Portfolio Companies

CAV Angels Portfolio Companies

These companies are group deals that CAV Angels members have invested in via special purpose LLC’s formed specifically to enable said investment. In order to justify a group deal we typically require a minimum of $300k of cumulative investor interest.

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

These companies have benefitted from CAV Angels funding directly from CAV members. They range from cumulative pre-seed funding of typically $200k or less to more mature companies that can facilitate direct investment from individual CAV Angel members.

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

Sunny Day Fun: Employer-rewarded emergency savings program aiming to help stabilize workers’ finances and increase financial freedom.

Seed round, $125k in August 2021

Founder: Sid Pailla

CarpeDM: Members-only dating community and matchmaking service dedicated to finding professional Black women meaningful relationships.

Pre-seed round, $60K in September 2021

Founders: Naza Shelley and Sali Hama