Opendorse on Pace to Become the Largest Sports Content Publisher by Year-End

Opendorse, a Serra Capital III portfolio company, has had a tremendous year so far, and is now being said to be on pace to become the largest content publisher for sports by the end of the year. The company has raised $9.5M since 2012 and has also moved into a new headquarters, and has revamped its tech.

Opendorse connects marketers with athletes to secure sponsored social media activations from the world's most influential athletes.

Source: https://www.adweek.com/digital/this-social-marketing-platform-is-on-pace-to-become-the-largest-sports-content-publisher-by-year-end/

GoSite and Cardea Make San Diego Venture Group “Cool Companies” List

GoSite, a newer Serra Capital III portfolio company, along with Serra II company Cardea, recently made the SD Venture Group’s “Cool Companies” list. The main criteria for making this list is a company’s ability to gain venture backing. Past lists of “Cool Companies” have proved that SDVG has insight into which companies are ready to raise (or, raise more), with 25 out of the 2017 and 2018 classes together raising more than $100 million in institutional Series A financing.

GoSite offers a complete, cloud-based software suite that makes it easy for the customers of local businesses to find, engage, book and pay for services online.

Cardea's focus is creating products and applications that enable precision healthcare by improving diagnostic ease, speed, and cost. Cardea is a biotech company based in San Diego, CA. Begun in late 2013, it is the first company to combine expertise in biology, nanotechnology, surface chemistry, engineering, and manufacturing to create practical and scaleable graphene biological field effect transistor (BioFET) products.

Source: https://xconomy.com/san-diego/2019/03/29/33-tech-startups-make-san-diego-venture-group-cool-companies-list/

RECONSTRUCT MAKES 50 HOT TECH COMPANIES GLOBALLY LIST

Reconstruct, a Serra Capital III and Serra Capital III SBIC company, was recently awarded a place on the “50 Hot Tech Companies Globally in 2019.” The list was put out by Crunchbase, using its data to carefully curate the top 50 tech companies in the world. Criteria to make the list included: having raised between $5 million and $20 million in the last six months and had not exited via IPO or acquisition..

Reconstruct’s platform provides analytics to construction managers including current, past, and future performance issues in 3D and productivity over the project’s timeline.

Source: https://about.crunchbase.com/blog/50-hottest-tech-companies-2019/

Serra Capital Invests in Two New Companies in Q2

Serra Capital III has had a busy second quarter with a lot of exceptional deal flow, leading to two new investments - Tillable and WebCareHealth.

Tillable is a Chicago-based company that is changing the way U.S. farmland is rented, making it easier than ever for landowners and farmers to grow.

WebCareHealth is Serra’s first investment in an Iowa-based company. WebCareHealth is located in Des Moines, IA and provides a platform for remote monitoring services to hospitals and clinics to improve the management of chronic diseases.

Reconstruct Raises $7.7M in Series A Funding

Reconstruct, a Serra Capital III portfolio company, has announced that it has raised $7.7M in Series A financing. The round was led by Cultivation Capital with participation from Serra Ventures and Seyen Capital.

Reconstruct provides a construction and real estate AI & Digital twin software platform with capabilities including indoor/outdoor views for project stakeholders to track and resolve project issues in a virtual environment before they impact cost and schedule.

Source: http://www.finsmes.com/2019/05/reconstruct-raises-7-7m-in-series-a-funding.html

Innara's NTrainer System® Positively and Safely Reduces the Use of Feeding Tubes in NICU

Innara Health, a Serra Capital I portfolio company, announced new research featuring the Company’s NTrainer System®. It was found that the device’s “pulsing” pacifier therapy improves feeding development in premature infants, specifically reducing feeding tubes for infants, getting them eating on their own much faster. Further, this reduces their length of neonatal intensive care unit (NICU) hospitalization stay.

Innara Health is a leader in feeding health products and applications and is dedicated to advancing the global understanding and improvement of neonatal feeding.

Source: https://www.globenewswire.com/news-release/2019/02/28/1744728/0/en/Innara-Health-s-NTrainer-System-Positively-and-Safely-Reduces-the-Use-of-Feeding-Tubes-for-Infants-in-the-NICU.html

Nanomedical Diagnostics Changes Name to Cardea

Nanomedical Diagnostics, a Serra Capital II portfolio company, has announced that it has changed its name to Cardea, to encompass internet biology of things.

Michael Heltzen, the new Co-CEO of Cardea says, “The name Cardea - the Roman goddess of hinges and therefore gates - underlines the pivotal and unique aspect of our proprietary graphene biosensor platform. We allow the biological molecules of interest to be the critical part of the electrical system that makes up our biosensors. This way we connect biology to the digital networks in a way the world has never seen before. This direct integration of biology and computing power gives us a live signal from the complex actions and interactions of the biology we normally think of as disease, health, drugs, food and more.”

Cardea is the world’s leading manufacturer and developer of breakthrough digital graphene biosensors that among other things are being used to power the Internet of Biology. Cardea’s mission is to help transform the life science and healthcare industries with innovative new capabilities that enable Cardea partners to offer the world next-generation pharmaceutical development and monitoring, rapid onsite diagnostics, and cutting-edge life science applications.

Source: https://www.prweb.com/releases/nanomedical_diagnostics_announces_company_name_change_to_cardea_to_encompass_internet_of_biology_initiatives/prweb16034251.htm

Spatial Powers First Social Media Segmentation For Real Estate

Spatial, a Serra Capital III portfolio company, has announced the launch of its newest GeoSocial dataset that organizes billions of social media content into actionable segments that reveals the characteristics of communities down to the very block group.

Spatial.ai is the world's first human-driven location dataset - built by categorizing billions of conversations from social networks into actionable consumer segments. Companies like Ford, SiteZeus, Payless, and Intalytics, all use GeoSocial data to predict demand, select locations and uncover the human-driven data that has a bottom line impact on their business.


Metactive Medical Among "12 Kansas City Startups to Watch in 2019"

Metactive Medical, a Serra Capital III portfolio company, was recently featured by Startland as one of “12 Kansas City Startups to Watch in 2019.” Metactive was chosen as a top 12 company from a pool of 250 companies, and was judged on leadership, disruptiveness, traction and the likelihood of major news in 2019.

Metactive is developing novel, endovascular medical devices for the treatment of peripheral and neurovascular diseases. Metactive's first products enable precise and immediate occlusion and rapid sealing of cerebral aneurysms and other target vessel segments using an over-the-wire microcatheter platform.

Source: https://www.startlandnews.com/2019/01/kansas-city-startups-to-watch/