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TEDCO
About
TEDCO is a Maryland-based independent organization focused on researchers, entrepreneurs, startups, and early-stage companies.
- Columbia,Maryland,United States
- http://tedco.md
Details
- Last Funding Type
- Pre-seed
- Last Funding Money Raised
- $200K
- Industries
- Consulting,Financial Services,Information Technology,Venture Capital
- Founded date
- Jan 1, 1998
- Operating Status
- Active
- Legal Name
- Maryland Technology Development Corp
- Also Known As
- Maryland Technology Development Corp. (TEDCO)
- Investor Type
- Government Office,Venture Capital
TEDCO was created by the Maryland State Legislature in 1998 to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace and to assist in the creation and growth of technology-based businesses in all regions of the State. TEDCO is an independent organization that strives to be Maryland’s lead source for entrepreneurial business assistance and seed funding for the development of startup companies in Maryland’s innovation economy. In Maryland and beyond, TEDCO is a resource of mentoring, funding and networking for entrepreneurs and start-ups that need guidance as they bring innovative concepts to market. TEDCO is more than an early stage funding resource. It is the hub of Maryland’s entrepreneurial network where startups find mentors, organizational assistance, facilities for daily operations, and a roadmap for success.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 31, 2022 | Pre-seed | $200K | 1 | — | — | Detail |
| Jan 8, 2020 | Grant | $2.63M | 1 |
Maryland Innovation Initiative (MII)
|
— | Detail |
| May 14, 2019 | Grant | $6.60M | — | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jan 31, 2023
Healable
|
Non-Equity Assistant | — | Health Care | Yes |
|
Jan 31, 2023
Kubanda Cryotherapy
|
Non-Equity Assistant | — | Health Care | Yes |
|
Jan 31, 2023
Second Star Robotics
|
Non-Equity Assistant | — | Artificial Intelligence | Yes |
|
Jan 31, 2023
Vision Planning & Consulting
|
Non-Equity Assistant | — | Consulting | Yes |
|
Jan 31, 2023
Electro-Media Design Ltd
|
Non-Equity Assistant | — | Architecture | Yes |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Maryland Innovation Initiative (MII)
|
Yes | Grant |
VirgilHR
|
— | Pre-seed |
Employee Profiles
Exits
TEDCO has had 14 exits. TEDCO most notable exits include BurnAlong , Osmosis
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Jan 31, 2023 | BurnAlong | M&A | Employee Benefits | Detail |
| Nov 29, 2021 | Osmosis | M&A | Education | Detail |
| Aug 23, 2021 | Traitify | M&A | Career Planning | Detail |
| Jul 15, 2021 | Attila | M&A | Information Services | Detail |
| Jun 2, 2021 | ReFirm Labs | M&A | Computer | Detail |
