Maryland Department of Business and Economic Development logo

Maryland Department of Business and Economic Development

North America, Maryland, United States, Baltimore

Description

ChooseMaryland is the web site for the Maryland Department of Business and Economic Development.

Investor Profile

Maryland Department of Business and Economic Development has backed more than 24 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 8% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Israel.
  • Strong thematic focus on Biotechnology, Software, Health Care.

Stage Focus

  • Series A (29%)
  • Series B (25%)
  • Series Unknown (21%)
  • Series C (8%)
  • Grant (8%)
  • Post Ipo Equity (4%)
  • Pre Seed (4%)

Country Focus

  • United States (96%)
  • Israel (4%)

Industry Focus

  • Biotechnology
  • Software
  • Health Care
  • Enterprise Software
  • Information Technology
  • Life Science
  • Advertising
  • Security
  • Medical Device
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Maryland Department of Business and Economic Development frequently co-invest with?

EC
North America, California, United States, San Rafael
Co-Investments: 3
Anthem Capital Management
North America, Maryland, United States, Baltimore
Co-Investments: 4
Intersouth Partners
North America, North Carolina, United States, Durham
Co-Investments: 2
Grotech Ventures
North America, Virginia, United States, Vienna
Co-Investments: 2
Nokia
Europe, Southern Finland, Finland, Espoo
Co-Investments: 2
TN
North America, Maryland, United States, Fulton
Co-Investments: 2
Valhalla Partners
North America, Virginia, United States, Vienna
Co-Investments: 3
Sherbrooke Capital
North America, Massachusetts, United States, Newton
Co-Investments: 3
AT
North America, Florida, United States, Sarasota
Co-Investments: 2
Boulder Ventures
North America, Colorado, United States, Boulder
Co-Investments: 2

Which angels does Maryland Department of Business and Economic Development often collaborate with?

FA
North America, Maryland, United States, Baltimore
Shared Deals: 1

What are some of recent deals done by Maryland Department of Business and Economic Development?

Pet Connect Business®

Columbia, Maryland, United States

Digital management system for pet service providers

Software
Pre SeedMay 1, 2020
Amount Raised: $750,000
Link Labs

Annapolis, Maryland, United States

Link Labs offers an end-to-end IoT platform for tagging, locating, and monitoring equipment, supplies, and assets.

Information TechnologyInternet of ThingsNetwork Hardware
Series AAug 23, 2015
Amount Raised: $5,700,000
Mobile System 7

Bethesda, Maryland, United States

Mobile System 7's products protect enterprise data, by using advanced analytics and adaptive access controls.

AnalyticsEnterprise SoftwareMobileSecurity
GrantJun 17, 2014
Amount Raised: $400,000
TRX Systems

Greenbelt, Maryland, United States

TRX Systems is the developer of NEON®, a location system delivering tracking services inside GPS-disabled buildings.

GPSLocation Based ServicesMapping ServicesNational SecurityNavigationSecuritySoftware
Series ANov 12, 2012
Amount Raised: $2,000,000
ClassifEye

Jerusalem, Yerushalayim, Israel

ClassifEye develops fingerprint authentication technology, providing identity management solutions for mobile markets.

Identity ManagementInformation TechnologySoftware
Series BJun 10, 2008
Amount Raised: $330,000
My Ad Box

Baltimore, Maryland, United States

My Ad Box offers a messaging system with a disposable phone number and email address that collects responses related to advertisements.

Advertising
Series UnknownJun 1, 2008
Amount Raised: $50,000
Innovative Biosensors

Rockville, Maryland, United States

Innovative Biosensors offers a biosensor system that generates sensitive and specific results with minimal amount of reagents in minutes.

BiotechnologyMedicalMedical DeviceSensor
Series UnknownMay 1, 2008
Amount Raised: $9,500,000
NeuroNascent

Clarksville, Maryland, United States

Neuronascent discovers and develops small molecule therapeutics for depression and neurodegenerative diseases.

BiotechnologyLife ScienceMedicalTherapeutics
GrantJan 23, 2008
Amount Raised: $50,000
Zenoss

Austin, Texas, United States

Zenoss develops monitoring and analytic software to provide complete visibility for cloud, virtual, and physical IT environments.

AnalyticsEnterprise SoftwareInformation TechnologyIT ManagementSoftware
Series BJan 22, 2008
Amount Raised: $11,000,000
Sirnaomics

Gaithersburg, Maryland, United States

Sirnaomics is a biopharmaceutical company developing therapeutics for critical human diseases by using RNA interference technology.

BiopharmaBiotechnologyMedical DevicePharmaceutical
Series UnknownDec 26, 2007