# New York State’s Empire State Development Fund

> New York State’s Empire State Development Fund is a VC fund backing Software. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Apr 2020
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://esd.ny.gov/

New York State’s Empire State Development Fund is a VC fund focused on Software and Artificial Intelligence. New York State’s Empire State Development Fund

## Contacts

5 contacts available for New York State’s Empire State Development Fund. Shizune tracks 2 team members at New York State’s Empire State Development Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/new-york-state-s-empire-state-development-fund?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 67% |
| Artificial Intelligence | 2 | 67% |
| SaaS | 1 | 33% |
| AgTech | 1 | 33% |
| Farming | 1 | 33% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Series A | 1 | 33% |
| Funding Round | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jennifer Tegan | Managing Director, New York Ventures | 11 | — |
| Howard Zemsky | President, CEO & Commissioner | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Concertio | Concertio is a premier provider of AI-powered performance optimization tools for the hardware and software markets. It also provides AI-powered performance optimization tools that boost the performance of computing systems by tailoring the many system settings in processors, firmware, OS and applications to the running workloads.The company toolsare used by the likes of Intel, Marvell, and Mellanox to boost the performance of a multitude of devices and applications, turning general-purpose systems into high-performant special-purpose systems. The optimizer studio integrates performance optimization software suite that monitors (and learns from) the interactions between applications and systems, to deliver optimal configuration settings for peak performance.Concertio was founded in 2016 and is headquartered in New York, NY, USA. | $4.2M | Seed | Apr 02, 2020 |  |
| Artemis | Artemis operates an intelligence platform for indoor farms. It specializes in indoor farming software solutions. Artemis help indoor farm operators use data to make more profitable production decisions. It tracks and analyzes all farm data in one place, enabling growers to optimize plant performance and reduce operating expenses.Allison Kopfand Jason Camp founded Agrilyst in 2015 that later became Artemis. It has its headquarters in Brooklyn in New York City. | $8M | Series A | May 20, 2019 |  |
| Vyv | Vital Vio offers a new class of antimicrobial light for infection and germ control through safe, continuous LED products. Our goal is to protect as many people and places from germs as possible with our products which can be utilized anywhere a light can fit. We service customers in food processing, healthcare, industrial/commercial as well asa licensing model for consumer and residential products. | $4.1M |  | Jan 25, 2018 |  |

3 of 3 investments shown.

## Co-investors
- [Astanor Ventures](https://shizune.co/investors/profile/astanor-ventures) — VC Fund, 1 deal together
- [Big Red Ventures](https://shizune.co/investors/profile/br-ventures) — VC Fund, 1 deal together
- [Connectivity Ventures Fund](https://shizune.co/investors/profile/connectivity-capital) — VC Fund, 1 deal together
- [Cornell Tech](https://shizune.co/investors/profile/cornelltech) — VC Fund, 1 deal together
- [Differential Ventures](https://shizune.co/investors/profile/differential-ventures) — VC Fund, 1 deal together
- Fresh Source Capital — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does New York State’s Empire State Development Fund invest in?

New York State’s Empire State Development Fund invests primarily in Software, Artificial Intelligence and SaaS startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact New York State’s Empire State Development Fund?

Public channels for New York State’s Empire State Development Fund include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at New York State’s Empire State Development Fund?

The team at New York State’s Empire State Development Fund includes Jennifer Tegan (Managing Director, New York Ventures) and Howard Zemsky (President, CEO & Commissioner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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