South Carolina Research Authority

South Carolina Research Authority (SCRA) was established to support applied research, product development, and commercialization initiatives in order to bolster the state's Knowledge Economy and generate high-wage jobs. Through its SC Launch program, SCRA offers entrepreneurs essential resources to establish technology startups, foster job creation, and build equity in South Carolina's future. SC Launch facilitates connections with business, academic, and economic development entities via the SC Launch Resource Network, a collaborative effort involving SCRA and the research foundations of Clemson University, the University of South Carolina, and the Medical University of South Carolina.

Steve Johnson

Investment Manager

Lee MacIlwinen

Director

Bob Quinn

CEO and President

Jill Sorensen

Director

Past deals in South Carolina

GoodUnited

Venture Round in 2023
GoodUnited, Inc. is a Charleston, South Carolina-based company that provides a platform designed to enhance fundraising for nonprofits through effective engagement strategies. Founded in 2014 and previously known as inKind, Inc., GoodUnited enables nonprofits to connect with supporters using social media, email templates, and other marketing materials. Their platform offers data-driven tools that simplify lead generation and help organizations track their mission impact across campaigns. By focusing on donor interests and creating engaging content, GoodUnited transforms one-time donors into loyal supporters, thereby maximizing fundraising revenue. The company is trusted by numerous prominent nonprofits, including Susan G. Komen and Make-A-Wish, to elevate their social media fundraising efforts and achieve their missions more effectively.

Real Motors

Grant in 2023
Real Motors, based in Greenville, South Carolina, specializes in designing and manufacturing electric motorcycles. Their products are engineered for urban commuting, focusing on power, efficiency, and maneuverability to facilitate city navigation while promoting sustainability.

Land Intelligence

Seed Round in 2022
Land Intelligence, Inc. is a land rating agency based in Columbia, South Carolina, founded in 2019. The company specializes in providing comprehensive land information to facilitate informed decision-making in land acquisition. Its flagship products include LandFAX, which delivers detailed site assessments covering critical factors such as development feasibility, zoning, and environmental risks; LandYIELD, which analyzes parcel usage based on existing zoning; and LandCAST, which evaluates the development potential of properties while considering future growth factors. By utilizing big data and a proprietary software algorithm, Land Intelligence offers automated reports that streamline site condition analysis and asset value projections, thus enhancing the efficiency of the due diligence process in land transactions.

MitoChem Therapeutics

Venture Round in 2022
MitoChem Therapeutics is a biotechnology company based in Charleston, South Carolina, founded by Craig Beeson and Bärbel Rohrer. The company specializes in developing treatments for mitochondrial dysfunction, particularly in the context of neurodegenerative diseases affecting the eyes. MitoChem focuses on addressing eye-related conditions such as retinitis pigmentosa, age-related macular degeneration, and glaucoma. The company's innovative approach centers on protecting mitochondrial homeostasis, which has shown proof of concept in animal models for various conditions, including kidney diseases and acute kidney injury. By targeting the underlying mechanisms of mitochondrial dysfunction, MitoChem Therapeutics aims to develop effective therapies for a range of neurodegenerative, metabolic, and aging-related diseases.

Infinity Collar

Grant in 2022
Infinity Collar is the Fort Mill-based startup created the first and only fully portable and customizable pet containment system. It allows users to keep their pets safe wherever they go while also giving them the freedom to explore the area they are in without physical hardware constraints.

Zylö Therapeutics

Series B in 2022
Zylo Therapeutics, Inc. is a life sciences company based in Greenville, South Carolina, specializing in a sustained-release drug delivery system. Founded in 2017, the company has developed a delivery mechanism that employs patented hydrogel-derived nanoparticles, known as Nanopods™, to facilitate the topical administration of difficult-to-deliver therapeutic agents, including nitric oxide. This innovative system enhances drug delivery capabilities and is designed to improve the treatment of various conditions such as lupus, hair loss, joint pain, and burns. By utilizing engineered amorphous silica particles, Zylo Therapeutics aims to provide a controlled and sustained release of medications, thereby enhancing product performance and patient outcomes.

