
Long Island Angel Network
55 Mineola Boulevard, Mineola, NY, 11501, United States
Overview
Based in New York, Long Island Angel Network invests in technology- and innovation-focused early-stage and emerging growth companies.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- Neuvotion
Participated · Equity · Apr 2023
Neuvotion develops NeuStim™, a technology that combines highly targeted neurostimulation with artificial intelligence to accelerate rehabilitation and make physical and occupational therapy more effective. The company focuses on facilitating and restoring movement for patients impaired by stroke, traumatic injury, and other conditions. Neuvotion plans a multi-site clinical study to begin this year and intends to complete clinical studies using the new funding. Management says it will use the funds to expand its team and pursue FDA clearance for its initial product. Founded by Chad Bouton and based in Darien, CT, Neuvotion is in the early-stage clinical and regulatory phase. The company recently raised additional capital that brings its total funding to $2.75M. Neuvotion is an early-stage medical device company focused on facilitating and restoring movement for patients impaired by stroke, traumatic injury, and other conditions. Its core product, NeuStim™, combines highly targeted neurostimulation and artificial intelligence to make physical and occupational therapy more effective and efficient. The company is led by founder and CEO Chad Bouton and is based in Darien, CT. Neuvotion has received an exclusive worldwide license from Northwell Health for its technology. It raised over $1M in seed funding to advance development and clinical validation, and plans to use the proceeds to expand its team, conduct a multi-site clinical study next year, and pursue FDA clearance for its initial product.
- eGifter
Participated · Equity · May 2015
eGifter provides an e-gifting platform and consumer-facing mobile website and app that sells more than 225 brands of eGift cards and leverages integrations with social networks. The company was founded in 2011 and is led by CEO Tyler Roye. eGifter is Huntington, NY–based. It raised $3.5M in funding to accelerate growth. The company intends to use the proceeds to add members to its R&D, sales and marketing teams. Backers on the round included follow-on investments from the Long Island Angel Network (LIAN), BDS Capital, Angel Dough Ventures, 94Bits and several angel investors. eGifter provides a hosted social and group gifting platform that can be integrated into retailers’ websites, fan pages and mobile apps, and operates a consumer-facing marketplace on iOS, Android and the web. The platform enables consumers to buy eGift cards from more than 150 major brands and send them with animated eGreeting cards, personalized messages and video. More than a dozen major retailers adopted the solution since its launch in June. The company closed a $1.7M BB angel financing round and has raised nearly $3M in 2013. eGifter intends to use the funds to expand its social gifting platform, is hiring, and aims to raise another round of financing in 2014. GroupGifting.com develops eGifter, a social gifting service that lets consumers purchase eGift cards from major brands and invite Facebook friends to contribute to a group gift. The service is available on Apple iOS, Android and the web. eGifter partners with more than 200 brands and the company has also been described as supporting purchases from over 100 major brands. The company was co-founded in 2011 by Tyler Roye (CEO), Eric Manno (COO), Mark Manno (CFO) and David Levinsky (CTO) and is based in Melville, NY. GroupGifting.com closed an initial angel financing round of undisclosed size led by Bob Brill, and the company is hiring. Early backers named include Andrew Hazen from AngelDough as well as investors Barry Rubenstein, Steve Winick and David Calone.
Team
David Rose
Founder