venVelo Makes Five Additional Investments in Daytona Beach, Gainesville, Miami, Orlando, and Tampa

venVelo, a premier early-stage venture fund for innovative companies seeking capital and mentoring, recently invested in two more Florida startups and three of its current portfolio companies.

Orlando, FL, August 28, 2017 --(PR.com)-- venVelo, a premier early-stage venture fund for innovative companies seeking capital and mentoring, invested in two more Florida startups – Actionable Quality Assurance and Harness – and three of venVelo’s current portfolio companies, Details Flowers, Switchboard Live, and Vigilant Biosciences.

Actionable Quality Assurance
venVelo made an initial investment in Actionable Quality Assurance (AQA), a leading software-as-a-service (SAAS) platform for end-to-end monitoring of food safety with solutions for suppliers and restaurants. AQA is venVelo’s first investment in Gainesville as the fund continues to expand its footprint all across Florida. For more information, visit http://www.actionableqa.com/. (For additional information on AQA’s other funding activity, see “Actionable Quality Assurance Secures $2 Million Seed Funding from Private Angel Investment Group” (http://www.prnewswire.com/news-releases/actionable-quality-assurance-secures-2mm-seed-funding-from-private-angel-investment-group-300504549.html).)

Harness
venVelo has approved an initial investment in Harness, which is revolutionizing the way organizations collect from and connect with their donors. Harness has made the process smarter, more efficient, and highly personal. The Harness Platform allows organizations to acquire new, loyal, lifetime supporters at a fraction of historical costs. Harness has coined the term “Connected Giving” that is becoming widely accepted by thought leaders within the non-profit space. Harness white-labels its platform for each client organization, creating a seamless experience for its donors. The result is a diverse group of loyal supporters that are consistently gratified for their small, painless donations. Harness will be venVelo’s first investment in Tampa. For more information, visit https://harnessapp.com/home/.

venVelo also invested additional funds in three of its current portfolio companies, Details Flowers, Switchboard Live (formerly Joicaster), and Vigilant Biosciences.

Details Flowers
Launched in 2015, Details Flowers is a software platform that helps florists and designers do more and earn more. The application streamlines proposals, ensures arrangements are profitable, and simplifies the payment process. Growers and wholesalers benefit too, with additional business from in-network florists, volume predictability, and greater customer loyalty. The Details app captures proprietary, valuable information that can direct future growth opportunities while benefitting the entire floral supply chain. For information, visit http://www.detailsflowers.com.

Switchboard Live
Switchboard brings a creator’s live video and all destinations together into one intuitive platform. It’s easy to stream to any channels you choice and measure your audience in one place. Switchboard helps in making better-informed decisions to get the impact a creator cares about most; because when creators are free to express themselves, it's a powerful thing. For more information, visit https://switchboard.live/.

Vigilant Biosciences
Vigilant Biosciences is a leading innovator and developer of solutions that aid clinicians in the early detection and intervention of cancer. The Vigilant Biosciences OncAlert (R) Oral Cancer product line and OncAlert Labs product line include point-of-care and lab-based products and services that are simple, accurate and cost-effective and that can empower healthcare practitioners to improve potential outcomes through earlier intervention. For more information, visit www.vigilantbiosciences.com and www.oncalertlabs.com.

About venVelo
venVelo, a premier early-stage venture fund for innovative companies seeking capital and mentoring, was launched in 2012 and quickly established itself as one of the most active venture funds in central Florida. venVelo’s portfolio companies include / have included Actionable Quality Assurance, Details Flowers, Fattmerchant, flexReceipts, Genicon, Kairos, mCast Networks, Spectrum Bridge, Switchboard Live (formerly Joicaster), Thrive Ice Cream, Vigilant Biosciences, and Zentila. Learn more about venVelo at http://www.venvelo.com/.
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venVelo LLC
Allen H. Kupetz
407-646-1544
www.venVelo.com
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