New Dominion Angels

New Dominion Angels (NDA) is an angel investment group based in Richmond, Virginia, founded in 2019. Comprising accredited investors, NDA focuses on early-stage startups in the Mid-Atlantic region, particularly in the software as a service and internet-of-things sectors. The group aims to support companies that offer innovative and transformative solutions to significant market challenges, prioritizing investments in businesses led by motivated and trustworthy entrepreneurs. By leveraging collective resources and expertise, NDA fosters a collaborative investing environment that enhances the potential for successful outcomes.

Frank Ball

Founding Partner

Jeremy Bauman

Managing Director

Mike McGinley

Co-Founder and Managing Partner

Past deals in Virginia

RegScale

Venture Round in 2021
RegScale is a developer of compliance automation software that assists organizations in meeting multiple regulatory requirements in real-time. The company's API-centric platform automates the collection, compilation, and reporting of compliance-related data, ensuring continuous adherence to regulations while minimizing risk and costs. RegScale digitizes regulatory obligations, allowing for deployment in various environments with integrated features designed to streamline the creation of compliance artifacts. This transition from manual, static processes to a dynamic and collaborative platform enables the generation of audit-ready documentation and provides decision-makers with real-time insights into compliance and operational risks. The software includes frameworks tailored to specific industries, such as energy and financial services, enhancing its applicability across different sectors.

MarginEdge

Series B in 2021
MarginEdge Co. develops food and beverage tracking and analytics software for restaurants. It offers MarginEdge, a software solution for invoice management, recipe and product pricing, and food costs optimization. The company’s software also automates processes, connects systems; and streamlines key activities, such as inventory, cost-tracking, ordering, and recipes. MarginEdge Co. was formerly known as Invioso Co. The company was founded in 2015 and is based in Falls Church, Virginia.

Amplio.ai

Angel Round in 2021
Amplio.ai, Inc. is a technology company based in Chantilly, Virginia, that focuses on developing innovative solutions for fitness and employee well-being. The company offers the Progression Engine, a cloud-based system that converts data from fitness wearables into personalized daily training plans encompassing cardio, strength training, nutrition, and recovery. This product serves a diverse clientele, including gyms, teams, trainers, coaches, and individual athletes. In addition to fitness applications, Amplio.ai has created an analytics platform aimed at enhancing employee retention and performance. This platform utilizes biofeedback and psychometric measures to help employees identify and manage stress, ultimately reducing burnout and promoting mental health. Founded in 2019, Amplio.ai combines advancements in AI and personalized data to support both individual and organizational growth.

MarginEdge

Series A in 2020
MarginEdge Co. develops food and beverage tracking and analytics software for restaurants. It offers MarginEdge, a software solution for invoice management, recipe and product pricing, and food costs optimization. The company’s software also automates processes, connects systems; and streamlines key activities, such as inventory, cost-tracking, ordering, and recipes. MarginEdge Co. was formerly known as Invioso Co. The company was founded in 2015 and is based in Falls Church, Virginia.

MarginEdge

Seed Round in 2018
MarginEdge Co. develops food and beverage tracking and analytics software for restaurants. It offers MarginEdge, a software solution for invoice management, recipe and product pricing, and food costs optimization. The company’s software also automates processes, connects systems; and streamlines key activities, such as inventory, cost-tracking, ordering, and recipes. MarginEdge Co. was formerly known as Invioso Co. The company was founded in 2015 and is based in Falls Church, Virginia.

Groupsense

Seed Round in 2016
GroupSense is a cyber intelligence and reconnaissance services provider based in Arlington, Virginia. Founded in 2014, the company offers a range of services designed to enhance security for enterprises and individuals. Its offerings include ALLYRECON for threat eradication, BrandRecon for cyber brand protection against fraud and opposition, DARKRECON for proactive threat detection, and VIPRECON to monitor and protect executives and their networks. GroupSense focuses on delivering actionable intelligence to help organizations prepare for and respond to cyber threats, rather than merely reacting after an incident. The company emphasizes a partnership-driven approach, combining advanced technology with experienced analysts to provide high-fidelity data tailored to the specific needs of clients. GroupSense aims to protect critical assets, including cloud data and intellectual property, while ensuring the integrity of operations across various sectors.

DivvyCloud

Seed Round in 2016
DivvyCloud Corporation specializes in software solutions that enable enterprise customers to automate security, compliance, and governance in cloud and container environments. Founded in 2012 and based in Arlington, Virginia, the company focuses on protecting organizations from misconfigurations, policy violations, threats, and identity and access management risks. DivvyCloud's automated, real-time remediation capabilities help clients maintain continuous security and compliance, allowing them to fully leverage the advantages of cloud technology. The company's diverse clientele spans various sectors, including media and entertainment, financial services, public services, digital industries, health and life sciences, managed service providers, software and internet companies, as well as retail and consumer goods. In 2020, DivvyCloud became a subsidiary of Rapid7 LLC.

