Limestone Fund
The Limestone Fund was founded to leverage the experiences of Joe Cook, Jr., Byron Smith, Joe Cook, III, and Steve Singleton in building companies within the areas of Life Sciences and Consumer Technology. For many years, the founders of Limestone Fund have been involved in several successful ventures in these investment areas. See the “Skyline Fund” page for a listing of many of these ventures.
In November 2009, the Limestone Fund was chosen to receive a tax credit allocation under the TNInvestco program of the State of Tennessee. The aim of the program is to cause capital to be invested in Tennessee companies, thereby encouraging job growth and economic development. Consistent with the State’s goals, the Limestone team is committed to the vision of finding, funding and nurturing companies that will be transformational and create a base of sustainable high-paying jobs for Tennesseans. The TNInvestco program created an opportunity for the Limestone founders to focus their investment efforts on developing companies in Tennessee.
Further, Limestone Fund is collaborating with Hatteras Venture Partners, a venture capital firm based in Research Triangle Park, NC. The strategic co-investor relationship with Hatteras will offer the Limestone Fund access to an even broader network of ideas, connections and capital as it pursues the goal of building a stronger economic base in Tennessee.
Limestone Fund companies:
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ONFocus | Healthcare is a vertically focused healthcare Enterprise Performance Management (EPM) software and consulting company that specializes in the development of performance management solutions for hospitals and other healthcare organizations. The ONFocus|epm product suite integrates dynamically displayed analytical information, action planning, competency development and progress tracking across the enterprise to focus all business and clinical groups in the hospital on the most important objectives for the enterprise and encourage collaboration among fragmented functions, plans and teams. |
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Pathfinder Therapeutics, Inc. is the developer of ExplorerTM, an image-guided “GPS” device that enables physicians to accurately and efficiently guide the delivery of cancer therapeutics (usually resection and/or ablation) in soft-tissue organs. ExplorerTM is the first medical device cleared by the FDA in the category of Intraoperative Soft Tissue Tracking. The company also offers ScoutTM, an advanced 3D surgical planning software that provides highly detailed visual and volumetric information for preoperative assessment. |
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MedCenter Display installs digital health networks in hospitals (and other provider settings). This network is displayed on 48” flat panel TV screens in high wait-time and high traffic areas. The screens communicate basic health information to patients and their families and allow local businesses to sponsor and promote themselves. |
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Nutraceutical Discoveries Inc discovers anti-obesity and metabolic health activity in food compounds, develops new intellectual property (IP) from those discoveries, and creates products with anti-obesity and metabolic health properties for multiple target demographics. Innutria™ is a specific blend of naturally occurring nutrients that when added to foods or beverages delivers powerful metabolic health benefits. |
Additional information on the TNInvestco program is available at www.tninvestco.gov.
Statement on Participation of Minority-Owned and Women-Owned Businesses click here.