Led · Seed · Oct 2023

PickNik Robotics develops MoveIt Studio, a robotics platform that enables developers and engineers to create advanced applications for robot arms. The company focuses on robots operating outside traditional manufacturing, targeting segments such as autonomous mobile robots, explosive ordnance disposal, and space cargo handling. PickNik intends to use new funding to further develop MoveIt Studio and expand its application footprint. Financially, the company raised $2M in a pre-seed round and augments that with $5M in non-dilutive SBIR contracts from NASA JSC, NASA Ames, and the U.S. Space Force. Led by CEO Dave Coleman, PickNik has tackled robotics challenges across industries including space, subsea, surgical, energy, AgTech, FoodTech, and personal robots. The company integrates with a wide range of robot brands and counts partners or customers such as Google, Amazon, Johnson & Johnson, Samsung, Hyundai, NASA, Sierra Space, and Blue Origin.

Led · Equity · May 2022

ThoroughCare offers an NCQA-accredited, multi-tenant digital care coordination platform that manages medical, behavioral, and social elements of care delivery across the healthcare continuum. The platform serves a wide range of organizations—from independent practices to accountable care organizations, health systems, and health plans—and is used by approximately 700 care delivery organizations in the U.S. ThoroughCare’s solution focuses on personalized health experiences, streamlining value-based care delivery, and identifying next best actions at critical moments. The company plans to use its recent funding to accelerate product development, strengthen strategic account management, and expand into new markets. Founded in 2013 and based in Pittsburgh, ThoroughCare emphasizes scalable, workflow-integrated solutions that aim to improve patient outcomes and operational efficiency. The company recently closed a $5 million Series A to support these initiatives. ThoroughCare is an integrated care coordination software platform that helps healthcare providers deliver value-based care through SaaS applications, analytics, and mobile apps. The company recently launched ThoroughCare Analytics to support streamlined patient engagement, integrated coordinated care, and simplified value-based reimbursement programs. It provides digital care coordination solutions to over 600 health clinics and physician practices throughout the United States. Founded in 2013 and based in Pittsburgh, ThoroughCare’s software, analytics, and mobile applications support a holistic continuum of care and help identify next-best actions. The company plans to use new capital to accelerate platform technology enhancements, expand business development into new markets, and grow customer success initiatives. Financially, ThoroughCare has secured a $3 million non-dilutive growth capital investment from Cypress Growth Capital to support these growth efforts.

Led · Equity · Nov 2018

Rehearsal is a video-based practice platform that allows users to practice selling and communication skills, receive coaching, and collaborate asynchronously on any device. Launched in 2015 by Darik Volpa and headquartered in Reno, Nevada, the company serves a diverse customer base including startups and Fortune 100 companies. The platform is used by over 100,000 people worldwide. The company completed a $2M funding round from Cypress Growth Capital. Rehearsal intends to use the funds to expand global sales and marketing efforts and to broaden and accelerate product development. Its product focuses on sales enablement and communication training across enterprise and smaller customers.

Led · Equity · Jun 2017

ChartSpan provides managed care coordination and compliance programs as a managed service provider for chronic care management in the United States. The company serves more than 100 practices and health systems. Led by CEO Jon-Michial Carter, ChartSpan operates from Greenville, South Carolina. It focuses on delivering chronic care management programs and ensuring compliance for client practices and health systems. ChartSpan plans to use newly raised capital to scale its operations nationally. No other financial details were disclosed in the articles. ChartSpan Medical Technologies provides patient compliance management and care coordination services to health systems and ambulatory practices throughout the U.S. Its patient engagement solutions aim to help providers maximize reimbursements, improve care coordination and ensure MIPS and APM compliance. The company is led by brothers Jon‑Michial Carter (CEO) and Patrick Carter (CMO). ChartSpan closed $16M in venture capital funding led by Cypress Growth Capital. It intends to use the funds to expand its presence in the Appalachian region and grow headcount. ChartSpan has created more than 200 jobs in the past 15 months and expects to create 300 additional jobs in the next 18 months; it graduated the Iron Yard’s Health Accelerator (sponsored by Mayo Clinic) in 2013 and was the #1 most downloaded medical iOS app in the U.S. from 2014–2016. ChartSpan Medical Technologies builds a patient engagement platform that lets patients request, receive, send and manage healthcare records from any doctor via smartphone, tablet or computer. The company also offers medical managed services, including chronic care management, which providers use to engage patients, ensure compliance and increase top-line revenue. In March the company added a new chronic care management module to its product suite. ChartSpan signed more than $9m in provider-based customer contracts in less than 45 days, indicating rapid commercial traction. The company plans to use the newly raised funds to support growth of operations and to hire more than 300 clinical and technology staff in the next 12 months. ChartSpan is led by CEO Jon-Michial Carter and is a graduate of The Iron Yard’s Healthcare Accelerator Program; it has raised $6m in venture funding during the past three years. ChartSpan offers an iPhone and iPad medical app that lets users receive, manage, and send health and immunization records. On a mobile device, users can import an electronic healthcare record from any source or take a picture of their record to create a digital record. ChartSpan then extracts the data and populates each user’s electronic, personal database. The company raised $1.7M in funding and intends to use the proceeds to build its engineering, distribution, and marketing teams. Led by CEO & CoFounder Jon Michial Carter, ChartSpan plans to release a Google Play (Android) version in the coming weeks. Prior financings include a $1M seed round in September 2014 and nearly $250K in pre-seed funding in August 2013. ChartSpan Medical Technologies is a Greenville, SC-based mobile app that collects and centralizes patients' electronic healthcare data. The app converts paper healthcare records to digital data without manual data entry by taking a picture or importing records from email or electronic fax. ChartSpan extracts the data and populates each user's electronic personal database. Led by CEO and cofounder Jon-Michial Carter, the company has raised more than $1M in seed funding. It intends to use the funds to build its engineering, distribution, and marketing teams. The seed round was led by investor and healthcare leader Don Byrne.

Participated · Debt Financing · Jan 2015

ThermiAesthetics develops the ThermiRF Temperature Controlled Radio Frequency Generator System, an FDA-cleared aesthetic device that uses temperature-controlled radio frequency and proprietary hand pieces for specific medical applications. Its product family includes disposable RF electrodes and cannulas as well as reusable non-invasive hand pieces. The company is led by CEO Paul Herchman and is based in Southlake, Texas. ThermiAesthetics secured $9M in financing to support its near-term plans. Management intends to use the funds to support additional FDA applications, advance a pipeline of novel temperature-controlled RF products, and expand marketing, consumer awareness, and its sales force. No revenue or user metrics were reported in the article.