Maine Angel Investments


Portfolio Statistics

Company Stage at Initial Investment

Total Maine Angels Investment Per Company

Invested Company Locations


 

           Current Portfolio

Elliot, ME 2012, Marketing Technology $382,000(+2) Abierto Networks is a leading provider of Digital Marketing Technology and POS Transaction Processing Solutions, with primary focus on Convenience Foodservice and Convenience Retail applications.

Elliot, ME

2012, Marketing Technology $382,000(+2)

Abierto Networks is a leading provider of Digital Marketing Technology and POS Transaction Processing Solutions, with primary focus on Convenience Foodservice and Convenience Retail applications.

Portland, ME 2013, Biotech - $630,000(+4) AboGen is a commercial-stage medical device company that has developed transformative technology: a saliva collection and preservation technology designed to preserve all the components in saliva and potentially replace up to 80% of the 5 billion blood tests performed annually.

Portland, ME

2013, Biotech - $630,000(+4)

AboGen is a commercial-stage medical device company that has developed transformative technology: a saliva collection and preservation technology designed to preserve all the components in saliva and potentially replace up to 80% of the 5 billion blood tests performed annually.

    Portland, ME 2012, Educational Software $378,000(+4) AcademicMerit is the only cloud-based platform that seamlessly integrates competency-based professional learning with student assessment and instructional content. 

 

 

Portland, ME

2012, Educational Software $378,000(+4)

AcademicMerit is the only cloud-based platform that seamlessly integrates competency-based professional learning with student assessment and instructional content. 

Gouldsboro, ME 2016, Aquaculture - $298,162 (+1) Acadia Harvest® is focused on selling premium marine seafood in a sustainable manner, helping to feed the world's growing population while easing the demand for wild harvests in our oceans.

Gouldsboro, ME

2016, Aquaculture - $298,162 (+1)

Acadia Harvest® is focused on selling premium marine seafood in a sustainable manner, helping to feed the world's growing population while easing the demand for wild harvests in our oceans.


 
  Boston, MA 2014, Security $185,000(+1) Bounce Imaging's low-cost, throwable, omni-directional cameras enable first responders to safely inspect dangerous spaces in 360 degrees on their phone without entering.

 

Boston, MA

2014, Security $185,000(+1)

Bounce Imaging's low-cost, throwable, omni-directional cameras enable first responders to safely inspect dangerous spaces in 360 degrees on their phone without entering.

Billerica, MA 2006, Media - $1,220,000(+3) Broadcast Pix lets you easily create great live video with the most innovative IP solutions. Take Control from anywhere, from tablets, phones and panels, with BPswitch. Solutions for broadcast, corporate, education, government, worship, sports, streaming and radio.

Billerica, MA

2006, Media - $1,220,000(+3)

Broadcast Pix lets you easily create great live video with the most innovative IP solutions. Take Control from anywhere, from tablets, phones and panels, with BPswitch. Solutions for broadcast, corporate, education, government, worship, sports, streaming and radio.

Pittsburgh, PA 2017, Biotechnology - $100,000 Carmell Therapeutics is a clinical development stage company that is on path to gain US FDA & EU regulatory approval for its first Plasma-based Bioactive Material product, Bone Healing Accelerant, in the expanding market of orthopedic trauma.

Pittsburgh, PA

2017, Biotechnology - $100,000

Carmell Therapeutics is a clinical development stage company that is on path to gain US FDA & EU regulatory approval for its first Plasma-based Bioactive Material product, Bone Healing Accelerant, in the expanding market of orthopedic trauma.

Portland, ME 2011, Socially Responsible Investments - $50,000 CEI Ventures manages socially responsible venture capital funds. The company was founded in 1994 to mobilize private capital markets while advancing social goals. 

Portland, ME

2011, Socially Responsible Investments - $50,000

CEI Ventures manages socially responsible venture capital funds. The company was founded in 1994 to mobilize private capital markets while advancing social goals. 


