Rand Capital Corporation

DarioHealth is a digital health company that specializes in developing and commercializing proprietary technology for consumer health management. It offers a mobile, cloud-based diabetes management solution, which includes the Dario Blood Sugar Monitor and a multi-featured software application. This product allows users to monitor their blood glucose levels in real-time using smartphones and mobile devices. In addition to diabetes management, DarioHealth provides personalized, evidence-based interventions for other health issues such as hypertension, weight management, musculoskeletal pain, and behavioral health. The company operates internationally and generates revenue primarily from the sale of its Dario smart meter and related disposable test strips and lancets. Its approach combines data analytics, behavioral science, and software technology to deliver engaging and effective digital therapeutics interventions.

Centivo is a new type of health plan administrator that allows self-funded employers and clinicians to join forces and deliver high quality, affordable healthcare to their employees. An alternative to traditional insurance carriers or third-party administrators, Centivo offers the technology, network, claims processing, customer support, and population health management to fully administer health benefits for all or a portion of an employee population. The Centivo model emphasizes the partnership between individuals and their primary care team as the proper model to coordinate healthcare needs. Centivo’s clinical partners are dedicated to controlling costs and helping members navigate the healthcare system, aided by personalized patient/doctor matching tools. Members are rewarded for working with their primary care team and choosing high-value care and are supported through a user-friendly app and their concierge. Employers get an ally that diligently roots out waste and is accountable for performance. It was formed in 2017 and headquartered in New York, United States.

Tilson is an independent information technology project management company based in Maine, specializing in network deployment and professional services for telecom, construction, utility, and government clients. With a team of around 100 professionals, Tilson has experienced significant growth and operates globally. The company offers a range of services, including wireless site acquisition, construction, small cell and distributed antenna systems for mobile carriers, public safety initiatives, and smart grid applications. Additionally, Tilson provides technology capital project turnaround, information technology consulting, software development, project management, and information security services. The firm has established offices in Portland, Maine, Syracuse, New York, Pittsburgh, Pennsylvania, and Foley, Alabama.

Tilson is an independent information technology project management company based in Maine, specializing in network deployment and professional services for telecom, construction, utility, and government clients. With a team of around 100 professionals, Tilson has experienced significant growth and operates globally. The company offers a range of services, including wireless site acquisition, construction, small cell and distributed antenna systems for mobile carriers, public safety initiatives, and smart grid applications. Additionally, Tilson provides technology capital project turnaround, information technology consulting, software development, project management, and information security services. The firm has established offices in Portland, Maine, Syracuse, New York, Pittsburgh, Pennsylvania, and Foley, Alabama.

Grainful, operating as BeetNPath, LLC, is a food company specializing in chef-inspired entrées that incorporate the wholesome goodness of oats into convenient meal options for lunch and dinner. The company focuses on producing whole grain-based frozen foods that are accessible and affordable for consumers. Their products are crafted using steel-cut oats, which are gluten-free and rich in fiber, complete proteins, and essential nutrients. Grainful emphasizes the use of clean, natural ingredients in its offerings, ensuring that each meal is not only nourishing but also delicious.

PostProcess Technologies Inc. specializes in automated solutions for post-printing processes in additive manufacturing. Founded in 2014 and headquartered in Buffalo, New York, with an additional location in Sophia-Antipolis, France, the company develops a combination of software, hardware, and chemistry to streamline support removal and surface finishing for 3D printed parts. Its offerings include automated systems for resin removal and surface finishing, such as submersion and spray systems, as well as a range of consumables and hybrid products tailored for various industries, including aerospace, defense, automotive, consumer goods, dental, and medical sectors. By addressing the challenges of post-printing, PostProcess Technologies enhances production efficiency and precision across different 3D printing technologies.

ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.

ACV provides a pricing application (app) for franchise dealers. It offers ACV, a mobile auction platform that enables wholesale dealers to sell trade-ins by creating app-based auctions.

Genicon is recognized as an emerging leader in the design, production, and distribution of patented surgical instrumentation focused exclusively on laparoscopic surgery. Genicon is a privately held firm in which several of their shareholders are surgeons who utilize their products. Genicon remains today as it originated: a company driven to meet the needs of modern-day healthcare through the harmonization of clinical needs and the economic demands of a global healthcare system.

