TEDCO is an independent organization established in 1998 and located in Columbia, Maryland. It serves as the leading source of entrepreneurial business assistance and seed funding for the development of startup companies within Maryland's innovation economy. TEDCO focuses on early-stage companies across various sectors, including software, technology, energy equipment, life sciences, and oncology. Its mission is to foster innovation and economic growth in Maryland by supporting the growth of startups and enhancing the state's position in the entrepreneurial landscape.
Managing Director, Entrepreneur and Ecosystem Empowerment
Bill Collier
Director
Teddy Gresser
Director of Seed Funds
Jack Miner
Chief Investment Officer
Jean-Luc Park
Senior Director, Social Impact Funds
Katherine Hill Ritchie
CEO
Justin Ferguson
Program Manager, Venture Development
Past deals in Personal Health
HeMemics Biotechnologies
Venture Round in 2025
HeMemics Biotechnologies Inc. is a privately held biosensor company based in Gaithersburg, Maryland, specializing in the research and development of diagnostic test platforms for detecting bacterial and viral pathogens. The company's innovative technology utilizes an electronic chip to determine the presence or absence of pathogens from aqueous samples. HeMemics is finalizing a unique testing platform that combines near PCR-level accuracy with the cost-effectiveness of lateral-flow tests, enabling simultaneous detection of antibodies, antigens, and small molecule targets. This platform features a robust, low-cost handheld reader and a disposable biosensor capable of identifying up to 32 pathogens using patented desiccation technology. The rapid point-of-care tool delivers results in under five minutes and can be integrated wirelessly with cloud-based data analytics to monitor emerging health threats. Its applications extend beyond public health to include defense and national security sectors. HeMemics Biotechnologies was incorporated in 2009.
Nurse Lynx
Pre Seed Round in 2025
Nurse Lynx is a healthcare services provider specializing in home care and staffing. It offers a range of services, including companion care, wound care, meal preparation, medication management, and personal grooming, to enhance clients' quality of life and promote independence. The company's approach is guided by evidence-based prevention strategies and a commitment to health equity, aiming to improve patient outcomes.
PediaMetrix
Seed Round in 2023
PediaMetrix Inc. is a company focused on developing innovative digital solutions for pediatric head measurement and monitoring. Founded in 2018 by alumni from Johns Hopkins, NIH, and Oxford, the company is based in Rockville, Maryland. Its primary product, SoftSpot, is a mobile application that leverages artificial intelligence and computer vision to provide accurate measurements of infants' head shapes. This app allows parents to receive personalized repositioning instructions and enables pediatricians to access easy-to-understand data analysis, facilitating timely and effective care. By focusing on early detection and management of head shape abnormalities, PediaMetrix aims to enhance healthcare outcomes and reduce costs associated with pediatric care.
HeMemics Biotechnologies
Seed Round in 2023
HeMemics Biotechnologies Inc. is a privately held biosensor company based in Gaithersburg, Maryland, specializing in the research and development of diagnostic test platforms for detecting bacterial and viral pathogens. The company's innovative technology utilizes an electronic chip to determine the presence or absence of pathogens from aqueous samples. HeMemics is finalizing a unique testing platform that combines near PCR-level accuracy with the cost-effectiveness of lateral-flow tests, enabling simultaneous detection of antibodies, antigens, and small molecule targets. This platform features a robust, low-cost handheld reader and a disposable biosensor capable of identifying up to 32 pathogens using patented desiccation technology. The rapid point-of-care tool delivers results in under five minutes and can be integrated wirelessly with cloud-based data analytics to monitor emerging health threats. Its applications extend beyond public health to include defense and national security sectors. HeMemics Biotechnologies was incorporated in 2009.
Lasarrus
Pre Seed Round in 2022
Lasarrus is a Baltimore-based company founded in 2013 that specializes in developing wearable devices for patients with chronic obstructive pulmonary disease (COPD). The company's innovative device is designed to enhance physical therapy by facilitating telemedicine and remote monitoring. It captures physiological and range-of-motion data, allowing patients to track their health routines effectively. Lasarrus aims to provide an affordable, comfortable, and non-invasive solution that accelerates recovery for users, improving their overall health management.
