Predict your next investment

Venture Capital
ctinnovations.com

See what CB Insights has to offer

Investments

480

Portfolio Exits

43

Funds

8

Partners & Customers

1

About Connecticut Innovations

Connecticut Innovations, aka CT Innovations, is a venture capital firm focused on investing in startups based in Connecticut. To maximize company growth potential, CI provides venture capital and strategic support for early-stage technology companies; financial support for innovation and collaboration; and connections to its well-established network of partners and professionals.

Connecticut Innovations Headquarter Location

865 Brook Street

Rocky Hill, Connecticut, 06067,

United States

860-563-5851

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Connecticut Innovations News

FinTron Raises $6.5M in Series A Funding

Jun 2, 2022

FinTron, a Stamford, Conn.-based investment and personal finance application provider, closed a $6.5m Series A funding round, bringing total funds raised to nearly $10m.Backers included AUA Capital Management, Connecticut Innovations, Sage Venture Partners and Webster Bank.The company intends to use the funds to expand its organization, employ new talent, and upgrade its technology and product offerings to include a new rewards engine, crypto trading capabilities, enhanced education, and a Neo-Bank offering.Led by 26-year-old CEO and Connecticut Resident, Wilder Rumpf, FinTron provides an investment and personal finance application which features financial literacy programs to thousands of high school and college students across the country.The company acquired nearly 12,000 new users in 2021 alone and has created a national digital footprint serving clients in 52 states and territories. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

Connecticut Innovations Investments

480 Investments

Connecticut Innovations has made 480 investments. Their latest investment was in Torigen Pharmaceuticals as part of their Unattributed VC on May 5, 2022.

CBI Logo

Connecticut Innovations Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/24/2022

Unattributed VC

Torigen Pharmaceuticals

$4.6M

No

1

4/27/2022

Seed VC - II

CoreChain

$4.2M

No

2

4/26/2022

Series B

Source Defense

$27M

No

4

4/19/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

4/14/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/24/2022

4/27/2022

4/26/2022

4/19/2022

4/14/2022

Round

Unattributed VC

Seed VC - II

Series B

Series A

Series A

Company

Torigen Pharmaceuticals

CoreChain

Source Defense

Subscribe to see more

Subscribe to see more

Amount

$4.6M

$4.2M

$27M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

2

4

10

10

Connecticut Innovations Portfolio Exits

43 Portfolio Exits

Connecticut Innovations has 43 portfolio exits. Their latest portfolio exit was Rally on June 01, 2022.

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

6/1/2022

Acq - Pending

$99M

1

12/1/2021

Acq - Talent

1

10/8/2021

IPO

6

9/1/2021

Acquired

Subscribe to see more

Subscribe to see more

10

8/10/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/1/2022

12/1/2021

10/8/2021

9/1/2021

8/10/2021

Exit

Acq - Pending

Acq - Talent

IPO

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

1

6

10

10

Connecticut Innovations Fund History

8 Fund Histories

Connecticut Innovations has 8 funds, including UConn Innovation Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/21/2017

UConn Innovation Fund

Early-Stage Venture Capital

Closed

$2M

1

9/4/2013

Connecticut Bioscience Innovation Fund

Subscribe to see more

Subscribe to see more

$99M

10

11/24/2008

Connecticut Innovations Clean Technology Fund

Subscribe to see more

Subscribe to see more

$99M

10

12/1/2007

Seed Investment Fund

Subscribe to see more

Subscribe to see more

$99M

10

6/1/2001

BioScience Facilities Fund

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

4/21/2017

9/4/2013

11/24/2008

12/1/2007

6/1/2001

Fund

UConn Innovation Fund

Connecticut Bioscience Innovation Fund

Connecticut Innovations Clean Technology Fund

Seed Investment Fund

BioScience Facilities Fund

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$2M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Connecticut Innovations Partners & Customers

1 Partners and customers

Connecticut Innovations has 1 strategic partners and customers. Connecticut Innovations recently partnered with Stanley Black & Decker on April 4, 2018.

Connecticut Innovations Team

26 Team Members

Connecticut Innovations has 26 team members, including current Chief Executive Officer, Matthew J. Mccooe.

Name

Work History

Title

Status

Matthew J. Mccooe

Chart Venture Partners, Columbia University, Broadview Networks, Avantel, and BD

Chief Executive Officer

Current

Philip Siuta

Chief Financial Officer

Current

David Wurzer

Chief Investment Officer, Executive Vice President

Current

Kevin Crowley

State of Connecticut

Senior Managing Director

Current

Peter Longo

Senior Managing Director

Current

Name

Matthew J. Mccooe

Philip Siuta

David Wurzer

Kevin Crowley

Peter Longo

Work History

Chart Venture Partners, Columbia University, Broadview Networks, Avantel, and BD

State of Connecticut

Title

Chief Executive Officer

Chief Financial Officer

Chief Investment Officer, Executive Vice President

Senior Managing Director

Senior Managing Director

Status

Current

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.