The Launch Place

The Launch Place is an entrepreneurship development organization established in 2005 and based in Danville, Virginia. Its primary mission is to assist in the planning, funding, launching, and growth of companies within the IT, software, advanced manufacturing, and medical device sectors. The organization offers a range of services, including business consulting, office space, and subsidies for residential and office rentals. Additionally, The Launch Place manages two investment funds to provide financial support to emerging businesses. By focusing on sectors such as nanotechnology, green technology, and alternative energy, it aims to foster innovation and economic growth in the region.

Eva Doss

CEO and President

15 past transactions

Revibe

Seed Round in 2022
Revibe Technologies, Inc. develops innovative wearable devices designed to address focus and concentration challenges faced by individuals in various settings, including classrooms and workplaces. The company's flagship product, the Revibe Anti-Distraction Wristwear, utilizes smart vibration technology and proprietary algorithms to provide reminders that enhance on-task behavior. By integrating psychological principles with advanced technology, Revibe aims to support both children and adults in overcoming everyday obstacles, ultimately fostering improved learning and productivity. Founded in 2015 and based in Wake Forest, North Carolina, Revibe Technologies was previously known as FokusLabs Behavioral Solutions, Inc.

Pattern Health

Series A in 2022
Pattern Health Technologies, Inc., established in 2012 and headquartered in Durham, North Carolina, specializes in a digital health platform. This platform empowers researchers and clinicians to develop and validate digital health programs efficiently. It facilitates data collection and analysis from diverse sources, and offers a marketplace for these digital health programs. Pattern Health's platform integrates behavioral science and data-driven personalization to enhance user engagement and adherence, collaborating with stakeholders throughout the digital health lifecycle, from concept to impact.

Keepsake Tales

Seed Round in 2021
Keepsake Tales is a digital publishing startup specializing in children's literature, with a focus on personalization and diversity in storytelling. The company offers personalized storybooks that utilize facial mapping technology to transform children's photographs into cartoon illustrations that reflect the narrative's artistic style. This innovative approach not only enhances the reading experience but also aims to broaden the selection of stories available to young readers, allowing them to see themselves represented in the literature they engage with. Keepsake Tales is committed to enriching children's literary offerings through unique and personalized storytelling.

OrbitalRx

Venture Round in 2021
OrbitalRx, Inc. is a healthcare technology company that specializes in developing an integrated platform for managing drug shortages in hospital pharmacies. Founded in 2017 and headquartered in Clemmons, North Carolina, with additional locations in Winston-Salem and Raleigh, OrbitalRx's solution combines drug information, clinical evidence, and comparative efficacy with a hospital's drug inventory, purchase history, and utilization data. This comprehensive platform empowers hospital providers, pharmacists, and pharmacy technicians to proactively address drug shortages by visualizing and optimizing their workflows and data management processes. By facilitating the integration of various pharmacy automation systems, OrbitalRx enables healthcare professionals to effectively monitor and control their operations from a single interface, enhancing their ability to navigate the challenges posed by medication shortages.

Pattern Health

Venture Round in 2021
Pattern Health Technologies, Inc., established in 2012 and headquartered in Durham, North Carolina, specializes in a digital health platform. This platform empowers researchers and clinicians to develop and validate digital health programs efficiently. It facilitates data collection and analysis from diverse sources, and offers a marketplace for these digital health programs. Pattern Health's platform integrates behavioral science and data-driven personalization to enhance user engagement and adherence, collaborating with stakeholders throughout the digital health lifecycle, from concept to impact.

Aperiomics

Series A in 2020
Aperiomics is a biotechnology company based in Sterling, Virginia, specializing in pathogen detection services across animal screening, agricultural testing, and human diagnostics industries. Founded in 2013, the company uses advanced genomics and informatics technologies to detect viral, bacterial, fungal, and parasitic pathogens through a single test. Aperiomics employs sequencing technologies and Bayesian statistics to analyze blood, tissue, and stool samples sent by customers. The company's unique approach, supported by the National Science Foundation, involves Deep Shotgun Metagenomic Sequencing and a comprehensive database of over 37,000 microbes. This enables medical professionals to identify infections that other tests may miss, leading to more accurate diagnoses and improved clinical outcomes for patients who have often been ill for extended periods without a clear cause.

BioAesthetics

Series A in 2020
BioAesthetics LLC, founded in 2015 as a spin-out from Tulane University, is dedicated to improving reconstruction options for breast cancer patients post-mastectomy. The company specializes in developing tissue-engineered nipple-areolar complex (NAC) grafts, which are designed to be used during the breast reconstruction phase. These off-the-shelf, acellular NAC grafts serve as a framework for the patient's own cells to regenerate their nipple and areola, providing a more natural outcome. The company is based in New Orleans, Louisiana.