ClearView Social Inc. is a company based in Amherst, New York, that specializes in developing a Web application designed to enhance content distribution for large organizations, particularly law firms. Founded in 2013, the platform serves as an employee advocacy tool that enables users to share content seamlessly across various social media platforms, including Facebook, LinkedIn, and Twitter, directly from their inbox. By facilitating a systematic approach to social media sharing, ClearView Social helps companies improve their online presence and drive revenue growth. The application allows marketers to curate a queue of content for employees to share, utilizing easy prompts and email reminders to encourage participation. Overall, ClearView Social aims to enhance business exposure and foster connections through effective content dissemination.

GoNoodle, Inc. is a Nashville-based company that provides interactive games and movement videos designed to engage children in physical activity. Founded in 1999 and rebranded in 2013, GoNoodle offers a platform for teachers and parents to incorporate short, fun activities, such as dancing, stretching, and mindfulness, into daily routines. With approximately 14 million children participating each month, GoNoodle aims to make physical movement enjoyable and accessible both in classrooms and at home, transforming screen time into active time. The company also features an online store selling merchandise like T-shirts and sweatbands, further promoting an active lifestyle. Through its services, GoNoodle helps improve children's behavior and academic performance while fostering a sense of community and engagement.

SocialFlow, Inc. is a New York-based software company that specializes in social media distribution and monetization solutions tailored for publishers and media organizations. Established in 2009, SocialFlow's platform employs advanced algorithms to optimize post timing, relevance, and audience targeting. It identifies high-performing content for amplification through advertising, integrates these posts into platform-specific ad formats, and continuously analyzes audience responses to enhance engagement. The company's technology is utilized by numerous journalists and media companies, allowing them to effectively distribute compelling social content and generate new revenue streams. With a client roster that includes prominent organizations such as Condé Nast, CNN, and the BBC, SocialFlow leverages the vast reach of social networks to maximize the impact of editorial content.

Rheonix, Inc. operates as a biomedical device company. Its products include CARD (Chemistry And Reagent Device) system to miniaturize and automate new and existing assays in multiple fields. Its products and technology are used in human/veterinary in vitro diagnostics, food/water testing, SNP analysis for personalized medicine applications, homeland security/defense applications, process control and final product QC, and tissue culture analysis in a research or production setting. Rheonix, Inc. was founded in 2007 and is based in Ithaca, New York.

Loupe is a customer loyalty tech company. We build products that help sit-down restaurants retain and reward loyal diners. Grow your restaurant with loyal diners and Loupe! Loupe has been committed to connecting great restaurants with hungry diners since 2010 and works with hundreds of restaurants across North America. A team of restaurant and small business experts, Loupe is based in Buffalo, NY.

SciAps is a Boston-based portable analytical instrumentation company that offers field-hardened and portable analytical instruments that measure compounds, minerals, and elements. They are dedicated to inventing, engineering, providing, and servicing field-hardened, portable instruments to measure any compound, any mineral, any element anyplace on the planet. It was founded in 2012 and headquartered in Woburn, Massachusetts.

Genicon is recognized as an emerging leader in the design, production, and distribution of patented surgical instrumentation focused exclusively on laparoscopic surgery. Genicon is a privately held firm in which several of their shareholders are surgeons who utilize their products. Genicon remains today as it originated: a company driven to meet the needs of modern-day healthcare through the harmonization of clinical needs and the economic demands of a global healthcare system.

GiveGab provides services for fundraising professionals to raise money online. Designed for cause-based organizations, community foundations, and education institutions, GiveGab offers a complete suite of products and services. The company was founded in 2011 and headquartered in Ithaca, New York.

Tilson is an independent information technology project management company based in Maine, specializing in network deployment and professional services for telecom, construction, utility, and government clients. With a team of around 100 professionals, Tilson has experienced significant growth and operates globally. The company offers a range of services, including wireless site acquisition, construction, small cell and distributed antenna systems for mobile carriers, public safety initiatives, and smart grid applications. Additionally, Tilson provides technology capital project turnaround, information technology consulting, software development, project management, and information security services. The firm has established offices in Portland, Maine, Syracuse, New York, Pittsburgh, Pennsylvania, and Foley, Alabama.

