The team at Jumpstart Foundry has invested $2.25 million in the 15 promising startups — two of them from Middle Tennessee — that make up most of its 2019 cohort.
Run by Vic Gatto, Jumpstart looks for health care companies that have a product but may need to refine it or are ready to go to market. The firm invests $150,000 in each venture — valuing them at either $2 million or $4 million — and works with them to improve their systems and become cash-flow-positive.