Conscious Venture Lab

Conscious Venture Lab is an early-stage business accelerator based in Baltimore, Maryland, established in 2013. The firm is dedicated to nurturing purpose-driven companies that aim to leverage capitalism for a more just, joyful, and equitable society. It focuses on various sectors, including cybersecurity, biotechnology, technology infrastructure, consumer products, and gaming, among others. Conscious Venture Lab typically invests between $25,000 and $50,000 for equity stakes of 5 to 10 percent. The accelerator runs a six-month program designed for teams with a minimum of three members. The initiative honors the legacy of David B. Wolfe and incorporates insights from leading thinkers in Conscious Capitalism, fostering the development of "Companies that Matter."

Jeffrey Cherry

Founder / Executive Director

Past deals in Maryland

Givhero

Seed Round in 2022
GivHero, Inc., founded in 2017 and based in Gaithersburg, Maryland, offers a health and fitness mobile application tailored for employees. This platform enables users to set and achieve personal health goals, such as running, biking, weight loss, and managing blood sugar levels. GivHero enhances employee engagement by connecting their health objectives to social causes they care about, allowing employers to provide motivation through sponsorship and rewards tied to these causes. By fostering a culture of wellness, GivHero aims to boost productivity and lower long-term insurance costs, while simplifying the administration of wellness programs through its automated system.

Gridlion

Seed Round in 2017
At GridLion we make energy management cool. We're different than energy management companies who push solutions that offer no real control and fail to deliver measurable ROI. Our clients save an average of 30% on energy due to our unique approach. We understand that meaningful value comes when managing energy is an operational business strategy, not just an engineering challenge, and we know that energy is just one of many things your business worries about. We give you visibility and control over energy, so you can solve other big problems. GridLion is dedicated to serving its communities. As part of this commitment, we will to contribute the equivalent of 5% of our profit to programs and initiatives that help Baltimore families and create opportunity.

Hungry Harvest

Seed Round in 2014
Hungry Harvest LLC, founded in 2014 and based in Baltimore, Maryland, is a food and beverage company focused on creating a sustainable food system. It sources and delivers surplus produce, including organic fruits and vegetables, directly to customers' doors on a weekly or bi-weekly basis. The company's offerings include customizable boxes that feature a variety of leafy greens, vegetables, and fruits. By recovering excess produce from farms, Hungry Harvest not only provides fresh, nutritious options for consumers in Baltimore, Washington D.C., Philadelphia, and nearby areas but also ensures that farmers receive compensation for their surplus products.

Self Spark

Seed Round in 2014
Self Spark is a social enterprise that helps people make measurable changes in their lives through science-based events. The company offers information on life hacks and tricks that enable people to improve themselves using science and technology. It allows people to learn about tools that can improve their lives with a day of hands-on assistance to ensure those changes will stay. Founded in 2012 by James Norris, Self Spark is based in Columbia, Maryland.
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