Indianapolis-based VisionTech Partners LLC says it invested in five early-stage companies last year. The firm, which used to be known as StepStone Business Partners, says the funding marks one of its most active years since its founding in 2008.

March 21, 2014

News Release

INDIANAPOLIS, Ind. – Last year was a busy one for VisionTech Partners, LLC. The Indianapolis-based investment firm has announced it completed five investments in early stage/early growth companies in 2013 through VisionTech Angels. This represents one of the most active years for VisionTech Partners, which was founded in 2008 as StepStone Business Partners.

Two companies received initial rounds of capital from VisionTech. They are Diagnotes, Inc., an Indianapolis-based healthcare information technology solutions company with a product that streamlines and automates workflows involving on-call healthcare providers; and Noxilizer, Inc., which produces nitrogen dioxide-based sterilization technology for medical device/pharmaceutical and biotechnology manufacturers and hospitals.

Three companies received “follow on” investments from VisionTech, having been previously funded by the group. These include Courseload, an Indianapolis-based whose novel approach eliminates the barriers to print-to-digital textbooks for academia, while reducing the cost to students and institutions; Sentio MMG, a Michigan-based company that has developed proprietary nerve mapping technology that helps surgeons avoid injury nerves during minimally invasive surgical procedures; and SonarMed, Inc., an Indianapolis-based which provides advanced solutions for precise, real-time endotracheal tube monitoring aimed at improving patient outcomes and reducing healthcare costs and risks.

VisionTech Partners Managing Director Oscar Moralez said, “Our deal flow from technology-based startup companies is very strong, which is good news for Indiana as it reflects the pro-business atmosphere of the state. It’s also favorable for VisionTech Angels as we are actively seeking promising technologies and companies in which to invest.”

VisionTech Partners Managing Partner Don Scifres agrees the company's strong record of investing will bring more opportunities for both entrepreneurs and investors. “We consider ourselves the source of 'smart capital and better results.' It’s the product of having knowledgeable, engaged investors and advisors who recognize and support promising companies, and entrepreneurs who want to align themselves with strong investor partners.”

VisionTech Partners is also looking to Indiana’s research universities for investment opportunities. On March 12, the company announced it had entered into an agreement with The Purdue Foundry to expedite the transfer of Purdue innovations to the public through commercialization deals and development of startups. The Foundry is an entrepreneurship and commercialization hub at Purdue University. Representatives of VisionTech Partners and the Purdue Foundry will meet on a regular basis to discuss potential commercialization investments.

VisionTech Partners has five VisionTech Angels angel investor chapters: Bloomington, Lafayette, Indianapolis, Warsaw, and a “virtual” chapter, which enables people outside these geographic regions to participate in VisionTech Angels’ investment opportunities.

About VisionTech Partners

Founded in 2008, Vision Tech Partners is a privately held company focused on linking investors to high-potential early-stage companies. Headquartered in Indianapolis, one of the most vibrant innovation regions in the country, VisionTech Partners is where inventors, entrepreneurs, investors, universities, and strategic partners converge to share, develop, fund, and launch innovative technologies. Learn more at

Source: VisionTech Partners

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