Gaingels

Gaingels is a venture capital investment firm founded in 2014 and based in Burlington, Vermont. It specializes in investing in companies led by LGBT+ founders and C-suite leaders across various stages of growth, as well as in established firms aiming to create more inclusive teams. With a global portfolio of over 130 companies and $70 million in investment capital deployed, Gaingels actively supports its portfolio by helping to identify and recruit diverse talent for leadership roles. The firm fosters a vibrant community of industry leaders, investors, operators, and entrepreneurs who are united in their mission to drive positive social change through business and successful investments.

Marc Baum

Investor

Jesse Curran

Principal

Ashley Flucas

Venture Partner

Max Frenkel

General Partner

Todd Havill

Research Operations and Principal, Investment

Surya Jayaweera

Angel Investor

Jennifer Jeronimo

CEO and General Partner

Jake Prigoff

General Partner

Peter Steinberg

General Partner

Alexandra Tanner

Investor

Lorenzo Thione

General Partner

Past deals in Image Recognition

VerImmune

Seed Round in 2022
VerImmune, based in Baltimore, Maryland, is an immuno-oncology company focused on developing innovative cancer therapies through a unique approach called Anti-tumor Immune Redirection. The company employs proprietary virus-inspired particles, known as Anti-tumor Immune Redirection Virus-inspired Particles (AIR-ViPs), which harness pre-existing immune memory from past infections or childhood vaccinations to target tumors. This strategy aims to offer a new treatment option for patients with limited alternatives or those who have developed resistance to conventional cancer therapies. VerImmune's technology seeks to deliver low toxicity and sustainable benefits across a wide array of cancers, potentially reshaping the treatment landscape for difficult-to-treat cases.

Magnetic Insight

Series B in 2022
Magnetic Insight, Inc. specializes in magnetic particle imaging (MPI), a novel imaging modality that detects iron oxide nanoparticle tracers using time-varying magnetic fields. The company has developed several key products, including the MOMENTUM imager, a pre-clinical MPI solution that produces detailed images through advanced reconstruction techniques, and VivoTrax, a nanoparticle designed for cell tracking and as a blood pool agent in pre-clinical studies. Additionally, the company offers Hyper, a module for localized magnetic hyperthermia, and Relax, which focuses on particle relaxometry. Founded in 2012 and based in Alameda, California, Magnetic Insight is dedicated to enhancing preclinical diagnostics and research by enabling quantitative cell tracking, imaging vascular functions, and detecting metastatic tumors, thereby addressing significant challenges in clinical and translational research.

Base64

Seed Round in 2022
Base64.ai is a startup focused on automating document processing using Generative AI and Large Language Models. It aims to transform the $100 billion Intelligent Document Processing market by offering the ability to understand various document types without requiring training. The platform can process over 2,800 document types, extracting information such as OCR text, data, handwriting, photos, and signatures. It verifies the extracted information and integrates it into customers' systems, significantly reducing manual data entry tasks and enhancing productivity. The company has filed four patent applications and boasts over 400 no-code integrations. As of recent reports, it has achieved a GAAP annual recurring revenue of $1.2 million, with a notable growth rate. Founded by Ozan Bilgen, who has a background in software engineering at major tech firms, Base64.ai secured $2 million in funding in 2022 from investors including Long Journey Ventures, Prime Zero, and Sequoia Scout.

Kneron

Series B in 2021
Kneron, Inc. specializes in designing and developing integrated software and hardware solutions for edge artificial intelligence (AI). Founded in 2015 and headquartered in San Diego, California, with additional offices in Taiwan and China, Kneron provides a range of products including neural processing units (NPUs), AI System-on-Chips (SoCs), and visual recognition software. These solutions cater to various applications such as smart homes, smart surveillance, smartphones, robots, drones, and Internet of Things (IoT) devices. Kneron's technology enables real-time recognition, inference, and analysis without the need for a cloud connection, facilitating quick deployment of AI applications across different sectors. The company's goal is to enhance everyday devices with AI capabilities, contributing to the development of an Edge AI network.

Scopio

Venture Round in 2021
Scopio, LLC is an image search engine and licensing platform that focuses on trending images and videos from social media. Established in 2015 and headquartered in New York, the company utilizes artificial intelligence to facilitate the discovery and licensing of user-generated content. Its platform allows businesses, brands, non-governmental organizations, and live events to access a vast library of authentic and diverse photos, enabling them to customize messages and build their visual content libraries. Additionally, Scopio streamlines the copyright process for these images and videos, making it easier for users to search, license, publish, and analyze visual content sourced from social media.

EIO Diagnostics

Seed Round in 2021
EIO Diagnostics Inc. is a Canadian company that focuses on developing innovative solutions for dairy farmers, specifically targeting the early detection of mastitis infections in dairy animals. Founded in 2017 and headquartered in Duncan, Vancouver, the company has created the FirstLook Mastitis detection system, which employs a multispectral sensor to capture images of the udder as animals enter the milk parlor. This technology utilizes artificial intelligence and computer vision to identify early indicators of infection, enabling farmers to take preventive measures. By automating the mastitis detection process, EIO Diagnostics aims to enhance livestock health, improve milk quality, and reduce the labor and costs associated with managing udder infections.

Nines

Series A in 2019
Nines is the first-of-its-kind teleradiology practice. Our radiologists and engineers are on a mission to build world-class tools in-house to enable the best radiologists to deliver the best patient care.
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