About CincyTech
CincyTech is a venture capital firm founded in 2006. It is primarily based out of Cincinnati, United States. As of Dec 2023, CincyTech has invested in 83 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and Consumer. Most recently it participated in the $***** Seed round of Tembo Overall, CincyTech portfolio has seen 4 IPOs and 17 acquisitions including key companies like Losant, Assurex Health and Standard Bariatrics. A lot of funds co-invest with CincyTech, with names like Queen City Angels sharing a substantial percentage of its portfolio. CincyTech has team of 26 people including 7 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
CincyTech's List of Top Investments
CincyTech has a portfolio of 83 companies. Their most notable investments are in Blue Ash Therapeutics and Ahalogy.Their portfolio spans across United States and United Kingdom. They have invested in Enterprise Applications, Life Sciences, Consumer and 18 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by CincyTech:1. Losant
Provides a cloud-based platform for IOT application development. It provides device-based connectivity through its available tools and libraries using open industry standards like MQTT and REST and supports a variety of hardware. Its platform comes with a dashboard to create an application, connect a device, and create a workflow. The functionality provided by it includes device management, real-time data collection and visualization, and reactions.
Key facts about Losant
- Founded Year: 2015
- Location: Cincinnati (United States)
- Stage: Acquired
- Total Funding till date: $25.2M
- Employee Count: 16 as on Nov 04, 2025
- Investors: Revolution, Techstars and 3 Others
- Latest Funding Round: Series B, Oct 11, 2023, $*****
- Highlight: Acquired
2. Astronomer
Cloud-based platform for data pipelines. It is a hosted data pipeline service that can be used to connect various data sources like Oracle, MySQL, Salesforce, etc to destinations like cloud platform amazon redshift, bi tools, google analytics, and website analytics tools like kissmetrics. The company also provides implementation services to the companies with no data engineer.
Key facts about Astronomer
- Founded Year: 2015
- Location: Cincinnati (United States)
- Stage: Series D
- Total Funding till date: $376M
- Employee Count: 4,633 as on Mar 31, 2026
- Investors: Meritech, Bain Capital Ventures and 27 Others
- Latest Funding Round: Series D, May 01, 2025, $*****
- Highlight: Editors' Pick
3. Roadtrippers
Roadtrippers provide an app and web platform which allows users to pin their bucketlist of destinations and help plan their road trip, not just with basic driving directions but also scouts for any interesting places and things to do along the way.
Key facts about Roadtrippers
- Founded Year: 2011
- Location: Cincinnati (United States)
- Stage: Series C
- Total Funding till date: $15.8M
- Employee Count: 28 as on Jul 01, 2024
- Investors: Ludlow Ventures, The Brandery and 3 Others
- Latest Funding Round: Series C, Jun 02, 2017, $*****
- Highlight: Editors' Pick
Provider of protein replacement therapy to prevent and treat lung disease. It offers AT-100 (rhSP-D) an engineered version of an endogenous protein that reduces inflammation and infection targeting bronchopulmonary dysplasia in newborns.
Key facts about Airway Therapeutics
- Founded Year: 2011
- Location: Cincinnati (United States)
- Stage: Series C
- Total Funding till date: $37.9M
- Employee Count: 13 as on Jul 19, 2025
- Investors: KTECH Capital, Cincinnati Children’s and 2 Others
- Latest Funding Round: Series C, Jan 08, 2020, $*****
- Highlight: Editors' Pick
5. Stack
Provider of construction takeoff and estimating software. It helps contractors and subcontractors in the construction industry for coming up with estimations for bidding. The tool allows contractors to measure and count using digital blueprints online without having to download them. Colour coding on the blueprint automatically calculates the area, distance, and volume of the construction and tells contractors how much of each material they will need so they can accurately predict their costs for the project.
