St. Louis VC firm seeking more Columbus investments as first company speeds growth

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

An out-of-state venture capital firm is close to investing in more Columbus-area startups after watching its first investment here become one of the fastest-growing in its portfolio.

St. Louis, Missouri-based Lewis and Clark Venture Capital LLC led a $5.5 million round over the summer in Beam Dental, which pairs employer-based dental insurance with data from its smart toothbrushes. (The deal wasn’t announced until October.)

Ron Watson, principal with the $104 million fund who managed the investment, has been making monthly trips to Columbus since joining Beam’s board. Each time, he tries to schedule a coffee or other meeting with startups and VC investors. The firm sees many promising prospects in Central Ohio, he said, and has entered early stages of due diligence with one.

Click here to read the complete article.

Originally published January 11, 2018.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: