# University System of Maryland Momentum Fund

> University System of Maryland Momentum Fund is a VC fund backing Health Care. See 37 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Baltimore, United States
- Total investments: 37
- Last investment: Jan 2025
- Lead investor: 32%
- Fund size: $10M
- Last fund: Apr 2017
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company-beta/45468/?pathWildcard=45468
- X (Twitter): https://twitter.com/Univ_System_MD?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
- Website: http://momentum.usmd.edu
- Facebook: https://www.facebook.com/pg/University-System-of-Maryland-260955998520/about/?ref=page_internal

University System of Maryland Momentum Fund is a VC fund in Baltimore focused on Health Care and Biotechnology. Launched in 2016 with a $10 million commitment from the University System of Maryland (USM), the Maryland Momentum Fund invests in USM-affiliated companies to support entrepreneurism, catalyze outside investment in early-stage startups, and foster economic development and technology commercialization. USM combines the power of its memberinstitutions provide students access to world-class resources and ensure that those resources are used efficiently, effectively, and sustainably.

## Contacts

5 contacts available for University System of Maryland Momentum Fund. Shizune tracks 5 team members at University System of Maryland Momentum Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/university-system-of-maryland?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 7 | 19% |
| Biotechnology | 7 | 19% |
| Software | 4 | 11% |
| SaaS | 3 | 8% |
| Therapeutics | 3 | 8% |

68 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 22 | 59% |
| Series A | 5 | 14% |
| Funding Round | 4 | 11% |
| Pre-Seed | 2 | 5% |
| Convertible Note | 2 | 5% |

6 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Claire Broido Johnson | Managing Director | 4 | https://shizune.co/investors/profile/claire-broido-johnson |
| Leonard Raley | President and CEO; Vice Chancellor for Advancement | 0 | https://shizune.co/investors/profile/leonard-raley |
| Lindsay D'Ambrosio | Venture Development Director | 0 | https://shizune.co/investors/profile/lindsay-d-ambrosio |
| Michelle A. Gourdine | Secretary, Board of Regents | 0 | https://shizune.co/investors/profile/michelle-a-gourdine |
| Tina Williams | Cybersecurity Academic Innovation Officer | 0 | https://shizune.co/investors/profile/tina-williams |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Impruvon Health | Impruvon Health is on a mission to improve the health of individuals with difficult to maintain medication regimens, living at home or in long-term care environments as well as the lives of those supporting them. They have worked extremely hard to tailor our solution to specific groups of individuals including those living with intellectualand/or developmental disabilities, those undergoing recovery from an addiction, and veterans Their platform automates medication management by eliminating the manual storage and administration processes as well as record keeping while aiding independence and security for the individual prescribed. Having experienced the detrimental impacts that medication errors can have on an individual and their family firsthand has given us a unique understanding of the technology required to stop errors, thefts, and overdoses while aiding medication compliance for individuals and their loved ones. | $2.4M | Seed | Jan 28, 2025 |  |
| Minnowtech | Minnowtech is an aquaculture technology company, based in Baltimore, MD, that provides a software imaging platform to enable shrimp farmers to estimate shrimp abundance non-invasively with precision. Using Minnowtech’s data-based imaging tool, shrimp farmers optimize the health and growth of their hatcheries, enhancing the harvest of market-sizeshrimp while minimizing risks to juvenile shrimp. With the continued growth of aquaculture worldwide, Minnowtech addresses head-on the industry’s most acute challenge, which is overcoming limitations in how shrimp farmers assess the abundance, growth, and optimal harvest times of their crop. Minnowtech, via its low-cost technology and expert team of marine scientists, helps improve aquaculture farmers’ livelihoods while improving global food security and sustainability of marine environments. |  | Series A | Feb 26, 2024 |  |
| Linshom Medical, Inc. | Linshom is first to deliver continuous respiratory monitoring, including Tidal Volume, to the patient bedside. | $2.2M | Series A | Aug 15, 2023 |  |
| N5 Sensors | N5 Sensors develops a chemical sensor technology that detects harmful chemicals mixed in the air. | $2.5M | Seed | Jun 12, 2023 |  |
| Astek Diagnostics | Astek Diagnostics is building a platform (Eugris) that guides physicians in prescribing appropriate antibiotics for patients with bacterial sepsis in one hour. It is done by detecting the oxygen consumption of the bacteria | $2M | Seed | Jun 05, 2023 |  |
| Marinalife | Marinalife provides premium content and valuable services for all types of boaters. The Marinalife Cruising Club membership offers boaters access to detailed marina information, travel resources including trip itineraries and destination guides to make their next boating adventure stress-free. In addition, the Marinalife magazine, a quarterlytravel and lifestyle publication, provides boaters with entertaining and useful articles about destinations, marinas, cruising stories, captain's tips and more. |  | Series A | Jan 25, 2023 |  |
| North American Wave Engine Corporation | North American Wave Engine is engaged in the design and development of wave engines for jet wave engines. The company's technology supports recent scientific developments to offer unparalleled levels of Thrust-to-Weight and Thrust-Specific Fuel Consumption without the use of any moving parts. | $3.5M | Seed | Nov 18, 2022 |  |
| TargetDocs | Communication between general contractors and their vendors on construction projects is complex and fragmented, yet it’s mostly handled through email. Naturally, critical items get lost in personal inbox clutter. As a result, everyone suffers the financial impacts of project delays, disputes, and issues. TargetDocs bridges the gap between generalcontractors and vendors by connecting them through one communication workspace, so items never fall through the cracks and project teams are always on the same page.Learn more at www.targetdocs.com | $2M | Seed | Aug 19, 2022 |  |
| Kaster | Kaster is purpose-built to simplify certified payrolls and workforce reporting—two of the most time-consuming and compliance-sensitive processes in construction.Our mission is to give contractors a modern solution that makes it easy to stay compliant, automate back-office workflows, and keep projects moving forward without the usual paperworkheadaches.Why Contractors Choose Kaster?Kaster helps project and compliance teams:• Automate Certified Payrolls – Eliminate manual WH-347 prep, automate wage validations, and simplify submissions for subcontractors • Streamline Workforce Reporting – Track workforce participation and demographic data across all projects in one place • Stay Compliant – Centralize subcontractor compliance items including COIs, lien waivers, W-9s, P&P Bonds, closeout docs, and more • Connect Systems – Sync seamlessly with platforms like Procore, Vista, and more to reduce double entry and improve visibility • Reduce Risk, Save Time, and Unlock Faster Payments – Eliminate bottlenecks, lighten the administrative load for your team and subs, and speed up the path to paymentBuilt by Builders for the Realities of the FieldWhether you’re running public works, federal, or private jobs with labor wage reporting needs—Kaster makes the process simple, structured, and audit-ready.Visit www.kaster.app to learn more or schedule a walkthrough. | $2M | Seed | Aug 19, 2022 |  |
| Linshom Medical, Inc. | Linshom is first to deliver continuous respiratory monitoring, including Tidal Volume, to the patient bedside. | $1.5M | Series A | Apr 27, 2022 |  |

