Current Portfolio

APDSAmerican Prison Data Systems

Provides corrections systems with secure, ruggedized tablets and education content to improve prisoner rehabilitation and re-entry and to reduce recidivism.

Project Volunteers: Mark Colodny (Warburg Pincus); Jonathan Harber (EDge [formerly SchoolNet, Pearson]);  Ashish Rughwani (Dominus Capital)
Strategic Investment Area: Expanding Opportunity


Bionic-Sight                Bionic Sight

Company developing a prosthetic device to treat blindness. Spun out of Weill Cornell Medical

Project Volunteers: Allyson Rinderle (Aisling Capital), Martin Vogelbaum (Celgene), Howard Fillit (Alzheimer’s Drug Discovery Foundation), Lillian Oshva (NYU)
Strategic Investment Area: Seeding Future Growth


celmatix Celmatix

Biotech company that spun out of Weill Cornell that leverages predictive analytics and genomics to create products focused on the treatment of infertility and proactive fertility management.

Project Volunteers: Martin Vogelbaum (Celgene); William Slattery (Deerfield Partners); Misti Ushio (Harris & Harris Group); Elma Hawkins (Cerulean Advisors)
Strategic Investment Area: Seeding Future Growth


centripedal  Centripetal Networks

Provider of a cyber security system which can detect and stop millions of individual attackers without degrading network performance.

Fund Relationship: FinTech Innovation Lab
Strategic Investment Area: Seeding Future Growth


cureatr Cureatr

Early-stage technology company providing a messaging system that improves coordination of care among hospital staff.

Fund Relationship: Justin Walter and Jon Swope (Bank of America); Milestone Venture Partners; Cardinal Health
Strategic Investment Area: Seeding Future Growth


Digital Reasoning-logo  Digital Reasoning

Develops software that automates understanding and analytics for unstructured data such as emails, documents and social media.

Fund Relationship: FinTech Innovation Lab, Goldman Sachs, Credit Suisse
Strategic Investment Area: Seeding Future Growth


  Dual Therapeutics

Developer of therapeutics for prostate cancer, lung cancer, and acute lymphoblastic leukemia. Spun out of Mount Sinai. 

Fund Relationship: Bonnie Fendrock (Consultant), Martin Vogelbaum (Celgene), Dave Hickey (Siemens Healthcare Diagnostics), John Piwinski (JJPiwinski Pharma)
Strategic Investment Area: Seeding Future Growth/BioAccelerate Phase II


  Enigma

Provider of a technology platform to manage large datasets from multiple sources across a variety of formats.  The Company links a client’s private data with Enigma’s own database of billions of data points from 5,000+ domestic and international public sector sources.  Initial customers are in financial services and pharma.

Fund Relationship: FinTech Innovation Lab, NEA, Two Sigma Investments
Strategic Investment Area: Seeding Future Growth


epibone-logo  Epibone

Biotech company engineering stem cells into anatomically precise and patient-specific bone tissue replacements.

Fund Relationship: Allyson Rinderle (Aisling Capital); Carl Gordon (OrbiMed); Paddy Mullen (Discovery Ortho Partners); Lillian Oshva (NYU)
Strategic Investment Area: Seeding Future Growth


freelancers-union          Freelancers Union, Inc.

Brooklyn-based nonprofit that together with its wholly-owned, for-profit subsidiary, Freelancers Union Insurance Company (“FIC”), provided affordable health insurance to freelance workers.

Project Volunteers: Brian Kane and Jennie Peterson (Goldman Sachs); Paul Whitman (NY Life Insurance)
Strategic Investment Area: Expanding Opportunity


grameen-america  Grameen America

Non-profit microfinance organization that provides small business loans, savings programs, and other services to entrepreneurs living below the poverty line. A replication of Grameen’s Bangladesh micro-credit program, GA is an alternative to predatory payday loans.

Project Volunteers: Mark Aaron (Tiffany & Co.); Marianne Brown (Omgeo); Terri Ludwig (Enterprise Community Partners); Billy Rahm (Centerbridge Partners); Jim Wohn (Capital One Bank)
Strategic Investment Area: Expanding Opportunity


ics  Independence Care System

Non-profit, managed care organization providing health care for homebound Medicaid recipients with severe disabilities. The ICS’ target population is a labor-intensive niche that larger competitors choose not to serve.

Project Volunteers: Jeffrey Krauss (Psilos Group Managers)
Strategic Investment Area: Expanding Opportunity


karos  Karos Pharmaceuticals

Biotech company developing oral drugs for the treatment of pulmonary arterial hypertension.

Fund Relationship: New Leaf Venture Partners
Strategic Investment Area: Seeding Future Growth


Kasisto Logo  Kasisto, Inc.

A white-label intelligent virtual personal assistant that makes it dramatiaclly easier for consumers to access mobile banking on the go.

Fund Relationship: FinTech Innovation Lab
Strategic Investment Area: Seeding Future Growth


kings county logo  Kings County Distillery

Located in the Brooklyn Navy Yard, makes handmade, organic corn-based moonshine and bourbon in its distillery and offers a tasting room, open to the public.

Fund Relationship: Dolores Concepcion (consultant)Andrew Conway (Credit Suisse); Mark Johnson (Pepsi-Cola Bottling Co. of New York); T.J. Robertson (Le Du’s Wines); Brian Tolman (Studios Architecture)
Strategic Investment Area: Expanding Opportunity


Lodo Logo  Lodo Therapeutics

Life sciences company developing a discovery platform for small molecules derived from natural products to treat cancer, infections and diabetes. Spun out of Dr. Sean Brady’s lab at Rockefeller University.

