{"id":645731,"date":"2013-03-07T14:28:05","date_gmt":"2013-03-07T19:28:05","guid":{"rendered":"http:\/\/www.pehub.com\/?p=190006"},"modified":"2013-03-07T14:28:05","modified_gmt":"2013-03-07T19:28:05","slug":"okangel-sidecar-fund-plugs-300k-into-sway-medical-technologies","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/645731","title":{"rendered":"OKAngel Sidecar Fund Plugs $300K into Sway Medical Technologies"},"content":{"rendered":"

The OKAngel Sidecar Fund<\/strong>, an investment vehicle created through a partnership with the Oklahoma Department of Commerce and the U.S. Treasury State Small Business Credit Initiative, has invested $300,000 in Sway Medical Technologies<\/strong>. Tulsa, Ok.-based Sway makes portable balance testing software for iOS devices, ostensibly allowing phsyicians to better assess their patient’s stability and their risk of falling, among other things.<\/p>\n

PRESS RELEASE:<\/strong><\/p>\n

The OKAngel Sidecar Fund, managed by i2E, Inc., recently closed a $300,000 investment in Tulsa, OK-based Sway Medical Technologies. The i2E managed fund participated in an investment round of $700,000 that included co-investment from Oklahoma angel investors.<\/p>\n

Sway Medical is a mobile software company focused on the development of medical grade mobile applications that monitor patient outcomes in the field of orthopedics, geriatrics, and pharmacology while providing a better on-field assessment of concussion symptoms in athletes. The company\u2019s initial product is the Sway Balance software, an FDA cleared balance system for stability assessment using existing hardware in a mobile device.<\/p>\n

OKAngel Sidecar Fund is one of three Accelerate Oklahoma! investment vehicles created in 2011 by i2E through a partnership with the Oklahoma Department of Commerce and the U.S. Treasury State Small Business Credit Initiative. The OK Angel Sidecar Fund specifically targets opportunities to invest alongside Oklahoma angel investors.<\/p>\n

The co-investment ratio with the federal funds upon closing exceeds 1:1 and subsequent investments and traditional financing are expected to result in a greater leverage ratio within five years.<\/p>\n

About Sway Medical <\/p>\n

Management: Chase Curtiss, CEO<\/p>\n

Year started: 2011<\/p>\n

Location: Tulsa, OK<\/p>\n

About i2E, Inc.: With offices in Oklahoma City and Tulsa, OK, i2E\u2019s nationally recognized services include business expertise and funding for Oklahoma\u2019s emerging small businesses.<\/p>\n

The post OKAngel Sidecar Fund Plugs $300K into Sway Medical Technologies<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The OKAngel Sidecar Fund, an investment vehicle created through a partnership with the Oklahoma Department of Commerce and the U.S. Treasury State Small Business Credit Initiative, has invested $300,000 in Sway Medical Technologies. Tulsa, Ok.-based Sway makes portable balance testing software for iOS devices, ostensibly allowing phsyicians to better assess their patient’s stability and their […]<\/p>\n","protected":false},"author":7567,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-645731","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7567"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=645731"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645731\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=645731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=645731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=645731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}