Portfolio Companies
SaaS recruiting platform for students and recruiters seeking top talent with advanced degrees
Funded 2017 and 2019. Approximately $200k over multiple rounds
Founders: Sarah Rumbaugh, Zach Mayo
Drug discovery – Natural Therapy for Dry Eye
Funded $700k+ over multiple rounds including Series A in 2020 and a Q2 2021 Bridge Note
Founders: Mark Logan, Gordon Laurie PhD
AC direct LED lighting solution
Funded 2017 Series Seed $250k
Founder: Roger Whyte
Augmented reality (AR) platform that serves the unique needs of cultural institutions and the travel industry creating dynamic, immersive
experiences to their visitors
Funded successive rounds of Series Seed in 2018-2020 $500k+
Founders: Greg & Marion Werkheiser
Drug discovery – developing a novel microRNA therapy to treat patients
with peripheral artery disease (PAD)
Funded Series Seed in Q3 2019 $300k and $200k Series Seed 2 in Q1’21
Founder: Dr. Brian Annex
Autonomous underwater vehicle (UAV) not requiring a support vessel
Funded Series Seed Rounds in Q1 and Q4 2020 approx $400k
Founders Jerry Sgobbo, Bill Lebo
SaaS mentoring /Mentor management platform
Funded Q2 2020 and Q2 2021 Seed Rounds $315k+
Founder: John Failla
Specialty materials – additive that strengthens polymers and composites enabling light-weighting
Funded Series Seed Q3 2020 $250k
Founders: Haley & Kevin Keith
Patented Tornadic One-Pass technology removes contaminants from industrial wastewater.
Funded $300k Seed Round October 2020
Founders Karen Sorber & Kelly Rock
RTM VitalSigns: Medical devices which enable remote real-time sensing, monitoring and analyzing critical patient health data.
Funded $280k Seed Round November 2020
Founders Nance Dicciani, Denise Devine & Dr. Jeff Joseph
Springbok Analytics – AI-powered solutions to provide accurate, rapid and comprehensive insight and analysis of the human musculoskeletal system.
Invested $465k in December 2020 seed round
Founders: Drs Silvia Blemkuhl, Joe Hart & Craig Meyer
Babylon Micro Farms – Sustainable indoor hydroponic farming system.
Invested $585k in Dec ’20/Jan ’21 seed round for the C’ville-based business
Founders: Alexander Olesen and Graham Smith
Mobile and web platform designed to bring friends together offline.
Series Seed, $1.2M in Q1 2021
Founders: Sean Conrad and Jesse Berns
Executive Chairman – Mike Stadnisky
AI solution for remote detection of failures in home systems
Series Seed, Funded $270k+ Q2 2021
Founders: Dan Simpkins, Chuck Gritton
Woman-founded app to help find cheaper alternatives to beauty/skincare products (“dupes”), launching their own line of skincare products
Series Seed, Funded $600k+ Q2 2021
Founder: Meg Pryde
Microplate reader, a fraction of the price and size of competitors, that helps scientists perform lab experiments.
Series Seed, $500k in Q2 2021
Founders: Erik Hewlett, Jason Papuan and Kevin Seitter
CAV Angels Investments
Empowering innovation with quality location data
Acquired by Digital Envoy – rebranded to Outlogic
Funded H1 2020 Approximately $800k of Bridge round to Series B
Founder: Josh Anton
Organic bio- pesticide to treat high value crops and control mold
Funded in 2019. Approximately $100k in pre-seed investment.
Founders: Bryan Berger, Evan Eckersley
Knit, f/k/a Purpics, AdTech – Helping brands engage GenZ consumers 10x more effectively
Series Pre-Seed and Seed
Approximately $100k 2018/19
Founders: Victor Layne, Aneesh Dhawan
Series Pre-Seed and Seed Approximately $100k 2018/19
Founders: Victor Layne, Aneesh Dhawan
SaaS security platform that secures digital assets and reduces digital risk
Funded in H1 2016.
Approximately $50K
Founders: Jim Zuffoletti, Otavio Freire
Building unique fluorescent labels to enable high resolution biology at the single cell level
Funded Series Seed in 2019 approximately $200k
Monetized 12/20
Duke spin-out with UVA PhD CEO Mike Stadnisky
MedTech – developing Adam, a long-lasting, reversible male contraceptive using hydrogel technology
Funded $50k+ pre-Series A bridge
Founder: Kevin Eisenfrats
Fin/InsurTech – Saas-based insurance underwriting platform leveraging data science, AI and machine learning
Funded 2018 Series Seed approximately $100k
Founders: Paul Ford,
Glen Hibler & Bryan Simms
Brings Molecular Rotational Resonance spectroscopy to commercial applications.
Funded $215k in Series B Extension Round in August 2020
Co-Founders:
Dave McDaniel & Justin Neil
Flaire: Social Media platform that enables informed decisions from a network of trusted sources
Funded $65k Seed Round November 2020
Founder: Julia Carter
O’MY Foods – Delicious dairy free gelato.
Invested $180k in Dec ’20/Jan ’21 seed round for this RVA-based woman owned business
Founders: Allison Monette and Julie Bishop
DataClassroom – STEM app graphing tool to enable key learning for middle/high school students globally.
Invested $60k in a pre-seed round Q1’21
Co-founders Aaron Reedy – C’ville, VA & Dan Temple – Copenhagen, Denmark