New York Ventures

New York Ventures is dedicated to encouraging innovation and fueling economic growth in communities across the State. This venture capital investment arm of Empire State Development is one of New York State's business resources and innovation investments, including the Governor's START-UP NY program, Innovation Hot Spots, the Regional Economic Development Councils, the Centers of Advanced Technology and Centers of Excellence networks, and the SUNY 2020 Initiative.

Momo Bi

Principal

Audrey Chisholm

Investment Associate

Silvia Garcia Codony

Assistant Vice President

Heidi Knoblauch

Senior Director

Karan Mehta

Senior Director

Marcia Mitchell

Director

Josh Nelson

Director

Ryoko Nozawa

Senior Director

Jennifer Tegan

Managing Director

32 past transactions

Toggle

Series A in 2023
Toggle is a company based in the United States that specializes in robotics as a service (RaaS) for the construction industry, specifically focusing on the assembly of rebar cages for reinforced concrete. The company has developed two-arm robotic platforms and proprietary jig designs that enable the construction of rebar structures directly from computer blueprints, allowing for greater precision and efficiency in construction processes. By integrating industrial robotics and automation into traditional construction methods, Toggle aims to transform the way infrastructure and buildings are created, addressing the increasing complexity of modern construction projects.

SimpliFed

Seed Round in 2022
SimpliFed is a telehealth company that provides access to virtual breastfeeding support to new and pregnant parents. It was founded in 2020 catering to new parents, who struggle with sleep deprivation, uncertainty, and complex questions about their infant’s nutrition.

Ellevest

Series B in 2022
Ellevest, Inc. is an investment management firm based in New York City, established in 2014, that focuses on providing tailored financial services specifically for women clients. The firm employs fundamental analysis and a top-down approach to manage diverse, client-focused portfolios across various global asset classes. Ellevest has developed a digital investment platform that incorporates a proprietary algorithm, taking into account factors such as women's salary peaks and financial goals to create customized investment plans. This approach aims to empower female investors by offering an engaging user experience and a thoughtful selection of investments, ensuring that their financial aspirations are prioritized and met effectively.

Yuvo Health

Seed Round in 2022
Provider of healthcare services intended to offer managed-care alternatives for community health centers. The company provides administrative and managed-care contracting services to federally qualified health centers empowering them to unlock revenue streams via value-based care, enabling health centers and patients to enjoy the benefits of value-based care without assuming risk, burning out staff, or drowning in data.

BlocPower

Venture Round in 2022
BlocPower is an energy technology startup based in Los Angeles, California, focused on developing sustainable solutions for buildings. The company provides solar power and energy efficiency products aimed at reducing energy costs for churches, schools, small businesses, non-profits, and homeowners. By leveraging data, thermodynamic models, and advanced technology, BlocPower upgrades buildings to make them healthier, greener, and smarter, while also tackling carbon emissions. The company collaborates with various stakeholders, including governments, utilities, building owners, lenders, contractors, and equipment providers, to electrify buildings and promote energy savings, particularly in financially underserved communities. Through its initiatives, BlocPower aims to contribute to the creation of environmentally friendly and healthy urban spaces.

Envisagenics

Series A in 2021
Envisagenics, Inc. is a biotechnology company headquartered in Huntington, New York, specializing in the development of RNA therapeutics. Founded in 2013, the company utilizes its proprietary SpliceCore platform to analyze RNA-seq data through advanced artificial intelligence and machine learning algorithms. This cloud-based technology aims to simplify the complexity of biomedical data, enabling researchers to identify splicing errors that contribute to genetic diseases and cancers. By accurately predicting drug targets and biomarkers, Envisagenics helps pharmaceutical companies reduce the time and costs associated with drug development. The platform is designed to accelerate the discovery of innovative therapeutic solutions and has the potential to address over 370 known human diseases caused by splicing errors. Through collaborations with biopharmaceutical partners, Envisagenics seeks to enhance the efficiency of drug-target selection and lead design, ultimately improving the therapeutic landscape for patients.

