Cleveland’s Surprising Turnaround And What It Means For New Businesses
The 1970s jingle promoting Cleveland rings truer than ever today. “Cleveland’s a great place to live ‘cuz the best things in life are here,” was only sung by locals — but now people from other places are singing Cleveland’s praises. The economy is showing signs of a turnaround. I recently spoke with fellow community member Jeff Epstein,
Segmint Restores The Personal Relationship To Banking
The days of dropping by a local neighborhood branch to do your banking are practically over. With ATMs, online banking, mobile apps, and the ability to make check deposits straight from your phone, people have little reason to physically enter a bank and speak face-to-face with a teller. As personal interactions between customers and their banks decrease,
EmployStream Raises $1 Million In Funding
Investments from JumpStart, North Coast Angel Fund and Others Will Help Cleveland SaaS Company Ramp Up Product Development and Expand Sales and Marketing Efforts EmployStream, a SaaS company that helps high-volume employers streamline their new hire onboarding process, has raised $1 million in a funding round led by JumpStart Inc. and North Coast Angel Fund (NCAF). Each organization invested $250,000 in the Cleveland-based
Female Angels Aim To Give Women Entrepreneurs A Boost
Recent headlines are full of stories discussing the male-centric “bro” culture that permeates the startup space. This issue was brought to the forefront once again at JumpStart’s third annual Startup Scaleup, which dedicated an entire workshop to the topic titled, “Battling the Bro Culture: Being a Woman in the Startup World.” This year’s Startup Scaleup
SPR Therapeutics Raises $25 Million In Series C Financing
SPR Therapeutics Inc., a medical device company in Highland Hills that has developed a neurostimulation platform for chronic and acute pain, announced on Tuesday morning, Sept. 12, that it has received $25 million in Series C financing. The round was led by Basking Ridge, N.J.-based Frontcourt Ventures and what SPR Therapeutics called “a prominent family office” that
SPR Therapeutics Names Senior Vice President Of Research And Development
SPR Therapeutics LLC, a medical device company in Highland Hills that has developed a neurostimulation platform for chronic and acute pain, has promoted Joseph Boggs, Ph.D., to senior vice president of research and development. Boggs “has led and made significant contributions to our R&D efforts, resulting in multiple patents and publications, FDA clearance of our
Downtown Cleveland Provides Growth Opportunities For Startups
Recently named one of the top 50 cities in the world for entrepreneurs by MBA Central, Cleveland is gaining attention for the amenities and offerings the city has to offer to young, growing companies. The existing entrepreneurial scene in Cleveland has been nurtured by public and private sector support as well as a vibrant, active central
Former Yelp CFO Says IPO Market Is Open
Despite the early struggles of a few newly public technology companies such as Snap Inc. and Blue Apron Holdings, former Yelp CFO Rob Krolik is bullish on the market for initial public offerings and hopes a long list of prospects will soon take the plunge. “I think the market is open for IPOs, and there
To Boost Opportunity, A Bank Focuses On A Region That’s Faced Tough Times
Workforce-oriented philanthropy is all the rage these days among leading banks, with companies like JPMorgan Chase, Citi and Bank of America rolling out ambitious grant programs. Tech firms like Google and Microsoft have also been active here. Lately, some of the heftiest corporate giving in this space has been to boost skills attainment and align
OnShift Rolls Out App To Help Long-Term Care Workers Better Manage Expenses
OnShift, a post-acute care and senior living staff scheduling software company in Cleveland, has developed a new mobile app that it says will help employees better manage their expenses. The app, called OnShift Wallet, gives employees access to wages they’ve already earned — between paychecks — for unplanned expenses. Using the app “gives long-term care and
Banyan Designs Technology For The Long Haul
When you order a product online, your work is done once you’ve checked out. You’ve placed your order, spent your money, and now it’s time to sit back and relax until it appears at your doorstep. But your purchase is only the beginning of the product’s journey from its origin to you. For most of
Neuros Medical Brings On A New CEO
Neuros Medical Inc., a nerve stimulation company that just raised $20 million and is finishing a clinical trial involving 130 patients who suffer from post-amputation pain, has a new CEO and plans for a California operation. The Willoughby-based company on Monday, Aug. 28, announced it has named Tom Wilder as president and CEO. Wilder has worked in the medical