BOOK OF LISTS 2015-2016
Banking & Finance
28 Hartford Business Journal • decemBer 28, 2015 www.HartfordBusiness.com
Largest Connecticut Innovations aid recipients
(Ranked by amount of funding, FY 2015)
Number of full-time
jobs
Rank Company
Amount
funded
Type of
funding/
fund
Amount
leveraged retained created Type of business
Top
executive/
title
1
LBI Inc.
973 North Road
Groton, CT 06340
860-446-8058;
www.Lbifiberglass.com
$2,683,728
Loan
Works
NA 8 14 Manufacturing
Peter Legnos
President
2
New Haven
Pharmaceuticals
965 W. Main St.
Branford, CT 06405
770-329-0074; 203-676-3676;
www.newhavenpharma.com
$2,523,070
Equity
Eli Whitney
$19,318,010 4 12 Biotechnology
Patrick Forteau
President &
CEO
3
etouches Inc.
13 Marshall St.
Norwalk, CT 06854
203-403-9470;
www.etouches.com
$2,500,000
Equity
Eli Whitney
$9,100,000 13 38 Information technology
Oni Chukwu
President &
CEO
4
NorthPage Inc.
555 Heritage Road
Southbury, CT 06488
203-264-3498;
www.northpage.com
$1,499,998
Equity
Eli Whitney
$5,200,000 2 22 Information technology
Andrew Dennis
Founder & CEO
5
Freshbev LLC
26 Kendall St.
New Haven, CT 06512
203-227-3284;
www.drinkripe.com
$1,300,000
Loan
Work A
NA 50 0 Manufacturing
Michel Boissy
CEO
6
IsoPlexis Inc.
23 Business Park Dr.
Branford, CT 06405
203-208-4111;
www.isoplexis.com
$1,125,000
Equity
Eli Whitney
$4,076,432 0 8 Biotechnology
Sean Mackay
CEO
7
Arvinas Inc.
5 Science Park, 395
Winchester Ave.
New Haven, CT 06511
203-535-1456;
www.arvinas.com
$1,124,535
Debt
Biofacilities
$6,175,001 0 24 Biotechnology
Manny Litchman
President &
CEO
8
Nuovo Pasta LLC
1330 Honeyspot Road
Stratford, CT 06615
203-380-4090;
www.nuovopasta.com
$1,097,140
Loan
Works
$11,775,675 86 8 Manufacturing
Carl Zuanelli
President
9
Oxford Perfomance
Materials Inc.
30 South Satellite Road
South Windsor, CT 06074
860-698-9300;
www.oxfordpm.com
$1,041,458
Debt
Biofacilities
$115,718 12 28 Medical products
Scott DeFelice
President &
CEO
10
iDevices Inc.
136 Simsbury Road, Bldg. 12
Avon, CT 06001
860-352-5255;
www.idevicesinc.com
$1,000,000
Equity
Eli Whitney
$9,000,000 3 49 Information technology
Christopher
Allen
CEO
11
Device42 Inc.
760 Chapel St.
New Haven, CT 06510
203-779-6342;
www.device42.com
$1,000,000
Equity
Eli Whitney
$2,500,000 0 10 Computer software
Raj Jalan
Founder & CEO
12
Pitney Bowes Inc.
1 Elmcroft Road
Stamford, CT 06926
203-356-5000; www.pb.com
$1,000,000
Tax exemption
Sales and Use
NA 1,743 8 Manufacturing
Marc
Lautenbach
President &
CEO
13
Hy LaBonne and Sons Inc.
43 Falls Ave.
Waterbury, CT 06708
203-574-1699;
www.labonnes.com
$1,000,000
Loan
Work A
$2,775,000 200 0 Retail
Robert Labonne
President &
CEO
14
AxioMx Inc. (1)
688 E. Main St.
Branford, CT 06405
203-208-1918;
www.axiomxinc.com
$917,936
Equity
Eli Whitney
$3,439,998 10 11 Information technology
Christopher
McLeod
President &
CEO
15
Soft Tissue Regeneration
Inc.
142 Temple Street, Ste. 206
New Haven, CT 06510
973-879-6367;
softtissueregeneration.com
$818,959
Equity
Eli Whitney
$2,341,041 0 1 Biotechnology
Joseph Reilly
President &
CEO
16
Continuity Engine Inc.
59 Elm St.
New Haven, CT 06510
203-907-4470;
www.continuity.net
$580,530
Equity
Eli Whitney
$9,439,646 3 26 Information technology
Andy Greenwalt
CEO
17
LogicBroker Inc.
1000 Bridgeport Ave.
Shelton, CT 06484
203-929-7633;
www.logicbroker.com
$550,000
Equity
Eli Whitney
$550,000 12 11 Information technology
Peyman Zamani
CEO
18
Gilman Brothers Co.
38 Gilman Road
Gilman, CT 06336
860-889-8444;
www.gilmanbrothers.com
$549,457
Loan
Works
NA 25 42 Manufacturing
Nicholas Vasile
Controller
19
Mystic River Residential
Care Inc.
14 Godfrey St.
Mystic, CT 06355
860-536-8854;
mysticriverresidentialcare.com
$536,256
Loan
Works
$1,475,000 11 0 Assisted living
Elaine Cole
Administrator
20
Ebrevia Inc.
6 Landmark Sq., Fourth Floor
Stamford, CT 06901
203-870-3000;
www.ebrevia.com
$534,276
Equity
Eli Whitney
$100,000 1 4 Information technology
Ned Gannon
CEO
21
Vineyard Vines LLC
181 Harbor Dr.
Stamford, CT 06902
860-892-4982;
www.vineyardvines.com
$500,000
Tax exemption
Sales and Use
NA 151 116 Retail
Shep Murray
Founder
Sources: CT Innovations, individual companies and www.manta.com.
Notes: Jobs retained and created may be attributable to more than one instance of aid received in the same year. Amount leveraged represents the amount the company was able to
secure via other sources such as bank lenders or venture capital investors. NA is Not Available.
(1)
Acquired by Abcam plc, based in the United Kingdom, in Dec. 2015.
—Compiled by Stephanie R. Meagher.
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20
40
60
80
100
120
140
Vineyard
Vines
LLC
iDevices
Inc.
Gilman
Brothers
Co.
etouches
Inc.
Oxford
Performance
Materials
CT Innovations recipients with
the most jobs created
No. of full-time
jobs created
Vineyard Vines LLC 116
iDevices Inc. 49
Gilman Brothers Co. 42
etouches Inc. 38
Oxford Performance Materials Inc. 28
