Skip to Content
Newsletter Desktop Newsletter Mobile
January 20, 2023

STAQ Pharma Expands Operations to Columbus

STAQ Pharma recently raised an estimated $45 Million of Series C venture funding to build a $70 million facility on the West side of Columbus, which will add 300 jobs to the area. Its 503B Outsourcing Facility will produce compounded medications under the Current Good Manufacturing Process (cGMP) quality system, a Federal Drug Administration (FDA) standard. CEO Joe Bagan sat down with Smart Business Network to discuss the capital raises and the new, much larger facility being built in Columbus. ...

By Dan Pender

January 20, 2023

Debbie Gordon On Maximizing Her Time During Fundraising

Cloud Range is a cyber security company helping large organizations proactively prepare for cyberattacks. In an environment in which cybersecurity attacks are increasing significantly, CEO Debbie...

By Adam Burroughs

January 13, 2023

Lance Hill On How To Think About Capital Raises

Within3 Founder and CEO Lance Hill on what to consider when raising capital. ...

By Adam Burroughs

January 13, 2023

With SmartWitness, Business Liability Tool Turns Into $200M Return For Nick Merchef

Nick Mirchef and his son-in-law, Chris Pflanz, went through the trails and tribulations of early-stage capital raises with their company SmartWitness and found a big payday at the end of it all. Today, they’re offering others advice using their experience as a guide. ...

By Dan Pender

January 6, 2023

Airspace Link Creates Drone Navigation Highway

In four short years, Detroit startup Airspace Link went from a couple founders and a few employees to recently raising $23 million in a Series B to aid its global expansion. It started with a $100,000 convertible note, a $3 million pre-seed, a $10 million Series A and now the global expansion raise. Michael Healander, co-founder, president and CEO, is a drone pilot enthusiast who envisions the positive impact drones could provide to economies and quality of life. His company is creating a roadmap in the sky for drones of all types and sizes. ...

By Dan Pender

December 16, 2022

What To Consider When Raising Debt

Cequel III Vice President Mike Pizzella, Jr., former CEO of StayLock Storage on current trends in financing business growth — including debt-based financing — and how to best leverage financial tools for different stages of your business lifecycle....

By Adam Burroughs

December 16, 2022

Boon Logic Offers Silicon Valley Opportunity in Minnesota

Boon Logic, developer of machine-learning based anomaly detection algorithm, is completing its second funding round over the last four years with a nearly $40 million pre-money valuation to support the commercialization of two disruptive services. CEO Grant Goris sat down with the Smart Business Podcast team to discuss how is company was born, how it has grown, and what he’s learned about raising capital along the way. ...

By Dan Pender

November 4, 2022

Pitch perfect: The need for newbie entrepreneurs to improve their talk track

Project Olympus' Kit Needham on the areas where fist-time entrepreneurs stumble when seeking their earliest funding rounds....

By Adam Burroughs

November 4, 2022

Expert Social Influencers Change the Marketing Landscape

Working directly with brands and retailers, The Desire Company matches them with the right experts to trial, test and review products, producing video reviews for use at the point of sale and across digital marketing channels. These partnerships are proving to drive an increase in conversions, time on site and an increase in marketing effectiveness, resulting in a six times revenue increase for the company in the past 12 months. As a result, brands are taking notice and want in on this new approach. ...

By Dan Pender

November 4, 2022

Chain.io Investing in Supply Chain Platform Partnerships

As supply chain issues continue to wreak havoc for businesses both large and small, Chain.io Founder and CEO Brian Glick hopes to alleviate the problems with its cloud-based integration platform, which lets all the different entities in the chain share data between all their systems. ...

By Dan Pender

October 28, 2022

Dry Powder vs Rising Interest Rates

Petra Capital Partners' David Fitzgerald on how raising capital and investment decisions are being affected by conditions in the market....

By Adam Burroughs

October 28, 2022

The Unexpected Outcomes of Royal Capital Group’s Community Development

Royal Capital Group Founder and CEO Kevin Newell discovered that when living conditions improve, so do the mental and physical health of those living in the neighborhoods he’s developed. This approach opened a new capital stream through UnitedHealthcare, which is now the largest private investor, providing $5.4 million in equity funding for one of his latest endeavors....

By Dan Pender

October 14, 2022

Michael Sirpilla On Society Brands’ $204M Raise

Society Brands CEO Michael Sirpilla spoke on Dealmaker TV's DealTalk program about the company’s $204M raise and its growth since its launch in 2020....

