A in 2021
Kenmei Technologies SL provides services, such as, data intelligence with machine based decisioning; network automation; and applied science. It also provides professional services, such as, network management, technology consulting, and data science and analytics. It also offers autonomous decisions and learning, a network intelligence solution to provide automation in classification, segmentation, and resolution of network issues at different operational levels. The company was founded in 2018 and is based in Paterna, Spain.

Physical Sciences

Grant in 2020
Physical Sciences provides contract research and development services in a wide diversity of technical areas to both government and commercial users. It offers adaptive infrared imaging spectroradiometers, compact adaptive optics retinal imagers, CR-doped ZNSE crystals, GASSCAN miniature diode laser-based ambient gas sensors, hand-held line scanning laser ophthalmoscopes, hybrid LSLO/spectral domain OCT imagers, lyoflux mass flux monitors, orientation-patterned gallium arsenide frequency converter devices, pharmaceutical process analytical technology sensors, quantum cascade laser sensors, RMLD portable standoff hazardous gas detectors, sideview microplates, tracking scanning laser ophthalmoscopes, tracking optical coherence tomography imagers, multi-wavelength gas sensors, tunable diode laser gas sensors, water vapor dials, and more. Physical Sciences Inc. was founded in 1973 and is headquartered in Andover, Massachusetts.

Harvest Automation

Series C in 2013
Harvest was founded by a seasoned technology executive and a trio of robotics experts. The Company now comprises a diverse, commited team with expertise in sales and marketing, engineering (software, hardware, electrical, mechanical), project management, and business operations.

Flodesign Sonics

Grant in 2014
FloDesign Sonics is changing the separations and filtration markets through a novel acoustic technology. By leveraging breakthroughs in the use of 3D acoustic standing waves, FloDesign Sonics is able to capture, separate and purify without using physical membranes, chemicals, or centrifugation. Our proprietary technology has numerous applications in a variety of markets including life sciences, oil and gas, food and beverage and industrial processing. The first commercial application is in bioprocess separations where FloDesign Sonics is applying acoustic technology to the manufacturing of life saving bio-pharmaceuticals. For more information, contact info@fdsonics.com

Global Telemedix

Series B in 2000
Global Telemedix delivered e-Healthcare software, providing a high level of connectivity with the power to transform healthcare delivery.

Teraphase Technologies

Series A in 2001
Teraphase Technologies is a Massachusetts-based Media (Traditional) company.

Transaera

Grant in 2018
Transaera is developing a new class of affordable, energy-efficient,environmentally friendly cooling systems.

Thermeleon

Grant in 2012
Thermeleon offers a greenhouse screening system with the added capability of passively cooling and heating the greenhouse. It is a next-generation screen system with integrated thermal energy storage for horticulture. During the day, it will absorb the excess energy, which will be released at night when there is high energy demand. As a result, both the gas costs and CO2 emissions are reduced significantly.

Grapevine Logic

Pre Seed Round in 2015
Grapevine is an end-to-end influencer marketing platform that enables collaboration between advertisers and social media content creators to produce promotional content at scale. The Grapevine network includes more than 177,000 creators who generate more than 6 billion monthly views.

NewGrid

Grant in 2016
NewGrid is a software firm in the utilities industry, focused on the development and commercialization of topology optimization technologies. NewGrid’s software supports power operations and operations planning decision making including outage scheduling and coordination, seasonal contingency planning, remedial action plan and operating guide (Op. Guide) development, and congestion management. Our team is made of engineers, researchers, software developers and economists with years of experience in power systems and markets analysis and design. NewGrid’s founders are thought-leaders in the applications of topology optimization technology to power system operations. With DOE ARPA-E support, they led the first team to ever produce security-constrained topology re-configurations on large-scale RTO systems automatically, with short calculation times acceptable to system operators.

BroadVision

Series C in 1995
Since the dawn of the Web, BroadVision has been a global leader in providing organizations with the rules, tools and infrastructure for doing business on the Web. On the product and technology side, we've been an innovator and market leader in solutions designed to meet the needs of the enterprise for collaboration, personalization, agile/DIY development, content creation and management, and technology for the workplace. With BroadVision Clearvale, we're now a leader in cloud-based solutions for the virtual, mobile, social enterprise.

Labviva

Seed Round in 2019
Labviva is a digital marketplace for life science products that connects researchers with suppliers of reagents, chemicals, and instrumentation. It leverages the scientific context as the organizing principle, connecting researchers with suppliers in an intuitive user-friendly platform while making it easy for suppliers to provide and manage the content for their products. The company was founded in 2017 and is headquartered in Cambridge, Massachusetts.

