Nashville’s EC celebrating seven exits in past seven months
The Nashville Entrepreneur Center (EC) is celebrating seven exits of companies that used its services and participated in its programs in the past seven months.
In its most recent Good Company newsletter, the nonprofit wrote: “This substantial number of exits reflects the growth and increasing maturity of Nashville’s entrepreneur community. From 2010 to 2020, we saw approximately one exit every other year. This number made sense considering the EC was a new organization, working with entrepreneurs in the earliest stages of launching a venture. During this time, the EC was able to point to other clear markers of entrepreneurial success, such as funds raised by founders, new partnerships and customers created by the businesses, and the new jobs and opportunities they were providing to our community. Now, we’re seeing the overall exit numbers culminate to an unprecedented boom with exits occurring at 14x growth with the year far from over.”
The seven are:
- Ballparc, founded by Taylor Chapman in 2012 in an effort to fix the problems he saw with event parking. Chapman went through the EC in 2012 to further refine his products and overall business. Fast forward one decade later, and Ballparc was acquired in June by FLASH, the global leader in cloud parking software and mobility transformation.
- GreenLight Medical, founded in 2016 by Austin Dirks who identified a better way for physicians and hospital leaders to make new product decisions. He joined the EC that year and participated in “Project Healthcare” in 2017. In March of this year, GreenLight was acquired by Houston-based Symplr, a leader in enterprise healthcare operations and backed by Clearlake Capital Group.
- Stratasan and its founder Jason Moore were pioneers, joining the EC’s first program in 2010 with the healthcare market intelligence and data analytics company. Stratasan’s success was well-documented, publicly raising more than $25 million while winning start-up and business of the year awards every year. In July, it was acquired by Syntellis Performance Solutions, the leading provider of enterprise performance management software, data and intelligence solutions.
- ScalaMed, founded by Tal Rapke, is a HIPAA-compliant (Health Insurance Portability and Accountability Act), smart platform that transfers prescriptions directly to patients via a secure mobile app. After participating in “Project Healthcare in 2022,” ScalaMed was acquired by healthcare giant, Cardinal Health.
- FanFix, launched last year by Simon Pompan, is a content monetization platform for creators. Pompan participated in “Project Music & Entertainment” this year and, on the heels of that experience, his company was acquired by SuperOrdinary, a global growth partner and marketplace expert connecting brands, creators and consumers.
- LabelRadar, founded by Ed Brew in 2018, helps streamline the demo submission process that makes it easier for both publishers and labels to ensure artists have their music heard by the right prospective partners. Also a participant in this year’s “Project Music & Entertainment,” LabelRadar was acquired by BeatPort, anonline music retailer.
- Piper Key Analytics, also founded in 2018 by Dan George, is an HR analytics consulting firm that delivers services for companies seeking to optimize their people. Piper Key was acquired in April by Nashville-based JumpCrew, a B2B customer acquisition company.