Integrated Micro-Chromatography Systems

Grant in 2022
Integrated Micro-Chromatography Systems, LLC is a biotechnology company based in Irmo, South Carolina, established in 2012. The company specializes in providing innovative tools and services aimed at enhancing precision medicine. Its key offerings include IMCSzyme, a genetically modified pure beta-glucuronidase, and IMCStips, which serve various applications in clinical and forensic toxicology. Integrated Micro-Chromatography Systems is dedicated to inventing, manufacturing, and distributing biotechnology products that cater to a diverse clientele, including clinical and forensic toxicology sectors, university research institutions, U.S. federal government agencies, and health science companies. Through its advanced products, the company assists healthcare professionals in navigating the complexities of human biology, thereby facilitating customized and accurate medical treatments for patients.

Zylö Therapeutics

Grant in 2021
Zylo Therapeutics, Inc. is a life sciences company based in Greenville, South Carolina, specializing in a sustained-release drug delivery system. Founded in 2017, the company has developed a delivery mechanism that employs patented hydrogel-derived nanoparticles, known as Nanopods™, to facilitate the topical administration of difficult-to-deliver therapeutic agents, including nitric oxide. This innovative system enhances drug delivery capabilities and is designed to improve the treatment of various conditions such as lupus, hair loss, joint pain, and burns. By utilizing engineered amorphous silica particles, Zylo Therapeutics aims to provide a controlled and sustained release of medications, thereby enhancing product performance and patient outcomes.

Hank AI

Seed Round in 2021
Hank AI, Inc. is a healthcare-focused technology company based in Columbia, South Carolina, that specializes in developing advanced AI solutions to enhance and automate workflows in the healthcare sector. The company's flagship platform leverages artificial intelligence, natural language processing, machine learning, and computer vision to streamline business processes such as data entry, medical coding, and auditing. By offering a suite of proprietary APIs and user experiences, Hank AI aims to improve the efficiency and accuracy of tasks performed by medical coders, clinical documentation specialists, and insurance auditors. The firm has developed its technology from the ground up, holding numerous patents that underscore its innovative approaches to maximizing return on investment for healthcare operations. Through its commitment to automation, Hank AI seeks to simplify complex processes for its clients while driving productivity in the industry.

Hook Security

Seed Round in 2021
Hook Security, Inc. is a cybersecurity training company based in Greenville, South Carolina, founded in 2018. The company specializes in providing training services that help organizations recognize and respond to security threats, particularly through the use of social engineering tactics. Its platform offers a variety of services, including phishing simulations, detailed reporting, and integrations with existing cybersecurity tools, which are designed to educate employees about counterfeit communications in real-time. By employing innovative training methods that incorporate humor and the latest neuroscience research, Hook Security aims to enhance users' understanding of technology manipulation. The company is actively pioneering the concept of Psychological Security as a new dimension in information security, reflecting its commitment to equipping individuals and organizations with the skills necessary to navigate the complexities of cybersecurity.

Hank AI

Seed Round in 2020
Hank AI, Inc. is a healthcare-focused technology company based in Columbia, South Carolina, that specializes in developing advanced AI solutions to enhance and automate workflows in the healthcare sector. The company's flagship platform leverages artificial intelligence, natural language processing, machine learning, and computer vision to streamline business processes such as data entry, medical coding, and auditing. By offering a suite of proprietary APIs and user experiences, Hank AI aims to improve the efficiency and accuracy of tasks performed by medical coders, clinical documentation specialists, and insurance auditors. The firm has developed its technology from the ground up, holding numerous patents that underscore its innovative approaches to maximizing return on investment for healthcare operations. Through its commitment to automation, Hank AI seeks to simplify complex processes for its clients while driving productivity in the industry.

