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Venture Capital
trolleyventures.com

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Investments

7

Funds

1

About Trolley Ventures

Trolley Ventures provides capital to early stage companies located in central Virginia.

Trolley Ventures Headquarter Location

1717 East Cary Street

Richmond, Virginia, 23223,

United States

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Latest Trolley Ventures News

American Family backs AnswersNow

Feb 25, 2021

Richmond-based AnswersNow , the telehealth provider with video service designed for Applied Behavior Analysis (ABA) autism therapy, recently closed a Seed round of $1.8 million led by American Family Insurance Institute for Corporate and Social Impact and CIT with participation from Kapor Capital, Trolley Ventures, and K-Street Capital. Funds from the round are being used to fuel expansion plans. Founded in 2016, the company (a team of ~17) offers a digital platform that supports parents of children on the autism spectrum by pairing them with their certified experts and providing clinical interventions. AnswersNow tele-ABA therapy is covered by insurance providers in Virginia, with plans to expand to Florida, Texas, Georgia, Pennsylvania and California. The company will also open its platform nationwide to people who choose to use it via self-pay. “While there are millions of children and adults in the US with an autism spectrum disorder, only a fraction of those individuals has access to high quality care, as they are limited by geography, time, and resources. AnswersNow has built a teletherapy platform that breaks down these barriers while also deeply focusing on supporting equitable care for all kids. I am proud to help support this amazing company in its efforts to bring evidence-based ABA therapy to scale.” – Dr. Joy Ippolito, Social Impact Investment Director, American Family Insurance Institute for Corporate and Social Impact. “We are excited to lead this investment in AnswersNow and look forward to working with Jeff and his team as they expand beyond Commonwealth of Virginia. AnswersNow will improve access to ABA therapy for families in need – particularly important in the age of Covid-19 which has created significant constraints with respect to the availability of providers.” – Alex Euler, Investment Director, CIT GAP Funds. Share this A really good email covering top news. Leave this field empty if you're human: Related Posts

Trolley Ventures Investments

7 Investments

Trolley Ventures has made 7 investments. Their latest investment was in Quantbase as part of their Seed VC on March 3, 2022.

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Trolley Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/18/2022

Seed VC

Quantbase

$0.5M

Yes

2

2/9/2021

Seed VC

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$99M

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10

8/30/2019

Series A

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$99M

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10

11/28/2018

Angel

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$99M

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10

Other Investors

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0

Date

3/18/2022

2/9/2021

8/30/2019

11/28/2018

Round

Seed VC

Seed VC

Series A

Angel

Other Investors

Company

Quantbase

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Amount

$0.5M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

0

Trolley Ventures Fund History

1 Fund History

Trolley Ventures has 1 fund, including Trolley Venture Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

9/17/2018

Trolley Venture Fund I

Early-Stage Venture Capital

Open

$4.01M

1

Closing Date

9/17/2018

Fund

Trolley Venture Fund I

Fund Type

Early-Stage Venture Capital

Status

Open

Amount

$4.01M

Sources

1

Trolley Ventures Team

3 Team Members

Trolley Ventures has 3 team members, including current Managing Partner, Brad Cummings.

Name

Work History

Title

Status

Brad Cummings

Managing Partner

Current

Michael Saxon

Managing Partner

Current

Mark Rausch

Managing Director

Current

Name

Brad Cummings

Michael Saxon

Mark Rausch

Work History

Title

Managing Partner

Managing Partner

Managing Director

Status

Current

Current

Current

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