Connecticut Innovations

Venture capital services for biotech, IT, and innovative sectors in Connecticut.
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About Connecticut Innovations

Connecticut Innovations is a company.. Connecticut Innovations offers products and services including Funding Programs and Investment Support.

  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Social
    *********
  • Legal Name Connecticut Innovations, Inc.
Operational Areas
Technology → Software Development & Engineering
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $481.47 K (USD), Grant

    Feb 27, 2012

  • Investors
    SBIR

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Connecticut Innovations

Connecticut Innovations offers a comprehensive portfolio of products and services, including Funding Programs and Investment Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Capital is provided to startups at various stages through venture funds

Strategic assistance and connections are offered to foster company growth

People of Connecticut Innovations
Headcount 50-200
Employee Profiles 28
Board Members and Advisors 15
Employee Profiles
People
Peter Longo
Senior Managing Director
People
Matthew Storeygard
Senior Managing Director, Investments
People
Ted Murphy
Vice President, Loan Officer
People
Lauren Carmody
Chief Marketing Officer

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Board Members and Advisors
people
Radenka Maric
Director
people
Colleen Cuffaro
Director
people
Terrence Cheng
Director
people
Michael Cantor
Chair

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Funding Insights of Connecticut Innovations

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $481,473
  • First Round

    (10 Aug 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2012 Amount Grant - Connecticut Innovations Valuation

investors

Sep, 2010 Amount Grant - Connecticut Innovations Valuation

investors

Aug, 2010 Amount Grant - Connecticut Innovations Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Connecticut Innovations

Connecticut Innovations has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SBIR and OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
Founded Year Domain Location
Federal innovation and scientific achievement services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Connecticut Innovations

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Connecticut Innovations

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Connecticut Innovations Comparisons

Employees
+
Add Comparison
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Competitors of Connecticut Innovations

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Connecticut Innovations

Frequently Asked Questions about Connecticut Innovations

What does Connecticut Innovations do?

Connecticut Innovations is identified as the states venture capital arm, where financing and support are extended to growing companies in areas such as biotech and IT. Various funds, including the ClimateTech Fund and Bioscience Innovation Fund, are utilized to invest in early-stage ventures, while events and programs facilitate connections among entrepreneurs. A focus is placed on diverse ideas and industries, with resources provided for talent acquisition and ecosystem development, ensuring ongoing assistance is given to foster innovation.

What products or services does Connecticut Innovations offer?

Connecticut Innovations offers Funding Programs and Investment Support.

Who are Connecticut Innovations's investors?

Connecticut Innovations has 2 investors. Key investors include SBIR, and OSTI.GOV.

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