GoodUnited

Grant in 2020
GoodUnited, Inc. is a Charleston, South Carolina-based company that provides a platform designed to enhance fundraising for nonprofits through effective engagement strategies. Founded in 2014 and previously known as inKind, Inc., GoodUnited enables nonprofits to connect with supporters using social media, email templates, and other marketing materials. Their platform offers data-driven tools that simplify lead generation and help organizations track their mission impact across campaigns. By focusing on donor interests and creating engaging content, GoodUnited transforms one-time donors into loyal supporters, thereby maximizing fundraising revenue. The company is trusted by numerous prominent nonprofits, including Susan G. Komen and Make-A-Wish, to elevate their social media fundraising efforts and achieve their missions more effectively.

Land Intelligence

Seed Round in 2019
Land Intelligence, Inc. is a land rating agency based in Columbia, South Carolina, founded in 2019. The company specializes in providing comprehensive land information to facilitate informed decision-making in land acquisition. Its flagship products include LandFAX, which delivers detailed site assessments covering critical factors such as development feasibility, zoning, and environmental risks; LandYIELD, which analyzes parcel usage based on existing zoning; and LandCAST, which evaluates the development potential of properties while considering future growth factors. By utilizing big data and a proprietary software algorithm, Land Intelligence offers automated reports that streamline site condition analysis and asset value projections, thus enhancing the efficiency of the due diligence process in land transactions.

Zylö Therapeutics

Series A in 2019
Zylo Therapeutics, Inc. is a life sciences company based in Greenville, South Carolina, specializing in a sustained-release drug delivery system. Founded in 2017, the company has developed a delivery mechanism that employs patented hydrogel-derived nanoparticles, known as Nanopods™, to facilitate the topical administration of difficult-to-deliver therapeutic agents, including nitric oxide. This innovative system enhances drug delivery capabilities and is designed to improve the treatment of various conditions such as lupus, hair loss, joint pain, and burns. By utilizing engineered amorphous silica particles, Zylo Therapeutics aims to provide a controlled and sustained release of medications, thereby enhancing product performance and patient outcomes.

Zylö Therapeutics

Seed Round in 2019
Zylo Therapeutics, Inc. is a life sciences company based in Greenville, South Carolina, specializing in a sustained-release drug delivery system. Founded in 2017, the company has developed a delivery mechanism that employs patented hydrogel-derived nanoparticles, known as Nanopods™, to facilitate the topical administration of difficult-to-deliver therapeutic agents, including nitric oxide. This innovative system enhances drug delivery capabilities and is designed to improve the treatment of various conditions such as lupus, hair loss, joint pain, and burns. By utilizing engineered amorphous silica particles, Zylo Therapeutics aims to provide a controlled and sustained release of medications, thereby enhancing product performance and patient outcomes.

Van Robotics

Seed Round in 2019
Van Robotics, Inc. is an education technology company that designs and develops autonomous robot tutors aimed at enhancing learning experiences for children in grades 1-5. Founded in 2016 by a team of researchers from Yale University, the company focuses on delivering adaptive instruction in math, reading, and social-emotional learning through its flagship product, ABii. This desktop-sized robot tutor engages students with interactive lessons and adjusts the difficulty of content based on individual performance, fostering both confidence and mastery of core skills. ABii has gained recognition for its innovative approach, being named one of TIME’s Best Inventions of 2020, and is currently utilized in classrooms across 34 states and 6 countries. Based in Columbia, South Carolina, Van Robotics sells its products online, aiming to transform the educational landscape through technology.

Recovr

Grant in 2019
Recovr LLC is a company based in Seneca, South Carolina, specializing in the development and distribution of virtual therapy games aimed at improving the rehabilitation experience for patients recovering from strokes and other impairments. The company's products include interactive games that can be accessed through platforms like the Xbox, allowing patients to engage in customizable therapy sessions designed to meet their individual rehabilitation needs. These games not only enhance the enjoyment of therapy but also promote adherence to rehabilitation exercises. Recovr's systems provide therapists with analytical data to monitor patient progress and compliance, which can be accessed via a web-based portal. This approach enables therapy to be conducted both in rehabilitation clinics and in patients' homes, maximizing the effectiveness and accessibility of physical rehabilitation.

