Nest-TN
414 Wilson Ave, Suite 102, Tullahoma, TN, 37388, United States
Overview
NEST-TN, L.L.C. (NEST-TN) is a seed and early-stage venture capital firm started in 2009 by Fran F. Marcum, Managing Partner of Marcum Capital of Tullahoma, Tenn. In 2010, the State of Tennessee certified NEST-TN as a TNInvestco, awarding a $20 million state tax credit allocation for the purpose of investing in young Tennessee-based companies. NEST-TN has a state-wide focus on young companies specializing in advanced manufacturing and materials, energy and environmental clean technologies, and information and digital media technologies.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Energy
- Manufacturing
- Venture Capital
Investment portfolio
- NuScriptRx
Participated · Series C · Aug 2012
NuScriptRX operates a single Nashville pharmacy center that uses automated dispensing systems and proprietary eMed-StatTM and PharmComTM technologies to provide 24/7 medication access and communications to long-term care nursing facilities in eight states. The company deploys a mail-order model without the geographic limitations of traditional courier-based delivery to reduce drug waste and lower costs. Over the past 18 months it has quadrupled its revenue run-rate to over $30 million and has nearly doubled the size of its central pharmacy. NuScriptRX has created over 60 Tennessee jobs. The company recently announced a new management team led by acting CEO Donald B. Taylor and Jim Beaumariage. It plans to use new capital to build infrastructure and operational excellence to manage growth.
Team
No current team members are available.