Story excerpt provided by Crain’s Cleveland Business.
Written by Scott Suttell.
Cleveland, Ohio-based venture development organization, JumpStart Inc. said it has made an investment in a human resources software-as-a-service company based in Cincinnati.
Terms of the investment in Talmetrix, made from JumpStart’s $10 million Focus Fund, were not disclosed. The JumpStart website indicates that investments from the Focus Fund “start at $250,000 for early stage companies,” and a Fast Company story last year noted that investments from it range from “$250,000 to $600,000 depending on the company’s needs.”
Originally published February 28, 2017.