Grainful, operating as BeetNPath, LLC, is a food company specializing in chef-inspired entrées that incorporate the wholesome goodness of oats into convenient meal options for lunch and dinner. The company focuses on producing whole grain-based frozen foods that are accessible and affordable for consumers. Their products are crafted using steel-cut oats, which are gluten-free and rich in fiber, complete proteins, and essential nutrients. Grainful emphasizes the use of clean, natural ingredients in its offerings, ensuring that each meal is not only nourishing but also delicious.

Knoa Software specializes in performance management solutions aimed at optimizing business operations and enhancing user experiences across enterprise applications such as SAP and Oracle. Its patented Task Mining software provides actionable insights that allow organizations to maximize the value of their software investments while supporting digital transformation initiatives. By delivering end-to-end observability of critical business processes, Knoa enables companies to identify opportunities for process improvement, ensure compliance, and develop automation strategies based on comprehensive user-centric analyses. The company has established a long-term partnership with SAP, which includes the integration of its Task Mining solution with SAP Signavio Process Mining. Knoa's offerings cater to various use cases, including Cloud Migration and employee productivity, and are utilized by numerous corporations and government entities globally. Additionally, Knoa is focused on leveraging generative AI to further enhance business process transformation.

Chequed.com is a cloud-based Predictive Talent Selection™ platform is used by some of the world’s leading brands including SUBWAY® Restaurants, The Walt Disney Company, Hallmark, Aspen Dental and many others.

Empire leverages genomics technologies, its keen understanding of the medical system, the needs of clinicians to deliver precise and continuous testing expertise for the best in class oncology disease management tools. Empire is a leader in the field of molecular diagnostics services.

Rheonix, Inc. operates as a biomedical device company. Its products include CARD (Chemistry And Reagent Device) system to miniaturize and automate new and existing assays in multiple fields. Its products and technology are used in human/veterinary in vitro diagnostics, food/water testing, SNP analysis for personalized medicine applications, homeland security/defense applications, process control and final product QC, and tissue culture analysis in a research or production setting. Rheonix, Inc. was founded in 2007 and is based in Ithaca, New York.

CrowdBouncer provides an API-driven solution for back-office pain points of any online alternative investment platform. The company provides transactional, compliance, and fiduciary services to crowdfunding portals that allow them to close crowdfunding transactions in compliance with the JOBS Act, 2012.

SciAps is a Boston-based portable analytical instrumentation company that offers field-hardened and portable analytical instruments that measure compounds, minerals, and elements. They are dedicated to inventing, engineering, providing, and servicing field-hardened, portable instruments to measure any compound, any mineral, any element anyplace on the planet. It was founded in 2012 and headquartered in Woburn, Massachusetts.

KnowledgeVision Systems Incorporated provides on-demand tools to create interactive and multi-media Web presentations for companies and organizations. It offers an enterprise solution for creating on-demand synchronized video business presentations for the Web. The company's tool is used in sales and marketing presentations, product demonstrations, training, and organizational development sessions, CEO and senior management communications, knowledge sharing presentations, periodic financial reporting, and virtual roadshows, an on-demand replay of webinars, and interactive white papers. KnowledgeVision Systems Incorporated was founded in 2010 and is based in Concord, Massachusetts.

Intrinsiq Materials manufactures highly functional electronic inks for use at room temperature, in air, enabling printed electronics today. Intrinsiq Materials offers a variety of electronic ink, including screen-printable, and inkjet copper ink, silicon inkjet, and nickel inkjet.

GiveGab provides services for fundraising professionals to raise money online. Designed for cause-based organizations, community foundations, and education institutions, GiveGab offers a complete suite of products and services. The company was founded in 2011 and headquartered in Ithaca, New York.

SciAps is a Boston-based portable analytical instrumentation company that offers field-hardened and portable analytical instruments that measure compounds, minerals, and elements. They are dedicated to inventing, engineering, providing, and servicing field-hardened, portable instruments to measure any compound, any mineral, any element anyplace on the planet. It was founded in 2012 and headquartered in Woburn, Massachusetts.

