Want to know what's happening next in healthcare?

MedCityNews is the leading online news source for the business of innovation in healthcare.


“I find MedCity News a great resource for taking the pulse of the market and sourcing potential investment opportunities.”

Bernie Rudnick, Angel investor and advisor, CapGenic Advisors, LLC


Sign up for our daily newsletter


Cleveland HeartLab named Ohio Venture Association’s venture of the year

11:06 am by | 0 Comments

Cardiac inflammation biomarker test company Cleveland HeartLab has been tapped as the Ohio Venture Association‘s “venture of the year.”

The last year has been an eventful one for the Cleveland-based company: It spurned a buyout offer from an unidentified Massachusetts suitor, closed an $18.4 million series B round of investment, moved into a new building that quadrupled its office space, made a splash at TEDMED and is eyeing a new market — health and wellness.

In only two-and-a-half years since its launch, the company has grown from eight employees to about 110.

Advertisement

Jim Weisman, president of the Ohio Venture Association (OVA), called HeartLab “the best emerging company in Northeast Ohio.”

“Management has positioned the company for continued growth and value creation, properly harnessing one of the biggest challenges that often dooms early stage companies — success,” Weisman said.

Cleveland HeartLab CEO Jake Orville is scheduled to accept the award at tomorrow’s OVA luncheon in downtown Cleveland.

Copyright 2014 MedCity News. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Brandon Glenn

By Brandon Glenn MedCity News

Brandon Glenn is the Ohio bureau chief for MedCity News.
More posts by Author

0 comments