Leader in Precision Well-Being™ fuels further growth with substantial investment in product development, marketing, and sales

Ann Arbor, Mich., September, 2017, – JOOL Health, the leading provider of scalable, digital Precision Well-Being™, announced a Series Seed Preferred investment of $4.5 million led by Grand Rapids, Michigan based CVC JOOL Investors, LLC. CVC has invested $1.6 million with additional funds from Tappan Hill Ventures, Michigan Angel Fund, Wakestream Ventures, and angel investors. This financing will accelerate product development, marketing, and sales efforts. Robert C. Boylen, Managing Principal of CVC, will join JOOL Health’s Board of Directors.

“I like big ideas that can change an industry, but I invest in people,” said Boylen. “My excitement and commitment level came from the fact that in JOOL, I have both – a game-changing product that comes along with a proven visionary and respected thought leader surrounded by a seasoned leadership team to see potential become reality. JOOL is uniquely positioned to positively impact people, their organizations, and their community.”

JOOL Precision Well-Being™ is the world’s first digital health solution based on the science of purposeful living – a behavioral approach associated with positive health outcomes, including lower risk of heart attack, Alzheimer’s Disease, and depression; improved self-care of chronic health conditions; greater resiliency under stress; and greater productivity along with fewer sick days.

“We are extremely pleased to see such strong interest from the Michigan investment community,” said Vic Strecher, PhD, MPH, founder and CEO of JOOL Health. “We have a tremendous group of investors committed to JOOL and enthusiastic about JOOL’s impact on individual well-being and organizational performance. We’re excited to have additional resources to maximize our growth.” The highly successful fundraising (almost three times the average investment floor for companies in the Other Technology sector) is a great indicator of investors’ confidence in and commitment to JOOL Health’s future.

About JOOL Health

Since 2014, JOOL Health has pioneered the next generation of scalable life and health engagement solutions – JOOL Precision Well-Being™. The JOOL solution combines the newest research on purpose, advanced data science, and proven principles of behavior change to help individuals live a more vibrant and purpose-driven life – JOOL activates personal engagement and greater self-awareness that leads to effective, sustained behavior change. Employers and healthcare organizations benefit from healthier, more engaged employees, patients, and members while gaining unique and valuable insight into population health and well-being. To learn more about JOOL Health’s innovations, please visit joolhealth.com.

Media Contact:

Brian McCormick
Director, Marketing
brian.mccormick@joolhealth.com
(734) 822-6662

ANN ARBOR, Mich., June 6, 2017 /PRNewswire/

Court Innovations, the first spin out from University of Michigan’s Law School, recently closed its first major fundraising round at over $1.8 million. The round was led by the BELLE Michigan Fund and other investors include: Northern Michigan Angels, Michigan Angel Fund, the student-led Social Venture Fund at the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Stephen M. Ross School of Business, and private investors. Notably, funders also included those who invested in the company through its 4(a)(6) offering through Netcapital.

Court Innovations expands access to the courts for citizens who cannot miss work or family care to attend court, or who fear coming to court because of their race, ethnicity, or immigration status. With its Matterhorn product, anyone can use a mobile phone or computer to resolve and negotiate infractions and lesser misdemeanors. Citizens use Matterhorn to resolve traffic and parking tickets, warrants, family court compliance, plea online, or file a small claims civil case.

“As we roll out our Matterhorn product nationally, it’s exciting to see such broad interest in our work to make justice accessible to everyone.” said Court Innovations CEO MJ Cartwright. “Through all our funders, we pulled in investment from current partners and attracted new supporters from 48 states and Washington, D.C.”

Almost 40% of citizens who have used the system say they could not have come to court in person. For courts, Matterhorn’s online case resolution saves time, resources and money, ultimately leading to increased efficiency. Courts case closure times dropped from 50 days to 17 days, and staff time/case dropped from an average of 2.5 hours to less than 30 minutes with Matterhorn. Learn more about courts’ outcomes here: getmatterhorn.com/case-studies/

According to the Honorable Chief Judge Brigette Officer-Hill of the Michigan 30th District Court in Highland Park, “It allows officers to stay on the streets. It allows citizens to stay at home, or at work. It allows the judiciary to deal with cases that demand you come to court.”

Matterhorn is in twenty-three courts in Michigan and Ohio, and is expanding to Arkansas this summer. With this funding, Court Innovations will continue to expand nationally. It has hired business development and marketing staff in Michigan and on the West Coast. Additionally, it continues to invest in its technology to make additional services available to courts and citizens.