InstantEye Robotics

Grant in 2021
InstantEye Robotics is a division of Physical Sciences Inc., both located in Andover Massachusetts, approximately a half-hour north of Boston. InstantEye Robotics’ tactical, unmanned aerial systems (UAS) are the systems of choice by the military, law enforcement, first responder, and commercial users around the world. Our products are characterized by their affordability, ruggedness, and ease of use. We provide full-spectrum solutions, from initial concepts through to products manufactured in our state-of-the-art production facility.
Spectra Analysis, Inc. is a leading supplier of molecular spectroscopy systems and applications for chromatography. Their current products focus on real-time connection of Infrared Spectroscopy to Gas and Liquid Chromatography. Their systems make it possible to collect a full IR spectra for each component in a separation, either as a stand-alone or in parallel with Mass Spectroscopy - fast, reliable and sensitive.

Kronos

Venture Round in 1979
Kronos provides workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Its workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. The company was founded in 1977 and is headquartered in Chelmsford, Massachusetts.

Sprockets.com

Series B in 2001
Sprockets.com, a secure, scalable, Internet-based service that enables client, creative, production and media professionals.

PermissionTV

Series B in 2005
PermissionTV provides a flexible online video platform for brand marketers and advertisers, media companies and publishers, as well as their agencies, content producers and technology providers. This platform helps organizations leverage the power of online video to achieve their marketing objectives through the creation and management of customizable experiences. PermissionTV’s online video tools help customers such as Activision, Adobe, Boston Symphony Orchestra, Harvard Business Publishing and Intercontinental Hotels capture new audiences, enhance relationships, maximize customer value and generate revenue. Competitors include [Brightcove](http://www.crunchbase.com/organization/brightcove), [Mogulus](http://www.techcrunch.com/tag/mogulus/) and [Limelight](http://www.crunchbase.com/organization/limelight).

Spiro.AI

Seed Round in 2017
Spiro Technologies, Inc. develops a relationship management platform that works in the background and recommends sales teams on different actions. The company’s platform creates contacts; eliminates data entry; provides sales suggestions; delivers reports; assists in making, receiving, and transcribing calls and texts from Spiro Voice number; and assists sales teams to track and manage opportunities. It serves construction, finance, manufacturing, professional service, and technology industries. The company was incorporated in 2014 and is based in Boston, Massachusetts.

Dynamo Micropower

Grant in 2018
Dynamo Micropower Corporation, a power products company, develops fuel-flexible gas turbines for use in small distributed generation applications for the oil and gas industry. The company’s products include PowerCore, a solution for the oil patch that performs around the clock; and Infernocore, a flameless turboheater. It also offers custom solutions for oilfield applications. The company offers its products through a network of distributors; and support services through a network of service partners. Dynamo Micropower Corporation was founded in 2011 and is based in Somerville, Massachusetts.

Loci Controls

Grant in 2013
Loci Controls, Inc. develops and commercializes an automated landfill gas collection system. The company offers Loci WellWatcher, a system of wellhead-mounted hardware and cloud-based monitoring and analytics that collects data and insights to optimize landfill gas production. It serves landfill operators and energy utility customers in the United States. The company was incorporated in 2012 and is based in Fall River, Massachusetts.

EndoVia Medical

Series C in 2000
EndoVia Medical is a developer of physician-guided robotic systems for minimally invasive surgery. It develops the Laprotek system, a robotic instrument system for minimally invasive surgeries including general surgery, urology, gynecology, and bariatric surgery, and the ViaCath system, a user interface, and instrument control platform, that allows the surgeon to manipulate catheter instruments deep inside the patient.

CytoLogix

Series B in 2001
CytoLogix is a private company that focuses on developing laboratory instrumentation for non-routine complex stains. The company develops the Artisan, a tissue staining instrument used primarily for cancer diagnosis. It claims that the instrument was the first instrument to provide true walk-away automation for both immunohistochemical and complex special stains.

INroof.solar

Grant in 2018
Imagine a world where buildings are designed not just to look better but to perform better, where beautiful premium materials incorporate sustainable technology and where a timeless look will last a lifetime. This is the world of INroof.solar. INroof.solar is dedicated to creating solar roof systems that integrate into the architecture of the home. Our solar metal roof panels are a fusion of the finest roofing materials and our patent-pending solar thermal collection system. With INroof, the roof is the solar panel giving you a streamlined look you never thought possible. An INroof system is the ideal solar energy solution for all your heating needs including solar hot water, solar space heating, radiant floor heating, and swimming pool heating. Our Nor’easter solar metal roof panels are cool weather optimized with a smooth, solar-collecting coating that allows them to shed snow easily. And if necessary heat can be pumped back through the roof to melt snow and ice. Plus our panels are compatible with geothermal heating systems. INroof panels are the finest building-integrated solar thermal collectors on the market today and are the perfect choice if you want the benefits of solar energy without the look of solar panels installed on top of your roof.