By Adam Burroughs

October 14, 2022

Immunophotonics Makes Strides in Cancer Research

Lu Alleruzzo, a bioengineer with a MBA, had an opportunity early in his career to understand innovation and immediately apply it to society for the benefit of all. That opportunity fueled him and his biotech company, Immunophotonics, to pioneer a field of cancer care called Interventional Immuno Oncology....

By Dan Pender

October 7, 2022

Checkpoint Surgical Focused on Growth

Checkpoint Surgical, Inc., a privately held U.S.-based medical device company with proprietary neurostimulation technology for nerve protection and repair, raised $16 million of growth capital in August of 2021. One year later, with those investments in place, the company is shifting into growth mode, a move that comes with substantial changes. Executive Advisor Len Cosentino talks about the raise, his process for vetting investors and how Checkpoint is setting itself up for profitability....

By Dan Pender

October 7, 2022

From funder to fundraiser

MOBILion's Dr. Melissa Sherman on growing the company and how she's adapted to the fundraising process....

By Adam Burroughs

October 7, 2022

Funding options for health care companies

Lawrence, Evans & Co.'s Neil Johnson spoke on funding options for health care companies. ...

By Adam Burroughs

September 15, 2022

ESG’s increasing impact on investment decisions

Black Brain Trust's Angel St. Jean on the rise of ESG, her company’s growth, and the challenges of fundraising. ...

By Adam Burroughs

September 9, 2022

What to consider when considering minority investments

Broadview Group Holdings' Clay Hunter, LoanNEX's Eloise Schmitz, Lewis & Clark AgriFood's Tim Hassler, PNC's Tim Brady and BDO USA's Meg Kellogg on what minority control sales look like, and how planning in advance can lead to multiple bites at the apple....

By Adam Burroughs

September 2, 2022

Multiple means of raising capital

Oncocyte's Ron Andrews on the company's use of its at-the-market program, how it works, when it's best deployed, and what the raise from it has enabled to the company to do....

By Adam Burroughs

August 5, 2022

Life Remodeled CEO Chris Lambert On The Heart Of Fundraising

Life Remodeled CEO Chris Lambert on the organization's mission and accomplishments, as well as his approach to fundraising....

By Adam Burroughs

July 6, 2022

Landing the first investors

SureImpact's Sheri Chaney Jones on launching SureImpact and her experience landing investors....

By Adam Burroughs

July 6, 2022

Identifying the right capital partners

Tiesta Tea Company's Dan Klein on what he looks for in investors beyond capital as well as the company's plans for growth. ...

By Adam Burroughs

June 29, 2022

Risk management in M&A

Aclaimant Co-Founder and Board Member Michael Schultz on dealing with risk in M&A transactions, and how his company is applying its recent $15 million raise....

By Adam Burroughs

June 22, 2022

Lessons learned from raising different types of capital

Stratifyd's Derek Wang on building Stratifyd, raising capital and growing his investor network. ...

By Adam Burroughs

June 22, 2022

Build a good business and investors will find you

HYCU's Simon Taylor, Mintz's Kurt Steinkrauss, Health Express Urgent Care's Chris Whelan and First Republic Investment Management's Julie Rousseau on what you need to know about the personal and corporate side of readying your company for whatever tomorrow brings....

By Adam Burroughs

June 16, 2022

How Paperless Parts Overcame Early Stumbles To Find Success

Paperless Parts recently raised $30 million of Series B venture funding led by OpenView Venture Capital. Jason Ray, co-founder and CEO of Paperless says he had some entrepreneurial stumbles along his path to building Paperless into what it's become today. ...

By Adam Burroughs

June 10, 2022

Edovo Divests to Improve Mission Focus

Edovo CEO Brian Hill on his venture, its recent acquisition and raising capital....

By Adam Burroughs

June 2, 2022

To raise funds, show investors the math

PhotoniCare's Ryan Shelton on raising funds and the company's future....

By Adam Burroughs

May 20, 2022

Blended Finance Approach Leads to Quality Health Care

Ngu Morcho, president and CEO of KeraLink International, has more than 20 years of experience in early-stage technology development working in Africa and across India and Southeast Asia. Today, Morcho’s mission is to end corneal blindness globally as the head of operations at KeraLink. To fund this mission, KeraLink uses a blended finance model, a combination of grants, concessional equity and debt that is used together to develop a sustainable business model. ...

By Dan Pender

May 19, 2022

Fundraising isn't an event. It's a process.

Kytopen CEO and co-founder Paulo Garcia talks about his company, it's progress and how he balances fundraising with advancing the business....

By Adam Burroughs

May 19, 2022

When to incorporate investor feedback and when to ignore it

Co-Pilot Co-founder and CEO Matt Spettel on launching the company, what he learned through fundraising, and what it's like going through a rebrand when investors are involved....

