# CEI VENTURES, INC.: portfolio, investments and team

> CEI VENTURES, INC. is a vc firm based in United States. 7 investments on record, latest Feb 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/cei-ventures-inc (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# CEI VENTURES, INC.

Last cheque observed Feb 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Now at ceimaine.org

Venture Seed Series A E-Commerce Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **2812** days **00** hrs **00** min **00** sec

Median round **$1.1M** Rounds led **0 of 7** Sole investor **1 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch CEI VENTURES, INC.

## CEI VENTURES, INC. highlights

- 01 7 rounds on record
- 02 Mostly Venture and Seed: 67% of its rounds
- 03 Sole investor in 1 rounds, median $4.5M
- 04 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** E-Commerce Venture Capital & Private Equity
- **Based in:** Brunswick, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2019** 1 round
- **Feb** **[CourseStorm](https://millionrounds.com/company/coursestorm)** US · FinSMEs **$1.1M** With 2 others
- **2014** 1 round
- **Sept** **[Tilson](https://millionrounds.com/company/tilson)** Venture · US **$250K** With 1 other
- **2013** 1 round
- **Jun** **[Ektron](https://millionrounds.com/company/ektron)** Series C · US · finance.yahoo.com **$4.5M** Sole investor
- **2007** 2 rounds
- **Jun** **[ISIS](https://millionrounds.com/company/isis)** Seed · US · s3.amazonaws.com **$400K** With 3 others
- **Jan** **[Innov-X Systems](https://millionrounds.com/company/innov-x-systems)** Venture · US · innovx.com **$29M** With 2 others
- **2005** 1 round
- **Aug** **[Stillwater Scientific Instruments](https://millionrounds.com/company/stillwater-scientific-instruments)** Venture · US · findarticles.com **$1.1M** With 2 others
- **2003** 1 round
- **Sept** **[HB Home Bistro](https://millionrounds.com/company/hb-home-bistro)** Series A · US **$1.5M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **11 named**

CR **Carlos Robert Mello** Board Member i Form ADV

CE **Corson Ellis** Board Member i Form ADV

DC **David Chandler Jones** Managing Director i Form ADV

DW **David Wedick** Board Member i Form ADV

EB **Elisabeth Biemann** Board Member i Form ADV

ER **Elizabeth R. Butler** Board Member i Form ADV

FJ **Frank Joseph Governali** Board Member i Form ADV

MS **Miriam Sharp** Board Member i Form ADV

NH **Nathaniel Henshaw** President i Form ADV

SS **Sandra Stone** Board Member i Form ADV

US **Uchechukwu Stanley Chibueze Osuji** Board Member i Form ADV

We also hold **10** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$33M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** CEI Ventures, Inc.
- **SEC number:** CRD 316300

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Innov-X Systems](https://millionrounds.com/company/innov-x-systems)** Bought by Olympus Corporation **Undisclosed** Jul 2010

**[ISIS](https://millionrounds.com/company/isis)** Bought by TravelPod **Undisclosed** Jan 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Venture Seed Series A

Median round joined **$1.1M** the round, not its cheque Alone, median **$4.5M**

Led 0 of 7 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Feb 2019
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Venture *3*
- Seed *1*
- Series A *1*
- Series C *1*

Cheques by year Led Joined

2003 2019

Often in the room with

- [Rand Capital](https://millionrounds.com/fund/rand-capital-llc) 2

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## Who they invest alongside

The investors most often in the same rounds as CEI VENTURES, INC.. A count of rooms they were both in, not a relationship either has claimed.

[**Rand Capital** VC firm **2** rounds together](https://millionrounds.com/fund/rand-capital-llc)

## Recently backed

The latest companies CEI VENTURES, INC. put money into.

[**CourseStorm** $1.1M · Feb 2019](https://millionrounds.com/company/coursestorm)

## Quick answers about CEI VENTURES, INC.

### What does CEI VENTURES, INC. invest in?

CEI VENTURES, INC. invests most often at Venture and Seed (67% of the rounds on record), in sectors such as E-Commerce and Venture Capital & Private Equity.

### How active is CEI VENTURES, INC.?

7 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2019.

### What has CEI VENTURES, INC. invested in recently?

Its most recent investments on record: CourseStorm (Undisclosed round, Feb 2019).

### How big are CEI VENTURES, INC.'s cheques?

The median round it joins is $1.1M.

### Does CEI VENTURES, INC. lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does CEI VENTURES, INC. invest?

Most of the companies it backs are in the United States (100%).

### Is CEI VENTURES, INC. investing now?

No investments in the last 12 months; the latest was in Feb 2019.

### Who does CEI VENTURES, INC. invest alongside?

Most often Rand Capital (2 rounds together).

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