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Advanced Technology Development Center company logo
Incubator/Accelerator
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
atdc.org

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Investments

167

Portfolio Exits

9

Partners & Customers

10

About Advanced Technology Development Center

The Advanced Technology Development Center (ATDC) strives to be the worlds best technology business incubator. Our mission: to increase the technology business base in Georgia by helping entrepreneurs launch and build successful high-tech companies. For more than 25 years, ATDC has provided strategic business advice and connected member companies to people and resources they need to succeed.

Advanced Technology Development Center Headquarter Location

75 Fifth Street, N.W. Suite 200

Atlanta, Georgia, 30308,

United States

404-894-3575

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Latest Advanced Technology Development Center News

Vacmobile Joins Georgia Tech’s Advanced Technology Development Center’s Accelerate Startup Portfolio

Aug 4, 2022

Vacmobile offers unique, globally scalable, rapidly deployable solution Download Jennifer Sparks, Vacmobile CEO. (Photo: Business Wire) August 04, 2022 09:00 AM Eastern Daylight Time ATLANTA--( BUSINESS WIRE )--Vacmobile Corporation, a leader in the digital transformation of vaccination and test records, today announced it has been accepted into the Advanced Technology Development Center’s ATDC Accelerate startup portfolio. A program of Georgia Tech’s Enterprise Innovation Institute , ATDC is the state of Georgia’s technology startup incubator. It helps entrepreneurs learn, launch, scale, and succeed in creating viable, disruptive technology companies. Founded by Jennifer and Billy Sparks, Vacmobile is a developer of globally scalable, HIPAA-compliant solutions that securely authenticate and manage digital immunization and testing records. Vacmobile is digitally enabling employers to adhere to regulatory requirements and promote evidence-based best practices to keep their employees, vendors, visitors, and customers safe. In the United States alone, more than 100 million people annually are required to provide proof of vaccination for their employment or education. Jennifer Sparks, Vacmobile CEO, said, “Vacmobile is honored to be joining ATDC’s Accelerate program. We are proud to be collaborating with the brilliant thought leaders within the Georgia Tech ecosystem. Digital transformation of vaccination records is long overdue and incredibly complex. The legacy of tech innovation that has been launched from Georgia Tech is internationally recognized and we look forward to adding to that tradition of market disruption.” Greg Jungles, ATDC HealthTech Catalyst, said, “Vacmobile’s SaaS-based digital vaccination and immunization tracking solution addresses an historically ignored problem for individuals, companies, and government institutions,” said Greg Jungles, ATDC HealthTech Catalyst. We look forward to helping the Vacmobile team continue their start-up journey and we welcome them to the ATDC Accelerate program.” Sherry Farrugia, CEO of the Global Center for Medical Innovation, stated “As the CEO of a global medical organization, we know how important authenticated proof of vaccinations is for regulatory compliance and employee safety. Vacmobile's solution solves vaccination record keeping problems that enterprises have struggled with for decades. Their ability to leverage the power of the SMART health card network of issuers coupled with their own patent-pending fraud detection algorithm for self-reported vaccination records that cannot be verified through an API connection is unique in the marketplace." Vacmobile’s ability to deliver real time visibility with dashboard reporting — for enterprises large and small — into the health status of their employees, vendors, and visitors will ensure employers are meeting regulatory compliance and improving safety for their entire ecosystem. Realtime data collection and reporting delivers agile response times. About Vacmobile Corporation Vacmobile Corporation is a developer of globally scalable solutions to securely authenticate and manage digital immunization and testing records. Vacmobile is digitally enabling employers to adhere to regulatory requirements and promote evidence-based best practices to keep their employees and their customers safe. In the US alone, more than 100 million people annually are required to provide proof of vaccination for their work or education. Three years before the pandemic, CEO Jennifer Sparks realized the market potential, and desperate need for the digital transformation of vaccination records. Based in the Atlanta metro area, Vacmobile is delivering a HIPAA compliant end-to-end digital, cloud-based solution for managing immunization and other health status records from any device. Vacmobile’s team brings together government, industry, and technology subject matter experts to tackle this complex problem with innovative, scalable solutions. About the Advanced Technology Development Center (ATDC) The Advanced Technology Development Center (ATDC), a program of the Georgia Institute of Technology, is the state of Georgia’s technology startup incubator. Founded in 1980 by the Georgia General Assembly which funds it each year, ATDC’s mission is to work with entrepreneurs in Georgia to help them learn, launch, scale, and succeed in the creation of viable, disruptive technology companies. Since its founding, ATDC has grown to become the longest running and one of the most successful university-affiliated incubators in the United States, with its graduate startup companies raising $3 billion in investment financing and generating more than $12 billion in revenue in the state of Georgia. To learn more, visit atdc.org . Contacts Jeff Battcher

Advanced Technology Development Center Investments

167 Investments

Advanced Technology Development Center has made 167 investments. Their latest investment was in Trusted Sale as part of their Incubator/Accelerator on May 5, 2018.