About Court Innovations
Based in Ann Arbor, Michigan, Court Innovations is the first startup out of the University of Michigan Law School. Matterhorn allows courts to handle many high-volume infractions completely online, saving citizens and courts time and money. Rather than limiting judicial or law enforcement discretion, Matterhorn enables decision-makers to resolve cases more efficiently and equitably. Its 24/7 access and education component empowers defendants to work with the court to resolve minor violations informally, and at a convenient time. For more information, visit getmatterhorn.com.

Contact
Dunrie Greiling
734-276-3873
dunrie@courtinnovations.com

SOURCE Court Innovations

FEBUARY 27, 2017 – HOLLAND, MICH. — The Michigan Angel Fund (MAF) recently led a $1 million fundraising round in Holland, Mich.-based Shoulder Innovations, an emerging developer of shoulder replacement systems. This investment is the ninth made by the MAF II, which is now fully invested.

In December, Shoulder Innovations announced the commercial release of its total shoulder replacement system. The Shoulder Innovations Total Shoulder System includes the patented inset glenoid technology, which has proven to deliver improved implant stability and long-term surgical success.

“Shoulder replacement is a rapidly growing market. With investment from Michigan Angel Fund, Shoulder Innovations can more aggressively market our patented inset glenoid system to surgeons and health systems,” said Matt Ahearn, president and COO of Shoulder Innovations. “The Shoulder Innovations Total Shoulder System has already been shown to simplify shoulder replacement surgeries and provides a proven solution to a highly complex problem.”

“Doctors around the country are putting the Shoulder Innovations implant in patients today.  The design of the product is a game changer and we believe will become the standard,” said Skip Simms, managing member of MAF.  “This investment completes our portfolio of companies in MAF II.”

With 130 members, MAF is the largest angel organization in Michigan. There are currently 16 companies in the MAF portfolio.

MAF was established by Ann Arbor SPARK, with administrative support from the Michigan Economic Development Corporation, to help finance early stage companies in Michigan and to attract additional angel investors.

As managing member, Ann Arbor SPARK coordinates screenings of MAF applicants, conducts due diligence, and works with the New Enterprise Forum to prepare companies for their investor presentations.    Ann Arbor SPARK also works with business accelerator organizations around the state to identify quality companies for potential MAF investment.

MAF funds companies that are seeking early investments from $250,000 to $2,000,000.  Businesses interested in applying for MAF investment can find info about the selection process online at http://www.miangelfund.com/entrepreneurs/working-with-us/

About Ann Arbor SPARK

Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, Washtenaw County etcs/Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.

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Media contact: Jenn Cornell, jenn@jenncornell.com, 734-765-0174

HOLLAND, MICH. — The Michigan Angel Fund (MAF) recently led a $1 million fundraising round in Holland, Mich.-based Shoulder Innovations, an emerging developer of shoulder replacement systems. This investment is the ninth made by the MAF II, which is now fully invested.

In December, Shoulder Innovations announced the commercial release of its total shoulder replacement system. The Shoulder Innovations Total Shoulder System includes the patented inset glenoid technology, which has proven to deliver improved implant stability and long-term surgical success.

“Shoulder replacement is a rapidly growing market. With investment from Michigan Angel Fund, Shoulder Innovations can more aggressively market our patented inset glenoid system to surgeons and health systems,” said Matt Ahearn, president and COO of Shoulder Innovations. “The Shoulder Innovations Total Shoulder System has already been shown to simplify shoulder replacement surgeries and provides a proven solution to a highly complex problem.”

“Doctors around the country are putting the Shoulder Innovations implant in patients today.  The design of the product is a game changer and we believe will become the standard,” said Skip Simms, managing member of MAF.  “This investment completes our portfolio of companies in MAF II.”

With 130 members, MAF is the largest angel organization in Michigan. There are currently 16 companies in the MAF portfolio.

MAF was established by Ann Arbor SPARK, with administrative support from the Michigan Economic Development Corporation, to help finance early stage companies in Michigan and to attract additional angel investors.

As managing member, Ann Arbor SPARK coordinates screenings of MAF applicants, conducts due diligence, and works with the New Enterprise Forum to prepare companies for their investor presentations.    Ann Arbor SPARK also works with business accelerator organizations around the state to identify quality companies for potential MAF investment.

MAF funds companies that are seeking early investments from $250,000 to $2,000,000.  Businesses interested in applying for MAF investment can find info about the selection process online at http://www.miangelfund.com/entrepreneurs/working-with-us/

ANN ARBOR, Mich., November 10, 2016 – Genomenon Inc., a DNA interpretation software company, today
announced the completion of its Extended Seed financing of $1.8 million. The financing will fuel the completion
and launch of Genomenon’s initial product, Mastermind, a novel analytic and visualization tool for DNA variant
interpretation. Investors included two University of Michigan funds, Michigan Angel Fund and an angel group
formed by Rehmann owners.