Tank Utility

Grant in 2015
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

MachineMetrics

Private Placement in 2018
Our fully automated manufacturing analytics solution provides visualizations of real-time manufacturing production data, predictive notifications, as well as historical analytics, allowing factory workers to make faster, smarter, more confident decisions based on real-time data. We've simplified IoT for the shop floor and are empowering manufacturers with the easiest to use and simplest to integrate software on the market. MachineMetrics is driving manufacturing efficiency by more than 20% on average for our customers.

MachineMetrics

Convertible Note in 2020
Our fully automated manufacturing analytics solution provides visualizations of real-time manufacturing production data, predictive notifications, as well as historical analytics, allowing factory workers to make faster, smarter, more confident decisions based on real-time data. We've simplified IoT for the shop floor and are empowering manufacturers with the easiest to use and simplest to integrate software on the market. MachineMetrics is driving manufacturing efficiency by more than 20% on average for our customers.

Jebbit

Venture Round in 2015
Jebbit has built the world’s first declared data platform. Our platform enables marketing and sales teams to create beautiful, mobile experiences aimed at capturing the most important consumer data an enterprise needs. Instead of relying on third-party data which is often highly inaccurate and incomplete, enterprise brands use Jebbit to capture consumer intentions, motivations, and preferences. Customers include travel, ecommerce, and sports brands such as Cathay Pacific Airways, LifeLock, and the New England Revolution. Jebbit was named one of the Top 25 Most Promising Companies in the World by CNBC, the Best Tech Culture in Boston 2016, and its cofounders are Forbes 30 Under 30 honorees. To learn how you can get started with a declared data strategy, visit www.jebbit.com.

lifeIMAGE

Venture Round in 2015
Health systems implement the lifeIMAGE platform for medical image sharing to enable fast, secure, electronic, data exchange for clinicians and care givers. lifeIMAGE is interoperable with the hospital EMR to provide integrated access to medical images, from anywhere. Clinicians can exchange medical images with patients and providers, anywhere.

Horsepower Technologies

Venture Round in 2017
Horsepower Technologies Inc. manufactures rehabilitative orthotics for horses. It offers FastTrack, a product that comprises padding for protection, shock-absorption, and durability; hard shell cuff and stanchion for strength and support for the musculoskeletal structure; and SafeStop for limiting the maximum permissible extension angle of the horse’s fetlock joint. The company sells its products online. Horsepower Technologies Inc. was formerly known as HOSSO Inc. The company was incorporated in 2008 and is based in Lowell, Massachusetts.

PermissionTV

Series A in 2004
PermissionTV provides a flexible online video platform for brand marketers and advertisers, media companies and publishers, as well as their agencies, content producers and technology providers. This platform helps organizations leverage the power of online video to achieve their marketing objectives through the creation and management of customizable experiences. PermissionTV’s online video tools help customers such as Activision, Adobe, Boston Symphony Orchestra, Harvard Business Publishing and Intercontinental Hotels capture new audiences, enhance relationships, maximize customer value and generate revenue. Competitors include [Brightcove](http://www.crunchbase.com/organization/brightcove), [Mogulus](http://www.techcrunch.com/tag/mogulus/) and [Limelight](http://www.crunchbase.com/organization/limelight).

BEZ Systems

Venture Round in 2008
BEZ Systems, Inc provides predictive performance management (PPM) solutions for enterprises to profile application performance, compare change and growth alternatives, and forecast results for productivity and business continuity. The company's products include BEZVision, an automated management solution that enables information technology (IT) managers, and other IT professionals to deliver application and database services to the business; BEZPlus that allows DB2 UDB customers to understand, analyze, and predict the impact of infrastructure changes on service delivery, as well as facilitates customers to predict the performance of Teradata database applications; and BEZ Oracle 10g Grid Control Management Plug-In, which provides various data collection for BEZVision to build profiles of various applications/line-of-businesses. Its professional services include application assurance programs, new application certifications, application and database performance, active data warehouse performance management and capacity planning, DBMS and hardware platform justification, and data warehouse hardware upgrade. BEZ Systems, Inc serves customers in the retail, transportation, insurance, financial services, healthcare, pharmaceutical, telecommunications, government, and information services markets. The company offers its products and services in North America, South America, and Europe through its direct sales organization and indirect channel partners. BEZ Systems, Inc was founded in 1983 and is based in Boston, Massachusetts.

Concerto Biosciences

Seed Round in 2020
Concerto Biosciences discovers and develops specific combinations of microbial ensembles. Using kChip, a patented, high-throughput platform that constructs and screens millions of defined microbial communities - Concerto creates massive data sets on how microbes function when growing in complex communities. From these data, Concerto directly discovers microbial ensembles that perform a desired task and learns design rules for ensemble engineering.