VisionTech Partners

VisionTech Angels, founded in 2009 and based in Indianapolis, Indiana, is an angel investment group that focuses on early-stage technology companies with innovative products and services. The firm targets high-potential businesses operating in various sectors, including life sciences, software as a service (SaaS), Internet of Things (IoT), advanced materials, supply chain, and hardware. VisionTech Angels seeks to invest between $200,000 and $1 million in companies with a pre-money valuation under $10 million. The ideal candidates are those within 12 months of reaching breakeven or that have identified their next round of financing, demonstrating progress towards key milestones. The firm aims for exits within a timeframe of three to seven years, emphasizing investments in firms with strong management teams and clear competitive advantages in large markets.

Tony Petrucciani

Managing Partner

Ben Pidgeon

Executive Director

Don Scifres

Co-Founder and General Partner

20 past transactions

Smart Apply

Seed Round in 2022
Smart Guided Systems LLC, based out of Indianapolis, IN, United States designs and develops technologies for High Value Permanent Crops including the Smart-Apply® Intelligent Spray Control System™ and the Permanent Crop Analyzer™.

Nexosome Oncology

Seed Round in 2021
Nexosome Oncology is a company dedicated to the development of exosome-based diagnostics for cancer detection. It specializes in tumor monitoring and utilizes blood-derived exosomes to evaluate responses to chemotherapy and radiation treatments. By providing advanced tumor intelligence, Nexosome Oncology aims to assist healthcare providers in effectively assessing and targeting tumors, ultimately improving patient outcomes in cancer care.

Augment Therapy

Seed Round in 2021
Augment Therapy, Inc. develops interactive augmented reality telemedicine software solution for pediatric physical therapy. The solution provides real-time and remote monitored session on physical therapy and automates data collection for therapists. Augment Therapy, Inc. was founded in 2017 and is based in Cleveland, Ohio.

Resonado

Seed Round in 2021
Resonado, Inc. specializes in audio technology, focusing on its patented Flat Core Speaker (FCS) technology, which allows for innovative product designs without sacrificing sound quality. Founded in 2017 and headquartered in South Bend, Indiana, with additional offices in San Francisco, Boston, and Anyang, South Korea, Resonado caters to a variety of industries, including automotive, consumer electronics, home theater, hospitality, and marine sectors. The company addresses the challenges posed by the trend toward product miniaturization and the increasing demand for compact audio solutions, which traditional conical speaker technologies cannot meet without compromising design or performance. By licensing its FCS technology to global manufacturers, Resonado enables the development of high-fidelity audio systems that align with modern design requirements.

OnStation

Seed Round in 2021
OnStation develops an application designed to enhance efficiency at job sites by providing immediate access to location data, project plans, and communication tools for teams. The app features an automatic station finder that allows users to quickly determine their position on the job, even in areas where survey data and project documents may be scarce. By utilizing a statewide milepost network, OnStation's technology supports smaller projects and facilitates improved connectivity among roadway workers and designers. This integration of critical job site information helps minimize worker downtime and errors, ultimately streamlining project management and fostering consistency across various tasks.

Toralgen

Seed Round in 2020
Toralgen, Inc. is a preclinical stage biopharmaceutical company based in Indianapolis, Indiana, focused on developing innovative drug delivery technologies. Established in 2017, the company specializes in a platform that enhances the functionality of oral drug administration. Toralgen's proprietary polybile nanopill delivery technology allows for the targeted delivery of active drug compounds, addressing the challenges associated with oral delivery. This approach not only simplifies the fabrication of the delivery system but also aims to improve the efficacy and safety of therapeutic agents.

Ateios

Seed Round in 2020
Ateios Inc. is a company specializing in the development of ultra-thin and customizable batteries designed for integration into flexible electronics. Founded in 2018 and based in Indianapolis, Indiana, Ateios focuses on manufacturing zinc-oxide batteries that offer 2 to 5 times higher energy density compared to conventional coin cells. Utilizing a novel manufacturing process, the company produces conformable batteries made from hyper-elastic polymer materials, which can be shaped to meet specific product requirements. This innovation enables the production of ergonomic, compact, and efficient devices for various applications, including smart textiles, soft robotics, Internet-of-Things (IoT) devices, and medical or fitness wearables.

