CincyTech

CincyTech is a prominent seed-stage venture capital firm based in Cincinnati, Ohio, dedicated to fostering the growth of high-potential technology and life sciences companies within Southwest Ohio. Established in 2006, the firm plays a crucial role in stimulating regional economic development by providing not only capital but also strategic guidance and commercialization support to its portfolio companies. Its localized focus underscores a commitment to building a robust innovation ecosystem in the Midwest, particularly in its home state.

The firm primarily targets seed-stage companies, often serving as the first institutional investor. CincyTech's investment thesis centers on disruptive innovations within key sectors, including digital health, biotechnology, software, and advanced materials. They typically deploy initial investments ranging from $500,000 to $2 million, aiming to support companies through critical early development phases. This initial capital is often complemented by active engagement in strategic planning, talent acquisition, and market entry, leveraging their deep regional network.

CincyTech's long-term commitment to its portfolio is evident through its willingness to make follow-on investments, which can bring their total capital deployed into a single company up to $5 million or more. This sustained support helps companies scale and attract further capital from national and international investors. Since its inception, CincyTech has invested in over 100 companies, a testament to its active role in the regional startup scene. Collectively, these portfolio companies have successfully raised over $2 billion in follow-on capital, highlighting CincyTech's effectiveness in identifying and nurturing ventures with significant growth potential. Their model emphasizes not just funding, but also hands-on support to maximize the chances of success for Ohio-based innovators.