Frederick-based company creating a platform that unifies data access and insight generation for organizations
COLUMBIA, Md., (January 21, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 Gap investment in MSTRO. The Gap Investment Fund falls under the umbrella of TEDCO’s Seed Funds, a group of funds that invest in companies with promise to become sustainable through revenue, follow-on funding, venture funds, or other forms of corporate venture.
“Unlike fragmented data solutions, MSTRO empowers organizations by delivering actionable insights that fuel creativity and strategic vision,” said Founder and CEO Chris Busch. “With this investment from TEDCO, we are excited to continue research and development efforts. I encourage anyone looking to grow their business to explore all that TEDCO has to offer.”
MSTRO, based in Frederick, Md., is creating a platform to unify data access, insight generation and knowledge management. The user-centric hub will utilize artificial intelligence to create a collective intelligence from individual expertise. Through the all-in-one design, the company is working to accelerate decision-making, drive innovation and allow users to maintain a competitive edge.
“TEDCO’s Seed Funds were created to support promising companies like MSTRO,” said Seed Funds director, Teddy Gresser. “With this investment, we hope to see MSTRO’s continued growth and innovation. We encourage entrepreneurs and small-business owners to take advantage of our resources.”
“TEDCO unequivocally believes that an innovation ecosystem that collaborates is one that will bring invaluable technologies to the forefront of the market,” TEDCO CEO Troy LeMaile-Stovall, explained. “This is just one of the many reasons why Maryland is the place to grow a business. Not only does TEDCO embrace collaboration across entities to support entrepreneurial growth, but Maryland as a whole offers entrepreneurs unique collaboration opportunities that can help businesses flourish.”
Entrepreneurs looking to expand their business with TEDCO should visit our page at https://www.tedcomd.com/funding.