Success. Period. Full Stop.
Here’s a run-down of some cool things that the companies in the JumpStart Ventures portfolio accomplished this month:
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Synapse Biomedical, which has a diaphragm pacing device to aid breathing for people with ALS or spinal cord injuries, confirmed that it is on track to more than triple last year’s revenue.
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Embrace Pet Insurance has surpassed its budget four of the past four months and is among the top-two in the industry in customer satisfaction.
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MAR Systems, which has a water treatment technology, is working with pilot customers; with one of those customers, MAR has proven that its technology is greater than 1000 times more efficient at removing mercury from waste water than the incumbent technology.
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Myers Motors, an all-electric vehicle company, announced its two-seater design. One blogger wrote “I do wonder whether Myers may have just eaten Aptera’s lunch with this update.”
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Stanton Advanced Ceramics, which offers a non-traditional ceramic composite material that makes refractories more energy efficient and longer lasting, brought on paying customers with a coating version of its FireSlayer technology.
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CardioInsight Technologies, which has an electrocardiographic imaging technology and whose CEO has very successfully commercialized numerous cardiac technologies (raised $200 million, did IPO, etc), reached agreement with five key centers in the US and Europe to conduct clinical studies.
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iGuiders, which offers guided Internet search, forged a key partnership with an industry player and this partnership is potentially worth $23 million over five years.
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Knotice, year-to-date, has increased the number of customers in key industries (retail, hospitality, consumer products, cable and telco, and financial services) by 75%, while growing revenue 50% and net income over 400% versus the same period of time in 2008.
They make these types of accomplishments every month. We catalog these accomplishments internally, and I’m going to be blogging about these more frequently externally. I think you’ll be impressed by the catalog of accomplishments these entrepreneurs achieve every single month. I know I am.
Becca Braun is President of JumpStart Ventures. She founded and led a number of early-stage companies and organizations, as well as worked as a private equity investor and management consultant. She received her MBA from Harvard Business School and her BA in Linguistics from Harvard University. She is keenly interested in the intersection of wealth creation and broad-based regional economic growth.