Portfolio Companies
Accume
Partners, LLC
(accumepartners.com)
Accume
Partners, LLC provides professional services to the finance and accounting
functions and audit committees of middle market companies. These services
are highlighted by the outsourcing of the internal audit function for
these companies. In addition, Accume performs Sarbanes-Oxley compliance
services, enterprise risk management consulting, operational audits,
IT security reviews and assessments and corporate governance advisory
services.
Co-Investors:
Baird Capital Partners
Advanced ICU Care, Inc.
(advancedicucare.com)
Advanced
ICU Care provides remote monitoring ICU beds for hospitals. In today’s
market, there is an acute shortage of critical care physicians or “intensivists”.
An intensivist is a physician sub-specialty that significantly improves
the quality of care and cost efficiency of the ICU. This had been well-documented
by independent groups, including Leapfrog. AICU has licensed proven
application software that provides sophisticated alert mechanisms to
ICU caregivers, as well as video to the bedside and two-way audio capability.
This suite of capabilities enables intensivists to remotely monitor
ICU beds and provide 24 hour coverage, 7 days a week.
Co-Investors:
Arboretum Ventures
Basin Water, Inc.
(basinwater.com)
Basin Water
is the leading provider of turnkey solutions that remove contaminants
from groundwater sources. Drinking water shortages are increasingly
common in the Southwest and Western states. Ground water, however, continues
to be the primary drinking water supply for 50% of the U.S. Due to EPA
requirements, over 16,000 wells are out of compliance in the U.S. for
arsenic, nitrate, perchlorate and other contaminants. In the past, ion
exchange plants have been used to remove ground water contaminants.
These are large, expensive solutions. Basin Water has developed a patented
ion exchange system that can be installed at the source.
Co-Investors:
Cross Atlantic Capital Partners