
Hickory Ventures
301 Washington Street North West Suite 301, Huntsville, AL, 35801, United States
Overview
Hickory Venture Capital Corp. operates as an investment arm of First Tennessee Bank National Association. It does not invest in commodity-based businesses. T It seeks to make its early stage investments in healthcare services and medical devices, information technology, and telecommunications, however, other sectors can also be considered. The firm does not seek to take operating control but often takes minority stake in its portfolio companies. It prefers to exit an investment within a period of five years. Hickory Venture Capital Corp.was founded in 1985 is based in HuntsvillHickory Venture Capital Corp. operates as an investment arm of First Tennessee Bank National Association. It does not invest in commodity-based businesses. The firm specializes in recapitalization, leveraged buyouts, spin-offs, mezzanine capital, startups, early stage, late-stage, and small to medium sized companies. It seeks to make its early stage investments in healthcare services and medical devices, information technology, and telecommunications, however, other sectors can also be considered. For its later stage investments, the firm seeks to invest in technology, non-technology, basic manufacturing, and service sectors. It invests in companies based in Sunbelt including Southeast and Southwest, Mid-Atlantic, and Mid-West United States. The firm initially invests between $1 million and $3 million and seeks to invest up to $7 million over the life of an investment. It makes investments in companies having an EBITDA between $1 million and $5 million and also co-invests between $5 million and $10 million. The firm does not seek to take operating control but often takes minority stake in its portfolio companies. It prefers to exit an investment within a period of five years. Hickory Venture Capital Corp.was founded in 1985 is based in Huntsville, Alabama. e, Alabama.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Kenzen
Participated · Equity · Jun 2017
Kenzen builds a wearables platform centered on the ECHO Smart Patch, a small connected device that continuously measures vital signs via non-invasive sweat analysis and motion sensors. The patch pairs with mobile apps and proprietary algorithms to generate around-the-clock health analysis and personalized, actionable insights. The platform is intended to predict and prevent avoidable injuries and illness and to optimize performance for athletes and industrial workforces. Kenzen announced a $5 million financing to further development, support, and market positioning of the ECHO Smart Patch. Strategic investors named in the round include Digitalis, Flex, the San Francisco 49ers, Hickory Ventures, Gaingels, and the Women's Capital Connection. The company was founded in 2014 and is based in San Francisco, and has received recognition from TechCrunch, TechNavio, Fast Company, and Google for Entrepreneurs.
Team
No current team members are available.