KinergyCare

Seed Round in 2020
KinergyCare, LLC is a technology-enabled health care services company based in McLean, Virginia. It specializes in community-based care coaching and coordination services aimed at improving patient outcomes and satisfaction. The company offers a comprehensive chronic care management solution for health systems and physician practices through its MyKinergy platform, which facilitates and guides the care process. By integrating health workers with advanced technology, KinergyCare enhances the support provided to patients and their families, ultimately aiming to lower healthcare costs while enriching the lives of those receiving care.

Panaceutics Nutrition

Series A in 2020
Panaceutics Nutrition is a company that specializes in the formulation, manufacturing, and distribution of customized nutritional products. Founded in 2018 by Edison Hudson and Staton Noel, it is based in Ringgold, Virginia. The company employs proprietary robotic technology to create individually tailored smoothies and nutritional supplements, which can be based on genetic and medical evaluations, as well as personal preferences. Panaceutics Nutrition focuses on mass customization, offering solutions that combine various nutritional supplements into convenient, easy-to-consume forms such as flavored gels and purees. By serving healthcare systems, pharmaceutical companies, and nutritional product manufacturers, the company aims to provide accessible and personalized nutrition to meet diverse consumer needs.

Revibe

Venture Round in 2020
Revibe Technologies, Inc. develops innovative wearable devices designed to address focus and concentration challenges faced by individuals in various settings, including classrooms and workplaces. The company's flagship product, the Revibe Anti-Distraction Wristwear, utilizes smart vibration technology and proprietary algorithms to provide reminders that enhance on-task behavior. By integrating psychological principles with advanced technology, Revibe aims to support both children and adults in overcoming everyday obstacles, ultimately fostering improved learning and productivity. Founded in 2015 and based in Wake Forest, North Carolina, Revibe Technologies was previously known as FokusLabs Behavioral Solutions, Inc.

Roobrik

Venture Round in 2018
Roobrik, Inc. is a company that specializes in providing online assessment and decision-making tools aimed at assisting older adults and their caregivers in navigating health and care choices. Founded in 2013 and headquartered in Greensboro, North Carolina, Roobrik focuses on promoting informed decision-making by offering resources that address critical aspects of later-life care, including driving safety, home safety, and managing conditions like dementia. By simplifying the decision-making process, Roobrik enables families to enhance health and wellness outcomes while potentially reducing costs associated with long-term care.

VitalFlo

Pre Seed Round in 2018
VitalFlo Inc. is a digital health company based in Raleigh, North Carolina, founded in 2017. It specializes in manufacturing handheld spirometers that allow asthmatic patients to monitor their lung health and medication usage. The company also develops software that connects patients with chronic respiratory diseases to their healthcare providers, enhancing communication and care. VitalFlo's remote monitoring system tracks lung function and air quality, identifying potential triggers for asthma attacks. By analyzing this data, the company delivers actionable insights to clinical teams, enabling them to offer timely recommendations and improve patient management. This innovative approach aims to keep asthma patients out of emergency rooms and redefine the standard of care in asthma management.

Vital Plan

Venture Round in 2018
Vital Plan, Inc. is a company that specializes in producing natural supplements aimed at addressing a wide range of health conditions, including cardiovascular health, digestive issues, immune support, and stress management, among others. Founded in 2008 and headquartered in Cary, North Carolina, the company focuses on empowering individuals to take control of their health through transparency and educational resources. Vital Plan provides guided wellness courses, health coaching, and physician-formulated supplement protocols, ensuring that consumers receive credible information and high-quality products. The company also offers a variety of supplements online, promoting a holistic approach to health and well-being.

iScribes

Venture Round in 2017
iScribes is a developer of a mobile application and wearable technology designed to assist physicians in documenting patient visits efficiently. The platform allows doctors to record patient encounters, which trained medical scribes access through a secure portal to complete necessary documentation directly in electronic medical record systems. This innovative approach enables physicians to devote more time to patient care while reducing the hours spent on administrative tasks. iScribes employs advanced security measures to ensure that its technology maintains full compliance with HIPAA regulations, prioritizing the confidentiality and privacy of patient information. By streamlining the documentation process, iScribes enhances physician productivity and ultimately aims to improve the quality of patient care.

OneFul Health

Pre Seed Round in 2015
OneFul Health is an e-pharmacy for personalized therapies, combining 3-7 prescription drugs into one small capsule or gel packet. Provide telemedicine physician network connections and home tests for biomarkers and genomic poly-scores to formulate combination treatments with reduced adverse side effects and improved adherence. Founded in 2013 as Panacea BioMatx Inc as a healthcare technology development company. It spun-off Panaceutics.com in 2021, then renamed to OneFul Health to commercialize D2C and B2B personlized pharmaceutical products. Owns accredited pharmacy facilities as its regulatory platform in nine states.
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