Ellipsis Technologies

Venture Round in 2019
Ellipsis Technologies Inc. specializes in web security technology designed to help website owners identify genuine human visitors while isolating suspicious ones. The company's core innovation, Human Presence technology, unobtrusively detects and records the behavioral traits of individual users, effectively eliminating the need for traditional captcha systems. This technology not only traps bots but also provides an analytics dashboard for enhanced insights. Founded in 2013, Ellipsis Technologies is headquartered in Greenville, South Carolina.

MitoChem Therapeutics

Grant in 2019
MitoChem Therapeutics is a biotechnology company based in Charleston, South Carolina, founded by Craig Beeson and Bärbel Rohrer. The company specializes in developing treatments for mitochondrial dysfunction, particularly in the context of neurodegenerative diseases affecting the eyes. MitoChem focuses on addressing eye-related conditions such as retinitis pigmentosa, age-related macular degeneration, and glaucoma. The company's innovative approach centers on protecting mitochondrial homeostasis, which has shown proof of concept in animal models for various conditions, including kidney diseases and acute kidney injury. By targeting the underlying mechanisms of mitochondrial dysfunction, MitoChem Therapeutics aims to develop effective therapies for a range of neurodegenerative, metabolic, and aging-related diseases.

Simpliphy

Corporate Round in 2018
Simpliphy, Inc. is a cloud-based application provider based in Greenville, South Carolina, specializing in physician compensation management for healthcare organizations. Founded in 2014, Simpliphy offers a platform that simplifies the complexities of physician contracts and compensation models. Its user-friendly interface includes customizable dashboards and reporting tools, allowing healthcare organizations to efficiently manage physician compensation while integrating national average survey data for informed decision-making. The platform is designed to minimize errors and streamline the management of principal expenses, making it a valuable resource for healthcare providers seeking to enhance their compensation processes.

REsimplifi

Funding Round in 2018
REsimplifi, Inc. is a technology company that specializes in developing software-as-a-service (SAAS) applications for the commercial real estate industry. Founded in 2014 and based in Columbia, South Carolina, the company offers a cloud-based management system designed for commercial real estate brokers, their managers, and assistants. This system automates administrative tasks, reduces paperwork, tracks critical dates, and standardizes the deal progression process. In addition, REsimplifi provides commercial property data that supports research, site selection, and economic development efforts. Its clients include Fortune 500 companies, utility and rail providers, and various governmental economic development organizations. By leveraging over 3,000 public and private data sources, REsimplifi ensures that its clients have access to the most accurate and current building and site information available in the market.

BarberWind Turbines

Seed Round in 2014
BarberWind Turbines, LLC is a wind technology company based in Greenville, South Carolina, established in 2010. The company specializes in the design, manufacture, construction, and maintenance of 800 kW wind turbines, utilizing innovative rim technology that features 64 8" airfoil blades and a unique lifting system that eliminates the need for rental cranes. BarberWind Turbines caters to a diverse range of clients, including industrial parks, data centers, small communities, farms, ranches, water treatment plants, ethanol plants, island nations, amusement parks, and sports arenas. By focusing on the mid-size wind market, the company provides a cost-effective and environmentally friendly solution for electricity generation, addressing the growing demand for sustainable energy sources in various commercial sectors.

PharmRight

Convertible Note in 2014
PharmRight Corporation, founded in 2013 and based in Charleston, South Carolina, specializes in the design and development of medical devices aimed at enhancing medication adherence at home. The company is known for its innovative product, Livi, an automated pill dispenser that aids users in managing their medication schedules independently. Livi is designed to support both patients and their caregivers by simplifying the process of managing multiple medications, thus providing essential assistance for effective treatment adherence. PharmRight's focus on improving medication management reflects its commitment to enhancing health outcomes through technology.

