Physician practice marketplace lands some funding

Jumpstart company looking to go live in Q4
Aug 7, 2014 6:58 AM

Counting down to JumpStart's investor day

The team at JumpStart Foundry is a little more than two weeks from hosting its annual Investor Day, where the incubator's latest crop of startups will strut their stuff. At Southern Alpha, Ben McIntyre has a rundown of each company's goals and progress. Among them are interesting concepts featuring localization technology, parking management software and three-dimensional scanning. One of the companies, wearable technology play Octovis, already is close to securing a round of funding; founder Ryan Macy says his pitch at Investor Day will be for the next sack of growth cash.

Aug 4, 2014 8:42 AM

Startup execs 'need to stay focused on the prize, selling products and services, not shares'

The availability and terms of early-stage venture capital for promising Nashville startups is not a new topic but Milt Capps has revisited it with aplomb at Venture Nashville Connections. Using the fundraising efforts of Dan Hogan and Medalogix as a jumping-off point, Capps touched base with more than a dozen area investors and execs to take stock of the relative lack of competition among early-stage investors in Middle Tennessee. Of particular note are comments from Angel Capital Group's Eric Dobson:

The best thing we investors can do is to agree on a fair valuation at each step along the way, open opportunities to syndicate between collegial peers, and save the drama for attacking the market. If companies want to minimize dilution, they need to stay focused on the prize, selling products and services, not shares.

And entrepreneur Nicholas Holland:

I don't see any of it as nefarious — it's a side effect of having a tiny investor community. More deals than money lets the investors be very picky. So, they they don't need to collude to still have incentive to pass on another VC's deal.

SEE ALSO: Our past coverage of Medalogix's growth

Aug 4, 2014 7:14 AM

Martin Cos. funds Chicago Healthbox grad

Former Vanguard VP looks to scale physician payment system
Jul 30, 2014 7:03 AM

Qualifacts secures majority investment

Behavioral EHR company to pursue health reform-based product development
Jul 29, 2014 10:15 AM

LogoGarden raising $2M

Logo design venture LogoGarden has raised $750,000 from venture capital firm FCA and is looking to drum up another $1.15M as its leaders seek to position themselves not just to grow further, but also to set themselves up to be acquired in a few years. Founder and CEO John Williams tells Milt Capps at Venture Nashville he is looking for a deal before 2018 comes around.

The company has been "investing heavily in converting/building our technology platform to JavaScript. Flash, our previous technology was replaced by JS two years ago. In part, because smartphones do not support the Flash," Williams explained. In 3Q 2014, he plans to launch an unbundled, which will enable customers to upload their own logos to their newly minted sites.

Jul 24, 2014 6:59 AM

LaunchTN looks to tie together angel groups

Launch Tennessee CEO Charlie Brock plans to in the coming year work to better connect the various angel investing groups around Tennessee. The strategy is part of the organization's fiscal 2015 workplan, detailed here by Milt Capps.

LaunchTN CEO Brock -- with his own track record as an entrepreneur, advisor and investor -- will doubtless be deeply involved in all this, with staff work led by LaunchTN Capital Formation Director Henry Gindt. Gindt's bailiwick also includes outreach to Corporate venture-capital arms, and supporting ECD's INCITE seed-funding program, in part by helping to identify follow-on investors for companies that win INCITE grants.

Jul 23, 2014 11:04 AM

Fund co-run by DeParle tops target

Consonance venture already has closed on two investments
Jul 21, 2014 10:57 AM

Loyalty marketing company nears end of $1M raise

Three-year-old loyalty marketing venture textLIVING is close to having raised $1 million from a large group of investors as it prepares to launch serious biz dev efforts in Nashville and elsewhere in Tennessee. Milt Capps has that info and more at Venture Nashville Connections.

Jul 9, 2014 7:16 AM

Aspire Health raises more capital

Frist-backed venture looks to build national network
Jun 18, 2014 2:49 PM