Northeast Ohio AI startups want to hire people, not replace them
The Cleveland startup LIFTR uses artificial intelligence (AI) to help companies model how audiences will engage with ads, saving businesses the time and money of traditional A/B testing. Although it just released its first product in January, the company has already attracted a number of significant clients, said co-founder Ted Troxell. Still, as he looks
Rodney Williams gave up a six-figure salary for start-up debt, and succeeded. Here’s how.
Rodney Williams knows a lot about the fear that goes along with becoming an entrepreneur. Six years ago, Williams left his six-figure job at Procter & Gamble to co-found a business that required racking up six figures in debt. The risk paid off. Today, LISNR — which develops software that enables devices to communicate via
MedPilot lands $1.5 million from investors
MedPilot, a Cleveland software company that uses artificial intelligence and machine learning to transform patient billing, moved to Cleveland from New York in 2018 to bring two of its founders back home, and to become part of Northeast Ohio’s growing health care technology sector. Now, it’s heading to its own next stage of growth. MedPilot
EmployStream Raises $7 Million in Series B Funding for Onboarding Software
EmployStream, the leading provider of onboarding automation to the staffing industry, announced the close of its $7 million Series B funding round led by Plymouth Growth Partners, with support from several key investors including JumpStart, Rev1 Ventures, Ohio Innovation Fund and North Coast Angel Fund. EmployStream will use the capital to expand product development, increase
OnShift Inc. buys talent acquisition software provider Avesta Systems
OnShift Inc. of Cleveland, which produces hiring, scheduling and employee engagement software used in the health care industry, has bought a Hudson company, Avesta Systems Inc., that provides talent acquisition software and services that streamline recruiting and hiring processes. The companies did not reveal financial terms of the transaction, which was announced in a news
Axuall Closes $3 Million Seed Round of Financing
Axuall, a next-generation digital network for verifying identity, credentials, and authenticity in real-time, announced today that it closed a $3 million seed financing round with leading strategic, angel, and venture capital investors. Participating in the round are JumpStart (lead), Zapis Capital Group, M25, North Coast Angel Fund, Kettledrum Ventures, and Drummond Road Capital. This round
TPA Stream Raises $1.4M Seed Round To Improve Healthcare Benefits Automation
TPA Stream, a leader in healthcare benefits automation, today announced it has closed a $1.4 million seed funding round, led by North Coast Angel Fund (NCAF). The investment will be used to strengthen sales and marketing efforts as TPA Stream moves into its next stage of growth. Additional investors include JumpStart, Plug and Play, Tamiami
JumpStart Names Lamont Mackley Chief Inclusion & Outreach Officer
Veteran Business Expert and Community Leader Selected to Drive Organization’s Strategic Diversity and Inclusion Initiatives JumpStart Inc. has announced Lamont Mackley has been promoted to its executive team as Chief Inclusion and Outreach Officer. A nine-year veteran of the organization, Mackley most recently served as the head of JumpStart’s Core City Services and Outreach program. Mackley will
JumpStart Releases Annual Economic Impact Report: $1B+ in Economic Output in 2018
$6.6B Cumulative Output from Client Companies Assisted by JumpStart and its Partners Since 2010 JumpStart Inc. has released its yearly economic impact report, tracking the outcomes of the startups and small businesses assisted by the organization and its collaborative partners — including the Ohio Third Frontier-supported Northeast Ohio Startup Network. The report prepared by Silverlode Consulting,
KeyBank Business Boost & Build Program, Powered by JumpStart, Awards $100K to Per Scholas to Help Diversify the Tech Workforce in Columbus
The KeyBank Business Boost & Build program, powered by JumpStart, has awarded $100,000 in funding to Per Scholas Inc. in Columbus through the KeyBank Center for Technology, Innovation and Inclusive Growth. Per Scholas was founded more than 20 years ago with a mission to open doors to transformative technology careers for individuals from overlooked communities.
Startup Scaleup 2019 Comes to Cleveland’s Flats East Bank on June 19
JumpStart Event Has Grown to Become Northeast Ohio’s Biggest Single-day Entrepreneurial Event of the Year, Drawing More than 1,500 Attendees On June 19, JumpStart will once again team with some of its closest partners and collaborators for Startup Scaleup—an event celebrating the growth of Northeast Ohio’s entrepreneurial ecosystem and showcasing the full array of local resources available to
JumpStart Mentoring Program Receives $1 Million Boost
Burton D. Morgan Foundation grant will allow JumpStart to broaden the reach of the Burton D. Morgan Mentoring Program. A JumpStart program that provides startups with mentoring from experienced entrepreneurs will broaden its reach through a $1 million grant from the Hudson-based Burton D. Morgan Foundation. The grant provides continuing support for JumpStart’s Burton D. Morgan Mentoring Program, which connects