Current Capital for Founders investments

MBio Diagnostics

MBio develops technology that provides rapid, on-the-spot clinical diagnostics and sample testing in food, veterinary, environmental, agricultural, medical and military applications. MBio’s LightDeck® portable multiplex analyzer and disposable cartridges enable low-cost, rapid answers in 1 to 20 minutes. MBio’s technology has been used to test for over 100 important biological agents, such as Salmonella, Listeria, and E Coli; infectious diseases such as HIV and hepatitis, and dozens of other pathogens and toxins.

Capital for Founders led a multi-million investment in MBio in October 2016, and follow-on round in May 2018.

Infrastructure Networks

Infrastructure Networks (INET) provides wireless LTE connectivity and advantaged solutions to Critical Infrastructure entities, including those involved in the exploration, production, and distribution of oil and natural gas. INET has built the first end-to-end wireless network capable of enabling existing SCADA, Mobile Data, Video, Workforce Automation, and other machine-to-machine applications with Internet of Things functionality. By managing critical communications through INET’s Wireless Infrastructure as a Service model, INET allows you to focus capital and resources on your core business instead of your communications network.

Capital for Founders invested in INET in December 2016 and October 2017 as part of larger investments by prior INET investors.


PayStand uses modern Internet, Blockchain, and SaaS technologies to transform Business to Business (“B2B”) payments. PayStand’s revolutionary “Payments as a Service” model creates a smart billing & payment network that can digitize receivables, automate processing, reduce time-to-cash, lower transaction costs, and enable new revenue. Enterprises from manufacturers and distributors, to software platforms and service providers use PayStand’s flexible platform to integrate digital payments into their websites, invoices, ERP billing systems, and mobile applications.

In October, 2017, Capital for Founders participated in PayStand’s Series A funding.

Prior CFF and Andy Drenick Investments

Qualmark Corporation

Qualmark corporation provides services and equipment that help electronic product developers and manufacturers improve the reliability of their products. Qualmark, the largest provider of Highly Accelerated Life Testing (HALT) systems and services in the world, has thousands of customers including nearly all developers and manufacturers of electronic products, for example: Baxter, Bosch, Dell, GE, Honeywell, HP, Huawei, Medtronic, Microsoft, Schlumberger, Seagate, Siemens, Toshiba, Varian Medical, and thousands of others.

Mr. Drenick was an investor, board member and CEO of Qualmark which was sold to ESPEC Corporation (Tokyo Stock Exchange) in late 2015.

Fidelity Comtech

Fidelity Comtech provides wireless solutions that can be used in both the cellular and Wi-Fi spectrums. Fidelity Comtech products include an industrial-grade wireless access point with a smart antenna that optimizes wireless coverage in harsh environments, and a Phased Array smart Antennas optimized for mobile applications with embedded GPS. Coverage by these antennas can also be steered, shaped and independently controlled to suit individual applications.

Capital for Founders was an investor in and board advisor to Fidelity Comtech which was acquired by Trimble (NASDAQ: TRMB) in 2015.

Precision Photonics

Precision Photonics specialized in high-specification optical components, through expertise in techniques such as ion-beam sputtered coatings. Precision Photonics also provided a wide range of components, including high-energy laser mirrors, polarizing optics, beam-splitters, etalons and micro-optics, as well as a custom service for difficult to create optics.

Aside from telecommunications, typical applications include high-power solid-state, ultrafast and fiber lasers, as well as optical coherence tomography and endoscopy in medicine, and emerging directed energy systems in the defense sector. (Acquired by IDEX in April, 2012)

Mr. Drenick was an advisor to the Precision Photonics Founder and CEO.

Inovonics Corporation

Inovonics Corporation develops and sells innovative wireless products for meter reading in multifamily housing, commercial building security, and emergency signaling in senior care markets. Inovonics, a leader in the high performance “in-building” wireless industry has shipped over 10 million devices. Inovonics was acquired by Roper Technologies, Inc. (NYSE: ROP) in 2005.

Mr. Drenick was an investor, board member and past CEO of Inovonics.