Participated · Seed · Nov 2025

Founded in 2023 and based in Leesburg, Virginia, BITE Data develops AI-powered software that replaces the manual, error-prone tasks involved in global trade compliance. The platform is designed for both import and export workflows, helping companies manage tariffs, sanctions, and other cross-border regulatory requirements with greater speed and accuracy. Led by former U.S. customs and enforcement professionals Thariq Kara and Anne Riitho, the team leverages deep regulatory expertise to build automation tools for a legacy industry under increasing geopolitical pressure. With fresh venture backing, BITE plans to expand its engineering ranks and stand up a dedicated sales organization to accelerate customer adoption. The startup has secured a total of $3 million in funding to date, consisting of a pre-seed round and a recently closed seed round.

Participated · Series A · Jun 2024

OnStation is a Cleveland, OH-based provider of a collaborative digital stationing platform tailored to the heavy highway industry. Its mobile app centralizes communication and delivers location-based project records from bid to close, with instant jobsite stationing, milepost, and LRS capabilities. Users can overlay design layers on project maps and communicate via a custom chat platform that organizes and records project events at their locations. The platform is designed to boost productivity, enhance worker safety, and improve project quality across civil engineering and roadway projects. OnStation is available on the Apple App Store and Google Play and is supported on desktop systems. The company intends to use the newly raised funds to accelerate growth, expand its customer base, and enhance its platform. OnStation is a mobile application that enables better communication, location-based documentation, and streamlined issue tracking for road construction projects. The app serves as a complementary plugin to larger road construction tech solutions and provides access to project design files and contract documents. It is currently in use in 23 states and reports its customer base grew seven-fold over the past seven months. OnStation plans to use new funding to scale nationally, hire sales professionals and additional developers, and automate the project onboarding process. Leadership credits JumpStart Cleveland for four years of mentorship and support, and the product was built by founder and CTO Jake Bailosky based on his experience at the Ohio Department of Transportation. The company intends to add functionality and grow headcount to meet anticipated demand if federal infrastructure funding increases roadway projects.

Participated · Seed · Sep 2022

Arcascope is a circadian rhythms technology company led by CEO Olivia Walch that uses signals from wearable devices to offer personalized behavioral recommendations and environmental integrations. The company’s core product is a platform currently accessible through the smartphone app Shift that provides evidence-based guidance to address circadian disruption caused by modern life. Arcascope focuses on solutions for shift workers and their employers and plans to accelerate commercial rollout of that offering. It intends to expand into new application areas as it scales. Arcascope raised $2.85M in Seed funding to support those plans. The company is based in Chantilly, VA.

Participated · Equity · Nov 2021

RegScale offers a compliance-as-code CCM platform built for CISOs at government agencies, financial institutions, high-tech enterprises, and other highly regulated organizations. The software uses APIs and AI agents, branded as RegML, to automate evidence collection, continuous monitoring, audits, and risk analysis, turning traditionally manual, checklist-driven GRC processes into real-time, automated workflows. Customers report cutting audit preparation time by 60 %, achieving FedRAMP High authorization 3–4× faster, and realizing up to 10× staff efficiency, while the company’s annual recurring revenue has tripled year-over-year. RegScale has earned industry recognition such as SC Media’s Best Compliance Solution award and Gartner leadership citations, and it serves as lead affiliate for the Cyber Risk Institute’s OSCAL initiative. The firm recently secured FedRAMP High Authorization itself in just six months—one-quarter of the typical timeline—showcasing the maturity of its platform. With fresh capital, the company plans to expand its AI roadmap, hire across R&D and sales, and move deeper into energy, utilities, and other critical-infrastructure sectors. Headquartered in Tysons Corner, Virginia, RegScale positions its platform as an operational risk “co-pilot” that lowers compliance costs while strengthening security.

Participated · Series A · Jan 2020

VEDA Data Solutions operates a platform that uses AI and machine learning to increase the accuracy of healthcare directories. The company was cofounded about five years ago by astronomer Dr. Bob Lindner and political entrepreneur Meghan Gaffney Buck. Gaffney Buck is the company’s CEO and Lindner serves as CTO. VEDA plans to use the new funding to expand its AI automation platform. Prior to this round the startup raised $2 million across two seed rounds. The $5 million Series A brings the company’s total venture capital raised to $7 million to date. VEDA Data Solutions builds a platform that keeps healthcare provider directories accurate by updating data every 24 hours and operating without a dashboard. The company was founded by Meghan Gaffney Buck and astrophysicist/CTO Bob Lindner. VEDA is seeking to introduce its platform to more health systems and insurers and plans to hire following the latest funding. Financially, the startup closed a $1 million seed round led by New Dominion Angels; this follows an earlier $1 million seed round in the fall also led by New Dominion Angels. Participating investors in the latest round included Riverbend Capital and Vidinovo. Buck has said that inaccurate directory data is a pervasive problem that collectively costs insurers $3 billion.