SocialFlow, Inc. is a New York-based software company that specializes in social media distribution and monetization solutions tailored for publishers and media organizations. Established in 2009, SocialFlow's platform employs advanced algorithms to optimize post timing, relevance, and audience targeting. It identifies high-performing content for amplification through advertising, integrates these posts into platform-specific ad formats, and continuously analyzes audience responses to enhance engagement. The company's technology is utilized by numerous journalists and media companies, allowing them to effectively distribute compelling social content and generate new revenue streams. With a client roster that includes prominent organizations such as Condé Nast, CNN, and the BBC, SocialFlow leverages the vast reach of social networks to maximize the impact of editorial content.

GiveGab provides services for fundraising professionals to raise money online. Designed for cause-based organizations, community foundations, and education institutions, GiveGab offers a complete suite of products and services. The company was founded in 2011 and headquartered in Ithaca, New York.

Knoa Software specializes in performance management solutions aimed at optimizing business operations and enhancing user experiences across enterprise applications such as SAP and Oracle. Its patented Task Mining software provides actionable insights that allow organizations to maximize the value of their software investments while supporting digital transformation initiatives. By delivering end-to-end observability of critical business processes, Knoa enables companies to identify opportunities for process improvement, ensure compliance, and develop automation strategies based on comprehensive user-centric analyses. The company has established a long-term partnership with SAP, which includes the integration of its Task Mining solution with SAP Signavio Process Mining. Knoa's offerings cater to various use cases, including Cloud Migration and employee productivity, and are utilized by numerous corporations and government entities globally. Additionally, Knoa is focused on leveraging generative AI to further enhance business process transformation.

QuaDPharma specializes in small-scale pre-commercial and commercial manufacturing for the pharmaceutical industry. The company offers a range of services including small-batch pharmaceutical manufacturing, process development, and analytical testing of raw materials and finished goods. Additionally, QuaDPharma manages product stability programs to ensure quality and compliance. With a focus on addressing the specific needs of its clients, the company leverages expertise in drug discovery and pilot plant scale-up, cultivated through the experience of its founder, Dr. Panaro, at reputable organizations in the pharmaceutical sector.

Mercantile Adjustment Bureau, LLC is an accounts receivable management firm headquartered in Williamsville, New York, with an additional office in Rochester. Founded in 1934, the company specializes in providing collection and accounts receivable management services to a diverse client base that includes lenders, debt purchasers, universities, and healthcare providers. Its service offerings encompass areas such as dismissed bankruptcy, legal collections, call center operations, compliance management, client policy certification, and skip tracing. Mercantile Adjustment Bureau also serves various sectors, including telecommunications, healthcare, higher education, and municipalities. The firm aims to address the multifaceted needs of its clients through comprehensive solutions in debt recovery and compliance.

Liazon is an online benefits marketplace that provides a private benefits exchange for businesses of all sizes. Founded in 2007 and based in Buffalo, New York, Liazon's primary offering, the Bright Choices Exchange, enables employers to manage healthcare costs through a defined contribution funding strategy, allowing them to set predictable budgets. The platform assists employees in selecting from a diverse range of benefits, including health, dental, vision, life, and disability insurance, tailored to their individual needs. Additionally, Liazon oversees benefits administration services, which encompass eligibility, enrollment, and carrier connectivity, ensuring a streamlined experience for both employers and employees.

BinOptics Corporation is a manufacturer of monolithically integrated optoelectronic components, headquartered in Ithaca, New York. Established in 2000, the company specializes in a range of products including directly modulated Fabry-Perot lasers, directly modulated distributed feedback lasers, and ring lasers. Additionally, BinOptics produces custom integrated chips encompassing edge- and surface-emitting lasers, electroabsorption modulators, semiconductor optical amplifiers, beam couplers and splitters, waveguides, and on-chip lenses. Its products are primarily designed for use in data communication and telecommunication applications, such as gigabit Ethernet and passive optical networks (PON), as well as various advanced non-telecommunication applications.

