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Founded in 2002 by Stephen Haynes and Thomas Tyrrell, Glengary LLC is a venture capital firm based in Cleveland providing monetary and human capital to seed, startup, and early stage companies. The organization primarily targets Northeast Ohio enterprises operating across applied technologies, business services, consumer products, non-biomedical healthcare, and software sectors. Glengary typically invests between $100,000 and $1,500,000 per transaction while frequently leading investment syndications with other investors to facilitate larger capital injections for regional startups. Historically, recognized portfolio companies demonstrated massive scale by generating a combined $6,890,000,000 in revenue alongside 32 percent revenue growth and over 22 percent employee growth during a tracked two year period. The investment firm successfully allocated capital to several notable regional startups across its target industries, including prominent portfolio companies Deep Brain Innovations, SPR Therapeutics, and Segmint.
Glengary has 5 tracked investments across 4 companies. The latest tracked deal is $22.2M Series B in Juventas Therapeutics in July 2012.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 16, 2012 | Juventas Therapeutics | $22.2M Series B | Triathlon Medical Ventures | Early Stage Partners, Fletcher Spaght Ventures, Global Cardiovascular Innovation Center, Reservoir Venture Partners, Takeda Ventures, TRI State Growth Fund, Venture Investors |
| Feb 2, 2012 | OnShift | $3.0M Series B | — | Draper Triangle Ventures, Early Stage Partners |
| Aug 16, 2011 | SironRX Therapeutics | $3.4M Series A | Claiborne ("clay") Rankin | Cleveland Clinic, Early Stage Partners, Fletcher Spaght Ventures, Novel, Ohio Tech Angel Fund, Xgen Ventures |
| Dec 6, 2010 | OnShift | $2.3M Other Equity | Mike Stubler | Early Stage Partners, Novel, North Coast Ventures |
| Mar 2, 2010 | Cleveland HeartLab | $3.0M Other Equity | — | Second Generation, Zapis Capital Group |