NeuroQuest

Venture Round in 2013
NeuroQuest Ltd. is a biotechnology company focused on the diagnosis of neurodegenerative diseases, specifically Alzheimer's and Parkinson's diseases. Founded in 2008 and headquartered in Misgav, Israel, NeuroQuest has developed the NeuroScreen™ assay, a novel blood-based diagnostic test that identifies Alzheimer's disease by analyzing the immune response to amyloid-beta accumulation in the brain, even in asymptomatic individuals. This innovative approach enables early detection, allowing for timely intervention and treatment. The company serves pharmaceutical clients and has established a US subsidiary and clinical development center in Charleston, South Carolina, with support from the South Carolina Research Authority. NeuroQuest's team consists of medical and business professionals with extensive expertise in innovation, development, and clinical research, positioning the company to significantly impact the landscape of early neurodegenerative disease diagnosis.

Zipit Wireless

Venture Round in 2013
Zipit Wireless, Inc. is a technology company based in Greenville, South Carolina, specializing in critical messaging and Internet of Things (IoT) solutions. Founded in 2007, the company provides instant communication systems designed for critical situations, catering to various sectors, including healthcare, education, government, and hospitality. Its Enterprise Critical Messaging Solution enables two-way communication for organizations such as hospitals and emergency services. In addition to messaging services, Zipit Wireless offers cloud-based software and cellular services that support IoT products, including a subscription billing and activations platform for managing cellular activations and subscriptions. The company also develops network-connected devices, such as wireless trail cameras and medication adherence devices, which can be managed remotely through web portals or mobile applications. With a focus on enabling businesses to optimize their mobile operations, Zipit Wireless markets its technology solutions globally.

Zipit Wireless

Convertible Note in 2012
Zipit Wireless, Inc. is a technology company based in Greenville, South Carolina, specializing in critical messaging and Internet of Things (IoT) solutions. Founded in 2007, the company provides instant communication systems designed for critical situations, catering to various sectors, including healthcare, education, government, and hospitality. Its Enterprise Critical Messaging Solution enables two-way communication for organizations such as hospitals and emergency services. In addition to messaging services, Zipit Wireless offers cloud-based software and cellular services that support IoT products, including a subscription billing and activations platform for managing cellular activations and subscriptions. The company also develops network-connected devices, such as wireless trail cameras and medication adherence devices, which can be managed remotely through web portals or mobile applications. With a focus on enabling businesses to optimize their mobile operations, Zipit Wireless markets its technology solutions globally.

Heatworks

Pre Seed Round in 2012
Heatworks Technologies, Inc. is a manufacturer of innovative water heating solutions based in Mount Pleasant, South Carolina. Founded in 2006, the company specializes in developing tankless electric water heaters and smart home appliances that improve efficiency and purity in water heating. Its notable products include the Model 3, a tankless water heater, the Tetra dishwasher, which is designed to clean tableware, and the Duo Carafe, a battery-operated hot water system. By utilizing patented Ohmic Array Technology, Heatworks generates heat through the natural conductivity of water, enhancing efficiency while ensuring that the hot water is free from sediment. The company's products are sold online, making them accessible to residential users who are interested in energy conservation and resource management.

Proterra

Series A in 2011
Proterra Inc. is a manufacturer of zero-emission electric buses, primarily focused on providing sustainable transportation solutions for public and commercial transit. Founded in 2004 and headquartered in Burlingame, California, with additional offices in Greenville, South Carolina, and City of Industry, California, Proterra designs its products, including 35-foot and 40-foot electric buses, to meet the diverse needs of urban and regional transit routes. The company's Catalyst platform is noted for its modularity, allowing it to adapt to various operational demands while delivering high energy efficiency. Proterra also offers a broad range of services, including vehicle electrification solutions, fleet planning, charging infrastructure, and comprehensive vehicle maintenance programs. By facilitating the transition away from fossil fuels, Proterra aims to enhance environmental quality and reduce operational costs for fleet operators, contributing to significant reductions in greenhouse gas emissions.