Liazon is an online benefits marketplace that provides a private benefits exchange for businesses of all sizes. Founded in 2007 and based in Buffalo, New York, Liazon's primary offering, the Bright Choices Exchange, enables employers to manage healthcare costs through a defined contribution funding strategy, allowing them to set predictable budgets. The platform assists employees in selecting from a diverse range of benefits, including health, dental, vision, life, and disability insurance, tailored to their individual needs. Additionally, Liazon oversees benefits administration services, which encompass eligibility, enrollment, and carrier connectivity, ensuring a streamlined experience for both employers and employees.

Liazon is an online benefits marketplace that provides a private benefits exchange for businesses of all sizes. Founded in 2007 and based in Buffalo, New York, Liazon's primary offering, the Bright Choices Exchange, enables employers to manage healthcare costs through a defined contribution funding strategy, allowing them to set predictable budgets. The platform assists employees in selecting from a diverse range of benefits, including health, dental, vision, life, and disability insurance, tailored to their individual needs. Additionally, Liazon oversees benefits administration services, which encompass eligibility, enrollment, and carrier connectivity, ensuring a streamlined experience for both employers and employees.

SOMS Technologies LLC specializes in the development, manufacturing, and commercialization of vehicle engine oil filters. Founded in 2006 and based in Valhalla, New York, with a technical and customer support office in Albion, Illinois, the company offers a range of engine oil filters suitable for small four-cylinder engines as well as medium-duty diesel engines used in heavy-duty vehicles and fleets. One of their notable products is the MicroGreen Engine Filter, which replaces conventional oil filters without requiring modifications to the engine or filter housing. This innovative filtration system allows vehicles to operate for up to 30,000 miles without needing an oil change by continuously filtering a portion of the engine oil through a patented microfilter system. Furthermore, SOMS Technologies provides private label automotive filtration products and distributes its offerings through a network of authorized regional distributors.

Innov-X Systems manufactures, sells and services field portable x-ray based analytical instruments providing real-time, non-destructive analysis to multiple industries with varied applications. Thousands of units are in use world-wide in remote areas or in demanding applications with continuous uptime requirements.

Synacor, Inc. is a digital technology company that provides a range of services including email and collaboration software, cloud-based identity management, managed web and mobile portals, and advertising solutions. Operating in two segments—Software & Services and Portal & Advertising—the company enables clients, such as video and internet providers, telecommunications companies, and government entities, to monetize media and enhance consumer engagement. Its offerings include Cloud ID Authentication, which simplifies access management, and white-label email and collaboration services. Synacor's technology solutions are designed to help businesses scale, maintain subscriber relationships, and deliver a personalized user experience across various devices. Founded in 1998 and headquartered in Buffalo, New York, Synacor was previously known as CKMP, Inc. and rebranded in 2001.

Kionix, Inc. specializes in the design and manufacturing of micro-electro-mechanical systems (MEMS) and inertial sensors, providing a variety of products including accelerometers and gyroscopes for applications in consumer electronics, automotive, health and fitness, and industrial sectors. Their offerings encompass 6-axis accelerometer/gyroscope devices tailored for high-performance requirements and a range of sensor fusion software solutions that enhance system performance by integrating data from multiple sensors. Kionix's products are integral to diverse applications such as augmented reality, gesture recognition, navigation, and motion-based gaming. Founded in 2000 and headquartered in Ithaca, New York, Kionix operates MEMS fabrication facilities and test centers in both Ithaca and Kyoto, Japan. Since becoming a subsidiary of Rohm Co., Ltd. in 2009, the company has solidified its position as a leader in the global marketplace for MEMS inertial sensor technology.

GridApp Systems, Inc. develops and markets database automation software and solutions for managing database infrastructure both in the United States and internationally. The company's key offerings include GridApp Clarity, which facilitates management throughout the database life cycle and automates various tasks within a centralized console, and Patchworks, an automated patch management service that builds, certifies, and delivers patch bundles. Additionally, GridApp provides consulting services related to database automation and Oracle RAC, along with customer installation support. The company caters to a diverse range of industries, including financial services, pharmaceuticals, telecommunications, education, eCommerce, and technology. Founded in 2002, GridApp Systems is headquartered in New York, New York and has formed strategic partnerships with major technology firms.