  Orono, ME 2012, Clean Tech - $810,000(+4) Cerahelix is a developer and producer of high purity separation filters. The Cerahelix PicoHelix filter is made out of renewable ceramic material and is used to make products from biomass, to re-use and recycle resources, and to purify water. 

 

Orono, ME

2012, Clean Tech - $810,000(+4)

Cerahelix is a developer and producer of high purity separation filters. The Cerahelix PicoHelix filter is made out of renewable ceramic material and is used to make products from biomass, to re-use and recycle resources, and to purify water. 

  Portland, ME 2015, Mobile - $160,000 The National Parks by Chimani app includes information and photos on more than 400+ units of the National Park System, including national parks, monuments, seashore, historic sites, and more.

 

Portland, ME

2015, Mobile - $160,000

The National Parks by Chimani app includes information and photos on more than 400+ units of the National Park System, including national parks, monuments, seashore, historic sites, and more.

Pittsburg, PA 2014, Biotech - $187,000(+1) Cognition Therapeutics Inc. is a drug discovery and development company. Founded in 2007, the company uses proprietary biology and chemistry platforms to discover novel drug targets and disease modifying therapies for disorders of the central nervous system.

Pittsburg, PA

2014, Biotech - $187,000(+1)

Cognition Therapeutics Inc. is a drug discovery and development company. Founded in 2007, the company uses proprietary biology and chemistry platforms to discover novel drug targets and disease modifying therapies for disorders of the central nervous system.

 
  Acton, MA 2006, Medical Diagnostics $494,000(+2) Cognoptix is creating and developing a simple, innovative non-invasive eye scanning test for the early detection and diagnosis of Alzheimer’s Disease.

 

Acton, MA

2006, Medical Diagnostics $494,000(+2)

Cognoptix is creating and developing a simple, innovative non-invasive eye scanning test for the early detection and diagnosis of Alzheimer’s Disease.


Newton, MA 2012, Medical Therapeutics $125,000(+1) Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases.

Newton, MA

2012, Medical Therapeutics $125,000(+1)

Corbus Pharmaceuticals Holdings, Inc. is a Phase 3 clinical stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases.

Gouldsboro, ME 2016, Web Services - $280,000 CourseStorm makes increasing enrollment impossibly simple by providing simple tools for online class registration to get the job done quickly, saving time and money.

Gouldsboro, ME

2016, Web Services - $280,000

CourseStorm makes increasing enrollment impossibly simple by providing simple tools for online class registration to get the job done quickly, saving time and money.

Boston, MA 2016, Legal Services - $20,000(+1) The mission of Directive Communication Systems is to use technology to simplify the complex logistical and emotional process to provide greater peace of mind. The DCS platform empowers an individual with efficient estate planning, while clearly outlining wishes for digital profiles, off-line and cash value accounts.

Boston, MA

2016, Legal Services - $20,000(+1)

The mission of Directive Communication Systems is to use technology to simplify the complex logistical and emotional process to provide greater peace of mind. The DCS platform empowers an individual with efficient estate planning, while clearly outlining wishes for digital profiles, off-line and cash value accounts.

Auburn, ME 2017, Food & Beverage - $100,000 Demers Food Group Inc. is the parent company of two food brands, Cheating Gourmet and Brava Meat. Their products are sold to grocery and club stores nationwide. 

Auburn, ME

2017, Food & Beverage - $100,000

Demers Food Group Inc. is the parent company of two food brands, Cheating Gourmet and Brava Meat. Their products are sold to grocery and club stores nationwide. 


Orono, ME 2015, Sports - $229,000(+2) Double Blue's new CoachCast platform solves the unmet video management needs of large coaching organizations, by specifically addressing the video capture, video review, group management, sharing, and storage challenges facing enterprise customers.

Orono, ME

2015, Sports - $229,000(+2)

Double Blue's new CoachCast platform solves the unmet video management needs of large coaching organizations, by specifically addressing the video capture, video review, group management, sharing, and storage challenges facing enterprise customers.