Fund Relationship: Accelerator Corporation
Strategic Investment Area: Seeding Future Growth


NEW-LAB-LOGO          New Lab

Located in the Brooklyn Navy Yard, New Lab is an 84,000 SF collaborative design and fabrication workspace, bringing together a community of designers, entrepreneurs, corporations and academic institutions focused on design, prototyping and advanced manufacturing.

Project Volunteers: Barry Gosin (Newmark Grubb Knight Frank), Michael Hulbert (Estee Lauder), Steven Jureller (Cauldwell Wingate)
Strategic Investment Area: Seeding Future Growth


NY Genome Center  New York Genome Center

World-class hub for genome squencing. analytics, bioinformatics, high-performance computing and tranlational research — located in downtown Manhattan. The creation of NYGC was speared by all major academic research institutions in NYC.

Fund Relationship: Dov Goldstein and Brett Zbar (Aisling Capital); Perry Golkin (PPC Enterprises);Peter Meloro (Con Edison); Jo Natauri (Goldman Sachs)
Strategic Investment Area: Seeding Future Growth


accelerator_logo_140227  NY Accelerator Corp

A vehicle for capital-efficient investment in and management of emerging biotechnology opportunities in New York that was formed by a syndicate of top-tier venture capital investors and supported by a consortium of world-class research institutions.

Project Volunteers: Albert Hwang (Bank of America), Ron Lennox (formerly of Alia Ventures)
Strategic Investment Area: Seeding Future Growth


Bike Share-logo  NYC Bike Share

Privately-owned public bicycle sharing system that serves NYC. The Fund’s investment is funding Bike Share’s expansion to high-need communities in Harlem, Bedford-Stuyvesant and Crown Heights, among others.

Project Volunteers: Kurt Chauviere and John R. Gwin (McKinsey & Company), Tom Kuhn (Doorbrook LLC)
Strategic Investment Area: Public-Private Partnership


Petra-Pharma-Logo_RGB Petra Pharma

Petra is developing small molecules for the treatment of cancer and metabolic diseases. Spun out of Dr. Lewis C. Cantley’s lab at Weill Cornell Medical.

Fund Relationship: Accelerator Corporation
Strategic Investment Area: Seeding Future Growth


pin-pharma PIN Pharma

Early-stage, bio-pharmaceutical company which develops immuno-therapeutic drugs targeted at breast and colon cancer.

Fund Relationship: NGN Capital
Strategic Investment Area: Seeding Future Growth


red-rabbit  Red Rabbit

Located in Harlem, RR provides healthy breakfast, lunch and snacks to NYC charter, private, preschool and afterschool programs, approximately 75% of which serve low income children. Proceeds from financing enabled RR to build out a new 2,000 SF finishing kitchen in Brooklyn.

Project Volunteers: Don Jones (Verite Capital Partners); Brett Traussi (The Dinex Group); Elena Day (NYC Charter School Center); Mark Aaron (Tiffany & Co)
Strategic Investment Area: Expanding Opportunity


Repairogen - logo - 222 x 47  Repairogen

Developer of anti-aging cosmetics and therapeutics for DNA damage-related skin aging and disease. 

Fund Relationship: Highline Venture Partners
Strategic Investment Area: Seeding Future Growth/BioAccelerate Phase II


  RevolutionCredit

Provider of software-as-a-service (SAAS) behavioral data and analytics platform for consumer credit decisions.  RevCredit uses gamification and financial literacy tests to identify upwardly-mobile customers who will perform 1 – 2 credit risk bands higher than their current credit score  

Fund Relationship: FinTech Innovation Lab
Strategic Investment Area: Seeding Future Growth


rgenix  Rgenix

Early stage, pre-clinical oncology therapeutics company. Spun out of Dr. Masoud Tavazoie’s lab at Rockefeller University. 

Fund Relationship: Noel Brown (Cantor Fitzgerald); Jennifer Foley (consultant); Liam Ratcliffe (New Leaf Venture Partners); Martin Vogelbaum (Celgene)  
Strategic Investment Area: Seeding Future Growth/BioAccelerate Phase II


scratch-music  Scratch Music Group

Media services, marketing and logistics company which provides professional Disc Jockeys (“DJs”) for corporate, hotel/resort, consumer and retail in-store clients. Scratch also operates DJ Academies.

Project Volunteers: Mark Aaron (Tiffany & Co); Pattie Lee (Macy’s); Lisa Walker (Macy’s) Strategic Investment Area: Seeding Future Growth


  Tara Biosystems

Biotech company developing“heart-on-a-chip” tissue models for both toxicology and drug discovery applications that spun out of Columbia University.

Project Volunteers:  Rachna Khosla (Amgen); Lisa Ricciardi (consultant); Stacey Seltzer (Aisling Capital); Martin Vogelbaum (Celgene)  Strategic Investment Area: Seeding Future Growth


trueex  trueEx

trueEX is developing a new regulated exchange for interest rate swaps (IRS) and credit default swap (CDS) indices to address new requirements under Dodd-Frank that will make it illegal to trade standardized swaps outside of regulated exchanges.

Fund Relationship: Welsh, Carson, Anderson & Stowe Partners 
Strategic Investment Area: Seeding Future Growth


voxy-logo-png      Voxy

Early-stage tech company offering language learning services online and through mobile applications— its initial focus is teaching English to native Spanish and Portuguese speakers. Voxy takes content from news articles, social feeds, text messages and Internet sites and turns them into language lessons, which the user can access directly via mobile device, email, text message and web.

Project Volunteers: Jonathan Grayer, Steven Berger and Justin Kulla (Weld North)
Strategic Investment Area: Seeding Future Growth