North Coast Ventures
- Company typePrivate
- Founded2008
- HeadquartersCleveland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
North Coast Ventures firmographics
Firmographics- Name
- North Coast Ventures
- Legal name
- North Coast Ventures
- Website
- https://northcoast.vc
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
North Coast Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where North Coast Ventures is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
North Coast Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management Fees: Standard VC fund management fees charged on committed capital during the investment period.
- Carried Interest: Performance-based carried interest from successful portfolio company exits, representing a significant portion of fund returns.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
North Coast Ventures product offering
Product offeringCore offering
North Coast Ventures is a Cleveland-based early-stage venture capital firm that provides Seed to Series A funding for applied AI companies in healthcare, insurance, logistics, marketing, and the future of work. Beyond capital, NCV connects portfolio companies to a network of 500+ investors—operators, executives, and domain experts—who serve as customers, advisors, and evangelists, delivering warm introductions to enterprise prospects. The firm manages multiple dedicated funds including Seed Fund IV, Seed Fund V, Acceleration Fund II, Acceleration Fund III, and a Syndication Fund, with over $100M deployed across approximately 100 portfolio companies and 10 successful exits.
Product overview
North Coast Ventures is a venture capital firm providing early-stage capital for applied AI companies, not a traditional product company. Their primary offering is investment services coupled with access to a 500+ investor network that connects portfolio companies with enterprise customers, operators, executives, and domain experts. Their portfolio of approximately 100 companies includes various AI-powered products such as FinOpsly's Value-Control platform for cloud/AI cost management, 1Logtech's iPaaS for logistics automation, Narratize's AI storytelling, Bloomfilter's project management AI, Healia's health benefits optimization, Givzey's autonomous fundraising, Xploro's AR/AI patient education, Wizest's investment platform, and Remesh's AI market research. These portfolio products span healthcare, insurance, logistics, marketing, and fintech sectors.
Differentiator
Problem solved
Functional benefit
Brands
- NCV Innovation Council: A group of partner organizations committed to strengthening Ohio's startup ecosystem by connecting entrepreneurs, investors, and portfolio companies through the NCV platform.
Products and services
- North Coast Ventures Investor Network Services
- NCV Seed Fund (IV & V)
- NCV Acceleration Fund (II & III)
- NCV Syndication Fund
Quantifiable outcome
- 500+ active investors serving as customers, advisors, and evangelists for portfolio companies
- +3 more outcomes
Companies that use North Coast Ventures
Customer profileNamed customers19 records
Segments3 records
Ideal customer profiles2 records
North Coast Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability15 records
North Coast Ventures partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor.
- Big Kitty LabsminorOhio-based startup ecosystem organization and member of NCV Innovation Council focused on building regional startup community.
- CBIZminorProfessional services firm and member of NCV Innovation Council providing business services to portfolio companies.
- Jones DayminorGlobal law firm and member of NCV Innovation Council providing legal counsel to portfolio companies.
- PNCminorRegional bank and member of NCV Innovation Council providing banking services to portfolio companies.
- Greater Cleveland PartnershipminorCleveland's economic development organization and NCV Innovation Council member strengthening Ohio's startup ecosystem.
- HylantminorInsurance brokerage and member of NCV Innovation Council providing risk management services to portfolio companies.
- Ice MillerminorLaw firm and NCV Innovation Council member providing legal counsel services to regional businesses.
- Thompson HineminorLaw firm and NCV Innovation Council member serving portfolio company legal needs.
- TaftminorLaw firm and member of NCV Innovation Council providing legal services to portfolio companies.
- Techstars ChicagominorBloomfilter joined Techstars Chicago 2022 class; NCV portfolio company participated in this accelerator program.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
North Coast Ventures competitors and assessment
Company assessmentDirect peers
- Drive Capital: Ohio-based early-to-growth stage VC firm also investing out of the Midwest with a sector-focused thesis and strong corporate network. Highly comparable regional VC peer with similar check sizes and B2B software orientation.
- Rev1 Ventures: Columbus-based early-stage VC and accelerator that co-invests with NCV. Directly comparable as a Midwest seed/Series A investor with a network-driven model supporting B2B technology companies.
- JumpStart Ventures: Cleveland-based early-stage investor that co-led OnStation's Series A alongside NCV. Closely comparable geography, stage, and B2B software focus.
- Cultivation Capital: St. Louis-based VC firm investing in B2B SaaS and fintech that led FinOpsly's seed round with NCV participation. Comparable stage, B2B software focus, and Midwest roots.
- Hyde Park Venture Partners: Chicago-based seed and Series A investor in B2B software that co-invested in FinOpsly alongside NCV. Comparable stage, sector, and Midwest regional footprint.
- FCA Venture Partners: Columbus-based healthcare-focused VC that co-led Primum Health's seed round with NCV. Comparable stage and Ohio footprint, with vertical overlap in healthcare AI.
- Cintrifuse Capital: Cincinnati-based syndicate fund investing in B2B startups. Co-investor with NCV on FinOpsly; comparable regional syndicate model and B2B software focus.
Broad incumbents
- Techstars: Global accelerator and seed investor with whom NCV portfolio company Bloomfilter participated (Techstars Chicago 2022). Operates at broader scale across geographies, providing comparable early-stage capital and network access but with a more standardized program.
- Y Combinator: Largest global seed accelerator that backed NCV portfolio company Healia alongside NCV's investment. Comparable as a seed-stage investor in applied AI, though vastly larger scale and broader geographic reach.
Emerging players
- Harlem Capital: Early-stage VC that led Because Intelligence's seed round with NCV Syndication Fund participation. Comparable stage and check size as a seed investor in B2B applied AI, with a distinct diversity thesis.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
North Coast Ventures social profiles
Digital presenceNorth Coast Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
North Coast Ventures leadership team
Management profileNumber of profiles
Profiles5 records
North Coast Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
North Coast Ventures M&A and investment
M&A and investmentM&A
Investments101 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about North Coast Ventures
What does North Coast Ventures do?
North Coast Ventures is a Cleveland-based early-stage venture capital firm that provides Seed to Series A funding for applied AI companies in healthcare, insurance, logistics, marketing, and the future of work. Beyond capital, NCV connects portfolio companies to a network of 500+ investors—operators, executives, and domain experts—who serve as customers, advisors, and evangelists, delivering warm introductions to enterprise prospects. The firm manages multiple dedicated funds including Seed Fund IV, Seed Fund V, Acceleration Fund II, Acceleration Fund III, and a Syndication Fund, with over $100M deployed across approximately 100 portfolio companies and 10 successful exits.
Is North Coast Ventures a public or private company?
North Coast Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was North Coast Ventures founded?
North Coast Ventures was founded in 2008. It employs 11 to 50 people.
Where is North Coast Ventures based?
North Coast Ventures is headquartered in Cleveland, United States, in the North America region.
How does North Coast Ventures make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest.
Who are North Coast Ventures's main competitors?
Direct peers on record are Drive Capital, Rev1 Ventures, JumpStart Ventures, Cultivation Capital, Hyde Park Venture Partners, FCA Venture Partners and Cintrifuse Capital. Broad incumbents are Techstars and Y Combinator. Harlem Capital is listed as an emerging player.
Does North Coast Ventures have an API?
No public API is recorded for North Coast Ventures.
What industry is North Coast Ventures in?
North Coast Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.