REDIST

Seed Round in 2021
A platform making it easy for real estate professionals to find and use the more than $100b in annual real estate incentives; saving time and money on deals. Our current geographic coverage is New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, Florida, Washington D.C. and Virginia. We are located at the Columbia Startup Lab, are currently in Lowenstein Sandler's VentureCrush FG as well as Shadow Ventures Incubator and have recently completed Accelerate 2020 with Bowery Capital and Silicon Valley Bank.

Ursa Space

Venture Round in 2021
Ursa Space Systems Inc. is a provider of geospatial services that specializes in aerial and space-based data products, enhancing geographic mapping and location-based information services available day and night, regardless of weather conditions. The company's imagery and information products support market and weather forecasting, agricultural yield assessment, disaster response, and military intelligence. Ursa has developed solutions such as the Global Oil Storage Monitoring, which assists hedge funds, commodities traders, banks, and oil companies in tracking oil storage worldwide. The company serves multiple sectors, including precision agriculture, business intelligence, weather, humanitarian efforts, and mapping. Founded in 2014 and headquartered in Ithaca, New York, Ursa leverages radar satellite data to provide timely reports, enabling informed decision-making in the finance and energy industries.

Ursa Space

Series B in 2021
Ursa Space Systems Inc. is a provider of geospatial services that specializes in aerial and space-based data products, enhancing geographic mapping and location-based information services available day and night, regardless of weather conditions. The company's imagery and information products support market and weather forecasting, agricultural yield assessment, disaster response, and military intelligence. Ursa has developed solutions such as the Global Oil Storage Monitoring, which assists hedge funds, commodities traders, banks, and oil companies in tracking oil storage worldwide. The company serves multiple sectors, including precision agriculture, business intelligence, weather, humanitarian efforts, and mapping. Founded in 2014 and headquartered in Ithaca, New York, Ursa leverages radar satellite data to provide timely reports, enabling informed decision-making in the finance and energy industries.
Energy Materials Corporation develops high-speed, roll-to-roll printing of purebred perovskite solar panels. The company was founded in 2010 and based in Rochester, New York.

Mymee

Venture Round in 2021
Mymee, Inc. is a digital health company based in New York that focuses on enhancing the quality of life for individuals with autoimmune diseases. Founded in 2011, Mymee has developed a software as a service health coaching platform that utilizes a mobile app and data analytics to identify non-obvious triggers for disease symptoms, including dietary and environmental factors. The platform collects and analyzes observational data from users’ daily lives, offering personalized feedback to facilitate behavioral change. Mymee's services have been clinically validated and are offered through partnerships with health plans, large self-insured employers, and directly to individuals, aiming to improve health outcomes for its users.

Conamix

Venture Round in 2020
Conamix is commercializing new low-cost high-energy materials for the global lithium ion battery market. The company’s materials are designed to drop-in to existing manufacturing infrastructure to both improve the energy density and lower the cost of lithium ion systems. Founded in 2014, the company is led by an experienced team of chemical and battery industry leaders and has intellectual property agreements with multiple leading global research institutions

TARA Biosystems

Series A in 2020
TARA Biosystems, Inc. is a biotechnology company focused on developing organ-on-a-chip technology, specifically human cardiac tissue models, to enhance drug discovery and safety assessments. Founded in 2014 and based in the United States, the company utilizes stem cell-derived cardiac tissue that mimics adult physiological conditions, enabling precise measurement of cardiac functionality. This innovative platform aims to facilitate the faster and safer development of new therapies by providing predictive in vitro models that can assess the effects of drug compounds on heart function without the need for human testing. Through its advanced technology, TARA Biosystems seeks to improve the health of patients by enabling more reliable assessments of cardiac drug efficacy and safety.

