Blu Venture Investors

Blu Venture Investors, LLC is a venture capital and private equity firm based in Vienna, Virginia, established in 2010. The firm specializes in seed and early-stage investments, focusing on technology companies across various sectors, including software, cybersecurity, healthcare technology, and digital media. It actively seeks opportunities in disruptive technologies related to materials, chemicals, and biological sciences, as well as solutions for the defense and intelligence communities. Blu Venture Investors typically invests between $0.05 million and $3 million in each funding round and often collaborates with other investment groups for larger financings. The firm prefers to acquire majority stakes and is involved in governance by taking board seats and providing mentorship, leveraging the extensive experience of its investors, who are seasoned executives from diverse industries. Its investment activities primarily target the mid-Atlantic region, including Maryland, Virginia, Washington D.C., and North Carolina.

Bikram Bakshi

Partner, Member of Cyber Investment and Cyber Fund Investment Committees

Lily Bengfort

Partner and Member of Cyber Investment Committee

Joe Callanan

Partner and Cyber Fund Administrative Committee Member

Mike Denning

Partner

Benjamin Ebenezer

Managing Principal

Bill Fields

Venture Partner

Deb Fitzgerald

Partner

Matt Gittleman

Partner

Donya He

Partner

Howard Horowitz

Venture Partner

Pradeep Kaul

Partner

Sassan Kimiavi

Partner and Innovations Investment Committee Member

Mike Kostoff

Partner

Pawan Malhotra

Partner and Member of Executive Committee, Cyber Fund Investment Committee and Innovations Investment Committee

Joshua Miller

Senior Vice President

Josh Miller

Senior Associate

Theodore Olsen

Venture Partner

Hal Shelton

Partner

Paul Silber

Founding Partner

Robert Struble

Partner and Cyber Fund Investment Committee Member

Tarun Upadhyay

Partner and Member of Cyber Investment Committee

Pradeep Wahi

Partner

J.S. Gamble

Co-Founder, Managing Partner and Executive Committee and the Cyber Fund Administrative Committee Member

Past deals in District of Columbia

Ostendio

Series A in 2021
Ostendio, Inc. is a provider of healthcare information security and risk management solutions, catering specifically to healthcare companies and medical device manufacturers. Founded in 2013 and headquartered in Arlington, Virginia, with an additional office in Washington, D.C., Ostendio offers a cloud-based platform known as MyVirtualComplianceManager (MyVCM). This platform enables organizations to assess risks, create and manage critical policies, train employees on security awareness, and ensure continuous compliance with over 150 security frameworks. The company's services also include performance testing, cybersecurity and risk assessment program development, and security training. Ostendio's clientele comprises various organizations, including Arlington Free Clinic, NexusTek, Babyscripts, MedStar Health, and Curatio, reflecting its commitment to enhancing information security in the healthcare sector.

Ostendio

Seed Round in 2017
Ostendio, Inc. is a provider of healthcare information security and risk management solutions, catering specifically to healthcare companies and medical device manufacturers. Founded in 2013 and headquartered in Arlington, Virginia, with an additional office in Washington, D.C., Ostendio offers a cloud-based platform known as MyVirtualComplianceManager (MyVCM). This platform enables organizations to assess risks, create and manage critical policies, train employees on security awareness, and ensure continuous compliance with over 150 security frameworks. The company's services also include performance testing, cybersecurity and risk assessment program development, and security training. Ostendio's clientele comprises various organizations, including Arlington Free Clinic, NexusTek, Babyscripts, MedStar Health, and Curatio, reflecting its commitment to enhancing information security in the healthcare sector.

NewConnect

Venture Round in 2017
NewConnect LLC, established in 2011, specializes in fixed wireless broadband services within the Washington, D.C. Metro market. The company caters to enterprise businesses, non-profits, associations, and government agencies, offering high-speed Internet access via dedicated Internet access, Ethernet private line, wireless fiber, and multi-ISP network solutions. Its proprietary next-generation network is designed to overcome underground telecom infrastructure challenges, delivering swift installations and reliable cloud connectivity. NewConnect positions itself as an alternative to traditional phone and cable companies, focusing on providing superior technology and customer service for commercial buildings and organizations in the region.

Interfolio

Series A in 2016
Interfolio, Inc. is a provider of an advanced online platform focused on higher education credential management and decision-making services for academic institutions. Founded in 1999 and based in Washington, D.C., the company offers a comprehensive Faculty Information System that supports the entire lifecycle of faculty work, including hiring, annual reviews, and scholarly data management. Interfolio's platform enables users to collect, organize, and review candidate materials, while also assisting in faculty search and tenure reviews. Its Dossier feature allows scholars to manage their academic documents and confidential recommendations effectively. By transitioning academic processes from legacy systems to cloud-based solutions, Interfolio aims to enhance productivity and reduce costs for colleges and universities. The company serves a diverse array of organizations, including notable institutions such as Johns Hopkins, Brown, and Stanford, establishing itself as a leader in faculty-first technology within the higher education sector.

Interfolio

Seed Round in 2013
Interfolio, Inc. is a provider of an advanced online platform focused on higher education credential management and decision-making services for academic institutions. Founded in 1999 and based in Washington, D.C., the company offers a comprehensive Faculty Information System that supports the entire lifecycle of faculty work, including hiring, annual reviews, and scholarly data management. Interfolio's platform enables users to collect, organize, and review candidate materials, while also assisting in faculty search and tenure reviews. Its Dossier feature allows scholars to manage their academic documents and confidential recommendations effectively. By transitioning academic processes from legacy systems to cloud-based solutions, Interfolio aims to enhance productivity and reduce costs for colleges and universities. The company serves a diverse array of organizations, including notable institutions such as Johns Hopkins, Brown, and Stanford, establishing itself as a leader in faculty-first technology within the higher education sector.
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