Serra Ventures

Serra Ventures

A microventure capital firm in Illinois that focuses on investing in technology companies.

Serra Ventures is a microventure capital firm in Illinois that focuses on investing in technology companies. Founded 1998 in Champaign, Illinois, United States by Dennis Beard, Rob Schultz, Steve Beck, and Tim Hoerr, it invests in early stage ventures, series A, seed, convertible notes, and series B rounds. Its portfolio companies include PayStand, TimeDoc Health, Evisort, Conservation Labs, Daasity, SNOOZ, Ryvit, WhiteFox Defense Technologies, Blooma and VeriSIM Life. As of April 2020, Serra Ventures has made 195 investments. Their most recent investment was on February 6, 2020, when PayStand raised $20M. Serra Ventures has had 10 exits, the most notable of which include Agrible, Olio Devices, and Persio. Serra Ventures has raised four funds, their latest being Serra Capital II Follow-On Fund. This fund was announced on February 11, 2019 and raised a total of $9M.

Timeline

Funded Companies

Company
Description
Industry
Website
Location
PayStand

A software company offering a blockchain and cloud technology platform for business to business payments.

Tank Utility is a Boston-based company founded by Amos Epstein, David Gagnon, Kyle Murphy and Nicholas Mashburn.

Inprentus has developed a new method for manufacturing mechanically ruled blazed diffraction gratings for synchrotron, FEL and laser applications, offering high resolving power with blaze angles lower than 1 degree.

CureMatch is a San Diego-based healthcare company developing digital health platform for oncology and patients.

Cardea Bio is a San Diego-based company developing biology-gated transistors for molecular diagnostics.

Cardea is a San Diego-based biosensor company founded in 2013 by Ross Bundy.

16 Results
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Associated investment funds

Investment Fund
Total offering (USD)
Total sold (USD)
Location
Date signed
Serra Capital III, LP
50,000,000
13,005,000
April 15, 2016
15,000,000
3,075,000
October 29, 2010
30,000,000
7,365,000
January 9, 2014
3 Results
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People

Name
Role
LinkedIn

Dennis Beard

Managing Partner

Rob Schultz

Managing Partner

Tim Hoerr

CEO & Managing Partner

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

Conservation Labs

Daasity

Evisort

PayStand

SNOOZ

TimeDoc Health

News

Title
Author
Date
Publisher
Description
March 2, 2020
WebWire
CHAMPAIGN, ILLINOIS - Nationally ranked startup accelerator gener8tor and venture capital fund Serra Ventures have announced a new partnership to bring programming for agtech startups to Champaign. Under the banner of the Illinois AgTech Accelerators, the programs will be offered under gener8tor's gBETA and gener8tor accelerator models starting in Summer 2020, thanks to the support of Agri-Fab, Inc., Fox Development Corp., GEM Realty Capital, The UIUC Research Park, the University of Illin...
October 30, 2019
WebWire
Champaign, IL - SNOOZ, Inc., the Champaign-based company that has created the top-rated premium white noise machine on Amazon®, has raised $1.35M in a Series Seed funding round, led by Serra Ventures with participation from Irish Angels and individual investors. , , , , Launched in 2015 on the heels of a very successful Kickstarter® campaign, the innovative company has experienced rapid growth in the last two years. Expansion into the hospitality market has been a major focus recently, with a...
June 4, 2019
WebWire
CHAMPAIGN, June 1, 2019 -- Serra Ventures, a Champaign-based venture capital firm, is pleased to announce that it has made an investment in Tillable. Tillable is an easy-to-use online marketplace helps landowners and farmers determine fair rent for farmland, helping both sides connect on an efficient, convenient and secure online platform., , , , "We are happy to add Tillable to our exciting AgTech portfolio for several reasons," said Serra Ventures Managing Partner Rob Schultz. "First, we ar...
May 29, 2019
WebWire
Champaign, IL - (May 28, 2019) - Madison-based Medical Engineering Innovations, Inc. (MEI), a company that is in the process of developing and commercializing electro-mechanical medical devices initially focused on liver surgery and localized cancers, has received Series A funding from Champaign, Illinois-based venture firm Serra Ventures through its newly licensed Small Business Investment Company ("SBIC") fund, Serra Capital III (SBIC), LP. The Serra SBIC and its sister fund, Serra Capit...

References

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