20 Years of Investing in Startups

From 2003-2022 the River Valley Investors operated as a traditional angel group, investing in nearly 100 startups. For posterity, here are some of the more recent investments…

2022

Hubly Surgical

Hubly Surgical has an advanced drill, complete with auto-stop and visual feedback, to make medical drilling safe across underserved settings. They’re first starting with the high-complication, hand-cranked, most common neurosurgery: bedside craniotomy.

Jaia Robotics Inc.

Jaia Robotics Inc. provides aquatic data collection services and aquatic drones that work in pods of 1- 20 to collect data at unprecedented scale at orders of magnitude less cost.

Imago Rehab

Imago Rehab is a robot-assisted virtual clinic for stroke recovery. The company pitched to River Valley Investors in April 2022 and RVI invested one week later.

Lenoss Medical

Lenoss Medical Inc. provides the first natural, cement-free solution to treat osteoporotic spinal fractures.

Apprentiscope

ApprentiScope is transforming workforce development in the United States by making modern Registered Apprenticeships scalable.

2021

Ez-Probate Inc.

Ez-Probate provides an online self help probate service where customers can probate an estate without an attorney, or we provide an affordable flat fee attorney.at.

Hubly Surgical

Hubly Surgical is helping form the future of safe surgery. The most common neurosurgery fails 20% of the time and is performed with a hand-crank drill at the bedside. The advanced Hubly Drill designed for safety is here to fix that.

Superfrau

Superfrau converts waste to value by rescuing surplus whey and upcycling it into delicious, nutritious beverages; good for people and the planet.

Rellevate

Rellevate provides consumer financial services, including earned wage access to middle income Americans sold through their employers to allow access to their money anytime, anywhere.

Lenoss Medical

Designed and developed the first and only biological solution to treat osteoporotic spinal fractures.

Senscio

Senscio delivers AI orchestrated, integrated, proactive chronic care virtually in the home to population with multiple chronic conditions.

Eflex

Intelligent digital energy for homes and small business

2020

Lumme

Lumme Health is a digital behavioral health company with a radically superior approach to facilitating success with weight management and problematic eating patterns. Building upon its patent-pending behavior change platform, Lumme’s smartwatch app is the world’s first technology to effortlessly track objective eating metrics and behavioral patterns without manual input.

Ignitepost 

IgnitePOST is a service that enables sales & marketing teams to boost conversion rates by 15X. We combine software and robotics to allows businesses to send real pen & ink handwritten notes at scale, directly from their current CRM system. We believe authentic, personalized communication is the secret to more sales and happier customers.

QSM Diagnostics 

QSM makes point-of-care diagnostic tests for bacterial infections that provide rapid results and allow veterinarians to more accurately treat pets.

Meenta

Instantly access the world’s scientific equipment & COVID-19 labs

Launch413

Takes startups to their first $10 million in revenue while providing early returns to investors.

Unruly Studios

Unruly Splats are the only STEM education tool that combines high-quality coding learning with a social and active play experience. This experience makes learning to code more engaging, competitive, and collaborative than anything else on the market.

Freedom Wind

Freedom Wind is a leisure and entertainment company focused on safely replicating the skydiving experience. Achieving the wow factor, our facility is literally a smile factory using new ways to gamify skydiving and immerse guests in parachute simulations amongst educational skydiving museum exhibit.

Apprentiscope

ApprentiScope exists to bolster our national workforce by facilitating the adoption, expansion and success of apprenticeship programs through innovative, efficient and powerful software solutions. Our enterprise platform significantly reduces the cost and risk of operating Registered Apprenticeship programs.

2019

Freedom Wind

Freedom Wind is a leisure and entertainment company focused on safely replicating the skydiving experience. Achieving the wow factor, our facility is literally a smile factory using new ways to gamify skydiving and immerse guests in parachute simulations amongst educational skydiving museum exhibit.

PV Grows

A collaborative network dedicated to enhancing the ecological and economic sustainability and vitality of the Pioneer Valley food system.

KNOX

Knox created Frictionless Ownership to make owning investment property as simple as owning a share of stock.