Spintech

Angel Round in 2020
Spintech Holdings Inc. specializes in the development of shape memory polymer technologies aimed at enhancing composite manufacturing and structural repairs across various industries, including aerospace, energy, automotive, defense, and consumer markets. The company offers innovative solutions such as configurable, reusable tooling that simplifies the production of composite parts with complex geometries, thereby reducing labor and capital expenses while increasing production rates. Additionally, Spintech has created a composite patch system designed for quick and effective repairs on hard, non-porous surfaces, utilizing a combination of composite materials and industrial-strength adhesives. Established in 2010 and based in Xenia, Ohio, Spintech focuses on delivering advanced manufacturing techniques that meet the evolving demands of its diverse clientele.

MITO (Materials)

Seed Round in 2020
MITO Material Solutions, Inc. is a specialty chemical company based in Indianapolis, Indiana, with an additional office in Stillwater, Oklahoma. Founded in 2016, the company focuses on developing and manufacturing graphene-based hybrid polymer modifiers and additives that significantly enhance material performance across various industries. One of its key products, the MITO T-Series, is a nano-additive that, when mixed with epoxies or resins, can increase the toughness of composite parts by 100% while reducing the likelihood of mechanical failure by 80%. This versatility allows industries to either enhance product toughness or decrease the quantity of materials used. The T-Series is particularly beneficial for the recreational vehicle and boating sectors, where it toughens fiberglass structures, as well as for the aerospace industry, where it enables manufacturers to reduce part weight without compromising toughness, resulting in substantial cost savings. MITO Material Solutions aims to improve the durability and performance of materials in applications such as ester resins, epoxies, and thermoplastics.

Resonado

Angel Round in 2020
Resonado, Inc. specializes in audio technology, focusing on its patented Flat Core Speaker (FCS) technology, which allows for innovative product designs without sacrificing sound quality. Founded in 2017 and headquartered in South Bend, Indiana, with additional offices in San Francisco, Boston, and Anyang, South Korea, Resonado caters to a variety of industries, including automotive, consumer electronics, home theater, hospitality, and marine sectors. The company addresses the challenges posed by the trend toward product miniaturization and the increasing demand for compact audio solutions, which traditional conical speaker technologies cannot meet without compromising design or performance. By licensing its FCS technology to global manufacturers, Resonado enables the development of high-fidelity audio systems that align with modern design requirements.

Stamus Networks

Seed Round in 2020
Stamus Networks, founded in 2014 and headquartered in Paris, France, specializes in network detection and response systems designed to identify and address serious threats to critical assets. The company offers a custom network traffic analysis engine paired with an intrusion detection engine that assists security professionals in uncovering intrusions within their networks. Its platform features a purpose-built threat hunting interface that allows users to efficiently search through diverse contextual data, including network segments, user agents, and various events. By providing response-ready threat detection and insights into asset-oriented attacks, Stamus Networks empowers organizations to rapidly respond to critical threats, while also supporting third-party and custom threat intelligence.

Atlas Energy Systems

Seed Round in 2019
Atlas Energy Systems is an energy technology company commercializing the direct heat-to-energy science of Thermionics. The technology is called a thermionic energy converter and it directly converts heat to electricity with no moving parts. The company developing solid-state energy converters for waste heat power production, concentrated solar, and advanced nuclear reactors. Atlas Energy Systems pursuing a patent-pending direct energy conversion system that uses high-grade heat to boil electrons from a material via thermionic emission. These boiled-off electrons are collected across a small gap, then used to generate electricity. They using modern materials, new simulation software, and advanced manufacturing techniques to bring a 50-year-old technology into the 21st century. Atlas Energy Systems was founded in 2013 and is headquartered in Romeoville, Illinois, USA.

Toralgen

Seed Round in 2019
Toralgen, Inc. is a preclinical stage biopharmaceutical company based in Indianapolis, Indiana, focused on developing innovative drug delivery technologies. Established in 2017, the company specializes in a platform that enhances the functionality of oral drug administration. Toralgen's proprietary polybile nanopill delivery technology allows for the targeted delivery of active drug compounds, addressing the challenges associated with oral delivery. This approach not only simplifies the fabrication of the delivery system but also aims to improve the efficacy and safety of therapeutic agents.