Blue Triangle

Venture Round in 2016
Blue Triangle provides digital teams with a connected view of their marketing, web performance, and third-party tag analytics while constantly monitoring website code for security vulnerabilities. With Blue Triangle, teams can track the experience of every web and mobile app visitor in real time and identify specific web performance, third-party tag, and purchase path issues measurably impacting revenue. This data empowers teams to improve and secure their digital experiences along the most critical areas of the customer journey. Blue Triangle is trusted by Fortune 500 companies including The Home Depot, Marriott, and Carnival Cruise Line, and was named a Gartner "Cool Vendor"​ in 2017. The company was founded in 2011 and is headquartered in Richmond, VA.

DivvyCloud

Convertible Note in 2015
DivvyCloud Corporation specializes in software solutions that enable enterprise customers to automate security, compliance, and governance in cloud and container environments. Founded in 2012 and based in Arlington, Virginia, the company focuses on protecting organizations from misconfigurations, policy violations, threats, and identity and access management risks. DivvyCloud's automated, real-time remediation capabilities help clients maintain continuous security and compliance, allowing them to fully leverage the advantages of cloud technology. The company's diverse clientele spans various sectors, including media and entertainment, financial services, public services, digital industries, health and life sciences, managed service providers, software and internet companies, as well as retail and consumer goods. In 2020, DivvyCloud became a subsidiary of Rapid7 LLC.

StreetShares

Seed Round in 2015
StreetShares, Inc. is a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Based in Reston, Virginia, the company offers a lending-as-a-service platform that enables community banks and credit unions to efficiently provide loans to small businesses. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares facilitates an accessible and streamlined lending experience, allowing financial institutions to connect with borrowers through a digital platform featuring quick underwriting processes. Founded in 2013, the company has garnered recognition for its innovative solutions in small business financing.

Blue Triangle

Venture Round in 2014
Blue Triangle provides digital teams with a connected view of their marketing, web performance, and third-party tag analytics while constantly monitoring website code for security vulnerabilities. With Blue Triangle, teams can track the experience of every web and mobile app visitor in real time and identify specific web performance, third-party tag, and purchase path issues measurably impacting revenue. This data empowers teams to improve and secure their digital experiences along the most critical areas of the customer journey. Blue Triangle is trusted by Fortune 500 companies including The Home Depot, Marriott, and Carnival Cruise Line, and was named a Gartner "Cool Vendor"​ in 2017. The company was founded in 2011 and is headquartered in Richmond, VA.

CargoSense

Seed Round in 2014
CargoSense, Inc. is a Software-as-a-Service (SaaS) company that specializes in logistics oversight solutions for supply chain networks. Founded in 2012 and based in Reston, Virginia, the company utilizes data-driven technology to provide visibility into the transportation of sensitive goods such as pharmaceuticals and food. Its suite of applications includes CARGOSENSE SUPPLY for cold chain management, CARGOSENSE FRESH for compliance with health regulations, CARGOSENSE CLINICAL for clinical trials, and CARGOSENSE CONTROL for real-time monitoring of shipments. The company also offers FridgeSense, a cloud-based analytics tool for climate control, as well as logistics beacons and custom reporting services. CargoSense’s solutions help clients in transportation, life sciences, third-party logistics, electronics, and food and beverage industries to enhance compliance, lower shipping costs, and minimize product loss by providing comprehensive insights into shipment conditions, including temperature and environmental factors.

DivvyCloud

Convertible Note in 2014
DivvyCloud Corporation specializes in software solutions that enable enterprise customers to automate security, compliance, and governance in cloud and container environments. Founded in 2012 and based in Arlington, Virginia, the company focuses on protecting organizations from misconfigurations, policy violations, threats, and identity and access management risks. DivvyCloud's automated, real-time remediation capabilities help clients maintain continuous security and compliance, allowing them to fully leverage the advantages of cloud technology. The company's diverse clientele spans various sectors, including media and entertainment, financial services, public services, digital industries, health and life sciences, managed service providers, software and internet companies, as well as retail and consumer goods. In 2020, DivvyCloud became a subsidiary of Rapid7 LLC.

loop88

Seed Round in 2014
Loop88 is an advertising and data platform focused on influencer marketing, particularly on Pinterest. It leverages social, audience, and contextual data to connect brands with targeted influencers, effectively reaching over 90% of Pinterest users. The company enables brands to create and execute custom content campaigns tailored to their marketing objectives. Loop88 offers a comprehensive online platform that supports various forms of visual content, including still photography, graphic design, stop-motion visuals, and fully animated branded content. This approach allows influential users to collaborate on campaigns and promote their brands to a vast audience, enhancing their marketing strategies and overall engagement. Notable clients include prominent brands such as P&G, The Home Depot, Ghirardelli, and Verizon.