Key facts about Stack
- Founded Year: 2010
- Location: Cincinnati (United States)
- Stage: Series B
- Total Funding till date: $29.3M
- Employee Count: 85 as on Dec 31, 2022
- Investors: Level Equity and CincyTech
- Latest Funding Round: Series B, Aug 04, 2025, $*****
- Highlight: Editors' Pick
CincyTech's Year-on-Year Investment Trends
CincyTech has invested in 83 companies over the last 17 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Tembo and most recent follow-on round was in Invirsa.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 4 | 2 | 6 |
2022 | 1 | 2 | 3 |
2021 | 2 | 0 | 2 |
2020 | 1 | 1 | 2 |
2019 | 3 | 1 | 4 |
2018 | 1 | 4 | 5 |
2017 | 6 | 2 | 8 |
CincyTech's Investments by Stage
CincyTech has made 52 investments in Seed stage with an average round size of $1.36M, 11 investments in Series A stage with an average round size of $8.66M, 2 investments in Grant (prize money) stage with an average round size of $10K and 2 investments in Series B stage with an average round size of $6.42M.Stage of entry | No. of Investments |
|---|---|
Seed | 52 |
Series A | 11 |
Grant (prize money) | 2 |
Series B | 2 |
Note: We have considered here, only first round of investments
CincyTech's Investments by Sector
CincyTech has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, Consumer, High Tech and HealthTech. Notably, it has invested in 72 Tech companies, 58 Enterprise (B2B) companies, 40 Software companies and at least 22 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 31 |
Life Sciences | 16 |
Consumer | 15 |
High Tech | 10 |
HealthTech | 8 |
Others | 55 |
Note: We have considered here, only first round of investments
CincyTech's Investments by Geography
CincyTech has made most investments in United States (66), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 66 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
CincyTech's recent investments
CincyTech has not made any investment in 2026 so far.Here are the most recent investments by CincyTech:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 15, 2023 | United States | Seed | 3768 | [+2] | |
Jun 14, 2023 | United States | Series B | 7600 | [+2] | |
May 23, 2023 | United States | Seed | 9251 | - | |
May 23, 2023 | United States | Series B | 2017 | [+1] | |
Apr 18, 2023 | United States | Seed | 3072 | [+1] |
IPOs and Publicly Listed companies in CincyTech's Portfolio
4 of CincyTech's portfolio companies have become public. Onconetix got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Feb 2022 and Blue Water Vaccines got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $99.4M.Here are CincyTech's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2022 | Jul 09, 2019 | Seed | 9661 | |
Feb 18, 2022 | Jul 15, 2019 | Seed | 1882 | |
Aug 09, 2017 | - | - | 3727 | |
Mar 20, 2014 | - | - | 2272 |
Acquired companies in CincyTech's Portfolio
17 companies from CincyTech's portfolio have been acquired. The most recent acquisition were Losant in Feb 2026 by Suse.Here are CincyTech's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 19, 2026 | Aug 24, 2016 | Series A | 5333 | |
May 02, 2025 | - | - | 2150 | |
Apr 02, 2024 | Mar 20, 2019 | Series A | 8996 | |
Aug 22, 2022 | May 16, 2016 | Seed | 5650 | |
Aug 09, 2022 | Apr 30, 2017 | Series A | 8141 |
Team profile of CincyTech
CincyTech has a team of 26 members including 7 Partners, 2 Venture Partners and 2 Principals located in United States. CincyTech's team does not sit on the board of any company as of now.Here is a list of top team members in CincyTech:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Cincinnati | - | - | |
Partner | Cincinnati | - | - | |
Partner | - | - | - | |
Partner | Cincinnati | - | - | |
Partner | Cincinnati | - | - | |
Partner | Cincinnati | - | - | |
Partner | Mason | - | - | |
Venture Partner | - | - | - | |
Venture Partner | Cincinnati | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Co-investors of CincyTech
Over the past 17 years, 173 investors have co-invested in CincyTech's portfolio companies. This includes funds and angels.
- Invested before CincyTech: The Brandery, AngelPad and 9 others have invested in rounds before CincyTech. There are 8 companies where The Brandery has invested before CincyTech and 1 company where AngelPad has invested before CincyTech.
- Top Co-investors of CincyTech: 49 investors entered a company along with CincyTech. These include investors like Queen City Angels (6 companies).
- Invested after CincyTech: A total of 113 investors have invested in CincyTech's portfolio after their investments. Top Investors include JobsOhio (5 companies), SVB (4 companies) and Queen City Angels (4 companies).
Recent News related to CincyTech
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CincyTech CEO Mike Venerable to exit, partner at Cincinnati law firm tapped as successorThe Business Journals•Dec 14, 2023•CincyTech
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Invirsa Closed $7.7M Series B FinancingSilicon Valley Journals•Jun 14, 2023•Invirsa, CincyTech, Rev1 Ventures, JobsOhio and 1 other
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Amify has Closed Its Series B FundingPR Newswire•May 23, 2023•Amify, SaaS Ventures, Mercury Fund, CincyTech
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Voxel Announces Seed Financing to Drive Additive Manufacturing with AI Design PlatformBusiness Wire•May 23, 2023•Voxel, CincyTech
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Amify Closes USD10M Series B FundingFinSMEs•May 23, 2023•Amify, Mercury Fund, CincyTech, SaaS Ventures
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Genetesis Closes $17.5M Series C FinancingFinSMEs•Oct 07, 2022•CincyTech, Ohio Innovation Fund, JobsOhio, Cercano Management and 2 others
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Neo-banking crypto startup Juno raises $18 million led by ParaFi CapitalMoneycontrol•Oct 01, 2022•Juno Online Services, ParaFi, Hashed, Jump Crypto and 15 others
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XII Medical Completes $30 Million Series A FinancingPR Newswire•May 05, 2022•XII Medical, Broadview Ventures, Cleveland Clinic, Aperture Venture Partners and 4 others