Unruly Studios

Unruly Splats are the only STEM education tool that combines high-quality coding learning with a social and active play experience. This experience makes learning to code more engaging, competitive, and collaborative than anything else on the market.

2018

Libboo

Accelerating great stories and big ideas. As the book world’s leading platform for exclusive access to sneak peeks, advance previews, and special giveaways, we live our mission every day and give readers a chance to See It First.

Cambridge Blockchain

Cambridge Blockchain makes digital identity enterprise software for financial institutions. We simplify the sharing of personal data, using the highest levels of privacy, security and trust.

Valt

Valt Visual Password Manager is a new approach to password management.

Launch413

takes startups to their first $10 million in revenue while providing early returns to investors.

New England Breath Technologies

Developing pain-free ketone and diabetes monitor.

Freedom Wind

Freedom Wind is a leisure and entertainment company focused on safely replicating the skydiving experience. Achieving the wow factor, our facility is literally a smile factory using new ways to gamify skydiving and immerse guests in parachute simulations amongst educational skydiving museum exhibit.

3DFortify

Our patented technologies allow for cheaper, faster, and the most complex composite manufacturing to date. We are ushering in a new generation of custom, high performance products.

Spring Loaded Technologies

Energizes knees with the power of bionics to enhance and restore mobility.

Medkairos

1 out of 5 biopsies fail to return a diagnosis. Our technology intervenes during the procedure so the patient will only undergo the procedure once.

2017

Relativity6

AI for Insurance Advisers, Brokers and Agents helps enable your sales and accounts teams to service and retain clients smarter.

Netshield

Harden your network and cover your assets with ironclad network access control and vulnerability. management.

KnipBio 

KnipBio has developed a series of naturally occurring microbes that convert low-cost feedstock into premium, nutritious, single-cell proteins laden with pigment-enhancing carotenoids to produce healthier, more vibrant fish.

Infinite Composite Technologies

Infinite Composites TechnologiesTM (ICT) designs, develops and manufactures the most efficient gas storage systems in the universe.

Pixm

We are entrepreneurs making technologies to stop phishing breaches. We believe email and web devices in the future will authenticate their own content.

2016

KnipBio

KnipBio has developed a series of naturally occurring microbes that convert low-cost feedstock into premium, nutritious, single-cell proteins laden with pigment-enhancing carotenoids to produce healthier, more vibrant fish.

Cambridge Blockchain

Cambridge Blockchain makes digital identity enterprise software for financial institutions. We simplify the sharing of personal data, using the highest levels of privacy, security and trust.

InstaFreebie

Accelerating great stories and big ideas. As the book world’s leading platform for exclusive access to sneak peeks, advance previews, and special giveaways, we live our mission every day and give readers a chance to See It First.

Tursus

Developing innovative back-office solutions for the point-of-sale industry.

2015

Waterdog

We’re disrupting the traditional channel model by fundamentally changing the way the partner and reseller relationship works.

Machine Metrics

Performance Monitoring for Manufacturing

2014

Boston Logic

Boston Logic provides real estate brokerages with software, marketing and design solutions that make them technological leaders in their marketplace.

Hitpoint Studios

Whether a client is looking to launch a new product or solve a technical challenge, HitPoint will deliver projects on time and on budget – through creative design, excellent engineering, and thoughtful use of new technologies.

2013 and Before

Optasite

Optasite is engaged in the acquisition and development of telecommunications tower sites in the United States.

Pet Angel

Pet Angel is the premier pet death care company providing unparalleled cremation services to Veterinarians within a national B2B rollup strategy.

Oxford Performance Materials

High Performance Polymers for Medical, Semiconductor, Industrial and Fuel Cell Applications

SmartCells

Beverly, MA-based biotech startup that developed diabetes treatments.

Incentive Targeting

Grocery marketers waste billions of dollars a year reaching the wrong shoppers. We target the right shoppers and we only charge for success. Incentive Targeting makes it easy for grocery marketers to design and manage promotions that target individual shoppers. Unlike existing solutions, we offer: a self-service website to segment shoppers and manage campaigns, pay-for-performance pricing, and multi-channel offer distribution.

MicroVu

Micro-Vu Corporation designs and manufactures a broad line of measuring machines including Automated Vision Systems, Manual Video Systems, and Optical Comparators.