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Advanced Technology Development Center Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/8/2018

Incubator/Accelerator

Trusted Sale

Yes

1

3/21/2018

Incubator/Accelerator

KNOW Foods

Yes

1

3/21/2018

Incubator/Accelerator

Florence Healthcare

Yes

2

3/20/2018

Incubator/Accelerator - II

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10

3/20/2018

Incubator/Accelerator

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10

Date

5/8/2018

3/21/2018

3/21/2018

3/20/2018

3/20/2018

Round

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator - II

Incubator/Accelerator

Company

Trusted Sale

KNOW Foods

Florence Healthcare

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Amount

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

2

10

10

Advanced Technology Development Center Portfolio Exits

9 Portfolio Exits

Advanced Technology Development Center has 9 portfolio exits. Their latest portfolio exit was Stackfolio on March 03, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/3/2021

Acquired

$99M

3

2/2/2021

Acquired

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$99M

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10

12/8/2020

IPO

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$99M

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10

10/20/2020

Acquired

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$99M

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10

9/2/2020

Acq - Fin

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$99M

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10

Date

3/3/2021

2/2/2021

12/8/2020

10/20/2020

9/2/2020

Exit

Acquired

Acquired

IPO

Acquired

Acq - Fin

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

3

10

10

10

10

Advanced Technology Development Center Partners & Customers

10 Partners and customers

Advanced Technology Development Center has 10 strategic partners and customers. Advanced Technology Development Center recently partnered with Community Bankers Association of Georgia on September 9, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

9/5/2019

Partner

United States

1

7/16/2019

Partner

United States

Redox Launches Effort with the Advanced Technology Development Center to Help Health Technology Startups Scale their Businesses

With Redox becoming an integration vendor for Advanced Technology Development Center , startups of the Advanced Technology Development Center will not only have access to the Redox integration platform at a discounted price , but will also be able to participate in a series of integration-based educational workshops .

4

3/5/2019

Partner

Advanced Technology Development Center Launches ATDC @ Program at Sandy Springs Innovation Center to Support Scaling Technology Startups

This new partnership , the seventh for Advanced Technology Development Center , continues its mission of working with technology startups across Georgia and provides SSIC with a full suite of services to support growing companies in Sandy Springs and North Perimeter .

1

3/5/2019

Partner

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10

3/5/2019

Client

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10

Date

9/5/2019

7/16/2019

3/5/2019

3/5/2019

3/5/2019

Type

Partner

Partner

Partner

Partner

Client

Business Partner

Country

United States

United States

News Snippet

Redox Launches Effort with the Advanced Technology Development Center to Help Health Technology Startups Scale their Businesses

With Redox becoming an integration vendor for Advanced Technology Development Center , startups of the Advanced Technology Development Center will not only have access to the Redox integration platform at a discounted price , but will also be able to participate in a series of integration-based educational workshops .

Advanced Technology Development Center Launches ATDC @ Program at Sandy Springs Innovation Center to Support Scaling Technology Startups

This new partnership , the seventh for Advanced Technology Development Center , continues its mission of working with technology startups across Georgia and provides SSIC with a full suite of services to support growing companies in Sandy Springs and North Perimeter .

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Sources

1

4

1

10

10

Advanced Technology Development Center Team

3 Team Members

Advanced Technology Development Center has 3 team members, including former Chief Executive Officer, Tony Catalfano.

Name

Work History

Title

Status

Tony Catalfano

Chief Executive Officer

Former

Mark Spinner

Chief Executive Officer

Former

Michael Sengbusch

Chief Technology Officer

Former

Name

Tony Catalfano

Mark Spinner

Michael Sengbusch

Work History

Title

Chief Executive Officer

Chief Executive Officer

Chief Technology Officer

Status

Former

Former

Former

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