By Adam Burroughs

May 6, 2022

How Catch Co. Caught On With Investors

Catch CEO Ross Gordon on how the company caught on with investors, and where they go after the company raised a $38 million Series B....

By Adam Burroughs

April 28, 2022

Capital alignment and speaking investors' languages

Amicus.io CEO and Co-Founder Cor Hoekstra, talks prior to the company's acquisition by TIFIN about attracting investors, differentiation, and what he sees as the future for the company. ...

By Adam Burroughs

April 28, 2022

How NOBULL builds a community of fans and attracts growth capital

NOBULL Co-Founder and CEO Marcus Wilson on the myriad lessons learned on his — and the company’s — whirlwind journey, including what investors bring to the table beyond funding and why building an engaged community of loyal customers has been the real key to success....

By Adam Burroughs

April 22, 2022

Ohio draws increasing Silicon Valley attention with OVO Fund III raise

The recently launched Palo Alto-based OVO Fund III has closed after reaching its goal of $50 million. And it achieved that mark with help from an Ohio syndicate of investors whose combined $8 million for OVO Fund III makes them one of the more substantial investors in the Silicon Valley-based OVO Fund....

By Adam Burroughs

April 14, 2022

Tim Wallace On Making Raising Capital Part of The Job

Tim Wallace talks about his vast experience founding companies and growing them into wildly successful businesses. ...

By Adam Burroughs

April 8, 2022

Raising Capital and Growing Businesses in the Health Care Industry

Within3's Lance Hill, along with Huntington Bank's Jamie Lynch and John Langenderfer, University Hospitals Health System's Eric Beck, and ValueHealth's John Palumbo explore how health care entrepreneurs fuel growth....

By Adam Burroughs

April 1, 2022

Capital is not a differentiator

Physna's Paul Powers, Blacksmith Applications' Terry Ziegler and Fifth Third's Jeremy Gutierrez and Joshua Sosland talk about building strong capital stacks to finance growth....

By Adam Burroughs

March 23, 2022

What entrepreneurs can learn from investor feedback patterns

WeSpire Founder and CEO Susan Hunt Stevens talks about her company and experience raising capital....

By Adam Burroughs

March 23, 2022

Gerri Henwood on public vs private funding

Serial entrepreneur Gerri Henwood talks about her entrepreneurial experience as well as the differences — the pros and cons — of public and private funding....

By Adam Burroughs

March 11, 2022

Even for the best entrepreneurs, raising capital is always harder than it looks

Bloomscape Founder and CEO Justin Mast spoke with Dickinson Wright's Zan Nicolli about his venture and the process of raising capital from investors....

By Adam Burroughs

February 11, 2022

When pitching nascent opportunities, explain it so grandma would understand

Play One Up CEO Brandon Pitts talks about the growing esports industry, building Play One Up and how he pitches investors who might not be familiar with the opportunity....

By Adam Burroughs

January 7, 2022

Plan ahead to find deal success

Tri Star Energy's Wayne Acklen, Baker Donelson's Tonya Mitchem Grindon, Quorum Health's Alfred Lumsdaine and PNC Bank's Michael Johnson offer tips on financing your business to supercharge growth and how planning ahead can prepare buyers and sellers for just about any contingency....

By Adam Burroughs

December 16, 2021

Citymark Capital founder Daniel Walsh on launching the company

Daniel Walsh talks about launching Citymark Capital, building funds, creating value and the special place Austin holds in the company’s plans....

By Adam Burroughs

December 2, 2021

How Chris Molaro launched NeuroFlow

NeuroFlow co-founder Chris Molaro on changing the way mental health care is delivered, his most recent M&A deal, and the company’s future. ...

By Adam Burroughs

November 5, 2021

Addressing the structural barriers facing minority owned businesses

Della Clark, CEO of The Enterprise Center, talks about ways to create better access to capital for minority entrepreneurs and her newest project, an SBIC fund aimed at mature minority owned companies....

By Adam Burroughs

July 9, 2021

The benefits of crowdfunding

Jonathan Cohen, founder, CEO and president, 20/20 GeneSystems, shares best practices for effective crowdfunding as well as how to prepare pitches for different investor audiences. ...

By Adam Burroughs

June 18, 2021

Jonathan Herrick pursues growth at Benchmark

Jonathan Herrick, a St. Louis entrepreneur who’s now CEO of Benchmark, talks about its most recent acquisition of Contacts+, as well as what’s in store for 2021....

By Adam Burroughs

May 28, 2021

Paths to public: Mina Sooch on reverse merger vs IPO

Mina Sooch explains how the reverse merger process she took taking Ocuphire Pharma Inc. public compares to her prior IPO experiences....

By Adam Burroughs