Portfolio

Ohio TechAngel Fund I and Fund II Companies

 

The OTAF I and its Members and syndication partners have transacted investment rounds ranging from $150,000 to over $1M. Since its March 31, 2004 launch the Fund has invested in these promising Ohio ventures.

 

The OTAF II and its Members and syndication partners have transacted investment rounds ranging from $200,000 to over $1M. Since its July 30, 2007 launch the Fund has invested in these promising Ohio ventures:

 

3X Systems will offer the only data backup solution with the ease, performance, and peace of mind that small and mid-sized businesses (SMBs) expect from modern backup solutions without the high, recurring costs of an online service provider.  Further, as a dedicated, all-in-one appliance, 3X customers leverage the strong relationship between their business and IT provider, confident that their data is in the hands of a trusted partner rather than a faceless web provider.

AircraftLogs.com, is a Columbus-based aviation company, which has developed  a complete technology product suite aimed at both the owner flown and business aviation marketplace.  Founded in 2005, the company has made excellent progress in penetrating both of these markets, and is rapidly becoming a recognized industry leader.   The maintenance, flight department, expense management, financial reporting and tax solutions offered by AircraftLogs have been met with great enthusiasm in the marketplace, providing immediate growth opportunities for the company. 

AquaBlok Ltd., is a Toledo materials manufacturing company that has developed patented bentonite-based composite material technology which can address a wide range of water and chemical control applications in geotechnical, mining and environmental markets.  The product is a composite resembling small stones, which are composed of a dense aggregate core, bentonite clay or similar materials, and polymers.  AquaBlok particles expand when hydrated, creating a mass that transforms into a continuous and relatively soft body of material, which acts as an effective physical, hydraulic, and chemical barrier.

AssureRx LLC, is a Cincinnati-based company, that was founded in 2006 to license and commercialize pharmacogenetic technology from Cincinnati Children’s Hospital Medical Center and Mayo Clinic. The technology utilized in the AssureRx non-invasive, pharmacogenetic test measures, analyzes and interprets the genes of patients with common neuro-psychiatric disorders to predict which drugs are best choices for each specific patient. The test helps to take much of the guesswork out of prescribing medications. 

Brand Thunder formed in April, 2007 to leverage the power of customization within the web browser and offer companies a compelling, patent-pending solution for creating a more persistent presence with their internet consumer. Brand Thunder has branded the browser and extended its functionality for some of the most recognizable brands in sports, music and the internet. Brand Thunder specializes in building custom branded browsers for brand marketers. Give your fans an exciting new look and compelling content for their web browser, and you’ll be rewarded with incremental traffic to your site and increased revenue. These themes appeal to the brand as well as the fan, and it’s easy for both to enjoy a range of benefits.

Cambiatta LLC, based in Cincinnati, is commercializing an innovative, proprietary product for interfacing cycle computers and heart rate monitors (HRM) to personal computers. It is targeted at the 19 million time-constrained, professional adults in the U.S. who are actively involved in multi-sport fitness programs. This is a high-income, well-educated market growing segment that is highly identifiable and eager to adopt products that deliver greater results in less time.

Caster Ventures, is a Columbus based company that makes it possible for companies of all sizes to use online streaming video for solving everyday business problems. While it may seem like every business should be able to take advantage of this new technology, limited IT resources and large bandwidth requirements make it impractical for most. Their products handle the technology and "heavy lifting" behind streaming video (hosting, distribution, and bandwidth) and provide management tools so companies can quickly use its power to improve training, marketing and sales processes.

ClearSaleing Inc., based in Dublin, OH,  is addressing the limitations of currently available systems and leveraging the enormous potential of Pay-Per-Click (PPC) advertising by creating an end-to-end trading and sales system for Internet advertisers. The Clear Saleing system delivers sales effectiveness, ad-spend optimization, enhanced profitability, and lower costs by allowing advertisers to effectively plan, execute, measure, and optimize PPC advertising throughout the sales cycle and across campaigns and search engines.

CleveX Inc., is an early stage medical device company that is developing and marketing skin biopsy, closure and repair solutions for the dermatology, cosmetic surgery and primary care physicians. CleveX (LLC) started out in 2004 as a joint venture between Cleveland Clinic Foundation (Cleveland, OH) and IDx Medical Design (Cincinnati, OH) to develop and commercialize surgical dermatology and skin repair innovations generated by leading physicians at the Cleveland Clinic.  The company’s lead technology platform is the ExiClip®.  The ExiClip is a single-step, disposable surgical device that efficiently excises a skin lesion while simultaneously closing and repairing the surgical site.

The Drop Spot, Ltd., headquartered in Columbus, OH, provides outsourced "Trade-In/Trade-Up" services for retailers and manufacturers to increase revenue. Trade-In/Trade-Up programs allow customers to unlock the value of their pre-owned items and exchange them for new merchandise purchases or retail store credit. The Drop Spot facilitates the extraction of value through proprietary technology, business processes and key strategic partnerships to sell the pre-owned items, maximizing value for both the retailer or manufacturer and its customer base.