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JumpStart Ventures

VC

USB2B SaaSHealthtechEnterpriseAI/MLFintech

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Investment thesis

JumpStart Ventures backs transformative tech startups in Ohio and neighboring states, delivering top-quartile returns while driving economic impact in the region. The firm pursues founders and teams with unique market insights and commitment to high growth, targeting $1B+ addressable markets with clearly identified unmet needs and capital-efficient financial models. Its four funds — Evergreen, Focus, Healthcare Collaboration, and NEXT — provide a continuum of capital from pre-seed through Series A, with a particular emphasis on B2B software and healthcare. The Focus Fund specifically targets underrepresented entrepreneurs, and the Healthcare Collaboration Fund leverages a 'living laboratory' model in partnership with University Hospitals Ventures to accelerate commercialization of early-stage healthcare technologies.

Notable quotes

Capital begins with capital. We need more capital. I think what we can do a way better job of is storytelling. I'm a firm believer that we need to tell more of our stories.

Hardik Desai · Lay of the Land Podcast, Episode #69 · 2023

Predominantly we are having to bring investors together to help close out a round. So we spend way too much time, effort and energy in trying to build that syndicate to raise whatever the right amount is that the companies need to raise.

Hardik Desai · Lay of the Land Podcast, Episode #69 · 2023

Over the past 12 months, JumpStart has invested $15.5M in 40+ companies. With more than $150M under management across four funds, we invest across stages and sectors to help the founding team access the capital they need to go further, faster.

Hardik Desai · JumpStart Ventures Blog — JumpStart Ventures Hits A New Milestone In 2023 With 100 Active Portfolio Companies · 2024-01

Team

Hardik Desai

Managing Partner, NEXT Fund Manager

B2B SaaSHealthtechEnterprise

Karim Botros

Board Member and Chair, Investment Committee

Joshua Borstein, Ph.D.

Investment Principal

HealthtechB2B SaaS

Bethany George

Fund Manager, Evergreen and Focus Funds

B2B SaaSHealthtech

Will Stabler

Fund Operations Manager

Recent investments

CompanyRoundSizeDate
orthobrainOther Equity$8m2025-04
LunchTableSeed$2m2024-07
OnStationSeries A$9m2024-06
AbreSeries A$24m2024-04
AxuallSeries B$20m2023-06
OvationCXMSeries C$20m2022-09
Centerline BiomedicalSeries B$33m2022-06
CoverMyMedsSeed
SoLo FundsSeed
InvirsaSeries B$8m2023-06

Frequent co-investors

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