10 of 37 investments shown.

## Co-investors
- [TEDCO](https://shizune.co/investors/profile/maryland-technology-development-corporation) — VC Fund, 14 deals together
- [Maryland Momentum Fund](https://shizune.co/investors/profile/maryland-momentum-fund) — VC Fund, 9 deals together
- [Abell Foundation](https://shizune.co/investors/profile/abell-foundation) — VC Fund, 7 deals together
- [Dingman Center for Entrepreneurship](https://shizune.co/investors/profile/dingman-center-angels) — VC Fund, 4 deals together
- [Propel Baltimore Fund](https://shizune.co/investors/profile/propel-baltimore-fund) — VC Fund, 4 deals together
- [Alexandria Venture Investments](https://shizune.co/investors/profile/alexandria-venture-investments) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Praxis](https://shizune.co/investors/profile/praxis-2) — VC Fund
- [Social and Sustainable Capital](https://shizune.co/investors/profile/social-and-sustainable-capital) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### 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

### Similar country
- [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
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## Featured in investor lists
- [Social Impact VC Funds](https://shizune.co/investors/social-impact-vc-funds)
- [Social Impact Investors in United States](https://shizune.co/investors/social-impact-investors-united-states)
- [Social Impact VC Funds in United States](https://shizune.co/investors/social-impact-vc-funds-united-states)
- [Social Impact Investors](https://shizune.co/investors/social-impact-investors)

## FAQ

### What does University System of Maryland Momentum Fund invest in?

University System of Maryland Momentum Fund invests primarily in Health Care, Biotechnology and Software startups, most often at Seed and Series A stage. Most of the 37 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 University System of Maryland Momentum Fund?

Public channels for University System of Maryland Momentum Fund include LinkedIn, X (Twitter) and 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 University System of Maryland Momentum Fund?

The team at University System of Maryland Momentum Fund includes Claire Broido Johnson (Managing Director), Leonard Raley (President and CEO; Vice Chancellor for Advancement) and Lindsay D'Ambrosio (Venture Development Director). 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co