Redpin Therapeutics

Series A in 2020
Redpin Therapeutics, Inc., gene therapy company, develops a chemo genetics platform for targeted cell therapies that address intractable diseases of the nervous system. It discovers and develops an ion channel-based chemo genetics platform that enables targeted cell activation/inhibition controlled by low doses of the anti-smoking drug Varenicline. Redpin Therapeutics, Inc. was incorporated in 2017 and is headquartered in New York, New York.

Loliware

Seed Round in 2020
Loliware LLC, founded in 2015 and based in Beacon, New York, specializes in the manufacturing of biodegradable and edible disposable products, primarily focusing on cups and straws. Recognizing the environmental impact of single-use plastics, the company aims to replace traditional plastic items with innovative, hypercompostable materials derived from seaweed. Its flagship product, the world's first edible drinking cup, garnered significant attention and demand, reaching consumers and brands in over 60 countries. Loliware's offerings extend to compostable straws, designed to address the vast number of plastic straws discarded daily. The company promotes a sustainability ethos with products that are designed to break down in compost alongside food waste, thereby contributing to a decarbonized future. Through its commitment to creating environmentally friendly alternatives, Loliware seeks to make sustainability an enjoyable and engaging experience.

Ride Health

Series A in 2020
Ride Health LLC is a New York-based company that provides a software-as-a-service (SaaS) platform designed to help healthcare providers manage patient transportation to medical appointments. Founded in 2016, Ride Health partners with healthcare organizations and transportation providers to streamline the scheduling, requesting, and payment processes for rides. The platform allows care coordinators to arrange rides in advance or on-demand and offers real-time insights into transportation costs and usage. By integrating technology and data with a personalized approach, Ride Health addresses transportation challenges faced by healthcare providers and payers, ensuring that patients receive rides tailored to their individual needs. Additionally, the company has implemented a COVID-19 ride tracking program to support hospitals across the nation, further enhancing patient access and improving healthcare outcomes.

Soundmind

Seed Round in 2019
Soundmind Intelligence, Inc. is a company that offers a platform featuring conversational A.I. voice assistants specifically designed for senior care providers. These voice assistants assist caregivers with various tasks, including managing care plans, calendars, reminders, and family contacts, as well as providing access to music and curated content. Founded in 2018, Soundmind is headquartered in Brooklyn, New York, and focuses on enhancing the quality of care and communication in senior living environments.

Ursa Space

Series B in 2019
Ursa Space Systems Inc. is a provider of geospatial services that specializes in aerial and space-based data products, enhancing geographic mapping and location-based information services available day and night, regardless of weather conditions. The company's imagery and information products support market and weather forecasting, agricultural yield assessment, disaster response, and military intelligence. Ursa has developed solutions such as the Global Oil Storage Monitoring, which assists hedge funds, commodities traders, banks, and oil companies in tracking oil storage worldwide. The company serves multiple sectors, including precision agriculture, business intelligence, weather, humanitarian efforts, and mapping. Founded in 2014 and headquartered in Ithaca, New York, Ursa leverages radar satellite data to provide timely reports, enabling informed decision-making in the finance and energy industries.

SomaDetect

Seed Round in 2019
SomaDetect Inc. is an agricultural technology company based in Fredericton, Canada, that focuses on providing dairy farmers with real-time analytics of milk components. Founded in 2016, the company has developed advanced sensor technology capable of measuring critical indicators such as fat content and somatic cell counts in milk. This innovative system enables farmers to conduct automated analysis without the need for chemicals or consumables, allowing them to identify issues early, manage herd health, and optimize milk quality. By delivering detailed insights during every milking, SomaDetect supports farmers in making informed decisions that enhance production while reducing unnecessary antibiotic use and ensuring high-quality milk enters the bulk supply.

Unite Us

Series B in 2019
Unite Us is a veteran-led technology company that builds coordinated care networks connecting health and social service providers together. The company helps systems and communities efficiently deliver care and services by inter-connecting providers across communities, seamlessly integrating the social determinants of health into patient care. Providers across the continuum and community are able to externally refer and track every patient’s total health journey, while reporting on all tangible outcomes across a full range of services in a centralized, cohesive, and collaborative ecosystem. This social infrastructure helps communities move beyond legacy resource directories, and transform their ability to measure impact, improved health, and outcomes at scale.

