JumpStart Inc. and Rev1 Ventures Announce Investment in Milo Biotechnology
Cleveland and Columbus Organizations Join Forces to Support Biotech Startup That Uses Gene Therapy to Fight Muscular Dystrophy Cleveland-based venture development organization, JumpStart Inc. and Columbus-based Rev1 Ventures, a top VC investor in the Great Lakes region, have joined together to announce their new investments in Milo Biotechnology, a startup working to reverse Muscular Dystrophy
Securus Medical Raises $10 Million In Round Led By Boston Scientific
Securus Medical Group has raised $10 million in an investment round led by Boston Scientific. The Cleveland company also announced that it has received regulatory clearance that would allow it to begin selling its first product: a temperature-monitoring device intended for use on the esophagus. The money will be used to continue product development and
One Nation: Young CEO Hopes To Disrupt Tech Sector
The Enquirer and the USA TODAY Network are hosting a ‘One Nation’ event Sept. 21 on “American Rights.” How have we exercised the rights we are guaranteed as Americans? Here is one story: Rodney Williams Resides: Downtown Cincinnati Age: 32 Occupation: Entrepreneur, CEO and co-founder of Lisnr About: As a young professional, Williams moved to Cincinnati and built a multi-million
Millennials and Parents Are Most Receptive To Personalized Bank Marketing, According To New Research from Segmint
One in two Americans who have a bank are open to receiving marketing communications and personalized advertising from their financial institutions, and that proportion increases among millennials and parents, according to newly released survey results from Segmint. Today, the global leader in active analytics and Always On℠ cross-channel marketing released the results of a survey conducted
JumpStart CEO Ray Leach Receives Richard A. Shatten Leadership Award From The Greater Cleveland Partnership
Award Honors Shatten’s Role In Cleveland’s Economic Revitalization JumpStart’s founding CEO Ray Leach was honored with the 2016 Richard A. Shatten Leadership Award at the Sept. 7 annual meeting of the Greater Cleveland Partnership (GCP). Ohio Governor John Kasich served as the meeting’s keynote speaker, praising Cleveland’s comeback and remarking on the way perceptions of
Cleveland Venture Capital Investing Millions In Cincinnati Startups
A Cleveland venture capital firm has made two big investments in Cincinnati startup companies, with several more on the way. JumpStart just closed its $20 million NEXT Fund. It has already made eight investments out of that fund, including two in Greater Cincinnati, after holding a first close of the fund a little more than
JumpStart’s NEXT Fund Invests $5 Million In 8 Ohio Companies
CLEVELAND, Ohio — JumpStart Inc., a Cleveland-based venture development organization, has announced the first eight investments from its recently closed NEXT Fund. Collectively, these Ohio companies received $5 million from the $20 million fund through a combination of equity and convertible debt. “This roster of portfolio companies represents some of the most exciting high-potential startups
More Money Coming To Cincinnati Startups
Cleveland-based venture development organization, JumpStart Inc., is looking to bring more money to Cincinnati startups. JumpStart invested a total of $1 million in two Cincinnati-based companies Lisnr and EnosiX, as part of its recently closed $20 million Next Fund. Ray Leach, CEO of JumpStart and managing partner of the for-profit fund, said the eight companies are some of the “most
Corporations Help JumpStart Raise $20 Million For-Profit Venture Fund
JumpStart just finished raising a $20 million for-profit venture capital fund — and several local corporations contributed capital. The fund already has invested in eight companies, four of which had previously received investments from JumpStart’s original nonprofit investment fund. That fund focused on Northeast Ohio, but the for-profit NEXT Fund will make investments throughout the
JumpStart’s NEXT Fund Invests $5 Million in Eight Ohio Companies
$20 Million For-Profit Fund Helps Growing Tech Startups Raise Series A Capital Cleveland-based venture development organization, JumpStart Inc. has announced the first eight investments from its recently closed NEXT Fund. Collectively, these Ohio companies received $5 million from the $20 million fund through a combination of equity and convertible debt. “This roster of portfolio companies
As LeBron James Boosts Cleveland’s Profile, More Entrepreneurs Are Moving In
With a historic NBA Championship win on the shoulders of superstar Akron native LeBron James and a successful run hosting the recent Republican National Convention under its belt, the city of Cleveland has stepped into the spotlight in a major way this past summer. But beyond the hype, there’s a tight-knit community committed to revitalizing
Crain’s Twenty In Their 20s: Peter Spaulding, 25, BoxCast
BoxCast co-founder Gordon Daily refers to Peter Spaulding as the company’s “first official employee,” since the latter was the first non-founder to agree to work for the startup in August 2013. Spaulding joined BoxCast, which produces technology that helps companies stream live events, via Venture for America, a program that matches up startups and impressive