Gemcor, based in West Seneca, NY, is a prominent designer and manufacturer of automated fastening systems and part positioning solutions for aircraft assembly. Founded in Buffalo, NY in 1937 by Thomas Speller Sr., the company pioneered the automated fastening process to enhance U.S. aircraft production during World War II. Gemcor's Drivmatic® process established itself as an industry standard for automated aircraft assembly, offering a range of fastening solutions including wing fastening, nacelle, rotary head, high-speed linear, and fuselage systems. The company's innovative technologies continue to play a critical role in the production of aircraft components globally.

Synacor, Inc. is a digital technology company that provides a range of services including email and collaboration software, cloud-based identity management, managed web and mobile portals, and advertising solutions. Operating in two segments—Software & Services and Portal & Advertising—the company enables clients, such as video and internet providers, telecommunications companies, and government entities, to monetize media and enhance consumer engagement. Its offerings include Cloud ID Authentication, which simplifies access management, and white-label email and collaboration services. Synacor's technology solutions are designed to help businesses scale, maintain subscriber relationships, and deliver a personalized user experience across various devices. Founded in 1998 and headquartered in Buffalo, New York, Synacor was previously known as CKMP, Inc. and rebranded in 2001.

D'lisi Food Systems, Inc. produces and distributes private label and branded; and frozen pizzas.

Synacor, Inc. is a digital technology company that provides a range of services including email and collaboration software, cloud-based identity management, managed web and mobile portals, and advertising solutions. Operating in two segments—Software & Services and Portal & Advertising—the company enables clients, such as video and internet providers, telecommunications companies, and government entities, to monetize media and enhance consumer engagement. Its offerings include Cloud ID Authentication, which simplifies access management, and white-label email and collaboration services. Synacor's technology solutions are designed to help businesses scale, maintain subscriber relationships, and deliver a personalized user experience across various devices. Founded in 1998 and headquartered in Buffalo, New York, Synacor was previously known as CKMP, Inc. and rebranded in 2001.

Applying insider knowledge gained from years of professional trading experience on and off the floor, running money for major New York hedge funds, and currently managing a hedge fund, MarketGauge's master traders created the powerful proprietary web‐based software tools HotScans, BigView, the Nuggets List and the ETF Monitor. These subscription‐based tools have been built for thousands of individual traders as well as institutional clients such as Reuters, Barrons' Online, Fidelity, Intershow, and Townsend Analytics. With the recent release of its revolutionary Opening Range Success Formula, MarketGauge established itself as the thought leader in statistical edge education based on the opening range. As specialists in the opening range trading strategy ‐‐ which derives from market action early in the trading day ‐‐ MarketGauge designed the Opening Range Success Formula to give traders of all styles a proven statistical edge that can be used to set a profitable course for trades regardless of market condition. The opening range is a trading strategy that underpins almost all of MarketGauge's trader training, serving as the foundational strategy for classes ranging from Position Swing Trading to Calendar Ranges. And you can learn how to use it for your own trading. In addition, MarketGauge has pioneered trader education responsive to real-time market conditions with the in‐depth trader training video newsletter Mish's Market Minute – Premium. Produced four times a week by market analyst Michele Schneider, Mish's Market Minute – Premium delivers trade set ups and recommendations in the morning (based on Michele's comprehensive market analysis) that can be traded that same afternoon. In addition, Mish communicates position adjustments via Twitter throughout the week, guiding subscribers as trades unfold. Subscription to Mish's Market Minute – Premium comes with full access to the Nuggets List and ETF Monitor, the MarketGauge software tools that inform Mish's recommendations. MarketGauge's online trading education, and its unique focus on leveraging the opening range, result from co‐founders Keith Schneider and Geoff Bysshe's over 60 combined years of first‐hand trading experience. Courses teach how to trade and thoroughly cover the core requirements for trading success, including: Advanced trading strategies, technique & tactics Charting basics to advanced charting Personalized trading plans Emotional mastery Position sizing Market analytics Risk & money management.