Loliware

Seed Round in 2019
Loliware LLC, founded in 2015 and based in Beacon, New York, specializes in the manufacturing of biodegradable and edible disposable products, primarily focusing on cups and straws. Recognizing the environmental impact of single-use plastics, the company aims to replace traditional plastic items with innovative, hypercompostable materials derived from seaweed. Its flagship product, the world's first edible drinking cup, garnered significant attention and demand, reaching consumers and brands in over 60 countries. Loliware's offerings extend to compostable straws, designed to address the vast number of plastic straws discarded daily. The company promotes a sustainability ethos with products that are designed to break down in compost alongside food waste, thereby contributing to a decarbonized future. Through its commitment to creating environmentally friendly alternatives, Loliware seeks to make sustainability an enjoyable and engaging experience.

Kinvolved

Seed Round in 2018
Kinvolved, Inc. is a developer of mobile and web applications focused on enhancing communication between schools and families to improve student attendance and reduce chronic absenteeism. Their flagship application, KiNVO, facilitates messaging between educators and parents, covering topics such as attendance, behavior, grades, and school updates. The platform allows users to send messages to entire classrooms or individual parents, track attendance and communication trends, and identify students with chronic absenteeism. Kinvolved's solutions are tailored for district leaders, school principals, teachers, and parents, particularly in underserved communities across the United States. Founded in 2012 and headquartered in New York, Kinvolved aims to create more economically viable communities and promote higher graduation rates through its comprehensive communication tools and community engagement initiatives.

MouSensor

Seed Round in 2018
MouSensor, Inc. is a biotechnology company founded in 2016 and based in New York, New York. The company specializes in developing a platform to digitize the sense of smell by engineering super sniffer mice. This innovation allows for the creation of a live nose-on-a-chip capable of detecting and digitizing a wide range of odors, including fragrances used in perfumery and specific scents linked to diseases such as Parkinson's disease. As an early-stage biotech firm, MouSensor aims to advance the understanding and application of olfactory technology in various fields.

GiveGab

Series A in 2018
GiveGab is a company that offers an online fundraising and crowdfunding platform tailored for nonprofit organizations, community foundations, and educational institutions. Founded in 2011 and based in Ithaca, New York, GiveGab provides a comprehensive suite of services designed to facilitate online fundraising efforts. Its platform enhances the connection between nonprofits, volunteers, and fundraisers, allowing clients to effectively promote their programs and events while also recruiting volunteers. Through its focus on community giving and peer-to-peer fundraising, GiveGab supports organizations in their efforts to raise money and foster relationships within their communities.

Cureatr

Venture Round in 2018
Cureatr Inc. offers a mobile care coordination solution aimed at improving medication management for healthcare providers. By integrating HIPAA-secure text messaging with workflow navigation tools, Cureatr facilitates efficient communication among medical teams. The platform is accessible on Web, Android, and iPhone devices, ensuring real-time, universal access to accurate medication data for over 265 million patients. The company addresses the significant challenges of suboptimal medication management in the United States, which leads to substantial healthcare costs and mortality. With a focus on high-quality interventions provided by board-certified telepharmacists, Cureatr aims to enhance patient safety and reduce hospitalizations. Established in 2011, the company is headquartered in New York, New York.

Redpin Therapeutics

Venture Round in 2018
Redpin Therapeutics, Inc., gene therapy company, develops a chemo genetics platform for targeted cell therapies that address intractable diseases of the nervous system. It discovers and develops an ion channel-based chemo genetics platform that enables targeted cell activation/inhibition controlled by low doses of the anti-smoking drug Varenicline. Redpin Therapeutics, Inc. was incorporated in 2017 and is headquartered in New York, New York.

