VALLEY GROWTH VENTURES ANNOUNCES INVESTMENT IN SIMPLE, ALL-IN-ONE BUILDING AND FACILITY MANAGEMENT SOFTWARE
VGV Invests in TonDone, A Building and Facility Service Software Company
YOUNGSTOWN, Ohio – Valley Growth Ventures announces its newest portfolio investment in TonDone, a simple, all-in-one facility and building service management platform.
Founded in Akron, Ohio by two leading operations executives, TonDone is trusted to manage millions of square feet of commercial space at hundreds of locations, from malls to hospitals.
“The TonDone team has built a powerful but easy to use platform that has attracted a strong customer base. We at VGV are excited to invest in their growth and partner in their success” said Managing Director Ernie Knight in a statement. “TonDone will be an excellent addition to our portfolio, and I look forward to working with the team.”
Valley Growth Ventures has invested nearly $1.25 million in its portfolio companies, part of a total exceeding $17 million that has been invested across the portfolio.
The Fund’s portfolio companies include S4 Medical, a medical device company focusing on solutions to cardiac procedures to treat atrial fibrillation; DAtAnchor, a data security company providing encryption, automated data governance and dynamic access controls; MedaSync, a business intelligence and decision support software company aimed at nursing homes; MedPilot, a patient financial engagement platform for medical offices, revenue cycle management companies and practice management systems; and now TonDone, a simple, all-in-one facility and building service management platform.
In addition to providing investments to its portfolio companies, Valley Growth Ventures also provides guidance and operational resources to help its companies expand.
“When you’re building a startup, you need all the help you can get! Valley Growth Ventures has fully rolled up their sleeves to help us in a multitude of areas like company strategy, business development, and marketing,” said TonDone co-founder Matt Crowley in a statement. “Valley Growth Ventures has been extremely strategic for our company. They’ve helped position us for continuing growth and success in our target markets..”