 
  Rockland, ME 2016, Marketing - $105,000(+1) Dream Local Digital is a Maine-based highly scalable digital marketing company serving SMBs nationwide. They are a cash-flow driven break-even company with an experienced team and validated model that is seeking funding to accelerate growth.

 

Rockland, ME

2016, Marketing - $105,000(+1)

Dream Local Digital is a Maine-based highly scalable digital marketing company serving SMBs nationwide. They are a cash-flow driven break-even company with an experienced team and validated model that is seeking funding to accelerate growth.

 
  Boston, MA 2011, Web Services - $385,900(+2) ezCater is the only nationwide marketplace for corporate catering. From routine office lunches to offsite client meetings, from 5 to 2,000 people, ezCater has a solution.  They connect business people with over 50,000 reliable local caterers and restaurants across the U.S. 

 

Boston, MA

2011, Web Services - $385,900(+2)

ezCater is the only nationwide marketplace for corporate catering. From routine office lunches to offsite client meetings, from 5 to 2,000 people, ezCater has a solution.  They connect business people with over 50,000 reliable local caterers and restaurants across the U.S. 

Brunswick, ME 2012, Food & Beverage $450,000(+3) The Gelato Fiasco crafts small batches of exact recipe, premium ingredient gelato. With a new standard of quality and taste, the Gelato Fiasco sells their product in their three retail locations and through retailers across the country. 

Brunswick, ME

2012, Food & Beverage $450,000(+3)

The Gelato Fiasco crafts small batches of exact recipe, premium ingredient gelato. With a new standard of quality and taste, the Gelato Fiasco sells their product in their three retail locations and through retailers across the country. 


Boston, MA 2014, Travel - $50,000 Groupize's passion is to develop technology solutions to automate the group hotel booking market. Groupize launched with a white label solution for hotel chains to book and manage groups off their own websites.

Boston, MA

2014, Travel - $50,000

Groupize's passion is to develop technology solutions to automate the group hotel booking market. Groupize launched with a white label solution for hotel chains to book and manage groups off their own websites.

Biddeford, ME 2016, Consumer Products $387,600 Hyperlite Mountain Gear is about stripped down, high performance gear that's been dialed in to meet, in as minimalist a manner as possible, the exacting requirements of the people who use it.

Biddeford, ME

2016, Consumer Products $387,600

Hyperlite Mountain Gear is about stripped down, high performance gear that's been dialed in to meet, in as minimalist a manner as possible, the exacting requirements of the people who use it.

 
Portland, ME 2013, Software - $160,000(+4) Introspective Systems is an applied science and systems engineering software firm developing performance-based modeling, simulation and optimization software.

Portland, ME

2013, Software - $160,000(+4)

Introspective Systems is an applied science and systems engineering software firm developing performance-based modeling, simulation and optimization software.

 
Lowell, MA 2017, Aquaculture - $25,000 KnipBio is a clean biotechnology company that realizes that we are not only what we eat, but we are what our food eats too.By harnessing the potential of synthetic biology and metabolic engineering, KnipBio creates solutions for sustainable aquaculture.

Lowell, MA

2017, Aquaculture - $25,000

KnipBio is a clean biotechnology company that realizes that we are not only what we eat, but we are what our food eats too.By harnessing the potential of synthetic biology and metabolic engineering, KnipBio creates solutions for sustainable aquaculture.


 
  Wodburn, MA 2013, Financial Services - $70,000 LeaseQ is the only source for instant leasing quotes from leading finance companies and the fastest and safest way to lease equipment from the company of your choice. No sales reps. You're in control. 

 

Wodburn, MA

2013, Financial Services - $70,000

LeaseQ is the only source for instant leasing quotes from leading finance companies and the fastest and safest way to lease equipment from the company of your choice. No sales reps. You're in control. 

 
New York, NY 2006, IT Services - $105,000 Linkstorm provides highly interactive web-based advertisements. Clients experience 2-17 times better click through rates, dynamic updates in real-time, and better, deeper data on consumers' true interests matching clicks with potential sales. 

