Connecticut Innovations

Venture Capital Active New Haven, United States Est. 1995
Last updated 2026-06-18
Portfolio
15
in our dataset
Rounds participated
20
Rounds led
3
Rounds' value
$152.6M
total disclosed, rounds participated
Stages
C Round, A Round, B Round, D Round, F Round, G Round, E Round, Seed

About

Connecticut Innovations is Connecticuts strategic venture capital arm. By offering equity investments, strategic guidance and introductions to valuable partners, Connecticut Innovations enable promising businesses to thrive. Connecticut Innovations can help by offering venture capital and strategic support for early-stage technology companies; introductions to its vast network of small and big businesses, talent, university researchers, service providers, suppliers and more. Connecticut Innovations also serves as Business Advisers by offering to its portfolio companies mentors who specialize in its sector or the skills they need, including executives in residence. Connecticut Innovations partners with entrepreneurs, venture capital firms, colleges and universities, corporate innovation arms, governmental organizations, small businesses, and multinational corporations. CI also invests directly in other Connecticut-based venture capital funds investing in technology and biosciences. This strategy gives it an efficient way to diversify, to access other funds, and to work with partners who have deep knowledge of emerging technology companies with high potential.

Portfolio · 15

Investment activity

4 portfolio exits on record.

Portfolio by sector

Health Tech & Life Sciences8
Cyber Security5
Business Software1
Industrial Technologies1

Q&A

What is Connecticut Innovations' primary investment focus?
Connecticut Innovations is Connecticut's strategic venture capital arm, primarily focusing on equity investments and strategic support for early-stage technology companies.
Which sectors does Connecticut Innovations primarily invest in?
Connecticut Innovations shows a strong concentration in Health Tech & Life Sciences and Cyber Security, with 8 and 5 portfolio companies respectively.
Can you name a recent exit for Connecticut Innovations?
In February 2026, Connecticut Innovations saw the acquisition of Leal Health by Nexus Precision Health. Also in February 2026, 1touch.io was acquired by Everpure.
What was a notable exit for Connecticut Innovations in 2023?
In May 2023, Connecticut Innovations had a notable exit with the acquisition of DiA Imaging Analysis by Philips for $100M.
What is Connecticut Innovations' most recent portfolio company investment?
Connecticut Innovations invested in LeanCon, an AI-Powered Construction Planning and Project Automation Platform, which was founded in 2024.
What is the typical investment stage for Connecticut Innovations?
Connecticut Innovations invests across various stages, including Seed, A Round, B Round, C Round, D Round, E Round, F Round, and G Round. They have made 6 Seed investments and 7 A Round investments.
Who are some of the key executives at Connecticut Innovations?
The key executives at Connecticut Innovations include Matthew McCooe as CEO, Philip Siuta as COO & CFO, and David Wurzer as Executive Vice President and Chief Investment Officer.
Does Connecticut Innovations invest in other venture capital funds?
Yes, Connecticut Innovations also invests directly in other Connecticut-based venture capital funds that focus on technology and biosciences.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)