Safe Check
Pre Seed Round in 2022
Safe Check is a developer of a wellness management system designed to enhance wellness outcomes globally. Its flagship product, the SafeCheck Wellness Wallet, provides users with access to essential wellness tools and technology, allowing them to gather, manage, and securely share important health information such as prescriptions, symptoms status, allergies, and vaccination details. This platform aims to address chronic wellness disparities by bridging the digital divide and offering life-saving technology to facilitate the tracking of wellness data, including temperature and COVID test results. By empowering individuals to manage their health information effectively, Safe Check supports informed decision-making for personal and community health, thereby fostering a safer environment for families and society at large.
ExPulsus
Grant in 2022
ExPulsus creates a blood pressure monitoring device for critical care patients that employs a revolutionary pressure sensing technique that is non-invasive, has a minimal risk of complications, and is a low-cost method of monitoring sick ICU patients.
PediaMetrix
Seed Round in 2021
PediaMetrix Inc. is a company focused on developing innovative digital solutions for pediatric head measurement and monitoring. Founded in 2018 by alumni from Johns Hopkins, NIH, and Oxford, the company is based in Rockville, Maryland. Its primary product, SoftSpot, is a mobile application that leverages artificial intelligence and computer vision to provide accurate measurements of infants' head shapes. This app allows parents to receive personalized repositioning instructions and enables pediatricians to access easy-to-understand data analysis, facilitating timely and effective care. By focusing on early detection and management of head shape abnormalities, PediaMetrix aims to enhance healthcare outcomes and reduce costs associated with pediatric care.
PediaMetrix
Seed Round in 2021
PediaMetrix Inc. is a company focused on developing innovative digital solutions for pediatric head measurement and monitoring. Founded in 2018 by alumni from Johns Hopkins, NIH, and Oxford, the company is based in Rockville, Maryland. Its primary product, SoftSpot, is a mobile application that leverages artificial intelligence and computer vision to provide accurate measurements of infants' head shapes. This app allows parents to receive personalized repositioning instructions and enables pediatricians to access easy-to-understand data analysis, facilitating timely and effective care. By focusing on early detection and management of head shape abnormalities, PediaMetrix aims to enhance healthcare outcomes and reduce costs associated with pediatric care.
Safe Check
Pre Seed Round in 2021
Safe Check is a developer of a wellness management system designed to enhance wellness outcomes globally. Its flagship product, the SafeCheck Wellness Wallet, provides users with access to essential wellness tools and technology, allowing them to gather, manage, and securely share important health information such as prescriptions, symptoms status, allergies, and vaccination details. This platform aims to address chronic wellness disparities by bridging the digital divide and offering life-saving technology to facilitate the tracking of wellness data, including temperature and COVID test results. By empowering individuals to manage their health information effectively, Safe Check supports informed decision-making for personal and community health, thereby fostering a safer environment for families and society at large.
Osmosis
Seed Round in 2017
Osmosis is a personalized learning platform focused on enhancing health education by providing a deeper understanding of medical concepts. The platform enables clinicians and caregivers to access a wealth of educational resources, including a comprehensive library of videos and multiple-choice questions. Driven by data and technology, Osmosis aims to improve retention and preparedness for courses and exams, making it a valuable tool for medical professionals seeking to deepen their knowledge and skills in the healthcare field. By offering tailored content that goes beyond traditional lectures, Osmosis supports effective learning for a global audience in the medical community.
BurnAlong
Angel Round in 2016
BurnAlong, Inc. is a fitness and wellness platform that provides personalized online classes and social motivation to help individuals achieve their health goals. Founded in 2016 and based in Pikesville, Maryland, the company connects users with fitness instructors through video feeds, allowing them to work out together regardless of location. The platform serves a diverse clientele, including corporate employers, municipalities, insurers, brokers, individuals, and senior citizens. By leveraging machine learning, BurnAlong tailors class recommendations to suit various preferences, ranging from high-intensity workouts to meditation. This approach not only enhances individual wellness but also helps companies foster strong workplace cultures, enhancing employee retention and attraction.
Rehabtics
Seed Round in 2013
Rehabtics is a scalable online game-based physical rehabilitation system for institutional and residential use. The system enables its patients to conduct physical therapy by playing motion-controlled video games at the convenience of their homes with automatic feedback and guidance. Rehabtics was launched in 2012 by Xiaoxu Kang and is operated from Baltimore, Maryland.
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