Success Stories
We consistently review and update our primary metrics (cumulative since ’93):
- New business formations: 105
- Funding events: $1.078 billion
- Job creation: 12,699
Since clients do not pay fees or compensation to TVC of any kind, these are TVC’s primary success metrics. Return on our invested time with clients is paramount. While we’d like to help as many entrepreneurs as we can, we are selective and look for those with commercialization potential—that means evaluating many of the same criteria that investors use (team, technology, pain, market size, customer traction, etc.). Since we work with early stage companies, we select clients based on their potential, and help entrepreneurs drive toward each milestone. When they line up with what investors have told us they’re seeking, we’ll make the introduction.
Vital Alert Receives $2.5M
July 28, 2009
Congratulations to TVC client, Vital Alert who recently announced receiving $2.5 million in equity financing. The round was lead by Salida Capital and Haywood Securities. The funding will allow Vital Alert to produce and sell wireless communications systems, associated software and licenses to systems integrators, communication equipment vendors and network providers. The company is the holder of two exclusive licenses from Los Alamos National Laboratory for patented very low frequency digital communication technology for the urban and mining fields of use. It is quite remarkable that Vital Alert was a presenter at this year’s Technology Ventures Equity Capital Symposium held in May and has already secured investment funding.