Phthisis Diagnostics

Series A in 2012
Phthisis Diagnostics is a molecular diagnostics company focused on developing innovative products for the detection of infectious diseases. The company leverages advanced molecular technology to enhance laboratory operations, providing superior quality and ease of use while delivering significant cost savings. Its offerings include solutions for DNA extraction, molecular diagnostics, and laboratory quality control. Additionally, Phthisis Diagnostics specializes in custom manufacturing of reagents tailored for molecular-based diagnostic assays, point-of-care tests, and environmental pathogen testing, ensuring that laboratories have access to high-quality tools for accurate and efficient disease detection.

ARCSys

Seed Round in 2012
Breakthrough accounting technology that eases how firms apply SFAS 5, SFAS 114 & related disclosure requirements in the allowance for credit loss. ARCSysTM was born from a vision of Michael Umscheid's while speaking at a seminar in 2009 for financial institution executives. Discussing the exposure document released by FASB concerning Disclosures about Credit Quality and the Allowance for Credit Losses, Mike listened to attendee questions and realized that many financial institutions would struggle with the new requirements. Mike believes luck is where preparation meets opportunity and after several discussions, founded ARCSysTM along with IT expert, Dean Rodil. With a combined 45 years of experience between them, Mike and Dean bring a wealth of accounting preparation and IT management knowledge. The core team also includes software and applications developer Steven Ballagh, former accountant and auditor Dale Fago and UI/UX and web technologies expert Charles Cooper. So where does the name ARCSysTM come from? Accounting, Reporting and Calculation Systems - pulled right from what the system does. We like numbers. We know IT. We provide Innovative Solutions in a Regulated World.

Phthisis Diagnostics

Series A in 2011
Phthisis Diagnostics is a molecular diagnostics company focused on developing innovative products for the detection of infectious diseases. The company leverages advanced molecular technology to enhance laboratory operations, providing superior quality and ease of use while delivering significant cost savings. Its offerings include solutions for DNA extraction, molecular diagnostics, and laboratory quality control. Additionally, Phthisis Diagnostics specializes in custom manufacturing of reagents tailored for molecular-based diagnostic assays, point-of-care tests, and environmental pathogen testing, ensuring that laboratories have access to high-quality tools for accurate and efficient disease detection.

WorkProducts

Angel Round in 2010
WorkProducts, Inc. specializes in evidence lifecycle management solutions, primarily through its MatterSpace ELM software. This application assists organizations in managing electronically stored information (ESI) by providing tools for identification, preservation, de-duplication, indexing, collection, culling, analysis, tagging, and production of data from various custodians and sources. MatterSpace ELM promotes collaboration among stakeholders and helps monitor ESI communications, including litigation holds and interviews. The software aids companies in making informed decisions regarding litigation strategies by evaluating associated costs and risks. WorkProducts offers MatterSpace ELM in both standard enterprise and hosted editions, catering to a diverse clientele that includes companies, law firms, consultants, and litigation support teams. Additionally, the company provides technical support and training services to enhance user experience. Headquartered in Chantilly, Virginia, WorkProducts aims to streamline the eDiscovery process, reducing costs and risks through automation and effective information management.

SeniorLiving.Net

Angel Round in 2010
At SeniorLiving.Net, they assist families in finding the care option that best meets their needs. This great service is at no cost to families. With information on more than 50,000 senior living communities nationwide, they have the most powerful database on senior living communities anywhere. They screen and evaluate communities, and continuously update our database with new information. They use proprietary data, public resources and reviews from families just like yours to provide you with unbiased information.

ROI²

Seed Round in 2010
ROI² Provides . . . A suite of programs generating in-depth intelligence and analytics with interactive access available to product branding, marketing, field & sales personnel, and the agencies with which they collaborate. The breadth of intelligence tools provided by ROI² focuses on the measurements of trusted networks within integrated health systems, healthcare providers and leadership.

Mom Made Foods

Angel Round in 2009
Mom Made Foods, LLC operates as a producer and supplier of organic foods for children. Its products include organic frozen meals and snacks for children, as well as purées for babies. The company was founded in 2006 and is based in Alexandria, Virginia.

mySBX

Angel Round in 2009
mySBX, Inc. operates an online network for businesses and professionals to exchange opportunities, resources, and information. It offers mySBX Contracts Suite, a Web-based tool that enables government contractors to find qualified partners, form contract teams, and create winning bids on GWAC and IDIQ task orders from their own Web portal. The company serves small businesses, large enterprises, and individual professionals. mySBX, Inc. is headquartered in Reston, Virginia. As of December 11, 2009, mySBX, Inc. operates as a subsidiary of Deltek, Inc.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.