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The Venture Codex

A-Level Capital

3400 N Charles Street, Baltimore, Maryland, 21218, United States

Overview

A-Level Capital, LLC is a student-led venture capital fund based in Baltimore, Maryland. Our firm invests in Johns Hopkins University student and young alumni founded companies. Please visit our website, alevelcapital.com to learn more and/or apply for start-up funding.

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
3

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
Visit website

Investment portfolio

  • Prenome

    Participated · Equity · Sep 2021

    Prenome is developing a saliva-based genetic test combined with a behavioral app to predict and manage gestational diabetes. The company combines a genetic risk score with a social-determinants risk score (factors like prior trauma, disposable income, and proximity to grocery stores) and claims roughly 90% prediction accuracy versus an 80% baseline. Co-founders Stevie Cline and Sarah Brozio launched the startup to provide less invasive, actionable women’s health insights and have begun recruiting patients for their OneInSeven clinical study. Prenome has filed patents on its test and methodology and plans to publish research from the OneInSeven study. The startup is working to obtain CLIA certification to allow physician-ordered testing and ultimately intends to pursue FDA approval to enable direct-to-consumer availability. To date the company has attracted $1 million worth of investor interest from several named backers.

  • Proscia

    Participated · Seed · Jul 2016

    Proscia provides an enterprise pathology platform, Concentriq, plus a precision medicine AI portfolio and real-world data to accelerate development and use of therapies and diagnostics. The company’s products are used daily by pharmaceutical companies and a global network of diagnostic laboratories. Proscia holds FDA 510(k) clearance and CE‑IVDR certification for its diagnostic software. Led by CEO David West, the company focuses on enabling AI to advance precision medicine and tackle diseases such as cancer. Proscia recently raised $50M, bringing its total funding to $130M, and intends to use the proceeds to grow its customer footprint and advance Concentriq’s AI capabilities. Proscia develops a digital pathology software platform and AI applications that automate tasks such as quality control and tumor identification. Its open platform enables partners, customers, and developers to build and deploy disease-specific AI tools, and the company works with cloud providers like AWS and Azure to scale enterprise deployments. The platform is used by 14 of the top 20 pharmaceutical companies to leverage pathology image data for drug discovery and development. Proscia recently received FDA clearance for its software, which allows it to expand into the U.S. diagnostic market. The company raised a $9 million extension to its Series C, bringing the round to $46 million, and plans to use the funds to accelerate commercial growth and further develop its AI-powered applications. Proscia positions itself to address a global pathologist shortage and rising cancer rates as digital pathology adoption accelerates toward widespread use in the next 5–7 years. Proscia provides the Concentriq® platform, which combines enterprise scalability with a broad portfolio of AI applications for digital and computational pathology. Led by CEO David West and based in Philadelphia, the company serves customers including 10 of the top 20 pharmaceutical companies and the Joint Pathology Center, which selected Concentriq to digitize a tissue repository of over 55 million slides. Proscia raised $37M in a Series C to accelerate adoption of computational pathology and strengthen its market and product leadership. The company plans to use the funds to scale commercial operations and expand its sales, marketing, and support teams. Proscia also intends to grow distribution partnerships following a recent OEM agreement with Siemens Healthineers. These investments are aimed at expanding its AI-driven pathology offerings and commercial footprint. Proscia offers the Concentriq digital pathology platform combined with AI-powered applications to digitize high-resolution tissue biopsy images and unlock new insights for laboratories, health systems, and life sciences companies. The company plans to expand its AI application portfolio (building on its DermAI application), grow its data assets, and accelerate commercial expansion by ramping up global sales, marketing, and support teams. Proscia will also advance its regulatory strategy to pursue FDA clearance, building on its existing CE Mark and MDSAP certification. Since closing a Series A in 2018, Proscia has amassed customers including Johns Hopkins School of Medicine, the Joint Pathology Center, and 10 of the top 20 pharmaceutical companies. JPC selected Concentriq to digitize the world’s largest human tissue repository of over 55 million slides. The company positions its software and AI to transform pathology’s historically analog workflows into data-driven diagnostics to improve patient outcomes and accelerate biomedical research. Proscia offers a cloud-based, modular digital pathology platform used by thousands of pathologists, scientists, histotechnicians, and lab managers at more than 300 clinical and research facilities worldwide. The platform integrates with labs' existing environments and technology ecosystems to enable digital adoption, streamline image-based workflows, and open imaging and analytics revenue streams. Proscia is building AI-enabled, disease-specific modules that sit atop its platform to augment pathologists' evaluations and improve diagnostic efficiency and quality. The company plans to commercialize new clinical AI workflows targeting high-volume, high-impact cancers, with its first module, DermAI™, scheduled for release in December 2018. Proscia positions these technologies to increase access to care, reduce turnaround times and costs, and unlock data from tissue to advance cancer research and diagnosis. The company was founded by a team from Johns Hopkins and the University of Pittsburgh to improve clinical outcomes in the fight against cancer.

  • Yet Analytics

    Participated · Seed · Nov 2015

    Yet Analytics is described in the article as a data-driven company based in Baltimore and led by CEO Shelly Blake-Plock. The piece does not detail specific products but frames the company around data-driven work and includes an interview referencing work with the U.S. Department of Defense. The company closed $1 million in new funding in early 2017. That raise brought Yet Analytics' total disclosed funding to $2.3 million following a seed round in November 2015. The article does not report revenue, user metrics, or specific product roadmaps. Yet Analytics offers a data-driven training platform for companies built on the DoD-developed xAPI standard. Its Yet Core standardizes job-training data from multiple sources to support integration with wearables, beacons, augmented reality and IoT. The company says the standardized data will gain value as those technologies develop. Yet has won recognition including Nielsen’s Data Visionary Award at TechCrunch Disrupt and a local pitch-win at Beta City. CEO Shelly Blake-Plock said the new capital will support hiring and execution. The company operates out of the Emerging Technology Centers’ Eastern Campus on 33rd Street in Baltimore.

Team

  • Corey Li

    Founding Partner, Co-Founder

  • Demilade Obayomi

    Co-Founder & Investor

    LinkedIn
  • Ron Schmelzer

    Investor / Investment Committee Member

    LinkedIn