QCA First Fund Portfolio Companies
CH
Mack, Inc. is the creator of Q Continuum System, the case
management technology solution for the Healthcare and Human
Services industries. Q helps care managers assist more clients
by freeing up time, enhancing quality of care to clients, and
increasing productivity.
In combination with the Tri-State Growth Fund, and with additional support from QCA investors, the QCA First Fund has lead two rounds of investment which allowed Mack to increase it's marketing efforts and establish itself as the clear leader in case management software solutions. Follow-on funding has also come from Draper Triangle Ventures.
Fortis
Security Products has been established by three industry
veterans who provide financial institutions with innovations in
physical security products such as drive-up pneumatic equipment,
safes, vaults, and safety deposit boxes.
QCA First Fund again collaborated with the Tri-State Growth Fund and private investors inside and outside of QCA to provide the capital to create and launch this business.
SpineForm
has licensed patents from Cincinnati Children's Hospital for a
spinal correction system that will treat scoliosis--curvature of
the spine--in children. The device being developed is
significantly less invasive than current treatment approaches,
and should substantially slow the progression of the condition,
possibly even reversing it. The company will seek additional
funding after a number of significant development milestones
have been achieved.
QCA First Fund, the Tri-State Growth Fund, and the Kentucky Co-Investment Fund worked together to provide convertible notes to fund the company's development efforts. In December 2006, the notes were converted to equity as part of a Series A financing.
ShareThis,
formerly know as Nextumi, has created a one-step tool that
allows anyone to share any object with anyone, no matter where
he/she is. The tool makes it simple to share pictures, videos or
webpages with FaceBook, MySpace, AIM, or email users.
QCA First Fund has teamed with Blue Chip Venture Company, Illinois Emerging Technology Fund, DFJ Mercury and others to provide Series A funding for the company.
Cardiac
Power, Inc. has developed and patented a heart assist technology
to treat Congestive Heart Failure (CHF) that addresses the
primary problem current heart-assist devices are encountering--
immunobiologic response due to the blood/material interface,
which causes high incidence of sepsis and stroke. The Company
has developed a heart-assist device, RePower,TM which is an
alternative to heart transplants, ventricular assist devices and
artificial hearts to pump blood without touching blood.
Along with the Blue Chip Validation Fund, the Health Foundation of Greater Cincinnati, and a number of individuals, the QCA First Fund has provided Series A funding to allow the company to continue it's research and development of the device.
TraDiCom
LLC will develop and manufacture of a new generation of vending
machine. The Chef 24/7™ will deliver a perfectly cooked meal or
snack to the consumer in 90 seconds or less. TraDiCom will
collaborate with key food manufacturers to deliver the highest
quality product to the consumer--food won’t be undercooked,
unevenly cooked or overcooked. In addition, the machine's touch
screen will be networked to provide advertising to a captive
audience while the food is being cooked.
QCA First Fund has provided convertible debt financing to enable the company to produce the prototype machine.
SearchDaddy
provides comprehensive search engine optimization, SEO, to help
its customers achieve first page rankings on high volume search
words. The company works with businesses to assure them
excellent visibility to potential customers who will be
searching for their products or services on the web.
Convertible debt financing has been provided by the Fund to allow the company to expand its sales and marketing efforts in its initial geographical area.
CH
Mack, Inc. is the creator of Q Continuum System, the case
management technology solution for the Healthcare and Human
Services industries. Q helps care managers assist more clients
by freeing up time, enhancing quality of care to clients, and
increasing productivity.In combination with the Tri-State Growth Fund, and with additional support from QCA investors, the QCA First Fund has lead two rounds of investment which allowed Mack to increase it's marketing efforts and establish itself as the clear leader in case management software solutions. Follow-on funding has also come from Draper Triangle Ventures.
Fortis
Security Products has been established by three industry
veterans who provide financial institutions with innovations in
physical security products such as drive-up pneumatic equipment,
safes, vaults, and safety deposit boxes.QCA First Fund again collaborated with the Tri-State Growth Fund and private investors inside and outside of QCA to provide the capital to create and launch this business.
SpineForm
has licensed patents from Cincinnati Children's Hospital for a
spinal correction system that will treat scoliosis--curvature of
the spine--in children. The device being developed is
significantly less invasive than current treatment approaches,
and should substantially slow the progression of the condition,
possibly even reversing it. The company will seek additional
funding after a number of significant development milestones
have been achieved. QCA First Fund, the Tri-State Growth Fund, and the Kentucky Co-Investment Fund worked together to provide convertible notes to fund the company's development efforts. In December 2006, the notes were converted to equity as part of a Series A financing.
ShareThis,
formerly know as Nextumi, has created a one-step tool that
allows anyone to share any object with anyone, no matter where
he/she is. The tool makes it simple to share pictures, videos or
webpages with FaceBook, MySpace, AIM, or email users.QCA First Fund has teamed with Blue Chip Venture Company, Illinois Emerging Technology Fund, DFJ Mercury and others to provide Series A funding for the company.
Cardiac
Power, Inc. has developed and patented a heart assist technology
to treat Congestive Heart Failure (CHF) that addresses the
primary problem current heart-assist devices are encountering--
immunobiologic response due to the blood/material interface,
which causes high incidence of sepsis and stroke. The Company
has developed a heart-assist device, RePower,TM which is an
alternative to heart transplants, ventricular assist devices and
artificial hearts to pump blood without touching blood.Along with the Blue Chip Validation Fund, the Health Foundation of Greater Cincinnati, and a number of individuals, the QCA First Fund has provided Series A funding to allow the company to continue it's research and development of the device.
TraDiCom
LLC will develop and manufacture of a new generation of vending
machine. The Chef 24/7™ will deliver a perfectly cooked meal or
snack to the consumer in 90 seconds or less. TraDiCom will
collaborate with key food manufacturers to deliver the highest
quality product to the consumer--food won’t be undercooked,
unevenly cooked or overcooked. In addition, the machine's touch
screen will be networked to provide advertising to a captive
audience while the food is being cooked.QCA First Fund has provided convertible debt financing to enable the company to produce the prototype machine.
SearchDaddy
provides comprehensive search engine optimization, SEO, to help
its customers achieve first page rankings on high volume search
words. The company works with businesses to assure them
excellent visibility to potential customers who will be
searching for their products or services on the web.Convertible debt financing has been provided by the Fund to allow the company to expand its sales and marketing efforts in its initial geographical area.