New York, NY

2006, IT Services - $105,000

Linkstorm provides highly interactive web-based advertisements. Clients experience 2-17 times better click through rates, dynamic updates in real-time, and better, deeper data on consumers' true interests matching clicks with potential sales. 

Portland, ME 2016, Food & Beverage - $425,000 Maine Craft Distilling marries Maine agricultural products to traditional methods, creating unique spirits that combine the terroir of Maine with, their founder Luke's, perfectionist sense of craft. 

Portland, ME

2016, Food & Beverage - $425,000

Maine Craft Distilling marries Maine agricultural products to traditional methods, creating unique spirits that combine the terroir of Maine with, their founder Luke's, perfectionist sense of craft. 

 
Portland, ME 2011, Real Estate - $970,000(+1) Maine Wealth Partners ("MWP") provides an opportunity for Investors to capitalize on the distressed single family housing market in Maine. MWP maximizes both cash flow and capital gains by purchasing homes below market value and utilizing an owner finance exit strategy.

Portland, ME

2011, Real Estate - $970,000(+1)

Maine Wealth Partners ("MWP") provides an opportunity for Investors to capitalize on the distressed single family housing market in Maine. MWP maximizes both cash flow and capital gains by purchasing homes below market value and utilizing an owner finance exit strategy.


  Boston, MA 2015, Healthcare - $244,000(+3) MedSentry's Dr. David Bear has been an advocate for improving medication adherence since working with psychiatric patients to reconcile and tele-monitor medication administration in the late 1990's. In MedSenty’s first clinical trial conducted by Partners Healthcare’s Center for Connected Health, they established a 98% medication adherence rate.

 

Boston, MA

2015, Healthcare - $244,000(+3)

MedSentry's Dr. David Bear has been an advocate for improving medication adherence since working with psychiatric patients to reconcile and tele-monitor medication administration in the late 1990's. In MedSenty’s first clinical trial conducted by Partners Healthcare’s Center for Connected Health, they established a 98% medication adherence rate.

Paris, ME 2016, Healthcare - $720,000 Mingle Analytics (Mingle) helps healthcare practitioners comply with complex and rapidly evolving Medicare quality reporting requirements, by blending advanced analytics in its proprietary suite of software with the consultative services of a team of highly skilled healthcare professionals.

Paris, ME

2016, Healthcare - $720,000

Mingle Analytics (Mingle) helps healthcare practitioners comply with complex and rapidly evolving Medicare quality reporting requirements, by blending advanced analytics in its proprietary suite of software with the consultative services of a team of highly skilled healthcare professionals.

Concord, NH 2010, Nanotechnology $515,000(+3) Nanocomp translates the promise of nano into practical solutions with real world impact. They offer an array of high-performance advanced materials designed to solve our customer’s most challenging problems.

Concord, NH

2010, Nanotechnology $515,000(+3)

Nanocomp translates the promise of nano into practical solutions with real world impact. They offer an array of high-performance advanced materials designed to solve our customer’s most challenging problems.

Portland, ME 2016, Software - $580,000 NBT Solutions is a web mapping and GIS software company founded in 2008. Based in Portland, Maine, NBT Solutions develops specialized web mapping applications and provides GIS and information technology consulting services to telecommunications clients.

Portland, ME

2016, Software - $580,000

NBT Solutions is a web mapping and GIS software company founded in 2008. Based in Portland, Maine, NBT Solutions develops specialized web mapping applications and provides GIS and information technology consulting services to telecommunications clients.


 
Wilmington, MA 2012, Real Estate - $790,000 Northern Equity is a group of seasoned real estate professionals that acquire distressed multi family real estate using a model of disciplined underwriting and measurable results. These investments stimulate both the local and national economy by rebuilding communites of distressed properties which benefits neighborhoods and local businesses. 

