JumpStart CEO Ray Leach Joins VentureOhio Board of Directors
Organization Works to Ensure Access to Capital for Ohio Startups and Foster Statewide Collaboration Ray Leach, CEO of Cleveland venture development organization JumpStart Inc., has been named to the board of VentureOhio, a statewide organization dedicated to ensuring adequate capital for startups and facilitating strong collaboration across Ohio. “VentureOhio’s statewide mission aligns very closely with
Heureka Software Raises $1.1M In Seed Funding
Cleveland Company Receives Investment From JumpStart and Local Angels Heureka Software announced today that it has successfully raised $1.1 million in seed funding from local angel investors and Cleveland Venture Development Organization JumpStart Inc. The company further expects to raise that figure to $1.8 million in angel funding by year’s end. To date, Heureka has raised
State Awards Up To $28M To 13 Northeast Ohio Startup Support Organizations
JumpStart-Managed Collaborative Now Focuses on Raising Matching Dollars Required to Unlock State Funds On October 27, The Ohio Third Frontier (OTF) Commission awarded up to $28.2 million to JumpStart Inc. and the 12 other members of the Northeast Ohio ESP Network—a collaborative group of entrepreneurial support organizations located throughout the 21 counties of Northeast Ohio. The awards cover three years and
StreamLink Software Adds $2.6M From JumpStart Inc. And Silicon Valley Bank To $10M Round
Cleveland SaaS Company Secures Combination of Equity Investment and Venture Debt StreamLink Software has added two new firms to its growing list of financial backers, receiving a $500,000 investment from Cleveland-based venture development organization JumpStart Inc., and $2.1 million in venture debt from Silicon Valley Bank in Santa Clara, CA. This $2.6 million raise is
JumpStart Announces Investment In ExpenseBot
Growing Company Uses Artificial Intelligence and Helpful Team to Simplify Expense Management for Companies JumpStart Inc. has announced a $250k investment in Cleveland FinTech business ExpenseBot as part of a large seed round led by Cleveland’s Drummond Road Capital and Techstars Ventures. This investment is one of the most recent from the JumpStart Evergreen Fund.
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
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
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
JumpStart Announces $250,000 Investment In Revenue Conduit
Growing Company Integrates E-commerce Stores With Digital Marketing Platforms To Help Online Retailers Convert More Site Visitors Into Customers Cleveland-based venture development organization, JumpStart Inc. has announced the first new investment from its recapitalized Evergreen Fund, committing $250k to technology startup Revenue Conduit. This growing company, headquartered in Akron, OH helps online retailers grow by
JumpStart Receives $200,000 From Burton D. Morgan Foundation To Expand Scaleup Services Program
Program Designed to Help High-Potential Small Businesses Grow and Hire More Aggressively Longtime JumpStart supporter, Burton D. Morgan Foundation has awarded the organization a new $200,000 grant to expand on its work to help scaleup businesses in Northeast Ohio. JumpStart defines a scaleup as a business that is three or more years old, employs between
JumpStart President Cathy Belk To Speak At “Conservative Thought And Sustainability” Forum In Conjunction With The Republican National Convention
CLEVELAND, OH – On Wednesday, July 20, JumpStart President Cathy Belk will speak at a forum showcasing leading conservative thinkers who focus on environmental sustainability. She will focus on how to build an economy of entrepreneurs and innovators. The event, organized by the American Sustainable Business Council (ASBC), will be held, 12:00 pm – 4:00
270 Companies Generated More Than $1.4 Billion In Economic Impact For Ohio In 2015 And Have Created 2,313 Direct Jobs
Cleveland State Report Measures Yearly Economic Impact of Companies Assisted by JumpStart and Other ESP Partners in Northeast Ohio Last year, 270 companies supported by JumpStart and its partners in the Northeast Ohio Entrepreneurial Signature Program (ESP) generated more than$1.4 billion in economic impact for the state of Ohio, according to an annual report from The Center for Economic Development at Cleveland