 
Mastermind is used for clinical diagnostics and academic research to eliminate the DNA analysis bottleneck in
cancer and genetic disease diagnostics. It reduces the time pathologists and geneticists spend researching
and interpreting genetic variants by automatically mining millions of medical publications to find correlations
between genes, variants required for clinical diagnosis.

 
“The fundamental bottleneck in diagnosing cancer and genetic diseases is the time spent manually
researching DNA mutations” said Mark Kiel MD, Founder and CSO of Genomenon. “We have been able to
dramatically reduce the time pathologists and geneticists spend interpreting genetic mutations by automatically
mining millions of medical publications to find correlations between genes, variants required for clinical
diagnosis.”

 
Genomenon spun out of the University of Michigan in 2015, which enabled it to attract the investments from
two different university funds. MINTS (Michigan Investment in New Technology Start-ups) and the newly
formed Monroe-Brown Fund both invested in the company. Genomenon was Monroe-Brown’s first investment.
The company originally set out to raise $1.0M in new financing and with the strong interest, the investment was
oversubscribed.
“We’re really grateful to the Michigan start-up and investment community” said Mike Klein, CEO of
Genomenon. “It’s a testimony to the eco-system in Michigan that companies like Genomenon can spin great
technology out of the university and find the local funding to launch a successful venture.”
Mastermind, Genomenon’s first product, is a comprehensive knowledge-base built on mining millions of
medical publications that automatically finds correlations between genes, variants and diseases tied to the
primary scientific literature required for clinical diagnosis of cancer and genetic diseases. It is due to launch in
December of 2016.

 
About Genomenon:
Genomenon’s genome interpretation software is used for clinical diagnostics in cancer and genetic diseases.
Genomenon reduces the time Pathologists and Geneticists spend researching and interpreting genetic variants
from hours to minutes. Mastermind, our comprehensive knowledge-base, is built on mining millions of medical
publications that automatically finds correlations between genes, variants and diseases tied to the primary
scientific literature required for clinical diagnosis.

 
For more information, visit www.genomenon.com or email sales@genomenon.com.
Press Contact: Jessica Francis 440.840.4987 or email jessicafrancisPR@gmail.com

Ann Arbor, Mich. — Michigan Angel Fund (MAF) investment BoostUp was a winner of the National Association of Corporate Directors’ (NACD) “Dancing With the Start-Ups” competition. BoostUp was awarded a $10,000 prize package.

The competition was a fast-paced, Shark Tank-style challenge where 12 start-ups from the health, energy, and financial services sectors had four minutes to sell their companies to a panel of expert judges and an audience of corporate directors.

“We are thrilled to have won the NACD’s Dancing With The Startup Competition,” said John Morgan, founder and CEO of BoostUp. “Our goal is to help people save for life’s biggest purchases and connect them with brands that also want to help them reach their goals.  We’re honored the judges recognized how important our platform is in creating a true win-win for consumers and brands.”

“The Michigan Angel Fund invested in BoostUp because of its novel concept that addresses a real consumer need: Saving for a major purchase,” said Skip Simms, managing director, MAF. “The company is a great example of how angel funding works to help early stage ventures grow. BoostUp was able to take the angel funding, achieve a few key milestones early on, progress as a business, and become positioned for other funding opportunities, like Dancing With the Start-Ups.”

The competition was judged by an esteemed panel:

• Irene Chang Britt, director of Dunkin’ Brands Group Inc. and Tailored Brands Inc.
• Barbara Duganier, director of MRC Global Inc.
• John Farrell, national managing partner, Innovation and Enterprise Solutions at KPMG LLP
• Sri Muthu, Head of Technology for Innovation, R&D, and Accelerator of Wells Fargo & Co.
• Sonya Sepahban, director of Genomenon Inc. and Cooper Standard
• Caroline Tsay, director of Rosetta Stone Inc. and Travelzoo Inc.

With 100 members, MAF is the largest angel organization in Michigan. MAF has invested in 16 companies in the last four years.

MAF was established by Ann Arbor SPARK, with administrative support from the Michigan Economic Development Corporation, to help finance early stage companies in Michigan and to attract additional angel investors.

As managing member, Ann Arbor SPARK coordinates screenings of MAF applicants, conducts due diligence, and works with the New Enterprise Forum to prepare companies for their investor presentations.    Ann Arbor SPARK also works with business accelerator organizations around the state to identify quality companies for potential MAF investment.

About Ann Arbor SPARK

Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, Washtenaw County etcs/Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.

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Media contact: Jenn Cornell, jenn@jenncornell.com, 734-765-0174

Michigan Angel Fund Closes Six Deals at End of 2015, Invests $2.9 million in Michigan Startups