Maryland Economy

InvestMaryland Challenge advances 41 companies

InvestMaryland ChallengeOut of 260 applicants, 41 start-ups have advanced in the second annual InvestMaryland Challenge, the Maryland Department of Business and Economic Development (DBED) announced today.

The early-stage business competition—with awards provided by DBED’s Maryland Venture Fund, the BioMaryland Center and other sponsors—seeks to grow entrepreneurship and innovation in the State.

Ultimately, four companies will each receive $100,000 grand prizes in four categories, including information technology, cybersecurity, life sciences and general industry. All applicants have opportunities for promotion, networking and feedback from industry experts. Total available grants and prizes, including the four $100,000 awards, are valued at more than $700,000.

“The InvestMaryland Challenge brings together some of the most exciting young companies  in Maryland to showcase the thriving entrepreneurial community in our State and provide these rising stars of cybersecurity, biotechnology, IT and other fields with the resources they need to thrive,” said DBED Secretary Dominick Murray. “Congratulations to all the InvestMaryland Challenge semifinalists. To stand out from such a large pool of applicants is an achievement in itself and I wish them the best of luck as they move forward in the competition.”

The competition extends beyond Maryland’s borders, although out-of-state ventures are expected to establish themselves in Maryland, either through acquired space or a State incubator. Two Washington, D.C. companies and one New York company join 38 Maryland companies as semi-finalists.

Applicants will participate in face-to-face interviews with judges on March 6 at DBED headquarters at the Baltimore World Trade Center. The final winners will be announced later this spring.

Advancing applicants include the following:

Information Technology

Company   Location Technology
ADASHI Systems Baltimore, MD Application Software
Allovue Baltimore, MD EDTech
Artichoke/UrbanEx LLC Baltimore, MD Client Management App
ClickMedix Gaithersburg, MD Mobile Platforms
Clinicmax Germantown, MD Health IT Software
DinnerTime Lutherville, MD Meal Planning Web App
Mediaglu Baltimore, MD IT, Online Marketing
MobilPro EMR Lutherville, MD HIPPA Compliant Software
Printless Plans Baltimore, MD IT Platform
Pulse8 Annapolis, MD Analytics, HealthIT
Stupil (Bakesale) Laytonsville, MD ecommerce
Synapsify Bethesda, MD Text Analytics & Search
Visual Telehealth Bethesda, MD Documenting Medical Records
Woofound Middle River, MD Software



Company Location Technology
Integrata Security Baltimore, MD Cybersecurity
IntrusionOnline Corporation Bethesda, MD Cybersecurity
ITNOVA Arnold, MD Cloud Computing
Light Point Security Baltimore, MD Malware
Luminal Frederick, MD Cloud Computing
ZeroFox (Riskive) Baltimore, MD Social Risk Management


Life Sciences

Company Location Technology
AnaVirx Gaithersburg, MD Therapeutics
Brain Sentry Bethesda, MD Helmet Sensors
ConverGene Gaithersburg, MD Therapeutics
Diagnostic Biochips, Inc. Columbia, MD Diagnostics
GraftWorx Bel Air, MD Medical Devices
Harpoon Medical Inc. Stevensville, MD Medical Devices
Innovital Systems Beltsville, MD Medical Devices
JPLC Associates Baltimore, MD Medical Devices
Operative Experience, Inc. North East, MD Medical Devices
Vasoptic Medical Columbia, MD Medical Diagnostics


General Industry

Company Location Technology
Cut2it, Inc. Columbia, MD Cloud-based video platform
FiscalNote Bethesda, MD Data, Hardware Baltimore, MD E-Commerce, IT Platform
GFTL d/b/a Washington, D.C. Enhanced-Messaging Platform/Communication
Healthify New York, NY HealthIT
Milestone Pod Columbia, MD Sensor-Based Products
MobilAPS Silver Spring, MD Social media and apps
Renewable Oil International Woodbine, MD Biomass
RideScout Washington, D.C. Mobile App, Transportation
Staq Baltimore, MD Media and Publishing
WhiteBox Baltimore, MD Internet software and online marketing




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