Wilmington, MA

2012, Real Estate - $790,000

Northern Equity is a group of seasoned real estate professionals that acquire distressed multi family real estate using a model of disciplined underwriting and measurable results. These investments stimulate both the local and national economy by rebuilding communites of distressed properties which benefits neighborhoods and local businesses. 

 
  Portland, ME 2016, Food Beverage $55,000(+1) Northstar Brands LLC (NB) is an alcoholic beverage industry (Spirits, Wine and Beer) company focused on sales and marketing of premium brands Regionally and Nationally. By building a distribution network as they build their agency brands and their own proprietary brands, NB will be able to compete where other small suppliers are unable to reach.

 

Portland, ME

2016, Food Beverage $55,000(+1)

Northstar Brands LLC (NB) is an alcoholic beverage industry (Spirits, Wine and Beer) company focused on sales and marketing of premium brands Regionally and Nationally. By building a distribution network as they build their agency brands and their own proprietary brands, NB will be able to compete where other small suppliers are unable to reach.

 
Portland, ME 2007, Energy - $100,000(+1) Ocean Renewable Power Company, Inc. (ORPC) is a global leader in hydrokinetic power system technology and project solutions. They have a committed and experienced team of professionals that sets a high standard for environmentally suitable river and ocean power solutions that solve the problem of high cost, environmentally risky electricity generation in "islanded" communities.

Portland, ME

2007, Energy - $100,000(+1)

Ocean Renewable Power Company, Inc. (ORPC) is a global leader in hydrokinetic power system technology and project solutions. They have a committed and experienced team of professionals that sets a high standard for environmentally suitable river and ocean power solutions that solve the problem of high cost, environmentally risky electricity generation in "islanded" communities.

Newton, MA 2013, Biotechnology    $622,379(+5) Siamab Therapeutics is a bio-pharmaceutical company developing therapies targeting cancers that express abnormal carbohydrates/glycans. They have developed a technology platform that enables the discovery of large numbers of highly specific, high affinity anti-TACA therapeutic antibodies.

Newton, MA

2013, Biotechnology    $622,379(+5)

Siamab Therapeutics is a bio-pharmaceutical company developing therapies targeting cancers that express abnormal carbohydrates/glycans. They have developed a technology platform that enables the discovery of large numbers of highly specific, high affinity anti-TACA therapeutic antibodies.


Gorham, ME 2012, Energy - $1,504,797(+6) Pika Energy develops and manufactures power electronics that provide secure, uninterruptable power and energy cost savings through our REbus™ bi-directional inverter technology. First-generation products went to market in 2014 with dealers and installations in 16 states and South America.

Gorham, ME

2012, Energy - $1,504,797(+6)

Pika Energy develops and manufactures power electronics that provide secure, uninterruptable power and energy cost savings through our REbus™ bi-directional inverter technology. First-generation products went to market in 2014 with dealers and installations in 16 states and South America.

Cambridge, MA 2011, Marketing - $170,000(+1) Pixability helps businesses develop online video marketing. They provide everything a business needs to be successful through online video marketing software and services.  Using marketing software with their patentable algorithms to collect an extensive proprietary data set enables customers to target their customers with online video. 

Cambridge, MA

2011, Marketing - $170,000(+1)

Pixability helps businesses develop online video marketing. They provide everything a business needs to be successful through online video marketing software and services. 
Using marketing software with their patentable algorithms to collect an extensive proprietary data set enables customers to target their customers with online video. 

Boston, MA 2014, Education - $135,000(+2) QuadWrangle’s alumni engagement platform is reversing the downward trend in the $20 billion per year higher education alumni engagement and giving market through a mass personalization platform that automatically creates personal connections to alumni along with personalized calls to action.

Boston, MA

2014, Education - $135,000(+2)

QuadWrangle’s alumni engagement platform is reversing the downward trend in the $20 billion per year higher education alumni engagement and giving market through a mass personalization platform that automatically creates personal connections to alumni along with personalized calls to action.