Zipit Wireless

Series C in 2010
Zipit Wireless, Inc. is a technology company based in Greenville, South Carolina, specializing in critical messaging and Internet of Things (IoT) solutions. Founded in 2007, the company provides instant communication systems designed for critical situations, catering to various sectors, including healthcare, education, government, and hospitality. Its Enterprise Critical Messaging Solution enables two-way communication for organizations such as hospitals and emergency services. In addition to messaging services, Zipit Wireless offers cloud-based software and cellular services that support IoT products, including a subscription billing and activations platform for managing cellular activations and subscriptions. The company also develops network-connected devices, such as wireless trail cameras and medication adherence devices, which can be managed remotely through web portals or mobile applications. With a focus on enabling businesses to optimize their mobile operations, Zipit Wireless markets its technology solutions globally.

Quintesocial

Pre Seed Round in 2010
Quintesocial, LLC operates an online social networking site. It uses online tools to help members find activities/events happening in their own city. The company was incorporated in 2009 and is based in Columbia, South Carolina.

Immunologix

Pre Seed Round in 2010
Immunologix, Inc. is a biotechnology company that specializes in the development and production of antibody-based therapeutics targeting a wide array of biological agents. Established in 2008 and located in Charleston, South Carolina, Immunologix focuses on creating human monoclonal antibodies against various pathogens, including viral and bacterial antigens, as well as tumor antigens and human autoantigens. The company employs innovative technology that converts naïve B-cells, sourced from tonsillectomies or whole blood collections, into fully mature human B-cells capable of producing specific human antibodies tailored to desired targets.

Zipit Wireless

Series C in 2010
Zipit Wireless, Inc. is a technology company based in Greenville, South Carolina, specializing in critical messaging and Internet of Things (IoT) solutions. Founded in 2007, the company provides instant communication systems designed for critical situations, catering to various sectors, including healthcare, education, government, and hospitality. Its Enterprise Critical Messaging Solution enables two-way communication for organizations such as hospitals and emergency services. In addition to messaging services, Zipit Wireless offers cloud-based software and cellular services that support IoT products, including a subscription billing and activations platform for managing cellular activations and subscriptions. The company also develops network-connected devices, such as wireless trail cameras and medication adherence devices, which can be managed remotely through web portals or mobile applications. With a focus on enabling businesses to optimize their mobile operations, Zipit Wireless markets its technology solutions globally.

Zipit Wireless

Series B in 2008
Zipit Wireless, Inc. is a technology company based in Greenville, South Carolina, specializing in critical messaging and Internet of Things (IoT) solutions. Founded in 2007, the company provides instant communication systems designed for critical situations, catering to various sectors, including healthcare, education, government, and hospitality. Its Enterprise Critical Messaging Solution enables two-way communication for organizations such as hospitals and emergency services. In addition to messaging services, Zipit Wireless offers cloud-based software and cellular services that support IoT products, including a subscription billing and activations platform for managing cellular activations and subscriptions. The company also develops network-connected devices, such as wireless trail cameras and medication adherence devices, which can be managed remotely through web portals or mobile applications. With a focus on enabling businesses to optimize their mobile operations, Zipit Wireless markets its technology solutions globally.

Zipit Wireless

Series A in 2007
Zipit Wireless, Inc. is a technology company based in Greenville, South Carolina, specializing in critical messaging and Internet of Things (IoT) solutions. Founded in 2007, the company provides instant communication systems designed for critical situations, catering to various sectors, including healthcare, education, government, and hospitality. Its Enterprise Critical Messaging Solution enables two-way communication for organizations such as hospitals and emergency services. In addition to messaging services, Zipit Wireless offers cloud-based software and cellular services that support IoT products, including a subscription billing and activations platform for managing cellular activations and subscriptions. The company also develops network-connected devices, such as wireless trail cameras and medication adherence devices, which can be managed remotely through web portals or mobile applications. With a focus on enabling businesses to optimize their mobile operations, Zipit Wireless markets its technology solutions globally.
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