Jumpstart Capital has seen a full and exciting couple of months. Quarter 2 has been focused on fund raising with prospective opportunities for investment as we are more than halfway to our $30MM mark and approaching our second capital call on June 29. Our five portfolio companies, Healthy Bytes, Reemo, Life Detection Technologies, Menud, and Pillsy have been progressing well and executing partnerships, deals, and distribution opportunities.
In early May, two of our portfolio companies, Pillsy and Menud, had the opportunity to pitch during ‘Demo Day’ at the ‘Retail Tomorrow Executive Innovation Series’ in Seattle. We learned about Amazon’s business strategies and how we can utilize them for the healthcare industry. We have successfully implemented Carta, our transparent investment tracking system, and established a line of credit collateralized against committed capital.
This newsletter will expand upon our portfolio’s progress and what we are forecasting for the next quarter.