NCT Ventures announces Fund II investment in Azoti, Inc
Azoti, Inc is an online platform connecting local food producers and buyers
COLUMBUS, Ohio (June 30, 2014) – NCT Ventures, a Columbus-based venture capital investment firm focusing on disruptive technology companies that create efficiencies, announces its recent Fund II investment in Azoti, Inc. Columbus-based Azoti, Inc. is an online platform that provides local food producers with marketing solutions to connect with buyers.
Azoti, founded in 2011, services over 75 employers, schools and churches in Central Ohio and will soon be expanding operations to locations in the northeastern US. Azoti’s platform is changing the way local food is produced and eaten by leveraging the Internet to create new sales channels for local food producers, restaurants, cafes and individuals.
Dave Ranallo, Founder & CEO of the company, said “The NCT Ventures partnership not only provides us with runway to iterate quickly to the best solution, but also allows us to expand to other cities across the Midwest, East and West Coast”. Azoti will also be launching their Local Food Fundraiser program for schools and churches in Q3 2014.
NCT Ventures welcomes this new portfolio company and looks forward to supporting the team as they expand their operations. “NCT Ventures is enthusiastic about the growing trends in Farm-to-Fork and believes Azoti has the marketplace solutions to service local food producers and consumers,” said Bill Frank, NCT Partner.
About Azoti, Inc.
Azoti connects local food producers directly with businesses, suppliers and individuals interested in supporting local agriculture and leading healthier lives. By providing a marketing platform consisting of proven Internet technologies and offline marketing partnerships to increase demand, Azoti helps local food producers increase revenue and productivity. Learn more at http://www.azoti.com/
About NCT Ventures
NCT Ventures is a venture capital firm dedicated to providing a platform for entrepreneurs to succeed in turning their ideas into profitable business models through hands-on operational support. Over the last 20 years, NCT has helped build many successful companies across a variety of industries by investing within their Midwest community and focusing disruptive technologies that create market efficiencies. http://www.nctventures.com/
Associate, NCT Ventures