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Maryland Department of Business and Economic Development

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 29
Average round size
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The average size of a deal this fund participated in
$5M
Portfolio companies 19
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.34
Exits 7
Key employees Soon
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Biotechnology
  • Software
  • Health Care
  • Information Technology
  • Life Science
Summary

The main office of represented Corporate Investor is situated in the Baltimore. The company was established in North America in United States.

Among the most popular portfolio startups of the fund, we may highlight Sirnaomics, Link Labs, Bluefire Security Technologies. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. Among the most popular fund investment industries, there are Information Technology, Life Science. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The increased amount of exits for fund were in 2014. Comparing to the other companies, this Maryland Department of Business and Economic Development performs on 3 percentage points less the average number of lead investments. The common things for fund are deals in the range of 5 - 10 millions dollars. Considering the real fund results, this Corporate Investor is 13 percentage points less often commits exit comparing to other organizations. The fund is constantly included in less than 2 investment rounds annually. The high activity for fund was in 2004.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Maryland Department of Business and Economic Development, startups are often financed by Anthem Capital Management, Walker Ventures, Valhalla Partners. The meaningful sponsors for the fund in investment in the same round are Anthem Capital Management, Walker Ventures, Valhalla Partners. In the next rounds fund is usually obtained by Anthem Capital Management, QuestMark Partners, Grotech Ventures.

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Related Funds

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Typical Co-investors
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Pet Connect Business®

Software
$750K01 May 2020 Clarksville, Maryland, United States

Link Labs

Information Technology
Internet of Things
Network Hardware
$5M23 Aug 2015 Annapolis, Maryland, United States

TRX Systems

Location Based Services
National Security
Navigation
Security
Software
$2M12 Nov 2012 Maryland, United States

ClassifEye

Identity Management
Information Technology
Software
$330K10 Jun 2008 Jerusalem District

Zenoss

Enterprise Software
Information Technology
IT Management
Software
$11M22 Jan 2008 Austin, Texas, United States

Three Stage Media

Advertising
Marketing
Media and Entertainment
SEM
$15M27 Nov 2007 Columbia, Maryland, United States

Zenoss

Enterprise Software
Information Technology
IT Management
Software
$4M11 Aug 2006 Austin, Texas, United States

GlycoMimetics

Biotechnology
Health Care
Therapeutics
$15M23 Jun 2006 Maryland, United States

Three Stage Media

Advertising
Marketing
Media and Entertainment
SEM
$7M13 Feb 2006 Columbia, Maryland, United States

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Total investments 29
Average round size 5M
Peak activity year 2004
Lead investments 2
Follow on index 0.34
Exits 7
Group Appearance index 0.83

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Pet Connect Business®

Software
$750K01 May 2020 Clarksville, Maryland, United States

Link Labs

Information Technology
Internet of Things
Network Hardware
$5M23 Aug 2015 Annapolis, Maryland, United States

TRX Systems

Location Based Services
National Security
Navigation
Security
Software
$2M12 Nov 2012 Maryland, United States

ClassifEye

Identity Management
Information Technology
Software
$330K10 Jun 2008 Jerusalem District

Zenoss

Enterprise Software
Information Technology
IT Management
Software
$11M22 Jan 2008 Austin, Texas, United States

Three Stage Media

Advertising
Marketing
Media and Entertainment
SEM
$15M27 Nov 2007 Columbia, Maryland, United States

Zenoss

Enterprise Software
Information Technology
IT Management
Software
$4M11 Aug 2006 Austin, Texas, United States

GlycoMimetics

Biotechnology
Health Care
Therapeutics
$15M23 Jun 2006 Maryland, United States

Three Stage Media

Advertising
Marketing
Media and Entertainment
SEM
$7M13 Feb 2006 Columbia, Maryland, United States
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