Bolstra

Seed Round in 2018
Bolstra, LLC provides a Software-as-a-Service game-changing software solution that enables B2B companies to optimize their customer success outcomes, recurring revenue, and lifetime value. The company was formerly known as ConsulTeams, LLC and changed its name to Bolstra, LLC in July 2016. Bolstra, LLC was founded in 2014 and is based in Carmel, Indiana.

SonarMed

Series C in 2017
SonarMed, Inc. is a medical device company founded in 2005 and based in Carmel, Indiana. It specializes in the placement and monitoring of endotracheal tubes, which are essential for patients who cannot breathe independently. The company's flagship product, the SonarMed AirWave, is a non-invasive device that utilizes acoustic reflectometry technology to provide real-time monitoring of endotracheal tube position and function. This innovation allows healthcare providers to detect potentially dangerous conditions related to tube placement, ultimately enhancing patient safety and improving the quality of care. By offering a more comprehensive solution for managing breathing tubes, SonarMed aims to benefit both patients and healthcare professionals while also contributing to cost reduction in medical care.

Tenant Tracker

Seed Round in 2017
Tenant Tracker is a multi-tenant, Software-as-a-Service (SaaS) application for the commercial real estate industry. It makes it easy to track deals, manage construction status, and see detailed reports of the property. It automates many of the existing manual processes, makes accessing tenant data a snap, and provides status reports that can easily share. Tenant Tracker was founded in 2014 and is headquartered in Indianapolis, Indiana.

Boosterville

Seed Round in 2017
Boosterville Inc. is a fundraising platform that partners schools with local businesses to generate financial support for educational institutions. It offers a mobile web application that enables school supporters to discover local merchants willing to allocate funds, typically designated for credit card processing fees, towards school fundraising efforts. This innovative approach not only helps local schools raise essential funds but also brings new customers to participating businesses, enhancing their sales. Additionally, Boosterville provides a communications platform that facilitates interaction between fundraisers and merchants, allowing them to update supporters on fundraising activities and promote local businesses. Founded in 2013 and headquartered in Memphis, Tennessee, Boosterville was previously known as Sodbuster Inc. and is a subsidiary of Beyond Inc.

Realync

Seed Round in 2016
Realync Corp. is a cloud-based video platform that facilitates live virtual tours of real estate properties, connecting agents and consumers in real time. Founded in 2012 and headquartered in Carmel, Indiana, with an additional office in Chicago, the company enables users to conduct live tours and open houses using smartphones or tablets, alongside providing high-definition pre-recorded videos for prospective buyers and renters. Realync partners with prominent multifamily enterprises, enhancing lead generation and conversion rates while reducing the overall sales cycle duration. The company aims to simplify the real estate touring process by leveraging technology to foster collaboration, ultimately streamlining interactions between real estate professionals and their clients.

SmartFile

Venture Round in 2016
SmartFile is a secure file management platform designed for enterprise organizations, offering solutions that include on-premises, cloud, and open-source developer SDKs. The platform enables encrypted file storage, secure file sharing, and FTP hosting, allowing users to manage files with enhanced governance and control. Key features include multi-user access, complex file permissions, company branding, secure virtual directory links, email notifications, automation, and HIPAA-compliant activity logs. SmartFile's customizable file management services facilitate the safe exchange of files both internally and externally, with administrative tools that allow for detailed monitoring and control of access through advanced roles and analytics.

PivotCX.io

Seed Round in 2016
Improve your candidate experience, reduce recruiter workload and accelerate hiring. How Work Here Works: WorkHere’s PivotCX chat platform lets your team manage high speed, high volume SMS and web chat conversations. PivotCX integrates with native job applies, social media, and advertising to deliver an instant human-to-human experience. Best of all, PivotCX is priced based on message volume, not users, so your entire team leverage SMS today. PivotCX is an affordable team chat system that plugs into job boards, social media, applicant tracking systems, career websites. It includes powerful features like keywords, SMS blasts, and there’s no per-user cost for SMS. Employers can also use our human chat response teams, built for your recruiting needs. We handle initial engagement and screening for every interested candidate, while your team can save time by focusing only on qualified, engaged candidates.
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