JumpStart Inc., Northeast Ohio's non-profit venture development organization announced an investment commitment of $250,000 in Cuyahoga County-based Knowledge Sphere, Inc.
“We are excited to make an investment in Knowledge Sphere because we have had very positive experiences using their technology in our own due diligence process,” offered JumpStart Chief Investment Officer; Lynn-Ann Gries. “We believe that the company’s technology has significant future potential.” Gries added.
“I am pleased to have JumpStart not only as an investor, but as a business partner,” stated Knowledge Sphere Founder Ken Zinda. “This relationship provides the resources I need to transform my business from a consulting company to a high-growth, on-line service,” Zinda concluded.
About Knowledge Sphere, Inc.
Knowledge Sphere is a business intelligence software company that integrates business, competitive, and technology information in order to enhance strategic decision making in research and development projects.
About JumpStart Inc.
JumpStart (www.jumpstartinc.org) accelerates the growth of early-stage businesses and ideas into venture-ready companies by delivering vital, focused resources to entrepreneurs in Northeast Ohio. JumpStart identifies and invests in early-stage companies that have strong potential in the marketplace, solid prospects for high growth, and are likely to qualify for later-stage funding. Beyond investing, the JumpStart team provides a continuum of business development services to its client companies to help ensure their success.