Icon Wheelchairs

Icon Wheelchairs is an adjustable wheelchair company that lets you “dial-in” the perfect fit.

BlueTrain Mobile

Bluetrain Mobile enables marketers and their agencies to create brilliant and compelling multi-screen experiences resulting in measurable engagement and action.

Emme

Emme provides easy-to-use energy management devices that help you save money and lower your home’s carbon footprint.

Dexrex Gear

Dexrex Gear is a comprehensive solution for instant messaging and mobile text messaging data management.

Rentometer

Rentometer is the easy way to compare your rent with other local properties

Sylvan Cycles

Sylvan Cycles makes innovative, beautiful,high-performance bicycles from sustainable wood composite materials.

PFI Benefits

PFI Benefits works with network marketing companies and organizations that do not offer benefits to their employees. They provide benefits solutions for those who seek affordable benefits and a better quality of life for themselves and their family.

Spotlight Media

Spotlight Media delivers economic growth to people and businesses by harnessing the power of the internet and marrying that with the success of video production (ie. YouTube) in a cost effective and efficient manner.

Optical Alchemy

Optical Alchemy, Inc. designed and manufactured ultra-light sensor packages for various manned and unmanned tactical systems. They are no longer in business.

Clipsi

Clipsi spaces are designed to enable teams to organize their collective thoughts and ideas on how best to achieve project objectives.

Estate Works

EstateWorks is the industry leader in enterprise-wide management solutions for estate planning & estate administration, providing comprehensive case management, task tracking, team collaboration, management reporting and document, form & letter drafting.

Precision Ventures

Precision Ventures identifies market opportunities and delivers complete concept solutions to brand-name global manufacturers.

Doctors Express

AFC Doctors Express is a medical franchise composed of urgent care clinics and primary health clinics.

Flow Forward Medical

Flow Forward Medical, LLC (“Flow Forward”) is a privately held subsidiary of Novita Therapeutics, developing the AFE System, a small, temporary, extracorporeal rotary blood pump system designed to increase eligibility for the arteriovenous fistula (AVF) vascular access site for hemodialysis and to increase AVF maturation success.

Extreme Reach

Extreme Reach is the leading provider of video ad management, delivery and measurement solutions across TV and digital media.

Colony Hills Capitol

Colony Hills Capital provides investment services, including acquisition, development, operation and financial structuring of multifamily real estate.

Plymouth Reit

Plymouth REIT provides a real estate investment platform to capture the cyclical recovery of the U.S. economy. 

Thetis Pharmaceuticals

Thetis Pharmaceuticals is an emerging pharmaceutical company with a portfolio of novel best-in-class prescription drugs for the treatment of diabetes, hypertriglyceridemia and dyslipidemia.

Convenient Cards

Convenient Cards, Inc. is a leading provider of prepaid card programs for community banks and credit unions.

Bolt

Bolt is a seed-stage fund that invests capital, personnel, equipment and expertise in hardware startups.

Envoy Health Care

Envoy Health Care aims to meet the changing needs of our communities, and provide quality health care.

Cambridge Blockchain

Cambridge Blockchain makes digital identity enterprise software for financial institutions. We simplify the sharing of personal data, using the highest levels of privacy, security and trust.

KnipBio

KnipBio has developed a series of naturally occurring microbes that convert low-cost feedstock into premium, nutritious, single-cell proteins laden with pigment-enhancing carotenoids to produce healthier, more vibrant fish.

One thought on “20 Years of Investing in Startups

  1. Josh Chernin

    Hi Paul, I didn’t know that RVI had invested in Unruly Studios. I did too, but in a different way, through Kickstarter. When I got my kit I gave it to the folks next door, who had 5-yr-old twins, and they loved it.

    I got involved because I know the guy who was Unruly’s head designer at the time, David Kunitz. I went to junior high and high school with him (and his father taught social studies at the junior high I attended).

    David is now the co-founder of Action Face, which combines high-quality 2D litho printing with 3D printing to make custom bobblehead dolls that are really good likenesses of people, much better than the crappy stuff you get at Fenway Park.

    Josh

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