Portland, ME 2016, Food & Beverage $223,850(+1) Redd bars are incredibly nutritious superfood energy bars made with a progressive combination of organic and plant based ingredients. The bar is free from common allergens, including gluten, dairy, and soy.

Portland, ME

2016, Food & Beverage $223,850(+1)

Redd bars are incredibly nutritious superfood energy bars made with a progressive combination of organic and plant based ingredients. The bar is free from common allergens, including gluten, dairy, and soy.


Waltham, MA 2012, Biotech - $210,000(+3) Respiratory Motion is a medical device company focusing on the development and commercialization of innovative devices to monitor respiratory variation. Their lead product is the first non-invasive, point-of-care monitor to deliver a real-time, quantitative measurement of the adequacy of breathing.

Waltham, MA

2012, Biotech - $210,000(+3)

Respiratory Motion is a medical device company focusing on the development and commercialization of innovative devices to monitor respiratory variation. Their lead product is the first non-invasive, point-of-care monitor to deliver a real-time, quantitative measurement of the adequacy of breathing.

Brunswick, ME 2015, Business Services $285,000(+1) SaviLinx is a contact center company providing business process services as an outsourcing partner for federal, state and local government and commercial clients.

Brunswick, ME

2015, Business Services $285,000(+1)

SaviLinx is a contact center company providing business process services as an outsourcing partner for federal, state and local government and commercial clients.

Portland, ME 2014, Consumer Products - $10,000 Scentovation is a manufacturer of innovative scent and pheromone diffusion materials and devices based on a new generation of patented hydrophilic polyurethane foams (HPUS).

Portland, ME

2014, Consumer Products - $10,000

Scentovation is a manufacturer of innovative scent and pheromone diffusion materials and devices based on a new generation of patented hydrophilic polyurethane foams (HPUS).

Cambridge, MA 2014, Biotech - $75,000 SQZ Biotech aims to use cells as the therapeutic. By directly engineering complex cell functions, they aspire to develop therapies that are more effective and safer than conventional approaches - potentially allowing the most devastating diseases to be tackled.

Cambridge, MA

2014, Biotech - $75,000

SQZ Biotech aims to use cells as the therapeutic. By directly engineering complex cell functions, they aspire to develop therapies that are more effective and safer than conventional approaches - potentially allowing the most devastating diseases to be tackled.


Waltham, MA 2007, Mobile Technology $235,000(+2) Tego’s technology embeds data and documents directly on an asset, bringing intelligence to your assets and useful and timely information at the point of use.  You can transfer the data to and from enterprise systems yet there is no need for constant connectivity. The local data allows for local analytics and decision making.

Waltham, MA

2007, Mobile Technology $235,000(+2)

Tego’s technology embeds data and documents directly on an asset, bringing intelligence to your assets and useful and timely information at the point of use.  You can transfer the data to and from enterprise systems yet there is no need for constant connectivity. The local data allows for local analytics and decision making.

 
  Boston, MA 2015, Education - $150,000(+1) Testive offers advanced SAT and ACT learning software developed at MIT paired with the motivational support of top 1% scoring coaches. Students receive regular practice assignments, feedback, and expert instruction that is always personalized to their specific knowledge gaps for faster learning.

 

Boston, MA

2015, Education - $150,000(+1)

Testive offers advanced SAT and ACT learning software developed at MIT paired with the motivational support of top 1% scoring coaches. Students receive regular practice assignments, feedback, and expert instruction that is always personalized to their specific knowledge gaps for faster learning.

Beverly, MA 2014, Medical  - $142,000(+2) Windgap Medical is developing healthcare products that meet the demands of your lifestyle. They are currently developing a miniature, easy-to-use autoinjector filled with heat stable epinephrine, addressing the top three Epipen deficiencies.

Beverly, MA

2014, Medical  - $142,000(+2)

Windgap Medical is developing healthcare products that meet the demands of your lifestyle. They are currently developing a miniature, easy-to-use autoinjector filled with heat stable epinephrine, addressing the top three Epipen deficiencies.