Investor Type | Firm |
Type of Fund | Angel network |
Industries | Software (Web Marketplace Saas..) • Other • IT (& TMT) • Education • Businesses Solutions • Hardware (& Manufacturing) • Logistics (& Distribution) • Life Science |
Stages | Early,Seed |
Founded in 2006 and based in Cleveland, Ohio, North Coast Ventures is an angel investment group that specializes in seed and early-stage capital investments. They primarily target the information technology, life sciences, advanced materials, and electronics and control sectors. By providing early-stage capital, North Coast Ventures aims to support the growth of startups, particularly those developing innovative SaaS solutions. Their investment thesis is centered on identifying high-potential entrepreneurs and providing them with not just capital but also on-demand access to intellectual capital through their member network. They have established deep links to corporate decision-makers, which they leverage to generate game-changing opportunities for their portfolio companies. They are keen on finding 'SaaS Superstars', showcasing their commitment to this sector on their website. In addition to funding, they place great importance on enhancing transparency and efficiency through technology and automation in various industries, as evidenced by their investments in companies like Remesh, Axuall, Employstream, and Proformex. These companies offer solutions ranging from AI-organized real-time customer conversations to digital wallet technology for credentialing, onboarding automation, and candidate engagement platforms for staffing, and technology for increased transparency in the life insurance industry. North Coast Ventures operates with a philosophy that combines active investment with strategic support to help its portfolio companies succeed. Their website also indicates an openness to new members and offers updates on their ventures, indicating a community-focused and collaborative approach within the investment sector.