North Coast Ventures
5875 Landerbrook Drive, Suite 220, Mayfield Heights, OH, 44124, United States
Overview
North Coast Ventures (formerly North Coast Angel Fund) is comprised of four contributed capital funds with a focus on early-stage technology investments. Our membership consists of a number of Ohio's leading investors, entrepreneurs, and business leaders who are dedicated to accelerating early-stage ventures. North Coast Ventures members play an active role by generating deal flow, serving on due diligence teams, working with portfolio companies, or serving on the Investment Screening and Executive Committees. Through this involvement, our goal is to provide a supportive environment for our portfolio companies and ultimately enhance the performance of our Fund. Northeast Ohio has a long tradition of active and successful angel investing, but until recently, the success of this crucial form of funding has hinged on the efforts of a relatively small number of individual investors. As the region’s first professionally managed angel fund, North Coast Angel Fund works to improve the early-stage funding environment for both entrepreneurs and investors.
- Total investments
- 43
- Lead investments
- 10
- Investments · 12mo
- 3
- Active investors
- 6
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Healia
Participated · Series A · Jul 2026
Healia builds a benefits platform and a Total Care Option (TCO) that compares household plan options and enables employers to reimburse families' out-of-pocket costs and premiums when they enroll in a spouse's plan. The TCO prices every path for a household, manages claims, and reimburses copays, coinsurance, deductibles, or premiums in a matter of hours. Employers using Healia have provided $33 million in additional coverage since the company's 2021 founding, and Healia says enrolled households can save up to $26,000 a year while employers can lower spend up to 76% per enrolled household. The company emphasizes operations and technology to deliver decision support and claims management. Healia plans to expand its teams in sales, engineering, and operations and to invest further in the AI and technology behind the TCO.
- FinOpsly
Participated · Seed · Feb 2026
FinOpsly is a Cincinnati-based startup building an artificial-intelligence automation platform focused on ‘value-control,’ a framework that lets customers visualize, understand and reduce their cloud, data and AI expenditures. The software ingests usage data and applies AI to identify inefficiencies, automate policy enforcement and streamline financial operations. Founded by two former FIS executives and led by CEO Kiran Jain, the company has positioned itself as a 2024 Cincy Inno ‘Startup to Watch.’ Management has set 2026 goals that include tripling revenue, indicating a growth-oriented roadmap supported by the recent capital infusion. Although specific current revenue or user figures were not disclosed, the team is doubling down on brand messaging to accelerate customer acquisition. FinOpsly targets enterprises wrestling with escalating cloud and AI infrastructure costs, offering them tangible savings and improved governance. The firm’s Midwest roots and focus on operational efficiency resonate with a growing market for cost-control solutions in cloud computing.
- Cycle Labs
Participated · Series B · Dec 2025
Cycle Labs builds the Cycle® Continuous Test Automation Platform, a purpose-built solution that automates testing across intertwined software stacks and physical supply-chain processes. The platform is designed for manufacturers, 3PLs, distributors, and retailers that need to adopt new technologies quickly while minimizing operational risk. By replacing slow, manual testing with automated workflows, Cycle Labs helps customers implement system updates and operational changes with greater speed and confidence. The company positions itself as the only vendor focused specifically on supply-chain test automation. With fresh capital, management plans to accelerate product and AI innovation, broaden global reach, and deepen strategic partnerships. Although no revenue or user metrics were disclosed, the new funding underscores continued investor confidence in the firm's growth trajectory.
- 1Logtech
Led · Seed · Apr 2025
1Logtech offers a no-code integration platform as a service (iPaaS) designed to simplify connectivity across transportation and logistics systems. The platform enables logistics professionals to connect TMSs, ERPs, WMSs, 3PLs, carriers, and shippers using EDI or APIs while providing advanced workflow and business intelligence capabilities, including real-time compliance notifications for carriers. The company is positioning an AI-powered iPaaS enhancement to increase automation and productivity. 1Logtech plans to use the new funding to support product development, expand its team, and accelerate go-to-market efforts. The company intends to deepen its presence across key logistics segments such as truckload, LTL, final mile, and 3PL/trucking-to-customer integrations. Financially, 1Logtech secured a $1.5 million seed round to fund these initiatives.
- OnStation
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.