Connecticut Innovations

Connecticut Innovations

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Investment Firm

Overview

Connecticut Innovations provides strategic capital and operational insight to to companies in high-tech industries such as energy, biotechnology, information technology, and photonics. Their mission is to be the leading source of financing and ongoing support for Connecticut’s innovative, growing companies. By offering flexible financing, strategic guidance and introductions to valuable partners, Connecticut innovations enable promising businesses to thrive.

Highlights

Founded

1995

Industry

Information Technology

Employees

51-100

Investment

315

Lead Investment

103

Exits

49

Stages

Seed, Early Stage Venture, Late Stage Venture, Private Equity

Investor Type

Government Office, Venture Capital, Venture Debt

Location

United States, North America

Contact Information

Social

Profile Resume

Connecticut Innovations, established in 1995 and headquartered in United States, North America., specializes in Seed, Early Stage Venture, Late Stage Venture, Private Equity investments across Enterprise Software, Software, SaaS, Cloud Data Services, Document Management, E-Signature, Business Process Automation (BPA), Social Media, File Sharing, Mobile. The organization boasts a portfolio of 313 investments, with an average round size of $12.1M and 49 successful exits. Their recent investments include Frevvo, REMOTV, Continuity, LaunchCapital, First Round Capital. The highest investment round they participated in was $183.1B. Among their most notable exits are Frevvo and REMOTV. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Matthew J. McCooe

Matthew J. McCooe

CEO

imagePlace Patrick O'Neill

Patrick O'Neill

Managing Director, Venture Capital Investments

imagePlace Richard Guha

Richard Guha

Entrepreneur in Residence

imagePlace Peter V. Longo

Peter V. Longo

Senior Managing Director

imagePlace Kevin Crowley

Kevin Crowley

Senior Managing Director, Investments

imagePlace Stepheni J. Harpin

Stepheni J. Harpin

Investment Analyst

Investment portfolio

Connecticut Innovations has made 315 investments. Their most recent investment was on Aug 12, 2024, when Halda Therapeutics raised $126.0M.

Connecticut Innovations has made 67 diversity investments. Their most recent diversity investment was on Jul 24, 2024, when Aware Recovery Care raised $3.5M.

investments

315

Diversity investments

67

Lead investments

103

Number of exits

49

Investments

315

Annouced DateOrganization NameIndustryMoney Raised
Mar 20, 2024
Conduce Health Conduce Health
Health Care3.0M
Mar 28, 2024
Manifest Technologies Manifest Technologies
Artificial Intelligence (AI)null
Jul 24, 2024
Aware Recovery Care Aware Recovery Care
Service Industry3.5M
Aug 12, 2024
Halda Therapeutics Halda Therapeutics
Biotechnology126.0M

Exits

49

Funding Timeline

Funding rounds

315

Investors

0

Funds

2

Funding Rounds

315

Connecticut Innovations has raised 315 rounds. Their latest funding was raised on Aug 12, 2024 from a Series B - Halda Therapeutics round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Mar 20, 2024
Seed Round - Conduce Health Seed Round - Conduce Health
-3.0M-
Mar 28, 2024
Seed Round - Manifest Technologies Seed Round - Manifest Technologies
-0-
Jul 24, 2024
Venture Round - Aware Recovery Care Venture Round - Aware Recovery Care
-3.5M-
Aug 12, 2024
Series B - Halda Therapeutics Series B - Halda Therapeutics
-126.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

There is no recent news or activity for this profile.