Predict your next investment

Venture Capital
nctventures.com

See what CB Insights has to offer

Investments

34

Portfolio Exits

7

Funds

5

About NCT Ventures

NCT Ventures is a venture capital firm founded by entrepreneurs. The roots of NCT Ventures go back to 1986, when Rich Langdale sold his car to invest $5,000 in a start-up business - Digital Storage - a wholesaler of computer supplies. The company grew and diversified into international markets through a series of partnerships, joint ventures and wholly owned subsidiaries. For the last few years NCT has focused both on investing in their community and their core competencies of marketing, logistics, and disruptive platform technologies.

NCT Ventures Headquarter Location

PO Box 2790 274 Marconi Boulevard Suite 400

Westerville, Ohio, 43086,

United States

614-794-2732

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 NCT Ventures News

Thompson Hine Hires Leading Venture Capitalist in Midwest

Mar 2, 2020

0 Message : Lindsay Karas Stencel Joins as a Partner Thompson Hine LLP is pleased to announce that Lindsay Karas Stencel has joined the firm’s Columbus office as a partner in its Early Stage & Emerging Companies practice. Stencel spent the past 12 years at NCT Ventures, an early-stage venture capital firm based in Columbus that focuses on investing in high-growth startups. There, she managed and oversaw all venture fund formation and structuring and emerging company deal structuring, portfolio management, limited partner relations and fundraising. “Joining Thompson Hine in the venture capital and emerging companies practice is the opportunity of a lifetime,” said Stencel. “The Columbus venture capital community, and the Midwest at large, is flourishing with potential. Thompson Hine is a firm with an entrepreneurial spirit and an established, well-respected emerging markets team. The firm’s innovative platform presents a unique opportunity to make a strong impact in the Columbus market.” Stencel served as Chief Legal Counsel and a Managing Partner at NCT Ventures, becoming one of the first female venture capital partners in the state of Ohio. In this capacity, she acted as a venture finance professional and lawyer for the firm’s family of venture capital funds and investment vehicles. While serving as investor-side counsel at NCT Ventures, Stencel became engaged with Launch New York, Inc. in 2016. This Buffalo-based venture development organization provides mentorship and funding to seed-stage businesses across all industries in the western counties of New York. Initially joining the firm as Chief Operating Officer and Fund Manager, Stencel subsequently moved into the Chief Investment Officer and Fund Manager role. During her tenure, she led the firm to become the most active seed fund in the state of New York and one of the most active in the country, garnering her the 2018 Upstate Capital Association Early Stage Dealmaker of the Year Award and the 2019 Upstate Capital Association Investor of the Year Award. “We are excited to watch the Columbus venture capital ecosystem continue to flourish and thrilled to have Lindsay represent us and others in the region as she progresses to the next level in her career,” said Rich Langdale, Managing Partner of NCT Ventures. In 2010, while working for NCT Ventures, Stencel started and grew her own legal practice, representing venture capital firms, emerging companies and small businesses. Emerging fund managers nationally seek out Stencel for her unique skillset. She closed in excess of 1,000 pre-seed, seed and early stage transactions and led numerous companies through their M&A transactions. “Lindsay will be a tremendous addition to our emerging markets practice and our Columbus office,” said Partner-in-Charge Michael V. Wible . “Her leadership of Launch New York propelled it to become one of the most active seed funds nationally. Lindsay’s work at NCT Ventures and the growth of her practice are equally impressive. Lindsay’s energy and expertise in this area will further complement the firm’s work with early stage and venture capital transactions.” Stencel is an adjunct professor teaching “Venture Capital and Dealmaking” at The Ohio State University Michael E. Moritz College of Law and a co-founder of The W Fund, an organization seeking to get more venture capital dollars into the hands of women across the country. She is also a frequent guest speaker at the Moritz College of Law and instructs investors, entrepreneurs and economic development groups across the country on market standard deal structuring. She received her J.D. from the Moritz College of Law and her MBA from The Max M. Fisher College of Business. She is a member of the Ohio, Michigan and New York bars. About Thompson Hine LLP. Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. Thompson Hine has distinguished itself in all areas of Service Delivery Innovation in the BTI Brand Elite, where it has been recognized as one of the top 4 firms for “Value for the Dollar” and “Commitment to Help” and among the top 5 firms “making changes to improve the client experience.” The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTH® – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH . View source version on businesswire.com: https://www.businesswire.com/news/home/20200302005779/en/ © Business Wire 2020

NCT Ventures Investments

34 Investments

NCT Ventures has made 34 investments. Their latest investment was in OROS Apparel as part of their Series A on June 6, 2021.

CBI Logo

NCT Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/14/2021

Series A

OROS Apparel

$14.5M

No

6

10/6/2020

Series B

Rhyme

$10M

No

2

1/9/2020

Series C

Enlace Health

$27M

No

8

11/26/2019

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

5/15/2019

Seed VC - III

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/14/2021

10/6/2020

1/9/2020

11/26/2019

5/15/2019

Round

Series A

Series B

Series C

Seed VC

Seed VC - III

Company

OROS Apparel

Rhyme

Enlace Health

Subscribe to see more

Subscribe to see more

Amount

$14.5M

$10M

$27M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

6

2

8

10

10

NCT Ventures Portfolio Exits

7 Portfolio Exits

NCT Ventures has 7 portfolio exits. Their latest portfolio exit was Data Inventions on August 09, 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

8/9/2022

Acquired

$99M

2

12/13/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

2/10/2020

Merger

Subscribe to see more

$99M

Subscribe to see more

10

8/8/2019

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

4/1/2019

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/9/2022

12/13/2021

2/10/2020

8/8/2019

4/1/2019

Exit

Acquired

Acquired

Merger

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

10

10

NCT Ventures Fund History

5 Fund Histories

NCT Ventures has 5 funds, including NCT Ventures.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/30/2009

NCT Ventures

Multi-Stage Venture Capital

Closed

$23M

1

NCT Ventures Opportunity Fund

10

Validation Fund

Subscribe to see more

Subscribe to see more

10

NCT Ventures Fund II

Subscribe to see more

Subscribe to see more

10

Sadie Wavemaker Ventures Fund I LP

Subscribe to see more

Subscribe to see more

10

Closing Date

6/30/2009

Fund

NCT Ventures

NCT Ventures Opportunity Fund

Validation Fund

NCT Ventures Fund II

Sadie Wavemaker Ventures Fund I LP

Fund Type

Multi-Stage Venture Capital

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

Amount

$23M

Sources

1

10

10

10

10

NCT Ventures Team

1 Team Member

NCT Ventures has 1 team member, including current Founder, Rich Langdale.

Name

Work History

Title

Status

Rich Langdale

Founder

Current

Name

Rich Langdale

Work History

Title

Founder

Status

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.