Token

Series A in 2018
Tokenize develops Token, a biometric-based wearable ring that can make payments, power up a computer, and part doors. The ring is integrated with MasterCard, Microsoft, Visa, HID, FitPay and the FIDO Alliance. Token uses a combination of fingerprinting (there’s a fingerprint sensor at the base of the ring) and an optical proximity sensor to ensure that a user’s credentials can’t be accessed by a third party. Using an app (available for iOS and Android), Tokenites can pair the ring and their biometric information with anything from their credit cards to their car keys.

Quentis Therapeutics

Series A in 2018
Quentis Therapeutics, Inc. is a biotechnology company founded in 2016 and headquartered in New York, New York. The company specializes in developing cancer immunotherapies that target endoplasmic reticulum (ER) stress response pathways within the tumor microenvironment. By modulating these pathways, Quentis Therapeutics aims to enhance the immune system's capacity to combat cancer, providing patients with innovative treatment options. The company's focus on addressing ER stress contributes to the development of therapeutics intended to improve outcomes for individuals suffering from various forms of cancer.

Vyv

Venture Round in 2018
Vyv, formerly known as Vital Vio, Inc., designs and manufactures advanced lighting systems branded as VioSafe, focusing on antibacterial solutions. The company produces a range of products, including under cabinet lights, replacement bulbs, and various LED fixtures specifically designed to combat germs and enhance infection control in diverse settings. Its products are utilized in commercial environments such as hospitals, veterinary clinics, laboratories, schools, and food preparation facilities, among others. Vyv aims to protect people and spaces from harmful microorganisms by integrating antimicrobial properties into its lighting solutions. Founded in 2012 and headquartered in Troy, New York, the company has established partnerships with notable organizations, including Duke University and UCLA Health, and serves various sectors, including healthcare, food processing, and commercial industries.

PostProcess

Seed Round in 2017
PostProcess Technologies Inc. specializes in automated and intelligent solutions for post-printing in additive manufacturing. Founded in 2014 and headquartered in Buffalo, New York, with an additional location in Sophia-Antipolis, France, the company addresses the challenges of support removal and surface finishing for 3D printed parts. Its offerings include a combination of proprietary software, patent-pending hardware, and specially formulated chemicals that streamline the post-printing process across various technologies such as SLA, DLP, and CLIP. PostProcess provides a range of products, including automated support removal systems, surface finishing solutions, and consumables tailored for industries such as aerospace, defense, automotive, consumer goods, dental, and medical. By enhancing efficiency and ensuring precision, PostProcess aims to eliminate bottlenecks in the additive manufacturing workflow.

ChannelEyes

Venture Round in 2016
ChannelEyes Corporation, founded in 2011 and based in Troy, New York, specializes in developing a channel acceleration platform aimed at enhancing the connection between vendors, suppliers, and their channel partners. The company's flagship product, ChannelCandy, is a mobile application designed to deliver essential information such as company news, product details, incentives, and educational resources directly to partners, thereby fostering engagement and sales enablement among agents, dealers, resellers, and retail sales teams. Additionally, ChannelEyes offers OPTYX, an innovative indirect sales workflow tool that utilizes predictive analytics and big data to optimize sales processes. Recognized for its cutting-edge technology, ChannelEyes has received accolades including being named a Cool Vendor by Gartner and recognized as one of the fastest growing companies in New York’s Capital Region.

Unite Us

Series A in 2015
Unite Us is a veteran-led technology company that builds coordinated care networks connecting health and social service providers together. The company helps systems and communities efficiently deliver care and services by inter-connecting providers across communities, seamlessly integrating the social determinants of health into patient care. Providers across the continuum and community are able to externally refer and track every patient’s total health journey, while reporting on all tangible outcomes across a full range of services in a centralized, cohesive, and collaborative ecosystem. This social infrastructure helps communities move beyond legacy resource directories, and transform their ability to measure impact, improved health, and outcomes at scale.
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